H4 BOTTOM DETECTION: WE’VE HAD TIMELY BUY SIGNALSH4 BOTTOM DETECTION: WE’VE HAD TIMELY BUY SIGNALS
Waiting for D1 to form a peak to see a price drop to 91k, but D1 stubbornly refused to decline by Sunday night, so we must rely on H4 bottom detection to go LONG.
The price zone we discussed was 102.9k, and last night BTC reached 107.2k—hitting the target. Why did it hit the target? Because BTC is rising in this wave to set up for a correction, and we expect a sharp drop to the 91k zone this week.
What should you do with BTC?
Take profits on the LONG position from the 103k zone (cash out early, around 107k).
Wait for the H4 correction and D1 peak to SHORT.
H4 will likely see a few more candles before a corrective pullback; that’s the forecast. Keep monitoring to see how the D1 peak forms.
BTC’s pullback schedule is as follows:
Visit 98,000$, take a break, refresh, and hang out a bit at this level.
Then move down to 90k–92k (we’ll plan the next steps from there).
Note: We posted 11 hours ago, and TradingView still hasn’t allowed us to publish publicly.
1d
Ease My trip Breakout triangle Pattern.1). Already give a good breakout but targets are high for -med-long term.
2). Retest around 547 to 559.
3). Its Dec time where people celebrate Christmas / New year and many Indian ideology shows travelling graph is high during DEC.
So this surely affects fundamentals of company like PE ratio / revenue and other metrics in long term.
probably this is reflected in q3/q4 results of Company.
Impact factors :
This is bit riskier due to new corona variant Omicron. As it can affect Hotels / Flight Business of Easemytrip.
Competitors like makemytrip / yatra etc.
Targets are based on pivot levels / Fibonacci / demand and supply zones
you can study as per above method why these targets where chosen also nothing in stocks is perfect so tolerance = (=-5-10Rs)
Same goes for Stop Loss
Targets : 592 / 615 / 658 / 720
SL: 530 / 505 / 483 / 460 (as per one risk appetite)
Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk
Education Cycle 1 to 5 (Old) Date Cycle 1 to 5 (Old)
0-L 1077 Cal. By 0 Point H-L 6-L 1165 Cal. By 6 Point Note: 1165(L), 1238(H), 1197(L) = 40 Points from 1165 = 1205
1-H 1189 112 7-H 1285 120
3-H 1271 82 9-H 1379 94
5-H 1348 77 11-H 1600 221
2-L 1084 7 105 8-L 1214 49
4-L 1136 59 135 10-L 1272 107 New High Will Start From Here
6-L (Start New Cycle) 1165 88 183
Cycle 1 to 5 (New) Cycle 1 to 5 (New) Projection
0-L 1800 Cal. By 0 Point H-L 6-L 2018 Cal. By 6 Point Note: 2018+72=2090 and 2090-40=2050 One more entry point and then 2130)
1-H 1942 142 7-H 2138
3-H 2016 74 9-H 2232
5-H 2100 84 11-H 2453
2-L 1812 12 130 8-L 2067
4-L 1813 13 203 10-L 2125 New High Will Start From Here towards 2453