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Trendchannels

XAGUSD / GENERALLY PRICES UNDER BULLISH PRESSURE - 4HXAGUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 28.58 . Turning Level: The price is currently trading above this level around 28.58 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 27.80 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 28.58 . If the price reaches 27.80 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 27.08 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 26.44 . Resistance Level (1): As long as the price remains above the turning level of 28.58 , it suggests a rising towards 29.56 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 30.75 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 31.64 . Channel Trend: the prices trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 29.56 , 30.75 , 31.64 . SUPPORT LEVEL : 27.80 , 27.08 , 26.44 .
OANDA:XAGUSDLong
by ArinaKarayi
BITCOIN / UNDER BULLISH PRESURE - 4HBITCOIN HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 55,101 . Turning Level: The price is currently trading above this level around 55,101 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 51,322 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 55,101 . If the price reaches 51,322 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 47,703 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 44,845 . Resistance Level (1): As long as the price remains above the turning level of 55,101 , it suggests a rising towards 61,267 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 65,742 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 69,670 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 61,267 , 65,742 , 69,670 . SUPPORT LEVEL : 51,322 , 47,703, 44,845 .
Long
by ArinaKarayi
2
USDJPY ( UNDER UPWARD PRESSURE ) ( 4H )USDJPY HELLO TRADERS in the last week the price of OANDA:USDJPY starting to rising , currently the price it will be trying to breakout a channel , in the event of this occurrence , price starts to up trading . Tendency , the price is under bullish pressure , until trading above turning level . Downward Zone : for a downward movement to occur , the price needs to break through the turning level at 145.994 , leading to decline that could reach the support level (1) 144.322 , if the price breaks and stabilizing below this level it may attempt to reach support zone between 142.223 and 139.804 . Upward Zone: as long as the price remain above the turning level at 145.994 , it may rising towards the resistance level (1) at 150.900 , if the price breaks this level with a 4h candle closing above it , it suggest further upward towards the resistance zone between 154.969 and 158.169 . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 145.994 before rising . TARGET LEVEL : RESISTANCE LEVEL : 150.900 ,154.969 , 158.169 . SUPPORT LEVEL : 144.322, 142.223 , 139.804 .
Long
by ArinaKarayi
4
EURCHF Longer Term Shorts - Massive Consecutive Candle count Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Short
by CromerKing
2
Anticipate Imminent Price Dip in BTC 1n 2024 B4 the real pumpI maintain a bearish outlook on both Bitcoin and altcoins. After returning to the $44k range, it appears poised to decline to the $40k to $38k range. I've been anticipating the end of the bull run for a while now, and my stance remains unchanged. Between now and February to April, a retest of the $35k range seems probable. Depending on selling pressure, the two months preceding and following the halving could lead to a dump, presenting an opportunity to buy at a lower price. If selling volume increases, hitting $38k is likely. We anticipate revisiting the $40k support level, with the potential to dip down to $38k. For those holding short positions, patience is key. Stay vigilant and avoid being lured by rumors about BTC ETF approval; it could be a setup to trap latecomers to the boom.
BINANCE:BTCUSD.PShort
by MachiavelliTrader
7
S&P 500 Index (SPX): Long-term AnalysisThe 'Adaptive Trend Finder (log)' indicator analyzes the entire available history and calculates the strongest trend channel. It is arguably the best tool for instantly visualizing the price level from a technical analysis perspective. On this chart, we have applied the 'Adaptive Trend Finder (log)' indicator twice, using logarithmic scale settings, and we have selected the 'Use Long-Term Channel' option for one of the two indicators (red). We adjusted the table to prevent overlap with the first indicator (blue). What do we observe on the S&P 500 Index? We can see that there are two Ultra Strong trends, one starting in the late 1930s and the other beginning in 2009. The CAGR (Compound Annual Growth Rate) for the channel starting in 1939 is 7.4%, and for the one starting in 2009, it is 10.6% (excluding dividends). Now it's up to you to draw conclusions... Happy trading!
TVC:SPXLong
by Julien_Eche
Why I'm holding onto my bearish outlook, 38k Bitcoin incoming?Even with BTC buyers pushing it to 47k, they seem stuck outside the Bulls' original trend channel from back in December 2023. Numerous attempts to re-enter the channel failed, notably at $45,900 and $47,900, resulting in catastrophic rejections. While some may see this as bullish, it signals strong bearish potential. If the weekly chart doesn't close above $45,900, we might witness sideways movement through January, with a potential unexpected dump by February. Stay cautious, especially as BTC ETF approval could exacerbate the impending dump.
BINANCE:BTCUSD.P
by MachiavelliTrader
XRP/USDT 1D Interval Chart Overview of the XRP pair to USDT chart, on a one-day time frame. First, the yellow line will mark the downward trend from which the price has moved into the sideways trend channel marked with blue lines. Moving forward, we can move on to marking support areas when the price starts to reverse. And here the most important support point is the zone from $0.50 to $0.46, which protects against a larger price drop. Looking the other way, we see that the price has reached an important resistance level at $0.62, which it has no strength to break yet. However, if we manage to break above this resistance, we can move further towards the strong resistance zone from $0.74 to $0.82. As we can see, the place where the red ema cross 10 line crosses the green ema cross 30 line from below confirmed the transition to a local upward trend. Please look at the CHOP index, which indicates that there is still some energy left for movement, on the RSI indicator we are approaching the upper limit, which may limit the room for further growth, the STOCH indicator also exceeds the upper limit, which may also result in a rebound of the current increase.
by cryptodailyuk
1
MicroStrategy is flirting with the support of the channelBitcoin related stocks have been front-running the price compared to BTC. NASDAQ:MSTR was no exception of that. The price created a nice up trend, however, we reached to the support with the recent drop of BTC price. If we don't see a reversal from BTC, NASDAQ:MSTR may visit 275. Having said this, it is at the good levels for a long position with a calculated stop. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NASDAQ:MSTR
by WhaleGambit
Will BTC Continue Catastropic Fall to $12k? Bears Ready for War!Bitcoin Bears are growing in number with each Bull failure to stay above the 30k price range, which they recovered on April 2023 after the November 2022 dump to the 15500 price range. This analysis uses Makaveli Trader's Pandora Box on multiple timeframes. The Daily chart MT www.tradingview.com clearly shows a strong bearish candle breaking and successfully closing below the resistance line which in the past during the bull run acted as a strong support line The Higher Timeframe Box on the Weekly Chart below It is worth noting that the major chart controlling this current bear market is the Monthly chart www.tradingview.com the strong ranges on the Monthly chart will make it difficult for the current breakout above range weekly to be sustainable. The current price range of 26k to 30k I stated here that is worth observing as This range holds a strong busy trading range in the past On the 4-hour chart, there's a short-term mini pull-up expected from 28400 to 28550 support back to the 29600 to 29800 resistance range after the current 29k support breakdown. However, the chances of buyers staying long above 30k are decreasing, and selling pressure is increasing as the market ranges below a strong resistance zone. A catastrophic fall could hit soon. The Daily chart shows a strong bearish candle breaking and closing below the support line. This bearish engulfing candle signals a next possible drop to 23800 down to the 22400 range, depending on the strength of the sellers. The Higher Timeframe Box on the Weekly Chart shows that the market has been on a ranged move since June 2022. For the first time in more than 8 months in March 2023, we see the BTC price rally above the range zone to the price of 30k. However, BTC is still clearly in a downtrend on the weekly chart, with no evidence of a clear trend reversal. The strong ranges on the Monthly chart will make it difficult for the current breakout above range on weekly sustainable for bulls to keep pushing up. The current price range of 26k to 30k is worth observing as this range holds a strong busy trading range in the past as it acted as a strong support while BTC was in a primary bull run and is likely to play a major role in resuming the Primary Bear trend. According to the EPIC Short on the Monthly chart, the bear trend resumes in May June 2023, calling for a leg-down move to HKEX:12800 from this current Bull exhaustion price range. However, there will be mini secondary trends (pull-ups) along the way, which takes us to the Daily Chart My Trade road map: SHORT-TERM LONG SETUPS: 📈 FREE MT TRADE SIGNAL 📈 👉 ASSET: CRYPTOCAP:BTC (BTC/USDT) 👉 ACTION: BUY 👉 1st ENTRY PRICE : $28698 3rd ENTRY PRICE : $28762 👉👉3rd ENTRY :$28850 STOP LOSS: HKEX:28398 👉 1st TP:$29800 UPCOMING EPIC SHORT SIGNAL: 📈FREE MT TRADE SIGNAL 📈 👉 ASSET: CRYPTOCAP:BTC (BTC/USDT) 👉 ACTION: SHORT 👉 1st ENTRY PRICE:  $29900 2nd ENTRY PRICE : $29600 3rd ENTRY PRICE : $29400 👉 STOP LOSS: $30590 👉 1st TAKE PROFIT: HKEX:26600 2nd TAKE PROFIT : $22800 3RD TAKE PROFIT : $19K EPIC TAKE PROFIT : HKEX:12400
Short
by MachiavelliTrader
6
Price Channels — Quick and Easy Guide.Greetings, @TradingView community! When it comes to analyzing market trends, there's a technique that takes trend theory to the next level: price channels. This is @Vestinda, bringing you a helpful article on the topic of the price channels, also known as trend channels, offer an exciting way to identify optimal buying and selling opportunities in the market. Price channels serve as a valuable tool in technical analysis, helping traders determine favorable entry and exit points. By drawing parallel lines that align with the angle of an uptrend or downtrend, we create a channel. The upper trend line acts as resistance, while the lower trend line represents support. These lines highlight potential areas where the market could experience reversals or continue its current trend. Understanding the sentiment of a price channel is crucial. Channels with a positive slope (upward) are considered bullish, indicating an upward trend, while those with a negative slope (downward) are bearish, pointing to a downward trend. Recognizing the slope of a price channel allows traders to gauge the prevailing market conditions and make informed trading decisions. Price channels can be categorized into three main types: Ascending channels Descending channels Horizontal channels Ascending channels display higher highs and higher lows, signaling a bullish sentiment. To create an ascending channel, draw a parallel line touching the most recent peak, aligning it with the angle of the uptrend line. Conversely, descending channels exhibit lower highs and lower lows, suggesting a bearish sentiment. To create a descending channel, draw a parallel line touching the most recent valley, aligning it with the angle of the downtrend line Horizontal channels , also known as ranging channels, indicate a consolidation phase with no clear trend direction. These channels provide insights into potential buying zones when prices hit the lower trend line and selling zones when prices approach the upper trend line. Understanding these channel types empowers traders to adapt their strategies to different market scenarios. Constructing a price channel requires parallelism between the trend lines. The lower trend line is typically considered a "buy zone," while the upper trend line serves as a "sell zone." It's crucial not to force price action into the drawn channels. When the channel boundaries slope at different angles, the pattern is no longer a price channel but a triangle pattern, requiring a distinct analytical approach. Remember that price channels don't have to be flawlessly parallel. In reality, it's rare to find price action that perfectly aligns within two trend lines. As traders, it's important not to solely rely on textbook price patterns but also consider broader market context and other essential cues from price action. Effective price channel analysis involves embracing imperfections and making informed decisions based on the available information. In conclusion, price channels provide traders with a powerful technique to uncover profitable opportunities in the market. By drawing parallel trend lines and identifying support and resistance levels, traders can gain valuable insights into market sentiment and enhance their trading decisions. However, it's essential to remember that perfection isn't the goal. Instead, focus on understanding market dynamics and adapting your strategy accordingly. 💜 So there you have it - a quick and easy guide to understanding price channels in trading! 💜
Editors' picks
INDEX:BTCUSDEducation
by Vestinda
19
ARB Bulls are cooking, Is ARB Ready for $2 move?ARB Trading is currently trading within a rectangle range with a price range of $1.1 up to $1.6 on the chart. This pattern suggests a potential bullish continuation pattern, indicating that the current pause is temporary and an upward movement may be imminent. However, it is important to consider the possibility of a bearish reaction to the top of the box, which may create breakout pressure. Therefore, caution should be exercised as the price approaches this area, and profits should be protected by moving the stop loss up to breakeven or by using a trailing stop loss. If the bulls succeed in breaking out, the upward move will most likely continue. However, it is important to remain open-minded, as anything can happen at any time. 👉 ASSET: ARB(ARB/USDT) 👉 ACTION: BUY 👉 1st ENTRY PRICE: $1.1979 👉 STOP LOSS: $1.09 👉 1st TAKE PROFIT: $1.6 2nd TAKE PROFIT: $2.17 💰 RISK MANAGEMENT: I strongly recommend the use of stop loss, you can use the $1.09 to limit potential losses in case the trade goes against us as ranges are unpredictable. We also suggest taking profits as price approach $1.6 to lock in gains. before hitting TA at HKEX:2 range incase the bears get weak on reaction to the box Support 🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.
Long
by MachiavelliTrader
Nava Imbalance Strategy - BreakoutsPrice Action Trading Strategy. 1. Make Channel & highlight Imbalances (3 Touches for confirmed Trend Channel) ENTRY 1:. Wait for price to pass Imbalance in trend direction. Then Wait for Break/Retest of Trend Channel (showing trend weakness) + Entry Setup (Double Bottom, Head & Shoulders, etc.) Entry Signal- Engulfing Candle, Doji, RSI OB/OS, MacD, etc. ENTRY 2:. Wait for price to break Resistance + Retest (Price passes last imbalance + Entry Signal)
BITGET:XRPUSD.PEducation
by JOKESTV
Stock Indexes At Major SupportsAll major stock indexes including NASDAQ100 S&P500, NASDAQ Composite, and Russel 2000 are at the bottom of their uptrend channels. They could all break down, but it seems very unlikely as all asset managers are significantly bearish going into support. When we finally rally these guys are going to be force buyers the whole way up. Initial jobless claims are trending down since its peak in July. PPI which leads CPI has also dropped significantly the last two months. Asset managers are betting on a recession that isn't coming. The Fed hikes rates into a strong economy. They drop rates in a weak economy. When you see the Fed pause hikes and consider dropping rates, that's when you get scared. All we need now is something positive to happen.
CME_MINI:NQ1!Long
by bwy
2
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving in the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 1,621 T2 = $ 1,665 T3 = $ 1,700 T4 = $ 1735 and T5 = $ 1,786 Now let's move on to the stop loss in case of further market declines: SL1 = $ 1564 SL2 = $ 1,536 SL3 = $ 1508 SL4 = $ 1,467 and SL5 = $ 1,416 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
by cryptodailyuk
ETH rebounds after the last correction!Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving in the uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 1,679 T2 - $ 1,898 and T3 - $ 2,175 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1,478 SL2 - $ 1,366 SL3 - $ 1272 SL4 - $ 1178 and SL5 - $ 1,049 Looking at the CHOP indicator, we can see that in the 4H range, the energy we recovered was used for growth, while the MACD indicator clearly confirmed the change in the local trend.
Short
by cryptodailyuk
3
Will CAKE in pair BTC beat its goals?Hello everyone, let's take a look at the 1D CAKE to BTC chart as you can see the price is moving in the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - 0.0001561 T2 - 0.0001664 T3 - 0.0001768 and T4 - 0.0001915 Now let's move on to the stop loss in case of further market declines: SL1 - 0.0001463 SL2 - 0.0001407 SL3 - 0.0001326 and SL4 - 0.0001225 Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, and in the MACD indicator we see that the blue line is approaching the red cross from below, which would confirm the upward trend.
by cryptodailyuk