Sentences with phrase «resistance lines of»

It is based on the support lines and resistance lines of an asset, as explained above.

A breakout above the resistance line of 1.0000 would particularly be remarkable, because it is a psychological line.

Therefore, we can wait for a closing above the resistance line of the triangle and initiate the long positions on the following day.

Currently, the resistance line of the triangle is at about $ 378 levels, a level close to today's intraday highs.

The should line up nicely with the previous resistance line of the uptrend channel, so it's likely that we should see plenty of buying pressure underneath.

The RSI in the oversold zone also supports the possibility of a pullback, however, the BCH / USD pair will face selling at the 20 - day EMA, which is right at the resistance line of the descending channel.

$ BTC challenging upper resistance line of parabolic advance.

If price breaks above the lime colored resistance line of the ascending triangle, an exit or take profit is advised.

If it breaks out of the resistance line of the channel, it'll possibly rally to the $ 10.7 levels, where both moving averages converge.

The present correction is likely to find support at the resistance line of the ascending channel.

If the sentiment improves across the sector, we expect the virtual currency to break out of the resistance line of the descending channel.

Not exact matches

Put your butt on the line and take big risks instead of following the path of least resistance and falling into a safety net.

Using long - term trend line will act as a resistance level, the current breakout has an upside target near 19,350, which is near the current value of the trend line.

There is a high probability the Dow will retreat and retest the upper edge of the trading band near 18,300 before a rebound rally moves up to test the trend line as a resistance level.

The second resistance feature is the value of the long - term uptrend line.

The value of this line will now act as a resistance feature.

It's more than just not understanding how technical indicators are used, this very amateurish approach also includes the misplacement of trend lines, support and resistance levels.

That line of thinking suggests resistance isn't a problem for those not actively taking an antibiotic.

«Being on the receiving end of criticism and other forms of resistance makes you realize what's important by forcing you to focus inside, to know where to draw the line, and to determine where your priorities are.

After moving above resistance of a downtrend line that was in place for more than a year, $ KOL developed a tight base off the lows that has been in place for the past six months.

We set a buy stop above resistance of the short - term downtrend line that formed during the pullback, enabling us to buy $ MZOR at $ 45.11 on the second buy entry.

Although it is bearish that SPY now has a plethora of overhead supply and technical resistance levels to contend with, one potential ray of sunshine in the storm clouds is that SPY is coming into major support of a year - long uptrend line.

The pink, horizontal line on the weekly chart below shows the area of resistance that $ LULU may bounce to, which may present you with a low - risk entry point for swing trading on the short side:

The prior lows from the previous trading range (the dashed horizontal line) will also act as a substantial area of resistance.

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.

A rising wedge is a sign that the price of a stock is likely to fall and is identified by the gap between the support and resistance lines closing over time; a falling wedge indicates the opposite, or that a stock's price could rise.

The tip, or peak, is the resistance line; the very beginning of the first upward movement is the support line.

After rallying 30 % off its 2012 low, $ RSX subsequently pulled back and successfully tested new support (prior resistance) of its multi-year downtrend line, and now is forming the right -LSB-...]

Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.

After rallying 30 % off its 2012 low, $ RSX subsequently pulled back and successfully tested new support (prior resistance) of its multi-year downtrend line, and now is forming the right side of this bullish chart pattern.

There was also a break above a key bearish trend line with resistance at $ 0.8750 on the hourly chart of the XRP / USD pair.

There is a tiny connecting bearish trend line forming with resistance at $ 0.8800 on the hourly chart of the XRP / USD pair (data source from Kraken).

Now, $ YCS is back above both its 10 and 40 - week moving averages, as it pops its head above resistance of a 6 - month downtrend line on increasing volume and with a bullish reversal pattern.

Taking an updated look at the long - term monthly chart pattern of DGP, notice that it has also broken out above resistance of its downtrend line that began with to September 2011 high.

On our internal watchlist as a potential short sale if it bounces into new resistance of its prior uptrend line, SPDR Gold Trust ($ GLD) could -LSB-...]

For the past three weeks, New 52 - Week Highs (the blue line) has formed several «higher lows,» and is now poised to breakout above resistance of its prior «swing high.»

«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.

Another reason we would first like to see a minor price retracement from current levels before buying is that the long - term monthly chart interval shows us that $ GLD is actually running into resistance of its downtrend line from its September 2011 high:

Last month, $ EEM convincingly broke down below support of a long - term uptrend line, and is now bouncing into new resistance of that prior support line (which is also converging with resistance of its declining 50 - day moving average).

Drawing horizontal lines at these price levels can help you develop a sense of where the selling pressure overcomes buying pressure, at support, and buying pressure overcomes selling pressure at resistance.

Since peaking in late January, the ETF has been in pullback mode, and is now holding above its 50 - day moving average (teal line), but stuck just below resistance of its 20 - day exponential moving average (beige line).

After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step in due to break of key moving average resistance, as well as a break of the downtrend line from the January high.

IOTA's growth has been one of the fastest and one which has come with seemingly no barriers so far - the currency may even grow to $ 2 - $ 2.2 before it meets with a line of resistance.

On the weekly chart, notice that $ USO broke out above resistance of its downtrend line a few weeks ago.

There was a break above a bearish trend line with resistance at 0.0460 BTC on the 2 - hours chart of the ETH / BTC pair (data feed from Bitfinex).

Key PointsBitcoin cash price gained upside momentum and broke a major resistance at $ 1,500 against the US Dollar.Yesterday's highlighted key connecting bearish trend line with resistance at $ 1,370 was breached on the hourly chart of...

Litecoin hit a low of $ 100.20 on Feb. 2 around support of an uptrend line, prior resistance and just below the 78.6 % Fibonacci retracement of an intermediate - term upswing.

Key HighlightsETH price started an upside move and recovered above the $ 640 resistance against the US Dollar.There is a major bearish trend line forming with resistance at $ 674 on the hourly chart of ETH / USD (data...

Key PointsBitcoin cash price started a recovery and traded above the $ 1,300 level against the US Dollar.There is a key connecting bearish trend line forming with resistance at $ 1,365 on the hourly chart of the...

Technical outlook and chart setups: Silver is testing the resistance - turned - support line of a consolidation around $ 14.25.