ZINC READY FOR BREAKOUT...MCX:ZINC1! trade at 270 level. Chart shows that stock ready to give a breakout on its weekly time frame. You can watch for an upside movement...
Chartanalysis
Ripple: Tug-of-war The tug-of-war between bulls and bears continued on the Ripple chart last week, with the bulls leading a small rise. The coin thus continues to trade between our two scenarios. Primarily, we expect the magenta wave (C) to fall below the support level at $0.2874. Only when the low of this movement has been established should the price turn upward on a sustained basis. If, on the other hand, there is an earlier rise above the resistance at $0.9479 (45% likely), we will already have to place XRP in the magenta wave alt.(D).
READY FOR BREAKOUT IN BANDHANBANK...NSE:BANDHANBNK trade at 206 level, Stock trade in a Triangle range since 5 Years, After breakout You can watch for a big upside movement.
JUBILANT FOOD HAVE HUGE UPSIDE MOVEMENT...NSE:JUBLFOOD trade at 670 level. You can watch for an UIpside movement upto 800+ and 900+ level.
GOING TO ALL TIME HIGH...NSE:CYIENT trade at 2130 level. You can watch for an upside movement till its ALL TIME HIGH LEVEL at 2400.
WIPRO READY TO GIVE 30 % UPSIDE MOVEMENTNSE:WIPRO trade at 550 level. You can watch it its till ALL TIME HIGH LEVEL at 720, 30% upside from current price.
Shall We See a Drop From Here before the bull trend continues?We don't have to Know What will Happen next to make money.
We have seen some big moves from last week, such as breaking the 2531 level and creating a new All-time High. With some major economic News in the pipeline, this week will be another one with high volatility. Let's see how Price action rolls out this week.
Note: (1) If the price breaks above 2585, we shall continue to ride the Bull trend.
(2) If we see a bearish Price action we shall join bears in their short-term drop to key support levels.
(3) Buying the dip shall be our long-term approach to keep riding with the Bulls.
Is DHL Group ready to break the long term triangle? 200dma is still acting as major resistance but approaching the end of the triangle. The chances might be high that breakout occur before the end of the year. 2nd quarter numbers were good. 6-6.5 billion EUR operating profit confirmed for 2024. Decent dividend of 4.5% at current prices.
Melanie Kreis, CFO DHL Group: "Thanks to our unique logistics portfolio we are well prepared for when global trade regains momentum."
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺
In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯
"First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it :
As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe.
As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀
So let's reveals more details for you dear 🐺KIUCOIN🐺 family :
In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders .
So I think there is another secret reason for us to pay attention to it :
BTC.D
As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle.
Now finally it's time to take look at the lower time frame :
As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000.
I hope you enjoy this idea dear KIUCOIN family , also always remember :
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺
Ebay: Almost there!Ebay’s shares have made impressive strides since our last update, hitting a new local high not seen in over two years. We anticipate further upside potential as wave (5) in magenta continues and expect it to arrive in our green Target Zone between $63.90 and $71.50. Once this peak has been reached, we expect a strong sell-off. Thus, our Target Zone presents an opportunity to realize the profits of existing long positions. It also serves as a potential entry point for short trades, with a possible stop loss placed 1% above the Zone’s upper boundary.
“Nasdaq Continues Its Uptrend”Expectations that the Fed will implement a 25 basis point interest rate cut next week are being maintained. This situation is perceived positively for the indices. By the end of the year, a total rate cut of 100 basis points is almost certain. The CPI and PPI data suggest that the Fed might not need to cut rates as aggressively as the market had anticipated.
Technically, if the resistance level at 19,500 is permanently surpassed, the rise could gain momentum towards the 19,700 and then 19,950 resistance levels. On the downside, if the index falls below the 19,100 level, a pullback towards the support levels at 18,800 and then 18,450 might be seen.
[INTRADAY] #BANKNIFTY PE & CE Levels(13/09/2024)Today will be gap up opening in banknifty near 52000 level. After opening if banknifty starts trading above 52050 level then possible strong upside rally of 400-500 points in index. Downside only expected if any reversal sign at 51950 level. 51550 will act a an important support for today's session. Any major downside now only possible below this level.
Is this a 3 Month higher low shaping?Considering the history of this chart after 2017, there has been only four swing patterns called higher low.
Is 49,050 the fifth?
I will be monitoring this pattern using lower time frames to find clues.
Using this 3M timeframe, we can only expect price to remain above this low swingpoint (49,050) for the rest of the year.
Prices below the current session low would negate this idea. If broken, the fast ema can potentially act as support.
MAX HEALTHCARE IN AN UPTREND CHANNEL...NSE:MAXHEALTH trade at 910 level. Stock trade in a Uptrend Channel, So you can watch for more upside move...
Repeating Pattern in PAGE INDUSTRIES...NSE:PAGEIND trade at 43200 level. Stocks shows its ready for going ALL TIME HIGH LEVEL, on the chart make a Repeating structural chart pattern. So you can watch for an Upside Move.
Ready for ALL TIME HIGH Again...NSE:HEROMOTOCO trade at 5800 level. Stock trade in Uptrend Channel, and ready for cross its own all time high level, So you can watch for an upside move...
READY FOR ROUNDING BOTTOM BRRAKOUT...NSE:ABFRL trade at 325 level. Stock chart shows that its make a Rounding Bottom pattern on weekly time frame and ready for give a breakout. So You can watch for an Upside Move at 400-450 level...
Cardano: RegenerationADA has recently recovered somewhat, meaning that our primary scenario remains unchanged. We continue to locate the coin in the magenta wave (iii), which should ensure gains above the resistance at $0.81 in the further course.
Eurnzd AnalysisI am waiting for price to confirm to my setup as i envision a bearish move all the way down. My entry will be after the break of the support level. At the moment i will still be observing price movement while waiting for the perfect entry.
VeChain: ReboundedVET was pulled back to the 78.60% retracement (at $0.0221) of our blue Target Zone (between $0.0292 and $0.0179) after our last update. From a technical perspective, the low of the blue wave alt.(ii) could now already be established and a recovery could begin. However, this scenario (35%) will only be activated if the resistance at $0.033 is broken. For the time being, we maintain that there should be a further setback to the lower edge of the zone before the coin turns around. With the low in place, a significant increase above the resistance at $0.055 should then set in.
KOTAK BANK TRADE IN A NARROW RANGE SINCE LAST 4 YEARS...NSE:KOTAKBANK trade at 1785 level. Stocks weekly chart shows that its trade in a narrow range since last 4 year. You can watch for an upside move...
Bitcoin: To the Moon? | Analyzing the '3 Market Phases'Hello everyone!
Bitcoin is currently displaying the '3 Market Phases,' and we’re transitioning from Contraction into Expansion. As long as the price holds above the lower boundary of the horizontal channel, I believe there’s a strong likelihood of continued upward momentum.
Key points:
Break below the channel: A breakdown could signal the beginning of a significant downtrend. However, if the channel holds, the uptrend is expected to persist.
Uptrend continuation: There’s a solid chance we could see a rise toward the 63K level.
This is not a buy or sell recommendation.
It reflects a personal viewpoint and is intended for reference only.
All decisions and responsibilities lie solely with you.
