USDT.D Bullish Divergence and Double Bottom Signal a Trendline Retest
USDT dominance ( CRYPTOCAP:USDT.D ) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern.
These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy...
India's biggest bank finally broke out after months of correction and consolidation. Lot of news and investment expectations boosted the stock for new breakout but a green candle was nowhere to be found for strong close after huge gap ups and hence stock corrected down to its supports. NSE:HDFCBANK is finally ready to continue its upmove after completing its retest.
#Suzlon #VCP #Breakout #trendingstock
Suzlon :
>> Rounding Bottom Breakout + Retest Done
>> Small VCP Visible (Retest zone)
>> Trending Stock
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by...
#Maninds : #Breakout Candidate
>> Range Breakout + Retest done
>> Decent Valuation Stock
>> Trending Setup
>> Flag Structure Visible
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade...
Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs.
The VWAP is a highly...
The #BTC/USDT pair has recently undergone a significant event, testing a key trend line and subsequently bouncing from it. This bounce has coincided with the formation of a bullish divergence, indicating a potential trend reversal and the beginning of a bullish phase for Bitcoin.
The current price action suggests that #Bitcoin is now poised to retest three...
#LINK/USDT Technical Analysis: Bullish Divergence Signals Potential Upside
The #LINK/USDT pair has formed a bullish divergence pattern, suggesting a potential upward movement in the near term. Currently bouncing, it aims to retest the $14.1 level as its immediate resistance.
Should the price manage to surpass this level and breach the liquidity area, further...
It sounds like you're analyzing two potential scenarios for the BTC/USDT pair. Let's break them down:
1. **Retest of $60,000 to $59,000, then liquidation of longs, followed by a rise to $84,000:**
- This scenario suggests that Bitcoin might retest the $60,000 to $59,000 level, possibly to shake out weak hands or test support levels. After this retest, it could...
Today, we're going to take a deep dive into the technical analysis of Bharat Dynamics Limited ( NSE:BDL ), a government-owned company in India.
📈 Breaking the Rectangle Pattern 📈
On April 24, 2024, BDL broke out of a Rectangle pattern that was formed after making an all-time high. This rectangle can be interpreted as a Re-accumulation in stage 2.
🎯 New...
NEAR crossed falling wedge but how to catch fair price.
FAIR price : 5$
but first it will touch 12$ after halving it will go retest according to price action.
4
Chart analysis in Weekly time frame:
Pattern: Basing pattern is formed in 5.5 years.
Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed.
Volume: Volume spike is there during BO and the volume is above Moving Average.
Trade setup:
Entry price: 345.7
Stop loss: Below previous ATH 304.7
Target 1: 369.3
Target 2: 407.55
...
"Delivery Idea 22-01-24
GREENPANEL (CMP: 393.3)
Buy Above: 405
SL Below: 380
Target: 455"
Stock has Swing BO on Dated 28-12-2023. Now Same level has retest and take Support at Swing High.
If Stock again Move Back on 20-01-2024 High, then take Entry.
Disclaimer: Content shared through our digital media channels are for information and education purposes only...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself.
After breakout, a major resistance becomes major support. Here we can see price taking support from that level many times. But not just that, it is also showing Bullish Divergence on RSI which shows that price can...
