Get started

Resistance_level

DYDX- welcome to floor -1Hello everyone Since last week we had a great fall of the price on DYDXUSDT, as you can see today's bar went above the high of yesterday's, which gave me the impression of a pin-bar for a second and then turn into this terrifying shadow.I know this asset been nothing but down trend so far,but a price this low for such good asset is just unfair. Anyway we have seen the low of the market on Tuesday. This shape of the trend might turn into a wedge pattern and let us have a breakout to higher levels. For now we have the low of yesterday as support 4.05$ and 4.25$ as resistance level I would wait for higher lows and in case of a reversal pattern, I will enter on my second signal (NOT THE FIRST ONE).
by HubAlgo
2
Bitcoin Is About To Pump! Here are my targetsBitcoin has been in a bearish downtrend for quite some time. Looking at the chart, I want to show you some bullish signs that are starting to appear Bitcoin might head upwards again. 1. MACD is about to cross signal line. 2. RSI is showing bullish divergence. 3. ADX is about to cross lower band. 4. Bitcoin is at a major support line. (bottom blue line on chart) Swing traders can expect Bitcoin to reach first target of 44k zone. There is a possibility of us hitting second target near 52k zone but economy is very bad so be cautious on second target.
Long
by Trebor_Namor
2
Will BNB manage to reverse the trend?Hello everyone, let's take a look at the BNB to USDT chart on the 1D interval as you can see the price moves in the local uptrend channel marked by the blue lines. Let's start with the designation of the support line and as you can see the first support which has already rebounded once is $ 380, if the support breaks down, the next one is $ 359. Now let's move from the resistance line as you can see the first resistance is $ 400, if you can break it the next resistance will be $ 411 and $ 420 plus $ 430. Looking at the CHOP indicator, we can see that in the 1D interval some energy has been used, but we still have a little more for the next move. Despite a slight upward rebound, the MACD indicator shows that we are still in a downward trend.
by cryptodailyuk
IOTA- another bear flag or reversal?!Hello everyone As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the market.A red bar with a big body might be the indication of a bear market continuation. We have a resistance level of 0.625$ and the support level of 0.58$.If our support level fails,our next support level is 0.5$. I believe it's most likely to have a bear flag pattern here as yesterday for the pole.But we aware ,with a red market like this anything is possible.
by HubAlgo
BTC records further declinesHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support that the price is currently based on is $ 38,133, if the support breaks down, the next is $ 36,917 and $ 35,340 and $ 33,268. Now let's move from the resistance line, as you can see, the first resistance is $ 41,152, if you can break it, the next resistance will be $ 43,179 and $ 44,891 plus $ 46,558. Looking at the CHOP indicator, we can see that in the 4-hour interval some energy was used for the downward move, but there is still a lot of energy that can be used in the near future, please be careful.
by cryptodailyuk
2
ALPINE-Less sell pressure & higher lowsHello everyone On Alpine daily chart ,we don't have much of perspective or structure,but we have a well preserved daily trend line, so if we consider the last 4 bars on daily chart a last bear flag (see in 4 hours), and that combined withe the higher lows that we see in daily,from here of in the next 2 candle we may see reversal happening. For now,it's better to be traded in lower time frames. our support levels are a trend line & price level of 5.25$, possible resistance level 6.2$
by HubAlgo
Supply-Demond zone on live Bitcoin chartI mark supply and demand areas based on pivot points and the last candlestick before the main movements Reason for marking supply and demand area: 1-There is Range inside these candles, after which the market has decided to move 2-And another reason to mark these candles is that banks and major market players in that area have orders. Reason for marking liquidity line: Steps below the swing Market needs to change trends to liquidity
by danial_ahmadi
3
BNB- possible double bottom setupHello everyone After a red bar with a long shadow on weekly on BNBUSDT, now we have started the new week with another red one.On daily chart, we can see a long shadow that touched the weekly trend line and came back, which is a good thing and with the today's candle we can expect a double bottom, which can turn into a High 2 on a trading range and a good buy setup. On the daily chart we also have the 400$ resistance which is more likely to break again tomorrow and 390$ support level and the weekly trend line. I would wait for the next day's candle with a bull body to make sure of a reversal or bull trend or at least a weak bull channel. P.S. : This is not a financial advice.
by HubAlgo
VLXUSDT is testing the historical support! Ready for the bounce?the price is testing historical support on 0.19$ as you can see on the upper chart, where the previous bullish impulse started. On the 4h timeframe, the price is creating a descending channel How to approach? The price needs to hold the support and have a new breakout from the descending channel and static resistance and retest it as new support. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
VLong
by InkyGrip
10
XMRUSDT is testing the resistance The price is in the accumulation phase below the daily and weekly resistance on 226$ As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance. on the 4h timeframe, the price is creating a channel between the 209 and 226$ How to approach? The price needs to have a CLEAR breakout from the weekly resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
XLong
by InkyGrip
8
DOT possible breakout?Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones are $ 17.06 and $ 16.24. Now let's move from the resistance line as the first resistance is $ 19.35, if you can break it the next resistance will be $ 20.77 and $ 21.94 plus $ 23.09. Looking at the CHOP indicator, we can see that in the 1-day range we are starting to gain more and more energy, and the MACD indicator shows that an uptrend has started.
by cryptodailyuk
Tk - Principle of PolarityNYSE:TK Please correct me if I am wrong. I am just a beginner What I see: - 8-4-22 We broke out of a symmetrical triangle. - The breakout occurred on above average volume. - The breakout was followed by a small rally, up to the high of 19-1-22, TK then pulled back to a former resistance level near the breakout point, hopefully this former level will become support. Today (21-4-22) and the following days will tell us if the Principle of Polarity is valid on this chart. What are your expectations for Teekay Corporation? This is no financial advice.
NYSE:TKLong
by StijndeVries
Bitcoin - Key levelsAs stated on a previous Idea, BTC/ USDT is trading on a Modified Schiff Pitchfork since 2020. BTC/ USDT is currently trading inside an ascending channel (White). The Upper Channel Line is the multi month trendline (Bold Yellow) that we broke in January. If we reclaim the 0.236 Fibo and the level 1.5 (Purple Trend) of the Modified Schiff Pitchfork as support, we could expect a move to the upside, the first stop would be the 0.382 Fibo and we should be very cautious around this level, a huge Overlap is waiting us as resistance, combined with the 200 SMA Daily and the multi month trendline / Upper Channel Line. If BTC can't reclaim the 0.236 Fibo and the level 1.5 (Purple Trend) of the Modified Schiff Pitchfork, we could expect a rejection to the lower level of the Modified Schiff Pitchfork (Pink Trend and Red Trend)
by MyCryptoSuccubus
1
Can GOLD break and reach 2050$ again??Hi everyone After the accumulation that we had for almost a month on XAUUSD, We can finally see the price breaking through 1965$ resistance level. Now we have a support level of 1910$ beneath and a resistance zone on 2050$ above. Considering the possibility of staying in this channel and not having another correction in price( I believe after 5 bullish candles in Daily we can see correction), we may see the price touches the 1965$ level and start reaching 2050$ which can also be a strong resistance level.
OANDA:XAUUSDLong
by HubAlgo