👉Make or Break level 👉Price near the resistance Zone 4255--4360 👉If price respects resistance than good fall possible 👉If breaks resistance good move towards upside possible 👉Keep it on radar 👍
Here we see our FET weekly chart and you can see it looks great, we are already wicking into the Weekly Ichimoku cloud. See that red dotted line ? With the orange arrow pointing at it ? That's our last Weekly resistance and looks like it's a target we could be seeing soon . If we are entering a small altseason for the next month then this resistance line near...
Hello traders! Today we will talk about Ethereum (ETHUSD), its price action from technical point of view and wave structure from Elliott Wave perspective. Well, BTC is in a massive rise but this is mainly because of BTC.Dominance, which is after a long time, finally back in the game and it can be just the beginning of a new cycle. That's why ALTcoins, such as ETH...
Support & resistance is really something that works in all financial markets, it's worth studying how to determine the proper way to finding and drawing it to be able to find the best trades possible available in any given time. I use support & Resistance to find direction, (you can find it on any time frame), The way this works is you connect highs and lows, as...
Pretty self explanatory, uses simple support and resistance as well as time resistance which influences the box's size. The time resistance zone is an area that we should see either a strong move, reversal, or even breakout. Either way this should be an interesting experiment. We can honestly go either way, up because a golden cross looks to be occurring on the...
I believe the price with drop hereof this line of resistance. I just don't know if it really has a chance of hitting target.
I believe the price is overbought according to the RSI at a resistance zone on the 1HR. With this bearish engulfing candle, it looks like a good opportunity to put in a sell entry with a first Take Profit (T1.). If the price goes the way I predict, it can possibly go even further to a second Take Profit.