The EURUSD currency has reached a significant resistance after breaking its trend line. If it can break this resistance, we can expect higher goals for it.
But if the resistance does not break, the price will return and will be in a range.
BNB-USDT 🔻 Strong Dump / Fibonacci Revenge
- RSI is too overbought
- Momentum Strength is weak
- Beyond Technical Analysis: BNB Dominance is low
- Fibonacci 1 (318.55) provides heavy Resistance
If you want to be a rich person, then short BNB to Fib 0.236.46.
Big falling wedge forming on CLSK- some support and resistance levels to keep an eye on. Bollinger bands are squeezing (not pictured) along with CLSK nearing the oversold range on the RSI - will be looking for a breakout from this falling wedge.
I just like to show you something I saw on Binance order-book.
This is big buy orders (support lines) arrangement on Binance before they disappear from order-book.
One thing I don't like about Binance is they don't show the whole order-book or market depth.
They hide the big part of it from public and this lets the whales do what...
CHRUSDT is testing Daily resistance after the price bounced on the weekly support. IF the price will have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
The price has been strong after colliding with the Fibonacci range
Move towards the resistance range and the resistance line
Break and if the level of 0.618 is broken, the uptrend
It confirms its existence and the failure of the level of 0.786 is a confirmation
Suitable for high volume entry
Fortunately, with the growth of bitcoin, it has been able to almost
End your downtrend and move above the midline
Has arrived and is expected to perform pullback on the midline
Be guided to the canal ceiling and in addition to the canal ceiling
The 34,000 range is a strong resistance range for the trend
After the defeat of the 34 thousand...
According to Wyckoff's method, we seem to be in the third phase and expect a further price reduction to see the spring!
Probabilistic area for price return and spring is : 26K - 24K
Any information found on this analysis is not to be considered as financial advice. You should do your own research before making any decisions.
3 key components to watch on EU on the 6 hr.
1. bounce off support.
2. into consolidation
3. exit for possible continuation on trend. ?
IF EU can break above 1.2250 we could get a nice push into 1.23 range.
So far my idea is still looking good... From 50k to 30k done :) Is my idea of buying at 10k reallistic ? I dont know... But I am pretty sure longs in bitcoin arent good idea right now.
If we close today or next few days below 30 000 area, boy oh boy... There is nothing to hold bitcoin. Next area would be 20 000. Even if bounce from 30k, 40k area is now strong...
Will be keeping an eye on PDD in the upcoming weeks as its forming a massive falling wedge (bullish) and also is nearing the oversold range on the RSI.
- Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
- Looking for a breakout from this wedge (Broader market conditions permitting)
Fortunately, the resistance to bitcoin was broken
And has reached the channel midline and reacted if the trend could
Leading itself to the top of the midline can be said to be almost a downtrend
It is coming to an end and the price is strongly directed towards the canal ceiling
And on the roof of the canal are three Fibonacci levels that...
As you can see in the chart, a pattern of head and shoulders is almost
The ideal is created and based on this pattern a series of resistances
We have found for this currency and I must say that after completing this template
The price will rise somewhat and fall again
And for the first purchase you have to wait for the failure of the first...
As you all can see the price reacted on the resistance line, we still at the beginning of the reversing, waiting for the best entry at 151.918 SL 135.480 TP 141.918.... Tell me what do you think and good all everyone.
Here we have the lifetime chart for ASX:CAT.
- Starting with a price of $0.63 and reaching an ATH of $4.26 in only 1 year.
- It then went on a 3 year downtrend back to its original $0.63.
- After that we see it recover to $2.13 in 1 year.
- COVID-19 pandemic brings price all the way down to $0.49, which is its new ATL.
- Since then price has recovered...
TSLA has been in a descending Triangle Pattern which in theory has a greater odds of breaking to the down side eventually. nHowever, it is looking like the bulls will win this time. RSI is now well above 50, signaling strength. Plus we have a strong close right at the trendline "resistence" yesterday.
A breakup looks very likely today and I am expecting it to...