BTC is forming A Descending triangle on the daily, it's a huge bear formation. The Price Target of the triangle being so slow to the 200day MA gives me a lot of reason to believe we'll see at least 35k. Maybe in a few days after the MA Catches up to the price target
On the weekly we had a golden cross on the 50/200 moving averages. So this being a final...
On Weekly Chart - After the Cup and Handle BO - Nifty retested the BO zone and bounced forming a Rounding Bottom BO. The Target for RB is 21820. The Multi-year trendline resistance is likely to cross around 21900-22000. Given India Vix BO, Nifty might face sharp correction after testing 21820-21900 levels. Keep a tab on individual stocks and...
On Daily Timeframe, BANKNIFTY trading at important support zone. Time to wait for either breakdown or reversal for the Banknifty.
Case 1: Consolidation Move
- Banknifty can consolidate near this support level before the strong movement
- Consolidation zone is nearly 500 points from 44000 to 44500 level
Case 2: Breakdown Move
- Confirmation for breakdown will be...
This scrip showing high potential to move up with 2 factors as mentioned in subject line.
1. It has Necklace Pattern follow up &
2. Its breaking Trendline.
Check the example chart that I am sharing that shows how beautifully stock moved in the trend line and also did a reversal from that high.
How to draw a trend line is important.
The stock is currently moving within a channel and is now undergoing a correction from its peak.
disc: No recommendation nor is the position, sharing for educational purpose
For me to enter i would need GJ to come down and hit the current fib and 158.500 or 157.500 to buy it up.
At 164.500 I'll need to assess what price wants to do to there because it can drop from there or it can retrace temporarily and fake everyone into selling at that fib only to continue bullish and raid everyone's stop losses. (I would if I was a bank)
This is...
Price is now hovering in a Fib from the previous high on the Monthly TF. It has reacted to it and dipped but I'm not too sure how it is going to continue reacting for the time being. I only trade 1 or 2 pairs max at a time and GJ is one of them but i won't be entering until it breaks out indefinitely or shows me some kind of direction/bias.
It can either respect...
G'day,
Previous analysis attached below back in June 7th. Enjoy.
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral, however, as outline below - will be buying until the OL, offers a highly probable zones...
Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the chart mentioned above that BTC is still trading inside a price range-bound.
BTC was unable to break above the $20k resistance level and was trying hard to break...
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient....
Hello !!
Welcome to the quick update of BTCUSDT. It was trading in the range of 37300 to 39800 for a long time. It is still in that channel and I can see a larger bear flag that was about to break but BTC managed to enter the channel again. I think we are still not bullish on BTC as it has a number of resistance that it needs to break before hitting 48000.
The...
UJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci...
Hey all Gamblers Paradise here with another crucial update on the Bitcoin Price Action.
Just wanted to remind you to please like and comment on this post if you have found use for it in your trading analysis and be sure to also Like & Follow my Trading View account to get these updates as soon as they come out!
The SMART TRADERS are SMASHING the LIKE, REP and...
For tomorrow, we have 2 important news in U.S. Dollar about Consumer Price Index and Initial Jobless Claims in USA. But, I interesting that you read these sentence:
>>>key inflation data which could confirm the start of the Federal Reserve’s policy tightening process.
>>> Investors have been revising their forecasts for ECB rate hikes after the bank caught them...
So I thought I would put some thoughts together breaking down how I am looking at the Macro View of BTC at present, as there is a lot of negativity in the space right now and on CT (Crypto Twitter ). A good way to clear you head from the noise is to step back and look at the chart on the macro level (see the forests from the trees).
For simplicity, this analysis...
Here's the chart analysis of HFCL .
HFCL in an uptrend and it formed a Triangle Pattern breakout with a Good Volume support . In terms of the the pattern touches the Resistance zone and now gives a Breakout . after a breakout wait for a next move and price moves towards a upside .
Hey everyone - hope you're good.
1) Strategy is nothing and certainly not "mine" - it's been around since early 20th Century since the days of Gantt, Livermore and Wyckoff
2) Tried and tested methodology whereby Market Makers sell down below structure
3) Killing Retail stops
4) Go back up
5) Come back down to exit the sells at close to break-even
6) And then...
