Considering the recent rising wave, it is expected that the index will pass through the resistance range and influence above this range. In this case, the continuation of the upward trend will be more likely.
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
NIFTY is playing inside a strong bullish channel where we witness a steady growth ever since the bullish sentiment. Price respected the previous high created on the daily timeframe. Where we might see some price action intact with the upper and lower boundaries for sometime. With a future breakout confirmation on the lower boundary, we may witness a bearish trend...
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As long as the price fluctuates above the current support range, the continuation of the upward trend is likely. Otherwise, by crossing the support range, it will be possible to continue the downward trend up to the specified support levels
It is expected that the price will fluctuate in the current resistance range and then we will see the beginning of the correction process. If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levels
It is expected that the downward trend will continue until the specified support levels are formed. Then, according to the behavior of the price in these ranges, possible scenarios have been determined
Considering the behavior of the price in the current support range, it is expected that after some fluctuation and bottoming, a trend change will be formed and we will see the beginning of the upward trend. If the price crosses the support range, it will be a sign to continue the downward trend.
It is expected that a trend change will be formed in the current support range and the beginning of an upward trend will be formed up to the specified resistance levels. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%
The EW analysis shows a corrective raise in tge script which has high potential to have wave c starting anytime soon, good risk reward ratio to keep tight stop loss is seen in the chart
#ATOMUSDT UPDATE Hey Traders , I hope you are doing well, Today we are giving updates about Atom,Atom is forming falling wedge in 4H.Soon it will break down this pattern and we will see a massive 30% bullish wave
ETH/USDT has entered weekly fibs zone. With HK ETHETF, asian insto's money might trigger a push on eth. Locking in buy limits at 3032, all the way to 4092
It seems that BNB/BTC is trying to break up a bullish flag. The possibility is relatively low here. If K3 finally close upon the resistance, Another bull run will start here. If not, K3 will touch the resistance and fall back, And the horizontal trend will go on.
Hello everyone In my suggestion, this is the most critical chart idea I have ever posted and I recommend you to save it for the future. I do not care about numbers in this chart and I just tried to show you what might happen as simple as I can (not to get understandable mark) and I recommend you to exit the market after second rise. Remember: Do not care about how...
Hello,Traders! USD-CHF keeps growing In a strong uptrend but The pair looks locally Overbought so as it Is approaching a strong Horizontal resistance Level of 0.9244 a Local bearish correction Is to be expected After the retest Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
K1 is a bullish up engulfing pattern, But it is not strong enough to start a new bull run. K2 failed to close upon the previous high price. It seems that K3 and K4 will test the potential support under low volume. If that is a fact, It will be a first potential good place to buy in. If the following candles(Perhaps at K5 or K6) breaking up the downtrend...
The price entered the crystalline area with little support, just closing below 60,000, and the channel considered it to activate the decline. Wait for it at 56,000, and most importantly, 50,000 at a reversal angle of 270 and an average of 200 today. The drop will fail to return to the channel if it breaks it with a strong volume, a very important condition That's...