Tesla broke the 20ma in the 30min chart, and it did a bottom higher than the last one, indicating that it'll break the bear trend. The confirmation will come when it breaks the 592.65. In the 4h it just hit the support area, and if it breaks the resistance mentioned above, we'll see a nice trade! This support area is seen in the daily chart as well: Let's...
Bitcoin has been respecting these two trendlines on the daily timeframe and there's also the formation of two strong resistance and support zones drawn in grey. My bias is that the price will not break the 50s and will eventually rebound to test the previous resistance zone. Keep a tight stop loss as mentioned in this idea and good luck!
EURUSD is currently at strong resistance which it trying to break on 11th March 2021 & 18th March 2021. It's a good opportunity to short EURUSD right now. We will look at TP on next strong support level which is at 1.1870. Good luck on your trade. Regards.
aSmall analysis of the RARI token, testing the $25 support in a bearish channel
SBICARD has seen a remarkable rally from 500 levels to 1100 levels in the past 1 year. Currently, we are seeing some correction in the stock. The monthly and weekly structure is still positive, though it looks weak on the daily chart and the current price action also indicates that this correction can extend a little more. Important support that Weekly and...
1) Red band : VPVR area of greatest volume. 2) Magenta upper and lower bands : area of volume bounded by tested strong support/resistance. 3) Blue dashed band : very strong resistance/support. 4) Yellow dashed bands: Upper and lower areas of support/resistance All the bands are contained within the angle which BTC could follow to an obvious conclusion. Keep an...
SGEN might deep a little lower towards the strong support of 145$ before retesting 165$ and 180$ previous resistance levels. Earnings are in the way (29 APR) it might dip towards 145-155$ and continue towards 180$
A Bearish WhiteSwan pattern occured within the resistance zone of 1.265-1.293. And a Bearish type Bat pattern also occured on the weekly chart. If it exceeds the resistance zone, consider Long. However, since the Bearish Bat pattern also occurs on the weekly chart, be careful of the downward reversal after breaking through the zone. After confirming the repulsion...
A Bearish type BlackSwan pattern occured within the resistance zone of 0.794-0.809. (In this resistance zone , there were rebounds in May 1996-Mar 1997, Feb 2004, Nov 2004, Mar 2005, Jan 2007, Aug 2007, Jun 2009, May 2010, Jan 2015, May 2015, Jul-Sep 2017, Jan 2018) If it falls below BlackSwan's point C (0.75636), consider Short further. If it rises above...
A Bearish BlackSwan pattern occured near the resistance zone of 129.00-129.50. (In this resistance zone , there was a rebound in Jul-Sep 2017, Mar 2018, May 2018, Jul 2018, Nov 2018, Dec 2018) Short after seeing the rebound.
NASDAQ:CRSP is holding its support and just bonce today from 50 MA. Swing play. Buy price: 163.39, Potential target: 219.42 & stop loss: 144.73. Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
MYOR (Mayora Indah Tbk) one of the best fundamental data in Indonesia consumers goods sector, now is testing its uptrend channel support as well as EMA150 as trendline moving support at price 2500, i think if you consider to invest for long term, this could be an opportunity to BUY, but if you are a trader you should consider more since the volume of the...
as we all know nzd usd was the most bullish pair of 2020 and its going to retest on monthly and weekly time frames as are we watching the market in that trading week. market broke the main support now turned resistance and going back down to next support at 0.70500 its clear sell entry. look for your own confirmations and enter with your own money management...
we had really nice correction for Bat Pattern as i mentioned at the previous BTC Update. After that we see that price is trying to recover itself again. as you see we have also symmetrical triangle pattern too. there is two strong key level around 40K and 30K which act significantly as support and resistance. and two vital level as i mentioned as blue are very...
In this quick Video Tutorial I discuss a simple and repeatable method to frame your charts with Support & Resistance Zones. This particular method holds for Futures and Forex Day Traders. This is an easy but critical skill for all traders to stop you from selling into support and buying into resistance. Later in the video I use an example of a trade setup...
Good day my friend, the previous analysis wsa on Daily chart, this is on a lower time frame 4H, using Trendline, Fib, support and resistance,fib trick, and pattern, let see how this plays out and hopefully GBP remains strong.
for previous week we said that we are going to face a resistance zone and we can enter the trade but we have to watch the price has not break price level 1.35867
Hello my friends, Another setup for next week is AUDNZD pairs. As you can see this pairs was bearish since August until Novemer but last week, it is moving in a sideways direction. Looks like sellers want to push it down but buyers won't let it happen. This 1.0500 area has served as a key turning point for this pair. I think we could see price rotate higher...