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...
Price is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 78.18 Why we like it: There is a pullback support. Stop loss: 75.54 Why we like it: There is a pullback support level. Take profit: 81.40 Why we like it: There is a pullback resistance level which aligns with the 61.8%...
The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is an overlap resistance. Pivot: 66,022.69 1st Support: 64,588.58 1st Resistance: 68,777.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
> 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...
Logarithm. The time interval is 3 days. This idea is a continuation of the previous one, published more than half a year ago Local trend BTC/USD 19 11 2023 An ascending triangle (conditionally bullish) is forming. The percentages of its realization and key support/resistance levels are shown. Similarly, key reversal levels are highlighted in yellow and...
@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...
ADA/USD is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 0.4227 Why we like it: There is a pullback resistance level. Stop loss: 0.4428 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Take profit: 0.4024 Why we like...
SOL/USD is reacting off the resistance level which is a pullback resistance and could potentially fall to our take profit. Entry: 149.31 Why we like it: There is a pullback resistance level. Stop loss: 157.34 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Take profit: 138.24 Why we like it: There is a...
Price is rising towards a resistance level which is a pullback resistance and could potentially reverse from this level to our take profit. Entry: 3,560.84 Why we like it: There is a pullback resistance level. Stop loss: 3,722.13 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Take profit: 3,350.20 Why we...
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...
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...
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...
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...
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...
Based on the current chart and liquidity levels, it appears that after capturing the specified highs, Bitcoin is likely to experience a significant correction. The manner of the decline will indicate the continuation of the trend at lower price levels. Therefore, we can expect a minor upward move to capture liquidity, presenting the last opportunity to exit long...
Bitcoin analysis Time frames of 1 hour and 4 hours Bitcoin has fallen in the 1-hour time frame
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...
Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high...