Note: fun forecast!!! ---> Not Financial Advice!!! <---
Potential price movement using key support and resistance zones with key price action rejection towards $50,000. Open to suggestions and comments.
after a small consolidation (ideally a consolidation at this KL, but the market is too volatile so we might get a push right on Tuesday) we will uptrend: 1) engulfing candle on 4h chart 2) doji candle on 4h chart 3) major KL 430s area (res to supp) note: market is tanking and is in need on a little push before major pull (FED Meetings and the rest... ugh...
I'm not sure if my support and resistance zones are right. I see price coming back to the area. How can I confirm when to get in. I know candlesticks but should I look for a doji or a engulfing pattern for confirmation. Just stuck maybe need to look at other pairs.
I'm a total beginner at charting and TA. I saw this green line originally a resistance line get broken and become a support line. I set up a new resistance line and saw it get tested for the 3rd time. Was just quite impressed to see the green support line get tested today 1.24.2022 and BTC Bounce off the support line. I figured I would publish this.
thousands step more before becoming MLG Bullish Master
BTC $1M dollars? LOL! not financial advice, newbie forecast.
BTC in next 5 years by Newbie Wave :P BTC $1M dollars? LOL! not financial advice, newbie forecast, just for fun.
i am showing my analyse of GBPJPY. We are in downtrend and i am waiting for breakout of an trendline, I am bullish on this, because my view is, that it will don´t cross an support. RSI is low and we will get a lot of reports for GBPJPY. NOT FINANCIAL ADVICE if you admire my analyse, please hit the "like" button, stay safe.
Resistance and an uptrend line. Just watch and wait for some cross. Hope you like this one, this is not so educational as the crisis that i made a week ago, but still good enough to post it. Have a nice day and stay safe :)
Support/Resistance levels legend : Green : Very likely for the price to pass (low support/resistance) Yellow : Unlikely to passs.(medium support/resistance ) Red : Very unlikely for the price to pass ( hard support/resistance)
Bull season Support/Resistance levels legend : Green : Very likely for the price to pass (low support/resistance) Yellow : Unlikely to passs.(medium support/resistance ) Red : Very unlikely for the price to pass ( hard support/resistance)
Support/Resistance levels legend : Green : Very likely for the price to pass (low support/resistance) Red : Very unlikely for the price to pass ( hard support/resistance)
A bit of story on what i think of XAUUSD today .. I am just learning. Opinions are more than welcome
This is my personal look on the possible outcome for Bitcoin due to this current bull rally. Now that it has broken out and retested the 40,000 level we are looking at a new target of 48,000. Notice how the volume also supports this idea. We will play the long up until 48000 for intraday/week investment and if it hits the target zone i will be looking for a short...