This could create a pennant/wedge that points up or down. if it wedges up then we might lose this support. if it wedges down then maybe we have a chance since it would indicate that the levels below us are supporting nicely which would mean that there will be more momentum going up.
Hey tradomaniacs, welcome to another free signal! Important: Wait until we`ve bounced of 4.500 and violate the trend-Channel! ----------------------------- Type: Swingtrade Sell-Limit: 4.461 Stop-Loss: 4.777 Target 1: 4.000 Target 2: 3.735 Target 3: 3.221 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =)...
BTC USDT Bitfinex Latest stations ( 3050 - 2781 ) 1st reversal wave coming
Hey tradomaniacs, quick another great chance to follow the current trend. Type: Day - Swingtrade Short: 1.52 Stop-Loss@ 1.5323 Target 1: 1.50 Target 2: 1.14585 Risk-Reward-Ratio: 5.39 Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
New day on the cryptos market! What is the feeling this morning? The market has declined since the beginning of the session, as evidenced by the market capitalization, which then stood at $219 billion and now stands at $214 billion. The Bitcoin is currently evolving just above its support at $6460 after breaking the previous one at $6550. From a technical point...
This is a Big 3 Indicator trade There is a resistance level at 112.00 and 112.15 Price will either breakout long of resistance levels or bounce back short. Short trade will be taken on a 15m chart Big 3 indicator back ground will stay green with the breakout Big 3 indicator will turn red with the bounce back Short Take Profit @ 111.11 SL above 112.15
Price has entered the inner range space between the 50 sma and the 100 sma price may raise back up to the 50 sma. There it can continue long and retest high @ 1.5353 Or bounce back below the 50 sma and continue to the 100 sma Short trade Sell Stop at 1.5210 Sell Take Profit at 1.5175 I will place SL above 50 sma I will cancel short trade if price goes above 50 sma
Price has made a range pattern Price has not broken out of the range Price returning back into the range My Sell Stop is @ 1.3155 My Take Profit @ 1.3055 My SL is shown Macd is over bought Macd has crossed below red line - bearish bias
While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At...
The price could have found a low to bounce higher from. In my original chart linked below in related ideas, I said "support could be somewhere between 24550 - 24650 this week." Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700,...
It looks like the price has managed to breakout the ascending triangle over the last couple of trading days. This is a significant move outside the triangle and shows that the resistance level has been broken, as predicted in an earlier post, either the price would breakout and keep rising or the price would make its way back and bounce (the RSI is supporting the...
1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)? Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight...
BTC maintains a decent opportunity here to recover from the current healthy pullback and clear 10k. Bulls need to hold above 9k. Will they pull through? We'll have to see.
There are multiple ways to trade using the Fibonacci Retracement Tool, but one of the best ways to trade the Fibonacci is by using it with trend lines. Trading Tools for Fibonacci Trend Line Trading Strategy 1. Fibonacci Retracement 2. Trend lines Rule #1 Find a Trending currency Pair Rule #2 Draw a Trend Line Rule #3 Draw Fibonacci From Swing low to swing High...
After we have reach new highs, we fall again because of the rumors between Ripple and Coinbase After retesting my weekly support 0.82 we my see a possible bounce back to the 0.90 If we can broke the 0.90 i pretty sure we gonna see new highs
Analysis of supports/resistance, along with volume & patterns recognition. Profit taking will be done at round numbers for an increased safety.