METROPOLIS bull rally started!!a new fresh start, best stock for swing trading.
check out the 21 MA too.
the highlighted purple line is the actually price where the stock should be. the stock currently is very undervalued(because small caps did not perform well), but from now they will be good going, as the markets have been corrected. and nifty50 (containing blue chips) have raised, so now its time for small and mid caps to give a bull rally.
LINK OF NIFTY MID CAP ANALYSIS DOWN IN LINK SECTION.
Bullrun
NIFTY MID CAP, TARGET- 33630NIFTY MID CAp started recovering, and now its the time for its bull run.
nifty 50 will complete its 5th wave with the help of different sectors who hgas started there bull run, which will make a space for nifty mid cap to make its impulse waves.
i have link the nifty 50 analysis of this sept month, down below in the lins section, please do check it out, and let me know your views.
DXY local top possibleFundamentals aside, based on this could we see a run in the crypto markets lasting for months?
Confluence:
Multi-year elliot wave 1-3-5
Time has been decreasing between each DXY top
Previous highs remain untested after breakout
Now, taking sentiment into account, this would be a big surprise for all expecting lower lows in equities/crypto.
S&P 500 will cross 4600!!NASDAQ, NIFTY50 AND S&P 500 ARE ALL MOVING IN SAME PATTERNS.
from where- 1. NASDAQ has started its bull run
2. NIFTY almost completed its bull run
3. S&P500 has started its bull run.
all the bull run's waves of indices will get completed on somewhere end of this month.
adding on that, the 3rd wave will get over around mid of sept's week(16th -19th sept).
NIFTY WILL CROSS 18000!!nifty is at a very crucial movement.
till 16th sept, nifty will cross 18000 target. and till that time nasdaq, dow jones and s&p will also complete the 3rd wave of bull run(i will provide the link below of the same). after that a small correction(4th wave), and then the finally wave which will make the nifty to reach its highest point all time, and based on the trendline(the highest part of trendline).
the 5th wave will happen such because sectors like IT, METAL and PHARMA, will start recovering and will give nifty a bull run, which will cause nifty 50 to go up.
and according to market caps, large caps and blue chips almost gave there bull run, now its the time for small and mid caps.
i have drawn waves till end of this month
DOW JONES WAVES!!dow jones will touch 33500.
waves have drawn, have a look at it, bull run has started.
i have already drawn for Nasdaq, and nifty 50. i have previously posted all the waves of it.
I HAVE PROVIDED THE LINKS FOR ALL IN THE LINK SECTION,please do refer it.
Nasdaq has started its bull run already, and nifty 50 has basically completed its bull run.
now this is the time for dow jones.
ADDING ON, MOST IMPORTANT THING IS ALL THE MAJOR MARKETS WILL RECOVER BY MID OF SEPT, AND THEN MARKETS WILL MOST LIKELY TO MOVE SIDEWAYS. BUT LETS SEE WHAT HAPPENS AFTER 16TH SEPT. !!!!
2024-2025 bullish solana Solana should be ready for a massive bull run mission.
Since the other cryptos are doing the bearish downtrend correction then follow along for the huge drop. So Solana still at the monthly lows in the mid-30’s area, the bulls should be able to dominate the market while the crash are heading the way.
Big moon should be coming Solana should be able to hit 1000 at the late or middle of 2023 into New Years week of 2024.
Don’t miss this lifetime opportunity and hold it for a long term
ATOM / USDT - Trade setupHere's a quick look at the ATOM 15 min chart. As we can see, the price has been forming a bull pennant and we should watch out for a breakout.
The best entry would be when the price breaks above the bull pennant with a good amount of volume .
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The idea is: Buy when the price breaks above the bull pennant and take profits at the levels shown in the chart.
Targets:
1. 16.3$
2. 16.7$
3. 17.1$
4. 18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LUNA Classic next entry level! Here's a quick Look at LUNC 30 min chart.
The best entry would be when the price breaks above 0.000451$ with a good amount of volume.
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The idea is: Buy when the price breaks above 0.000451$ and take profits at the levels shown in the chart.
Targets:
1. 0.000465$
2. 0.00048$
3. 0.0005$
4. 0.00052$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
update on Sanofi, very bullish!!!1. rsi going up
2. macd about to cross its lines
3. price getting consolidated
4. correction waves are done
5. volume increasing
i have no reason why sanofi will fall.
one can take trade during this time, and do swing trade TARGET- above 7800.
one can even go long term, as this is the most bottom part of Sanofi, and you will getting benefitted later.
BUY AND HOLD.
Nifty IT to rise!!, bear runs waves gets overNifty IT- target 30500 cross.
i have drawn the waves for the short term, it looks like nifty it has completely corrected, and now it has to start its run. it will go up, with a rally or with some corrections in between(idk), but i guess it has touched its bottom, and will now move upside.
plus, have look on rsi indicator, and macd(strategy). they have started to show some divergence, so if by chance nifty it falls, it will not majorly affect much, and will continue its bull run.
USDJPY take over the world MatrixVJapanese guys are back with their contracts with the russians. We had a little correction at our last resistance zone, after this the markets went bullish again. We will have again A VERYYYYYYY BIG bullrun at USDJPY. So write down in your tradingmind
USDJPY BUY - EURUSD sell.
All european people are life threating by the incompetence of the EZB.
GG Ez MatrixV the only G
Sanofi bull run about to comewhen the waves get completed one could make profits within a short duration.
Sanofi is a great company with a good fundamentals, due to FII selling heavily and earnings not reaching the estimate, it has corrected a lot. its gaining volume, and RSI indicator also showing a bull trend coming nearer.
DUAL FALLING WEDGEWe could seeing falling wedge pattern on time frame daily, its possible bitcoin will have reliefer rally or dead cat bounce before make another movement.
But if you look at bigger picture in time frame weekly, wee see the giant falling wedge pattern.
So how it will going by my analysis:
Btc will bounce around 23.000$ in several weeks before it collide with MA20 weekly. It will fullfill the pattern of falling wedge on daily time frame.
While it collide with MA20 weekly, it will dump hard to 17.000 level and make double bottom pattern in time frame weekly.
So we have double pattern and falling wedge pattern on time frame weekly.
“IF THIS VALID” our target price is around 110.000$ per BTC.
Dual Falling wedgeWe could seeing falling wedge pattern on time frame daily, its possible bitcoin will have reliefer rally or dead cat bounce before make another movement.
But if you look at bigger picture in time frame weekly, wee see the giant falling wedge pattern.
So how it will going by my analysis:
Btc will bounce around 23.000$ in several weeks before it collide with MA20 weekly. It will fullfill the pattern of falling wedge on daily time frame.
While it collide with MA20 weekly, it will dump hard to 17.000 level and make double bottom pattern in time frame weekly.
So we have double pattern and falling wedge pattern on time frame weekly.
“IF THIS VALID” our target price is around 110.000$ per BTC.
ETH bottom set in?Hello all,
Just speculation for fun from a fellow beginner and ETH holder.
We seem to be forming a pattern similar to 2018s Cycle bottom.
2018s cycle went down 94% from ATH to bottom. This cycle we've gone down around 70% from ATH.
if cycles were to somewhat repeat we could be in for another 60% to 80% correction at the current price in the worst case scenario OR a 180% increase throughout late January / Early February of 2023 which would mean ETH at around 4k with room for growth if macro economics don't deteriorate too much.
What do you think?
Crude Oil (1D) Correction probably finished, Ready for Rally ? Hello Traders,
Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally.
So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices.
I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is highly appreciated).
My best guess is to find some undervalued Oil Miners if its still possible. (well played with OXY Mr. Buffet)...
Enjoy the markets and stay green ;)
BITCOIN CAN GO DOWN AGAIN!!Since the 16th of june, btc has entered a correction phase, and today the btc breaks the channel where it was balancing.
So what can we expect?
The market will probably try to do a pullback on the 50 MA and the parallel channel at the same time, and then go all the way down again to 17616!