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Zones

ADA Massive Channel!!Money Makers! ADA has been on a crazy rise the past few weeks. I thought this channel was an interesting perspective and decided to share it. If it fails these levels and BTC decides to correct I can see ADA correcting very aggressively from these levels. I also indicated a couple of S/R zones with the horizontal line to show the next major supports if it decides to correct. A short position here would be a great idea with a very tight stop loss to maximize profits. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice. Simplicity Wins
by rnaofs
2
Anticipated BREAK OUT below the ZONE AREABefore I proceed with my view on this chart, I want to believe as a trader you already know the importance of 200 EMA acting as a Dynamic Resistance and Support, we have seen a break-out below the 200 EMA and a steady consolidation just above the SUPPORT ZONE AREA from January, a rejection at the Dynamic Resistance. We saw that price did range for some days before the BREAK-OUT to the Down-Side and a retest which created a Bearish Engulfing. At this point we are expecting a clear BREAK-OUT below the ZONE AREA and if that's achieved and a possibly we see a retest, a continuation will give a valid entry and a target at 19150.96. NOTE: As a trader, by now you should already know that consolidation at SUPPORT or RESISTANCE AREA, a strong BREAK-OUT below or above gives a valid entry.
Short
by MII1502
Tezos could to forming a bulish rising wedge!!!I see that in Daily timeframe, Tezos it's in this strong support zone. And then, there's a lot chances that Tezos could to continue up to the next resistance of $4.40 USD. For that, will be my perspective in the market for this cryptocurrency. s3.tradingview.com And remember, we look a beautiful trend line up, for that Tezos make a lower higher in this trend line since November 2019 from around of $1 dollar. For that, Tezos could to growing up to $4.40 USD in the next resistance zone, this will be my target profit in Tezos.
COINBASE:XTZUSDLong
by harisonhbn9718
2
BTC potential local bottom could be inI have identified a finished zigzag in a long-term wave 4. Why I think the Zigzag is finished and the higher-degree trend is ready to resume? We have seen a waves A and C which clearly subdivide in five waves. The wave 5 in wave C appears to be truncated which is very rare, however, given the wave 3 extreme course, I still give high probability to this wave count. Furthermore, we have seen a sharp reversal from the 31k lows with an impusive nature and a choppy pullback in a channel afterwards. Moreover, morning star candlestick formed on daily timeframe, which is primarly a reversal pattern. Lastly, we have seen a break above 34k zone which now acts as a support. All these factors elevates probability of at least local bottom thus a move at least to 42k. There price will tell us the next course. This idea is invalidated if price breaks the 31k level and is less probable when we get a close below 33k.
COINBASE:BTCUSDLong
by Tradern53
5
EURAUD, daily tf, hanging man candle appearsPrice previously broken above the marked yellow resistance area and go up for 160 pips. In my opinion we haven't see any retest to this resistance as a support and we might see one soon. There is going to be RBA meeting soon and it might follow it neighborhood RBNZ stance which send NZD gone up. Notice also the previous daily candle close looks like hanging man candle indicating sellers could be in control soon. Sell EURAUD 1.5790 Stop loss 1.5840 Take profit 1.5665 (2.5R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
DOGE; .75 or .35? (part 2)Going off my previous DOGE idea from May 4th(linked below) I stated DOGE would either go to .75, or .35 Buyers were so close but ended off a slippery .739 peak which then dropped us EXACTLY on to the .35 cent mark. (goal reached) Now with this rebound off .35, DOGE is trying to re-enter the upper zone. Breaching any zone will cause the market to react and push it back out to around .42 It will be a little shoving battle but everyone is on two of the same wire in a sense. So, lets see who can maintain their stature. -quick "maybe" section- consolidation above .42 maybe sellers reach 25 cents maybe buyers regain control in upper zone maybe
BITTREX:DOGEUSD
by Vophie
4
why our zones have different colours here at FXG we always place our zones before looking for technical and fundamental trades, these zones start with the monthly (blue) then weekly (yellow) and finally daily (red) then on the lower timeframe those zones we have in green. the reason for the different colours is so we know the significance of that zone. so for example if price has broken its weekly zone to the upside then chances are price is going to break its daily zone as the daily zone has less battle than the weekly zone. this gives us an edge as when we know price is making its way to a significant area of battle then we know to stay out of the trade as we want buyers or sellers to win that battle and once they do we know the direction.
by Trade_Rocket_Investments
XRP where to next?xrp is desperately trying to hold our 1.55 zone. XRP is currently holding its 1.55 support which is the only think keeping it in this trend line. a successful hold of this support can allow it to breakout of the top trend line, leading to new highs. if this support breaks, we could see another nice drop to fill that giant wick to 1.43, since it would be breaking our middle trend line. wait until these zones are touched for next more. 1.326 should be the lowest target to keep in mind.
BITSTAMP:XRPUSD
by Spiritualbeing11
2