hello everyone ALGOUSDT may have a breakout to the upper channel in 4 hours timeframe; I Hate to repeat myself over and over in every analysis,but volume,trend lines and bitcoins leaving the brokers,show a possible breakout and an uptrend(possibility of breakouts are 40% and possibility of reversals are 20%). If we breakout of this level of resistance,our...
The price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$) On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it. How to approach? The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's...
Let’s discuss the price chart of the GBPJPY currency pair based on the 240 minute timeframe. From the Elliott Wave perspective, the price action appears to have completed Wave B of the corrective sequence just beyond the 78.6% Fibonacci retracement level. GBPJPY is currently progressing in Wave C down. From the Hurst Cycles perspective, the composite model line...
i can see btc weekly way in channel in long term...please write your idea in below
In recent years, $ITC.NSE has been talk of the town but on insta memes for its underperfomance. But recent rally seems to have some surprise for traders as it has crossed and closed at 267.80 which is 3 years high. Technically, momentum is strong with volumes and also it is running up towards the channel resistance of 282 above which a new DREAM rally would be...
The price is creating a channel between the demand and supply zone on 4h timeframe. on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline. on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance How to approach? - for a bullish scenario, the...
BTC breaks the downward channel with power Observing the same block sizes I used is extremely accurate. for the next block, there are 2 scenarios. either up or down but more chances are to go up. if the news were ok. #pure_PriceAction. follow for more clean content
See the picture for analysis: -Price was in a downward channel creating lower lows/ lower highs. -Price has now broken out of the downward channel and now creating higher highs/ higher lows. 2 options here; 1) wait for the price to enter the demand zones and enter on the confirmation trades. 2) buy the demand straight up.
ETH has broken its uptrend line and stabilized below it. Now we have to wait for its pullback to the broken trend line, if we see a suitable CANDEL Pattern, we will enter the selling position.
G'Day traders, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market,...
Chart is self explanatory. Don't invest and trade blindly.
the market had a breakout from the descending channel and now it's testing the static resistance on 2750. Like Bitcoin, Ethereum needs to create a new Higher Hig above 2800$ (better above 2900) with confirmations and volumes On the 4h Timeframe the price is testing the daily resistance below the 4h supply zone on 2800-2900$ How to approach? IF the price is going...
CME_MINI:NQM2022 - PR High: 13995.00 - PR Low: 13953.25 Evening Stats (As of 2:05 AM) - Gap: = N/A - Session Open ATR: 471.74 - Volume: 32k - Open Int: 181k - Trend Grade: Neutral - From ATH: -16.50% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or a prediction. Only...
BTC lost its downtrend channel, What is next? Is it a bullish sign? As you can see on the chart, BTC has lost the strong downtrend channel, This channel was directing the price from the $45,000 area to lower lows. Usually, after the break out of a major channel, A trading range will be created, This happens because Traders are making decisions to specify the...
Against Bitcoin, the daily chart shows that the Ethereum price is trading above the 9-day and 21-day moving averages around 0.071 BTC. As soon as the price crosses above the upper boundary of the channel, there is a possibility that additional benefits could be obtained in the long term and the next resistance key above 0.075 BTC is close. But, if the price begins...
Chart is self explanatory. Don't invest and trade blindly.
📊 #BTCUSDT (BITCOIN) 💹 Time Frame : 4H (Update) ➖➖➖➖➖➖➖➖ 🟡BITCOIN breaks the Bull flag pattern in the upward direction and also was able to close the Daily candle above EMA 20. This is a good sign for the market. The next major resistance is (43500$ - 44500$) area. The local support is (41000$ - 42000$) area. Let's wait for the US market to open and see...
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! KCSUSDT : A big channel and a smaller parallel channel can be seen. The price reached the upper line of the bigger channel and then reacted to the line and reversed. At the same time, we see the...