hihello007

hihello007

Bearish Butterfly Pattern. Take Trade with Tight SL.

hihello007

Near Short Term Resistance. Wait for Reversal if any.

hihello007

Volume was Humongous. Start Accumulating for Long term. Safe investors can wait for few candles or buy above 1900 on closing basis. Price might go into sideways is later months.

hihello007 Updated 

Price at 3 supports. Fibonacci Gann Horizontal Next couple of weekly candles will decide direction of price. Consolidation might happen in 23.60% and 38.20% levels. Look for Investment opportunities. Closing candle above 23.60% level will indicate some bullishness. Although current candle closed below 2/1 line, lets hope it doesn't test 3/1 line...

hihello007 Updated 

Breaking Below Black line (WEEKLY) Opens support S1. Further breakdown opens support S2. Wait for Consolidation then invest when price retests red line.

hihello007

Currently in downtrend. Bullishness only when breakout from channel and red line will be resistance. Since dollar crunch is faced by everyone, dollar is getting dearer. If CBDC starts getting momentum then dump BTC also. Other Cryptos are not worth analyzing. Only do intraday trading with money earned from PROFITS in other scrips.

hihello007

Price at Fibonacci Level. RSI also Near 30, it needs to cool off a bit. MACD also not very promising. Short term reversal can be expected. Green Line and 15100 are support. Candles may cut 15100 by 100-150 points. This is just normal business cycle.

hihello007 Updated 

Levels as per chart. Pullback till 16800 in near term if daily closing below green support. Sustaining above green line will push market till 18350 again

hihello007 Updated 

50% retracement can't be ruled out. Each Fibonacci level is support as always.

hihello007 Updated 

More the federal reserve sucks dollars, more the countries will spill out dollars in phased manner. Weekly chart is in channel. So pullback expected till middle band of channel. Green Line on chart is big technical support. Pullback also expected due to 38.2% level. ( OR 50% level ) Rise in crude prices creating dollar demand, so BTC is not rising very...

hihello007

Price is currently at support zone. At good valuation for investment purpose. Accumulate slowly. Look for big Volume . Later book profits at yellow lines. Red line might cause short term hurdle.

hihello007

Price nearing at bottom of channel. Wait for reversal if any. Using price action and volume take bullish trade or No trade. Take only swing trades, No investment.

hihello007

IF price RETURNS to upside from bottom of channel or middle band, Then look for investment opportunities.

hihello007

If price closes below 3/1 line, then after retest it will touch 4/1 line which is acting as long term support.

hihello007

Normal trend line breakdown - retest pattern. Price might move till 685. Then based on RSI price might move till 660-650 again. Keep booking profits at appropriate levels.

hihello007

Weekly closing below red trend line, will indicate strong weakness. This line also coincides with Gann 2/1 line. If price closes above ~864, then after retesting it might march towards 1033. RSI is also moving in channel and currently at PEAK.

hihello007

Breaking below green trendline, will make it future resistance. Expecting upside move OR doji candle based on RSI only. 1600 is strong support. In case, go long at 1600 for swing trade if market sentiment is bullish/ neutral. Bearish divergence might lead to downtrend till 1300 but in medium term, be advised.

hihello007

Generally 50% retracement of CD line. IF sustains above Black line (WEEKLY), then might give bullish breakout.