US30 FALL after second breakoutThe uptrend of the price is supported by the support of the strong line that was formed in May 2020. Also, the line of August 2020 acts as an additional support for growth. Having pushed off from the zone within their limits of 30865, the price increased and in early March was able to break through the resistance line 32359.
This is a strong line of resistance since June 2020. After the first breakout, the price fell to the line, fixed on it and bounced again. However, I expect this breakout to be false too. I expect the price to break through the 32700 line, consolidate on it and fall to the 31888 support zone.
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Us30-short
US30 good position to open a SELL TRADEAs we can see on the chart, since November 2020, the price continues to move in an uptrend, using as a guide the younger support line, which also appeared in November. Resistance is the older line formed on the chart back in July last year.
And now, after a rise from the 30819 support zone and a false breakout, the price just dropped again to the resistance line at 32616. I expect a fall from this point and this is a good position to open a sell trade! I will never tire of reminding you of the importance of SL - look for it above the resistance line around 32808.
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US30 FALL after false breakdownTwo weeks ago, during a strong growth, the price was able to break through the resistance line 32468. And it moved above the line for several days. This resistance line appeared in July 2020. However, at the end of last week, the price returned to the resistance line and dropped behind it. Thus, she returned to the uptrend, which has been going on since May 2020.
The basis of the trend is the support line formed in May. And I expect that after the breakout of the resistance - which turned out to be false - and the return to the trend, the price will continue to fall. Thus, my final target is the support line 31547.
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US30 drop to supportThe price is in a growing channel.
This channel was formed in September last year.
All channel lines also appeared in September.
In addition to the main lines - support and resistance, there is another one in the middle of the channel.
This is the support line, which is the price correction zone.
At the beginning of the month, the price broke through support at 31938.
Growth ended at resistance 33081.
I expect the price to fall back to support from resistance.
The target is 32360.
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US30 FALL from RESISTANCE line to support lineFor the entire last year, starting in March 2020, the price of the index has shown a very strong and steady growth in an uptrend. The trend is guided by the resistance line and the support line formed also in March last year. At the same time, small breakouts can be observed on the chart, but they all turned out to be false.
Now the price is at the resistance line 33031, where it rose after a reversal at the support line. And I expect that now the price will bounce off the resistance and fall back to support. So my target is 31632.
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US30 fall in trendMy last prediction came true.
After a false breakout, the price followed the trend.
It has grown from support to resistance.
The price made a false breakdown of the resistance at 32491.
But she fell again.
Now she is back on a growing trend.
I expect the price to fall towards support.
The target is 31712.
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US30 have time to open a SALE TRADEAfter last November the price broke through the support line 27593 and continued to rise, it returned to the growing channel formed by the strong lines of July and May 2020. False breakout in November was the only one for the entire existence of the trend. In the process of growth in the trend, the price came to its upper line - the resistance line - 32447.
And from this point you can open a good sell deal. I expect that from a strong resistance line, the price will reverse in the fall and come to the support line. I never tire of reminding you of the importance of SL. Look for it around 32854.
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US30 reversal from RESISTANCE line and FALLThe index price continues to move within the uptrend. The direction of this trend is the May 2020 support line and the June 2020 resistance line. The lines are at an angle to each other and intersect outside the chart.
Now the price is at the resistance line 32059. This is a rather strong line, we can see that in recent months there has not been a single strong enough breakdown on it. Therefore, I expect the price to reverse from this line and fall towards the support line. So my final target is the support line 31216.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 FALL after FIX on resistance line Since June last year, the price has been moving in an uptrend, which is guided by two diverging lines. The last few months, starting in November 2020, the resistance line has become the main line for price movement. Since the price practically does not concern the support.
Regardless, I expect that after the price has made a false breakout and reversed from the 31607 resistance line, it will fall to the 30936 support line. This will be our target.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30! POTENTIAL SELL! CORRECTION IN PLACECORRECTIONG US30 BEFORE SHOOTING UP TO THE MOON FOR NEW ATH
US30 good position to open SELL TRADEThe price continues to move in an uptrend that began to form in the spring of 2020. Since November, most of the price movement has been observed at the resistance line. Then the price dropped to support and rose again.
Now the price is exactly on the strong resistance line 31443. And this is an excellent position to open a sell trade! I will never tire of reminding you of the importance of SL. In this case, look for it above the resistance line around 31752.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 touches RESISTANCE line and FALLAfter a sharp jump in growth in November 2020, the price has maintained an uptrend and is now continuing to move in it. In this case, the guiding lines are the support line formed in November and the resistance line that appeared back in January 2020.
There is also another support line - also in January - which provides the price with a support zone, that is, the risk that the price will fall over two lines is minimal at the moment. So now I expect that after the price touches the resistance line 31772 it will fall to the support line 30777. This will be our target.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 good time to open SELL tradeAfter a strong price movement in October 2020, the price came to the resistance line 30083, bounced and fell to the support line 28839. And both of these lines became the guiding lines for the uptrend.
At the same time, the support line was formed in September 2020, and the resistance line in November. In early January, the price broke through the resistance line at point 30864, but after a slight movement above the line, it broke it again and returned to the trend.
The price repeated this movement twice more until it finally stopped within the line at point 31111. Now the price is on the line and since no breakout has been able to break the trend before, I expect that this time the price will fall towards the support line.
And this is an excellent position to open a sell trade. I will never tire of reminding you about SL - look for it above the resistance line in the region of 31461.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 fix on RESISTANCE line and FALLAfter the collapse in October last year, the price showed strong growth and in the course of this growth came to the resistance line 30099. This strong line has existed since August 2020, so it was not surprising that it stopped the price growth.
From this line the price fell to the support line 28875. And thus, in October, an upward channel began to form, in which the price is moving today.
In early January, the price broke through the resistance line - the upper border of this channel at point 30847 and for two weeks moved above this line. However, the price did not have enough strength for serious growth, the breakout turned out to be false and at the end of last week the price broke through the line again and returned to the channel.
The other day the price has consolidated on the line at point 31001 and now I expect it to fall from this line to the support line 30231.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
