we have possible 90% upside on iotx with the golden cross pushing us out of resistances 0.036 0.040 0.044 are the last resistances then i am targeting 0.064
Marathon Oil has staggered along with other energy stocks in recent months, and now traders may see risk of a selloff. The first pattern on today’s chart is the series of lower highs since mid-November while prices bounced at or near $26. A potentially bearish descending-triangle pattern has been the result. Second, consider how that triangle began soon after...
hbar has been looking toward higher targets with the 50 ma approaching the 200 it is just the catalyst that will push it
Onyxcoin (a.k.a. Chain) is pulling back to 200MA support after a clear bullish move and just printed an inverted hammer, looks good for more recovery. ⚡️⚡️ #XCN/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.2X) Amount: 6.9% Current Price: 0.01463 Entry Targets: 1) 0.01435 Take-Profit Targets: 1) 0.01953 Stop Targets: 1)...
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i have marked out resistance areas for after the 200 is broken like many others in the market after the 200 breaks the bulls take control
For 6 weeks, the price has been above the long-term moving average. It took over 400 days to exit the bear market. Last week, the price successfully tested and bounced off the moving averages. This is a strong support in the context of the upcoming growth fluctuations.
By Fibonacci rules we have retraced 50 % of the rise since September which is almost the August high. In November there has been a window opened. At the same time there is still an open window since May. Given the rise above the important Moving average and the failure to close the windows we may test the November highs again.
Excellent buying volume. The golden cross implies new highs of the week in which it was formed. Incipient local BTC bullish bounce + new website/utility for WSB to support price. Absolutely bullish.
Seeing a drop coming before a big move up. If 4H closes below horizontal ray support, it’ll be extra confirmation for me.
Bitcoin price is managing to stay above the previous resistance, $24300. Also, price pullback happened only up to 38.2% Fibonacci level, which we could interpret as positive, and now we look at the $26500 level as the next consolidation place.
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SNAP is presenting the same patter of bigger players like SPY, QQQ or AAPL. However SNAP is below the 200 MA that relates with a downtrend, so this plus the breakout, plus the WTO high and getting lower shows bearish power. We'll see.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . Over the last three weeks Gold had a quite strong correction, however from a weekly perspective gold was quite overextended towards the upside so this correction was not totally unexpeted. Furthermore we are currently retesting another weekly support/resistance zone, so if...
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