Hi, friends. USDJPY is in down trend. Daily main-balance goes down. We must to use this possibility and open only sell position. The longer consolidation was, the further trend will go. So the main target - 100. But you must remember - if false break out happens and the price will return back into the balance and breaks out level 109.25 you need to close position...
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance. Hi everyone i was doing analysis for EUR/GBP currency pair, now i see somekind of consolidation of this pair, the market is in balance. If the balance is going to be broken, we can have a continuation bearish trend.
Hi, friends. XRP is in the balance now with the range 0.75-0.84. If this balance goes up then a new mid-term uptrend will begin. Intraday you can try to buy on the break out of 0.7830. Also, remember that the XRP is very correlated with bitcoin. Entry point: 0.7830 (aggressive), 0.8400 (conservative, after break out) Stop: 0.7455 Target1: 0.90 Target2: 0.97
Hi, friends. ETH is in main balance with a range levels 570-970. The level 645 is very important for buyers. If the price breaks down this level it will fall to 600 and even to 560 (lower balance level) with a little low update. We see now a low volume and low volatility. In summary, volume analysis indicates that ETH with a high probability continues to...
We saw a false breakdown of the balance and the price returned back into the balance (2722.5) For now we have 2 options for buy position: 1. Aggressive option - we can buy at point buy1 with stop1 2. Conservative option - we can wait for the retest of lower balance level and buy at point buy2 with stop2 The target is the high level of the balance (2753)
Hi, friends. ETH/USD is still in a wide balance with range 565-995. If the price break down and holds below level 775 (middle of the main-balance), with a high probability we will see a fall wave to lower main-balance level (main support zone 565-627). Trade recommendations: Entry point: 777 (Buy limit) Stop: 720 Target1: 905 Target2: 929 Glossary of terms ...
Hi, friends. After a fixing volume ETC/USD shows a correction wave. The price reached level 33.7- it's max volume (@POC) of last mini-balance. To continue the growth, the price must breaks out and holds above 35.5. But, if the price goes down and breaks down level 32, it will be a fall wave to flat level 26. Trade recommendations: Entry point - buy limit 35.6...
Hi, friends. BTC is in up trend on 2H timeframe. Level 11250 (max volume of January 2018) - good resistance level, the price rebounded a couple of times from it. What we see now? Every rebound from the level 11250 is weaker than the previous one and the price is consolidating before the level. All this points indicate to us that the probability of a breakout is...
Hi, friends. ETHUSD is still inside the main balance with the range 565-1000. On intraday charts we have a buy priority, but for mid-term up trend the price needs to break out 1000. Trade recommendation: Entry point: Level 910 (conservative) Level 925 (aggressive) Stop: 899 Target1: 999 Target2: 1050 Target3: 1250 Glossary of terms Point of Control (P O...
Hi, friend. Situation on BitcoinGold is the same as on Bitcoin BTGUSD is in balance now. After fix volumes we have a wide consolidation (balance) with the range 72-133. A new mid-term (or even long-term) uptrend will begin if this balance breaks out. Within the balance we must work from its levels (main resistance and support zones). For now you can trade only...
BTCUSD is still in down trend. A new balance is being formed after yesterday fix volume. But bear pressure is still on the market. The market can make one more fix and the level 5700 (max volume of october 2017) is ideal for this. So don't hurry with long positions. For mid-term reverse we must see up trend phase. For now you can open buy postions only intraday...
Hi, friends. ETH shows signs of weakness. If the price break down and holds below level 775, with a high probability we will see a fall wave to 710 or even lower to 600-625. There is no increase volume at the levels 775-780, so the situation for a possible breakdown for now. But if false break down happens and the price will return back (above 775-780) into the...
Hi, friends. We have an interesting idea on BTG. First of all, the price is near the strong support zone. Second - BTG is in mini-consolidation and the price showed a bull reaction from the lower balance level. Third - a large amount of volume has been accumulated in the narrow price range. It often indicates that we should expect a good movement soon. Fourth -...
GOLD is in the main balance with the range 1307-1362. Last week we saw a false break down of this balance. That often indicates about the movement to the other side of balance. For now you can use 2 strategies: 1. Put buy-stop with the expectation of break out 1325 (aggressive). 2. Wait for a correction wave to the balance level 1307 (conservative). Stop-loss...
Hi, friends. What to expect from Bitcoin Cash? The main thing you must know that BCH is in mini-balance now with a range 1130-1295. For further growth the price needs to break out this mini-balance. If this happens we will see an upward movement to the levels 1510-1550. But if the this mini-balance goes down with a high probability we will see a new fall...
Hi, friends. ETH/USD is in the main balance with the range 775-975. For mid-term up trend this main balance must be goes up (breaks out and hold above 976). On intraday charts we have a bulls signs, but they are not yet strong enough. The price is above the @POC of February - it's a good sign for bulls. Breaks out of 895-900 will be a positive sign for further...
Hi, friends. ETHUSD is in a wide consolidation (balance1) with a range 580-1000. Yesterday the price breaks out level 850. Level 850 - it's very important because it is a high level of balance2 and it is a high level of ascending triangle. So now we have buy priority and we can buy on the retest to this level. But If false break out happens and the price will...
Ripple is the stronger than other coins on the market. The price breakout wide consolidation (balance 1). But there is a large vertical volumes now and we see a bearish price reaction after it. Also, if BTC goes down, XRP goes down too. What to expect now? If the price will return back into the balance1 and break down the level 0.98, it would be a false break out...