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Beyond Technical Analysis

RPOWER - VCP & Flag & Pole breakout. Buy above 46.77RPOWER had earlier formed VCP Pattern, followed by Flag and pole breakout. Rpower had its share of up's and down !! on one side it cleared almost all of its debt and on other hand it got banned by SECI. Thankfully the co. is out of Ban and they won their biggest order "RELIANCE POWER SUBSIDIARY, RELIANCE NU SUNTECH WINS 930MW SOLAR ENERGY & BATTERY ENERGY STORAGE SYSTEM OF 1860 MWH PROJECT OF SECI THIS IS THE SINGLE LARGEST PROJECT OF SOLAR AND BATTERY STORAGE SYSTEM IN INDIA" One can enter above 46.77 for targets of 54/74/100. SL - 41.85 Disclaimer : This is Educational post. Please do your own research.
NSE:RPOWERLong
by jain_geetesh
XRP, pioneer of the first crypto wave. How's now?XRP, along with BTC and ETH, was one of the first assets I started to know the crypto market. With his historical path, the foundation for the crypto development in the past 10 years, and pioneer in the fight with the SEC and Central institution. Ripple was born in 2012, followed by XRP Ledger, and it was the first decentralized blockchain to offer solutions and tools to developers. XRP works with several languages such as Java and Phyton. If every crypto, to survive, must have a utilization purpose, Ripple’s one is to be the blockchain for business. The ledger technology and the federal consensus mechanism, put ripple on the podium for the historic importance. It was the first crypto to propose a technology to integrate the fiat with the crypto, the CBDC. But, why is Ripple still struggling to find a solid growth trend? The 2021 spike coincides with the altcoin seasons, and for now, seems that Ripple will join the party even this time. With an increase of over 300%, ripple has come back into the altcoin landscape. But we have already seen that it grows as fast as it will drop. My thoughts are that XRP is meant to be a translator between crypto and fiat, between decentralized and central banks. Its normal price channel is around 1$, which would make perfect sense, if it would not have one of the highest volatility, kept above 100%, nonetheless, its funding was more than ten years ago. Is it a worthy investment? For its uniqueness and historic path, ripple is in my portfolio. So far yes. It has respected the strategy and the last day's drop, did not turn the bullish curve. Perfect reaction to the trendline and it coincides with 0.382 in fibo weelky. Patternwise we are creating a M-shape, even if the general opinion is more oriented to a pennant shape. Anyways, it’s a bullish market for Ripple. My TPs are $3.3550, $4.000, and $4,400 in this next alt season. But, what’s concerning me is that awful cup pattern forming in the past week. What does it mean? I don't know but, as long as its trend is respected, I am still bull on this asset. We wait for the reaction at the 618, @1.90. Just the historic higher high in the context.
Long
by itsmcasalinii
when technology overpass the monetary purpose It’s the time of TON, the ultimate favorite crypto, The Open Network. I am very enthusiastic about this crypto due to its revolutionary aspect and underlying technology. The 2-blockchain system can resolve a few gaps left behind by past projects. Insure safety and scalability, without sacrificing speedy or increasing transaction costs. I am a newbie on this network and we have just learned that it recovers all inefficiency left behind without space for a gap or liquidity void. Ergo, every time we see TON increase, stop the price on the spike, cause if it drops, it’s not going to stop at 61%. If LUNC created a cup shape, and the ripple has retraced at 618, TON just drops or hikes. But we must understand why it dropped… even if there is no sense, apparently. So, despite all the other coins, TON November was ranging, from 9th till 23rd. On Nov 20th it started its bullish phase. Gaining almost 40% in 14 days. But still, why this drop? In my opinion two reasons behind this. First is liquidation at 7$, Second, escaping from the trap. In a period when everyone is collecting their ATH (all-time high) Ton failed, and did not reach its last higher high at 7.26$. Due to this reason, tons of TON were liquidated at the psychological level of 7$. Both take profit set there and stop loss set below the last higher high. I like ton technology, but its circulating supply is just half of the total available, which means that a whale probably owns it, and they can potentially abuse it and manipulate the market. So, is TON a good investment? In my opinion, yes. It is. Once we have a technology innovation, we just have to be patient enough to wait for the revolution to come itself. The predictions are good, following a positive instinct regarding the expansion of dApps. But I am still working on its levels.
by itsmcasalinii
the survival: LUNCStarting from the fact that I am very disappointed in myself. I was blind by the FOMO. This stupid shit. And I did something we MUST NOT DO: do not buy on hype. Buy on reversal. Sell on hype. BUY ON REVERSAL. SELL ON HYPE. BUY ON REVERSAL. SELL ON HYPE. This is the fucking rule with cryptos, especially with meme coins. So, now that we are aware and more conscious, what’s going on here and what’s luna? why did I choose this asset? Luna is the ex Terra Luna. Remember it? The one collapsed in May 2022 due to a technical problem on the blockchain that did not peg anymore their stable coin namely, USTC with the US dollar. Once the pegged 1:1 with the dollar was lost, the whole ecosystem dropped. But TERRA has also a few points that make it outstanding from other cryptos. First, is the community approach. The TERRA blockchain is very community, kind of the opposite of XRP which is a federal consensus. They community leading the Terra Labs worked for two years to restore and solve the issue behind the first collapse, and they created LUNC, namely, Luna Classic. Technically is just a fork of the previous blockchain. Practically they have assessed the speedy and safety of the transaction, keeping a community consensus. Luna is the first crypto trying to keep their volatility and price controls by themselves. As we said, the coin that lost the bet was USTC, the stablecoin to whom LUNA’s value was anchored. Now the LUNC price can support transactions in USTC and LUNC. The ecosystem is development-driven, I do belive we have entered a new phase of the cryptocurrencies market. If the cycle 2020-2024 was titled by meme coin, NFT, lots of hype, and newbies, now the market is different: first, we have institutional and governance interests, tons of whale and ETFs willing to purchase as many cryptos as possible and, cryptos are not longer founded on easier payment or the cheapest prices. These latter aims have been quite addressed in the previous cycle. Now the word is utilisation. As with everything in the world, things grow cause people need it. To be alive, you need a purpose to live. The money can’t be a purpose but just a means. Lunc is a low-priced coin, with less than 1B total market cap and all the supply available. Traded on 32 different exchanges, with a volume/market cap ratio of around 7%, which is higher than BTC by the way. So, low price and high supply, low diluted liquidity volume, and high trading ratio. Honestly, except for the fact I am curious to see the development of this coin, I want to keep something that has a full supply already available and has already survived two bubbles and one collapse. On the price action side, this pump was surfing on the first Altcoin bullish round. The spike, followed by a correction at 0.618, was predictable,. The fomo spoke for us. As a target, the last LUNC higher high in binance would set a final target of a +300% surge. On the total portfolio, is worthy keeping it for a while, counted in the meme coin section.
Long
by itsmcasalinii
NIFTY Pattern (POLE and Flag Pattern) 24900/243501. If Nifty successfully crosses the 24680/690 level then the coming targets will be 24855 and 24980 as per Pole and Flag pattern 2. But if it fails (POLE and Flag pattern Failed) and the Nifty breaks below 24590/570, then the coming targets will be 24370 and 24280. Advice: 1. If you are doing future then take the option as hedge. 2. If you are doing Option selling, take option buying as hedge. 3. Naked option buyers please take both CALL and PUT for safer side.(So, your total will be more then buying price) Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary. Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses
NSE:NIFTYLong
by NaveenTTR
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