In short, looks like bottom is in (white lines), bullish reversal from lower lows to higher lows (green lines), still stuck under descending trend-line (red line).
BTC still needs to make higher highs, a break above descending trend-line could lead to this.
There is a possibility for a triple bottom and potential reversal. Let's see how this plays out.
This is not forecast unlike my other charts, just an idea/possibility that has a realistic chance to come to fruition.
People called 4k when we hit 6k bottom and where I bought, people called for 4.8k at 6.45k where I bought, people called for 5k at 6.1k where I ...
Evraz PLC advances higher yet again, using the 50 daily simple moving average as a ladder.
Price has not gone down to test the 200 daily simple moving average which is a good sign of a strong uptrend.
It is common for price to use the 50SMA as support in a good uptrend which is what is occurring here.
Since the last break of resistance we are seeing more strength ...
The new fresh demand that I marked below is a momentum changed one, for the long terms the price Now developed a bullish momentum and seems to tend to reach the supply above as his next Destination, if the price return to the demand below, I'll buy there and my target will be the supply Above, this supply is also a great one for sell position, but I'll be more ...
Last post: June 11th. See chart.
Review: Price was holding at a support level.
Update: Price has since bounced off the support area and looks ready to tackle the resistance level just above.
Conclusion: If there is a breakout then we can look for long opportunities which may happen soon.
Any comments or questions, do not hesitate to leave them below. Give us ...
Last post: April 28th. See chart.
Review: Price had broken out of consolidation and was trending well following this.
Update: Price is fast approaching £1.00 where it may find resistance.
Conclusion: Once price breaks through £1.00 we can look for long opportunities.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our ...
Griffin Mining recently broke through the previous all-time high. It struggled at first as the buyers were trying to gain some ground and as they found their footing, the momentum to the upside kicked in and we may be seeing the beginning of an impulse uptrend.
The Daily chart (not shown) is using the 50 simple moving average as support as it makes higher ...
As BTCUSD encroaches its upper resistance there is also pressure from the lower resistance "red line" (NOT a flat bottomed triangle), so far BTC has stuck within its channels as per my previous posts.. If BTC fails to break this lower resistance line in the enxt day or so, it seems the increasingly desperate shorters are failing in pulling the price lower since ...
Last post: September 6th. See chart.
Review: Price had pulled back below the support level.
Update: Price is now back above the support level and making new highs again and is up 395 points.
Conclusion: We will be looking for long opportunities when we see another breakout.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up ...
Weekly time frame indicates price is expected to push up to the supply zone. Short time frame we have 38.2% fib level respected as well as our short term demand zone.
Expected play out highlighted with arrows.
Illyious
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is currently in a strong uptrend but finding it difficult to break through $90 which is acting as a strong round number.
Conclusion: We will look for more long opportunities if price can break through $90.
Any comments or questions, do not hesitate to leave them below. ...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Beneath the previous support level but above the 50 simple moving average and the $80 round number.
Conclusion: Wait for a breakout above the previous high before attempting to go long.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you ...
This EURJPY trade has already been taken long, however I would like to show the Indication of setting the trade. Bullish Pinbar, key area and trend all factors.... EUR showing strength after Tuesday also.
Be patient
Don't jump into a trade
You yourself are liable for your own trades.
=)
