praveensam001

praveensam001 Updated 

Hi all!! Good day! In my previous post , I explained about how the bitcoin parabolic move could end and mentioned the targets and now the target 1 is reached which eventually gives the good Short opportunity. Find the short position targets in this chart. Let me know what charts to be analyzed in the comments. For more updates, follow me here . ~RPS~

praveensam001 Updated 

Hi all!! Good day! In my previous post , I posted a possible Short opportunity in bitcoin. Any professional trader should have two scenarios to watch: both Bullish and Bearish. So, here's is my alternative scenario which is bullish. And I'm sticking to the same target where I mentioned in my previous posts . Find the Sell Target, Sell Zone and the Stop Loss...

praveensam001 Updated 

Hi all Good day! In my previous post , I mentioned Head & Shoulders Pattern was forming. But the pattern was invalidated by breaking the shoulder line. Now we are forming the "Inverse Head & Shoulders Pattern" in the chart. The neck line should be broken to confirm the pattern. As you can see in the chart, the head and shoulders top is used to predict...

praveensam001 Updated 

Hi all!! Good day! In Bitcoin charts, familiar Head & Shoulders Bearish Pattern is forming. When the price action would break out from the neck line downwards, then the target buy zone will be between 5400 and 4900 USD. For more updates, follow me here . ~RPS~

praveensam001 Updated 

Hi all Good day! In my previous post , I described about Stellar short term price action that follows Inverse Head & Shoulders Pattern which is a bullish pattern. This is executed perfectly well and had a bullish breakout. In this post, I will explain similar price action that follows the same "Inverse Head & Shoulders Pattern". As you can see in the chart,...

praveensam001 Updated 

Hi all Good day! In my previous post , I described about Ripple Long Term Bull Run. In this post, I will explain the short term price action on observing a famous chart pattern called "Inverse Head & Shoulders Pattern" which is a bullish pattern. As you can see in the chart, the head and shoulders top is used to predict reversals in downtrends. This pattern is...

praveensam001

Hi all!! Good day! In this post, we are going to analyze Ripple Long Term Bull Market in simple terms. I observe similarities of 2015-2016 Bear Market in 2018-2019 Bear Market. The long term investors have only five questions to be answered in a Bear Market. 1. Obviously topping out (Red Text) 2. Finding the first Bottom (Green Text) 3. Finding the second...

praveensam001 Updated 

This post uses simple technical analysis with major trend lines to give answers to major questions that are going around. Here are they. 1. Have we entered Bull Market? - YES 2. Can the price go higher before major correction? - NO (Red Line) 3. How much low can the price retrace? 4800 - 5200 (Green Line) 4. Can the Bear market continue from now? (YES - When the...

praveensam001 Updated 

In my previous post , I mentioned "Spinning Top Bearish Trend Reversal Candle" appeared in 4h chart. Now it's supported by "Inverted Hammer Bearish Trend Reversal Candle" in 1D chart. Technical Observations below. ------------------------ Price Action ------------------------- 1. Channel Complete with ABCDE Wave Pattern 2. Price Action must come out of the...

praveensam001 Updated 

Bitcoin hits 6028 today in Binance BTCUSDT pair. We can see a Bearish Trend Reversal Spinning Top Candle in 4h chart . Boom!! For more updates, follow me here.