BITCOIN IS BACK! #CRYPTORALLYBitcoin is clearly in an uptrend after forming a double bottom. It has broken the OBV resistance, and volume is increasing. The Supertrend indicator is giving a buy signal, with a target of $72k in sight.
Double Top or Bottom
Deebock industries ltd. Big bullish movementRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas and share it with your friends. check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Bikaji foodBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
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🌴
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.
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
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🌴
Reversal from support | double bottom breakout | volume supportUnion Bank seems bullish and moving in range. It has shown double bottom breakout from the support line. Volume has increased.
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.
BTC double Top BTC formed a double top on the week chart leading to a down of around ~45K.
It's just an analysis on the week chart and it's not sure whether it will go down or not. Please do all your work before performing any trading/buying/selling on my analysis/prediction.
Crudeoil analysisClassical double top rejection with Triangle patter. It may lead to Short or long as per the level suggestion. It has also volume profile which suggest more selling pressure.
WOCKPHARMA (Monthly)WOCKPHARMA (Monthly)
Stock forming W pattern in monthly TF
Fib levels as SL and targets
DR Reddy's LabsPullBack in 1D time frame at 61% fib levels
Buy Above 4740
SL - 4660
TP1 - 4820
TP2 - 4902
TP3 - 4977
BTSTshort term trendline break and get support on previos sup line,double bottomseen,may go for a btst
SOMETHING IS SURELY COOKING IN SMALL PVT BANKSNSE:IDFCFIRSTB is preparing itself for a double bottom breakout on daily charts. Not just IDFC FB but CUB and other small private banks are nearing breakout.
ZOMATO - Double BottomZomato is making Double Bottom pattern at 2hr chart, probability of touching 196, if sustain then it may touch 206 too.
For learning and educational purposes only.
Publishing my 50th idea on this platform. NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
Rallis IndiaThe double bottom pattern is considered complete when the price surpasses the resistance line. This breakout is a bullish signal, suggesting that the downtrend may be reversing, and an uptrend could be underway
Mahanagar Gas - ATH breakout !!!!Mahanagar Gas has moved to ATH at good volumes. We can see the first target of 1800+. Other factors:
1. Double Bottom pattern on DTF
2. RSI above 60
3. MACD above zero
4. Breakout volume
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
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🌴
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🌴
