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BTCUSD Trading ideaAt this moment to know the direction of the cryptocurrency bitcoin is unknown but as far as i know, if btc price is going to drop for a retracement, first they have to shoot up as high as possible after wiping off the retailers and the intuitional would be cashing out when all the early buyers enter the market. so selling at this point is very very risky and also buying it now is the most stupidest thing to do as the margin of safety is super low . at this moment the best thing to do is just wait for btc to give a very good bargain price to enter in the market. wait for the super spike up and then it will slowly drop when others will be buying massively. . do not be a sheep following the price and when its too high and start dropping then you will be the troll buying at the highest price.
B
by Haarshy-2ndlevelhunter
2
#BTC #Bitcoin AnalysisBitcoin broke the resistance of the previous ATH with a volume higher than the previous one, although not the largest of the full cycle. A bullish channel has formed that had two small breakouts with throwback. The price action is above $ 34,000, which remains above the support of $ 33,300 the probability of continuing to rise remains. In addition, the overbought pressure indicated by the indicators has decreased, which could lead to a continuation of trend (some divergences are no longer important). However, if momentum falls, we could see a pullback again that would move between the $ 30,000 and $ 33,300 supports, and the simple moving averages that would act as dynamic supports.
Long
by jumperstars
ICICI Bank: Key Support and Resistance LevelICICI Bank is in strong uptrend and my personal view on ICICI Bank is bullish medium to long-term. However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter. That's why you need to know from where ICICI Bank might bounce back. So, I draw key diagonal Support and Resistance level. Wait for these levels and when price rejects this price level, you may get an opportunity to make money. Happy Trading!
NSE:ICICIBANKLong
by AkmeAnalytics
BankNifty: Key Support and Resistance LevelBankNifty is in strong uptrend and my personal view on BankNifty is bullish medium to long-term. However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter. That's why you need to know from where BankNifty might bounce back. So, I draw key diagonal Support and Resistance level. Wait for these levels and when price rejects this price level, you may get an opportunity to make money. Happy Trading!
NSE:BANKNIFTYLong
by AkmeAnalytics