High Breakout Probability TradeAnalysis:
Price moving in channel pattern i.e., supply in green zone and demand at red zone
In weekly time frame, aggressive approach shown by buyers with strong candle.
Idea : Enter point will be breakout level at Rs 970 or above and stop loss as per R:R basis.
Disclaimer : Consult financial advisor before trade or investing
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#DEGO Entering on the confirmed breakout#DEGO Entering on the confirmed breakout from the Descending Channel. on 1 hr TF.
Descending channel breakouts are usually breakouts on upside.
We have marked up OBV bullish divergence which shows prices may go up.
We have marked up RSI bullish divergence which also shows prices may go up.
This is for educational purpose. Consult your financial advisor before invest in the crypto.
Cryptocurrency investment is subject to market risk. Manage your risk accordingly.
#Dego is good on-chain Finance project and it has combination of Defi+NFT protocol & infrastructure.
UPL_ Support violated & Confirmation at Retest LevelIdea behind trade :
- Downtrend- Support Violated- Confirmation at Retest level - EMA 20 and EMA 50 violated- RSI Divergence
Entry Rs.745.90 or above
S/L Rs. 773.45
Target Rs.709 , 690
Risk-Reward 1:2
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#C98 looks good in 8hr TF.#C98 looks good as it is currently is in the symmetrical triangle pattern in 8hr TF.
it could be a good long opportunity if it's breakout upside and retest on Small Time frame.
I would recommend to wait till successful upside breakout and retest to further confluence of support.
#C98 is good coin to make good profits in a short span as this is not yet pumped so far.
Awaiting of your kind comments in this regard.
CADILAHC BUY AND HOLDCADILAHC HEALTHCARE SEEMS VERY BULLISH FROM HERE.
1) Near multi-year support of June 2017.
2) Good risk-reward ratio.
3) Support Re-testing.
4) BUY from current levels with Sl 550 on a closing basis.
5) Positional view for the first target of 600 if crossing above this levels........ hold for 660/700 levels.
6) RSI divergence on the daily chart.
7) CUP pattern breakout.
8) KEEP WATCHING volume needs to confirm the trend too for good move.
CAN BE TRADABLE IN EQUITY OR FUTURES.
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SHRIRAMCIT SHRIRAMCIT (W): After a long period of consolidation, SHRIRAMCIT finally broke through multiyear resistance, indicating a 3130 target.