Easymoney
HDFC bank taken support from major support. HDFC bank looking good for buying above 1527 and stop-loss below 1480. it will move drastically because of the earnings on 13th of April. and as far the technicals are concerned its near the major resistance and already retraced 50% of the fibonacci levels.
All set to hit 5.50?Looks bullish and setting up for a rally towards $5.50. It could have a small drop before it rallies.
All set to sail?Looks bullish and natural gas demand spikes in these times and future until we have complete alternative energy resources. Once it breaks above that blue line, it could rally towards $18...
---------------------------------------------------------------
P.S. Note a financial advice, do your due diligence.
Bitcoin Weekly AnalysisBTC signalled a potential bearish Supertrend Ninja - Clean signal on the 6th of Dec. Price dumped 33% afterwards.
Currently price is moving to the weekly Orderblock (orange block). It is situated around 28,900 - 34,300 USDT. Please note that 28,900 is also the 0.618 Fibonacci level. Not bouncing here would be worrisome.
The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. The RSI isn't heavily oversold. Another drop here is definitely possible. Also price is below the Ichimoku cloud, which is bearish. The only positive thing here is, I see a potential bullish divergence forming on the Constance Brown RSI .
BTC is likely to drop another leg or in the best case scenario move sideways.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
See you at $40Now that the app has been released, it looses all the gas. Sell the news event.
Already looks bearish on hourly chart. This will burn down to 40s soon. Time to short/sell/puts.
UPDATE: BTC analysis - What's next? Bull or Bear? BTC corrected 7.4% after the bearish Supertrend Ninja - Clean signal. Price got rejected at 44,800 USDT. Right around the heavy resistance of the VPVR.
Currently the BTC price is sitting on a weak support level, bouncing from 40,500 USDT support. Below the current price there isn't a lot of support from the VPVR.
Also the BTC price is below the kumo cloud. The conversion line (blue line) made a bearish cross with the base line (red line) as well. The lagging span (green line) is currently trading around the BTC price, which means it's undecided. Usually when the lagging span is below the price, it's a bearish signal.
Please note the conversion, base line and the lagging span on the daily level are all trading around the BTC price. Which means we are in at an important decision level.
The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. The RSI isn't heavily oversold. Another drop here to 38,700 - 39,200 isn't impossible. Here we see a good support of the VPVR. Then we will probably see a bullish divergence on the RSI and the Constance Brown RSI.
For BTC to remain bullish on the short term, it needs to reclaim 41,700 USDT, but preferably 43,500 USDT. Which is a stronger support level.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
BTC up almost 15% 47,000-48,000 USDT incoming? BTC pumped 14% after breaking out of the ichimoku cloud. Price is above the cloud, which is bullish. This is supported by the Supertrend Ninja clean (green vertical line). Also this was the area where the price moved to the upper part of the Bollingerband. RSI is above 70, this is where the gains usually are made.
The VPVR is showing heavier resistance around 47-48K. The bearish orderblock is around 46,600 USDT as well. RFight now the next (grey) resistance is around 45,500 USDT. the Constance Brown RSI is showing bearish divergence at this moment. The CCI is oversold as well. A retrace before another leg up, or sideways action before another leg up is likely.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
JST pumps 45%, whats next?Small update:
JST pumped 45% after breaking out of the ichimoku cloud, and bullish signal of the Supertrend Ninja - Clean (green vertical line). It crushed several resistances. Currently RSI, Constance Brown RSI and the CCI are all over overbought. Taking positions right now is extremely dangerous and have an unfavorable risk to reward (R:R). I would expect a correction first before possible another leg up. Currently JST is on wave C.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Small update: Neo not done yet with the pump?Small update:
NEO is finding resistance from the (orange) orderblock on the 4 hour chart. A slight correction to 20.30 USDT, before resuming its C wave uptrend to 21.80 - 22.50 is very possible. Claiming 21 USDT is key. RSI and Constance RSI Brown are not showing any signs of bearish divergence just yet. Price broke out above the ichimoku cloud. The Supertrend Ninja Clean (green vertical line) is indicating the trend is still bullish. If RSI breaks 70, more action is likely. NEO doesn't care what BTC wants today.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
BNB done correcting or ready for another leg down?BNB bounced from 340 USDT support level . Which was an oversold bounce. There ain't no trend reversal yet.
Currently BNB is sitting in a support block (grey block). Which is usually a bearish sign. It needs to hold here, or we gonna have a drop to 359 and thereafter 340 USDT. Before possibly making a bullish divergence . CCI is still oversold. Price is below the Ichimoku cloud which are bearish signs as well. I will evaluate once the monthly price closes.
Right now BNB is in a no trade zone for me. Another leg down or sideways chop is what I expect. Personally I don't try to buy bottoms, I prefer to see a strong bullish candle first. I will wait for the 'Supertrend Ninja - Clean' to give a bullish signal (green vertical background color). Before making any Long trades. Otherwise I prefer to wait the correction out. Currently the trend is still bearish (red vertical background color).
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each level.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
BTC done correcting or ready for another leg down?BTC bounced from 34k USDT support level. It looks like an oversold bounce. It definitely ain't no trend reversal.
Currently its consolidating under a resistance level (grey block) around 36.5k. BTC price needs to reclaim 38k USDT level for more bullish continuation.
Reject at this level. And we are heading for 32k first, thereafter 30K USDT. Before possibly making a bullish divergence. CBrown is showing a small bullish divergence. CCI is still oversold. Price is below the Ichimoku cloud on this chart. Another thing I want to mention is the price on the weekly charts, the price is below the Ichimoku cloud as well. Which is a bearish signal.
Personally I don't try to buy bottoms. I will wait for BTC to reclaim 38k and for the 'Supertrend Ninja - Clean' to give a bullish signal (green vertical background color). Before making any Long trades. Otherwise I prefer to wait the correction out. Currently the trend is still bearish (red vertical background color).
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each level.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
CAKE profit 10% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 10% after Short signal. This trade was a piece of cake! Price is below Ichimoku cloud and RSI is still bearish. Then again RSI and CBrown is forming a bullish divergence. CCI is oversold. A bounce up is likely. However if price drops here another leg, next support is around 10.10 USDT.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently CAKE is still in a downtrend on the 1h chart.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
"Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
MATIC profit 12% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 12% after Short signal. Another easy trade. 2.045 is next support. Price is below Ichimoku cloud and RSI is still bearish. CBrown is bearish as well. Another drop is definitely possible.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently MATIC is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
"Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.