TradeChartist

TradeChartist

This analysis is based on purely technical perspective with a Bullish bias primarily based on Fibonacci levels and support/resistance model. ITC has been grinding up slowly on Daily since the low of 134.6 from last year and is currently forming a Bullish Ascending Triangle as shown in the chart. Also the price has tested the broken support zone twice and...

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Bitcoin price is at an important launch zone here. The resistance though weak ( Price crossing psychological resistance of 50000 will make the 0.618 Fib retracement from last significant low to ATH & current Fib extrension resistance of 2.236 Fib level a weak confluence ), given the bullish daily candle, Bitcoin will face its first Hurdle on its journey to...

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IndiaBulls Housing Finance looks bullish on daily with huge potential upside both from Technical point of view and also based on fundamentals. Fundamentals: ============ The company said in a statement that it will gradually reduce its wholesale book by 33% by March 2022. According to the company, it is also planning to double the retail customer base by...

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EURUSD has been showing signs of Bull exhaustion with continued 4hr Bear Divergence on Bollinger Bands %B Oscillator, having faced resistance at the 1.272 Fib extension as shown on chart. The logical demand area will be the 0.382 Fib retracement which coincides with the 0.618-0.786 Fib Extension zone. Failing that support area, price will test the most likely...

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This zone looks like a sweet spot for longs and it is also a critical Support area on Daily as shown below. Let's see if this plays out as shown on chart.

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Digibyte finally wakes up from hibernation and has a lot of potential to rise over 30% in the short-mid term and price is now making Higher Highs and Higher Lows on LTF and mid Time Frames. All essential indicators pointing to bullish trend on 1hr. Fib levels on chart with arrow markers pointing to potential targets.

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RavenCoin is a community driven and a truly opensource project with no pre-mine, ICO etc., built on a fork of Bitcoin code. The project aims to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. Ravencoin was one of sensational coins that made the moonshot (RVNBTC) in the early 2019 with an incredible...

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Ethereum has become bullish on 2hr chart with price above the cloud and a potential retest of 369-375 zone quite likely, which is a thin resistance zone and if it successfully breaches it on a candle close, the stronger resistance zone of 392-400 will be tested. With Momentum, Ethereum will gain the escape velocity to break out into massive range area to see...

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XAUUSD is nearing the Daily support at 0.236 fib again and a fail will open a massive range below to 1850 zone. Will be watching this closely. Still not bearish yet on Daily based on Ichimoku and Intensity. DAily chart visualized using Fib Circles, Ichimoku Cloud and Intensity Bands.

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GBPUSD looking quite bullish here for a potential breakout from the ascending triangle on LTF. Momentum looks strong here too. Fib retracement levels on chart from here. Low Risk entry on 1hr. View on 1hr

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GBPJPY holding to the 4hr support pretty strong as the demand zone looks clearly established with risk being small for a short term lucrative long. Levels on chart.

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RVN has been on a downtrend for over 2 weeks and has broken the resistance on 2hr and LTF. The trend change means this long could be quite lucrative as RVN held the support despite the RavenCoin attack news recently as the Developers have been quick in acknowledging the vulnerability and reacting quickly to the event. Ravencoin has a strong community and despite...

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SPXUSD showing strong signs of growing bear power and trend reversal on 1hr looks confirmed with 1hr support failing. Low risk short with a large upside in terms of reward. Entry and Targets on chart (Generated by TrdeChartist premium scripts Plug and Trade using TrendRider on 1hr using Aggressive mode) Stoploss based on personal risk strategy As with any...

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Both Bullish and Bearish harmonic patterns indicate a drop on LTF. It has a been a fantastic Bull phase for LINK. Not in the long trade for now. Just watching price action on the sidelines doing some observations on chart patterns and harmonics.

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Simple Head and Shoulders idea. No complication here. Given the Link run last few days, RSI is starting to cool down. 0.618 looks likely and a move up there will start to confirm the right shoulder. Lets see how this plays out over the next several 1hr candles.

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Those interested in harmonics and chart patterns must play with LINK-USDT as this volatility has been a treat for the harmonic traders and those interested in research on Harmonic and Chart patterns using Fibonacci levels. Each of the pattern drawn on chart will have to be carefully analysed using Fib retracement and Fib extension based on type of the pattern such...

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Potential Bullish 3 Drive pattern forming for BTC on 1hr as shown on chart. Easy Low risk trade here as price shouldn't go below 0.618 Fib zone (recent low or nearby). Lets see how this plays out. Chart is self explanatory with numbers and fibs.

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Simple Cup and Handle idea on BTC 2hr chart with scale inverted. Lets see how this plays out in the coming days.