Sentences with phrase «near support and resistance levels»

Not exact matches

The standout feature on the chart is the strong support level near $ 43 and resistance near $ 54.

This is a «rally and retreat» market and we trade it using the ANTSYSS trade method to capture the reversals near each of the support and resistance levels.

The fall below the historical resistance and support level near $ 1,290 is critical.

Now that you are up to speed on key near and intermediate - term support and resistance levels in the broad market, consider setting price alerts on your trading platform so that you can be instantly notified when a key level is violated.

As the long - term picture is now severely oversold, a spike below support and a swift recovery could set up a major bottom in the coin here, with resistance levels at $ 450m $ 500, and near $ 625.

Ripple showed strength during the weekend, breaching the $ 0.20 level and getting close, and getting close to the crucial support / resistance zone near $ 0.22, and the declining long - term trendline that is also at $ 0.22 right now.

Support is found near the 0.0000575 and 0.000048 levels, with primary resistance ahead at 0.000075.

Support is still found at $ 0.16, while resistance is ahead at $ 0.18, around the $ 0.20 level, and near $ 0.22.

NEO hit the support level near $ 13 before the strong rebound, and it recovered above the $ 16.50 support / resistance.

The currency still faces strong resistance near $ 0.26 and $ 0.30, with support levels found at $ 0.2250, near $ 0.20, and at $ 0.18.

Support is still found at $ 300 and $ 285, while resistance levels are ahead between $ 330 and $ 350, and near $ 380.

Short - term traders should still stay away from opening new positions as the test of the $ 18 level might still be ahead in the coming days, with further support at $ 16 and $ 14.50, while strong resistance is ahead near $ 23 and $ 25.

Support is still found near the $ 80 level and around $ 68, while further resistance is ahead at $ 125.

Support levels are found at $ 240, $ 215, and $ 200, while resistance is ahead near $ 260, $ 280, and $ 300.

Since forming a «swing high» resistance level on July 12th (see chart above), $ UUP has been selling off for the past four sessions, and is now closing in on near - term support of its 20 - day exponential moving average (EMA).

The best pin bar setups occur near confluent levels of previous price action as the market moves in one direction and then regresses back to re-test a previous support or resistance level.

The currency faces resistance near the $ 330 and $ 360 levels, and above that above $ 400 with support below at $ 265.

Since that time, both QQQ and SPY have continued to find resistance near the upper level resistance of their respective ascending trend channels, and support near the bottom of their trend channel.

As evidenced by the daily charts of QQQ and SPY above, both of these ETFs, and by extension the broad market, have a considerable number of both near - term support and resistance levels.

Support levels are found near $ 50 and $ 40 with further resistance at $ 100.

Further strong resistance levels are ahead near $ 240 and $ 280, while key support is found at $ 175 and $ 150.

Litecoin, Monero, Dash, are all trading near important support / resistance levels after their huge gains, and all three coins look prone to correct more.

Short - term support is now found near $ 650, with a stronger level at $ 625, while resistance is ahead near $ 740 and $ 780.

Above $ 56, further resistance is found near the $ 64 level, while support is around $ 51 and $ 44.

This type of decline is bearish, as those who are long are now trapped, and will likely look to sell their shares if prices retrace back to former support now resistance near the 128 level.

I suggest you check the average true range of the pair or market you are trading and make sure your stop loss is at least outside of that as well as beyond any near - term or nearby key support or resistance levels.

You notice that GBP / USD is also trading near a significant support level and both the USD / CHF and USD / JPY are trading near key resistance levels.

We can look for price action signals forming near levels of support and resistance that develop as a result of the natural ebb and flow of a trending market.

What I have done here is simply drawn in the obvious key support and resistance levels and then highlighted the valid price action trade setups that formed near these levels.

Sideways trends can be found inside support and resistance levels that are near each other.

Once the fundamental picture is clear, we then need to focus on the technical analysis and in particular the support and resistance levels that are near the current price.

Using candlestick charts and proprietary tools, The Technical Indicator establishes near - term market bias and identifies patterns, trends, support and resistance levels, moving averages, attractive entry and exit points, buying opportunities and more.

Support is found near the current price level, with further resistance ahead around $ 450, $ 500, and $ 625.

If ETH / USD breaks above this level, it will encounter more resistance at $ 494; a previous support and near the 50 % Fib retracement level.

Support levels are still found at $ 780, $ 740, $ 625 and $ 575, while resistance is ahead near $ 910 and $ 1000.