ETHUSD: ETHUSD is following minor bearish trend line (be with trend),
and 2550 works as resistance level, where fresh bear rally started,
third higher low after respecting trend line. so i would wait
for another touch at resistance or trend line.
Looking for short setup at 2550 at new resistance.
! Strong close above that could be bullish move.
DENT did find support near the old resistance line around 0.0025.
Back in march when this was broken the true bullrun for DENT did start.
Now it looks like we can recover from here and before we think about new ATH we have several new resistance lines to clear.
It looks like a good entry point.
- Never buy the top/ATH
- Take profit as long as you...
After a temporary consolidation at support turned resistance zone, we saw a strong momentum to the downside creating a LOW on the 13th May, 2021. Then a correction 61%+ which created triple top pattern with a sell off creating a confirmed (SUPPORT) TREND-LINE on the 23rd May, 2021. With this confirmed trendline in view, we also confirmed a double bottom which...
A successful correction of the FIB lev over the past 93 days eventually broke below the SWING LOW which also has been a STRONG SUPPORT ZONE for the past 93 days. A temporary SELL OFF occurred below the SUPORT ZONE but the Bears MOMENTUM couldn't push the price below. Price is currently moving to reclaim above 1.07500.
Seems like Ethereum may have completed a 3-3-5 flat structure between 2100 and 2500 since yesterday's evening. The bearish scenario gets invalidated if the price firmly closes above 2500 soon. If not then I maintain the bearish view on Ethereum and all the other crypto currencies/assets.
The price for this commodity is now in the resistance zone at a strong level and resistance line, which is the upper channel line. Despite yesterday's attempts to go up, the price has been held back. Now many experts are waiting for it to go down - to the lower border of the channel.
The silver market received a blow yesterday but has since recovered.
Yesterday was also a volatile session for gold as well, after the false breakthrough over the $1,875 resistance line that was quickly reversed, and the gold closed with dojis.
Silver jumped to its highest level since Tuesday, February 2, before turning from $ 28.73. The bearish silver pin bar...
After my last idea on WIN, which played wonderfully as expected (.012 to .0.15, see previous idea), this altcoin did get into a descending channel, bringing the price all the way down to .0009
Right now everything looks bearish, there’s no volume (barring the exact candle that got the coin out of the downtrend, most probably a whale/insider bought to save...
Here we have an advanced BAT pattern on the 1hr chart of GBPAUD, which nearly hit completion of friday evening. I don't trade solely off advanced patterns - i like to look for other entry reason and build up a score.
So in addition, we are at a level of higher time frame previous resistance, have an equal measured move, a 1.618 fib extension, rsi over sold and...
PLTR hit the 50% fibo retracement today, at 18.66, and if it breaks the 20.30 we'll have a bullish confirmation that could take the stock to our target.
The area between the 18.81 and the 20.30 is a solid resistance, but if PLTR breaks it, the 22 area is the next stop.
We have no other major divergence on RSI or OBV, so,...
Hey Traders so last post I mentioned that dollar was selling off fast but was not sure why if it was profit taking. But today I had forgot that Seasonals somtimes play a role in this market. Check out this months seasonal pattern and let me know what you think of this months US Dollar forecast. I think we are going to some bullish momentum soon! But of course my...
GBPUSD is in a uptrend channel.last week it form a bearish shooting star candle. so we are bearish on it now and our target can be the next weekly support at 1.36600 if price break it then we can expect the price to get around 1.35000 on fibo expantion level -0.27.