ETC was successfully hit 63$ and has been new resistance, now etc will correction down to 58$ or more
Hello everyone. BABA has been down for 239 days from its historic high created last Oct. Now, Price has dropped to weekly key structure. From the day chart, I observed that price seems to refuse to create a lower low. That suggested that momentum is accumulating to the upside. So, price rebounded to challenge the downtrend line which BABA failed to conquer...
BITCOIN reach the bottom of range trading with a bearish trend and may break range trading.
Right here is a downward channel with price testing the support trendine. If price does not break this trendline, I expect a bullish movement back to the upper trendine (resistance). What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy...
A simple trade; Met with daily resistance from the channel's resistance line. The candlesticks are being more than generous this time by showing their act. A good short, increase the stop loss a little more if you want to be more conservative, avoid any RR below 5. Don't go for the take profit near the support channel line because the price can bounce back to...
Bearish trend line is strongly intact on the price action and RSI on the daily chart. Until this is broken....we go down. It's blood in the streets, won't last forever. Stay safe out there.
We are now around a 50% retracement level from the previous impulsive move down and coinciding with the overall trendline. Watch for bearish candles on the LTFs for possible short opportunities.
460 major resistance let me know what you guys think
D1 : Yesterday's price action triggered a hammer ! Unfortunately, lack of momentum did not offer further support for a reversal upside continuation. Indeed, today's ongoing price action is rather showing the opposite, current price action should, of course, be confirmed by the closing level at the end of the day. Today's closing will be very important because it...
We could really see a downward move on the Grandfather Coin into $40K by early May. Real traders play the chameleon.. Bear/Bull belongs to the charts.
The overall TREND is DOWN ! The close under $66.16 has put the market in WEAK Position ! STRONG SELLING under $64.55 could trigger acceleration into $62 range!
I am not certain that the Euro is ready for Bullish bounce in the nearest future as a continuous rejection of Supply zone and Key level since the beginning of the month remains an emphatic sign of a Bearish bias. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand |Trendline Observation: i. Bearish Trendline: The visual...
Finally, price is coming back to my pre-marked key zone on daily with flip and downtrend line. On 60m chart, bull flag structure has been formed. I need gold to break the key level of bull flag and look for pullback short opportunity, otherwise the bullish trend continues. I will switch to bullish long setups(target 1820) Set the alert and wait for the activation.
Those who trusted treasury bonds have lost this trust, we can think of Asians who are the largest holders of treasury bonds. The interest rate can only go up and up we can expect easy money. The weekly chart shows a significant bearish trend that may have room to extend. Don't try to surf, just sell and wait.
The interest rate can only go up and up, we can expect easy money. The weekly chart shows a significant bearish trend that may have room to extend. Don't try to surf , just sell and wait. others markets ( stock indices , commodities, and currencies) will be volatile and quite difficult to trade, while the bonds market have only one trend : the south.
will continue the downtrend RR ration - 1:2 iDEA of THE FOREX TRADER CLUB (TFT_CLUB)
It has broken the important support of 385 and has closed to the lower levels. It has also crossed the trend line. Since there was a gap from 360-383. It is ready to fill in the gap. With overall Banknifty falling, problems ahead for SBIN
D1 : Cluster remains around the psychological level of 50000. Indeed, this level coincides with both, the current level of the downtrend line resistance and with the Mid Bollinger Band.(49925) Therefore, a move and a D1 closing level above 50000 could change the current bearish mode to a bullish one. Wait today's closing for...