lixing_gan

lixing_gan

Short term ascending support line and horizontal support, price might bounce off this level and rally up to our resistance target

lixing_gan

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lixing_gan

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lixing_gan

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lixing_gan

Price is approaching our major resistance and the resistance of our bullish channel. A drop might occur to our take profit level. We are also seeing a bearish divergence on Stochastic. There is an intermediate support level which we need to watch closely, only a breakout below the level would provide further bearish confirmation to our take profit level

lixing_gan Updated 

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lixing_gan Updated 

1. Breakout of short term ascending support line 2. Long term descending support line 3. RSI bearish exit

lixing_gan Updated 

Major support reached, this could push price up to our next major resistance at 1174.0. Stochastic is also approaching major resistance with a bullish divergence seen

lixing_gan Updated 

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lixing_gan Updated 

1. RSI approaching major resistance 2. Prices testing long term descending resistance line 3. Major support at 0.7183: Horizontal swing low support, fibonacci extension 4. Major resistance at 0.7287: Horizontal overlap, fibonacci retracement , fibonacci extension

lixing_gan Updated 

1. Major resistance at $1000.00, 50% & 61.8% fibonacci retracement , horizontal resistance overlap, round number effect 2. Major ascending support line 3. RSI bearish exit *Prices at 951.20 during time of analysis

lixing_gan Updated 

1. Long term ascending support level held and price broke out of a flat chart pattern to signal an uptrend continuation. 2. Expect prices to continue going up until it hits the 61.8% fibonacci extension level where I placed the short entry, double top formation seen 3. Take profit levels are placed slightly above major support levels and stop loss slightly above...

lixing_gan Updated 

1. Major resistance level at 0.9405 (horizontal swing high resistance, 23.6% fibonacci retracement level, 100% fibonacci extension level) 2. Prices testing ascending line, formation of a rising wedge which suggests a potential bearish signal, wait for potential breakout of the short term ascending support level - sell entry 3. Major support level at 0.9320...

lixing_gan Updated 

1. Price testing short term ascending support level, major support level at 1.38740 (horizontal swing low support, 76.4% fibonacci retracement level). Good entry should prices break out of the descending parallel channel's resistance 2. Major support level at 1.3852 (horizontal overlap support, 76.4% fibonacci retracement level, 61.8% fibonacci extension level)

lixing_gan Updated 

1. Major support level at 1.2278 (horizontal swing low support, 100% fibonacci extension level, 78.6% fibonacci retracement level) which coincides with ascending support line - buy entry 2. Major resistance level at 1.23572 (horizontal swing high support, 38.2% fibonacci retracement level, - take profit 3. RSI testing support level, Stop loss set slightly below...

lixing_gan Updated 

1. Major resistance level at 0.74120 (horizontal swing high resistance, 38.2% fibonacci retracement level) 2. Price testing descending resistance line 3. RSI bearish exit 4. Take profit level at first major support level (61.8% fibonacci extension level, horizontal swing low support, 61.8% fibonacci retracement level) and second major support level (horizontal...

lixing_gan Updated 

1. Major resistance level (100% fibonacci extension level, horizontal overlap support, 38.2% fibonacci retracement level) 2. Price testing major descending resistance line 3. Major support level (61.8% fibonacci retracement level, horizontal swing low support, 100% fibonacci extension level) 4. RSI (55) testing resistance line 5. Stochastic approaching extreme level

lixing_gan Updated 

1. RSI bullish exit, breakout of long term descending resistance line 2. Price breakout of long term descending resistance line 3. Buy entry set above major resistance level (38.2% fibonacci retracement level, 100%, 61.8% fibonacci extension level)