Samriddhee_Techlabs

Samriddhee_Techlabs

BTCUSD 1W chart broke the downtrend line and retested. One of the possibilities on the basis of 2014 fractals,If ETF gets approved then it might follow the Green bar projection.If not(ETF Rejected) then Red bar projection might follow. Upcoming ETF decision dates: Sep 7: Bitwise / Approved, denied or postponed. Sep 21: Direxion / Approved or denied. Sep 30:...

Samriddhee_Techlabs

One of the Bullish possibilities!

Samriddhee_Techlabs Updated 

The Yellow Fractal dint playout as BTCUSD dipped before the proposed next wave.

Samriddhee_Techlabs Updated 

BTCUSD is in last wave(C) correction zone. It can correct till 7000-present value(7300) yellow zone, before next wave impulse in either direction. If Trend-line holds then bullish scenario will be in play if 76-7700 zone is broken If Trend-line is broken then we go to the green zone and invalidates the bullish scenario.

Samriddhee_Techlabs

BTCUSD forming a possible bullish pennant with target around 8800-9000 usd if plays out well. Buy only on breakout and retest.

Samriddhee_Techlabs

History doesn't repeat itself but it does rhyme! This fractal will play out if it doesn't break the 8700-8800 usd resistance level and will make new lower low(LL) near 5400-4900 usd zone. it is invalidated if we break the 9000 usd resistance level.

Samriddhee_Techlabs Updated 

Major Trend-line broke Two swing trade probabilities 1)Short from 0.07000-0.071 2)Long from 0.06300-0.06000

Samriddhee_Techlabs Updated 

There are three bounce zones of BTCUSD if it doesn't hold 6000 USD. 1)5400-5600 2)4900-5000(in confluence with 0.786 FIB) 3)3000

Samriddhee_Techlabs Updated 

Swing Trades: Rising wedge on 4HR,RSI in overbought zone but will be invalidated if it breaks the red bar and bounce with retest. Shorting around 6650-6678 with stop loss above RED zone

Samriddhee_Techlabs Updated 

Swing Trade: XBTUSD Shorted at 6353-6400 usd Reason: 1)Stoch RSI:OVERBOUGHT 2)Hidden Bearish Divergence

Samriddhee_Techlabs

Major Trend-line broke Two swing trade probabilities 1)Short from 0.07000-0.071 2)Long from 0.06300-0.06000 Note:This is not a financial advice.Its for Educational purposes