$MKR Chart Looks Strong: Heading for a New All-Time High?ASX:MKR Chart Looks Strong: Heading for a New All-Time High?
#MAKER is looking strong and trying to break through the red resistance zone. If it breaks this level, the price could go as high as $6000, reaching a new all-time high!
Key Details:
▪️ MKR is breaking a major resistance level.
▪️ Based on past patterns, MKR could give up to 500% gains from here.
My Plan:
▪️ Entry Zones: $1700 - $1600
▪️ Targets: $2800/$3775/$5800/ New ATH
▪️ Stop Loss: $1400
Stay tuned! This could be a big move for #MKR 🚀
Harmonic Patterns
Layer AI (LAI/USDT): A Bullish Chart Setup with Massive PotentiaLayer AI (LAI/USDT): A Bullish Chart Setup with Massive Potential
The Layer AI (LAI/USDT) chart is showing strong bullish signs, making it an exciting opportunity for traders and investors alike. After bouncing from a well-established support zone, the token appears primed for another significant upward move.
Why I’m Bullish on Layer AI
Historically, LAI has shown tremendous growth after bouncing from similar support levels. In its previous rally, the token surged an incredible 900% from its support zone. With the current setup, I’m expecting a potential 500% upside move from this level.
Key Trading Levels
Entry Zone: $0.015 - $0.013
Targets:
$0.021
$0.041
$0.085
$1
$2
Stop Loss: Below the support trend line
Technical Insight
The price is rebounding strongly from the support zone, a critical level that has historically triggered massive price surges. With market sentiment turning positive, this could be the beginning of a significant rally.
If Layer AI continues to follow this pattern, it could deliver substantial returns to traders who position themselves within the outlined entry zone. Stay tuned for updates as the price progresses toward these targets!
Disclaimer: This is not financial advice. Always do your own research before investing.
MRPL - Weekly Chart AnalysisRetest Zone Identified: The price has returned to a key historical retest zone near ₹157, which has acted as significant resistance in the past and is now being tested as a support level.
Historical Context: After a strong breakout above this level, the stock rallied significantly, indicating the importance of this zone. The retest suggests potential accumulation in this area.
Price Action: The price seems to be forming a base in the highlighted support zone, showing a possibility of upward momentum if this level holds.
Future Projection: A potential bullish scenario has been illustrated with a dotted purple line, suggesting a move towards ₹264 and beyond if the retest is successful and buying interest resumes.
Key Levels to Watch:
Support: ₹135-₹157 (Green Zone)
Resistance: ₹264 (Next Major Resistance)
Conclusion: MRPL is at a critical juncture. If the retest zone holds, it could present a strong buying opportunity for a potential long-term uptrend. Traders should monitor this zone closely for confirmation of bullish momentum.
LOOM/USDT Technical Analysis – Potential 130% UpsideLOOM/USDT Technical Analysis – Potential 130% Upside
Current Setup:
LOOM/USDT is displaying a bullish accumulation pattern within the $0.068–$0.065 range, forming a strong base for potential upside movement.
Key Levels:
Entry Zone: $0.068–$0.065 (Accumulation area)
Targets:
Target 1: $0.092 (Initial resistance breakout target)
Target 2: $0.115 (Intermediate resistance)
Target 3: $0.150 (Extended target based on historical price action)
Stop Loss: $0.054 (Below key support for risk management)
Resistance Levels:
A critical resistance zone lies at $0.069–$0.072. A confirmed breakout above this level could initiate a strong upward momentum, leading to significant price appreciation.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VIJAYA
BUY TODAY SELL TOMORROW for 5%
BITCOIN (Near Breakout level)What I see:
An impulsive wave from A to B
(As we already know After every impulse had a correction)
After made a high, price may correct to 50% of the impuse wave & made a low of 49000
Now here I see two things:
Pole & Flag pattern
BoS (Break of Structure level)
Take buffer of 1500 points for confirmation.
Then closing above 75300 we may see an impulsive move again which leads to price 89000
What to do:
Just wait and watch mode.
Targets: 89000, 92000, 95000, 98000
Idea got invalid if any candle closes below 48800
I am not a SEBI Registered. This analysis is purely for educational purposes only.
.
If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
BTCUSD/BITCOIN 1H BUY PROJECTION 23.11.24Reason for Bitcoin Bullish
One big reason Bitcoin's price has gone up is because institutional demand continues to rise.. They're putting a lot of money into Bitcoin, which makes it more trustworthy. For example, MicroStrategy has bought a lot of Bitcoin and made a good profit as its value has increased. The way the market works also help
BLZ/USDT Accumulating Strongly: Targets Point to $1🔰 BLZ/USDT Accumulating Strongly: Targets Point to $1 🚀
GETTEX:BLZ Technical Analysis
▪️ Trend: Strong bullish momentum observed over the last two weeks, with consistent higher lows indicating accumulation.
▪️ Historical Context: Previous breakout patterns on BLZ/USDT have delivered a minimum of 500% gains. Current price structure aligns with historical breakout behavior.
🔰 Key Levels:
▪️ Accumulation Zone: $0.10–$0.125 (Strong support area with high buy interest).
▪️ Resistance Zone: $0.28 (Immediate resistance).
▪️ Targets: $0.28 / $0.48 / $0.70 / $1 (Fibonacci-based extensions and historical price targets).
▪️ Stop Loss: Below $0.10 (Breakdown invalidates bullish setup).
🔰 Outlook: A confirmed breakout above resistance can signal continuation toward the $1 mark, supported by volume and price action. Failure to hold accumulation levels could shift the bias to neutral.
🔰 Disclaimer: This is a technical observation. Perform due diligence before making any trading decisions.
Nifty Weekly Analysis For 25-11-24 to 29-11-24Nifty Weekly Analysis For 25-11-24 to 29-11-24
Nifty Daily trend is Bearish. Now nifty is giving a pull back.
Friday's move activated XABCD pattern in Hourly chart.
If Nifty Sustains above 24080, more upside possible and Targets are 24280/24480.
If Nifty slips below 23500, index will go into a range between 23200-23500.
Short level is Only below 23200.
INFY - Risk Reward is good for Shorting for 1600INFY - CMP 1864
I see multiple signals for shorting this script.
1. The 5 wave seems to have ended at 1991.45 from April 2023 low of 1185.3.
1.1. After the 5 wave impulse rise, the price has completed one impulse wave down for A wave on the downside (this to had 5 waves on the downside).. and a FAST rise to 0.618% to complete the B wave.. Now, I am EXPECTING that the C will start, that will have 5 subwaves and it will likely end at 1600 odd levels.. Here is the chart
2. H&S Formation
3. halting at the 0.618% Fib retracement level. If it falls from here, then Bullish AB=CD pattern will come in to play
here is the link to the chart
If you closely observe, it has also broken the swing low of 1718.55 (6th Aug 2024) on 4th Nov (low made on 4th Nov was 1718)
Finally, I have reasons to believe that INFY has completed it's 5 wave impulse on Monthly TF as well.. But awaiting confirmation for the same.. Here is the chart with counts on MONTHLY TF
I am not a SEBI Registered Analyst. Please consult your Financial Advisor for investment decisions
Can $DAO Hit 5x-10x? Key Resistance Break Could Be the Trigger Can NYSE:DAO Hit 5x-10x? Key Resistance Break Could Be the Trigger 🚀
The DAO/USDT chart is showing potential for a major breakout. If the key resistance at $0.50 is broken, we could see explosive gains of 5x-10x.
However, liquidity is low, which means high risk—invest cautiously and with proper risk management.
Key Levels to Watch:
Entry Zone: $0.35 - $0.44
Stop Loss: $0.23
Targets: $1/$1.88/$2.50/$5
I remain bullish on #DAO but always trade wisely ⚠️
Banco Products (i) Limited - Breakout Setup, Move is ON...#BANCOINDIA trading above Resistance of 860
Next Resistance is at 1998
Support is at 637
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
bajajfinance 10k ?Hi
This stock is consolidation from a long time since 2021, forming a ascending triangle pattern which is a good sign. this stock have a good potential to go up as per fundamentals too.
We can accumulate this stock with a last swing stop loss which is around 6200
and we can same thing in bajaj finserv this stock is in uptrend during the time period of bajaj housing
you can share your views in comment.
Thanks
Bullish harmonic in BPCL in Time frame- WEEKLYSpotted- Bullish harmonic in BPCL in Time frame- WEEKLY
Observe whether it respects the harmonic levels.
Study-Practice-sharing
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST based on what I publish here.
I am not responsible for your loss or gain.
Nifty50 Positional Trade for 28th Nov - Short Iron FlySell 4x 28NOV2024 23500CE - ₹ 208.5
Sell 4x 28NOV2024 23500PE - ₹ 178.54
Buy 4x 28NOV2024 23800CE - ₹ 77.6
Buy 4x 28NOV2024 23200PE - ₹ 84.4
--
Max. Profit ₹ +22,504 (16.44%)
Max. Loss ₹ -7,496 (-5.48%)
Max. RR Ratio 1:3
Breakevens 23275.0-23725.0
Net Credit ₹ +22,504
Estimated Margin/Premium ₹ +136,898
Positional Delta: -3.89
Theta: 2051.52
Gamma: -0.12
Vega: -1659.41
#Nifty directions and levels for November 22nd.Good Morning, Friends! 🌞
Here are the market directions and levels for November 22nd.
Market Overview:
The global markets are showing moderately bullish sentiment (based on the Dow Jones only), while our local market has maintained a bearish sentiment. Today, the market may open with a neutral to slightly gap-up start, based on the Gifty Nifty showing a positive 100 points.
> In the previous session, both Nifty and Bank Nifty experienced a significant fall. However, Bank Nifty had a solid pullback, making the structural setups for both indices different.
What about today?
Looking at Nifty's structure, there is consolidation after a long correction. Usually, this type of structure indicates a trend continuation. On the other hand, Bank Nifty had a solid pullback, suggesting further upward momentum. The gap-up indication from SGX Nifty supports this view.
Thus, both charts are showing different directions. My personal opinion is:
> if the market declines initially, it might decline further, but the momentum will be reduced.
> Conversely, if the market sustains the gap-up, then we can expect a rally continuation, but only if it has a solid candle structure
Let me explain this further with the charts.
Nifty: Current View
As per the structure If the market declines initially, we can expect a correction. However, the best confirmation would come if it breaks yesterday's low with consolidation or a solid candle structure. If this happens, the next target could be a minimum of 23082.
Alternate View:
The alternate scenario suggests that if the market sustains the gap-up and breaks the 38% Fibonacci level with a solid breakout structure, we can expect further pullback continuation with some consolidation. On the other hand, if it breaks the 38% level with gradual movements, it could consolidate between the 50% Fibonacci level and the previous low.
#Banknifty directions and levels for November 22nd.Bank Nifty Current View:
According to the structure, if the market sustains the gap-up and has a solid breakout structure, we can expect further pullback continuation accompanied by some consolidation. On the other hand, if it breaks the MSZ level with gradual movements, it could consolidate between the previous high and the previous low.
Alternate View:
The alternate view suggests that if the market declines initially, we can expect a range-bound market between the previous low and the opening price. After that, we can follow the direction based on which level it breaks.