- 0
-
Posts
-
By tradinglounge · Posted
WIPRO – WIPRO (1D Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate degree, orange.) Mode: Motive Structure: Impulse Position: Minute Wave ((iii)) Navy. Details: Minute Wave ((iii)) Navy progressing higher within Minor Wave 3 Grey of Intermediate Wave (5) Orange against 420. Invalidation point: 420 WIPRO Daily Chart Technical Analysis and potential Elliott Wave Counts: WIPRO daily chart is indicating a progressive rally to continue higher as Minor Wave 3 of Intermediate Wave (5) continues to unfold against 420 low. Bulls are expected to remain in control as Minute Wave ((iii)) Navy is potentially extending. The stock earlier terminated Intermediate Wave (3) around 780 mark in October 2021, followed by a zigzag corrective drop through 350 levels in April 2023; marked as Intermediate Wave (4). Since then, bulls have remained in control as Intermediate Wave (5) continues to unfold. Minor Wave 1 Grey within Intermediate Wave (5) Orange was a potential impulse followed by a combination to terminate Minor Wave 2 Grey around 375 mark. If the above is correct, the stock is now progressing higher as Minor Wave 3 unfolds. WIPRO – WIPRO (4H Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate degree, orange.) Mode: Motive Structure: Impulse Position: Minute Wave ((iii)) Navy. Details: Minute Wave ((iii)) Navy progressing higher within Minor Wave 3 Grey of Intermediate Wave (5) Orange against 420. Also note that Minute Wave ((iii)) could be extending as Minuette Waves (i) and (ii) Orange might be in place with (iii) in progress. Invalidation point: 420 WIPRO 4H Chart Technical Analysis and potential Elliott Wave Counts: WIPRO 4H chart is highlighting the sub waves after Minor Wave 2 Grey completed around 380 mark in October 2023. Minute Wave ((i)) extended through 545-50 range, while Minute Wave ((ii)) terminated around 420. Minute Wave ((iii)) is now progressing and could be extending against 420 mark. Conclusion: WIPRO is progressing higher within Minute Wave ((iii)) of Minor Wave 3 of Intermediate Wave (5) Orange against 420 mark. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here! -
It's quite a potential GameFi project one could leverage on the tokens in the midst of the current market uptrend. Tho didn't have much ETH to stake in the PoolX but will sure try my best in the CandyBomb event.
-
By CryptoChamp · Posted
TRON (TRX) is drawing attention as its price fluctuates between $0.16 and $0.17. Technical indicators point to the coin being oversold, suggesting a possible price reversal. With strong community support and recent strategic partnerships, the key question now is whether TRX can break through its resistance or face a pullback. If the coin manages to overcome this hurdle, Tron price could rise to $0.195. TRON Price Overview Current Price Range: TRX is currently trading between $0.16 and $0.17 as per Coinpedia Markets. Key Resistance Level: The immediate resistance is at $0.17. If TRX can surpass this, it could target $0.18, offering a potential 6% increase. Support Levels: In a downward scenario, $0.16 and $0.15 serve as the primary support levels, which could be tested if TRX fails to break through $0.17. Technical Indicators Signal Possible Reversal Relative Strength Index (RSI): The RSI is currently at 24.44, a clear signal that TRX is in the oversold zone. Stochastic Oscillator: Sitting at 4.69, the stochastic value also indicates oversold conditions, typically a signal that buying pressure may increase. SMA Analysis: The 10-day Simple Moving Average (SMA) is slightly below the 100-day SMA, indicating short-term bearishness, although the gap is narrow, leaving room for a potential reversal. Recent Partnership with Chainlink Boosts Optimism Collaboration Announcement: TRON has partnered with Chainlink to integrate the Tron Network into Chainlink’s data feed. Impact on TRON Ecosystem: This move is expected to enhance security and reliability for TRON, as Chainlink will serve as the official oracle for the Tron Foundation. Such a partnership could attract more developers and increase TRON’s value in the long run. Community Excitement: This development has generated significant optimism within the TRON community, as it positions TRX to be a reliable blockchain option for decentralized applications. Analysts’ Take: Potential for a Bullish Breakout Crypto Jack’s Perspective: Popular crypto analyst Crypto Jack, with over 350k followers on X (formerly Twitter), highlighted that TRX appears to be forming an ascending triangle pattern. Price Projection: According to him, if TRX breaks through the resistance at $0.17, it could push the price up to $0.195. Trading Alert: Jack has advised his followers to keep a close watch on TRX, as this bullish pattern could indicate a major price movement soon. Performance Highlights: A Strong Monthly Showing Green Days: TRON has recorded 17 green days over the past month, showing solid market interest and consistent performance. Longer-Term Gains: Over the last six months, TRX has surged 31%, and it remains up by 5% in the past month despite a recent 1.42% weekly dip. RSI Caution: The 14-day RSI on the 1D timeframe now sits at 67, suggesting that TRX could be approaching the overbought zone, though this level also indicates strong buyer momentum. Outlook and Price Prediction: Aiming for $0.20? Breaking Above $0.17: If TRX successfully breaks above the $0.17 resistance, a move toward $0.18 and potentially $0.20 could be in sight. Market Sentiment: Recent buying activity and the Chainlink partnership have boosted confidence, making a Tron price prediction of $0.20 plausible if market conditions remain favorable. Monitoring Resistance Levels: Traders should watch the $0.17 level closely, as clearing this point could signal a continued upward trend for TRX.
-
Question
Guest JoL
Dear Community,
I just opened a Share dealing account. Could you please let me know how to add an ISA?
Thanks for your help!
Link to comment
0 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now