If helps you, please like and share. #price_action #trend_hunter BINANCE:ETHBTC
If helps you, please like and share. #price_action BINANCE:LTCBTC
Over the last few months I've made several CAKE analyses where I discussed the massive dump that this token was experiencing. Like mentioned before, I think that CAKE as an asset is dead, but that doesn't mean it can't offer good trading opportunities. This trade is based on the assumption that CAKE will reverse sharply after the crazy April & May dump. I'm...
Analyzing the monthly price chart, a significant pattern emerges - the Triple Top formation from 2020 till now. The Price Percentage Oscillator (PPO) and Traders' Dynamic Index (TDI) indicators further shed light on the situation. Here's my take on short-term and long-term price analysis and projection. The Triple Top pattern indicates three consecutive peaks at...
RDNT is one of the newer tokens on Binance, which naturally makes it more volatile than others. This volatility is risky, but offers great opportunities when used correctly. As seen on the chart, RDNT has hit hourly oversold on the RSI on a strong support area, which directly caused a bounce. For an optimal risk-reward, I put the target at 0.40, but you can take...
IF NIFTY opens or retests to 18,805-18,808, you can take a long position till 18,850. DISCLAIMER: I am not a SEBI Reg. Analyst, please do your own research before trading or investing.
Aditya Birla Capital has given a 5Y breakout with good volume. Also bounce back from 50% Fibonacci retracement. RSI is 65 showing strong buy zone. Buy price - 162-165 Target 1 - 178 which is 10% Target 2 - 194 which is 20%% SL - 154(5%) Disclaimer : This is for educational purpose only. Take advice from your financial adviser before investing.
Recently, BTC has been showing promise to begin a macro breakout and run up to over $100,000, but even more recently on the lower timeframes, it's been giving off some bearish signs at a Bearish ABCD PCZ that we could actually go back down to around $16.75k from here before actually beginning the true run up towards the 6 digits. We have made three Consecutive...
A double bottom with a hammer. If nifty opens a slight up or down, then go long, otherwise if it opens near the target or in or below the demand zone, then don't take trade. Disclaimer: I am NOT a SEBI Reg. Analyst. DO your own research before investing or trading.
Track nifty financial services sector closely. RSI is showing strength and want to go in the overbought zone I think. FIIs have infused in financial sector recently. If this moves above the supply zone marked on the chart with a closing weekly candle, Go long for the best financial services shares as large companies are the greatest contributers to the...
OMG has seen a very bullish week after 3 months of selling. BTC saw a break out and OMG followed. This analysis assumes that OMG has bottomed and will not see new lows in the future. This idea is supported by the fact that OMG lost over 97.5% of it's ATH value and is currently seeing a bullish divergence led reversal. Target at the all-time highs, around 20. Stop...
Here on a dialy chart I have plotted the ratio of BOIL share price to that of KOLD, its leveraged inverse. They both react to and reflect natural gas prices which are currently rising. I have also plotted the supply demand indicator from Luxalgo and a better RSI indicator. As can be seen on the chart the ratio ascended from relative weakness last fall into a...
AVAX has recently made a new bear-market low, but only by a couple of percent during a sell-off wick. This trade assumes that the 10.00 low will be the bear-market low, which means that the only way forward is to go up. Target for the long-term (think 1-2 years) is the current all-time high, which also gives a great risk reward of ~46. You can take partial...
Take a view of a year or two, and initiate a buy trade here. SL and Target are shown on the chart. Disclaimer:- This is for idea purpose only. I am not a SEBI Reg. analyst. Do your own research before investing or trading.
SOFi in the past month as shown on the 4H chart has run up more than 80% and now appears to be in a standard 50% Fibonacci retracement. Price has descended from two standard deviations above the mean VWAP to a single deviation after a Doji reversal candle on June 14th. The reversal was also marked by the RSI and the signal lines crossing at a reading of 93...
CFX has been one of the bigger winners of 2023. However, this token has been largely trading bearish ever since it topped late March. As of recently, CFX has hit daily oversold on the RSI for the first time in many months, likely causing some kind of reversal. Now that BTC is breaking out, I'm anticipating that CFX will see more gains in the near future. Target...
The problem lies here in this consolidation zone. 15 minutes candle sustaining above this consolidation will lead NIFTY to 18770 (RSI is also neutral and I hope it will show strength as market breaks consolidation on upside). DISCLAIMER:- I am not a SEI Reg. analyst. Do your own research before investing or trading. Comment if you have any questions regarding this.
Using the RSI to view a trend line. Higher low is also present which is a good sign. Viewing the RSI on the monthly Matic hasn't really seen much action at all. We are yet to experience a second bull run.