Tradingsignals
Bitcoin major market update - PAY ATTENTION !!!Bitcoin market update: Btc currently is trading at 20.7k and is in our demand zone market out previously. This zone of 16.9k - 20.1k is major point of interest currently, considering it’s also the previous all time high from the rally of 2017-18. If bitcoin holds this level we could see a retracement towards the 61.8 fib level(27.3k) to 28.5k - 31.58k supply zone. Where we could see #bitcoin tumble back down towards 12k should this happen. We are no where close to the bottom or end of the bear market, which in our opinion could last for another year or so.
Fundamentals: High inflation
Money gap
CME futures gap at 12k
Cash grab and hodl for bigger players until the dust settles.
Update: BTC broke $ 20000, what' next?so BTC followed the projected path! there seems to be one more small push down before some relief is seen.
the relief could be a wave (iv) in blue or alternatively a bigger bounce (which remains to be seen that its a bullish reversal or a wave 2 rally only to fail and continue the decline down later).
Trade safe!
Petroteq Market GraphPetroteq Energy Inc. holds a significant position over the TSX-V market with its greater difference between the lower and higher ranges of trading, which is $0.27-$0.29.
BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [06-06-2022]NSE:BANKNIFTY
BANKNIFTY is signalling a negative start by -200 -- -300 points
Bank nifty and nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
Happy trading & keep learning
NSE:NIFTY
NIFTY is showing a negative start by -100 points
all major support and resistance is marked on this chart added
Happy trading & keep learning
POWERGRID Resistance BONSE:POWERGRID
#NSE:POWERGRID has pickup good volumes and BO the resistance level in this bearish market too.
Positional Can be added @ CMP and SL 237.
Delivered good levels in this bearish market and bagged decent profits,
check our results in the signature column.
#UPL 17K
#FEDERALBNK 15.5K
#IRCTC 2k
#GODREJPROP 4.5k
#HCLTECH 7.5K
Happy LEarning.
PIDILIT INDIA to take long entryWe have chosen to go long in this bearish for Pidilite India. Long above 2340 TGT 2400-2425-2450 with SL of 2300. The bullish candle has been seen during closing hours and reversal has also been seen during closing candles of the day. RSI also reversing. In this bearish market once the stock move from the buying range to keep safe please trail the SL. This is for your educational purpose only.