Let's look at the 4H chart of WAVES and find possible entry levels for buying. The price bounced from 3.40 support level. So, it's possible that price will be able to break up lines and we get a signal for opening trades. If price breaks above the downtrend line (Buy Zone), we'll have a signal for opening long trades with targets at 6.00 and 7.00 levels.
The price bounces from 853.00 support level and bounces from the support zone formed by SMA. RSI confirmed price reversal from the support level. The price diverges with RSI. The market is going to move high.
The price bounced from 57.00 and 59.00 levels. There is possible the chart to complete the cup & handle chart pattern. We have buy opportunity. If the market moves above 69.00 resistance level , it will be a signal of futher upward movement. Order execution only occurs if the price breaks the pattern’s resistance. Alternatively, wait for the price to close above...
This is the advanced triangle breakout strategy. So the price had broken the ascending triangle, it retest the previous resistance which now becomes a support and now is looking to retest level 16.00. Breaking the current trend bottom can cause to retrace to previous support / uptrend line. Don't forget to subscribe for regular updates. Thank you!
The 4h chart of Bitcoin gives some information about possible price movements. Several patterns and indicators help determine potential targets and resistance zones. We can see that the market moves around 7250.00 level. We should expect for downward movement to 6970.00 level at least. This is a support level which can stop and reverse the market. If the market...
We seem to have a descending triangle forming. The symmetrical triangle pattern on the day chart of FLOBTC offers a bullish breakout trade opportunity. If price goes over 0.000025, opens targets 0.000040 and higher.
The symmetrical triangle patterns are characterized by both rising support trend line and a falling resistance trend line . This pattern indicates a period of congestion as price ranges within a tight sloping support and resistance lines and indicates an imminent breakout. The future direction of the breakout can only be determined after the break has occurred....
There is a nice leg up on BTC today which looks impulsive so we think market may stay in uptrend. Possible scenario for BTCUSD Potential targets on the chart. Resistance Level: 6345.00$ Support Level 1: 6000.00$ Support Level 2: 5800.00$
Let's look at the 4h chart of NEO and try to spot possible price movements. We can see that price reach an important zone formed by the downtrend line and 31.8 resistance level. If price breaks the downtrend line, that we have a possible long opportunity. If price breaks support line ~26.7, we'll have a sell signal. P.S. If you think this information can be...
The price reached the price of the ascending price channel . This zone could stop and reverse the market and we saw downward movement from 6500.00 to 5800.00 level. If the price breaks the resistance level , it will be a new buy signal, we should expect upward movement to the zone between 6800.00 support level .
The price reversed from the top border and moves downward. We can spot a support zone formed by the 0.00053 support level. If the price bounces from this zone and RSI confirms price reversal, we'll have a buy signal. Stop orders must be placed below 0.00052 level.
We don't analyze this pair many times, but I noticed possible head and shoulders pattern forming on 4h chart. Head and shoulders is a reversal pattern that, when formed, signals the security is likely to move against the previous trend. Price just need to form right shoulder. Please keep watching for the updates.
The price bounces from the support zone formed by the uptrend line and 7.20 level. RSI and MACD histogram confirm price reversal. Profit targets should be near 10.00 and 11.30 levels. Stop orders can be placed below 7.40-7.50 level.
Price bounced from the level $456 and start downward movement. Now we have a situation which can't give clear direction for possible trades. I think the best way is to wait for the moment, when price breaks the trend line and open long trades or breaks the support level and open short trades.
New trading opportunity for Monero. The price is at a possible reversal zone formed by the uptrend line, 85.00 support level and Kijun line of Ichimoku indicator. Profit target is 100.00 level.
Price dropped to the uptrend line. It's a possible reversal zone. We should expect for a possible breakout. If the market breaks the uptrend line and 50.00 support level , we'll see downward movement.
The price is going to bounce from the downtrend line. RSI is going to confirm a price reversal. If the market bounces from the uptrend line, we'll have a confirmation of possible upward movement. It will be a buy signal when the price breaks the donwtrend line. After breaking the downtrend line, we got a confirmation of further upward movement. It's buy opportunity.
Stratis price reached last quarter min price and now it should bounce from it's current position. RSI confirms oversold level. We may see 15%-30% rise first, but if it goes higher, next target is ~50%. Stop orders must be at 2.55 level