Price has broken an important flag limit. This is a signal by institutional traders to go short at the levels mentioned in the chart to give an excellent risk to reward.
Red boxes keep the price down, whereas blue and Green one's keep the price up. For price to resume uptrend, the immediate red box must be broken for scenario 1 to prevail else scenario 2.
DXY is heading towards 104.23 Level. It will again resume its uptrend towards 116 mark, from where it will hit a monthly supply and expect a fall. Long from 104 levels.
Short BNBUSDT at 280.5. Reaction would break 270. Price moving to the DP to break a important level at 280 and will give a reaction that will engulf the previous low made at 272.
A lot of people like to invest in cryptocurrencies because of astronomical returns that these instruments offer. And for sure a lot of early adopters have benefitted from the meteorical rise of some of them. Similarly, a lot of people by investing at the wrong time have lost their hard earned money. So why do some people make money while others lose money on their...
ACC has touched the weekly demand zone and is expected to bounce of it. Target, Daily decision point located at 2488.9. Expect selling to continue after that.
Bank Nifty is Set for a reversal. We can enter shorts in the range of 41450-550 with a SL of 41920. With a SL of 470 Points. Target is 36988. RR 1:9.5
BNB seems to have made it's final journey up last week to check the weekly decision point located at 390-414 range and is rejecting from the DP. It should go and fill the range of 149-117 now before making any further decision of going up. More pain ahead for crypto buyers and HODLERS. #BNBUSDT
Bitcoin has been retracing from 26700 levels where the Fresh Left Shoulder of this entire bull run was located. 1. If 26260 was broken, the fall would have continued. 2. Another Important zone was the Left shoulder of this reaction from 26700, located at 28275-28675. 3. This zone successfully defended the price and now price is going to test the decision point...