Head and shoulder pattern breakout in SIEMENSSIEMENS INDIA LTD
Key highlights: 💡⚡️
✅On 1Hour Time Frame Stock Showing Breakout of head and shoulder pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3858+.
✅Can Go short in this stock by placing a stop loss above 3695-
Trendanalyse
Double Bottom Reversal in CHOLAFINCHOLAMANDLAM INV
Key highlights: 💡⚡
📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern .
📊 It can give movement upto the Reversal target of Above 1177+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 1235+.
📊 Can Go Short in this stock by placing stop loss below 1095- or last swing Low.
#NIFTY Intraday Support and Resistance Levels - 26/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19700 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19650 level then the downside target can go up to the 19530 level.
NZDCHF
If price move to 0.54500 and break the upward trend line then we can expect a bullrun in the market along with sharp move and 1st resistance will be 0.55000 and second resistance will be most probably 0.55750 and 3rd resistance will be 0.56500
If price move to 0.54500 resistance at 0.54500 and trend line rejects the price then we can expect that market will move along with trendline or follow the trendline and price will move in downward direction.
wedge pattern reversal in MGLMAHANAGAR GAS LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 1130+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1270+.
📈 Can Go short in this stock by placing a stop loss below 1044-.
Double bottom pattern breakout in DEEPAKNTRDEEPAK NITRITE
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2040+.
✅Can Go Long in this stock by placing a stop loss below 1985-.
Triangle pattern Reversal in SIEMENSSIEMENS LTD
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern .
📊 It can give movement upto the Reversal target of Above 3810+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 4400+.
📊 Can Go Short in this stock by placing stop loss below 3530- or last swing Low.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/07/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. Any Major upside only expected in case banknifty starts trading Above 46050 level.
ETH/USDT 4H Interval ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is staying below the local downtrend line.
When we unfold the Fib Retracement grid, we see that the price is in a strong support zone at $1902 to $1868, however as we move lower the next support is at $1823.
Looking the other way, we will similarly mark the resistance points for the price and here the first resistance is at $1932, then we have a strong resistance zone from $1970 to $1997, then resistance at $2030
The CHOP index indicates that there is still some energy left for the continuation of the move, MACD indicates a return to the local downtrend, and the RSI is moving in the lower limit, but with room for the price to go a little lower.
LTC/USDT Review 4H Hello everyone, I invite you to review the chart of LTC in pair to USDT. Let's start by marking the local downtrend line with a yellow line as we can see the price is about to try to break this line.
Moving on, we can move on to marking support areas when we start a larger correction. However, here we see that the price is at the upper border of the $93 to $87 strong support zone, when the price falls below this zone, the next support is at $80.
Looking the other way, we can mark the first support at $98.99, then we have a strong resistance zone from $105 to $109, only after an upward exit from this zone, the price will move towards resistance at $114.87.
When we turn on the EMA Cross 50 and 200, we can see that the price is moving just below the EMA Cross 200 and is close to an uptrend, which would indicate a return to the uptrend.
The CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD remains in the local uptrend, while the RSI has a visible increase, but there is room for the price to go a little higher in the coming hours.
ETH/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow line to mark the local downtrend line from which the price is moving sideways.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we first have a support zone from $ 1904 to $ 1868 where the price is currently located, but when we go lower, the next support is at $ 1825.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first strong resistance at $1932, and then the price will have to break through the strong resistance zone from $1970 to $1997.
The CHOP index indicates that there is a lot of energy for movement. The MACD indicator is close to turning into a local uptrend. On the other hand, on the RSI we moved back to the lower end of the range, which may give room for price increase.
ATOM 1D ReviewHello everyone, I invite you to review the ATOM chart in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the uptrend line on which the price is currently based.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $8.81, and then it is worth marking the support zone from $7.89 to $7.26.
Looking the other way, we see that the price has turned around at the resistance of $ 10.29, when it manages to break it, we have a strong resistance zone from $ 11.06 to $ 11.56, only after a positive upward exit and testing the resistance will the price be able to keep going up.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates a downtrend, while the RSI is in the process of rebounding, and looking at the energies and the MACD, we can expect a price drop.
BTC/USDT 1Hinterval support and resistanceHello everyone, let's look at the BTC to USDT chart on one hour time frame, the price is trading below the local falling trend line.
To check the supports, we will use the trend based fib extension tool and as you can see, the first significant support is at $29,481, and then we have strong support at $29,306.
Now let's move on from the resistance line, as you can see the price fights the resistance at $29783, then we have a strong resistance zone from $29930 to $30038 and then resistance at $30172.
The CHOP index indicates that there is energy for further movement, the MAC maintains a downward trend, and the rsi is moving under the downtrend line, only when we exit it can we see the price increase.
ETH/USDT 1D Interval ReviewHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is based on the uptrend line.
After unfolding the trend based fib extension mesh, we see that the first support is at $1869, and then the second at $1825.
Now let's go from the resistance line, as you can see the first resistance is $1942, if you manage to break it, the next resistance will be $1975, $1998 and $2029.
The CHOP index indicates that there is energy for further movement, the MACD indicates the transition to a downward trend, and the RSI is rebounding to the middle of the range, which may result in a further price drop.
ETC/UST 1D ReviewHello everyone, I invite you to review the ETC chart on the one-day interval. As we can see, the price did not manage to stay on the downtrend line and was quickly reversed.
After unfolding the Fib Retracement grid, we see that the price is holding just below the support at $19.19, the next support is at $16.69, then the third support at $14.84, and when we go lower we have a fourth very strong support at priced at $12.57.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $21.67 with the downtrend line, then resistance at $24.15 and then the price will move to resistance at $27.26.
At this point, it is worth including the EMA Cross 200, which indicates that the ETC attempted to return to a strong uptrend, but it was a false break and a quick return.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the continuation of the downward trend, while the RSI has approached the middle of the range, so the move will be based on BTC price jumps.
BTC/USDT 4HInterval ReviewHello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel where the price is at its lower border, while using this line we can mark the downtrend lines in the current channel where the price is higher with a sideways move.
Now let's move on to determining the resistance, for this we will use the trend based fib extension tool and as we can see the first significant resistance is at the price of $30705, then we have a strong resistance zone from $31220 to $31591, and only then the price will move towards the resistance at priced at $32,052.
Looking the other way, we can also mark support places for BTC, as you can see the first support is at $29687, and then we can mark a very strong support zone from $29227 to $28897.
Please pay attention to the CHOP index, which indicates that there is a lot of energy for the upcoming move, the MACD indicator remains in a downward trend, but is close to changing the trend, and after reacting, we have a sideways movement on the RSI with the place for the price to move towards the first resistance.
BNB 4HInterval ReviewHello everyone, let's look at the BNB to USDT chart on a four-hour time frame. As you can see, the price has moved above the downtrend line.
After unfolding the Fib Retracement tool, we see that the first support is at $247.82, then we have a strong support zone from $245 to $243, and then support at $240.97.
Looking the other way, it is worth first marking the resistance zone from $ 253 to $ 256, and then the support at $ 261.37.
The CHOP index indicates that there is energy for a further move, the MACD remains in a downtrend, and the RSI has a sideways move around the middle of the range, which may result in a slight upward move in price.
Matic/Usdt 1D ReviewHello everyone, I invite you to review SOL in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $22.38, the second support is at $19.68, the third support is at $17.44, and then we have a strong support zone from $15.20 to $12.
Looking the other way, we see that the price has reached an important resistance zone from $ 27.14 to $ 32.34, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at the price of $38.89.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are in a downtrend, while the RSI has a rebound and we are moving at the downtrend line, which may indicate a larger correction.
SOL/USDT Review Long-TermHello everyone, I invite you to review the SOL chart, taking into account the one-day interval. As we can see, the price has moved up from the sideways trend channel, and is currently testing the maintenance of increases, at this point it is also worth using the yellow line to mark the local uptrend line along which the price moves.
In order to determine the current support spots when SOL starts a correction, we will use the Fib Retracement tool and we can see that the first significant support is at $22.91, then we have a second support at $20.04, then a strong support zone from $17.31 to $13.24
Looking the other way, we can similarly determine the places of resistance that the price has to face. However, here it is worth noting that the price is struggling to stay above the resistance at $ 26.99, which is located at the golden point fib. then we have a strong resistance at $32.24 where the price turned around and a third resistance is at $38.71.
We will now mark the place where the price moved decisively above the EMA Cross 200, which gave a strong confirmation of the transition to an uptrend.
The CHOP index indicates that the energy has been used, the MACD indicates that the uptrend is maintained, while the RSI crossed the upper limit of the range, which gave the price a pullback, but we should still see a rebound after such a large increase.
ETH/USDT 4HInterval Daily ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving at its upper border.
When we turn on the EMA Cross 200, we can see that it held the price nicely at the time of the correction.
Now let's move on to marking the places of support. Here the first support we should take into account is at $1973, then we will mark the strong support zone from $1935 to $1911, however when the price breaks down from it we have another support at $1877.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at $2063, then we have a strong support zone from $2110 to $2144, only when the price goes up, it will move towards the resistance at $2188.
The CHOP index indicates that the energy has been used. The MACD indicator confirms the uptrend. However, on the RSI we crossed the upper limit, which gives us moments of recovery.
BTC Daily Review 14.07.2023Hello everyone, I invite you to review the current cryptocurrency situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel that the price is testing after an upward exit from the channel. It is also worth marking the local uptrend line on which BTC is currently moving.
After unfolding the trend based fib extension tool, we see that the first support that held the price is at $31,127, then we have support at $30,915, but if the price goes lower, we can determine the important support zone from $30,690 to $30,390.
Looking the other way, we can determine the places of resistance in a similar way. And here a very important resistance is at the level of $31840, only when we exit above it, the price will move towards the resistance at $32096, and then towards the very strong resistance zone from $32346 to $32698.
Please pay attention to the CHOP index, which indicates that most of the energy has been used and we are currently moving sideways, the MACD indicator indicates maintaining the local uptrend, while the RSI shows a visible rebound after a strong increase, which may give room for another wave of price increases.
BTC/USDT big height 13.07Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line.
When we unfold the Fib Retracement tool, we see that the first support in the near term is $31084, the second is $30816, then the third at $30603 and then the fourth at $30396.
Looking the other way, we see that the price has hit a very important resistance at $31,520, when it breaks it, we can see an increase towards a very strong resistance at $32,643.
The CHOP index indicates that the energy is exhausted, the MACD confirms the ongoing uptrend, and the RSI has crossed the upper limit, which may soon change the trend to a downward one.
Review Chart DOT/USDT 4HHello everyone, I invite you to review the DOT chart in pair to USDT. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. And when we turn on the EMA Cross 200, we see that the price has stayed on this line, which indicates that the uptrend that was started earlier is being maintained.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $4.98, then we can mark the support zone from $4.58 to $4.25, however, when the price falls below this zone, we can see a drop to around $3.93.
Looking the other way, we see that the price has reached an important resistance zone from $ 5.35 to $ 5.65, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at $6.04, and then the price can move towards the resistance at $7.20.
Take a look at the CHOP index, which indicates that the energy is starting to regain strength, the MACD indicates that we are in a local uptrend, while the RSI is back to the middle of the range, which gives room for the price to go a little higher.