Here are the updated resistance and support levels for this pair. DR1 is still there even though the price has broken that level but has not closed above yet even on 4h time frame.
Script is following bearish trend with price action retraced to Fib 0.618. There is no divergence at 1H TF. Will it hit both the TP's?
The price seems to be heading to daily support DS1. After bouncing from the daily support DS1, it went up till the 4h resistance zone 4HR1 and got rejected from there. After a pushback it again attempted towards this resistance zone only to meet the same fate. The price again got rejected from there and fell back down. It is currently trading between the...
The price has bounce from daily support DS1 and moved beyond the 4h support. It seems the price wants to head up to daily resistance DR1. This would provide a short opportunity. I think a short will be favorable from resistance zone DR1 towards the 4h support 4HS2 and may extend to daily support DS1. But lets monitor the price and we will take the trade...
Here are the levels for support for this coin pair. There is one hourly support and two 4H support level on the way before the price can hit daily support DS1 around 6.4 zone. These support levels offers the opportunity for long trades for q quick few percent gains. 1HS1 is not that relevant but 4HS1 and 4HS2 can be good levels. And DS1 is definitely a level to...
Script shows bearish divergence at 1H TF. Likely go down and hit TP1 and TP2
It seems the price wants to visit the 4h support area. A short seems favorable here till 4h support around 7.20 and a bounce shall be expected there which will provide a long opportunity.
This one seems to be heading down towards the next support which is quite a bit away. The price is trading below the support and it will lose this support if current 4h candle closes below it. The probability favors a short here towards the next support around 7.21.