Gann
Solana Price Analysis: Will SOL Rally To $500 In Current BullRun#SOLANA/USDT Chart Analysis
HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend.
Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is likely to form around $50, which presents a great opportunity to accumulate SOLANA in large quantities.
Key Takeaways:
➡ The cup pattern is completed, and the handle pattern is in the works.
➡ The handle bottom could form around $50, presenting a prime buying opportunity.
➡ Once the handle pattern completes, a significant upward move is likely.
➡ Long-term targets are around $500 to $1000.
Price Levels:
➡ Strong Support: $84/$46
➡ Resistance: $200
Current Update: I initially highlighted this pattern when CRYPTOCAP:SOL was trading at $190, and now it's touched $116. If you booked profit at the top, well done!
Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrencies.
Bitcoin Update on 03.05.2024Bitcoin Update 03.05.2024
A.O.A And Good Morning To All Brothers And Sisters!
Bitcoin Bounced Back As Mentioned in My Yesterday Analysis. Now As I Said Before this Can Be Just A Retracement. And At The End of Today Bitcoin Can Reach Our Weekly Reversal Point.(Red Arrow Path)
Second Scenario:
Bitcoin Can Continue up To Liquidate All Seller And Then Back To Retest Our Weekly Area. But 60841 is Very Key Point And Thats Why I Put my Stoploss On sell Trade There. If Price Break That Level then Go Up. Otherwise Reverse Before Hitting Stoploss.
Lets Check Which Scenario Follow Bitcoin.
Wish you all Very Nice Day
Bitocin Update On 02.05.2024Bitcoin Update 02.05.2024
A.O.A and Good Morning to All Brothers and Sisters!
As Forecast Yesterday Bitcoin Dropped and Supported by Exactly our Yellow And Blue Area. And Just Bounced Back From Blue Area. Till Now Bitcoin Has No Direction. But Try To Break The Yellow Area. And Last 4H candle Retest Now. Price Can Grow Up And Touch The 4H Resistance but This Will Be Just Retracement. Not Trend Reversal.
But Trend Reversal is Not Considered till When Price Break the Diagonal Line(Arrow#5). Price Can Drop More And Touch our Second Reversal Point. According to This I Wait For Buy Trades on Alts.
I Wish You All A Very Nice And Patience Day.
NIFTY 50 GANN ANALYSIS WEEKLY EXPIRY 02 MAY 2024Nifty has made a ATH at 22783.35 on 30 Apr 2024. Index has a range to watch 22150 and 22900.
We are prodding the 22800 level with multiple attempts. We have mid seasonal date coming at 5 May 2024 which will be interesting to watch for the index. Level of 21800 was defended by bulls successfully in the past. Bears have been trapped many a times in recent times and may be looking for an opportunity window. We are in the 5th year from the low of March 2020. This year is the year of ascension in W. D. Gann theory so surprises on the upsides. Predicting the tops is not advisable for traders instead they should follow the market trend in general.
Intraday levels to watch are 22619 and 22591. Above 22619 if we gap up then 22662 is important level to watch. Above this level recovery is possible further ahead on the upside. Below 22591 we may see 22577 to 22549.
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.
Infosys projection for coming days(01-05-2024)I have analyzed the Infosys price based on Gann level. I have also included recent trend. Currently we are in downtrend and there is not even one Green candle is visible in weekly TF. So that make me little projection that it will go down till 1369. But I will be more vigilant and keep the stop loss.
Analysis is my passion & I am doing it for study purpose only. This is not recommendation.
Bitcoin Analysis on 01.05.2024Daily Bitcoin Analysis 01.05.2024
A.O.A And Good Morning to All Brothers and Sisters!
As Forecast Yesterday. We Have Created a New Low On Price Yesterday. And That Makes A Bit Changes. We Have Now a New Diagonal Line and Today We look The Chart On Daily Time Frame. Reason Is Monthly Candle is Closed under The Area(64850). And That A Bearish Signal, Even Actuall Candle Reverse and Eat All Last Month Candle.
On Chart You See Black area. Today's Candle Is Under That area And if Close Down Side Then We Have Another Bearish Confirmation.
According to These All Signals We Have More Chances To Drop Down Then Reverse The Trend.
Till 64000 Bitcoin Has Just Retracement. So Please Pay Attention On All You Buy Trades.
Wish You All A Very Nice Day.
ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update
XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future.
Breakout Point: $0.89 ✅
We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity.
Target: $2.50
This target is set based on the dimensions of the bull flag pattern, projecting substantial growth.
Stop Loss: $0.78
To manage risk effectively, a stop loss has been set just below the recent support level.
Bitvoin Update 30.04.2024Bitcoin Update 30.04.2024!
A.O.A and Good Morning to All Brothers and Sisters!
Yesterday Bitocin is Supported By Diagonal Line(Arrow#3). And Bounced Back. But Just Now Is Rejected By Important Resistance (64854).
We Are Very Near To Yellow Lines Too. And If We Reverse The Trend from Here. We Need Just Some Force To Break Them. Same time If Bitcoin is Rejected by These Yello Lines. Next Reversal Point(54142) Is Secure. Now We Have To Focus Arrow#3&2. And Breakout Of These Two Line Will Give Us The Direction.
Today Is Also FOMC and I think That Bring us A Huge Volatility. Please pay Attention To All Your Trades. Avoid to Open New Trades. And Wait Till We Have Closed At least Daily Candle Close.
I Wish You All Very Nice Day.
BANK NIFTY GANN VIEW FOR 30 MAY 2024 EXPIRYAfter hitting a early ATH at 48636 on 28 Dec 2023 the index has ben subdued with the outperformance by the Nifty 50. It fell to 44429 on 25 Jan 2024 a fall of 4000 points. then started the recovery in the index with higher low on 12 Feb 2024 at 44634 which was an excellent entry point for positional players. Another series of higher lows were seen at 45662 on 29 Feb 2024 and 45829 on 20 March 2024. Now Gann traders will now the importance of this date and price and act accordingly by buying the index positionally here at least. History repeats itself and you need to study the past data very critically. From there on till yesterday the index is making history with the ATH at 49473 on 29 Apr 2024. We got another higher low opportunity at 46579 on 19 Apr 2024. We are rewarded with nearly 2000 points run on the index in last 3 days from the low.
On charts 47738 low was important as this was an outside bar with opportunity to buy below 2 days low and closing of the gap between 48256 to 48478 showed the intentions of the index for further progress towards double tops. The pull back on 26 Apr 2024 was an eyewash as the close on the index was above the swing high of 06 Mar 2024. Yesterday saw a huge short covering with a gap above 48335 an important level on charts. We hit the targets of 49409 which is the most important level hereafter to continue the bull trend.
For weekly expiry today we can watch 49409 as our bias level. With the cluster support at 49170-49230 levels. Also we have cluster resistance at 49558-49647.
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
Bitcoin Update 29.04.2024A.O.A And Good Morning to All Brothers and Sisters!
As Expected Yesterday Weekly Candle Closed Under Our Yellow Area. And On Monthly TF We Have Just 2 days. If Price Reverse From Here Then Price Can Bounce Back. But if Close under Yellow Area. Then Second Reversal Point Is Our Next Target. Updated Reversal Point now Is 54142.
To Know Better on Daily TF. There is A Diagonal Line(Arrow#3). If Break down Side Then Price Drop. But If Supported Is Good Reversal Signal. Alts Still Not Sure To Open New Trades
NIFTY MID SELECT GANN ANALYSIS FOR 30 MAY 2024 EXPIRYIndex has made an ATH at 11120 on 23 Feb 2024 and swing low on 20 Mar 2024 at 10054. A swing of nearly 1066 points. A lower high was made on 12 Apr 2024 at 11030 and a higher low was made on 19 Apr 2024 at 10532. Again a swing of 498 points. Current swing high on Friday is 11000 nearly. So clearly above 11000 we may challenge the lower swing of 11120 very soon. If we open gap up and run smoothly so we may see 11120 today only.
On chart you can see we hit important level of 10525 for a swing low. Next important level for trend to watch is 10840. Intraday for expiry range to watch is 11036 and 10957. Traders can trade this range with confidence with 10996 as bias. Any expansion outside this range will see momentum on either side. Remember to watch fake outs if any.
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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
NIFTY 50 INDEX GANN VIEW FOR 30 MAY 2024 EXPIRY....April 2024 Expiry saw the sine wave move to the perfection. We started the April 2024 series at 22260 and ended the April 2024 series at 22570.35. So a net gain of 310 points. With a all time high made at 22775.70 on Wednesday10 April 2024 and higher swing low at 21777.65 on Friday 19 April 2024. April 2024 Monthly range was 998.05 nearly 1000 points. Now if we add this range to our low of 21777.65 we get targets of 22777.65... lets see if we attain this target soon.
We saw consolidation between the range of 22304 and 22474 and on Thursday expiry day we hit that important level with low of 22305 which was a very good morning buy for the monthly expiry. Those who held to the end without panicking made the most of the expiry day trading.
Now 22474 is important support and needs to be held for further growth.Resistance seen at 22730 level. Yesterday we achieved 22626 which needs to crossed to reach this level.
Cluster resistance of 22615 and 22645 needs to be clearing early in the day for positive start of the expiry.
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
NIFTY 50 GANN ANALYSIS OF APRIL 2024 MONTHLY EXPIRY NIfty 50 Index has hit the target of 22792.35 as per the chart ... actual ATH was 22775.70 on 10 April 2024. The break of important level of 22726 on 12 April 2024 gave a indication of lower values on it. We corrected significantly after the ATH and went down seriously to form lows at the cluster levels of 21890.75 and 21861.70... actual low was a overthrow with downside momentum prevalent in the index with geopolotical situation conducive and the bears capitalising on it. The level of 21800 is a seasonal point and short covering rally was expected after immediately conquering the level. Friady whole day we saw the index recoerving nearly 400 points intraday. Monday gap up showed the bulls strength and the level of 22327 was crossed in the day and the important level of 22239.75 was backtested which showed further strength for the index rally. For the expiry one level will suffice the trend determination which is 22414.25... above it we are positive and vice versa on the index. Resistance seen at 22501 and supports at 22327. Enjoy the bullish sentiments still prevalent in the golden period of the index rally. Its amazing to see a growth of 200 percents from 7511.1 to the current highs in last 4 years. Time is important than Price keep watching the three dimensions of the Markets .... Price Time and Volume... Always have 3D picture of the Cube of the Markets which has six faces four on the side and two making the top and bottom.... The top face boundary is from 20000 to 24000 roughly calculated...
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
BANK NIFTY GANN ANALYSIS WEEKLY EXPIRY 24 APRIL 2024...Index got the double bottom on Friday near the cluster zone of 46572 and 46634... actual low was 46579.05. If you know the start you can fortell the end.... W. D. Gann....
Intraday Levels to watch are 48107 on upside and 47861 on downside...
Breakouts or Fakeouts to be traded with caution as per expiry norms.
Short covering is happening in the series with low volatility so premiums appreciation is question mark area. But thats the fun in trading accepting the challenges everyday in and out.
A traders duty is to trade whatever his tells him with usual sl and targets. If he fails to do it... he has yet to evolve in the trading field. Practice it ... Perfect it. to get Picture perfect Results...
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
S&P 500 WEEKLY GANN ANALYSIS 23 APR 2024...SP500 hit a all time high of 5284.20 in the first week of April 2024. We saw 3 weeks correction as per Gann rules against the trend. The swing 3 weeks low is at 4930 on week starting 15 Apr 2024 350 odd points down from the high. Level of 5233.50 was important for the index breaking that level we are hit the cluster support zone of 4942.70 and 4906.40. Index needs to cross above 5342.50 for further growth to happen. As long as index is below 5124.50 we may see consolidation between the zone of 4794.40 earlier swing high if it breaks below 4906.40. Important squaring level is 5329.00 and below it is 5041.00. We are using the dynamic vibrations instead of the fixed vibrations to measure the current move.
Time cycle analysis and important time and price vibrations can be seen on the chart. We saw correction near time death zone. Best shorts trade was between the half and two thirds time zone. Best long trade was after the two thirds time zone on crossover of 4252.20 and hitting the targets of 5233.50 were tsl was hit.
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.