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Bullishpattern

ETH/USDT BULLISH PATTERN! READY TO GO UPSIDE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ETH/USDT Update. ETH/USDT is forming a bullish Adam & Eve double bottom pattern, suggesting a potential trend reversal towards higher prices. Analysis: Adam's Cup: We see a clear downward movement followed by a rounded bottom reversal, forming the left cup of the Adam & Eve pattern. Eve's Cup: The price is completed with a similar rounded bottom, potentially forming the right cup (Eve's cup) of the pattern. Neckline: A trendline can be drawn connecting the lows of both cups, forming the neckline. A breakout above this neckline is already done and it is a bullish signal. Indicators: Moving Average: The price is also breaking above the 100D moving average. Target: The measured move target for the Adam & Eve pattern would be the height of the first cup (Adam's cup) added to the breakout point above the neckline. Stop Loss: A stop loss can be placed below the neckline for risk management. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
Megmani Organic Ltd Breakup Momentum - Bullish Targets UnveiledMegmani Organic Ltd (Ticker: MEGORG) has recently experienced a significant breakup with impressive trading volumes, signaling a potential bullish trend reversal. The stock is now poised for an upward trajectory, targeting key resistance levels at 101, 115, and 125. Technical Analysis: Breakup Confirmation: The breakup in Megmani Organic Ltd was accompanied by substantial trading volumes, indicating strong market participation and a potential shift in sentiment. Supportive Candlestick Patterns: The recent breakup is supported by bullish candlestick patterns, suggesting increased buying interest and positive investor sentiment. Moving Averages: Short-term moving averages (e.g., 20-day and 50-day) have crossed above long-term moving averages (e.g., 200-day), reinforcing the bullish momentum. Potential Price Targets: Target 1: 101 The first target represents a psychological resistance level and a potential breakout point. Traders can consider taking partial profits at this level. Target 2: 115 The second target indicates a further bullish move, with the potential to challenge previous highs. Consider adjusting stop-loss levels as the stock approaches this target. Target 3: 125 The third target signifies a more extended bullish move, with the stock aiming for new highs. Traders may choose to reevaluate their positions and consider profit-taking strategies at this level. Risk Management: Stop Loss (SL): 78 A stop-loss level at 78 is recommended to mitigate potential losses in case of an unexpected reversal. Adjust the stop-loss as the stock advances, locking in profits and managing risk accordingly. Time Frame: This trade idea is based on a mid-to-long-term outlook. Traders and investors should monitor the stock's performance regularly and adjust their positions as needed. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Traders and investors are encouraged to conduct their own research and seek professional advice before making any trading decisions. Trading involves risks, and past performance is not indicative of future results.
NSE:MOL
by Psquaretrades
3B BLACKBIO DX LIMITED Currently Market Price @ 786.55 ... Good for Holding for a Year . Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 49.9% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 44.5% Promoter holding has increased by 2.86% over last quarter. Launch of Subsidiary Co. 3B BlackBio has launched its own subsidiary co. in the United Kingdom after entering into a Joint Venture Agreement with its European Distributor, HS Biolabs Limited based in Manchester, UK. TRUPCR Europe Limited has been launched to accelerate growth of TRUPCR's range of molecular diagnostic kits within Europe. TRUPCR has been well-accepted in 35+ countries across UK and Europe, Middle East, APAC, LATAM and United States of America 3B BlackBio Biotech India Limited. Incorporated in 2011, “3B BlackBio Biotech India Limited”, a subsidiary of Kilpest India Limited, is engaged in Design, Development Manufacturing and Commercialization of qPCR tests, Rapid tests, NGS based Molecular Diagnostic Kits and Extraction Kits. The company has the largest range of CE-IVD products in the molecular diagnostics segment. Brands: TRUPCR, TRURAPID, truNGS, TRUPCR Europe.
BSE:3BBLACKBIOLong
by iism-ExpertTrading
UNI: 8$ is Near 🧐 🧐 🧐UNI has been trading in a large bullish flag pattern on the daily timeframe. The price has been respecting the boundaries of the flag and making lower highs and higher lows. However, the price has recently failed to react to a break above local highs, indicating weakness and a possible further decline. The bullish flag: The bullish flag is a bullish continuation pattern that is characterized by a period of consolidation following a strong uptrend. The consolidation period typically takes the form of a pennant or flag, after which the price breaks out and continues its upward trend. The failed breakout: The price broke above the upper trendline of the bull flag on March 8, 2023. However, this breakout was quickly reversed, and the price fell back below the trendline. This failed breakout indicates that the bulls are not yet in control and that the price could be headed lower. The downtrend channel: The price has been trading in a downtrend channel since the failed breakout. The channel boundaries are defined by two parallel trendlines, one connecting lower highs and the other connecting higher lows. The price is currently approaching the lower trendline of the channel. The support zone: The $7-8 area is a strong support zone. This zone is defined by the horizontal levels of previous lows and the 200-day moving average. A bounce off this support zone could be expected. The target: The target for the bullish flag pattern is $16. This target is defined by the height of the flagpole, which is the distance from the start of the flag to the breakout point.
Long
by Yaroslav_Krasko
Analysis and Idea on US30 ChartDisclaimer: This is not financial advice. Prices can move in any direction, so manage your risk accordingly. Situation Overview: In the US30 chart, there has been a significant drop in the Consumer Price Index (CPI) recently, causing the price to hit a strong swing level. Analysis: Given this context, there's an expectation for an overall correction in price, followed by a bullish trend. Trading Idea: Entry Point: Buy above 38,470, especially after a confirmed breakout observed on lower timeframes. Breakout Confirmation: A break above this level is likely, based on technical analysis. First Target: Aim for a gain of 200+ points/pips. Second Target: Similarly, target another 200+ points/pips. Overall Target: The goal is to capture around 400 points in total. Risk Management: It's crucial to remember that this is just an idea and not financial advice. Prices can fluctuate unexpectedly, so it's essential to manage risk effectively. By following these guidelines, traders can align their strategies with potential market movements while prioritizing risk management.
PEPPERSTONE:US30Long
by mdrvision