Ethereum 1D Technical Analysis & Commentary- Ethereum is currently trading at 2448$
- Ethereum has been moving in a range since August 2024
- Ethereum has also underperformed Bitcoin after its ETF approval that's another thing to notice
- Ethereum/BTC has been slaughtered like anything and that's another way to track when ETH will outperform BTC
- ETH/BTC is currently in a free fall and I see 2 Major areas where I expect a reversal from
: 1st - 0.029
: 2nd - 0.021
- Ethereum's ecosystem and Altcoins will only pump hard the ones related to the ETH ecosystem when we see Ethereum flipping 2800$ and making a weekly close above it post that we might see a strong recovery in Alts like OP, ARB, Matic, and so on.
- Meme coins based on the ETH ecosystem are already performing nicely, but if ETH takes over then they will also turn parabolic so watch out PEPE it's a narrative play
- Ethereum has started building a base now, the bigger the consolidation the larger the expansion is going to be, mind that
- Spot Ethereum accumulation at this price is best from a conservative approach you can easily expect 100% in a quarter if your average price is 2500$
Vktradesimb
Bitcoin 1D Swing Trade Setup- Bitcoin is currently trading at 62,826$
- Bitcoin showed us an impulsive move yesterday where we saw BTC jumping from 59-63k straight
- Bitcoin in this impulsive move had made a Fair Value Gap on a daily chart
- For a Market Structure shift BTC needs to flip and make a weekly close above 66,598$
- If you are looking to build less leveraged longs then focus at 61,354$
- Market Structure will flip bearish once we see a weekly close below 58,000$
- If we look at the lows made recently BTC is still intact with a lower high structure the lows are also getting bought back impulsively
- Manage risk properly that's the ultimate mantra
RHIM Swing Long Trade Signal- RHIM is currently trading at 596
- RHIM is building up a very tight base followed by a Higher low higher low structure
- The last candle was a huge imbalance and that will soon get filled based on that we can see a rebalance of price up to 620-640
- Accumulation Zones: 585-595
- Stop Loss - 567
- Chase - 10%
Alembic Pharma Swing Long Setup- Alembic Pharma is currently trading at 1242
- Alembic Pharma is compressing and I think it can shoot up more
- The Pharma Index has been outperforming for weeks and I think it still has a lot of upside to move up
- 1177 can be a very good zone to look for longs and if you are looking for swings
- Invalidation below 1120 manage risk
Bitcoin Swing Long Update - Bitcoin is currently trading at 62,777$
- Bitcoin followed my path and filled the Fair Value Gap
- Bitcoin didn't shift its Market Structure as well and we are still Bullish unless we see a weekly close below 57,500$
- Bitcoin can easily shoot up to 64,000$ first and then we might see a small retracement that can induce BTC a little and post that we might see Bitcoin mitigating 69,000$ soon
- On the other side, we have a War ongoing and the Economic Data also came in good for the US so the flows into USD increased and this also led to the DXY pumping hard
- However, at the same time US Indexes jumped as well so this week will be very important for the overall market and how the war unfolds.
Bitcoin Swing Long Update & Levels- Bitcoin is currently trading at 61,739$
- Bitcoin has filled my Fair Value Gap, I want to see the reaction and its behavior after this
- We can see a Market Structure shift below 57,500 if we witness a weekly candle below that and the structure is going to turn bearish
- Watch out for Spot Accumulation around 58,000-60,000$
- Bitcoin can move impulsively from here as well if the War news gets digested and we see markets bouncing back by next week
- The first 2 weeks have always been bearish for the overall crypto market so we need to factor in the same.
Nifty Swing Trade Levels Long/ShortNifty is currently trading at 25,856 and is down 1.23% as of today
- Nifty has a bullish Fair Value Gap of 25,600 and that might soon get filled
- Nifty was printing highs back to back and this euphoric rally had to fade off hence the bloodbath
- As long as the market structure stays intact and doesn't shift the bias will remain bullish
- Don't be a perma bull as well or try to find long setups in every dips accept the structure and don't do anything against it
Bank Nifty Levels and Technical Analysis- Bank Nifty is currently trading at 53,043 as of today and is down by 1.5%
- Bank nifty took out buy-side liquidity and trapped many buyers but at the same time the market structure looks intact and bullish
- Bank has a huge displacement around 52,000-54,000
- Bank Nifty might move after filling the Bullish Fair Value gap which is lying around 52,300-52,600
- Bank Nifty can make another higher high post that so be cautious and wait for the price delivery to purge your point of interest
Navin Fluorine Swing Trade Setup- Navin Fluorine is currently trading at 3429
- Navin Fluorine has an inefficiency of around 3200-3300 and you need to wait for the price to mitigate that
- Navin Fluorine can easily fill the bullish Fair Value gap and inefficiency to balance the price and then finally move up
- I will be keeping Navin Fluorine on my radar once it approaches my level
- Advice: Money is made by sitting not trading, so wait for the right opportunity and then capitalise that's all I got for you folks.
Ethereum Swing Long Update- Ethereum is currently trading at 2697
- Ethereum is highly undervalued in this current market scenario
- If we compare Ethereum with other Crypto Majors Bitcoin Solana XRP all of them have recovered massively but Ethereum is still down by 30% from its recent swing high
- Ethereum needs to flip 2800$ and its going to be an important zone for ETH to flip for an impulsive leg towards 3600$ where we saw ETH last time tanking from post the ETF Approval
- If you are looking for Spot Buys then watch out 2550-2620$ I don't think we should fall below 2300$ but if we do you know what needs to be done
- Watch out for spot bids and don't try to short the market in every rise you see, you will get liquidated very bad
Near Protocol Swing Update - Near Protocol is currently trading at 5.3$
- Near printed 52% from my previous call out and now I believe the time has come when we can see it retracing back to the Bullish Fair Value Gap drawn
- The pump and the move were quite impulsive and if you didn't catch it at its base there is no point in catching it this late
- If you are interested in buying Near then it is better you wait for conservative entries and wait for the FVG to get filled first
- Till then sit at the sidelines
PEPE Swing Long Trade Update - Pepe is currently Trading at .00001057
- PEPE has shown impulsive moves and still is showing the same for the past 2 days
- It will be essential to see how the weekly candle closes for PEPE
- If you are holding Pepe then continue holding it as I think we can soon see this pumping another 30% from here
- Now let's talk about the odds if Pepe doesn't pump from here we can even see this dumping towards the FVG it has created and I think that will be a very conservative entry
- If you are looking for Spot Accumulation then make sure you wait and look for a conservative entry
Ethereum Swing Long Update - Ethereum is currently trading at 2563$
- Ethereum can soon outperform BTC once it flips 2800$ on a weekly time frame
- As a trader, you should wait for Ethereum to fill the FVG that's sitting on 2490$
- Deeper retracement will lead to an impulsive move towards the upside
- Make sure to add more size in ETH once you see it below 2500$
- I am anticipating Ethereum to easily print 3600-4000$ by the end of October
- For leverage traders watch out 2450 and try to make your entries conservative if you are using 2-3x leverage anything above that can be very risky
- Look for longs more because the market has a lot to recover in the last quarter instead of falling from here
- I don't think we should be falling from here anymore like we did earlier, small retracements and sudden retracements are fine in a bull market but as long as ETH isn't above 5000$ we cant consider this an altcoin bull market
- Trade safe and use logic - VK
Solana Swing Long Update - Solana is currently trading at 147.6$
- Solana is up 15% from my call out
- Solana can easily purge 160$ and above
- There are 2 paths that Solana can follow first where we see it retracing back to 135-140$ and the moving above with more strength, second path where we see it moving up to 160$ without a stop and the retrace back
- I will wait for Solana to revisit 135-140$ and that's where my first point of interest lies
Near Protocol Swing Trade Setup- Near Protocol is currently trading at 4.5$
- Near can soon purge 6$ and above if you have a decent time horizon
- Near Protocol can present a very good entry if we see it retracing back to 4$
- Bullish Oblock present at 4-4.1$
- Refine your entry location and see the change in your trading
- Money is actually made by sitting and not trading wait for the market to present you an entry
Bitcoin Dominance Bias Update + Altcoins Rally - Bitcoin Dominance is currently trading at 57.58%
- Altcoins will only trigger a rally when we see BTC Dom triggering a sell-off and bearish trend
- Bitcoin Dom has shown a very minimal slowdown and retracement that's leading to altcoins jumping
- I will be more interested to see BTC Dom breaking down and changing its Market Structure and that's where you will see Altcoins jumping more harder.
- Wait for a structure shift beneath 54% and claim back to 55 and then again a drop that's where we will see huge expansionary moves in Alts
- Q4 has been very bullish in the past expecting the same this year as well.
Bitcoin 4H Swing Update Bitcoin is currently trading at 62,836
- Bitcoin needs to flip and close above 65,213$ to flip bullish and discover new prices
- On the downside, we can soon see 61,300$ getting tested before we move further impulsively
- Bitcoin followed my old path exactly the way I had predicted it to follow
- Majorly Twitter and a lot of social media outlets were bullish when BTC was trading below 58,000 and that's where accumulation was witnessed and shorts got trapped
- Learning: In order to make money in Spot from the crypto market you need to stop doing what the 99% does in order to succeed and then only you will make extravagant money, Q4 & Q1 has always been bullish for crypto according to Seasonality
HDFC BANK Swing Long Update- HDFC Bank is currently trading at 1742
- HDFC bank followed my plan exactly the way I had predicted and anticipated it to play out
- HDFC Bank is now approaching a decent supply zone where we can possibly see a reaction from 1764
- HDFC Bank has printed and pulled Indexes too once this starts to cool off market might give a sudden downturn move watch out
AVANTI FEED Swing Long Setup - Avanti Feed is currently trading at 684
- Avanti feed recently made a high where we saw it moving up impulsively and it continued to rally for weeks
- Post the rally we saw prices taking healthy retracements and it's trying to form a small base now
- If you look at this small range a lot of scalpers might have got trapped with the wick shown as Sell Side Liquidity or if you look at the basic support which a lot of retailers consider
- Before looking for swings and positional plays make sure that you wait for the base to mature first and then take entries as of now try to learn and understand the price delivery
- I will post another update once I see this ready for an upside if it does before that I will scout another stock, till then trade safe manage risk and stay tuned
LODHA Swing Long Setup - Lodha is currently trading at 1281.75
- Lodha is trying to form a base and move up towards 1320-1360
- Lodha can easily shoot up above 1400-1440 as well
- Now from a position and entry perspective wait for the next liquidity grab when you see Lodha reacting from the Oblock again
- Invalidation below the last 2 wicks
Apollo Tyres Swing Long Update- Apollo Tyres is currently trading at 526.7
- Apollo Tyres already gave an upside of 4% from my entry and now it is setting up for a huge expansionary move
- Apollo tyres will be at a lovely spot if you see it falling back or revisiting 512-519
- I will be interested to see Apollo tyres revisiting the same area to add a huge size
- Please don't add size or take entries based on my opinion try to first manage risk according to your corpus and make sure you don't follow my advices blindly
- Overall invalidation of this trade will be below 497