Bitcoin Ready for $51000 or $31000 ?CRYPTOCAP:BTC Chart Analysis:
Bitcoin Bull Flag:
Chart pattern suggests bullish trend with targets of $48000-$52000.
However, #Bitcoin is heavily influenced by #BitcoinETF news, so caution is advised.
What to do?
If BTC/USDT holds above $41000, a bullish run to $48000-$51000 is possible.
But, a breakdown below $41000 could quickly lead to $31000.
Remember: Always trade with the trend and confirmations, never gamble.
#BULLRUN2024
Bullrun
Rising India VixIndia Vix was in range for a year and running between 12.50 to 13 so that there were stability in the market and market was in single up direction..
But since last few days India Vix Rising and which indicates that instability may rise in the market or market may start falling.... Big institutions and big player has started distributing their holdings....
stay cautious now....
ADA - next bullrun?🚀 Exciting Cardano BITFINEX:ADAUSD Update! 🌐📈
Hey Crypto Fam! 🌟
I've got some intriguing insights on Cardano's current chart dynamics. 📊✨ The price is about to complete an bullish contracting triangle. According to my primary analysis, I believe we might be in for a deeper C-wave, especially if the intraday low is breached and the price dips below $0.355. 📉
Why am I leaning towards the primary scenario? The same distance B extended above the starting point of the correction suggests that if C surpasses A, we could be looking at a 50% Fibonacci extension.
Alternatively, if (e) is already in play, breaking the $0.41 level could be a game-changer. 🎯
Happy trading! 🚀
GDX- BIG BULL OPPORTUNITY!GDX (VanEck Gold Miners ETF)
INVESTMENT CALL📈
Attached: Monthly Chart as of 7th April 2023
(Technical Analysis self explanatory as annotated✍️ in the Chart)
CMP= ~34
Upside Targets🎯:
T1= 40 +
T2= 60 +
T3= $100...
Stop Loss:
SL is Not Needed but just for the sake of it one can keep it below Last Month's (March) Candle Low so < 26.50
Upside Potential is almost 3x🚀 and that too in an ETF (not an individual stock)
With Risk⚠️ of just 25% at Max
The Risk Reward for this Investment is FABULOUS😮✅
And it is on the same thesis of the Bull Run in Gold & Silver 🥇🥈
..............................
Check out my Related Ideas for the Bullish Call that I had put out for Silver and how it met its Target
SILVER- Inverted Head and Shoulders Breakout BUY!Attached: XAGUSD Daily Chart as of 17th March 2023
Price closed up 4.20% on Friday with a Bullish Marubozu Candle
At the same time also triggering a Bullish Inverted Head & Shoulder Pattern Breakout
Action Plan as follows:
Buy triggered with Friday's Closing✅
Stop Loss⚠️ below 21.25
Upside Target🎯= 25 + (which is also the measured move of the IHNS Pattern)
Silver has to catch up📈 with Gold as the Precious Metals Bull Run unfolds amidst a Banking Crisis, High Inflation and Rising Interest Rates
Ethereum looks really bullish wooowHELLO dear Treaders :
After a very long time, ETH has reached the declining trend line that you can see in the chart and looks strongly bullish.
Since Nov 2021, when the bear market began and the price of bitcoin and others alt-coins started to drop from their all-time high, ETH price has hit this trend line, twice (as you can see in chart).
The first time, the price hit the decreasing trend line was at USD 3570, in Apr 2022 and the second time happened today at USD 1700.
In my opinion, ETH can reach higher prices after this bear market and in my point of view, there is a great opportunity to buy ETH at USD 1700 in spot (You can consider this buy position for your future trading but do not over leverage your positon!)
In daily time frame, ETH can break USD 1700 and start a new bull run.
The first ETH strong resistance line is around 2630/2650 and therefor until we reach that price point, do not over leverage your positions and be careful about future trading.
Bullish saucer pattern breakout in Arvind FashionHere's another chart I am sharing for educational purpose where I see a bullish breakout and a potential 30-40% gain.
Entry - CMP : 370
Target - 490
Duration - 3 months to 1 year
Stop Loss - Weekly closing below 330.
Kindly note that this is not a recommendation and only for educational purpose. Invest only after your due diligence.
Bull counter attack in Granules IndiaGranules India has maintained support of 340 price level after breakout.
As identified in chart, Bull has made counter attack the bear candle.
RSI is also increase by taking support of 60 levels,this shows stock is still in bullish momentum.
If volume is consider, current candle has above average volume.
Target of 395 can be achieved in upcoming days.
Traders are requested to do their own analysis before taking actual trade.
Happy Trading!!!
Mazdock - Monthly, Weekly, Daily time frame analysisRSI on Aug 29, 2022 - 85.63 / Closing price - 394.50
RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95
Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR.
If breaks the levels 594, next support @ 520/525 (11% roughly)
If holds the levels of 594/590, wait for next BO
INDIABULL HOUSING FINANCE LTD. ANALYSIS FOR SWING TRADEthis analysis is only for educational purpose, do your own research before investment or take advice from your financial advisor.
Wipro : RSI Bullish Divergence Let's understand the RSI Bullish Divergence before we take it into account.
RSI Bullish Divergence
Like all indicators,Divergence also fails sometimes, Success rate of RSI Bullish Divergence is 40-45% for Trade
RSI Bullish divergence will provide good accuracy in Daily Time Frame . As per my view avoid shorter time frame anything below 60 mins
RSI Bullish divergence is formed in Bearish Market or Bearish Price Structure ,It will hard to find in Bullish Market Trend or Bullish Market Structure
Let's decide whether this Bullish divergence of RSI will work for us or not
RSI Bullish Divergence Appeared on Bearish Price Structure - Looks Positive for Trade
Price has fallen almost high from 613 to low from 390- Looks Positive for Trade
Volume trend has been strong over the past few days - Looks Positive for Trade
Trade Set Up
Stop Loss Should be the recent low which is 390Rs (Lower Low Point)
Entry Point Should be the recent high which in 430 Rs (Lower High Point)
Target 480-490
Happy Trading ! Support Trading Community !