Horizontal Support Resistance Levels in a Trend
Hello guys, We are seeing a slight reversal in the BTCUSD trend since we touched $28,800 during the Asian session. All eyes on the $32,000 horizontal level - previous support on the daily timeframe, now could be te turned into resistance in combination with the 4-hour chart 200-day EMA. If surpassed, then this will open the door for recovering to the $34,800...
1 - MACD Trend-line Breakout after Crossover. 2 - Buy 1H Candle Close above Trend-line. 3 - Resistance TP @ 127.00
As i said earlier, the price broke the resistance zone with strength and the market is going higher with an important volume.
TRXUSDT bounced on a daily trendline after a nice bull run. IF the price will break a monthly resistance we can see another bull impulse According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
After price made a break higher and through the multi-year resistance level price action on the daily chart of Gold has stalled. Price has formed multiple inside bars and has not been able to break the high of the daily candle from 8 sessions ago. This market looks bullish whilst the support continues to hold, but the near term support does look important. If...
Bitcoin has performed exceptionally well so far this year (and will continue to do so in the long run). You can see Bitcoin is up almost 40.5% for the year. From here we have two more key levels to break before we test the S2F model's price prediction. (Stock to flow) Paul Tudor Jones announced he was bullish on Bitcoin. The halving date is May 12, 2020. I...
IBM blasted through previous resistance levels after its earnings report, then broke out to a new yearly level. Despite heavy profit taking by Professional Traders, the stock price held above that resistance level.
CTXS has risen with momentum to challenge its previous all time high resistance level. It is currently in a retracement that has been triggered by High Frequency Trader selling. Support is weaker at this price level.
it's been so much since we are waiting BTC to explode like a rocket to the moon and beyond, but in the end the chart is the only one with the final word. Now the price is in a critical support level with has been held as support and resistance in the past. I don't have a bias right now, so let's wait for the next move. In regular forex pairs I trade intraday and...
KR is working on completing a long-term bottom formation. The recent compression of price may result in a breakout with momentum.
Chart is channeling, volume is not strong enough to bring TNDM out of this channel in my opinion. Watch for weakness in this area. PT ~64
KLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
DLTR was unable to break out above a high resistance level. The stock bounced at a short-term topping completion support level.