AAVEUSDT|The end of the BULLISH trendAfter the upward lag that started at the price of 63 dollars, it has continued its upward trend in the form of an ASCENDING channel.
By reaching the resistance levels, we saw returns from these areas as long shadows, which indicates high liquidity in these areas and it is difficult to pass through these areas.
Multiple reversals from these areas show the weakness of the momentum, if the last downward movement leads to the breaking of the channel, we can enter sales transactions in the reversals to the channel, up to the support levels created by the origin of the movement.
The prices of 78.26 and 63.51 are suitable targets for selling transactions.
Upward_channel
GOLDEN STAR|Ethereum next targets 2480 and 2640By consolidating above the resistance zone, this zone has lost its validity.
Once again, the price needs to accumulate liquidity in the support zones for a new bullish phase.
The dynamic support level of the channel also determines the price trend that we need to see the price reaction to this level and the static support level to enter into purchase transactions and get confirmation.
Targets are 2480 and 2640 resistance areas.
GOLDEN STAR|GBPUSD Will it continue to grow or not?-With the formation of a corrective phase within an uptrend, here we saw the formation of a flag pattern.
which has managed to break it upwards today
If it can invalidate the upcoming resistance zone, the probability that the price will reach the level of 1.288 will increase.
if you liked this idea or if you have your own opinion about it
RNDR price action analysis. Me again with another setup of RNDR/USDT. I have mentioned my analysis by showing that RNDR is slowing making an upward trend channel. I have used 12HTF and mentioned my bullish and bearish points in it. As the market is right now going down, some of the alts are performing in the upper direction, and RNDR is one of them because, from this new year on, RNDR is performing very well and has also touched ATH. Despite dropping on May 8, we can see the upward trend is still on the move. Let's see what happens in the upcoming market. Monday's opening is very important.
RNDR is following bitcoin price movements and consolidating on others. Things can get choppy too. be careful!
No matter where the market goes, I have mentioned my quick scalping idea for both bullish and bearish scenarios.
Please respond with your constructive criticism. #PEACE
#DYOR #Market #Neutralview #RNDR #CRYPTO
EURUSD : Support & Resistance Trading strategyOANDA:EURUSD
Eurusd , Is trading in channel up , After immense bearish downtrend last week market recover 100% , As market is overbought now
Possible market after hitting resistance at 1.0777 will retrace to lower trendline for more bullish momentum
Our target from 1.0777 will be 1.0709 area
if price break down lower trendline than fair chances that we may see 1.0657 mark
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CNXENERGRY - Upward Moving ChannelKey highlights: 💡⚡
📈 Index is moving in Upward Moving Channel since 4th Nov 2020 as mention in chart.
📈 Index is taking exact support of lower trend line.
📈 MACD is also giving Crossover.
📈 One may go for swing trade into ENERGY SECTOR.
KEEP AN EYE ON ENERGY SECTOR STOCK.
EXAMPLE - ADANITRANS , RELIANCE
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
STOCK of the Month Jun 2022: PVRUpward channel is there but showing sign of testing 1500 Level then possibly bounce back. Also, overall market is sell on rise.
View: BEARISH
Expected Target 1500 CMP 1703
Going for Bearish Spread (HEDGING) seems to be the best choice at the moment.
Buying 1800 CE would be good for buffer in case there is bullish move for short time. CMP 50
Shorting 1500 CE seems to be good idea get the max juice out of the move. CMP 250
1D BTCUSDT. Hi everyone!
Daily " BTCUSDT Upward channel.
BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line )
If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level)
If failing to hold above this level and( a) daily candle closes below $40.8K (White broken line)Would mean that the Price Channel is broken t BTC cloud drop to $35k or even lower.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
FCEL to 12.17I AM NOT A PROFESSIONAL TRADER. TRADE AT YOUR OWN RISK.
Looks like a upward channel starting from a area of value 5.68.
We are bumping our head on the top channel and resistance level of around 9.57.
I can see a slight pullback to a VWAP line of 7.74 to cool down the RSI.
The Daily chart volume is good to interest traders and have nice volatility for upward trend to 12.17.
Lastly MA50 and MA30 closing in on MA200 for a golden cross.
just a perspective , GOOD LUCK TRADERS
Swing Trade | Long | Buy at dip near 193Chart Timeframe: 1D
The pattern identified: Upward Channel
Trade type: Swing Trade
Note: Views are personnel & for educational purpose only
Where will earnings take us?disclaimer: I have not studied charts only watched chartists on TV. Here's my amateur attempt. But I would say my previous career was in design so I will claim to be 'visually lead'. FWIW.
So, Tesla broke trend a while back. I'm hoping I see a resumption of that trend. The channel should be somewhere between 760 & 820 by earnings.
I hope...