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Uptrendchannel

MYOR uptrend channel is in critical State?MYOR (Mayora Indah Tbk) one of the best fundamental data in Indonesia consumers goods sector, now is testing its uptrend channel support as well as EMA150 as trendline moving support at price 2500, i think if you consider to invest for long term, this could be an opportunity to BUY, but if you are a trader you should consider more since the volume of the distribution is quite big, and you could buy later at price 2300, if the uptrend channel is break MYOR price would move sideways around 2300 to 2500. *disclaimer on : there are no buy or sell signal in this Idea
IDX:MYOR
by Anomaly7
ANKR - Volume Increase - Massive uptrend Channel - 60%+ Gains!Hello Traders, ANKR is playing within an uptrend channel. Volume increase. RSI/ MFI supporting uptrend. Similar inverse head and shoulders pattern with the uptrend channel, as we saw in the recent months time. Saw a 300%+ increase after breaking the previous channel. Buy/ hold for gains. 60%+ possible. Take profits after reaching recent highs and hold for the next possible target at the 1.618 on the fib. Good Luck!
Long
by MarkStPeter
3
A healthy retrace for ETHUSDT?Hello guys, Just a quick trading idea I came up with today morning on the 4-hour chart. I haven't changed it since I still think it is the most probable scenario for ETH if we consider the bull trend as valid. So, the ETHUSD pair is in an uptrend channel since the beginning of January and it is trading within its boundaries for almost 4 weeks now. The $1,230 horizontal line acts as a solid support resistance and a baseline for the current uptrend movement. Given the fact that the price fluctuations tend to narrow down with each day, I came up with the above-suggested scenario of how the ether will progress towards another visit of the all-time high. Additionally, we are very much close to the RSI oversold area and the Volume Zone Oscillator is at the same level where it was during the last big pullback on January 21. A drop below the lower boundary of the uptrend channel and eventually $1,100 will invalidate this setup. Regards
BITSTAMP:ETHUSDLong
by FutureBlockchain
LINKUSDT - trade the current dipHi guys, The situation for LINK is pretty much the same as the one we just commented on in the ETH idea. An uptrend channel, which in the case of LINK is very close to being broken to the downside. If it doesn't hold up, I will be looking at the zone around $20. I drew two possible scenarios this morning and by the looks of it, we are taking the "longer" one, which involves a deeper pullback. Both the RSI and VZO are now below or at their respective levels from the last two corrections. Regards
Long
by FutureBlockchain
Targets optimistically designed in BTCUSD 4H - I believe!!!Technical analysis regarding the price of BITCOIN in relation of dollar for the next scenarios, based on 4h movement. The price I have been walking effecting its downward corrections. The price found a strong support region at 29K697, touched and is already retracting. Projecting the Chypher correction, we obtain the level of 1,188 that the price made. In such a way, the price is gaining momentum (high) and may increase the most considerable resistance that we have in 41K939 (the price breaking the EMA of 89 periods will make it more feasible for the price to continue to rise. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
BITSTAMP:BTCUSDLong
by luizhcruz
Week 02: ZSH 2021 Uptrend Channel, waiting for a breakApology for the late post. Week 02 for ZSH 2021 is still bullish looking. Yesterday on H1, we can see the price movement candle by candle that there were no sign of weakness. In the last hour of market, it created a strong rejection and buyer jumped in with a significant momentum. Let's see on the overall picture in H4, the movement is still within the Uptrend Channel, we only can short the market when we see a break at $1,370 level. As at I wrote this, from H4 down to M5; there are still no sign of Seller coming to the market. Buyer is still dominating the market, be cautious if you plan to long the market. No trade call for this week. -SatayFX
CBOT:ZSH2021
by machintose
BTCUSD - is $40k our next stop or BTC will make way for alts ?Hello guys, TradingView blocked for some strange reason as I haven't broken any of the rules, so I hope that won't happen again. As my last idea was taken off I will just quickly paste here its second part, where I did a short 4-hour chart time frame analysis. Remember, this screen is from January 5th. BTC is in a pretty easily noticeable uptrend corridor since December 16 on the 4-h chart. You can see the price bouncing up and down in that channel with the price volatility squeezing in the December 16- January 2 period before exploding up to the area above $34,000 a few days ago. We haven't seen a single candle closing out of that improvised rectangle for the period, not even yesterday's big red candles managed to penetrate below its lower boundary (ow at $31,000). What we are seeing today is yet another jump off the above-mentioned line and I expect to at least hit the middle line at $33,000 today or tomorrow. So, fast forward to today, BTC did not only cross $33,000, but continued to rally and used the middle line of the corridor as support before skyrocketing up to $37,000. What we are seeing right now on the 4-h chart is the biggest cryptocurrency going out of the channel (trading at $38,095 as of the time I write this). I'm not really sure if this is a good thing or we are getting close to the point of exhaustion. I would be extremely careful from here given the fact all will be aiming at $40,000 and we all know how bitcoin is working - expect the unexpected. It is also true that the fundamentals are very much in favor of a bull trend continuation. I'm speaking about what we saw last night near the White House and the turmoil that might be ahead of us and which will definitely impact the US dollar in a negative way. From here, I will be looking for support at $34,800 and $32,000. The RSI index value is extremely high in the overbought area. By the way, we just broke the $1 trillion market cap for the entire cryptocurrency market. It is quite possible to see a pause in the rapid price increase. If we are really seeing a change in the financial paradigm and so on, is it really ok to expect a pump and dump ? A sideways consolidation might be the best thing right now for three reasons: we will avoid the dump, bitcoin will leave more space for alts, which as we know are where the big money is made, and third - it will mean BTC is really something that is here to stay in the long-term. Stay safe !!! Best Regards
BITSTAMP:BTCUSD
by FutureBlockchain
7
AAON at epic opportunity NASDAQ:AAON Just noticed this stock and this great opportunity. those position I like the most because you catch them at the start and can take high profit from just solid trend. I have multiply reason to buy this stock: Uptrend - this stock keeps going up few months now, just move up your stop command once in several weeks, and its a great profit. very strong support level - as you can see, the support level gave me confident along this year so now after it send this stock back up, I am pretty sure this is going up this time too. Perfect channel - the channel stayed storng since the COVID-19 came to our life, so I can realy lean on it. Ensure candle - just saw the stocks signals that is going up according to the 3 points above, so I realy trust it. I will put my position with 'take profit' at the top of the channel, and my stop not that far down. If it will stay that solid I probebly will come to another money maker from that stock. Of course, trading this stock is by your own risk. keep trade well.
NASDAQ:AAONLong
by omer12345678
1
Taiwan Semiconductor Manufacturing. A Must Have for 2021.TSM has continued its bullish uptrend since March following the rest of the stocks in its sector. In the past month, it has swerved past the $90 resistance that has been holding it down and continued an even steeper uptrend. The uptrend channel looks strong and has only shown weakness back in July. Surrounding the stimulus news and the fact that it has been a major player in helping Apple produce its own chips is what is moving this stock upwards. TSM has room for upside in my opinion but taking a long position right now might not be sustainable. The Fibonacci retracements show the closest support level is between $89-$93. Given the current market conditions along with vaccine news and stimulus, I would wait and see if the current uptrend holds. A drop to $89-$93 is what I am looking forward to in order to take a long position and set a stop loss limit at $80. My PT for 2021 is $130.
NYSE:TSMLong
by UnknownUnicorn10016235
HODL! but not to your crypto...It is just an addition to my previous BTCUSD idea which was more based on RSI indicator. Here we have not 1, not 2 but 4 different resistances: the first and the most obvious one comes from the previous ATH, the second and the third one comes from the upper levels of the upward channels 1 & 2. The forth resistance presents itself in the RSI - currently we are stuck at 84 value. But wait, there's more: Greed and Fear index is 95 which is crazy even for Bitcoin (this index has never seen bigger numbers). And hey, we still have to see at least 25% correction and touch 20 weeks MA.
BITFINEX:BTCUSDShort
by Detri_Mantela
NAVI Week of 11/16NAVI is about to reach a point of high resistance. First there needs to be a closing candle over the red resistance line. Once that holds it needs to break over the 1.414 Fib ($10.51). High volume and the candles not deviating too far away from the white line is key. If the candles dont break and bounce off resistance, this would be the second rejection from this uptrend. What does this mean? we are heading down to the green support line or the .786 ($8.69). As always I am looking forward to all of your comments or corrections.
NASDAQ:NAVI
by Bye_Shai
Breakout Brewing for Bitcoin SV!BITFINEX:BSVUSD As volatility stagnates and directional indexes are at historical lows, pressure is building for Bitcoin SV and other coins like DASH and LTC. This graph shows how cyclical the crypto markets are and how dangerous it can be to be short in conditions like these. Three downtrend periods are evident in the history of Bitcoin SV, the first being Nov 2018 - May 2019, the second June 2019 - Dec 2019 and the third Feb 2020- Oct 2020. After every downtrend in BSV , a breakout of + 350% followed, in both cases with a duration of 60 days and marking a maximum in historical volatility (HV) as seen in the graph. Currently we are in exactly the same conditions as in the base of the previous explosions, both in chart patterns and in volatility and trend indices, the cyclical trend of the currency being quite self explanatory. I would not recommend entering long right away from the bottom of the channel, but long from the break of downward strtucture plotted as a blue descending line. The reason is to minimize risk in order to use leverage or greater position size, instead of hoping for the best by seting a -20% SL. It just makes more sense. Movements of this magnitude could be catalyzed by the movements of other coins such as Litecoin and Etherum, which in the past have already shown to have a greater correlation with this pair than the giant Bitcoin ( BTC ). Trade at your own risk. This is not financial advice.
BLong
by UnknownUnicorn3102162
3
ZScaler inside uptrend channel (Watching!)ZS has been behaving well inside the uptrend channel drawn. When we touch the upper part of the channel, we see a pullback to the lower segment line. RSI analysis suggests, we have difficulty going above the 70 level, however, the chart remains bullish whenever the RSI has been over the 43 RSI. A break below 40 in the RSI would be short-term bearish. -----> conditional Bull OBV has been trending upwards since the earnings gap-up we had May 29th. -----> Bull 50sma is lining up with the lower channel line, which could work as a support, and a buy entry with low risk.
NASDAQ:ZS
by dorfmanmaster