UnknownUnicorn34628734

UnknownUnicorn34628734 Updated 

Early morning today (11/12/2023, IST), BTC plummeted to $40500 levels and quickly regained the strength. Will a further downtrend expected? Let us see. Technical Analysis: CRYPTO:BTCUSD hasn't fully recovered from the recent fall, currently hovering around $41,800. This is in line with a double top pattern, indicating a potential continuation of the downtrend....

UnknownUnicorn34628734 Updated 

Bitcoin (BTC) surged above $35,000 on October 24, 2023, after BlackRock's iShares Spot Bitcoin Exchange-Traded Fund (ETF) was listed on the Depository Trust & Clearing Corporation (DTCC) under the ticker IBTC. This is a significant development for the crypto market, as it suggests that institutional investors are becoming more comfortable with Bitcoin and that the...

UnknownUnicorn34628734 Updated 

BINANCE:BTCUSDT is approaching higher levels after a prolonged wait. According to the current trend, BTC is likely to reach $39000, possibly even $40000 by the end of this month, followed by a correction to the $34000 range. This could be the last opportunity to maximize the benefits of the upcoming bull run. Starting in mid-December, a significant capital...

UnknownUnicorn34628734

BINANCE:XRPUSDT has been trading sideways within a tight range between $0.64 and $0.68 for the past few weeks, leaving investors wondering whether the crypto is consolidating for another bullish leg up or preparing for a potential breakdown. This article will analyze the technical indicators, support and resistance levels, and overall market sentiment to...

UnknownUnicorn34628734 Updated 

Polygon BINANCE:MATICUSDT is a layer-2 scaling solution for the Ethereum blockchain. It is designed to improve the scalability, security, and transaction fees of the Ethereum blockchain. Polygon has a number of strong fundamentals, including a large and growing community, a strong team of developers, and a number of partnerships with major companies in the...

UnknownUnicorn34628734 Updated 

Will Banknifty continue to fall? On November 17th, the Bank Nifty commenced trading with a downward gap, a consequence of the Reserve Bank of India's decision to elevate risk weight on consumer credit exposure. The index concluded the session beneath the 20-day Exponential Moving Average (EMA), registering a decline of 578 points, equivalent to 1.31%, settling...

UnknownUnicorn34628734

Bank Nifty going red? On November 16, the Bank Nifty opened flat and has underperformed and closed lower by 40 points to 44,162. The index has reached the daily upper Bollinger band 44,400 and witnessed some selling pressure at the end. Technicals : We have seen a bullish pennant forming in Bank Nifty followed by a Double Top Pattern. The surprising element...

UnknownUnicorn34628734

Key Points Bank Nifty opened gap up on November 15th with over 500 points. The index consolidated in the range of 44,150-44,250 levels. Bank Nifty closed at 44,202, up 310 points. Bank Nifty formed a bearish candlestick pattern on the daily timeframe. Support levels are at 43,750 and 43,500. Resistance levels are at 44,352, 44,409, and 44,502. Pivot Points ...

UnknownUnicorn34628734 Updated 

Banknifty will fly up tomorrow? Flash from the past: In the previous session, BankNifty opened gap down with a hangover from the Muharat Trading, but obeyed the support resistance lines and climbed back to the stairs to reach 44000 and ended in a bullish note. It gave perfect breakouts and bulls were in control for a ling time. Technicals: The weekly and...

UnknownUnicorn34628734

Bullish Diwali for $NSE:BANKNIFTY! What happened during Muharat Trading session on November 12, 2023? Bank Nifty started as a gap-up as predicted and closed at 43,996 on November 12, 2023. The index opened higher at 44,050 and traded in a range of 43,920-44042 throughout the session. The index closed above its key resistance level, which is a positive sign...

UnknownUnicorn34628734

Bulls will continue their triumph in the short-mid term? In Friday's session we saw gap down as predicted and formation of triangle and flag patterns followed by breakouts. I hope you all had good profits. Personally I liked the chart and it was remarkable. NSE:BANKNIFTY Prediction for Nov 12 Muhurat Trading Day Bank Nifty is likely to open gap up on Nov...

UnknownUnicorn34628734 Updated 

Descending Triangle Pattern: Potential Downtrend? As discussed in our previous analysis, a descending triangle pattern formed around the major support line. However, due to the strength of the support, a trend reversal occurred as predicted. Now, a similar triangle pattern has formed and the support line has been tested again. This may indicate a downtrend, which...

UnknownUnicorn34628734 Updated 

Descending Triangle Pattern Emerging in Bank Nifty 15-Minute Chart The trading session for the NSE:BANKNIFTY commenced with a bearish sentiment, and the ongoing tug-of-war between bulls and bears has resulted in the formation of a descending triangle pattern. This pattern is typically associated with bearish tendencies. However, it can also signal a period of...

UnknownUnicorn34628734

BankNifty turns bullish as expected! On November 7th, NSE:BANKNIFTY broke through neckline resistance with a bullish momentum candle, confirming the bullish trend that we have been anticipating. The weekly chart shows a rising wedge formation, which could lead to a short-term bullish trend, with BankNifty breaking through 45,000 and reaching an all-time...

UnknownUnicorn34628734 Updated 

NSE:BANKNIFTY BankNifty Breaks Crucial Level, Uptrend Possible? BankNifty opened with a big gap-up today but failed to sustain the 43,600 level initially. However, bulls managed to break the crucial level at the end of the session after many unsuccessful attempts. This is a bullish sign and could mark the beginning of a new uptrend in the market. I have...

UnknownUnicorn34628734

NIFTY seems bullish? NSE:NIFTY NIFTY 50 opened with a gap-up today. The index traded within a narrow range throughout the day, but bulls managed to defend the crucial support levels. From an options trader's perspective, the increase in open interest on the call side at the 19,250 to 19,400 strikes suggests that bulls are expecting the index to continue its...

UnknownUnicorn34628734

Double Top Pattern Identified in BankNifty: Potential Downtrend? On November 3rd, BankNifty opened with a significant gap-up but remained range-bound between 43400 and 43278, forming a double top pattern. This pattern suggests a potential downtrend if market sentiment does not reverse. The neckline support of 43600 on the daily time frame is relatively strong...

UnknownUnicorn34628734 Updated 

Bank Nifty Forms Symmetric Triangle, Uptrend Ahead? NSE:BANKNIFTY Bank Nifty opened with a gap-up on Thursday, following global market sentiments and respecting the support-resistance levels. After the gap-up, the index fell and then formed a small ascending channel, which broke out at the end of the session. On the 15-minute time frame, a symmetric...