1. Nifty is currently at resistance level of 16400
2. This level has been tested multiple times in past, so it is weaker this time. Higher probability that this will break.
3. If it breaks 16400, next resistance at 17000 level.
4. If it reverses, next support at 16200 and then 16000
BTC/USD Chart for next few days
1. Daily chart forming an upward triangle pattern
2. In 1 hr timeframe, we can see rejection of 40000 level.
3. Plan buy only if it closes above 40000 level
3.1. Sell at 42k level
3.2. Sell at 45k level
4. Sell if it breaks upward wedge pattern.
BTC USD Chart level for next few days.
1. The market is currently in no-trade zone.
2. Current prices are at support level. However, it has rejected the 40,000 levels.
3. Possibly, squeeze is going on. If is breaks green support level, we can be bearish.
4. If it breaks 40,000 level, we can be bullish.
