Hi mates and Trading community so here i am sharing mine a very simple and ordinary idea on Nvidia on the basis of price action support and resistance but hope it will work and will respect to the marked levels. So as we can see that price reaching third time to the marked resistance and getting rejections again from there so i marked up an immediate support...
This technical analysis is based on the daily chart of BINANCE:SHIBUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated. Price Channel Analysis: The price is currently within a price channel ranging from to USDT. The suggested entry point is around USDT. Entry and Exit Points: ...
This technical analysis is based on the daily chart of BINANCE:HOTUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated. Price Channel Analysis: The price is currently within a price channel ranging from 0.002072 to 0.003237 USDT. The suggested entry point is around 0.002295...
ROBINHOOD - Long Term Exponential Potential HOOD as a less favored stock has been bottoming in price for over 2 years....I believe the GameStop saga coming to an end and their rich product suite along with major growth presents a potential exponential opportunity ✅ Exponential Return Opportunity: The price fell 78% from $85 to $6.81 and since June 2022 has...
If you find this information inspiring/helpful, please consider a boost and follow! CRYPTOCAP:PEPE following the path I laid out. Not its at a discission area in my opinion. If it can hold this level I am thinking it will give another bounce. IF it breaks below the level I will be watching to see if the level plays again as resistance.
In the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period. Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout. Currently, the target of an Inverse...
Bitcoin had been forming a rising channel for quite a few days here which is seen best on the 4hr chart timeframe. I chose to show it on the 1day timeframe though because the channels breakdown target just so happens to align with the daily 50ma(orange line). It would make a lot of sense for it to retrace to the 50ma and attempt to retest it as support. Of course...
Amid the market weakness, Venus pipes with strong n growth last quarter results, showing resilience. In last fall (around 13 March) it undercut n rally 50 ema (a good shakeout) and this time it's holding 21 ema. Let's see how it breakout 2160, volume is required in this bad market conditions.
It my handmade channels. There is nothing to say. I named it as NAD Channels
If you find this information inspiring/helpful, please consider a boost and follow! Busted above this level before. Now its coming back for a retest. That combined with the Elliott wave count. I think there could be a bounce here, for at least one more move to the most recent high. If price breaks below 7.70 swiftly, I think it may turn back into resistance.
price is up again and made new all time high investors bought the dip at $2300 psychological level this new rally is testing upper and lower yellow line price has made yellow parallel channel
ETHUSD Elliott Wave Technical Analysis Mode: Corrective Structure: Flat Position: Wave (c) of (iv) Direction: Wave (c) of (iv) is still in play Details: Wave (b) ended around 3878 and now Wave (C) is in play which I expected to be end around 3050-2870 which will be my entry point. Next Direction: Wave (v) which will complete the next higher Degrees...
Hey guys! We are in a moment of volatility in the markets, either you risk and go for memes or play it safe and go for patterns that took time build and create so that it would add up extra confluence to our ideas. 1) Buy area has the BUY icon, within this area we can see a rising trendline indicated as the potential zone to buy from, everytime price falls into...
Price has touched support level and started taking a ride until specified resistance level price moving in a range bound Support and resistance levels are specified for short term trade Enter more after breakout
We can attempt to buy NETSOL from specified level as it is trading in parallel channel , also 0.5 FIB intact , also there is no bearish divergence at current levels. SL , TP mention in chart.
FLOKI is in bullish trend. As the market is consistently printing new HHs and HLs. FLOKI is currently trading in a strong bullish ascending channel and is now retracing after the last HH, which is also the 0.5 Fib retracement level and local support zone as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. we...
AMEX:SPY May 20, 2024 15 Minutes AMEX:SPY managed to hold 527.5 as marked in char with a rectangle box. AMEX:SPY making a series of LH, LL pattern. So considering the rise 527.33 to 529.5 must hold 527.5 528 levels for uptrend. And if we take that fall from 531.52 to 527.33 AMEX:SPY need to cross 530 for any longs as it it represents 61.8% of...
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.