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Rejection

USDJPY I Potential buy off 4 hr support Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
16
ALT M.CAP IS AT RESISTANCE! RISKY TO LONG ALTS HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this TOTAL2 aka ALT MARKET CAP update. TOTAL2 is forming a channel in daily time frame and currently hovering below the resistance line. We need a clear breakout of this resistance line to go long in Alts. Longing anything at resistance is more risky. BTC is also entered into the resistance zone of $28k-$30k level. From here we might see a decent pullback in the market. Also, we have an FOMC meeting this week. All these scenarios make this week more interesting and crucial. Don't buy anything here either wait for a pullback or wait for the clear breakout. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:TOTAL2Short
by CoreCrypto1
Bitcoin on the daily continued...As Bitcoin rejects off the key area it's following the prediction path line accurately so far over 2 weeks after the initial idea was published. The 4H 200EMA has provided support once again and on the 1D 30EMA support has held. Due to this BTC still has a good chance of progressing in the bullish trend if this structure holds. However, the overall trend switches from bullish to bearish after price falls below the 1D 200EMA & the red dotted trendline. Personally I think the chop will continue going into the weekend without any crazy news effecting the market.
INDEX:BTCUSD
by ProR35
ETH: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a big symmetrical triangle in the daily time frame and rejecting the upper resistance line. Currently, it is trading around the $1600 level. So we have two possible scenario's from here. First, a possible scenario is to get a bounce from the green support zone ($1420-$1500 range) The second possible scenario is if we break below the $1420 level then there are high chances that we revisit the lower trendline of the triangle ($1200 level) So for a bullish momentum in ETH, we need to break and hold above the symmetrical triangle. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
11
DOGE/USD- Incoming Breakout or Rejection for the Memecoin KingDOGE looks primed for a swing one way or the other within the fortnight. A break out from previous resistance would put an initial 28% target on the table however a rejection would create a far more comfortable entry price. DOGE has been very profitable for us in the past but the pricing now means much more consideration needs to go into entries. A few choice Tweets from Elon could easily push Doge back onto a tear but if looking for value I'd consider holding off and letting the trade come to you in the more realistic buy zones. As always, Just my thoughts and TA. Feedback welcomed. Bingaz.
by Bingaz
NZDCHF I Local short from resistance zone Welcome back! Let me know your thoughts in the comments! **NZDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
14
USDJPY I Short from psychological resistance zone Welcome back! Let me know your thoughts in the comments! **USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
8
SPX at Crossroads: What Next?Bull and Bear cases. Can go either way and all positions entail extreme risk at this juncture imo. IF last week's selloff TL rejection was a First Wave, THEN we going a lot lower real soon (projection in 5-EW). IF the Cup & Handle (so clear! notice line drawings) predominates, THEN look for a breakout above TL at 4k and retest with impulsive move higher. Notice the 5-EW in RSI, Friday 1/20 rally looks like a perfect Elliott wave and may be finished on short squeeze. No positions. Wait for direction! The squeeze carried index slightly above the .62 Fib retracement from edge of cup. Getting higher would be miraculous imo. NB: Descending TL now ~4k, a lower high may arrive 1/23 (4015 topped 1/18), if it rejects will be a clear signal; RSI has rejected at 70% 4x.
TVC:SPX
by DaddySawbucks
23