Why The Crypto Bull Rally Will Continue!The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed.
The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign.
The big red candles are concerning but selling has subsided in the last 7 odd days with some pocket pivots popping up. The RS line is indecisive but gradually moving upwards. Better be long here as the trend has been heavily bullish !
The break of the inside bars on either side will confirm the trend.
Search in ideas for "INSIDE BAR"
S&P500 EMINI FUTURES HOURLY GANN CHART AT 07:12 IST...E-Mini Futures have made high at a sweet and sensitive vibration point at 4963.75 at 2:30 on 02 Feb 2024. The previous cluster zone hurdle seen between 24 Jan 2024 at 22:30 IST to 26 jan 2024 at 22:30 IST. We got a breakout at 30 Jan 2024 1:30 IST. Thereafter till 31 Jan 2024 1:30 IST we were resisted near 4963.50 but could not cross it. High Today is 4963.75 just 25 cents above it and we are forming inside bars with small bodies within the breakout candle range of $4.75 range. A short here will provide a good trade with risk reward ratio of 1:5 as per your risk profile. Levelto shrt will be 4957.25 at 07:23 IST.
N.B. Not an trading Advice. With usual disclaimers as pplicable within the reach of this beautiful Trading Analysis Platform.
BEL Multi Time frame analysisDaily TF, Cup and Handle, RSI taken support
Weekly TF Triangle Breakout, almost inside bar formation
Monthly TF NR 4 breakout (Jan-April) Possible target Yearly Pivot R2 140-142, that is aligning with Cup and Handle Daily TF breakout
RSI can plateau out, time to trail longs as there exits a gap at lower levels 82/83 levels. Monthly volumes are declining.
HFCL Simple Price Action
Formed InsideBar in weekely Time frame
Gave Powerfull Breakout Of Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 99
Keep sl at 80
Target can be 160
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
IREDA Simple Price Action
Formed multiple InsideBar in weekely Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 148
Keep sl at 93
Target can be 280
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
IDBIBANK
Simple Price Action
Formed multiple InsideBar in weekely Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 79
Keep sl at 59
Target can be 110 / 150
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
CORALFINAC CORALFINAC (SWING TRADE STOCK )
Simple Price Action
Formed multiple InsideBar in Daily Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 71
Keep sl at 59
Target can be 100
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
JSW ENERGY - Getting Tight #Insidebar #dojiJSW Energy after a good consolidation is now getting ready for another upmove, formation of tight dojis and Inside bar, also today's last 10min closing suggests there would be a sudden spurt in this scrip. Ripe for swing trade. Ideal Stoploss would be 378.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
EVENING STAR ON THE TOP Bearish pattern has been formed on the top of the Nifty.
Inside bar breakout has been seen in the lower side and also the formation of Evening Star.
If price pierce the low of the Evening star, short sell would be preferred.
Multiple strategy like
Bear Put Spread
Bear Call Spread
Orient Cement : Swing Trade / Short term (1-3 months)#orientcem #patterntrading #insidebar #insidecandle #inverseheadandshoulderpattern
Orient Cement : Swing Trade / Short term (1-3 months)
>> Good Trending Stock Setup
>> Good Inverse Head & Shoulder Breakout
>> Inside bar Formation after Breakout
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.