BTC back in channel+C&H forming.Targets as high as 12400$-12500$. We are not out of the wood, yet. But if we close with in channel or complete the cup and handle we still have quite a bullish outlook for BTC.
BTC trapped longs from bottom of the channel with 200$ wick down. Just as discussed BTC did dip a little bit further (9490$) befor actually bouncing and returning into the upwards channel. Some early long did burn and provided the fuel for a small bounce returning price into the upwards channel. BTC dominance got rejected and is currently dipping some more. So...
BTC looking weak. Still confluence on indicators might suffice for a bounce here. We are currently trading at the bottom of this upwards channel. The daily so far is looking weak and hinting to a further decline of price. At around 8800$ we have the 200MA & 0.618 fib so a bounce from these levels currently seems likelier. Before even look at these levels $BTC...
ADA breakout has been rejected/postponed (for now). A nice upwards channel formed on 4h . So far movement in the chart has been steady and backed up with good volume. Price got rejected and might have to cool off a little bit or consolidate in the currently forming bull pennant and then attempt to go up again. Even if we visit bottom of the channel the chances...
KMD painting bullish patterns one after another!+16% since entry. After completing the IH&S (+16%) $KMD is trying to close above the upwards channel & and morph the current pattern into a cup & handle. Take some profit & let your winners run. The Markets right now are allowing such a dangerous behavior.
FTM already making another +7% a couple of hours later. Chart looking very bullish. Will retest the middle of the upwards channel, but overall the direction remains the same.
$FTM consolidating under the 200MA on 1d after an 7.8% move up! When/if this price consolidation breaks to the upside we should see a nice bullish continuation. Most of the coins in these class have already had a bigger and more substantial rally. FTM will follow as well.
This one is a short term one but the price is in the confirmed trendline so we are expecting it to continue to follow the upwards channel. Also, there is a gap so we are expecting it to fulfill it in a bullish run. Comment your opinions!
Price just hit a strong support line created in the middle of November, a support line that was not broken at the beginning of December. The trending upward channel was broken downside, now a new upward trend has been created. Stochastic oscillator shows an oversold signal. If it breaks 0,9912 after some corrections it can go even higher to 0,994.
Hi Traders, Cipla Moving in Upward channel in daily chart can go: 1) Long on breakout from Upward channel & imp resistance around 484 Level. (See chart) 2) Short on breakdown from Upward channel till target at imp support around 400 Level & moved back to downward channel. (See chart) So Cipla at make or break level with moving in upward channel & imp...
This is not investment or trading advice. Always do your own due diligence. GM is obviously trading upward within a rising channel over the shorter term. I plan to trade the rises and falls, so long as it respects the channel. I do believe it will break to the downside ultimately. The company, over the longer term(10yrs) isn't going to be appearing in my...
I dont see $AMT coming down to far, despite its recent run up. I am looking for it to come down under 205 (closing my puts there) looking to buy calls after it bounces around 203-204$
USD/CHF recently broke an upward range, pullback to 0.9920-0.9940 is what im preparing for. Price is sitting in demand zone and has already borken one HL (Higher Low), if it breaks this second one, price moves lower.
Direction: Short Reasons for open position: - Price continues to move in the upward channel - I think price will breaks down upward channel - Then after little pullback we can open short The information provided is not financial advice, always do your own research. Guys, if you like the idea please put like button and if you have your own ideas you can share it...
Priority: Short Reasons for open position: - If price breaks upward channel, we can sell after pullback - Price made fake broke of key level - Key level is 100$ Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it. Also, you can ask me questions which you have in comments! Please...
MTH seems forming a H&S in the hourly chart and in the daily its running within a upward channel. We think it has good down side potential. Trade details - Potential short with a break of 53.87, Stop signal 55.56. Target 45.56, 2nd target: Momentum
The Price return to the new support zone so it is a good opportunity to buy. It is also in the trendline of the upwards channel so we are expecting to continue the bullish trend. RSi is at 50 near the support zone confirming to good opportunity Comment your ideas!
The Price has broken a very old resistance zone, and it was confirmed with RSI levels and with MACD bullish momentum. It is a good opportunity to buy due to the retracement in the Price and it is still in the upwards channel. Comment your opinions!