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Parallelchannels

TESLAHello & welcome to this analysis In the monthly time frame we can see the stock has broken and continues to trade below the Ichimoku Base line support, suggesting a likely test of the Ichimoku clouds in the coming months. In the weekly we can see a Head & Shoulder formation with the right shoulder withing a parallel channel. Sustaining below $205 (weekly) this could break all the way down to $150 before any relief / value buying comes in. Short term bounces here there might come due to oversold zones, but overall structure has become very bearish for the medium term.
NASDAQ:TSLAShort
by Dinesh_C_Nagpal
1
Luna - Technical Analysis- compared to Ethereum EthThis is a good example to Analyze Eth chart pattern. Even Eth is making something similar parallel pattern in a longer time frames. Generally, after the 2nd consolidation it should Break out from the channel, if it fails and making Bearish Divergence in the rsi, high possibility that it will break down from the channel. This doesn't mean Eth falls in a similar fashion as Luna fell down, but i took Luna as example to explain the movement in the parallel channel. Ethereum most probably make one more cycle in the next bull run and make bearish Divergence in rsi or Mfi and break down from this channel.
by nmchary
#BNB REACH TO $45 ... SEE THIS ANALYSIShello guys... i know we are holders and its hard to analysis our cryptocurrencies this way but we should see it clearly, all sign show bearish movement at market! unfortunately... bnb had formed a QM pattern and there is a chance to get back to QML.. that level is good for getting a short position or selling your bnb... but maybe this crypto currency do not make a retrace movement and fall from here! always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
Short
by melikatrader94
10
TSLA Major Confluence Long Signal!Going to keep this simple. We have a touch on the bottom of the descending parallelly channel, a major horizontal support line, and the golden pocket. This is a very bullish setup for TSLA to bounce. Stops should be placed below golden pock with the right position size and risk management to protect your account incase the bears manage to push the price through this major support. Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
NASDAQ:TSLALong
by rnaofs
My Price Analysis of LINKBTC on December 10, 2022Hello friends. Today, according to the LINKBTC chart, I noticed that the chart is generally going down and I have drawn the short-term channel in the 1-hour time frame. The formation of EMAs of 50, 100 and 200 assures that the market is bearish. On the other hand, this arrangement is being formed in the 2-hour time frame. On the other hand, the MACD indicator gives a buy signal. My analysis of this signal is that it can either be a fake signal or a short-term signal that will return to its downward channel after encountering the upcoming resistance. and continue its downward trend.
Short
by Saleh_Toodarvari
Harmonic Pattern with Multiple Confluence for Point X and DThis is an example of regression channel with harmonic pattern. By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly. There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete. For Point D, best to monitor price changes using RSI or other similar RSI (Cyclic RSI, etc). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive 4. Simple OHLC Custom Range Interactive 5. Cyclic RSI High Low With Noise Filter
MYX:FKLI1!Education
by RozaniGhani-RG
BTCUSDT - Gartley <3Again Gartley .. Pulling Fibs and channel.. At the moment strong daily, undoubtedly strong daily but massive monthly and key level to break 17.5k .. Hitting lower than 16.5 to 16.2 would break confidence back to the upside. What would you do if the price hit 16.2k? : ) (Dont answer) I like the range I've drawn. Green parallel channel. I don't believe in Bearish/Bullish channels, its too far into the future as it is. Nice to see a flip 17.6k to 19.2K Eye on the ball, were on a downtrend, eye open for a trend reversal.
by hmaroudas
1