Here we are looking at the 4H timeframe as promised, this chart moves faster than the daily and we can have a closer look as to what is really happening right now.
We have a move and close below EMA10 and EMA21 on this timeframe.
The RSI hit below 50, which is the bearish zone just to move back up...
Prices remain trading above EMA50 which is a bullish...
Bitcoin (BTCUSD) has been facing resistance around the $14,000 price level... If this level isn't conquered fast Bitcoin's prices can drop.
Here we have a higher high on BTCUSD, yet we have a lower high on the RSI, marking bearish divergence.
The MACD looks like it peaked and it is starting to trend lower:
NOTE: The technicals are still bullish, prices trading...
Price - ₹587.50 Dt. - 03-11-2020
The price is near the support line placed at ₹584.15. 21DEMA is ready to cross the 50DEMA from below within 2-3 trading sessions. If opens in green then it will be the buy signal. If the stock fell then it can try to touch the 21DEMA. RSI is neutral and MACD has given the buy signal.
Good Sunday my fellow profitable cryptocurrency trader, supporter, reader, and to all those living and looking into Bitcoin right now... I am wishing you the best.
Let's have a look at the weekly chart, we have something really good going on right now.
The last time we looked at this chart we had the late June 2019 price peak, for BTCUSD, as the next...
Bitcoin (BTCUSD) fully detached from the S&P 500 Index (SPX) and now continues bullish towards $20,000+.
Here is the weekly chart:
Looking at the daily timeframe, which is the main chart above, we can clearly see Bitcoin trading above all major EMAs.
EMA50 was conquered 8-Oct. and now prices are safely trading above the EMA10 green line.
This is a very...
NSE:COLPAL has shown a breakout upward with a large volume indicating upcoming bullish move.
The MACD is bullish.
The EMA20 is greater than EMA50 showing the script is in bullish trend.
The RR ratio is also good.
The NSE:PIDILITIND has broken two resistances upward indicating bullish trend upcoming.
The breakout is accompanied by a large volume.
The MACD is bullish.
The Risk-Reward ratio is greater than three.
The script has broken the trend line upward indicating the bullish trend. The breakout is confirmed with a large volume. The MACD is bullish. All these are with a good risk-reward ratio.
Price - ₹778.35 Dt. - 31-10-2020
As discussed earlier on the weekly chart that the stock is in the continuous downtrend from a few years but recently last month the stock broke the streak and started moving upward. looking at the historical daily chart we can conclude that stock can give buy and sell signal through 50DEMA and 21DEMA. But observing carefully if...
The company's earnings are doubled in this quarter!
Bullish Elliot correction wave C approaching
Bullish XABCD pattern going to complete
the stock reached support level.
MACD indicator is below zero and crossed above the signal line which showing strong uptrend is gonna come.
these all confirmations showing the sure and strong buy in godawari power!
keep earning...
Bajaj Finance has been consolidating for quite some time now, and it seems to have started it's upside move for a short term perspective. With it's base near 3280, one can enter in this stock with a closing sl at 3260 on a closing basis. Technical perspective, it is respecting it's 7 day moving average and has bounced back from the same today. The RSI is also in...
1. Nifty OHLC are below yesterday, after lots of consolidation - Bearish
2. The candle is green - Not Bearish, But with long upper wick, closing just below the yesterday's low - Bearish signs
3. MACD has crossed over Bearish.
4. With SL at 11770 and target 11305 - It seems like good Risk Reward Ratio
5. However, It clearly has taken support at 11618 level, which...
Kodak bank make bullish crossover and most buying is happening today 27oct 2020 market.
stock is bullish but now its touch resistance which is 1600
I am expecting selling in this stock because In 15 min time frame stock shows bearish MACD diversion which means stock become weak
Wait for price action and if we get opportunity then we sell with target of 1517, 1455
torrent power took strong support and broke its counter trend line decisively + there is a macd confirmation , if looking for entry make sure to enter @pullback and target till previous swing high i.e. 360/365/370
This stock is of pyramid fashion so keep accumulation at lows of pyramid (generally 0.618 fibR) for long term.
#Technical :
1. Stock is sticky to Monthly trend line (refer chart attached) and current price has deviated enough from that. Convergence is highly likely.
2. MACD supporting the uptrend.
