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RUNE: Breakout after BreakoutHello friends! Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one that has been under that previous resistance at 1.969) and by this moment it is creating the new Higher Low. Again, interestingly enough, while forming the new lower low it is creating the new zone of interest by creating this new resistance I was talking about and actually breaking through it. At this particular moment, the breakout isn't yet totally confirmed cause it hasn't gone through the new BoS, but this point might be this new higher low. So: If you are risky enough, consider the Entry 1 Zone with the Stop Loss below the previous Low. In case if the Higher Low isn't yet catched, the price can go to the zone of $1.2-1. Consider re-entering at that point. If you don't like the risk - wait until the break of structure will be confirmed and consider Entry 2. First Targets will be within the fulfilling of the wick that led us to the previous BoS. Fulfilling it strongly will most probably lead RUNE to the next zone: $2.9-3.1
Long
by A_I_Vision
resistance level Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations. It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. Key Ratios - Q2 FY23 Capital Adequacy Ratio - 12.86% Net Interest Margin - 4.04% Gross NPA - 7.67% Net NPA - 2.10% CASA Ratio - 54.69% Branch Network At present, the bank has 980+ branches and 1,400+ ATMs. 83% and 89% of all branches and ATMs are located in the state of J&K.
NSE:J&KBANKLong
by investigationofchart
BluetonaFX - USDJPY Approaching 150Hi Traders! USDJPY has finally broken above the two-month 145.073 resistance level and is quickly approaching 146. The psychological 150 level is now in sight. The price action shown here on the 1W chart is very bullish; the range zone has been broken, and we are above our 20 EMA. The 145.073 resistance level might be tested now as support, and we are looking for a possible retest candle to show a close above 145.073. If we get this, then our long-term target is 150, which is a huge psychological level. We also have the FOMC minutes meeting tomorrow, so we could see further levels broken to the upside depending on the outcome. Please remember to like, comment, and follow, as your support greatly helps. Thank you for your support. BluetonaFX 
by BluetonaFX
13
Uranium Miner ETF Breaking a 2 year Resistance TrendHi Guys! This is a Technical Analysis on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. We are currently in the process of BREAKING OUT of the Major Resistance Trend that started from November 2021. Just KEEP in MIND -> The candle closes end of the trading week. So if end of week we are still ABOVE the resistance line thats 50% of the work done for TREND CHANGE to occur. The other 50% to reach 100% of completing the job is the observation of CONFIRMATION above the resistance and having it turn SUPPORT. Once we do that, we can start moving towards TARGET 1. Notice also how for multiple weeks straight we tested SUPPORT on the 21 EMA, and now we are moving above it. This is a sign of BULLISHNESS Remember we must wait for CONFIRMATION above the resistance. Without it, the chances of a FAKEOUT are probable. STOCH RSI is showing that BULLISH momentum is entering. As long as we maintain this, moving up above the 80 level. It INCREASES the PROBABILITY that we complete the TREND CHANGE above the Major Resistance Trendline. RSI is also in the process of a Trend Change. Notice how we tested SUPPORT and bounced off the BLACK line. Stay tuned for more updates on URNM in the near future. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
AMEX:URNMLong
by SafofAllTrades
Gold -> Wait For This Daily Setup!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold 💪 After the simply monthly break and retest and also a retest of the 0.382 monthly fibonacci retracement Gold perfectly created the bullish continuation towards the upside. With the recent break and retest of a major previous weekly structure zone, in confluence with bullish moving averages, I simply do expect more growth on Gold over the next couple of weeks. My last analysis on Gold - linked below - perfectly played out once again and I am now just waiting for a clear breakout of the bullflag and a break above resistance and then also the path on the daily timeframe is clear fore more upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
FXOPEN:XAUUSDLong
by basictradingtv
50
EURCAD I Key resistance broken and more upsideWelcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
26
BTC Flipping the Most Important Level of its HistoryI have a theory that the most important resistance level of BTCs history is not 31K or 31.5K like a majority of the world believes, rather that it is 29.1K When looking at the weekly chart we can see this past week we just closed above the level for the first time since January 2021. This is Extremely Bullish and in my opinion Negates all arguments for the possibility of a new low coming before the next Halving. In addition to the level being flipped we have a weekly Stochastic Cross which is very bullish and has been occurring every 6 months for BTC for the past 2 years and each time there is a major move to the upside. I think 29.1K is the new floor until we see a new ATH. If you're waiting for a chance to buy/accumulate then you should probably start asking if you're making the right decision. DCA, don't miss the move because you are stuck in the disbelief phase.
COINBASE:BTCUSDLong
by AlexSpicer94
Is the rest of the market joining the rally?The weekly chart (on the bottom) shows that SPY and RSP were highly correlated until early March. After March, we have seen the two separate in YTD returns. The correlation coefficient confirms this break in trading. The breakdown in correlation between the RSP and SPY is most evident between May and June when RSP lost value and SPY gained value. In the last week, we have seen SPY clear August '22 high. For many, this confirms that a new bull market has begun. While the RSP is far from its August '22 high, we saw it break a short-term resistance level yesterday (6/13/23). The correlation coefficient is also rising back towards 1. It appears that RSP is beginning a new leg up. I believe a new leg up in the RSP confirms the Bull case for the SPY. With the Fed decision this week and both equities close to a support/resistance line, I am also watching for the invalidation of this breakout in the RSP and SPY. For me, that would be both equities closing below their near support/resistance lines.
AMEX:RSPLong
by Ronald_Ryninger