Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. The level of 550 is strong support for the price . Candle closes above the breakout level of 575 and...
At the start of February, SPX saw a number of "affirmations" that the uptrend was underway: 1. broke up and continued to trade above it's longer term trendline resistence 2. traded above its 200 day MA since 24th Jan 3. followed by a Golden Cross on 1st Feb However the month of February began to see momentum evaporate as the index began to pullback below it's 20,...
Posting because Trend Lines matching current low. Interesting
TCOM hitting the descending trendline could create an opportunity to short down to the Volume Point of Control ~ $26.50
Banknifty talking multiple supports on trendline bank nifty has already taken 6 times support on two weeks trendline
This is a trendline I am watching going into the weekend on $SPY The fact we did not test the bottom trendline before retesting the upper, suggest the next leg down will be more aggressive than the previous bear sessions. Also, based on previous bear sessions, we head down -17.50 after rejection within a 50 day window. If we use the same price action, we can...
Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned area and looking price action for a long position opportunity GOOD LUCK.
DXY is touching the top of a multi-year parallel channel on the monthly chart, whilst also displaying bearish divergence on the RSI. This, to me, signifies at least a small reversal over the next couple of months. This should be buillish for stocks and crypto, which are all reaching significant levels of support at the same time. There is a lot of fear in the...
BTC has just opened the week with a green candle after a long period of red candles, right now it has touched the light blue trend line as resistance which has been used as support in the past. If it beaks above that line of resistance, we could be looking at a further price up which could result a rally in june then a decline down around july to lower lows.
hello this is my first idea on trading view I'm glad to read your suggestions to improve my ideas My idea about Shib/Usdt : there are two channels here in 4h, although I prefer the blue one I think it would be touch the bottom of the blue channel (+ strong support zone) and then start a bullish trend entry price : 0.00006000 stop loss : 0.00005502 take profit :...
DXY touched a critical support trendline formed from the Feb 2018 and Jan 2021 lows, and is now hovering just above that line. Also, at the end of Mar 2021, DXY was rejected at the 300 EMA, which was previously a significant support : Now DXY is in a tight spot between the descending 300 EMA and the critical support trendline. I think that the next few...
Short this pair based on lower high and the trendline. Simple fade short trade down to make a new low. Today's candle must close bearish for it to be a goer.
AUDNZD is currently testing a strong weekly trend-line support, and price will shortly either bounce bullish, or break and retest, and fall bearish.
ARKBTC4H. ARK broken out of trend and now retraced to test it several times and in the process forming a nice Bullflag. Nicely over the 200EMA and good S/L positions for a long trade.
#EUR/CHF Analysis The Price has been in Ascending Triangle Pattern for some time now. The Bulls are strong on this pair. We have price going up to meet the 2-Year Descending Trendline and the Tested Resistance at 1.0800 . So We have two types of resistance at this point. Trend-line Resistance and Horizontal Resistance. The question is: will the Buyers be...
Possible bounce of trendline and minor support level. Targeting $41 to complete gap fill.
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Sell: 1721,50 Stop-Loss: 1731,50 Target 1: 1710,70 Target 2: 1704,20 Target 3: 1686,40 Stop-Loss: 100 pips Risk: 1% Risk-Reward: 2,55 LEAVE A LIKE AND A COMMENT - I appreciate every...