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Resistance_level

Possible move for DENT. Dent has been showing strength lately Possible move for DENT. Dent has been showing strength lately from previous accumulation with a successful break-out which priced all the way to 0.008949 on the 15th Aug 2021 which created a RESISTANCE AREA, and a sell of the retest the price at 0.004744. The price level 0.004744 hold strong making price bounce off the support with a retest back to the previous RESISTANCE(R), a Clear break-out is needed at the (R) towards 0.009426 and a possible retest back to the (R) turn SUPPORT then a successful continuation break-out of 0.009426 will give us a target at 0.012914. Alternative Scenario is if price rejects (R) with a successful Bearish Engulfing in couple of days from today, we are likely to see a sell off to (S) or HALF WAY CLOSE TO (S) before an actual move will be determined. (R2) will be determined once we see a successful reach to (R1)
Long
by MII1502
$CRO looking good, but facing major resistance at $0.25.NOT FINANCIAL ADVICE As expected, a large amount of $CRO were unstaked (from Q4 2020 and Q1 2021 adopters) and sold during Q3 2021 especially, suppressing price action. However as we enter Q4 2021, we can see a positive trend developing. Increasing buyers and decreasing sellers. Assuming that adopters from Q2 2021 have yet to unstake from their 6 month bonding (Q1 2022 onwards only) and a low number of signups occurred during the bearish Q3 2021, then $CRO looks primed for discovering new ATHs again. However a major level of resistance needs to be cleared first: $0.25. It's possible that some unstaked $CRO are waiting to be sold at this level, so I would expect a technical reversal as slight selling pressure will be faced. We can expect at least a reversal down towards $0.185 to $0.216 (likelier) if this rejection comes to fruition. However, should price break out of this resistance, then safe to say, the Bulls are back in control -- but until we get confirmation, anything is possible. Until then, happy trading~
by googooboyy
Goldview levels & Targetsprice sitting between 1806 and 1787. These levels have been drawn using EMA5 gold turn angles. We are then looking for the EMA5 line to break this level with a 1h CANDLE body close after. This confirmation gives us a target to the next EMA5 gold turn level. We can break down the range using these levels and the EMA5 to confirm which level to target and out of range areas for stops. How someone money manages these levels is critical to the idea and this is something we will share over time.
OANDA:XAUUSD
by Goldviewfx
1
GBPCHF Good Sell opportunity!Hey Guys, Based on the chart, there is a good sell opportunity on GBPCHF. But let check the chart and see what is happening right now: ----------------------------------------------------------------------------- 1. False Breakout happened on a uptrend channel -- Based on the candlesticks ( Bearish ) 2. Price is in a downtrend ( Bearish ) 3. Price reached a resistance area and rejected strongly ( Bearish ) 4. Hidden divergence on RSI(14) ( Bearish ) 5. Price reached to 0.5 Fibonacci ( Bearish ) 6. Small uptrend channel not broken yet! ( Bullish ) --------------------------------------------------------------------------- So Based on the top scenarios, I have bearish bias about the next movements of price which can also have a good risk reward raio. But considering risk management rules in a necessity and have not be ignored. But let's see what do you think about GBPCHF on H1 timeframe. Are you bullish or bearish? - Please write your ideas on the comments. Any idea is valuable for us! Thanks for being and supporting us. Good Luck!
Short
by Brian_Philips