Hello Traders!
SFPUSDT is very bullish from last 2 days and I am expecting more upside in this pair as it formed a triangle pattern and broke it.
Don't forget to hit the like button
Break out of the level 4200 with retest will lead min 4400
SL 4050
probably high chance of downside, it looks like a distribution phase However wait for the confirmation
breakdown of the level 4100 with retest will lead min 4000
Target 3700
Looking at BTC on Feb 14th looks like we could see a possible breakout here soon or a bigger pullback in order to bounce back up to around the 51-52k mark.
Reliance is expected to give a good upside move from here.
Accumulation and Narrow price range depicts a good move in the stock. As per the momentum, it is looking to explode to the mentioned levels.
If gives break out of this channel then 2080+ and 2180+ target will be open in the long term.
This Is purely on an educational basis, No Buy/Sell call given....
we see very good rejection with long shadow from lower Ascending channel
and also strong weekly support at the same time, before the touch of channel
we have had many rejections from key level which make it more stronger.
after the powerful rejection, we see a green shouting star and then good
momentum with great engulfing candle as you see. with all of this signs...
bel price made good close above daily resistance and made really good S/R flip
now breaking above 3 hour resistance zone.
Long : 1.0 - 1.04 Small position
Stop : 0.92
Target : 5% to 30%
Please stay cautious from retests
the price may come down to restest the levels and can resume going up after that
so don't buy blindly
if the market stays positive then only go long
A) 1, 3, 4, Reacts as a sign of Good up movement/ uptrend
( reverse of Rs.179.00 will be a good take off for the
breakout of Rs. 199.00 and the target will be around 220 for shorterm)
B)No. 2, 3a reacts as a continuous downtrend
(if the above fails the price will react at Rs.170 then it will expected
to go down or otherwise it will confirm the next...
