XLE ETF has broken above both a major resistance level (horizontal and channel) as well as a major volume shelf. In addition it's come off a divergent low which has propelled it higher. I think energy names have some legs here..
The ceiling and bottom of the descending channel are the support and resistance in front of the stock.
This should be a long pattern, maybe until February sometime, but still tradeable. Followed by a macro wave 5 up again!
Deepak Nitrite on the monthly charts seems to have completed the price and time wise correction. It seems likely that it will shift gears from being sideways to directional.
As we expected from gold, when we said that the selling pressure is more, it crossed the 2048 support area with great strength, in this area we did not have a suitable candle confirmation to enter the transaction. Arriving at the next support area that we mentioned before, by observing the pin bar candle Ascending in the price area of 2033, we could enter into buy...
Before delving into the details, it's essential to note the analytical nuances of this chart: Heikin Ashi Candles: Utilized to smoothen price action and reduce noise, providing a clearer view of the trend. Channels Defined: Support Channel: Connects the start of wave 1 with the end of wave 2, with a parallel line extending from the end of wave 1. This...
Hello Everyone. Descending channel 💲 Entry Point : 18.60968 ...
Hello Everyone 🙋🏽♂️ Ascending channel pattern 💲 Entry Point : 76.07 🟢 TP 68.62 🔴 SL 79.74 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a...
EURNZD is trading within a wide intraday horizontal range. After the test of the upper boundary of the range, the price formed a cup & handle pattern formation. A breakout of its neckline is a strong bearish signal. We can anticipate a retracement to 1.7513 level now. ❤️Please, support my work with like, thank you!❤️
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! CRYPTOCAP:ADA update. Didn't have enough gas to give it. So, now watching this channel and same levels. I still think it could be ranging. But, which way are...
Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some days ago declined to the 2325 resistance level, broke it, and fell to the support zone, which coincided with the 2180 support level. After this, ETH started to trades in an upward channel, where it first rose to the resistance line, which coincided with...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price after started to trades in the channel, firstly reached the 1935 support level, which coincided with the buyer zone, and a short time later broke it. Then Gold rose to the resistance line of the channel and at once rebounded back to the 1935 level, after...
NVDA shares are losing momentum after a powerful upward reaction this morning. It seems that as it approaches its resistance area, it is becoming difficult for NVDA to maintain its upward trajectory. We had a good reaction near the Fibonacci retracements, which, as we warned in our last public study, was our main area of support. Now the price is trying to...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
A solid project that has already had great success in the Web 2 Space, Large adoption and critical use case. Projected Targets and support levels: Support zone $.0470 - $.00638 Target 1: $.0988 Target 2: $.1919 Fib Extension 1: $.2705 Fib Extension 2: $.3959 WiFi Map is a super app with the core asset of a community-driven decentralized wireless network that...
BLOk is one of the coins that has performed weaker than its competitors in the bullish market, and with the fundamental coin burning it has, it can even show significant growth in market corrections.
Hi to Trading wiev users I would like to share my Idea with you Bitcoin price trend looks like to ascending pattern #ABC trend pattern accepted and I waiting for #CandleStick confirmation for opening Long position on Bitcoin. Please see your chart and Confirm my Idea And if you see another thing tell me.
As we can see here we can expect a dump with a higher possibility and for the first confirmation of our scenario we need the blue ascending channel support break to the downside and soon after that more fall to the targets like 1800$. DISCLAIMER: ((trade based on your own decision)) <