BTC has always dictated how the market as a whole in the crypto space behaves and there is fear and indecision regarding the price of BTC, We can see that price has fallen to a crucial support level and despite being healthy movement we need to maintain the 64 K level to continue the Higher Lows and Higher Highs that upward market momentum requires.
I will be...
TOMORROW STOCK🔰
Axis bank is looking good for tomorrow price is at crucial support zone and has selling pressure i think it may give down movement trade after the candle closed below the crucial zone for the better probability
Have a profitable day
Thank you😊
DESCRIPTION: In the chart above I have included and brief macro analysis of the DAX a GERMAN equivalent exchange of the S&P500. Aside from the difference in point ratio the DAX and S&P500 have a special relationship in which they mirror one another usually with the DAX following the S&P500. Nevertheless the DAX in this case can be showing us a different...
Cipla is looking good setup for tomorrow trade Cipla formed head and shoulder pattern
in 1 day timeframe price in a crucial level if a candle break and close below the support
we can sell cipla first target will be 1078.50 and second will be 1066.20and trail your
stoploss if cipla braking upper green zone then we can avoid this trade
Thank you
NSE:CIPLA
I'm just going to write here the words I wrote in the chart.
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BTC CRUCIAL (Possible Crash if...)
This week's candle will close in 1Day and 15hours
1. BTC massive rejection from 45k (20smma yellow) - we want to see a recovery upto 41-42k within this weekly candle. (13.67% wick from top to body)
2. If BTC didn't recover then I can see the Major Support test...
A week ago, I posted a short idea on PTON with the Head and Shoulders pattern as my reasoning. That idea is still active, but I will be looking to this week's upcoming earnings call for confirmation of the pattern. The neckline of the pattern (~$95) is a critical support level and the earnings call will ultimately choose the direction in which the stock will...
Hit crucial monthly trendline support and the U.S. government has finalized a partnership with Walgreens to deliver the COVID vaccine as soon as it's available! Not only that, but this company is significantly undervalued at the moment. I believe this is a great long-term play.
Trend line showing overall bearish trend. Bank Nifty also in bear mode clearly now.
Today's closing is very important. 385, if broken with volumes on closing basis will cause more pain. Previous candle bounced from support level and closed green. Current candle showing bearish bias.
Bullish only if hourly close above 393-395.
Kindly do your own research.
Monthly: Huge rejection of 112 level with two spinning tops and a huge bearish engulfing candlestick
Weekly: Break & retest of 108.5 zone with a nice shooting star rejection candlestick
Daily: Bulls failed to take controll of the market by breaking the ascending trendline. Bearn are now on controll
4Hour: We have a descending channel. Price retraced to our minor...
Chilean Stocks.
Pure Technical Projection.
Price has been forming a symmetrical triangle since 7 years already. Now it will test the lower support again and will be crucial for next steps.
Support, Volume, Butterfly & Cloud:
-PRZ: Volume has risen significantly, so if price can hold at the lower band of the triangle, profits around 9 - 13% can be seen for the...
Chilean Stocks.
Pure Technical Projection.
ENTEL doesnt look well. It is in full downtrend, reaching historic lows ranges and the weekly chart paint an huge H&S through all the history of this stock, which i cant really say if it is valid or not. I guess this will be a crucial support test.
On the daily, one Butterfly is completed and retesting suport through an...
For Decades now the yellow metal has been precious and the long term trend also indicates that its an uptrend. Looking at the monthly charts there is a clear ascending trendline which has been tested and held for more than 5 occasions. This is a very strong indication that the dynamic trend line is acting as a crucial support.
Looking closely at the weekly...
