🔍Yesterday, Bitcoin formed a strong bullish candle on the daily time frame, highlighting the importance of considering all scenarios to avoid being caught off guard by market movements. One of our scenarios suggested that a false breakdown of support could lead to an upward move. This indeed happened, with Bitcoin not only rising but also breaking through the...
We expect a decline, and the decline will be confirmed when 1.35498 is broken when the daily candle closes below this number. We expect a decline to the next number 1.33632.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Good Evening and I hope you are well. overall market comment US CPI came in line and it was obvious that we would melt then, since yesterday PPI was hot and we melted anyway. Now we get a deep-pullback the last weeks after new ath’s and now we got the retest or new ath’s. From a technical point markets are now absolutely free to do whatever they want. Right now...
Good Evening and I hope you are well. comment: All bear trend lines clearly broken and higher prices are expected. My line in the sand for the bears is now 67250. If bulls can get above that, we see 70000 with very high probability next. I got measured move targets 70000 and 72000. current market cycle: Trading range but I’m open to a bull trend for retest...
Consider a promising swing trade opportunity in Jubilant Ingrevia , a leading player in the specialty chemicals industry. Reasons are listed below : Breakout from Strong Resistance : Successfully breaking through the 500-520 resistance zone after multiple tests, indicating potential bullish momentum. Bullish Marubozu Candle : Strong buying momentum signaled...
Price is still moving in our predicted direction as we planned in higher timeframes. Here is a medium-risk position. Ps. Leave your comments and thoughts.
The price has been moving downward for some time now and completing the 3rd wave based on Elliot waves theory .. what we see as a spike is more like the price giving out its last sellers .. now needs to correct .. and then continue its way down. I don't think the 5th wave will go down below the 3rd wave, or if it goes, it wouldn't be too much .. we are at the...
🔍Today is a crucial day for altcoins, as they have reached significant support levels. The market exhibits clear signs of buyer weakness, with selling volumes substantially outpacing buying volumes. Given these conditions, short positions are more favorable. The focus of today's analysis is Ethereum (ETH), the leading asset in the DeFi space that continues to...
GBPCAD may drop from a solid falling trend line on a daily. I see a strong intraday bearish confirmation after its test on an hourly time frame - bearish breakout of a neckline of an inverted cup and handle pattern. The price can retrace at least to 1.715 ❤️Please, support my work with like, thank you!❤️
Yesterday's US fundamental data made EURUSD very bullish and the pair managed to violate a significant structure resistance. Retesting the broken structure, the price broke a resistance line of a bullish flag pattern on an hourly time frame, indicating a highly probable bullish continuation to day. Next resistance - 1.0835 ❤️Please, support my work with...
Good Evening and I hope you are well. overall market comment US PPI surprised upwards and markets printed a crash bar, just so the bulls can do the reversal and squeeze all the shorts. Measured move targets from that spike lead to many logical resistance levels and after today there can be little doubt we won’t get there before US CPI is released. Odds that...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
GBPCHF leaves multiple strong bullish clues. Earlier, the market violated a resistance line of a narrow accumulation range on a daily time frame. With the release of various UK and Fundamental news, bulls show their strength today. I think that a bullish movement may continuation at least to 1.148 ❤️Please, support my work with like, thank you!❤️
🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short...
A potential swing trade opportunity in Syrma SGS , a notable player in the electronics manufacturing industry. Reasons are listed below : The stock exhibited resilience as it rebounded strongly from the 450-500 support zone, suggesting a false breakdown and indicating underlying strength. A hammer candlestick formation on the weekly timeframe signals a...
Renowned as a premier housing finance company in India, India Bulls Housing is esteemed for its innovative financial solutions tailored to the housing sector. Delving into technical indicators and price action, we uncover compelling factors signaling a potential buying opportunity within India Bulls Housing's stock. Reasons are listed below : Multiple tests...
In 1 hour, we are expecting US PPI report. Ahead of the release of that data, I see a bullish price action on US30. After a test of an intraday support, the Index started quite a long correction within a narrow horizontal range. Its resistance was broken with a strong bullish candle, indicating the strength of the buyers. The market may bounce. Goal -...