Sentences with phrase «key resistance»

"Key resistance" refers to a specific point or level which acts as a barrier or obstacle that prevents the price or value of something from rising further. It is like a strong line that needs to be crossed or broken for further progress or success. Full definition
However traders make money in bear markets by selling short strength at key resistance levels not buying into price zones with a high probability of bouncing.
Bitcoin price is flirting with key resistance on the technical charts and a move in either direction could be on the cards.
Bitcoin price is flirting with key resistance on the technical charts and could either break higher towards $ 17,000 or dip once more below the $ 10,000 mark.
We are seeing key resistance levels broken one after another — a sign that bulls are taking control of the market.
Also take note where we placed our take profit — just below the next key resistance level.
You can also join the Resistance and get promoted to higher ranks, or you can fight alongside key Resistance members from the film.
Prices usually rise afterwards with a breakout of key resistance levels.
After dipping to lows of $ 5.15 in the recent past, EOS price has begun an upside momentum and has already broken above key resistance levels at $ 5.500 and $ 5.800 respectively.
In sum, the price gains signify a strong rally after markets pushed through key resistance at $ 800.
After several days of encouraging price action, the NASDAQ Composite edged back above key resistance of its 20 and 50 - day moving averages, while the benchmark S&P 500 simultaneously marginally rallied to a fresh all - time high.
The USDJPY has been in a short - term uptrend since breaking up through 107.35 — 108.15 key resistance zone which has subsequently flipped to a key support zone.
Bitcoin's price needs to break key resistance points above the $ 2600 range to get velocity moving faster.
In fact, it has tested key resistance of $ 1,375 per ounce, but it hasn't managed to break above that level.
Price action settled out above first key resistance at.7840.
If the market does move higher from this pin bar we see key resistance coming in near 1.5830 — 1.5870 and any moves higher could be contained below that level in the near - term.
Price has now approached key resistance at 1.4340 and formed a small bearish tailed bar just under there on Friday, indicating we may see a rotation lower early this week.
Things started to happen around December 12th when key resistance was broken, and XRP headed towards its previous high back in May of $ 0.40.
Monero popped higher together with BTC today, following an extended period of range - bound price action, although the move is not decisive, with the $ 200 level still ahead as key resistance.
However, price is sitting just below a long term key resistance near 0.8120 so ideally we'd like to see a pullback before looking to get long.
Given the favorable long - term setup, we still expect the rally to resume, with key resistance ahead at $ 10,000 and $ 10,500, and strong support at $ 8400.
Ideally, we were prepared to enter a short position if $ GLD bounced into key resistance of its 50 - day moving average, which would have provided us with a low - risk entry point with a very positive reward - risk ratio.
The inside bar setup in this video formed just below a strong key resistance level, so in a case like this you would wait for the key level to break, instead of just taking a break out of the mother candle or inside bar.
at the present time the long side looks more attractive based on the theory of the ema's diverging, but there is other variables in play here, like the overhead key resistance approaching and the long term down trend still has the weight on this market.
The cryptocurrency segment is in a short - term correction after a great week that saw several key resistance levels fall, as the major coins kept up the bullish momentum and hit new rally highs after a shallow correction.
The recent brief correction was caused by a combination of four factors: Japan's crackdown on small exchanges, Binance hack rumors, SEC's announcement to exchanges, and major cryptocurrencies failing to meet key resistance levels.
Gold surged higher last week, testing key resistance up near 1360 following our April 9th commentary in which we discussed looking to buy this market.
The cryptocurrency's ascent was cut short by key resistance around $ 1,533, shows Bitfinex data.
The price has broken past key resistance levels at the 50 % and 61.8 % Fib retracement levels with the last swing high of $ 7,177 and a low $ 6,450 respectively.
Bull Scenario: A few key resistance points to watch will be the $ 3300 - thru - $ 3500 zones.
Since we are close to testing and / or overcutting key resistance levels right now, it is very important to exercise caution and only take on potential long entries in ETFs and stocks with the most relative strength to the broad market:
As expected the Ten - year successfully ground higher and tested and rejected my upper weekly and key resistance targets at 125 - 02 and 125 - 10.
A month later Moulin, and a number of other key resistance figures were arrested.
Or maybe it's an engulfing pattern that develops at key resistance after an extended rally.
The close above 66.55 key resistance late last week as another sign bulls are very much in control here so traders may want to watch the 1 hour and 4 hour chart for a small pullback in addition to the daily chart for buy signals this week on weakness / pullbacks.
As long as 1.0337 key resistance holds, the price action in the trading range is treated as consolidation of downtrend from 1.1021, and another fall towards 0.9800 is still possible.
However, yesterday there price action across major alt coin rallied with Monero and DASH breaking above key resistance lines.
Since then Bitcoin has bounced and is now trading approximately mid-range between the right shoulder price point of $ 9,359.90, labeled as the key support level, and an $ 11,788 resistance level at the high point of the prior upward price swing coming from the head of the pattern (labeled key resistance level).
On the bullish side, first key resistance for the BTC / USD is located at $ 15800.
There's plenty of room for price to move higher before key resistance comes back in up near 1.2520 area, so we are again looking to buy this week.
A few key resistance points to watch will be the $ 3300 - thru - $ 3500 zones.
Crude oil prices are testing key resistance as Saudi Arabia takes a victory lap ahead of the OPEC meeting and private Forecaster Genscape reports a substantial oil supply drop in Cushing, Okla..
Bitcoin price is flirting with key resistance on the technical charts and could either break higher towards $ 17,000 or dip once more below...
Bitcoin price entered March by flirting with key resistance level on the technical charts and is at a make or break level.
If the S&P manages to clear the 1,420 level, its next key resistance is near 1,440:
However, price is sitting just below a long term key resistance near 0.8120 so ideally we'd like to see a pullback before looking to get long.
The inside bar setup in this video formed just below a strong key resistance level, so in a case like this you would wait for the key level to break, instead of just taking a break out of the mother candle or inside bar.
at the present time the long side looks more attractive based on the theory of the ema's diverging, but there is other variables in play here, like the overhead key resistance approaching and the long term down trend still has the weight on this market.

Phrases with «key resistance»

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