I AM NOT A PROFESSIONAL TRADER. TRADE AT YOUR OWN RISK. Looks like a upward channel starting from a area of value 5.68. We are bumping our head on the top channel and resistance level of around 9.57. I can see a slight pullback to a VWAP line of 7.74 to cool down the RSI. The Daily chart volume is good to interest traders and have nice volatility for upward...
from last one year it is moving upside from the level of 2200, and right now it is trading at 6500, so in upcoming days we observing that we would see the price of 10000 like srf...
A lot of people turn bearish but btc did not leave its upward channel and it did not go under .618 fibonacci level
A lot people seem to turn bearish but bitcoin is still in its upward channel
What seemed like a retest of the broken trendline support is now looking more like a false breakout. The resistance is still holding strong, and from a trend following perspective I would like to get on the bear side for the dollar. What do you think?
For the last many weeks COLPAL is clearly in the upward channel.
Can be added near bottom Trendline
Chart Timeframe: 1D The pattern identified: Upward Channel Trade type: Swing Trade Note: Views are personnel & for educational purpose only
NYSE:PBR #PBR is now at the lower end of the channel Following history of the chart is now set for upside Managed to close above 50MA MACD approving level above 0 (bullish) RSI is gradually increasing Risk/reward 2.63
NYSE:TPC #TPC Short term upside based on previous moves - MACD curving up - RSI room to go higher Buy at USD 17.36 1st TP USD 18.39 2nd TP USD 19.23 SL USD 16.80
disclaimer: I have not studied charts only watched chartists on TV. Here's my amateur attempt. But I would say my previous career was in design so I will claim to be 'visually lead'. FWIW. So, Tesla broke trend a while back. I'm hoping I see a resumption of that trend. The channel should be somewhere between 760 & 820 by earnings. I hope...
Seeing this strong upward channel on the 15 minute chart. I think if it holds at the lower support she'll bounce to 394. Please comment and let me know what you guys think and if ya agree or disagree. I want to see what other people might be seeing as well. Good luck out there my fellow traders!
like I said bottoms likely in, now we should head back to 4,050 then we re-evaluate from there.
In the future, trends for Ethereum seems to be contradicting themselves, while longer trend shows price contraction (rising wedge), recent trend seems to favour upward channel. If the upward channel were to prevail, we could expect price to reach as high as 2000 USD within few days!
Spotted this bullish setup of a harmonic crab pattern in the upward channel. Price action plays an crucial confirmation in the potential reversal zone (blue box) for a target of MYR 3502.
I personally bought $BAND as soon as it broke out of the accumulation zone around $8.8 but I still think it is not late as the first goal for our 10% sell is at $28.
The legendary resistance which formed in October 2018 has just been broken! Don't even think about selling in the near future. We have to identify boundaries of the channel we currently are moving in.