Took the trade due to seeing a weekly double top pattern, small break below a weekly key level as well a mini trend line. Price ended up reversing and respecting the weekly support level all week and rejecting off of it, so I closed my entry after a clear indication of price not wanting to break through to the downside.
It looks like we are witnessing the breakout of a bull pendant, price target is around $160 but could go higher
Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish: https://www.tradingview.com/x/aHP7REyb/ Click chart above to see the detailed analysis?? If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future. Levels to watch: $0.2, $0.5 Keep your long term vision, Philip (BasicTrading)
- GBPUSD reversed from the resistance zone - Likely to fall to support level 1.2530 GBPUSD currency pair recently reversed from the resistance zone between the resistance level 1.2700, the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Evening Star which ended the previous impulse wave (3). Given the overbought daily Stochastic, GBPUSD can be expected to fall to the next support level 1.2530 (former resistance from the end of January).
th pair made a pattern at the end of its bullish move which is a contiuation pattern . then bounced back immeidately toward a lower support area . from the support area we believe that trendline will be touched once again as pattern structure suggests let's see what would happen
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9050 USDCHF currency pair recently reversed from the support zone between the support level 0.8920 (which has been reversing the price from November), support trendline of the daily down channel from January and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star which started the active impulse wave (3). Given the clear daily uptrend, USDCHF can be expected to rise to the next resistance level 0.9050 (top of the previous minor correction iv).
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Moin, 30min chart LETS GO einfach posten, kommentieren, liken ,mitmachen Besucht uns im TV-Krypto-Chat Mögliche Optionen https://www.tradingview.com/x/ndsO94rS https://www.tradingview.com/x/nDh0jnda Longterm-Studie https://de.tradingview.com/chart/BTCUSDT.P/SxhF5QGA/