Hello Tradersss :)) here we are just waiting for the price to touch the supply area at 0.92818 and I personally use price action as confirmation and don't forget to take care of your money management..:)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
Breakout above falling wedge TL will confirm trend reversal. Measured move correction is completed on Ukraine invasion. Expect 0.50 - .62 Fibo pullback, briefly then rocket higher. Retest of breakout will exclude fakeout like we had on last lift (overlay). Moving up from oversold on RSI, wave trends indicating buy signal.
Hello traders! We can see a channel breakout but it looks like the market is forming a reversal pattern after a breakout. It will push up to form new Higher highs. Stoploss 0.04588(-1.8%) Target 0.04905(+5%) Suggested leverage is 10x Don't forget to hit the like button and follow to stay connected.
BNT is ranging since May 2021. Support that built at $2.66 on June was tested again one month later in the form of a fakeout. In January 2022, price passed through $2.66 and found strong resistance in the high demand zone between $2.30 – 2.08. In the 4H LTF, BNT was accumulated between 22 Jan. and 05 Feb. That in conjunction with the long tail candlesticks - in...
Crypto TOTAL market cap fell back into the price channel once more, after the current situtaion in ukraine keeps the markets on it's heels. Also that short term demand line got broken as well. Depending on how reliable the volume is in the TOTAL chart, the volume in the selloff was pretty huge as well. We might see some violent moves in the crypto market soon,...
Breakouts occur at resistance and support areas. These areas could be based on trendlines—horizontal or diagonal—prior highs or lows in the price, or chart patterns drawn on the chart. A breakout is when the price moves through a support or resistance level and keeps moving in that direction. A failed breakout is when the price moves through a support resistance...
Hi Traders, I normally don't do shorter time frames but as you can see on the 1HR of BTCUSD, the price has had lower lows and equal highs. This is obviously a symptom of an Ascending Triangle. There is one small thing that is kinda weird and that is there is one move out of the resistance line which looks like a fakeout/ liquidation station. This will break out...
Quick 13 pips on Gold. The trade: New 1h bar opened and retested previous bar's high. Entry for sells was taken when bar flipped bearish expecting pre NY open volume to continue pushing down. Stop loss 7 pips. TP 13 pips.
Gold currently at strong resistance level. If I see some rejection at this level on the higher timeframes I will be looking to DCA into Gold sells. Buys above 1816.6
As I mentioned in my previous analysis ✔️ the price has started to gain from our second support area 💣 and now the price can start correction to the downside and hit the black trend line near the support area ❌🧨 or start to gain and if it breaks the major resistance and channel resistance, hit the upper target 🚀🚀 This is not financial advice, always do your...
Based on the chart, we had fake out for the price to the downside ✔️ and now the price is above the blue trend line support once again ✔️ besides we have major support here for the price ✔️ if the price stays above the trend line and support area here we can expect gain for the price and our first target is located on the chart 🚀 This is not financial advice,...
Based on the chart here, we had a fake out for the price to the downside from our black trend line ✔️ and now again, the price stays above this important trend line after reacting to our channel support ✔️ besides here we have an important support area for Ethereum ✔️ so we expect gain for the price at leat to channel resistance 🚀 and if the price breaks the...
oil is currently is consolidation, and possibly ready to bust out. it will come back to test this trendline/fakeout of consolidation fakeout before continuation for the buy. selling to trednline, may wick down to trendline to $84.00 area. see small regular bearish divergence
Time is running out, update on my last analysis on TOTAL2. OTHERS almost reached 320B MCAP. Rejection wen?
Very important action going on. TOTAL 2 relief bounce carried by OTHERS? Small fomo coming back into the markets? TOTAL2 rejection from here OTHERS dump at 320B?
We've struggled BIG to turn this trendline into a support since late 2021. Breaking out this trendline could attract some looks certainly. If that that happened while we see some more significant volume then it could turn into the beginning of something. In my opinion trend reversal won't happen when everybody is getting bullish. Trend reversal is most...
Hey traders! As you can see on the Daily Candles of the Total Cryptocurrency Marketcap chart, we began with a Bull Flag pattern that started during summer, I believe this is somewhat of a fractal we are experiencing now. What happened during this downtrend is that we got two touches to the upper resistance line and two touches to the lower support line. During...
Hey tradomaniacs, "Asia's share markets turned negative on Tuesday as two-year U.S. Treasury yields topped 1% for the first time in almost two years with investors weighing the risks of a Fed policy rate rise as soon as March." Read more 👉 www.investing.com This is the reason why I`m concerned about the US-DOLLAR-drop from last week and have the suspicion...