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BTC Faces Heavy Resistance in Blue Zone: Pump or Correction ?Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 82 (Extreme Greed). 📉 Stoch RSI: Heading toward the oversold zone. 💡 Analysis: BTC's price action remains bullish, with the $95K target still on track. However, the current blue zone between $93K - $99K presents significant resistance and poses a high risk of correction. 🔑 Stay sharp, avoid FOMO, and prioritize risk management! 🛡️ I'm Akki, as always, one chart at a time. Have a fantastic day and stay SAFU!
INDEX:BTCUSD
by x_Akki
S&P Weekly Recap: Rally Falters Amid Lack of ConvictionLast week’s market action delivered a reversal in sentiment, highlighting the fragility of the rally that had persisted since the so-called "Trump rally." The week began slowly, with the market testing buyers’ conviction to push prices higher. After confirming a lack of such conviction, sellers stepped in, driving prices sharply lower. As suggested in my previous recap, 585 (VAH) provided temporary support, and the week closed near this critical level. Interestingly, most major sectors participated in the downward move, aligning with the broader market trend. However, XLF (Financials) stood out as the exception, managing to post gains despite the sell-off. This divergence suggests that there is still buying interest, with money continuing to flow selectively into the market. The immediate objective for the bulls is to hold 585 and attempt to fill Friday’s gap. Failure to do so, with the price returning to the 568-585 range , would indicate that the rally is nearing exhaustion. While this would not immediately signal a transition into a bear market, it would mark a notable shift in sentiment. The 568 level remains critical for buyers; as long as it holds, the broader uptrend stays intact, and bulls maintain the upper hand. Meaning that I keep "bullish" outlook. This week, the market’s attention will be on NVIDIA's earnings on Wednesday. While the previous report didn’t cause much volatility, traders will be closely watching for any surprises that could influence market momentum.
AMEX:SPYLong
by hermes_trisme
BTC Correction Incoming? Fear & Greed Index Drops to 80!GM crypto bro's! 🌅 Fear & Greed Index drops from 88 to 80 today, but we’re still deep in extreme greed zone! 😬 BTC finally showing signs of correction after a wild ride. Current probability points towards a pullback to the FWB:83K - GETTEX:82K range. 🧐 Let’s see if this correction deepens or finds support here. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Hits $93K! Is a Major Correction Next?GM crypto bro's! 🚀 BTC just hit a top at $93K! Fear & Greed Index is up again, reaching 88 — extreme greed mode is ON! Stoch RSI remains heavily overbought, making this bullish rally look ripe for a deeper correction. 📉 Personal outlook stays the same as yesterday; we’re seeing strong rejection around the 93K range. Expect potential corrections to revisit our yellow zone between 80K-77K. Keep your eyes on it! 👀 Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
S&P500 Is Approaching Key Support Level.Hey Traders, In today’s trading session, we’re keeping a close watch on the US500 for a potential buying opportunity around the 5800 zone. The index is currently trading in an uptrend, but we’re seeing it enter a corrective phase. This correction is bringing it back toward the 5800 support and resistance area, a critical zone that aligns with the broader upward trend. The 5800 level could serve as a strong entry point, offering an opportunity to join the prevailing uptrend at a favorable price. If price action confirms support at this level, it may signal a potential rally continuation in line with the broader market momentum. As always, ensure you manage risk and stay cautious in your entries. Trade safe, Joe
CAPITALCOM:US500Long
by JoeChampion
5
BTC Eyes $100K Target! Will This Insane Bull Run Continue?GM crypto bro's! Fear & Greed Index surges from 80 to 84, deep in extreme greed. Stoch RSI still in the overbought zone. 🚨 BTC peaked at 90,177, with minor corrections only down to 85K. The question is: will it keep pumping into the 93K-100K range? 🤔 My personal view? We might see a correction entering the yellow zone around 80K-77K, but don't rule out a continued pump toward 100K! 💥 Market remains ultra-bullish. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
1
BTC Rockets to 89K! Next Stop: 100K or Major Correction?GM crypto bro's! Fear & Greed Index spikes to 80, deep in extreme greed. Stoch RSI remains in the overbought zone. 🚨 Despite previous correction signals, BTC continued its insane pump, breaking through our predicted 82K-85K range and peaking at 89K! 🤯 Where’s it headed next? Potential correction zones are: 85K-82K, 80K-77K, or 74K-70K. If the pump continues, we could see BTC hitting the 93K-100K range! 🤑 The market is ultra-bullish. Stay alert, avoid FOMO, and manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
Nifty Short, Medium & Long Term : 12-Nov-24 to 16-Nov-24Nifty Short, Medium & Long Term : 12-Nov-24 to 16-Nov-24 Nifty closed at 24141 (Last week 24304) and touched high & low of 24433-23815 RSI ,Macd and stochastics levels are still down at the bottom. Last week Market continue to be down and narrow rangebound as expected. FIIs are continuously selling in Indian market whenever Index trying to raise on otherside DIIs are purchasing equivalently, Which is leading to rangebound market. Caution was emphasized on Nifty for last 4 months as nifty PE ( Currently 22.2) is in high level with high valuation especially in Mid cap & Small Cap. Mutual Funds SIP shall be invested as the goal is for more than 5-10 years at this critical period , further market correction can happen upto nifty index to 22800 from current level, Individual value stock picking is a key at this critical time. Fundamentally good stocks to be invested at these time. My Stock analysis of diwali recommendation from major financial agencies/ analyst and also some of the stock which is good as per my analysis will be provided upon request. DM : karthik_ss ( Twitter) . Individual need to analyse on their own. Nifty 24141 Short term ( Short Term : Neutral) Nifty short term resistance 24458 ,24805 & 25370 Support at 24000, 23885, 23815 ( Last week Low) Medium Term next target is 25750 (if move up decisively above next target is 25350), 26268 ( all time high), 26968 Medium term Support 22800. Long Term : Nifty have a target of 27740, 28000 & 28190 ( Fibonacci Resistance). Support at 21900
NSE:NIFTY
by karthikss
S&P Soars on Election Results in a Stunning RallyLast week's market movements provided a strong example of how impactful certain events can be on sentiment and momentum. In the last market recap, I highlighted uptrend continuation as the most likely scenario. However, at the start of the week, there was absolutely nothing on the chart suggesting a V-shape pivot. Week started on a weak note, but Tuesday marked a shift, as buying interest began to surface, quickly escalating into a stunning overnight gap once preliminary election results emerged. Essentially, the election results had a similar impact on the market as an earnings report can have on a company's stock price. This influx of optimism solidified bulls' control over the market, reinforcing a strong weekly uptrend. The buying wasn’t limited to a few sectors; instead, it was widespread, touching every major sector by the week’s end. Such broad-based buying underscores that the rally is not sector-specific but part of a larger, systemic movement. While we’re seeing robust upward momentum, it’s worth noting that both weekly and daily RSI levels are approaching overbought territory. However, as often observed in strong uptrends, prices can comfortably persist in the overbought zone. With no clear resistance above, I would strongly discourage trying to catch the top. Important levels to watch include 585 (VAH) , which is key in the event of a potential retest of the last consolidation zone, and 568 (major weekly low) , which buyers must protect to maintain control. P.S. If you missed this insane rally, don’t blame yourself too much. Had the election outcome been different, it’s easy to imagine the market would have plunged just as dramatically. So holding short-term position was similar to trading company earnings, which is, in a way, a form of gambling.
AMEX:SPYLong
by hermes_trisme
BTC Hits 81K! Is a Massive Correction Next?GM crypto bro's! Today's fear & greed index shows extreme greed at 76, with Stoch RSI in the overbought zone. BTC has pumped massively, reaching our predicted high range of 79K-80K and even spiking to 81K! Given the extreme greed condition, a correction might be looming. Watch for potential rejections at 82K-85K. If we see a drop first, the correction range might hit 77K-76K. Stay alert, avoid FOMO, and always manage your risk. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
2
BTC at 77K! Correction or Another Pump Incoming?GM crypto bro's! Today, the fear & greed index holds steady at 75, still in Greed status. Stoch RSI remains in the overbought zone. BTC's peak is at 77K, yet it hasn't visited our expected correction range of 73K-70K. Overall, today's outlook mirrors yesterday's, with correction and pump potentials intact. The market is still riding high on greed—stay safe, avoid FOMO, and manage your risks wisely. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Eyeing a Correction? Watch These Key Levels!GM crypto bro's! Today, the fear & greed index is at 75 in Greed status. Stoch RSI is now entering the overbought area. Market outlook remains consistent with yesterday's analysis. Current BTC action hints at a high probability of correction in the 73K-70K range, while the potential pump target stays in the 79K-80K zone. The market is still driven by greed—stay safe, avoid FOMO, and manage your risks as always. That's it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Hits 76K! Next Stop: 80K or Correction?GM crypto bro's! Fear & greed index now at 77 in Extreme Greed, and stoch RSI is shifting from oversold to overbought. BTC finally reached our previous target of 76K! So, what’s next? Typically, after a solid pump, a correction follows, with potential dips to 73K-70K. If the momentum continues, we could see BTC eyeing the 79K-80K range. Market’s hot with extreme greed, so stay safe and avoid FOMO—manage risk as always. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
INDEX:BTCUSD
by x_Akki
BTC Surges to 71K! Will 76K Be the Next Target?GM crypto bro's! Fear & greed index remains at 70 (greed zone), with stoch RSI signaling potential relief from oversold conditions. Our previous outlook pointed to a dip around 64K-63K, but BTC took a turn, correcting only to 66K and now pumping to 71K. On the H4, a small correction around 70K may be on the horizon, with the pump target still set at 76K. Crypto is dynamic, probability is a probability—stay safe, manage risk, avoid FOMO. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU.
INDEX:BTCUSD
by x_Akki
S&P Weekly RecapLast week saw significant moves in the S&P 500 , with Thursday’s open revealing a sharp gap down that quickly intensified into a strong sell-off. This correction unfolded despite strong earnings from “Big Tech” and was likely driven by weakness in key economic indicators, such as GDP growth and Non-Farm Payrolls, combined with uncertainty surrounding the upcoming U.S. elections. Still, the broader weekly uptrend remains intact for now, as long as the index holds above key levels. One area to watch closely is the 566.6 support, which has been tested by recent volatility. There’s no guarantee that this level will hold if selling pressure continues, so it’s a crucial line to monitor. That said, the general uptrend is considered safe above 538 , which is the major weekly low. Another significant level to watch is 561.5 , the Value Area High (VAH) of the recent weekly consolidation zone. An interesting signal was the elevated call/put ratio on Friday. This uptick suggests that, despite the sell-off, bullish sentiment remains alive, with many viewing the dip as an opportunity. The continued strength of the XLC sector further reflects this optimism, as it managed to hold firm even through the broader index’s pullback. Considering all the above, the long-term market outlook remains bullish. Key levels to watch in the coming days are 566.6 for immediate support, 561.5 as an important pivot point, and the weekly major low at 538 . Next week is packed with high-impact events, including the U.S. elections and the Federal Reserve’s interest rate decision . Both are likely to drive heightened volatility and could serve as key catalysts for market direction.
AMEX:SPYLong
by hermes_trisme
BTC's Next Move After the 67K Test: Deeper Correction Incoming?GM crypto bro's, back to reality! Fear & greed index is at 70 (still greed), while stoch RSI hits oversold. Our previous target of 67K was visited. So, where does BTC head next? On the H4 timeframe, no clear pump signals yet. On the D1 chart, we’re eyeing our familiar range of 64K - 63K, as greed persists and a deeper correction is possible. Crypto is tough, as tough as life itself. Stay cautious, avoid FOMO, and always manage risk. I'm Akki, signing off with one chart. Have a great day & stay SAFU.
INDEX:BTCUSD
by x_Akki
Nifty Short, Medium & Long Term : 04-Nov-24 to 08-Nov-24Nifty Short, Medium & Long Term : 04-Nov-24 to 08-Nov-24 Nifty closed at 24304(Last week 24192) and touched high & low of 24498-24134 RSI ,Macd and stochastics levels are still down at the bottom. Last week Market continue to be down and narrow rangebound. Caution was emphasized on Nifty for last 4 months as nifty PE ( Currently 22.6) is in high level with high valuation especially in Mid cap & Small Cap. Mutual Funds SIP shall be invested as the goal is for more than 5-10 years at this critical period as the valuation is high and advised those with lesser risk can sell partial portfolio ( 20-30%) stocks which have less valuation and can wait for opportunity to buy when nifty dips upto 22800. Fundamentally good stocks to be invested at these time. My Stock analysis of diwali recommendation from major financial agencies and also some of the stock which is good as per my analysis will be provided upon request. DM : karthik_ss ( Twitter) . Individual need to analyse on their own. Nifty 24304 Short term ( Short Term : Neutral) Nifty short term resistance 24458 ,24805 & 25370 Support at 24000, 23885 Medium Term next target is 25750 ( if move up decisively above next target is 25370), 26268 ( all time high), 26968 Medium term Support 22800. Long Term : Nifty have a target of 27740, 28000 & 28190 ( Fibonacci Resistance). Support at 21900
NSE:NIFTY
by karthikss
BTC's Tug-of-War: 67K Dip or 76K Breakthrough?GM crypto bro's, happy weekend! Fear & greed index is at 74 (greed), with the stoch RSI nearing oversold. BTC still hasn’t closed below 69K, hinting at a possible pump to 76K. However, in this greed-driven state, it might be hard for BTC to rally up. Current price action suggests a potential drop to 67K is more likely. But probabilities are just that—possibilities. Stay safe, avoid FOMO, and always manage risk. I'm Akki, signing off with one chart. Have a great day & stay SAFU.
INDEX:BTCUSD
by x_Akki
BTC at a Crossroads: Correction to 63K or Pump to 77K?GM crypto bro's, happy weekend! Today, the fear & greed index stands at 72 (greed), and the stoch RSI is nearing oversold territory. Today's outlook remains similar to yesterday. If BTC's daily candle closes below 69K, a strong chance exists for a visit to the 64K-63K range. But if it holds, we might see another pump to 76K-77K. Stay sharp and avoid FOMO. Always manage risk. I'm Akki, signing off with one chart. Have a great day & stay SAFU.
INDEX:BTCUSD
by x_Akki
Monthly Octobull Closed, next Eyeing Corrections or insane pump?GM crypto bro's! New month, new profit. October closed with a strong octobull candle. Today, the fear and greed index is at 75 in the greed zone, while Stoch RSI shows rejection from the overbought area. The correction range of 70K - 69K we mentioned yesterday has been hit. On a monthly view, deeper corrections to our old zone at 64K - 63K, or even 61K, could unfold if BTC drops below 69K. Immediate bullish targets are at 76K - 77K. Seeing the greed out there—don’t FOMO! Akki signing off, stay alert and SAFU.
INDEX:BTCUSD
by x_Akki