BINANCE:VTHOUSDT A few days ago we looked at VET's bullish indicators. VTHO is the gas of the VeChain ecosystem, so generally if VET sees major growth in price and volume VTHO follows. Doing technical analysis on VTHO to confirm our beliefs, we see our EMA20 still trending above the EMA50. We just hit a very important point where price touched the EMA20 (first...
Going on a short buy, before price get to D resistance and retrace
Trend line on 1D is showing an ascending triangle, analysis on 1H shows that price as break a resistance and now a support and it is on a BUY due to the price action, like to retrace when it touches the resistance level, take profit and exit
Since there is a doji formation in a support area where price have tested before, and with other indicator used to confirm the trade, i went on a long position
XLM is priming for a boom! Here we see the ema20 and ema50, current price being so far above the moving averages indicates a drop incoming. We can see price pushing down to even out the with averages, and this is confirmed with a decrease in volume (see circled in pink). Once we retrace to moving averages the bulls will buy up and push us to a new relative...
Evening Traders, Today’s Analysis – NZDCHF- finding range high as resistance, a reversion to range-mid is probable, Points to consider, - Price Action Impulsive - Mid-Range Support (.382 Fibonacci Confluence) - 21 EMA Dynamic Support - Range High Resistance - Below Average Volume NZDCHF’s immediate price action is impulsive above Range Low; a retrace is...
BUY ALERT FOR NFLX ....!!! TARGET 500/520 STOP LOSS 465....!!!
Looking to get into a Short position intra day under following conditions only. 1: Break of the current 4hr trendline 2: Break of the recent low 3: Break of the 50 EMA 4: Await a re test of the break of the EMA and previous support, showing bearish PA on the 1 hr timeframe 5: Bearish confirmation of candle such as bearish engulfing, pin bar etc. These as...
Evening Traders, Today’s analysis- NEARUSDT- trading above Local S/R, a confirmed retest and hold in bullish. Points to consider, - Price action impulsive - Local S/R Support (.382 Fibonacci Confluence) - Swing High Target - RSI Bullish Control Zone - EMA Ribbon Support NEARUSDT’s immediate price action is impulsive above Local S/R, trading above these...
Potential long The confluences are looking nice, including the EMA which may potentially hit the trendline along with the FIB
So, in H1 timeframe. NEO forme a bullish pattern, but we can see continue drop in the price!!! But, we will need to take a perspective that in the purple quarer that I mark, NEO touch the EMA 200 and in any moment NEO could to change the trend and we can to be cautelous when the price touch the EMA 200 and we can see a possible change o momentum of the trend....
Materials sector has been showing relative strength. It is actually 3th in YTD performance, after 1. Technology, 2. Discretionary (Mega-cap lead sectors) Today it is resting on the 100ema, which has been supportive since march 23rd crash. This level is also coinciding with early 2020's high, as well as 4 other tests of the support; including a failed breakout,...
Evening Traders, Today’s Analysis – ETHBTC- trading at a key trade location where a pivotal move is probable. Points to consider, - Price Action Higher Low - Support Zone Confluence - EMA Ribbon Resistance - Oscillators Extended - Declining Volume ETHBTC’s immediate price action is trading on its dynamic support, maintaining higher highs and higher lows in...
Exponential Moving Average Strategy (Trading Rules – Sell Trade) Our exponential moving average strategy is comprised of two elements. The first degree to capture a new trend is to use two exponential moving averages as an entry filter. By using one moving average with a longer period and one with a shorter period, we automate the strategy. This removes any form...
Evening Traders, Today’s analysis – GBPJPY- trading under Local S/R with bearish price action, further downside probable, Points to consider, - Price action impulse - Local S/R Resistance - .618 Fibonacci & 200 EMA confluence - Low volume GBPJPY’s immediate price action is trading under Local S/R, therefore any rallies are considered bearish retests....
Aku akan tengok trend market dengan EMA50 line. Cuba tengok area 28416. Mulanya dia cross ke bawah. Sebab tu aku shorts. Kemudian sebelah malam tak sangka dia boleh cross naik pulak. Aduh jemm..
Here we have a high probability drop. CONFIRMATIONS: 1) It breaks & retest it's channel 2) Based on price action (1H candles seem to reject the buyers & wants to keep going down). 3) DXY (Dollar Index) seems to bounce up that mean the opposite for the EURUSD 4) It was forming for a drop but because USD PPI it go up to retest. 5) Market go to EMA 200 & respected...