Bullishmomentum
SAGA ANALYSIS🔮 #SAGA Analysis 🚀🚀
As we can see that #SAGA is trading in a Descending Channel Pattern in daily time frame. Also there is a formation of double bottom pattern which indicates a bullish momentum. A perfect breakout of both pattern will make a bullish movement in #SAGA 💸 💯🚀
💸Current Price -- $1.2490
📈Target Price -- $3.1470
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #DYOR
PANCHSHEEL ORGANICS LTD-B/O of base formation
Good looking chart to keep in your watchlist.
B/O of base formation with volume.
RR is favourable.
No Recommendations please.
SPY on weekly stays the course LONGSPY on the weekly chart is up 25% in the past six months. This is beyond its historical norms
even during a presidential election year. While there has been some volatility in both directions
the climb is consistent and persistent. The indicators serve to document this. The predictive
algo predicts more of the same. A price cut when the fed gets around to it will serve to sustain
the trend. Lack of it through the summer may cause a fade of momentum. Make hay while the
sun shines.
Big breakout in suzlon Big breakout possible in suzlon with heavy volumes and strong RSI .
Buy suzlon above 65 (if it close above it )
Target 84 98 115
Sl 56.75
Quick long setupLooks bullish. Long trade placed. But I don't risk to hold it through the earnings ....
SARDAEN - Sarda Energy & Minerals- Strong Bullish Momentum (Buy)Technical Analysis of SARDAEN - Sarda Energy & Minerals (SARDAEN):- Here's a breakdown of the technical analysis for SARDAEN:
Personal Opinion:- As per my technical analysis, I am Bullish in this stock and you can buy SARDAEN stock at CMP@274-290 or wait for a dip to enter in the buy trade. This stock is beneficial to buy short to long term point of view.
Overall Trend:
Positive - As per previous chart and current chart pattern along with my technical analysis based on indicaotrs shows a one-week and one-month strong buy technical rating for SARDAEN.
Upward trajectory - The stock price has increased by 15% in the last week, 22% over the month, and a whopping 75% over the past year.
Technical Analysis Based on Indicators:
Relative Strength Index (RSI): The overall oscillator rating leans towards buy. This suggests the stock might not be overbought yet.
Moving Average Convergence Divergence (MACD): The technical ratings suggest a bullish trend with the help of MACD analysis.
Other factors to consider:-
Volatility:- SARDAEN has a moderate volatility of 12.43%
Beta:- 0.86, indicating a slightly lower volatility than the overall market
Earnings Report:- The next earnings report is due on July 29, 2024. Positive earnings reports can lead to price increases.
Important Disclaimer:-
Technical analysis is a helpful tool, but it shouldn't be the sole factor in your investment decisions. Consider fundamental analysis (company financials, industry outlook, etc.) and your overall risk tolerance before making any trades.
Remember, this is just a starting point. Do your own research before making any investment decisions as I am not SEBI registered person to suggest any stock
Thanks for your support as always
ZILUSD Forecast: Bullish Momentum & Targets for Q4 2024, Q1 2025ZILUSD currently finds robust support at $0.0136, suggesting favorable conditions for a potential uptrend. The recent retesting and observed volume indicate a promising setup for a bounce. Concurrently, the ETHBTC pairing shows notable growth, poised to potentially flip the 0.6 level, signaling a likely rally in altcoins. Moreover, with ETH's ETF approval nearing, the market anticipates heightened volatility and upward movements in Q4 2024. Historically, such periods have exhibited significant price rises and increased market activity during bull runs. Notably, preparations for market exit around March or November 2025 are advisable as bull runs typically conclude during these times.
In historical contexts, ZILUSD has shown resilience and substantial targets during bull runs, with a minimum target projection of around $0.5 in Q4 2024. Breaking the $0.5 resistance could propel prices towards a maximum target of $1.5 by Q1 2025. Since its listing in January 2018 amidst a bear market, ZILUSD underwent significant downtrends until March 2020, followed by a notable uptrend till May 2021's bull run. Subsequently, a downturn from May 2021 to December 2022 led to a consolidation phase until March 2024, marked by recent upward movements.
Retesting support at $0.0135 suggests a potential for a substantial uptrend towards Q1 2025 amidst the approaching altcoin season, expecting similar market volatility. Monitoring resistance zones and patterns is essential to maintain active trading strategies. Consider exiting long positions around March or November 2025, aligning with historical market cycles.
For more detailed analysis and future trading ideas, follow us on TradingView. Share this idea with your friends and family to maximize profits. Please like, comment, and engage with our posts for more insights. Thanks!
DOT ANALYSIS🔮 #DOT Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #DOT and trying to retests the level. It's a 12hr time frame breakout and we will see more higher price in long-term. A successful retest of support could propel a rally 📈📈
💸Current Price -- $6.058
📈Target Price -- $9.051
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOT #Cryptocurrency #Breakout #DYOR
UNFI ANALYSIS🚀#UNFI Analysis : What Next ??💲💲
✅As we can see that there was a formation of "DESCENDING CHANNEL PATTERN" in #UNFI and given a breakout. We are expecting around 30-35% bullish move after a good breakout📈
🔰Current Price: $4.233
🎯 Target Price: $5.739
⚡️What to do ?
👀Keep an eye on #UNFI price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#UNFI #Cryptocurrency #TechnicalAnalysis #DYOR
AUCTION ANALYSIS🔮 #AUCTION Analysis 🚀🚀
In daily timeframe, falling wedge pattern is forming ✅
Right now, #AUCTION is trading around it's crucial level 🚀 🚀 if #AUCTION breaks this level then we will be target for 50% in few weeks 💸 💯🚀
💸Current Price -- $21.45
📈Target Price -- $35.40
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AUCTION #Cryptocurrency #DYOR
Galaxy Surfactants: Bullish Wave 5 in MotionTechnical Analysis of Galaxy Surfactants
Elliott Wave Analysis:
Galaxy Surfactants is exhibiting a classic Elliott Wave structure on the weekly time frame. The stock has successfully completed waves (1), (2), (3), and (4), and now appears to be unfolding wave (5). Within wave (5), we have finished waves 1 and 2 and are potentially starting wave 3 on the daily time frame.
Key Levels:
Invalidation Level: The low of wave (4) at 2221 serves as the invalidation point for this bullish wave count. If the stock price falls below this level, the current Elliott Wave structure would be invalidated.
Target Levels: Based on the wave structure, the potential targets for wave (5) are in the range of 3500 to 4000.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is positively aligned on both daily and weekly time frames, indicating bullish momentum.
RSI (Relative Strength Index): The RSI is also showing strength, being positively aligned in both daily and weekly time frames. This supports the view that the stock is in a bullish phase.
Wave (5) Characteristics:
Wave (5) in Elliott Wave theory often represents the final leg of the primary trend. It is usually characterized by strong momentum and can sometimes extend to unexpected levels, especially if wave (3) was not the longest wave. The unfolding of wave (5) suggests that Galaxy Surfactants has significant upside potential.
Conclusion:
Galaxy Surfactants is showing a strong bullish setup according to Elliott Wave theory. With the stock potentially starting wave 3 of wave (5) and supported by positive MACD and RSI indicators on both daily and weekly time frames, the outlook is highly positive. The invalidation level is pegged at 2221, with targets towards 3500 - 4000 levels. Investors should monitor these levels closely to confirm the wave structure and potential continuation of the bullish trend.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BENDOGUSDT | Ready for Continuation?Market Context
Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely!
Chart Analysis
Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout.
Strategy
While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out.
Let’s watch BENDOG soar—stay tuned!
GNOUSDT | Ready for Another Push Higher?Market Context
GNOUSDT has been on a roll with a significant push higher recently, and the momentum suggests we’re not done yet!
Strategy: Buy the Dip
To capitalize on this bullish trend, here’s our buy-the-dip strategy with precise limit orders:
LIMIT Order 1: 353.93 | TP: 389.45
LIMIT Order 2: 341.12 | TP: 352.96
LIMIT Order 3: 329.60 | TP: 340.70
Excitement Ahead
With these setups, we're positioned to ride the next wave up. This could be a thrilling ride, so buckle up and stay tuned!
ARK ANALYSIS🔮 #ARK Analysis 💰💰
🌟🚀 As we can see that #ARK is trading in a symmetrical triangle in 2 days timeframe. Also there is an immediate resistance zone, If #ARK breaks the pattern and also the resistance zone then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $0.8460
⏳ Target Price: $1.7270
#ARK #Cryptocurrency #DYOR
BRETTUSDT | Everything is TrendingThe entire market is trending, and it's time to ride the wave! BRETTUSDT is set to reach new highs!
Market Context
With the market's bullish momentum, BRETT is perfectly positioned for a breakout.
Trade Setup
We've got the wind at our backs, and I'm targeting a new high for BRETTUSDT. The volume and price action are aligning perfectly for a major move.
Don't miss out—let's see just how high BRETT can soar!
BCH ANALYSIS🚀#BCH Analysis :
🔮As we can see in the chart of #BCH that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. But there is an instant resistance zone and if #BCH sustain this breakout and also breakout the resistance 1 zone then we would see a bullish move📈📈
🔰Current Price: $492.9
🎯 Target Price: $700
⚡️What to do ?
👀Keep an eye on #BCH price action. We can trade according to the chart and make some profits⚡️⚡️
#BCH #Cryptocurrency #TechnicalAnalysis #DYOR
Long AUDUSDCurrently bullish on AUDUSD, I have 2 TP points in mind. I'm seeking liquidity above 0.67300 and 0.68800. We've swept the buy stop liquidity levels below 0.64500 and now I'm expecting price to target sell stop liquidity levels. Currently 40 pips in profit with a total profit take of 256, SL set to breakeven, risk free trade. Let's see how this plays out over the coming weeks. Good luck Traders, if you see something similar or different feel free to share!
OM ANALYSIS🔮 #OM Analysis - Breakout Trading
🌟🚀 #OM was trading in a Bearish Pennant Pattern in weekly time frame and breakout the pattern. But there is an instant resistance, if the price closes above the resistance then we could target for next resistance☑️
🔖 Current Price: $0.8350
⏳ Target Price: $1.0054
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits💸
#OM #Cryptocurrency #Breakout #DYOR
LEVER ANALYSIS🔮 #LEVER Analysis
🌟 There is a formation of "ADOM and EVE Pattern" in #LEVER and its a bullish pattern. We are waiting for a perfect breakout. If #LEVER breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $0.003722
⏳️ Target Price: $0.005380
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #LEVER. 🚀💸
#LEVER #Cryptocurrency #DYOR
WORKX ready for bull phase, new highs incomingHello
The last time I covered workX it turned out to need more time consolidating.
This time I think everything looks fine for a new bull phase. Also considering overall market conditions.
When the price surges past the old resistance it can surge very fast because it is a low marketcap gem.
Please do your due diligence, then you will find a hard-working team backed by big companies and also the European Union.
Full send!
Greetings, Corné
DOW JONES │ US30 │ WEEKLY OUTLOOKWeekly timeframe
As anticipated the highs were raided even if it was a mere ±40 pips. So what is next? Bullish scenario we may see participants run us all the way to round levels – 40100; 40200; 40300; 40400; 40500 and so and so forth. Where it turns around to sell, I do not know. However, if we do see it sell there are two fair value gaps we can look for a reaction to buy on the chart
Daily timeframe
Because we believe the market is now bullish, a break of ATH is eminent. So we just wait for that break to see price reach high to around 40800, Unmitigated imbalance sit around 38680. A very deep retracement that would be.
Four-Hour timeframe
Clear as daylight; just wait for price to get into discounted levels to buy. When you see selling opportunities in premium, sell but as always, these are high resistance counter trend trades that is full of stop hunts so always try and half the risk you take.
Final Thoughts
When you are in no man’s land as we are here, it is always best to stick to the short-term trades. Session to session, fixed RR etc. I will personally wait for price to get into discounted levels to buy and try to sell in premium when the opportunity presents itself.
