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Keylevel

AUD USDThe aussie is having a good run while the dollar is showing signs of weakness. However the levels are lining up to the weekly supply zone - we will see if the aussie fakes out the buyers at the 0.672, however we have a minor zone which will need testing for another possible short. The long term effect of weekly swing S&D is our aim here. If you like our setup and work, please leave a comment, like. Please not these are only setup zones to look for sells - price can move and you have to act reactively in the market* Thanks, Lupa
Short
by LupaCapital
1
VeChain's key levels of support and ressistanceHello, and thanks for reading into my analysis, I'm not a fan of writing but I will try to explain this as simple as possible. Every price chart has areas where the price is either being pushed to the upside or pushed to the downside. In this chart, I marked the areas of price confluence in 6 key levels + level 0. This means I marked potential areas of support and resistance. Key LVL 6 = First resistance showed up at 337 Sats. Key LVL 5 = Acted as resistance as well and has been sitting at 273 sats. Key LVL 4 = was a sign of weakness which touched the 209 sats mark before we got a hell of a drop. Key LVL 3 = acted the first time as support in the history of levels and led to a pump all the way to LVL 5 before dropping again to key LVL 2 which was one of the most hurtful drops in this downward-direction trend. Key LVL 2 = was holding nicely as support until we tested KEY LVL 3 again and failed at 104 sats (that was the most hurtful drop (-80%) Key LVL 1 = Sitting at 30 sats, is acting as the strongest key level so far but we got rejected once we tried to break key level 2. From here on things get very interesting, it seems like we are consolidating in this key level area to eventually break to the upside. Key LVL 0 = Has never been touched so far and is the last key level. (let's hope it stays that way) EMA: The EMA's I use are the 25&50 EMA. 50 EMA (yellow) has been acting as resistance for now. 25 EMA (green) has been acting as resistance as well but got flipped into support as we tested key level 2 and now is looking to flip into potential support. RSI (14): Is creating Higher highs right now, the market seems to be interested in buying. Volume: The volume MA is growing as time passes by which is a great sign overall Fun fact: From all-time low to all-time high we have 917% to gain Greets, Doctor Pleb
Education
by KarimSubhieh
28
AUDUSD Seeking Weekly Supply ZonePreviously AUDUSD was due for a down wave that was fast and sharp. However, the market has not protected that structure and price is beginning to seek a Weekly level Supply Zone. Therefore the structure has changed. I will continue to look for a sell but at higher levels. Meanwhile, this trade setup is presenting itself on a 4 hour time chart. I will look to long this pair as soon as price descends back down to my entry level. We only react to the market, we don't predict the market.
Long
by UndergroundPipSurfer
USDCAD Short the Pull BackUSDCAD is currently in a tight range.. Almost all pairs are ranging. Therefore before the release we do not have a clear direction. Banks will eventually want to drive price back down to high Demand Zone. However, before they do that they will attempt to accumulate at these levels or even higher. Therefore you Stop loss should be tight. Until then, we are trading ranges. Price has made it in a daily supply zone on Friday and has made it's first move down. We will wait for a pull back to my trigger zone.
Short
by UndergroundPipSurfer
#bitcoin - Stall on WeeklyGood morning everyone. It´s been a while, sorry for that, but privately I am involved 24/7 thxn to the challenges that Covid-19 had for all of us. Anyways, I feel it´s worth to make an Update on the weekl now, since we have reached not only a key-level, we also slid into a typical stall. At the moment there is still room to the upper trendline, but 10k again turned out to be a rather tough nut. Usually traders argue about how long a price can stay in stall without being too endangered for freefall, it really is not much missing to initiate a move. The Yearly Pivot got picture perfectly retested, before the price moved up again and also overcame the long-term leadline again. That´s all relatively bullish, not only because a sell-off after halving did not happen. On smaller timeframes we had a double-top danger, which did not came true and shorter´s had a pretty rough time recently when they did not set tight targets. Price movement always reminds me a bit of aviation, the way up is slow and needs a ton of energy to overcome nature´s laws & forces. The way down is immenent. Wikipedia´s definition of "Stall (fluid dynamics)": In fluid dynamics, a stall is a reduction in the lift coefficient generated by a foil as angle of attack increases. This occurs when the critical angle of attack of the foil is exceeded. The critical angle of attack is typically about 15 degrees, but it may vary significantly depending on the fluid, foil, and Reynolds number. Stalls in fixed-wing flight are often experienced as a sudden reduction in lift as the pilot increases the wing's angle of attack and exceeds its critical angle of attack (which may be due to slowing down below stall speed in level flight). A stall does not mean that the engine(s) have stopped working, or that the aircraft has stopped moving. Best wishes. Neru.
BITSTAMP:BTCUSD
by Gl4diator
14
EURJPY only Buy set ups at the moment. Setting up Daily DemandI will be seeking a buy on EURJPY this week. It has bounced form a important key level and daily demand zone. I will have a tight stop loss on this trade because I'm using the Hourly for entry. However If I get stopped out, I will wait for the penetration of the Demand Zone and then at the open of the next hourly bar, I will re enter. There are circumstances where BFI's (Banking and Financial Institutions) are only seeking liquidity before the move. Therefore the structure will remain the same unless the demand zone is completely breached.
Long
by UndergroundPipSurfer
1
$BTCUSD Important levels for maintaining bullish momentumBefore we get into this idea, please note that performance is not guaranteed. I recommend doing your own research before entering any trade. Your upvotes & comments are appreciated. Since the strong decline between the 8th and the 12th of March, COINBASE:BTCUSD has been recovering in a healthy fashion. Drops like the one last week look bad temporarily​ but are swiftly erased by new gains. For COINBASE:BTCUSD to maintain this momentum, there are a few key levels that need to be broken. Before the drop in March, COINBASE:BTCUSD was able to break through the psychological $10,000 barrier, but failed to break through the $10,400 range. This failure was followed by a battle for the $10,000 level which the bears eventually won, driving price down to the lowest key resistance range, between $8,500 and $8,300. See image below for more. After failing to find support at those levels, the March drop took place, taking us to the start of the upwards trend COINBASE:BTCUSD is currently in. On the way back up, the $8800 level that previously acted as weak support turned into​ resistance and was broken rather easily. Since then we've seen price action re-attempt the $10,000 level. After failing, price retraced back to the support area between $8,500 & $8,300 before starting this new climb to the $10,000 range. Zooming out on the weekly timeframe, weekly support & resistance is around 9500, and has been respected on the daily as well. SUMMARY: Daily resistances $10,000 & $10,400 need to be broken for further gains. Failure to do so would result in retrace to the $8,800 - $8,300 support area, potentially further. Recommend longing when price breaks and successfully​ retests $10,400. Once again, please do your own research. Best of luck. - Jelle
COINBASE:BTCUSD
by CryptoJelleNL
2