Technical Analysis: The price is bouncing inside a bearish channel formation to the downside before it posted an inverse head and shoulders which led to a breakout to the upside. A lower correction might be seen to the highlighted zone before a move to the upside in the opposite direction of the main...
Technical Analysis: The price is bouncing inside a bullish flag formation. It has a bias to break to the upside which shows that most probably the pair will continue its main direction to the upside, but before a lower correction might be seen to the highlighted zone. ------------------------------------------------------------------------------------- Trade...
Hey guys, We can see another rising wedge pattern on GBCHF on the 1h timeframe. It also made a breakout to the downside. We could see a possible retest but i feel it is a strong sell area from a technical standpoint.
The honeymoon period of Small Cap sector might be coming to an end now at the PRZ of a Bullish Harmonic AB=CD and Ichimoku Kumo support, 1.60 approx could see a halt in the outperformance of Small Caps over Large Caps that have been on a sideways to downward correction since FEB 2021. However, if it manages to breach further below then the Small Cap party of upper...
No matter how hard you try, how advanced indicators you use, you are always one step behind right? Well, i might have some explanation and a solution for you plebs. Vast majority of the market trades Bitcoin with USDT, but did you know stable coins have been added to crypto space long after crypto pairs? That said stable coins made it 'easier' for plebs like us...
Market Structure: Bullish GBPUSD Is trading in the zone (in the green highlighted box), and I am waiting for a breakout to occur. If it breaks the blue line (1.40080), then I'm waiting for buy pending orders. However, if it breaks the red line (1.36746), then I'm hunting for sell orders. Market Structure is bullish, however, you'll never know what might...
The pair is forming a new trend channel and it is reaching the upper side of it. A down movement is expected. Take your profits, when the price reaches the other side of the channel. Please like and follow, if you find my ideas useful. Thank you for your support Good Luck and Good Trades
looking for a confirmation to BUY on lower timeframes ( 4H-1H )
💡 Trade Idea 📈 USD/CHF | Buy Limit Order @ 0.9240 🎯 Target Profit 0.9372 🛑 Stop Loss 0.9196 ❌ Do not risk more than 1% of your account on each trade 🙂 Good Luck ! Description: The price was in a clear upward movement before posting a correction count in a form of a wedge pattern. We have confluence zone between the daily support and the trendline of...
As you can see in the daily chart, we are currently at the upper band. At a level which we have not seen since February 11. In addition, we have the RSI on the residual currently showing a negative divergence (see black lines). Historically, the combination of overbought/oversold on the Bollinger bands and a negative divergence have led to good entries. In my...
ADA has been on fire this year! ADA has recently broken out of a falling wedge pattern after consolidating for a short period of time vs. BTCUSD. This move will likely signal significant strength in the USD price like the last time this happened on February 18th. If resistance at 0.00003 is broken there isn't much in the way of reaching 0.00042 which is major resistance.
Prices trading near a horizontal level are always my favorite positions to discuss. Here, we can consider two great opportunities with good risk reward. Entering near a horizontal area ALWAYS gives great risk-reward, which is why you'll see me often talking about those. The first and most obvious trade here is a long trade upon the breakout. However, we have...
In this technical analysis I share my current views on LTC/USD. I tried to make the chart as self-explanatory as possible, but feel free to reach out or drop a comment if you have any questions.
In this technical analysis I will show you why this is a good moment to buy bitcoin. All the information can be found on the chart, but here is a small summary: - Breakout through the resistance! A very bullish signal. We can expect this horizontal zone to turn into support later in case any downturn would happen. That's what makes this a relatively safe entry...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.