BNB/usd made a breakout above a descending wedge after forming symmetrical triangle and is not headed for the previous point of resistance at 23$, expect a pullback around this region. That being said the bulls are looking very strong and you can expect for the resistance region to be tested several times if it doesn't break through
Yesterday my trading partner Jason Graystone shared a potential buying opportunity on the USDJPY. Today what I wanted to do is revisit that idea and talk about how we can go about building a better case for entry or at least provide different options so that traders of different styles can get involved as well. Akil
Looking for an opportunity to hop back into $STORJ if this 1D break confirms with volume or a bounce off the resistance-turned-support line. First target would be 40% and second would be 100.
BTG is currently forming a ascending triangle. If the pattern completes and BTG touches the upper resistance line, BTG could reach prices of $340! However, BTG has to first breach the $260-$266 resistance level, which BTG failed to break through 3 times. If BTG fails to breach the level, BTG's price will still likely to go up eventually but may take some time.
On this pair we might see a complete Gartley pattern in to daily resistance zone giving a high probability trade, risk/reward may vary depending on your entry level.
Dear Tradingview users, First of all I want to wish all of you all the best for 2018, may it be a very profitable year ! First analysis of the year about IOTA/USD, As the prize is approaching the 4.35, we look closer to the reason that push the price back on 27/12/2017 which was a low volume. This time the volume is much higher than last time but still lower as...
STRAT has retraced to support at 85k Satoshi and I expect that it bounces back to 100k. If bitcoin continues its growth than it is possible to retrace to 80k. In general, I expect recover of many altcoins after two days retracement. STRAT is a great project and further growth is expected in the near future if 110k gets broken. Possible growth up to 160k in the next 7 days.
If we break over the blue dotted line look for upside to the green line, If we close under the last long positive bar, look for further down to the red dotted line
We can see that SPY is nearing in on a long term ascending support->resistance level. This circled area has the potential to bring some volatility back into the markets in the near future. Combined with Ending/Beginning of year, a red month or 2 in near future would not be at all surprising to see. Fundamentally speaking, not sure what would be the catalyst here,...
Price has broken the resistence level with two strong bullish candles.
Three drives pattern almost complete close to major resistance area. Sell the breakout.
Potential good long term opportunity shorting both bearish ABCD and Bat Patterns. Divergence on RSI is also in play on the 4-hour, if price advances like a corrective wave. D point is also close to daily trendline, a major resistance in particular situation. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the...
Could see a turnaround in EURCAD here as we see it come into a strong area of resistance before that previous downward fall.
This is just an update on a trade I placed and its confirmations. Entered trade @ 0.75277 after touch of support level @ 0.75201 Price then broke through resistance @ 0.75547 Short term resistance @ .50 on Fib Price then continues to break through levels of resistance @ 0.75930, 0.76318. Price hits projected TP1 at 1.27 on fib (price @ 0.76947) Total # of pips = +167
Most of the economists gave A to Janet Yellen despite the fact that Fed's failed to tighten financial conditions. Three raises of interest rates since the end of 2016 didn't affect the economy at all - stock market keep going up, the dollar has not appreciated and investors don't believe that Fed is serious. Questions that arise today is that whether FOMC will...
OMG has very solid fundamentals and is about to release its biggest news in Q1 (wallet release). It is adhereing to traditional TA and has a high enough market cap not to be easily manipulated. It is currently in an upward channel that has held multiple times. ETH/BTC which is a strong indicator of alt future performance has bottomed out. RSI turning positive on...
There is a big Uptrend as you can see. There is also a big resistance at 17k but it can be breakout thanks this beginning of flag pattern. There my first analysis on BTC, I think it's one of the most volatile crypto. If somebody has something to add :)
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