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Double Top or Bottom

Is LINKUSDT About to Surge? Yello Paradisers! Could LINKUSDT be on the verge of a major breakout? Here's what we're seeing that could signal a bullish move. 💎LINKUSDT has been trading within a descending channel, but underneath it, a clear W pattern has emerged, increasing the chances of bullish momentum. If LINKUSDT breaks out and closes a candle above the resistance zone, it will confirm both the descending channel and the W pattern, making a bullish move even more likely. 💎On the flip side, if the price pulls back, we might see a potential triple bottom forming at the support zone. For that to happen, though, we'll need confirmation in the form of an I-CHoCH (Internal Change of Character) towards the bullish side. 💎However, if LINKUSDT breaks down and closes below the support zone, it would invalidate the entire setup. Stay vigilant, Paradisers, and be ready to act based on how the market reacts at these key levels. 🎖 Remember, the key to success is patience and discipline. Wait for the highest probability setups to present themselves, and only then make your move. Stick to your strategies, and you'll stay on the path to long-term profitability. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Time to Buy/Bottomfish #cochinship ?At this juncture cochin Shipyard offers good RR. From a deep price and Time correction, the stock formed a base and broke out of it and showing signs of reversal. A potential stage 2. The reasons for going long are as follows. -Stage 2 Breakout -Formed Double Bottom in DTF -Narrow Range candles with Dry Volume - Channel Breakout. Keep In mind: - Volumes need to improve. -Expect Shakeouts. Tweak the SL as per your risk appetite. Like I mentioned in the beginning, if this is a reversal then the reward will be high. As always- Please study the chart and do your due diligence. And please do not trade on any tips. Enter only if you understand the company, the chart and the price. #StocksInFocus
NSE:COCHINSHIPLong
by sagartharayil
Is CYBERUSDT Primed for a Bullish Breakout? Yello, Paradisers! CYBERUSDT is inching toward a crucial resistance zone and trendline after forming a "W" pattern with bullish divergence—a pattern often signaling potential upward momentum. But what does it need to move with real strength? 💎If CYBERUSDT successfully breaks through this resistance zone and trendline with a solid candle close above, it would confirm the "W" pattern, significantly increasing the likelihood of a bullish move. 💎However, if CYBERUSDT encounters a pullback instead, we’ll be watching for a bounce from the support zone. To stack the odds in our favor, we’d ideally want to see inducement followed by a bullish I-CHoCH (internal change of character) on lower timeframes, which would add further confirmation. 💎On the flip side, if CYBERUSDT breaks down with a candle close below the support zone, this invalidates our bullish setup. In that scenario, waiting for clearer price action to re-establish a favorable position would be the most disciplined move. 🎖 Remember, the key to success is patience and discipline. Wait for the highest probability setups to present themselves, and only then make your move. Stick to your strategies, and you'll stay on the path to long-term profitability. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
FETUSDT: Will This Key Zone Make or Break the Bullish Move?Yello, Paradisers! 🚨 Are you ready for a potential game-changing move in FETUSDT? We're currently sitting in a crucial zone that could decide the next big trend. 💎FETUSDT is riding within a descending channel, and right now, the price is hovering around a key level. If we see a breakout above the resistance zone and a strong candle close, the odds of a bullish rally will significantly increase. 💎But what if the price pulls back? In that scenario, we could see a potential double-bottom pattern emerge from the support zone. However, for a confirmed bullish structure, we'll need to see an I-CHoCH (Internal Change of Character) indicating a shift toward a bullish market. 💎On the flip side, if FETUSDT breaks down and we get a candle close below the support zone, it would invalidate our bullish outlook. Stay sharp, and be ready to adapt! 🎖That’s why, Paradisers, discipline and patience are key. Make sure you’re not caught off guard, and always wait for the highest probability setups. This is how you stay in the game long-term and join the winner's circle! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
RVNL Forming Good Patterns. Ready for an upmove?RVNL At a support level and forming multiple patterns. It offers good RR at this level. - Double Bottom -Cup & Handle -Trendline Breakout. -Candles were narrow right before a breakout and volumes were dry during the pullback. Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite. 520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry. Please consult with your financial advisor before investing. The chart shared is for educational purposes.
NSE:RVNLLong
by sagartharayil
ONEUSDT: Critical Levels That Could Define the Next Move!Yello Paradisers! ONEUSDT is showing clear signs of a bullish market structure, with the formation of a classic W pattern, a reliable indicator that often signals strong upward momentum. This pattern significantly raises the likelihood of a bullish continuation. However, key price action levels will determine the next major move. 💎If ONEUSDT successfully breaks out and closes candle above the resistance zone, it will confirm the bullish bias. This breakout would not only increase the chances of further upward movement but also offer ideal entry points with tight stop-loss levels for risk management. 💎In case of a pullback, we’ll look for a bounce from the nearest support zone, which previously acted as resistance before flipping to support post-breakout. This level will serve as a crucial validation for the bullish structure to remain intact. 💎On the other hand, if ONEUSDT breaks down and closes candle below the support zone, the bullish outlook will be completely invalidated. A breakdown here could pave the way for deeper corrections, and traders should exercise caution. 🎖 Stay patient, disciplined, and prepared for all scenarios, Paradisers. Trading isn’t about predicting every move—it’s about strategic planning and waiting for the highest-probability setups. The next decisive move in ONEUSDT will be a test of your resolve and preparation. Always remember, in the market, consistency beats quick profits! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Is STXUSDT About to Explode or Collapse?Yello Paradisers! Could we be on the verge of a major breakout for STXUSDT, or are we staring down a potential breakdown? Let’s dive into the details so you don’t miss out on this crucial moment! 💎STXUSDT has formed a descending channel, and right now, the price is sitting near a key support zone. This combination significantly raises the odds of a bullish move. 💎What we’re looking for is a Change of Character (CHoCH) in the lower time frame from this support zone. If that happens, the probability of a rally increases further, as it suggests a potential double-bottom pattern could be forming. 💎If we see a rise from this level followed by a breakout and a candle closing above the resistance zone, that will confirm the bullish bias. After the formation of a W pattern or a consolidation phase, the odds of a stronger upward move become even higher. 💎However, stay alert. If the price breaks down and we get a candle closing below the support zone, it will invalidate this setup completely. 🎖 As always, discipline is key, Paradisers. Be patient and wait for confirmation. Trading smart and sticking to high-probability setups is how you make it long-term in this game. Stay focused, stay disciplined! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Is SUSHIUSDT About to Break Out or Break Down?Yello, Paradisers! Are we on the brink of a big move in SUSHIUSDT, or are we about to see a breakdown? Let’s dive into the current setup so you're fully prepared for what might come next! 💎SUSHIUSDT has formed a falling wedge pattern—a bullish signal that’s increasing the probability of an upward move. Along with this, SUSHIUSDT is consolidating near a key support zone, further boosting the chances of a breakout. However, for us to be confident in this bullish scenario, we need to see a Change of Character (CHoCH), confirming a shift toward a bullish market structure. 💎What should you look out for next? If the price rises from current level, the safest move is to wait for a clear breakout and for a candle to close above the resistance zone. This would not only increase the probability in our favor but also form a W pattern, which is another strong bullish indicator. 💎On the flip side, if the price breaks down and closes below the support zone, our bullish thesis gets invalidated, and it’s time to re-evaluate the situation. 🎖Remember, disciplined trading is key to long-term success. Stay focused, patient, and always wait for the highest-probability setups to present themselves! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
FILUSDT: Is This a Bull Trap or a Breakout?Yello Paradisers! Is FILUSDT gearing up for a bullish run, or is this just another fake-out? The recent breakout from a resistive trendline and the formation of a W-pattern are raising hopes of a potential bullish move. But, as always, the devil is in the details. 🧐 💎If FILUSDT breaks out and closes a candle above the resistance zone, it will confirm the W-pattern, significantly increasing the probability of a bullish rally. This would be the ideal entry point for those looking to ride the uptrend. 💎In case of a pullback, we can expect a bounce from the support zone. However, if the overall market shows heavy bearish momentum, it's wiser to ignore any long entries. Here, scalping opportunities might arise, but they should be approached cautiously. 💎For a stronger confirmation of bullish strength from the support zone, we need to see an I-CHoCH (Internal Change of Character) that indicates a shift toward a bullish market structure. Without this, any move upwards could be weak and short-lived. 💎Be vigilant! If FILUSDT breaks down and closes a candle below the support zone, it will invalidate the entire bullish idea. In such a case, the market could swiftly switch gears, turning this setup into a bearish trap. 🎖Staying disciplined and waiting for clear confirmations will be crucial here, Paradisers. Remember, it’s better to miss a trade than to be caught on the wrong side. Stay safe and patient—this market rewards the sharp and the strategic! 💎 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
POWERGRID may fall due to double top formationDOUBLE TOP FORMATION : powergrid has formed a perfect double top pattern on weekly timeframe and seemed to be positioned for further fall. Although it had shooted up suddenly 2 weeks back due to the uncertainty which bubbled up surrounding maharashtra election which affected whole stock market. But after the release of the election results it has started going down again BEARISH DIVERGENCE : Apartfrom double top it has also formed strong bearish divergence pattern on the chart with 2 divergent peaks having formed on 4th mar & 29th july respectively indicating strong bearish momentum for powergrid BEARISH MACD : macd indicator has also become extremely bearish with macd line hovering below signal line by large margin indicating bearish potential PROFIT TARGET : The stock will fall till 299 level which is 22 points away from the current level
NSE:POWERGRIDShort
by peace_lover
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