#Ethereum Technical Analysis Update
Chart Pattern: Bull Flag Formation
Ethereum is showcasing a classic bull flag pattern on the ETH/USDT chart. This is often a bullish continuation pattern, indicating potential upward momentum if the market conditions align.
Key Breakout Level: $3,250
If Ethereum breaks and holds above the $3,250 resistance level, we are...
Lux Industries - CMP 1200
Buy on Dips till 1075
SL CLB 1025
Tgt - 1450-1700
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Rgds,
Naresh G
SEBI Registered RA
Sector: Household & Personal Products
everyone knows MARICO the FMCG player in INDIA offer great value to portfolio...
fundamentally MARICO offers ROE 34.27% & ROCE 39.82% @ only 45.07 PE .
Technically, as we can see on chart, price in HTF demand zone..
on DAILY chart we can see consolidation in bottom seems accumulation and PRICE may take upside move after...
Sector: Ship Building
MONTHLY & WEEKLY chart shows strong uptrend backed by gov initiatives
ON DAILY chart we can see accumulation in HTF demand zone n expect price will continue its HH & HL pattern...
long term investors can also accumulate this stock for long term....
Sector: Ground Freight & Logistics Services
mid cap govt centric compony with strong fundamentals which offers ROCE 13.7% ROE 10.6% & 1.27% dividend yield looks grate at this valuation...
monthly & weekly chart shows strong bullish trend.....
daily chart also bullish...
so accumulate it in a gradual manner in every dip for the target 1027/1120...
Like always the chart should tell you everything you need to know about Motherson.
Now for the readers, here are some pointers:
- The price broke a structure in June to rally about 20%
- Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance.
- The 100 rupee mark is also a strong psychological resistance for...
GOCL Corporation Ltd. (30% upside potential)
price is in w demand zone which in monthly resistance now becomes support.. HTF st. highly bullish...
conservative trader may accumulate after daily bullish confirmation..
long term investors may accumulate for all time high....
Sector: Printing & Stationery
script makes HH & HL pattern in HTF ... now it is in HTF demand zone
daily turns bullish n seems start making HH& HL pattern n continue its bullish trend...
so one can buy for new all time high ( possibly)
Sector: Hospital & Healthcare Services
HTF chart shows strong uptrend in this script.
on daily chart , we can see PA in HTF demand zone with bullish structure...
195approx level may respect as a resistance so it took as a partial profit booking. Long term investors can accumulate for all time high target....
#BITCOIN Weekly Chart Analysis-
As per CRYPTOCAP:BTC Weekly chart based Analysis of Parabolic Projections, already mentioned many times into previous posts, it is moving absolute perfectly and it will be into it's last Downtrend of Correction cycle around GETTEX:54K -52k upto May-June 2024.
From July 2024 onwards, Bitcoin again Starts for their next Uptrend...
#BTC/USDT chances to move 3 direction :
1. CHACNCE to form bearish shark after retest 60k
2. consolidation near 62500 and move to 72500$
3. if lost 59200$ support, it will fall down to 53k level with 10 to 15% correction
NEAR again failed to break its long tern boundary of the triangle, at least 20% dump is possible, make a short setup with low leverage or wait for its support to buy on spot.
EOS recently proposed to reduce token supply up to 2.1 billion with halving at every four year just like BTC. And staking reward, this news resulted 10% up and still more to come.
BNX is one of those coins which have very low or unaffected from recent Crypto crash, but now BNX looks like out of fuel. So short setup is expected and Targets and SL are as given in chart.
Recently experienced a price drop due to some bad news but has since shown signs of recovery.
The ideal accumulation range for KUCOIN:KCSUSDT is between $10 to $5, making it a good opportunity to buy more as it holds significant potential.
- #KuCoin stands as one of the largest cryptocurrency exchanges.
- Myriad of utility features within the KuCoin...
CMP 1970
Buy on dips till 1880
SL CLB 1820
TGT"s 2050-2150-2200 & More
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For more info - Plz visit my profile
Regards,
Naresh G
Sebi Reg. RA
