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Uptrend

ETH/USDT 1D Interval ReviewHello everyone, I invite you to a review of ETH in pair to USDT, also on a one-day interval. First of all, with the help of blue lines, we can mark the downtrend channel from which the price breaks upwards, in the longer term, we can see that the price stayed above the uptrend line, from which it has already rebounded for the second time. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and here we first have a support zone from $1780 to $1707, while when this zone does not hold the price we have a second support from $1644 to $1581, and then a strong support at $1495 . Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first significant resistance at $1921, the next resistance is at $2010 and then the third very strong resistance at $2100. As we can see, as in the case of BTC, the ETH price rebounded around the EMA Cross 200, The CHOP index indicates that most of the energy has been used. The MACD indicator indicates a return to an uptrend. On the other hand, the RSI shows a definite increase, but there is still some room left for the price to grow more.
by cryptodailyuk
EURUSD to make its 4H higher highI believe the daily momentum for this pair is still bullish. The 4H retraced to the 38.2% fib and presented a Volume bullish engulfing on top of a trendline . While I do believe the Euro is getting weaker, one more higher high or bullish push would make perfect sense considering the fact that its beneath a major resistance and had been rejected there prior. Its approaching an untested breakout zone while these daily candles aren't very strong.
Long
by DesharedPierreJr.
📈 USDJPY: Bullish Breakout Mode Activated! (triangle) 🚀📈The formation of an asymmetrical triangle pattern has caught our attention. This pattern is renowned for its ability to indicate a continuation of the prevailing trend. In this case, the triangle formation suggests that the recent uptrend in USDJPY is likely to persist. To fully grasp the significance of this setup, let's dissect the recent market dynamics. We observed two distinct phases in USDJPY's journey. First, a strong upward impulsion propelled the pair from 140 to 142. This surge demonstrated the bullish strength behind USDJPY. Next came a consolidation phase, where price oscillated around the 142 level. This period of consolidation allowed market participants to catch their breath and assess the next move. Now, we find ourselves on the cusp of an exciting development as price breaks above the previous resistance formed during the consolidation phase. The breakout from the resistance level confirms the resumption of the bullish trend. It signifies the triumph of buyers over sellers, igniting a fresh wave of optimism. The stage is set for USDJPY to continue its ascent, and astute traders will be ready to ride this upward wave. As we embark on this bullish journey, it's essential to identify our potential targets. On the chart, we have identified three significant levels: 142.500, 143.000, and 143.500. These levels represent key resistance points where price could encounter some hurdles. Remember, it's wise to lock in profits partially at each target, securing your gains along the way. So I will buy from here at the retest of the previous resistance turning support with tight stop loss. and pretty confident about this trade since the overall momentum on higher timeframe is still bullish, and also knowing that trend continuation setups have high winning rate. Feel free to share your toughts in the comments section. And don't forget to press the like button if you think this insight was helpful 🚀📈
by Thomas_Zito
1
USDJPY I Slight pullback and continuation of trend +200 pipsWelcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
3
BWA: 6% upward potential to current HH 🐂 Trade Idea: Long - BWA 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 48.28 🐿 DCA: No 😫 Stop-Loss: 45.29 (46.67 for aggressive trade) 🎯 Take-Profit #1: 51.05 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — BorgWarner is in a larger uptrend and currently finished its consolidation to the former HH (higher high), doing a liquidity grab there, and closed yesterday above it’s last LH (lower high) above the consolidation downtrend. We therefore assume that BorgWarner will at least test its current HH from the larger uptrend with possible upward potential from there. This trade is based on price action alone. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NYSE:BWALong
by LGNDRY-Capital
ORLY Long on Consolidation Break-Out🐂 Trade Idea: Long 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 922.00 🐿 DCA: No 😫 Stop-Loss: 877.99 (898.75 for aggressive trade) 🎯 Take-Profit #1: 977.59 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — ORLY is in an overall uptrend and broke the consolidation trendline with a strong candle going into a bullish consolidation inside a small range. Entry should only be made if the daily candle remains outside the consolidation range (green box) today. If it falls back wait for another break-out and daily close. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:ORLYLong
by LGNDRY-Capital