After the upward lag that started at the price of 63 dollars, it has continued its upward trend in the form of an ASCENDING channel. By reaching the resistance levels, we saw returns from these areas as long shadows, which indicates high liquidity in these areas and it is difficult to pass through these areas. Multiple reversals from these areas show the...
By consolidating above the resistance zone, this zone has lost its validity. Once again, the price needs to accumulate liquidity in the support zones for a new bullish phase. The dynamic support level of the channel also determines the price trend that we need to see the price reaction to this level and the static support level to enter into purchase...
-With the formation of a corrective phase within an uptrend, here we saw the formation of a flag pattern. which has managed to break it upwards today If it can invalidate the upcoming resistance zone, the probability that the price will reach the level of 1.288 will increase. if you liked this idea or if you have your own opinion about it
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 After price started to rise inside rising channel, it rose and soon broke $1.0535 support level, which coincided with support area. Later, Euro reached resistance line of channel, made correction, and then rose to $1.0640 resistance level. Euro exited from...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some days ago bounced from the support line and rose to the resistance line, breaking the 1.0685 resistance level, which coincided with the seller zone, but soon Euro rebounded back from the resistance line. Next, the price entered to upward channel, where...
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a few time ago rebounded up from the support level, which coincided with the buyer zone, but soon started to fall and in a short time declined back to the 1550 level. After this, ETH started to rise in an upward channel, where it rose until to the current...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price a few days ago prices rebounded from the support line of the pennant and rose to the current 1945 support level, which coincided with the support area, but Gold at once bounced and started to decline. price fell until to support line of the pennant,...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a few days ago price started to rise inside the upward channel, where it rebounded from the support line and then reached the 26000 support level, which coincided with the buyer zone. Then the price broke this level, made a small correction, and after this...
Me again with another setup of RNDR/USDT. I have mentioned my analysis by showing that RNDR is slowing making an upward trend channel. I have used 12HTF and mentioned my bullish and bearish points in it. As the market is right now going down, some of the alts are performing in the upper direction, and RNDR is one of them because, from this new year on, RNDR...
OANDA:EURUSD Eurusd , Is trading in channel up , After immense bearish downtrend last week market recover 100% , As market is overbought now Possible market after hitting resistance at 1.0777 will retrace to lower trendline for more bullish momentum Our target from 1.0777 will be 1.0709 area if price break down lower trendline than fair chances that we...
BNB - Trading in channel ready to explode (Long Hold) ...
Key highlights: 💡⚡ 📈 Index is moving in Upward Moving Channel since 4th Nov 2020 as mention in chart. 📈 Index is taking exact support of lower trend line. 📈 MACD is also giving Crossover. 📈 One may go for swing trade into ENERGY SECTOR. KEEP AN EYE ON ENERGY SECTOR STOCK. EXAMPLE - ADANITRANS , RELIANCE ⚠️ Important: Always maintain your Risk & Reward...
Upward channel is there but showing sign of testing 1500 Level then possibly bounce back. Also, overall market is sell on rise. View: BEARISH Expected Target 1500 CMP 1703 Going for Bearish Spread (HEDGING) seems to be the best choice at the moment. Buying 1800 CE would be good for buffer in case there is bullish move for short time. CMP 50 Shorting 1500 CE...
Hi everyone! Daily " BTCUSDT Upward channel. BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line ) If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level) If failing to hold above this level and( a) daily candle closes below $40.8K (White broken...
All details are on chart. Please note - Am not a SEBI registered. Please do your own analyses before taking any position. This post is only for educational purpose.
DNN chart upward channel, good support level to buy with expect rise to 2.2 $ from current price of 1.7 $. Convergence with CCI indicator suspected price rise.
ebay follows an upward channel with clear support and resistant level. Price expect to reach 84$ with gain of 12$ from current price 72.66
Upward channel in play. Shorting or taking partial profits at the top of the channel, as well as adding to the position on the lower part of the channel (green) has been working well. RSI is confirming the move.