Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local uptrend. Let's start with the designation of the support line and as you can see the first support where the BTC price is currently at is $ 42,354, if the support breaks down, the next one is $ 40,548 and $ 38,777. Now let's...
#SOL/USD $SOL trend lines price is above a support zone that descending and ascending trend lines meet (around $100). 🐮 holding $100 as support will increase price to $170. 🐻 breaking down from $100 will drop price to $70.
In DOTUP 4 Hour Time Frame, Divergence has been observed. Moreover, DOTUP is the support. Waiting for the 3rd swing to be completed, after that entry can be taken for buy. Furthermore, a Dominant breakout pattern can also be drawn to find the levels.
Hello everyone, let's take a look at the 4H CRO to USDT chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.4335 if the support breaks down, the next one is $ 0.4093, another support at $ 0.3738 and another $ 0.3281. Now let's move...
Hello everyone, let's take a look at the SHIB to USDT chart on the 4H time frame as we can see the price is moving above the uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002413 on which the price is currently based if the support breaks, the next one is $ 0.00002257 and another...
Here we see the potantial support for BTC if it keeps on dropping
Hello traders and investors! Let’s see how AMZN is doing today! In the 1h chart we see that it is trading near the support level of a Descending Channel. This is a good place for a bullish reversal, but so far, we don’t have a meaningful reaction. The black line at $ 3,175.42 is the key point that could trigger a reversal, and the first target would be the...
Hello traders and investors! Let’s see how TWTR is doing today, and do a complete trend analysis on it. First, in the 1h chart, it seems we have a Descending Triangle, and it seems TWTR is losing the support at $ 46.87. This might indicate further drop, especially considering it is doing lower highs/lows, and it is below the 21 ema. We have some bearish...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see that the 4,500 is a very strong resistance, as we thought. Yesterday, we closed exactly at 4,500, and today, we are trying to break it again. The SPX is in a short-term bear trend, and there’s no bullish reversal sign on it yet. However, if it stays above the 4,500...
BTC has established a support zone around the lower parts of the 43k level while also respecting my short term trend line. If BTC manages to close above the next minor resistance level around 43,8k level we could see a bullish push towards the next hurdle around 44,4k. Looking at the daily timeframe, If BTC manages to close above previous high's it will also be a...
BTCUSDT 4h short-term forecast from WunderTrading Breakout of a horizontal triangle. Global resistance level with high volumes Waiting for a breakout on the RSI When the upper level is broken, the next stop is 56000
Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased. trade after breakout the support .
Based on the chart, the price is close to vital support area ($2 and $1.80) that many times has stopped the price from more fall ✔️ we can see gain from here and our first target could be our previous resistance zone ($2.48 to $2.75) 🚀 if the price breaks the first resistance area to the upside, we will see more gain 🚀 and if we lose our support area here we...
BANKNIFTY trade set-up............................................
#nifty50 #tradingview ...............................................
BCH has Broken free from a Daily Range and is now testing the old Resistance of said Range with the 55 Day EMA and SMA backing it up and if things go smoothly we should see this rise back up to the next zone of major Resistance at $550
#XAVA/USDT $XAVA broke out descending resistance and confirmed it as support, also price is at long term support zone. 🐮 if price hold this support it will head up to resistance zone around $6 and maybe next resistance zone. 🐻 if it breaks down from current support, next support is around $2.
⭕️You see the analysis of gold in 30 minutes (XAUUSD , m30)🔎 🔰Sell Limit XAUUSD at 1937 ✅TP ; 1927 ❌SL ; 1941 🔰The trend lines are marked in white and the resistance line in orange.❗️ The best position to sell gold is at the intersection of the downtrend line and the resistance line, and the goal is to cross the range of the uptrend line.🧐 The profit and...