Airtel Monthly AnalysisBharti Airtel seems to trading in the range of Rs.240 to Rs.450 on Monthly Charts.
There is also a RSI divergence for Feb 2020 & Jul 2020, thus the big fall from high of Rs.596.
It’s monthly 20 SMA is placed around Rs.429. If it breaks 429 it might take support @ Rs.400 or Rs.370 or Rs.350.
Rsi_divergence
$PCTL is one to watchMacD Crossing today
Stock RSI 54
RSI 43.54
Share holder conference call scheduled for Sept 29th
Revenue is increasing
Applied for Uplisting to OTCQB
Sales force has expanded into the UK markets, as well as across the USA
Share profits currently up 620% YTD
Amazing company for both mid term and long term holds
A good triangle setup A possible triangle pattern, the RSI divergence shows a nice opportunity.
The stochastich suggests a good oopportunity to enter long, but it is better to wait the break-out!
Comment below, I'm interested in your opinions!
Retesting previous resistanceAfter multiple targets been hitted arround 32-33k sats. Serum lost it's momentum and went into a down phase. It's now retesting the previous resistance. Which shouldn't be to hard to break, since it has shown a strong Previous breakthrough on it's second try.
The RSI shows some hidden bullish divergence. But however it's not within the same white range box as on the chart. So either the momentum goes on hit the overbuy range, touches the first resistance(25k sats). Or this goes into consolidation, retests the green area and touches the resistance area later on.
Am pretty bullish on this project, so I expect this to run very high in the long term.
First targets on the chart.
Stop loss under 14.5k
Not a financial advice. Do your own research!
Uber Started to Lose Momentum ( 1H Chart )Following up with Uber stock movement, it's clear that we are near/at the end of fifth wave ( Greened ) and I expect a correction to the 35-36 zone before going higher.
That is confirmed by the strong bearish divergence signal as you can see in the chart b/w the price and the RSI indicator.
Gold - 670 pips+I love gold!! Currently holding onto 670 pips, exposing myself to both sides of the markets again.
Yesterday we saw some really nice manipulation to the upside where I took a nice short trade, this is now breakeven, lets see what happens. I have all eyes on the DXY to see if we can continue this strength or not.
Crypto.com CROUSDT interesting price actionRSI Last 3 bottoms making a bullish divergence signal, then price confirming a impulsive breakout.
Price make a consolidation pattern right now, I guess a flag/ zigzag pattern may play out. Now we wait to see if the price can breach the next resistance line.
Reliance good short candidateReliance cmp 2318
Rising trend line resistance
counter gave breakout from cup and handle pattern with cup height of 735 points and after breakout today counter have completed up move of 735 points this might also mature the up move
price making higher high,, rsi making lower high bearish divergence.
from recent bottom of 867 counter took 85 days to reach previous peak levels means 735 points in 85 days
after breakout counter today completed its upmove of 735 points in 85 days , same price movement in same time..
Look for trend reversal in this area..
Hidden Bullish Divergence on 15-minute LENDBTCAave got nice room to grow here, with a bullish divergence pattern on RSI and Price action.
0.236 fib level could act as resistance (or 50 level on RSI), but if broken 0.00006765 would be the next target. That is where I am looking for.
Daily RSI look good aswell, where the RSI has to found support above the 50-line to continue the uptrend.
Short position - Trading a Rising Wedge Reversal on CrudeOne of my first analysis post on Tradingview.
Observation - See a rising wedge pattern potentially resulting in a reversal once the lower wedge has broken down.
See a negative divergence on the RSI with the ascending wedge and lower buy volumes marking lower momentum among bulls.
Trade recommendation - Will trade the crude as RSI goes below 50 and lower wedge channel breaks down with sufficient volume for a T1 of 2703 and T2 of 2350 respecting the Fibbo retracement levels on the chart.
Natural gasThe speculation and the hurricane season should be finished.
Eliott pattern is also done and there is a nice bearish divergence.
Target 2.20
Nifty conditional viewNifty spot cmp :- 11473
Harmonic study :- Bearish AB =CD formation (Pre-assumtion), Bullish Cypher formation (Pre-assumption)
Nearest resistance level is around 11530 levels which is recent peak made by nifty spot,, above that index may move up by 100 to 120 points to complete bearish AB=CD pattern , whose PRZ is around 11636 to 11640 levels, which will be the next levels to watch.
As per Bullish Cypher pattern extension of leg BC which should be 1.414% ,, as per levels 1.414% extension is around 11530 which is also recent peak for index,, so might act as small resistance,, down side 11370 which was previously respected 3-5 times as resistance would act as nearest support,, below which we may see 11286 which is mid point B of cypher pattern,, and finally 11186 which is 0.786% retracement to complete cyper pattern.
Elliot wave study :- Currently index look like trading in corrective phase where formation of wave B is running,, once wave C unfold we may see price to drove towards 11370 levels,, this view also changes once 11530 is broken and sustained for atleast 15 mins above this levels..