#Bitcoin Update on 10.07.2024#Bitcoin Update on 10.07.2024
A.O.A And Good Morning To All Brothers and Sisters!
#Bitcoin Reached Out Second Resistance(Arrow#2). And Just With One Candle Broked The Resistance, Retest The Yellow Line(Arrow#3) and Break The Support Line. But As We Can See The Volume Was Not Soo Much. And It Take 5 Days To Retest And Thats Not a Good Signal For Bulls.
Now Next Step Is To Retest The Resistance(Arrow#2). Then We Have The Confirmation for This Trend Reversal or Retracement. At This Point We Need Also The Good Volume.
On #Alts Soon when I have Confirmation of Retest then Start Sending The Signals. So Keep In Touch and active You Notifications.
Wish You all Very Nice Day.
Gann
#Bitcoin Update on 09.07.2024#Bitcoin Update on 09.07.2024
A.O.A And Good Morning to All Brothers and Sisters!
#Bitcoin Still Not Have Any Direction. Price Continue In Range And Try To Reach The Resistance but Without any Success.
There Are Some Mix Signals. Price Is Under Then Support but Near To Supports. And Till We Dont Have Any Confirmation or Breakout Is Difficult to Say Something for #Altcoins.
Take In Mind The Arrow#1,#2 and I Am Still Waiting When I Have Any Confirmation then I will Update The Situation of #Bitcoin and #Altcoins. Insha Allah
I wish You All A Very Nice Day.
NIFTY 50 GANN ANALYSIS FOR JULY 2024 MONTHLY EXPIRYNifty 50 index is hitting Highers Highs after 26 Oct 2023 lows at regular intervals with the low coming in at 16828.35. Actual swing low was 17 June 2023 at 15183. From there we got a 6 month Top at 18887.60 on 1 Dec 2022. There after we got a 3 month correction to 16828.35 on 20 March 2023. Next was a 4 month Top at 19991.85 on 20 July 2023. Next was a correction of 3 months at 18837.85 at 26 Oct 2023 Lows. There was an intermitent Top at 20222.45 which was a bull trap in cycle theory just 300 points above the old top called "Lost Motion " in Gann Theory.
Next Top came in at 23338.70 a 7 month and 7 days Top on 03 June 2024. We had a mini crash in 1 day correcting the cycle back to 6 months Lows. After that has been a smooth ride to ATH forming at 24401 on 04 July 2024. 24100 was the Price squaring Level with 300 points Lost motion seen. Current High squares the recent low of June 04. 25500 is Time resistance for July 2024 expiry.
Happy Trading !!!
#Bitcoin Update on 08.07.2024.#Bitcoin Update on 08.07.2024
A.O.A And Good Morning To All Brothers and Sisters!!
#Bitcoin Pumped Again On Monday. And This Is The same Copy Paste Movement Like Last Week.
First price Dropped Before Touching Second Resistance. Break The Support and Then Fake Pump Till Second Resistance and Boom Dropped Down.
Till Now Price Reacts Same. So We Have To Pay Attention. Maybe This Pump Is patent. But Confirmation Comes Just When Price Today Break And Retest The Second Resistance Line.
Many #ALTCOINS Pump Today but I Prefer To Have More Confirmations. And Confirmation Gives us Just After Closing Today's Candle.
Again I Ask All To Be Patient. Is Better Losing Some Profit Then Taking entry in Fake Pump And Losing Money Again In Stoploss..
Wish You All A Very Nice Day.
SELL BTCUSD 57000, SL 57550, TGT- 53500My Dear followers,
i am very happy that all of you are supporting my Post (call), and also following to me. i am very happy to see this. please also comments me in the chat box and i can feel that and get energy and i can analyse better and better.
Now as i given last 2 post that price hit that Target. as usual i following same paint of Fib. Retracement 63740 to 53640 in 1H chart or 4H chart. i have already given target at 0.50%, and there was block order and it's also respect that point and comes down at my last target at 56200, today morning price broke that point because there was no Block Order it's was only a liquidity area and now price is running at 55650 and trying to go up at 57000 and there is also Block Order and price will come down at 53500 and jackpot is that it will breakable and will go at 52000, if can hold 25% of your lot size than you will get more profit. i get trade 0.01 lot size in OctaFx Copy trading.
Thanks, please at least comments of say thanks at least to me. bro..................
BANK NIFTY DAILY CHART GANN ANALYSIS FOR JULY 2024 EXPIRYBank Nifty has been moving up on the daily chart from 26 Oct 2023 lows of 42105 and we ar on a song till date. Chart shows various important price cycle points and price action action formed therein. Looking holistically on the charts shows the price cycle completion at 54233. supports at 51900. Drop below 51900 could be corrective both possibilties seen timewise correction could be shallow and pricewise correction could be deep.Using the levels will keep us on the right side of the markets. Speculation is a profitable business if you know the price cycle points in advance. Further you need the discipline to follow the levels and you are way ahead of the crowds and laughing to the banks. Time cycle point coming in at 4 th week of July 2024 (21 to 28 July ) would be interesting to watch.
Happy Trading !!!
Go SHORT on NaturalGas FuturesEnter at CMP - 195.6-195.0 (Jul'24 contract), with SL - 209.6 and Target1-182, Target2-156.6 & Target3-150.6. Post achieving Target3, risk takers can book half and target Final - 135, by moving SL to 159.6. If my prediction is right, it should take Target3 by 18th Jul'24 or can go till 24th Jul. July contract expiry is 26th Jul.
#Bitcoin Analysis on 07.07.2024#Bitcoin Analysis on 07.07.2024
A.O.A And Good Morning to All Brothers and Sisters!.
#Bitcoin Yesterday make A Good Jump But Not Enogh and With Very Low Volume. It Break The First Resistance but doesn't Reached The Second One and Now Soon Is Near To Close a Candle under The First Resistance and Under The upper Line Of Our Yellow Zone. These Two Moves Are Not Soo Healthy.
Maybe It Comes Down To Make a Low And Then Pump Again. But We Are Still Too early to Open The Buy Trades on #Alts.
My Suggestion is To Wait Till Price Break And Retest The Second Resistance. And Then We Can Look For A Entries.
Again Enjoy the Sunday And I will Update The Chart today's Evening. Insha Allah.
Wish You All very Nice Day.
#Bitcoin Update on 06.07.2024#Bitcoin Update on 06.07.2024
A.O.A and Good Morning to All Brothers and Sisters!
#Bicoin Continue Downtrend but Yesterday Daily Candle is Closed Very Positive. Upper then our Key Level 56221. If It Remain Upper this point. Then we have a Couple of good Confirmation For trend Reversal. First is The 56221 and Second is, We Are Going to Leave Vertical Blue area. This Area Means Time Cycle. And According to time Cycle last low Is Patent.
Today is Saturday and As Usual the Volume is Very low. And There are two Lines FRD.4H is Also Our Local Support and Resistance For Weekend. But The Main Resistance and Supports are the Diagonal Lines.
I Suggest to Relax And Stay Away From Chart at Least On Day in Week. That Is a Part of Trading. To Refresh You Point to View The Charts.
Wish you All very Nice Weekend.
#Bitcoin Update on 04.07.2024#Bitcoin Update on 04.07.2024
A.O.A And Good Morning to All Brother and Sisters!
#Bitcoin Continue the Rally Down Side. As I Mentioned Yesterday if Bitcoin Break The Yellow Line Then We Can Drop More. And Price Continue Dropping. Now Price Sit On Very Important Point 57677 is Second Yellow Line (Arrow#1) Daily Reversal Point, Daily Important Support Zone(black Area). And Price Can Reverse From Here or At Least Can Retrace a Bit From here.
But if Price Drop Without Any Stop, Then It Will Be Hard Bearish Signal. Another Chance of Reversing is Blue Line KJN.W(56221). And If Price Continue Dropping again after That Point then 54k (Arrow#3) and 50k(Arrow#4) Is Secure..
Now I Will Send In Next Chart The Support and Resistance on 4H. And We Wait For Reversal. If Confirm We Can Open Buy Trades On #Alts. But If Break then We Can Try Some Sell Trades.
I Wish You All Vey Nice Day.
#Bitcoin Update on 04.07.2024#Bitcoin Update on 04.07.2024
A.O.A And Good Morning to All Brother and Sisters!
#Bitcoin Continue the Rally Down Side. As I Mentioned Yesterday if Bitcoin Break The Yellow Line Then We Can Drop More. And Price Continue Dropping. Now Price Sit On Very Important Point 57677 is Second Yellow Line (Arrow#1) Daily Reversal Point, Daily Important Support Zone(black Area). And Price Can Reverse From Here or At Least Can Retrace a Bit From here.
But if Price Drop Without Any Stop, Then It Will Be Hard Bearish Signal. Another Chance of Reversing is Blue Line KJN.W(56221). And If Price Continue Dropping again after That Point then 54k (Arrow#3) and 50k(Arrow#4) Is Secure..
Now I Will Send In Next Chart The Support and Resistance on 4H. And We Wait For Reversal. If Confirm We Can Open Buy Trades On #Alts. But If Break then We Can Try Some Sell Trades.
I Wish You All Vey Nice Day.
BANK NIFTY MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
#Bitcoin Update on 03.07.2024#Bitcoin Update on 03.07.2024
A.O.A And Good Morning to all Brothers and Sisters!
#Bitcoin Touched Our Arrow#3 just Now. According To Yesterday Analysis #Bitcoin Reached both Targets.
Now Is Very Crucial Point. If #Bitcoin bounce Back From Here then We Are Still Bullish. But Agian If Price Drop From These Two Yellow Lines Then We Can See 50k.
My Suggestion?? Again The Same Like Yesterday. Wait Till Daily Candle Close. Then We Can Have a Confirmation of Direction and We Can Open Buy Or Sell Trades On #Altcoins.
Wish You All Very Nice Day
BUY BTCUSD 62750, SL 62500, TGT-63600Hello traders,
as bitcoin took a support 62500, and in 5m & 15m chart its made a higher high and lower high form and i also found in 30m chart a first dozi and second a bullish engulfing candle form and after 3rd a green candle form. its totally look like a bullish
so, BUY BTCUSD 62750, SL 62500, TGT-63600
#Bitcoin Update on 02.07.2024#Bitcoin Update on 02.07.2024
A.O.A and Good Morning to All Brothers and Sisters!
According to My Last Analysis Yesterday Bitcoin was Not Successful to Break Our Blue Black Area and Rejected from Our Second Resistance(Arrow#1). Now Price is Going Down To Our First Resistance that is Now Support(ARROW#2). If Bounce Back From there Then We Can See Another Jump Upper Side. But if Break the Support then THE next Support will be the Yellow Line .
We Still Dont Have Any Confirmation on Direction. So IMO no Trades On #ALTS. MARKET IS a Bit Boring. I Prefer to Stay Away Even Losing Money In Stoplosses.
I Wish You All Very Nice Day
#Bitcoin Update on 01.07.2024#Bitcoin Update on 01.07.2024
A.O.A And Good Morning To All Brother and Sisters
#Bitcoin looks Like In Good Power. But Just Now We Are On Important Resistance. Here We Have Resistance of Last Wave, Daily and 4H Resistance. If #Bitcoin Break This Point then We can See A Good Rally. Next Resistance after This Is 64600(Yellow Area).
#ALTCOINS? for Me Its Too Early for Opening Buy Trades. As I Mentioned in My Last Analysis. I Wait Today's Candle Close, Then Look For New Buy Trades.
I Wish you All very Nice Day.
#Bitcoin Update on 30.06.2024#Bitcoin Update on 30.06.2024
A.O.A And Good Evening To All Brothers and Sisters.
#Bitcoin is again to to Attack our Last Resistence. and Thats again a Confirmation that we are in mid Term in Range. There is Not a lot of Volume to Confirm This Move.
and Real Move we can See tommorow Evening.
i Suggest to Wait With your Buy Trades and tight Stoplosses on all your buy Trades.
I see most Probelties that price can Drop. But As We Know Bitcoin can surprise.
Another Important Thing is Today Will Close the Monthly and Weekly Candle Both. And From Tommorow we can see more volatilty.
I Wish you all Very Nice Evening.
Bitcoin Update on 28.06.2024Bitcoin Update on 28.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
Bitcoin Continue Play With Our Supports And Resistance. But There Is a Compression Setup At The Moment. With Lower High And Higher Lowes. And This Setup Can Break Bullish. We Have just To Have More Patience.
If It Break Bullish then On Weekend We Can Have a Good Rally For #Altcoins.
According to This No Main Charging. We have Just To Wait.
I Wish you All Very Nice Day