Welcome back to the watch channel everyone. My name is Josh and right now Bitcoin is currently bouncing in the immediate short term from hitting oversold here in the 2hour Bitcoin RSI. We're now playing out this oversold signal which confirmed just before the price of Bitcoin was able to wipe out this massive level of liquidity that is still sitting below the price of Bitcoin which we need to pay attention to.So I'll be talking about that in just a moment alongside Ethereum also bouncing from oversold in th ...

Welcome back to the goodwatch channel everyone. My name is Josh and right now Bitcoin is perfectly playing out the overbought signal in the short term. Simply cooling off after the previous pump that we saw over the last 1 to two days.And this is happening just after we wiped out the exact level of liquidity here which I'll talk about in just a moment alongside the US stock market which is also still bouncing around relatively sideways in this larger range right now which means we're seeing something simila ...

Market Overview - Nifty Bank index opened lower at 61,146 but recovered to 61,320, reflecting a 0.25% increase [1] - The advance-decline ratio is 10-4, indicating a bullish sentiment in the market [1] Performance of Banks - Union Bank of India and Axis Bank are the top gainers, with increases of 2.7% and 2.4% respectively [1] - IDFC First Bank is the top loser, experiencing a decline of 17%, followed by AU Small Finance Bank, which is down 6.4% [1] Sector Performance - Nifty PSU Bank has advanced by 1.7%, outperforming the Nifty Private Bank, which is up about 0.5% [2] Nifty Bank Futures - February expiry Nifty Bank futures opened at 61,266 and are currently trading at 61,300, up 0.2% [3] - The futures have a support level at 61,000, and if this holds, a bullish trend is expected towards 61,600 [3][4] Trade Strategy - Recommended to buy Nifty Bank futures at 61,200 and 61,050, with a stop-loss at 60,900 and profit booking at 61,600 [5] - Support levels are identified at 61,000 and 60,600, while resistance levels are at 61,600 and 61,800 [5]

Bybit CEO Ben: Reflections and Technical Upgrades Following the October 11th CrashBybit CEO Ben reflected on the October 11 crash that shifted the market into a bearish trend. He highlighted that while the platform remained stable with zero downtime under peak traffic of over 1 million QPS, industry-wide liquidations signaled a need for optimization.In response, Bybit upgraded its Mark Price mechanism to filter pricing anomalies and introduced a new portfolio insurance pool to mitigate Auto-Deleveraging (AD ...

Core Viewpoint - The gold market remains in a bullish trend as long as it stays above the 20-day average, currently at $4,154, with a key resistance level at last week's high of $4,264 indicating potential for further upside [1][5] Group 1: Bullish Indicators - Sustained trading above the 20-day average suggests continuation of the bullish trend, with strong demand indicated by the 50-day average not being reached during recent pullbacks [1] - The recent correction in gold prices has been contained near the top of two rising trend channels, indicating market strength despite a failed breakout [3] Group 2: Support Levels - If gold prices drop below the 20-day average, the next key support level is the 50-day average at $4,097, which has not been tested since the August breakout [2] - A breach below the 50-day average would signal a bearish trend and risk a deeper correction in the near term [2] Group 3: Price Targets - A breakout above the swing high of $4,264 targets an initial measured move to $4,356, with further upside potential reaching $4,381 and a 127.2% measured move projection at $4,454 [4] - The overall outlook remains bullish as long as the 20-day average holds, with initial defense at the 50-day line and further support from the channel top and centerline [5]

Group 1: Stock Performance - Nike Inc. has experienced a significant decline, down 30.16% over the past year and 17.85% in the last month, currently trading at $64.95, which is at the bottom of its 52-week range [1] - The stock is below all key moving averages, with the Moving Average Convergence Divergence (MACD) at -2.34 and the Relative Strength Index (RSI) at 26.93, indicating oversold conditions [1] Group 2: Business Fundamentals - Nike has warned of a double-digit sales decline in its fourth fiscal quarter, attributed to tariffs, weak consumer confidence, and a sluggish turnaround strategy [2] - Sales during the critical holiday quarter fell by 9%, primarily due to weak demand in China [2] Group 3: Inventory and Margins - The company is dealing with excess inventory and outdated styles, leading to markdowns that negatively impact margins [3] - Nike anticipates a gross margin shrinkage of up to five percentage points in the current quarter as it works to clear the backlog [3] Group 4: Market Outlook - The stock is in a bearish trend, influenced by weak fundamentals and deteriorating technical indicators [4] - While the oversold conditions indicated by the RSI may lead to a short-term bounce, the overall downtrend persists until sales and margins improve [4]