We expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
This stock When it sustain 390 level above it will touch life time High level so participate in rally by adding small small portion My Target 500+ No recommendation for buy and sell Take own analysis or SEBI registration advice No responsibility from my side for profit or loss I'm not recommending to participate in rally just education purpose
1. Trend - Turned bullish with this week breakout 2. Breakout - Strong 3. Strength - Very strong with 37% move in a week 4. Entry is volatile, if price come for a retest. 5. Keep in radar if on daily a fresh breakout comes, after a range formation of 7 days to 10 days minimum.
1. Trend - Bullish 2. Breakout - Strong 3. Strength - Strong
Let's begin analysis Today stock SHALBY Ltd •This stock was listed in DECEMBER 2017 but stock at 210 level work for that time as support but 2018 March this support break down 40 level it's 400+% down from High level. •after 400% down stock trying hit and breakout 210 level in August 2021 but it work as resistance. •stock come upto 100 leve from resistance level...
DOTUSDT is currently in an accumulation phase, as the market is consolidating below the key level of $7 on a weekly basis. During this phase, the price has been printing Higher Highs and Higher Lows, which indicates that buyers have been gradually gaining strength over sellers. An accumulation phase is typically characterized by a period of sideways movement in...
Placed my buy order in this stock. As you've seen the price has broken the consolidation rectangle to the upside. So let's see how this plays out ...
MKRUSDT recently experienced a false breakout from the daily resistance level, which is a key level that often represents a point of strong supply and demand. When the price breaks through this level, it can indicate a significant shift in market sentiment and a potential change in trend direction. However, in this case, the breakout turned out to be false and...
After an amazing profit, the price is testing the monthly support on 6.7$ on the 4h timeframe the market creates the falling wedge below the 4h resistance. How to approach it? IF the price is going to have a breakout from the falling wedge and daily resistance on 8$, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple...
US30 - Waiting to see what price does, currently in a PRZ but looking like it's going to break that level and head up to the next supply zone, SPX looking bullish too (Failed to break the previous low), let's see, waiting for confirmations, ideally looking for sells today after the HTF BOS yesterday, if price breaks down and we get failed lows/breaks up rejects...
The price created a triple bottom on the daily support on 159% as you can see on the upper chart. On the 4h timeframe the price bounced exactly on the 0.886 Fibonacci level and dynamic support. The price got liquidity and had a breakout from the descending Channel. Now the price is testing the weekly resistance as new support How to approach? The price needs to...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Educational Idea Looking good Buying zone and SL given in chart with cup and handle pattern
TPX made a base over base and broke out! Fundamentally, it's earnings and sales have been growing more than 30% quarter over quarter and is expected to continue growing. Technically, it's been in a range since March 2021. After the earnings report in July it broke out of the range and started consolidating above the previous range creating a base over base...
XPO broke out of consolidation that dates back to June of 2021 and is making new all time highs. It's a good company that moves with the general market and is expected to do even better in the coming year. It recently broke the resistance range between $88 and $89.30 and has retested the upper bound as support. The next measured objective is $99.40 to $100.
YFIUSDT is testing the weekly support and now is trying to have a breakout from the descending channel. IF the price will have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
IOTXUSDT bounced on weekly support and the price created a W. At the moment the price is testing the daily resistance. IF the price will have a breakout from it, and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
BCHUSDT is testing the 4h resistance inside an ascending channel. IF the price will have a breakout upward, we could apply our strategies in order to open a new long position, otherwise, if the price will lose the weekly support, We can see a new bearish scenario. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the...