A few reasons to short bata:
1. Double top Pattern
2. MACD Bearish Crossover
3. RSI divergence towards bearish signal
Sell entry: Immediate at 707
Target upcoming few days: 685-675
Trade and enjoy
Happy trading! :D
It seems NSE:HCLTECH is in verge of breakout. Two reliable indicators giving a buy signal.
1. MACD (15,50,9) bullish crossover signalling to enter in long position.
2. Stochastic Divergence on bullish side which again gives a signal of immediate breakout.
Buy above 969 aiming for a target of 987(T1), 1010(T2) & 1040(T3). A stop loss of 953 is recommended.
RSI & MACD divergence on Daily as well as weekly chart.
Divergence can also be seen in weekly chart of CNX IT index.
Short at 616.
Stoploss 626.
Target 566.
Risk-reward: 1:5
Renko, supertrend & Aroon combo gave a bullish signal on NSE:INFY . Interestingly this is also confirmed by MACD 'BUY' Signal (not shown in this carts).
Buy above 1189 for a Target of 1220(T1), 1236(T2) & 1258(T3).
SiaCoin Price Analysis For Longterm..
SiaCoin is the one of the most popular traded coin in the Bittrex Exchange,
this coin belongs from TOP50 Crypto Currencies in CoinMarketCap
Its all time high is 690.
Before past 2 months its price decreases, now rate is 155 Satoshi..
Reasons For its goes Up..
1. RSI OverSold zone,
2. MACD CrossOver Found,
3. A Green Doji...
The stock is at a fibonacci support level and has very good support at 340,321,284,265,the RSI is oversold and the MACD is also near very strong supports,the trend is near a reversal.
LINK FOR THE INFORMATION ON THE FUNDAMENTAL SIDE
www.forbes.com
Previous trend easily breached, new trend showing a double top (indicated by arrows) which is a harmonic reversal pattern and could be an indication for bearish price action. MACD saw negative divergence on the double top as well, indicating the trend is losing strength. But the trend just broke out and it is also rational to suggest it is unlikely a correction...
Green trend lines represent the slightly longer term trend while the red lines show the short term trend. MACD negative divergence shows the down trend is running out of juice. Fibonacci trend (long term) had a slight 0% breach but bounced back. This has led me to believe NIFTY will test the resistance and touch levels from 10380-10400 before coming back down. RSI...
Negative Divergence developed on Stochastic and MACD Indicators coupled with heavy selling of 800 Calls by bears. One can sell for the target at 760 and below. Stop Loss may be placed at 800. All the best.
Hi,
The MACD Is just crossed but volume is low. The MA line is going to cross. The Ressistance above the head @ 2850. if it break that resistance may go to the next 2900.
Education purpose only.
Suggestions are welcome.
With Good fundamentals, impressive results and robust order book growth of 75%(9-month YoY).
This falling wedge(approx) WITH converging MACD looks like a sound bet to go long in the near term.
BTCUSDT:BINANCE 4 HRS
As we see BTC is following the downtrend since last two days, although trying to keep up but somehow fails to achieve it.
as it seems breaking the support level at 9700 will give us a indication of falling into a bearish market, followed with a downtrend confirming with macd & rsi.
similarly breaking the 11000 resistance level will give us...
