#ETC/USDT #update $ETC is above the weekly descending support zone. 🐮 also price shaped an ascending channel, that hold above the lower line of this pattern. so it is high likely that price continue its uptrend to middle line and even upper line of this channel.
GBPUSD price is following a downtrend channel and price is showing rejection from the upper trendline of the channel, currently price is between support and resistance zone, if price breaks below the support area then after a pullback if price shows rejection, I expect the price to move lower.. And for price to move higher, its needs to break above the...
NEAR has been trading in this ascending channel since the beginning of August, pretty much like every other altcoin. However, NEAR sometimes detaches from BTC's usual movements so it is one that can make us profit and hold its support when others don't. From a TA perspective this ascending channel has held many times before and held once more today. As long as...
hello guys today i wanna analyze eth. Let's look at this chart together and I'll explain what's going on! As you can see in the eth chart, it is in a descending channel. which once broke its bottom line and almost touched the next level (I mean $800) 2 last drops started by stop hunt that i show this on chart so it is possible this drop ;that i think it will be...
#ALGO/USDT $ALGO is inside uptrend channel and price is above the middle line. 🐮 so there is a high probability that price extends its upward move to touch upper line of the channel that is the same with resistance zone above $0.4. 🐮🐮 In the long-term, a break out from the weekly resistance zone will increase price toward $0.56.
Chart shows the possibility of the parallel channel and the targets.
Wait for price to break and retest channel trend line.
Chart shows a possible channel on EURUSD and it's targets.
Beast Trading _ Today's Bitcoin Perspective Bitcoin has been showing a strong trend since August 8. That's why I don't think it's good to trade with the mindset that "Bitcoin has risen this much, so I'm going to take a short position" and "Bitcoin has fallen this much, so I'm going to take a long position." First of all, after the strong rise in B-c...
Wait for price to close above 1.02646 in considering a buy opportunity.
After the break of channel resistance, wait for price to retest channel resistance-turned-support. Enter a market execution order after the retest candle closes.
gold price made bottom at 1681 on h1 time frame since than it is making higher high with higher low inside a parallel channel testing lower and upper trend line of the channel support 1755 than 1739 resistance 1805 than 1875 bullish above lower yellow trend line bearish on breakout of lower trend line
I have done this analysis based on a series of price sensitivity and a regular price channel
Hello everyone - I hope you are having a good day Today, considering the movement of Bitcoin in the current price channel and the collision and stabilization in the middle of the channel, I decided to share this analysis.
Price has been trading inside the given parallel Channel since 2021 ! recently price tested the lower limit of the channel and got pushed up till 0.63515 where it was faced by another resistance zone and got pushed down ! Price is in the process of retesting the above said resistance zone before it continues with the downward movement . The notion of the downward...
In an attempt to avoid side action, I'm watching what BNB does at 287.3 If it's a bounce on 287.3, I think BNB will make a run for 302.5 If BNB breaks below 287.3, retests and rejects, then I think it'll be a decent retracement targeting 273.9 At the moment there are some Bear signs, but the volume and volatility just isn't there. If Short setup gets...
Moving BTC into a Logarithmic chart on the weekly we can get a different perspective. I don't make the rules guys.
HCLtech broke out of descending channel of 3 months with decent volumes. Could be bought with stoploss of 915 & targets of 995/1065