Roundingbottom
Rounding bottomBitcoin Dominance has formed a rounding bottom formation which is a bullish pattern how ever there are two things which needs to be consider here,
1. If this shoots up then alts and Bitcoin will fall.
2. We can see a relief rally if it goes down a bit and in this case we can see a pattern formation called CUP n handle which is also a bullish pattern.
So only time will tell what will happen, Hope for the best.
$ENS - ready for the breakout?the price formed a pattern we can identify as a cup&handle, or a rounding bottom, and if its resistance ( @ 20.5 ) is broken, we can expect a good rally to the upside
I'm looking for an entry above the monthly dynamic level @ 23.4 , if the price manages to close above that without an overbought RSI (>70) targeting at least a 12% profit - I'm going to post an idea about this if this scenario plays out
let me know what you think about this!
MULTI YEAR BREAKOUT, BIG TARGETNSE:ONMOBILE
Stock is consolidating below 160 from last 11 years.
if it breakout above 165 in WEEKLY TIMEFRAME ,
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then ENTRY can be taken at 172 for a big target of 300 ,
CHART PATTERN - LONG CONSOLIDATION , ROUNDING BOTTOM , MULTI YEAR BREAKOUT
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this is not a trading advice, only for an educational purpose.
Rounding Bottom Pattern foundAMBA Enterprises :
CMP: 28.95
Target : 40, 60, 90
SL: 18
Time Frame : Wealth Creation...
Risk is yours and Reward is too yours totally
Kotak BankKotak bank made rounding bottom & its trading above its last couple of weeks high with good volumes.
Could be bought with mentioned stoploss & targets.
TatamotorTatamotor made perfect rounding bottom on an hourly charts & trading above previous swing high.
Could be bought with mentioned stoploss & targets.
SCRT is on It's way to 10$SCRT (Secret Network) has been Listed in Kucoin Recently and it Has Created a Rounded Bottom Pattern. this pattern can Make The Price Increase to 10$ easily (if the Break out Happens! Right now). IF the Price Fails To break the Pattern and a Correction would Happen, We can Expect a Creation of Cup and Handle Pattern. In Both Cases We can Expect The 10$ achievement.
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Thank you for seeing idea .
Have a nice day and Good luck
PENDING SLOW TURTLE BUY ON BREAKOUTMYX:LCTITAN
Pending slow turtle buy
big picture rounding bottom
target price at gap fill area
Breakout on Inflation expectationsThis week we have seen significant price increases in many soft and hard commodities. Is it any reason that inflation expectations have risen and broken their 2017 resistance.
SAND - descending wedge and rounding bottom forming?Target 6.5 (already visited that price area last month)
Need move to upside to complete pattern
BTC is screwing alts over currently, idea might not come to fruition if BTC tanks more
Comment if you agree/disagree!
As always, NFA!
Penny Stock Ideas: Can It Has Potential To Double Your MoneyPenny Stock Ideas: Eastern Silk Industries
Cmp is 10.50 and has resistance exactly at 20.
It has formed multiple patterns like double bottom, rounding bottom pattern and given a multi Year Breakout in monthly time frame.
In case it manages to break and sustain above 20, then I am expecting it to generate multibagger return
Komodo Potential 73x vs BTC Weely -- Komodo Bitcoin - Alt GemKomodo is a real Gem on the market right now, one of the very best buys there is I figure.
The project is still active, developing, and on many top exchanges.
I think KMD BTC will likely do a big rounded bottom over the next year or so vs BTC
Komodo has hit a bit Double Bottom on the 3 day chart
There is a bullish divergence in the RSI
MacD has stabilized around mid
Buy Komodo ASAP
1st Target 3000
2nd Target 8000
3rd Target 34000
4th Target 100000
Enjoy the profit -- get a Lambo
Thank me later.
Rounding Bottom Breakout Minda CorpOn Daily time frame, We can see in few days rounding bottom pattern breakout. Enter positional trade above 230 for target of 410 .
Rounding Bottom + Descending Channel Breakout in NIFTY The above analysis of NIFTY is done on 15 min Time Frame, based on Pure Price Action and Popular Chart Patterns.
Working of Rounding Bottom is explained with below chart images.
Traders must enter in trade only after their own study and proper risk management. The above analysis is only for education purpose.
For more such chart analysis on daily basis, connect with me on various platforms (including any query or suggestion regarding this or Price Action Analysis)
ISGEC Weekly -
UNITED SPIRIT Daily -
CERA weekly -
PAGEIND Monthly -
The graph analysis (GRT)Hello guys, welcome back.
I think GRT is a great deal right now, price been accumulating for quite a long time, now I believe we should start going up again.
as you can see on chart, we also had this rounding bottom formation over and over, we have a very important resistance zone ( 1.05 - 1.1 $ ), break of this level can lead to a huge move.
Entry zone : 0.7 - 0.77$
Stop loss : 0.54$
Take profits :
1 ) 1.06 $
2 ) 1.26 $
3 ) 1.7 $
4) ATH
* It's not a financial advice *
BEL WITH ROUNDING BOTTOMBEL with prior uptrend, No resistance upwards, rounding bottom, support at 30WMA and previous demand zone, RS increasing. Only for education purpose. I am not SEBI registered
AVAX round bottom breakout ⏫ | LONGFormation of round bottom. Can expect a flag formation before a breakout. min 25% of up movement can be expected based on fibonacci.
REN/USDT (Interval 1D) Rounding bottomREN is making a massive rounding bottom on a daily chart, Looks like this will explode in coming days or weeks.
Big Breakout above 522.5Prestige is near the Multi Year Breakout Zone.
Good Rounding Bottom and Blue Volume Lines are my eye catchers.
Entry and Exit levels are being explained in video, kindly refer it.
Risk is yours and Reward is too yours totally
Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Cardano ADAUSD - Elliott Wave + Rounding Bottom! +1200%!- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
