Longed some Small size of $PeiPei here. Market cap looks relatively small and the chart looks it could pump higher. After all, Do not fade on Meme coins. #PeiPei
NIFTY / Weekly : The index is approaching a trend line on the weekly chart and i expect the market to bounce from the trendline support. When it comes to indices, there is no strong support than trendlines. A good buy strategy is DCAing at 3 zones around the trendline support.
#APE / D1 : Price currently sitting at daily support zone. Longed a small size here. Invalidation at break of support. Nice R:R Here.
XAU (Gold) had a wild 3 months and now I think it is time for it to come down. We already broke below the red trendline and we are just pulling back forming a possible triple top. Invalidation at break above the Alltime high
Luna made a pump and is currently testing the weekly demand area. Also, the coin is consolidating inside a bullish wedge so I am expecting the breakout soon... Also, Its been a while since the Luna family coins pumped so not a bad idea if I buy a small size here...
Paypal is trading inside a broadening wedge and i expect a new bullish price action once the wedge is broken upwards. waiting for confirmations..
BTC / Weekly and daily : BTC is breaking out of the falling wedge in the weekly timeframe and has already closed 3 Daily candles above resistance in the daily chart. Being a bullish pattern, The first target of the breakout is the 30k resistance zone.
The following are the Reasons why i am bullish on bitcoin. 1- Weekly RSI Breakout 2- Weekly bullish divergence 3- Longest bear market ever 4- Weekly buy signal in supertrend 5- Price above bullmarket support band 6- Breakout above key resistance zone 7- Bearish retail sentiment 8- RSI Trend breakout Lets see how the market rewards us for the upcoming few months...
ETH is trading below a resistance zone and just like the last 2 times, I expect a pump now if we flip the resistance into support. The bullish momentum looks good and this gives more confidence to my plan...
Solana has been trading at its support zone in the daily and weekly timeframe and is also following the ETH 2018 Fractal. Currently expecting a bounce from here to the next macro resistance zone.
UNFI broke below a key support area and is currently under bearish correction. A break below the red trendline will trigger further selloff and that will be a good shorting opportunity for UNFI
The BTC price broke down below the swing low supported by the FTX fud Bullish bias were changed into bearish with a lot of short position opened at breakdown. Also we saw a volume capitulation and funding rate capitulation for first time in this bear market. Reclaim of lost support would lead to an aggressive expansion.
Apple is Testing the weekly and daily trendline once again. We also have a couple of bearish divergences and the breakdown will take SPX500 and Apple down to the long term trendline.
#GMT / D1 : Break below the support will give these bearish targets. not shorting at support but waiting for a proper breakdown and a good R:R Ratio.
BTC is consolidating inside a falling wedge on the daily chart and everyone are bearish here. Also, Miners are suffering from breakeven or loss and i expect the bitcoin price to break to the upside. The weekly RSI is also oversold and a long at breakout will be a good decision. Take profit zones are marked in the charts as Red resistance boxes. I expect the...
Link is trading inside a bearish pennant like pattern and if price breaks below the trendline, Expecting more downside for Chainlink. Traders can keep manual stoploss of hold above 7.2
QNT Seems to be trading inside a huge rising wedge and we will be touching the resistance soon... Just trading the charts and keeping emotions out here...
The team has been confirmed Fraudulent during an investigation and HNT Trading pairs were already delisted in binance. Also, The D1 and H4 charts shows a bearish triangle pattern so opened a short on this and will build positions gradually. Invalidation with hold above 6.2