venkatfx
PremiumBTC has been bullish with fundamental reasons - Fiat US $, US Govt Crypto Policy and non stop accumulation by Saylor and ETF, corporates etc ... every week and month new corporates adapting BTC After a good move price is now seeing side way correction and once the newly formed resistance line taken, I strongly expect BTC price to see 145 K easily
In the month of April, I clearly pointed out BTC will take support and will move upside only and all news are favorable for up move. In less than 3 months we are seeing the expected up move. From July first week I am expecting BTC to make new ATH and T1 is near 118K and T2 is around 130K and BTC could even see 145 K easily in this year 2025. All the news coming...
XRP - Bullish since price is at fib levels for buying and never came below that. ETF Approval by 16th April 2025 is keeping bullish and more accumulation and openly talked in media. ETF Approval means new buyer for XRP. Already Japan using this for govt related payments for its people. Big banks using in big way and having even more bigger plans with US Govt and...
Price is at technically buying zone - Fib buy zone and also breakout zone and right now double bottom. at any price around this price based on big players buying orders fourth wave will get completed and 5th wave will start. Breakout of resistance red line is confirmation of 5th wave progress. previous resistance areas could give selling pressures due to tax fears...
Price has taken double bottom support. Price rejection from second resistance line is getting reduced. Any up move from BTC, SOL will give bigger breakout for sure. So trend will follow in whichever side price breaks the lines. I think not much downside can be seen in SOL since it has fallen from 250 levels to this low. SOL is next to BTC and ETH right now and its...
S&P would have fallen even if Trump didn't announce new tax on other countries. S&P has reached all my previous targets and there was no higher target left without a correction now. And this correction was expected fall and its been so steep and fast only due to new flow about tax. It has broken few previous support levels and from now first support coming at 5070...
BTC looks good to buy long qty at previous support zone of 82200 to 81300 zone. In 2 days US Govt going to announce how much crypto they have now and what they did last few days after announcing strategic reserve. At least for again 88 or 89 K levels looks possible from there. By next week or this april month all tax fears will fade. And good change for this...
Bitcoin is showing bullish pattern and right now taking support at key technical level from where its expected to move up for next target of 90K. view are shared well in advance or in quick mode before waiting for confirmation which will delay the chart and good move will be missed. Price should hold this current support area of 83600 to 83700 area and failing...
BTC - 28th march TP - 89200 cup and handle pattern. Trend is Bullish.
ETH has fallen a lot and taking support and move is bullish in line with BTC move. At these great levels buying, accumulating and investing in ETH is safe and for traders once the fourth wave is complete price is easy to see 2200 for fifth wave. ETH is good buy now. I expect small correction in BTC to complete and rise again or above 88K . Even if BTC correction...
SPX has reached its given target last year during oct 2024. Nifty failed to follow this trend due to internal fraud work. After reaching the final target now SPX is in correction and small reversal wave as shown in chart. I do not see any strong data or very positive trend which will take spx upside without a correction. One can plan buying at lower levels in few weeks.
In chart, price has given breakout of immediate resistance line and retested and price moving up. price move clearly indicating bullish and up move. Fib Levels and resistance lines indicating first target at 90K and on breakout possibility of 92 and 95 K as per fib levels. But first move towards 90K is visible in chart. Other Cryptos - ETH and SOL super bullish...
Gold is trying to cross the resistance line and its too much of bullishness could be easy bull trap. Technically Fib levels are indicating possibility of a correction now. Entering after a correction is safer now. This could be off man out opinion. But as per chart its resistance area now.
USDINR upside is slowed down !!! due to Gold rise in global market and weak US Dollar. In chart few times support has come for usdinr at and below 86.5 levels which I think will be good support since Gold rise could see some consolidation from today. No one asking why US Govt not yet auditing its Gold reserve which they keep commenting no door and windows to their...
2 views are there. Ascending Triangle - Bullish and Rising Wedge - Bearish. Price is making HL and never closed even once below previous HL indicating price is in Bullish trend. Weekend price bounced with huge volume and 85 to be watched today. if its taken with strong green bars then price will fly upside. view changes if previous HL is broken un till then buy...
Price is testing neckline of head and shoulder. Market is divided and not one sided as fear of 77K is still in market. But price at neckline few taking bullish view. Buy only if price move above neckline zone and in my view right now price could be trapping the late bulls. Sell once break out fails as price move drift down from neckline zone. US policy on...
In cart green and red lines indicating support and resistance. US President clearly said Do not Sell your Bitcoin. Even though he didnt mention how much will be purchased etc but we have a new Govt going to form a strategic reserve with spending tax money so it could be slow to see banana spikes but I think its going to be Bullish for BTC
As per the chart pattern we can see short term target as 94400 and in 2 days we have US Crypto summit. I think mostly it will move up rather than fall. By now it must have fallen and its not happening so that's why i think price is willing to move up now