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...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price started to rise in the upward channel and soon reached the buyer zone, but then it rebounded and little declined. After this movement, the price continued to move up and soon broke the 2265 support level, which is located in the buyer area. Next, XAU rose...
Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊
Remember, my analysis is a...
Avalanche (AVAX)
Despite Bitcoin's recent decline to the $40,000 mark, AVAX has continued its upward trajectory this December. In the last fortnight, the asset has surged by 66%, hitting a new annual high at $42.96.
Currently, AVAX is undergoing a correction, with its price hovering around the support zone of $32.7-$34.7. The key resistance level to watch is...
Bitcoin (BTC)
Currently, Bitcoin's upward trend is still in play, but there's a noticeable weakening in buying strength. The asset is trading within a local sideways channel, bounded by the support level at $35,500 and resistance at $36,900. It is expected that Bitcoin will continue to fluctuate within this range over the weekend.
Above this current resistance...
Hello traders,
Today, let's set our sights on SBILIFE , a stock that's been on a consistent upward journey. Here's what you need to know:
Rising Trend: SBILIFE has been steadily moving in an upward direction, making it a compelling pick for traders.
Growth Potential: There's room for this stock to surge further, especially if it approaches near 1320...
Restaurant Brands looks to be in an upward trend based on Elliot Wave analysis. I predict QSR to drop slightly at the market open tomorrow the continue its upward trend.
The weekly chart analysis suggests a potential upward movement. The 14-day stochastic oscillator has reversed from the oversold zone, indicating a momentum shift. Price found support at 220 level. A fresh divergence on the chart adds to the indication of an upcoming upward trend.
Buy at Market, Target at 235, Stop Loss at 218
Recent ETF filings have placed Coinbase alongside serious financial players such as Blackrock. BlackRock has announced its plans to conclude a monitoring agreement with Coinbase , thereby addressing a key concern previously voiced by the SEC in its rejection of Bitcoin spot ETF applications.
The fact that the SEC action is not scaring investors away, is a...
Me again with another setup of RNDR/USDT. I have mentioned my analysis by showing that RNDR is slowing making an upward trend channel. I have used 12HTF and mentioned my bullish and bearish points in it. As the market is right now going down, some of the alts are performing in the upper direction, and RNDR is one of them because, from this new year on, RNDR...
MPC (along with all refiners) appear considerably cheap to replacement value. MPC's chart pattern indicates it has placed in an upward sloping wedge formation.
PetroChina building refining capacity to the tune of $70,740 per refined barrel. This is above the industry average of $32,800. With these new figures in place,
industry replacement value offers a...
Doge coin is ready to start upward trend very soon.
I predict 150% pump for Dogecoin less than 1 month.
Please attention to the chart and comment me.
Thanks everybody.
CHFJPY has been trading inside the given parallel channel since the start of 2020. a rather slow moving pair , but as of now i expect it to go up until the upper resistance of 127.8 in the near future ! to further strengthen the idea, currently a bat harmonic pattern can be observed on 1 hour time frame . As of now , my targets 1 and 2 are 127.05 and 127.8 respectively !
All details are on chart.
Please note - Am not a SEBI registered. Please do your own analyses before taking any position. This post is only for educational purpose.
BTC has been riding the 0.236 fib as support for the last 13 days, the 1.618 fib is sitting on 85k and the MACD looks nice and filled out about to cross. Maybe we will see some up trend pressure before the year is over, maybe early January next year?
But WTFDIK?
Hi traders. I updated the Head-and-Shoulders' template. My entry yesterday was antecipated but the setup is going well. The market Is double-bottommed and an 2-Day upward to the supply zone above 52k Is possible (higher high at least). It'll invalid the shoulder, off course, validating a Broadening Triangle top (short).
Great trading at all.
DNN chart upward channel, good support level to buy with expect rise to 2.2 $ from current price of 1.7 $.
Convergence with CCI indicator suspected price rise.
Before the first rally in October there was a very similar 30% drop AND descending channel. In my mind this looks like whales and strong positions artificially dropping the price to get a better position before a rally. Not financial advice, just an observation.
