Dose the dogecoin break its resistance trend line?A strong resistance line is formed in the 4-hour time frame.In the range of 13.3 cents,there is a strong support line,which is quickly rejected every time the price hits it.TP1 and TP2 will be accessible if the resistance line is broken upwards.If the support line is broken down,the price decreases by the height of the triangle.
4h
SOL fights with resistance at $ 106Hello everyone, let's take a look at the SOL to USDT Chart on the 4H Interval. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 102 if the support is broken, the next one is $ 92 and another one at $ 78.
Now let's move on from the resistance line, as you can see, the first resistance is $ 106 which the price is currently struggling with, if it manages to break it, the next resistance will be $ 113 and $ 119.
Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has already been used.
NOTE! BTC a lot of energy at 4H.Hello everyone, let's take a look at the BTC to USDT chart over time. As you can see, the price is moving in an uptrend channel marked with blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 39,808, if the support breaks down, the next one is $ 37,558.
Now let's move from the resistance line as you can see the first resistance is $ 41,429, if you can break it the next resistance will be $ 42,779 and $ 43,769.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and we can expect movement in inspiring hours.
SHIB a lot of energy in the 4H interval!Hello everyone, let's take a look at the SHIB to USDT chart at 4H. As you can see, the price is moving along the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002534, if the support breaks down, the next one is $ 0.00002425, and the next one is $ 0.00002269.
Now let's move from the resistance line as you can see, the first resistance is $ 0.00002629, if you can break it, the next resistance is $ 0.00002795, the next one is $ 0.00002973 and the next one is $ 0.00003214.
Looking at the CHOP indicator, we can see that in the 4H interval we have a lot of energy, if BTC remains calm, we can observe an increase in the SHIB price in the coming hours.
Buy Setup Of US30, 4HHello traders,
here is chart on USD30. The market has now completed the correction of the first wave.
Now that the correction is completed, the market is ready for a second bullish impulse.
GBP/JPY LONG MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
BUY STOP ENTRY : 160.985
STOP LOSS : 159.443
TAKE PROFIT 25% : 161.37
TAKE PROFIT 50% : 161.756
TAKE PROFIT 75% : 162.141
TAKE PROFIT 100% : 162.527
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
NZD/CAD SHORT MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
SELL STOP ENTRY : 0.86505
STOP LOSS : 0.87227
TAKE PROFIT 25% : 0.86325
TAKE PROFIT 50% : 0.86145
TAKE PROFIT 75% : 0.85964
TAKE PROFIT 100% : 0.85783
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
BTC 4HR Possible price movements/targetsPrice needs to hold the Breakout of the uptrend and gain the Excess price line.
BTC Overbought now so retracement to lower levels very possible.
If price breaks above, I am going to watch the Long POI as possible retracement target for BTC.
Before BTC will try to go to the 50K level.
No financial advice
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USDCHF:Support Break Could Open For A Drop Towards 0.92000 Area!USDCHF Climbed considerably high a few weeks ago breaking the long held range trading in the process on the back of the USD strength. However since then the price seems to have lost some momentum and now it looks to go lower. Based on technical perspective on the 4H timeframe, the support of 0.93000 must be broken on the daily chart! After this A Short swing trade could be executed with the target being the ascending trendline beneath at the region of 0.92000.
All the trade details are clearly visible on the main chart shall the above stated criteria be met. Remember to adjust your entry point to attain ideal 1:1 RR.
Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights into other major currency pairs.
What's next for Gold (XAUUSD)?We would appreciate your opinion in the comment section.
What's next for Gold?
If you take a closer look at our previous week's gold prediction, you can see everything went as planned. Gold broke our determined resistance zone, went for a pullback and skyrocketed to the 2020's high. The question is, what now? Price got rejected from 2070, and looking at 4H, created a sort of perfect head & shoulders. That should give us a signal for bearish movement. Price action did go down to 1960 (again our support zone), but an immediate bounce from it signals that price actually can't be traded lower. Why is that? As stated in the last gold idea, the price is closely related to the war between Russia and Ukraine. The thing is, it's not only about the war anymore, but every country (including yours) is also experiencing high inflation. Take a look at the prices in your country. There are high possibilities they went up. Gold as the primary measure against inflation can't go any lower. Demand increased. We are expecting bullish movement again with a possible target of 2000+. Use faster timeframes for entries (as stated on the chart). Tight stop losses on entry!
NZSUSD ready for another dipTop chart shows heavy bearish pressure in the weekly timeframe and the trice broke an important support now resistance and is testing it . In the daily we can see a bearish flag forming, I don't think is going to break through the resistance levels son I opened a small position, if I see price breaking the support of the bearish flag in 4H I will add to my short position.