Despite Bitcoin showing a bear market in recent days, it remains within a range and fluctuating within a demand zone. Our point of interest is still very high, but still valid for the price to take a break before the jump. if you can look the general structure, we can see that where I marked the green circle, there is a lot of buying pressure. This is also an area...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups. NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet. 🏹 For the bulls to take...
Hello,Target! USD-CHF is trading in a Range between the Horizontal resistance of 0.9 And the support of 0.8911 And we are seeing a Rebound so I think We will see the pair Hit the resistance above Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! USD-CAD is trading in a range And the pair is going up again To retest the horizontal resistance Of the range, so despite the setup getting riskier and riskier Every time the range boundaries get retested I think there is a good chance to see a pullback And a move down towards the support below Sell! Like, comment and subscribe to boost your...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello,Traders! BITCOIN broke the falling resistance And is headed in the direction of the horizontal key level The pair isn't there yet, thus I think there is still some way to go But when BTC hits the resistance properly I am expecting a bearish correction To retest the falling support below! NOTE: I am expecting BTC to range all summer Thus the two...
☑️GBP_CAD is trading in two massive range The smaller one that has been there for 1.5 years And is about 6.3% wide And the other greater 4.5 year range That is 12.5% wide One might also notice a rising support From which the pair has bounced off recently I am bullish biased locally till the pair retests the upper resistance And then starts falling in the...
Short after daviation of the range-high. Confluence with the fibonacci
This is an example of a scenario where a range-trader might see some points of interest, some of them are listed below: 1- This drawn resistance around 112.000 is an important one, which has not been trespassed for the past 14 months (+-); 2- As we can observe, also, with the support of the indicators (Stoch + CCI), this might be an overbought zone; 3- If we zoom...
We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.
REMINDER : this is a range trade, must therefore be low leveraged and with a clean stoploss. If the market validates the breakout pattern then we're no longer in a range and a stop will have to be triggered. I'll secure 50% of that trade on TP1 to pay for my stoploss and keep the rest for a possible trend trade to the bear side. Hope this idea will inspire some...
Context: The Bitcoin 0.67% price is evolving in an uptrend range. In a range, the price goes up and down between two resistances. In this chart, the range is defined by the green zone. Opportunity: We will have an opportunity to buy because the price is hitting the support of the range. This may cause a bounce toward the resistance of this same range....
Godmode indicator + gann starchart + stochrsi tells us it will retrace for approx 11 days. Retrace started 1 day ago.
Todays BTC Candle has been wicking above the T-line(yellow line) quite a few times today which has acted as strong resistance the past couple days. It has now gone up above the t-line and touched The 200EMA(orange line) and bounced down off it a couple times today and currently, todays candle is as of this writing, still above the T-line. It's possible then that...
ETHUSD Range trading whilst DXY rallies Dollar strength today is forcing Alts onto a back foot. See DXY charts and comments to get a better handle on when to trade these, needing DXY weakness to really thrive with the tail- wind behind them. But when this littel dollar counter-rally ends DXY should fall back to 91, over 2% from here and give the Alts a big...
There is a nice uptrend. Now we are in a range, in the uptrend, lets look for some buys, This is the moment for a good Risk/Reward.