Expecting BTC to top around 26000-26250 and ETH around 1950-2000 before going to Range Low and below.
Short term bearish scenario likely. Expecting Target 1 @ 30K in coming weeks. And after all crabbing, dump likely to Target 2 in during second half of 2022.
If there is one chart im bullish on Crypto, its definitely be CURVE Finance. Can do wonder if price breakout above 3.75$.
Expecting to see new high in coming months if price don't fall below 2490. Alts time are coming back.
Expecting previous high to be broken as long price don't break 36260. Rocket days are coming.
DXY showing some strength in LTF. Can reverse if trades comfortable above 90.5$. If not, will form base here in the range 90.5$ to 88.5$ for breakout or breakdown. Bearish only below 88.5$. Also im in slightly bullish bias for this reason.
Trouble in-coming below 765
I feel pullback rally over on this counter, now rejecting important resistance at 1570. I strongly feel we might break march low in coming months. SL for this 1600. Breaking march low will take stock to 600. which i feel is good investment zone.
Since i was already bearish on ICICIBANK since early FEB 2020. Now looking at market structure i see some resemblance in Eicher motors 2003-08 structure. We know what kinda price action happened post 2009 on Eicher Motors, if thats case we found our next HDFC BANK.
I have been bearish on pharma since mid of April, (you can see my AURO Pharma analysis posted sometime back). Now here cipla looking for juicy short,as long as 680 not broken decisively. Target 1 -322.
We got historical volume on 3rd week of April and yet price couldn't break above upper range of distribution and in fact price closed with 2 upper wick for consecutive weekly candle. As long as price stays below 3400, we might see big down move on this instrument. Target 1 - 1400. Target 2- 850. Failing to hold 850 will take price to much lower levels. Target 3 - 430.
Pullback rally rejecting at AVWAP from top and also coincides with 61% retracement. Next we might visit 15150 in coming weeks - Target 1. And then final bottom at 10500 - Target 2.
Expecting 850-950 Zone to be visited, which gives will us opportunity for LONG TERM INVESTMENT.
Cant get better example for Wyckoof Market cycle Text book distribution pattern. You can clearly see throw-over(breakout) to 1800 happened in low volumes. Now current pullback for RETEST is done. Staying below 1505 will result in break below 950 and much below.
This is gonna fail big. Expecting worst fall. Target 1 - 250. Target 2 - 100.
I posted my 1st bearish chart on Jan 11 2020 on silver, which yielded nice 30% drop. Now current move 12.3$ to 16.3$ looks like retest, so good short can be initiated with SL of 17$. Long term target remains 8.5-9$.