Price can make another try to break the first pivot, but it doesn’t look very good to see such a strong rejection. Be careful but I wouldn’t discard price still eventually conquering the pivots later this month. We’ll have to monitor what the dollar does. If it gets rejected at 108$ and finally has a decent pull back that would definitely allow Bitcoin to hold...
daily closing above H4 I would look for higher. but maintaining H4 as resistance I would look for correction down to as low as L3 or pivot cpr purple lines. These levels are monthly camarilla pivots
Chart is self explanatory. just a possibility. this chart uses monthly camarilla pivots and CPR. linear regression. custom oscillation. maybe find resistance around here up to H3. and if we do... maybe new lows at L3. all of this invalidated above H4
between H3 and L3 are ranged plays. possibly move from L3 to H3 (manage risk from L4). Breaking the L4 or H4 would lead to range break and potential move to levels 5 and 6 on either side. (manage risk from level 3 of whichever side breaks AFTER a break of level 4 only)
CPR monthly is once more driving the market. If we don’t go above the white pivots for July we risk falling to the first support at 14k. Right now the lower pivot is causing struggle. We must manage to get above it and quick! Each month has been THE SAME story.
probably easily ranges from H3 to L3. but it if breaks H4 or L4 can expect continuation to levels 5 and 6
For any opening between 16340 to 16400 a bullish trade can be initiated, if nifty crosses 16400 level with a positive price action in 15-minute time frame. 16448 and 16481 will be the initial resistances. Next resistance levels will depend on price action only. Nifty crossing 16324 level without crossing 16364 level before, a bearish trade can be initiated....
With flat or small gap down opening, if nifty crosses 16410 and sustain then a bullish trade can be initiated. 16481, 16557 and 16612 will act as major resistance, for any gap up opening of more than 50 points need to wait for price action to complete for an entry. With flat or any opening below 16416, nifty crossing 16409 level with negative price action (in...
If nifty opens below 16635 and crosses this level with a positive price action, then a bullish trade can be initiated. 16718 and 16793 will act as major resistance. Foe any gap up opening over 150/180 points need to be careful. With any opening below today’s high (below weekly CPR) bearish trade can be initiated, when NIFTY crosses 16524 level, which is the...
At this time SGX Nifty is 116 points down then it’s previous days closings, and at fib level .786 which may act as support and probably may took a reversal, and then we may see a flat or small gap down for nifty on Monday. But if SGX Nifty breaches its current support level and continue its move then we may expect a heavy gap down of NIFTY on Monday. If NIFTY...
Nifty continued its retracement today on 1 hour time frame, broke fib .236 but could not sustain. This trend will be continued as long as it remains below 16600 level. A downward trendline is visible, which will surely act as resistance tomorrow, if nifty opens below it, and for any opening above this line surely it will act as support. So, depending upon...
New camarilla monthly pivot coming in around 41k. statistically only two of these in the last 5 or more years did not get at least tested. it could happen from here or from L3.
likely comes up for a test of H3. and if it breaks H4 we can see about more. invalidated with a strong break below L4. target would then be L5.
earlier in january I posted a trade idea at yearly L3 saying we might be in for a move up to yearly H3. we got that bounce are now facing yearly central pivot. From here I expect a retrace and daily cool off to new incoming monthly pivot around (yet not confirmed until monthly close) of about 44 to 45k. from there as long as we find support on our daily...
While we are obviously bullish. I predict we will have a short term pullback to possibly the weekly pivot or L3 region. this trade is valid only under 50k and within the week. levels on this chart are camarilla weekly and daily levels
US markets are in green, results are coming. yet sentiments are mixed. all we need to stay neutral to catch a big move. don't overtrade traders. best of luck with tomorrow's expiry.
41.6K is the area with most historic volume in the visible range in the presented chart. If BTC breaks down this level there's a vacuum of volume that will only find a potential support around 38K. Unfortunately that would invalidate the inverted head and shoulders we were discussing yesterday. If we bounce back up on the daily and only wig below then we would...
camarilla daily pivots. entry on H3. Target L3. stoploss H4. careful. trend is getting bullish. trade small and consider it corrective trade. only good for today.