LT looks good for 1230 target. For SL it has a strong base around 1100. Adding the earlier chart for reference.
Looking for a potential Liquidity Trap here to trap new sellers predicting a change in trend and squeeze out current long positions. I am looking from an institutional point of view, where liquidity is needed before a further move to the upside. This area of business (blue rectangle) interests me as we have nice prior lows where there will be a lot of stops...
NSE:LT in Supply Zone, if break upward : Buy above 924. if break downward : Pullback
BITSTAMP:BTCUSD In this video I look at chart pattern possibilities, including the text book break down from the recent Inverse H&S Pattern reaching its target to the tick! This target hit the ATH 50% Fib., to the tick practically! Also, I highlight the potential Inverse Cup & Handle Pattern I'm seeing develop. As of this report $BTC has retraced 50% from swing...
LT Found support around 950 & 50 Day Moving average supports on
LT 4hr candle showing evening star at the dynamic resistance level have to watch on mondy if it dint give breakout it could go to dynamic support (and we can short)
Buy above 970 given breakout with volume , have mentioned the fibo levels in the chart . The trend line will act as support support and can be bough in dips. Have added at these levels , we should see the long pending move now
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Mentioned the levels in chart
LT Weekly trend chart ! If #market #trend and fear continues for few days due to #Corona Virus, #LT will soon touch the nearest trend line that is around @1050. Will continue short position till target @1050 with a stop loss price @1200