Huge fresh bullish rally came on support level: 29150, historically three times 'V' shape recovery happened to this level,
and it sustained this time too. Now if somehow price back to support level, it is not going to break at sudden, huge volume accumulated compare to previous support level.
Overall trend is bearish, so respect of Resistance level is more...
BTCUSD is following bearish channel, recently breakdown the support level: 33770,
and landed on next and last support : 31940, and touched bearish channel lower,
accumulation is happening near support.
In this support level price reflected huge moment historically,
To follow Golden rule: Be with trend, (short setup could possible at 33770)
Trend line an hr....
BTCUSD price stuck in range between 36200 as range resistance and range support
as 35250, in resistance level, price respected 4 times, and at support level it
was also four. and look close at point 1 there bearish rally started and from
point 2 bullish showed some strength but not as impressive as bearish rally.
interestingly at both point price didn't cross...
BTCUSD is following long bearish trend, broke many support prices in between,
and now price near by 35250, acting as support level, and respected twice, might be
bullish rally could come at that level, volume looks sufficient to drive price
up in huge bearish trend.
long position possible at support price, and target could be at least to touch
BTCUSD is following bearish trend line, until it makes strong close above 38200,
strong support price at 37000 (missed by 50$), price is in range between 38200 to 37000,
so short setup could possible at range Resistance, and Long position setup at Support price.
Looking for short position on resistance 38200, after trend line break out.
! Strong close above...
BTCUSD: BTCUSD is near to support price, after long bearish
fall, it needs to take some rest at old support price at
38700, fresh bullish rally could run from that, keep eye on
Looking for long position at 38700,
! Strong close below that could be bearish move.
Technical- Based on Support and Resistance :
- Strong support: 38700
ETHUSD: ETHUSD is following minor bearish trend line (be with trend),
and 2550 works as resistance level, where fresh bear rally started,
third higher low after respecting trend line. so i would wait
for another touch at resistance or trend line.
Looking for short setup at 2550 at new resistance.
! Strong close above that could be bullish move.
USDCAD: USDCAD broke resistance line at 1.2175, and respected
nicely, started fresh bull rally, now became support level.
i tried to draw bullish trend channel (without higher low),
looking for long setup 1.2182,on lower level or trend channel.
it looks good for long setup, at newly formed support: 1.2175
(it could be big bet for marathon)
ETHUSD: ETHUSD formed bullish rally from 2480, and 2630 looks like resistance.
it retraced from resistance level again, and fresh bearish rally
started from here, broke 1 hr bullish trend line,
As per classic trend line breakout, looking for short setup at R: 2630
!!strong close above that price should be bullish move
*trade channel based on hourly...
BTCUSD: BTCUSD is in bull run, and 41k served as strong resistance. it retraced
from resistance level again. now looking for short setup on same price 41000.
if it made strong close above 41000, should be bullish move
! trade channel based on hourly chart.
Technical- Based on S/R and trend channel :
- Resistance: 41000, look for short setup near that.
BANKBARODA: 78.15, crucial price.
-Based Support/Resistance and Trendline on 15 min chart
Sort selling could possible to retest the trend line.
Close above that price would be bullish.
BTCUSD is strongly bullish, signaled to end of higher high swing, at possible resistance level. It could retrace upto Trend line mentioned on chart, breakout of test of trend line lead the Ultimate target(14k) of setup.
First target from short signal is Ema20 position from Resistance level, so it is dynamic target.