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Ascending Channel

DELL ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽‍♂️ Ascending channel pattern 💲 Entry Point : 76.07 🟢 TP 68.62 🔴 SL 79.74 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
NYSE:DELLShort
by EMA_Trading
1
NVDA: Beware of these Support / Resistance Levels (H & D charts)NVDA shares are losing momentum after a powerful upward reaction this morning. It seems that as it approaches its resistance area, it is becoming difficult for NVDA to maintain its upward trajectory. We had a good reaction near the Fibonacci retracements, which, as we warned in our last public study, was our main area of support. Now the price is trying to recover, but there are still some challenges ahead. The link to our previous analysis is below this post, as usual. It's interesting to note that despite losing momentum, the price could still seek out the $487.61 region, a secondary resistance and previous top that can be seen on the hourly chart: At the moment, there is no clear sign of a bearish reversal, but we should remain vigilant as the price is finding it difficult to break through the resistance of its Ascending Channel, as evidenced by the purple lines. A correction down to the 21 EMA is plausible, but if the price loses this support, then we could see NVDA near the support of its channel again. So, in the short term, it's all about the Ascending Channel, and in which direction there will be a breakout, as well as the 21 EMA. In the medium term, we should focus on the Fibonacci retracements, and the resistance at $487. I must admit that I would like to see the price at $487 again, since that point has been a personal target for me since the first buy signal at $469: Ignition Bar + above the support of the ascending channel + breaking a pivot point + breaking the 21 ema on the 1h chart = Clear buy signal (to me, at least). However, depending on how the price reacts today, maybe the bullish thesis will be thwarted. I’ll keep you updated on this, so remember to like this idea, and follow me for more analysis like this. All the best, Nathan,
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
23
GOLD → How will the news affect the price?FOREXCOM:XAUUSD is forming a strong bullish trend, but there are some preconditions on the chart, which in tandem with the news can form an unexpected scenario. Today is the last strong news of the year. Namely, at 13:30 GMT Initial Jobless Claims will be published. Overall, analysts are expecting 210K relative to the previous 205K. This is bad data. But a big role is played by the actual data relative to the expected data. If the data will be higher than expected 210K, the dollar may break the local support and continue its decline, which will strengthen the gold. If the data will be lower than expected 210K, then gold will catch a bearish wave on the back of dollar strength. Technically, we have a bullish trend, with strong support and liquidity area forming in the 2075 - 2069 area. On positive news for XAU the price may test this area and after a false breakdown head upwards. But negative news for XAU will break this area and could send the gold price to 2050 - 2047. Support levels: 2075, 2069.3, rising line Resistance levels: 2080, 2088, 2100. Technically, gold is ready to continue to grow and this will continue in the medium and long term, but locally, the news can unpredictably affect the price COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDLong
by RLinda
15
ETH → Moving from the old range to the new one. Target $3500BINANCE:ETHUSD breaks the consolidation resistance and makes an attempt to enter a new wide range. The target of this maneuver, after fixing the price above the support, may become the area of $3580 The market has been forging consolidations and prolonged retests of the 2300 area for several weeks. After the formation of another set-up, which I warned you about earlier, the price breaks this area. In fact, we were ready for it. Several support levels are important for us at the moment: 2383 and 2300. Consolidation of the price above these levels will form a big bullish potential, which in the medium term will determine for us the further priority and further path. But in the priority we expect the price growth to continue, as ETH has a positive fundamental and technical background. The medium-term target for us is 2650. There are also chances that the price may test this zone this year and reach the upper boundary of the mentioned range next year. Support levels: 2383, 2300, 2340 Resistance levels: 2445 Moving averages support the market We expect the growth to continue as we have a favorable fundamental and technical background. Regards R. Linda!
BITSTAMP:ETHUSDLong
by RLinda
16
BTCUSD → The potential for a rise to 50K is accumulatingBINANCE:BTCUSD is forming a good potential and prerequisites for further growth. The key resistance is the level of 44350, and the price continues to actively test this area. On the high timeframe we see the formation of a global range. The potential target from the point of view of technical analysis at the moment is the upper boundary of the range 65K - 70K, where a huge pool of liquidity is hidden. Fundamentally, bitcoin is doing quite well, as the SEC has recently been actively cooperating with companies that have applied for a spot ETF. Analysts expect the first BTC-ETF to be approved in early January 2024: some sources have indicated that recent indications from SEC officials are that the green light is likely to be given by January 10. In terms of technical analysis, an ascending triangle is forming on the chart. The key resistance of the pattern is the area of 44350 - 44500. This pattern can be interpreted as an active accumulation of buyers' potential for further overcoming the limit resistance formed by sellers. The price keeps testing the resistance and getting closer to the resistance. At the moment there are two possible scenarios: Retest of 43440 support, formation of a false breakdown with further retest of global pattern resistance and its breakout with further growth. Deeper correction: retest of the resistance of the previously broken ascending channel with further rebound and retest of the global resistance with the aim of its breakout. Support levels: 43440, 41664, 41200 Resistance levels: 44350, 48234 I expect that consolidation will end soon and the market will move to the phase of realization and growth to the specified target. Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
47
XRP → Why is Ripple standing still and when to expect growth?BINANCE:XRPUSDT is underperforming across the board, although fundamentals, are relatively positive. The coin is forming a consolidation. What should we expect from this situation? XRP is forming a weak, but still bullish trend. On the chart, we see the formation of a sideways movement within a symmetrical triangle. Consolidation inside the ascending price channel. The price movement is due to the conflict related to the SEC and securities. The crypto community expected the settlement of the conflict or some key news on November 30, but it did not happen. The trial has been postponed to spring 2024, where it is likely to be settled, but there is no clear understanding whose side will win in this situation. If we ignore the SEC, Ripple continues to actively expand and enter into contracts with large companies. Technically, the altcoin market looks very bullish and the more we see the gap between CRYPTOCAP:TOTAL2 and XRP, the tenser the situation becomes. Support levels: 0.585, 0.493 Resistance levels: 0.648, 0.7325 Until the issue with the regulation of the dispute between Ripple and SEC is over, the coin will continue trading inside the price channel. We expect the price to decline towards the trend support area followed by a rebound towards 0.7325. CRYPTOCAP:XRP COINBASE:BTCUSD CAPITALCOM:US500 Regards R. Linda!
Long
by RLinda
27
ETH → Conglomerate of bullish patterns. Waiting for growth ↑Ethereum COINBASE:ETHUSD is forming a conglomeration of bullish patterns amid a strong uptrend that continues to show chic preconditions for further growth. On W1, the price forms a retest of the resistance of the uptrend range. The price successfully fixes above the strongest support zone 2041 and in fact the bulls define for themselves the lower boundary of the range, beyond which they have no right to let the price go. The area of 2300 is important for us in the medium term. This level shields us from a new range with the width of 55% of the price movement. I've seen two scenarios on the 4H timeframe. But first we should pay attention to such nuances as: bullish trend (strong), ascending triangle, the breakout of which continues to influence the price formation, as well as the bullish pattern "flag", which can be interpreted as: correction on the bullish trend before the continuation of growth. Support levels: 2190, 2131, 1980 Resistance levels: ascending resistance line and 2030 On the background of the retest, a false support breakdown is formed and the market forms a pin-bar candlestick - a strong signal for further growth. In addition, the conglomerate of bullish patterns " ascending triangle " and " flag " also forms the expected bullish potential. In the near future we expect the realization of one of the above scenarios with further growth. Regards R. Linda!
BITSTAMP:ETHUSDLong
by RLinda
3
🚧Bitcoin is bullish🚧 & many Traders don't see it 👀!!!As you can see, Bitcoin has reached the ceiling of the ascending channel after going through 5 ascending waves and now it is time to correct the price a bit. In my opinion, the past can be repeated, and as shown in chart AB=CD. Price After reaching the PRZ ZONE the price can have a good growth. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
Long
by CobraVanguard
EURUSD → FED & FOMC Expectations. Will the situation change?FOREXCOM:EURUSD is forming consolidation in the phase of waiting for news related to inflation and US monetary policy. Based on the expected news and past data, there are a few nuances. The TVC:DXY is leading an interesting life on 4H tf. The index is gaining a bullish stance, we can tell by the long shadows and the price pushing towards a strong resistance area that may be broken. PPI is ahead (analysts expect positive data for $) , Friday's NFP is also positive (this leverage is still in place) for DXY. And also ahead of Fed IRD - it's too early to talk about a rate cut, inflation is falling, but there is not enough potential to change Powell's views yet. Technically, on the background of the news, I expect a retest of the mentioned resistance area of EURUSD (1.083 - 1.081) with a subsequent fall, as the dollar is supported by strong fundamentals and expectations, in which case the forex will continue its downward correction. Support levels: 1.0756 Resistance levels: 1.083-1.081, 1.0800 The SMAs are showing the beginning of a change in sentiment as the fundamental backdrop is weakening for the euro. Based on the expected news, the dollar could rise, which would weaken the currency pair. But again, the main nuance of news is its unpredictability! Regards R. Linda!
Short
by RLinda
1