#BTC/USDT has recently shown promising signs of a potential relief rally, supported by the formation of a double bottom pattern and bullish divergence. A double bottom typically indicates a reversal pattern, suggesting that selling pressure may have exhausted and buyers are stepping in. Concurrently, bullish divergence, where price forms lower lows while the...
💎 Paradisers, #FLOKI has broken out of the Descending Channel and formed a 'W' pattern at the bullish Order Block (OB) level, which enhances the probability of a bullish move. 💎 If #FLOKIUSDT breaks above the resistance level, we can target the next resistance levels. Remember, we need a confirmed candle close above this level. 💎 In the case of a pullback, we...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 10-5-24 Nifty has broken a Trend Channel’s Lower Support Line with BIG Price Breakdown and closes below it for the first time after Jan.24. Now this Support Trend Line will become A Very Tough Resistance for any Relief Rally. A Short covering upto 22150-22200...
That sounds like a bullish scenario for #SOL/USDT! Here's a description you could use: "#SOL/USDT has recently formed a double bottom pattern on the 1-hour time frame, coinciding with a bullish divergence, indicating a potential trend reversal. The price has also formed a double bottom pattern on a larger time frame, further confirming the bullish bias. The next...
#ETH/USDT has formed a double bottom pattern and is currently bouncing from the golden ratio (0.618 Fibonacci retracement level), indicating a strong support level. The next significant resistance level is around $3350. If Ethereum manages to break above this resistance, we could see a further upward movement towards the $4000 mark. The double bottom pattern is a...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 9-5-24 Today’s Green Candle cooled down the oversold position. Now Nifty can resume it’s downtrend. In Hourly chart it is showing Lower Highs and Lower Lows. Double TOP formation will confirm when it breaks the level 21775. RSI has shown the "DIVERGENCE" The...
#sol/usdt as a double top pattern coupled with bearish divergence near the $160 resistance hints at a downturn. Anticipate a potential retest toward the $136 to $126 support range as selling pressure mounts
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 8-5-24 Double TOP formation will confirm when it breaks the level 21775. The Downtrend will begin for quiet a long time. Sell on every Rise of 6-10% with strict stoploss (Which will be given by your financial advisor. Do not trade if you don’t know the stoploss). ...
💎 Paradisers, #BAKE has formed a 'W' pattern after taking liquidity by breaking below previous swings and then rebounding, indicating potential trapped sell positions with stop losses above the resistance area. 💎 If #BAKEUSDT breaks out above the resistance level, we can expect a bullish move as it triggers the stop losses of sellers, potentially leading up to...
Bank of Baroda is making a Double Bottom at 15min chart, made Inside Bar Candle, clear RSI divergence, probability of going up. Need to see the movement of the market before taking the trade. For my learning and digital records purpose only!
NSE : JUBILANT FOODWORKS CMP - 472.6 VIEW - bullish / long ANALYSIS - Technical A bull divergence on daily MACD indicator with higher lows is contrast with price action of lower lows indicating a divergence. Breaking of bearish trendline indicates a potential trend change with double bottom ...
Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
Double 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...
After good correction there is strength seen in this counter. Double bottom is confirmed here, this means now there is change in trend and now bias is up. buy on dips will be good strategy
💎 Paradisers, #ATOM can capture the liquidity of traders who entered on the breakdown of the previous low and has also formed a 'W' pattern, increasing its bullish potential. 💎 If #ATOMUSDT breaks above the resistance level, which could trigger stop losses for sellers who acted on the breakdown, we can target the next resistance levels. 💎 In the case of a...
💎 Paradisers, #AR has taken the liquidity of traders who acted on the M-pattern breakdown, but now that the price has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, we can anticipate a bullish move. 💎 If the price breaks above the resistance level, we can target the next resistance levels. 💎 In the event of a pullback, we...
ADA/USDT has indeed shown promising signs with a double bottom formation, a trendline retest, and a clear bullish divergence. This suggests that the price may reach $1 or even break above it to reach new all-time highs.
If you missed trade in FSL then here is another one. NSE:RUSHIL double bottom breakout awaited on closing basis, price broke out today. Weekly chart looks even stronger, earlier than before. Expecting 20% gains soon.