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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
Dalmia Bharat - Double Bottom Chart PatternThe "Double Bottom" pattern is a bullish reversal chart pattern that suggests the end of a downtrend and the beginning of an uptrend. When observed in Dalmia Bharat's stock chart, this pattern indicates a potential increase in the stock's price. It took almost 2 months to complete the pattern. Key Characteristics: Shape: The pattern consists of two distinct troughs at approximately the same price level 1700, resembling a "W" shape. Neckline: The highest point between the two bottoms forms the "neckline." A breakout above this level confirms the pattern. Volume: Volume often decreases during the formation of the pattern and increases on the breakout above the neckline, confirming the bullish reversal. Current Scenario for Dalmia Bharat: Breakout: Dalmia Bharat's stock has already broken out above the neckline, indicating a confirmed bullish reversal. Retest: The stock is currently retesting the neckline, a common occurrence where the price returns to the breakout level to test its new support. Implications: Market Sentiment: The successful retest of the neckline can strengthen the bullish sentiment, suggesting that the previous resistance level has now become support. Entry Point: The retest provides an opportunity for investors to enter a long position at a potentially lower risk, as the new support level is confirmed. Target Price: The target price can often be estimated by measuring the distance from the bottoms to the neckline and projecting it upward from the breakout point. Target level 2000 - 2050 Example: If Dalmia Bharat's double bottom pattern had bottoms at ₹1,700 and a neckline at ₹1,850, the distance is ₹150. Following the breakout, the target price could be around ₹2,000 (₹1,850 + ₹150). In summary, the double bottom pattern in Dalmia Bharat suggests a bullish reversal, and the current retest of the neckline is a critical juncture. If the retest holds, it may present a favorable entry point for investors, reinforcing the likelihood of an upward trend. Regards Arvind Yadav. Cfa Arvind Share Academy
NSE:DALBHARATLong
by Arvind_Share_Academy
Sterlite - Double bottom formation - Best Above 145Sterlite Tech - have bounced the base and formed a double bottom formation. FII's /DII's have raised their stakes while Promoters have reduced. There is a Double bottom neckline breakout at 140. One can take safe bet above 145 and average upwards. Targets 175/240/316 and above that Open Sky. Strict stop loss of 125. Disclaimer : Educational Content. Please do your own research. My earlier views on this chart. I see mostly promoters selling their stakes to FII/DII's as the only change.
NSE:STLTECH
by jain_geetesh
Massive BNB Breakout Imminent? Don’t Miss This Crucial Analysis!Yello Paradisers! Are you ready to dive into a potential game-changing move for BNB? Let’s get into the details. 💎 The recent bullish momentum has broken key levels, indicating potential for further gains. 💎 BNB is showing signs of inducement near the bullish OB, a key area to watch. 💎 If BNB breaks the resistive trendline and forms a W pattern, the probability of a bullish move increases. 💎 For confirmation, we need a breakout above the resistance zone. This could signal a strong bullish move. 💎 In case of a pullback, a bounce from the bullish OB is expected. However, we need a Change of Character (I-CHoCH) in lower timeframes for confirmation. 💎 If BNB breaks down and closes below the bullish OB, it invalidates our bullish thesis. Trade smart, Paradisers, and stay disciplined. Your long-term success depends on strategic and well-timed moves. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Impending Drop: USDT.D Faces Significant DeclineHi friends, If you observe the recent behavior of USDT dominance (USDT.D), it bounced back and touched 5%, but now it has clearly formed a double top pattern, which is a bearish sign. Additionally, the RSI is declining, supporting our bearish scenario. Whenever USDT.D falls, the crypto market tends to rise, and BTC often rallies. These two are inversely related. #USDT #CryptoMarket #Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #DoubleTop #BearishPattern #RSI #CryptoNews #Cryptocurrency #TradingAnalysis #MarketTrends #InverseRelationship #CryptoInvesting
CRYPTOCAP:USDT.DLong
by crypto_vulture_signals
JUBLFOOD formation of Double BottomDouble bottom chart pattern formed in JUBLFOOD and pattern will active only after break and close above 470. It is also important to note that JUBLFOOD is bounced back from prior support level with formation of bullish candlestick called Hammer. Price is also pierced the downtrend line and currently price is consolidating near neckline. We have also found inside bar pattern near the neckline, if upside breakout is sustained then we can get sharp up move or else pattern will be invalid.
NSE:JUBLFOODLong
by Arvind_Share_Academy
TITAN FOR TARGET 3570Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with TIDCO, the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu. Now i am considered titan for bottom fishing. i am expecting a good move in titan for 3/4 %. CMP : 3458 SL : 3360 TARGET : 3570 Note :This is not stock recommendation this only for educational purpose.
NSE:TITANLong
by rohanbangad
💎LEVER's cup & handle pattern suggests a bullish reversal.💎 Paradisers, #LEVER has formed a cup & handle pattern, which often signals a bullish reversal. If #LEVERUSDT manages to break out above the resistant zone, it could indicate a potential uptrend with targets towards the next resistance levels. However, confirmation of the breakout is crucial before making any trading decisions, so exercise caution at these key levels. 💎In the event of a pullback, we may anticipate a bounce from the Bullish OB, considering the overall bullish market structure. 💎Nevertheless, if the price breaks down below these levels without proper confirmation, it may be wise to refrain from immediate action and wait for clearer price action to emerge.
by MyCryptoParadise_Nathan
ETHFI's Bullish Move Or Trap? Critical Levels To Watch Now!Yello Paradisers! Are we on the brink of a massive bullish breakout for #ETHFIUSDT, or is it a trap? Let's dive in and find out. 💎#ETHFI has formed a triangle pattern and is currently showing a W pattern at the demand zone, signaling a potential bullish move. Here's what to watch for: 💎We need an I-CHoCH from here. Alternatively, a breakout of the W pattern can indicate a bullish move, but it comes with risks. If you're planning to trade this, consider setting small profit targets for safety. 💎If the price breaks out and closes above the resistance zone, we can expect a bullish move. This confirmation is crucial for a confident entry. 💎If the candle closes below the demand zone, it will invalidate our bullish idea. In this case, it's better to wait for clearer price action before making any decisions. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
2
HGInfra-DO NOT MISS!HG Infra is a techno-fundamental pick shared from infra sector. Stock is available at a PE of around 10 and ROE, ROCE>25%. Sales growth in 5 years is above 27% which is phenomenal Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart. Keep in watchlist. Do follow me if you like my analysis for more such ideas:)
NSE:HGINFRALong
by chartistamey