BTC, touching new ATH soon? Bear market over?Hello traders,
this is a detailed analysis of bitcoin. some important levels and patterns that might help you to know where it can go.
BTC is very beautifully respecting the levels and hoping it to respect them further.
last time bitcoin fell around 53% and the same correction was being done again.
history can repeat and maybe it can start it's bull run again. (45K is important level)
there could be a high chance that BTC can start the bull run from here (unless there is not some news pressuring it).
One can start accumulate some altcoins which are good for long term.
don't invest full at one spot. divide your money in 4 parts. you can add 2 part now and rest can add on breakout (45k) or if dip comes.
45k is important level for bitcoin. if it breaks with strong green candle than there are chances it can touch ATH (All Time High).
more info and levels mentioned in the chart.
don't forget to like and share. it motivates me to post more super setups like this.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
Falling Wedge
BIOCON - Trade after Breakout.Dear Traders,
As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill will take trade during Retest.
So, This stock is good for 1 to 2 moth holding.
CAUTION : Please check Bank nifty and Nifty Charts before Taking any trades. As if they will act bearish our stock may too.
Happy Trading Guys. And like if you like the Content.
Voltas || 4 Inflection Points Spotted || RR 1:3The Trade is based on the following observations :
~ Testing the same key zone level multiple times.
~ Potential consolidation formation.
~ Sellers have very low volume.
~ Retest candle is like a Bullish Engulfing pattern.
~ Summer Season + Real Estate Cyclicality Proxy Play.
~ RR > 1:3.0
The chances of trade playing out are 70 % (premium members are already triggered) DO NOT MISS!
JSW STELL BREAKOUT and H&S PATTERNHello guys hope you are doing good today, in yesterdays post I asked you guys to short TECHM and it ave a good profit in nitraday as it fell more than 40 points and target 2 was hit. Same case with WIPRO, all I.T stocks looking weak.
Now speaking of this script that is jswsteel I see that there has been a breakout with good volumes, this once tries to give a breakout few days ago but failed.
Now it has given a breakout above the counter trendline with good volumes
An inverted head and shoulders pattern is also seen here.
Buy above - 689
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 be appreciated even if it's of opposite view as a trader can also be right so many times.
Falling Wedge Pattern Breakout in JSWSTEELOn Daily TimeFrame, JSWSTEEL given breakout of falling wedge pattern. After this breakout it indicates some retracement upto breakout level in last 2 days trading session. Expected it will reversal from this level and continue it's breakout rally towards the projected target 725 and 775+ in upcoming trading sessions. Can Go long above 670 for this targets.
🎯 PATTERNS WITHIN A PATTERN 📊NSE:HINDCOPPER
🔴Pattern 1 - FALLING WEDGE
🔴Inside the "Falling wedge" pattern we can identify 2 continuous "W patterns"
🔴Both the Wedge and W pattern 2 needs to give a break out so that this script may have a good probability to become bullish in near future.
🔴BUY ONLY AFTER THE BREAK OUT HAPPENS. BETTER TO BE BUYING AT PULLBACK.
🔴BUY LEVEL - 132
🔴TARGET 1 - 152
🔴TARGET 2 - 170
🔴STOP LOSS - 120
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
MMTC [falling wedge chart pattern ]my holding stock
A falling wedge chart pattern is known as a continuation and reversal pattern.
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
I am study of price action so this my study , any mistake in study of review on this stock .please clear my study mistake ..
thanks
NIfty Short, Formation of evening star near to resistanceIn 1 hour chart of nifty, there is formation of evening star near to trendline support. Also there is bearish wedge pattern formation in 1 hour time frame which indicated possibility of trendline breakdown. Nifty can be shorted with SL of 17639 for the targets of 17000 (target 1) and 16700 (target 2). NSE:NIFTY
BITCOIN FALLING WEDGE PATTERN BITSTAMP:BTCUSD is currently consolidating in a falling wedge pattern (hourly tf) after a steep drop. look to enter after close of breakout.
Targets are open. Hold till momentum lasts. However there is good resistance it may face. (marked on the chart)
A breakdown may also follow, continuing the bearish momentum.
FIRST CRYPTO ANALYSIS.
BTC with a lack of volumeBTC retested the diagonal support but with a lack of volume (check the last green candle though)
I'm looking forward to how this will play out, but it's not a good sign imo.
It could hint on some more downside before potentially going up. I'm personally still bearish on the lower timeframes (including the 4h). That's why I'm also shorting this one. Doesn't matter how one would look at it, bearflag or falling wedge, bearish or bullish, but this indicates nothing good imo.