Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges.
After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe.
Above EMA10 gives us bullish potential...
Now that EMA10 has been conquered,...
-Stock broke out of a downward channel and then consolidated for a few weeks with volumes drying up.
-Stock broke out yesterday after consolidation, confirming a double bottom and an inverted head & shoulder pattern.
-Stock also broke above a long-term resistance line that has been tested multiple times over the years.
-Breakout was on high volume.
-Stock...
ok for those who follow me and my swing trading method i wnat to share you my 4h chart:
2018/05/05 : MACD et stochastic rsi sell signal ( 9800/9900)
2018/05/06 : first MA break, sell confirmation,if you miss the first signal (9600)
2018/05/09 ; MACD and Stochastic buy signal (9000/9100)
2018/05/10 : MACD and stochastic sell signal (9300/9400)
2018/05/11 : No buy...
Suven Life Sciences
Investment Horizon - 6 months plus
CMP 239
Top Down Approach - a) Monthly Chart b) Weekly Chart c) Daily chart.
a) Higher Time frame chart - Monthly (Ascertaining the big picture)
1) Above 30 period EMA.
2) Cup formation in progress and the first HH is seen suggesting early stages of the uptrend has started.
3) Breakout observed past the...
above the support and MA 20, MACD bullish cross over
weekly MACD is bearish, if it crosses red colored resistance, then weekly MACD may become bullish which will support further rise of the stock
1)MONTHLY CHART
-The stock managed to close above its previous crucial resistance zone
-we saw a pennant breakout
-macd turned positive
-rsi at 59 needs to cross 63 for higher levels which will be achieved in the coming months
-if the stock manages to close above 1478 on monthly basis then we will achieve higher levels
MONTHLY TRADEVIEW
BUY @1480
STOP...
STOCK HAS FORMED A PENNANT ON DAILY CHART
WHICH WAS RESULTED IN A FLAG FORMATION IN WEEKLY CHART
TREND MIGHT CONTINUE ON THE UPSIDE AFTER THE PENNANT HAS BROKEN
STRONG SUPPORT AT 1793 WEEKLY SUPPORT
ACTION
WAIT FOR PATTERN TO COMPLETE
GO SHORT IF CLOSES BELOW 1793(RISKY)
FINALLY IT HAS BROKEN OUT OF THE PATTERN
WITH RSI SPIKING UP
MACD GAINING POSITIVE...
Nifty' technical view following the Trend,momentum, MA,Price channeland oversold conditions.
The trend intact with the MACD above the zero line, it is bullish,but the momentum is decreasing.
Price broken from the channel & EMA89 support both and theRSI oversold can be there for any
long time. Out of all marked conditions followed for bull run to continue, all...
RECAP
Last Sunday indicated that the NS will be range bound and by the end of the week the
correction can resume. It was at 8185.60 and after 5 trading days hard work it
closed at 8243.80, though made low of 8140 and high of 8306 (both near vantage points).
NIFTY WEEKLY UPDATE CMP 8243.80.
Yahoo chart link...
in.finance.yahoo.com
EMAs : Bulls managed to...
The fall in ACC has not been surprising - governments crackdown on black money has dragged real estate and infrastructure stocks in the red, with ripples felt in the allied sector such as cement.
The stock was already on a decline - last week's news made the fall steeper.
ACC has successfully retraced to 0.382 of its top at CMP of 1400
What indicators are...
Waiting for a daily closing above Rs75.50 or RSI crossing level 64 whichever comes earlier. Trendline support is intact from the 52week lows. Good Q3 results, SL below previous swing lows for a ride till fib ext 1.618 levels.
Macd signal positive, histogram showing strength and macd about to be above Zero.
Strength after ADX crosses 30.
Disclaimer : Above...
The price structure of the Vechain price has shown an upside trend from the end of the week of October 2023. It generated higher high peaks and lows until it reached the supply level at $0.0511.
The VET price made three unsuccessful attempts to move past the resistance at the supply level but failed as bears pushed it toward the downward side. The VET price...
Despite pessimistic news regarding the Toncoin (TON) and deteriorating major metrics, the TON technical charts exhibit bullish behavior. A higher-high swing price action was witnessed on the daily chart.
The long-term trend-based 50-day and 200-day EMAs are bullish, as the prices are trading on top of them, and the bands are acting as dynamic supports for...
✅The stock has been in a downward-sloping channel since October 2022, forming lower highs and lower lows. Recently, the price has broken above the upper boundary of this channel, indicating a potential reversal in trend.
✅There is an increase in volume, especially during the breakout above the upper boundary of the channel. This indicates strong buying interest...
Breakout with Bullish Momentum
✅The stock has been in a consolidation phase between ₹440 and ₹560. Recently, the price has shown signs of breaking out above the upper resistance level, indicating a potential bullish move.
✅ Immediate support around ₹520, which was a recent resistance level. Stronger support near ₹480, aligning with the lower...
✅The stock has been trading within a rising channel, encountering a 4.6-year-old strong resistance. Recently, the price has broken above this resistance, showing a potential bullish continuation.
✅ Immediate support around ₹180, aligning with the lower trendline. Stronger support near the 50 EMA at ₹154 providing a robust base for potential upward movement.
✅...
✅The stock has been consolidating below a 6.6-year-old very strong resistance level, which also marks its all-time high (ATH). Recently, the price has shown signs of breaking out above this resistance, indicating a potential bullish continuation.
✅ Immediate support around ₹1,400, aligning with the lower trendline. This strong support level provides a robust base...
