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Supportlines

$BTC potential bear flag break down!* Was in a down trend * Has been in a potential bear flag from mid January 2022 * Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective. * Key level of support being around the $30k mark * The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k (circled area) * Key areas of support to keep in mind if you're planning on shorting: * $37.5k * $34.3k * $30k * A break below $30k may send BTC to its measured objective of ~15k.
BITSTAMP:BTCUSDShort
by HaseebKhan_90
10 years of support and ascending triangle on BTCIn the times like this where uncertainty, doubt and fear takes the market, smart money comes in and pushes the market up. After every bull market that we had since the beginning of the BTC we had consolidation phase in the shape of ascending triangle. After the first bull-run from the breakout we had 1100%, after the second 350% and if we continue that growth BTC should go up 110% after the breakout. The support line had one small fakeout because of the pandemic but it bounce right back up. The history has showed us that this is a perfect buying oportunity and i am glad that i have a chance to use it. What do you think about this support line and ascending triangles? Feel free to leave a comment. If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
BITSTAMP:BTCUSDLong
by Mladen94
10
The most important doge support and resistance linesHello dear friends, let's take a closer look at the Doge chart in daily time frame.Since May 19, 2021, a strong S1 support line has been formed, which has been rejected upwards every time the price hits it.It is possible that the price will test the S1 level once again on the way to increase.The R1 line, which used to be a strong support in 2021, has now become a strong resistance.If a daily candle is closed above the R1 line and after completing the pull back to it, it is possible to increase the price up to the R2 line.In the event of a war between Ukraine and Russia and the loss of the S1 support line, there is a possibility of a sharp drop in prices.
Long
by payamsalamir
11
BAYN: Long (end of cycle + support)Hello everyone!!! Bayer AG at the channel support. There is hope for the end of the bearish trend that began in 2015. Additionally, according to the cyclical analysis, we can see the completion of a cycle of 1610 days (or 230 weeks, or 4.5 years). The cycle was repeated 7 times: of which 5 times there was an increase in the share price and 2 times - a fall. Therefore, this time too, we can expect the price to rise at least to the slope and horizontal resistance lines - about € 79 or 70% = take profit. My stop loss is set at € 42.610 (about -12% and 3% below the last local low). As for the indicators, the background is bullish. However, there was a huge bullish gap in 1996 and it has not been closed until now .... I plan to increase my position using the pyramiding method. Not a recommendation, not advice. I wish everyone a lot of profit !! PS Bayer AG - is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include human and veterinary pharmaceuticals; consumer healthcare products; agricultural chemicals, seeds and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. Werner Baumann has been CEO since 2016. Founded in Barmen in 1863 as a dyestuffs factory, Bayer's first and best-known product was aspirin. en.wikipedia.org
XETR:BAYNLong
by Dr_Chester
1