Get started

Fibonacci

TON is tuning up for a potentially bullish performance! 🎶💎 Paradisers, #TON has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #TONUSDT breaks above the resistance zone, we can set our sights on targets up to the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the Breaker Block (With FIB 0.618 level), but we need to be cautious here and consider other market activities and trends. 💎 However, if the price drops below the Breaker Block, it will invalidate the bullish signals and the inverse head and shoulders pattern. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
Reliance will Support Nifty for Upmove?Reliance Industries, a major component of Nifty 50 with more than 10% weightage, is currently trading at 2850, which is the 61.8% FIBO retracement level of the last swing. We might expect a good bounce from this level. However, if this level does not sustain on a closing basis, we might see a fall to 2728, where there is a strong demand/support zone at 2647 - 2728. The monthly and weekly trends (50 SMA) for Reliance are positive, while the daily trend remains sideways for now. Watch Reliance closely, as its movement will likely influence Nifty's direction.
NSE:RELIANCELong
by PriteshPalan
Nifty monthly expiry analysis for 30/05/24.Today nifty after a gap down opening has remained in a 100 points range closing 83 points lower. The daily candle is looking bearish and chance of testing 22580 levels are high, if it starts trading below today's low of 685. Nifty is trading between the moving averages and 20 ema is around the support zone. A bullish leg is there in the market and it is the retracement or profit booking before the election results. On fib levels it can test 38.2% levels. If the levels are breached soon, 580 levels will be tested . Major support levels :- 22680, 22620 Resistance :- 22800, 22880 Tomorrow is monthly expiry and upcoming week there is election results. Bullish reversal can be a possibility in case of a gap up opening. Flat to slightly gap down opening there will negative sentiment on intraday. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by TheMamboMomentum
sbi cards now open his cards to reached life time high soon Sbin cards i follow last several years something is cooking inside the candle and chart pattern what is key 1-First he follow fab. point 2- hold 2 down rising channel parallel way which is sign on reversal 3- there is flag on 2021 at the price of 1060 that will reached that price as early as possible supply zone and resistance at the 820 and 840 FLY zone above 1000 ONLY for the long term holding position Strong support at 650 and 620 SBI cards jackpot delivery trade taken from my last previous charts like ITI and Voltas which almost double and three times return in really quick time same I expect from the sbi cards charts now price is 702 TRG 1 - 820 TRG 2 - 920 TRG 3- 1000 above 1000 that will reached to 1220/1420/1620/2000 trg for next 2 year For shor term share holder SL 620 for long term and medium risk taker 500 is final SL that all research and parameter those want to learn can contact me on my number [/
NSE:SBICARD
by Share-Mechanic
INJ: Bullish OB and Fibonacci Levels Signal Potential Upsurge 🚀💎 Paradisers, #INJUSDT has broken out of the resistive trendline with a Fair Value Gap (FVG), and subsequently, the price showed a Change of Character (CHoCH) towards the bullish market structure, enhancing the probability of a bullish move. 💎 My idea for #INJ is to look for bullish signs at the bullish Order Block (OB) combined with the Fibonacci 0.5 and 0.618 zones. If we detect any bullish signs like an Internal Change of Character (I CHoCH), we can expect a bounce from here to target external liquidity (Previous Swings). These liquidity zones are also ideal for booking profits. 💎 However, if the price doesn't show any bullish signs and instead falls below the bullish OB zone, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
BAT: Double FVG and CHoCH Point to a Strong Upward Move! 🌟💎 Paradisers, #BATUSDT has shown a Fair Value Gap (FVG) twice after taking liquidity and displayed a Change of Character (CHoCH) towards the bullish market structure, increasing the likelihood of a bullish move. 💎 If the price shows a pullback and indicates bullish signs from the FVG and Bullish Order Block (OB), which is supported by the Fibonacci 0.5 and 0.618 levels, then we can expect a bullish move. 💎 In the case the price falls without any bullish signs in these key areas, we can anticipate a bounce from the demand zone. 💎 However, if the price shows panic selling and falls below the demand zone as well, it will invalidate our entire idea. In this scenario, it would be better to ignore it and wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan