KOTAK MAHINDRA 1D Chart Analysis Showing great resistance/sellers area between 1800-1830. A strong support line is also identified. ✅ Must wait for breakout with a candle closing above resistance area with high volumes. ✅ Target somewhere around 2020. 🚨 Just my analysis, Not a tip
Important things to note: ADA has created a rather nice basing pattern Has 2 higher highs, 1 proper retracement 1 more proper retracement will signal reversal Price has broken through its resistance at 2.57 BTC has made bullish price decision Important Dates to Take Note of: ADA Alonzo (smart contracts) go live Sep 12 2021 ADA Summit Sep 25-26 2021 So, things...
We are just coming to the end of a consolidation whilst arguably still under a key support although not enough to confirm the direction of the exit to this consolidation triangle. It is impossible to say right now which way its going to go given the general disarray with BTC rn. We have low liquidity zones above and below this point also so its either going...
BNL had a pull back mid June and has since recovered to make new all time highs. Since breaking out it has been consolidating right above resistance hence making it a new support level. * New company * Steady up trend * Pays generous dividends * Broke above pull back with relatively higher volume (7.28%) * Creating new support level from the broken resistance *...
Important things to note: ADA has created Symmetrical Triangle (Bear Pennant) Price will need to make a decision (Break to upside or downside of triangle) BTC looks terrible right now on all timeframes Supports are noted on the chart (2.39 and 2.2) You will need to see the price break 2.58 to signal possible short term reversal Best we can hope for is a basing...
TSM have been consolidating in the rectangle since March with several attempts to break the $125 resistance. But with US market looks very likely for correction will TSM finally be able to break the $125 resistance? Let's find out soon
* Relatively young * Steady up trend * Strong earnings * Breaking out of a 4 month consolidation * Breaking out with higher than average volume Trade Idea: * This is a great time to buy PPD as it's still close to the broken resistance and its 10EMA
* Strong earnings quarter over quarter * Strong up trend since inception * Consolidated for a month after a move higher * Retested the broken level as support with higher volume than average Trade Idea: * This would be a great time to enter a trade * Or if you're looking for a discount, you can look for buying opportunities around the $61.70 area
* Relatively stable earnings * Strong up trend since November 2020 * Breaking out of a 5 month consolidation * Breaking out with higher than average volume Trade idea: * $260.37 should hold as support so you can look for buying opportunities there * Or if you're not looking for a discount, you can jump in now and ride the next leg higher. Be sure to place some...
Looks like we are forming again on 1-4H falling wedge and double bottom under big resistance. I remember last time like this we were in 2020 december before big pump. I think we can see something similar in Q4 2021
1 minute ago XRP followed the rest of the alts for a correction. Now, against the background of overheating of the market, XRP was growing 10% and touched the support level at 1.26 and immediately went up, I expect a long, with a slight drawdown for retesting the level of 1.26. Do you agree?) Your Solldy.
BTC, now it is not clear how far we will be pulled down, but if we break through the local support level at 50300, then we go down by $ 49000 to the lower border of the channel, and from there we can consider long. Do you agree?) Your Solldy.
Clear consolidation over the past 4-5 months even after the merger, decent spread between support and resistance as well. Putting some money to trade the range.
Important things to note: Price has tested main support Price has tested 200MA Basing pattern may form, watch for handle BTC's movement upward to 55k is allowing ADA to consolidate at support If new high is created we will have perfect ascending wedge New trendline created with lowered slope My upside target is 3.16-3.24 (profit taking) My downside target is...
BTC/USDT -As long we are Holding on to this current level of BTCUSDT the consolidation are still holding strong -At the recent price correction of 60k in April) BTCUSDT has continue to trade extremely high. -Despite the short down retest the market has been able to accumulate consistently with maximum support. -If these continue with 2% increment 2 hr chart we...
ETH is in consolidation today, when the level is broken, we will most likely go to the next support level, but if we start from this level, and such a scenario is more likely, then we will fly to 4200! Do you agree?) Your Solldy.
Important things to note: BTC closed above 51K, likely to test 55k next. ADA tested main trendline twice and produced long wicks Started moving back up into a basing pattern (happens prior to price move) Short term target 3.16-3.24 Volume filling Pullback overdue, ADA shows oversold on weekly. ADA price sitting right above main trendline Important Dates to Take...
NSE:SUNPHARMA is in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon. Besides that, below are the additional confirmations that makes it bullish for short term. 1) All the EMAs are stacked up 2) It bounced off of 21 EMA and now it's consolidating at the resistance level which it created a month ago.