BTC/USDT Urgent Analysis ➡️ Current Situation: BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL). ➡️ Bearish Scenario: There’s a possibility that BTC may retest the $57,000 range. ➡️ Key Levels to Watch: - $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K. - $65,540: Place your stop loss...
Hello dear traders Today let's explore the price of gold together! Gold recovered slightly after a volatile Friday, trading steady around $2,310 and up 0.34% on the day. In terms of short-term outlook, gold appears to be moving sideways and is still in an accumulation phase with expected swings between $2325 and $2290. Pay attention to the marked points to find...
NIFTY50 Technical Chart Analysis NIFTY50 is currently in a high greed zone, attracting investors eager to join the bull rally. Let’s examine the key scenarios expected to play out over the next few days: Chart Analysis: NIFTY50 is forming a bull flag within a rising channel. Historically, this pattern tends to lead to a downside breakout, which makes any...
BANKNIFTY Intraday Trade Setup For 7 May 2024 Bullish-Above 49260 Invalid-Below 49150 T- 49735 Bearish-Below 48650 Invalid-Above 48760 T- 48145 47650 BANKNIFTY has closed on a flat note today. In the weekend half bat was plotted near 49200 and it gave a pullback till PRZ via gap up and respected that. It traded between yesterday's range and formed an inside...
NIFTY Intraday Trade Setup For 7 May 2024 Buy-Above 22600 Invalid-Below 22550 T- 22810 Bearish-Below 22340 Invalid-Above 22390 T- 22100 21885 NIFTY has closed on a slight bearish note with 0.15% cut today. It gaped up and did not trigger any trade levels. Infact it traded between previous day's range. Tomorrow if it opens flat and 22340 is sustained then we...
EUR/USD is trading steady around 1.0750 at the start of the new week after a positive week. Technical analysis suggests that the pair could continue to rise in the near term as the price range widens. US economic data that did not meet expectations weakened the USD's strength on Friday, pushing the EUR/USD exchange rate higher at the end of the week. A further...
it's extreme ob wait for choch in LTF displacement also there
Axie Infinity has a market cap of $1.09 Billion and is ranked 81st in the Coin Market cap. AXS token price is currently trading near the value of $7.56 with a gain of 1.95%. Meanwhile the volume of the asset price has recently seen a surge of over 20.77%. The asset is currently forming weak bullish candles on the daily chart. It is trading below the 50 and 100...
Ronin is an EVM based blockchain which was created for the gamers by SkyMavis. It is one of the only blockchain which has proven to scale a single game to millions of users with over $4Billion NFT volume. Ronin blockchain optimizes for near instant transactions which makes seamless transactions inside a game. In the first few months of launch the platform gained...
Why "V" Shape Happened Last week in #Bitcoin ? High Risk-to-Reward Reversal Trades - Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards. - Liquidation Levels: Massive...
Hello friends! GBP/USD is struggling to maintain its upward momentum and is trading below 1.2550 during the US session. Earlier in the day, disappointing April jobs reports from the US triggered a USD sell-off, pushing the pair to multi-week highs above 1.2600. However, it failed to hold this level and quickly fell to 1,254. On the other hand, the daily chart...
BankNifty differs slightly from Nifty. It has already finished the three-wave structure, so if the gap-up sustains, we can expect rally continuation with minor correction that should break the minor fib level of 38%. Alternatively, if the gap-up doesn't sustain and breaks the previous day's low, then it might turn into a diagonal pattern."
"Good morning, friends! Here are the directions for May 6th: There have been no changes in the global market; it's maintaining its range, while our local market sentiment also indicates a moderately bearish trend. It might open with a gap-up start, as suggested by GiftNifty, showing an increase of +100. Nifty fell drastically in the previous session, so the...
Epic Weekly Close for Bitcoin! BTC is gearing up for a massive run If BTC holds above $56,570, we could see an impressive rally soon! Keep an eye on the charts as history suggests sustained breakouts lead to significant gains. #BTC #Bitcoin #Crypto #CryptoAnalysis
Now Look at the All well no of 45661.75. This was the the hourly SL for the Hourly PRZ long chart of 46196 to 46000 which i posted earlier. Now Holding this SL of 45661.75 we look for 48156 which was the Prev ATH from where we fell. A close above this we look for 1.272 pattern with targets of 49344 to 49457 and a close above it we look for 49780 to 50000 and...
#Weekly Summary BN 5th May 2024 BN 48923 -> Last weekly summary i had clearly mentioned that Strong support is from 48680 to 48477 and we made a low of 48659.7 and closed at 48923 Now look at the Chart and you will see that 48677.6 is the 38.2% retracement for the Rally from 46579.05 to 49974.75 . This retracement support matched with our strong support...
BN closed at 48923 taking support at our strong support level of 48680 making low of 48659.7 while 48636.45 was Prev ATh on 28th Dec 2023 See you will see that BN gave a breakout of C&H on 29th April. Is that not enough to tell us how bullish BN looks. We cannot call BN turning bearish unless 46579 is taken out on closing basis which is the base of the handle
This time chart of the week given to Eco recycling company. A smallcap stock going to hit given targets now soon. Price actions are telling good momentum in this stock