ASAHI INDIA - Moving out of the accumulation zone and gearing upThe stock was going through almost six months of accumulation. Then it broke above the accumulation zone and moving into the markup Phase. The Relative strength is also positive. Moneyflow and Absolute strength is also positive. The stock is likely to move move up and test the 690 levels. It may face some supply around 620 levels.
VSA
#Bitcoin - thoughts out loud #12Good evening, we are from Ukraine!
It is quite possible that the situation may develop in order to confuse traders, because flat movements in the market are quite a profitable business, but they have their own price that will have to be paid for their early decision. The reward will be an impulse movement after the accumulation/distribution is completed. I observe a sufficient number of locked-in traders who hope that the price will go in the direction of the desired take profit, but not everything is so simple and unambiguous.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
#ETH - thoughts out loud №3Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
I expect the price to rise to 2000, and then we'll see.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
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#ETH - thoughts out loud №4Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Today, we have important news, the situation on the chart reflects the idea of professional operators to implement their plans immediately during the news release, cascading levels with a large number of stop losses have been formed. We can see that if we are long, then at more favorable prices, and if we are short, then we have room to fall, and perhaps someone will not be pleased, but this is the truth as it is.
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn .
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#Bitcoin - thoughts out loud #11Good evening, we are from Ukraine!
The current situation has several options. Market participants should expect both a long scenario and a price decline (in my opinion, this is more realistic) to test the supply with a subsequent markup of the asset. That is, the price has been in the range of 29500-31500 for 16 days, and next week will confirm whether it is accumulation or distribution. In any case, professional operators will arrange an artificial price reduction for the hike upwards (3 percentage points are marked on the chart). The instrument should show strength in price:
1)28700 - 28800.
2)26700 - 26800.
3)20700 - 20800.
If there is no activity of professional operators at these prices, it is possible that the price will fall even lower.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #09Good evening, we are from Ukraine!
For further upward movement, you need to test the buyer plus withdraw liquidity.
Current action plan.
Do you agree with this development?
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
Weekend Review of the NIFTYNowadays we have been hearing that the next decade belongs to India. Many, including Morgan Stanly expect Indian Markets to do very well in the next five years with a strong Bull market. Maybe the only apprehension is that this is a Election Year which can hold back the Market.
Technically, the weekly charts is showing that the NIFTY is clearly gearing up for a big move with a nice VCP pattern. So, there is a high probability that we will see start of a new big up move soon. It is possible that we may see one more smaller contraction before the big up move.
On the Daily Chart, though we saw some weakness today, the overall bullishness still remains. We saw selling dominating after many days. The index is still holding above the moving averages. Of course, the index has been under performing the wider market which was being pushed by the mid and small caps. We may see the index retreat some more next week. But the strength remains as of now.
RAYMOND LTD - Gearing up to scale New HeightsThe stock has been a multi bagger giving almost 5x returns in the last two years. Recently the up move had been halted with a “BC” Bar. Then the stock after retreating started to move up attempting to take out the “BC” bar. It failed and is now attempting again. We see a clear a Volatility Contraction Pattern. The stock is still in a supply area. Once we have a good close above 1786 the stock is likely to scale new highs.
CONCOR - A STOCK TO WATCHThe stock has been moving up making Higher Highs and Higher Lows after a Down move. Then it faced rejection around 680 levels. Then was pushed down below all the EMAs. Then it recovered from below and attempted to take out the Rejection Zone. It has just inched past the supply area. But the Relative strength and Money flow are still negative and improving. Once these also provide support the stock will move up. The significant levels on the upper side are 750, 790 and then 820. So we can keep a watch on the stock and wait for further confirmation to catch any impending up move.
BHEL - Looking good to retake some old highsThe stock is seeing almost five year High. On the weekly we can see a a nice VCP pattern.
On the Daily chart it is coming out of the supply shadow of effectively two "BC' Bars. Today we saw a High Volume "Effort to Move up" bar. The Relative Strength is also Positive.
After a long time the stock seems to be gathering the strength move up and scale up retake some of the old highs
#ETH - thoughts out loud №2Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
In a nutshell, there is no buyer's strength in this trajectory, and I expect a short-term development of the situation.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
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BINANCE:ETHUSDT
#Bitcoin - thoughts out loud #08Good evening, we are from Ukraine!
I expect further depreciation of the cryptocurrency market.
In this phase of the market, we are interested in a supply test in the range of 30,000-31,000, after which the further development of the situation will be clear. There is weakness on the older time frames, but there are variable factors in the market and it is too early to give an accurate assessment.
The end of the trading situation opens up 2 scenarios:
1) Asset depreciation to 17500.
2) The asset's price increase to 3500.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
#Bitcoin
BINANCE:BTCUSDT
BTC's Year Long AccumulationLooking at the BTC weekly chart it is clear that for the last year BTC has been in an accumulation zone and the recent markup in March represents a breakout to the upside of this channel/zone.
November's markdown, mostly fueled by negative crypto news in the wake of FTX's collapse, resulted in a failed breakout to the downside.
Note the bar range differences in the sideways market after the November failed breakout and after March's breakout.
#Ethereum - thoughts out loud #11Good evening, we are from Ukraine!
Why was it necessary to place a limit buy order at this particular moment and what were the goals for profit-taking?
I'll start with the first one, because we are at the bottom of the trading range after manipulating (on volumes) with a false breakout of the lows and a quick resumption of purchases on the buy bars with an extended spread. That is, the technical reason is more in favor of the longs.
The second part of the question. The first target is the local high of 2160. Moreover, if the situation develops positively, the position can be held up to 2200, accompanying the instrument.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Ethereum - thoughts out loud #10Good evening , we are from Ukraine!
For this period of time, the chart has a trading margin, the exit from which opens the door to 2 key levels:
1) A long scenario of breaking through the resistance level and going to 2300 and above.
2) Short, market weakness after a false breakout of 2200 and the price returning to the middle of the range with a further buyer's test at 1900 - 1850.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn.
PFE 1H T2 level Upthrust in 1/2 correction and resistance levelDaily chart formation
Trend trade 3IBK
+ short balance
+ resistance level
- expanding CREEK
+ volumed 2 Ut
- month support level
Hourly chart:
Conservative trend trade 3IBK
+ short impulse
+ 1/2 correction
+ resistance zone
+ T2 level
+ volumed 2Ut
JPM 1H volumed spring of 1/2 correctionDaily chart signal
Trend trade 2IBK
+ long balance
+ support level
+ volumed ICE
+ volumed 2Sp + test
+ 1/2 correction
+ bullish bar closed entry
Hourly chart formation
Trend trade 2IBK
+ long balance
+ support level
- low volume expanding ICE level
+ 1/2 correction
+ volumed Sp + weakness test
+ after bullish bar close same level entry
Calculated affordable stop
1 to 2 target
MA 1H trend trade break under ice bar volumed testDay chart conditions:
Trend trade 1IBK
+ short balance
+ CREEK level
+ resistance level
+ 1/2 correction
Hourly chart:
Conservative trend trade 1IBK
+ short impulse
+ 1/2 correction
+ resistance level
+ BUI test
+ volumed 2Ut
+ better price level entry
Calculated affordable stop
1 to 4 target
#Ethereum - thoughts out loud #9Good evening, we are from Ukraine!
Continuation of the movement.
Thank you all for your attention, I wish you success.
Sometimes youwin/sometimes you learn.