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Apollo Hospitals Enterprises Ltd – Technical AnalysisCurrent Price: ₹6,891.95 (-1.35%) Key Levels: Resistance: ₹7,037 Support: ₹6,875 (immediate), ₹6,700–₹6,600 (critical) Trend: Price has broken the lower boundary of the upward channel. Watch for a potential reversal around ₹6,700–₹6,600. RSI: Neutral, trending lower. Moving Averages : Testing the 50-day MA. 200-day MA at ₹6,200 acts as strong support. Volume: Decreasing, signaling less buying pressure. Strategy: Buy if reversal occurs at ₹6,700–₹6,600, targeting ₹7,037. Stop-loss : Below ₹6,500 for risk management. Note: A break below ₹6,600 may lead to further downside.
NSE:APOLLOHOSPShort
by AngshumanSaikia
Microsoft seem to have made intermittent top. Look for reversalNASDAQ:MSFT has fallen in 5 waved from the top made in July and in process of retracing that down-move in ABC. The fall from top could be either a larger degree wave 1 or wave A. In both cases, soon wave 3 or C down should start since the wave 2/B has completed 61.8% retracement which is at 436.73. Stock closed below that level yesterday which makes me wonder if the down-move in wave 3/C has begun already. Assuming down-move has started, we should head towards 364 as per wave equality (3=1 or A=C), though if economic macros stay recessionary then the move could stretch to 1.6 or 2.6 times the size of wave 1/A (in log).
NASDAQ:MSFTShort
by YetAnotherTA
BITCOIN VS U.S. DOLLAR! BULL RUN??Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently showing signs of a bearish breakdown from a symmetrical triangle on the weekly timeframe. This suggests potential further weakness in the US Dollar. BTC Bull Flag: Bitcoin is forming a bullish flag pattern on the weekly timeframe, indicating potential upward momentum. Potential Outlook The combined analysis of both DXY and BTC suggests a favorable environment for Bitcoin. A breakout from the bullish flag, coupled with a weakening US Dollar, could lead to significant gains in the coming months. What are your thoughts on BTC's and the U.S. Dollar Index's current price action? Do you see a bullish pattern in BTC? Share your analysis in the comments below!
BITSTAMP:BTCUSDLong
by CoreCrypto1
NOT ANALYSIS (pump & dump)🔮 #NOT Analysis Pump & Dump 🌟🚀 There is a complete formation of Falling Wedge Pattern in #NOT. As we can see that there is a breakdown of the pattern in 12hr time frame. We can see a dump first in #NOT and then a reversal from its support zone.🚀🚀 🔖 Current Price: $0.00745 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #NOT. 🚀💸 #NOT  #Cryptocurrency #DYOR
by ZEUS_Market_Alerts
5
SPY does a rising wedge suggest a reversal? SHORTSPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is a high volume high liquidity slow spread instrument I see a buying a put option or s short swing trade short on the shares as strong consideration for the next trading day if the breakdown is confirmed.
PYTH:SPYShort
by AwesomeAvani
2
BTC ANALYSIS🔮#BTC Analysis : Pattern Formation 💰💰 📈 #BTC is making perfect Double Top Pattern and also there is a breadown of trendline. We can see a dump in #BTC. If #BTC sustains this breakdown then we will see a bearish move🚀🚀 📊 Current Price: $58190 ⏳ Target Price:   $52069 ⁉️ What to do? - We can trade according to the chart and make some profits in #BTC. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 #BTC  #Cryptocurrency  #Pump #DYOR #Breakout
Short
by ZEUS_Market_Alerts
Bitcoin Entering A Large Demand Zone- Bounce or Break Down?Hey everyone! It's been a while since I have posted some technical analysis as I have been taking a bit of a break from the markets. But now I am back in the game, it's time to get back to some good ole charting! So now that I am back on that BTC trading grind, it's time to get back to some TA posts. Bitcoin has been getting pretty hammered for a while at this point. BTC's price is hitting into a large demand zone in the 58K-60K range. We haven't broken the 60K price range yet, and we are showing some oversold conditions with momentum pretty much in the toilet. The next big demand zone below where we are now is in the 40K range, but I highly doubt that we will break down that low. It's absolutely possible though, so if I were you, I would be safe guarding my stacks until we know for sure, but of course, this is not financial advice. My play is to day trade futures and then stack some cheaper on-chain BTC while the prices are low and lowering average DCA price. I will keep stacking like this until we break above 74K, then I will hold what I have until we top out for the cycle and trade into stablecoins to ride the wave down. Be watching for a bounce at or around this level, it could be a good chance to go long and make some good profits. Of course on the flip side, we need to be watching for a break down below this zone. If that happens, I am going to be looking at 40K for the next stop as there really isn't much market support below the level we are in now. Do you think the Wall Street players and their ETFs will let Bitcoin go below 58K? Would love to know your thoughts in the comments!
COINBASE:BTCUSD
by thelogicaldude
LINK ANALYSIS🚀#LINK Analysis : What Next ??💲💲 ✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LINK and given a breakdown. We are expecting a little retest towards support level and then a bullish move📈 🔰Current Price: $13.455 🎯 Target Price:   $19.227 ⚡️What to do ? 👀Keep an eye on #LINK price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ #LINK  #Cryptocurrency #TechnicalAnalysis  #DYOR
by ZEUS_Market_Alerts