Prediction
Bitcoin Next Move ?
Bitcoin made a Crash to 42k on Last Saturday(4 Dec) below 48k by breaking 200 EMA Support Zone and pulled back to 48k zone quickly ! This story is known but what will be the next move of Bitcoin after this crash ? Many short term holders made a exit in this crash because of the US Debt Ceiling + Chinese Evergrande fuds and Whales Play of course! But the Diamond Hands are still Holding Bitcoins towards the 100k. Bitcoin is currently trading on sideways distribution movement aka Kangaroo Movement after some Lazy Bears Attack. We will regain the Bull Mode once we break the 54k Resistance(Average Price Resistance). After this successful breakout we will see the new ATH on next year Q1 above 70k if Bears are suppressed to Sleep mode ! We can also expect the another correction to 39k if BTC unable to hold the 45k support zone or get rejected from the 54k - 56k resistance zones.
Morning Mantra, 6th December 2021Good Morning,
Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance.
Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December. Therefore, it’ll be suggested to stay stock specific and to keep following the Cherry picking strategy, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 3rd December 2021Good Morning,
Finally yesterday, Nifty had successfully given us a closing of above the level of 17360.
Hence, from now on, the next resistance zone will be of 17650-17700.
Moreover Today, the first 2 Hours will be very crucial for the Market, and if the index manages to sustain above the level of 17360 for the first 2 hours, then it will be a favourable condition for the Market.
In addition to this, we are still in favour of our suggestion to follow the “Cherry Picking” and “Being Stock Specific” strategies. Along with which, it will be suggested to stay cautious for the first 2 Market Hours, Today.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 1st December 2021Good Morning,
We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index.
Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has taken a beautiful bounce back from our predicted support level range of 16800-16700. After the index making a high of 17300 approx, we could witness a huge supply in the Market. As a consequence of which, we are still with our words, as the Market might somehow continue to move in a sideways zone till the Month of December.
As of now, the level of 16700 will work as a crucial level of support and we will have to stay cautious. Also, it will be suggested to stay stock specific. Since we have been stating about the ongoing liquidity crunch in Market majorly as a result of a huge selling from the FIIs.
So, stay cautious. Follow the “Sell on Rise” strategy, till the Market gives a stable closing of above 17360.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
NIFTY PREDICTION NEXT WEEK NIFTY Trading now at present make or break point, after stiff correction from 18600 to 17750 sub level, on 1 year technical chart daily time frame trend line breakout shown clearly as well as support line also indicate strong support at 17650-17750 level.
HISTOGRAM AT 0 line also shows make or break from hare now.
NEXT week nifty can take support from 17650-17750 which is currently trading at 17765, and 18000-18200 will be strong resistance zone, breaking above 18200 nifty turn very bullish and next bull run will be on card.
Breaking bellow 17600 will be again bearish area and that will be seems again strong correction downside 700-800 point where next strong support at 16700-16800 but in that case stock wise Stiff correction .. but looking at chart this is very less possibilities and trading zone will be 17650-18250 most likely .
FET Price Prediction - NFAFET is really doing good as expected.
What is FET ?
-It is the native token of FETCH.AI.
"Fetch.ai is building an open access, tokenized, decentralized machine learning network to enable smart infrastructure built around a decentralized digital economy."
It is certainly unique in nature, involving AI and ML concepts within decentralized economy.
Further, it's collaboration with giants like BOSCH, makes it highly bullish for the cycle.
Price targets are shown, and it can even run more.
So, let's see.
#DYOR
#NFA
BINANCE:FETUSDT
BINANCE:FETBTC
Energy Web Token (EWT)- Prediction for Bull RunEWT commonly known as Energy Web Token is the native operational token of the Energy Web (the first open-source, enterprise blockchain platform tailored to the energy sector). So being unique i.e. related to Energy Sector and as the demand for more Renewable Energy tools & applications will increase so as the EWT price.
So, in this chart I have just tried to predict the price of Energy Web token considering its uniqueness and ever rising demand.
Even we take the previous run, its price got approx 450 % increase from ($4.8 to $23.5). Taking from previous high i.e. 23.5 and even taking a 450 % rise, the price prediction will be approx $130.
So, let's see where it will go.
#NFA
Please #DYOR
#HAPPY_INVESTING
Will try to keep bringing such ideas/views/predictions as well as short term trading ideas.
KUCOIN:EWTUSDT
A technical analysis on Dr Reddy's LabAs you can see I am trying to guess the future of the stock, its just my theory on seeing the previous charts, as you can see it has taken good support from the green zone(support zone) in cpr, so an entry at that point would be perfect and go long on the stock for 3 month for return of more than 2000 per share, patience is the key. It will form a head and shoulder in 2 months or less and go for a breakout which will give amazing results. Stock market nowadays is sometimes bearish and our analysis could also go wrong so have a stop loss, Have a good day.
Nifty Intraday trade Prediction|25 August 2021We saw a good up-move as Nifty broke the falling resistance line and met all of our buying targets, as predicted. For tomorrow, we can expect a move higher above 16650, although caution is advised around the 16700 zones, as it is a Nifty ATH.
Look for a selling opportunity in the morning at higher levels if we begin with a large gap-up.
Tomorrow's Expectations: A turbulent day.
Intraday Levels:
Buy Above - 16650
Sell Below - 16550
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Naveen Chowdhary
Founder&CEO
TradeMynt App
NIFTY 20th JULY 2021 Expected LevelsAfter huge crash in the market on 19th and also Global markets are showing weakness 20th July opening is very crucial.
The following are the Resistance and Support levels for the Nifty.
R1-15765
R2-15806
R3-15837
R4-15861
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S1-15740
S2-15724
S3-15702
S4-15669
Banknifty Prediction and Analysis Intraday 9 June
Chances banknifty will trade in between range of 35000 to 35500 levels. In case breakout of this range will give strong points move in breakout direction.Weakness possible if banknifty trading below 34950 level. Upside rally possible if banknifty trading above 35500 level.