NSE:RELIANCE did a breakout recently and made all time high. Looking at hourly timeframe it looks like it's consolidating and forming a bullish flag pattern. Volume is also contracting while the price is consolidating. There's a gap to be filled from 2395 to 2412. It had a chance to fill it on 8th september but the price reversed from 2406. It would be...
NSE:IIFLWAM is in a ttm squeeze with increasing momentum which indicates that a big move up can happen anytime soon. I am bullish because of the following reasons: 1) It's at all time high and currently standing at the major resistance level which it tested recently. 2) Current candle is very bullish and has a good volume compared to previous candle. 3) The...
Stock gave huge breakout with decent volume on buy side. My prediction will be touch 3340 mark.you can take long entry from here.
* Strong earnings quarter over quarter * Strong up trend * Pays out dividends with a Payout ratio of 24.30% which means the company has a lot more room for growth * Broke of a 4 month consolidation out with higher than average volume (19.09%) * Making a new all-time-high * Probable ROI of 17.19% if the trade plays out in our favor Trade idea: * $200.75 is...
Tomorrow is Weekly Expiry So Trade Wisely Next week Strikes are advised 1 Gap Up- Wait till previous day close if its moving upwards then take CE till 17430 if it goes beyond trail SL 2. Flat Opening- If it slowly goes to 17400 and crosses with great volume then CE 3. Gap down opening is avoided till 17250 if it breaks 17250 and going down then PE with strict...
Hi dear traders, As you can see my last analyzes on BTC I emphasized that Bitcoin must have a correction up to 42K area. Now I expect a little range and LOW SCOPE falls and then ALL TIME HIGH(ATH). I hope you have sold your altcoins before this fall. Your Likes and Comments are the best Thank you!
Monday ^th Sep Nifty prediction 1: Gapup- If it Opens above 17400 wait for price action to form Taget is very near so risk would be higher wait till support line if it moves upward after confirmation of 15 min candle with huge volume then take CE 2:Flat opening- If it opens Flat ...there is a trendline it should act as a support if it takes then CE above 17340...
Intro: - KuCoin evolves into one of the big competitors of Binance, FTX and Coinbase. - Often times Coins are listed earlier on KuCoin than on other major trading plattforms. - The current marketcap is around 1 billion which is much smaller than the marketcap of the main competitors. - It takes some time to create such ideas and drawings. You are welcome to pay me...
Ethereum is going bananas. There's not much resistance at these levels but the strength indicators are getting very very heated. A retest of roughly $4,400 is likely underway and there maybe some resistance we'll see. We still need to break past $4,000 first. If we break past $4,000 and run past $4,400 we will enter a new price discovery phase for Ethereum. Still...
Two days ago I made an analysis on Ethereum where I argued that the earlier mentioned channel break out would lead to a strong bullish move in the near future. Both targets at $3600 and $3800 were reached very quickly and are now functioning as support. With ETH not showing any signs of stopping soon, there's a big chance we're going to see a new all time high...
Unique structure and indicator patterns. Haven't been able to find much for backtesting it against prior cycles. Found similar patterns. One was in a downtrend of 2017, and the other was in an uptrend as seen in this chart. Since we're currently in an uptrend. I would argue that we'll follow suit. Considering that we've followed 2013 and 2017 July/August...
So, lets talk about what we see from this chart first. We can see that once a 2nd new higher high was made, ADA ran to test the all time high and broke a serious psychological resistance level at 3.0. This test was successful which created quite a nice flagpole, and has prompted ADA to consolidate in a normal flagging pattern. This flag pattern signals...
Hello Padawans, This is a small analysis, I tried to figure out some patterns, I think BTC will reach $60000 before November ends. Let's see what will happen in cryptoverse. Cheers guys. May the force be with you.
Market is in Buy on dip mode only one Hurdle 17000 17000 Is a Psycological Resistance. 1.If Market opens Flat then it will slowly go to 17000 level . If it Gets Rejection then and then only PE position Otherwise Buy on dip 16880 now Becomes new support if market comes to this level possible reversal will be there 2. If market stays above 17000 for atleast 1 hr...
Knew it could happen New ATH This has the potential to run up so much more. Still a great time to enter in my opinion!
Here is a small recap on what I have been seeing in regards to ADA. The last major move was ADA's premature run on the all time high. This brought a bit of punishment which forced ADA back into an area of consolidation (see the punishment begins chart for the consolidation area). ADA then formed a large cup and while forming the handle, the pattern broke to the...
I have to make this post fairly quick because I have a long day ahead of me. The gist of it is, ADA has formed a cup (albeit an ugly one but still valid) and has started to form a handle. I am guessing this will be the catalyst for the push past the 3.00 mark into new high territory. If the pattern completes, we have a target of 3.37. If the pattern breaks, it...
Nvidia broke out to ATHs and I was able to profit off the move thanks to Elliott Waves! Elliott Waves are a great form of technical analysis to identify when the price is beginning an uptrend (Impulsive), as well as when finishing a corrective phase.