Shortterm
19.04.22 DOTUSDT 4HDOTUSDT TA Analysis 4H
DOTUSDT is currently in a double bottom pattern with resistance at $18.81. The pattern has a taget of of $20.31 and has a resistance point @ $19.24
If it manages to successfully reach its target and continue pumping to $20.31 it could form an another double bottom patern or an inverted H&S with a potential target of $22.60. After reaching $22.60 there will be an another inverted H&S pattern formed with a target of $28.18 which also happens to be a resistance point of the downtrend channel it broke out not too long ago.
TP1- $20.31
TP2- $22.64
TP3- $28.18
How long will EURCHF go upA bullish order flow has already been confirmed after a breaker was formed on the 4hr timeframe. The Low of the week was created yesterday and the price is aiming for the higher zones.
This should be a short term buy to be on the safe side. The target is the zone marked FVG (Fair Value Gap) because there is a price imbalance that needs to be filled.
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BTC Technical Update - Market Overview 4/13A quickfire analysis of the BTC market from my perspective today! Still learning how this platform works so bear with me, only realized I could look at other tabs when re-watching the VOD, so I will be sure to cover the equities/traditions perspective in the next one. This was also before my morning coffee so I'm sorry if you hear me misspeak at times.
Let me know what you think! And feel free to share your own analysis/comments/questions in the discussion section!
GTO/USDT CHART ANALYSIS BUY ZONE :
0.042-0.043
TARGETS:
0.047
0.049
0.052
0.055
0.059
0.064
You will thamk me later.
ETH sensitive situationETHUSDT can rise if it breaks the wedge upward($3555).
but there is chance for bears too! it seems like that ETHUSDT can make a Triple Top Pattern instead of breaking the wedge.
Also RSI has a downtrend and a weak bear sign.
So in my opinion putting a stop-loss at $3555 and $3450 is good.
ADA could be bearish in short term(reverse cup & handle)In my opinion ADA is making a bearish pattern. If price goes down to around $1.16 and then goes up, we will see a reverse cup and handle on the chart.
So I suggest create an alert around $1.16 to watch if the price goes up.
Note that this is not a financial advice. So always do your own analysis before taking any action.
Can We Consider M&M For A Short Or Long Term Investment? NSE:M_M
M&M
On Weekly Chart Looks Strong Enough To Consider It For Short Or Long Term.
Stock In A Range Of 950-660 From Past 3-4 Months While At The Same Time Major Indexes Showing Good Fall.
And From Last Few Weeks We Are Seeing Good Bounce Back On Weekly Chart From Demand Area Of 727-660.
Which Indicates Stock Has A Good Strength As Compare To Benchmark Index.
In Months of May, July, Sep 2021 Though We Had See Similar Kind Of Bounce Back From Level of 727. Which Did Not Managed To Show Any Good Follow Through And We Had Seen Prices Rejecting From The Supply Area Of 890-950.
But Current Price Structure Looks Very Much In Favor Of Bulls Because Bears May Have Been Finally Wipe Out In A Week Of 7th March 2022.
Area Of 890-950 Can Still Be A Bit Of Hurdle For M&M And One Can Wait For Breakout To The Same Level.
BTC Back to the Main TrendAccording to my analytical view, BTC is already in the Demand Zone position, with the Average Price at 38169, and has been rejected on the Daily Moving Average (WMA-1000) line. And also forming the Second Leg of the Wyckoff Pattern (H4 Timeframe). Thus, it’s expected that BTC will return to its main trend, which is going up.
US30 BUY BIASMy bias for this buy is simply to take out Asian London highs before selling -- I could be wrong and we could still be bullish , however what I think will most likely happen is US30 taking out Asian/London Highs to then come lower and take Monday's Lows -- Let's see what happens, however I entered a small risk trade of 2 contracts at 25 pips for a reward of 100+ pips.