Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Bitcoin made a high of around $19.5k and crashed by about 15% from there. This indicates a shift to short-term bearish sentiment. 21 Week moving average is around $12500. In 3-4 weeks, it would increase to $13800. Bitcoin should take support from the 21-week moving average and 38.2% Fibonacci level of $13.8k which is our target. If the high of $19.5k is taken...
If Nifty breaks 12020 with a huge volume, the bull flag confirmed. Bought at 11750 with a target of 13200 and stop loss of 11550. Breaking of 38.2% Fibonacci level rejects the idea of a bull flag.