BTC USDT Perpetual is in long base (150+ days). 100k incoming?
Whenever market weakness take it to 50 ema, it bounce back strongly : showing big players buying at so called "dip" And now after budget day shakeout it gapped up showing urgency and accumulating near old BO level. Check vols: Green > Red
-From strong sector -making Higher Highs - Higher Lows (HHs-HLs) -VCP (contraction in price) -Volume Spikes -Long Base -Bounced from 21 ema
-One simple horizontal line setup -Vol kicked in -Good shakeout (200 ema)
-Posted great growth results 🚀 -overall sector strong -Young stock, came out from long base breakout -Tightness on daily n weekly timeframe too. (3WTC) -Good shakeout (50 ema) -Volumes good too
Back to back Inverted Head n Shoulder (IHnS) continuous pattern -Vol kicked in, now drying (good sign: accumulation happening, sellers exhausting) -Good shakeout and recover very fast
Electrosteel Castings (Electcast) -from Strong Sector -Clean setup -Vol kickin in, clearly Grenn vol > Red vol -Signal candle -Good shakeout
Indo Count: -One simple horizontal line setup (80 days consolidation after good move) -Signal Candle (white dot candle when 5%+ move and Vol: 1m+) suggesting institution vol kickin in -tightness after signal candle -Good shakeout (when price go below major ema (here 100 ema) and rally up, kicking out weak players), check what it did last it udercuts) But right...
RIIL is in pretty good setup -recovered fast from 4th june big red candle -signal candle (yellow arrow) >5%+ move with >1M+ vol, suggesting institutions are buying -after vol low period in setup, vol kicking in -tightness
-In a very long base, last time it breakout long base gave 80% move in just 20 days. (always read history of stock how it move, how to form base, how it react to moving averages, how volumes come etc etc) -from strong sector (sector is always imp as strong sector's stocks move faster) -Good shakeout and Fake-out also there means kicking weak players by hunting...
-Posted great results, PAT 108% up YoY -In long base -Tightness near breakout zone -Volumes kicking in -Recovered fast from 4th june carnage
HBL power from strong sector, -gave signal when gap up with vol n consolidating good there -DTL BO anticipation (DownTrendline Breakout) -Volatility Contraction in price -Tightness
CNX Metal tested major resistance, if it breaks it then Metal stocks can see good moves. Recovered fully from 4th June carnage candle. As simple as that.
-One Simple Horizontal Line setup -Setting up well with volume, Signal Candle (more than 5% move with more than 1M vol) suggesting institution buying -Volumes kicking in -Tightness
-One simple horizontal line setup -Volume kicking in -Strong Sector -Iron n Steel (Metals) -Signal candle (white dot, when more than 5% move with more than 1M volumes) suggesting big players are buying
LICI is consolidating for almost 130 days (Good period of consolidation) after giving 100% move in 80 days. -In DTL, BO anticipation if retest again. -Good shakeouts -1003 good support (AVWAP from ATH)
Radico Khaitan, a major alcohol manufacturer in a very long base(~200 days) Long base = Big Breakout (check recent example Gravita India) -Kind of Inverted Head n Shoulder too -Good shakeout of 200 dema too -Recovered fast from 4th june fall with good vol and price action.
Monet management related stocks performing good. -yesterday gave wick, hunt down many stoplosses -came out from long base -good shakeout (50 ema)