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Descendingtrendline

RVNUSDT 4H Long setup; Bullflag after breakout of desc trendlineTA Explained RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot: After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup. Trade setup Best entries: 0.14991 -0.16440 TP1: 0.19931 TP2: 0.22581 TP3: 0.26428 SL: 0.12785 RR: 3.61 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
1
ALPHAUSDT 4H Long setup; Pullback entry after broken resistanceTA Explained ALPHA made a big impulsive move after which it retraced, found support but eventually dropped below it to find support lower. The decending trendline is broken and a higher high is created. Next up a higher low. After which it can continue upwards. Trade setup Best entries: 1.43653 - 1.66489 TP1: 2.17054 TP2: 2.79580 TP3: 3.45912 SL: 1.16355 RR: 4.85 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
1
Cardano Correction or move up?in this time frame we have a great ascending channel as you see in the chart, and key levels of support and resistance .for now price follows the bearish trend line and one unsuccessful break out and a triangle pattern as well. if the price could break out successfully and stabilize above the resistance we can see bullish movement to the top of channel 48 or 50. but if price be unable to break above and break downside of the triangle and ascending channel the two main support could be great area for price recovery and powerful movement to the higher targets.
by behnamkarimi6
EUR/GBP 2 Scenarios AnalysisEUR/GBP is currently following a descending trendline and it's approaching a Resistance Zone at 0.8940-0.8955, leaving us with two possible scenarios: Long: -RSI is close to oversold levels, indicating a possible reversal; -If we get a good rejection candle at the Resistance Zone, price might reverse and head to the upside, at a first instance until it touches the Descending Trendline and, if it breaks it, the next target would be the Resistance Zone at 0.9080-0.9095; -If price consolidates around the Support Zone and makes a strong and impulsive bullish candle, a long position could be on the table aswell. Short: -If price consolidates around the Support Zone, look for an impulsive bearish candle to confirm a continuation to the downside.
by LeonardoSousa
EURCAD looking for a retracement 🦐EURCAD after hitting the dynamic descending trendline look for a retracement move. The price hit the daily resistance at 1.55450 and couldn't break above. After an impulse, we expect a retracement and if the market will break below the 1.55 level we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together. Leave a comment that is helpful or encouraging. Let's master the markets together
Short
by InkyGrip
17
OMGBTC is trying to break a daily resistance 🦐OMGBTC is trying to break a daily resistance after a huge imoulse. The price bounce on 0.786 Fibonacci Level and it's inside a descending channel. IF the price will break a daily resistance According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
OLong
by InkyGrip
4
XRPUSD: triangle breakout, further positivity is coming?Cryptocurrency market is breaking out from descendeing trendlines (check my previous posts regarding).. global uncertainty around coronavirus might enhance further positivity. Triangle breakout in XRPUSD (yesterday close on daily timeframe) provides signal for joining bulls with quite wide stop around 0.215 and 0.365 t/p level.. (R:R=3.3) If entering the market at 0.265 S/L can be placed around 0.23 price level. // Feel free to share your opinion/position via comment and follow me to stay updated.
BINANCE:XRPUSDLong
by GIgor_021
ETHUSD: buy opportunityWhat's the situation on the crypto market? Well..not so long ago, we could see some big moves out from the descending trend lines in such crpytos as ETC, BCH, DASH , BSV..even BTC..which is somehow dictates the direction to the cryptocurrency market (check one of my previous posts of BTC, BCH or ETC). In one word - the market is bullish. Techincally speaking at the moment ETH is out of the descending trendline, so I think it could provide a similar move with a good R:R opportunity for joining bulls, especially for those who are playing it without leverage or stops and invest longer term. ETH annual yield: 0.475% // Follow me to stay updated.)
BINANCE:ETHUSDLong
by GIgor_021
EUR/JPY PRESENT - 2020 PREDICTIONPrice Action (Technical Analysis): Given that price is moving off our respected Monthly Descending Trend Line, price action is moving in a parallel channel what seems to be towards our Weekly Mid-Range Zone where price action can experience a high level of horizontal sensitivity after price breaks-out from an accumulation. If price breakouts to the upside then our targeted exit is around an exhaustion to the 61.8% of our initial bearish impulse. If price breaks out our mid-range zone bearish and pulls back to our mid-range support neckline than we can then find confirmations of entry and exit at new key level of (Weekly) support. Fundamental Analysis: This Week 7/29-8/2 we will begin to make more sense of higher time frame expectations after the market settles through all these high volume news & reports.
by RiosTrades