Channelline
BTC updateBTC regardless of what has been said in news etc. has no power to push price higher.
Every attempt to go higher meets strong bearish candle.
BTC is still trading in channel. In my opinion the BTC will try to breach 30k again in near future. It might be short lived but whatever will happen it should established some more reliable support .
This chart for time being look like perfect example from the book, fully harmonic without any sudden spikes out of proportions
BREAK ASCENDING CHANNEL, WAITING FOR SELL ORDERH4 Time Frame
Ascending channel has been broken.
Structure: Break Key level.
Bias: Downtrend
Waiting for strong candlestick confirm.
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Wish you all have a good trading day!
BTCUSDT Technical AnalysisWelcome back Traders, Investors, and Community!
Here BTCUSD on the daily time frame after the third rejection from the Support zone, we see the Bulls are in control and the market looks pretty Bullish however in the bigger picture the price has been ranging between 30032.0 and 43000.0
On the H4 after the rejection from the Support zone the price has been in the Bullish channel with a few Red candles which suggest it has the potential to go higher to the upper line of the channel and 39300.0 and eventually to the Resistance zone.
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Channel pattern in BTCUSD: move towards $33k, or towards $38k ?Market in the last 24hrs
BTCUSD remained in consolidation. Trading volume has spiked up lately.
Today’s Trend analysis
BTCUSD is likely to move in the channel pattern in the immediate short term.
Price volatility remained significantly low at approximately 0.85%, with the day's range between $35532.17 — $36808.30.
Price at the time of publishing: $36106.72
BTC's market cap: $675.64 Billion
Out of 11 Oscillator indicators, 9 are neutral, and 1 each on BUY and SELL side.
Out of 15 Moving average indicators, 13 are giving a BUY signal, and 1 is neutral.
Indicator summary is giving a 'SELL' signal on BTCUSD .
Volumes have spiked up in the past 24 hours.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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Any feedback and suggestions would help in further improving the analysis!
xrp/usdtThe bottom line of the channel, which is drawn in a 2-hour time frame, as well as the frame range, can be a support area for the price to return to the channel ceiling.
CHRUSDTCHR / USDT 4H
The "chromia" currency has had a relatively good upward trend in recent days.
As you can see in the chart, "Chr" forms a channel in the 4-hour candlestick, so it has two trends according to the market.
1- The downward trend and breaking the channel floor and correcting the price up to Fibo 61 and Near Ichimoku cloud support range, which is very unlikely
2- The upward trend, which, although it has an obstacle in its path, but its occurrence rate is higher and we can expect the price to rise to the range of 0.9.
FTI consolidation break-out!NYSE:FTI
- FTI has been trading sideways for months
- The stock is now approaching the upper end
- MACD sloping up
- RSI still room to go - not overbought
- Golden cross took place
EURUSD- 1H, trend line and channel breaking After failing to keep gains above 1.23 for four straight trading days, EUR/USD finally found acceptance above the psychological hurdle on Wednesday.
However, readers should note that the rally from the November low of 1.1602 has taken the shape of a rising wedge. The pattern comprises converging trendlines connecting higher lows and higher highs and is considered a bearish reversal pattern.
Simple, easy analysis of gold XAUUSDPeace, mercy and blessings of God
Gold is still inside the descending channel, and as I said in the previous analysis, gold is retesting
On the monthly timeframe the price failed to close above 1843.00
On the 4-hour time frame, we see that the price has rebounded from the level of 1870.06, which coincides with the first downtrend of the descending price channel.
To settle at support 1833.12
Currently we see a head and shoulders pattern
The first order is to buy if the price is able to breach 1870.06, targeting 1890.54 and 1908.61
The second matter, which is almost likely to be sold, in the event of breaking the support 1833.12, to a first target at 1807.05, and in case it is broken, we will see the important support 1778.16
Breaking the support 1778.16 will press the price to a new low at 1734.90 then 1696.04, which is the first target shown in the previous analysis on the monthly frame
Note: There is a slight possibility that the price will sideways trade between support 1833.12 and resistance 1870.06
We ask God for success
BTC LONGWe are in beautiful formation Rising channel 58 days. Its work pretty Solid we creating new Higher Hights marked AS HH and Higher Lows marked as HL. From our last update 30.11.2020 where we are perfectly hit new HL where we are right now. If we dont break our channel support line there is a huge posibility to make new HH and it will be also ne ATH for BTC price. In my opinion there is 70 % chance hit price around 20 400 and more USD in close period about 2 weeks.
NZDUSD Channel + Triangle Pattern Breakdown Not a professional just sharing my trades for rep hope its useful for someone. (Small target recommended.)
Follow at your own risk :)
HIGH RISK EURUSD SHORTEURUSD continues to make new highs on the daily chart with a huge RSI divergence, a 200pip drop is what i want to see, please not, this is not backed up by any fundamental research or anything, its purely technical and counter trend. im only highlighting it cause of the weak uptrend structure forming. please ignore that tight stop, this is only for entertainment purposes
Wait bounce from 221Istanbul indicator shows important levels for us. Channel between 221 to 245 works more than 3 time for MATICBTC. Maybe works again. Wait bounce from 221 to open long position.
