As for the daily TF we've been pushing up and we're now reaching a supply area where price could potentially react from seeing that allot of those who trade support and resistance will be looking to take shorts from there. If we go down to the 4hr to see how the structure is we can see how price failed to make a new higher high and has formed a DoubleTop (reversal...
Usdcad on the weekly timeframe has reached on a strong support and bounced off from it! on the 4h timeframes we can see price made retest facing a strong rejection! from here I think the bulls will take over! #trade wisely and apply money management.
Hello Dear Traders, Bcoz of btc dump ETH Declined 56%. This crash of eth was horrible and unexpected. now eth has reached to demand zone which is 2000$ area. i m expecting soon crypto market will retrace upper side. Eth will test 3200$ soon, whoever bought eth at higher price u can consider to exit at 3200$ zone. Higher timeframe of eth is highly bearish.
Note: I'm not trading DXY but use it to analyse other pairs. 1D TF is showing a dangerous consolidation periods which may last for another few days, after which, it could be either a golden cross or death cross formation that leads to another significant dive or a pleasant welcome back up for the dollar. It's in a psychological range around 90.000 so as long...
Double bottom bounce up and breakout trendline, waiting for pullback test the trendline to go long
Hi Friends, BNB/USDT is currently trading on big support zone, possible targets with yellow. ¡Trade Safe! Regards and Love. Engineer Alexa.
Neckline has broken, good buy postion, target profit at resistance zone.
Possible Double Bottom W shape for Bitcoin revers. Need to break blue line with volume confirmation its also can be fake out and consalidate a bit more.
* Inside a rising price channel at 4h. * Breaking an uptrend on 1h. * Form double bottom at 1h. * The general trend is up, and the secondary trend is bearish. -------- = Scenario 1 .... which is the strongest: - Breaking the neckline of 1.2169, going to 1.2141, and then rising to 1.2236. = Scenario 2 ..... and it is weak: Exceeding 1.2191 and going to 1.2293.
Nio is doing some bearish patterns around, and it must do a very good movement on Monday if it wants to go up next week. We have a head and shoulders, that wasn't triggered yet, so there's still hope for Nio. But, what if it triggers? Then the gap at 33.44 will be the target, probably. We also have the 32.61 as a second target, but I don't know if there's any...
At the moment, we enfocous more in Daily timeframe that it's look a bullish panoramic for Ethereum. s3.tradingview.com Now, in the next hours, I believe that Ethereum it's trying to make to support the level of $2,700 USD to then, maybe forming a double bottom. A double bottom it's a chartist pattern that the price make support 2 times and traders defend the...
The price's failure to cross the resistance area, thus forming a double top indicates the likelihood of a sell. We will wait and observe if the support zone is broken, where we will enter upon retest and hold as indicated.
Currently $TSLA found support at 540, where it started the rally up to 900 and it made a bounce in early March. It just hit the 540 level again to test that support. If this holds it may try another rally heading to 800, which is my target price. Any thing from 540 to 800 is a good earned money. If the support doesn't hold it may fall to 450, where it will...
PLTR is battling at the 21 price point right now. The strong resistance (previously a double bottom) is made even stronger by aligning with the descending channel that PLTR has been following for the last few months. If it can break out to the top there's room to reach back to the 24 mark, if it rejects and continues down the channel it'll see a little support...