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BTC has reached a critical point on its weekly chart, entering what we call the SUPPLY zone. This suggests that it might either pull back a bit or surge to new highs before dropping back down. We could see it go down to around 58k to 53k, but it's unlikely to dip below 50k. Why? Because there are new big investors who bought in at these levels and won't sell...
ZRXUSDT is in strong bullish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, 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 LL. What you guys think of this idea?
Reasons for bullish bias: - Price has given channel breakout - Entry at 0.382 fib retracement - Earnings date is 20 March, it might pump up - Safe Entry will be above 102 Here are the recommended trading levels: Entry Level(CMP): 94.16 Stop Loss Level: 78.64 Take Profit Level 1: 109.68 Take Profit Level 2: Open
🥳Happy New Year ( Nowruz ) to all my followers. 🙏I am very happy that I had followers like you in the previous year and that you supported me with your likes and comments and gave me a lot of energy. 🚀I hope that the new year will be full of good things for you and that I can at least help you with your financial progress. 💪Always be healthy and have a pocket...
Sezzle gonna Sizzle your Portfolio! We got This.
🏃♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡. 🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is...
FTM has grown immense strength after the last several weeks. My short-term target has been hit at 1.11$. This is a test to flip the channel into a supportive structure on the top side. -Next stop 1.26$ since the fed party allowed us to continue rampaging through the markets ; D
Hello Traders, welcome to today's analysis of S&P 500. -------- Explanation of my video analysis: The S&P 500 has been trading inside of a rising channel formation for a very long time. We had the last retest of the lower support level about 6 months ago which was then followed by an expected rally of +25% towards the upside. If the S&P 500 now retests the...
Let's delve into the EURCHF currency pair together in the daily timeframe 🕵️♂️💼 We've been present in a long-term channel on the daily timeframe, oscillating until recently when we broke and lost this channel 📉❌ Following the break of this channel's ceiling, a bullish trend has commenced, reaching the weekly resistance at 0.96837, indicating a critical zone...
As seen on the chart, SAND has been trading inside a well-defined bullish channel pattern for almost 6 months at this point. This signal is based on the idea that SAND will continue to trade within the channel and will bounce from the bottom support. Stop just below 0.50$, target at 1$ to create a very decent trade with high RR.
I'm not fan of this altcoin, mainly because it has a large market cap (which means most difficult to grow), but what we can't deny is the fact that it's a coin which has been doing it well since ever... Besides that, this coin is the second to grow after bitcoin pumps. Now, talking about the chart, you can see price is about to break main resistance (red) and is...
Should find support right around here. If not, I'll probably average down but I'll update this idea if/when that happens. Would consider selling some shares (maybe half of my position) around the 200-mo. EMA, which is also currently close to the top of the channel. Plan on buying those shares back near the bottom of the channel but want to keep some shares...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURNZD has been overall bearish, trading within the falling channel in red. Currently, EURNZD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting the upper bound of the short-term channel in blue. 🏹 Thus, the...
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago reached the support level, which coincided with the support area inside the upward channel and after two times it rebounded below. After this movement, Ripple turned around and in a short time rose to the resistance line of the channel,...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up. Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level. After this, it turned around...
FX:EURUSD is breaking the structure of the ascending channel and the market is trying to change the trend on the background of the strengthening dollar index. The market is waiting for news from FOMC & FED today. Globally, we have a neutral range in the format of a symmetrical triangle, with strong resistance at 1.095 - 1.10 inside, which restrains the price...
It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend Otherwise, it will be possible to continue the corrective process up to the Fibonacci levels. Then there will be a possibility of trend change in this range