#trendline
trendline
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$YGG is finally trying to breakout🚀how 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
what is going on right now ? $BTC back to the top trying to make it support again ? #BTC popped. I don't know 🤷♂️ but it's great 🚀 maybe get stuck in a broadening wedge with that #trendline just up and to the right 🤣 $BNB $RVN
In a 4h time frame, MBL/USDT is breaking its trend line resistance.
A successful breakout and retest could spark a bullish wave.📈
#BTC #MBL/USDT #chartpatterns #trendline #TradeOpportunity
A successful breakout and retest could spark a bullish wave.📈
#BTC #MBL/USDT #chartpatterns #trendline #TradeOpportunity
#Bitcoin is currently stuck between a rising trendline support and horizontal resistance at $105,834.
Price bounced after a fakeout below trendline. Major #resistance at $107,240 still holding strong. If price breaks above, next target = descending #trendline . The breakdown below support zone could open doors to $100K
Key level: Watch the $105K–$107K zone closely!
#GENIUSActPass #DAOBaseAIBinanceTGE
Price bounced after a fakeout below trendline. Major #resistance at $107,240 still holding strong. If price breaks above, next target = descending #trendline . The breakdown below support zone could open doors to $100K
Key level: Watch the $105K–$107K zone closely!
#GENIUSActPass #DAOBaseAIBinanceTGE
💥MISTAKES ABOUT HOW TO DRAW TRENDLINES! 🤔
Just now in the group, I saw everyone arguing about how to draw trendlines correctly!
👉One side is used to drawing trendlines with a thick line, going through the candle bodies, and not counting the candle wicks. This group believes that the price levels at the candle wicks show weak liquidity in the buying and selling zone, so they are not counted in the trendline.
👉One side draws trendlines with a very thin line, going through the peaks of the candle wicks. I know these guys often draw trends like this to scalp with limit orders.
-----
🤔However, in my opinion, neither of the above methods is wrong. Technical analysis (PTKT) does not have a holy grail, and there is no 100% standard to follow, only those who trade profitably are right. So arguing is quite unreasonable!
👉In essence, trendlines or resistance and support levels are just PSYCHOLOGICAL THRESHOLDS of price >>> At that position, the crowd will tend to sell more, or buy more.
And since it is a psychological threshold, there certainly cannot be a standard price for you to draw the trendline accurately. Remember, resistance or support is an AREA, not a POINT! 👍👍
How do you usually draw trendlines? Just comment for everyone to refer to!
#cafebit #trendline #bitcoin
Just now in the group, I saw everyone arguing about how to draw trendlines correctly!
👉One side is used to drawing trendlines with a thick line, going through the candle bodies, and not counting the candle wicks. This group believes that the price levels at the candle wicks show weak liquidity in the buying and selling zone, so they are not counted in the trendline.
👉One side draws trendlines with a very thin line, going through the peaks of the candle wicks. I know these guys often draw trends like this to scalp with limit orders.
-----
🤔However, in my opinion, neither of the above methods is wrong. Technical analysis (PTKT) does not have a holy grail, and there is no 100% standard to follow, only those who trade profitably are right. So arguing is quite unreasonable!
👉In essence, trendlines or resistance and support levels are just PSYCHOLOGICAL THRESHOLDS of price >>> At that position, the crowd will tend to sell more, or buy more.
And since it is a psychological threshold, there certainly cannot be a standard price for you to draw the trendline accurately. Remember, resistance or support is an AREA, not a POINT! 👍👍
How do you usually draw trendlines? Just comment for everyone to refer to!
#cafebit #trendline #bitcoin
#pepe⚡ break the #trendline and take bounce back from its support
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#AirdropGuide #Margintrading
if you want to learn trading you can join us and follow us
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for amazing signals and latest crypto news you can join us at ❌👉 #Imtiazzavi
#AirdropGuide #Margintrading
if you want to learn trading you can join us and follow us
we provide quality signlas
Trend Line 📏📊
The trend line connects the lows or highs to determine the market direction.
Upward ↗️ if the lows are higher than the previous ones.
Downward ↘️ if the highs are lower than the previous ones.
Used to accurately identify entry and exit points.
#trendline #Write2Earn #LearnTogether
$AVAX $TON $AR
The trend line connects the lows or highs to determine the market direction.
Upward ↗️ if the lows are higher than the previous ones.
Downward ↘️ if the highs are lower than the previous ones.
Used to accurately identify entry and exit points.
#trendline #Write2Earn #LearnTogether
$AVAX $TON $AR
#BTC Came Down Exactly As I Told, Currently It's On The Symmetrical #Traingle Upper #Trendline Support!
#BITCOIN weekly candle closed above the 4-year Trend Key level
BTC is sitting right on the macro long-term #trendline that’s held the market together for 4 years.
This level has acted as major resistance 3 times over the last 3 years, now flipping as strong support.
As long as BTC holds above this #trendline , the long-term outlook stays bullish.
$BTC
BTC is sitting right on the macro long-term #trendline that’s held the market together for 4 years.
This level has acted as major resistance 3 times over the last 3 years, now flipping as strong support.
As long as BTC holds above this #trendline , the long-term outlook stays bullish.
$BTC
Overall Pattern 📉$ANOME
The chart is currently moving inside a descending channel, which is very clear — you drew two parallel trendlines:
The upper #trendline connects lower highs → dynamic resistance🔵
The lower trendline connects lower lows → dynamic support 🟦
The price is now touching the bottom of the channel ⤵️, which is a fairly strong #short -term support zone 💪.
The chart is currently moving inside a descending channel, which is very clear — you drew two parallel trendlines:
The upper #trendline connects lower highs → dynamic resistance🔵
The lower trendline connects lower lows → dynamic support 🟦
The price is now touching the bottom of the channel ⤵️, which is a fairly strong #short -term support zone 💪.
👀Keep an eye on the trendline. I’m waiting for a confirmed breakdown — once that happens, the plan is to short aggressively. $RIVER
Current sentiment: Bearish
Chart timeframe: 1H
A scalp setup is attached to this post for reference.
👍follow Muhammadmoeez for more information😀.
#TechnicalAnalysis #Trendline #Bearish #Muhammadmoeez #ScalpTrade #CryptoTrading #DayTrading #PriceAction #MarketSentiment
Current sentiment: Bearish
Chart timeframe: 1H
A scalp setup is attached to this post for reference.
👍follow Muhammadmoeez for more information😀.
#TechnicalAnalysis #Trendline #Bearish #Muhammadmoeez #ScalpTrade #CryptoTrading #DayTrading #PriceAction #MarketSentiment
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