TCS bounced from FIB 23.6 and still can go up anytime after retesting short term resistance. Also it is making an inverse H&S should bounce perfectly if everything goes as planned.
Hello Fellow Traders,
Hope you are doing well. Tata motors after big rally need to cool off a bit to fill the potential gaps that is around 287-288 which aligns with the Fib level 61.8 . We will definitely most likely see a small profit booking then jump to higher levels again my stops will be just above the wedge and Targets will be 300,288 but along the way I...
Federal reserve will have a meeting today. But who cares until they don't see inflation. All the asset price will keep sky rocketing. No matter what!
A small correction happened in Nasdaq also crude oil FUT corrected some points.
Now,Lets come to Nasdaq 23.6 Fib level has been hit many times and it reuse to move down.Hence, Bought the dip with a stop loss...
A probability of still more bullish over bearish trend. Institutions like Tesla, Jp Morgan expressing interests, We might see a jump to 3.618 fib level in short term 62k level.
A bearish scenario will makeit retest 30000 psyschlogical level. Before taking another big pump to 80k to 100k Psychological level and eventually a final jump at 120-150k .
Lets see how it goes.
Welcome, We see large FOMO on BTCUSD because of the BTC halvening. I am little bullish on this pair now and it can clearly reach 11000 first before doing some action.
2 scenarios:
Either it touches the 11000 trend resistance and bounce back to 5000 or Goes beyond 11000 in case of more breakout FOMO.
Disclaimer: Past Scenario is independent of Current Scenario.
But, It is likely possible to make this again which will make the price drop sharp to 5000 levels and then a bounce to 10000.
Another Chart of Bitfinex, Shows a different scenario. It tells that a dip to EMA 250 is necessary and imminent and further breakout may result in havoc to all crypto enthusiasts but that will be a manipulation move. That manipulation which cannot be ruled out may dip the price into the range 1500-2000 USD. Hardly it will break the channel.
Next, After a dip to...
Hello Everyone,
I got this strange pattern in Month and Weekly Timeframe and it forms a rising wedge Pattern which says it will go down to 1124 dollars.
We also see strong support on EMA 250 but that doesn't suffice. Next supports 4916,3136, 1124,272 etc
Just my thought.
Fundamentally,
Bitcoin Halving will be a key factor to see the surge in any direction....
