Get started

Uptrendchannel

HOT Fibonacci ChannelHOT seems to be rising inside of this Fib-channel. It has been consolidating for the past few days in between 0.786 and 1 channel. RSI seems to be on the low side. I expect further consolidation in the previously mentioned channel between 0.786 and 1. If we manage to stay above the 0.786 line I expect a steady climb with a big chance of further breakthroughs on the upside. Getting back into the 1 to 1.618 channel seems very possible in the short term, given the current influx of money into Crypto, especially in 'low-priced' coins and tokens. Thank you for taking the time to read my idea. Feel free to comment and share your opinion. If you think I'm wrong, be sure to tell me why. This would create a great learning opportunity. Best of regards, Arne. This is not financial advice, please do your own research. Knowledge is your greatest asset.
Long
by ArneVda
2
SANDUSD TO THE MOON🚀🚀🚀 -TARGET $0.9 & $1As seen, the chart is in an uptrend with 4 credible support areas where price touch the lower trendline (indicated with the green arrow). Also, we have the supply zone breakout and retest which indicates a buy opportunity. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
Week 14: ZSK2021 Uptrend Channel before it dropsSorry for the late post .. let's get to it. Based on the price movement last week, here is what I saw: (1) Strong bullish movement driven by the news, but it still did not break the previous High. (2) The Seller is pressing the price down from the top (Thursday, 01 April 2021), it shows that $14.44 is holding it's level. (3) As indicated last week, my support level is now at $14.10 From here, I am expecting some consolidation in the form of uptrend channel until the price is making a Lower High; then it is time for us to Short the market. This week my Pending Order: Sell Limit at $14.35 Stop Loss at $14.51 Take Profit at $13.90 Risk Reward Ratio: 2.66R Let me know if you have other opinions, we can discuss it in the comment sections.
CBOT:ZSK2021
by machintose
3
BTC Looking Very Bullish 1. We’re in an upwards Chanel overall as you can see. 2. We broke 2 similar resistance levels, bounced back at support for one of them. 3. Bull flags have a high probability win rate. 4. If you study BTC bull runs it’s obvious that the bull run isn’t over. 5. Inflation hasn’t even taken into effect yet! A reason why bitcoin is running up if because it’s a hedge against inflation. Do not get tricked by the media to sell your bitcoin, newsletters have fear headlines to get you to click for their ad revenue, or for bitcoin short sellers to make short term trades. Big corporations and institutions who have smart financial teams are still in so do not panic.
BITSTAMP:BTCUSDLong
by ramiwallaia
1
BTC - H4 - CLOUDS SUPPORT HOLD !H4 : Both 38.2 % Fibonacci retracement @ 54614 and clouds support zone rejected, so far, several breakout attempts ! Nevertheless, the last H4 candle triggered a long black candle (bearish engulfing pattern !) with a closing level at the top of the clouds support area. Therefore, I would strongly suggest to continue to watch carefully at the actual ongoing uptrend channel formation, which is still alive and last but not least at the clouds support zone which both should be seen as very important indicators for further development. Indeed, firstly a failure to stay and hold inside of the uptrend channel would be the first signal of a short term trend reversal and secondly a breakout of the clouds would confirm this trend reversal, in opening the door for the psychological 50'000 support level which is also, by the way, the 61.8 % Fibonacci retracement (50187) of the 43021-61781 last rally. On the upside, watch Mid Bollinger Band as the leading indicator and in order to neutralise this ongoing bearish pressure (which is still, for the time being, in this uptrend channel), we clearly need to see an upside breakout of this level, currently @ 57407.
BITSTAMP:BTCUSD
by Ironman8848
BTC - H4 - WATCH MID BOLLINGER BAND AS THE LEADING INDICATOR !H4 : Mid Bollinger Band continue to perform very well as the leading indicator and worked once again perfectly well in rejecting a downside breakout attempt seen on the last H4 candle. As long as we stay and hold on H4 closing basis above MBB it is OK; however, a failure to do it would open a new trading range with its next support around the 58000 area (Kinjun-Sen or Base Line @ 58025 and also the middle level of the ongoing uptrend channel. 61.8 % Fib ret @ 57597 For scenarios, pls see my previous D1 analysis
BITSTAMP:BTCUSD
by Ironman8848
BTC - H1 - CLOUDS WORKED PERFECTLY WELL FROM 50000...H1 : Once again, clouds worked perfectly well in rejecting several successives downside breakout attempts. Interesting to note that the last rejection seen has not been triggered by the clouds support but by Kijun-Sen (base line) and also by the middle line of the short term uptrend channel. Watch now Tenkan-Sen (60457) and Mid Bollinger Band (60868) as very short term resistances indicators levels as a failure to recover above those levels would put the focus on the bottom of the uptrend channel around 58000 which also coincides with the H1 clouds support area, which is as you can see on the chart not very thick for the time being, meaning very fragile !
BITSTAMP:BTCUSD
by Ironman8848
Price rising and continuing its upward macro trend at LINKUSDT Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price forming rising tops/bottoms ~upward trend~ and has been respecting this channel. So far there has been no disagreement with the MACD, if any, even better to confirm this bullish leg. Exponential Moving Averages taking parallel spacing and that of 34 periods guiding the price. Target prices suggested in the graph. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Long
by luizhcruz
2