Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $26819, if the support is broken then the next support is $26566, $26372 and $26164. Now let's move on to the resistance line,...
GBPUSD D1 28/03/2023 Confirm Condition Sell 1. Sideway Down 2. Support & Resistance Zone 3. Price action When the price goes up, the RSI will go up to touch 70+ and start entry at Resistance Zone "Since the price can change at any moment, don't forget to set a stop loss to protect yourself from potential losses." Just an Idea from me Thank you. KB TRADING SYSTEM
I have expecting to see some nice reactions from 1.23238 - 1.23345 AOI
I invite you to review the BNB chart on a four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving. Let's start by marking the support places for the price and we can see that the price is currently struggling to stay on the support at the so-called golden point of Fib 0.618, but if the price drops...
Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First, we will use the yellow line to mark the uptrend line that the price has left sideways, while currently we can see that we are moving in the downtrend triangle marked with blue lines. Now let's move on to marking the places of support. We will use the Trend...
AUDJPY D1 27/03/2023 Confirm Conditions Sell 1. Down Trend 2. Break out 3. Support & Resistance Zone Waiting for the price to come back and test the Resistance Zone , while observing any potential price action, could be beneficial for further analysis and decision-making. "Since the price can change at any moment, don't forget to set a stop loss to protect...
AUDUSD D1 27/03/2023 Confirm Conditions Sell 1. Down Trend 2. Break out 3. Retest 4. Price Action 5. Support & Resistance Zone "Since the price can change at any moment, don't forget to set a stop loss to protect yourself from potential losses." Just an Idea from me Thank you. KB TRADING SYSTEM
CADJPY H1 27/03/2023 Confirm Condition Sell 1. Down Trend 2. RSI 70+ 3. Retest 4. Resistance Zone H1 "Since the price can change at any moment, don't forget to set a stop loss to protect yourself from potential losses." Just an Idea from me Thank you. KB TRADING SYSTEM
Hello everyone, I invite you to every Monday's cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. First, we will use the yellow line to mark the uptrend line, from which the price went down. However, locally, we can mark the triangle in which we are currently with the help of blue...
Hello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $1.07, if the support is broken then the next support is $1.06 and $1.04. Now let's go to the resistance line, as you can see...
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Hello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $1768, if the support is broken then the next support is $1746, $1730 and $1713. Now let's move on to the resistance line, as...
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $27350, which currently held the price, if the support is broken then the next support is $26970, and then at the price of...
OANDA:XAUUSD Hi , Trader's , price made double top today at 2000$ area Double top is perfect bearish pattern ,it's a reversal pattern price breakout from neckline at 1985 area and candle closing below indicate that bearish are active After unrealistic rally after svb bank news , price action now tend's to cool down For going further up Gold need's to...
As the third, we will check the BNB chart on a four-hour interval. As we can see, the price is moving in the local downtrend channel marked with blue lines. Let's start by marking the support spots for the price and we see that we first have support at $317.6, but if the price goes lower, we have another support at $313.7 and then at $308.5. Looking the other...
As the second chart in today's review, we'll be looking at BTC vs USDT, given a four-hour time frame. First of all, using the blue lines, we can mark the uptrend channel from which the price went down. Now let's move on to marking the places of support. We will use the Trend Based Fib Extension tool to mark the supports, and as you can see, we have the first...