KOTAK Bank is going to blast Upside !! Kotak Bank is around Long term Support !!
Stock is consolidating since 2020 and has given No returns so far
In a rangebound market one should always Buy around the support !!
Stock is forming base around 1600-1650 level.
Also Stock is around EMA support and on RSI Support on a Weekly Timeframe
All these indicating Technically Stock is at good Support
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Pattern
🔥 Bitcoin Going Nowhere: Waiting For Clarity!Bitcoin's has practically not moved over the last two weeks. Zooming out, BTC has been trading within a bearish channel since the start of March.
I've made several bearish posts before, where I expected the halving to turn out to be a sell-the-news event. Thus far, that expectation has not really played out yet, which is good for the bulls.
We cannot deny the fact that the long-term trend is still bullish, with a bull-flag scenario being a reasonably possible outcome.
Still, there's nothing to say as long as BTC trades within the supports and resistances drawn on the chart. Market has been incredibly choppy, so the only ones that are making consistent money are the market makers.
I'm waiting for clarity.
🔥 Comparing Bitcoin's Price After The Halving: Massive Pump! In this analysis I want to take another look at Bitcoin's performance after the halving.
As known by now, Bitcoin halvings have always led to a massive pump in Bitcoin's price. My expectation is that this halving won't be any different.
Yes, I've mentioned a couple of times that I see a decent probability for the halving to be a sell-the-news event, since we made a new all-time high before the halving for the first time ever. Second halving as an example.
However, Bitcoin's 1 year outlook is still looking extremely bullish. I expect that we're going to reach 100k this year, maybe even 150k with some luck.
It's too early to tell where Bitcoin will top out. You can check my most accurate prediction below:
Pump or dump? Share your thoughts 🙏
🔥 GRT Double Bounce: Back To All Time Highs?In this signal I'm going to combine two important reversals:
- The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets.
- The price retested the bear-market highs of ~0.23 from back in January 2023 as support.
This might be the final bearish move in the next few months, hence the target at the current ATH. Be aware this is a long-term trade and might take months to play out.
Cracking the Code: XAU/USD Insights TodayToday, gold continues its upward momentum, eyeing the $2,400 milestone. Fueled by a weakening U.S. Dollar and subdued Treasury yields, gold remains a safe haven amidst global uncertainties. However, attention turns to Federal Reserve policymakers whose upcoming speeches may sway market sentiment. Stay tuned for key economic data releases and policy whispers shaping gold's trajectory.
Xau/Usd GOLDHello traders!
The pair XAU/USD has increased to historically high levels at (2430.00). In my opinion, the price has to decrease to (1840.00). Fast movements can be expected. Be careful! Patience is the main key to success. Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
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🔥 MATIC On Bear Market Support: Big Reversal Coming?With BTC trading bearish over the last few weeks, alts have taken a big hit. MATIC is one of the alts who has practially lost all the gains over the last half year in a matter of weeks.
However, MATIC has found support on the main bear market support (purple). This signal is based on the idea that the support will hold and that both alts and BTC will reverse from extreme oversold conditions.
Stop below the recent low, target at the main bearmarket top.
🔥 Bitcoin: Waiting For The Ultimate Trigger To BuyIn this analysis we're going to discuss a very simple trading strategy that will suit your long-term portfolio: buying into extreme weakness.
As seen on the chart, Bitcoin has only been oversold on the daily RSI on three occassions over the past 1.5 years. Every single time this occured it proved to be an extremely profitable entry point.
With Bitcoin seeing quite a sell-off and the halving coming up, I'm going to wait patiently for the RSI to hit daily oversold. I imagine another few red days and the RSI should be <30.
Have some funds ready, because this entry might be the last time you can buy BTC during weakness for a long time.
🔥 Bitcoin In Area Of DANGER: Macro Signal! 🚨In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post.
Back in March I made an analysis with the same title, where I argued that Bitcoin had entered an area of danger (the yellow mid band of the indicator).
The yellow band has historically proven to be a strong resistance. With BTC retesting the bottom support of the yellow band there's a serious risk of BTC falling through, resulting in further selling.
It's too early to tell whether BTC will correct all the way back to the green band, like last cycle. Nevertheless, the indicator has again proven to offer significant long-term trading opportunities.
How low do you think that BTC will go? Happy to hear your thoughts 🙏
🔥 Bitcoin Halving - Sell The News SignalNormally I don't look that much at moving averages because they are largely lagging indicators. However, sometimes the indicator shows a strong divergence.
As seen on the chart, the 200 EMA has offered strong support on the way up, but has now caused a strong rejection, making way for the bears to push the price further down.
Like mentioned in the analysis below, there's a chance that the Halving will be a sell-the-news event, especially since we had a new all-time high for the first time ever before the halving.
🔥 Bitcoin Dominance Break Out! Watch Your Alts 🚨As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again.
It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance.
Historically, bull-markets (especially for alts) started at the red arrows. Remains to be seen if it will happen again.
For now, alts are likely going to lose value against Bitcoin, especially during dumps like yesterday. Start looking to buy alts again after BTC.D hits the top resistance.
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.6813 and showing overall bullish sentiment
FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade
Entry level: $ 3.01
Stop Loss Level: $ 2.04
TakeProfit 1: $ 3.73
TakeProfit 2: $ 4.4
TakeProfit 3: $ 5.7
TakeProfit 4: $ 6.8
TakeProfit 5: $ 8.6
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
🔥 Bitcoin Bull-Flag Break Out Confirmed! Next Leg Up Coming 🚀In my most recent BTC analysis I talked about Bitcoin's pending break out of the bull-flag pattern on the chart.
As of today, my initial entry has been hit and the top resistance has been retested as support. This makes me believe that the break out is legit and that a new leg up is on the horizon.
My target remains at 80k, although I wouldn't be surprised if we surpass that.
For the people who missed my last entry, I put a new signal on the chart at the right side. Keep in mind that this is a very tight trade. However, if it plays out it can be a good money maker with an RR of over 7.
IDEA - Follow The Trend 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange.
Currently, IDEA is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.0026 - $0.003.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower orange trendline.
📚 As per my trading style:
As #IDEA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔥 Bitcoin Bull-Flag Taking Shape: Preparing For 80k!In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea.
Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag pattern like the one on the chart.
Bull-flags classically break bullish, so we're going to place our target at the closest round number of 80k. If you want to change this trade into a longer-term one, change the target to 100k with an even higher R/R.
🔥 Bitcoin On-Chain: Completely Normal Correction!In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months.
As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during bull-cycles. Sometimes they are less excessive, but >20% is generally the bottom.
Currently, BTC is trading around 11% from the ATH. It's not great, but looking at previous bull-cycles it can certainly get much worse.
For now, there's not a real reason for the bulls to worry. Yes, BTC is not really doing great at the moment, but did we really expect a move from 40k > 100k without any corrections?
Patience will reward you.
🔥 Bitcoin Bulls Have NOTHING To Worry AboutBitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made.
As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory.
Looking at this fractal, bulls have little to wory about. We've seen the dump before and will likely see a new ATH in the coming month.
Will we drop further? New ATH soon? Share your thoughts 🙏
🔥 Ethereum Dead Cat Bounce? Potential Massive Sell-Off ComingIn this analysis I want to take a look at ETH's price action over the last few weeks. It appears that ETH is underway to form a classical pattern that most of you a familiar with, a dead cat bounce into another sell-off.
Keep in mind, the dead cat has not been confirmed yet, since the price needs to go below the purple dotted line. Still, it's a pattern that will likely play out if the Bitcoin bulls will not step in very soon.
ETH (and likely also BTC) is at risk of giving away most post-ETF gains if this continues. We knew already from other analyses that Bitcoin is far ahead of where it *should* be at this point in time, so a correction might be necessary? Time will tell.