White= restistance Green= Support Red = Buy zone Vertical Blue= Expected breakout
White= Resistance, if we breakout we can go to the moon Grean arrow lines= Possible support areas, we hold = confirmation Blue vertical line= Expected breakout Red Box= Entry area
White line= resistance, in a downtrend. A break means we go back to the moon. Buy breakout or the retest Green arrow line= support, if we can hold the support is confirmed, we can buy here Vertical blue line= Expected breakout
On the 3H chart I've found 3 areas of value, if Bitcoin is gonna have a bounce back, where we might wanna get in to take a swing trade. - I've found that the EMA 50 is acting as an area of support as indicated with the blue arrows. - Second area of support is indicated as the green box. - If second area of support fails we can fall back on the white trendline as a...
I think this is an easy daytrading/ swingtrading opportunity for them small gains.
ALIBABA is clearly trading in an ascending channel. So far it has bounced off the support line. As u can see there are two ascending channels I have drawn. I hope ALIBABA will break through the first channel (mid white line) so that it can/ might grow to a 25% gain. My idea is buy at the support, take profit at the first resistance/ take profit at the top. Stop-...
On the 2hr chart there is an ascending wedge where spotify is clearly trading in between. If all goes well, it should bounce off the bottom white line of the wedge, if not it should bounce off around the yellow support line (in theory). If it bounces from the white support line we can expect a 22% gain in a long term position. My idea of a swing trade would...
Descending Triangle pattern can be found on the 4H
After a strong downtrend the last days, we can now see VIBBTC testing the support line, will it bounce for a trend reversal?
An ascending triangle is forming, keeping an eye on this one
On the daily chart we can see an ascending channel, in the channel we can see two patterns of a descending wedge. The last descending wedge pattern gave us a bullish reaction in the channel. Will the second descending wedge also bring out reaction of the buyers and bounce of the support line? What do you think?
On the daily chart I can see XLMBTC is currently in a channel. Main idea is it keeps trading between the channel and trades are viable in the channel.
I've found the resistance line on this chart, it's in white. The blue thick lines are the support lines. If the resistance gets broken I can see a nice long opportunity for this one. Also on the 2h chart I could see a descending triangle, if pattern breaks we can get 7% gain when it will bounce from the resistance line. What do you think?
On the 2h chart we can see a descending triangle forming. On the last bullruns of BQXBTC we could also see a descending triangle pattern that triggered a 20% gain twice. WIll history repeat it self? The lines at the bottom of the chart are the previous support lines, if BQXBTC goes bearish on the pattern it will most likely bounce on top of it. If the pattern...
After WePower, Power Ledger with the gains???
A channel can be spotted, is this a trend reversal we are seeing?