Price formed a double top at weekly resistance, looking at the daily timeframe price closed and rejected daily 1.08950 so there is high probability to see price drop at this level. I will be looking to sell at current price as an aggressive entry and setting my stop loss above Friday's high. trade type: swing/intra-day
A clear DT in #EURJPY Daily and confirmed it by retest the neckline.
GBP/NZD is currently at a very strong resistance zone between 2.09700 and 2.1000. At the same time, it's a rebound zone with a 61% Fibonacci level from the highest peak to the latest low. It has attempted to break through several times but hasn't succeeded so far. I expect it not to break this zone and to descend again to the support zones below at 2.06400 and...
It seems this is my fav pattern :) Well, I guess this is Double Top pattern on BYBIT:1000BONKUSDT.P chart which is formed already and is going to the target prices. Here I marked up 2 scenarios: - conservative: orange lines - optimistic: blue lines.
#OM/USDT #Analysis Description --------------------------------------------------------------- + I'm seeing clear RSI divergence pointing towards bearish price trend for the OM/USDT + Also the chart looks like the price has reached double top pattern which is a bearish pattern. + Overall there is a short trade opportunity if we trade carefully....
Breaking an important resistance with low volume retesting the broken resistance
1. Overview - Vega Protocol has been invested by lots of famous ventures: Pantera, Hashed, Coinbase Ventures,... The ICO price was so high if we compare with current cheap price. - More information: icodrops.com 2. Technical analysis - Accummulative time during two years. It is coming to the end soon. - Three bottoms. - Exchange: Kucoin. 3. Plan Entry: ~1$ TP: 3$...
#ILV doesn't have much resistance between now and WAY higher prices. Definitely can see this scenario play out If you didn't buy under $100 should you buy now? your decision ... Anyway we have a measured move that projects to $311 which I feel can be accomplished rapidly once our local high is taken out.
USDJPY is testing a key daily horizontal resistance. The price formed a double top formation, approaching that. To sell the market with a confirmation next week, let the price break and close below 148.97. It will be a strong bearish confirmation. The price will drop then at least to 148.65 level. ❤️Please, support my work with like, thank you!❤️
Jasmy sufferred some serious diluation in 2022-2023. 10% circulatio supply increase to 99% circulation suppply. The tokens is now fully diluted. Double bottomed. If there is a crypto bull run in 2024 Jasmy has a great setup for for bullish strucutre.
Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards. In this case, our transactions should be mainly short and supplemented by long, which can reduce...
Possible formation of a double top on Apple, if the neck line breaks at the October 2023 lows at 165.60 dollars the possible target could be 138 dollars. However, the daily RSI remains oversold after the minimum of 21.8 reached on March 6, 2024, one of the lowest levels ever in Apple's history.
Dollar Index may drop from a key daily resistance. I see a strong bearish confirmation on an hourly time frame. Goals: 103.19 / 103.05 ❤️Please, support my work with like, thank you!❤️
AUDCHF formed a nice double bottom, retesting a recently broken horizontal resistance. I expect a further growth on the pair now. Next goal - 0.5835 ❤️Please, support my work with like, thank you!❤️
resistance breakup with High volume , with retesting the broken resistance this coin will go up far a way
Everything looks set for FTX to pop out of the current $2.60 region to reclaim $3 and possibly higher. Few days ago I shared my larger time frame analysis which sees the price of FTX coin BINANCE:FTTUSDT going all the way back above $6. Today, I’m looking at the lower timeframes and I think the opportunity is present for traders to nibble some profits as the...