Everything is clear on the chart. The circle zone (intersection between the red and the green lines) the critical area, in which we expect the movement direction turns into a strong upward. The best confirmation candle stick formation would be the daily one. Goodluck...
ETHusd is obviously touching a very strong zone which. A new ATH is realy not far from expected. For those who get into futures possition, there is possibilitiy of price reaching the purple line (dash arrow). Goodluck...
Everything is clear on the chart. the green line was the previous broken uptrend which acted as a resistance. the purple line is the second uptrend in recent period which is broken and a pullback already is formed. a downtrend movement is expected for the next reaction. get the confirmation from 1H. Goodluck...
The price could just break the lower red line as a strong daily uptrend and after a nice pullback, the chart is bouncing on it. on the other hand this red line is intersecting with our upper line of the channel (the downtrend white channel) which cause the circle zone be formed. get the confirmation from 4H. Goodluck...
The red line is a broken S&R line which is now a very strong support. on the other hand as it's clear from the chart we can see a regular movement of the price in an uptrend green channel. considering the purple line as a S&R line and acting as a support, the intersection between the red line and our lower side of the channel and also the purple line, it seems to...
intersection zone between the green line (as a S&R line), blue zone (that is long-term zone since 2014) and the red line which is our recent daily uptrend. if the price could break it, then the yellow line is the nest platform to launch the chart up. Don't forget about tomorrows important news: CAD: BOC Monetary Policy Report CAD: BOC Rate Statement CAD: BOC...
This triangular zone is formed by three important lines bellow The yellow line: a very accurate support & resistance line which is acting as a strong support. The green line: it is the broken downtrend line which is being tried to be touched by the chart. its acting as a support. The red line: This line that is our recent uptrend line, is the last important side...
I couldnt work more on the chart cuz I worked on it in my phon. But, I think everything is clear on the chart. The red line is a strong broken uptrend which the price is in its zome after pullback. The yellow and green line are the dt line in diferent aspect. All these line make a nice intersection as a resistance zone. Get the confirmation from 4H tf. Goodluck...
the green line is our most recent daily downtrend line to which the price is getting close. The yellow line is a long-term S&R line that recently is broken in a daily timeframe and the price is just touched and now it is acting as a very strong resistance. on the other hand, we have a clear lower low and the typical resistance zone (the blue zone). all above...
intersection between the yellow, green and red lines. Yellow line: a very strong DAILY uptrend line (started from 19. Mar.20) which is broken and the price is actually bouncing on it after a pullback. so as the definition of a broken trend line, this line has the most important role here as a strong resistance. Green line: this is the 0.382 Fib retracement of the...
after the price crossed the lower line of our channel, we clearly see that pullback is doing its best. considering the daily timeframe with a very strong solid red candle, we should have our eyes on the chart to get a candlestick formation as confirmation to enter a short position if everything goes well. the second scenario is shown by the dashed arrow. The best...
considering long-term movement, the price is on an uptrend. the best entry point in this analysis is the lower circle zone if the price reaches it, which we have a nice intersection between the yellow uptrend line and horizontal red support line. the first target is marked by blue. The price movement path in order to reach the second target is indicated by a blue...
it seems a good long opportunity is facing. the green line is the uptrend which the price could touch. the best confirmation would be breaking the purple line and having pullback in a lower timeframe. good luck...
the first target would be the red line. considering the start of October(fundamental issues), hopefully, the bullish market is smiling. The next targets are the horizontal blu and green lines above. Goodluck...
Everything is clear on the chart. Confirmation timeframe 4H Goodluck...