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Double Top or Bottom

Is POLSUSD About to Reverse? Key Levels to Watch Now!Yello, Paradisers! Are we on the brink of a significant reversal for POLSUSDT? 🚀 Let's dive into the latest analysis to understand what's at stake and how to navigate the potential moves ahead. 💎POLSUSDT has been following a resistive trendline and recently formed a W pattern, increasing the probability of a bullish reversal. However, we need more than just a pattern to confirm the move. 💎For a confirmed bullish move, we need a proper breakout of both the resistive trendline and the resistance zone. 💎If there's a pullback, we can expect a bounce from the support zone. Confirmation will come from an I-CHoCH (Internal Change of Character) indicating a shift towards a bullish market structure. 💎If the price breaks down and closes candle below the support zone, it will invalidate our bullish scenario. In this case, patience is crucial, and we should wait for a more favorable price action to develop. Remember, Paradisers, trading is about discipline and patience. Wait for clear signals before making your move. Stay focused and play it smart! MyCryptoParadise iFeel the success🌴
PLong
by MyCryptoParadise_Nathan
Frog Cellsat - Strong Fundamentals and Technicals.-> The company has shown a good profit growth of 151.97% for the Past 3 years. -> The company has shown a good revenue growth of 15.20% for the Past 3 years. -> The company has significantly decreased its debt by 6.08 Cr. -> Company has been maintaining healthy ROCE of 25.02% over the past 3 years. -> Company is virtually debt free. -> Company has a healthy Interest coverage ratio of 30.48. -> The company has an efficient Cash Conversion Cycle of 60.53 days. -> Company has a healthy liquidity position with current ratio of 4.44. -> The company has a high promoter holding of 74.10%. -> The company has a strong degree of Operating leverage, Average Operating leverage stands at 31.86.
NSE:FROGLong
by brijmohan_h
Infosys Ltd Analysis!NSE:INFY Analysis on a Daily Timeframe! Double Bottom Pattern formation in Infosys Ltd! Double Bottom Pattern/ W Pattern Formation with RSI Divergence! Analysis: As we can see in the chart NSE:INFY started falling down from Feb 2024. It was in clear downtrend. After that it has made a double bottom pattern but it's second bottom is lower than its first bottom, so I have added RSI indicator to get a confirmation about Divergence. We can see a clear divergence while price falling down RSI moving upwards so we can expect the price will move upwards in the upcoming trading sessions. I have marked all the important levels on the chart please have a look. Trade Psychology and Setup: Entry = Current price level is good to Enter Target = 1607.65 Stop Loss = 1460.50 Disclaimer = Consider my analysis for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:INFYLong
by Avinash9087
5
Bitcoin Cash: Breakout or Breakdown? Critical Levels to Watch!Yello, Paradisers! Have you noticed the recent patterns forming in BCHUSDT? It's shaping up to be a pivotal moment for Bitcoin Cash. Let’s dive into the details! 💎BCHUSDT has recently taken liquidity and is forming a triangle pattern. On the lower timeframes, BCH has developed a W pattern, which typically signals a higher probability of a bullish move. However, to confirm this and target higher levels, we need a breakout and a candle closing above the resistance zone. This confirmation would significantly increase the likelihood of a bullish continuation. 💎If BCH breaks out and closes candle above the resistance zone, it would validate the bullish W pattern and open the door for higher targets. 💎In the event of a pullback, we can expect a bounce from the support zone, potentially forming a triple bottom, which is another bullish sign. 💎Conversely, if BCH breaks down and closes below the support zone, it will invalidate our bullish outlook. Stay focused, patient, and disciplined, Paradisers. This is the only way you can make it far in your crypto trading journey. Be a PRO💰 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
SbinIn daily time frame price has formed a symmetrical triangle and it can give break out in any direction. In lower time price is facing double top resistance. Trend direction deciding zone will be 860. Buy above 865 with the stop loss of 860 for the targets 870, 875 and 880. Sell below 854 with the stop loss of 859 for the targets 849, 844 and 838. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:SBIN
by vanathi
2
MKR/USDT High Probability Setup Revealed!Yello Paradisers! Are you ready to seize a golden opportunity in the crypto market? 🚀 MKRUSDT is currently showcasing a high probability setup that might be your next big win! 🤑 💎MKRUSDT has formed a falling wedge and is showing a W pattern within the bullish order block (OB) zone. Here’s what you need to know: 💎If the price breaks out and closes a candle above the resistance zone, it will validate both the W pattern and the falling wedge. This would significantly increase the probability of a bullish move. 💎In case of a pullback, we can expect a bounce from the bullish OB zone. However, we need to see an I-CHoCH (Internal Change of Character) towards the bullish side for confirmation. 💎 If the price breaks down and closes a candle below the bullish OB zone, it will invalidate our entire bullish outlook and pattern. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
4
Major Move Coming for INJUSD: Will You Be Ready?Yello, traders! Are you ready for what could be a significant shift in INJUSDT's trajectory? Let’s dive into the details: 💎INJUSDT has shown an Internal Change of Character (I-CHoCH), taken inducement, and then formed a W pattern from the support zone, which increases the likelihood of this pattern playing out. 💎If INJ breaks above the resistance zone, it will validate the W pattern, and we can anticipate a strong bullish move. 💎In the event of a pullback, we might see a bounce from the support zone. However, it's wise to wait for an I-CHoCH confirmation on a lower time frame to be sure. 💎If the price breaks down and closes below the support zone, it will invalidate our entire setup. In this case, it's better to ignore the current action and wait for a more reliable price formation. Trade smart, stay disciplined, and keep your eyes on the charts! The market is full of opportunities, but only those who stay focused and patient will succeed. 🎖 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Lupin 5 years breakoutLupin pharmaceuticals has formed classical double bottom W pattern in 15mnt, weekly & monthly timeframe. Just to illustrate easily i have posted weekly timeframe screenshot. It should sustain above 1200 levels. Nice 3 weeks consolidation seen on that levels. Looks like it’s ready to move mies away. Because this technical pattern targets are normally upside equals to bottom cup formation. There is on big news flow also there on these levels so best occation to get good volume support too. News is as follow "Lupin Diagnostics eyes 100 labs in five years”. So looking better long term choice. DISCALIMER: I AM NOT SEBI REGISTERED ANALYST.ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS,RIGHTS RESERVED.I AM NOT RESPONSIBLE FOR YOUR profit or loss.
NSE:LUPINLong
by ashishhc
1