create short position if break below 635 target 578.
Bitcoin is making lower low and lower high confirms bearish signal by breaking major support. From my previous analysis, we can see Bitocoin had pullback to $11,000 and price has been rejected from ‘Resistance line made by lower high’ started down trend breaking major support at $9800. Next suport for bitcoin is $8800. We will analyze again,when it reaches near...
On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA,and volume surge on breakout indicate short on Bitcoin.. Target1 9800 Target2 9300 Target3 8800 SL at breakout 10,400. Enter in trade if your analysis matches mine. Please Like for Alerts.
The trend analysis done using few major support lines on daily chart, we are looked into major support/resistance trend line of market cycle trend, long term and intermediate term. Sensex channel has touched high value for all three channel, on 3rd June Sensex touched high value trend line (Resistance) continuing since 2009 and also touched high value uptrend...
As I have said in my last post, it was pullback wave to $10,000 (defined sell zone) and it reversed from there, which is what we expected. Everything is going as predicted so analyze target for new bottom and hope it follow-defined path. The new bottom we are looking here is $8200. From previous up-trend this can be seen as consolidation zone and could change...
Bitcoin is currently placed at support zone and if it falls below above chart shows where it get next support
ICICI can test 405, if we see down trend had started, and we have seen large volume with price decline which shows market has created short on this stock.
Looking at daily chart, LIC housing is in uptrend since Oct 2018 and going up in cyclical very nicely. LICH has recently reversed from new high by resistance trend line showing target of 510 at its support trend line.