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Resistance_level

EURUSD Strong Resistance zones are ahead once again After previous successful long that we had, now price is hitting our resistance zones and targets on the previous chart : so we are looking for opening some short positions in best place available now : The first resistance zone that is strong once too is now 0.5% and 0.61% of the Fibonacci and the second one is the daily local resistance zone that both marked on the chart with orange zones. Targets and supports ahead : A. 1.1820 B. 1.1780 DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
11
FAST trying to make new all-time-highsFAST is trying to break through and close above its recent all-time-high of $54.31. Good news is that it's holding its previous all-time-high of $51.89 as support. With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31 Final thoughts * Strong up trending stock * Expected to have earnings-per-share growth over the coming year * Great long term hold as it pays dividends Trade Idea * Look for buying opportunities around the $52.50 to $53.10 area OR * Wait for a confirm break and close above $54.30
NASDAQ:FASTLong
by HaseebKhan_90
5
XMRUSDT Might Be at the beginning of an Uptrend @monero Welcome back Traders, Investors, and Community! Hi Traders, XMRUSDT has broken above the major Resistance, however the market is ranging now and I guess we would have a retracement at around 199.27 before we start a new uptrend. The price also may go back all the way down to retest the Resistance before it goes up. ⬆️Buy now or Buy at 199.27 ⭕️SL @ 182.99 ✅TP1 @ 222.66 ✅TP2 @ 244.05 ✅TP3 @ 274.92 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
XLong
by Fibonacci-Signals
2
BTCUSD, double ema on volume. Bullish rally started at the price of 33220, heavy volume came at that point, and it could be strong support, now price is near Resistance 34830, which served as a strong resistance historically, so sort setup could possibility at this point. Here using double EMA indicator on volume, could provide indication to end of trend,where 14 period EMA on 5 min time frame chart crossed 200 EMA same period. Sort setup possible at Resistance level. !Strong close above 34830 should be bullish move. Technical- Based on Support/Resistance: - Strong Suport: 33220 - Strong Resistance: 34830 ! Here I'm trying to understand double EMA indicator on volume chart, looking for more content. Image-
COINBASE:BTCUSDShort
by abhish_analysis
EURJPY - Structure Trade(20Jun2021)Do you remember that last week I've mentioned in my previous post titled, "EURJPY - Trendline" that the Bearish Shark won't form up and you can look for a shorting opportunity on the Trendline for a shorting opportunity, that opportunity alone brings you a 285pips(more than 2,850USD/lot) of net profit, and this is a spin-out trading idea from the Weekly Chart's Bearish Shark Pattern. Imagine how much you would earn if you have engaged in the trade base on the Weekly Chart? I'm not all keen on a counter-trend trade on this trading setup but if you must, a break and close above the trendline is needed before considering a buying opportunity. I will wait to short this trade at 132.67-132.88(red box) for a trend trading opportunity.
Short
by RaynLim
1
ETHUSD: Short setup under bearish trendETHUSD: ETHUSD is following minor bearish trend line (be with trend), and 2550 works as resistance level, where fresh bear rally started, third higher low after respecting trend line. so i would wait for another touch at resistance or trend line. Looking for short setup at 2550 at new resistance. ! Strong close above that could be bullish move. *trade channel based on hourly chart. Technical- Based on S/R and trend channel : - Minor resistance: 2550, look for short setup. - Minor support: 2410, (short target) - Strong support: 2321 ! leave feedback please. Image-
COINBASE:ETHUSDShort
by abhish_analysis
2
Anticipated Break-Out and Retest Continuation Triple BottomAfter a temporary consolidation at support turned resistance zone, we saw a strong momentum to the downside creating a LOW on the 13th May, 2021. Then a correction 61%+ which created triple top pattern with a sell off creating a confirmed (SUPPORT) TREND-LINE on the 23rd May, 2021. With this confirmed trendline in view, we also confirmed a double bottom which later went BULLISH, fast forward to the last bottom which nearly hit the trendline ( But didnt touch), a BULLISH move occurred with the RESISTANCE ZONE been tested and a retest which has lasted for about 4-5 days, seeing this creating a channel up, I am anticipating a break above the and a retest back to the channel creating a support and then a BULLISH MOMENTUM to take a BUY ENTRY. Our target would be the resistance level.
Long
by MII1502
DENT/USDT Recovery in sight. ATH is >4x away.DENT did find support near the old resistance line around 0.0025. Back in march when this was broken the true bullrun for DENT did start. Now it looks like we can recover from here and before we think about new ATH we have several new resistance lines to clear. It looks like a good entry point. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
1
Will Silver Continue to Shine?The silver market received a blow yesterday but has since recovered. Yesterday was also a volatile session for gold as well, after the false breakthrough over the $1,875 resistance line that was quickly reversed, and the gold closed with dojis. Silver jumped to its highest level since Tuesday, February 2, before turning from $ 28.73. The bearish silver pin bar from Tuesday was confirmed with a sale yesterday at 27.36. Still, silver remains in the range of the bullish channel, but it remains to be seen how its volatility may factor new long positions. Experts believe that this subsequent reversal will be a short-lived phenomenon, and overall the trend is likely to continue.
OANDA:XAGUSDLong
by legacyFXofficial
Requested: Update on WINUSDT (yet another scalp, maybe)After my last idea on WIN, which played wonderfully as expected (.012 to .0.15, see previous idea), this altcoin did get into a descending channel, bringing the price all the way down to .0009 Right now everything looks bearish, there’s no volume (barring the exact candle that got the coin out of the downtrend, most probably a whale/insider bought to save it). However, we can wait and see a break out of the green triangle. If this does happen with a strong volume candle, we can expect some kind of parabolic move to at least the first resistance, which is at 0.012. Pay attention to the 4hrs candle the most, don’t be fooled by some fake breakouts in the 15m/1hr. Good luck, and stay safe! Not financial advice.
by Verve97
Mutliple entry reasons on GBPAUDHere we have an advanced BAT pattern on the 1hr chart of GBPAUD, which nearly hit completion of friday evening. I don't trade solely off advanced patterns - i like to look for other entry reason and build up a score. So in addition, we are at a level of higher time frame previous resistance, have an equal measured move, a 1.618 fib extension, rsi over sold and we're at the psychological number of 1.8100 - giving a nice area of interest. The move from this area may of already begun, so I will be waiting for a double bottom or a Higher High Higher Close candle in this area. If the trade gets activated i'll be looking to take targets below previous structure and stops an atr below the low. OANDA:GBPAUD
Long
by birchy1981
Seeking the $ 22! But there's one problem...PLTR hit the 50% fibo retracement today, at 18.66, and if it breaks the 20.30 we'll have a bullish confirmation that could take the stock to our target. The area between the 18.81 and the 20.30 is a solid resistance, but if PLTR breaks it, the 22 area is the next stop. We have no other major divergence on RSI or OBV, so, our analysis will be naked today, we'll only use only with Fibo. But PLTR must break the 20.30 as soon as possible, or it'll just keep dropping. If it loses the 50% retracement, we'll see it at the 17 again. Let's keep our eyes open here! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
2
Is the US Dollar About to enter Seasonal Rise?Hey Traders so last post I mentioned that dollar was selling off fast but was not sure why if it was profit taking. But today I had forgot that Seasonals somtimes play a role in this market. Check out this months seasonal pattern and let me know what you think of this months US Dollar forecast. I think we are going to some bullish momentum soon! But of course my compass could be off so always use risk management! Enjoy! Trade Well, Clifford All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
TVC:DXYLong
by TradeTheIndex