☑️ USOIL established a double top pattern with a lower high
After getting close to the resistance area
And we saw a breakout below the support line
Now, we just need to wait for a pullback
And go short with 4 targets in sight
The final target being horizontal support↘️
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Greetings! While Ethereum still cannot gain a foothold above the resistance level. The asset is back in correction. We will select near the support trend line. Do not forget about possible slippage. And so, in general, the coin's potential for movement remains. There is every chance for ETH to go for $1300 or more.
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we see very good rejection with long shadow from lower Ascending channel
and also strong weekly support at the same time, before the touch of channel
we have had many rejections from key level which make it more stronger.
after the powerful rejection, we see a green shouting star and then good
momentum with great engulfing candle as you see. with all of this signs...
After the acquisition of LVGO, TDOC has traded sideways, creating a 6 month base. During that time TDOC has increased its institutional holders to 44 funds. Technically, the chart is showing an inverted head and shoulders base beakout, a trendline break, and consolidating below supply between 225-240. Above 240, TDOC can break upward to 300 with an upward target...
Greetings! Yesterday, Bitcoin bounced off the support level and went up. But I haven't been able to gain a foothold above $40,000 yet. Local correction is now possible, as shown in the chart. After Bitcoin will be tightened to $40,000 with a target of $41,000 - $41,500. I think that he will take these goals.
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As we can see market is still down in a channel. So we can expect a short term reversal till its uper trendline. or can go down more till 0.786 level.
Lets see what can happen.
over all target is 12507.
☑️ GOLD is now stuck between the two levels horizontally
And between the two levels on the diagonal axis as well
I am feeling bearish, but the support confluence
Precludes swift downward movements in my opinion
I think gold will be falling in a kind of a falling range
Along the falling support line
So the local trading...
Greetings! The target worked, although not without slippage. I don’t agree well, but the market is very volatile. Now I have presented a further variant of the movement on the chart. We are waiting for the price fixing above the support level. This will give all the grounds for a good long entry point. And the stop loss will be small. The task is to fully restore...
Greetings! The target worked, although not without slippage. I don’t agree well, but the market is very volatile. Now I have presented a further variant of the movement on the chart. Those. I suppose a local small correction, before going to $42,000.
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Have a nice day and let the profit be with you!
BTC-USD is trading in a massive bullish pennant
I think it will trade inside this pattern for a while
With possible swings down inside the pennant
But ultimately, this pattern signals bullish continuation
Therefore, I am bullish on BTC
And expect 45.000$ per Bitcoin as 3d target
After the breakout...
The BTC idea we posted on January 12th has perfectly followed the path we predicted! Now it's time for a small correction and we're going to ride that dino pattern back to 40k$.
P.S This drawing was stolen straight outta Louvre!
Disclaimer: Hope this doesn't offend anybody. Post simple and quality content and help others out, that's what the TradingView is all...
Oil is in the uptrend but has almost reached a resistance level
And given the rapid pace of the upward movement
A correction is overdue
Thus, I expect the price to fall
And retest the horizontal support area
That creates a confluence with the rising support line
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Gold Short idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Gold has been bullish on the higher time frames but since it’s last major rally to 2k we’ve seen the daily and 4hour timeframes go bearish. Adding to this bearish transition we saw major bearish volume from resistance at 1930.00. Now we’re waiting for a pullback...
People have written obituaries about this stock, as it is not moving since March 2020.
Stock has also closed below its 200 ema on a daily chart (which is generally considered bearish sign)
I may be wrong here, but what i see is stock is nicely moving in flag formation on a weekly chart. It is consolidating for now.
I will enter once that level breaks.
💡 Trade Idea
📈 Buy Limit XLM/USDT @ 0.2810
🎯 Target Profit 0.3947
🛑 Stop Loss 0.2511
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
The price was trading within a descending wedge formation before reaching the daily support @ 0.2285. We have a 61.8% Fibonacci pullback which indicates a potential reversal to the upside...
Greetings! So what does Ripple have? I have already dropped all positions on it. It worked well and now it's time to look for a new entry point. I depicted all my thoughts on the chart. Let's break them down: Global levels work great. We didn't even have to redraw them, the support trend line copes with its task, although not without slippage. I would also like to...