After the seemingly false breakout of the support, price of BNBUSDT could be captured within a pristine descending channel . Price has also formed Double Top around the 'formerly' Support zone , to... Actually, it's a series of Double Top , and it's diligently screaming Resistance Zone all about LTF . I'll SHORT to around 450. Which confluence with the 50% level...
Trade has bullish tendency. But who says, going for this SHORT opportunity with nice RR is a bad idea. Obviously, there are two TP levels. Careful. Hi Jesica...
Bouncing off from support. Divergence seen. Expecting price to LONG up.
Price is captured within an ASCENDING channel. On Weekly TF, we can see a bearish momentum candle, slowed down to a DOJI. Also, on closer look, it's all a correction of the "W" On Daily and H4 timeframes, we can see regular and hidden divergences respectively, CONFLUENCE with lower edge of channel. Trendline and resistance already broken on H1. So, I'm in FOR...
It's still bearish to me. It broke a trendline with disregard, running towards a resistance. I expect the resistance to hold, and deflect price back down. Afterwhich, I will look ou for LONGV oppotunities. Careful.
I like how it's forming patterns, and clocking well around three point trendline. It's done a good throwback to support on LTF, like it did on HTF, and unlike HTF... it has broken trendline. I dare to say it will break the HTF trendline also. I'm in for LONG.
Where is this pair of Kiwi flying to... Of course, I'll wait and watch.
Not yet boxing day. I think this promises to be interesting. Either ways, careful!
Hemi-channel drawn Not definite. Should enter trade for LONG from mid-line of hemi-channel. Price shows bullish momentum.
Kindly say it's not possible. I should short to around the midline of the descending channel, and allow some to run further. I expect juicy.
It should be sweet Money management important. If pump doesn't happen before BTC reach 52.3k. Re-evaluate trade set-up.
GBPZAR has been good soup for quite a while At this level, price may either bounce LONG or breakthrough the support to form a new one.
Trade should be bullish anyways I expect many deflections, so I should be taking profits along the way and drinking water on top.
Careful anyways- A tangible demand level is far away. Price is seemingly running on a strand.
20x possible here. Price shows a throwback to lid of cup and handle which was broken previously Throwback is within descending channel, and now at lower edge of channel. I'm looking forward to momentum of London session (early hours of Monday) after which I'll enter on retrace aiming for middle of channel.
Anything possible here Though I'm expecting LONG. Simple breakout and retest should be sufficient for good RR.
Price is at horizontal support, and at lower edge of ascending channel , displaying its bottoms. However, I don't see strong demand here, price seem to throttling on ?air- not what I expect to see really I'm herein for long, and should fill in appropriate positions when I see the pressure, also I'm very ready to cut this off- no pressure.
Swinging to the top, from two fresh bottoms. If I'll adjust thIS SL, it will be to make it tighter.