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Bullishpattern

Advanced Entry setup on Advanced Enzyme Ltd?Advanced Entry setup for Advanced Enzyme? ABOUT Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally. FUNDAMENTAL Since we are looking at the weekly chart, it becomes very important to check the fundamentals. • Company is almost debt free. • Company has been maintaining a healthy dividend payout of 20.9% • OPM % increasing you • Cash Flow positive • FII and DII increasing shareholding. TECHNICAL • On a weekly TF, we can see a cup and handle pattern and the formation is completed. • Increasing volumes are increasing the chances of a breakout • RSI is at 60, indicating a potential buying strength and is not overbought. • Trading above 50, 100 and 200 EMA indicating bullishness. ENTRY, EXIT, TARGET, STOPLOSS - If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout. - If you are a risk averse trader then buy some at breakout and more at retest. - The safe buying zone is above 424 and little aggresive players can add above 410. - Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350. - Target 1 is 480, Target 2 is 570 Happy Trading :)
NSE:ADVENZYMESLong
by rohix
XRP Bullish Symmetrical Pattern Breakout: Potential Gains Ahead!XRP Ledger's native digital currency, XRP, operates on an open-source, permissionless, and distributed ledger that settles transactions in 3-5 seconds. It can be sent directly without needing an intermediary, making it a convenient instrument to bridge two currencies quickly and efficiently. Currently, there is significant potential seen in XRP, as it is forming a bullish symmetrical pattern over a long time frame. This pattern emerged after the downtrend starting on December 25, 2017, which lasted until 2020. During the 2021 bull run, price movements were within this pattern. It is expected that in the 2025 bull run, XRP will break this pattern’s resistance, leading to substantial gains. This pattern is likely to be completed in 2024 or 2025. XRP has a maximum circulating supply of 100 billion tokens, with approximately 55.69% of the supply currently circulating. The alt season is anticipated to begin around Q4 2024 or Q1 and Q4 2025, bringing substantial volume across the market. XRP has the potential to provide significant gains, with strong support currently at $0.4496, from where a substantial upward movement is expected. If this support level breaks, the next strong supports are at approximately $0.2474 and $0.22, where a bounce is likely. As the alt season is approaching, we expect market volume to start increasing post-October 2024, leading to noticeable market momentum. It is crucial to exit the market around Q1 or Q4 2025, as the bull run and alt season are expected to end around this time, with prices potentially near these resistance levels. Calculations indicate that XRP's bull run targets could reach a minimum of $11.56. If XRP flips the $11.56 resistance by Q1 2025, we might see maximum targets around $14.02. Prices tend to pump unexpectedly during alt seasons, and similar volatility can be expected again. However, it is important to keep trades active while observing resistance zones and to exit long positions around Q1 or Q4 2025. For more analysis like this, follow us on TradingView to stay updated with our latest ideas. Share your thoughts in the comments, and let us know if you would like an analysis of any specific coin or project. We are here to provide you with detailed insights to help you make informed trading decisions.
CRYPTO:XRPUSDLong
by Houseofcryptokings
#BTCUSDT #4h (ByBit) Falling broadening wedge breakout & retestBitcoin regained 50MA support and is pulling back to it, seems ready to pump towards 200MA resistance after. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (12.0X) Amount: 5.1% Current Price: 62917.6 Entry Targets: 1) 61920.3 Take-Profit Targets: 1) 65955.6 Stop Targets: 1) 59897.6 Published By: @Zblaba CRYPTOCAP:BTC BYBIT:BTCUSDT.P #Bitcoin #PoW bitcoin.org Risk/Reward= 1:2.0 Expected Profit= +78.2% Possible Loss= -39.2% Estimated Gaintime= 1 week
Long
by TradingOn
1
GBPUSD - Strong Rally Above 1.2675The GBPUSD has traded above the Weekly Key Price of 1.2675, establishing an uptrend in the 15-minute timeframe. Although the weekly, daily, 4-hour, and 1-hour timeframes are bearish, we focus on trading what we observe in the current timeframe. With the price trading above 1.2675 and a bullish wave structure, our action is to either buy or remain on the sidelines as long as the price stays above this key level. Buy Entry: 1.2385 Technical Stop Loss: 1.2665 Key Level Stop: Below 1.2675 Always think in probabilities.
Long
by Charts247TradingAcademy
3
A long-term bull market is likelyGreetings, Dear friends, I hope you are well and have had a week filled with successful and profitable transactions. Regarding the oil market, I believe that it has the same behavior as the gasoline market. Anyway, gasoline is one of the derivatives of oil. Now we need to examine patterns 1.2 and 1.2. We had an impulse pattern for the first wave in the larger degree and then again in the smaller degree, which did not look regular. With this assumption, I have considered a shock pattern and the second wave is a zigzag, whose price has crossed the B wave and is expanding. The price action of the impulse pattern extended by a shallow correction completes the third wave of the same level. After the completion of five waves, it is expected to wait for a corrective pattern following growth and correction. It is possible that it can be a superficial correction and the continuation of the trend will happen quickly. Note: I am a new analyst in the world of wave principles with three years of experience, and I am developing an analytical idea. There is no 100% certainty in financial markets due to the complexity of various patterns that can change. However, I do my best to back up any analysis I share with you guys with everything I've learned so far. A brief explanation of the three fundamental laws of the wave principle: 1. The second wave should never go beyond the beginning of the first wave. 2. The third wave should never be the shortest wave between waves 1, 3, and 5. 3. The fourth wave must never enter the territory of the first wave. Ralph Nelson Elliott was the founder of this theory, and when asked about his view of the market, he always referred to five waves in the direction of a larger trend and three waves against the direction it was taking. After completing an eight-wave cycle, a larger cycle is formed in the future. It's as simple as that. May his memory be cherished, and may his soul rest in the shelter of God Almighty and the eternal world. I am attaching the analysis of this market that I shared with you earlier to this current analysis. The last word of my analysis text is repetitive, except for the explanation of the current analysis, because I also trade in the financial markets and am active in my social networks, working hard to improve my skills in analysis and trading to reach my goal. I apologize for repeating the text. I welcome suggestions and criticisms, and I will certainly respond, but a logical reason is important to me. Thank you for taking the time to review my analysis, and thank you all. To all my dear friends and colleagues, first of all, I wish you health and success in your goals. Mehdi Abbasi with the nickname (Mr. Nobody)
FX:USOILLong
by mehdi47abbasi79
ETH: POTENTIAL BULL FLAG FORMATION!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! ETH is trading above the $3300 level which is quite a strong support. As you see in the chart, it is forming a bull flag-like structure in an 8-hour time frame and is currently, trading inside it. Once it breaks out from the bull flag we might see a good 30-40% rally to the upside. Also, there is positive news that the SEC could approve spot Ethereum ETFs by July 4 so this definitely gives a good boost to ETH and Alts. Entry range:- $3280-$3380 Targets:- $3900/$4200/$4600 Invalidation:- Close below $3250 What are your thoughts on ETH's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
2
BTC - Brearish trend breakout and potential for a recover."This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions." Bitcoin's current price action and the recent break into the $61,000 range are promising signs for a bullish trend. Breaking the 7 EMA (Exponential Moving Average) on the daily timeframe would indeed be a critical step in confirming this upward momentum. Here are some points to consider: 1. Good News and Market Sentiment: Positive news and sentiment around Bitcoin can significantly influence its price movement. Factors such as regulatory developments, institutional adoption, and macroeconomic trends can drive the market. 2. 7 EMA as a Key Indicator: The 7 EMA is often used by traders to identify short-term trends. If Bitcoin can break above this moving average, it could signal a stronger bullish trend and attract more buying interest. 3. Resistance at $65,000: The next significant resistance level around $65,000 would be a critical point to watch. If Bitcoin can surpass this level, it could pave the way for further gains and potentially set new highs. 4. Sustaining Above $61,800: Holding above the $61,800 level by the end of the day would be a strong indicator of sustained buying pressure and could lead to continued upward movement. While technical analysis provides valuable insights, it's important to stay updated on market news and events that could impact Bitcoin's price. Keep an eye on both technical indicators and fundamental factors to make informed decisions.
Long
by EnmiloX
a complete roadmap for SOL coinWhat happened in 2021 is very similar to what is happening now A positive pattern forms after an accumulation period Then, after breaking and retesting, a bullish rally occurs Solana is one of the largest projects ever and you deserve to own a part of it in your portfolio Entering now is a good decision, even if you are corrected a little with u Breaking the $200 resistance on the weekly frame will create a huge bullish rally for Solana best regards ceciliones🎯
by ceciliones
5
Could Altcoins Rise This Weekend? Here's What We're Watching!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated! Total2 (Altcoin Market Cap) Update: Total2, which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin, appears to have broken out of a falling wedge pattern in the 4-hour timeframe. The price is also holding above the 50-day Moving Average (50MA), which can be a sign of support. Expecting a good bounce in Alt M.cap up to $1.12T in the next few days. Keep a close eye on your favorite Alts this weekend. What are your thoughts on Total2's current price action? Do you see a bullish pattern? Share your analysis in the comments below! Thanks!
CRYPTOCAP:TOTAL2Long
by CoreCrypto1
1
PVR has reached its cheapest price ever PVR has fulfilled his overvalued price. 40% reduced from all time high and this is too much cheap in nature. DO SIP or invest doesn't matter, do whatever you want Fair value has come and we may invest now . 1st target will be around 18% and 2nd one is 28%. ENTRY PRICE 1340 TARGET 1 1590 (18%) TAEGET 2 1720 (28%) BACKUP PLAN if you will have some profits in your hand you should CREATE TRAILING GTT order to breakeven or COST TO COST entry price. don't be so greedy. see you soon
NSE:PVRINOXLong
by GaganParida
Hinduni bullish for 27/06/2024Hi fellow traders, Check out this Hindustan Unilever chart. It has taken its sweet time to retrace making a slingshot pattern (Don't know official name). I am bullish on this chart for intraday as well as for a week where my entry point will be 2450 and SL will be 2420. So, for intraday my profit is 2500. And for weekly trading it is 2700. Let me know what you feel. You too will be updated about my thoughts throughout tomorrow's trading session. Disclaimer : This is my analysis and I does not responsibility of any profit or loss executing this suggestion. Even though I will be taking the same trade tomorrow, do your own analysis. Stay tuned for such daily chart analysis.
NSE:HINDUNILVRLong
by sahasrabudhemalay
2
Frankly, I don't feel like explaining, the chart says it all !!KUCOIN:GTAIUSDT The price is still in the wedge, which means that the price can grow well after the break, also the PRZ zone is a strong support zone for the price. If the wedge breaks, the price will go up to $1.70. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2