AnkitSalgia

AnkitSalgia Updated 

Amazon is making perfect parallel channel and we are looking if price breaks parallel channel, short position can be opened when daily close is below 1720 for a target of 1410. Another confirmation is to wait for bearish candle on daily right below channel. SL 1850 If price continues going down below 1410 it will complete double top formation. Price breakout...

AnkitSalgia

For last few days, the current price range has been getting very less volatile and was around 10,300. As I have published earlier Bitcoin is in primary trend is downward. Current breakout of 10,000 level will take bitcoin to 9,000, where it will get it's first support. Trading price 9700 SL closing above 10,000 on 4 hour chart. Target 9000 Do your own...

AnkitSalgia Updated 

Open Short position TP 407 Target 394, 380 SL 420 (should close above). If your idea matches mine open short, I will keep you posted as price moves. Please, take a second and support my effort by hitting the "LIKE" button, that’s the only fee from You!

AnkitSalgia Updated 

LIC Housing has started downtrend and we have drawn a resistance line from down trend which acts as moving SL for our position. LIC Housing Open Short around 465 Target 440 SL 473 (should close above). If your idea matches mine open short, I will keep you posted as price moves. Please, take a second and support my effort by hitting the "LIKE" button, that’s the...

AnkitSalgia Updated 

The trend analysis done using few major support lines on daily and weekly chart , we are looked into major support/resistance trend line of market cycle trend (since 2009) and long term (since Feb’16). On 26th July SPX was high value above trend line (Resistance) continuing since 2009 and this is 4th time where access has been rejected by resistance, Since the...

AnkitSalgia Updated 

Bitcoin is making lower low and lower high giving bearish signal for long but today Bitcoin has broken its major trend line support started early this year formed from 3K to 13K .. From my previous analysis, we can see Bitcoin is giving signal only for sell. Recently we had seen few pullback to $10,300 but price has been rejected and its acting as strong...

AnkitSalgia Updated 

For last few days, the current price range has been getting very less volatile and the volume has been getting lower and lower. I think I have a reason to explain why its happening?! As I have published earlier Bitcoin primary trend is downward, we have got another confirmation of it with the formation of Descending Triangle. Triangle patterns serve as a...

AnkitSalgia

Bitcoin is making lower low and lower high giving bearish signal for long but today Bitcoin has broken its major trend line support started early this year formed from 3K to 13K.. From my previous analysis, we can see Bitcoin is giving signal only for sell. Recently we had seen few pullback to $10,300 but price has been rejected and its acting as strong...

AnkitSalgia Updated 

On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA, and volume surge on breakout indicate short on Bitcoin.. Another confirmation can be made by formation of a bearish candle on hourly chart below neckline. Target1 9800 Target2 9300 Target3 8800 SL at breakout 10,400. Enter in trade if your analysis...

AnkitSalgia Updated 

Bitcoin is making lower low and lower high confirms bearish signal by breaking major support. From my previous analysis, we can see Bitocoin had pullback to $11,000 and price has been rejected from ‘Resistance line made by lower high’ started down trend breaking major support at $9800. Next suport for bitcoin is $8800. We will analyze again,when it reaches near...

AnkitSalgia Updated 

If ETH/USD break current major support, we can see ETH/USD making new low. Stop loss can be placed near $230.

AnkitSalgia Updated 

In my past BCH analysis we have seen down rally got support near $275, and we used it as buying during pullback wave. As we can see from our 4 hour chart there has been price rejection around $325 resistance. The BCH is ready for downward moment. The new bottom we are looking here is (240) Target1 278, Target2 262, Target3 240 placed above support zone. Last...

AnkitSalgia Updated 

Its good idea not to make new trade because BCH is in the fighting zone of bear and bull (280-265) whoever wins will take direction from here. Bears are active chances of dragging down to next level is high but not guaranteed keep close eye at break out in either direction and surf along that direction.

AnkitSalgia Updated 

This is just a pullback to major support near $10,000 from last drop to $9100. I think its not a time to create long position yet until it confirms bearish reversal which will be near $11,200 mark or so.

AnkitSalgia Updated 

Bitcoin has reversed from its long-term support near $9800, and can easily bounce to $11,100 near resistance line, made from lower low. We will analyze again, when it reaches near resistance based on how it reacts with it. Until than Happy Buying… Please like, follow and let me know if you looking analysis for other coins, I will try my best.