Monthly Chart Breakout - Positional Trade - VEDL📊 Script: VEDL
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is giving Breakout of double bottom neckline on Monthly chart, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 414
🟢 Target 🎯🏆 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Breakout!
BTCUSD important levelHey Family, BTCUSD make or break level in range (60,100 - 61,500), BTCUSD is at important level Forming a Descending triangle Pattern Let's see this breakout sustain or not.
what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Bitcoin Urgent Chart UpdateCRYPTOCAP:BTC Urgent Chart Update
- #Bitcoin Rejected from HH/TL.
- We Already Profit in BTC/USDT Short Positions
- $57000 Possible Scenario
Key Levels to Watch:
$64,000: Critical! Above this, a path to $100k opens.
$65,540: Ideal stop loss for short positions.
$57,000: Breaking $57k Mean #BTC could drop to $50k
Stay alert and manage your positions carefully!
GodrejAgro Breakout 🚀Hey Family, there is a one more stock Which is showing a great opportunity and forming Channel Pattern in weekly TF it's trying to breakout trendline, If Stock break's resistance trendline then we can see a good move, let's see breakout sustain or not.
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Dabur Trendline Breakout TryingHey Family, there is a one more stock Which is showing a great opportunity and forming Descending Triangle Pattern in weekly TF and in daily TF it's trying to breakout trendline, If Stock break's resistance trendline then we can see a good move, let's see breakout sustain or not.
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
SUI/USDT Breakout AlertSUI/USDT Breakout Alert
Current Price: $1.10
Breakout Point: $1.15
If SUI/USDT successfully breaks the $1.15 resistance level, we anticipate a significant upward rally.
Buy Zone: $1.10 - $1.15 (Only after a confirmed breakout)
Expected Rally: Potential 100% - 150% increase after a breakout.
Long-Term Targets: $3 / $5 / $10
Analysis: SUI Network stands out as a strong project for the long term. Keep an eye on the charts and get ready for the breakout!
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Bitcoin Urgent market Update about RejectionBTC/USDT Urgent Analysis
➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).
➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.
➡️ Key Levels to Watch:
- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss here if you have open short positions (avoid high leverage).
- $67,300: The last HH level. If BTC breaks this, the HH/HL pattern is invalidated, signaling a bullish rally towards $100K.
Stay alert and manage your positions carefully!
NIFTY50 Ready to Big Dump toward 20250 Levels ?NIFTY50 Technical Chart Analysis
NIFTY50 is currently in a high greed zone, attracting investors eager to join the bull rally. Let’s examine the key scenarios expected to play out over the next few days:
Chart Analysis:
NIFTY50 is forming a bull flag within a rising channel. Historically, this pattern tends to lead to a downside breakout, which makes any upside breakout highly risky.
My outlook is bearish. The last breakout resulted in a 22% gain, but if NIFTY50 breaks down below 22,110, we could see a significant fall. Breaking this level may result in a freefall to 21,000.
Support Levels:
Strong Support: The $21,000 level is critical. However, in the case of any negative news globally or in the Indian market, prices could potentially reach 20,700 and even 20,200.
Fib Retracement Supports:
0.5 Fib Support: 20,717
0.618 Support: 20,252
Keep an eye on these Fib support levels. If the market reaches them, we may witness a strong bounce, which would provide good entry opportunities.
Resistance:
Watch the rising wedge channel resistance and support closely, as they are crucial indicators.
Why "V" Shape Happened Last week in #Bitcoin ?Why "V" Shape Happened Last week in #Bitcoin ?
High Risk-to-Reward Reversal Trades
- Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards.
- Liquidation Levels: Massive pressure on one side of the order book can lead to price reversals after liquidation levels are hit.
- All Liquidation Levels Hit: If all liquidation levels in one direction are exhausted, there's minimal liquidity left, causing a natural price reversal.
Opportunities for Traders:
1⃣ These reversals can mark local tops/bottoms, offering high risk-to-reward trades.
2⃣ Use tight stop losses and further take profits for maximum reward.
3⃣ Increase your chances by finding confluence with other indicators or support/resistance levels.
CRYPTOCAP:BTC #BitcoinETF