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Resistance_level

NZDJPY VS NZDUSD📈💹 Expert Level Trade Ideas: New Zealand Yen and New Zealand Dollar! 🇳🇿🇯🇵 On New Zealand Yen, we have an overall uptrend movement. Daily chart shows a bit of pullback. Four-hour chart indicates increased volatility with new lows and highs. One-hour chart has a retest of previous support level with a bit of RSI divergence. 🔍 Trading Strategy: Hidden trading opportunities within this chart can be spotted if you know the trading rules. Scan the QR code to learn more and share your findings in our traders cafe. 📈 Weekly Chart: Bearish shark pattern already in play, running at 188 pips. Buying opportunity at 5-0 pattern, 84.36 level. 📊 Daily Chart: Bullish bat pattern presents a buying opportunity at 84.25 completion zone. 📉 Four-Hour Chart: Use the staircase trading strategy. Wait for a pullback at 86.91 for a short or a breakout trade below 86.38 to chase the bearish movement. First target at 85.36. ⏰ One-Hour Chart: Similar situation, no need to repeat. 💼 Love Planning Your Trades? Set rules, look for conditions, and spend 15 minutes a day on your market analysis. Drop me a DM if you want to trade smart and efficiently. #ExpertTradeIdeas #NewZealandYen #NewZealandDollar #Uptrend #BullishOpportunity #BearishSharkPattern #StaircaseTrading #BuyingOpportunity #SetRules #TradeSmart #DMForDetails
Short
by RaynLim
BTC/USDT 1HInterval reviewHello everyone, let's look at the BTC to USDT chart taking into account the timeframe of 1 hour. First, we will mark the local downtrend line under which the price is moving. We will use the fib retracement tool to plot support and we see a support zone from $28996 to $28956, then there is a second zone from $28914 to $28854 and then strong support at $28779. Now let's go from the resistance line, as you can see the first resistance is the zone from $29031 to $29108, if you manage to break it further we have the second zone from $29187 to $29296 and then strong resistance at $29438. Looking at the CHOP indicator, we see that there is still energy for the current move, the RSI is at the lower limit, which in combination with the STOCH indicator on which we crossed the lower limit can give a local price increase..
by cryptodailyuk
1
Double bottom pattern Today stock or it call stock of the weak *Berger paints India Ltd Fundamental analysis market cap 68451cr PE ratio 79.5 this High value compare to 1, 5&10 years, lower compare to 3years PE PEG ratio >1 to high ROCE 23.8 ROE20.4 Dedt to equity 0.6 EPS 8.85 Technical analysis Double bottom formation Near at resistance level of the double bottom Current level is main resistance 707and next resistance is 745 Can get 1:1 ratio of risk reward Take 550 as a stop loss can get 1000+ 1:1.5 ratio risk reward
NSE:BERGEPAINTLong
by investigationofchart
BTC/USDT check the description!Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can mark the first support zone from $28998 to $28830, then we mark the second strong support zone from $2855 to $28357. Looking the other way, we will check the resistance places in the same way and here we see that the first resistance is at $29254, then the second at $29475, the third at $29656 and the fourth strong resistance at $29831. At this point, it is worth paying attention to the CHOP Index and the RSI indicator, because we can see that when we crossed the lower limit on the CHOP indicator and the upper limit on the RSI indicator, there was a strong change in the price trend.
by cryptodailyuk
1
NIFTY to start falling more than S&P500 from next week onwardsNIFTY/SPX chart has hit the upper trendline of ASCENDING WEDGE this week. it had hit the upper trendline 2 TIMES and the lower trendline 3 TIMES till now and has reversed every time since 2020 we can clearly see that whenever the price has reversed from the LOWER TRENDLINE , NIFTY has started performing better than S&P500 and whenever price has reversed from the UPPER TRENDLINE S&P500 has started performing better than NIFTY Now that the REVERSAL is imminent in the WEDGE pattern and global markets are VERY BEARISH , hence we can expect that the BEAR RALLY of indian market is over and it will become MORE BEARISH than the USA market from the next week onwards SP:SPX NSE:NIFTY Thanks a lot for reading...
NSE:NIFTYShort
by peace_lover
6
BTC-USDT Short-Term 30M IntervalHello everyone, let's look at the BTC to USDT chart on a 30 minute time frame. As you can see, the price has moved sideways from the downtrend line. After unfolding the trend based fib extension grid, we see that the first significant support is at $28,766, the second at $28,586, and then the third at $28,413. Now let's move on to resistance and as you can see first we have a strong resistance zone from $29293 to $29413, then we have resistance at $29565 and then resistance at $30005. The CHOP index indicates that the energy is rising, the MACD indicates that we are moving in an uptrend with room for further growth, and on the STOCH indicator we are approaching the upper limit, after crossing it, we can rebound the price.
COINBASE:BTCUSD
by cryptodailyuk
$PSI - a potential 110% trade based on nothing but TAI an not sure about the fundamentals of TridentDao anymore. It saw a terrible selloff, but this isn't our concern in this moment. This is a purely technical trade I am going to take. BITGET:PSIUSDT has rallied in the past 2 days, but if it breaks through $0.335 and holds that level it should go to $0.75, with a potential of buy/sell action around $0.54. If it dumps below $0.32 there is no trade for me. Easy to understand, isn't it? NFA. Please understand I am not a professional trader, but an amateur who loves solving riddles, playing chess, analyzing useless stuff - don't invest in anything based of my foolish interpretation of price charts. :-)
PLong
by NonComposMentis
BTC/USDT 4HINTERVAL Review Resistance and SupportHello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel, while locally we can mark the uptrend line along which the price is currently moving towards the upper border of the channel. Now we can move on to marking the places of support in the event of a correction. And here we have the first support at $30,514, and then we have a strong support zone from $30,266 to $29,929, however, when we break below this zone, we can see a drop to around $29,493. Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. We will first mark an important resistance zone from $30,829 to $31,136, once it is broken, price will attempt to attack the resistance at $31,520 so it can move further up. As we can see, EMA Cross 10 and 30 indicate the place of confirmation of the transition to a local uptrend. The CHOP index indicates that the energy is gathering strength, the MACD indicator confirms the ongoing local uptrend, while the RSI is moving in the upper part of the range, which may affect the price with a slight correction.
by cryptodailyuk
ETH/USDT 1HInterval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is staying above the local uptrend line. When we unfold the trend based fib extension grid, we see that the price is in the support zone from $ 1873 to $ 1853, while we can mark the second zone from $ 1822 to $ 1799. Looking the other way, we see that the price is before a strong resistance at $1888, and then we have a very strong resistance at $1927. The CHOP index indicates that there is energy to move, the MACD indicates that we remain in a local downtrend, while the RSI has rebounded to the lower part of the range, which should give room for price growth.
by cryptodailyuk
XAUUSD Resistance Break? 11.07.2023Gold price has been moving more towards the upside lately due to dollar weakening. It seems that it has already broken some important resistance levels there but has not yet made a good move on the upside. Further broken resistance levels might cause it to jump. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
OANDA:XAUUSDLong
by Stuart_Cowell