Sentences with phrase «term support zone»

On the downside, the short - term support zone at $ 203 appears like it could give in to the bearish pressure in the market.
Bitcoin is trading near the lower boundary of the key is back in the key long - term support zone between $ 6750 and $ 7000, as it failed to get back above the $ 7000 level, despite recovering from the spikes below support.
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.

Not exact matches

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.
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.
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.
Ethereum is testing the support zone around the $ 400 level after today's break - down, and the coin remains the weakest major from a short - term perspective.
Short - term resistance is still ahead near $ 8400 with a stronger zone found between $ 9000 and $ 9200, while primary support below the recent swing low is between $ 6750 and $ 7000.
Ripple showed strength during the weekend, breaching the $ 0.20 level and getting close, and getting close to the crucial support / resistance zone near $ 0.22, and the declining long - term trendline that is also at $ 0.22 right now.
IOTA failed to find support amid the selling pressure so far, and until a recovery above the $ 0.45 - $ 0.48 zone, the short - term picture remains bearish, despite the encouraging long - term setup.
The support zone between $ 2450 and $ 2475 continued to hold the currency yesterday, and we expect BTC to remain within the two major zones today as volatility will likely decline further before the next major move, with the rising long - term trendline also providing support in the area.
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.
Short - term traders should still wait with openinng new positions, at least until a break above $ 12.50, with the crucial zone around $ 13.50 still ahead as an obstacle, and support levels found at $ 11 and $ 9.
Following Bitcoin's massive move last week, short - term support now sits at $ 530 and $ 520 with the $ 500 area now a key zone to watch.
That said, the currency found support above the February lows, and although the declining trend is still intact long - term investors could accumulate the coin here, with resistance ahead at $ 140, $ 150 and in the key $ 170 - $ 180 zone.
The American Recovery and Reinvestment Act of 2009 (ARRA) created the RZFB program in order to support private business development projects and trade activity in designated economically distressed areas termed «Recovery Zones
For now, the debate on whether to support Buhari or not rages, even when the President has yet to openly declare his second term ambition and the main opposition party, the PDP, continues in its rebranding process and a determined search for an acceptable presidential candidate from the incumbent President's zone.
Goldilocks zone A term that astronomers use for a region out from a star where conditions there might allow a planet to support life as we know it.
As the search continues for Earth - size planets orbiting at just the right distance from their star, a region termed the habitable zone, the number of potentially life - supporting planets grows.
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There is short - term support just below near 1.3990 and there is a zone of value / support at 1.3990 — 1.3750 that we can look for price action buy signals within to get long and target recent highs near 143.40 resistance.
Hi colibritrader, Helpful reply thanks, I did take and study your course and my post relates to your mention of «pivot areas» but I realise it's another term for support or resistance areas / zones.
Their charts looked a bit vulnerable in the short term despite the support and moves higher Friday, with the IWM the weakest and the SPY and QQQ in consolidation zones.
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.
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.
Just the right balance of enthusiastic support; pragmatic advice about very real issues like zoning, codes and how to construct a safe and sound house; and a wellspring of experience and expertise, all very helpful for planning, building and living long - term in a tiny house.
The information gained through this research about the implementation of the technology package at a production community scale and the longer term performance data from the community of houses will support widespread deployment of this package in new housing across the hot - humid climate zone.
Following Bitcoin's massive move last week, short - term support now sits at $ 530 and $ 520 with the $ 500 area now a key zone to watch.
With that in mind, traders should wait for a short - term trend change before entering new positions, while investors could be looking for early entry points near the key support zones between $ 600 and $ 650 and $ 500.
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.
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