IOTA fell out of its upward channel with a huge dip today of 15%. RSI is now oversold on the 4h, and has touched RSI resistance of 30. Bullish cross forming on the Stochastics RSI. Wave 1 has completed with this correction. We are seeing bullish signals now, looking as though wave 2 might have finished as well, but be careful as we have not seen an ABC correction...
Well well well. I was expecting the short on apple for some time now. Could prices go even lower guys? Not entirely sure, I believe that if prices exceed our support region at 164.00 we could hit our downside target of 156.00 . After this we could perhaps go long up to highs of 172.00. HOWEVER Focusing on what's directly ahead of us, prices could go to...
After finding the support at $5, OmiseGo went up to almost $30, resulting in a huge 445% growth in just over a month. Obviously, $30 psychological round number has acted as a strong resistance, which is also confirmed by the 261.8% Fibonacci retracement level. While the $30 resistance is respected it is likely that OmiseGo will correct down towards either $20 or...
I managed to place a few good trades using this resistance, i think this area is a good sell signal for short term traders. Cheers! This is not an investment advice.
Looking for a nice and clear break of highlighted areas for opportunities. Rectangle can be traded as well. Shorts @ Resist and Longs @ Support can also provide excellent trading opportunities with awesome R2R. Looking at the Daily chart and up the longs are looking good for swings. Fib Cluster? Green Daily Fib & Gold H4 Fib Feedback? Let me know! Chart Art!
So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long. So I went long here at 3936.27 Stoploss: 3200.00 (2 % risk of...
Price is approaching a level of resistance that was previously a support.
The price has increased rapidly these days, including gaps in that rise, after a clear double bottom at 2325. This has caused the price to approach a resistance that is close to 2400, which being a round number, psychologically influences as the maximum level. Waiting for a rebound in the resistance, may be most likely, but be very pending to break if the rapid...
2 bearish patterns the smallest shows the possible breakout of the actual resistance. the biggest could support the idea. green line for take profits. use a stop profit on the smallest pattern. in this trade is important more than ever p.s on the other side i draw the red arrow as an other dynamic resistance more info in next hours
Short at yearly R1 0,7748 first target is Woodie yearly R1 0,7705 and then Fibonacci yearly R1 0,7672
Short at 1,0829 yearly pivot resistance once it touche , first target 1,0752 Woodie pivot and Camarilla yearly R2 then 1,0710 Demark yearly pivot.
NZDUSD Big Resistance Watchout for Trend Reversal
This chart shows current support, resistance, and trend lines for ATNM as if 2/17. Support has increased to $1.39 as of today as evidence by multiple bounces off of $1.39 price. Resistance was lowered to $1.50 based on recent behavior. Possible wedge forming.
EUR/USD has retested and held above daily support and is now approaching a key weekly level. This ABCD fib is still in play and dollar is continuing to weaken. Our bias remains long so we will look for long entries up until this level.
I expect price to reach 1,3600 zone and then see a reaction there and go to down again. Always confirmed by price Action.