Oscillators
Bitcoin Top to Bottom Analysis
Monthly chart: indicates that there has been a divergence in MACD and we can see the double top formation that was a wholistic overview, but the last three candles indicate that if the price broke below 32917 and closed below this it will complete as an inside bar which is bearish and on the downside
based on the Weekly chart 28850 is the support, whereas if the price can break out from 47900 and closed above it will start the next upside up to 64850
on the Daily chart there is no momentum and we can see clear consolidation the price making choppy moves not respecting the 50ema band
My Take: let's wait for the breakout
because there has been uncertainty in the market with UKR & RUSS war
and rumor of Russia to adopt bitcoin or the money flow might increase from the Russian side in BTC
instead taking bias better to follow the chart analysis and trade according to levels
Natural Gas (MCX) : 7.50 % Future returnsNatural Gas (MCX) : 7.50 % returns at 11.30am 24.02.2022 HOW ???
1.Trend line Breakout
2.Above SMA 200 support
3.RSI 50 Support.
4.100% PURE Price action .
5.simple setup
You know 1 lot = 1250 /-
25 rupees changed(7.50% future returns)
=25*1250= 31250/-
1 lot future returns.
Bullish View in Birla CableBirla Cable is howing the strength. As per the ichimoiku rule, today's close is above the cloud and future kumo
is very much bullish and chikou span is slanting upwards. All these parameters are showing the further strength in Birla Cable
More strength will be visible once it will cross 145. Worth to keep in watch list for coming days
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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Demand Zone -
Fib Retracement -
Candlesticks -
Divergence - Divergence warns that the current trend is getting weakening and it might possible that the trend get changed in up coming session.
Volume Profile - POC - Point Of Control
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A breakdown analysisOn January 2021 script entered a upward rising channel but was struggling to touch upper line of the channel
Watch closely 28 oct to 18 nov a breakdown from a small consilidation and also breakown occured with a ADX started to move upwards to 25 and above which further supports the running trend which is a downward trend
Took support on previous zone consolidated for 14-15 day and gave breakdown as soon as the breakdown occurred we can see ADX again showing strength reaching further upside near 45
Retesting the supply zone falling the script might enter a sideways trend or it can show further downside
Divergence in EthereumI think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please share your thoughts on my theory.
ONGC short #Elliot_HarishRaooil & gas company move upside corrective wave this wave not sustains upside again down wave sturcture 1,2,3,4,5
down side draw tradw line support this stock
flat correction some rule
wave a internal sturture a,b,c
wave b =a,b,c
wave c=1,2,3,4,5
this current time ongc go 1,2,3,4,5 wave