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BTCUSDT Analysis: Bullish Momentum and Key Support ZonesBTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT. If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up. Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
by Sanhara
EUR/USD Under Selling Pressure: Resistance Blocks Recovery?The 1-hour chart of EUR/USD shows a downward trend with a rounding top pattern, highlighting dominant selling pressure. Currently, the price is hovering near the resistance level of 1.07581 USD. If it fails to break through this level, EUR/USD may continue its downward trend towards the strong support area around 1.06904 USD, where buying interest could emerge. If this support level is breached, the pair could experience a deeper decline. Investors should closely monitor price reactions at these resistance and support levels to make well-informed trading decisions. Latest news impact: Recent strong U.S. economic data has boosted the USD, adding extra pressure on EUR/USD.
Short
by Nava_Brish
LTCUSDT: Will This Bullish Setup Ignite a Rally or Fade Away?Yello, Paradisers! Are you ready for what’s brewing in LTCUSDT? 👀 💎LTCUSDT is signaling potential bullish momentum, displaying a bullish Change of Character (CHoCH), a Break of Structure (BOS), breakout of resistance trendline, and the formation of an inverse head and shoulders pattern. These are key indicators suggesting a potential upward move that can't be ignored. 💎If LTCUSDT manages to break out of the current resistance zone, it would enhance the likelihood of a continued bullish push, effectively validating the current pattern. 💎However, should we see a retracement, we could anticipate a bounce from the support zone. To improve the probability on our side, looking for a bullish internal CHoCH on lower timeframes will be critical. Additionally, monitoring BTC’s price action will provide added confirmation and insights. 💎If the price breaks down and closes a candle below the support zone, it will invalidate this bullish scenario. In that case, the best course of action is to remain patient and wait for more compelling price action to form. Trade smart and stay disciplined, Paradisers. Remember, solid analysis and strategy always outshine impulsive decisions. This is how you win in the long game. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
HDFC Bank Ltd - Base consolidation setup on a weekly timeframe Amidst the broader market volatility, HDFC Bank among the large cap has formed a flat base consolidation with price nearing breakout zone on a weekly timeframe. Ideal to keep a close watch on this stock. The stock price is trading above the 30 weekly moving average. An up-move could be seen if it breaks out above 1800. Stop loss at 5-8% is ideal. Target: Initial target 20-25% for positional trade. Post that, trailing stop loss at higher level. Note: Not a buy/sell recommendation. Please consult your advisor.
NSE:HDFCBANKLong
by TheUnlearningOne
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 343 Next Resistance is at 386 Support is at 271 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.
NSE:CLSELLong
by MandeepSinghKohli
PIXTRANS - Breakout Setup, Move is ON..NSE:PIXTRANS ✅ #PIXTRANS trading above Resistance of 1678 ✅ Next Resistance is at 2220 Related charts: Charts are 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.
NSE:PIXTRANSLong
by Sandeep_Aggarwal