Sentences with phrase «uptrend above»

Bitcoin price is in a super uptrend above $ 7850 against the US Dollar.

The price action has built a basing pattern that could support an uptrend above $ 8.00.

Not exact matches

It is critical that the price remain above the trend line for the uptrend to continue.

In August of 2015, the Dow moved below the uptrend line and then in February 2017 it again moved above the trend line.

Investors now have proof that the gold price can stay above $ 1,200, which signals a new, sustainable uptrend that will be confirmed by increased separation in the long term GMMA as investors become more determined buyers.

In 2015 August the Dow moved below the uptrend line and then in 2017 February it again moved above the trend line.

As you can see on the chart below, $ SPY is currently trading well above the dominant uptrend line of the current rally:

The stock built a 3 - month basing pattern above that price level and took off in a new uptrend that hit a 17 - month high at $ 6.96 on October 10.

Further, the 10 - week moving average is well above the 40 - week moving average, and both indicators are in a clear uptrend.

Additionally, unlike the S&P 500, the Nasdaq Composite is still holding above its long - term uptrend line, which coincides with the March 6th low of the 2,900 area.

When the major averages subsequently get back above their 20 - day exponential moving averages and hold, we can then get excited about new long setups because the potential for a new uptrend (or resumption of the previous uptrend) increases.

For the sake of brevity, we will skip analysis of the Dow Jones SPDR ETF ($ DIA) because both its daily and weekly chart patterns are quite similar to SPY above (broke down firmly below its 50 - day moving average yesterday, and is also coming into support of its year - long uptrend line).

Considering the NASDAQ has recently broken a 17 - month uptrend line and its 10 - week moving average (blue line above) is rolling over, negative price momentum is certainly building.

In uptrending markets, the Morpheus trading system focuses on buying stocks as they break out above bases of consolidation near the highs.

The weekly chart below shows the long - term uptrend in TMF, while the daily chart that follows shows the potential breakout above the intermediate - term downtrend line.

Since selling off to «undercut» support of its 50 - day moving average two weeks ago, the inversely correlated ProShares UltraShort Euro ($ EUO) has been trading in a tightening, sideways range, holding above support of its primary uptrend line and 50 - day moving average.

The rally over the past week was a breakout above a valid base of consolidation, which could set into motion a new intermediate - term uptrend for this ETF.

Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.

Therefore, if TMF manages to breakout above its 50 - day MA, it will have broken out above the downtrend line shown on the second chart, which should enable it to resume its dominant uptrend shown on the first chart.

We would now look for a strong break above $ 12,000 to assume the uptrend has resumed.

As $ P began climbing higher, our plan was to hold the swing trade as long as the price held above the steep uptrend line that formed on the hourly chart (similar to the way we recently trailed a stop to maximize gains on our swing trade of $ SMH).

In Figure 3 the price has been moving in an uptrend, as indicated by the price remaining well above the 200 - day moving average, but on a couple occasions it drops below the 50 - day moving average.

This signal occurs when the 50 - day moving average crosses above the 200 - day moving average, confirming an uptrend.

Although $ XOP pulled back after bumping into resistance of its 2008 high, the ETF firmly remains in an uptrend, above support of its rising 10 - month moving average.

Looking at the current price action, there are chances of a short - term consolidation above $ 0.2700 before the price resumes its uptrend.

Unlike the S&P 500, the NASDAQ is already trading below its 10 - month moving average, but the index is still trading above its long - term uptrend line:

The market moved above the main uptrend line from the daily time frame.

Because of the clearly defined short - term downtrend line off the highs of the dominant uptrend, we notified subscribers of The Wagner Daily that we would be entering IYR on a breakout above that downtrend line, which occurred on March 12:

After a quarter - long consolidation, West Texas Intermediate crude oil prices broke above a key technical level of $ 66 per barrel in early April, the highest level since 2014, offering an indication the current uptrend remains intact.

As annotated on the chart above, $ UNG is holding support of a steep uptrend line (black dotted line), while the 10 - week MA (teal line) is beginning to pull away from the 40 - week MA (orange line) after the bullish crossover a few weeks ago.

The British pound ultimately, there is an uptrend line just above there as well, which should offer a significant amount of resistance.

I believe that if we could break above the uptrend line, then the market will continue the uptrend that we have been in for some time now.

In order to still consider GLD in an uptrend it will need to close January above its 10 month moving average and above the bottom of the long - term channel.

While the steep uptrend is now broken and more sideways price action is possible short - term, a rally above $ 4400 is still very likely in the coming week.

The trading idea is based on a breakout above the local swing high and continuation of the main uptrend.

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

The recently established «lower high» and «lower low» (shown above), combined with the break of key moving average support, tells us the longer - term uptrend in $ UUP may be over.

The stock broke out above the 2008 high at $ 42.90 in 2010 and entered a powerful uptrend, underpinned by strong U.S. growth.

For getting an additional signal confirming the continuation of the uptrend, we should wait for a breakout above the previous swing high and 300.00 resistance level.

A standard tool of many technical analysts is to look for breakouts above or below a defined trading range to signal when a new uptrend or downtrend may be starting.

Not only it has reached the resistance but it broke above it, suggesting continuation of the uptrend.

The coin is still in a clear uptrend, it remains above the prior declining patterns.

The example above shows an uptrend with a small retracement in price that occurs before our candlestick signal.

The price action setup in this video resulted as an uptrend ran out of steam once it ran into the above mentioned resistance near 1.3060.

When the price moves above the moving average line or «crosses over», that signals an uptrend.

In order to still consider GLD in an uptrend it will need to close January above its 10 month moving average and above the bottom of the long - term channel.

As shown in the chart above, many traders watch for short - term averages to cross above longer - term averages to signal the beginning of an uptrend.

Therefore, based on this definition, trend followers only buy when the price is above the Moving Averages in an uptrend and only sell when the price drops below the moving averages in a downtrend.

If the price stands above the moving averages, we have an uptrend.

The arrows in the chart above each mark a price action setup that I teach, if you had been trading this uptrend in gold last year you would have obviously been much better off just trading the price action rather than trying to over-analyze and over-complicate everything with a bunch of messy indicators all over your charts.