Iss Video me aap IOC me rounding bottom pattern ko complete hote huwe dekh skte h aur prive abhi ek crucial restance zone k pass h to aap apna analysis krein aur khud k conviction pe trade le. Trade lene se pehle apne advisor ko consult jrur krein.
Hello everyone, as you can see ADA is trying to break through a strong resistance right now. All the altcoins had a big growth today but we may see a pullback in the following days due the hypothetical recover of the BTC Dominance.
I am expecting Cardano to fail the break through and bring us down to the support level ending our current uptrend.
Make sure to...
Following the completion of the bullish Pennant pattern, the EURUSD's upswing appears to have peaked just below the Resistance Area (in green). The significance of the latter stems from the fact that it outlines the previous swing high. This is what gives prominence to the expectations for a bearish correction.
The first major test for such a correction is...
UMAUSDT (Day CHART) Technical Analysis Update
Waiting for the resistance zone breakout
UMA/USDT currently trading at $12.36
Buy-level: Above $13.40 (Only if 4 h candle close above resistance zone at $13.40)
Stop loss: I will update once I see the breakout
Resistance level 1 (Target 1): 16.25
Resistance level 2 (Target 2): $19.84
Max Leverage: 2X
Hey, USDSGD is a pair that I don't usually trade but observe occasionally at it is a counter that aids the decision of my withdrawals.
If you are looking to withdraw the level at 1.2997-1.3107 candle close on the monthly chart is quite important, that level needs to hold if not a potential of it to fall to 1.2762 is possible.
Traders like myself will have to...
If you’re long in Bitcoin, beware. Two big resistances are both being hit at the same time.
First there’s the 2019 high. Secondly, we hit the upper limit of the upward channel since march. My advice would be exiting your short- and medium-term investments and look for a new buy-in around $12,000. I’m still long-term bullish on...
My bad. That DZ lost validity when price created a minor low-high-low back into my entry. In cases like that, I normally close the order and look for the next best zone. This is it right here at the major previous low. I don't know if price will break past the failed DZ on the upside. I'll be looking to take profits there. But it can blast through it and I'll ride...
I typically trade Gold on 1HR & below but this 4HR set up caught my eye
- Rising Wedge
- Clear Downtrend
- At an area of resistance
- Trend Meets Resistance
Ways to Enter:
Conservative: Wait for price to close below that last area of support (1901.251) then enter.
Aggressive: Have a sell limit at resistance area or sell once price reaches...
USDJPY is trading near to an important structure at 105.300.
The price broke below but found support over the ascending trendline of the channel.
IF the market will break back above the structure we can set a nice long order according to Plancton's strategy.
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure ->...
Hooray, price is now back at the previous resistance level, I see signs of bulls, let's all buy and make millions, HELL NO! Understand how the market works and how banks manipulate retail.
I have drawn a path as to what i think may happen next. I expect a push below the resistance level to gather liquidity before the intended move to the upside. We may not even...
Here is my analysis for the week of 09/13/2020 for both a buy and sell scenario. I'm biased to the long scenario and breakout of multi-year channel. However, I'm aware that price has been coming into strong resistance and this will need a strong push up. Price is currently forming a bull flag so that could help deliver some energy to the upside.
This is neutral...
Price has broken through the triangle formation with a big green candle. Looks like the price will be moving up from here.
Look for the retest of the resistance level and for price action on lower TF before going long.
Please like, support and comment
in my last post, i mentioned it's too early for us to know
Now we know!! more I am trading & charting I am starting to understand both Support & resistance are not A SINGLE LEVEL but actually Zones!!, right now we are at the resistance & if we reject here I am HOPING THAT...
this is an update for the previously posted plan
my thinking was that we will retrace however we have already broken out & weekly candle has been closed successfully above the resistance trendline.
so based on triangle breakout I will try to average down my entry for the long...