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Keylevel

BITCOIN BEARISH NOW??!! Here will be my opinion Hi guys happy trading day today's chart will be explaining BITCOIN next move after yesterday's strong bearish push to the down side. Alot of people are panic about what is going on Bitcoin and here are some of my opinion 1)Bitcoin had a very strong push to the down side as on daily chart we can see a bearish divergence formed and for technical analysis trader or institutions they will start to dump their Bitcoin to buy at a lower price. 2) For now RSI for BITCOIN chart had touched oversold area and I am sure that Bitcoin will have a pullback before another bear push to the down side . 3) In our chart we can see that key level of 63509 meet our key level and fibo 50% hence is a sign for us retail traders to enter the market is Bitcoin tend to be continue bearish 4) Our target level for Bitcoin if is continue to be bearish will be around 58K If you guys enjoy my content please help like and comment on my sharing . Thank you guys , HAPPY TRADING DAY CHEERS!!
BINANCE:BTCUSDShort
by overbecktrading
3
Major Pairs Key Levels (Nov15 - Nov19)Hi everyone, Hope you have enjoyed the weekend. Every week, I mark weekly levels for each currency pair to see how price reacts to them. As you see in the charts, I have marked the last Week's and Last Month’s Highs and Lows for the 6 major pairs (actually they are 7 but there was no room for NZADUSD, but you can do that one by yourself as a practice) Why are these levels important to us? Because they are kind of support and resistance levels and when price approaches to them, any breakout or rejection on these levels is very important: (Lows act like support and Highs act like resistance). So, take a note for yourself and apply them on your chart to have an efficient setup for key levels. Mn : Monthly (Red Lines) , W: Weekly (Yellow Lines)
by Mahtab_Tradia
24
GBPUSD - Key LevelsTechnical Analysis; January 1st 2021 - Present. I see major resistance and support lines coloured in red, while overall current trend in 2nd half of year is down, ( psychological levels ) - major support broken in orange lines detailed round numbers, I see slight pushback coloured in green arrows. Fundamental analysis: Bank Of England decision to not change interest rates lower, as expected in times of high inflation this sent market into frenzy and a major sell off on GBP/USD. Sentiment analysis: As investors wined down heading toward holiday season, choppy waters are expected with banks in europe, stuck in gridlock over inflation and interest rates remaining same. Expect many investors to be cautious. High probability suggests a rise in precious metals and Japanese yen up to years end, 2021.
by MICHAELWINS91
1
SILVER CONFIRMED SUPPORT LEVEL 23.00Silver traded lower yesterday and today after it hit and confirmed support at 23.00. The metal remains above the prior downside resistance line taken from the high of June, and now, following yesterday’s rebound, we can draw a new short-term uptrend line taken from the low of September 29th. In this perspective, this keeps the short-term bias positive. The traders believe that the buyers will stay interested and perhaps rechallenge the 24.87 zones soon, which is marked as resistance by the high of September 3rd and lies slightly above the peak of October 22nd. A break higher would confirm a forthcoming higher high and could open the path towards the high at 226.60. If neither territory is able to halt the advance, then a break higher could see scope for extensions towards the high of June 11th, at 28.24. In order to start examining the bearish case, the traders would like to see a dip below 22.00. This will not only confirm silver’s return below both the aforementioned diagonal lines but also a forthcoming lower low on the weekly chart. The bears may then get encouraged to push the battle down to the 19.48 area, marked by the inside swing, the break of which could allow extensions towards the lows at around 18.42. Looking at our daily oscillators, we see that the RSI rebounded from near its 50 lines, while the MACD, although below its trigger line, shows signs of bottoming within its positive territory. Both indicators suggest that the white metal has started gaining upside speed again, which supports the case for some more buying in the near term. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
FOREXCOM:XAGUSD
by legacyFXofficial
Consolidation Before Market Open Signals Strong Move ComingGot a strong bullish wick on the 4hr chart, so it looks like Bitcoin is still very bullish right now. So should at least look for it to make a new higher high once it passes the 62814.64. But it's still got to break the daily zone area of 61747.33 in order for that to happen. It's very possible that it will drop again, but let's cross our fingers for the BULL contamination. BULL TP: 68132.89 with new levels added as price continues to go up. BEAR TPS: • 59603.93 • 58363.38 (monthly area, may pivot for buys here) • 57231.56 • 55777.98 • 54364.49 • 52953.39
BITSTAMP:BTCUSD
by NikaJourney
XAUUSD at a key level!Based on the chart, for XAUUSD, price reached a major support area and a rejection is about to happening but it's not completed yet! So at this moment we can have to different scenarios that we are talking below: ---------------------------------------------------------------- 1. Price rejection from the support level is completed and the price moves up 2. The rejection of price will fail and the major support area will break. Then we've to be ready to sell at the pullback. ---------------------------------------------------------------- So what do we think about the price movement right now? Currently we have more bullish bias about the next movement of price. So let's check our reasons: *************************************************** 1. We are in bullish trend ( Bullish ) 2. Price reached to the bottom of a bullish channel ( Bullish ) 3. Price reached to a support area at the moment ( Bullish ) 4. RSI(14) is in oversold area ( Bullish ) 5. It has been a strong bearish movement which lead the price to the bottom of the channel ( Bearish ) *************************************************** So based on the following scenarios we can still have bullish bias otherwise the scenario changes. However consider that these are different scenarios and we do not have enough proofs for buy or sell right now (That's why we set this analysis as Neutral ) But let us see what do you think about the next movement? up or down and why? please bring your reasons and feel free. Your idea is always valuable to us! Good luck and thanks for supporting us!
FOREXCOM:XAUUSD
by Brian_Philips