The was a fake breakdown at 732 level on 4th May and now the sellers are trapped so there might be a good momentum .
Our 1st target 800 and Stoploss will be candle close below 832.
There was a channel formation in Solana usdt and it gave a breakout and the targets are very good.
MACD is also showing divergence.
its going to be a great move.
There is a rounding top pattern formed on an hourly timeframe.
Target -
there is a sweet 5% waiting at first target and than 7.5 - 8 % at T2.
SL -
The stop loss would be close > 2200.
Have a nice day :)
...
Metropolis Healthcare has formed an very good "triangle base" after a sudden big bear run and gave a breakout.
Divergences- RSI ,Squeeze Momentum
entry - CMP
Targets -
T1 - 2500 ( 20% )
T2 - 3000 ( 46% )
T3 - 3500 ( 70% )
Stop Loss -
SL - 1830 ( 10%)
there's a very good chance of hit rate...
As covid is going down and pvr is merging up with INOX it. The profit might start now.
Analysis:
Pvr has formed a triangle pattern on a weekly timeframe and has given a breakout.
The fibonacci based targets are, T1=2800 and T2= 4000.
Stop loss = when close is less than 1480.
The RR is 1:2 for T1.
Ethereum has formed a triangle pattern and given a breakout. The target will be around 3774 usdt .
There is also a very good divergence . The holding period would like 2-3 months or 45 days.
Sand usdt looking very bearish.
Two big points made a trend line it went straight to the resistance. And this time same may happen to it and may reachto levels 3, 2.6.
till then next time, thank you.
