Reasons for bullish bias: - Basic DOW theory - SL below last HL Here are the recommended trading levels: Entry Level(CMP): 35.96 Stop Loss Level: 33.79 Take Profit Level 1: 38.13 Take Profit Level 2: Open
ALGOUSDT Implementing Dow Theory 4 hours candle analysis #dowtheory #algousdt #cryptoanalysis
SAVMUSDT is on the verge of a significant breakout, with its sights set on a key resistance level at $12.268. This potential breakout coincides with the upcoming launch of the SatoshiVM mainnet alpha on Friday, March 15th Technical Analysis: Resistance: $12.268 Support: $10.666 (Weekly R2) Dow Theory: Confirmation of Uptrend Key Observations:...
🔍Aave's price action in the weekly timeframe indicates the possibility of breaking out of its 658-day consolidation phase, potentially initiating an upward trend. ✅After breaking its trend line, the price has surged by 100%. Although it faced rejection from the 110-120 supply zone initially, a second attempt with significant volume and bullish candlestick...
In this chart we observe a Bullish trend and consecutive HH & HL and we take short entry at the point of HH and we exit near to HL. This is the application of Dow Theory. Hope it will work
🔍In the weekly timeframe, Atom's price action has remained within consolidation since May 2022, without a breakout for over 660 days. However, recent developments show a significant breakout of the trend line, supported by confirmation signals based on Dow Theory principles in the preceding candlestick. 💎The Fixed Range Volume Profile indicator complements the...
FISUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
NZDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
EURUSD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% fib retracement level. If the sell momentum continues the next target could be 1.0690. What you guys think of this idea?
XLMUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
FTMUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
GBPCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
GBPJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
📉 Overview: CADJPY, previously bullish, now shows bearish divergence on the 1-hour timeframe, forming its first lower high. With a strong 90% short market sentiment, there is significant support for an anticipated bearish reversal. 📊 Technical Analysis: Bearish divergence and the formation of a lower high suggest a potential shift from bullish to bearish. 📈...
EURNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level. If the sell momentum continues the next target could be 1.7500 What you guys think of this idea?
ROSEUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
📈 Overview: AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal. 📊 Technical Analysis: Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal. 📉 Market...
9 years breakout once it flips this level into support. lets see how it goes. #dyor