ETH has just crossed over the strong daily resistance and a strongest trendline resistance at 990$
ETH on its way to new ATH has 1200$ and ATH-1400$ 2 strong resistances.
Once we breakout the 1200$ resistance, it will be just matter of couple of days for ETH to make new ATH.
According to historical data, ETH always have the same rally as of BTC.
we can see ETH...
Burger King is on the roller coaster ride since it's IPO listing. It met our Target of 200. went till 219 and now trading at 157 with consecutive two lower circuits. As we have very fewer historic data to analyze the technicals...We can focus more on psychological levels here. 130 to 145 is the 1st level of buying zone where stocks will be transferred from...
Multiple things to note on this chart.
1. The stock formed a good base at 71-72 levels. Tested twice and the levels acted as a good support. In the chart this is indicated by the black line drawn at support.
2. The stock then formed higher highs and higher lows indicating that the stock is in an uptrend. This happened for almost 6-7 weeks.
3. Now, historical...
according to pitchfork and historical data a dump must happen till13100 and then uptrend continous
or the uotrent would continue till 14000 in any case wait for some correction till going long
Every thing is mentioned on chart
No-1 Market is at major resistance (supply zone)
No-2 RSI in over bought zone
No-3 New Moon Phase ( pls verify the historic data)
No-4 Wave count completion
conclusion market may pull back
even with all this if market goes up then we have to know FII / DII are so powerful they can break all the rules and indicator in the stock market .
Sine and Fibonacci with historical data matched with pitch-cock.
474 Is the HIGH RESISTANCE LEVEL for Bandhan Bank Before Oct 2020. from dec it can be normal but if FII & DII invest more before June 2020 about 20% then scenario can be different. may be more +ve
Here investment strategy should be sip basis, not cumulative & long until JUNE 2020
It's just a very small percentage play (4%), historical data says there will not be much improvement or a reversal of trend. My limited trend analysis knowledge "hopes" for a trend reversal of at least 4%. Keeping fingers crossed.
new channel is forming and stock is taing support so looking at historical data of stock we can say stock will go upward. buywhen breaches PDH with sl@PDL
In the previous Head & Shoulder alert that I had raised in mid February, I had stated that the market was heading lower, and that it can test 10030 on March 8th. However, that process got a little delayed and today on 20 March it has come near.
Please note that, to play out a perfect Head & Shoulders the left shoulder needs to be repeated, but in different colour....
