We remain bullish on this market as the overall trend is up and price is trading above
key support levels still.
Not exact matches
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.
Key support levels are
still found near $ 56, around $ 51, and at $ 44.
Although the broad market
still has several
key support levels just below (as of yesterday's close), overall technical market conditions continue to erode.
Key support levels are
still found at just above $ 600, at $ 500, $ 470, and near $ 410.
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.
Initial
support is
still around the current price, while
key levels are now found at $ 575, between $ 480 and $ 500, and near the prior all - time high at $ 400.
We can see a nice inside bar setup formed just after the market broke down below a
key support level, the setup has since come off significantly lower and is
still falling towards the next
support at 1.2625, as of this writing.
Pivot points are
still a
key element of technical analysis to many traders today and many pivot point strategies exist to take advantage of these important horizontal
support and resistance
levels.
Key support levels are
still found at $ 850, $ 740 and at $ 625.
With the rising short - term trendline now broken traders should watch the
support levels found at $ 10,500, $ 10,000 for reversals with the lie - in - the sand zone
still being between $ 9000 and $ 9200, while above the
key resistance zone between $ 11,300 and $ 11,750, the main targets are at $ 13,000 and $ 14,250.
While commercial real estate in
key markets has fully recovered and is now about 30 percent above its pre-crisis valuation peak, single - family home values are
still below the peak and only about three - fourths of the way back to where they should be on a long - term trend
supported by income and affordability
levels, notes Ciganik.