BTCUSDT 1H Chart ReviewHello everyone, I invite you to review the chart of BTC in pair USDT taking into account the time interval of one hour. First, we will use the blue lines to mark the local downtrend channel that btc lagged upwards, and entered the uptrend channel from which the exit was down. What's more, the exit from the first channel was close to the high of the channel, if the exit from the current channel behaves similarly, we can see a correction around $28,000.
Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support zone where the price is currently from $ 29,485 to $ 28,733, but when we fall below this zone, we can see a drop around the previously mentioned place of $ 27,996, and the next support is at $ 26,928.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, the price has to break the resistance at $30,644, then we have a second resistance at $31,487, and then a third very strong resistance at $32,344.
The CHOP index indicates that there is little energy for the next move, the RSI rebounded from the upper edge and there is still room for the price to go lower, but on the STOCH indicator we see that the energy is running out at the moment, which may give a temporary sideways trend.
Trendanalyse
Double Top pattern reversal in TVSMOTORS.TVS MOTORS CO
Key highlights: 💡
✅On 1 Hour Time Frame Stock Showing Reversal of Double Top Pattern.
✅ It can give movement upto the Reversal final target of below 1345-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 1290-.
BTC 4H Review Chart Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in an ascending triangle.
We'll start by presenting the most important supports. The first support is at $28,341, then we have a strong support zone from $27,974 to $27,494, followed by a second support zone from $26,917 to $26,309.
Now let's move on to the resistances and here we first have a small zone from $29724 to $29813, then there is a second strong zone from $30604 to $31162 and then resistance at $31864.
The CHOP index indicates that there is still energy for movement, the RSI has a quick rebound, but we still have not touched the lower limit, the STOCH indicator also indicates a rebound, but the energy is quickly exhausted.
Triangle pattern Reversal in GUJRAT NARMADA Gujarat Narmada Valley Fertilizers & Chemicals Limited
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern.
📊 It can give movement upto the Reversal target of Above 606+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 665+.
📊 Can Go Short in this stock by placing stop loss below 570- or last swing Low.
Double bottom pattern breakout in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4770+.
✅Can Go Long in this stock by placing a stop loss below 4390-.
MATIC/USDT Update 4HInterval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT. First of all, we will use the orange line to mark the downtrend line from which the price went up, while currently we see that the price has fallen below the yellow uptrend line.
Moving on, we can move on to marking support areas when we start a larger correction. And here we will first mark the support zone with the price from $0.69 to $0.65, then we have support at $0.58, and then another strong support at $0.50.
Looking the other way, we see that the price bounces from the beginning of the $0.73 resistance zone to $0.79, only when it breaks above this zone will it go towards the resistance at $0.87 and then towards the strong resistance at $0.97.
Please look at the CHOP index, which indicates that there is still some energy to continue the move, the RSI shows that we are in the process of rebounding and we still haven't touched the lower limit which may give the price a further rebound, while the STOCH indicator also shows that we are in a downtrend .
BNB/USDT 4HInterval Review CHARTHello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top.
When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from $241 to $236 and has now moved above it, however, when the direction of the price changes and the zone is broken, we still have very strong support at $229 and then level of $221.
Looking the other way, we see a third approach to resistance at $245, then we can see a rapid rise to a strong resistance zone from $248 to $251, when it breaks out higher, we have resistance at $255, then at $261 $.
The CHOP index indicates that there is energy to be used, the RSI is moving in the upper part of the range, and what's more, we can see that downward movements on the indicator give a larger correction than upward movements. On the STOCH indicator, we are approaching the upper limit, which may also affect the upcoming price rebound.
BTC Chart Review 4HIntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First of all, we will use the yellow line to mark the uptrend line above which the price stays, while locally we can mark the downtrend channel in which the price stays at the upper edge.
When we turn on EMA Cross 50 and 200, we can see that they indicate a return to the downtrend and it is worth paying attention to whether the situation of a quick break down the longs and a return to the growth zone will not repeat.
Now, in order to determine the support places, we will use the trtend based fib extension tool, thanks to which we will mark the support zone from $ 29,506 to $ 28,765, but if the price goes lower, we have support at $ 28,008, and then strong support at $ 26,952.
Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $30,509 to $31,541, when we manage to break it, we can mark further resistance areas and here we have resistance at $32,367, then at $33,216, and another very strong resistance at $34,419.
Please pay attention to the CHOP index which indicates that there is still enough energy to make a move, the RSI is near the middle of the range, but we still haven't seen the lower limit touched, which may affect the price correction, moreover, we are approaching the upper limit on the STOCH indicator, which also can give you a price adjustment.
Rising wedge pattern breakout in BALKRISINDBALKRISHNA INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2850+.
✅Can Go Long in this stock by placing a stop loss below 2420 -.
Downtrend Channel Pattern Breakout in oracle fin servORACLE FIN SERVICES
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Downtrend channel Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3960+.
✅Can Go Long in this stock by placing a stop loss below 3820-.
Ascending Triangle pattern breakout in CUMMINSINDCUMMINS INDIA LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2050+.
✅Can Go short in this stock by placing a stop loss below 1920-.
#NIFTY Intraday Support and Resistance Levels - 28/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19710 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19690 level then the downside target can go up to the 19580 level.
LTC/USDT 1D ReviewHello everyone, I invite you to review the LTC chart in pair to USDT on a one-day timeframe. We will start by marking with the blue lines the uptrend channel in which the price is moving, and locally we can mark the yellow downtrend line.
Using the Fib Retracement tool, we can check where the price should have support. And here we can see that the price is in front of the support at $86.63, then we have a second support at $77.80 and then a third very strong support at $68.97.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently facing strong resistance at $98.41 equal to 0.618 Fib, the so-called fibon gold point. We continue to have strong resistance at $114.13, once the price breaks it, it will move towards resistance at $134.29.
The CHOP index indicates that there is still energy to continue the movement. On the RSI we have a visible rebound, we can see that there is room for the price to go lower, however, taking into account the STOCH indicator, which indicates that the energy is exhausted, we can see an attempt to increase the price.
ETH/USDT 1H Interval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, we see that the first support is at $1853, the second at $1848, the third at $1844 and the fourth at $1837.
Now let's move on to the resistances, first there is the resistance zone where the price is from $1855 to $1857, then resistance at $1860, third resistance at $1863, then fourth resistance at $1868.
The CHOp index indicates that there is still energy to move, the RSI moves around the middle of the range, while the STOCH index indicates that there is room for the price to go a little higher.
Head and shoulder pattern breakout in SIEMENSSIEMENS INDIA LTD
Key highlights: 💡⚡️
✅On 1Hour Time Frame Stock Showing Breakout of head and shoulder pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3858+.
✅Can Go short in this stock by placing a stop loss above 3695-
Double Bottom Reversal in CHOLAFINCHOLAMANDLAM INV
Key highlights: 💡⚡
📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern .
📊 It can give movement upto the Reversal target of Above 1177+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 1235+.
📊 Can Go Short in this stock by placing stop loss below 1095- or last swing Low.
#NIFTY Intraday Support and Resistance Levels - 26/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19700 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19650 level then the downside target can go up to the 19530 level.
NZDCHF
If price move to 0.54500 and break the upward trend line then we can expect a bullrun in the market along with sharp move and 1st resistance will be 0.55000 and second resistance will be most probably 0.55750 and 3rd resistance will be 0.56500
If price move to 0.54500 resistance at 0.54500 and trend line rejects the price then we can expect that market will move along with trendline or follow the trendline and price will move in downward direction.
wedge pattern reversal in MGLMAHANAGAR GAS LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 1130+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1270+.
📈 Can Go short in this stock by placing a stop loss below 1044-.
Double bottom pattern breakout in DEEPAKNTRDEEPAK NITRITE
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2040+.
✅Can Go Long in this stock by placing a stop loss below 1985-.
Triangle pattern Reversal in SIEMENSSIEMENS LTD
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern .
📊 It can give movement upto the Reversal target of Above 3810+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 4400+.
📊 Can Go Short in this stock by placing stop loss below 3530- or last swing Low.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/07/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. Any Major upside only expected in case banknifty starts trading Above 46050 level.