EURUSD SELL @1.17200 TP1 @1.17000 TP2 @1.16800 TP3 @1.16300 SL @1.17800 Note:- Us exact entry or below this level.
Chart is self explanatory. If it breaks out of the right shoulder and holds a few days, the pattern is invalidated. However if it breaks below the neckline and holds for 1-2 days, we are going to tank to the lower support. RSI is the only potentially positive thing which shows room to the upside, but could still fall through the floor. Not investment advise just...
I have mapped a way out for YFI head and shoulders pattern. Make sure to check out my past posts linked at the bottom. If YFI can hold these levels, and does not break the neckline, then we could see some upward momentum. I have drawn out one potential path here. It would also be a head and shoulders bottom. Good luck trading! This is not financial advice.
We are currently in this symmetrical triangle, the price creates higher low => uptrend is intact. The red trend line can be very useful in the future, because you can sell/short when the time comes. Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is...
I think we are going to break some trend upward and first target is 25200 If it happens it means we can reach many higher target let see what will happen! if YFI don't break the black trend it's bullish for me! hope you enjoy it thanks for reading
4 hour macd about to cross over. 1 hour looks bullish. Target 30k. Needs to break that 34k mark and then its off to 50k?
BINANCE:YFIUSDT Hello everyone. As we can see : - MACD had a crossover and being bullish - Stochastic is being bullish - Helical indicator is being bullish - Market is being bullish ( We believe its fake only some stop hunt, but we will use it ! ) - Descending channel We forget to check YFI this last days so it means that we lose the dump.. But toke long...
Take a look. We may be forming a possible H&S as Simon said The short position will only be indicated if we drop below that level and starts an accumulation pattern The first target will be the 0.382 Fibonacci retracement level
It has hit the bearish points I am watching. It would need to break the neckline with uptick in volume to confirm the head and shoulders reversal pattern. Make sure to check the linked post for my original targets. Thanks for reading and good luck trading! This is not financial advice.
Watching this one closely. A short might just be in store soon. There is a head and shoulders forming on the BINANCE:YFIUSDT charts and it would be a rude decline if it completes. I have the levels I'm watching for all marked out on the chart. Bearish in red and Bullish in green. Bearish- $23550; $22110; $20771; $15374; $3988 Bullish- $26196; $25001 Enjoy...
After ~$32k rejection price is looking for support, the closest one is near $20k level. Idea to catch some knives near $19k - $20k area, although it can be tested for the third time, I still think it's a good idea. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own...
💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI unable to break the 3 BTC resistance area -It is now going back to a previous key area of support -With this, we can see a potential Bearish H&S pattern -If you are looking to play Short position -I recommend to Sell once the key support failed -The downside target is 1.4s BTC...
Pretty obvious setup here. I see this continuing downwards unless of course a alt rally happens (which it probably will here soon) so tread carefully. either way HnS is bearish I would not enter.