DOG/USD is falling towards a support level which is a pullback support and a bounce from this level could indicate a double bottom pattern which could lead to a potential price rise. Entry: 0.1364 Why we like it: There is a pullback support level. Stop loss: 0.1308 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci...
XRP/USD has reacted off the support level which is a pullback support that lines up with the 161.8% Fibonacci extension and could potentially rise from this level to our take profit. Entry: 0.4875 Why we like it: There is a pullback support level that aligns with the 161.8% Fibonacci extension. Stop loss: 0.4755 Why we like it: There is a pullback support...
Trading Setup: There is a Trading Signal to Sell in EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0792 ⭕️SL@ 1.0826 🔵TP1@ 1.0624 🔵TP2@ 1.0520 🔵TP3@ 1.0326 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Mantra (OMUSD) broke today above the top of its Rectangle, which has been the pattern it consolidated in since late March. The recent low of May 30 was supported just above the 1D MA100 (green trend-line) and that initiated the current rebound. This is not very different than the March 04 break-out, which after holding its 0.5 Fibonacci retracement level, it...
Price is rising towards a resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,730.48 Why we like it: There is a pullback resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 3,886.79 Why we like it: There is a pullback resistance...
@everyone Trading in a bullish pennant pattern involves recognizing the setup and then executing trades based on the pattern's characteristics. Here are three key points to consider: ### 1. Identify the Pattern - **Formation**: A bullish pennant forms after a strong upward movement (flagpole), followed by a brief consolidation period with converging trendlines...
> Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern: 1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look for a series of lower highs...
Ethereum (ETH/USD) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 3,748.21 1st Support: 3,569.08 1st Resistance: 3,879.96 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
BTC/USD is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 70,089.12 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 71,410.02 Why we like it: There is a pullback...
Bitcoin (BTC/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 70,300.08 1st Support: 68,739.68 1st Resistance: 71,627.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Secondary trend, horizontal channel zone. Declines from the pumping maximum -93.96% Local work with wedge breakout and channel range. In case of a negative scenario in the market - work from the capitulation zone. Allocate the position in advance. Percentages from this zone did not show, but take it into account in your risk management. Line chart. Main...
Hi dear friends, hope you are well and welcome to the new update on Phala Network (PHA) coin. Recently we caught almost 20% pump of PHA as below: Now on a 4-hr time frame, PHA has formed a bullish BAT move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck...
Hi dear friends, hope you are well and welcome to the new trade setup of Gitcoin (GTC) token with US Dollar pair. Previously we caught almost 184% massive pump of GTC as below: Now on a 4-hr time frame, GTC formed a bullish BAT move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Logarithm. Time frame 3 days. Rising channel. The chart shows key support/resistance levels for working in a local trend. Code zone 273 or synchronization specifically with the price of $ 27,3 00—this is the main key break zone of the downward trend. We are now in the zone of the previous distribution of the 2020-2021 cycle. Scale for understanding.
XRP/USD is falling towards a support level which is an overlap support and could bounce from this level to our take profit. Entry: 0.5058 Why we like it: There is an overlap support level. Stop loss: 0.4879 Why we like it: There is a pullback support level which lines up with the 161.8% Fibonacci extension. Take profit: 0.5377 Why we like it: There is a...
Bitcoin (BTCUSD) requires at all times that we are openminded to all possibilities and not just one. This suggests that we need to be prepared for scenarios that often go against the trend, the majority of opinions and momentum (whether euphoric or panic). Along those lines, we present you today a medium-term pattern that is possible and even though it doesn't...
ETH/USD is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,822.96 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 3,872.83 Why we like it: There is a pullback resistance...
BTC/USD is falling towards a support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 69,678.11 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 68,439.59 Why we like it: There is a pullback support...