Technical Analysis: GEMINISEA (Weekly Outlook)
Trend: Bullish continuation with strong momentum
Volume: Significantly above average, supporting the breakout
Initial Resistance: Successfully breached at Tk. 140, confirming bullish intent
Key Breakout Level:
• Breakout candle high at Tk. 162.90
• A clean breakout above Tk. 163 on volume confirmation would validate the next leg of the rally
Potential Upside Targets (Based on Price Action & Fibonacci Extensions):
Target 1: Tk. 200
Target 2: Tk. 300
Target 3: Tk. 360 (long-term resistance zone)
Support Levels:
Immediate support: Tk. 140 (previous resistance turned support)
Stronger support zone: Tk. 125–130 (in case of pullback)
Conclusion:
GEMINISEA is showing strong bullish structure with high velocity and volume breakout. A sustained close above Tk. 163 may open up the path toward multi-level upside. Traders should watch for volume confirmation and manage risk accordingly.
Trend: Bullish continuation with strong momentum
Volume: Significantly above average, supporting the breakout
Initial Resistance: Successfully breached at Tk. 140, confirming bullish intent
Key Breakout Level:
• Breakout candle high at Tk. 162.90
• A clean breakout above Tk. 163 on volume confirmation would validate the next leg of the rally
Potential Upside Targets (Based on Price Action & Fibonacci Extensions):
Target 1: Tk. 200
Target 2: Tk. 300
Target 3: Tk. 360 (long-term resistance zone)
Support Levels:
Immediate support: Tk. 140 (previous resistance turned support)
Stronger support zone: Tk. 125–130 (in case of pullback)
Conclusion:
GEMINISEA is showing strong bullish structure with high velocity and volume breakout. A sustained close above Tk. 163 may open up the path toward multi-level upside. Traders should watch for volume confirmation and manage risk accordingly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.