rukshan2102

rukshan2102

1. Key Technical Observations: Price Breakout: The stock has broken above a critical resistance level at 122 LKR (DR). This breakout indicates strong bullish momentum in the short term. Trendline Resistance: The stock is currently testing the descending trendline resistance (black diagonal line). A clear breakout above this trendline with volume confirmation...

rukshan2102

Overview: Bitcoin has displayed remarkable strength in the past few months, approaching critical levels in its long-term ascending channel. The current price action reflects bullish momentum, but there are key levels to watch for potential corrections or continuations. Here’s my detailed analysis based on this weekly chart. Key Observations: Ascending...

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On the BTCUSD daily chart, we can observe that Bitcoin's price has been oscillating within a well-defined parallel channel. The upper trend line acts as resistance, while the lower trend line serves as support. This channel has been respected multiple times, making it a reliable indicator for future price movements. Key Observations : Resistance and Support...

rukshan2102

1. Current Trend and Price Action Uptrend: The stock is in a strong bullish trend, with consistent higher highs and higher lows evident in the weekly chart. Key Resistance Levels: The stock is approaching a critical resistance zone between 36.7 (0.618 Fibonacci level) and 38.0 (0.65 Fib level). These levels could act as barriers unless strong buying momentum...

rukshan2102

1. Observations on Fibonacci Levels Current Resistance at 0.786 Fib Level (~12,123): The index has successfully moved past several key Fibonacci retracement levels and is now approaching the 0.786 level. A confirmed breakout above this level, with a daily/weekly candle close, would further strengthen the bullish momentum. Golden Pocket (~10,969 - 11,189): The...

rukshan2102

The Fibonacci retracement levels are plotted based on the all-time high and low values, providing insight into potential support and resistance zones. The key Fibonacci levels observed on this chart are : 0.236 Level: Around 73.2, which could act as a significant resistance if the stock starts moving up from the current levels. 0.382 Level: Around 60.8, another...

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Look at the history. Bitcoin bull cycle start after Halving event & US election. So accumulation period is prior to halving event and we can sell bitcoin after 1 year from the date of US election. As of historical data, the best time to sell bitcoin will be around November, December 2025. Disclaimer : The information and analysis provided in this publication...

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Resistance Zone - 13300 to 13600 Support Zone - 11000 to 11275 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on...

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The completion of this pattern typically suggests that the market might enter a corrective phase or a new trend might begin. It’s crucial to keep an eye on the key support and resistance levels and be cautious about the potential market movements. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should...

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After a long time, BTC has been dropped with weekly candle below bottom line of Pi cycle average line. This is a bearish pattern based on the history. Now resistance is around 65000. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy,...

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Bitcoing dominance at a critical level now. If BTC.D break upper line with weekly candle, BTC will pump more and BTC will make a new ATH in 2024. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The...

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Next Resistance Level - 12.5 Support Level - 11 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...

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Next Resistance Level - 125 Next Support Level - 107 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...

rukshan2102

Staying above 50 DMA is a good sign for LIOC. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...

rukshan2102

50DMA (Green line) acting as a resistance line & 23 will be the strong support level in upcoming days. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for...

rukshan2102

📈 Stock ASIR closed at 23.9 on 31/05/2024 🔹 Resistance Level: 25 🔹 200 EMA: 24.8 🔹 Last Friday's candle: Pin Bar The recent pin bar candle suggests a potential reversal, with the 200 EMA acting as a significant resistance level at 24.8. Keep an eye on this stock as it approaches the 25 resistance level. Disclaimer: The information and analysis provided in this...

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As of 19th may 2024, BTC is trying to break resistance level at 0.618 fib level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions...

rukshan2102

JKH is consolidating in golden pocket now. It should close above golden pocket to keep bullish momentum.In next few months, Next support will be around 0.5 fib level and resistance will be 0.718 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or...