As we can see on the chart, the market is ranging i.e. the market is in consolidation. Price just hit the supply zone within (1.84105 - 1.85300).
Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy...
This is a simple one - a structure zone on CADJPY 3-DAY time frame.
Some say the more times price hits a zone like this the greater the probability of a breakthrough. That's generally true. The trouble is that no one knows how many hits are necessary.
I previously showed that CADNOK remained contained for 4.6 years.
To be clear, I am not saying CADJPY will...
April 27 2021
I believe DOGE is in a ranging area right now, most people have to realize the market have to consolidate and that's what I think DOGE is doing.
Also DOGE already did some thing like this when price was at .04 area, it consolidated then rose up(the market like to repeat it self)
This is my Analysis and this is what I think it will do
DOGE to the moon!!!
FLMUSDT BUY/LONG
Zoom in🔍
Study the chart
Follow the Green arrow
For Spot and Futures Traders
Entry - $0.714
Tp1 - $0.9
Tp2 - $1.1
Tp3 - $1.2
Stop loss - $0.5350
Choose your leverage
As we can see on the chart, FLM is consolidating/ranging. Price was unable to break the demand zone, downward. Also price is about to break the symmetrical triangle upward....
Here is a descending triangle breakout confirming a buy setup. Also, this is a bullish triple bottom pattern giving same signal.
Therefore, I expect price to go long to $65 first, then $90 which equates to 100% return on investment. Fund me so that I can investment too😩
The yellow horizontal lines are the major support and resistance levels price may encounter...
As seen on the chat, price is ranging. Therefore, I expect price to sell to $0.38700, then go long to $0.43000.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy...
Thanks for your likes and comment! Really appreciate!
_____________________________________________________________________________
Stay optimist on this project but beware, everything is possible as competitors are working hard and it is up to the crowd to support on or another.
Cardano ADA price has decreased after a huge run in the long direction.
This...
CHF/JPY has been in a ranging market structure since last December , failing to breakout if this market structure.
I expect the pair to fail in breaking above the key resistance area and sell until it reaches the important yellow support area .
Therefore continuing with the ranging market structure .
Adding on to the confluence , I see a potential double...
The XAU/USD has been ranging since 8th of Jan, shown by the rectangle drawn.
I would be waiting for the price to either break above or to break below the rectangle then wait for the retest confirming the possible down / uptrend.
I wouldn't recommend trading this until a breakout of the ranging confirmation.
BAND has broken its previous consolidation range only to enter another range. Let’s take a look at how you can take advantage of a ranging market!
BAND Price Action
BAND was one of the best performing cryptocurrencies in the first half of 2020. However, after its crash in September, the cryptocurrency has yet to regain its strong momentum. The token has ranged...
- Price is ranging around the monthly S/R level.
- Waiting for better price action and other confluence.
- I am trading with the trend, and now it is uptrending.
- Waiting for price to break out of the blue zone.
Gold is riding the trending but caught in between the red middle band(50MA) and the 100MA(green). However, the mystery is will the crossover of the moving averages be enough force to push gold up to 1900. Or will the pressure of the Bollinger theory pull price further to the lower band then rising to it's glory (and my buy 🥴😩positions..)
1. Long-term trend - price ranging sidewards.
2. In the shorter-term the downward trend is expected to reverse as the price is about to hit the SUPPORT level as well as the merging triangle pattern.
3. the price level is likely to bounce back and froth between the resistance levels, but is expected to keep rising in the next few weeks.
NZDUSD on the 4 chart is ranging between 2 structures.
The price after the last impulse until 0.70880 could not create new highs and reached the 0.5 fib level.
In a ranging phase we will wait for the break above or below the structure.
IF the price will manage to break above we will set a nice long order while if the price will breaks below for a deeper...
USDJPY has moved from symmetrical triangle(link at bottom) to sideway bounce setup. The two ends of it, resistance level at 104.69 and support level at 103.72 will be the area of my interest to engage trading opportunity within the box. The major restrain comes in at 104.20 which happen to be the midpoint of the 2 levels.
The RSI overbought(shorting opportunity)...
Overall the monthly we can see a buy, which we are currently in.
On the daily - we have our blue supply zone and our purple zone is our fresh support.
The price is currently in a buy - despite a sell off this morning.
We have an opportunity to continue longs here.
Just be patient as price is forming a zone at 1.1812 which is 0.382% - again confirmation of...
