UPL is forming Higher Highs formation, Now stuck near 500 mark If breaks the trendline & holds below support level it may show correction However if sustains above Resistance level, Upside Recovery may also come Keep Tracking Charts *For Educational purposes Learn and Practice Price Action Setups
- OP is currently trading at 3.3$ at the time of publishing this - Layer 2 has a powerful narrative because VanEck expects Layer 2 as a whole to grow more - Technically L2 looks solid and if you are already holding OP then continue holding this - If you want to add OP, let it breach 3.6$ or its previous swing high first post that we will evaluate again. As of...
Market touched new milestones at the start of the week Nifty Bank index also made fresh ATH of 48,716 But profit booking at higher levels erased some of the gains After sharp upside rally from past few sessions, Pullback is also pending Track for Bullish Pattern at Dips *For Education Purpose Practice and Learn price action setups
- AAVAS has reacted from its demand zone - It is now up more than 10-15% now - If you are holding this then you can lock in some gains - If you are planning to enter then wait for a retracement
Stocks to keep in Radar for Next week 04 * For Education Purpose Practice and Learn price action setups
- Gold has shown a very impulsive move from its point of release - Gold can continue its impulsive move for long as well - However, when a ball bounces hard gravity always pulls it back again, apply the same concept here when you think about getting in the middle of a Trend or at the Top - Similarly wait for a pullback if you are looking for fresh longs. - If...
- Dollar Index took out Liquidity from its previous swing high and reacted after grabbing Liquidity - Equal Interim highs are now made and the reaction is bearish as well - I expect the next two candles to be red or bearish and the price should continue to fall further, anticipating good numbers from the US it's going to be negative for USD and positive for Stocks/Crypto
Clear BO of CnH pattern with a retest done. Now the price must sustain above 544 for further up move to happen. SL and potential possibilities marked on the chart. Always best to trail the SL to preserve profits. --- --- --- When losses can not strip you from your well-being, you know you've matured as a trader. - Yvan Byeajee
Nifty witnessed both sides momentum on Expiry Day Today was a Trending day * For Education Purpose Practice and Learn price action setups
The Bank Nifty also showed Range Bound movement ahead of the RBI policy Outside the Range of 47000 to 48000, directional movement is expected In between, look for Patterns confirmation *For Education Purpose Practice and Learn price action setups
ATH breakout of BSE. BSE just broke the upper resistance level of 2600. the volume of the breaout candle is also good. but it didnt consolidate before breakout. so there is a chance that BSE will move in a range for a few days after breakout. and after that if it makes a positive price action, we may go for a long entry. Disclaimer: All information provided here...
- XRP is currently trading at an excellent Zone - XRP can easily move up to 0.90$ soon post this breakout - Accumulating 50% looks good to me at CMP - If you are already holding XRP then keep holding this
- Graph is an AI Theme Crypto with a very strong Market Cap of 3.7 Billion $ - The AI narrative will only get bigger with time. - If you are already positioned in Graph then simply hold it only if your horizon is 2-3 years - If you are looking for swing entries then 0.35-0.39 can act as a very good POI - Graph is a narrative-based crypto one strong narrative...
- Ada is fundamentally very strong - I will lay out my overview on it for the next 2 years. - If you are holding this from the bear run then don't sell it carries a great potential - If you are holding this from a Trading perspective then it's better you look at 0.57-0.63 - My POI for Cardano is 0.57-0.63$
- GMT looks good to me after looking at it's recovery from the recent drop it made - IMO GMT can move 50-100% up from here as long as Bitcoin stays up or sideways - Your holding period in GMT should be for 3months at least because I don't believe in overnight pumps - Don't risk anything in crypto if you can't afford to lose the same
- I have two possible scenarios for Bitcoin - Firstly, I think Bitcoin can easily retrace back to 67,700$ and continue the bullish momentum from there - Secondly, I think we can mitigate 75,000$ or a little above that and retrace back to 52,000$ during or post halving
- Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30% - I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall - 58,000-60,000 looks like a Magnet to me - 52,000 looks like something...
- Avax performed very nicely and bounced back very strongly too from the Bear Market - The weekly chart for Avax clearly shows that it has broken all its overhead supply - The only thing that can help you enter Avax next would be a great retracement back to the zones I have mentioned - 20-30% RETRACEMENT from an Investment perspective should be an opportunity...