We've been trading in an upward channel for roughly 42 days now. We're now approaching the .618 fib level of the last peak which is roughly $8k, which lines up with our longterm resistance zone as well. I wouldnt be surprised to see a move up to there before a pullback, but keep in mind we could trade up to the upper end of the channel as well considering it's...
EURGBP is rejecting the support level so I think that price will move up to around the resistance level
We have a possible long position here affter some rejection and the break of the trend line. At the moment the price still having some bearish moment but in some hours maybe ready
Looking at my previous EU sell which went as expected and fell past the target 2, having seen that the price has several times retested and failed to break the ascending trendline. I would be looking at some further downside potential on this pair, hopefully down to my original target 3 area.
We have a possible rejection from this point looking from the weekly time frame point of view. (this chart here is not the weekly)
Daily zone on the supply - the USD is strong and further to this, bearish pressure of the supply is very strong. Our first entry has been taken - patience is now the key after holding profit and 'losing potential' profit - but this is just greed. Main thing here, is simple supply and demand. 3 Entries running 1 swing 1 scalp 1 medium term trade Awaiting now the...
Daily ma,ob,ichimoku,fibonacci and trend line all rejected. imo if we break up bullish as,but too much rejection atm at the same level
Essa interação está realmente única... Reparem como o preço usou a EMA de 9 dias como suporte, rompeu a EMA de 50 dias, sentiu resistência da EMA de 200 dias, depois usou a de 50 como suporte, e rompeu a de 50 novamente para usar a de 9 dias como suporte! Vamos esperar algum tempo e ficarmos atentos para observar se a EMA de 9 dias irá ser rompida, o que seria...
Really loving this look right now.. Big bullish divergence on the daily time frame.. I truly believe in the technology that Ethereum has brought into the world.. However.. I do not like how we are approaching a long-term support and resistance zone.. I also do not feel comfortable with the volume.. I have a long-term holding position in Ethereum however if we...
The zone of 0.884 was retested during the Asian session, with GBP having a strong momentum push we saw the downside early this morning. We caught the second part of the move once the initial candle pushed out of the zone. We then added shorts at 0.8775 as this failed to break - this is a small lot as we are nearing the potential demand zone 0.873 Closed 50% of...
The pairs has nearly reached for a good support level that we possibly are having a up trend if the price keep rejecting this support please do your own research for any entry this is to share with you guys not an a signal by any mean
I have noticed an odd yet unique pattern happening with Bitcoin ever since the crash sub 4k. Bitcoin always starts the week off Really Strong following the stock market and is able to hold of most of its gains into Friday , then over the weekend when all markets but Bitcoin are open everything gets dumped back to square one at the 6k Baseline Support. There is a...
Hey there, Please support this idea with your likes and follow me on Tradingview. As you can see we are most likeley in an ascending triangle in Bitcoin, which sends of strong bullish signals. We had a breakout recently above 7k, but I already expected a rejections, since this breakout was in my opinion premature. I expected a third touch of resistance, a...
Several rejections of the yellow resistance area, rejections of the descending trendline and 200sma. Lines up perfectly with the 'golden pocket' area of the fibonacci.
The price of bitcoin has shown a strong surge over the past weeks as price rallied from $3750 to $6900, however we see a rejection at the $6900 level which confirms a resistance. The daily chart is showing a clear rejection which is not a bullish perspective to look for, since price wasn't able to break $6900. We could be looking at lower support levels below at...
Adding positions to an existing Long - we expect the GBP to gain some strength and break through the current supply - Reason for long - 1hour shows good bullish structure. 30mins shows good wicks - showing demand area has been tapped. we executed after the rejection candle. With GBP JPY - it moves fast so secure the pips and let a portion of the trade run.
Nasdaq short yet again from this range - this is respecting the levels so well. We are enjoying to analyse this right now Risk free trade and 50% closed, letting it run now to possibly hit 7100 with longer term 7000