PIRAMAL analysisPIRAMAL is long with good profit potential.
123 trend change
Stock above 200 MA
Inverse head and shoulder broken with good volume
200ma
Orsted double divergence + 200 MA supportPretty simple stuff
Seems like a hidden bullish (continuation) divergence have played out, though it failed so far.
However, a regular divergence is also playing out atm, and could be supported by strong support on the Daily 200 SMA
Dividend registration day is today the 2nd of march, and will be paid out the 4th of march.
BTC into new peaks ?BTC is trading around 50% level of the Fibo retracement, knowing that buy can be executed at 61.8% and 50%. As it would go higher, it could retest the resistance which is in the case of bitcoin only round numbers and finally trade in a bullish movement until it reaches new peaks. This scenario is the most wanted one by investors.
As we always say, trade safe and if you don't understand the market of a pair, don't trade it. BTC trading involves huge risks as the volatility of the market is huge.
If you like the idea don't forget to support us with a like and follow ! Trade safe !
Cyril from MacroForex Hub
Hold The LIne FET/BTC #FetchAi $FET #FetHere we see our daily FET BTC chart from Binance . You see that pink arrow on my chart ? It's pointing at the dark blue 200 MA line .That's the 200 week moving average . It's a strong long-term indicator and you can see we are sitting on top of it . None of our candlesticks has closed below it . So we are still bullish in my opinion . I don't think we will break below that dark blue line , I believe FET will see a Golden Cross very soon ( a Golden Cross is when that light blue line which is the 50 MA will cross up and through that dark blue 200 MA . It'll break through . ) That will be a massive upside for us . FET looks fantastic so don't be worried by short-term pullbacks or a bit of ups and downs ,because in a volatile Bullmarket that's normal . Have a great day . Golden Cross idea linked below . Thank you .
You Can Do It ! VRA/BTC #Verasity #VRA $VRAHere we see our 1 day VRA BTC chart on Kucoin .You can see VRA is already inside the Daily Ichimoku Cloud and gone to the top of it . Now there seems to be some slight retrace and we will probably have consolidation and eventually we will break up out of this Cloud . When though ? Well you see that blue rocket ship on my chart ? That is approximately where our Golden Cross might happen - looks to be in March sometime, so fairly soon. What is a Golden Cross ? It's a very good Bullish event in which our light blue 50 MA line will cross up and through our dark blue 200 MA line . That's the 50 week moving average and the 200 week moving average.Looks like this is going to be a Golden Cross happening , and fairly soon. The black arrow is pointing towards where our light blue 50 MA line should start moving up .This will take us higher . We are sitting near 5 sats right now. I still feel one target above is 9.17 sats as that's an area of confluence on our VPVR indicator. Also above us at the .236 fib line is another target near 48.27 sats ! That's almost 10 times up from where VRA is right now ! A 10x move would be great for the Verasity Community. Have a great day everyone .
Legend of The Golden Cross FET/BTC #Fetchai $FET #fetHere we see our FET daily chart from Binance . You'll notice we are about to have a very Bullish event on this chart ! The Golden Cross . What is a Golden Cross ? Well,that's when our light blue 50MA ( or 50 week moving average ) is going to cross up and go through our dark blue 200 MA ( or 200 week moving average. ) These are long-term moving averages and are fairly good indicators of bullish upside coming when they cross like this ! You see the purple rocket on my chart ? That looks to be approximately where we will get a cross up , could be in early March . This should be extremely good for FET and remember FET also has a Mainnet coming in March ! All good stuff ! Looks great ( also I hope you are having a great day . )
How to short using 20 and 200 moving Averageswhen 20 MA is far away from 200 MA look for short opportunities# educational purpose video
GRT/BTC - ascending triangle and solid fundamentalsGRT/BTC has been setting up an ascending triangle since roughly two weeks and had two fakeouts in a row due to BTC's spike but now looks promising for a long position after successfully retesting the uptrend.
Either DCA as long as it's inside the triangle or buy after it breaks through the resistance.
Buy zone: 1640 - 1850 sats
Important resistance: 1900 sats
On the USDT pair it recently broke out of a symmetrical triangle and finished testing the prior resistance as new support:
Consider using a stop loss a bit below the uptrend in case the trade doesn't work as planned.
Best of luck and let me know what you think.
Dominance Bounce Up Coming ? Btc.d #bitcoindominance #bitcoin itHere we see our daily Bitcoin Dominance chart .As you can see we broke red candles way below that regression channel ( the pink & blue box we were in ) and even broke below our green Ichimoku Cloud. We also hit a TD Sequential 9 in red ( those numbers you see under the candles ) and when we reach a red number 9 it usually means a reversal of trend is coming soon. Also we just touched down to our 200 MA ( dark blue line ! ) That's a strong support . And look at our rsi - it's down near 25 , so all indicators seem to say we will have some upside with Bitcoin. Does that mean it goes straight u ?NO ! Of course not ,This can take awhile and there can be many ups and downs along the way . And it's always possible this gets stopped at the top of the cloud near 68 but that will have to wait for further developments . Let's see what happens .
Fagerhult analysisLong positions can be taken based on:
123 Trend change
Inverse head and shoulder pattern (retested)
Prices above 200MA
Strong RSI
Wipro buy opportunity wipro near crucial levels
possibility to fill the the gap is high
caution:- it may come down to test the levels again and then make a big move up
but target is sure to come within the next few days
trade safe
keep SLs wisely
happy trading
NZD/USD WAITING FOR SELLafter the breakout of strong level Right now price standing on 0.618 fibo level / 4 hour chart 200 ema around there. so high probability to price come back to key level for retest .
0.71600 level will be great place to sell. stop loss 0.71900. 1st target 0.70900, 2nd target 0.70300
SZL - Is it time to get Bullish?Bullish Confirmation Indications
Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up.
Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong.
1. Price has been supportive at the support level of $5.20 level twice which is a Bullish Sign.
2. There also lies a trendline which has acted as good support
3. There also lies 200 day Moving Average trending upward and has provided Dynamic Support (Confluence)
4. Price has been failing to continue up because of the Resistance Zone of $6.80 level
5. I believe that price may come down again to give a buying opportunity and backtest the trendline and continue up
6. I will be confident to buy in the $5.80 - $6.000 region after proving some Bullish Price Action
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GOLD creating a new descending channelGOLD has recently broken the yellow resistance line of descending maximums. Now this line has turned into support for new descending minimums of the overall tendency. Additionally, the 200 MA is also acting as a support for the price right now.
At the moment the price is fluctuating between the yellow line (strong support) and the purple zone (previous support turned into resistance). I think the price should break the purple resistance zone, if it does it may create a new descending channel parallel to the previous one and with the dotted line as resistance.
Right now I will just observe how price evolves over the following days/weeks. If price breaks the purple resistance zone and gives a good retest, it may be good opportunity to open a long position. But CAUTION! because the overall trend still seems to be bearish.
All new ideas, comments and suggestions are welcomed. Farewell folks!! :D
SPT - Looks very InterestingBullish Confirmation Indications
Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up.
Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong.
1. Price has been supportive at the support level of $1.00 - $1.30 zone
2. There also lies a trendline which has acted as good support
3. There also lies 200 day Moving Average trending upward and has provided Dynamic Support (Confluence)
4. Price has been failing to continue up because of the Resistance Zone of $1.430 - $1.470 range
5. I believe that price may come down again to give a buying opportunity and backtest the trendline and continue up
6. I will be confident to buy in the $1.120 - $1.20 region (Buy Zone) after proving some Bullish Price Action
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ETHUSDT Local S/R| 200 MA| Daily S/R| .618 Fibonacci Evening Traders,
Today’s analysis – ETHUSDT- trading below Local S/R where further downside is probable,
Points to consider,
- Price Action Impulsive
- Local S/R resistance
(200 MA Confluence)
- .618 Fibonacci Objective
- Declining Volume
ETHUSDT’s immediate price action is trading bearish under local S/R allowing for a short term bearish bias with the 200 MA being in confluence.
The .618 Fiboancci is current objective, price action is likely to respect this level for a bottom fishing entry.
The immediate volume is below average, an influx is highly probable when testing key trade locations.
Overall, in my opinion, ETHUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
CHD: 200 MOVING AVERAGE BOUNCE PLAY, GOOD RISK-REWARDCHD is offering a good Risk/Reward play.
Bounce off the 200MA and Bullish Engulfing Candle.
If we get a bullish push we can even reach the trend line and try to break out.
Possible entry here with a stop just under the 200MA.
Investopedia definition:<>
WIX: BREAK OUT PLAYI'm watching WIX as it could break that down trend line any time.
I'll feel confident for an entry if we clear 273-274 (based on Ichimoku daily).
All price levels are on the chart (in blue).
Price is supported by a long term trend line and a rising 200 MA which is not far below.
XAUUSD drop for retestAs seen in the chart I expect on the longer time frame that prices at least will touch the 200 EMA around 1820 before we can see a retest again.
We can see that the 1815 is a strong support area as well
The weekly candle will close very bearish with a long will. Prices would continue to fall.
Next entry will be around that area to go long.
$ABC Descending Channel and GartleyBuilding for a breakout of a descending channel, at the 200 MA, Hidden Bullish Divergence Daily MACD, and a Gartley Pattern reversing almost exactly at .786. Target is the same distance of X-A added to the entry of the .786.
Entry at Current Price: $97.76
Stop: $95.50 (below most recent low and 200MA)
End Price Target: $115.30
Potential Deep Crab - Not perfectLooks like there could be a potential deep crab here. However, it didnt retrace all the way to the .886. This is also a good lesson in PRZ. The PRZ is almost never exact. That is why it is a zone, however it is consolidating here above the 200MA in the PRZ. Technical target long term would be the 1.618 retrace. However I would take profits around the different fibonacci levels shown. Not sure if I will enter this one yet as I have not watched a deep crab play out yet. Also hidden bullish divergence. Not financial advice.
EOS Daily long time Analysisnow price is above the 200 MA average and we have a strong resistance at 2.8. price should fix itself above both of them to keep continuation to top the midline and the top of channel.
AUDNZD Daily S/R| Swing High| .382 Fibonacci| Price ActionEvening Traders,
Today’s analysis – AUDNZD- trading above a key S/R zone where a respect is probable,
Points to consider,
- Price Action Impulsive
- .382 Fibonacci Support
- Daily S/R Objective
- Oscillators Neutral
AUDNAD’s immediate price action is trading above a level that has technical confluence; this S/R level has a high probability of holding.
The Daily S/R is immediate objective, exceeding this level will increase the probability of trend continuation.
The volume node has a valid climax, follow through is critical for continuation.
Overall, in my opinion, XLMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
