Gann
#Bitcoin Update On Sunday 28.07.2024A.O.A And Good Evening to All Brothers and Sisters!
#Bitcoin Moved Around Our Last Week Closing Range. Yesterday Its Broked The Resistance upper Side But The Next candle Rentered agian. Now We Break Again This Range. And If Confirm then We can Continue Our Bullish Move.
#Alts are Performing Very Good And We Continue Add Coins In Our Signal list. But Real Move We Can Confirm after Tomorrow Evening Candle Close on 4H.
I Wish You All Very Nice Evening
Buy Trade Idea for BCH (Bitcoin Cash) - Capitalizing on SolidDescription
Bitcoin Cash (BCH) is a prominent cryptocurrency known for its scalability and transaction efficiency. Here are the key fundamentals that support a buy trade for BCH:High Transaction Speed and Low Fees: Bitcoin Cash was created to address Bitcoin’s scalability issues, offering faster transaction times and lower fees, which makes it suitable for everyday transactions.Large Block Size: With an increased block size, BCH can handle more transactions per block, reducing congestion and ensuring smoother network operations.Widespread Adoption: BCH has been widely adopted by merchants and service providers, enhancing its utility as a digital currency for payments.Active Development Community: The ongoing development and upgrades by a dedicated community ensure that Bitcoin Cash remains competitive and adaptable to market needs.These strong fundamentals make BCH an attractive investment opportunity, offering both utility and potential for growth in the cryptocurrency market.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
#Bitcoin update on Saturday 27.07.2024.#Bitcoin update on Saturday 27.07.2024
A.O.A and Good Morning to Brothers and Sisters
#Bitcoin Moved Perfectly how I mentioned Yesterday in My Analysis. Allhamdollilah. Now Both Resistance are Broked.(Blue Area and Old All time High).
What's Next Now??
If Price Confirm This Move Then there is Another Blue Area. And I mentioned all The Resistance Point on Chart. Arrow#1,#2,#3.
#ALTS
Are Moving Perfectly and All Our Signals Growing up. And On The Way I send New Signals and Analysis.
I Wish You All Very Nice Weekend
Buy Trade Idea for WEN (WeNetwork) - Capitalizing on Innovative Description
WeNetwork (WEN) is emerging as a significant player in the cryptocurrency space, backed by solid fundamentals and innovative solutions. Key aspects of WEN include:Innovative Consensus Mechanism: WEN utilizes a novel consensus algorithm designed to enhance transaction speed and scalability, making it capable of handling a large volume of transactions efficiently.Robust Security Features: The platform incorporates advanced security measures to ensure the integrity and safety of transactions, making it a trustworthy choice for developers and users alike.Expanding Ecosystem: WEN is witnessing growing adoption, with numerous decentralized applications (dApps) and strategic partnerships being developed on its platform. This expansion is driving its utility and value.Low Transaction Fees: The network's architecture ensures minimal transaction costs, making it an appealing option for both small and large-scale operations.Given these strong fundamentals, WEN presents a compelling buy opportunity for investors looking to leverage its potential for growth and market adoption.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Buy Trade Idea for #NPC (New Protocol Coin) Description
#NPC (New Protocol Coin) is attracting interest in the cryptocurrency market due to its strong fundamentals and innovative features. Key aspects of NPC include:Advanced Security: NPC employs a cutting-edge security framework that ensures transaction integrity and protects against various attack vectors, making it a reliable choice for users and developers.Efficient Consensus Algorithm: The protocol utilizes a highly efficient consensus mechanism, enhancing transaction speed and scalability, which allows the network to handle a high throughput of transactions.Growing Adoption: NPC is experiencing increasing adoption across multiple sectors, with numerous decentralized applications (dApps) being built on its platform. This growth is further supported by strategic partnerships and a strong developer community.Low Transaction Costs: The network’s architecture ensures minimal transaction fees, making it an attractive option for both small and large-scale transactions.Given these robust fundamentals, NPC presents a compelling buy opportunity for investors looking to capitalize on its potential growth and market adoption.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Buy Trade Idea for JITO (Jito) - Harnessing Potential Description
Jito (JITO) is emerging as a noteworthy cryptocurrency within the blockchain ecosystem, aiming to provide unique solutions to scalability and transaction speed issues. Here are the key fundamentals supporting Jito:
- **Innovative Consensus Mechanism:** Jito employs a cutting-edge consensus algorithm designed to improve transaction throughput and reduce latency, positioning it as a viable alternative to traditional blockchains.
- **Scalability and Efficiency:** With its advanced protocol, Jito can handle a high volume of transactions, making it suitable for various high-demand applications.
- **Growing Ecosystem:** The Jito network is witnessing increased adoption with the development of decentralized applications (dApps) and partnerships, enhancing its overall utility and value proposition.
Investors might consider a buy trade for JITO based on these strong fundamentals, which suggest potential growth and adoption in the blockchain space.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
#ORCA Buy Trade Idea: Harnessing the Power of DeFi on SolanaDescription
Orca (ORCA) offers an attractive buy opportunity based on its robust fundamentals. As a leading decentralized exchange (DEX) built on the Solana blockchain, Orca provides users with fast, cost-effective, and user-friendly trading experiences. Its key features include:High-Speed Transactions: Leveraging Solana's high throughput, Orca ensures rapid transaction processing, significantly enhancing user experience.Low Fees: With Solana's low transaction costs, Orca users benefit from minimal fees, making it an economical choice for traders.Intuitive Interface: Orca's user-friendly design caters to both novice and experienced traders, promoting broader adoption.DeFi Integration: Orca seamlessly integrates with Solana's growing DeFi ecosystem, offering access to a wide range of decentralized financial services.These strengths position Orca as a promising player in the DeFi space, poised for substantial growth and adoption.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
NESTLE INDIA GANN ANALYSIS MONTHLY CHART 27 JULY 2024Nestle india stock formed a ATH at 2773.30 as per price cycle on charts actual high may differ. The high was made in forty months. Price Cycle value of 2656 has been the resistance for last 6 months. Time cycle wise we have critical3 months ahead. Price of 2538.65 needs to be sustained for ensuing price action on the stock for further momentum. Price drop below 2392 will make it shaky in the new price cycle of 2300.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
MARITI SUZUKI GANN ANALYSIS ON DAILY CHART 27 JULY 2024Maruti stock has hit high at gann level of 13300. it has three fourth of section to make low at 12400. 12700 level is very important for trend decision. Earlier panic bottom was bottom at 11700 levels which took support on earlier highs of Feb and Mar 2024. Price cycle grows above 12100 levels with supports at 11950. below it we may see decent correction if sustained. Use the level of 12700 for short term trading to your advantage. Use other leevls given for trend following.
Happy Trading !!!
N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
NIFTY MNC INDEX GANN ANALYSIS 27 JULY 2024Nifty MNC Index has hit a high at important level of 31300 on 10 July 2024 9:00 am candle. Thereafter we saw a correction to the price of 29800 on charts. From there we are bouncing back to important level of 30925. e saw consolidation between the levels of 30475 and 30700.index needs to sustain above the level of 30925 for further growth and attempt the earlier highs. Downside level to be watched at 30475. Major Price Cycle Level to watch is 29800.
Happy Trading !!!
N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
Bitcoin Update on Friday 26.07.2024.Bitcoin Update on Friday 26.07.2024.
A.O.A And Good Morning To All Brothers and Sisters!
#Bitcoin After Completing the Retracement on our Supports and Resistances Bounced Back Perfectly. And Now Broked The Resistence on 4H. And Just Rejected from the Daily Resistance(Black Line).
I think The Opening of US Market Can Puch More The Price and Maybe We Can start Printing again New Highs. On The Way We Have The Resistance Blue Area. And Old All Time High.
#Alts are Doing also Good. We Have Reopend Again The Last Trades On Entry Levels. I will Continue Sending new Signals after Confirmation of Uptrend. Insha Allah
I Wish You All Very Nice Day
HDFC BANK GANN ANALYSIS HOW TO TRADE IT NOW ON 26 JULY 2024HDFC Bank has taken ressitance at the level of 1771 seen on charts. It started its recovery journey with swing low at 1433 on chart. Actual high and low will differ due to lost motion. momentum seen above 1640.95. Below this cetre of gravity seen at 1537. Moentum level on downside seen at 1433. As per Gann Analysis consolidation seen between 1640.95 and 1433. Any move below 1433 does not auger well for the stock. Momentum buyers can look to buy on cross of 1640.95 level.
Happy Trading !!!
N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
BANK NIFTY PRICE MOVEMENT WITH GUIDANCE OF MINOR CYCLES...Bank Nifty has a Major Level coming at 50700. Minor Cycle levels within are shown on chart. These levels form the short term movement for the Index. Yesterday price action could be not better example than possible. The Gann Theory comprises of Major Cycles, Minor Cycles and Minute Cycles..which represent the Monthly, Weekly and Daily Cycles.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
IEX Date 25.07.2024
IEX
Time frame : Day chart
Remarks : The stock formed long broadening wedge formation & now has reached a make or break resistance confluence of gann angle & support/resistance band. This is very significant area technically, fundamentally the stock has out performed & continues growth power demand is positive for the stock.
Quarterly Result IEX
IEX: Q1 CONS NET PROFIT 964.4M RUPEES VS 758M (YOY)
IEX: Q1 REVENUE 1.24B RUPEES VS 1.04B (YOY)
IEX: Q1 EBITDA 1.03B RUPEES VS 831.7M (YOY) || Q1 EBITDA MARGIN 83.3% VS 79.9% (YOY)
Hence, breakout from here will ride strong momentum
Regards,
Ankur
AXIS BANK POST RESULTS HOW TO TRADE IT 25 JULY 2024Axis Bank has completed one price cycle from the double bottoms at cycle point of 1128.45 on 5th June 2024 and hit targets at 1327.60 on 12 July 2024 nearly 200 points in 37 days run up. It recently announced its results and been correcting the price cycle rise currently. The stock has support around levels of 1219.75 below it may go in consolidating mode with major supports around the levels of 1169.95 with intermediate supports around the levels of 1194.85. Pullbacks on the stocks need to be watched around levels of 1294.40 above which we may see strong recovery. Squaring price on downside could be around 1172.20. Below 1169.95 we may see major correction in the correction. Above levels can be used to trade till August expiry.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
#Bitcoin Update on Wednesday 24.07.2024.#Bitcoin Update on Wednesday 24.07.2024.
A.O.A And Good Morning to All Brothers and Sisters!
#Bitcoin Continue Retracement and Broked Our First Support Line Arrow#3. And Continue Dropping Down. As I Mentioned in My Last Analysis if The First Support is Broked Then We Are Going to Touch the Second One. But Till Now We Are Supported By Yellow Line Upper Then Strong Support(64854).
I My Openion Price Can Drop More and Retest again 64854 before reverse. Thats Why I suggest to Wait For Buy Trades.
#ALTS No New Buy trades and tight Stoplosses on You Open Trades. Don't Levarage Trades in This Situation and If You are In Profit Put Your Stoploss on Breakeven.
I Wish You All Very Nice Day.
EURUSDEUR/USD 4-Hour Analysis: Bearish Continuation with Retest Strategy
Chart Overview:
This EUR/USD 4-hour chart analysis highlights a bearish continuation pattern with a potential retest strategy. The analysis marks critical support and resistance zones, along with key price action areas, indicating potential price movements.
Key Points:
Trend Analysis:
The chart shows a recent bearish trend continuation after a significant drop from the previous highs.
The price has broken below a key support level, which has now turned into resistance.
Support and Resistance Levels:
Support: The next key support level to watch is around 1.0780.
Resistance: The broken support zone around 1.0870 is now acting as resistance (gray zone).
Bearish Continuation Signal:
The price has broken below the critical support level around 1.0870, indicating a strong bearish momentum.
The current price action suggests a potential retest of the broken support level, now acting as resistance, before continuing the bearish move.
Potential Price Path:
The analysis suggests a retest towards the new resistance zone around 1.0870, followed by a bearish continuation towards the next support level around 1.0780.
The projected price path is indicated by the downward arrow, showing the expected move after the retest.
Market Sentiment:
The sentiment is bearish given the strong break below the support level and the formation of lower highs and lower lows.
Traders should look for confirmation of the bearish continuation with lower highs (LH) and lower lows (LL) to validate the trend.
Trading Plan:
Look for selling opportunities on pullbacks towards the resistance zone around 1.0870.
Consider placing stop-losses just above the resistance level to manage risk.
Target the support level around 1.0780 for potential take-profits.
This analysis suggests a potential bearish continuation for EUR/USD, with selling opportunities on pullbacks towards the resistance zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.