BTC Breaks Free from Downtrend: Next Stop $72KBitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K
Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum.
To sustain this upward trend, Bitcoin now needs to surpass key resistance levels at $64,500 and $72,000. If these levels are breached, new targets of $85,000 and $90,000 come into focus, potentially marking significant milestones for BTC's price trajectory.
This combination of technical indicators suggests a bullish outlook for Bitcoin in the near term.
Bullishsharkpattern
LINK's Bullish Shark Pattern: Retest Bounce Targets $23 with 100#Chainlink ( BIST:LINK ) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity.
In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal.
If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.
NEAR/USDT: Bullish Shark Pattern Signals a Potential 60% Upside#NEAR/USDT has formed a bullish shark pattern & the RSI (Relative Strength Index) is currently in the oversold area, suggesting that for a rebound.
Currently, NEAR is standing at a bullish support trend line, which further reinforces the potential for an upward move. Given these strong technical signals to deliver a 60% profit.
INDUS TOWERS - 100% RETURNS!!!BUY - INDUS TOWERS LTD
CMP - Rs. 142
Target - 1: Rs. 211
Target - 2: Rs. 254
Target - 3: Rs. 285
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Technicals - 1) Bullish Shark Harmonic Pattern indicating upward momentum.
2) Potential targets or take profit points have been highlighted using Fibonacci Retracement.
3) The stock is at support.
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