UPL, Stocks to keep in Focus for Upcoming sessions 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
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Learn and Practice Price Action Setups
Tradingsignals
OP Technical Analysis - 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 now, I would highly recommend that you wait for a retracement first
Bank Nifty also reached near All time Highs zone 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
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XAU/USD Gold Technical Analysis - 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 you are already holding this continue to ride you winners
DXY Technical Analysis - 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
CnH BO with RetestClear 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.
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When losses can not strip you from your well-being, you know you've matured as a trader.
- Yvan Byeajee
BankNifty is showing consolidation ahead of the Imp RBI policy 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
BSE ltd positional trading ideaATH 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 is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets.
Graph Technical Analysis - 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 can make this jump up to 20-30% in a day
ADA/Cardano Technical Analysis - 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 Trade Setup - 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
Bitcoin Retracement Loading - 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 that can make Bitcoin's next move the biggest impulsive move ever seen
- Do not invest Blindly if you don't understand the schematics and the risk involved in Crypto Currencies
Avax Trade Idea Setup - 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 for you and not a Panic scenario
Polkadot Trade Setup - Dot is a robust project and has a strong roadmap for the upcoming years
- I have marked some key areas where you can think about accumulating DOT, kindly consult your financial advisor once as well
- I will personally be investing 80-120k in DOT in this dip because of its underlying fundamentals
- I have marked the important key zones for your reference
- From an investment perspective make sure your horizon is 3-6months and not 3-6 days
- From a Trading perspective 7-8$ can be a solid zone to accumulate DOT as a swing trade
USDT Dominance Trade Setup USDT Dom plays a very crucial role in the Crypto space
- I see this factor always not being talked upon
- When you see the USDT dominance index increasing this simply signifies that people are liquidating their positions and turning their accounts to FIAT
- Social Media influencers barely talk about this rather all you see is SHIBA inu to the moon or this that to 1$.
- Educating yourself is more important when you have money invested in a risky asset class
- IMO the chart looks very simple and it was very easy to plot the value zones you can see how well it grabbed liquidity and reacted to it
Bitcoin Trade SetupBitcoin is currently trading in a crucial zone
- Logically I think Bitcoin's price has not retracted a lot which is necessary
- Coming back to our thesis, if you are holding Bitcoin then you still can
- If you want to trade Bitcoin I think 59,000-64,000$ can be a great zone to accumulate it with 50% of your total investment value
- If you want to accumulate altcoins by looking at Bitcoin's price then my opinion would remain the same. However, you must consult your financial advisor before making any investments
Aptos /APT Trade Idea Swing Setup - Aptos is fundamentally a very solid project
- Technically, IMO we can see Aptos moving above 20-25$
- I have shared my accumulation zones that might help you if you are interested in buying Aptos
- However, if you are holding Aptos then it surely has a lot more to present so it's better if you try holding for longer only if you have done your fundamental research
- If you are capital hungry then keep locking in gains
Bitcoin Dominance Trade Setup- Bitcoin DOM is currently moving sideways but BTC DOM itself can help you easily predict where the money is going to flow next
- With the help of this correlation your bias becomes easier and you know where to focus instead of just technical analysis
- If BTC Dom starts moving up from here then you need to stay a little cautious about your Altcoins entries, I would suggest having patience and letting it soar until you see it getting rejected
- If BTC Dom starts to move down impulsively all you have to do is let your winners run and if you don't have any then focus on building partial SPOT Swings.
- Risk on the table shouldn't be breached or expanded if you can't handle it.
Social media outlets are good at portraying and making Trading look pleasing and flashy whereas the real meat is boring and time valued majorly