Retest
Reversed, Time to BuyChart 4H TF
After bounced back from the support, Render Token BINANCE:RNDRUSDT is trading at 1.735 now and moving up to the resistance
Right now, RNDR is in the ascending channel acts support
Can trade on lower timeframes
Wait and see next move
CADJPY - Resistance Becomes Support Hi Traders!
On The Daily Time Frame The CADJPY Reached a Strong Support Level!
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken🔥
So, I Expect a Bullish Move📈
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TARGET: 108.580🎯
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EURNZD - NEW BREAKOUT 🔥Hello Traders!
On The Daily Time Frame The EURNZD Price Reached a Strong Resistance Level (1.82246 - 1.80366).
Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥
So, I Expect a Bullish Move📈
i'm waiting for a retest...
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TARGET: 1.87100🎯
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Falling Wedge | Reversal soonWeekly Chart
BINANCE:RUNEUSDT has downed over 96% from ATH and RUNE's in the Falling Wedge. That means it can be reversed soon
Daily Chart
BINANCE:RUNEUSDT is trading at 0.92x and going down to the support (Fair Value Gap) around 0.87
We can BUY if RUNE reject that level
Wait for next move
RIC Trend ASXApproaching trendline (orange) while just sitting above the 200ema with a bit of resistance around that area.
Last couple candles closed above all emas with wicks touching the down trendline. Price reaching an area of confluence with the trendlines and ema's interacting with that S/R line @1.970
USD/CADcame here after 2 long weeks.
I usually don't trade when I'm busy or some big stuff happening in my life .. so here we are again.
for a start, we have a medium-risk position..I'm going long on a pullback. I think price has to touch the top resistance in weekly time frames so I'm looking for long positions on daily or 4h time frames.
XAUUSD - Waiting for a Breakout 📈📉Hello Traders!
On The Daily Time Frame, The EURUSD Reached a Srong Support Level and formed a Falling wedge Pattern!
so, we have 2 scenarios!
Scenario 1
if the Resistance Line will broke, i will buy in retest 📈
TARGET: 1972.000🎯
Scenario 2
the support level will be broken .
then, we will see a huge bearish move📉
TARGET: 1911.200🎯
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Breakdown the support | Short BiasDaily Chart
BINANCE:RNDRUSDT has broken down the support and now it's retesting to drop again.
Render Token has the support at lower line of ascending channel.
So wait for rejecting and short
EURUSD - Waiting for a Breakout... Hello Traders!
On The Daily Time Frame, The EURUSD Reached a Srong Support Line!
so, we have 2 scenarios!
Scenario 1
if the resistance line will broken, i will buy in retest 📈
TARGET: 1.12350🎯
Scenario 2
the support line will broke and we will see a huge bearish move📉
TARGET: 1.08670🎯
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BTC price possibilities to halving.BTC price targets and trends until halving.
1 of 3 ways with a max top indicated by the light blue.
Low - 17000 to 19800
Mid - hovering 29000 to 32000
High - 38000 to 42000
Possible top - 62000 +/- 5000
Could possibly get stuck in the 51000 to 60000 range as well.
Very possible to see a retest of this breakout to the 25000 zones.
Key supports if things turn down are - 29000 to 26000 / 25000 to 22000 /19000 to 17000
THETA Volume price retest !!!The price is still in the global buy zone 0.852-0.346
Buy level was 0.583
Local buy zone left 0.747-0.423
the buying level was 0.588
The zone of chic purchases 0.696-0.521, unfortunately or fortunately, was also safely left!
Volume price is 0.728
This level is currently being retested!
This is a weekly entry point if taken by the books!!!
Bitcoin with a Breakout/ReTest Remains BullishTraders,
Two posts ago, I showed this bullish triangle. I expected one more drop down inside the triangle and I stated the price support would range between 28,300 and 28,800. We got our drop and we got our support. I remained bullish.
One post ago, I anticipated a breakout to the upside due to patterns remaining bullish. We got our breakout to the upside.
But now where are we at? Well, IMO and according to the charts, we are still positioned biased to the upside. Due to the credit rating downgrade in the U.S., markets are pulling back. Our only question is whether they will now turn bearish? Or, will they remain irrational and bullish. My bet is on the latter but we shall soon find out.
Bitcoin is pulling back with the markets to test the topside of previous resistance as support. If it holds, we'll continue up. If support fails and we drop below 28,500 ish, I will have to reassess the chart.
For now, this classic retest remains yet another bullish signal.
Best,
Stew
SPY with a Classic RestestTraders,
In my last post I alluded to SPY. I stated that it remained in breakout territory which is still true today. I stated that as long as we remain above 450, I remain bullish. Still true. In fact, all that has happened here is that we have a classic retest of previous resistance taking place currently. If we break below, another story may unfold and I will have to re-assess. But as of this post, 450 is holding strong and the retest (if it holds) is yet another rather bullish signal.
Stay tuned,
Stew