Sentences with phrase «strong retracement»

After a strong retracement that commenced in mid-December following the strong run - up of the entire cryptocurrency market which saw Bitcoin hit its all - time high near $ 20,000 on December 17, 2017, the market seems to have finally found its bottom.

After a strong retracement that commenced in mid-December following...

Not exact matches

Many of the Asian markets that had initially declined fully or partially retraced those losses; India's market actually ended stronger than it started the day and Indonesia saw a large retracement.

Price is approaching major resistance at 0.7697 (multiple Fibonacci extensions) and we expect a strong reaction off this level for a drop to at least 0.7634 support (Fibonacci retracement, horizontal pullback support).

Examples of «factors of confluence» include but are not limited to: strong support and resistance levels, Fibonacci 50 % retracement levels, or moving averages.

In the 4 HR chart, not only did prices react at $ 100 but a strong bullish engulfing pattern is right at the 78.6 % Fibonacci retracement level.

Moving averages are usually better in obvious trends; you can watch for smaller retracements to the moving averages (exponential moving average or ema) and then look to join the trend from that ema, ideally on a price action signal, but it's not always necessary, especially in very strong trends.

My question is that sometimes really strong pin bars such as the one on Jan 2nd do not allow for the 50 % retracement of the pin bar before taking off.

The test of the 100 % retracement is important because that resistance line marks a strong shift in market sentiment.

If bitcoin manages to break the 38 % retracement values somehow, there will be strong support around the $ 3400s as the 50 % macro Fibonacci Retracement values (shown in Figure 1) have historic significance and support.If bitcoin is going to see any significant price growth within this rally, it will have to pick up some major buy volume and break through very strong, historic resistaretracement values somehow, there will be strong support around the $ 3400s as the 50 % macro Fibonacci Retracement values (shown in Figure 1) have historic significance and support.If bitcoin is going to see any significant price growth within this rally, it will have to pick up some major buy volume and break through very strong, historic resistaRetracement values (shown in Figure 1) have historic significance and support.If bitcoin is going to see any significant price growth within this rally, it will have to pick up some major buy volume and break through very strong, historic resistance values.

The price shot down, the price shot up — where does this leave us now?Figure 1: BTC - USD, 6 - Hour Candles, GDAX, Macro Bull RunSince the beginning of this bull run from $ 1800, we have established very clear, very strong support and resistance levels along the Fibonacci Retracement set shown above.

The retracement down to such a low value shows that sell pressure is very strong in the current market and hints toward bullish exhaustion within the macro trend.

I wouldn't consider any downward movement during an uptrend to be more than a retracement unless it consists of 3 or 4 strong bearish candlesticks (or perhaps 2 very large candlesticks) or a series of lower highs and lower lows (which occurred after our pattern).

Identify the strongest stocks, then see if either a trend breakout or trend retracement trade is possible with a small percentage of your trading account.

The bearish engulfing candlestick pattern formed on the mid-point (50 % retracement) of the strong bear trend bar which provided resistance.

Shallow retracements often fail, except in the strongest trends.

NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension, horizontal swing low support).

Examples of «factors of confluence» include but are not limited to: strong support and resistance levels, Fibonacci 50 % retracement levels, or moving averages.

Moving averages are usually better in obvious trends; you can watch for smaller retracements to the moving averages (exponential moving average or ema) and then look to join the trend from that ema, ideally on a price action signal, but it's not always necessary, especially in very strong trends.

The retracement on the Daily trend are false breakout to build a stronger buying momentum.

In strong trends, the expectation is that if a pair retraces from its recent high or low price, it will find support or resistance at the 38.2 % Fibonacci retracement level.

Strong, parabolic moves in price, in one direction or another, with little to no retracement, do not make good divergence signals.

The strong rally in the March e-Mini S&P 500 has put this market in a position to test a key retracement area at 1094.50 to 1107.00.

Reflects convergence of Fibonacci retracement and extension levels at point D suggesting stronger level of resistance, thus higher probability for market reversal.

CADJPY is seeing strong support above 86.08 (Fibonacci retracement, Fibonacci extension, horizontal pullback support, bullish ichimoku cloud, ascending support) and a bounce could occur at that level pushing prices up further towards major resistance at 86.71 (Fibonacci extension, horizontal swing high resistance).

We use combination of Elliott wave patterns, Technical indicators, Japanese Candlestick patterns, Price Patterns, Elliott's trend lines, Fibonacci Retracement, Fibonacci Expansion, Strong key support and resistance levels to prepare our Elliott Wave Predictions and Trade Setups.

With the diagonal trendline, 200EMA, and 0.618 fibonacci level showing a strong confluence of support at ~ $ 690, I would expect this to be the return to mean zone should price fall much further to the 50 % retracement level at $ 758.

LSK / USD is now facing strong support at 88.6 % Fibonacci retracement.

There is a weak support at $ 184 for Monero price, however, if it does not hold the 38.2 % Fib retracement level with the last swing high of $ 187.70 and a low of $ 163.18 will offer stronger support.

Prices are currently hovering around the 61.8 percent Fibonacci retracement level of 0.01025 BTC, which acted as a strong support mechanism in May, June and August.

We expect a strong support at the trendline in, which is just below the 78.6 percent retracement level for the DASH / USD pair.