[WIF/USD] Channel breakoutCRYPTO:WIFUSD breaking out the channel on daily timeframe. Now retesting the support.
Cherio...
Breakout
State Bank of India (SBI) – Bullish Reversal Setup State Bank of India (SBI) – Bullish Reversal Setup with Inverse Head and Shoulders Pattern
SBI is currently forming a classic Inverse Head and Shoulders pattern on the daily chart, a strong indication of a potential bullish reversal. The neckline, located at ₹826.45 , is the critical level to watch. A successful breakout above this level could trigger upward movement towards ₹880 and ₹911 , with volume confirmation needed to validate the move.
Technical Highlights :
Inverse Head and Shoulders Pattern: The formation of this pattern suggests a trend reversal from bearish to bullish. The price is consolidating just below the neckline at ₹826. A close above this could indicate further strength.
Support and Resistance: Immediate resistance is at ₹826.45 , followed by targets at ₹880 and ₹911 . On the downside, the stock finds support at ₹790 and ₹762 , which could act as stop-loss zones.
Volume Profile : High activity in the ₹790 - ₹826 range signals strong buying interest. A breakout above this range could push the stock into the next major volume zone around ₹880 .
Moving Averages: The stock is trading above its 20-day, 50-day, and 100-day moving averages , confirming a bullish bias in the near term.
RSI (Relative Strength Index) : RSI is neutral around 50, signaling consolidation. A push above 60 would confirm bullish momentum in line with a potential breakout.
Outlook:
Bullish Scenario : A breakout above ₹826 could open the door for a move toward ₹880 and ₹911. Traders should look for volume confirmation to ensure the breakout's sustainability.
Bearish Scenario: Failure to break above ₹826 could lead to a pullback toward support at ₹790, with ₹762 being the next key level on the downside.
SBI appears poised for a breakout, making it an attractive opportunity for traders looking for a bullish reversal setup.
BANANA/USDT: READY FOR A 80-90% UPSIDE MOVE!!Hey everyone!
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BANANA looks good here. It breaks out from the symmetrical triangle and also did a successful retest. Long some now and add more in the dip.
Entry range:- $42-$46
Targets:- $53/$60/$68/$81
SL:- $39.5
Lev:- 2x-4x
What are your thoughts on BANANA's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Apple Breakout!!! Alert1. Apple has always had poor sales in comparison to other devices...But who cares? Everybody to your left and right owns an iPhone.
2. Apple's AI is not 100% priced into the stock right now. Therefore, the drop is currently a discount.
3. Android OS already is lagging behind Apple.
Bitcoin’s Ready for Liftoff!!!Everybody´s on disbelief.... Its DO or DIE today.
There is a bullish time at mode trend about to confirm on today´s daily close.
If we close the daily charts above $64,850 we´ll be in for a ride.
Targets of $67,150 and $69,950 will be in the scope.
Moon wen? fingers crossed....
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
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JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here.
Entry Range: Current Market Price (CMP) and add more up to $0.72
Targets: $1.04 / $1.32 / $1.68 / $1.96
Stop Loss: $0.59
What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BITCOIN - FAKE BREAKOUTHello Traders !
The Bitcoin price failed to break the resistance level (63412 - 65050).
Currently, The price broke the Higher low (62340.00 - 62653.00).
So, I expect a bearish move📉
_____________
TARGET: 58260.00🎯
ALT M.CAP: JUST DID A RETEST! HODL YOUR ALTCOIN BAG!!Hey everyone!
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What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Bitcoin can rebound up from support line, exiting from channelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago rebounded from the support line and broke the support level, which is located inside the buyer zone (59600 - 59200). After this, the price rose a little more and then made a correction to the buyer zone, after which made a strong upward impulse. Then BTC started to grow inside the upward channel, where it later almost reached the 64400 level, but soon turned around and corrected almost to support line of the channel. Next, the price rose to the 64400 level, but at once turned around and fell below, after which repeated movement to this level again and even entered the support area. Soon, however, BTC turned around and made a correction to the channel's support line, which coincided with the general support line and bounced up, thereby breaking the 64400 level. After this movement, the price made a retest and continued to move up, until it reached the resistance line of the channel. And then price turned around and started to decline. So, I think that BTC can decline to the general support line and then rebound up, thereby exiting from the channel. After this, the price made a retest and continues to move up, therefore I set two TP, first at the 66800 points and second at the 69000 points. Please share this idea with your friends and click Boost 🚀
REEF/USDT: LONG SCALP SETUP!!Hey everyone!
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REEF looks good here. Breaks out from the bull flag like structure and currently, retesting the flag. Long some here and add more in the dip.
Entry range:- $0.0051-$0.0053
Targets:- $0.0058/$0.0064/$0.0069/$0.0073
SL:- $0.00482
Lev:- 5x
What are your thoughts on REEF's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Gold eyes 2700 with potential bull-flag breakoutGold futures look set to have another crack at 2700 over the near-term, given the strong rebound from the 2650 area on Tuesday and the tight bull-flag pattern developing on the intraday chart. Whether it can simply break to a new high is likely down to whether tensions in the Middle East escalate further.
AUD_NZD BULLISH BREAKOUT|LONG|
✅AUD_NZD is trading in an
Uptrend and the pair just
Broke the key horizontal
Level of 1.0940 so we are
Bullish biased and we will
Be expecting a further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
History repeats?This has been by far my favorite company to trade this year, it has given me great returns.
Look at the consolidation inside the blue rectangle, and what price did after it broke.
And it looks like it is about to do it again.
This is simple, be patient for an entry above the rectangle breakout at $580 with target at $600
EURO - Price can break resistance level and then exit of pennantHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to pennant, where it at once declined to support line and made upward impulse.
Price broke $1.1080 level and then made a retest and then continued to move up, but later made correction.
Next, EUR made upward impulse to $1.1180 level but then turned around and declined to support line of pennant.
Later it made upward impulse to resistance line of pennant but soon fell below $1.1180 resistance level.
But a not long time ago it rose to resistance line of pennant again and recently fell back and now it is trying to rise.
In my mind, EUR can little decline and then bounce up to $1.1225, breaking resistance level and exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
[Platinum] Something is brewingWeekly CAPITALCOM:PLATINUM chart: breakout attempt is in progress.
Last breakout in May was unsuccessful, the candle was peeking above the trendline, but dive again the following week. Would we see different result now ? possible as the EMAs are positive and MACD is positive as well.
IOST ANALYSIS🔮 #IOST Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #IOST. It's a daily time frame breakout and it's a retesting time. After the retest we would see a perfect bullish movement📈
💸Current Price -- $0.00545
📈Target Price -- $0.00965
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#IOST #Cryptocurrency #Breakout #DYOR
$USDT.D Trying to BreakoutAll eyes on CRYPTOCAP:USDT Dominance
USDT.D is once again testing the lower range of its 217 day parallel channel.
When it breaks this, we enter the banana zone.
EURNZD - BEARISH MOVEHello Traders !
The EURNZD failed to create a new higher high.
The Support level (1.77500 - 1.76786) is broken !
So, I predict a bearish move📉
______________
TARGET: 1.74810🎯
NATGAS - DOUBLE BOTTOMHello Traders !
The NATGAS price formed a double bottom pattern
Currently, The neckline is broken !
The resistance line was also broken !
So, I expect a bullish move 🚀
_________________
TARGET: 2.655🎯
HelenP. I Euro can rise higher than resistance level, breaks itHi folks today I'm prepared for you Euro analytics. Some days ago price declined to the trend line, but soon it turned around and started to grow. It quickly rose to the support level, which coincided with the support zone, and broke it. After this, EUR rose a little and then made a correction to the support zone, after which continued to move up to 1.1145 points, and then started to decline. In a short time, the price fell to the 1.1080 support level and at once rebounded up to the resistance level, which coincided with the resistance zone and some time traded near. After this movement, EUR turned around and dropped to the trend line, after which quickly backed up. Also, the price broke the 1.1180 level but soon fell below, making a fake breakout. Price tried to break the resistance level again, but failed and recently dropped to the trend line. Now, EURUSD rising to a resistance level again, for this reason, I expect that the price can reach this level and then make a small correction movement. After this, Euro will break the resistance level and continue to move up, that's why i set my goal at 1.1220 points. If you like my analytics you may support me with your like/comment ❤️
SILVER Bearish Bias! Sell!
Hello,Traders!
SILVER has formed a local
Head and shoulders pattern
The broke the key horizontal
Level of 31.69$ so we are
Bearish biased and we will
Be expecting a further
Move down
Sell!
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Check out other forecasts below too!
[XRP/USD] XRP try to breakout multi-year downtrend lineThis one is weekly chart of CRYPTO:XRPUSD . Look at how the price start to peeking above the downtrend line, a multi-year downtrend line since 2021.
Looking for a breakout on DE! 🔉Sound on!🔉
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