BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Trianglebreak
Ethereum/USDTBINANCE:ETHUSDT
The process, as we said in the past, after the correction
It will advance to the ceiling of the triangle and now the price
After reaching the roof of the canal, a recurring candle is formed
Which represents a correction for the trend that the price is somewhat
Will fall and then break the process to break the roof
The triangle will move forward and wait for confirmation after the failure
ETH/USDTBINANCE:ETHUSDT
Fortunately, with the growth of bitcoin, it has been able to almost
End your downtrend and move above the midline
Has arrived and is expected to perform pullback on the midline
Be guided to the canal ceiling and in addition to the canal ceiling
The 34,000 range is a strong resistance range for the trend
After the defeat of the 34 thousand area, you can make a heavy purchase
ETH/USDTBINANCE:ETHUSDT
As expected the floor of the triangle is broken and up to the limit
The last support we identified was down and after
The collision with the support area had a strong upward return
And if the trend progresses without correction and re-enters the triangle
The downward trend is almost over, but it is likely to be inside the triangle
There is a correction to be made
USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR
Red Line = 1 Hour SNR
Yellow = 5 Minute SNR
4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance
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This is not an investment advice.
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ETH/USDTBINANCE:ETHUSDT
I have to give an explanation of the scope of the correction, which is usually for
Find out how much the price falls in the form of correction
Will have to try to find this range
Lower the time frame so that you can reach small peaks and valleys
But be effective and consider those limits for yourself
If at any time you see that the price fell further out of the correction range
Understand and change your entry point
ETH/USDTBINANCE:ETHUSDT
There is a psychological resistance to the figure 2000
Which has hindered the price advance, of course, because of the growth
The weight it needs needs a correction, the price falls somewhat
Will and then will continue the process of defeating the resistance again
And in case of failure try to get out of capital management
Be sure to use
LINK/USDT Time Frame DailyBINANCE:LINKUSDT
To find strong support and resistance we can go to Time
Look at the frames above and we can see the price on
An important support is fluctuating and if the candlestick is the last one
If the positive Doji closes, the price can return to the upside
And the range of 20,000 is a strong resistance that breaks this area
It causes good growth for this currency.
ETH/USDT time fram 6hBINANCE:ETHUSDT
There is a triangle in the 6-hour time frame and the price is going up
The present is at the bottom of the triangle and the red line at
There is a chart intended as support
It is below the beginning of the previous wave and can be a support range
And there is a range of resistance within the triangle that if you look
You see, the price has penetrated that level many times, but
Go back down and see if the price can break this
Have a range Fracture of the triangular roof can be convenient
Bitcoin will see 30K or lower againHi there, According to my last ideas I was bearish on BTC and nothing is still changed, I'm still bearish!
Reasons why I'm bearish on BTC:
1. Strong breakout of critical ascending trend line on 8 July.
2. Current bullish movement which was started from 32K is weak.
3. We had lower lows and lower high from 5 July.
4. Strong cluster resistance(35K), Dynamic and static resistance which is located in same place.
Note that: I'm bearish until 35K will be broken clearly.
Ask your questions, I will answer.
Your likes and comment are best thank u.
Good luck
Welspun India - Can be a breakout trade | Swing tradeGood swing opportunity after trendline breakout with volumes.
Currently formed a bullish candle at support.
Keep an eye!
CMP: 92.35
ETH/USDTBINANCE:ETHUSDT
The price is going to break the ceiling and resist
It is weaker than before and the possibility of failure is high
Go to the lower time frame after breaking the triangle ceiling
And by identifying the candle and finding confirmation of the entry decision
If the triangle is broken from the floor, it will fall slightly
Can take the Fibonacci level 1.414 and if the Fibonacci level
If broken, the fall will be heavy
GBPCAD bullish scenario:In this pair, we have the technical figure Triangle. The Triangle has broken through the resistance line on 07/07/2021. GBPCAD forming a bullish formation on a daily chart. If the price holds above this level we will have possible bullish price movement with a forecast for the next 22 days with a target of 1.7367. If we decide to enter this position our stop loss order should be placed at 1.7367.
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