We all know about the recent investments and the rush that everyone has gotten into to buy reliance jio, but here's the thing it is grossly over valued. Reliance jio might be performing really well but the oil segment is still a part of Reliance Industries, bringing it's valuation downwards. I am not going to get into fundamentals but technical indicators clearly...
INFOSYS IS SET TO BE LOSING IT'S STEAM IT SEEMS. IT HAS BROKEN IT'S TREND LINE SUPPORT WITH A GAP DOWN YESTERDAY. ONE CAN TAKE A SHORT TRADE WITH STRICT STOPLOSS OF 675. TECHNICAL INDICATIONS ARE: 1. BOLLINGER BANDS - INFOSYS MADE A GAP DOWN BELOW THE MEAN LINE OF BOLLINGER BANDS AND WILL NOW APPROACH THE LOWER BAND. THE MEAN LINE WILL ACT LIKE A RESISTANCE...
I sent out an early signal about Bitcoin (BTCUSD) dropping... I know it is really early for many people but these are the signals coming from the charts. I am only reading the chart... The chart can always change and is always changing as each candle closes. At the time of writing, this is what I am getting from the BTCUSD (Short-term) 1H Timeframe chart. ...
Hi friends, Writing my first technical analysis on the forum, coming few hours are very crucial for XRP price. MACD histogram is showing trend reversal and MACD slow and fast lines are about to form double bottom bellow the zero line if confirms the formation and cross the zero line it will be bigger bullish. if its fails to form the double bottom we are...
Asian paints can breakout on monday . Macd on 30 ,45 ,and 60 min charts is giving signals to sell asian paints . The call from macd are backed up the price action as well .
Our pivot point stands at 0.8342. Our preference: rebound. Alternative scenario: the downside breakout of 0.8342 would call for 0.8319 and 0.8304. Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA...
0.8898 is our pivot point. Our preference: rebound. Alternative scenario: the downside breakout of 0.8898 would call for 0.8877 and 0.8865. Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero levels to trigger further gains. Moreover, the pair stands above its 20 MA (0.8912) but...
Bitcoin (BTCUSD) is starting to retrace based on the 4H timeframe chart... Let's take a look... But wait, before we go there, here is our full Bitcoin (XBTUSD) SHORT trade: Now, for Bitcoin (BTCUSD), prices are now moving below EMA10, which would switch our potential from bullish to bearish if the current candle closes below this level. EMA10 is sitting right...
Monthly Basis • Monthly candle is totally Negative from last two candle • Now consider the Huge Resistance is 12017 for Feb Series Weekly Chart. • Weekly Candle full body bearish candle ( Means Open and High almost same and close Near the Low) • RSI Below 50 • MACD (Trendline crossing MADC Line) • ATR on Upword range • So all Indicator in Weekly are...
Monthly Basis * Nifty Made Bearish Candle on Monthly basis * Nifty has Monthly Low 11832 * Nifty Reverse from the Upward Bearish trendline Weekly Basis * Made bearish Candle Weekly Open 12197 and High 12216 and close 11945 ( It shows that for the Entire week Nity face strong selling) * RSI in falling side (53.94) * Macd showing indication of Negative...
Monthly MACD cut, Weekly MACD crossover may happen upcoming days. It will helps to reach the target levels. Vijayaraghavan, Chennai.
Go long on Nifty as the sentiment of Bullish have changed and they are now trying to take control of the market as three consistent Green Candles with Gap Ups have been spotted, MACD is also about to give a Crossover as the MACD line is forming a Curve towards the upside. Option Chain Data suggests Very Heavy Call, as well as Put writing at 12100 levels which may...
Bitcoin's path to $33,333+. Let's keep it simple. We are going to look at just 6 different signals. We had all these same signals before the 2019 Bitcoin bull run, let's take at look at them now and see if it makes any sense... Hit LIKE and push me up... (1) Bullish flag. (2) EMA10/EMA50 Cross. (3) Bullish divergence with the MACD and RSI. (4)...
Bitcoin's bulls showed themselves really strong last week when they bought everything below EMA50 and pushed the price above EMA10 in one single candlestick. Bitcoin (BTCUSD) was trading below EMA10 ($9170) and fell below EMA50 ($8012) to reach a low of $7293... As soon as this low was hit, Bitcoin had a very strong bounce and the bulls now are back in control......
Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet... Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support. Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis Circled in green, we can see the bullish engulfing pattern. We can see a young bullish MACD crossover. MACD...
Ethereum is still trading at relatively depressed levels on Friday, although the thirty-minute time frame is showing huge bullish MACD divergence. The bullish MACD divergence extends towards the $218.00 level and suggests an upside rally may soon be coming for the ETHUSD pair. Overall, ETHUSD bulls may start to enter back into the short-term long trade once the...
Let's take a look at Bitcoin weekly... Our analysis while looking at the weekly time frame/scale; one week per candlestick... Feel free to hit like now and let's get started... Bitcoin Weekly Chart Analysis by Alan Masters Brown dashed trendline: 1) First, let me call your attention to the dashed brown line above. This week candlestick is challenging...
NSE:DREDGECORP Go long on Dredging Corporation for a target of 500 in 30 trading days with a stop loss of 365. Price breakout at pennant -flag patter with increasing volume, RSI moving up and MACD line crossing MACD signal line. All positive triggers.