As price expands and contracts these are the levels that will act as Support or Resistance
As price expands and con tracts these are the levels of interest IMO to become Support or Resistance.
As the market expands and contracts these are what I have determined as future support and resistance levels.
These are the New Expanded Levels of this market. Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to...
The Hook 11 so far provide a clue not to go short STXUSDT. An Open on a daily basis above the previous High of 2.85 signals higher in my opinion.
Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these...
Whenever a market has a close on the day{bar} before a Rally that is less than the close 4 bars before, and the subsequent rally close is greater than all 11 highs before it that is a signal of a good breakout upward and a potential trend change to higher levels. You should employ your edge to buy the market at the best possible levels. Always use a...
In my humble opinion an open above 31.50 on a 4 hour basis rallies Chain-link up to the old high of 36.93. Contrary to that point is an open below 30.00 {on a 4 hour basis} which could drive price down to the lower Trend Reactionary number near 27.00. Always ,Always, Always watch the follow through at these points!
Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these...
With the open above a Technical Level of 58,354.14 Btc has a potential to rally to the next upper Trend Reactionary Number 62,198.00. If the market can open above this TRN I expect a rally to 64000.00ish. Always watch the follow through. This is my humble opinion and not any trade advice.
MY DAILY RANT : As prices advance and decline the Market creates new important foot prints for astute traders to gain clues from. In my opinion the market is creating mini Waves that are at first random based on the two main factors of market traders personalities, Fear and Greed. When the market has expanded into new territory or reacted down into new territory...
New Upward resistance level comes in at 55,283.38
Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York. They are calculated by a proprietary formula and other variables which...
Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York. They are calculated by a proprietary formula and other variables which...
Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York. They are calculated by a proprietary formula and other variables which...
Additional Levels of Resistance that need to break in order to Breach the Import 2.00 level