BTCUSDT (4h CHART) Technical Analysis Update Support breakdown BTC /USDT currently trading at $32000 SHORT Entry level: 33000 - 32000 ()Wait for the small retracement) STOP LOSS: Above $34700 Support level 1 (Target 1) : $28100 Support level 2 (Target 2) : $24000 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical...
IF $ALGO.X will flip the current daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black...
After falling last week and hitting the resistance area and forming a 4-hour bullish candle, it ended its work. Investors seem to be leaving in the short term, for many reasons, including recent bitcoin prices. This week we can expect a drop to the price of 1770. Good luck friends.
Analyzing this currency pair, we see that over the past few days the price has risen and got into the retracement zone of 1.351. This zone is made up of two lines. One of them is strong - educated in 2018. However, the second line of resistance is even stronger! To see it, open the weekly chart - the first touch of the line happened back in 2008 (!) During this...
Since November last year, the index has been in an upward channel and has been moving alternately between the resistance line and the support line. In early January, the price bounced off the support line at 29915 and rose sharply. The strength of growth was enough to break through the resistance line at point 30869. And for the last few days, the price has been...
DXY showing some seller exhaustion here we are attempting another breakout of a wedge that we have been stuck in for about a year. We have some classic bullish divergence on both the RSI and MACD weekly. Along with the divergence we closed last week above the bottom trendline with a Bullish Pinbar which is a bullish candlestick reversal pattern commonly found...
The price of this currency pair continues to move in an uptrend, which it started back in April last year. The trend started after the price bounced off the 0.627 support line and showed excellent growth. During this time, the price tried to break through this support line only once. And in October-November 2020, there was a false breakdown, which can be...
So, as I said in my last forecast, the price bounced off the support line and began to grow. But now I am adjusting the forecast for the strong resistance line. Since December last year, the currency pair has been trying to break the resistance line that was formed in the spring of 2020. However, all that we observe up to this moment are false breakouts, which...
Gold started to fall from the resistance line. Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit. Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal,...
The last half of the year, the price movement of this currency pair is very uneven. It is accompanied by strong collapses and equally strong price surges. At the same time, the pair maintains an uptrend, which is guided by the support line formed in May 2020. The price went almost exactly as I said in my previous idea. Also, at the lows and highs of the price,...
In the middle of autumn 2020, the price started an uptrend, during which it first managed to reach and then break through the 0.916 support level. This was an important breakout as the level is strong and after the price rallied above it it became an impressive support for it. As a result, the price almost immediately broke through the support line at 0.966....
In October last year, there was a collapse in prices, during which the pair reached its local minimum, pushed off the support and also quickly returned its positions. It was stopped by the resistance line 30398, which appeared on the chart back in September 2020. Having touched it, the price stopped its sharp rise, but continued to move evenly in an upward trend....
So, the most important thing that happened to the price over the last week was the breakout of the strong support line - at that moment of resistance - that was defining the downtrend in gold since August. Let me remind you that during all this time the price made only one false breakout of this line during the US elections. On December 30, the price touched this...
After the price broke through the 0.754 support line during the rise in mid-December, it moved along the line for several weeks trying to break through. However, in the end, it grew from it, rolled back and fixed on the line. After that, it received a new impetus for growth and began to move towards the resistance line. What you need to know about these two...
As we remember, the price of gold is now in an little upward channel and is ready to leave it. At the beginning of this week, the price touched the resistance line 1901.11 and fell to the support - the lower border of the channel 1873.86. The price line has been moving along this line for the past few days. It does not start to grow, however, it has not been able...
Throughout the fall and the first month of winter, the price moves in an upward trend. At first, the growth was based on the support line 1.287, but after the price bounced off it for the last time, it was able to break through the support line at 1.317 and rise above it. Now the price is moving between this support line and the resistance zone. The zone is...
In September, the price collapsed. Having touched the resistance line 142.07, to which the pair had been growing during the summer, the price fell to the support line 133.14. Then she began a new growth. It was during this growth that the price was able to break through the support level 136.97 and eventually returned to the resistance zone at the intersection of...