. EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
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...
isn't that happen too quickly, i mean just before around 40 days bitcoin prices pumped meteorically from 4200 to 4800 on a rumor of a fake news which was circulated as april fool joke that SEC approves Bitcoin's ETF, and weird thing is that no one panics even after this news was refute. recently we've also seen the tether fud which could have great impact on...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2195.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=1.2175.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Guys, the original Blue Sky 90% strategy does not work in live market. It repaints automatically after hitting the "refresh" button. Therefore I have come with a solution, the script is the same but this time it does not repaint AT even after refreshing the entire web-page.
If you guys want to test this indicator in live market, feel free to ask me at Whatsapp...
Recently there have been interesting developments taken place in global as well as in local.
Enhancement of surcharges on FPI has been with drawn and steps have been taken to boost auto and reality sectors.
Globally trade war has been intensified and Dow has dipped by more than 2 percent on friday..Globally economic slow down has been intensified.
BANK NIFTY WEEKLY ANALYSIS - View for 26 Aug till 30 Aug 2019.
Bank Nifty Spot has broken the Trendline and its Trading Below that.
If Bank Nifty closes below 26550, it can move towards 26442, 25954 and 25227.
On the other hand, Bank Nifty may gain strength only above 26760 , After it breaks the trend line and resistance level ( 26760 ) to move towards...
HighLight tail with Yellow color at value low.
-> Tail detect each time when price taken U-turn.
Wave counting 5 are completed.
Gravitating price is at 11340 as a target.
(suppose to close above 11357, then the next target will be 11468 (more than 90% probabilities).
We may face Resistance at control price 11340 nearby, for target 11189.
95% chance to win if...
In the middle of coiling effect. Let us wait for the structure to finish & feel the real beauty. Happy Weekend
This coiling effect can be called "Ending Diagonal or Falling Wedge"
Plan A (Sell or Short Positions)-
Expect Bounce close to 11300 – 11325 & Sell in the zone 11300-11325 with stops above 11360.
Targets - 11250 / 11200/11150-11175...
Bank Nifty is a probable Bullish Harmonic Dragon set up, currently at Ichimoku based support level. A bounce back from here could take it to 29000 where both daily/weekly resistance is found next. View would be negated if it goes and sustains below 27775
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NIFTY has closing in gap which was made during pre budget rally. We have the opportunity to trade the GAP setting 11400 has first tgt and support of 200 EMA has 2 tgt. Make your positions according to your target.