Short Call! BINANCE:BTCUSDT Hello! BTC has been in a consolidation phase for a while. Now, it seems like the consolidation phase has broken downward! RR=1:1 recommended! Best of Luck!
Analysis We are seeing a reset on the indicators are price is being squeezed between the 1M 20EMA and 1M 50EMA. Scenario 1: There is strong support at $1650 and it will needfind support at least 1 more time (perhaps twice) before it continues upwards to all time highs (+15) Scenario 2: If price breaks below 50EMA we could potential see a drop (-23%) with...
>Simple Triangle Pattern break-out! >High-Tension Lines are also combined inside! >Good Break of both the 20&50 day EMA's Let's Watch!!!
*It is a consolidated Support and Resistance as you all can see! *Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern. *Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear! *i.e., the ideal S-L would be around the previous week Green Candle. *Let the trend take a little retrace, then take the...
AmbujaCem broke out of 1 month of consolidation range with decent volumes. Could be bought with mentioned stoploss & targets.
Price is in a squeeze pattern, waiting for a breakout.. To confirm it is best to wait for a clear breakout of the pattern, as price is failing to break the supply region today & making a 3rd touch to the descending trend line, we could see sellers push price lower again as the first scenario as the overall trend is still bearish.
Hello everyone, I would like to share with the community my first analysis ever. First thing first I am in the process of learning, so all the feedbacks are more than welcome. --------------------- Let's start, I have been watching BTC movement very closely more than ever this bear cycle. Even more so as we are more likely to enter a recession cycle within the...
*Let it cross the 50 EMA with confident volumes in 1 DTF! *The trend may go Up-Wards or Down-Wards, because of that we are supposed to follow strict SL. *There is lot of bearish candles before in the trend, but I see something is changing in the trend! LET'S WATCH!!!
*High-Tension lines alert! *First Target is 10% just above UPPER TREND LINE as of now. *Look for bullishness and volumes if it breaks the UPPER TREND LINE in future. *SL should be put below the support of H-T Lines. *If EMA's(20&50) are broken with high volumes up-side then continue holding the stock.
The narrative for this short set up is this: When the 4hr breaks out of a consolidation zone from the 15min TF huge opportunities for high probability entries present themselves. When you see the opportunity at the beginning of the break cease the moment. You're either right or wrong. A tight SL will take care of the RISK if you're wring, But it sure feels...
NTCT is consolidating nicely at the 61.8 fib; needs more volume for the next leg up but worth keeping on watch
We have a Key Support Area with a clear consolidation, this key area, I usually allow the market to provide me a break out and pattern confirmation for entry, there is the possibility of price breaking above and creating a Bullish move towards 36k and 39k and there could be a break below as well. if we see a break below to 24k and 21k, we should not stay too long...
LPI (Laredo Petroleum Inc), an independent energy company (oil and gas). Huge consolidation within a big wedge . Weekly chart with price above Ichimoku cloud , which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100. The move could target anywhere between 146 and 208. Analysts target: 124 Trade safe.
Compressions patterns are an important one to watch for in sideways action like a bottom formation. These form as buyers gain dominance over sellers. I'd like a tighter consolidation to develop at the current resistance for lower risk for entry on the breakout.
Right now I am waiting for a brekaout from consolidation we are in. Expecting a brekaout between 09-10:00. Depending on what side we will breakout on, I will enter accordingly sells or buys.
GBP/USD - Price consolidated between 1.23800 and 1.22700 zones. Price has recently broke support zone and I expect to see move down.
Today BNB lost the crucial support zone between $303 -295. If this level had been held BNB would have had many chances to return in the consolidation area within a few days. $300 support breakout occurred in relatively high volume. Two & a half hours before the daily candle close and BNB is already fighting the next essential support at $300. Unfortunately for...