Double Top or Bottom
Lic is at Support Line with Low Selling volume , Upwards Movelic is at the support line .its making double top on weekly pattern but volume is low so chances are its takes support and moves upwards but if volume is high it will break this support line
Disclaimer - Chart is for education Purpose only
GRAPHITE STOCK :- GRAPHITE
TREND :- POSITIVE
SETUP :- DOUBLE BOTTOM BREAKOUT WITH BIG VOLUMES
TIMEFRAME :- DAILY
BUY :- AT CURRENT PRICE WITH SPLIT FORM CAPITAL
STOPLOSS :- BREAKOUT CANDLE LOW
TARGET :- 1:2 RISK REWARD
NOTE :- please consult your advisor before investing in stocks which i recommended
BANKNIFTY BY KRS ChartsDate: 20th Aug 2024
Time: 2:48 PM
Correction Phase over in BN?
1. In D TF, it was correcting in Downside channeling and on 6th Aug it made its final low for that correction
2. During whole Aug, BN was a sideways so far and made Double Bottom with 6th Aug and 14th Aug low.
3.Today BN finally Breakout neckline of D Bottom and sustaining the levels.
Target ~51750 and likely new upside move will continue from these two lows.
TIAUSDT: A Bullish Breakout or False Hope? Key Levels to WatchYello, Paradisers! Are we about to witness a massive bullish move in TIAUSDT, or will it break down and catch traders off guard? 😱 Let's break it down.
💎TIAUSDT has broken out of its descending channel and is in the process of forming a W pattern, which is increasing the probability of a bullish move.
💎However, for the bullish scenario to truly play out, we need TIAUSDT to break above the resistance zone and close a candle above it. Only then can we expect further upward momentum. But remember to closely watch BTC's price action as well, as it will increase the overall probability of success.
💎In the case of a pullback, we could see a bounce from the small support level, but for confirmation, we need to see a Change of Character (CHoCH) indicating a shift back to a bullish market structure. This will significantly improve the odds in our favor.
💎However, if TIAUSDT breaks down and closes a candle below the support zone, it would invalidate our bullish scenario and we’ll need to re-evaluate.
Be disciplined, trade smart, and always wait for confirmation before making any moves.
MyCryptoParadise
iFeel the success🌴
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Is NEARUSDT Setting Up for a Breakout? Key Levels to Watch Now!Yello, Paradisers! 🚨 Are we about to witness a major bullish move on NEARUSDT? The falling wedge pattern that has formed is signaling a potential breakout, but there are key signs to watch out for before making any moves.
💎If NEARUSDT approaches the support zone and shows bullish signs, followed by a breakout from the falling wedge, the chances of an upward surge become much stronger. Confirmation will be crucial—look for signs like:
💎Change of Character (CHoCH) towards a bullish market structure
💎Bullish candlestick patterns, such as the Morning Star or Bullish Engulfing, to further stack the odds in our favor
💎But, let’s keep our feet on the ground. If the price falls and closes a candle below the support zone, it invalidates the bullish setup, and we'll need to reassess our strategy.
🎖At MyCryptoParadise, we always wait for the highest probability trading opportunities. Patience, discipline, and strategic planning are key to making it in this game long-term. Play it smart, Paradisers! Keep an eye on the charts, and don’t jump the gun.
MyCryptoParadise
iFeel the success🌴
Ethereum Breakout? Inverse Head & Shoulders Pattern Ethereum has formed an inverse head and shoulders pattern on the 4-hour time frame, which is typically a bullish reversal signal.
For confirmation, ETH needs to break above the $2,450 resistance level.
Once this breakout is confirmed, the price could target the $2,800 level, indicating a potential upward move.
Keep an eye on volume during the breakout for further confirmation of a strong rally.
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🌴
Kotak Bank Swing Idea (Long)Kotak Bank is stuck in parallel channel range for awhile & might make a move in coming weeks due to following reasons
1)Trading above 20 EMA & 50 EMA on daily chart
2)Inverse head & Shoulder formation on weekly chart
3)Double Bottom pattern formation on daily chart
4)Swing Lows are not broken on weekly
(Note: Not responsible for profit & Loss nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
ZOMATO - DOUBLE BOTTOM - 1HR CHARTZomato is making Double Bottom pattern at 1hr chart. Today it made a Hammer, clear RSI divergence.
There is also Trendline Resistance, today it has taken support at an old support level. There is probability of going up from here.
Buying seems above 248 because in case it goes down tomorrow then it may take support at 230-235 levels.
For learning and educational purposes only, not an advice.
WIFUSDT on the Verge of a Breakout? Yello, Paradisers! Are you ready for a potential breakout? WIFUSDT has been following a resistive trendline for quite some time, and now it's formed a W pattern—often a bullish reversal signal! But is it time to get excited?
💎If WIFUSDT breaks out and closes a candle above the resistance zone, it will confirm the breakout of the trendline and validate the W pattern (or possibly even a triple bottom). This could be the start of a bullish move!
💎However, if we see a pullback, a bounce from the support zone could still be in play. For extra confirmation, it's wise to wait for a CHoCH (Change of Character) towards a more bullish market structure.
💎But beware! If WIFUSDT breaks down and closes a candle below the support zone, it would invalidate our entire bullish outlook.
🎖Stay disciplined, Paradisers. The market is full of traps, but with a strategic approach, you'll navigate it like a pro.
MyCryptoParadise
iFeel the success🌴
LVMH: Bullish: Butterfly detected.LVMH: Bullish: Butterfly detected.
The price could go down to the PRZ zone indicated on the right chart: 512 to start, then 388 if the Double top plays its role.
This will therefore be a very interesting entry point for investors.
Below: Some information about LVMH.
LVMH (Louis Vuitton Moët Hennessy) is today the world leader in luxury and one of the largest French companies. Here’s a look at where LVMH stands today:
Recent Financial Performance
LVMH recently announced its third-quarter 2023 results, which missed analysts’ expectations
This announcement caused a significant drop in the stock price, which is down more than 20% from its record highs
Market Position
Despite these mixed results, LVMH remains the world’s largest luxury company, with a portfolio of iconic brands including Louis Vuitton, Dior, Givenchy, Kenzo, Moët & Chandon and many others
Structure and Values
LVMH is a family-owned group founded in 1987. Its primary mission is to ensure the long-term development of each of its houses, while preserving their identity and autonomy. The group emphasizes creativity, innovation and excellence in all its products and services. Corporate Strategy
LVMH's strategy is based on the vertical integration of its value chain, from raw material sourcing to selective distribution. This approach aims to ensure the excellence and sustainability of its products.
Social and Environmental Responsibility
LVMH is increasingly committed to ethical, social and environmental initiatives. The group places emphasis on adopting and promoting honest behavior in all its actions and relationships.
Future Outlook
Despite recent challenges, LVMH remains a solid company with long-term growth potential. , like any company in the luxury sector, it is sensitive to global economic fluctuations and changes in consumer habits.
AAVEUSD headed for double bottom target?AAVE token made two lows in April and July of this year
On RSI this resulted in a divergence, as the prices made a new low but RSI failed to make a new low
This was followed by a failed attempt to break the neckline to the upside.
Finally in August we saw the token successfully break the neckline inspite of weakness across the crypto space
This breakout has sustained and now AAVE seems headed to hit it's double bottom targets
MCX- Double bottom setup - Best above 428 or 320 when fallsMCX - Purely Technical Setup.
The stock did well in last 3 days even when the stock was falling.
One can enter above 428 / with stop loss of 321.
Please note the stock may retrace and if that happens, buy around 320
Disclaimer : Educational content. Please do your own research.
Laopala - Best to add above 351. SL 308Laopala is up in last 3 weeks.
The stock is best to be added above 351, with Stop loss of 308
The stock may surprise and fall and one can enter at 310 if it falls.
Purely Technical setup, as the stock made tripple bottom and there is a RSI Breakout.
Disclaimer : Educational content. Please do your own research.
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🌴