Sentences with phrase «resistance zone»

A $ 55 level hit was a strong impulse that drew a potential resistance zone of $ 65.

Dash is following the broader market higher today, probably headed for a test of the primary resistance zone near $ 360.

Or maybe you are seeing some major support or resistance zones in a stocks price.

You can draw trend lines and horizontal lines to mark out support / resistance zones with any charting platform.

Support below $ 1.5 is at $ 1.2, while the next major resistance zone is near the $ 2.2 level.

Bitcoin price tested the critical resistance zone at $ 11,000 only to meet fresh selling interest there.

Like resistance zones, a support zone may act as a barrier to new lows until enough momentum pushes the stock through the zone.

What we are looking for specifically would be a strong breakdown below the current resistance zone before we enter our short order.

If prices reach that aforementioned resistance zone, we would be looking for sell signals.

When price does break through a resistance level to higher levels the old resistance zone turns into a supporting price zone.

A basic trading plan for a large market event includes basic support and resistance zones of any given trend.

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.

We still expect a rally above the key resistance zone near $ 0.22 level soon as the effects of the broad correction wane.

A well defined bearish pin bar has formed showing clear rejection of the very strong resistance zone between 0.7050 - 0.7100.

The crypto seemed likely to retest the critical resistance zone around $ 7,200 but the buyers lacked enough momentum to protect the price gains above $ 7,000.

BTC finally broke out of its narrow trading range today in European trading, clearing the $ 7000 level and rallying up to the crucial resistance zone near the $ 7650 level.

A breakout would confirm a new rising short - term trend, with the next major resistance zone ahead between $ 9000 and $ 9200.

Stocks are slightly lower after the open, with the S&P 500 drifting back to the key support / resistance zone below 2700 that is the mid-point of the consolidation pattern that developed after the February mini-crash.

But whereas the constructive information circulation justifies the uptick in LTC, worth chart evaluation signifies the cryptocurrency is nearing stiff resistance zone of $ 230 - $ 240.

As Bitcoin and Ethereum chopped around without a clear direction, EOS has been in the center of attention yet again, as the coin pulled back to the $ 16 price level before bouncing off the previous resistance zone in the area.

The second largest coin still faces string resistance zones and the broader declining trendline but the rally of the make - or - break levels is encouraging.

Further resistance zones are ahead near $ 375, $ 400, and $ 435, while support is found at $ 315 and $ 300.

As ETH has been the most prominent leader of the late - April rally the move could kick - start the next leg higher in the segment, should the second largest coin hold on to its gains and successfully tackle the strong resistance zone just ahead in the $ 735 - $ 780 area.

It looks like nothing more than a retest of the 2015 all - time high resistance zone and a bounce.

As you can see, the red zone is a huge resistance zone around 0.00066 where bears usually push PIVX prices down.

(You can still observe it for flip trades as the support switches into a potential resistance zone.)

The USDJPY has been in a short - term uptrend since breaking up through 107.35 — 108.15 key resistance zone which has subsequently flipped to a key support zone.

Brent «s even closer to its key medium term resistance zone of about $ 125.50 - 127...

In March, the European Islamic Investment Bank (EIIB: LN)(which I last wrote about here) share price looked ready to challenge the GBP 3.9 - 4.25 p resistance zone.

This level also corresponded to a key technical resistance zone around EUR 6.10 - 20.

KWG share price EUR 5.20 - 5.25 resistance zone looks broken.

There is a minor resistance zone between $ 329 (61.8 percent Fibonacci retracement level) and $ 344.

BTC / USD has reached the critical resistance zone created by the long - term downside trendline that now comes at $ 10,900 and closely followed by psychological $ 11,000.

The coin has recovered from the intraday low reached at $ 845.76, though the upside momentum is not strong enough to take it above the said resistance zone.

From here on, if Bitcoin prices fail to sustain above the overhead resistance zone of $ 7900, the cryptocurrency can easily fall to the February 06 lows of $ 6,075.04.

Marking out support and resistance zones with anchor bars is a superb trading method.

Bitcoin bounced lower off the crucial resistance zone near the $ 4400 level after the relentless rally of the recent days, and the coin fell as low as $ 4200.

After rising for two straight weeks, the USD / JPY has reached a key resistance zone in the 107.30 - 108.05 range.

With all of the majors on buy signals in our trend model, we expect the rally to continue even as strong resistance zones are ahead and the road will likely be bumpy after the steep and lengthy downswing.

ETC broke - out of its short - term correction yesterday, staying ahead of the rest of the market in this cycle, and it rallied up to the next major resistance zone near $ 43, with only the all - time high remaining ahead as an obstacle before a new record high.

Currently, LTC is trading at $ 205 on GDAX, having witnessed the bull exhaustion near the stiff resistance zone of $ 230 - $ 240 earlier this week.

However, BTC / USD may face a strong selling interest near USD 11,000 since it is a major resistance zone.

The coin remains on a short - term buy signal with support found at $ 1.9, $ 1.7, and $ 1.5, and resistance zones ahead near $ 2.35, $ 2.6, and $ 3.

Further, it still remains below resistance zone of 53.00 - 55.00 (former support).

We expect a large range move to the upside that will propel the BCH / USD pair above the critical resistance zone, which has a confluence of resistance from the 20 - day EMA, the downtrend line and the resistance line of the descending channel.

That said, the broader declining trend is still intact with the coin trading in a strong resistance zone between $ 555 and $ 575.

After an impressive rally over the last month, the USDJPY has now run into a key resistance zone between 110.00 — 110.25 area that may cause price to rotate lower.

Armed with this information, traders may identify support and resistance zones, which may be potential entry and exit points.

Bollinger Bands ® are a Simple Moving Average with standard deviations of that moving average acting as the outer «bands,» or short - term support and resistance zones.

If the lower band is breached, a trader may exit a long position with the understanding that the short - term support zone is broken and will then become a resistance zone.