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Pivot Points

OP: Keep watch for potential longterm bullish signs. 🚀💎 Paradisers, #OP is going to approach the BB zone, or in simpler terms, a previously broken resistance zone that could now act as support. 💎If #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level. 💎Should this level break down, our next area to watch for a potential bounce is the demand level, though we'll need confirmation before proceeding with any trades. 💎However, if the price breaks down through both these levels without confirmation, a bearish move might be expected. Nevertheless, I am not focusing on bearish strategies at the moment and would advise caution with short positions for now.
by MyCryptoParadise_Nathan
Midnifty Intraday Analysis for 16th April 2024NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 5.07 Lakh is at 10800 strike followed by 2.79 Lakh at 11000 Strike and Put writing of 4.88 Lakh at 10800 Strike followed by 4.55 Lakh at 10600 Strike. Index is closed above support level of 10800. Index may face resistance near 10880 - 10930 level and less likely expected to go beyond 10950 level due to Israel Iran War Tension If Index has support near 10600 level if index fall and sustain below 10650 level. It is expected that the index trade around 10800 level if was tension is not escalated much.
NSE:NIFTY_MID_SELECT
by RKMAURYA
Keep an eye on #BELUSDT as it approaches key levels.🚀💎 Paradisers, for #BEL, we may anticipate a bounce from the supportive trendline, especially as the price has shown a Change of Character (CHoCH) towards a bullish market structure, which enhances the likelihood of a bullish move. 💎 If #BELUSDT finds support at the supportive trendline and bullish Order Block (OB), and demonstrates CHoCH and Break of Structure (BOS) on lower timeframes, then a rebound is expected. 💎 However, if there's a breakdown of the bullish OB and supportive trendline, a bearish trend might unfold, but I would prefer to disregard any short-term bearish movements for now.
by MyCryptoParadise_Nathan
Keep a close eye on BCHUSDT as it approaches crucial levels👀💎 Paradisers, #BCH is approaching the supportive trendline and the previously broken resistance area, which might now serve as a support. 💎If #BCHUSDT breaks its higher low and exhibits signs of a Change of Character (CHoCH) and Break of Structure (BOS) from this support zone, we can expect a bounce to the next swing resistance. 💎However, if there is no confirmation and the support zone along with the supportive trendline break down, it will be viewed as bearish. Nonetheless, there is another support zone below this, which is considered stronger. Even so, confirmation is crucial before taking action there as well.
by MyCryptoParadise_Nathan
Get ready for potential action with FTMUSDT💎 Paradisers, #FTM is currently exhibiting a bullish market structure, with the price approaching the Bullish Order Block (OB). 💎If #FTMUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) within this zone, we can anticipate a rise up to the next swing resistance. 💎Should the bullish OB breakdown occur without any CHoCH and BOS on the bullish side, a bounce from the demand area might be expected; however, confirmation is necessary before making any entries. 💎If both the bullish OB and demand area break down, it would be prudent to wait for more favorable price action to develop.
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by MyCryptoParadise_Nathan
2
Exciting times ahead with CTSIUSDT! 🚀💎 Paradisers, #CTSI is demonstrating a Change of Character (CHoCH) indicative of a shift towards a bullish market structure. 💎If #CTSIUSDT presents a CHoCH and Break of Structure (BOS) from the bullish Order Block (OB) and supportive trendline, then a bullish trend is likely to emerge. 💎Should there be a breakdown of the supportive trendline and the bullish OB, a bearish trend might ensue, though in such instances, I would suggest focusing on scalping opportunities.
by MyCryptoParadise_Nathan
BCH: We might see a rebound from there.🚀💎 Paradisers, #BCH is currently experiencing panic selling, and I am expecting a potential breakdown of the supportive trendline to gather liquidity for an upward trend. 💎If #BCHUSDT breaks below the trendline and exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish Order Block (OB), which coincides with the Fibonacci 0.618 level, we might see a rebound from this point. 💎However, if the price falls below this level, it would typically be considered bearish. In this scenario, I would recommend not focusing on this move.
by MyCryptoParadise_Nathan
It looks like #API3USDT is gearing up 🚀💎 Paradisers, #API3USDT going to take inner range liquidities by trapping traders through a breakdown of the channel. 💎To confirm this move, we'll need to see CHoCH & BOS indicating a shift towards bullish market structure from the bullish OB. 💎If #API3USDT manages to break above the resistant level, we can anticipate targets being set until the next resistant levels. 💎However, if the price breaks down below the bullish OB or the low, it may be interpreted as bearish. In such instances, it might be prudent to abstain from trading until clearer price action emerges.
by MyCryptoParadise_Nathan
Looks like ADA has pulled a sneaky move on traders🕵️💎 Paradisers, it seems that #ADA has trapped traders who entered based on the breakout of the cup & handle pattern. 💎Nevertheless, should #ADAUSDT breach above the previous high, we may anticipate a bullish move, especially considering the bullish market structure signaled by CHoCH & BOS. 💎In the event of a pullback, we could foresee a bounce from the demand level. 💎However, if the price breaks down below the demand level, it may be viewed as bearish, particularly due to CHoCH towards bearish structure. In such cases, it might be advisable to execute scalp trades or abstain from trading, especially for those new to trading.
by MyCryptoParadise_Nathan
2
ICX: Bullish Reversal Ahead?🚀💎 Paradisers, it appears that #ICXUSDT has formed an inverse head and shoulders pattern, which often signifies a potential bullish reversal. 💎Should #ICXUSDT successfully breach the resistance level, it would confirm the inverse head and shoulders pattern, potentially leading to a bullish movement. 💎In the event of a pullback, we may anticipate a bounce from the bullish Order Block (OB) due to the prevailing bullish market structure. 💎However, if the price breaks down below the bullish OB without clear confirmation, it might be wise to exercise caution and await more favorable price action before considering any trading decisions.
by MyCryptoParadise_Nathan
💎 Keep a close eye on HOTUSDT💎 Paradisers, #HOTUSDT has broken out of resistance, which may now act as support. 💎If #HOTUSDT demonstrates CHoCH after taking support from this level, it could signal a bullish move, possibly indicating an attempt to attract external liquidity. 💎In the event of a breakdown below this support, we may anticipate a bounce from the bullish Order Block (OB). However, confirmation with CHoCH at this level is essential. 💎Nevertheless, if the price breaks down below the bullish OB without any confirmation, it might be prudent to refrain from trading until clearer price action emerges. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
Finnifty Intraday Analysis for 9th April 2024NSE:CNXFINANCE Maximum Call writing is at 21600 strike with 22.43 Lakh followed by 21.14 Lakh Call at 21800 Strike. Maximum Put writing is at 23.37 Lakh at 21400 strike followed by 23.11 Put writing at 21600 Strike. The support level is shifting above to 21600 - 21600 range. As the Maximum Call and Put writing is at 21600 strike and nothing change then index should close near 21600 level on expiry day. However, expected trading range may be 21500 - 21800. If index crossed above 21650 level and unwinding of Call positions at 21600 and 21700 strike taking place then index may reach near 21800 level. If unwinding do not take place, then index may return near 21600 level. If Index fall to near 21550 level and Unwinding of Put option taking place at 21600 and 21500 strike then index may touch 21400 level. If unwinding do not take place, then index may return near 21600 level.
NSE:CNXFINANCE
by RKMAURYA
Banknifty buy given at 47550 next Target 49160 , 49200On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:BANKNIFTY
by JaiPrakashShuklaHarmonicTrader
Nifty buy given at 22460 , 22690 Target hit next Target 22860 On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:NIFTY
by JaiPrakashShuklaHarmonicTrader
Midnifty Intraday Analysis for 8th April 2024NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 26.07 Lakh is at 11000 strike followed by 15.90 Lakh at 10900 Strike and Put writing of 39.78 Lakh at 10700 Strike followed by 25.29 Lakh at 10800 Strike. Index is closed above support level of 10800. As the more put writing is building up at 10800 and 10700 strike the support level is shifting up with big support near 10700 - 10800 level. Index is expected to trade between 10730 - 11025 level. If Index goes above 10880 level and unwinding of Call position at 10900 strike then index may touch to resistance near 11025 level. If Index down to 10800 level and Put Position is building up at 10800 Strike then index will bounce and goes near 11025 level.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
Finnifty Intraday Analysis for 8th April 2024NSE:CNXFINANCE Maximum Call writing is at 21700 strike with 10.46 Lakh followed by 9.55 Lakh Call at 21800 Strike. Maximum Put writing is at 11.46 Lakh at 21200 strike followed by 11.07 Put writing at 21300 Strike. The support level is shifting above to 21200 - 21300 range. If index crossed above 21630 level and unwinding of Call positions at 10600 and 10700 strike taking place then index may reach near 21700 level. Support is near 21300 level. If Index fall to near 21300 level and Building up Put option taking place at 21300 and 21200 strike then index may bounce to resistance level 21630 level. Reversal of short term trend may be seen below 21200 level which is unlikely situation in near term.
NSE:CNXFINANCELong
by RKMAURYA
Banknifty Intraday Analysis for 8th April 2024NSE:BANKNIFTY Highest Call writing of 22.18 at 48500 strike followed by 19.08 Lakh at 48000. Highest Put writing of 37.54 lakh at 48000 strike followed by 27.22 Lakh at 47500 strike. Fresh Call writing of 17.33 Lakh is building up at 49000 strike. Support is shifting up to near 47700 level. If Index crosses 48640 and sustain then it may go near 49000 level. Trailing SL near 48150 level. If Index down to 48000 and Building of Put position at 48500 strike then index will bounce back to near ATH resistance level. Reversal of short term trend only possible below the 47700 level which is less likely in the near term.
NSE:BANKNIFTYLong
by RKMAURYA
Nifty Intraday Analysis for 8th April 2024NSE:NIFTY Highest Call and Put writing is at 22500 strike with 53.89 Lakh Call and 61.44 Lakh Put. 2nd highest Call writing of 60.59 Lakh at 22800 Strike and Put writing of 53.82 Lakh at 22400 strike. Support level is shifting up near 22300 - 22400 level. Index is closed near 22525 resistance level. If index crossed 22580 level unwinding of Call and / or Building of Put taking place at 22500, then index may touch 22800 level. If index goes near 22400 level and Building of Put taking place at 22500, then index may bounce to 22525 level. Reversal of short term trend possible if index fall below 22300 level and unwinding of Put at 22500 taking pplace.
NSE:NIFTYLong
by RKMAURYA
DASH: Inverse Head and Shoulders Sparks Bullish Frenzy! 🚀💎 Paradisers, #DASH has formed an inverse head and shoulders pattern, signaling a potential bullish reversal. If #DASHUSDT manages to break above the resistance zone, confirming the pattern, we can anticipate targets towards the next resistant levels, as this pattern often indicates a shift in market sentiment from bearish to bullish. 💎In the event of a pullback, we may expect a bounce from the bullish OB, which typically serves as a significant support level in a bullish market structure. 💎However, if the price breaks down below both of our key levels, it may be prudent to exercise caution and refrain from immediate action. Waiting for clearer price action to develop before making any trading decisions could be a wise approach in such scenarios.
by MyCryptoParadise_Nathan