Short nifty on retest of resistance levels around 10700-10900 with a stop above higher resistance levels around 11170 and 11589.
TIme frame around 2 weeks.
The setup is in line with my earlier analysis on nifty:
$xrp is working on a cypher consolidation pattern right now with the PRZ(price reversal zone) aligning with prior support level as well. To be traded only if the pattern completes and price shows signs of reversal around the D point, targeting the 0.382 and 0.618fibs as targets.
#Bcash reversed after making a bearish bat harmonic around 500 level, which led to the development of the larger bat pattern in play. Price reversed precisely around the 0.886fib and will now look to target the region between the 0.382-0.618fib region of CD leg of the larger bat.
$btc seems to be working on a bat harmonic pattern (ignoring the wick as its not present on other exchanges), also support seems to be holding around 6450 region. Two possibilities for the next move if the support doesn't break.
$BTC #bitcoin is currently testing important levels and it is currently a watch for me.
Just did some historical analysis during the last bear 2013-14 and the current scenarios that can play out during upcoming weeks for #BTC
Zoomed in view:
#Cardano #ada offering good reward:risk at the trendline support levels.
Price currently supported by the 30DMA and facing resistance at the 50DMA level at 2350.
Bullish view if we get a break above 2350-2400 where we have the 0.382fib and 50DMA resistances.
$ADA weekly heiken ashi color change at...
$Salt showing signs of reversal as bullish presence develops as shown by the obv, macd, and RSI divergences.
Weekly heiken ashi candles expected to change colors at todays closing.
Areas of Resistances as mentioned.