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Rsibreakout

$DXY MACD ST IS BULLISH Bye $89 Hola $97These are my personal opinions and by no means should be considered investment advice. I am not a Licensed Trader, Do your research. Let us get straight to my charts. My Stance on this position is relatively Bullish on the Shot Term. I am Using the RSI that is indicating that we are on a path to an uptrend since 17 of December 2020. When the RSI bounced above 20 the only thing is that instead of going Higher High, We ended up going down. Then found some support at $89ish area on the 31st of December 2020. I'm now comparing the RSI levels when they were low back on March 13 2020 and it found a bottom and skyrocketed back up to low RSI levels of 17 December 2020. 4 days after it found some resistance at 91 and dropped hard and formed a shooting star if I am not mistaken on 21st of December 2020. It seems as if $DXY found support at around the $89ish and is recovering. If we would recall the dates between 14th of January 2014 to 8th of April 2018 we would see that for about 4 Years DXY Trading between $88ish and $96ish. Guess what today. 1st January 2021 $DXY is around the same levels. I am bullish on the fact that the MACD Short Term outlook is Bullish. KEYWORD SHORT TERM OUTLOOK BULLISH MAYBE LONG TERM NOT SURE YET BUT SHORT TERM. Easy cheddar Entry $89.95 TP $92.00 TP $93.00 TP $95.00 TP $97.00 Like, share, and subscribe. :)
TVC:DXY
by FrancoBlanco
2
TFUEL/USDT - major move aheadTFUEL/USDT is right at the tip of a symmetrical triangle if we look at it on the log chart and currently building support on top of the first big move (green dashed line). I lean more to the bullish side with this setup but you should also be prepared for a big move down which could move TFUEL to around .7 cents which means that you should either wait for a breakout above the trend line / a breakout on the RSI and / or place a stop loss if you enter now. It's possible to short TFUEL so it doesn't matter if you're a bull or bear, it's worth keeping an eye on this. Phenomenal risk-reward on this setup. Best of luck with your trades and let me know what you think!
by Wolfy_
6
$GRUB True Bullish Harami DailyGRUB GrubHub has just completed printing a true Bullish Harami candlestick pattern at the bottom of a downtrend. Attached link to diagram explaining the rules for the bullish harami. Large bearish candle, followed by a gap up from close bearish candle, whose body is no bigger than 25% the preceding bear candle. In addition to this pattern, the RSI has shown a breakout from its downtrend pattern and oversold conditions. This looks like a good, short term long play to me, I like the August 23rd C62.5, currently around .55 per contract. Happy hunting and GLTA!! a.c-dn.net
GLong
by UnknownUnicorn1314136
BTCUSD H1/D1 charts (3/6/2019)Good morning, traders. I have been looking for something new to point out since yesterday but haven't really found much. Price has been consolidating at the upper end of the move up from yesterday. The dark black horizontal channel gives you the local TR. A close above the top of that TR should provide the target shown which is the EQ of the upper supply zone at around $4130-$4150. My current thought is that if we get a pop up to that level, then we may see a retracement toward the EQ of the green zone on the D1 chart (around $3900) before potentially pushing through the dashed red descending resistance from the ATH. We may even have a smaller move up followed by one smaller move down. If the pop up and retracement described happens, then it is likely that we could see a pennant print which would provide a target of the 1.618 extension at around $4900-$4950 based on the height of the flagpole. Prior to that, we may see price targeting the 1.272 extension/R2 pivot on the way up ($4550-$4630) based on the height of the pennant. H1 RSI is printing a flag, and a break through the flag's resistance should send price upward toward the initial target. Buyers continue to show their interest as RSI isn't getting much of a chance to cool down. This continued pressure as price nears the ATH diagonal resistance suggests that a move through that resistance would create strong bullish momentum overall. As always, we need to see it happen, as well as follow-through. Lower targets remain the same as yesterday but I am expecting the current TR to support price at this time. Beware of a possible bullish SFP printing if there is a sudden drop and price falls below the February 27th swing low. Based on the TR, that would likely print a Spring to create liquidity and move up through the resistance at the top of the TR. If you are looking to short, then you want to see a close below that swing low, at a minimum. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSDEducation
by Chris_Inks
VTC/BTC 106% Potential gains Vtc showing some profitable future movements Trading Indicators macd shows positive growth after such a downfall, ready to attempt to retest previously failed highs rsi shows momentum gaining price is still under ichimoku cloud, but growing towards it ready to test resistance we can see the price doesn't stray far from its support line, with that said stop loss can be set tight for the least loss Trading Plan Buy in: .00039-.000044 Stop loss: .00035 10-20% depending on when you bought in Targets .0000557 26.59% .000059 34% .000062 40% .0000673 52.9% .000077 75% .000091 106%
Long
by UnknownUnicorn1853748
Simple Way to Read Oversold/Overbought Without RSIThis is how u can tell if a market is oversold (or overbought) by reading price and using our little 14EMA friend After price has a large push down (or up) like you can see in the yellow circles, it retraces up to the green circles In example 1, this yellow circle was right on the close of a huge bearish 4h engulfing. Perfect example to see how it is oversold by seeing the large gap between price and the 14 cyan coloured EMA And the following day we see this happen again in example 2. price pushes fast away from the 14EMA and therefore it needs to breath and retrace a little. No body can continuously sprint, neither can markets! "After big drop, markets must chop" Whether or not you have RSI on the charts, it is good to know when a market is oversold or overbought because nobody likes entering and seeing the trade go immediately negative, only to see it later where you thought after you closed in a loss Another cool term for a temporary up trend in an overall down trend is a dead cat bounce! This is a very very short term version considering we are looking at the 15m tf here ~ The trend is your friend and so are retracements ~
Education
by beank1
DOGE Long OpportunityThe same to Doge like other recent chart analysis we made. Falling wedge and ready to breakout after a volume increment in the following days. RSI downtrend and price downtrend already started an uptrend and RSI at 37. Just a little bit volume will begin the rally. Entry Zone : 39 - 43 sats Potential Targets : Target 1 : 46 sats Target 2 : 51 sats Target 3 : 55 sats Target 4 : 59 sats Target 5 : 65 sats Target 6 : 72 sats+ Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Long
by cryptotalk_et