Hello Trader BINANCE:COMPUSDT.P
potential double bottom, double bottom vali area if the area breaks 71.80, can keep if the nickline resistance is broken.
take profit 10%
stop loss 3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Looking at the range, and sideways short term trend, I see a higher possibility or bigger move and continuation of the trend at this level and at this price point, with use of, my new strategy that I have been getting better with and having higher wins :)
IOTX has a good chance to break in the coming time since the IOTX has at this moment, is building a view that could show interesting results soon.
We will follow IOTX for the possibility of breaking in the coming times.
Gold chart posted has a rather clear elliot wave formation in my work and cycles are in a major peak stage due 3/11 plus or minus 2.5 days look a final 5 of 5 above 2200 then it will begin a sharp decline into 4/2
According to the waves analysis we can expect that price rise again to the green zones. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
Currently in down trend.
Though Bullish Divergence has appeared on Daily TF
but 11.10 - 11.20 is a Very Strong Resistance\
However, there is a Bearish Divergence on Weekly TF
So, it should Break Above 12.50 for Trend Reversal
Crossing & Sustaining 12.85 will lead it to 14.30
Double Bottom around 10.60 alongwith a Bullish
Divergence on Daily TF can be a...
Hello Trader BINANCE:DYMUSDT.P
potential double bottom area, wait for the yellow nickline area to be broken or you can go long now.
take profit 18%
stop loss 2%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
RSI convergence on daily chart - Price action different to the the RSI trend/. RSI still above 70, but looks like buyers are starting to take profit and as RSI fall below 60-50 range, sellers will step in and push back price.
Please be informed that we should wait for the price to rise to our level and then wait for a clear reversal on the daily timeframe. Currently, we are observing strong bearish signals on the DXY, and due to the overbought condition on the DXY, the price is likely to decline further and undergo a significant correction. It is crucial to monitor the DXY rebound,...
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