Getting a little dicey going down into the 1 hour chart here. Looks like we have LINKETH going for a 3rd bounce of the bottom of the channel. 50 day MA and ICH cloud seem to be acting as resistance. The next day might give an opportunity for a short position. Time will tell. Not financial advise, so its not.
#Asianpaint:- There is bullish divergence between price & it's RSI. Price perfecttly following the upward trendline and again taken support at trendline & Moving toward upside. The price respected the support level and persisted itself at the support level . The market is pulling back after testing the resistance and impulse move. I expect growth from the support...
Jerome Powell gave good momentum in the market yesterday. I do not think this is enough to breakout of the bear trajectory. Market went emotional and soon reality will resurface. Inflation and interests are still high. Macro economics are not favourable. Money is still getting sucked out of the market. As time goes by, people have less money to invest because of...
Following are two strong support/resistances for the upcoming trading strategy for investors.
Even after a strong bullish candlestick pattern, the Euro could not keep itself afloat on the bull rally which has finally concluded with the bears pulling the price down previous lower-low of the rally.
Possible buy set up at 1H key zone, after a break and retest with a strong Bullish rejection candle at the 2H time interval
Level of interest marked on chart. Confluences - TRENDLINE TOUCH, FIB 50%, EMA, STRONG RESISTENCE LINE.
I expect this will get very bad before getting even badder and then better before getting really really better again. There will be red and green bars and lines and numbers at some point throughout the day, so buy if you want or sell. I am not a financial advisor.
According to how bitcoin moves, it must break through a support then retrace back to it in order to confirm the trend. Here we see bitcoin dropped past $39,200 support and has finally touched it again to close in the hourly. In this situation I am entering bearish trade position. I see a bear flag on the hourly, please comment below if you have further insight or...
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help . 📊 #ENJUSDT ( ENJIN Coin ) 💹 Time Frame : Daily 🔵 Personal Opinion : HODL 👤 Saeid.Mahbob 📅 01.15.2022 ❤️ If you apperciate my...
Eth looks like it's trading at the top of a wide, upward sloping, channel. The 20, 50, and 200 day moving average are all spaced apart and pointing upward confirming the uptrend, but the bearish divergence in the MACD is concerning. It's going to be interesting to see if price breaks above the tend-line into higher highs, or if it returns to the support trend line...
In 4hr timeframe , asian paints had given a breakout at 3179.85 , after waiting for retest , now we can expect the market to go up .
Something very interesting is forming on the BTCUSD chart. However, it is all a matter of perspective. So lets take a few looks into what we might be seeing in front of us. . BTCUSD appears to be in a falling wedge pattern at the moment, seen by the white lines. Traditionally, this indicates a bullish reversal for price action with a price target marked out by...
Idea for Nokia: - LLR Elliot Wave determined for a speculated bullish rally. - Double Bottom/Wyckoff Spring setup. - ADX and trend showing strength, almost enough to confirm non-noise relevance: GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions...
Jerome Powell has suggested inflation is "likely to rise as the economy recovers". The question is, will BTC be seen as a inflationary hedge spurring up demand in the near term? Or, will we meet the red resistance line and face rejection? Lets see, but overall, economic circumstances as well as tastes and preferences have shifted and we are relatively early in...
CAKE/USDT - descending broadening wedge projection
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With the travel industry quite franky on its arse, but the egarly anticipated holidays everyone's waiting to go on, TUI with record booking numbers surely its poised for a break out?