Zec is out of bearish trendline.
Volume is growing, break looks good.
You can pul SL below low on 95USD or you can take second entry on the main POC level.
ZEC/BTC - on chart with BTC is still in consolidation. When comes bitcoin to the consolidation, then ZEC should go up faster.
KSM is forming triangl.
1) Trade setup - small possition open now with second entry on the lower side of the triangl.
2) Trade setup - wait for break and then buy retest.
Bitcoin looks good, so alts should follow.
Bitcoin on 4h chart.
Currently trading - 43 480 USD
Price is below bearish trendline. Volume for break is still low.
When bitcoin breaks trendline and makes valid retest, then is good time to entry.
In other case it could go down for test support on 42 maybe 37k.
For bullish movement is important to close daily (or 4h) above 44 800 USD and for ultra bullish...
Hello my beauties.
I think TSLA is going through an interesting phase. It broke the trendline that led it to its all time high, and the sellers came in strong, stunning it sideways. For us to fully understand what is happening, we'll need to wait for some more price action.
However, the following scenarios are possible, in my opinion:
1) TSLA will give us a nice...
XAUUSD is breaking the upper trendline of the falling wedge pattern. We foresee Gold will continue its upside movement as long as Gold is moving above its exponential moving average.
The Roadmap will be invalid after exceeding the support/target area.
Based on the chart, price reached a resistance area and yesterday a rejection form this area happened. Also the chart behavior can show us a weakness on buyers because we can not see a recent high on the chart(there is no higher and higher right now!)
So the weakness on buyers and the strength of sellers at this area lead me to open a sell position with a good...
Square has completed a 5-ways impulse move up, and we have shorted it at the end of wave 5 to capture a potential breakdown in case the Nasdaq falls.
If that does not happen, we will take profit and invert the position into a long. The green box is our long entry (LE) where price may reverse with high probability, however the other fib levels are...
Based on the chart, a resistance area is broke and a pull back has completed. Something that is obvious on the chart, is about the bulls pressure at this zone and on the other hand a weakness on sellers is considerable. So based on the this scenario we can conclude that it can be a good (and some how safe) supply area.
Therefore I opened a buy position with a low...
Based on the chart, a major resistance area is broken and a pullback is completed. The strength of buyers is observable at this area which can be seen by a Doji candle formed today(However is not finished yet!). So the weakness of sellers and power of buyers at this area, lead me to open a buy position as it presented on the chart which can provide a good risk...
Based on the on the chart, price has broken a major support area and a pullback on this area has completed. Also we can clearly see that the strength of sellers decreased on this support area(which previously act as resistance) while we can see good rejection which can be a proof of buyers power at this zone.
So based on this this scenario and with considering...
Careful - I will wait for earnings before placing this order.
Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run.
Good risk-reward ratio and target set at a potential formation of a 6-month resistance line.
- Target Entry: $77.80
- Target Stop Loss: $75.91
- Target Exit: $82.51
- Risk / Reward Ratio:...
At the moment, in H8 timeframe Chainlin it's trap into this simetric triangle. But, if we lookig this lines analysis, we see that the resitance lines it's formed in two occasion confirmed as ressitance and now, we break out this lines and we form a support in this zone, that it's another good zone tobought Chainlink. My price etry was $32.23 USD and at the moment,...
USDCHF selling off looking to break the 0.89 support we were following, downside on EURCHF has been broken and fresh lows have been set.
Currently retesting the underside of the structure break as indicated, we don't tend to buy and sell unless it's from a major zone (red boxes). So this is something we will just observe from the sideline.