ashisht2

ashisht2

This is 2nd week that it stopped at the supply zone which is at the 0.61 fib this week and the next week it has to clear this off. The 4th week would be troublesome otherwise. Waiting and watching.

ashisht2

On a 1D chart ETH has formed a bullish triangle. A breakout is expected. Bitcoin will bounce too supporting the breakout.

ashisht2

I don't understand why? It's been a decade and everything crypto falls if bitcoin falls. Imo people should buy alts when btc falls and when btc is about to rise, should move out of alts and buy bitcoin. You get better value in dollars. Wright wrong may be?? Comments appreciated.

ashisht2

Needs to close the day above the red horizontal resistance and sustain for a couple of days above to see an upward action. My bias will remain bearish till then.

ashisht2 Updated 

Resembles just like a pole and flag. Broke out of the descending trendline. Thx to #BTC. I am longing for the past highs or new ATH.

ashisht2 Updated 

Nifty set to fall by approx 1000 points in the month of August 2021

ashisht2

2 months since 21st of may, this is stuck in a decending channel. A clear channel is seen on a H4 line chart. Just above it, there is a 0.5 din resistance and above it 50dema resistance on daily. Yesterday's closing candle on daily did breakout of the channel but with a low vloume. Should have been with good vol. Let's see if this breaks all of them and move up...

ashisht2

For me 20-30 points is nothing when it's an index. Profit booking is obvious and when you can fomo think of the other side...and fii sell off..

ashisht2

We must admit that we are in a bear market. Every bounce is a short opportunity. Do not keep yourself in anykind of a dream or illusion or a fomo. Relax !! If you are not sure simply do not trade. No trade is sometimes a wise trade.

ashisht2 Updated 

On a weekly chart bearish divergence has been formed on MACD, RSI, and Money Flow Index.

ashisht2

Nothing much to say chart pattern looks week to me so much that will make new lows

ashisht2

Left shoulder and head formed. right shoulder up to the levels of left left to be formed and we go down.

ashisht2

Head and shoulder seem to have formed driving back to the lows of 30000-31000

ashisht2

Please refer to the chart, it might seem like what the heck! But its useful anyway.