The price is testing the weekly on 0.24$ support inside a descending daily channel. After the breakdown from the previous support on 0.32$ the price retested it as new resistance. How to approach? We are monitoring the price, we could see a double bottom on the weekly support. We are waiting for a clear breakout from the descending daily channel and 4h...
Since COVID-19 crisis eased around the globe from last year, we have seen a RISK ON mood in the markets thus propelling USDJPY to its recent highs! However at the moment the crisis between Russia and Ukraine has given this pair an excuse not to go higher. The safehaven status of the JPY is preventing this pair from heading higher and therefore we can assume its...
the EURUSD price is in descending channel pattern and is near to the DAILY support line 🔥 i predict a bullish move 📈 i'm waiting for support touch & breakout (buy confirmation)🧐 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Chart looks great. Measured move of the falling wedge will take price to $6. Need some big buying interest from whales
Previous rising support now turned resistance. Nonetheless there'e a possibility of a W bottom under it - should be interesting!
Hello traders! This is at the point which i call a money juntcion/ Money generator pattern. This pattern starts after the breakout of first pattern from both sides. We don't expand first pattern we will leave it like that and we will start new pattern Both trendlines starts from the peak and bottom of first breakout, Every trendline ends at the point of...
Hello,Traders! AUD-CHF was trading below a strong key level But now the pair broke the resistance Which became a support level And went up, so I am bullish now AndI think that after the pullback and retest We will see bullish continuation Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Trend, Momentum, and Volume indicators are pointing bullish - KMI looks like a laggard in the oil sector prime for a breakout Entry - Now ($18.00) 1st Target - ($19.00 - 1$19.15) Stop $17.50 Second target $22.50
#POLS/USDT TA Update:- $PolkaStarter Current price is $1.41 As per chart $POLS is bearish at this time. As per chart Formed Head & Shoulder pattern and This Pattern already broke down the Neck Line Support. So Now..? If $POLS break $1.50 level then Bullish otherwise We can see $0.5 in near future. Major level is $1.50 So If break $1.50 above then Bullish...
A breakup into all time high (ATH) on high volume is likley to be sustainable. With initial stop loss placed slightly below the breakout level @ 73.50 Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade...
#BNB/USDT TA Update:- Total Overview about This Coin:- $BNB current price is $405 Currently trading at Resistance level. $440 is resistance barrier. If break this level then we can see Upward move. If $BNB break $500 barrier then We can see $1000 also in couple of Weeks. But below $440 , I am bearish for short term. If Rejected from current level...
the price is creating a descending channel on the monthly support on the daily timeframe. The market is testing an important resistance right now on the 162$. On the 4h timeframe, we can see a breakout from the 4h dynamic resistance. How to approach? We are waiting for a breakout from the 160$ and retest the current resistance as new support. Only if the...
EOSUSD just completed fifth wave of Elliot wave pattern, hit a strong support, and Bollinger bottom band, now we are looking for it to break downtrend channel, rise up to 3.66 zone bounce back, retrace to 2.921 where fib 50% zone would be if it bounces at the 3.6 res, and it should go upwards to Targe 1 4.4 it it has a strong res in that zone also as 50% fib...
On the daily timeframe we have this beautiful ascending triangle. As we all know ascending triangle is bullish pattern and it's very high probability to break to the upside. However we may go down to retest support line before we break to the upside. The target of this pattern is 55.3K which is in perfect confluence with the golden pocket. What do you think about...
#Bitcoim Current Update: $BTC trading at $44200 Currently resistance is $44600 Now…? If Reject this Resistance then we can see $41800 support level. But If break upward then Next Target will be $51000-$52000 S:- $41800 R:- $44600
DUSKUSDT price has reached parallel channel resistance but interestingly with strong volume, is breakout on cards? It is more likely that bulls can break that level in this attempt or come down a little and try with some better strength. Let's see how price action develops.
The ACAUSDT price broke out the zone where it got rejected before, Bulls can fuel up their move by showing some positive characters. Just slightly overbought but can react positively in the coming session by retracing a little.
If you've been studying the Bitcoin chart for years you'd assume that we are in the middle of a bearish cycle that happens every few years. 1 Year Bullish 2 Years Bearish rinse and repeat every few years. However that changed in 2021 when the Bearish cycle was suppose to begin in April of 2021 and continue for 2 years and didn't happen. Minds were blown because...