Wait until price breaks Support or resistance for a new direction. Possible continue uptrend or change to downtrend.
Short it back down to $260 if we can't break, retest, & hold $275.
There no need to draw anything else in this else, We must wait until the next patterns and then we will judge the market state Sit thigh and and wait for your goat to hunt !!
Please feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support. -------------------------------------------------------------------- When we take a broader look into Bitcoin, we can see that this symmetrical triangle (or slightly ascending traingle) has held pretty nicely for the past three years (approx.) with...
Support at 1.11934 is holding very well there could be a possible rise in price as the support was hit and rejected last night. Price is still below the 200EMA thought which goes to show there could still be some Bearish bais, with all of the other EMAs in the correct formation for a bearish market. RSI hovers just below 50 which also shows bearish bais in this...
This seems like it could go two ways. If it breaks below the support then we could expect a continuation in downtrend heading to newer lows. (Red Area) Or if it breaks above resistance then we could expect the bulls to take over. (Green Area) You can set your targets to the lines in yellow if you're following. Just my analysis. Do not take my word for it.
Goodluck AAPL
Does it look bullish? This price here makes it very difficult to work out the next move to be expected. For me, it is best to be sure with some confirmation towards any direction.
We are stuck trending sideways, and I fear its for the rest of the week. I am hoping we get confirmation tomorrow. Friday trades are super risky. If you notice my two yellow trend lines fall right on the fib retracement lines. We are looking for a break beyond either one. I'm leaning neutral but expecting bulls soon. Keep in mind that there will be a huge USD...
USDJPY has been in a downtrend in recent weeks due to the current fear of a 2nd wave of the coronavirus and the impact on the global economy of the pandemic. Therefore we still hold a neutral view and we would look for the currency pair to rebound from support at around 106.6 before taking a long view.
Hello Traders. For XLM we have a very important resistance zone above 850 sats to 900 sats area The price seems to be respecting the short term uptrend line. But if we break this support I expect the price dropping for the important support level once again and continue this sideways movement. Please push like button and follow us on Tradingview. Best regard...
now if we see we r on a strong resistance and price is jumping off the 50ema blue n 200 ema black...
We've been in long sellers channel till last buyers showed their performance on last channel touch. That means channel switched from sellers to buyers side. Right now all we need is just wait and see following expectations Martin explained in video. IOTAUSD VIDEO ANALYSIS Elitefxacademy
here I see a beautiful head and shoulder pattern and if we get a c wave to the downside it might be the best setup.i'll wait for c wave conformation and sell at h&S retest. thanks
On the monthly timeframe we are below the moving averages and look as though we could be showing signs of reversal from this level! On the weekly timeframe we are overall bearish with last week forming a very bearish candle through the moving averages! On the daily timeframe we are retesting a key level of daily support! We could see potentially reversal from here...
Hello my subscribers! -The price of Euro this week has grown well and strengthened in the market. -The price should develop in the form of a cup and a handle pattern. -The price is currently at a key level, -the price will go into the "handle" and return to the same mark where it was. Good luck to you! If you liked this idea, please like and subscribe to my...