Sentences with phrase «resistance lines seen»

The bears have gained downside technical momentum and are on the verge of producing a bearish downside «breakout» from the sideways and choppy trading range as depicted by the support and resistance lines seen on the chart.

Not exact matches

FxWirePro: BTC / USD faces strong trend line resistance at 9451, break below 20 - DMA to see further downside

FxWirePro: BTC / USD fails to break above trend line resistance, break below 20 - DMA to see further downside

Technicals: Price action has nudged out above first key resistance at 1339.6 - 1340.2, we must now see... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

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:

Zooming into the shorter - term daily chart of $ USO, we see that the ETF broke out above resistance of its short - term downtrend line (from the April 2 high) just two days ago and is holding the breakout:

A bounce from current levels could easily see resistance around the convergence of the two lines at approximately 7,272 to 7,289.

Regardless, when the market does see it's next reversal, ETFs that are rallying into resistance of long term downtrend lines and down - sloping 200 - day MAs will generally provide the best shorting opportunities.

As you can see, on a short - term basis there is an obvious «line in the sand / resistance» level at $ 5.66 a share.

This is also seen at the key resistance of the range, note how the line through 1.3140 is not touching the exact highs on September 14th and 17th at 1.3171... this brings up the point that sometimes support or resistance is more of a «zone» than a strict / exact level.

What we see is that a long - term down trending trend line, as well as a key «once support / then resistance» level ($ 5.27 a share) have both been pierced to the upside.

Over the past five sessions, First Trust Health Care AlphaDEX ETF ($ FXH) has rallied into resistance near its previous swing high of $ 31.45 (see dashed horizontal line on chart below).

The decline also caused an ugly, wide - ranged bar to form on the weekly chart, which should now act as overhead resistance (see horizontal line on the chart below).

Starting with the weekly chart, you will see that $ EWH is testing resistance of a downtrend line that has been in place since early 2011.

You will also sometimes have existing support or resistance levels that basically run right through the center of a value area, showing about the middle of the value area, and we can see this clearly by the blue line in the chart below.

Litecoin try to break above the previous uptrend line that we now see as resistance.

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.

Currently we have a buy signal but we shall remain on the sidelines until we see a push and break above that minor resistance trend line at $ 150.

The line hasn't met any resistance all week, so I will be curious to see whether the line eventually hits 7.

This weekend sees the start of the German Bundesliga and the English Premier League and although there has been little movement in the Premiership futures market, the «Bayern to Win» line got hammered down to 1.54 by mostly public money before it received any resistance.

The scientists also generated a panel of (reconstructed) ancestral and existing TRIM5 genes (19 total), expressed them in cultured cell lines, and exposed the cells to 16 different retroviruses (lentiviruses and others) to see which TRIM5 versions conferred resistance to which viruses.

To see how alcohol affects resistance to infection, Gyongyi Szabo of the University of Massachusetts Medical School in Worcester and colleagues exposed monocytes — white blood cells involved in the front - line defence against infection — to chemicals that mimic viruses and bacteria.

A single case of resistance has been seen in a patient in Denmark — if more cases emerge and spread, we will lose our first line of defence against the virus

As you can see from the chart above, the zero line often acts as an area of support and resistance for the indicator.

In the image above, you can see a nice bearish engulfing pattern that occurred right at the resistance line.

In most cases, you want to see a signal form either in - line with a trend or from a key level of support or resistance if it's against the trend or range - bound.

Often, you will see a key chart level of support or resistance lining up with a 50 % retrace level of a major move, this is a very confluent level when this happens and if you get a well - defined price action trade signal there it's almost a «no - brainer» trade, meaning you should probably take it and not think too hard.

See the support and resistance lines on the chart.

You will also sometimes have existing support or resistance levels that basically run right through the center of a value area, showing about the middle of the value area, and we can see this clearly by the blue line in the chart below.

One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.

You look back a little bit and you see that the 1.0510 price was good resistance level in the past and it just happens to line up with the 50.0 % Fibonacci retracement level.

However, as a general rule, support and resistance lines and trend lines are good starting points for analyzing technical setups and I wrote about one such setup last week with Chris Vermeulen giving us an example in this chart of what he saw headed into the week of the 14th (chart courtesy of The Gold and Oil Guy):

You can draw a line from Rey seeking out Luke for training to Luke seeing out Yoda, or between the Resistance clashing with a bloodied but by no means beaten First Order in the same way that the Empire came back as a resurgent force against the Rebels.

Resistance to the upside is seen at the above trend line that forms the mentioned pattern, tracking at $ 1,025.

Technically, BCH / USD has formed a bearish pennant pattern observed on the daily time frame, support of the lower trend line currently tracking around $ 625, where the upper resistance is seen at $ 680.

The pressure seen for Bitcoin Cash to the downside, is pushing the crypto back towards an initially descending trend line, that had been acting as resistance since December 2017.

Resistance is currently tracking at the upper trend line, seen around $ 220, with support now proving to hold at $ 200.

Looking back at bitcoin's parabolic curve, we can see notable lines of support and resistance throughout its market cycle.

On the S7 line, Samsung has brought back the microSD card slot and water resistance last seen on the Galaxy S5.