Looks like we are still on a sell countdown. support and resistance zones and projected targets are marked. Disclaimer: The author is not registered as a securities broker-dealer or an investment adviser either with SEBI or any other government agency. All views expressed is based on the author's technical analysis. It is highlighted that Investment/Trading in...
Short target: between 52,450 and 49,300 Level Long Target thereafter: 66K range
Ascending triangle formation on hourly BTC:USD chart. Expected First Target of USD 53,300 range Expected Second Target of USD 54,000 Range
Target of 83 based on the previous move between 27 May to 8 June. The Chart indicating a buy setup with a number 4 Green Candle, with a MACD convergence. Further, RSI indicates that the stock still has momentum as it is neither overbought or oversold. The price can be expected to reach the target around 23 to 24 June as per time analysis. Disclaimer: The...
Target of USD 38,303 on One hour
BTC USD will hit a target of USD 19,788 on CEX.IO after which it should retrace to USD 18,836 or USD 18,256. Disclaimer: The author is not registered as a securities broker-dealer or an investment adviser either with SEBI or any other government agency. All views expressed is based on the author's technical analysis . It is highlighted that Investment/Trading in...
Basis price action between 18 May to 01 June Long position Exit is forecasted around 6190 supported by the fact of MACD, RSI Stochastic and the buy setup candle is still at 6. Accordingly time of exit should be reached around 23 June to 24 June. Following strategy upon retracement post 24/25 June: Short position Entry at 5877 with SL 5895 1st Cover at 5585 2nd...
Target: 35.40 SL: 31.5 Disclaimer: The author is not registered as a securities broker-dealer or an investment adviser either with SEBI or any other government agency. All views expressed is based on the author's technical analysis. It is highlighted that Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of...