BitcoinWiser

BitcoinWiser

Price Rising Up, Volume Declining = Bearish Divergence on LTF The dump will be quick and good to make money on the SHORT! NSE:APOLLOHOSP

BitcoinWiser

Most of the large caps mimic the same setup. Long term bullish trend intact. Measure move on horizontal ranges S/R Bullish ascending triangle. LONG TF out of it! NSE:TCS

BitcoinWiser

NSE:TATAMOTORS Sexiest cup formation inside a bullish ascending triangle shouting "consolidation"! Just a matter of time to BLOW UP!

BitcoinWiser

Fractals in sync to repeat itself Bullish ascending triangle in formation. Check "measured move" from flagpole, we cross ₹1100 NSE:ADANIPORTS

BitcoinWiser

Gold has always been the flight to safety. With ongoing economic turbulence across countries due to Corona V2.0 aka Lockdowns v2.0, gold will prove itself as the numero uno store of value this year. Needless to say Q1 2021 has been the worst for the Indian Rupee. Indians don't have the option to hoard $$ legally but only GOLD.

BitcoinWiser

India's #NIFTY is insanely bullish till Jan 2024 - this is the bull run we all have been waiting for 32300 by JAN 2024 Essentially we will more than double from here so we can safely say grow at 25% CAGR on an annualized basis when seen from a 4 YR time frame. Best time to put money in the index fund

BitcoinWiser Updated 

Bears must have been happy to see the rising wedge formation all this while when the V shaped recovery resumed to claim the former top but cooled off at ~39500. The rising wedge formation did validate for a while and shared the target of ~34500 from a 'measured move' perspective. Note the divergence from the RSI while it tends to form a falling wedge which is the...

BitcoinWiser Updated 

NIFTY / Dollar index is a good way to gauge the co-relation between how Indian equities will do as and when the dollar moves. A lot of fundamental news on the dollar this year, both bullish and bearish, however the chart is signaling a NIFTY breakoff against the might USD. The last time it did in 2017 after a sharp sell off, we printed new ATH within a year....

BitcoinWiser Updated 

One of the best looking and yet under-rated commodities chart has to be of COPPER. I know Gold and Silver bugs don't usually get strayed with non-precious metals but technicals are surely juicy if you are able to take a multi year position. My guess is it will be early 2023 when we break through the new ATH. Notice the divergence of price and OBV + a...

BitcoinWiser

It's good to be a BTC permabull but as the 1st rule of trading, you also need to see trends and risks associated. Zoom out to take a macro look on BTC and it looks weak trapped in a symmetrical triangle in a multi year pattern most likely to break by the end of 2022. The winter of 2022 will actually end the deep long crypto winter we have been under since Dec...

BitcoinWiser

After bottoming out at around Rs30.10 during the Corona crash, since then price action is trapped in a 'broadening rising wedge' pattern which is looking juicy for the next 100% gain (from wave 2 to 3). Volume profile lends confidence that the next sell off zone Rs105-Rs120. Will update the chart in every 15 days.