Bearish Patterns
Ethereum moving towards $1k#Ethereum Daily Chart Analysis
CRYPTOCAP:ETH #BearishWedge pattern starts from june 2022, after previous BullRun's downfall towards #BearishZone market, and now it will be very nearby to finish its final cycle of last Bearish mode within next 35-50 days.
As per present scenario. CRYPTOCAP:ETH will be goes towards $1k, while its Last Lower-Low target will be around $950-$850 maximum and $750 - $650 will be the minimum cut-off mark last time into this Bear Market.
After this #BullRun completion, it will be major chances, that CRYPTOCAP:BTC & CRYPTOCAP:ETH also start trading under #ETFs fund then Ethereum will be also at new Highest point of #ATH approx. FWB:12K -$15k, it means if CRYPTOCAP:ETH will be reach-out min. $1k then upto FWB:12K -$15k , its easily gives you benefits of 12x-15x.
Anyway, those are just predictions as per Technical & Fundamental Analysis as per market Acceptances of two most popular and top-2 #crypto Currencies in #CoinMarketCap.
but,
always #DYOR before investing into any #Crypto as well Trade wisely by using of #StoppLoss and It's just #NFA.
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Bitcoin moving towards Breakout#BITCOIN 2-hr. Chart Analysis
As per present MIL:BTC movements, it will be stucked between $26.9k to $26.5k , if it will be moving into this scale up to 2-3 up-down cycles, then major chances to break-out $26k mark soon with in next 48 hrs.
MIL:BTC already moving under #Bearish Flag in daily chart analysis, that's i previously posted, so as per that scenario too, its next divergence towards FWB:25K first then it will break-out FWB:23K -22k...
Anyway, #DYOR and Trade wisely by using #StopLoss in Crypto, It's just #NFA
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Must Share, Like, Comment and Follow it...
Short Setup in Marico FuturesTrend - Negative
If the price sustains below 541.40 then it could see the levels of 525 and then 510
The price gives a breakdown of 541.40 which is a 38.20% Fib retracement level.
A strong bearish crossover near an important level of 28.60% (Fib retracement).
The breakdown of the Bollinger band
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Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit Singh Virdi
BITCOIN - Again in #BullTrap#Bitcoin Weekly Analysis
As per weekly movements into CRYPTOCAP:BTC into USDT pair Chart Analysis, It's again into #BullTrap with highly Pumped at October Start-up while America goes into Shut-Down to their services as per financial crises and Recession.
This Trap is 100% #Pumptoober,
B'coz, as per chart, Buying pressure starts from 1st week of January and Selling pressure starts from 1st week of August (As mentioned in Chart), after that Not any Buying cycle with market Volume arrived yet, so market is still under the #BearishZone pressure, and whaler's are trying to manipulate the market by creating Pump-Dump as in BullTrap.
As per my analysis, very much chances for market to goes into Bearish Zone within next 25-35 days and favourable chance to reach out its final Lower-Low target from $23.5k-$19.5k around in coming 30-40 days up to Nov. end, after that market starts in #BullishZone.
Anyway,
Always #DYOR and Trade wisely by using #StopLoss, its just #NFA
and,
Must LIKE, FOLLOW, SHARE & COMMENT on it...
TRB under Bearish Pennant Pattern#TRB 1hr. Chart Analysis
After Bullish Growth and Manupulation by Whalers in TRB Since 25th to 28th Sept. from $25 to $67, just 2.5x in just 3-days, it's HYIP is finished yet and moving towards downtrend again as a Correction chart into Bearish #Pennant Pattern.
It's Very big chances to break-out this pattern into next 24-hrs., minimum upto $38-40 and as per pattern maximum upto $28-30 also.
Lets see, where it goes and how manupulators watching it again.
Always #DYOR before investing into those type of highly Volatile #Crypto projects and Trade wisely by using of #StopLoss. Its just a #NFA.
Also,
Must Like, Follow, Comment & Share our Analysisi too.
USDINR - REVERSAL PLAYThe Indian Rupee (INR) has depreciated by 1 RS against the US dollar in the past month and is approaching its historical peak, a potential reversal opportunity. Consider taking a short position, using a tight stop loss set at the all-time high of 83.6 . This decision is bolstered by the presence of a bearish divergence, lending further support to this strategy.
TVSMOTOR, 1D forms Bearish EngulfingNSE:TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles.
TVSMotor formed Bearish engulfing candlestick pattern after an uptrend on daily timeframe and gave closing below that candlestick pattern.
Entry : 1454.4
Target : 1386
SL : 1502
RR : 1.44
Shooting Star formed on LT, 1DNSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai.
LT forms Shooting Star after an uptrend and gave closing below it.
Entry : 2906.75
Target : 2760
SL : 3015
RR : 1.36
Bitcoin under Mini #BullTrap#Bitcoin 4hr. Chart Analysis
After CRYPTOCAP:BTC #DeathCross completed in today morning, Whaler's will trying to manipulate the market, and they were successful after today's #BullTrap. But as per 4 hr. chart pattern of Bitcoin's, it properly moving into Ascending Broadening Wedge Pattern with perfect Symmetry again.
Next downtrend cycle starts from 15-17 Sept. towards $22k to break out its strong support of $23.8k soon.
Always #DYOR and Trade with #StopLoss, it's #NFA
and,
Must LIKE, SHARE, COMMENT on it...
BNB Coin at Super Bearish Mode#Binance [ CRYPTOCAP:BNB ] Coin Daily Chart Analysis
CRYPTOCAP:BNB Coin continuously falling towards #Downtrend in this Bear Market. This movements running as per Bearish Wedge Pattern in daily chart cycles from last 20 plus months and at present reaching into very dangerous situation...
Basically, CRYPTOCAP:BNB coin best strong support was $185 to $200, and as per market situation towards #BearishZone, there will be major chances to break-out this support in September.
If this Support breaks, then next Lower-Low support was around $125 and it is almost 45-50% down from present situation.
So, Traders use #StopLoss, please #DYOR before investing in this high volatile situation on market.
Also, LIKE, SHARE, Comment on it...
BITCOIN soon moves under Bearish Zone#Bitcoin 4-hr.Chart Analysis
CRYPTOCAP:BTC moving under Ascending Broadening Wedge Pattern, As per 4-hour chart, its cycle started from 18 August, as well same wedge pattern moving under hourly cycles too..
The last cycle of this Bearish Pattern will be finish around 12-15 September, after #DeathCross, and the CRYPTOCAP:BTC market moves into much more deeper in #BearishZone towards $22k and major chances it also break-out towards FWB:21K -$19k too...
Although. Last Lower-Low Cut-off point will be in between $16.5k-$15.5k
Always, #DYOR before investing in Crypto-Currency and Trade wisely by using #StopLoss
It's just #NFA
and,
Must Like, Share & Follow me as well Comments on it...
ACC formed Bearish Marubozu on 1DNSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.
ACC formed Bearish Marubozu and gave closing below it.
Entry : 2024.5
Target : 1913
SL : 2106
RR : 1.36
BITCOIN - Ready to move in Bearish Zone#BITCOIN 4hr. Chart Analysis
At Present from last 20 days, CRYPTOCAP:BTC moving into Ascending Broadening Wedge Pattern.
Ascending broadening wedge is one such formation, where its signal manifestation of the ascending wedge pattern in an uptrend, the asset price trend reverses downtrend. Hence, it is a bearish reversal pattern. An ascending broadening formation forms an inverted triangle shape in the price chart.
So that, remember the CRYPTOCAP:BTC historical chart pattern of September always into Bearish trends. Now it's moving towards $22k to break-out one of its strong support of $23.8k soon, may be some chances to take a mini reversal, but it will be not sustainable for long and break-out soon towards 2nd last #Bearish reversal cut-off point at $21.5k-$19.5k soon.
Here, Market Sentiments towards Bearish Zone as well Whaler's are also ready for that too.
So, trade wisely with #StopLoss at this situation of Volatility into market, and always #DYOR, It's #NFA
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Nifty: Trading between 21 day EMA and 50 day EMAFor most part of the August month, Nifty has been trading between 21 day EMA and 50 day EMA
- the monthly average for Nifty Futures is around 19490
Nifty likely to open gap up. However one needs to watch out for 19389-19424 zone
If after gap up, Nifty sees rejection in this zone and falls below 19385, then pullback rally may be considered to be over and we might see continuation of downfall.
Cautious if Nifty trades above 19430. View gets invalidated if Nifty closing above 19490
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Is the Monthly Nifty expiry gonna be a volatile climax???Nifty
We are looking at daily charts of Nifty
- Since July 20, Nifty is trading in a falling channel
- Currently Index is seen struggling to re-claim 21 day EMA zone
- Nifty Closed below 50 day EMA after 31 March 2023
There could be a pullback attempt from here but if Nifty closing by Wednesday is below 50 day EMA, then we might see some further downside.
Important levels on the upside: 19322 / 19384 / 19440
Important levels on the downside: 19196 / 19080 / 18966
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be