Trading!
BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert!
Quick Analysis:
As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend.
Current Status:
Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines.
Support: $51,000
Resistance: $63,900 / $67,700
Suggestion for Traders
Monitor these crucial thresholds and adjust your trading plans accordingly.
Stay prepared for swift market movements.
CRYPTOCAP:BTC #Cryptocrash
Vodafone has no Idea for BullishnessVodafone Idea attempted twice to break the resistance zone but unfortunately it couldn't and fall from around 18 Rupees so it becomes strong reistance in bigger time frame but after that in shorter time frame we can see that around 15 is became strong resistance which means whether it is bigger or Shorter timeframe it looking negative overall
USOIL is ready to rock🚀US Oil is at important zone formation of Descending triangle pattern. If this sustain near Support then we can see a good upside move if break then see a huge fall. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
BTCUSD Important levelBTCUSD make or break level, BTCUSD is at important level Forming a ascending triangle Pattern Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Monthly bullish megaphone keeps Gold buyers hopefulGold price resumes its upward trajectory within a fortnight-old bullish megaphone chart pattern after a volatile day that initially refreshed an all-time high before posting the biggest daily loss in two months. That said, the XAUUSD’s corrective bounce also takes clues from a rebound in the RSI (14) line. However, bullish MACD signals and cautious mood ahead of the US Retail Sales tests the bullion’s recovery moves. It should be noted that 100% Fibonacci Extension (FE) of the quote’s February-March moves, near the $2,400 threshold, currently lures the buyers. However, the aforementioned megaphone’s top line, close to $2,441 at the latest, will challenge the precious metal’s upside afterward. Following that, the commodity’s run-up toward the $2,500 round figure can’t be ruled out.
Meanwhile, the Gold price sellers need a clear downside break of the stated wedge’s bottom line, around $2,336 by the press time. Following that, the 61.8% and 50% FE level will entertain the XAUUSD bears around $2,305 and $2,277 respectively. However, a convergence of the 100-SMA and an upward-sloping support line from February 28, near $2,265, appears a tough nut to crack for the precious metal sellers. In a case where the quote remains weak past $2,265, the odds of witnessing a quick fall toward March’s peaks of around $2,222 and $2,195 appear brighter.
Overall, the Gold price lacks upside momentum but the sellers stay off the table beyond $2,265.
What's Next for Bitcoin? Understanding Its Current Price MovesWhat's Next for Bitcoin? Understanding Its Current Price Moves
#Bitcoin Market Brief
Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets.
Key Levels:
Support: Watch $63,800. Falling below could lead us to $51,000.
Resistance: Key resistance at $67,600. Below this, expect continued bearishness.
Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues.
Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH.
Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices.
Looking Ahead: A climb over $71,000 might set the stage for new record highs.
Keep tuned for updates.
#BTC #Cryptocrash
BITCOIN BEARISH MODE SO READY FOR $50,000 ?#BITCOIN BEARISH ALERT
Market Status: Bearish
Key Observations:
Pattern Breakdown: Bullish Pennant formation has been compromised.
Trend Line Status: Currently trading below the key trend line.
Targets: $50,000
Condition:
This target is set under the condition that #BTCUSDT remains below $65,500.
Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target.
Stay tuned for further updates!
CRYPTOCAP:BTC #Cryptocrash
ARB/USDT Ready for $10 in current bull market ?Arbitrum ( LSE:ARB ) Technical Analysis: Insights for Traders
Short-Term Bearish Trend Analysis
Arbitrum ( LSE:ARB ) is currently exhibiting a bearish trend in the short-term trading window. Traders should monitor for potential declines or stabilization in the market, signaling a possible reversal or continuation of the downtrend.
Key Accumulation Zones Identified
The optimal accumulation zone for LSE:ARB is identified between $1.00 and $0.90. This price range is deemed strategic for traders looking to buy LSE:ARB at a lower price point, potentially capitalizing on future price recoveries.
Projected Long-Term Price Targets
In the long-term perspective, Arbitrum aims for significant price milestones at $5 and even $10. These targets suggest a bullish outlook and represent critical levels for LSE:ARB to achieve substantial growth.
Critical Support and Resistance Levels
The support level at $1.30 is crucial; a breach below this point could lead the price to fall under $1.00, marking a new bearish phase. Conversely, resistance at $2.15 is the immediate hurdle. Overcoming this barrier is essential for LSE:ARB to initiate a stronger bullish momentum.
Conclusion: Importance of Technical Diligence
This analysis does not constitute financial advice but serves as a technical overview based on current chart patterns and market behavior. Traders are encouraged to conduct their own technical analysis (TA) and research diligently before engaging in trading activities.
Stay engaged with market trends and updates to navigate the volatile landscape of cryptocurrency trading effectively.
Follow for more Crypto quality chart analysis.
Time to Take Your Money? Tips After $TAO Big Exchange ListingTime to Take Your Money? Tips After GETTEX:TAO Big Exchange Listing
#TAO Hits Binance
Huge props to
@opentensor
for listing TAO on the world's top exchange, sparking an epic season for $TATSU
Peak Price: TAO hit $1,249
Good News for #TATSU : It's looking up because of TAO's success.
Cheers to Early Investors: If you got TAO early, you're in a good spot.
Market Snapshot:
Last 10 Months: +2500% ( 4000% if High Consider )
Last 6 Months: 16x gains
Post-Listing: +35%
Attention: Watch the $550 support. Falling below? Bearish signs ahead.
Strategy Tip: Enjoyed the pump? Consider securing profits. Market dynamics are shifting!
Again Remember Never forget to book profit & Keep tight Stop Loss if you want to Fresh Entry in TAO
#Bittensor #Crypto
EICHER MOTORS Breakout🚀Hey Family, there is a one more stock Which is showing a great opportunity and formed a Symmetrical Triangle pattern, Stock break's resistance zone and retest the resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Is PowerIndia sustain or notHey Family, there is a one more stock Which is showing a great opportunity and formed a wedge pattern, Stock break's resistance zone and retest resistance zone, let's see breakout sustain or not and continuation of wedge pattern. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Premier Explosives Breakout💰Hey Family, there is a one more stock Which is showing a great opportunity and formed a ascending triangle pattern, Stock break's resistance zone let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
MAHINDRA LOGISTICS BREAKOUT🚀Hey Family, there is a one more stock Which is showing a great opportunity and formed a ascending triangle pattern, Stock break's resistance zone and retest resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Is Canara bank ready to moveHey Family, there is a one more stock Which is showing a great opportunity and formed a good pattern, Stock break resistance zone and retest resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
IPCALAB Ascending Triangle Breakout🚀Hey Family, there is a one more stock Which is showing a great opportunity and formed a Ascending Triangle pattern, Stock break resistance zone and ready to blast let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Bitcoin Symmetrical Triangle Fake breakout#BitcoinUpdate | CRYPTOCAP:BTC Trading Insights
Current Formation: CRYPTOCAP:BTC is sculpting a Symmetrical Triangle, suggesting a pivotal movement ahead.
Recent Activity: Noticed a Fake Breakout with $BTC/USDT, reverting to trade within the Symmetrical Triangle.
Bearish Alert: Caution if #BTC plunges below $65k. This level is a critical juncture for future trends.
Strong Support: Steadfast at $65,000. Bulls dominate above this threshold.
Trading Strategy: Hold your trades until a clear Symmetrical Triangle Breakout. Patience is key.
Bullish Outlook: An upward breakout could signify a monumental bull run for Bitcoin.
Engage & Share: RT/Like if you find this setup aligned with your market expectations. Let’s ride the wave together!
DOUBLE BOTTOM ANALYSIS APCOTEXINFD 04-10-2024BUY : 463 TO 400
TARGET : 667 TO 681
Reason For Buying This Script :
In this script it has formed double bottom and it is d called as ABCD pattern in monthly time frame. One neckline barker and close above 562 and the next target up to 667.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.