[INTRADAY] #BANKNIFTY PE & CE Levels(07/01/2025)Today will be gap up opening expected in banknifty. Possible it will open near 50450 level. After opening it will face immediate resistance at this level and expected downside from this level upto 50050 and this downside can extend for further 400-500+ points in case banknifty starts trading below 49950 level. Any upside rally only expected if banknifty starts trading and sustain above 50550 level.
Marketupdate
#NIFTY Intraday Support and Resistance Levels - 06/01/2025Gap up opening expected in nifty. After opening nifty will trade in between the zone of 24000-24200 level. If nifty gives breakout of 24200 level and starts trading above 24250 then expected strong bullish rally in today's session. Similarly, In case nifty starts trading below 23950 level then bearish rally expected in nifty. This downside movement can goes upto 23750 level.
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅
"Altcoin Market Breakout? Key Levels Suggest Alt Season Ahead!"Technical Analysis:
Descending Trendline Breakout Potential:
The chart shows a clear descending trendline that has been acting as resistance for the past weeks. The price is now testing this trendline and is showing signs of accumulation near the yellow support zone.
Critical Support Zone:
The yellow highlighted area between $903B and $915B has provided strong support in recent weeks. This zone is crucial for maintaining bullish momentum. A breakdown below this area could signal a bearish scenario, but so far, it has held firmly.
Alt Season Indicators:
If the price successfully breaks above the descending trendline, it could trigger a rally in the altcoin market, leading to what many traders call "Alt Season."
The first major target in this scenario would be around the $1.1T mark, with further upside potential if market sentiment remains positive.
Projection Scenarios:
Bullish Scenario: A confirmed breakout above the trendline and sustained support above $915B could lead to a significant rally in altcoins.
Bearish Scenario: Failure to hold the $903B–$915B support zone may result in a retest of lower levels, potentially targeting the $850B range.
Market Sentiment and Outlook:
The broader crypto market is showing signs of recovery, with increased interest in altcoins. However, traders should remain cautious as market volatility remains high. Monitoring Bitcoin dominance and macroeconomic factors will be essential for confirming the start of a true alt season.
#EURUSDEUR/USD Update, The pair continues its upward trajectory, driven by improving Eurozone sentiment and USD softness. Bulls are eyeing a key breakout above , potentially targeting . Support holds firm near , offering a solid risk-reward setup. Keep an eye on macro data for further momentum. #EURUSD #ForexAnalysis #Trading
BTCUSD Update: Retest 100K or New Moves Ahead?Good morning, crypto enthusiasts! Today, the fear and greed index remains in extreme greed at 78, while the stochastic RSI has dropped to the oversold area at 9.
In the previous market update, I mentioned the potential for BTC to visit the 93K area. This morning, it dropped to around the 94K price range, which leads me to consider the 93K area invalid. So, where is BTC heading next?
Based on today’s price action, there’s a big probability for a retest of the 100K area. Following this, I see two possible scenarios considering the current extreme greed zone:
A pump to 105K–109K.
A dump to the 90K–85K area.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
BTCUSD Update: Correction or Pump to 107K?Good morning, crypto enthusiasts! Today, the fear and greed index remains in extreme greed at 78, while the stochastic RSI is sideways at 40.
From a price action perspective, there’s a higher probability of BTC revisiting the 93K area for a deeper correction. However, there’s a small chance of a pump to around 107K.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
BTCUSD Hits 100K, but Is Correction Looming?Good morning, crypto enthusiasts! BTC finally hit the long-awaited 100K milestone, reaching as high as 104K on some exchanges. However, this morning saw a significant drop, breaking through our red zone at 94K-93K.
The fear and greed index has dropped to 72, now in the greed zone. On the H4 timeframe, the stochastic RSI is at 39 and heading toward the oversold area. Looking at the Daily timeframe, BTC has a big chance of continuing its correction, with potential targets in the 84K range, or pushing the fear and greed index toward the neutral zone first.
Currently, there’s no clear sign of another pump for BTC, and even if it happens, it might only retest 100K within our green zone.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
BTCUSD Approaching Key Resistance: Will 99K Hold?Good morning, crypto enthusiasts! Today’s fear and greed index stands at 84, maintaining extreme greed status. Meanwhile, the stochastic RSI has entered the oversold area, sitting at 88.
From a price action perspective, the range of 96,900 - 97,500 has been successfully broken. The next target is 99K. However, caution is advised as there’s a potential correction range between 98,061 - 96,911.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
Bitcoin Reclaims $96K – Is $100K Within Reach This Month?Good morning, crypto bro's! Starting from today's market update, I will likely focus more on the H4 timeframe rather than D1. Larger timeframes will only be reviewed every 3 to 7 days, while daily updates will now rely on the H4 timeframe.
This morning, the Fear and Greed Index remains in the Extreme Greed zone, currently at 78, while the Stochastic RSI is in the middle range, around 40.
As I mentioned in yesterday's market update, Bitcoin had the potential to revisit the $93K range, and it finally did. Now, it has climbed back to $96K.
The $96,900 - $97,500 range and the $99,700 - $100,200 range remain challenging areas to break. Challenging doesn’t mean impossible—based on current price action, there is a high probability for Bitcoin to hit $100K within this month.
As always, stay safe, don’t FOMO, always manage your risks, and that’s all for today’s update. This is Akki, signing off with one chart. Have a great day and stay SAFU!
$BTC Correction to $93K? Or Pump to $101K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 76 (Extreme Greed).
📈 Stoch RSI: Still oversold (19).
💡 Analysis:
Current Action: Bitcoin is currently dropping and has reached the $94K range.
Next Move:
High probability to visit $93K.
Small chance for an instant pump to $101K.
📌 Stay vigilant, avoid FOMO, and always manage your risks.
I'm Akki, one chart at a time. Have a great day and stay SAFU!
$BTC: $101K Pump Possible? Or Correction to $93K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 80 (Extreme Greed).
📈 Stoch RSI: Still oversold (25).
💡 Analysis:
Current Action: Bitcoin hasn't corrected to $93K yet.
Short-term Possibility: Small chance for an instant pump to $101K.
Larger Probability: Correction to $93K– GETTEX:92K remains the primary outlook.
📌 As always, stay safe, don’t let FOMO take over, and keep managing your risks.
I'm Akki, one chart at a time. Have a great day and stay SAFU!
$BTC Hit $98K! Will Corrections Pull it Back to $92K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 84 (Extreme Greed).
📈 Stoch RSI: Showing signs of exiting oversold.
💡 Analysis:
Current Status: FWB:98K has been reached.
Correction Outlook: Small probability for $93K– GETTEX:92K , with a larger chance for a deeper dip to $85K– GETTEX:82K if support breaks.
Upside Challenge: Breaching $100K seems tough without a significant correction first.
📌 Reminder: Stay sharp and manage risks well. Markets remain dynamic.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
$BTC Eyeing $98K Again? Oversold Signals Fading!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 78 (Extreme Greed).
📉 Stoch RSI: Still oversold but showing signs of recovery.
💡 Analysis:
BTC price action remains consistent with yesterday’s outlook.
Short-term probability: Revisit FWB:98K –$99K.
Correction likelihood: May occur after BTC tests $98K.
📌 Reminder: Markets are dynamic. Stay sharp and avoid FOMO.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
BTC Oversold! $98K Revisit or Deeper Drop Incoming?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 77 (Extreme Greed, dropping).
📉 Stoch RSI: Entered oversold territory.
💡 Analysis:
On H4 timeframe, BTC shows a strong probability of revisiting the FWB:98K –$99K range.
However, larger timeframes still suggest potential corrections toward the green zone at $85K–$82K.
📌 Stay cautious. The market remains greedy but oversold signals need confirmation.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
[INTRADAY] #BANKNIFTY PE & CE Levels(27/11/2024)Today will be flat opening expected in banknifty. After opening if banknifty sustain above 52050 level then possible upside movement in market towards the 52450 to 52950+ level in today's session. But in case banknifty starts trading below 51950 level then possible major downside rally in index.
Bulls & bears struggling to take controlAfter a wide bearish trend that toke control since Sep 25th to push down the euro prices to reach 1.03314 as the lowest price for 2024 so far, the bulls are trying to get back control to push the price up, as the chart shows during this struggling the formation of a reflecting pattern "Head & shoulders" for the bearish trend which will be confirmed by stabling above the patterns "Neckline".
If the bulls succeeded to keep the price above the neckline then we may see an increase for the price that may target 1.07000 area.
Otherwise if the bears still in control and the price broke the years low then its more likely to target lower supports that may hit 1.02325
XAUUSDwhats your thought for xuusd? it sounds like you're discussing a potential movement in the price of gold, possibly predicting a drop below $2,610, but are hesitant to make a definitive call. This cautious approach is wise, especially given the volatility of the gold market. If you'd like, I can help analyze recent trends, key levels, or fundamental factors influencing gold prices. Let me know how I can assist!
BTC Struggles to Break $100K? Watch These Zone!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 79 (Extreme Greed, slight drop).
📉 Stoch RSI: Approaching oversold area.
💡 Analysis:
BTC peaked at FWB:98K yesterday before resuming its correction.
Breaking $100K seems challenging at the moment.
Major probability points to a correction towards the green zone at $85K– GETTEX:82K , as highlighted in previous updates.
📌 Market remains in a greed zone. Better to wait and see for now.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
BTC Near $100K! Correction Ahead? Key Zones to Watch!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 82 (Extreme Greed).
📉 Stoch RSI: Continuing downward toward oversold.
💡 Analysis:
BTC has corrected after its significant pump to $99,594.
H4 timeframe: BTC could revisit the $99K zone.
Daily & Weekly timeframes: High probability of a deeper correction to the green zone at $85K–$82K.
📌 Market remains in a greed zone, so it’s wise to adopt a wait-and-see approach.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
BTC on the Verge of $100K! But Beware of Sudden Dumps! Good morning, crypto bro's! 🌞
📊 Fear & Greed Index: 94 (Extreme Greed).
📉 Stoch RSI: Bounced at 56.
💡 Analysis:
BTC successfully broke through the $95K resistance, boosting its potential to reach the coveted $100K mark soon. However, with the Fear & Greed Index in extreme greed, there's a heightened risk of a sudden dump.
⚠️ Stay cautious, avoid FOMO, and maintain strong risk management.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
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!
BTC Pumping to 95K? Or Correction to 90K?GM crypto bro's! 🌅 Fear & Greed Index stays in extreme greed at 83, while Stoch RSI trends down towards oversold territory. 🚦
📌 Current BTC top price: $93,965.
🔼 Potential pump: $95K range.
🔽 Possible correction: $90K-$89K.
Market remains greedy, so stay sharp, don’t FOMO, and always manage your risk! 🛡️
I'm Akki, closing with one chart at a time. Have a great day and stay SAFU!