The price seems to resume to normalcy after the post news profit booking rally on Friday, Price has broken it bullish trendline in the 1 hr chart, indicating a bearish movement
We can notice that a breakout of the trendline is coming and the same thing for the rsi and stochastic !
BTCUSD is going UPward after the breakout or tell it hit some resistance line?
A break would signal longs upon a retest. Respecting would signal shorts.
We've got a trendline that has contained upward movements converging with a lower trendline that has stopped downward moves. One or both of these trendlines will break, should give us more idea of price direction.
Good entry for QSP, need volume to breakout. Close to the trendline.
GBP/USD just broke a very key trendline. Closing below it on the Daily Timeframe is a good indication that more downside can be expected. I would like to see a retest of the Trendline before I enter a sell trade, just so I have confirmation.
Good to see on the 1 day chart that we have closed a second 1 day candle above the wedge giving us final confirmation of the breakout. What we are looking at here though is the 4 hour chart not the one day. That confirmation on the one day just solidifies that breakout and greatly increases our probability of hitting the $10335 price target. As of now, at the same...
BTCUSD Is this the beakout that we are waiting for?
This is my first video upload, so apologies for any quality issues. I've just come across this CTR/BTC trend/recreation that is quite interesting, and I thought I'd share it all with you. The video should explain everything, and I'll provide updates as things progress. Note: I'm definitely NOT suggesting another 800% price rise. Anyone who does that should be...
Strong bullish activity continues for this low market-cap coin. A break from the upward trend has occurred with daily candle closing above the resistance. I can see this coin reaching 10.5k sats easily and possibly beyond. I've been watching LINK since October & it has been relatively quiet however it has been performing extremely well, following trend with low...
Previous Trendlines have been broken and now provide extra support for a floor. I believe the new breaks combined with the previous resistance levels will be the support for the bounce. There is a 50-80 pip short that should be happening before we upside more. If the bulls are really in charge we wont even have the downside retrace and we'll go straight up, but...
MGR.ASX Share prices could be heading up to test 2.35 the last high after breaking out from 2.14 resistance price point in yesterdays trading session. My estimate price target is 2.35
UsdCad's weekly chart shows a breakout. The price is currently near a resistance level which can fuel the price to drop on the outer resistance trendline (Refer to AstroFx book). If the price drops below the resistance zone a short trade can be traded. The stop loss would be placed above the resistance zone. UsdCad's 4H chart shows a third touch in the...