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Bullishmomentum

SasanSeifi| Moving Towards New Targets!Hey there, ✌ As seen in the KUCOIN:UNIUSDT chart, the price has shown a partial rise from the $6 area. After breaking structure around the $8.50 level, it climbed to $10. Currently, after a minor pullback, the price has reacted positively from the FVG zone near $8 and is trading around $9.50. The general outlook leans bullish, and it's expected that the price could see significant growth from the $9 range to targets of $12–$14 in the mid-term. The important support is between $8 and $7.50. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
Nifty 50 - Short-Term Relief Rally in Progress?Analysis: Nifty 50 seems to be showing signs of recovery after a correction phase, with a potential inverse Head and Shoulders pattern indicating a bullish reversal. The neckline near the 23,700 level appears crucial, and a sustained breakout above this level could drive the index towards 24,042 and 24,461 in the coming weeks. Key support levels to watch are 23,327 and 22,755 , as they represent areas where buyers might step in. Meanwhile, the RSI indicates that the index might be exiting the oversold zone, adding weight to the recovery thesis. A zig-zag consolidation can be expected before a sharp move higher, as shown by the projected trajectory. A breach of 24,816 could signal a strong rally toward 25,600 and beyond .
NSE:NIFTYLong
by AngshumanSaikia
DOGEUSD looks overextended from big-rises. Sell or buy Dip If you follow the stochastic's at all, esp. on higher timeframes, if you don't well that is fine, but I will share my tip, you never want to see K line (generally blue) crossing down on the D line if you are in a Long position, but an even further bearish possible move is when the K-line crosses down on the 80 Stochastic's level. Now the fundamentals of the indicator are similar to the Relative Strength Index (RSI), anything above 80 and staying above 80 will become further overbought in a situation where there has been too much recent buying demand orders executed and as such sellers will usually move-in, but traditionally not until k Crosses-down on 80, getting to 75 will probably seal the deal short for sellers as this crossing of K needs to be a sustained crossing and needs to be moving down, this would occur much slower on a daily timeframe of course. Drop to lower timeframes and see what the oversold/overbought condition is for Stochastic's on lower TF's because the more confluence you have with the Daily the better. It does not necessarily have to be on the Daily, but bigger timeframes carry bigger profits, generally, depending on SL position and risk/reward. Often, the first TF to meet the setup will be a lower TF, but profits can be made on a Crossing of the Daily chart, it would mean the trade is probably safer in higher TF, by that I mean trade goes your way in your intended direction, in this instance Short. But here is the controversy of Stochastic X-ups (bullish above 20 level) & X-downs (bearish on a break of 80 lower), they are not very reliable when you are going against the trend. For example, the DOGEUSD crypto has had a massive run lately since bitcoin reached around 75k, despite being at a great price, I believe, its price is overextended and considerably above the 200ema daily, so it becomes a sort of mean reversion situation where sellers form an idea from Stochastic's RSI Price action etc, that it's price needs to cool a bit as its overbought and too much current demand has driven the price too high, but here is the thing, shorting- Doge when its in a bullish uptrend with price above EMA's especially 200 will not be easy. So this method works better when you are trying to move price (down or up) in the direction of the trend and the path of least resistance. One of the main reasons is because the RSI and Stochastic's give a mixed message when the trend is not your friend. This is because momentum is still to the upside long when above the 80 level on Stochastic's and RSI, momentum is still to the bearish downside when Stochastic's' is below the 20 level. This continued momentum can last a long time in these extended zones above 80 (bullish momentum) or below 20 (bearish momentum) but usually at some point a diminishing momentum occurs as the market forms an opinion that the instrument is overbought > 80 or oversold < 20. So, the Daily chart shows how price is tipping over, right now a lot of other TFs showing bearishness as well on Stochastic's. I hope this helps your understanding, a bit long but its a lengthy topic. By the way, I don't think I will be selling DOGEUSD despite the reasons above, BTCUSD chart does not share this quality of bears moving in, at least not last time I checked a few hours ago.
EIGHTCAP:DOGEUSDLong
by Easy_Explosive_Trading
SasanSeifi| Bullish Trend Building as $1.90 Holds!Hey there, ✌ In the daily time frame, as you can see, the price of BINANCE:OPUSDT has been oscillating with a slight increase after holding the $1 level for a relatively long period. After an initial rise and hitting a supply zone, the price has returned to the demand zone around $1 and, after reaching this level, we have witnessed another slight increase. Currently, as shown in the chart, the long-term downward trendline has been broken in the daily time frame, and the price is moving toward the $2 level. This break in the downtrend could indicate a potential trend reversal and the beginning of a new upward movement. Considering the overall market conditions and existing demand, the likelihood of continued price growth in the short and medium term has increased. One scenario we can consider is that if the price stabilizes above the supply zone, which is currently near the $1.90 level, we can expect OP to move toward higher levels. In this case, mid-term and long-term price targets could range from $2.20, $2.50, to even $3. The key support zone on the daily time frame for OP is at the $1.50 level. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
PALANTIR ON AN INCREDIBLE BULLRUN ! BUT... But be careful—this does not justify the price at all. Although Palantir has very solid numbers in its balance sheet, this does not justify a valuation at such an overvalued price could be very dangerous ! We must consider that markets in general are bullish, and the results of the latest report recently showed that it remains a very solid company in terms of sales. However, its earnings numbers are average—they meet analysts’ expectations, but by a very narrow margin. Historically, this has been the case in past reports as well. Now, let’s get back to the technical analysis of Palantir. After its report, it managed to break through that institutional zone that marked its peak 3 years ago (2021). After bouncing off the imbalance for a second time, Palantir showed a lot of strength and reached new highs. From here on, we just need to wait for a pullback soon to start analyzing a possible support level. Right now, Palantir is in no man’s land, which makes it a bit difficult to predict its next move. The only thing we can do here is to follow its movement candle by candle, staying alert to wicks and immediate zones where it might pull back. Thank you for supporting my analysis. TRADE SAFE!"
NYSE:PLTRLong
by RocketMike111
SWING IDEA - MEGASOFTNSE:MEGASOFT 's stock price has been retesting around the 50 resistance level for approximately one and half years. Following multiple retest, the stock finally broke out above this level in December 2023 and has since established it as a key support. The stock subsequently surged to a peak of 107, representing a 104% increase. However, it then experienced a sharp correction, plummeting 50% to revisit the 50 support level again. This pivotal point, formerly a resistance, has now become a robust support. Currently, MEGASOFT is exhibiting an upward momentum, poised to retest its swing high at 107. The weekly MACD crossover, occurring after the establishment of support at 50, indicates a bullish trend reversal. Immediate Short Term Target as mentioned in the chart with a potential to reach 13% from current Price Point is also observed. KEY OBSERVATIONS: - One year resistance level of 50 broken in December 2023 - Stock surged 104% to 107 before correcting 50% - 50 level now serves as robust support - Weekly MACD crossover indicates bullish momentum - Upward momentum poised to retest swing high at 107 RECOMMENDATION: Based on this technical analysis, I would recommend holding MEGASOFT for a Long Term horizon. This could potentially yield: - 37% returns from the current price (as of writing) - 104% returns from the support point (50) This analysis highlights a compelling buying opportunity in MEGASOFT, driven by its breakout and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a possibility that the stock may revisit this Support level at 50 in the near future before resuming its upward momentum towards the swing high at 107. This potential pullback should be monitored closely, and investors may consider adjusting their strategies accordingly. DISCLAIMER: This IDEA is for informational/educational purposes only and should not be considered as investment advice. The analysis presented is based on technical indicators and historical data but does not guarantee future performance. Please conduct thorough research based on financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.
NSE:MEGASOFTLong
by thepranam
SWING TUTORIAL - ABSLAMCIn this tutorial, we analyze the stock NSE:ABSLAMC (Aditya Birla Sun Life AMC Limited) identifying a lucrative swing trading opportunity following its all-time high in Oct 2021. The stock declined by nearly 57%, forming a Lower Low Price Action Pattern, but subsequently reversed its trend. At the same time, we can also observe the MACD Level making a contradictory Pattern of Higher Lows. This Higher Low Pattern of the MACD signaled the start of a Bullish Momentum, thereby also signaling a good Buying Opportunity. The trading strategy yielded approximately 114% returns in 63 weeks. Technical analysis concepts used included price action analysis, MACD, momentum reversal, trend analysis and chart patterns. The MACD crossover served as the Entry Point, with the stock rising to its Swing High Levels of 720 and serving as our Exit too. As of wiring this tutorial, we can also notice how the stock is making a breakout and retest of the Swing High levels and trying to continue its momentum further upward trying to make a new All Time High. KEY OBSERVATIONS: 1. Momentum Reversal: The stock's price action shifted from a bearish to a bullish trend, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in May 2023 confirmed the bullish trend, creating an entry opportunity. TRADING STRATEGY AND RESULTS: 1. Entry Point: MACD crossover in May 2023. 2. Exit Point: Swing High Levels - 720. 3. Return: Approximately 114%. 4. Trade Duration: 63 weeks. TECHNICAL ANALYSIS CONCEPTS USED: 1. Price Action Analysis 2. MACD (Moving Average Convergence Divergence) 3. Momentum Reversal 4. Trend Analysis 5. Chart Patterns NOTE: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing Price Action, MACD movements, and Reversal patterns, traders can pinpoint potential entry and exit points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:ABSLAMCEducation
by thepranam
SWING TUTORIAL - ICICIPRULIIn this tutorial, we analyze the stock NSE:ICICIPRULI (ICICI Prudential Life Insurance Company Limited) identifying a lucrative swing trading opportunity following its all-time high in Sep 2021. The stock declined by nearly 50%, forming a Lower Low Price Action Pattern, but subsequently reversed its trend. At the same time, we can also observe the MACD Level making a contradictory Pattern of Higher Lows. This Higher Low Pattern of the MACD signaled the start of a Bullish Momentum, thereby also signaling a good Buying Opportunity. The trading strategy yielded approximately 88% returns in 71 weeks. Technical analysis concepts used included price action analysis, MACD, momentum reversal, trend analysis and chart patterns. The MACD crossover served as the Entry Point, with the stock rising to its Swing High Levels of 724 and serving as our Exit too. As of wiring this tutorial, we can also notice how the stock is making a breakout and retest of the Swing High levels and trying to continue its momentum further upward trying to make a new All Time High. KEY OBSERVATIONS: 1. Momentum Reversal: The stock's price action shifted from a bearish to a bullish trend, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in March 2023 confirmed the bullish trend, creating an entry opportunity. TRADING STRATEGY AND RESULTS: 1. Entry Point: MACD crossover in March 2023. 2. Exit Point: Swing High Levels - 724. 3. Return: Approximately 88%. 4. Trade Duration: 71 weeks. TECHNICAL ANALYSIS CONCEPTS USED: 1. Price Action Analysis 2. MACD (Moving Average Convergence Divergence) 3. Momentum Reversal 4. Trend Analysis 5. Chart Patterns NOTE: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing Price Action, MACD movements, and Reversal patterns, traders can pinpoint potential entry and exit points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:ICICIPRULIEducation
by thepranam
BTC is still maintaining a very STRONG BULLISH momentumHello traders, As i analysed before, the BTC price went to our favor and went bullish hitting targets on the 1H and 30mn charts anfter making some corrections and pullbacks. the BTC is approaching a previous Monthly level of 73907 where price may get rejected and go back to a LH monthly level of 71591 giving short trades opportunities. But if price breakes the 73907 we definitely gonna reach the $90000 level next month as the overall direction and trend is bullish and price was just making corrections the previous weeks accumulating momentum to a strong bullish move. Keep watching and seize the opportunity. Good luck
Long
by YMtradingsystem
SOL ANALYSIS🔮 #SOL Analysis 💰💰 🌟🚀 There is a complete formation of Cup and Handle Pattern in #SOL in weekly timeframe. We are just waiting for a perfect breakout. If #SOL breakout with good volume then we will see a very good bullish move.🚀🚀 🔖 Current Price: $168 ⏳ Target Price:    $250 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SOL. 🚀💸 #SOL  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
SWING TUTORIAL - MFSLIn this tutorial, we analyze the stock NSE:MFSL (MAX FINANCIAL SERV LTD) identifying a lucrative swing trading opportunity following its all-time high in July 2021. The stock declined by nearly 50%, forming a Lower Low Price Action Pattern, but subsequently reversed its trend. At the same time, we can also observe the MACD Level making a contradictory Pattern of Higher Highs. This Higher High Pattern of the MACD signaled the start of a Bullish Momentum, thereby also signaling a good Buying Opportunity. The trading strategy yielded approximately 80% returns in 71 weeks. Technical analysis concepts used included price action analysis, MACD, momentum reversal, trend analysis and chart patterns. The MACD crossover served as the Entry Point, with the stock rising to its Swing High Levels of 1148 and serving as our Exit too. As of wiring this tutorial, we can also notice how the stock is making a breakout and retest of the Swing High levels and trying to continue its momentum further upward trying to make a new All Time High. KEY OBSERVATIONS: 1. Momentum Reversal: The stock's price action shifted from a bearish to a bullish trend, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in May 2023 confirmed the bullish trend, creating an entry opportunity. TRADING STRATEGY AND RESULTS: 1. Entry Point: MACD crossover in May 2023. 2. Exit Point: Swing High Levels - 1148. 3. Return: Approximately 80%. 4. Trade Duration: 71 weeks. NOTE: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing Price Action, MACD movements, and Reversal patterns, traders can pinpoint potential entry and exit points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:MFSLEducation
by thepranam
SWING IDEA - ANGELONENSE:ANGELONE 's stock price has been retesting around the 2000 resistance level for approximately two and half years. Following multiple retest, the stock finally broke out above this level in October 2023 and has since established it as a key support. The stock subsequently surged to a peak of 3895, representing a 87% increase. However, it then experienced a sharp correction, plummeting 45% to revisit the 2000 support level again. This pivotal point, formerly a resistance, has now become a robust support. Currently, ANGELONE is exhibiting an upward momentum, poised to retest its swing high at 3895. The weekly MACD crossover, occurring after the establishment of support at 2000, indicates a bullish trend reversal. KEY OBSERVATIONS: - Two-year resistance level of 2000 broken in October 2023 - Stock surged 87% to 3895 before correcting 45% - 2000 level now serves as robust support - Weekly MACD crossover indicates bullish momentum - Upward momentum poised to retest swing high at 3895 RECOMMENDATION: Based on this technical analysis, I would recommend holding ANGELONE for a Long Term horizon. This could potentially yield: - 35% returns from the current price (as of writing) - 87% returns from the support point (2000) This analysis highlights a compelling buying opportunity in ANGELONE, driven by its breakout and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a possibility that the stock may revisit this Support level at 2000 in the near future before resuming its upward momentum towards the swing high at 3895. This potential pullback should be monitored closely, and investors may consider adjusting their strategies accordingly. DISCLAIMER: This IDEA is for informational/educational purposes only and should not be considered as investment advice. The analysis presented is based on technical indicators and historical data but does not guarantee future performance. Please conduct thorough research based on financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.
NSE:ANGELONELong
by thepranam
GOLD 1H & 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our 1H chart hitting two bullish targets 2730 and 2739 and one remaining at 2747, which will be further confirmed with ema5 lock above 2739. 1H CHART ROUTE MAP This 4H chart had ema5 lock above 2715 opening 2737, which was also hit perfectly completing this setup. A PIPTASTIC start to the week!!! We will now look for ema5 lock above 2737 to confirm the range above or failure to lock will follow with a rejection to test lower Goldturns for our reactional bounces. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2737 (EMA5 LOCK ABOVE 2715 WILL FURTHER CONFIRM THIS) - DONE EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2760 POTENTIALLY 2779 EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 POTENTIALLY 2814 BEARISH TARGETS 2715 2693 EMA5 CROSS AND LOCK BELOW 2693 WILL OPEN THE FOLLOWING BEARISH TARGET 2669 EMA5 CROSS AND LOCK BELOW 2669 WILL OPEN THE SWING RANGE SWING RANGE 2640 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
BTC Shows Bullish Momentum with Potential for Explosive RallyMarket Overview: Bitcoin's price action has turned increasingly bullish, making higher highs since late August, signaling a notable shift in momentum. The $50,000-$55,000 support zone held strongly in early September, followed by a formation of a higher low, indicating strong buyer interest. Key Levels to Watch: Resistance: $70,000-$72,000 Potential Target: $100,000 to $120,000 Outlook: If Bitcoin successfully clears the $70,000-$72,000 resistance level, we may witness an explosive rally, possibly leading Bitcoin to reach new heights between $100,000 and $120,000. Given Bitcoin's historical tendency to lead the cryptocurrency market, a breakout could initiate a new altcoin season, driving further gains across the broader crypto market. #Bitcoin #BTC #CryptoMarket #BullishMomentum #AltcoinSeason
BITSTAMP:BTCUSD
by Richtv_official
I REALLY LIKE BITCOIN'S STRUCTURE But what we need to see first?As you can see, the beast has awakened in recent days, and the mother of all cryptocurrencies is back. It’s crucial to use Bitcoin’s analysis as a base because it’s the crypto that drives the entire cryptocurrency market in general. So, rest assured, if Bitcoin wakes up, the crypto market will be alive! The Beast has awakened, and we are very close to $70,000. The key lies in two very important points that I will highlight in yellow on the chart. Point 1 (P1): VOLUMETRIC CANDLE. The impulse of the volumetric candle that gave the price its bullish strength—these types of candles are the fuel that the price needs to propel itself and reach new highs. Point 2 (P2): DIVERGENCE. If we look at the two EMAs (8 and 21), they are very extended. I use these EMAs as a reference to confirm there’s strength in the price. Whenever these two EMAs start to widen from each other, it's when the price begins to make a decision and show strength to either continue its trend or maintain momentum. But hold on! Don’t celebrate just yet. To reach the All-Time High, we’re likely to see one or two pullbacks first. It all depends on the volatility we’ll see in the coming days. Our short-term goal is for BTC to reach $70,000, and after hitting that target, we’ll be very close to seeing BTC surpass its all-time high once again. In my personal opinion, I think the most difficult stage for Bitcoin is not reaching $70,000, but surpassing $71,800 level Let’s see what the week has in store for us. Thank you for supporting my analysis.
COINBASE:BTCUSD
by RocketMike111
SWING TUTORIAL - RALLISIn this tutorial, we analyzes the reversal of NSE:RALLIS 's 50% decline, identifying key technical indicators that signaled a buying opportunity. We'll explore how to recognize bullish momentum and optimal entry points using chart analysis. NSE:RALLIS reached its all-time high at 362 before experiencing a significant downturn. However, the stock began forming support levels near 200 in June 2022 and retested this level again in May 2023. Key Observations: 1. Support Levels: The stock consistently found support at ₹200, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in June 2023 confirmed the bullish trend, creating an entry opportunity. Trading Strategy and Results: Based on this analysis, our entry point was established at the MACD crossover. The stock subsequently rose to its swing high levels, yielding approximately 85% returns in just 57 weeks. Note: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing support levels, MACD movements, and consolidation patterns, traders can pinpoint potential entry points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:RALLISEducation
by thepranam
11
CNVS LONG TERM HOLD PAYING OFF. Looking forward to staying above 2.74 heading to test 3.94 with the momentum. ER COMES NOV 11 they continuously make revenue yoy and have been a positive company thru dark times of covid and stock market reset. Held thru and avd down ! Levels to stay above 2.70 Future tests 3.94 , 5.06 Onward to the volume held on at 10$ potentially with a insanely bullish run. There could be a deal in the making, not sure but there is massive momentum. Looking to take profit at 4.20$ if trend continues but holding most of the shares for closer to nov 11
NASDAQ:CNVSLong
by Cariboostonks