Based on the laws of S/D if a market retraces more than 10% the momentum will shift, the total sum of the 2 regressive trends are 12% so the probability of Btc becoming a bearish market a perspective that we all should consider, LIKE AND COMMENT IF YOU FOUND THIS POST HELPFUL!
Will we see a breakout from this descending channel? Broke above 20sma and now we have horizontal resistance at 0,7501 and a second big and important one at 0,7795. Between them is now 200sma. So even if we can see volume increasing since 20sma breakout, it could take some time to break these resistance levels. Long entry under any of them is recommended only for...
ROSE formed ascending channel, if price come above the resistance level at 0.2, be extra careful until we get above 20 and 200sma, they act as resistance when the price is under them... indicators look bullish on 4hrs chart we could see ascending triangle forming so the upper resistance level 0,22989 is the next target to watch if get above those lower ones price...
Looks like Matic is about to test the trend line for the 3rd time. Plus there are 100 and 200 SMA's waiting to act as dynamic supports which will make a high probability trade. Happy trading!
if break up from the resistance level above, we could expect a bigger move up... SRSI high, could retest 20sma or even support zone before moving up further, If drop-down from support zone, and 200sma, we could expect more downside movement and take a short trade. SRSI looks like it wants to print death cross. Scalp traders could take short scalp trade if we...
1INCH in ascending triangle. SRSI looks bullish on 1hr chart. Printed golden cross. MACD could do it also in a few hrs. Volume decreasing, indicating that the next move is soon... We could see a possible retest of 200sma, but do not have to. The upper resistance level at 3,28 was few times the rejection zone, so be careful when the price reaches it, could do a...
Big falling wedge, bullish idea. Recently broke down from 200 and 20sma, I would be very very careful entering long under them. Usually, it indicates that the bigger downside is near. But with these micro caps, you never know... Good luck traders
stuck between 20 and 200SMA on 12hr chart, we have to wait for the result, above us is a big and very important support-resistance zone also, we came near that resistance trendline started in May, If TLM overcome these hurdles on its way up, we could see a big move up It could take some time, we got room in this triangle for almost a whole month so set...
now on breakout-resistance level AGAIN, could bounce down again, indicators high on 1hr, could roll over and pull back, on 4 and 6hr bullish, on 8h SRSI looks like it wants to print golden cross SMA 20 and 200 hourly on great position for a move up. possible symmetrical triangle forming Entry ideas on chart Good luck traders
BLZ got multiple resistance levels overhead, resistance trendline started in March, and looks like that price respects it (one bounce down since established), 200sma daily, and 0,28 level that was support and now acting as resistance. Now in this "small" falling wedge (bullish figure). SRSI is on the top and we have a chance to move down, retest 20sma, or that...
Looks like forming a falling wedge now. SRSI and RSI looks bullish on 1 and 2hr, MACD could turn up on 1hr, on 2hr still bearish looking, I was expecting that it will retest 200sma at least, on a bigger timeframe not so bullish, so this could be a short pull-back move only (scalp trade). Maybe just bearish retest of this WHITE trendline that used to be support,...
looks like it wants to break that resistance trendline starting in May, significant level .2624 is above head and 200sma also on that level, making this crucial point to get above for any chance to get more upside action. Between 200 and 20 is mostly crazy behavior for the price action, bouncing up and down few times before direction is decided. MACD is bullish,...
$FB is moving down towards a very Make or break support range that lies in between its 200SMA & the trendline that I drew on this chart. Keep it on watch.
bounced up from 200sma, if break up from resistance level and from 20sma, could be the good long scalp, if break up from that big resistance trendline, we could see a bigger move up...
Not a pretty picture for bulls right now, so far, this could only be a double top, bearish idea, If BTC doesn't shoot up soon, this support could be lost Bearish divergence on RSI and MACD histogram, right now looks like it could lose the support of that middle channel and fall into the lower one 200sma is on 46,1k and if this is lost also only bullish hope...
Now it got above 200sma and wants to get above 20sma, if these two sma holds, we could be in the start of profitable move up. Good luck traders
The S&P 500 wrapped up September lower, falling the most since March 2020. Prices took out a bearish Rising Wedge and subsequently confirmed the breakout lower. Now, the index is eyeing the 4224 - 4258 inflection zone. There could be more room to give with the 200-day Simple Moving Average still below. The line could reinforce the dominant uptrend as key...
CVC retesting 200 daily SMA, and support trendline almost 2 months long and also important support and resistance level... After this retest, we could expect a possible big move up or down, depending on the retest result... Watch this, could be profitable... Good luck traders