Hi everyone! I decided to prepare EBST market analysis for you today. On the price chart, we can see the formation of the good short-term trend. It's important to note that in moments of price rise, trading activity increases in comparison with trading activity in moments of a pullback. At longer time frame price approached the resistance line near the price...
Hi everyone! I suppose many of you have given up on candlestick analysis. You will find many candle patterns by analyzing any diagram but for some reason, they work very rarely. The thing is, candle patterns are important only when they appear in the right position against the market structure , i.e. when they are near support or resistance levels or near the...
Hi guys! Today we have one more article that will help to improve your trading skills. Let's analyze IOTA chart. At the point A, price bounced off and began sideways trend to accumulate force. Coming out of this channel can take a long time. Most people which bought after the bounce will set stop losses at the level of point A. And some of them will set stop...
Hello guys! We continue the discussion on Bitcoin market. Today we will take a closer look at a phase in which this coin is now - bear phase. Here we can apply Elliott wave principle. The main thing you have to know is that this principle describes conception that changes the market. But we can't talk about some factual forecast. Pretty lines I drew show...