Hello and happy Thursday traders! On the 1H chart, I noticed earlier today the possible div. trend reversal. The reversal broke out of the channel as well, which is a good sign to hopefully switch to being in a up trend Next stop, $13.6 to consolidate. Chances it could happen at $13.3 as well. I am currently LONG and in trade already. NFA - DYOR - SHIELD...
The formation looks inviting, waiting to see how it plays out. The pair seems to have printed an inverted head and shoulder formation indicating trend reversal and its happening at a key level.
In morning session it will come to 16557 It will bounce from theere and next level will be 16680 From there sharp selling is expected Trade carefully as tommarrow is weekly expiry. Market will be highly volatile. Trade with stoploss.
A buying opportunity can be a possible trading setup as long as the candle didn't break and close below the trendline of this Inverted Ascending Triangle. If the current candle close as a long shadow(having the lower shadow 3times higher than the candle body I will engage on an immediate buy.
NZDCHF looks to continue its bullish long-term trend after a few weeks of bearish momentum. Price recently broke above the descending channel and the 4h EMA, suggesting a trend reversal. If price holds at the ascending channel support (around 0.6435), and fib level 78.6%, we could see bullish momentum really kick in, up to the 0.6545 level. Entry checklist: -...
Big falling wedge on the daily timeframe for BNB, a breakout of this descending trendline will reverse the short term bearish trend.
Hello, looks like we are going for a trend change here on $otly stock . 4H candle still needs to close. If we can get a higher high here try to buy on the pull back
NEO just pumped and tests the first of three big resistance lines around 45$. Daily on the left hand side: - The RSI moved over 70 and is now near overbought area. We expect some kind of consolidation before we move upwards again. - The downwards trend seems broken after hovering above the lower yellow line. - We see a volume increase during the last days. 4h on...
At the moment we are in a very important place, the force of the current movement is coming to a stop because we are at a resistance point and traders see this as a double top, therefore there will be a lot of shorts coming and the only reasonable thing is that if we are to go down from this point first we will move to the upside to collect some of those stop...
Litentry finally starts to recover from it's harsh decline during May and June. We see a volume increase which is indicated in the daily chart with a cyan line. The RSI on the daily shows a trend reversal analogue to the price action. LIT now did face some resistance around 3.8$ but this is expected to be temporary. The 4h chart shows a golden cross with the 50MA...
Polkadot crashed hard during April and did not recover since. However, during July we did see a bounce at 10.5$ and DOT did break the series of lower highs for the daily RSI. Volume increased as well which is an additional sign. Now DOT moves into the 15-16$ range where we look for an upper breakout in price considering the downtrend. Once we turned the 15$ into...
Seeing big pumps like the ones we are have been seeing that past few days surely gets our hopes up, but remember that in the daily time frame we are still in a downtrend and we are currently testing the 55 EMA, so if we are able to break this point we could see a trend reversal but we don't have that scenario just yet so let's stick with what we have now.
As we mentioned we were entering a long position in Matic which has been hit but we beleive the volume will start to arrive on the amazing project and see this trend continuing.
As per previous post on out THETA trade entry, our 1st target hit within 0.1 with second target well on track.
BTC has closed 4hr candle above key resistance of $32,200 level which is the first confirmation of trend reversal I was looking for. Then we wanted a bounce when retest was done to confirm flip from resistance to support. BTC doing all the right things. Next confirmation is 4hr close above long term trend resistance trendline.
SAVA Dark Cloud Pattern, trend reversal coming. Need a confirmation candle to entry. SL 1 ATR above the swing high. NOT FINANCIAL ADVICE, DO YOUR OWN DD AND WORK, TRADE WITH RISK MANAGEMENT.
BINANCE:LINAUSDT The main reason for the buy plan is the Libra pattern. The swing analyses indicate that there might be a trend reversal but before the massive buy which is probably the 3rd wave of the Elliot, there should be a fair price. The fair price is 0.03 we guess which is also the fib retracement level! Around the fair price, we will be seeking a...
Gold extends early week recovery from March tops to poke 50-EMA ahead of the key US employment data. The expected recovery in the headline Nonfarm Payrolls (NFP), coupled with the forecasts of downbeat Unemployment Rate, keep weighing on the metal prices. However, firmer RSI and MACD’s teasing of bulls may propel gold prices in case of a negative surprise from the...