We can see the Godrej Consumer Pr is making ASCENDING TRIANGLE PATTERN in daily timeframe. We know ASCENDING TRIANGLE PATTERN is bullish pattern so i am avoiding to take sell side position. This is my personal reason to take only Long side trade if price breakes and closes above 986.30 level. The stock is in consolidation zone about 16 months. So as per my...
APT has a token unlock fast approaching, 0.45% of the total supply (4.5m APT) is to be unlocked at 0.5:30 UTC on 12th June 2023.
Here are my thoughts going into this event, how I feel the market will react as well as key areas to look out for.
Firstly looking back to the latest APT token unlock back in January. We saw initial sell side pressure as new tokens...
📝 In this educational technical analysis, I would like to discuss BALKRISIND. Understanding key technical terms and patterns, such as pennants and ascending triangles, can help new traders identify potential trade setups. Remember, I am not a SEBI registered analyst, and this analysis is solely for educational purposes.
BALKRISIND experienced a bull run from...
Cardano (ADA) is currently in a WXY (double zig-zag) in primary 2 which looks to take the price down to dangerous lows. The WXY is comprised of a zig-zag, expanded flat, and a zig-zag. The 1.618 extension of W gives us a price target of 0.02036 while the trend-based fibonnaci extension of AB in Y gives us price targets of 61.8 at 0.68USD 100.00 at 0.33USD, and...
The XRPUSDT is in a Bullish phase by Ascending Triangle.
🌟 Bullish signals are:
- Pivot Yearly
- Ascending Triangle
❗ and the Upward signals of market momentum are:
- Divergence in MACD
- moving Ema 200
❗ Note if the Triangle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed.
✅If this post was useful for you, like...
Company: Beta Finance
Ticker: BETA
Exchange: Binance
Sector: Cryptocurrency
Introduction:
Today's technical analysis will be focusing on BETA/USDT trading pair on Binance exchange. Despite being a relatively new coin, an exciting pattern has developed on its weekly chart that may imply a change in the prevailing downtrend.
Ascending Triangle Pattern:
The...
Company: Turkiye Garanti Bankasi
Ticker: GARAN
Exchange: BIST
Sector: Financials
Introduction:
Welcome to our daily technical analysis, focusing today on Turkiye Garanti Bankasi (GARAN), a leading player in the Financials sector, listed on the BIST.
Ascending Triangle Pattern:
This Ascending Triangle pattern forms during an uptrend and is viewed as a...
Company: Ripple
Ticker: XRP
Exchange: Binance
Sector: Cryptocurrency
Introduction:
Welcome to today's technical analysis. Our focus is on Ripple (XRP), a prominent cryptocurrency, traded on the Binance exchange. The weekly chart is currently showing an Ascending Triangle pattern, suggesting a possible bullish trend in the offing. (XRP/USDT)
Ascending...
Company: Lowe's Companies, Inc.
Ticker: LOW
Exchange: New York Stock Exchange (NYSE)
Sector: Consumer Discretionary
Introduction:
In today's technical analysis, we're focusing on Lowe's Companies, Inc. (LOW), a prominent player in the Consumer Discretionary sector listed on the New York Stock Exchange. Lowe's weekly chart is currently showcasing an Ascending...
A pattern has formed on the USDINR chart with a flat resistance top at around 83 and a rising trendline with gradually higher supports. It could be identified as an ascending triangle pattern.
A breakout in either direction could increase momentum and open up a range of about 3 rupees.
Keep watch.
Exchange: Binance
Project: Lido DAO
Ticker: LDO
Sector: Cryptocurrency
Introduction:
Today, we will be conducting a technical analysis of the Lido DAO/USDT on the Binance exchange on a weekly scale chart. This analysis is particularly intriguing as the pattern formation we're observing typically occurs during reversal or continuation stages in a more mature...
🌟The USDJPY is in a Bullish phase by reaching a PRZ zone
🌟 Bullish signals are:
- Bullish Cup & Handle
- Dynamic Support zone
- Pivot R1 weekly
- Ascending Triangle
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles from bottom Of the PRZ zone , this analysis of ours will be failed.
⏮️Previous Analysis⏮️
✅If this post was useful for...
Company: Adobe Inc.
Ticker: ADBE
Exchange: NASDAQ
Sector: Technology
Introduction:
Thank you for joining me for today's technical analysis. We will be examining Adobe Inc. (ADBE), a leading company in the Technology sector, listed on the NASDAQ. Our focus is on an Ascending Triangle pattern that has been developing on the weekly chart.
Ascending Triangle...
- Ascending triangle; looking for breakout above resistance level 102.95
- In line with overall bullish trend
- Strong rejection at support zones
- Indicators showing potential for bullish movement
Company: Iron Mountain Incorporated (Delaware)
Ticker: IRM
Exchange: NYSE
Sector: Real Estate
Introduction:
Hello, and welcome to today's technical analysis. We are diving into the weekly chart of Iron Mountain Incorporated (IRM), a Real Estate company traded on the NYSE.
Analysis:
Taking a look at Iron Mountain's price movement, we can observe a series of...
When we zoom out on the higher time frames, we can see that the pair is in a strong downtrend
despite the bullish correction in the daily time frame which lasted a few days.
We have listed various reasons which support our bearish basis.
1: Monthly time frame trend suggests a strong downtrend.
2:Price failed to break the lower high formed on the 4th of April...
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup.
So today BNF Opened gap up and unable to sustain the gap again as happening from last week and keep in consolidation. From price action this is forming a ascending triangle and price is moving in wave as plotted in chart. Today BNF Took Support...
