The party is about to start in ALTs..There might be a little more pain. Even Some ALTS will Bounce in discovery mode.
Big potential for a s relief bounce if BTC won't nuke already. Double bottom BB brakout potentially can bounce back to 1.55ish at major trendline-
Avax showing some sign of bounce. is it to early? I think it is. Sun $40 bids are set. Time will tell if they get filled.
Nifty opens record high which is 22794 level, but didn’t sustain the upper level and nifty fall almost 250 points which is 22348 level almost 1%. From lower end nifty was trying to recover and give closing at 22475 level with -172 points (-0.76%). Nifty has formed Bearish Engulfing candle on daily chart which indicates more bearishness into the market....
The Litecoin (LTC) price sustained near the $80 mark and is on the verge to cross the trendline barrier of $85, which might lead to a short term bounce toward $90.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline - Price action is close to a 200 EMA (still bearish for now) - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Fundamental Confluences for Trade: - Nothing new in the Crypto space to start...
LEVERUSDT(LeverFi) Daily timeframe range. at this decent volume market its holding well. its trying to reclaim above 0.003927 which can pretty much open its way till 0.004984. and above that is price discovery which brings a lot of opportunity.
05/05/2024 BHEL on Monthly chart BO after 12 years CMP 305 Target 10 to 30 % above BO SL - 3% after from entry point Information is only for study purpose
As we see on my analysis, The trend in two weeks did not push the gold to continue the momentum. But based on the Big trend, The gold still in the uptrend. As a swing trader, i will looking for any trend breakout and waiting for the chance given by filtering from high timeframe to lowest timeframe. The correlation big cause the next trend momentum big. Just...
ARKM looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher. Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area. Retest yellow box to enter and wait for the setup to complete next weeks. Increase in...
05/05/2024 BYKE CMP 78.8 CUP breakout after 5 years RP 80 Target : 10 to 30 % after BO SL: 3% below RP Information is only for study purpose
According to the current data, we expect to see a rebound that could reach up to a price level of 5143.
It is about to enter a range that can be evaluated through near spot. Our orders may come with BTC's possible Monday low determination.
05/05/2024 Century Enka CMP 511.40 BO above 540 Information is only for study purpose
05/05/2024 Piramal Pharma Cup and handle pattern on weekly chart CMP 151.05 Target: 165-200-215 SL:142 Information is only for study purpose
GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. Previously, investors were still confused about the time to reduce interest rates, whether it would be June or...
Hi everyone, Here we are at another Sunday. Time for some analysis. Everything I had to say is covered in the video, but for a TLDR; I am still bullish on the Dollar. Although, I'm not convinced we have reached an intermediate bottom yet. I'm still waiting for more confirmation in order to have the highest probability of being on-side. Comparing with other...
Gold is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The gold market's focus has shifted...