Get started

Resistance_level

BTC is about to pump and here's why.In the 2 hour timeframe, we can observe BTC is very close to a support zone, and it also shows the volume is decreasing as well. This shows that sellers are getting uninterested, and will most likely switch sides. Also, this descending triangle's resistance line is dangerously close to breaking out, meaning in the near future, we can expect BTC to pump all the way to 20k. NOTE: This is not investment advice. sometimes it won’t work. Nobody has a crystal ball to predict the future. Sometimes it doesn’t work.
BITSTAMP:BTCUSDLong
by lorinstocksinvesting
1
ADAUSDT is inside a rising wedgeThe price is creating a rising wedge on the 4h resistance after a bounce on 0.4$ on the 4h support. As you can see on the left the price created an M pattern and the price retested its neckline as new resistance. How to approach it? IF the price is going to lose the current support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
2
2306 GBPUSD 4H plan to Sell, two positions to wait for signalsHello traders, GBPUSD is my second choice to sell. It is not a perfect chart to sell yet on 4h chart even though it got a double test of the lower resistace dash line already. Will check this line again in LONDON session to see any signal to open sell. Otherwise, will check higher resistance zone to see if a fake breakout happens up there to make a strong double head to sell in later sessions. GOOD LUCK ON THIS PLAN . LESS IS MORE!!!
Short
by FUNTRADER-Vera
BTC SHORT 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,894, if the support breaks, the next ones are $ 20,237, $ 19,722 and $ 19,242. Now let's move from the resistance line as you can see the first resistance is $ 21,853, if you can break it the next resistance will be $ 22,990. Looking at the CHOP indicator, we can see that in the 1 hour interval we have very little energy and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
ALPHAUSDT is testing the resistanceThe price got the liquidity below the triangle, and now the market is testing the dynamic and static resistance below the 0.5 Fibonacci level, it's a key level. How to approach it? The price needs to create a new Higher High from here, and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
BTC RETURNS AROUND $ 21,000Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving along the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,779, if the support breaks down, the next ones are $ 20168, $ 19,689 and $ 19,198. Now let's move from the resistance line as you can see the first resistance is $ 21,151, if you can break it the next resistance will be $ 22,108 and $ 23,317. Looking at the CHOP indicator, we can see that we have very little energy in the 1-day interval, while the MACD indicator shows that we have entered an upward trend.
by cryptodailyuk
BTC SHORT INTERVAL 1HHello everyone, let's take a look at the 1 hour BTC to USDT chart as you can see the price is moving along the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,761, if the support breaks, the next ones are $ 20,572, $ 20,413, $ 20,277 and $ 20,557. Now let's move from the resistance line, as you can see, the first resistance is $ 20,980 which price is currently struggling with, if it can be broken the next resistance will be $ 21,306 and $ 21,714. Looking at the CHOP indicator, we can see that some energy has been used in the 1 hour interval, but we still have another move, while the MACD indicates a local upward trend.
Short
by cryptodailyuk
DAX 30 Waiting For An Opportunity To Go LongHi Traders, Looking at the DAX today. On the Daily, we see that price has flipped from support to resistance and we are ranging between the 1245 and 1480 price levels. Dropping down to the 4-hour time frame, we can see that price is descending and broadening out. We do have divergence across the MACD which helps give a bit of confluence to some potential positive price action occurring in the near to mid-term future. I don’t typically trade these types of patterns but what I would want to see for me to validate going long is the following : An impulsive break above the top of the descending trend line A retrace with low volume to the top of the descending trend line. My target would be at the daily resistance range level around the 1480 price point. Let's keep an eye out. This is purely technical. I only trade what the charts show Trade safe out there! The Vortex Trader
OANDA:DE30EURLong
by TheVortexTrader
ETH came back above $ 1,000Hello everyone, let's take a look at the 1 day ETH to USDT chart as you can see the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 877, if the support breaks down, the next one is $ 685. Now let's move from the resistance line as you can see the first resistance is $ 1173, if you can break it the next resistance will be $ 1361, $ 1522, $ 1674 and $ 1892. Looking at the CHOP indicator, we can see that there is very little energy in the 1-day interval, but the MACD indicator shows a local upward trend.
by cryptodailyuk
1
Will BTC reverse the trend after consolidationHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,918, if the support breaks down, the next ones are $ 19,670 and $ 19,174 and $ 18,522. Now let's move from the resistance line as you can see the first resistance is $ 20,972, if you can break it the next resistance will be $ 23049 and $ 24691. Looking at the CHOP indicator, we can see that there is very little energy in the 1-day interval, while the MACD indicator shows that the blue line crosses the red one from the bottom, which may give a local upward trend.
by cryptodailyuk
DOT / USDT loklanie changes the trend to a downward trendHello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price has come above the downtrend line and back below that line. Let's start by setting goals for the near future that we can consider: T1 = $ 7.91 T2 = $ 8.29 and T3 = $ 8.77 Now let's move on to the stop loss in case of further market declines: SL1 = $ 7.60 SL2 = $ 7.38 SL3 = $ 7.16 SL4 = $ 6.86 and SL5 = $ 6.47 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a change in the local trend to a downward trend.
Short
by cryptodailyuk
The BTC price has returned above ATH from the bull marketHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price broke above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,763, if the support collapses, the next ones are $ 20,208, $ 19,671 and $ 19,169. Now let's move from the resistance line as you can see the first resistance is $ 21,176, if you can break it the next resistance will be $ 22,121 and $ 23,361. Looking at the CHOP indicator, we can see that in the 4-hour period we have more and more energy for a new move, and the MACD indicates that we are in a local uptrend.
by cryptodailyuk
WILL LUNC / BUSD BEAT THE TARGETSHello everyone, let's take a look at the 4H LUNC to BUSD chart as you can see the price is approaching exiting the channel marked with the blue lines. Let's start by setting goals for the near future that we can consider: T1 = $ 0.00005988 T2 = $ 0.00006536 T3 = $ 0.00006958 T4 = $ 0.00007394 and T5 = $ 0.00008027 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.00005115 and SL2 = $ 0.00004089 Looking at the CHOP indicator, we can see that in the 4H range we still have some energy, while the MACD indicates that we are maintaining the local upward trend.
L
by cryptodailyuk
BTC rebounded from the first supportHello everyone, let's take a look at the BTC to USDT chart on the 1 day time frame, as you can see the price is still moving below the downtrend line. Let's start with the line of support and as you can see the first support that has already bounced back once is $ 17,482, if the support breaks, the next ones are $ 11,754 and $ 8028. Now let's move from the resistance line as you can see the first resistance is $ 21,101, if you can break it the next resistance will be $ 23,133, $ 24,912 and $ 26,605. Looking at the CHOP indicator, we can see that there is no energy in the 1-day interval, and the MACD indicator confirms the downward trend.
by cryptodailyuk