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#SEI/USDT is on the verge of break downside off the Distribution range🧐
Looking for a correction to Key Zone around 0.29$📉
German speciality chemicals firm Evonik has opened its India office and a research and development centre in an area of 1,00,000 square feet in Thane, Maharashtra. ”We believe that our new office will not only facilitate greater collaboration and synergy among our team members but will also enable us to better meet the evolving needs of our customers and partners,” Evonik India President and Managing Director Vinod Paremal said in a statement.
Ramratan Wires check price action in weekly timeframe how previous resistance zone of 245 📈becomes support after breaking that resistance after consolidating for many months(Check area under rectangular formation 👇)
👉Currently this stock has broken weekly resistance at 346 after breaking this rectangular pattern in chart and is trading above 380
My target is 420/450🔥 in this stock for swing trading as stock is acting above resistance with good candle formations plus a 1k marketcap stock with huge opportunity going forward
Stoploss will be breakdown below that rectangle zone which comes near 350
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Wishing all Orthodox Christians a Happy Easter holiday 🎂
👍I have prepared a setup on 💧SUI for you
The asset, along with the entire market, was in correction, from the current ones I expect the formation of a reversal and a new wave of growth with a breakthrough at $2.18. We have a correction of the last impulse right to the 0.618 Fibonacci level, where there are also a good support of $1.05-1.08 and a trend line, from the zone we would like to see at least a rebound. The position can be built from the current ones, just in case I leave limit orders on support below $0.81-0.86 📈
🤫In the short term, I expect a correction of the drop to the level of 0.382 Fibonacci - $1.38🔍
😎In the medium term, I am waiting for a test of the 0.618 Fibonacci level, where we have a resistance of $1.69, overtrading and growth to the 1.618 Fibonacci level - $3🚀
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