Daily chart, the stock may test support S1 then rebound to R1 (a triangle pattern). MACD is signalling some correction (downwards direction) After crossing the resistance line R (around 3.67), the target will be 5.25 - Rising Channel pattern Below S1, the stop loss.
Bitcoin has been in a sloppy rising channel for over a year. It tried 4 times to break out of the channel recently and is now back testing the bottom of the channel. If it closes below the channel on the daily, look for Bitcoin to fall to the support zone which is around $30,000. It's also the midline of a long term VWAP. Selling volume is much stronger than...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. Let's make it simple. Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.) If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500. Many analysts are predicting a sell-off after the...
By using technical analysis alone on monthly time frame, this lower high and lower low would need to be invalidated for btc not to spiral down this parallel channel into nothingness. Double bottom support with a wick to 12k for launch of btc into new ath?
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
OANDA:NZDUSD is testing strong support at 0.6086, but the market is not forming a logical bounce or reversal. The price continues to test the support, which reminds us of the "Flag" pattern, the essence of which is the continuation of the movement. On the daily timeframe I marked the key level 0.61038. A false breakout is formed and there is no logical...
TVC:DXY (U.S. Dollar) Up, AMEX:SPY (S&P 500) Down: This relationship seems to be on track again. The parallel uptrend continues for the DXY, with the DXY making a bullish move today. A break above 103.57 and a close here with bullish consolidation may indicate bearish sentiment for stocks.
NYSE:BABA Alibaba Parallel Down Trend continues, below the 50 day moving average. BABA needs to consolidate and break the down trend before it is safe to inter a long position.
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the EUR a few days ago rising inside the upward channel, where it even made a fake breakout, but after this price turned around and made an impulse up to the 1.0785 support level. After this, the Euro broke this level, thereby exiting from the channel and started to...
Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a not long time ago traded near the 0.5800 resistance level, which coincided with the seller zone, and soon reached this level and later broke it too. After this, Ripple rose to 0.6240 points and then started to decline inside the downward channel, where it...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 When price bounced from $2005 level, it declined to $1980, but then XAU entered to wedge and started to rise. Gold in a short time broke $2005 level, and rose to resistance line of wedge, after which price made correction. Next, Gold made upward impulse to...
EURGBP broke a resistance line of a falling parallel channel after a test of a key horizontal support. I bought the pair on a retest of a broken trend line. I expect a pullback now at least to 0.8579 ❤️Please, support my work with like, thank you!❤️
In my opinion BTC first goes to brakeout the 44600, then falls to 32000 in the next 3 months
AMEX:FXI , China Large Cap ETF, shows a Double Bottom pattern. Wait for a breakout of the parallel downtrend or a stop below the double bottom. CHINA IS PLANNING A STOCK MARKET RESCUE PACKAGE BACKED BY $278 BILLION DOLLARS.
CAPITALCOM:RTY RTY US Russel 2000 ⏰ Timeframe: 2 Week ♦───📝📊───♦ 👉🩸 👀 📢 Plan for Years... 👉✅ 👀 ♦────⚖️────♦ ✔️ Logarithmic (Log) Chart ✔️Logarithmic (Log) Fibonacci
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
SOLana. Classic bear flag on the 15 minute. Prepare for a move down.