ZEEL : Bottom is MakingZEEL is around Long term Support
Support zone is around 130-150
And Stock is also making falling channel on a weekly timeframe.
Falling channel support is around 130-150
If we connect the dots we can see 1301-50 is the strong support zone.
We can expect price to bounce 150-200% from current prices.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Editorspick
FAIRCHEM OR : Multibagger Returns Soon !!FAIRCHEMOR stock has made Big Broadening Pattern
And around the support of Broadening pattern stock has made Ascending Triangle pattern
Also Stock has given Breakout of Ascending Triangle pattern
We can clearly see Breakout with Huge Green Candle!!!!
Stock can show 2100 levels in coming weeks
Which is 50% from here on.
Broadening Pattern target is 3000+
Which is more than 100% From current price.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
#stock #stockmarket #investing #money #finance #trading #investment
VIPIND : Best Swing Trading OpportunityVIP Industries has given Zero Returns from last 3 years
VIP Industries Stock currently around the support which was working as Resistance.
Stock has also formed Falling channel in short term and now around 500 levels is coming support from these 2 factors.
So stock is around the support and looking good for swing trading !
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
#stock #stockmarket #investing #money #finance #trading #investment #VIP #VIPIND
Ethereum: HISTORICAL CYCLES 📈Regarding Ethereum's historical data: -
In the first cycle, after the all-time low (ATL),
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days. - This time, it is expected to last between 1071 to 1064 days of a bull market.
First cycle: 777 days from ATL to surpass previous ATH.
- If history repeats, new ATH around July 2024 (700 days from now).
Last bull run: 1071 days long.
Expected current bull run: 1064–1071 days.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
#Crypto
BITCOIN: HISTORICAL CYCLES AND HEALVING ROADMAPE!THIS CHART IS BASED ON HISTORICAL DATE
In the first cycle, after the ATL,
> BTC took 532 days to break above it’s previous ATH.
> In the second cycle, it’s taken 546 days to break above its previous ATH.
> If history repeats itself, we could see a new ATH around 385 days from today, possibly by December
2024.
ROADMAP FOR BITCOIN HEALING
> First Halving: July 9, 2016
546 days of the bull market!
> Second Halving: May 11, 2020
546 Days of Bull Market after Halving 3
> Third Halving: April 25, 2024 (Expected)
Likely to last 528 days to 546 days of bull market.
Important THING TO BE NOTED
After every halving, BTC always does a slight dump.
As we can see in the chart, BTC dumped after the Helving on 2016.
In 2020, BTC dumped before the Helving
IMO, this time too, we may see a slight dump, but the question is before or after?
Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data.
I hope this graph clarifies how BTC's long-term growth dynamics work.
Only in a probabilistic approach, this concept is.
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Reliance : On a hourly chart bearish pattern Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Wedge
📌 Symbol/Asset: RELIANCE
🔍 Description: Stock is making rising wedge on a smaller timeframe.
Reliance is around curve resistance shown in the previous post.
Reliance resistance is around 2980-3030
Connecting the dots shows Reliance should fall from here on.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Reliance : Sit on the sell side before anyone else Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Curve Resistance
📌 Symbol/Asset: RELIANCE
🔍 Description: Reliance is near the resistance of curve on a weekly timeframe.
We can see correction of upto 15-20% from this prices.
Resistance is around 2990-3020 and Reliance stock should fall from these prices.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
#XAU: Symmetrical triangle breakout 🚨XAU, the symbol for gold, has broken down from a symmetrical triangle pattern after being within it for 91 days. From a technical standpoint, we can anticipate a 10% decrease in gold's price based on this pattern.
After successfully retesting the pattern, we can expect the first drop to target the initial level of support, which is around 1987.
Stay tuned for further updates.
Unveiling the 2024-2025 Price Revolution Post-HalvingIntroduction:
In anticipation of Bitcoin's fourth halving scheduled for April this year, let's delve into historical price patterns to assess potential heights Bitcoin might reach in the years 2024-2025 and when the anticipated start of the next bull run may occur.
Historical Analysis:
First Halving (28-11-2012):
A year before this event, Bitcoin was modestly priced at $2.48. As the market turned bullish, it climbed to $12.20 at the halving and continued its ascent. A year later, it peaked at $1,131.
Second Halving:
Before this halving, Bitcoin had fallen to $269 but rebounded to $650 by the time of the event. It soared for about a year post-halving, reaching an impressive $2,518.
Third Halving:
The cycle repeated, with Bitcoin dropping to $7,255 before the third halving. It then modestly rose to $8,762 at the halving and significantly surged to $56,615 a year after.
Analyzing the Fourth Halving:
The fourth halving is expected in April this year in the current cycle. A year before this date (April 2023), Bitcoin had an uptick to $31,000. This suggests a strong likelihood of a substantial rise post the fourth halving, potentially lasting until April-August 2025 and surpassing the previous high of $69,000.
Key Takeaway:
Bitcoin's price behavior exhibits remarkable consistency around each halving. It gradually begins to rise a year before the halving and continues for 12-16 months post-halving, reaching new peaks before entering a bearish phase.
Investment Strategy:
For long-term investors, understanding these patterns is crucial. The peak for this cycle might be between April - August 2025. It would be strategic to start exiting the market gradually at this point.
Conclusion:
As we analyze historical patterns, Bitcoin's potential trajectory in the coming years appears promising, emphasizing the importance of strategic investment decisions in light of the upcoming halving event.
I'm just simplifying things for you all #Bitcoin #Bitcoin Daily Update:
Bitcoin closed the day at $42,100, showing promise in its current trajectory. The price successfully breached the resistance trendline, and there are expectations for a test of the $44,000 resistance level.
Several influencers and traders, including myself, previously speculated on the possibility of Bitcoin retracing towards the $30,000 range. However, it's worth noting the significance of the 100EMA in the daily timeframe, which, if I'm not mistaken, played out effectively.
Looking ahead, predicting Bitcoin's next moves remains uncertain. All we can do is analyze and evaluate probabilities. At this juncture of $42,000, it is anticipated that Bitcoin will challenge the $44,000 resistance. A successful break higher could lead to the next targets at $47,000-$50,000. It's crucial to keep an eye on the 100EMA as an invalidation point.
Additionally, it's noteworthy to emphasize the importance of the weekly close being in the green, as it holds significance for the overall market outlook. Stay tuned for further developments.
#DYOR
#ETH: UPDATE
Ethereum is currently encountering a crucial price range between $2370 and $2400, with the lower trendline of this range serving as a formidable resistance. Presently, Ethereum is experiencing rejection at this level, indicating a significant challenge for bullish momentum.
For the bulls to gain control and initiate an upward trend, it is essential for Ethereum's price to break through the resistance presented by the $2370 to $2400 range. If successful, this could signal a positive shift in market sentiment.
However, should the prevailing bearish pressure persist, there is a likelihood that Ethereum may face rejection and decline towards the lower support level. Traders and investors are advised to stay informed and monitor the market closely for updates on the evolving situation. I will provide further updates as the scenario unfolds.
PAYTM : When will be best levels to buy ? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: PAYTM
🔍 Description: Stock is falling from 1000 and stock can correct upto 300 levels.
250-300 support would be the best level to buy for paytm
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
(BTC) Alert: Forming Head and Shoulders Pattern!😱Bitcoin (BTC) is currently displaying a head and shoulders pattern on the 2-hour timeframe. Confirmation of this pattern requires a candle to close below the neckline. If this occurs, there is potential for a nearly 13% drop in accordance with the pattern. We are eagerly awaiting the next 43 minutes for the candle to close to assess the situation. Stay tuned for further updates.
Can #Bitcoin Sustain Its Parabolic Momentum?🧐The price of #Bitcoin ( CRYPTOCAP:BTC ) has deviated from our initial projections but has adhered to the weekly forecast, notably breaking through a formidable resistance area and experiencing a significant surge. This upward movement appears to be catalyzed by the imminent news regarding a #BitcoinETF, suggesting a sustained price level until additional information is disclosed. We anticipate a probable retest at around $44,500, representing a healthy correction in the market.
According to the current chart analysis, Bitcoin is exhibiting parabolic growth. The formation of the third base is evident, and we anticipate a touch of the $52,000 level after the breakout of the fourth base.
Stay tuned for further quality updates.
#Crypto
"Battling Resistance: Bitcoin's Weekly Struggle and ETF-Induced
On the weekly timeframe, Bitcoin has been facing significant hurdles in overcoming a well-established resistance area. The ongoing struggle to surpass this key zone, situated around $43,250, is of paramount importance. The impending closure of this timeframe holds critical significance, as it is imperative for Bitcoin to secure a decisive breakthrough above this resistance level. A successful breach could potentially open the doors for an upward trajectory, with the next targets set around the $47,000 to $48,000 range.
Despite the optimistic outlook, caution is advised, considering the possibility of a deceptive market move. This cautious approach is especially prudent given the imminent release of ETF-related news, which has the potential to trigger heightened volatility in the market. Staying vigilant and acknowledging the unpredictable nature of the market is essential in navigating the current landscape.
"Bitcoin's Bullish Momentum: Cloud Surge, Triangle Breakout"Bitcoin (BTC) has recently experienced a significant surge in price, characterized by a notable increase in trading volume, particularly evident in the Ichimoku cloud. This surge coincides with a breakout from a symmetrical triangle pattern, a technical analysis formation often regarded as a precursor to substantial price movements.
The Ichimoku cloud, a popular indicator in technical analysis, is comprised of various components, including the Senkou Span A and Senkou Span B, which form a cloud-like area on the price chart. The fact that BTC's price movement aligns with an expansion in the Ichimoku cloud suggests increased market activity and potential for sustained momentum.
The breakout from the symmetrical triangle pattern adds another layer of significance to this price action. Symmetrical triangles are typically considered consolidation patterns, with a breakout indicating a potential shift in market sentiment. In this case, the breakout is bullish, suggesting a favorable outlook for Bitcoin's price.
Momentum indicators further support the notion of a continued bullish rally. Traders often use indicators like the Moving Average Convergence Divergence (MACD) or the Relative Strength Index (RSI) to gauge the strength of a trend. If these indicators show positive momentum, it reinforces the likelihood of the trend's continuation.
Additionally, the concept of a successful retest of the triangle is crucial in technical analysis. After a breakout, prices often retest the broken level to confirm its newfound support or resistance. A successful retest of the symmetrical triangle in this context could provide traders with additional confidence in the sustainability of the upward trend.
In summary, the combination of a volume-driven pump from the Ichimoku cloud, a breakout from the symmetrical triangle pattern, and positive momentum indicators collectively suggest a bullish outlook for Bitcoin. Traders and investors may closely monitor the market for potential opportunities, especially if a successful retest of the triangle occurs, further solidifying the upward trend.
USDT Dominance Breakdown: 20% Potential DropThe breakdown from the descending triangle pattern is indicative of a potential shift in market dynamics. Currently, the dominance is aligning with the established pattern, suggesting a continuation of this trend.
From a technical standpoint, the observed breakdown implies a possible decrease of approximately 20% from the current position. This projection is based on the historical performance of the descending triangle pattern and the associated technical analysis.
Investors and market participants are advised to stay tuned for further updates as the situation unfolds. Monitoring the ongoing developments in USDT dominance will provide valuable insights into the broader cryptocurrency market trends and potential trading opportunities. It's essential to remain vigilant and adapt strategies accordingly in response to market dynamics.
Stay tuned for further updates; I will continue to provide information as the situation develops.
EURUSD: Bullish consolidation in short term?From a technical point of view, a bullish consolidation on the intraday chart (30') is still possible. That said, the FX:EURUSD pair is triggering a corrective structure within a triangle (corrective Structure), so the bullish breakout should be able to push the price to 1.100 and then 1.1040 area.
Trade with care
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"Bitcoin's Crucial Moment: Symmetrical Triangle & 200MA Dynamics#Bitcoin update
Bitcoin is currently trading within a symmetrical triangle pattern, and a decisive breakout or breakdown is essential to determining the next directional move for Bitcoin.
In this context, the 200-day moving average (200MA) is functioning as a support level.
Stay tuned for further updates; I will continue to provide information as the situation develops.
BTC ETF! What Is Going To Happen In Markets ?In the next 25 days, the approval decision for the #Bitcoin ETF is anticipated. The market reaction to such news is often influenced by three types of news psychology:
> Sell The News: Traders may opt to sell their assets once the news is officially announced.
> Sell Before The News: Some investors may choose to sell their holdings in anticipation of the news, trying to secure profits or avoid potential losses.
> Buy The News: If the news is positive, there might be a surge in buying activity as investors seek to capitalize on the favorable outcome.
With the BTC ETF approval looming just 24 days away, it's crucial to consider these scenarios. The second scenario, "Sell Before The News," suggests that some traders may take a cautious approach by selling off assets ahead of the announcement. Following the news, the third scenario, "Buy The News," could come into play if the outcome is positive. Conversely, in the event of unfavorable news, the first scenario, "Sell The News," may result in a market sell-off.
Investors are advised to make their decisions based on their risk tolerance and market analysis, keeping these news psychology scenarios in mind.
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"Ethereum Price Analysis: Breakout, Daily Trends, and HistoricaIn the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated.
In the daily time frame:
- Ethereum faced rejection at the $2400 level.
- The $1800 to $2000 range is identified as a support level, also representing the 0.382 level of Fibonacci retracement.
- In my opinion, the optimal entry point for Ethereum is within the $1750-$2000 range.
Regarding Ethereum's historical data:
- In the first cycle, after the all-time low (ATL), CRYPTOCAP:ETH took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days.
- This time, it is expected to last between 1071 to 1064 days of a bull market.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
"Heading: Altcoins on Track for $5 Trillion Surge by 2025"Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap
Introduction:
The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent of previous market cycles.
Historical Context:
Examining the historical data reveals intriguing patterns:
After the all-time low (ATL), it took 762 days for the Total Market Cap to surpass its previous all-time high (ATH).
If history repeats itself, a new ATH could be reached approximately 761 days from today, potentially around December 2024.
The last bull run lasted about 1066 days, and the current one is expected to span between 1071 to 1064 days.
Fractal Analysis:
The fractal analysis unveils a compelling narrative:
In 2014–2015, the market experienced 610 days of consolidation.
2016-2017 witnessed a parabolic rise in Altcoin MarketCap, hitting Extension 3.168 at around $400 billion.
2018-2019 saw another 609 days of consolidation before a breakout.
Currently, in 2022-2023, the market has undergone 548 days of consolidation, hinting at an imminent breakout.
Future Projections:
Building upon the historical context and fractal analysis, the projection for 2024-2025 unfolds:
Anticipating that Altcoin MarketCap will experience a surge, reaching Extension 3.168, estimated at $5 trillion.
The expected timeframe for this extraordinary surge is set for the period of September to October 2025.
Conclusion:
Considering the historical patterns, fractal analysis, and projected timelines, the narrative paints a bullish outlook for altcoins in the long term. The predicted Altcoin MarketCap of $5 trillion by 2025 suggests significant potential for growth and underscores the importance of keeping a keen eye on market dynamics in the coming years. As the cryptocurrency landscape evolves, investors may find compelling opportunities in the altcoin space, marking the potential for a substantial shift in market dynamics.