#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.
Gann
#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
#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.