The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. The level of 550 is strong support for the price . Candle closes above the breakout level of 575 and...
👉Make or Break level 👉Price near the resistance Zone 4255--4360 👉If price respects resistance than good fall possible 👉If breaks resistance good move towards upside possible 👉Keep it on radar 👍
let's dive into the world of Bitcoin and try to make some sense of the current market situation. As of the latest news, Bitcoin seems to be showing some positive signs, with the price experiencing growth of 1000 dollars in the last 24 hours from the 27900 range. This growth is largely attributed to the positive reaction shown by Bitcoin to two important supports....
At the time of writing, Ethereum is trading at $1869, and the 4-hour timeframe is in focus. The Relative Strength Index (RSI) is hovering around the midpoint at 50, which suggests that the coin is neither oversold nor overbought. Looking at the Fibonacci levels, we see that the 0 Fibonacci level is at $1806, the 0.5 level is at $1872.50, and the 1 level is at...
The price trading in tight Consolidation Range of 1800 to 1920 since last 40 days and formed the structure looks like the base formation. If price breaks the level of 1920 and closes and will sustain above the breakout level than we can see target of 1985 Which is a gap space. Gap space can act as strong resistance for the price towards the upside momentum and if...
The price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone. so the price can takes rest from the decline and can move upwards from the support zone and RSI also taking support near 40 level which shows upward momentum of price. If price respects this levels than price can move...
STX is in an uptrend at this moment on the last volume counting range. We will follow STX coming time to see if it's able to gain
Hi Traders! Our GBPUSD bear channel setup earlier this morning reached the predicted 1.24364 support level and the market seems to have reacted to this level by having a small rally back to the range. Here we will see whether we continue this small momentum upwards to test the resistance level of 1.25845 or whether we go back to the downside and retest 1.24364...
We have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250+ If price breaks the level of 1120 and closes than target will be 1080/1060+...
The price corrected 16% from the level of 820 and price continuously formed lower lows & lower highs. And now price formed DOUBLE BOTTOM formation on daily chart which considered as bullish formation for the price. Downward trendline also resisting the price from the upside. If price breaks the level of 810 and closes above it than target will be 722/740/760...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
potential bearish entry Dow Theory in Place: Lower High and Lower Low Expected in Place The double top, coupled with bearish divergence (a bearish reversal pattern). Entry, SL, and TP levels are defined.
Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of double Top coupled with bearish divergence (Bearish reversal pattern) Bullish Trend Is Still Intact. (careful for your levels) SL & TP Levels are defined.
In this video I go over the price action for this week (Friday April 28th) and what to look forward to in next week's potential price action.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
✔️Monthly box breakout ✔️Monthly breakout retest ✔️PSU BANK SECTOR is strong ✔️Looks good for investment ✔️Target 61/69/88+
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.