Short-Term (1-Hour Chart): Support Levels: The green lines indicate key support zones at 62,923 and 56,220. If BTC drops, these are likely the levels where the price may bounce back. Resistance Levels: On the upside, we see resistance levels at 66,099 and 72,060. If BTC breaks above these levels, a stronger upward movement is anticipated. Expectation: The green...
Crude oil PRZ mentioned in chart. We can expect one more leg down before the bullish reversal around PRZ zone.
Short nifty on retest of resistance levels around 10700-10900 with a stop above higher resistance levels around 11170 and 11589. Target 8700 TIme frame around 2 weeks. The setup is in line with my earlier analysis on nifty: Analysis and my views are for paper trading only
gold is showing weakness around higher levels. Trade as described
Selling nifty on retest of 100 ema~11950 to target lower levels at 11350. with a stop above 12200
Broken the symmetrical triangle pattern.
$btc harmonic patterns combo (Gartley, bat and cypher) in development in line with my earlier post.
$btc seems to be working on a bat harmonic pattern (ignoring the wick as its not present on other exchanges), also support seems to be holding around 6450 region. Two possibilities for the next move if the support doesn't break.
$xrp is working on a cypher consolidation pattern right now with the PRZ(price reversal zone) aligning with prior support level as well. To be traded only if the pattern completes and price shows signs of reversal around the D point, targeting the 0.382 and 0.618fibs as targets.
#Bcash reversed after making a bearish bat harmonic around 500 level, which led to the development of the larger bat pattern in play. Price reversed precisely around the 0.886fib and will now look to target the region between the 0.382-0.618fib region of CD leg of the larger bat.
#Gartley trade setup. Take profit at 0.618fib of AD
#pnb forming double bottom at base support with a break above the trendline. Long trade can be considered if the double bottom is confirmed i.e break above 95 resistance level.
$BTC #bitcoin is currently testing important levels and it is currently a watch for me. Just did some historical analysis during the last bear 2013-14 and the current scenarios that can play out during upcoming weeks for #BTC Zoomed in view:
#ardor is finally showing signs of a short term reversal with MACD histogram upticking and a bullish k-d cross
#Cardano #ada offering good reward:risk at the trendline support levels. Price currently supported by the 30DMA and facing resistance at the 50DMA level at 2350. Bullish view if we get a break above 2350-2400 where we have the 0.382fib and 50DMA resistances. $ADA weekly heiken ashi color change at yesterday's closing, after an extended downtrend
$Salt showing signs of reversal as bullish presence develops as shown by the obv, macd, and RSI divergences. Weekly heiken ashi candles expected to change colors at todays closing. Areas of Resistances as mentioned. twitter.com