From January 8th, 2024, to March 7th, 2024, the TAO jumped more than 290%, where the price accelerated massively from $193 to $755.86. However, the price encountered a supply zone and failed to harness further gains on the daily chart.
The deterioration from the supply, after failing to surpass $756 took the price into bear's control, where nonstop lower low...
Gold price remains pressured for the third consecutive day while extending the mid-week pullback from an all-time high. In doing so, the spot gold price (XAUUSD) retreats from a three-month-old ascending resistance line backed by the RSI’s U-turn from overbought territory. Apart from that, the US Dollar’s corrective bounce and receding bullish bias of the MACD...
on weekly charts
1. ascending triangle pattern
2. bounce from the slope of ascending triangle
3. 3>6>18>50>200 Week EMA while price bouncing from 200 week EMA and closing above 18 week EMA .18 week EMA provides a strong support and can be used SL
4.price closing in 2 year high zone
5.weekly MACD (12-26 ) showing positive momentum
entry - ideal at 2350...
As of writing, in a broader view, the EOS coins price has breached its narrow declining ranges it was following for a prolonged span. The breakout makes it a bullish pattern, precisely the falling wedge pattern.
Where the price took major support from the wedge lower border by JULY 5th, where the major market had been bullish due to market leader BTC showing...
As we Saw Quarterly Results of TataMotors were not Upto Estimation
So we Created Short Side Direction for Trade ...
And we Can See very Beautiful Divergence For Selling Tata Motors
We Can Short with SL around 1051
With Expecting Price to go Below 900
Risk to Reward is Favourable
EURUSD retreats from the highest level in four months as traders await monetary policy announcements from the European Central Bank (ECB) early Thursday. In doing so, the Euro pair justifies the overbought RSI conditions. However, a successful break of a descending resistance line stretched from early January, now immediate support near 1.0890, joins the bullish...
From October 15th, 2023, low of $0.970, the price had peaked more than 800% up to $9.0 by March 14th, 2024. Thereon, the BTC declined, and a broader market followed, resonating with the godfather of global crypto.
In the process of rising and declining, two major zones were developed, where the supply was built around $8.5, and demand was built around...
On the day timeframe chart, the past price structure displayed a tremendous 1101% advancement in WIF price from $0.389 on February 26th, 2024, to $4.820 by March 31st, 2024.
However, the peak formed instability in Dogwifhat (WIF) price and developed support at the level of $2.3119 after dipping to $1.96 by April 13th, 2024, which appears to be the volume profile...
The Ethena (ENA) price had an all-time high at $1.51 by April 11th, 2024, and then started plummeting by resonating with BTC, as ENA has a BTC correlation score of 0.83. The price structure developed a falling channel, and for the last three months, the price has traded inside of this pattern.
Recently, in correlation to BTC, the price showed a bullish presence...
After the mesmerizing gains of more than 500% gains, from $7.68 on Feb 7th to $47.11 by Mar 9th, the price ended up in a range that looked tilted slightly downwards. The AR price has witnessed price activity move in the wedge for nearly 140 days.
In the wedge, the price had shown 4 attempts to move past the wedge's upper boundary and the resistance zone of...
Hello Everyone, i hope you all be doing good. I have brought a stock which has given bullish triangle pattern breakout. Stock name is Cantabil Retail India Ltd and it was incorporated in 1989 and started its readymade garments manufacturing and retailing business in the year 2000.
Product Portfolio & Revenue Split 9MFY24
Men’s Wear (83%) - Formals, Casuals,...
GBPUSD seesaws at the highest level in a year ahead of the UK’s monthly Consumer Price Index (CPI) data for June. In doing so, the Cable pair justifies the overbought RSI (14) line as buyers struggle around a one-year-old horizontal resistance zone, close to 1.2995-3000. It’s worth noting, however, that the bullish MACD signals and the quote’s sustained trading...
The daily chart presents that BONK is trading in a parallel upward channel. The derivatives are high, and the optimistic analysts on X suggest a much higher possibility of BONK Resurging in coming sessions. (DYOR).
Previously, on the daily chart, the BONK had two major swing highs or peaks; from that peak (BONK/USD: COINBASE), it declined from supply to around...
On the day timeframe chart, the past price structure displayed a tremendous 1101% advancement in WIF price from $0.389 on February 26th, 2024, to $4.820 by March 31st, 2024.
However, the peak formed instability in Dogwifhat (WIF) price and developed support at the level of $2.3119 after dipping to $1.96 by April 13th, 2024, which appears to be the volume...
The asset has displayed bullish behavior as it approached dynamic 50-day, and 200-day EMA bands. Meanwhile, the MACD has surged with a bullish cross in bearish territory, signifying the awakening of a bullish presence. The RSI flashed above a median line at 50.77 after taking assistance from the 14-SMA smoothened line. The RSI appears in the midst of a journey...
USDJPY rises the most among the G10 currency pairs early Tuesday while stretching the previous day’s recovery from an upward-sloping support line from late December 2023 and the 50-SMA. Adding strength to the Yen pair’s rebound is the improvement in the RSI (14) line. However, the bearish MACD signals and the 21-SMA hurdle, currently around 160.00, challenge the...
Hi,
NSE:MOTHERSON has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like...
