Bitcoin Technical Analysis & Possibilities - Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations
- However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well
- The fundamentals of Bitcoin looks good with no bearish scenario looming over
- ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because of this reason being ETH money inflow will increase
- Watch out the zones mentioned and make sure you manage risk
Vktradesimb
Crypto Total Market Cap Analysis- The next wave for crypto Total Marketcap is going to be huge and parabolic
- It will be very important to see how the market reacts from zone and whether it can hold the level of 2.1 Trillion or not
- New Highs for the total market cap is programmed anyways but its crucial to understand how the reaction will be from the current price action
- Altcoins are currently sitting at a very nice zone and I still think accumulating Alts here will be very profitable and helpful
- Make sure that you are accumulating good Altcoins, Bitcoin, and Ethereum in Spot.
Bitcoin Technical Analysis- Bitcoin is currently hovering around the zone of overhead supply
- Bitcoin can keep consolidating or move sideways here and that's going to help Bitcoin throw up or shoot up big
- If Bitcoin gets rejected from here we can see an easy retracement to 65,000$ and then continue to move up
- Avoid leverage like I always say and try building/holding positions in spot
- Spot will save you from volatility much better than leverage if you still want to use leverage don't go beyond 2-3X
BOME MEME COIN CRYPTO SWING LONG - Bome is a new crypto theme and these meme coins work in a theme only theme new names new hype new money infusion
- From meme coins, your only goal should be to maximize as much as possible and not get in love with it or keep it in your portfolio forever
- Have a small allocation of 5-10% on your overall portfolio and forget it
- Bome is looking good for a swing long you can watch this base out and think about adding this as a positional or swing long
- Keep your risk as low as possible and do not breach your risk on the trade
Bitcoin Dominance Altcoins Update - Bitcoin Dominance is currently looking bullish on a daily timeframe
- Bitcoin Dominance bearish is a green signal for Altcoins holders
- Once you see Bitcoin Dominance getting rejected from the 56-57% level altcoins will recover the partial dump they all made recently
- Altcoins bags exposure will be right once you see dominance trading at supply
- Buying altcoins when Bitcoin dominance is trading at demand is always a bad choice
Aptos Swing Long Positional Trade - Aptos is currently trading at its weekly demand zone
- Aptos is fundamentally strong with a good development team and the only thing that is a little concerning is its total supply and its unlock
- From a technical perspective I find Aptos trading at an extreme zone
- Watch out aptos at this zone you can add positional swings
- I see an easy 100% from here in a quarter
US 100 Nasdaq Trade Idea Setup - The US 100 looks better to me when compared to the US 30 or Dow
- Nasdaq can keep outperforming so your bias should be bullish
- The focus here shouldn't be to keep shorting every top you see
- Rather focus on deep retracements and make sure the structure doesn't change
- Refine your charts on a shorter timeframe and make sure you see a strong base everywhere
AGIX/Singularity Trade Setup Idea - I sized out of Agix around 25% gains
- Agix has shown an impulsive move and it's up 400% now
- If you are holding this and have made a decent gain out of this then make sure you lock gains out of this
- Do not enter here it will retrace soon
ADA/Cardano Trade Idea Setup- Ada looks all set for another 300% rally, but this doesn't mean you add it wherever you want to
- Ada can easily mitigate 1.2$ soon followed by small inducements
- Ada is fundamentally strong your goal should be to accumulate Ada under 0.50$ as much as you can
- The setup currently isn't suitable for entries however if you are holding it already then keep holding it if your horizon is long
AAVE Trade Idea Setup - Aave Trade Idea currently looks strong
- Aave has currently started moving impulsively but don't forget that the last rejection was also an absorption of sellers
- Once you see Aave consolidating more near the supply that's where you BIAS will become more bullish
- Always keep locking in gains if you are a trader
Nifty 1D Trade Idea- Nifty on a 1D TF is trading near a very crucial supply zone
- Now the thing to notice would be how it reacts from this zone
- I would insist everyone stay cautious and not fall in the trap of making something when the risk is too much
- It can be very risky to initiate future longs here when you can see Nifty hovering near a supply
- For longs risk here is almost 10% and reward stays around 2%
- Logically shorts are more favourable than longs
Agix Trade Idea Update - The AGIX trade played out exactly as expected
- I firmly believe that AGIX can take out its previous highs as well
- It's going to be important to watch how AGIX plays out in the retracement
- Don't fade out your investments if the market retraces a little
AVAX/Avalanche Trade Setup Idea - Avax has a decent structure, I would rather call it bullish
- Avax can easily pierce through 52$ but that's where you will see the catch and some retracement
- If you wanna swing Avax try entering it now so that you all can easily skin out 20% in the euphoric move
- Avax usually moves up with all the major alts
- It can shoot up 20% anytime #avax #avalanche
HDFC BANK Trade Setup Idea - HDFC BANK is currently trading 6.8% from my previous short analysis
- HDFC Bank can soon present a bullish scenario grab some orders and then flush out all the FOMO buyers
- IMO 1100-1250 is a very strong demand zone for HDFC bank
- HDFC bank can soon present an opportunity to bag it at cheap price
- I am still heavily bearish on HDFC
- Demand - 1180-1260, 700-850
- Supply - 1500-1600
US 30/ Dow Jones 1D Trade Setup - The US Index is currently trading on its All-Time High
- From a Trade Perspective, I would like to wait and watch out what the FED delivers in the FOMC statement
- The rate-cut bets are now fading away and making it look tough for traders that the FED will cut rates
- Inflation is currently sitting at 3.4%
- Cutting rates fundamentally doesn't look feasible as long as the FED doesn't achieve its target of 2%. We can see a mid-cool-off when FED achieves 2.5% once cut and maybe aggressive hikes post that along with some pause
- From a Trading Perspective, I would like to wait for a liquidity grab and then execute orders depending on the price action
- The inefficiencies currently look a little untapped, once the price taps it, I will start looking for longs
- DOL on this still needs to be tapped before you look for long
- Shorts on a scalp basis are preferable but don't swing short in a bull market
Metrobrand Swing Long Setup - Metrobrand is currently looking perfect for an entry
- Kindly note that this stock is highly volatile and quite fast in liquidating stops
- In order to avoid that prefer entering once the liquidity grab is done
- I would suggest keep your risk low in every setup as I am bearish on the overall market
INOX Leisure Swing Long Setup - Inox Leisure is setting its base quite nicely
- I think if you are planning to buy a stock for a mid-term or short-term swing then you should go with this
- Inox in the next retracement can throw up big before that a Liquidity Grab is necessary
- Don't risk anything more than 2%