Breakout
#Ethereum Breakout: Will ETH ETF Decision Propel Prices to $6000#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000?
CRYPTOCAP:ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support.
ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd.
Potential Targets:
- Approval: #ETH could soar to $5000-$6000.
- Rejection: ETHUSDT might drop to $2500-$2000.
Conversely, a rejection, especially if based on the classification of tokens as securities, could lead to a downturn in ETH and #DeFi assets.
Strategy: Consider a spot long position, but avoid excessive leverage due to potential volatility.
Stay informed and trade smart.
#Bitcoin LTF Chart Analysis#Bitcoin LTF Chart Analysis
BTC is currently trading at a crucial support level.
Here's what to watch:
Support Level: $66,500
Scenario 1: If support holds, it's a positive sign for the bulls.
Scenario 2: If support breaks down, BTC could drop below $65,000.
Trading Tip: Always wait for confirmation before entering a trade.
Stay alert and trade wisely.
$NEAR Ready for a Potential $49 Target According to Elliott WaveAMEX:NEAR Ready for a Potential $49 Target According to Elliott Wave Analysis
- Potential Entry Zone: $6.5 - $7
- Bullish Long-Term Outlook
- Dip = Prime Accumulation Opportunity for Huge Profits
#Crypto #NEAR #TechnicalAnalysis #ElliottWave #CryptoTrading #Altcoins
Sterling & Wilson Renewable Energy - Breakout Setup, Move is ON.#SWSOLAR trading above Resistance of 753
Next Resistance is at 1176
Support is at 492
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
🚀 IRB Breakout Alert: Ready to Surge Above INR 72!Hello TradingView Community,
Get ready for an exciting breakout opportunity in IRB Infrastructure Developers Ltd! With the current stock price at INR 68, IRB is on the brink of a significant breakout above INR 72. Here’s why you should keep this stock on your radar:
🔍 Technical Analysis:
Current Price: INR 68
Breakout Level: INR 72
Volume: Increasing steadily, indicating growing interest and accumulation.
Key Indicators:
RSI (Relative Strength Index): Approaching bullish territory, suggesting momentum buildup.
MACD (Moving Average Convergence Divergence): Positive crossover, signaling potential for upward movement.
Support Levels: Strong support around INR 65, providing a safety net for the current price action.
IRB Breakout Chart
📈 Fundamental Analysis:
IRB Infrastructure Developers Ltd, a key player in the infrastructure sector, shows promising growth indicators:
Revenue Growth: Consistent quarterly revenue growth, driven by robust project execution and new order wins.
Profit Margins: Improved operational efficiency resulting in better profit margins.
Sector Outlook: The infrastructure sector is poised for growth with increased government spending on road and highway projects.
💡 Why This Matters:
Breakout Potential: A breakout above INR 72 could trigger a strong rally, providing lucrative opportunities for traders and investors.
Bullish Sentiment: Technical indicators and increasing volume suggest strong bullish sentiment and potential for substantial gains.
🚀 Conclusion:
IRB is on the verge of a major breakout. With the current price at INR 68 and a breakout level at INR 72, this stock offers a compelling opportunity. Keep an eye on this one!
📢 Call to Action:
Watchlist: Add IRB to your watchlist to catch the breakout.
Discussion: Share your thoughts and analysis in the comments below. Let’s explore this opportunity together!
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading stocks involves risks, and you should conduct your own research before making any investment decisions.
Pricol Ltd - Breakout Setup, Move is ON...#PRICOLLTD trading above Resistance of 454
Next Resistance is at 545
Support is at 391
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kirloskar Electric Company Ltd - Breakout Setup, Move is ON...#KECL trading above Resistance of 182
Next Resistance is at 249
Support is at 115
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kirloskar Oil Engines Limited - Breakout Setup, Move is ON...#KIRLOSENG trading above Resistance of 1066
Next Resistance is at 1444
Support is at 688
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Vardhman Special Steels Ltd - Breakout Setup, Move is ON...#VSSL trading above Resistance of 305
Next Resistance is at 355
Support is at 226.50
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Crompton Become Rocket🚀Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Range Bound Pattern in daily and Week TF.
* From Jan 2023 to May 2024 Moving in 70 points Range.
* It's already break resistance one and trying to breakout second resistance zone.
* If Stock break's second resistance zone then we can see a good move, let's see breakout sustain or not.
* Volume Accumulation (Volume is rising).
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. Don't know how we miss this amazing stock and forget to share this with you all family.
BTCUSD Important levelHey Family, BTCUSD make or break level, BTCUSD is at important level and Forming a ascending triangle Pattern Let's see this breakout sustain or not.
Trying To Break Support Trendline, If There is a reversal From The Support Trendline. Then We can see good Upside move possible only after breakout of resistance zone.
what is your view please comment it down and also boost the idea this help to motivate us for sharing more idea. 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.
Polycab India - Long Setup, Move is ON...#POLYCAB trading above Resistance of 6460
Next Resistance is at 8710
Support is at 4210
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tejas Networks - Breakout Setup, Move is ON...#TEJASNET trading above Resistance of 1188
Next Resistance is at 1632
Support is at 745
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Is BALAMINES Ready for weekly trendline Breakout?Hey Family, there is a one more stock Which is showing a great opportunity and forming Descending Triangle Pattern in daily TF it's trying to breakout resistance Trendline, If Stock break's resistance Trendline then we can see a good move, let's see breakout sustain or not.
Key Points
* It has posted good quarterly results.
* The stock has been consolidating for over a year.
* It is coming up to test it's weekly trendline. One can buy this on day close above 2435.
* Possible positional targets are 2400, 2700,3000 and trail.
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.
ISMT Ltd - Breakout Setup, Move is ON...#ISMTLTD trading above Resistance of 119
Next Resistance is at 192
Support is at 74
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Abb India - Breakout Setup, Move is ON...#ABB trading above Resistance of 7309
Next Resistance is at 9169
Support is at 5888
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
VBL Varun Beverages Expecting 30-40% by End of this Year.Varun Beverages Limited is an Indian multinational company that manufactures, bottles and distributes beverages. It is the largest bottling company of PepsiCo's beverages in the world outside the United States and the largest in the AMESA sector.
Promotors Have 62.9%
March 2024 Net Profit: 548 cr
Technical side: Darvas Box Theory
Targets: 1844/2037/ 2206
Duration: 6-8 Months
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.