Resistance_level
ETHUSDT got a rejection from the Supply zone 🦐ETHUSDT got a rejection from the Supply zone so far. IF the price retest 0.5 Fibonacci level, got liquidity, we can see a nice brekout.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DXY is looking for a direction.As shown in the charts, the price trend records a downward movement, using the entire range of the trend channel, but is unable to break the resistance level at 92.50. Applying the Fibonacci Retracement tool, it seems that the specific resistance level at which the upward trend of the last period was stopped coincides with the critical price level of 61.8FR. This makes it particularly important in determining the course of the DXY. Moreover, there are two more critical resistance levels at 94.60 and 96.00.
The averages as well as the MACD, on the other hand, seem to give a positive outlook on DXY's effort to move upwards. At present, of course, these observations are too early and are not sufficient to definitively substantiate the beginning of an uptrend. Clearly much more momentum is needed from the MACD as well as the averages that record the uptrend to get the right position.
Looking at the data from the Bollinger Bands, it seems that the index reacts more than ever to the upward movement of the DXY, as the outer bands are in a relative deviation. Without this of course creating perfectly for its course because it may have been caused by the movement of prices outside the upper band. Finally, the data analyzed by the Bulls / Bears seem to lead to the accumulation of a dynamic on the part of buyers which is still subdued.
Summarizing all the above, it seems that DXY is trying to find an uptrend which now cannot be confirmed 100%. The criticality of the price level 92.50 is obvious. A possible upward break in this resistance level may lead DXY to what it has been trying lately, a rise in prices. On the other hand, if prices move lower in the coming days, it means that buyers are not yet ready to take the risk and drive the dollar higher.
BTCUSDT is testing the supply zone 🦐After our previous idea with nice gain, the price is testing the supply zone. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NEOUSDT is ready for the monthly breakout 🦐The price had a breakout from a descending channel and now it's ready to have a breakout from Monthly resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ETHUSD My Supports And Resistances Thought that someone will find useful or want to compares his/hers supports and resistances with someone else's.
Also they are pretty accurate you can check them by yourself.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything on the comments :)
USDJPY RESISTANCE LEVEL TO RE HITThe price tried to break through the strong resistance level of 106.11 and hit the resistance zone in the same position. However, immediately after a small false breakout, it touched the resistance line of the ascending channel.
This channel has existed since December 2020. After touching the resistance zone, the price reversed in the fall. Now we see that the price began to work out the correction. However, I expect that the price will first fall to the support line of 104.95 before rallying towards the resistance level. After that, it will push off and grow to the resistance level of 106.00. This is our goal.
#USDJPY
Shall the Bullish February continues for GBPUSD?Hi traders,
Its been very bullish month so far in February , During the last week of this month , this pair may try to reach the zone 1.41 area , but the long term resistance @ 1.408 may sends the price down to 1.39500. this movements could lay the foundation for next month's movement.
Analysis only for education purpose
TWTUSDT is testing the upper trendline 🦐the price tested the upper trendline and got the rejection. If the price will have a breakout upward, and flip the current 4h resistance into support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ENJUSDT Waiting for the breakout 🦐the price tested 0.618 Fibonacci Level, and now the price is testing the 4h resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DASH UPDATE (30M CHART)Dash update has arrived. Like ADA, check the previous DASH analysis if you have not already for context. This is the 30m chart on Dash, showing a beautiful bullish triangle pattern, signaling a breakthrough soon. Stay put for now and get ready for some action.
Do your own DD on this, and do not act before finding a confirmation candle above the yellow box. Good luck!
BCHUSDT (Bitcoincash) To the moon?BCHUSD (Weekly chart) Technical Analysis Update
Resistance breakout in weekly chart.
BCH/USD currently trading at $724
Buy-level: $650 - $725
Resistance level 1 (Target 1) : $1800
Resistance level 2 (Target 2) : $3000
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
DIABTC is ready for the breakout! 🦐The price is testing again the Daily resistance, if the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
IOSTUSDT is testing the previous resistance 🦐After our previous idea, with amazing profit , the price is testing again the 4h resistance. IF the price will have a breakout upward, and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
WTCUSDT is trying to have a breakout 🦐WTCUSDT is trying to have a breakout from daily resistance. IF the price flips the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EOSBTC is ready for breakout 🦐In our previous idea we waited for a short position IF the price should lose the support. The price bounced on it, and now want to have a new breakout. IF the price will have a breakout upward and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BTCUSD approaching resistanceHi everyone, just a quick analysis, at 50250 around there is 1.61 fib level which may work as potential resistance on BTC and we may see a consolidation or pullback.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
ADA/USDT Chart and fundamental AnalysisThis Cardano 4H chart is incredibly bullish.
However, due to the fact that we did not retest previous resistance as new support for quiet a while this could mean the next drop is a really big one.
Cardano is fundamentally very bullish because:
- The Shelley update in middle 2020 started the decentralisation of Cardano with staking opportunity.
- The upcoming Goguen Update in Feb/Mar 2021 adds the ability to build decentralised applications (DApps) on the Cardano blockchain. The first time when Cardano becomes a real plattform.
- Within the next two months Cardano will be fully decentralised as the IOHK foundation does not participate in the rewarding system anymore. So Cardano belongs to the community.
- Potential Coinbase listing.
- There is an All time high at 1.3$ at a time Cardano was basically speculation only. Now it becomes the main competitor to ETH.
Personally looking for 2-10$ within 2021.
Cheers