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HINDUSTAN UNILEVERHello and Welcome to this analysis HINDUSTAN UNILEVER the FMCG giant in hourly time frame is forming another ascending and inverted scallop bullish formation. Ascending & Inverted Scallops have a success ratio of approx 70%. They are found in bullish trends and their formation works wonderfully with Fibonacci ratios as found in this case. It looks good for 2700 as long as it does not break below 2590. Good risk reward set up as FMCG stocks appear to be in a strong uptrend. Good Luck and Happy Investing
NSE:HINDUNILVRLong
by Dinesh_C_Nagpal
ETHEREUM PERSONAL ANALYSIS IN THE SHORT TERM (ASCENDING MY BANK)The total evaluation for the Ethereum asset is bearish. Please be mindful of your risk management as always, this is number 1 -- even if you are the most amazing and colorful technical analyst with all those patterns and whatever, all of it are crap in the face of no risk management, in short you might as well be no different to wallstreet redditors. The asset as show in the chart has made a very convincing ascending line of triangle with continuous rejections on the 1620$ region. A breakthrough above 1620$ is very possible at this point and would potentially even reach a max level of 1720$ before dumping for a retest. To add for a further confirmation that this ascending triangle is valid is because we came from a triple bottom from BTC around 19,500-19,800$ The retest can be two things: Either it breaks down and it was indeed a falling wedge now. It continues to be a rising wedge. Please do not consider this as your edge towards your mega bullishness, the markets in both forex and crypto are still in a bear trend, a macro bear trend. This is just one of those mini-bull price action that will often reflect itself on the weekly as a higher low. Do you like this chart? Save it then! Comment on it, share it, boost it, bookmark it -- its yours! For free!
Long
by Wamses
POLKADOT PERSONAL ANALYSIS IN THE SHORT TERM (RE-SHORT RETEST!)The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we failed to hold will most likely be a proper target with a potential to make mega dumps even further. ------- Thank you for reading! Remind you that this is a 1H chart since the movement is more clean rather than 4H chart and 1D chart which are mostly jumbles. The 1H chart even explained how we broke through an important resistance from the bottom forming a bullish flag. Like this chart? Share it, bookmark it, save it -- its yours, for free!
Long
by Wamses
BINANCE COIN PERSONAL ANALYSIS IN THE LONG TERM (SECOND TRY!?)The total evaluation for the BNB coin is bearish. Please be mindful of the risks in each trade you do and consider your risk tolerance as well to avoid any sort of unnecessary repositioning or panic selling/buying. I see a big potential for BNB to break to the upside, embarrassingly enough the breakdown we just had days ago is still within the rising wedge for BNB but not with others, this means that BNB can still go form a higher-high and then dump. However, this higher high would more likely to be a fake-out and a desperate plea. The NASDAQ and the SP500 was able to end the day with a bullish harami which is a very bullish indication of a reversal point, now we are currently building a healthy market structure based on RE-TEST instead of just dropping rapidly in one fell swoop. --------- Like the chart? Boost, comment and share it to your friends!
Long
by Wamses
ETHEREUM PERSONALY ANALYSIS IN THE SHORT TERM (SUPER BULLISH!) The total evaluation for the ethereum chart in the short term is bullish. Please be mindful of your risks as usual and the only reason as to why I am writing this with bullish sentiment because as you can see in the chart, the volume profile gave us a clear indication as to why we did not dump for 3 days because of the fact that this area has so much volume congestion of trading activity -- it literally served as support. We might reach 1800$ at this point or depending on the trajectory we might even get a second retest at 2,000$. Goodluck everyone! ----- Like this chart? Share it, comment on it and boost it. I would love to hear from you. Thank you for reading!
Long
by Wamses
BITCOIN PERSONAL ANALYSIS IN THE SHORT TERM (TO THE MOON!)The total evaluation for the bitcoin chart is currently bearish. Please be mindful of your risk management as always, I sincerely think we are now in for the low. We re-tested 19,500-19,800$ as much as we want with now a confirmed triple bottom. Do I still stay bearish in a macro time frame? Absolutely, since the SP500 and NASDAQ are far from actual dumping considering how bad our macro-economic factors are such as inflation rate, gas prices, food commodity prices, house sale -- in short, there is still a ton of problems. We have already tested 20,400-20,500 multiple times, you can barely even draw an ascending triangle now and would break to 20,800-21,200$ -- From there, I see a very strong rejection, so be warned! ------ Like the chart? Amazing! Comment on it, boost it, share it, bookmark it, save it -- its completely yours for free!
BYBIT:BTCUSD.PLong
by Wamses
4
ADA CARDANO PERSONAL ANALYSIS IN THE SHORT TERM (SHORT CHANCE!)Overall price action and market structure of ADA CARDANO is bearish. Please be mindful of your risk management and as well as your emotional tolerance when it comes to your position. It is highly unadvisable for you to even revenge trade in a bear market where shorts are predominantly more profitable. In the chart shown above, ADA is testing on a cup and handle pattern however this is more than likely to be rejected as a double top -- the thing is it will go down eventually but it depends on how it will form in the near future. ------------------------ We have 3 possibilities: a.) Either it ends up as a reverse HnS with the right shoulder forming b.) Either ends up as a continuation pattern double top to the downside c.) Or it just ends up consolidating ------------------------ Either way, you should always take profits! No one got broke taking profits, remember that! Like the chart? Save it, bookmark it, share it to your friends, comment, and boost it -- its yours for free!
COINBASE:ADAUSDShort
by Wamses
BNBUSDT we can say we have an early indications of breakout for BNBUSDT as well, as you can find in graph bulls attempt to breakout the falling wedge opposition on numerous occasions which make it more fragile yet the volume is still low In the event that the breakout at last done effectively major areas of strength for with , we will search for $279.69 and $300 as a momentary focuses for bulls Invalidation: Assuming that significant supply broken bears will lead the market towards the green level or even new nearby low What is your take on BNB? Share with me in remarks area underneath ⬇️
by fadilahhanna
CHFJPY trade.Hello Traders! CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior. We might see in the long term an upside move heading towards the upper trend line at 157.000 level. I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level. Given that the price of CHFJPY been ranging below 144.000 level since 29 June 2022. I am interested to take short positions instead of longs in this area. Wait for the right pattern before executing. Patience is key. #THEPRIMES
Short
by alex_k_95
1
BTCUSD - A Simple way to look at things. In this look at COINBASE:BTCUSD I just use simple patterns and timing to give us the downside target of around 12k. This lines up with previous market tops and lows when it retraces up to 88.6% from the ATH. The other reason for one more low is the fact that the 3-4 week rally from the June low was very weak. There is also the pattern of high to high high which gives us around 140 days and we are headed lower from there. The FED also said that rates are going up for the forseeable future to curb inflation and we know that Bitcoin doesnt like that as it runs like a tech stock now. Anyway some thoughts for now and we need to find a small rally to get short.. The next few days will be key. ETHUSD is running the same with a downside target of 650. It was stronger in the last rally and made the 382 @ 1720. Enjoy the week. 👍👍
COINBASE:BTCUSDShort
by L_F
BTC PERSONAL ANALYSIS IN THE SHORT TERM (RAIN OF FIREEE!)Greetings fellow crypto fam! I am here to share a fairly well conclusion on what's gonna happen with bitcoin, we have been so exposed with lots of bearishness with all of the charts and patterns pointing more downside action. We have bearflags, rising wedges, inflation, rate hikes, housing market crashes, war, pandemic -- there's too much of anything in this world to even be at least interested in becoming a bull so I implore you to carefully consider your options in this market. There are two choices here,, either you enter shorts or puts in this monthly trend of bearishness or you can sit it out, wait for everything to settle probably 6 months or so and then decide from there. The totality of Jack Powell's speech in the Jackson Hole is a huge U-turn on his image basically because everyone was expecting for a neutral-rate hike or even a standard Jack Powell optimistic speech, but no he literally admitted that along the way some pain will happen and this cannot be helped by taking more of this approach aggressively and possibly even end it quickly. I like the brashness of it all, however he just nailed the door shut when he said that their decisions or outlook towards the economy would largely depend on "data". The bad thing about being data-dependent is that the economy could crash tons of money tomorrow and they will only act FROM there, there are no preventive measures, there are no concrete risk managements -- just pure reliance on what the potential future data can display and that's just sending everyone to their financial graves. This only proves that they literally cannot do anything to change what is happening and would prefer to just let the market settle ITSELF, all on its own , with continuous monitoring by yours truly, the FED. ---- Like the chart? The fundamental analysis too? Give my chart a boost, comment and share it. Its completely free, bookmark it, save it -- it is yours!
BYBIT:BTCUSD.PShort
by Wamses
ETH PERSONAL ANALYSIS IN THE LONG TERM (UPDATED) SHOCKING REVEALProfessionals, retail traders and even those that are just complete strangers in this space. I am saving this chart for a massive prediction that our play towards beyond 2,000-2,200$ would simply not play out quite easily, yes it is possible do not worry, however since we are in a multi-month resistance trendline ever since 2021. I do not think that it will be very easy for us to break this resistance and as we all know, as professional traders for every time we meet the resistance, it most likely more probable and agreeable to short it than gamble for a breakout without confirmations. One very notable point that I have to give you guys is the fact that this multi-month resistance COMPLETELY mimics to that of the stock market's NASDAQ, SP500 and DOW JONES. I personally think everything is indeed priced in and the markets are more than well prepared to send prices down in the name of resetting the economy and as well as making sure that for the entire years to come, we will be (or they will be too) in a much better position for a good massive long without even looking at their computers. ------------------------------------------------------------------------------------ Features in the Chart: We are in a giant ascending wedge (Bearish). We are in a giant descending triangle (Bearish). Multi-Month Support Trendlines and Multi-Month Resistance Trendlines. ------------------------------------------------------------------------------------ As I write this to all of you, this is the greatest prediction I will ever do and please do not forget to remember and save this chart for future years reference. Thank you! Shortly after, I will also post the stock market indexes.
FTX:ETHPERPShort
by Wamses
3
BITCOIN MASSIVE UPDATE FOR THE SHORT TERM (SHOCKING REVEAL)Please be mindful of your risk management as always, we are in a bearish adam and eve and will continue to break down to 20400-20600 before we see any light of retracements. Do not forget to keep following the stocks, we have already dumped from stock futures, but market opening is not even near yet. My best recommendation is to low leverage short until you can deduce a trend change, until then I do not see any sign of bullishness. A confirmed bearish adam and eve would break beyond 21,400$ and retrace back to this level. Do not forget to like, share and comment! :D
Short
by Wamses
ETH PERSONAL ANALYSIS IN THE SHORT TERM (CONFIRMED!!!)The total current evaluation for Ethereum is a massive bear. Yes, you are reading that right, it is a complete breakdown of a confirmed rising wedge on the daily and you know what that means? This means that the price will now go back to where it originally started. Please be mindful of longing anything right now as we do not have any confirmations on any sentiment or fundamental or economical news to support a bullish reversal. The NASDAQ and the SP500 are on its way down, you can check it on my profile. You are in a bear market after all, shorting is the best move as is longing in a bull market! --------- Do you like the chart? Do not forget to boost, comment, or share this to your friends. Bookmark it, save it, its completely free!
COINBASE:ETHUSDShort
by Wamses
SP500 INDEX PERSONAL ANALYSIS IN THE LONG TERM (DUMP)Noodle party? Well not exactly, its a solana chart spilling spaghetti everywhere! The total evaluation for this asset is extremely bearish and I could not even begin to become so engrossed in bear costumes all year round because who could possibly blame us? The cycle has ended just as it has always ended in previous cycles -- it almost always returns to where it started and considering how we just got resisted from the SP500 and NASDAQ on a monthly resistance trendline (you can check this out in my profile) , there's no guarantee that the current supports that HELD us in a bull market will even be strong enough in a bearmarket. The SOLANA chart has now been confirmed with a bearflag that we had been suspecting from since we dropped here in this range for months, a validated bearflag WILL create lower lows and its much stronger in a bear market obviously and especially in a macro-time frame (4H, 8H, 12 H, 1D, 1W). Never underestimate panic selling, always be mindful of your risks and make sure to enlighten yourself everyday with what is happening around the world so that maybe one day, huge positive fundamentals or catalysts would support a possible reversal towards our brand new all time high. ----- You like this chart? Give it a boost, a comment or share it with your friends. Bookmark it, save it, its yours for free!
BINANCE:SOLUSDShort
by Wamses
1
The Good, The Bad and The Ugly - BTC to $430 000 (there's a catc The Good: $430k is in slight 🚀 The Bad: $7-$9k will come first ⚡ The Ugly: it'll take 4 years to reach the top, 3 years of which in a bear market. 🐻 Despite the high volume in the recent weeks BTC was unable to push through $25 200 or hold the $23 800 resistance that flipped support for a short while! This is very significant and paints a grim picture, especially when paired with the state the US economy and the high inflation. This price action is usually characteristic for the PS stage in a Wyckoff Accumulation, where institutional buyers accumulate the asset so that they have enough of it to sell through major resistance levels (and subsequently buy back at a discount). This in turn triggers a cascade effect, pushing weak hands, who in a state of a panic try to salvage whatever they can and sell everything they have left at a great loss. In the short term we should see a bonce back to $22 600-$22 800k before the final leg down. Bottom price is not guaranteed, but the bottom will almost certainly be at the end of November / beginning of December. To show the potential path I've used an inverted fractal from ADA that covers the accumulation period and the ascend to $3+. Never a financial advice, dyor.
by Rezakov