an uptrend trend line and a downtrend trend line. If the forex market is ranging, traders use horizontal lines indicating its support and resistance range. An uptrend trend line has a positive slope.
Drawing trend lines: Trend lines can be used to identify areas of support and resistance. A trend line is a line that is drawn through a series of price points. How to use support and resistance ...
You see, in reality, support and resistance are price zones, not exact numbers. This is clearly visible when switching from a higher timeframe to a lower one: an horizontal line on a weekly chart ...
XRP maintains a $2.435 price level with a $142 billion market cap, surpassing Tether, while trading within established ...
XRP has entered a consolidation phase below $2.50 after reaching a high of $2.780, with technical indicators suggesting ...
For others, trend lines and support and resistance are very useful for picking entry points for a long-term investment or a short position. Finally, others use stock charts in their investing but ...
AIOZ Network (AIOZ) bounced at the $0.75 support area. The AIOZ price follows a descending resistance trend line. Can the price maintain its momentum and ...
FTX will begin repaying creditors their claims on Feb. 18. The FTT price broke out from a resistance trend line. Can FTT ...
Horizontal support and resistance lines are referred to as “static ... Similarly, in a bear market, prices may trend downward in the longer term, resulting in a declining dynamic resistance ...
0.7165 (important support on 4-hour chart), 0.7125 (38.2% Fibonacci retracement), 0.6817 (May 11 low), 0.6700. Resistance levels: 0.7275 (trend line resistance on daily chart), 0.7319 (near term ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results