Trend
#NIFTY Intraday Support and Resistance Levels -04/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22460 level and then possible upside rally up to 22580 level in today's session. in case nifty trades below 22420 level then the downside target can go up to the 22300 level.
BTC enters the parabolic stage of the bullmarketPredicting the tops and bottoms of Bitcoin - in a macro sense - is not that easy. But some indicators can give us a clue or kind of sense of caution warning when to exit or enter the market.
One of them is the "MVRV Z" indicator. It is a chart indicator that uses blockchain analysis to identify periods where BTC is extremely over or undervalued relative to its "fair value".
Historically it has been very effective in identifying periods where market value is moving unusually high above realised value. It also shows when market value is far below realised value, highlighted by the green lines. Buying Bitcoin during these periods has historically produced outsized returns.
This chart indicator is generally useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where price may need to pull back when the score enters the upper red hot periods and also when price may rally after spending time in the lower green band.
Historically it has picked major Bitcoin price highs to within 2 weeks.
So far BTC has done a great job holding in the middle value band. It's in the stage of taking the next leap breaking out of it to the upside completing the bullmarket, also referring to past historical breakouts which happenend in similar fashion after a long lasting bearmarket.
Gold is moving above $2,200...in this case (read-caption)Gold is moving above $2,200...in this case, it will head towards $2,300
Gold prices did not witness noticeable movements during these moments of trading today, Thursday, after they ended yesterday’s trading at record levels, with investors looking forward to more US economic data to obtain evidence of the course of monetary policy.
Ilya Spivak, head of global macro at Tastylive, said: “The Fed has signaled it wants to lower interest rates, and there are geopolitical risk concerns that remain in the markets around the wars going on right now, whether in Ukraine or in the Middle East, which is... Supports gold.
Spivak added: “Gold prices are range-bound most of the time this month, and a break above the current resistance level at $2,225 per ounce could send prices heading towards the $2,300 level.”
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PENDLE BREAK TO UP $5 HIGH POSSIBLITYPENDLE showing on cycle trend important data for the high possibility to increase to up $5 in the coming time frames.
we will follow this to see if it can get confirmed.
The last data of this coin shows a high interest in the break trend.
Next time frames could be very important for the trend.
CEL ON BREAK POINT TO HIGH LEVELCEL seems to have made an important change in the trend that will be able to break with more than 30% in uptrend.
The volume of CEL looks interesting for the next break.
Exxon Mobil Exxon Mobil is going up strong to the all time high,
Expecting strong reaction from that area,
Volume is going down in the last 2 3 weeks witch means bulls are getting weaker,
If we look into the valuation ratios , the company is getting overvalued,
If we look at the 10 Ma on weekly we can see that price is getting away from MA fast witch indicates that the company is getting overvalued quickly,
It will be interesting to see how price will react from that area when it goes up, But overall trend is bullish,
Boeing The company is on massive area of support, but technically the trend is still down and strong , momentum is down and strong too, next quarterly result will be crucial , if price breaks down it will go even further down , The company is not undervalued , but is getting there if you look closely into the valuation ratios. Volume is going down witch indicates that downtrend is losing power. Important weeks ahead for Boeing.
GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens,GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent
The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP pair.
Moreover, recent data indicates a pronounced strengthening of the dollar against various currencies, including the British pound. This strengthening has intensified the bearish sentiment surrounding the GBP/USD pair.
In light of these developments, market sentiment suggests that the GBP/USD pair is now poised for a retest of the demand zone, situated around the level of 1.25030. This zone represents a critical area of support where buying interest could potentially resurface, leading to a temporary halt or reversal of the downward movement.
Traders and investors are closely monitoring the price action around the demand zone for potential signs of bullish reversal or further downside continuation. Factors such as economic data releases, central bank statements, and geopolitical developments will likely play a crucial role in shaping the near-term trajectory of the GBP/USD pair.
Overall, the breach of the support channel coupled with the prevailing strength of the US dollar indicates a bearish outlook for the GBP/USD pair, with attention now turned towards the retest of the demand zone for potential trading opportunities.
HelenP. I Bitcoin can bounce down from resistance zone to $68500Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago, the price made the impulse down, thereby breaking the 70700 resistance level, but later it tried to back, after which the price continued to fall. In a short time, BTC declined to the 64000 support level, which coincided with the support zone, and even broke this level, after which it declined to the trend line. Then BTC turned around and started to trades inside the triangle, where it soon broke the support level and rose to the resistance line of this pattern, after which turned around and started to fall. Price fell to the trend line again, after which it at once rebounded and made strong impulse up to resistance level, which coincided with resistance zone, thereby exiting from the triangle. As well, BTC some time traded in the resistance zone, but a not long time ago price turned around and declined below, breaking the resistance level one more time. So, now I expect that Bitcoin will rise to the resistance zone again, after which turn around and continue to decline, therefore I set my target at the 68500 level. If you like my analytics you may support me with your like/comment ❤️
CENNZ NEW INCREASE VOLUMECentrality (CENNZ) shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is at basic choice on daily trends.
This coin can have stable volume in the start
#NIFTY Intraday Support and Resistance Levels -27/03/2024Nifty will be gap down opening in today's session. After opening nifty start trading below 22000 level and then possible downside rally up to 21880 in today's session. in case nifty trades above 22060 level then the upside target can go up to the 22180 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/03/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
TRXUSDT: Fast Trend Holding On and Targeting 17 CentsTRX recently Bearishly reversed after testing the upper bound of a Bearish Butterfly, now TRX has pulled back to the faster trend line. If the Faster Trend on TRX Continues to hold out, as it has several times already, I think Tron could attempt to make a higher high which could lead to it reaching the ultimate 3.618 Fibonacci Target off the back of Hidden Bullish Divergence.
TRUE BREAK THE IMPORTANT TREND LEVEL --> UP $0,30 POSSIBILITYThanks for reading this update.
True coin did break an important level, Our data shows that there is high interest for TRUE, which could break in the next time frames up $0,30, this based on the extra study we did on this coin.
We will follow the true trend to see if it's able to break.
Further study shows that this is a building coin.
This is not trading advice and will stay our view and expecting for the coming time.