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BTC: MORE DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. In my previous BTC update, I clearly mention that BTC is at resistance so do not hold your longs and book profits in your long position. Hope you guys listed and save yourself in this dump. Now, what's the next possible scenario from here? BTC is forming an ascending broadening wedge-like structure in 2hr time frame which is generally a bearish pattern. After breaking down this broadening wedge, it is currently retesting it. So after this successful bearish retest, I'm expecting more dumps from here. Invalidation:- Break and close above $21.1k will invalidate this bearish broadening wedge scenario. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Short
by CoreCrypto1
4
ABFRLHello, my dear friends and fellow traders. What we are going to look at today is the ABFRL stock. This analysis is based on weekly chart. This stock gains support level and breaks the previous resistance level and makes all-time high. There are opportunities to go upside because this support level has been carried the price once again to all-time high Thanks & regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
NSE:ABFRLLong
by AlphaTradingStation
Is $EXTR ready for the next move higher?Notes: * Strong up trend * Great earnings QoQ * Basing for the past ~8 weeks * Pulled back to its 50 day line and found support around the 18.17 area * Now coming up on the right side of its base with higher than average volume * Offering an early entry * Printed a Pocket Pivot, indicating institutional demand Technicals: Sector: Technology - Communication Equipment Relative Strength vs. Sector: 5.94 Relative Strength vs. SP500: 5.88 U/D Ratio: 0.97 Base Depth: 15.74% Distance from breakout buy point: -5.99% Volume 88.56% above its 15 day avg. Trade Idea: * Now's a great time to enter as it's just coming off of its 50 day line and also printed a pocket pivot. * Based on its prior performance, $EXTR can go another ~17.6% from here. * If you're looking for a better entry you may be able to catch one around 19.3
NASDAQ:EXTRLong
by HaseebKhan_90
BTC: BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BTC update. My previous BTC analysis went wrong, I didn't expect that quick pump from $18k to $21k and IMO no one caught that kind of move. Still, I fully accept my mistake and try to learn more daily from the market. Now, let's get to the chart. As you see, BTC is forming a large falling wedge-like structure in the 2-day time frame and currently rejecting from the upper trendline of the wedge. From here, I'm expecting a correction up to $18k-$19k and this is the zone where I buy everything with a tight SL. I'm expecting that after reaching the $18k-$19k zone, BTC will start pumping and breaking this falling wedge. Once it breaks above it then be ready for $30k Invalidation of bullish scenario will be close below $18k So as of now wait patiently until BTC reaches the support zone ($18k-$19k). Meanwhile, in between, try to do some scalp with a strict SL. What do you think about this? Do you agree that BTC should do a pullback from here? Let me know your thoughts in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
18