Levels
BANKNIFTY--Will Touch ATH ??Observations::
The Banknifty index is showing selling pressure in ths zone @43900 level...
but failed to take the price below yesterday's supply zone @43700 levels.
until price breaks this level and retest don't think of short again...
False breakdown may also happens....don't go for short until price breaks 43600 level. It may again reverse...
if we see the chart, price respect the demand zone @43400 and will again moving upwards...
on top we have strong resistance levels @44100-44200 level...
if price consolidates between these 2 levels and will gives us breakout...
if price consolidates between 44100-44200 level and moves upward..
we have strong fall area 44350 level,may push the price downwards again but area of value @44100-44200 will again push the price upside...
so consider it as a pullback to 44100-44200 level.
Again price is also near its trendline breakout...
MY TRADE TODAY 001BYBIT:DODOUSDT.P
Hey guys I'm excited to show you my trades on these coins on a daily basis so to start it off today I'm looking to just simply follow the trend on the 15M timeframe on DODOUSDT I will be getting more into the day trading side of things instead of the swing trading side so I can be more active on here with everyone so sit tight and let me show you guys what i can do over a period of time. SO this is still a limit buy so sit tight and let it grab the bag!
BTC ANALYSIS 23/06/23BYBIT:BTCUSDT.P
Okay so what I'm looking for in this swing up is the extension, so the last 2 extensions have been a 50%+ move and right now we have had about a 25% swing up I also have a potential resistance zone where we could consolidate for a while but the real resistance level that interests me is the 35k mark which would make this swing very similar to the last and would take that to about a 40% move I mean it could even move up more but this is my thoughts for now.
Stay patient.
Keep wondering.
Thanks guys.
Silver BuyXAGUSD has made a beautiful move downward and now it seems like the bears have got exhausted selling this metal and we could see a daily level Bearish candle which has started with a good momentum to sell and then at the end of the day the Bulls had taken the control back and Pushed it all the way up with a bigh wick rejection also on the 2nd day after bullish push the control remained in the hands of bulls which formed a moroubozu candle with a high bullish momentum now from top to down on H1 we had a support level and a resistance level and marktet is lingering between our zone we will waiting for the metal to reach at Support level and give a bullish price action confirmation so we will be having a buy position other wise we will wait for break out of H1 Support level and short to our daily support level so we are watching this metal keenly any progress will be sighted shared with you guys
BTC ANALYSIS 19/06/23BYBIT:BTCUSDT.P
BTC is at such a crucial level holding that 200EMA on the daily if it decides to break that level, I think we find some more support for some long trades at the 24k mark (where my slight grey line is). BTC's support is so genuine in the way of finding the feel for them zones of support it gives you such opportunity to snipe trades on lower timeframes, ETH usually correlates to btc so you could catch a trade on there or you could go find some alt coins that have bottomed out and are ready to spike! the list goes on and on. Today I'm staying patient with the trades I have until btc has a clear movement.
Thanks guys.