Entry price: 135-137$ Target price: 143-145$ Keltner Channels: The price below the lower band. RSI: Indicator is approaching 20 level, thus the market is oversold. Conclusions: RSI and Keltner Channels suggest that trend reversal might occur in the near future. Therefore the long position is recommended in the support zone. No financial advice.
The indicators used on this chart suggests that BHARTIARTL will probably reverse after a strong bullish movement. - MACD gives us a short signal - ADX is 45.59 and after period of extended uptrend it seems that it curved down what may suggest a trend reversal which we can observe with current price action We should wait for the price to break the support and...
According to the analysis, ATOMUSDT will probably reverse after a strong bullish movement. As we can see, we got short signal from the two indicators used for the analysis. MACD line cross below the signal line and this is usually interpreted as a sell signal. In addition, ADX shows us the trend is strong. Nevertheless, we need confirmation of our assumption...
According to this analysis, the price of gold is expected to continue its trend probably till 1676 where there is a strong support, and then it will bounce on that support reversing the trend. In fact, I would suggest waiting to see till where the price will decrease, and in case the price will touch the support, it could be a good level for a long position, with...
entry price 10.260 stop loss 8174 target price 13420 The ENI stock is currently in consolidation, respecting the support and resistance levels. Long position is recommended until the price falls down on a retracement. RSI and MACD show possible LONG trend, in fact along with the good performance of the company is expected to be a bullish moment in the near...
entry price: 2591.98 profit price: 3136.06 stop loss 2345.60 Head and shoulder pattern, in this case the presence of an head and shoulder pattern isn't an inversion signal but only a breathing moment, we can discover it because the A, B, C aren't in the right position and the volume that follows these points don't present elements to confirm the inversion. A long...
Carmat SAS is a France-based Company engaged in the development and production of heart prosthesis. enter price:25.8; stop-loss 23.30; target price 33.60. Carmat's RSI looks strong and shows upwards momentum, therefore a drastic trend reversal or corrective pullback are unlikely to occur in the near future. DMI the indicator in these situation can't be easily...
The indicators used to analyze this chart suggests that BAJFINANCE will probably reverse after a strong movement where the stock was overbought. As we can see, MACD line has just passed the signal line, indicating the presence of a bullish momentum. DMI indicator shows us that the uptrend is not strong anymore because +DM and -DM are closer than before now. And...
Entry price: 337-342$ Target price: 377-384$ Candle pattern: Bullish Harami Keltner Channels: the price beyond the lower band RSI: indicator approached the 30 level, therefore the market is close to be oversold Conclusions: RSI, candle pattern and Keltner Channels suggest the trend reversal. Thus, the long position is recommended in the support zone. No financial advice
Bullish trend of Netflix, started in April 2020, seems to continue after the breakout of the channel formed in the last months. RSI shows us that is not overbought or oversold and ADX is above 40 indicating a very strong trend. Entry price would be close to previous support formed after breakout. Moreover, support coincides with 50 % Fibonacci suggesting a...
NVDA is in a bullish uptrend momentum. Stochastic oversold give us an opportunity to enter near to 50 EMA used as support many times. Also 50 EMA coincides with a channel support created after the breakout of resistance at $ 207,34. ADX is above 21 suggesting that the trend is still strong. Moreover the channel support coincides with the 50% Fibonacci. BUY ENTRY:...
On the 4-hour chart, we can expect a bearish confirmation of the MACD crossover indicator, because as we can see, the MACD line and the signal line are already getting close to each other. The stock price is also moving to the middle level of the Keltner channel. The Williams Fractals indicator shows a bearish confirmation either. In view of these findings, we...
The live Ethereum price today is $3.436,29 USD with a 24-hour trading volume of $16.184.015.412 USD, -0,15% in the last 24 hours. After its bullish momentum ETH seems approaching now a significant correction, as the price has already hit the upper level of Keltner channel on 4h timeframe . Historically after such a bullish momentum, price usually starts its rally...
The live Bitcoin price today is $47.484,57 USD, -0,10% in the last 24h, with a 24-hour trading volume of $33.399.961.250 USD. POSITION: short ENTRY PRICE: >47.8 k TARGETS: 45.7k / 43.7k / 42k / 41k / 38.7k STOPLOSS: 49.7k ( 3%) Since the 20% correction of 7th September, BTC price found its support at 42.7k level and it is now already up 10%. After...
The live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel. The prognosis for the next days is still bearish as price has fallen under...
Entry price: 196,5-198$ Target 1: 212-215$ Target 2: 228-230$ RSI: approaches 20 level, the asset is oversold Keltner channel: the price is beyond the lower band Conclusions: RSI and Keltner Channel suggest that the trend reversal might occur. Moreover, the price approaches the strong resistance level, thus the long position is recommended in that zone. No...
Entry price: 144-145$ Target price: 150-151$ Stop loss: 142-143$ Bollinger bands: the price is approaching the lower band Candle pattern: inverted hammer Fibonacci retracement: the price is approaching 1 (144,43) level Conclusions: Bollinger bands and candle pattern suggest a trend pullback. Moreover, the price is approaching the Fibonacci level, thus the long...
NTPC/USD Information: National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency. The statutory corporation has done new investments in renewable energy sources on the Indian market. Signals: Position: Long Entry price: Limit order at 1,60 USD. There could also be an argument made about placing...