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Trendlinesuport

BITCOIN more correction to daily support then more gain ❌🧨Hello 🐋 based on the chart, the price is close to the descending channel resistance, resistance area and breakout of support to the downside completed 📖💡 for any other huge pump, we need more correction to the downside 💡📖 if the breakout of the first support area (25K) to the downside won't happen, we can see more gain from 25k 💡📖 but if breakout of the lower support zone(25k) be completed, we can see more correction to the downside at least close to 23k area and see more gain from 23k level 📖💡 and range candlesticks to the upside and downside before any other sharp movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
14
GUJGAS HAMMER at TRENDLINE SUPPORTThe price trading near the trendline support and price formed hammer on weekly chart and also price taking perfectly support also at the trendline and weekly RSI also at the 40 support which shows that price has momentum to go upside and price can move towards the upside levels. 👉🏻At trendline support✔️ 👉🏻Hammer at support on weekly chart✔️ 👉🏻 Weekly RSI @40 Support 👉🏻Risk reward too good✔️ 👉🏻Support at 445✔️ 👉🏻Target: 490/505/515+✔️
NSE:GUJGASLTDLong
by Jha_Nidhi
MATICUSDT Potential Bullish BreakoutMATIC is currently approaching a crucial Fibonacci level that aligns with a trendline created by higher lows. This price range has seen MOST of the recent trading activity, as shown on the chart. Therefore, there is a possibility for a bullish breakout in the near future, especially after the markets close on the weekend. The trading idea suggests buying Matic on Friday and selling it on Monday, as the weekend closure may trigger positive market sentiment and a potential price increase. However, it's important to monitor the price action and adjust the trading plan accordingly to manage the risk.
MLong
by PavlOK
AUDUSD H4Hello traders, AUDUSD is setting up for a downside move, i am waiting for price to enter in a yellow box mentioned area and looking price action there for a short position opportunity but if things doesn't go that i wanted and price break the previous lower high then i will be watching the red box resistance area for a next short opportunity. This is just analysis, not a proven trading system that would work a 100% maybe 100% work in something but in trading this sounds like unusual. i wish you good luck and good trading.
Short
by TheLoserMan
FILUSDTAccording to the price chart, it is located in the overlapping area of ​​the Fibonacci price levels. And also the price is near a static resistance and a support trend line. According to the price pattern on the chart, the price is "probably" at the end of its corrective pattern. In my opinion, this correction pattern should end between the 11th and 13th of March. And the least I expect after the correction pattern ends is for the price to rise to the top of wave A or 1. But the main targets of this price increase are respectively $20 (100% Fibonacci extension of wave A or 1 from the bottom of the corrective pattern) and $46 (162% Fibonacci extension). And finally I see $183 (Fibonacci extension 262%).
Long
by Mr_elliottt
NIFTYPSE INDEX >>MAKE OR BREAK LEVEL ??Hello to everyone NIFTY PSE INDEX Trading near all time level Of 4687 and strong resistance zone of 4380-- 4580. This zone is acted as strong resistance in past trading sessions. Price resisted number of time at this zone and slopes down towards the support zone . If price able to break this zone and ATH level than we can see new all time high level of the nifty pse index , and if price respects the resistance zone than price again slopes down. As per the chart setup , Here the higher probability of that price will breach the resistance zone and ATH level and will makes new high price. If this breakout happen than all PSE Stocks can show good momentum and can give good returns Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:CNXPSE
by Jha_Nidhi
EURUSD: Strong Trendline and RSI Divergence Signal Upside PotentThe EURUSD has experienced a pullback in February due to concerns about inflation. This concern was further highlighted by yesterday's CPI (Consumer Price Index) data, which revealed that inflation may stick around longer than expected. The release of this data has led to a boost in the USD and a bearish outlook for the EURUSD. However, despite the bearish price action, some traders are taking a contrarian view and looking for potential opportunities to buy into the pair. One factor supporting this view is the strong trendline that the EURUSD is currently approaching. This trendline has previously held, indicating potential support for the pair in the near term. If the trendline can hold, it may create a good entry point for traders looking to buy into the pair. Additionally, a printed RSI divergence on the 4-hour chart is providing a reason for cautious optimism. RSI is a popular technical indicator used to identify potential areas of overbought or oversold conditions. When the RSI diverges from price, it can suggest that the current price movement is losing momentum, potentially leading to a reversal. This could be a sign that the bearish momentum for the EURUSD may be losing steam. However, traders must also weigh the risks involved. These risks include ongoing concerns about inflation, geopolitical issues, and economic uncertainty caused by the COVID-19 pandemic. In particular, the CPI data released yesterday suggests that inflation may continue to be a concern for some time, which could create further pressure on the EURUSD. In summary, while the current market sentiment for the EURUSD is bearish, some traders are taking a contrarian view and looking for potential opportunities to buy into the pair. The strong trendline and RSI divergence are providing reasons for cautious optimism. However, traders must also consider the risks and uncertainties in the market, particularly given the concerns about inflation and the broader economic outlook.
Long
by natron
GOLD BULLISH SCENARIOGOLD is described as a safe haven against war, inflation, and banking collapse as we can see on the daily chart. The 2 fat red candles are basically 3 interest rate decisions in two consecutive days which were all hikes. Uptrend support shows signs of resuming the previously steady uptrend. The dovish comments from Powel can be interpreted as neutral, in our case here is support for that trend. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SAXO:XAUUSDLong
by legacyFXofficial
XRPUSDTHello Dear friends We are still below the downtrend line, our $0.235 support area is still intact. We have a positive RSI divergence on the daily time frame. But we must keep in mind that the momentum of the downward trend is strong. On the lower time frames, if the range of $0.3733 is consumed, the possibility of forming a downward trend is strengthened up to the range of $0.3416. But for further correction, I think yellow range orders ($0.5281) are needed. We would be happy to hear your comments
Short
by FiboTech