💎GRT has recently broken out of a descending channel by forming a W pattern and has exhibited signs of a CHoCH and a BOS towards a bullish market structure. These factors increase the probability of a bullish move. 💎Currently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the...
A Bottom Triangle/wedge shows two converging trendlines as prices reach lower highs and higher lows. The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend. There is divergence seen Price vs RSI and Price Vs MACD . PLEASE NOTE THAT: This chart...
Devyani International Looks Attractive Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs debt free, Discounted.. Technicals : Taken Strong Support in rising Wedge.. Good RR... Resistance 1: 180 Resistance 2: 200 Resistance 3: 220+ Support Zone : 140-125
As we examine the JUP/USDT pair on the 4-hour chart, we can observe a compelling setup for a long position. The formation of a falling wedge pattern, typically a bullish reversal signal, suggests a potential upward movement once a breakout occurs. Adding to this bullish perspective is the RSI Divergence Indicator, which displays signs of a bullish divergence; the...
💎 EOS has recently broken out of the descending channels and formed an inverse head and shoulders pattern, which typically indicates a bullish reversal. Additionally, there has been a noticeable change of character (CHoCH) in the price action, suggesting a shift from a bearish to a bullish structure. 💎To confirm the bullish trend, it is essential for the price to...
As we discussed NIFTY for today, it ended sideways. Now, if we look at the chart data: The market has already given a breakout as it expired today. It ended sideways to the upside while facing resistance at 21950. The market will be sideways in the range of 21800-21950. EMA has given bullish-crossover EMA(50,200). Which shows the market is in a good...
Jubilant Food is making falling channel. Stock around the support of channel There are multiple support which is around 450 Strong support is around 350-410 level. After breakout prices are correcting. But we can make a huge position because it's multi year breakout We can clearly see prices halt there. Now from hereon we can see 650 levels and 800...
✅ Price break Falling Wedge Pattern on 1hr.TF but look for price to retest and then look for long trade with small stop loss. ✅ On retest look for strong reversal.
RS Software CMP 43 Buy for Target 52- 61- 70- 85- 95- 115-125+ Add more if Get @ 30-36 range SL below 20 Holding period 2-3 Years
💎 APT is currently testing the resistance trendline of a descending channel. Additionally, a closer look at the candles reveals that red candles are larger than green ones, suggesting a higher likelihood of a bearish trend. 💎The price is also indicating CHoCH, and it's currently at the bearish OB, coinciding with the Fibonacci 0.618 level and the resistance...
💎 APE has broken out of a descending channel and is also displaying signs of CHoCH in the price, indicating a potential bullish move from here or after a pullback from the Bullish OB zone. 💎If APEUSDT breaks out directly from its current position, we can anticipate targets until the next resistance zone. Alternatively, if APE experiences a pullback from its...
💎 SNX has broken out of the resistance zone, which is now acting as support. Additionally, it has broken out of a falling wedge pattern and formed a W pattern in the support zone, increasing the likelihood of a bullish trend. 💎 Moreover, the price has exhibited a CHoCH (Change of Character) or a breakout of the previous swing, indicating a bullish trend. Given...
💎 SHIB has broken out of a falling wedge pattern and is currently forming a W pattern on the demand level. There is also a possibility of a further retracement back to the demand area to gather more support. 💎For confirmation of the bullish reversal W pattern, we would need to see a candle closing above the resistance level of 948. This would validate the...
Jubilant Food is making falling wedge and now given the breakout. After breakout prices are correcting. But we can make a huge position because it's multi year breakout We can clearly see prices halt there. Now from hereon we can see 650 levels and 800 levels in months to come !! Buy on Dips !!
Buy on CMP - 1385 Sloplose - Weekly closing below 1350 Target 1- 1610 Target 2- 1900
The most simple price action based view on BTCUSDT
💎 XRP has rebounded from the demand area and is currently attempting to break out of the descending channel, which suggests a potential bullish scenario. To increase confidence in this upward movement, we need to see significant bullish candles. 💎For confirmation, we're looking for a candle closing above the small resistance level of 0.5411. A breach of this...
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Rising Channel 📌 Symbol/Asset: SBIN 🔍 Description: Stock is in Rising channel. and now Stock is around the resistance of the rising channel. We can see downside of 18-20% if 730 levels are intact !! Huge shorting opportunity !! 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.