EURGBP is in fine bullish trend and respecting the bullish trendline. As the price has retraced a bit after recent bullish move and now the pair is trading at support zone. If this support is holds perfectly it will be nice option for bulls to make another leg up. What you guys think of it?
New support zone added. The idea here is if you bought the last entry and made a trade Price looks like it will be coming back down to retest support here. DYOR, and as always, Trade Safe!
AUDUSD was in bearish trend from last few days and now has given the breakout from falling trendline with strong bullish divergence. Currently the price is creating a support zone with some healthy green candles and it seems like bulls are getting ready to take control. What you guys think of it ?
CADJPY is at the verge of breakout from descending channel . Market is starting to make new highs from channel support and it is testing the psychological level of 107. if the breakout sustain above 107 level then it will be nice bullish rally.
EDUUSDT was trading in bearish parallel channel and recently has given the breakout from channel. Currently the price is following the short term bullish trendline and also getting support from broken channel level around, 0.5855 region. If this level holds perfectly then the next target will be 0.6325.
This Technical Analysis is on Disney (DIS), on the 2 Week timeframe. Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE. The 1st time we have ever tested SUPPORT on this was September 29th, 2014. Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce. The Most massive gains were from...
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can mark the first support zone from $28998 to $28830, then we mark the second strong support zone from $2855 to $28357. Looking the other way, we will...
Hello everyone, I invite you to review the chart of BTC in pair USDT taking into account the time interval of one hour. First, we will use the blue lines to mark the local downtrend channel that btc lagged upwards, and entered the uptrend channel from which the exit was down. What's more, the exit from the first channel was close to the high of the channel, if the...
ASTS has dipped into its weekly support zone offering a potential bounce from these lows with a high R/R potential. Disclosure: I have ownership here. I won't be in on the trade unless I grab some contracts.
Price has been consolidating nicely in the support zone from after the last run up. I am more bullish to a break of the upside as opposed to a breakdown of support. I would say 70 bullish / 30 bearish.
Hello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the uptrend line, from which, as you can see, the price breaks out at the bottom. Moving on, we can move on to marking support areas when we start a larger correction. And here the price stays ahead of the first support zone...
Hello everyone, I invite you to review SOL in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $22.38, the second support is at $19.68, the third...
Hello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is staying above the local uptrend line. When we unfold the trend based fib extension grid, we see that the price is in the support zone from $ 1873 to $ 1853, while we can mark the second zone from $ 1822 to $ 1799. Looking the other way, we see that the price...
NSE:CASTROLIND Stock is consolidating in a channel from past 8 years. From last year it’s started to making higher low in weekly/Monthly Chart. Monthly : As per monthly analysis stock has shown a bullish engulfing at bottom levels. Weekly: • June 2nd week we can see a big green candle engulfing past multiple weeks. • June 3rd week there is rejection...
NASDAQ:NVDA has shifted sideways since the huge earnings breakaway gap, a pattern that tends to provide strong support for profit-taking. Unlike NASDAQ:AMD , the trend doesn't appear to be at risk of shifting into a downtrend at this time. While there has been some negative news pertaining to China for NVidia, the chart patterns don't indicate any concern from...
NSE:VEDL Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level. Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL. SL...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is trying to break the local downtrend line. After unfolding the trend based fib extension grid, we can see a support zone from $30,241 to $29,981, however, when the price falls below this zone, we still have support at the golden fib point, at $29,555. Now let's...
NSE:MGL Stock is consolidating in Descending triangle pattern from past few days. It is taking support on previous Break out level which is 1015-1020. On 22nd June we can see a clear rejection from top. Following to the rejection there is a big red candle which is closed near support levels. Now here comes the interesting part the red candle did not got the...