On 17th January, supply exceeded demand. So, the support line has been broken. The time will prove, whether: 1) Nifty will retest this level and fall further. or 2) Nifty will breakout this level and trade in the upward channel again.
PEPE is targeting the daily level below. If price can stay above the daily level and golden pocket, after a breakout of the descending trend line, that would be #BULLISH in my opinion. I would then expect price to target the POC (Yellow line) 20% above then the next major resistance (Blue box) 45% above. Calculate Your Risk/Reward so you don't lose more than...
Coin has broken so compliantly that 200EMA is currently re-testing this same EMA. As long as this re-test holds its zone, we might see some further movement to the lower zones, but if the re-test fails and moves slightly to the upper zone, we might move towards our upper, smaller resistance that we displayed as "orange" zones! Swallow Team
AXS is showing bullish price action. Price has moved up to the next major resistance level. Once we break this trend line, I will then switch my bias to bullish and look to enter a long. It is looking good after a sweep of the lows. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information....
FTM has broken out of the massive trendline and has now reclaimed the Anchored VWAP. if this bullish price action continues, we can see another 25% increase in price to the VAH. The POC is the next major resistance so if you enter a long that would be a great TP1. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the...
COINBASE:BTCUSD BINANCE:BTCUSD Its in the zone!!! The big move zone ....a retest of 42k can become the launchpad back to 48k and into the ascending broadening wedge it fell out of..worst case scenario we dump to 37k and hope to bounce there...
As We Talked in The Previous Analysis: The XAUUSD Formed a Descending Triangle. The Price Broke The Support Level (2013.702 - 2021.000). This Key Level Becomes a New Resistance Level. Currently, The Price Pull Back to Important Structure and Formed a Triple TOP Pattern. ________ TARGET: 1983.000🎯
✅BITCOIN is trading in a Local downtrend and the Coin made a retest of The horizontal resistance Of 40800$ from where I think we will see A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
After amazing movement on Bitcoin, we are seeing some kind of re-test happening in the upper zones (which is natural movement for coins) We are looking and keeping our eyes open for a potential short-squeeze to happen (as a lot of liquidity is sitting up there in the $43K zone). Overall, Target remains $34K.
Hello Traders! On Friday 1 Dec 23, The EURGBP Broke The Support Level (0.86162 - 0.86260). This Support Level Becomes a New Resistance Level. The Price Pull Back to The Key Level (0.87348 - 0.87149) and Now it Will Continue its Bearish Movement. TARGET: 0.85440🎯
AFRM is getting tighter and tighter as it retraces back toward the 50 EMA. A red to green entry tomorrow would be perfect, and could see us retest the high of $52.
GOLD may continue its decline as the metal is loaded on the resistance side. Bears are a bit stronger than buyers at the moment. The market continues to test support areas, which in all likelihood may lead to a decline in the medium term Reasons for further declines: 1) Downtrend 2) Dollar support, index is rising 3) Price is not updating highs, but updating...
✅EUR_AUD has retested the Horizontal support level of 1.6466 From where the price is Already moving up so Some further growth Is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
M&M at the weekly retest level of W pattern RSI AND VOLUME NOT favourable
Maruti Suzuki is at retest zone of w pattern breakout it has given on weekly chart. RSI not favourable Volume not favourable next move or can say confirmation of retest above 10240-10345 levels
Irfc was consolidating right from its listing in 2021. However, few months back, it gave a huge breakout from its supply zone of 25 to go upto 37 levels. It has recently given a retest of same level and going up to test the levels of 37 again. If 37.1 is broken, a higher high, higher low trend can be confirmed on weekly basis and it will indicate that a bull run...
After the breakout of the trading range with strong volume indicating presence of a bigger demand, now we are at the level of testing the resistance in the Wyckoff literature this is called jump across the creek which is a higher low above the trading range now our bias is 100% confirmed
SOLUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If...