trendline
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it's reasonable to expect a buy opportunity around the $54,000 zone for now. The #trendline near $52,000 serves as a crucial support level that could influence price action. Given that many shorts are targeting the $54,000 mark, there might be #upward pressure as these positions could lead to a short squeeze. If the price rebounds from this zone, it could signal a continuation of the bullish trend. Additionally, closely monitoring the market's reaction to this level, including volume and momentum indicators, will be important to confirm the strength of any potential upward move. đ
what's your thought??
#BTCâ #CryptoNewss #CryptoMarketMoves
i read you đ
it's reasonable to expect a buy opportunity around the $54,000 zone for now. The #trendline near $52,000 serves as a crucial support level that could influence price action. Given that many shorts are targeting the $54,000 mark, there might be #upward pressure as these positions could lead to a short squeeze. If the price rebounds from this zone, it could signal a continuation of the bullish trend. Additionally, closely monitoring the market's reaction to this level, including volume and momentum indicators, will be important to confirm the strength of any potential upward move. đ
what's your thought??
#BTCâ #CryptoNewss #CryptoMarketMoves
i read you đ
$PENDLE seems to be in a mood.đ
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#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
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#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
Navigating Today's $Bitcoin Market: Major Support Levels to Watch
In today's ever-changing Bitcoin market, support levels have become increasingly essential for traders and investors alike, as they help establish a sense of stability amidst the notoriously volatile cryptocurrency landscape. These crucial levels are particularly important to monitor when the support trend line is broken â indicating that significant support levels might come into play.
As the market adjusts and reacts to various factors such as institutional investments, regulatory updates, and global economic developments, identifying key support levels is vital to making informed decisions within of Bitcoin.
#bitcoin #trading #trendline #fibonacciretracement #BitcoinAnalysis
In today's ever-changing Bitcoin market, support levels have become increasingly essential for traders and investors alike, as they help establish a sense of stability amidst the notoriously volatile cryptocurrency landscape. These crucial levels are particularly important to monitor when the support trend line is broken â indicating that significant support levels might come into play.
As the market adjusts and reacts to various factors such as institutional investments, regulatory updates, and global economic developments, identifying key support levels is vital to making informed decisions within of Bitcoin.
#bitcoin #trading #trendline #fibonacciretracement #BitcoinAnalysis
đMastering HODLing: Simple Yet Not Easy đȘđ
HODLing, the art of holding onto your crypto assets, is a straightforward concept but requires resilience. In the volatile world of #BTC, embracing the long-term vision can be challenging, yet it's the key to enduring success. Keep HODLing strong! đŒđ #CryptoHODL #BitcoinJourney #trendline #buythedip
$YGG is finally trying to breakoutđhow much will it fly?
We can expect 0.49 if it breaks out even 0.54 area, this will be true only if $BTC doesnt make bearish chart in the short timeframe, also $YGG support lines are very clear.
Nearest support seems to be around 0.44-0.45 area, if it breaks we may see the price go towards lower support which seems to be at 0.41-0.42 area.
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#breakout #trendline #YGG/USDT #YGG
We can expect 0.49 if it breaks out even 0.54 area, this will be true only if $BTC doesnt make bearish chart in the short timeframe, also $YGG support lines are very clear.
Nearest support seems to be around 0.44-0.45 area, if it breaks we may see the price go towards lower support which seems to be at 0.41-0.42 area.
Follow me for more content, news, even signals in future.
Freedom of money.
#breakout #trendline #YGG/USDT #YGG
#BTC/USDT ANALYSIS
#BTC rejected the resistance #trendline of the falling wedge and currently holding above its support trendline and the horizontal #support. RSI is in the oversold region and displaying a #bullish divergence.
A bounce is expected from here, while a solid breakout or breakdown of the falling wedge would confirm the next move.
#BTC rejected the resistance #trendline of the falling wedge and currently holding above its support trendline and the horizontal #support. RSI is in the oversold region and displaying a #bullish divergence.
A bounce is expected from here, while a solid breakout or breakdown of the falling wedge would confirm the next move.
Bitcoin has slightly touched the support zone and gone up. Also there is a breakout in the treadline. Retest is done. Is it going up?
#BTC #trendline #Breakout #SupportLines
#BTC #trendline #Breakout #SupportLines
what is going on right now ? $BTC back to the top trying to make it support again ? #BTC popped. I don't know đ€·ââïž but it's great đ maybe get stuck in a broadening wedge with that #trendline just up and to the right đ€Ł $BNB $RVN
#Ethereum Resistance + Trend Line Strategy
Forgot to mention before about colored lines.
My Fibonacci Retracement Levels Strategy.
Check my pinned article where I shared all my levels and strategy.
#tradingStrategy #fibonacciretracement #trendline
Forgot to mention before about colored lines.
My Fibonacci Retracement Levels Strategy.
Check my pinned article where I shared all my levels and strategy.
#tradingStrategy #fibonacciretracement #trendline
LIVEvsanchez
--
Bearish
$ETH Resistance + Trend Line Strategy
Hey traders! Today, I'll share a powerful strategy - Resistance and Trend Line Strategy. It combines technical analysis and price action to find entry and exit points. Trend lines connect highs or lows to show market direction. Resistance levels are areas where prices struggle to break through. To use the strategy, look for a confluence of a trend line and resistance level. If price shows rejection near this confluence, consider selling. If price breaks through with strength, consider buying. Use risk management and confirm with indicators or candlestick patterns. Practice in a demo account and consider market news. Enjoy trading with this strategy!
#TradingTips #TechnicalAnalysis #Ethereum
Hey traders! Today, I'll share a powerful strategy - Resistance and Trend Line Strategy. It combines technical analysis and price action to find entry and exit points. Trend lines connect highs or lows to show market direction. Resistance levels are areas where prices struggle to break through. To use the strategy, look for a confluence of a trend line and resistance level. If price shows rejection near this confluence, consider selling. If price breaks through with strength, consider buying. Use risk management and confirm with indicators or candlestick patterns. Practice in a demo account and consider market news. Enjoy trading with this strategy!
#TradingTips #TechnicalAnalysis #Ethereum
$JASMY Falling #channel can breakout anytime above 0.0364$ and we should be ready for it!
We already have tapped the upper #trendline 4 times and 5th time should be it for the bulls. Target short term would immediately be 0.05$
Worst case #scenario would be a tap at 0.033$ or even 0.03$ but chances of that happening are slim, lower trendline tap if comes is the worst case.
#jasmyustd #AirdropGuide
We already have tapped the upper #trendline 4 times and 5th time should be it for the bulls. Target short term would immediately be 0.05$
Worst case #scenario would be a tap at 0.033$ or even 0.03$ but chances of that happening are slim, lower trendline tap if comes is the worst case.
#jasmyustd #AirdropGuide
In a 4h time frame #BNB/USDT has broken out of it's trend line resistance. A successful retest can bring high risk:reward buying opportunity and we can see bullish wave soon.đ
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#BNBUSDT #resistance #trendline #chartpatterns #BTC
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#BNBUSDT #resistance #trendline #chartpatterns #BTC
#BTC same pattern no ? #Pump , get stuck in a channel , break the 30 day simple MA , dance around it and #dump since the beginning of the year , but now #Bitcoin is still above that #trendline . Do we test it as support and continuation to those higher price predictions? I'm not so sure . #Altcoins bleeding. have a great weekend đ
How to draw trend line ?
#Educational
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means itâs stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means itâs stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
#crypto2023
Can BNB reach $10 000?
In terms of price value, BNB has an outstanding potential to reach new ATHs. It is forecasted that BNB will increase in value. According to many experts and business analysts, BNB can hit the highest possible price of $10,304.85 till 2030.
#Binance #BNB #BTC #trendline
Can BNB reach $10 000?
In terms of price value, BNB has an outstanding potential to reach new ATHs. It is forecasted that BNB will increase in value. According to many experts and business analysts, BNB can hit the highest possible price of $10,304.85 till 2030.
#Binance #BNB #BTC #trendline
#Bitcoin-BTC seems to be heading for some kind of move. I see alot of confluence. Bollinger pressure tightening $BTC between the top of the channel headed towards that #trendline isn't this whole channel 5 waves ? is this the continuation of the 5th wave ? or are we going to break down to 35k ? #ETF #fomo ,, yeah I'm #bullish #RSI is high but I think Bitcoin is going for its #bearmarket high. this is not a signal , I don't trade , I'm looking to take profits on what I hold at the best time before the #halving pullback and use those profits to accumulate what I can during the pullback and such. this is not finacial advice , this is my personal experience and speculation. so yeah, take it with a grain of salt đ$RDNT $RVN
Market Update -
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.
#pepe⥠break the #trendline and take bounce back from its support
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for amazing signals and latest crypto news you can join us at âđ #Imtiazzavi
#AirdropGuide #Margintrading
if you want to learn trading you can join us and follow us
we provide quality signlas
