Sentences with phrase «key support levels»

Overall, bitcoin and all major cryptocurrencies are trading in a bearish zone and well below key support levels.

Rather, we want to make you aware of key support levels to monitor if recent weakness in small - caps persists in the coming days.

Let's take an objective look at key support levels on a few charts that may help to answer that question.

We remain bullish on this market as the overall trend is up and price is trading above key support levels still.

A break down to the next key support level can be at 6000 $ levels and will be a new all - time low.

Many stops are placed a certain percentage under key support levels or above resistance levels because if broken by too much the trade may be wrong.

Pin Bar Bottom patterns are traded when found at the bottom of a trend and validated by key support levels.

But this time around, we are not seeing the same type of patterns as we did last year, as many more individual stocks have broken down below key support levels.

As long as the broad market avoids heavy distribution and leadership stocks continue holding above key support levels, we expect the current correction to be short lived.

During the decline, NEO broke past key support level at $ 85.00 to find support close to the major support level at $ 80.00.

Experts peg key support levels for Ethereum in the $ 850 neighborhood with resistance levels at about $ 865.

Going up Bitcoin needs to break key support levels at the 10 000 $ and 11 000 $.

With bearish momentum increasing and stocks testing key support levels in recent days, one of the biggest questions on your mind may be whether or not recent price action is merely a normal bull market correction or the very early stages of a new bear market.

Although the broad market still has several key support levels just below (as of yesterday's close), overall technical market conditions continue to erode.

There's a big difference between buying stocks and ETFs in a market that reverses when the majority of leadership stocks are showing tight price action, versus buying stocks in a sudden market reversal when a large number of former leadership stocks have already lost key support levels and / or their bullish technical patterns have broken down.

We still expect the coin to breach the correction low and trade below $ 10,000 before the end of the cycle, with key support levels found at $ 13,000, $ 11,300, $ 10,000, and $ 9000, with stronger levels at $ 8200 and $ 7700.

The downside trend was initiated at $ 8,934, where Bitcoin price broke past key support levels including $ 8,500 and $ 8,350.

Key support levels ahead for the latter index are 1,905, a 3 percent drop from Friday's close, and then 1,820, a violation of which «would alter the longer - term uptrend of the broader market.»

We do not like to spend time trying to predict where the market will go; rather, we show these technical charts simply to give you an idea of where key support levels exist.

We will plot a Fibonacci retracement that extends between the low recorded on the 16th of July ($ 1.825.5) and the high recorded earlier today ($ 3,420.7) to determine key support levels that will be the target reversal points of potential downwards price correction attempts.

While $ UUP broke down below key support levels over the past two weeks, $ FXY conversely broke out above resistance to a new 5 - month high and has formed another «higher high» and «higher low.»

The short - term momentum is now in a neutral territory, and we expect the correction to continue, with key support levels still at $ 25, $ 23, and $ 18, while resistance ahead above $ 30 at $ 32 and $ 40.

Given there was a chance of a reversal after the market hit that first key support level, I pre-determined to trail my stop down to that R1 level and lock in that profit, if the market reached that level.

There are now no key support levels anywhere close to the current price, although there is a key swing low at about $ 7,330 which could be supportive, as well as the psychological level of $ 7,500.

Conversely, there was a downside reaction and bitcoin price tumbled key support levels.

Overall, the market sentiment is bullish for low - cap altcoins, but a few large cap coins such as ethereum, bitcoin cash and ripple are struggling to hold key support levels.

Now that we've seen heavy selling pressure in the broad market for the past two days, let's do an updated review of key support levels on the S&P 500 Index ($ SPX) and Nasdaq Composite ($ COMPQ):

Now that we've seen heavy selling pressure in the broad market for the past two days, let's do an updated review of key support levels on the S&P 500 Index ($ SPX) and Nasdaq Composite ($ COMPQ): Price action was horrible on the S&P 500 on Friday (May 4), as it gapped down, trended steadily lower intraday, -LSB-...]

Key support levels for SPY include the convergence of the 20 and 50 day moving averages ($ 134.00 to $ 134.40), the lower trend channel line near $ 133.20, the June 25th swing low ($ 130.85), the 200 - day MA ($ 130.52) and the June 4th swing low of $ 127.14.

The Nasdaq 100, or NDX, has held above several key support levels, says Maley.

It seems like prices are consolidating above key support levels.

DASH and Monero rally seems to be rallying and should price action close below key support levels, chances of further

Which is particularly relevant when we see similar sentiment echoed right across the Irish financials — they're all close to / have already broken key support levels.

The price of bitcoin fell below two key support levels at $ 400 & $ 378 in January.

Oil tests a key support level.

Gold traded near key support levels.

Commodity currencies were hit hard overnight with the Australian dollar breaking below a key support level at $ 0.8983 to reach a six - month low of $ 0.8951.

The idea is that once these stocks begin cracking below key support levels, institutions have no choice but to start unloading shares, thereby adding to the bearish momentum and making for some violent moves to the downside.

That probe below two key support levels (which shakes out the «weak hands») was followed by yesterday's heavier than average volume rally above the two - day high.

With all of the majors holding up above key support levels, the overall bullish picture is still dominant, and the rally will likely continue in the coming weeks, with the long - term charts still supporting further gains in most cases.

Key support levels are still found at $ 4000, near $ 3800, $ 3500, and $ 3150.

The 2450 - 2550 area remains a key support level for the index after testing and holding the 200 - day moving average.

1: This setup was a large pin bar that formed off a key support level.

Historically, markets often need to test the key support levels a number of times before consolidating — and then moving up to the next, higher level.

This is a sign that new buyers are stepping in again at a key support level, and rallies typically follow.

U.S. stocks closed lower on Thursday, although major indexes came off the day's lows following a breach of key support levels.

Key support levels are found at $ 8200, $ 7700, and near $ 7000 and $ 6700.

Key support levels below $ 4150 are at $ 3800 and $ 3500, while resistance is ahead at $ 4400 and near $ 4650.

Key support levels are found at, $ 400, $ 380, and $ 350.