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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
BTCUSD—Extreme Greed Hits; Potential Correction Before Next PumpGM crypto bro’s! This morning, the fear and greed index has surged to extreme greed at 77, while Stoch RSI edges back towards overbought levels. BTC has seen a substantial pump over the past few days, reaching a peak of 73,613 yesterday. On the weekly timeframe, the next target may be around 82K. However, given the extreme greed conditions, a correction could likely come first, potentially down to the 69K area, before any further massive pump. Don’t FOMO—keep risk management top of mind. Akki signing off—one chart, one love. Have a great day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTCUSD—Achieves 70K; Short-Term Correction ProbableGM crypto bro’s, this morning’s fear and greed index holds steady at 72 in the greed zone, while Stoch RSI rebounds after touching oversold levels. Last night, BTC hit our anticipated 70K target—a mark discussed in previous updates. While yesterday’s market update hinted at a correction, BTC surprised us with an impressive pump to reach 70K. Next move for BTC? Given the elevated greed level and recent pump, we might expect a brief correction down to 68K in the near term. Remember, probability is just that—probability. Stay vigilant, avoid FOMO, and manage your risks. Akki signing off—one chart, one love. Have a great day and stay SAFU.
INDEX:BTCUSD
by x_Akki
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S&P sellers kick in, but the market remains strongLast week was marked by some selling activity. As anticipated, sellers took advantage of temporary bullish exhaustion and attempted to push the market down. A strong sell-off occurred on Wednesday, with the market losing 1.2%. However, this sharp decline did not see much follow-through, as the price found strong support at the top of the previous consolidation zone ( 574.7 ). On Friday, buyers even attempted to set a new daily high, but they were unable to maintain it through the close. All of this leads me to believe that the sellers are not particularly strong, and we remain in a broadly bullish environment. A few key points supporting this bullish outlook include: 1. The weekly uptrend is still intact, and there is ample room for this weekly higher low. 2. There is relative strength in "risk-on" sectors (XLK, XLY), suggesting that bullish sentiment hasn't completely faded. While we might see some short-term rotation within the 584.5–574.4 range, defined by two daily candle wicks (Wednesday and Friday), the long-term outlook remains decidedly bullish. This week, important economic data will be released, along with earnings reports from major tech companies. This is likely to cause increased volatility, but unless there are major negative surprises, bullish sentiment should remain solid.
AMEX:SPYLong
by hermes_trisme
Nifty Short, Medium & Long Term : 28-Oct-24 to 01-Nov-24Nifty Short, Medium & Long Term : 28-Oct-24 to 01-Nov-24 Nifty closed at 24192 (Last week 24854) and touched high & low of 25971-24197 RSI ,Macd and stochastics levels are down to the bottom. market Broke the key short term support at 24560 and went down. Last week Market was down as expected by more than 700 points but slightly recovered on last day of trading of the week similar to previous week. FII pulled out money and investing in China, Japan in Oct 2024. Indian Stock Valuation after Q2 results, Middle East tension are the reason for the fall. Caution was emphasized on Nifty for last 4 months as nifty PE ( Currently 22.8) 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 Pick will be provided in this week. Nifty 24854 Short term ( Short Term : Neutral) Nifty short term resistance 24450 & 25365 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
BTCUSD—Testing Probable Pump, Double Top Formation PossibleGM crypto bro’s, today fear and greed index remains in the greed zone at 72, with Stoch RSI touching oversold territory. On the D1 timeframe, BTC is likely to correct toward our previous range of 65K-64K. However, on the H4 timeframe, there’s an alternate scenario: a potential pump test toward 68K. Should a rejection occur here, we may see a double-top formation on H4. Probability is just that—probability. Stay sharp, avoid FOMO, and manage your risks. Akki signing off—one chart, one love. Have a great day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTCUSD—Oversold Zone Approaching, Correction LikelyGM crypto bro's, happy weekend! Fear and greed index remains in the greed zone at 74, while Stoch RSI continues to approach oversold territory. Today’s price action outlook is similar to yesterday’s update, with a likely target correction around the 64K range. Current potential for a pump is low. Remember, markets are dynamic—stay cautious, don’t FOMO, and always manage risk. Akki signing off—one chart, one love. Have a great day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTCUSD—Oversold Stoch RSI Signals Possible CorrectionGM crypto bro's, happy weekend! The fear and greed index is currently inaccessible—likely under maintenance. However, Stoch RSI is heading towards oversold territory, and the BTC candle close on the 25th broke through the previous day’s bullish engulfing. So, where to next? Based on today’s price action, there's a strong probability that BTC will correct to the 65K - 64K range, possibly even lower. Stay safe, don’t FOMO, and as always, manage your risk. Akki signing off—one chart, one love. Have a great day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTCUSD—Engulfing Candle Boosts 70K ProbabilityGM crypto bro's! The fear and greed index remains in the greed zone at 72, while the Stoch RSI is on its way towards oversold. The BTC candle on 24th October closed with a solid engulfing pattern, increasing the probability of further upward movement, possibly around 70K. However, given the fear and greed index has stayed in the greed zone for several days, keep in mind that the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTC Greed at 69: Key Price Action on Bullish Engulfing WatchGM crypto bro's! This morning, the fear and greed index is at 69 in the greed zone. The Stoch RSI has exited overbought territory. Yesterday, on 23/10/2024, BTC dropped significantly to the 65K range, but our 64K zone hasn’t been touched yet. Price action this morning shows that if today’s candle closes as a bullish engulfing, the chance of visiting 64K decreases, with a higher probability of BTC heading towards 70K. Keep in mind, the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
INDEX:BTCUSD
by x_Akki
BTC Greed Index Drops to 70: Correction Begins, Eyeing 64K ?GM crypto bro's! This morning, the fear and greed index slightly dropped to 70, down from 73, and Stoch RSI is signaling a potential decline, exiting the overbought area. Finally, BTC is experiencing a significant correction, dropping from 69K to 67K. The next potential correction target is in the 66K range, with a possibility of visiting our 64K range. Get your bullets ready to buy the dip, and as always, keep in mind that the market is dynamic—don’t FOMO, manage your risk. This is Akki, signing off—one chart, one love. Have a nice day and stay SAFU.
INDEX:BTCUSD
by x_Akki