Sentences with phrase «support zone»
A "support zone" refers to a particular area or level in which a person or thing receives assistance, encouragement, or help. It is a place where individuals can rely on the backing or assistance of others to navigate through challenges or difficult situations. Full definition
Notice, that key support zone aligns with prior pin bar low support, indicating that it is indeed a strong level.
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Therefore, buys from support zones, probably, will not be possible.
It is wise to know use support zones at times (as described above) and use them in conjunction with support / resistance levels.
The trading idea is based on a price reversal from the strong support zone.
However, the price is approaching a major support zone near $ 450.
This steep decline has driven shares down to a major support zone.
Prices then began to reverse back below the central pivot to spend the next six hours between the central pivot and the first support zone.
If this support breaks, the next support zone is between $ 275 and $ 300.
Overall, volatility and correlations between the majors remain relatively low, with most of the coins holding on to the key support zones that stopped last week's correction.
We might see a relief rally from this strong support zone.
The USD 10,000 level is a major support zone and it could act as a pivot level this week.
he price is at a strong support zone formed by the uptrend line from the daily time frame and 2000.00 support level.
If the support breaks at the level of $ 4,400, the coin may go down to a lower support zone of between $ 4,150 and $ 4,250.
The coin had an active and bearish weak amid the broad correction, but it remains well above the key support zone between $ 0.45 and $ 0.48.
However, a major support zone around $ 0.2700 came into the picture and prevented further declines.
On the downside, the short - term support zone at $ 203 appears like it could give in to the bearish pressure in the market.
We remain mildly bullish in the near - term and we could see the market move down to re-test support near 1295.00 — 1306.00 key support zone where we would be watching closely for price action buy signals to get long.
However, an analysis of the Relative Strength Index (RSI) suggests that bitcoin prices dipped below key support zones during the most recent selloff, which could signal the presence of bear market conditions.
The price dropped to a possible support zone formed by the uptrend line and 55.00 support level.
Bitcoin Bitcoin spiked down towards the first main support zone near $ 1875, and it's currently trading above the $ 2000 level again.
The EOS / USD pair has again declined towards the critical support zone of $ 6.5 to $ 7.4.
Below this last, the most important support zone is near $ 8200 - 8000.
Released by the political committee New York City Is Not for Sale, the ad called «Nowhere to Go» criticizes Quinn for supporting the zoning change that allowed the ailing Greenwich Village hospital to be redeveloped into luxury condos.
It is important to have a trading plan for every possibility and, because a hard fork is becoming more and more likely at this point, finding support zones on high time frames is important.
With the traditional aggressive strategy as well as my favorite Forex double top strategy, I prefer to move my stop loss to break even before price returns to the breakout line because the breakout line could be a potential support zone which causes price to reverse and take out your stop loss.
We remain bullish above 60.15 — 58 key support zone as we have been in recent weeks.
Key Points Bitcoin cash price declined this past week and tested the $ 600 support zone against the US Dollar.
In a newsletter published yesterday, Mendez's office wrote, «Council Woman Mendez does not support zoning changes at this time and would like to encourage the Community Board and constituents to testify at the City Council's hearing on the application.»
LTC / USD is down over 3 % on Friday in the last 24 hours as selling pressure continues to drive the price towards the major support zone close to $ 110.
The $ 0.45 - $ 0.48 support zone still holds up in IOTA despite the current leg lower, and the coin is among the relatively stronger majors regarding the short - term picture.
The decline took BTC below a key support zone amid a short - term panic, and although most of the majors were also pushed below key levels, others should promise today, including LTC, Ripple, and the recently battered Ethereum Classic.
IOTA held above the $ 0.35 level as we expected, and it is now trading above the line - in - the send support zone between the $ 0.45 and $ 0.48 levels, confirming the short - term relative strength of the coin.
Ethereum Classic showed some strength near the lower boundary of its crucial support zone around the $ 14 level, but the coin remains well inside its correction pattern.
IOTA held the $ 0.45 - $ 0.48 support zone once again during the weekend, and that level could be the base for the next major move higher.
On the other hand, the price zone of 1.3370 - 1.3400 remains a significant support zone to be watched for valid buy entries if the current bearish momentum persists below the mentioned key level (1.4100) and 1.4000 (a prominent Weekly Support).
BTC violated the line - in - the - sand support zone between $ 9000 and $ 9200 during the latest round of the sell - off, and it remains stuck below that despite the bounce in European trading.
The district is considering supporting a zone of schools to pilot this effort.
71 percent of readers who cast their vote in the latest Small Bites survey support zoning laws that regulate fast food chains» proximity to schools.
The EURUSD is clearly oscillating within a defined trading range between 1.2520 resistance and the key support zone down between 1.2200 — 1.2160.
After the retracement zone failed to resist the market, it flipped and became a powerful support zone.
A failure of that line would lead to the orange trend line at 2627, and if price should break below that level, we would target the violet support zone from 2620 to 2600.
On the back side, however, unlike BTC charts BCH shows some substantial support zones between current prices all the way to $ 1,300.
We recently had a small bounce right out of the fractal support zone and support trendline.
Investors could look for entry points near the main support zones just below $ 2 and $ 1.5, while
Bitcoin got close to testing the $ 9000 - $ 9200 support zone yesterday, but another rally attempt started today in early trading as buyers stepped in yet again.
Key Highlights Price action moving lower after 28.08.2017 highs of 153 Break above 103 will signal trend reversal 60 still remains a significant support TECHNICAL ANALYSIS If anything, 60.00 remains a strong support zone after that break above on 21.08.2017.
In fact in IOTA and NEO alt coins, there is a clear surge from support zones with further price depreciation
he price is at a strong support zone formed by the uptrend line from the daily time frame and 2000.00 support level.
The rising long - term trendline is just above the strong support zone near 2520 while the 2450 level is the first line of defense for bulls here.