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Fractal

Hang Seng Tech - Defining MomentHSTECH has gone through a deep correction in last few years. My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade. We have completed Wave 1 and 2 and Wave 3 has begun. Within wave 3, just minor 1 and 2 have been done and we are in 3 of 3. View negates if we break 2990. MAHKTECH is an ETF in India for trading this index. Disclaimer: Invested.
HLong
by pankajarora232
Pepe Coin: The New Meme Coin Sensation of 2024Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥 Currently, it stands proudly at the 40th rank by market cap and an impressive 9th rank by volume in the last 24 hours . Let’s take a closer look at Pepe coin and see why everyone’s talking about it. 👇 ✅ Pepe’s Market Performance: A Quick Overview The buzz around Pepe coin is palpable, and it’s already being hailed as one of the top meme coins of this cycle. And guess what? The real euphoria hasn’t even kicked in yet. 🔥 Pepe is coming out of the long-term accumulation range, and with the crypto market starting a new bull cycle, the momentum is going to accelerate soon. The current candles’ range and the volumes are a testament to the underlying strength. ✅ Comparative Analysis: Pepe vs. Doge ⚡️ Structural Similarities between PEPE and DOGE If we place Pepe and Doge alongside, it’s like looking at two sides of the same coin . The market structures and fractals of Doge from 2020 to 2021 bear a striking resemblance to Pepe’s current trajectory. And what do the market gods say about history? It is often similar and repeats itself! 👀 At the moment, it looks like Pepe is right at the same stage as Doge was in 2021 , when it started it’s monster rally. The momentum building up around Pepe suggests we’re just at the beginning of what could be an exhilarating euphoric phase. ⚡️ Relative Performance of PEPE and DOGE Since there’s no symbol for PEPEDOGE, we can make a ratio chart by dividing PEPE by DOGE to make a custom symbol. Looking at the chart, Pepe has significantly outperformed Doge by over 300%. I’ve used the latest swing as a reference because it’s the most relevant point in the current scenario, as meme coins have been rallying from that point onwards. ✅ Broader Market Context ⚡️ Relative Performance of DOGE and BITCOIN We’re examining this chart to grasp how the market context is evolving. Doge has consistently been lagging behind BTC for a couple of years . Both its price and momentum are at historic lows. However, there are early indicators suggesting a reversal and a change in trend. This implies that once the alt season kicks in, Doge will gain momentum and surpass Bitcoin. This context is crucial because it sets the stage for Pepe’s performance, suggesting that its lead over Doge could extend throughout this market cycle. ⚡️ Relative Performance of PEPE and BITCOIN Despite Bitcoin’s dominance, Pepe has been making waves, outperforming the crypto giant and hinting at the immense potential it holds for the upcoming alt season. This strengthens the fact that once the market-wide alt rally begins, Pepe can outperform others by a huge margin. Conclusion Pepe coin’s journey is a fascinating tale of unexpected triumphs and the unpredictable nature of meme coins. Its rapid ascent to a SEED_TVCODER77_ETHBTCDATA:3B market cap and its standout performance in the market are clear indicators of its potential to climb even higher, possibly reaching the $50B mark or beyond. While the crypto market is known for its volatility and surprises, Pepe coin’s current trajectory suggests that it’s on its way to becoming one of the top 10 coins in this cycle. The excitement around Pepe is undeniable, and for those of us watching, participating, or just cheering from the sidelines, it’s a reminder of the thrilling unpredictability that draws us to cryptocurrencies. Thanks for reading. Hope you found it useful. Let me know your thoughts in the comments. Cheers! Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
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Long
by johntradingwick
5
State Bank of India - Is a five wave advanceSBI, or the state bank of India, first formed a triangle and then a five-wave move higher. The triangle itself is a pattern that proceeds the final move in a particular direction. By that nature, it mostly occurs in wave B or wave 4 of a trend. So, irrespective of what the triangle meant, the next rally is a five-wave move that can end something. A higher degree chart is needed to understand what it can end. If we close down for the day, it can be presumed that wave 5 of 5 was completed at today's high. This would hold true till the high is not surpassed. If it is surpassed, we would extend wave 5 of 5 to an extended rally .
NSE:SBIN
by indiacharts
UTTAM SUGAR MILLS LTD - BREAKOUT OF MORE THAN 16 YEARSUTTAM SUGAR MILLS LTD it is one of the leading sugar company in india. the stock has posted exceptional results in the december 2023 quarter over year on year basis. on the technical side , the stock registered high of 475 in the year 2006, note this , 2006. over all these year it has traded under this range for 17 years. now in this bull run , the stock has touched high of 535 in the month of NOV 2023 and is now trading around 380 levels where this should be accumulated for targets of atleast 850 . this may become a multibagger going forward as this kind of breakout in the history has given returns ranging in multiples of 100 plus. study and enjoy the ride. thanks
NSE:UTTAMSUGARLong
by jai9195