After looking at the bigger picture, Bitcoin's long-term weekly chart, we go back to the lower timeframe to get a better idea as to what will happen short-term... Is the low in?
We have really good support above $40K.
That is the $40,000 - $42,000 price range. The longer this level holds, the higher the chances we end up bullish with a higher low.
huge rally is coming ahead just wait for proper breakout and then enter with proper risk management and wait is the key
all the best if this works or not
keep safe trading
thank u will post more such content for learning
Currently banknifty created a supply zone at 38450-38850
So now it can make a low of 37000
After that when it makes a bearish candle at it supply zone we can short it for the targets of 36800 / 35000
Only short at bearish candle
And put stoploss as entry candle's high
TECHM gave a breakdown from a rising wedge pattern which is a bearish pattern.
Most of the time first it gives a fakeout and then a breakdown same happened here today in tehm
RSI going weak
MACD going bearish.
You can make your short positions on a retracement or pullback
I wish to give you some important points to consider while you are applying Fibonacci retracement.
fibonacci retracement is a beautiful tool to know the target and supporting and resistance levels in a given day
But i have seen some wrong conceptions in fixing the fibonacci retracement levels in a given day.
Unless otherwise the fibonacci retracements are...
My wave analysis suggest a nice buy coming soon..
Wait for a reversal and then a correction on M15 and on top of this only take a buy trade, not before.
Not sure whether i will be able to update here on time or not.
Happy Trading. Hope you will all make good money.
well these analyses are typically based on the momentum of the gold and from our point of view XAU/USD can have its short term momentum till 1804 and for the long term we are hoping it to go till 1698 well that's a huge movement and it will take a certain amount of time too
for now, 1804 is the point to look out as given in the chart above no indicators were used...
“Make it simple, make profit”
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for January...
Cumminsind has given a breakout and also seems to have retested it today.
Buy above 1006
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will...
Hello my fellow cryptocurrency trader, how is this Tuesday treating you?
I am hoping you had a great Full Moon day yesterday...
Please, allow me to ask you a few questions related to Bitcoin, reply in the comments with your thoughts.
The Crypto Fear & Greed Index is now set at Extreme Fear (1), it has been like this for weeks.