Is MATICUSDT Ready for a Bullish Breakout?Yello, Paradisers! MATICUSDT is showing potential for a significant move as it attempts to break out of the resistance trendline, forming an inverse head-and-shoulders pattern supported by bullish divergence. But is this the moment we've been waiting for? Let’s dive into the key scenarios.
💎If MATICUSDT successfully breaks above the resistance trendline and zone, followed by a candle close above these levels, the probability of a bullish move significantly increases. This breakout could pave the way for higher price levels as momentum builds.
💎In the case of retracement before breaking out, a bounce from the support zone could still keep the bullish outlook alive. However, for confirmation and to improve the probability in our favor, a bullish I-CHoCH (Internal Change of Character) at the support zone will be critical.
💎However, If MATICUSDT fails to hold the support zone and instead closes a candle below it, this will invalidate the bullish idea entirely. In this case, it’s best to remain patient and wait for more favorable price action to develop.
🎖 Paradisers, this is the essence of disciplined trading—react to what the market gives you, not what you hope it will do. Whether we see a breakout or retracement, patience and precision will be key to navigating these levels. Remember, the market rewards those who trade with a plan, not emotions. Stay sharp and keep an eye on those crucial zones!
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Trend Analysis
BTC ANALYSIS 16TH NOV 2024🚀 BTC Update - Bullish Trend Intact
📈 Overall Trend: Strongly bullish.
⏳ 1H Analysis: Price has broken the previous high and is now consolidating in a range. Imbalances are visible below.
📊 Current Move:
Price has broken out of the range and is moving to fill the imbalances identified on the 1H and 15M timeframes.
A retracement and rejection from key levels have already occurred, confirming momentum.
💡 Trading Advice:
Take profits strategically.
Avoid greed and focus on proper risk management to protect your capital.
📌 Like & Follow for more updates!
💬 Drop a comment below for analysis on other assets.
INDOBORAX (Indo Borax and Chemicals Ltd)- AnalysisBullish Levels -day closing above 189 (early entry risky) then 204 then 232/262/289 (safe entry if day closing above this) long term targets can be around 1300+ some intermittent targets are marked on chart
Bearish levels :- Day closing below 145 SL for swing trade then 117 strict SL for Long term Investor below this more bearish.
**Consider some Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
BTC | GOLD | MAJOR PAIRS | PRICE ACTION ANALYSIS | 16 NOV |HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
JAGRAN (Jagran Prakashan Ltd)- AnalysisBullish Levels -day closing above 65 (early entry risky) then 80 the 96/113/130 (safe entry if day closing above this) then around 260 long term targets can be around 1000+ some intermittent targets are marked on chart
Bearish levels :- Day closing below 61 SL for swing trade then 45 strict SL for Long term Investor below this more bearish.
**Consider some Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Crudeoil crucial support 16.11.2024We can see 3 doji candle after the fall and again on friday it has signal the downwards
if support is broken then it will continue down journey , also we can see that it has took support several time around this level
Note do not trade on this study trade with advice of your financial consultant
BankNifty Intraday Support & Resistance Levels for 18.11.2024On Thursday, BankNifty opened with a gap down, climbed to a high of 50,561.80, and dipped to a low of 49,939.35. It closed at 50,179.55, gaining 91 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is negative.
For two consecutive days, BankNifty has tested the Daily Demand Zone and held support near the 50,000 mark. As highlighted earlier, if this support holds, we could see bullish momentum targeting 50,725 to 51,000 levels.
Demand/Support Zones
Near Support (Daily): 49,654.65 - 49,959.25 (tested twice)
Far Support: 49,282.65 (61.8% FIBO Level)
Extended Support (Daily): 44,633.85 - 45,750.40
Supply/Resistance Zones
Immediate Resistance (15m): 50,725.35 - 50,852.45
Higher Resistance (30m): 51,586.35 - 51,874.70
Major Resistance (Daily): 51,562.70 - 52,493.95
Nifty Intraday Support & Resistance Levels for 18.11.2024On Thursday, Nifty opened with a gap down, touched a high of 23,675.90, and slipped to a low of 23,484.15. It eventually closed at 23,532.70, losing 26 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) stays negative.
Notably, Nifty has closed inside the Daily Demand Zone for the second consecutive session. As mentioned earlier, if this support holds, we could witness bullish momentum pushing Nifty toward 23,900 - 24,250 levels.
Demand/Support Zones
Near Support (Daily): 23,350 - 23,667.10 (current price within the zone)
Far Support: 23,189.88 (61.8% FIBO Level)
Extended Support (Daily): 22,642.60 - 22,910.15
Supply/Resistance Zones
Immediate Resistance (30m): 23,908.65 - 23,992.50
Higher Resistance (75m): 24,106.90 - 24,242.00
Major Resistance (75m): 24,447.65 - 24,537.60
Extended Resistance (75m): 24,636.75 - 24,741.45
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
SRI KPR Inds cmp 37.04 by Monthly Chart view since listed*SRI KPR Inds cmp 37.04 by Monthly Chart view since listed*
- Support Zone 28 to 31 Price Band
- Weekly Support at 31 > 25 > 20 with Resistance at 41.50 > ATH 48.90
- Multiple Bullish Rounding Bottoms followed by good Volumes based breakout done on the counter
- Stock Price is steady above the Support Zone and traversing well over the EMA 21, 50, 100 200 levels
XRP/USDT 115% up and Still Target is $2 & $5CRYPTOCAP:XRP Breaks $1 After 3 Years: Is $5 Next? 🚀
#XRP Bullish Run in Full Swing
🔹 Ripple hits $1 – a massive achievement, especially after being delisted from the stablecoin list.
🔹 It’s been 1057 days (nearly 3 years) since XRP last touched $1
What's Next? #Ripple shows $5 potential in the current bull market, but consider booking profits above $2 for safety.
🔹 XRP is pumping hard after news of Gary Gensler's possible resignation following a Trump victory.
Performance Update:
🔹 XRP/USDT is up 66% since my breakout post.
🔹 Up 115% from our initial post.
Hope you’re riding the wave and enjoying the gains.
LTCUSDT: Will This Bullish Setup Ignite a Rally or Fade Away?Yello, Paradisers! Are you ready for what’s brewing in LTCUSDT? 👀
💎LTCUSDT is signaling potential bullish momentum, displaying a bullish Change of Character (CHoCH), a Break of Structure (BOS), breakout of resistance trendline, and the formation of an inverse head and shoulders pattern. These are key indicators suggesting a potential upward move that can't be ignored.
💎If LTCUSDT manages to break out of the current resistance zone, it would enhance the likelihood of a continued bullish push, effectively validating the current pattern.
💎However, should we see a retracement, we could anticipate a bounce from the support zone. To improve the probability on our side, looking for a bullish internal CHoCH on lower timeframes will be critical. Additionally, monitoring BTC’s price action will provide added confirmation and insights.
💎If the price breaks down and closes a candle below the support zone, it will invalidate this bullish scenario. In that case, the best course of action is to remain patient and wait for more compelling price action to form.
Trade smart and stay disciplined, Paradisers. Remember, solid analysis and strategy always outshine impulsive decisions. This is how you win in the long game.
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Ganesha Ecosphere - Breakout Setup, Move is ON...#GANECOS trading above Resistance of 1785
Next Resistance is at 2332
Support is at 1363
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BATAINDIA
The stock has witnessed 44% correction from all time high and is now testing support around 1300.
The Monthly RSI is also testing its Oversold Level.
These suggest that the scrip could form a medium term low.
Monthly MACD crossing above its Trigger line and a clearance of highs made around 1770 & 50% FR level would confirm strength.
SASKEN - Base On Base BreakoutThe stock has formed a 126-week rounding bottom pattern, indicating a long-term bullish reversal.
This classic pattern suggests a shift in sentiment from bearish to bullish.
Breakout Confirmation:
The breakout occurred above the major resistance level of ₹1,750, supported by a significant rise in volume, validating the bullish move.
Post-Breakout Consolidation:
After the breakout, the stock consolidated for 38 weeks, forming a base. This indicates accumulation and a healthy continuation of the uptrend.
Support and Resistance:
Support: The ₹1,750 level, which acted as resistance during the pattern, is now a strong support zone.
Targets:
Target 1: ₹2,202.90
Target 2: ₹2,352.95
Target 3: ₹2,575.90
Volume Analysis:
The breakout was accompanied by a spike in volume, signaling institutional participation.
Sustained volume is crucial for further upward movement.
Trend Projection:
The stock is likely to continue its upward trajectory, as shown in the chart’s projected path.
Minor pullbacks may occur, but the overall trend remains bullish as long as support levels hold.
Dishman Carbo Amics cmp 212.53 by Weekly Chart since listed*Dishman Carbo Amics cmp 212.53 by Weekly Chart since listed*
- Resistance Zone 247 to 260 Price Band
- Stock Price well above the EMA 21, 50, 100, 200 with favorable RSI & MACD
- Weekly basis : Support at 181 > 148 > 109 with the Resistance at 247 > 284 > 321
- Falling Resistance Trendline and Resistance Zone needs to be broken for fresh upside momentum to kick in
- Multiple Bullish Rounding Bottoms + Cup and Handle formed with most recent Rounding Bottom in the completion process
- Stock Price closure above Resistance Zone with supportive Volumes increase may provide fresh upside breakout probability
Gold Faces Steady Decline Amid USD Strength and Fed ExpectationsGold closed the week with relatively stable movements, trading around $2,563 with a slight recovery, though the overall trend remains bearish. Despite minimal changes in price, gold stayed near its two-month low as the U.S. dollar continued its strong rally.
The robust performance of the dollar and reduced expectations of aggressive rate cuts by the Federal Reserve have pressured gold, leading to its worst weekly performance in over three years. The precious metal struggled to gain traction amidst these headwinds.
Looking ahead, the gold market could face further challenges. President-elect Donald Trump's proposed tariffs may drive inflation higher, potentially slowing down the Fed's rate-cutting cycle. Rising interest rates make gold less attractive as investors turn to higher-yielding assets, leaving the metal at a disadvantage.
GBPUSD Faces Continued Pressure with Key Support Levels in FocusThe GBPUSD pair remains under bearish pressure as it trades near 1.2616, consolidating within a downward trend. Recent price action highlights a breakout below key support levels, reflecting the dominance of sellers.
Technical indicators such as the EMA 34 and EMA 89 confirm the downtrend, while resistance levels near 1.2664 continue to cap any upward attempts. The recent breakout below the blue support zone signals potential for further downside, with 1.2540 emerging as the next target if bearish momentum persists.
The overall trend suggests a strong influence of USD strength, driven by market expectations and global economic developments. For traders, the area near 1.2650 may provide a retest opportunity, but the broader sentiment remains in favor of sellers until significant bullish signals emerge.