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Rejection

Bitcoin on the daily continued...As Bitcoin rejects off the key area it's following the prediction path line accurately so far over 2 weeks after the initial idea was published. The 4H 200EMA has provided support once again and on the 1D 30EMA support has held. Due to this BTC still has a good chance of progressing in the bullish trend if this structure holds. However, the overall trend switches from bullish to bearish after price falls below the 1D 200EMA & the red dotted trendline. Personally I think the chop will continue going into the weekend without any crazy news effecting the market.
INDEX:BTCUSD
by ProR35
ETH: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a big symmetrical triangle in the daily time frame and rejecting the upper resistance line. Currently, it is trading around the $1600 level. So we have two possible scenario's from here. First, a possible scenario is to get a bounce from the green support zone ($1420-$1500 range) The second possible scenario is if we break below the $1420 level then there are high chances that we revisit the lower trendline of the triangle ($1200 level) So for a bullish momentum in ETH, we need to break and hold above the symmetrical triangle. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
11
DOGE/USD- Incoming Breakout or Rejection for the Memecoin KingDOGE looks primed for a swing one way or the other within the fortnight. A break out from previous resistance would put an initial 28% target on the table however a rejection would create a far more comfortable entry price. DOGE has been very profitable for us in the past but the pricing now means much more consideration needs to go into entries. A few choice Tweets from Elon could easily push Doge back onto a tear but if looking for value I'd consider holding off and letting the trade come to you in the more realistic buy zones. As always, Just my thoughts and TA. Feedback welcomed. Bingaz.
by Bingaz
NZDCHF I Local short from resistance zone Welcome back! Let me know your thoughts in the comments! **NZDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
14
USDJPY I Short from psychological resistance zone Welcome back! Let me know your thoughts in the comments! **USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
8
SPX at Crossroads: What Next?Bull and Bear cases. Can go either way and all positions entail extreme risk at this juncture imo. IF last week's selloff TL rejection was a First Wave, THEN we going a lot lower real soon (projection in 5-EW). IF the Cup & Handle (so clear! notice line drawings) predominates, THEN look for a breakout above TL at 4k and retest with impulsive move higher. Notice the 5-EW in RSI, Friday 1/20 rally looks like a perfect Elliott wave and may be finished on short squeeze. No positions. Wait for direction! The squeeze carried index slightly above the .62 Fib retracement from edge of cup. Getting higher would be miraculous imo. NB: Descending TL now ~4k, a lower high may arrive 1/23 (4015 topped 1/18), if it rejects will be a clear signal; RSI has rejected at 70% 4x.
TVC:SPX
by DaddySawbucks
23
SPY Daily 01/12/2023 - Riding the upper trendlineIt looks like we are one again in a bear rally that has made it to the upper bear trendline. In the recent past (circled) we have seen rejection, and some throw overs that pull the rug out. Im not sure if this is the same, but the daily RSI is still in a spot it can run, and the MACD has curled up.... So... It looks like it can run a couple more days before reality checks in. OR bank earnings give it a boost and we set a new foundation, strong or not, it may force a continued rally.... Just my opinion, thinking outloud.
AMEX:SPY
by Markets-Sniper
Apple has some work to doLooking at $AAPL it is going to have to prove that it can hold this support above 125. Looks like we filled the imbalance completely and loss support. Can they hold above 130? Well if not look for it to retest 125 again!?! But this time it might be enough to have it fall to new lows. The rejection of the EMA coincides with this theory. Bullish Case 128 is a key level to have higher lows show up on lower timeframes. I this the rejection is the rest of the order waiting to fill between 127 and 128. Look for the bounces here. Bearish Case 130 psychological level has proven sell orders waiting there. 128 won't hold as this is the top of a range. This is something to play back down to 125.
NASDAQ:AAPL
by JDTheGreat
ETH - Now We Wait!⏱Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ETH has been slightly bullish trading inside the rising channel in brown. ETH is currently sitting around the middle of the channel, which is a no-trade zone to me. 🗒 So now, we wait... As ETH approaches the upper brown trendline and blue resistance, we will be looking for reversal sell setups. In parallel, as ETH approaches the lower brown trendline and green support, we will be looking for trend-following buy setups. We would be slightly bullish, unless or until we break below the lower brown trendline. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25
XRP technical analyze | posibility for long position on XRPUSDThello guys we have a very good opportunity for XRP long position As you can see in the chart, there is 2 way for XRP movement, and its up to Bitcoin movement in the next few days, so you should wait for a break out or confirmation of rejection all you need to know is in the chart good luck The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
Long
by expay24