Bullish structure broke down from price 2.70 which was a critical level. Reasons: 1. Rsi divergence 2. Price broke down and made lower high 3. Fib level confluence at 2.70 to 2.10
to 9291 and then drop below today's low to 8894. Reasons: 1. 50% Fib ratio confluence 2. Rsi divergence 3. Price trending downside in a bullish parallel channel 4. Strong demand zone at 8894 which is the 69 pool street of death zone.
to the downside and price currently holding to retracement below the upward parallel channel. any moment price moving 185 and lows then huge crash ahead 50% to price at 150. Reasons: 1. Rsi making higher lowe with divergence 2. Price structure broke to downside of the upward parallel channel 3. Holding pullback level 189.80
ETHBTC Daily. Price at 0.02574 seems to be bullish. momentum will favor after taking a small dip around 0.02156 then a little push up to 0.02826. As we can see already bearish structure been broken and took support at first leaner resistance converted into strong support. Reason: 1. Price entered into a new bullish phase breaking bearish structure. 2. There's a...
Reliance ind looking bearish. Reasons: 1. Double top and it may create another top including that top it will be triple top then. 2. Bearish divergence on the Money follow. 3. There's a possibility retracement at 1370 before moving up. 3. There's a strong demand zone at 1259.
#Bitcoin seems strong bullish to me 10k and 10.5k extension up move easily possible if 9150 holds. #BitchCoin running.
Price coming to 7916 taking support at the same spot and then moving up 9423 till 10188. Reasons: 1. this analysis based on S/R Followed by price structure.
1825-1850 easily possible. Reasons: 1. Rsi at oversold condition. 2. There's a abcd triangle pattern. 3. Gold is always precious.
JPYINR 4H. looking clean for a short setup. Reason: 1. I'm already in.
EOSUSDT Daily. 2.9390 is a strong resistance if that resistance 2.93 and 3.18 rejects price to up word then we will see another bottom at 1.63 till Jun 15/2020. Reasons: 1. Price following through a narrow parabolic channel. 2. Price is still making lower low on HTF. 3. Assuming Rsi will be at overbought condition when price reaches to resistance zone 2.93.
USDINR where it's heading next? Put your opinion we will discuss if possible.
It would be really interesting if GBPINR moves in this parabolic circle. 93.59 is the zone to decide which way. 94.95 and 96.13 basically will be round up level.
Finally, That long consolidation pattern broke out and the price seems to respecting 75.84 level which crucial to maintain further up move. if it happens taking support at 75.84 then 77 and 78 on the way. Reasons: 1. Price broke out the long consolidation pattern Triangle, pennant . 2. Keeping in that RSI still deviating but price structure is still bullish . 3....
I'm seeing this graph is so convincing than anything else available in the market.
Since BTCUSD follows the parabolic trend and leaner support hope this strategy would work out.
Broke out structure seems bullish momentum fade away. price may consolidate in between for for sometimes and then drop below 5k and 4k will be next. Reasons: 1. Price broke out structure 2. 7k to 6k There's a consolidation momentum from bullish bias. 3. Swing short is on.
I'm having bearish sentiment. Reasons. 1. Usdinr at lifetime high. 2. Rsi strong bearish divergence. 3. price is in a consolidation triangle zone. Question is, which way? I'm seeing probability is downside as per ordinary theory.
JPYINR rolling in a falling trend channel and created a small H&S in the 4h time frame. Target 67 and 65 till April month expiry. Reasons: 1. JPYINR rolling through a falling trend channel. 2. Price created a small H&S in the 4h time frame. 3. Indian Equity market doing nice recently.