The trend drawn from the ATH level of 2011 looks like a pullback movement in the red line. Price can say that the sloping trend line is a pullback movement after it broke down in November of last year. As for the RSI indicator, as indicated by the red circle in the figure, the situation is very close to the scene of the sudden fall in the summer of 2015. In...
PARA (Paramount) Take the weekly chart, connect the lows since 2009 and you get a nice trend line . Price seems to react to this area so the risk reward is quiet good here for a long swing trade . The trend line is your support. 16 is your stop. I'm targeting 19.40 and 20.71, then we reevaluate. For those who want to invest for the long term, PARA offers a...
Hello,Traders! CHF-JPY is already making A bullish rebound from the Support level so I think We will see some Further move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Primary Chart: AMZN's Primary Downtrend with Parallel Channel, Daily 8 and 21 EMAs, Fibonacci Levels Summary: 1. SquishTrade's longer-term view is bearish. In the short-term, prices could bounce to retrace the first wave of decline from the November 15 high at $103.79. 2. Short-term bounce targets are $100. After the bounce reverses lower, downside price...
ARKK is looking oversold for the time being. Looking for a nice DCB before seeing some capitulation sell off.
Bullish cypher near the 2.618 downside extension from the December distribution. Eyeing bounce to 275-277 as a decision point. Rejection from 275-277 would imply further downside, will re-evaluate there. Should see explosive upside to the 275-277 in coming weeks. Minor accumulation around current level.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year. According to the chart, Total2 is an important support level and...
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no really, this thing is set to roar. big rigs, big pigs, young hogs and motor fog. letterr rrrrrrip! were down near the bottom of the envelope, were way oversold, and the sectir is acting defensively in rotation with a bear market. id like to revisit the top of this rectangle and then dump again 🤷
will amazon bounce off the 61 fib and previous support? its absolutely nuts when you zoom out at some of these stocks over the past two decades
On the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up. All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition. All further details are shown on...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. In my previous BTC update i clearly told you that BTC is not break above $18.2k level and we might see a rejection from there and exactly the same happened. So what's next? As of now, BTC holding the green support area ($16.5k-$16.8k) and...
we are at the low end of top anchored vwap. if we get over this pivot and support meaningfully we could see a test of sss moving average or signal around upper horizontal and gap close. if we remain beneath and resist with sss signal and qqe staying red id look for that lower horizontal.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is breaking out from the falling wedge-like structure in 4hr time frame and currently, looks like a retest. We have a good support range here. ETH should bounce from here. If it breaks down the support (4hr close below $1150) then...
The pain continues, 12k will be the bounce to look at. Consolidation will take place before any legitimate turns towards the moon.
Lots of Indifference on the charts.”equalizer” on the daily. Last candle on the daily shows possibility of a bounce. Waiting on more confirmation and RSI move above 30 and oscillator to turn green. Will enter on lower timeframe Let me know what you think about this idea! Slam the like and leave your thoughts below!
Hey tradomaniacs, technically a great chance to go long in EUR/USD after thgis aweful volatile day. Good support and likely to hold due to falling yields (Non-Sense-Correltation) aswell as absoprtion at the support-zone in market-depth. Gonan take a long with aggr. management as volatility is very risky today. What do you think?