Based on the chart, the price breaks the channel resistance to the upside and stay out of the purple zone and here we have support for the price if the price stay above the purple area, we can expect more gain for the price and our next two targets are located on the chart This is not financial advice, always do your own research. Please, feel free to...
Ethereum is retesting a recently broken resistance of a falling parallel channel on a daily. Forming a bullish engulfing candle it looks like the market is preparing for a bullish continuation. Next resistances: 3366 3600 ❤️Please, support this idea with like and comment!❤️
The price is near the lower boundary of the ascending channel. Locally Dogecoin is oversold. I believe that from the current price it is possible to gain coins to the target indicated on the chart.
As I mentioned in my previous analysis ✔️ the price has start to dump and hit the lower targets 💣🐳💣 and now it has been completing the retest of the descending channel and if the price stay above our support level, we can expect more gain and our targets and next resistance are located on the chart This is not financial advice, always do your own...
As we can see the price is near 0.61% Fibonacci support also daily descending channel formed here that channel support is ahead and we can expect local pump here to the targets and resistances that are mentioned on the chart. <>
The price went down out of the ascending channel. The gap opened earlier was closed. I expect a correction to the support level with further breakdown of the resistance level.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GBPUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
After the correction, we returned to the upward channel. It has consolidated above the support level. Locally oversold, could correct to the support level, test and rebound from it.
Gold possible having a pullback now for wave iv ( Cyan/Light Blue) where price could reach @ around 1845 before resuming its uptrend to around 1920 ( The confluence zone ) of Multi Time Frame parallel channel Upper Resistance Line...
As you can see from the chart DKNG bounced at a strong support area that was established back in Feb 2020 - April 2020. We can see that shortly after this bounce occurred there is a strong indication of a bullish macd crossover in unison with RSI moving out of oversold territory. On the 1 day chart we can see that DKNG is now in an ascending price channel and I...
Hi Traders, USDJPY is shaping up to continue its bearish momentum. As we can see the volatility on Friday made another swing low to further this correction development. We still have room to fall and with the Russia and Ukraine situation happening, I suspect safe-haven currencies like JPY will continue its strength. Waiting for a strong Impulse breakout...
Hi Traders, USDCAD had failed to breakout of Bullish Continuation structure which a short opportunity to the bottom of this structure is valid and could potentially be a 4:1RR. Price may continue down to the HTF lower boundary which we will manage this trade accordingly. Follow your trading plan and make sure your entry criteria is met before entering. Let me...
First, I tried to find an exchange that has more data or candles for COTI. The KuCoin Exchange was one of the first exchanges that launched COTI (03 Jun 2019). What is the COTI❗️❓ COTI stands for Currency of The Internet with the aim of creating a decentralized and scalable payment network to facilitate efficient global trade. COTI wants to create a new...
Hello Traders Here is a new SELL scenario, for the moment this is just an idea Aussie confirms the positivity until now 1.08000 is a level to watch ! I will come back to you with proper chart and signals ! JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including
LONG trade analysis on USDJPY . Graph is looking bullish from lower trendline to upper trendline in Parallel Rising Channel . We should wait for any Bullish Candle confirmation like Bullish Engulfing Candle or Hammer Candle and it is ready to place buy trade . Trade idea is also shown on RSI indicator. If you liked this idea or if you have your own...
sell, or wait for break out, better to wait for the break out and enter after retest
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Bitcoin working a parallel channel and moving into a wedge.