Breakout
MTNLWeekly Breakout with Huge Volumes.
Above all Key EMA.
Good for Short Term.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Keep An Eye - Consolidation - OMINFRAL📊 Script: OMINFRAL
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Engineering - Turnkey Services
Key highlights: 💡⚡
📈 Script is trading in consolidation zone, it has to give closing above 180 level to break consolidation zone.
📈 One can go for Swing Trade only above 180.
BUY ONLY ABOVE 179
⏱️ C.M.P 📑💰- 177
🟢 Target 🎯🏆 - 197
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
AVAX/USDT: 70% PROFIT POTENTIAL TRADE SETUP!!Hey everyone!
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AVAX looks decent here. Breaking out from the falling wedge-like structure in the daily time frame and currently, retesting it. Also, holding 50MA support here very well. Buy some here and add more in the dip.
Entry range:- $27-$29
Targets:- $33/$38/$42/$48
SL:- $24.5
Lev:- 2x-4x
What are your thoughts on AVAX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
MARKSANSWeekly Breakout Done.
Accumulation Done.
Huge Volumes.
Good for Short Term.
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Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
PEPE/USDT: LOOKS READY FOR A 25-30% RALLY!!Hey everyone!
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PEPE looks good here. Forming a bull flag-like structure here and trying to break it out. You can enter now or wait for a clear breakout.
Targets:- $0.0136/$0.0148/$0.175
SL:- $0.0118
What are your thoughts on PEPE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
RPGLIFERounding Bottom Breakout.
Huge Accumulation done.
Volume Buildup seen.
Above all EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
ARB ANALYSIS🔮 #ARB Analysis - Breakout 🚀🚀
💲💲 In Daily Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #ARB is trading below its crucial resistance zone and if #ARB breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.8058
📈Target Price -- $1.9358
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ARB #Cryptocurrency #Breakout #DYOR
Analyzing DYDX: Current Trends and Future Projections📅 Let's dive into today's analysis, focusing on the DYDX coin in the crypto market.
⌛️ Weekly Timeframe
In this timeframe, DYDX has experienced significant movements. Recently, it saw an upward trend reaching a peak at 24.295, which was a critical supply zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, DYDX is at a support level of 1.800 after a correction phase.
Key Levels:
Resistance: 6.861, 4.068
Support: 1.800, 1.178
📈 If DYDX stabilizes above 2.510, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 4.068. Confirmation of a new upward trend will depend on candle stability above this level.
📉 Conversely, if DYDX falls back into the range between 1.800 and 2.510, and stabilizes below 1.800, it indicates a bearish trend continuation. The next critical support level would be around 1.178.
📊 In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence.
⌛️ Daily Timeframe
🔍 On the daily chart, DYDX ranged around the 1.450 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 1.286.
Key Levels:
Resistance: 1.450, 1.590
Support: 1.286, 1.175
🧲 Given the current setup, a stabilization below 1.286 could signal another bearish wave. On the flip side, if the price moves above 1.450, it could indicate the start of a bullish trend, targeting higher resistance levels.
⌛️ 4-Hour Timeframe
📈 In the 4-hour timeframe, DYDX has pulled back to the SMA99 and reached the resistance at 1.450. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement.
Key Levels:
Resistance: 1.450, 1.590
Support: 1.286, 1.175
💥 The RSI is currently ranging between 33.26 and 40.45 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points.
Conclusion
Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
DOGE: DO NOT MISS IT HERE!Hey everyone!
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DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip.
Entry range:- $0.12-$0.13
Targets:- $0.173/$0.203/$0.274/$0.334
SL:- $0.1
What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
ETHEREUM ETF With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively.
In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as shown, I think many were caught of guard and expected any sort of volatility to come on the day of the decisions. Instead it seems many have decided to front run the decision and go long which opens up more challenges. I think ETH had priced in a rejection of the ETF at ~£3K , with how the SEC has viewed ETH and it's stance on insisting it's a security, Coinbase estimated a 30-40% chance of an approval last weekend. Now that price has risen almost as if we already have news of approval I think that should the ETF be denied we could fall straight back down to $3K area with support areas shown as targets on the chart. This would print a Bart Simpson style pattern and many Longs will be devastated.
On the other hand, Bloomberg have said that the chances of approval has gone from 25% to 75% and the chart shows this new level of optimism. If the ETF is approved I could see ETH using this current level as a base to target new local highs and close the gap on BTC dominance.
THE OPEN NETWORK (TON 4H) The Open Network (TON) is designed as a distributed supercomputer, or “superserver,” intended to provide a variety of products and services to contribute to the development of the decentralized vision for the new internet. A decentralized and open internet, created by the community using a technology designed by Telegram. With an increasing TVL and a growing ecosystem the future looks good for TON.
The TON chart is a very interesting one. Over the last few month it has performed very well despite the overall market conditions.
A near 300% increase since FEB compared to 45% for BTC, and has maintained most of its gains when compared to other altcoins.
The TONBTC chart is one of the strongest out there, massively outperforming BTC in the recent months to maintain a bullish trend.
Both BTC & USDT pairs are above the 4H 200 EMA.
CERTIK top 10 on every category ( Fundamental 80, Operational 92.19, Governance 94.73, Market 95.94, Community 95.38, Code 97.31).
My trade idea based on these points is simple:
- Flipping the 4H 200 EMA as support.
- Flipping the range MIDPOINT as support.
- Respecting the diagonal support trendline.
- After breaking out of the bearish trendline, now retesting it as support.
-The STOP LOSS comes into play once all of the above areas of support and confluence are broken, the trade is obviously invalid at this level once losing market structure, range midpoint & Key S/R level.
The overall trade R:R I feel is good at this point purely because of the clear support areas at this level. I think a lot of this trade will require BTC to behave and continue its recovery, it may be bearish for the BTC pair but not the Stable pair.
USD/JPY Forex Analysis: Key Levels and Trading Opportunities✨Welcome to my channel! Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the USD/JPY Forex pair.
⌛️ Weekly Timeframe
In this timeframe, USD/JPY has shown significant movements. Recently, it saw an upward trend reaching a peak of 161.384, which was a critical resistance zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, USD/JPY is at a support level of 151.341 after a correction phase.
📈 If USD/JPY stabilizes above 161.384, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 170.000. Confirmation of a new upward trend will depend on candle stability above this level.
📉 Conversely, if USD/JPY falls back into the range between 151.341 and 161.384, and stabilizes below 151.341, it indicates a bearish trend continuation. The next critical support level would be around 140.894.
📊 In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence.
⌛️Daily Timeframe
🔍 On the daily chart, USD/JPY ranged around the 161.616 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 154.814.
🧲 Given the current setup, a stabilization below 154.814 could signal another bearish wave. On the flip side, if the price moves above 161.616, it could indicate the start of a bullish trend, targeting higher resistance levels.
⌛️4-Hour Timeframe
📈 In the 4-hour timeframe, USD/JPY has pulled back to the SMA99 and reached the resistance at 157.746. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement.
📉 For short positions, the key levels to watch are 157.746 and 159.188, where price reactions could provide better entry points. For long positions, critical levels are 154.740 and 152.200.
💥RSI Oscillator
The RSI is currently ranging between 40.38 and 57.16 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points.
📉Summary
Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a pair you'd like me to analyze next.
IRFC Breakout Done.
Consolidation also done.
Good for Short term.
Target 190.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
NZDUSD - Selloff Acceleration on Neckline BreakThis week's open will be interesting. It'll largely be dependent on the resumption of strength of the US dollar.
The anticipated strengthening of the US dollar is supported over on this NZDUSD pair. Looking at the daily timeframe, the New Zealand dollar has shown a weakening in strength throughout the months of June and early July.
My proposed trade entry and exit targets are based on the 5-period daily ATR of 42.
Take profit: 100 pips (2x~)
Stop loss: 40 pips (1x~)
GBPUSD Breakout and Bullish Shark Pattern!I hope you’re all doing well and staying sharp in the markets. I wanted to share an interesting setup I’ve been eyeing on GBPUSD that could be a great opportunity for both new and experienced traders alike.
What’s Happening?
- Weekly Chart:
- GBPUSD has finally broken out from its sideways consolidation, which is super exciting! This breakout could mean we’re in for some upward action.
The Plan:
On the 1-hourly chart, I’ve spotted a Bullish Shark Pattern. This pattern is a fantastic tool for identifying potential buying opportunities.
- Key Level: 1.2873
- What to Do: I’m waiting for a “Magic Candle Confirmation” at this level. This confirmation will give me the green light to enter a long position.
Why This Setup is Cool:
- Breakout: The breakout on the weekly chart signals a possible trend change, which is a big deal!
- Bullish Shark Pattern: This pattern helps us pinpoint a precise entry, making our trading plan more reliable.
How to Trade It:
1. Wait for Confirmation: Don’t rush! Wait for the Magic Candle to form at 1.2873.
2. Set Your Stop-Loss: Place it just below the pattern completion level to manage risk.
Final Thoughts:
Trading can be tricky, but by using patterns and waiting for confirmations, we can make more informed decisions. Keep learning and stay patient. Good things come to those who wait (and plan well)!
What do you think about this setup? Do you have any insights or questions? Drop a comment below and let’s discuss!
Happy trading, everyone! 🚀