A channel breakout is a price pattern that occurs when the price of an asset moves outside of a support or resistance level with increased volume. A channel breakout strategy trades based on whether a symbol breaks out of a channel, which is created using the highest and lowest values for a specified channel length. Also Forming a Rounding Bottom...
#LINK/USDT situation, including the potential retest levels and technical indicators: #LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes...
Darvas box + positive relative strength can turnaround this counter !!
#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels #Bearish Divergence A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is...
Coming out of Supply Zone with positive relative strenth
Only thing missing is volume which should come after the results !!
1. Liquidity is above 2. Triangle Pattern will break very soon and bullish this ETH 3. BTC is pumping but ETH is not other all ALT coin is punmping rest of ETH so now This is good time to BUY ETH you'll get easily 10-15% High 4.already 15-20% Down from High so good price to BUY
Symmetrical triangles occur when a security's price consolidates, generating two converging trend lines with opposite slopes. A symmetrical triangle's breakout or breakdown targets are equal to the distance between the initial high and low applied to the breakout or breakdown point.
Bitcoin Consolidated b/w 55k-62k, now trading above 65k. BTC next trading range would be 62k-73k. Bitcoin can be bought here @65.1k with SL 62k and target would be 68k, 71k, 73k and 77k.
An analyst captain Faibik on Tweeted with bulliosh sentiment on X platform, that a breakout is anticipated in wedge pattern and it could send it to $4000 price mark. Similarly, on observing the analyst tweet, the ETH asset daily chart depicts that, it has been rising steadily and firmly, from support as it remains above the major 200-day EMAs, indicating bullish...
Bata India looks bullish from this level as this steup is showing. this can be a good time to enter the trade .
Date 18.05.2024 If resistance band gets breakout after formation of cup & handle patter, followed by breakout of speed resistance fan will have higher momentum upwards
Date 18.05.2024 Right-angled ascending broadening wedge is a high volatile pattern, easiest way to trade is if cloud breakout long if cloud breakdown then short
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Call details in the image LTP 92.50 For more info - Plz visit my profile Dont miss to Like,Comment & Share the idea Regards, Naresh G SEBI Reg. RA
1) close at multi years high 2) 1116 is major supply level 3) 2021 high now acting as resistance 4) volume also not helping to break this level No recommendation for buy and sell
Setting up Nicely 💚 COALINDIA + Prior uptrend + above Key EMAs + building up at the resistance -: Not a Buying recommendation
Buy sarla performance @ 90-93 Sl 72 Tgt 102-117-143-164-178 Monthly 8 yrs of cup pattern breakout with huge volume,H&S pattern on daily chart with huge volume.