After breaking out the H4 level and stopped just above the line. This level was tested several time in history and it is obvious that we can go higher until we pull out all bearish orders. The pice in above the level is a + for long positions, The local sales and putting the price under the line liquidated within next 1-2 hours - another _ for longs. (it seems...
Technically:
H4 big desc. candle, closed below the support line.
No correction above 5%
H1 shows us accumulation in a narrow range
Bearish pattern
There are empty zone below.
Green dash line is an next support.
Nicholas Darvas wrote his book after he understood that when the price follows the trend there should be possibillities to increae your position at local...
Daily:
We have a not clear downtrend, almost empty area below 8.50. Next serious support is 7.40
H4:
Downtrend for 5 days (-23%), accumulation for 13 days with further bearish breakout. At 8.6 - new accumulation.
After false breakout, no high correction, 3rd bar after FB is "stop bar". Next bar in bearish. reached 80% H4 ATR for 3 hours.
It seems that shorts are...
Daily:
Down trend, target price ~5.80 (5.90). The pair is in the channel after descending, no bullish signs from higher TF.
H4:
After fast descending from the 9.00 the price stopped at local support (~7.9). Usually after fast movement the price need some time for the rest, new traders will come in. Everyone see the levels, everyone is putting their stops and...
After a huge down trend, ETHUSDT is accumulating for 25 days in a channel. As we know, trading in channel is quite simple: sell from the top, buy from the bottom. And don't think about future of the pair, unless you see the signlas shows that the pair is going to break borders. (the blue arrow and the red one). To make Breakthrough scenarios active, local...
Technically.
We have an 56 days of accumulation after downtrend. After up edge of the zone breakdown we came back into. Therefore RLCUSDT is nog willing to start a new uptrend. Form the other side, global BTC benchmark in nearly to start new uptrend, but RLCUSDT is looking for downtrend. We expect downtrend for the pair of RLCUSDT, but we would like to wait for a...
