Support Resistance zone Breakout with Volume
Here it is clearly shown that there is horizontal Trend line zone area, where the price got couple of times resistance and same area it got support also and now recently price had given good breakout (with good intensity of volume) of that same level now, trend indicator macd in multi time frame is also suggesting positive along with rsi strength in multi time frame positive, we can expect the price could start the rally towards previous all time high.
Weekly macd is positive crossover and Uptick and also above zero line
Daily macd is positive crossover and Uptick and also above zero line
Weekly RSI is Uptick and also above 60
Daily RSI is Uptick and also above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Weekly macd is positive crossover and Uptick and also above zero line
Daily macd is positive crossover and Uptick and also above zero line
Weekly RSI is Uptick and also above 60
Daily RSI is Uptick and also above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.