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TRENDLINERETEST

POSSIBLE SELLHello, on this pair Analyzing from daily time frame down to 1 hour timeframe(Topdown Analysis), price as tested the upper Trend on the DTF and got rejected moving down to the lower time same setup applies(on 4HTF spootted a double bottom with is also an addition to our factor of confluence). Looking forward to short the pair. My Target is to support 0.7183. Please kindly support this idea by giving it a thumbs up👍 And if you have any idea let me.know.in the comments section. NOTES : It just an idea trade with you Risk management Plan.
Short
by Yemi_Fx1
AGIX Demand Zone, Falling Wedge ReversalAGIX was traded in a falling wedge since September 2021. On 21st January price breakdown the lower trendline and find strong resistance between $0.13 and $0.11 – a high demand zone. Panic selling caused by market uncertainty, Russia – Ukraine conflict, etc. is over and whole crypto market is seeming ‘pretty healthy’. These in conjunction with the relatively low selling volume and the long shadow candlesticks give a higher probability for a bullish reversal than a bearish continuation. The begging of the uptrend will be signaled with the breakout of the lower trendline; however, the confirmation will come with the price breaks the upper line and holds above the $0.175 resistance zone. If you’re a conservative trader wait for the price to breaks the resistance at $0.175 and place your stops just below the upper trend line. If you’re a more aggressive trader, now is the time to go long or wait the price to return in the demand zone. I’ll keep my analysis updated to any significant changes.
ALong
by Rhaonnor
XNGUSD Technical analysis 4/12/2021This video consist the technical analysis of XNGUSD for the upoming week ( 6-10 December 2021) based on the price action. The market is now in down trend because it has broken and closed below both the neckline of head &shoulder pattern and the deep pullback support of the up trend. The price is now at the broken resistance which could turn into support. Bias If the price consolidate at this area, it will be an indication that there sellers willing to continue pushing the price down or that there are no buyers to push the price up. In either case, we will trade breakout. If the price forms a false breakout by forming a bullish candle which closes above the support, this will indicate the buyer's interest to push the market up. we will look for buying opportunities until we get a signal that the pullback is over and then we'll look for selling opportunities. I hope you enjoyed this technical analysis and if you have a market which you want us to analyze with, just write it in the comment section or email us at info@ultimatetraders.rw. May the market be with you! Ciao.
X
by Ultimatetraderspro
RVN > Trendline Support > One Drop and Up!Hello Friends, Hope you all are having a thrill in your trading journey. I am presenting you my analysis of RVN. According to my technical analysis, RavenCoin is following a strict trendline. So, I am long on it. "My analysis is valid until We don't see a breakout from trendline" I hope my analysis is pretty clear to you guys. Kindly do your own research and follow proper risk management. Feel free to share your views in the comment section. Like and Follow! Best Regards, Shaswat Naman TradeThrill, India🇮🇳 Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by tradethrill