According our analysis with market structure appearances it may complete those three touches.
In this idea I will explain what a bear flag is and how this information can help us position ourselves for a nice short trade on EOS. A Bear Flag is a bearish continuation pattern. It is formed when after a strong drop, an ascending channel is formed where the price bounces back and forth. The bullish version creates a view that looks similar to a flag and a...
All info can be found on the chart. DMs are open!
All the information for this trade can be found on the chart. My DMs are open! Feel free to reach out if you have a question.
All information can be found on the chart. Feel free to DM me if you have any questions.
All info can be found on the chart! DMs are open.
In this idea I will explain the recent price action of BTC and show you how to prepare for its next move. Currently we are witnessing a bearish retest on the S/R flip. Support and Resistance levels can usually be re-used after the price broke through. A level that used to be support, and turn into a level that can be resistance. More so than historical price...
We get the opportunity here to short trade XRP/USD and monetize the situation that it will retrace first, before getting ready to break through the resistance. I know that this isn't a 350%+ trade, so the moonbois will be disappointed in me when they read this. I made this idea for the true traders, who know that a few % per day will get them the financial...
XRP is clearly bullish over the last week. The uptrend is likely to continue as all cryptocoins are rising and rising. However, the difficult part is always to determine a great entry position as in this case of a short you wouldn't want to buy too low. I will continue this idea, after an incredibly successful trade last time: We can keep using the parallel...
Day traders pay attention! This is a really nice scalp opportunity. People who only care about fundamental analysis shouldn't read this. Purely based on TA we can find a nice opportunity here for a short position. The price has closed in on the important $240 level, where we have seen historical strong resistance. Important to notice is that this is not just a...
Hi everyone, for this trade on BTC/USD we will look at this parallel ascending channel. BTC/USD has been moving beautifully along this channel with a very bullish momentum. The bears have been left behind at around $8,800. The momentum has been very consistent and upwards, creating much FOMO beyond doubt. The price is at a small resistance now, and if it...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. On AUD/USD here we can see a nice ascending triangle. This is a bullish pattern, where we expect the price to break through the upper resistance line eventually. Every time the price has hit this area the price has bounced back, but each time slightly less. This means two things: 1)...
In this idea I will explain how to trade gold, now that we have information directly after the market has opened. Now that the gold market is open again, we can immediately see the bearish trend of the gold price. The price went down about 1% and reached $1720 within only a few hours. This is an indication to me that the recent uptrend of gold will be over for...
All info and explanations can be found on the chart. I literally do all of this for free, a thumbs up would be really appreciated if you like my work.
In this idea I will explain the current price action on BTC /USD and go into depth on how we can identify a 'Bear Flag'. Finally, I will explain how to trade this pattern. Continue reading to learn more about this! ---- Hi everyone! I'm back with another analysis here on BTC /USD. I haven't been posting actively on Tradingview for the last few weeks as I was...
There is a lot of news around Steem recently. Binance expressed clear concerns around their blacklisting procedure and doesn't even want to support their latest upgrade. All of this has been translated into massive price action, crazy volatility, and large volume spikes. All-in-all: happy times for trades like us! We do see some interesting patterns within all...
As you can see from the chart, MFI in the daily timeframe has a huge divergence. I think the bearish movement is over, we shall see 1.10 soon as bears are losing their selling power.
We see a very interesting support zone on the daily here on XRP/BTC. This zone has been important already 4 times before in the last year. Now, XRP has seem some negative news lately and broke through this incredibly important support level. Through an S/R Flip we can trade this symbol with a short set-up. The previous support might turn into a new resistance,...