$XRP is showing signs of preparing for a breakout.Ripple isn't just targeting $2.0; it's also setting its sights on a new all-time high in this bullish market.
• 2 years of accumulation
• Utilized by major financial institutions
• Rapid & cost-effective
It's high time for CRYPTOCAP:XRP to awaken and ascend to new heights!
Bullmarkets
$BTC Daily Chart:
Time to take a break for the bulls. Bitcoin has surged by 40% without any significant pullback.
It seems likely that it will retrace to fill the daily FVG, with strong demand anticipated below 45k and the 0.618 fib level before potentially reaching 60k.
Be ready to take advantage of any market dips, as this plan may take a few months to play out. Have a great weekend! BINANCE:BTCUSDT
MCX for 1700 LONG!Attached: MCX Daily Chart as of 21st June 2023
Price has a Pending Upside Target of 1700 as per the Inverted Head & Shoulder Breakout
So far the Price has been rallying in a Channelized manner and respecting the Moving Averages
Today Price resumed its Up Move breaking out for 3-4 day consolidation
And so the Journey up to 1700 shall resume from here
Holding 1560 as Stop Loss
Upside Target = 1700
LGBBROSLTD headed for 4 digits +Attached: LGBBROSLTD Daily Chart as of 20th June 2023
Today Price gave a Clean Strong Volume Breakout making New ATH and signaling that the Blue Sky is now Open for Price to precisely breach past the 4 digit aka 1000 level mark !
- Past few candles have strong Volume buying and the Base from the Price has taken off is also well within what you may call Accumulation based on the Volume patterns
- Ichimoku System also gave a Super Bullish Buy Signal today
- Price is Trending up within a Channel which is visible when you Zoom out on the Weekly TF and so it is a clear case of Higher Highs and Higher Lows as per Dow Theory Up Trend
BANKBARODA Long SetupAttached: Daily Chart as of 16th June 2023
Holding above 182, a Target of ~ 200 is pending🎯📈
Rationale behind this Setup:
- Observe Multiple Volatility Contractions as Price is forming a VCP
- Strength on any Dip as it gets bought
- Higher Highs and Higher Lows are intact
- Price trading near 52 week high zone
- PSU Banks are doing better than Private Banks so the money flow is shifting
5 Things to remember about bull marketsHey everyone! 👋
Bull markets are a time of optimism and growth, and they can be a great opportunity for making substantial gains. However, it's important to remember that bull markets don't last forever, and it's crucial to approach them with a healthy dose of caution while keeping your eye on your long-term goals. 🙂
Here are a few things to keep in mind when dealing with bull markets:
🚨 Don't get caught up in the speculative frenzy
It's important to remain level-headed and avoid making impulsive decisions based on short-term gains. Take time to thoroughly research any trades you're considering. It’s always good to focus on ideas with strong fundamentals as well as technicals.
📚 Keep an eye on valuations
In a bull market, it's common for stock prices to rise, sometimes to levels that may not be justified by a company's fundamentals. For investors, it can be important to keep an eye on valuations and make sure the stocks you're investing in are reasonably priced.
🔔 Be prepared for reversals
Like all good things, the Bull markets too eventually come to an end. Hence, it's essential to be prepared for a downturn. It’s always good to manage risk exposure by employing techniques such as diversification and hedging.
💸 Control your risk
It's natural to want to hold on to the positions that are performing well, but it's important to remember that bull markets eventually come to an end.
If you've made substantial gains, trailing may be a good option to lock in profits should things change quickly. Letting the winners ride by continually trailing your positions is one good strategy for improving a trade’s Risk-Reward ratio.
📈 Keep a long-term perspective
Trading is a marathon, not a sprint. Bull markets can be a great opportunity for gains, but it's important to keep a long-term perspective about your goals. Did you miss the big moves? Don’t get angry and make bad decisions. There will be more opportunities down the road to apply what you’ve learned.
Bull markets can provide excellent opportunities, however, they must be approached with caution and with defined personal goals. Consider the risks and rewards of each investment, keep an eye on valuations, and always be prepared for a downturn.
We hope you enjoyed this post! Please feel free to write any additional tips or pieces of advice in the comments section below.
See you all next week. 🙂
– Team TradingView
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BNB in great opportunity Hello its J again
After a long time and a boring bear market I can feel , see and imagine great buying opportunity for BNB at the dip price from 255 to 270 and the possibility to increase up to 650 or even for a new ATH in the upcoming weeks.
Actually I believe the price is in a triangle pattern and it shows that it has some potential to be in an up trend for several weeks .
thank for comment , like and sharing my idea
best regards J
NIFTY50 INDEX ANALYSIS FOR 04 JAN 22Hi everyone, Nifty50 index analysis & view for tommrow and this week, recently nifty50 index has given correction of 2,200 points+ and now it is testing it`s major resistance level 17,650 price may correct from here, but if sustains above 17,650 then index can go upto it`s all time high 18,600 (level identified from harmonic xabcd pattern). looks like trend is going to change if sustains above 17,650 downtrend will be invalid & new uptrend will start. NSE:NIFTY
BANKNIFTY ANALYSIS 18/2/2021Last week in the market, we were looking a possible breakout or breakdown situation on both Nifty and Bank Nifty. It turns out, it was a breakout towards 15,400 and 37,700.
Now it looks there is a possibility of a false breakout as well. If the market fails at one at one end of the range, it generally tests the other extreme side.
Here, we also have a head and shoulders pattern. The call writing in today's expiry for BNF 37,000CE was 106K. DIIs have also been net sellers for a while now.
For the coming week, it will be interesting to see how the market reacts at this level. If the breakdown occurs below 36,400, there could be some selling pressure to re-test 36,000.
If the market does move higher again, there is strong resistance at 37,000.
I do not have a bias on the possibilities, because the market is too overstretched with heavy liquidity.
BITCOIN BULL RUN TILL $2,50,000/- or aboveIn this chart i analysis the BITCOIN chart with the help of Elliot wave & find the next potential target for BITCOIN which come around or above $2,50,000/- & then after reached that point BITCOIN take correction as last past cycles apx or in mid range of 80%-90% so i am assume 84% correction which come till $40,000 before the halving of year 2024...& we never touched this last ATH of $20,000 in this correction