Comment your ideas about this trade! Thankyou for watching
Come back after a few months.
Alright Start buying
For more precise resistance & support levels take help of 200 & 50 ema
Trendline support & daily support looks strong & down we also have weekly support. Buy if closes above the daily support
If we break below the 236 Fib support I'll be looking to short it aiming for the green box
Supports mentioned in the chart & these supports also match the exact levels of fib retracements which signifies buyer's interest as well.
The green box are the target boxes where the second box is a huge resistance aswell. The EMA's also show a slight decline where the fib retracement & fib lines are giving similar targets.
NIFTY seems to be on a good bull run from a few weeks. If the candle closes below the blue line short it with the target in the green box & long if closes above the blue line It is also forming a bearish channel & the blue line which is the resistance can make it move further down unless we see a sign of buyers
I can see some hype going on shorting bitcoin while the same traders a few days back were aiming for 6k targets lol. Wait for the perfect price action to happen & then Long/Short. It's currently trapped in a triangle where the resistance has been tested 2 times & the support almost 3 times which indicates that the support may not hold next time if it touches it...
The green box are the targets !
YES bank looks bullish on the daily chart technically. The trade setup would be as follows If the closes above 1 the target would be 2 & 3 It is also forming a bearish upwards triangle.
I'm neither bullish nor bearish I'm prepared for whats coming.
Yesterday I posted NANO call & we gained around 10% the next day! This time it is NCASH , we reached the algo target which was the completion of the 5th wave & the RSI is below 30 which is a sign of buyers getting in & the selling pressure is decreasing.
We are done with the wave 3 & now in preparation for wave 5 & this would go to 1000 sats+ The yellow lines are support & resistance . The buy & sell zones are indicated on the chart.
90% alt charts are looking crazy! Venbtc is about to break out from the triangle & is sitting on the 0.5 Fib level Rsi is having a bullish divergence & so does the MACD I expect some 10-20% profits in the coming week!