#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
Gann
#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
#Bitcoin Update on 27.06.2024#Bitcoin Update on 27.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
#Bitcoin Continue The Range Under the Resistance line. We Are Still In Bearish/Range. No Bullish Sign Till Now.
The Analysis Remain On Same Point Like Yesterday's Post.
Resistance and Supports Remain Also The Same.
I Wish You All Very Nice Day
Bitcoin Update on 25.06.2024Bitcoin Update on 25.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
Yesterday Bitcoin Dumped Again After i Sent New Supports and Resistance.
Here we Have New Support and Resistance. And Last 4 Candles tried To Break The Resistance but without Success.
We Are Still Upper Then Second Yellow Line and that means Is Not Confirmed the Downtrend. Actuel Candle Now Try To Break the upper Yellow Line. And If We Close Upper Then That line Daily candle. Then We Can Start Agin With Buy Trades. I suggest to wait till Price break Second Blue Line. Then I Start Giving Buy Signals In Gruop Insha Allah
I wish You all Very Nice Day
NIFTY - A downfall is anticipated, Strongly…!The market rebounded from e- day crash but there is still a room for further correction as mentioned before, the market is expected to test its 50% Ret where the drawn extended T.Line also coincides ( @21,090 level s).
The month of june is expected to have a negative close but holding up of 22,455 becomes mandatory.
(i.e only in monthly charts & not in any higher timeframe charts)
P.S:
1. the supports for the fore coming downtrend will be @ 22,350 & 21,790
Any further collapse will lead to the aforementioned levels.
Trade accordingly.
DOW JONES HOURLY VIBRATIONS RUN UP CHART FOR 25 JUNE 2024...Dow Jones has achieved a important target of 39600 as seen on chart. The recent moves on the index can be seen by the price path drawn on chart. In Gann method you need to measure the vibrations. If you are aware of the sections of the markets you can take calculated risk trades and be an succesful trader. Follow the System and Follow the Path is the Mantra for Success.
Happy Trading !!!
DOW JONES GANN MASTER FORECASTING CYCLE UPDATED JUNE 2024....Dow Jones Industrial Average W D Gann Master Forecasting Cycle Chart is updated for June 2024. We are moving at 11 x 12 Latitude and Longitude as W D Gann had mentioned in his writing. Next year becomes very interesting and historic for the Dow Jones Index Average. The real Gann Secret is the Vibrating factor of the individual security or the index you want to trade. Once you have it you become the Master and You can Tame the Beast.
Curent Price Vibration of 39600 become very critical for the Dow Jones Index.
We got an important Time Cycle Top at Time Cycle Point of Jan 2020.
Next Important Time Cycle Point come in July 2026.
Price Cycle Points to watch ahead is 41400 and 43200.
Happy Trading !!!
BANKNIFTY GANN MASTER FORECASTING CYCLE UPDATE JUNE 2024 EXPIRYW D Gann's Master Forecasting Cycle for BankNifty is depicted on the Monthly chart.The important cycle date was June 2023 where we hit nearly the 45000 on the index the high was 44787.10 missing it by 212.90 points. The chart shows the Wheel within Wheel concept to zoom in within the cycle. The important month timewise is Sept 2024. We had a cluster time cycle in April/May 2024 with Oct 2023 was the Birthzone of the Wheel within Wheel Cycle. time is important in Gann analysis and we got the proof of it in Oct 2023. Price Cycle shows the important Price hit at 48600 with the high coming in it at 48636.35 in Dec 2023. the Lows of Oct 2023 came in at the important geometrical level of 43200. As per the price cycle vibrations we need to cross the 52200 important level. The Price cycle point is the first section of growth of the new extended cycle from Lows of March 2020.
To conclude we need to remember Price Cycle Point of 52200 and time cycle Point of Sept 2024.
Happy Trading !!!
Bitcoin Update on 24.06.2024Bitcoin Update on 24.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
Bitcoin Dropped After breaking my Support and Now Blocked Exactly from Our Yellow Line(Arrow#6).
Real Trend Start From Here now. The Yellow Line is Broked with Huge Volume. And That means This Breakout can Be Patent. And As I Said in My Last Analysis Breakout of This Line And Retest Bring The Bitcoin At 50k too. So Hopefully price can Reverse from here. And We can See A Good Bullish Trend from here.
Otherwise Get Ready For Sell Trades. Now I Wait Confirmation of Today Candle And Then We Decide What to do.
I wish You all Ver Nice Day.
#Bitcoin Update on 22.06.2024#Bitcoin Update on 22.06.2024
A.O.A And Good Morning to All Brothers and Sisters
Yesterday daily Candle Is Closed Under Zthe Yellow Area And Today Price is Back To Retest it. Till Now we Have All Confirmation for A Downtrend. 64149 is The Mian Point. If Today's Candle Close under that Level. Then Breakout is Confirmed. But if Today's candle Is Close Upper that Level or Even In Yellow Area. Then this Will Be a Fake Breakout.
I Mentioned in Chart New Support and Resistance. These can Help Us With Direction.
Saturday is Also Very Low Volume. So I think The Confirmation We Can Have Just on Sunday.
Again I Suggest to Relax On Weekend. Stay away From Charts For At Least One Day. And zwe See again Tommorow for Next Move Insha Allah.
I Wish You All Very Nice Weekend.
#Bitcoin Long Term Analysis on Weekly Time Frame According to My Analysis Bitcoin Is Still Bullish Area Until it Don't Cross the Two Yellow Lines. And If Bitcoin Break These Two Lines Then For Me Next Target can Be also 50K. And Exactly for That Reason I Dont Suggest any Buy Trade or Any New Buy Signal In Gruop.
And One Important Lesson of Trading What I Learned is,
Trading Doesn't Mean That You Have Allays Opened a Trades. Trading is Also Waiting For The Right Moment to Enter In trade. So This Waiting Time What We Are Passing now is Also The Part Of Trading.
Be Patience and Dont Lose Your Money In Stoplosses.
Bitcoin Update on 21.06.2024Bitcoin Update on 21.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
#Bitcoin Yesterday Dropped Down After Breaking our Support on 4H TF. And Now Is Blocked by upper side of Blue Area. But the Important thing is The Yellow Area. Price Broked on 4H but on Daily is Still Not Confirmed. If Bitcoin Lose Yellow Area then We Can see A Long Downtrend.
Now My Suggestion is to Wait the Confirmation. And Then We Look For Sell or Buy Trades.
I Wish you all a Very Nice Day.
W D Gann ( Speed & Time, Price) I have made efforts in Explaining how WD Gann might have calculated or How we look in to it
most of his teachings we did not get it right , but we took different path to understand it
I hope this video will give an understanding the Market in the way W D Gann lines works
Thanks
BhartiairtelIn this Stock i am showing you How Time cycle works and have impact on Price. This stock is following 23 bar time cycle, upon inspecting you can see historically i have marked dates and upon particular date +- 2days we see impact breaking and closing of particular date of Time cycle. which gives good move one sided. Education purpose only not a Reco...
#Bitcoin Update On 20.06.2024#Bitcoin Update On 20.06.2024
Finally Some Good Jump with Amazing Candle. And Bitcoin Create a N Wave Exactly on The Bottam of Our Yellow Area.
Whats Next??
If #Bitcoin Break the Second Resistance too. Then We Start Opening the buy Trades. My sell Trade Yesterday hit Stoploss too. And That Can Be a Postive Signal Too.
Now I just Wait the Breakout of Second Resistance then i will Update For Alts Insha Allah.
Wish You all Very Nice Day
#Bitcoin Update on 19.06.2024One Good News Finally, Daily candle Closed Yesterday in Our Yellow Area. And Now Price is Moving Positive Till Now On 4H. Here we Have The Support And Resistance. We Have To Turn The Trend At Least on 4H time Frame. And Then Insha Allah we Will Open Some Altcoins Trades. But Dont Hurry to Open Too Early Trades on Altcoins. Becuase Better Losing Some Profit then Hitting Again The Stoploss.
I wish You All very Nice Day