An Intraday setup to go long RCM has been in an upward rising channel and price has tried to break down the lower boundary. However, the last session showed there are still buyers at this level and the session ended with a bullish engulfing pattern. I am expecting some bullishness in the short term in the new session. This bullishness could be for short term or...
Hello everyone! The bulls are here, yes, but you guys know that I’m out of XTZ and I’ll not buy it any time soon. Some people asked me why I'm not attracted by XTZ the same way as to some other cryptos right now, and the answer is simple. I only wish XTZ hit the trendline and went closer to that red line, or better saying, I wished for a little stronger...
Ok, XRP is behaving properly, it did a bullish engulf above the “triple support” , which is amazing, and now everything is going according to the plans. That bullish engulf was triggered today, but to help with our decisions, I think it is important to keep the hourly chart in mind: Similarly to LTC, there’s a important price zone (in this case, the blue...
As you guys already know, I’m seriously thinking in buying more LTC and I’m still holding a long position since Apr 22, when we bought it for the first time. If you missed this trade, I’ll put the links about it bellow, and follow me to keep updated, here you’ll find daily analyses about cryptos and other assets I’m trading. Technically I could’ve already bought...
Okay, so ETH did a classical bullish sign to us, a bullish engulf near a strong support area, made of 1 - the 21 ema; 2 - the purple trendline; and 3 - near the black line (previous top). Our last trade here was a very good one, we long at that “Harami cross” in the chart all the way to the 61.8% fib retracement, the links about this trade are all bellow. Also, I...
Ok, so the price found a support in the 21 ema and the purple trendline, which is great for the bulls, and now it seems it is doing a bullish engulf, like some other cryptos are doing. Let’s see if this pattern will be triggered tomorrow, if so, it’s a long, the target could be the pink trendline or the 61.8% fib retracement. Let’s look the hourly chart for more...
Hello guys! Now ETH is starting to get interesting again. Its been a few days since ETH entered on the “Sleep Mode”, which is normal after the last bullish move it did. We managed to catch that last move , we were long from U$ 175 to the 61.8% fib retracement, our main target. If you missed, I’ll post the links of my previous analysis below, and remember to ...
Hello Guys, i am looking to take this trade on the long side, based on the DOUBLE BOTTOM, crossing on the 200 SMA on the 4H and also the confirmation of the resistance with some powerful BULLISH ENGULFIN partter.
As another request, I’ll do an analysis of TCEHY today. Well, we can say that Tencent is doing what was expected to do, after it hit the “resistance zone” is now dropping and it seems it find a bottom at the light blue line in the chart, which is the previous top zone. TCEHY is doing some very precise and technical moves here, and now it did a bullish pattern, a...
Affter got this retest to the support we have more confirmation for strong buy! Daily Candle very bulishh and one more time the weekly analysis is very bulish and the price must complete the channel that is possible to make at weekly time frame. Only Canceled if cross the support again
We can see two oposite trend lines that can seems like a triangle. This two lines are being very respected by the price so we can expect the main direction affter break any off them and with the right rejection trigger for the enter. In my point of view may be a long position because we can see a bulish engulfing candlestick pattern and the price got rejection...
always a bullish sign..we also closed with volume above the 4hr chart falling wedge and the 1 day bull flag.
The 3 leaders YTD have been (in order): Utilities, Healthcare, Staples; which happen to be the 3 most defensive sectors, who tend to outperform during a recession... Inside the utilities sector, the Water industry is the leader. CWCO has a beautiful looking chart, setting a strong support after making a double-bottom, which immediately after, made a bullish...
Dear friends , STX has Harmoinic Shark and descending triangle
Risk to Reward 1:2 Bullish Engulfing on D1 Trendline Breakout
Yes, this is an indicator on a testing phase, so yeah a Bullish Bat Pattern has setup, having the bullish engulfing candle and a long shadow cand that seems to lose the momentum I'm in on this counter-trend trade setup. If you can spot it, a bearish shark pattern may form for a trend trading opportunity(short). If you love to receive the levels, check out the link at (3)
GBPAUD LONG Overall TP - 120 Pips I have highlighted three areas on interest where either bullish engulfing candle was formed or morning star doji candle. Price is currently entering low consolidation. I believe we will soon see some bullish movement.