Pair is in a descending channel. If price breaks long TP is previous resistance @ 134.40. My bias is short. Price bounced off top channel trendline. There is divergence in rising price and falling rsi. Macd is over-extended long. To confirm bearish move watch for lower lows and lower highs on 15m for entry.
50 sma 1st TP short.
100 sma break short is 2nd...
At present, the bull structure above $5k doesn’t have any support. In order for Bitcoin to move higher, it needs to establish support, making the previous $5k resistance zone a support zone. We haven’t done that yet. This is the way of markets, previous resistance becomes subsequent support. Therefore, Bitcoin will be making its way back down to $5k, attempting to...
AUDUSD has strong resistence at 0.79900
The pair is testing one more time 0.618 level.
If the pair is rejected by 0.618 with a strong bearish candle
you may go short on aussie
TP1 0.79067 (0.382 Fibo level)
TP2 0.7882 (Strong support + fibo level)
SL 0.80000
AUDUSD has strong resistence at 0.79900
The pair is testing one more time 0.618 level.
If the pair is rejected by 0.618 with a strong bearish candle
you may go short on aussie
TP1 0.79067 (0.382 Fibo level)
TP2 0.7882 (Strong support + fibo level)
SL 0.80000
Loving the setup here, has to go one way or the other in the next few hours. Tightening channel. Position loading is a good idea right now in my opinion.
Never charted this one before but came across the chart and like the setup. Looking for a touch of lower trend line for a nice buy or a breakout of resistance line. Also, double top on major resistance line. If first trend line breaks down, the second trend line should provide a opportunity to buy and a bounce.
BITFINEX:BTCUSD
BTC since the last bottom of the bear run that saw prices down to $2900, we've witnessed several rallies continuing along a macro positive trend. In the days since 15th September last month we can see a trend of higher highs and higher lows with a converging upper/lower boundary.
There has also been a trend of decreasing volume throughout the past...
i think it's possible just keep an eye on and buy in more dew days.
than you can split the money at the resistance poit, and in case of rising up, buy again and wait for target
in case of getting down, sell everything and wait for support to buy again.
