GJ price is ranging in an ascending channel. Priced reversed off of resistance on August 13th. It then tested support 4 days later on August 17th. It is currently testing the Pivot Point. If breakthrough prevails, I predict potential movements towards the break & reversal of the Ascending channel. Another scenario would be price bouncing from 4HR Support &...
Bitcoin has found Ascending Support & Resistance on the Daily timeframe. Price is currently testing local Resistance turned Support. If failure to break support occurs, I think price could surpass $12,505. Creating new highs in the process. The Parabolic SAR also indicates more bullish action to come. Trading is never one-sided, so a pull back to it's support...
Short term sell for the creation of larger continuation on the daily to head higher. 3 touch ascending and we retraced at the 3rd touch, if we get the continuation bear flag then i will be entering short targeting the bottom this correction
Once AMD breaks below 81.6-4 on this 15min chart, expect a bounce-back above the ascending triangle, NASDAQ:AMD could see $82.5; 83
Good Day Everyone Here's a look at the AUDUSD pair which has been in a ascending channel hitting HH & HL and the pair just broke the previous swing high or rather HH possibly confirming a continuation of the trend and looking for this move to continue. let's see how it goes GOOD LUCK AND HAPPY TRADING...
Having achieved a bullish gartley we anticipate a bullish move ,TP illustrated by the long green arrow ,fibo retracement tracing out a good entry .
After the last idea with amazing gain XRPUSDT seems ready to have another breakout. Now the price is on weekly resistance and inside the ascending channel. IF the price will break these resistance According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have...
Good morning everyone -Yurlo Do me a favour and hit that like button if you appreciate the daily charts 👍 👍 👍 👍 👍 👍 Prior resistance will likely become the new support, now there's liquidity below 12k so a wick below is likely, however if we bounce off 12.1k I wouldn't be surprised. (0.5 fibonacci level - 11428) we ranged above this level before breaking...
2 KEY AREAS CIRCLED = POINTS OF ENTRY Here are 4 ideas for direction in the EURAUD. I'm personally long for the EURAUD. This is a clear direction due to the ascending trend on the weekly timeframe. Break above 1.655 = target area 1.665. Price respects ascending support at 1.645 = next target area of 1.655 - 1.665. Any alternative to these predictions is...
Having a bullish engulfing that will poush the price upward for towards the upper trendline serving as a resistance .
Evening Traders, Today’s analysis – AUDJPY – range trading in a rising channel, price action is approaching key resistance/ liquidity level where a rejection is probable. Points to consider, - Trend Ranging - Resistance respected (liquidity area) - Local support immediate target (market structure) - Double bearish divergence - Declining volume AUDJPY’s...
This channel was drawn a long time ago and has held up 100% (see previous posts for proof.) Do YOU think it will break up, or break down? I think up. WHY? WHEN? Look forward to hearing your thoughts.
AUDCHF is creating an head and shoulder inside an ascending channel. IF the price will break the neckline and the channel According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of...
CNDBTC creates a nice inverse head and shoulder on weekly timeframe. The price retested the weekly support and now is inside an ascending channel. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken ...
If you've been buying ATVI since my call at the beginning of the year at ~44-48, right now is a good time to add on to the position. They beat across the board on their earnings call, and the stock reacted negatively. It reached ~87.50 before bouncing off the trendline and reversing at ~79. Daily technicals show us an oversold Stochastic RSI, Volatility and...
QQQ overall has been in a bullish channel for ages. For trends to have continuous strength one of two things must occur: 1. Areas of Consolidation 2. Areas of Retracement I Currently see QQQ undergoing a level of retracement. It was at the .382 Fibonacci level at the time of me making this. But I could easily see price touch 0.5 levels before I expect a bounce...