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Technicalindicators

Good News For Ethereum- Resistance Breakout & RSI DivergenceFollowing Chart is of ETHUSD which Clearly shows the breakout of the price from the Resistance Level. Wedge/ Trend line breakout could also be seen. Also we can see RSI Divergence, in this case, the price is making lower top lower bottom whereas the RSI is making Higher top Higher Bottom. This means that finally the bad days for Crypto are over and we are heading towards a strong uptrend, technically. Do follow for more trading setups like these Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
BITSTAMP:ETHUSDLong
by Gajanan_Y
MATICUSD(4Hr): MATIC moving without any signs of a bullish trendMarket in the last 24hrs MATICUSD saw a major downward momentum as the price moved form the middle to the bottom Bollinger band. Trading volume has been high suggesting that the bearish momentum is strong and is likely to continue. Today’s Trend analysis The price appears to be moving below the bottom Bollinger band suggesting that the price has rejected it as a support line and we can expect the downward trend to continue till the price accepts the bottom band as a support line after which we can expect some consolidation movement of the price. Price volatility was high at approximately 9.1%, with the day's range between $0.741 — $0.822. Price at the time of publishing: $0.744 MATIC’s market cap: $4.73 Billion However, the Indicator summary is giving a 'STRONG SELL' signal on MATICUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal. Out of 15 Moving average indicators, 14 are giving SELL signal, 1 is giving neutral and 0 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis! For other crypto analysis you can go to the mentioned links.
MShort
by traderanalysis
1
HDFCLIFE: Double bottom Breakout!The double bottom has been formed in the last month. Stock is trending with strong relative strength in June so far... Even though Today market has retraced by heavy points, But IT, FMGC & Financial service sector always survive and surge in worst conditions Due to the dollar price have been strong after 7 member did vote in the favour of increasing the interest rates in the USA and 7% of growth has forecasted It will affect the INR currency as USDollar is going to build momentum in upcoming days and the market will lose more points if and only if FII & DII still carry on their selling strategies.
NSE:HDFCLIFELong
by rajveerscolia
3
TATASTEEL: Going to be all time high!The stock has been affected due to ADANI Enterprise fall and nifty100 as well as nifty metal also sipped from their highs. T.Steel is retesting its Critical demand zone. RRR has shown in the chart for best entry wait for to form the higher highs in 5min candlestick Points to be Note (Technicals + Fundamental) 1. Cup and handle formation. 2. Plunges with casual risk or news and index 3. Above from Critical Demand zone and retesting the levels 4. Company profit is increased from YOY 2020 and still -9% from YOY 2019 5. P/BV is high, the Debt ratio is high, PE is high. 6 Due to ratio diversions still sales edge over its peers make a sense to hold for the long term. 6. Sales have been increased impressively 7. Demand in the auto sector will move the metal in the next few weeks Let me know in the comments what are your views on this! NSE:TATASTEEL
NSE:TATASTEELLong
by rajveerscolia