EURUSD 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 selling confluence the next leg lower could go for new HH. What you guys think of this idea?
Hello TradingView Family / Fellow Traders, On 4H: Left Chart NZDCAD has been overall bearish trading within the falling channel in blue. Currently, NZDCAD is approaching the lower bound of the channel so we will be looking for sell setups on lower timeframes. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the neckline...
AMEX:SPY March 18, 2024 Daily For the last rise from 493.56 to 518.22 AMEX:SPY has retraced 38.2% levels and is now at 21 day support. 61.8% of the move is 503 levels. So it is crucial that AMEX:SPY holds that level for any uptrend now to continue. Buy on daily is only above 518.5 levels. For the day in 15 minutes chart consider the last fall 514.94 to...
What's up TradingView Fam! This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need ! 1) Coin is at Monthly Support Key Level 2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out...
After the recent correction,the previous idea about this cup and handle (which I will link below) which described this pattern as purely speculative because we had not yet started to form a legitimate handle,is now no longer speculative as we have retraced enough and for enough daily candles to consider the current price action a handle even if it breaks above...
In my last analysis of Solana, the $63 to $69 resistance worked and caused the price to pull back to the $50 range. In this analysis, we will look at the strongest resistance in Solana's ascending path, which is in the range of $243 to $291 and is a combination of static and dynamic resistances. Good luck!
As of this week, SOL has finally broken out of a multi-year parallel channel (1). In my view, this is the start of a potentially amazing run up towards >1000$. As seen on the chart, there are multiple channels to be drawn on the chart, all using the bottom support (0) as their main base. The third channel (3) might be too far fetched for now, but it still would...
On a larger timeframe WTC is in a rising channel, it is at the top of this channel with a rising wedge on bearish divergence on a smaller timeframe. Looking for a retest of support for a entry and a move down to resistance for take profit. GL
Buyer beware here for the semis... NASDAQ:SMH Monthly chart, parallel channel resistance..
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago traded in the buyer zone, which coincided with the 2040 support level, and soon broke this level, after which it made a retest. Then price turned around and started to rise in an upward channel, where it in a short time reached the...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from support level, which coincided with support area, and rose to $69100 points. After this, BTC declined below $62800 level, but soon it started to grow in rising channel. In channel, price broke $62800 level, making fake...
Gold is moving in a channel where it has been hit 3 Top and test the area of 2086-2089. According to RSI it has been overbought and should retrace to 2055 area. 2086-2089 is a strong supply zone.
Logarithm. Completion time 1 month. Horizontal channel and reversal (reaction) zones for work. For clarity, I showed percentages of key support/resistance levels. The line graph is now at 03/2024. The queue for pumping cryptocurrencies by liquidity and “crowd involvement”. Remember this is a pair to Bitcoin. As a rule, the market brand, that is, BTC, is the...
BTC has dropped over 10% in the last two days. In my eyes, the bottom could potentially be in based on the parallel channel drawn on the chart. Alts took another beating. If this reversal plays out both alts and BTC are in for a treat. For now, I expect a retest 67.500$. Stop below the recent swing-low and a target at the yellow top resistance.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago broke the resistance level, which coincided with the seller zone, and some time traded below. But later, EUR rose back to the seller zone, after which it turned around and started to fall in a downward channel, where in a short time Euro...
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow, but soon price made a correction to this level, after which BNB continued to move up. Soon, the price turned around and made a fake breakout of...
BTC is experiencing a retracement after its recent bullish breakout. The battle at the strong support level of approximately 69k has shifted to the 65k-67.5k band. So, what's the next stop (possibly terminal) for this pullback? I anticipate BTC might revisit the mid-50k range, with a high chance of briefly dipping into the lower 50ks. This prediction stems from...
BINANCE:ETHUSDT COINBASE:ETHUSD Ethereum can start an upward scenario on the eve of its update. The condition for the occurrence of this bullish scenario is the stabilization of the price in the yellow range. after that, the bullish scenario can continue up to the level of 0.06 and after stabilizing above specified level, it can go up to the channel. ...