I believe the lower time-frames - 5-15 minutes - are oversold and will attempt a bounce. Support: 6041, 5852 Resistance: 6236, 6437, 6645 A bounce here would be significant if it can prevent the current lower high of 5852 from being taken out.
The price is attempting to tap into lower support zones. The price has been rising and hovering in a buffer zone around the red 2/1 Gann Fan support line, but I believe it will soon make a break down and out of this buffer zone. Support: 6236, 6041, 5852, 5669, 5581, 5133 If 5852 is broken, I believe a large bear trend will commence. Below 5133, I believe the...
Support: 6645, 6568 Resistance: 6780, 6860, 6999, 7081 I believe 7080 is a good place to take profit. Use your own t.a for confluence. Stay safe
Yellow support at 5027 broken. Next yellow support is 3942, and then 3091. Hard support is red line 2261. If that is broken = GOODNIGHT The price is also nearing the 8/1 Gann Fan line from the pivot low, which is the last fan support from the pivot low.
This is a lower t.f SCALP idea.I believe the lower t.f (1min) is oversold. The price will either become weak if the bulls fail to show up and it'll swing down or the bulls will step in. The more the price moves to the right of the Gann Fan drawn from the pivot high of the recent pump without dropping lower, the more bullish it will get. I believe that a move above...
The price is currently trying to sustain support on the 8/1 Gann Fan line from the pivot low drawn prior to the all time high. This Gann Fan was drawn from the point where it broke out of and retested the 8/1 line from the Gann Fan drawn from the pivot low prior to the move up in 2011. What's the significance? The price has already broken below the 8/1 line but...
I believe it is best to remain on the sidelines right now. In my opinion, the solid red line resistance at 6410 is equivalent to the solid red line resistance at 10550. Failure for the price to get above blue line resistance at 5923 is very bearish. Failure to get above the blue line resistance at 5923 will also lead me to believe that solid red line 6410 is the...
6410 is hard resistance. A close below it on a large t.f (daily/weekly) will most likely chase a bearish S/R flip and give more fuel to the bears. It is NOT a good idea to enter a short below the range of 6410 and 6340. In my opinion that is the best place to short if there is a rejection of 6410 (confirmed resistance). A move above 6410 = 6825 potential but may...
I believe the price will find support at 8627 in the immediate short term. It will then rise up to 9188, make a correction down to 8907, and then continue upwards to 9483. Please see my previous idea for more specific S/R.
Support: 8703 - 8677 Resistance: 1. 8933-8960 2. 9197-9224 3. 9468-9487 If the price nears 8703, I will look for other confluence to enter a long trade. I believe the price action in the next week will become very bullish. Holding any short position entered at the current level or below for more than 4 hours is very risky. Use a stop loss, always. Stay safe!
Support: 8785, 8661 Resistance: 8933, 9030, 9288 Long until daily open. Don’t short support.
Resistance: 8779 Support: 8661, 8413 Bears are back in town. Use a stop loss always.
I believe the price is still overall bullish. Support: 8700-8787 Resistance: 8887, 8933, 9141, 9197 NOTE: 8933 IS THE MAJOR RESISTANCE IN THE WAY THAT NEEDS TO BE FLIPPED INTO SUPPORT. Most important time: 09:35-11:05 UTC
8640 SUPPORT. 8677, 8785 8887, 8933 RESISTANCE The bears were unable to keep it down. I see many bull crosses on lower t.f.
The pump was unable to maintain support above 8677. Resistance: 8769, 8677 Support: 8518, 8428, 8274
Long trade. Support: 8713-8677. Resistance 8933, 9197, 9468 Target 1: 9150, Target 2: 9468 (need to evaluate the situation near 9150). Stay safe. Have patience and faith in your own charts.
The price has been grinding for the last 24 hours. Expect more of a grind until the price gets above or below a major s/r. Support: 8767, 8677, 8428 RESISTANCE 8933, 9017, 9141, 9431 I am in a lower t.f long scalp. Please use s/r to make your own decisions. Stay safe.
I am looking for a short entry. The resistance is between 8855-9017. Nearest support is 8677. A break below 8677 = 8428 and then 8186. I am a lower t.f scalper. I have identified these zones. I am flat at the moment. I will look for other confluence in my t.a before entry. I believe this will be a consolidated market until at least mid March. The price action...