It should know that when the price of ETHBTC is on a downtrend, this generally signifies that Ethereum is weaker than Bitcoin(especially when Ethereum and Bitcoin are both Bearish). If ETHBTC is bullish, like the above chart, it signifies that Ethereum is stronger than that of Bitcoin. How does this chart affect the price of Bitcoin and Ethereum? It simply...
This week I have a eye on 80.50 for price to reach. We have closed in the weekly fvg and now lying within a Daily FVG and Daily V.i The Daily V.i is important to reference as Monday we can trade higher into this.
The immediate resistance to break is 12.5 to $13 If price fails to get above $12 then we will consider it as DEVIATION at range high The next level of support would be the range quarter , around 10.80 to 10.40 Look only for LONG if this level hold
Price tagged and got rejected at .618 Fibonacci level Acceptance below 4.50 and back inside the range then we'll consider it as DEVIATION If you'd wish to position yourself, wait for the price to retest the demand zone around 3.60 to 3.50 area
Thanks for reviewing my idea, please like and follow! You don't want to miss out on big moves. You heard it from me, CRYPTOCAP:DOGE is setting up to double from here and go to 33 CENTS!
⚠Bitcoin is currently trading in a wide horizontal range on a daily chart. Depending on whether there is a breakout to the upside or downside, I see two potential outcomes. In a bullish scenario, if the price breaks and closes above the all-time high resistance level of 73,670 on a daily chart, I anticipate a bullish movement to at least the 82,000 level. In a...
Early Entry: After the breakdown of a Rounding Pattern formed since Sept 21, It has shown renewed interest at the bottom of a channel both on the weekly with a hammer candle and a strong bullish bottom shaved engulfing on the daily! Entry above daily close of 2375. Morning Star at the bottom... Safe Traders wait till Price closes above 200EMA or the Golden Crossover....
On Friday, during the European trading session, WTI crude oil prices fell slightly. WTI crude oil futures experienced modest gains during the Asian session after Israel attacked Iran, initially surging 3% but later giving up most of those gains. The escalation briefly raised concerns about potential supply disruptions, but those concerns faded as the situation...
The odds of another green month decrease with each passing month. The longer we go on without a significant correction, the worse I fear the pullback will be. We typically we get a scare shortly before/after the halving. Be prepared for such a scenario playing out again.
Good morning and good luck to you. Here is my trading plan based on: - support & resistance based on liqidation levels - fib - my exclusive order blocks I can't predict price movements, but I'm learning think like a market maker. In this case, I assume that money-volumes are more important than indicators, patterns and other levels. The goal of MM is to remove...
Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only...
** warning - tiny market cap ** On the above 3-day chart price action has corrected 90% since June of last year. Astonishingly sellers have returned price action back to support. Is now a good time to go long? 1) Oscillators prints bullish divergence with price action. As a matter of fact more oscillators print positive divergence than the previous time price...
Caplin Point Laboratories , a leading pharmaceutical company known for its focus on generic formulations with strong fundamentals, presents an attractive opportunity for swing traders and investors. Reasons are listed below : Support Zone at 1200-1250 : Caplin Point Laboratories has established a strong support zone in the range of 1200-1250, showcasing its...
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Hindustan Petroleum Corporation Limited ,a leading energy company in India engaged in the refining and marketing of petroleum products. Reasons are listed below : Strong Support at 450 Level : HPCL has established a robust support level at 450, indicating...
XETR:ENA dropped significantly by almost 47% from its local high If we can hold .94 to .90 here (green box) , more likely will retest 1.14 to 1.20 (.618 Fibonacci level) Any strong rejection at this level is a SHORT opportunity targeting .70 area Final target: .54 to .50 (if it gives)
Consider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets. Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish...
Consider a promising swing trade opportunity in Anupam Rasayan India , a leading specialty chemicals manufacturer. Reasons are listed below : Strong Support Zone at 800-850 : Anupam Rasayan India has a strong support zone established at 800-850, indicating significant buying interest and potential reversal points. Hammer Candle on Weekly Timeframe : The...
If CRYPTOCAP:BTC can shoot up to 68k level, I believe we can see CRYPTOCAP:JTO tapping 3.80 to $4 (previous range) However, it wouldn't be that easy to break this level in one go so I'm expecting a rejection at this level The safest level to max bid is around $3 to 2.80 (demand zone)