Let’s play the game. It’s very interesting and it can give us a better understanding how the crypto market will move in the future.
So, first of all imagine, we are Manipulators. We work as a team. Against us there is a team of Retail Traders.
We all want to make tons of money! We all need to buy as many Bitcoins as possible at the bottom and...
All You Need to Know About Bullish Trend in Crypto Market The crypto market stays under the bearish pressure and many traders try to predict the reversal.
When a Bullrun?
It’s a question which we would like to have a clear answer with exact date and price point.
In this post, we try to make it clear and try to «predict» when we may see the beginning of a...
It's probably one of the most important questions right away.
A lot of crypto traders and investors what to know a day, week, or month when a new bullish cycle will be started.
They would like to know where is the bottom, just in order to buy Bitcoin and altcoins at the right prices.
I have some ideas which may help you to get answers on the important...
The price bounced from $1700 resistance. RSI confirmed the price reversal. MACD histogram supports the further downward movement.
But we don’t see strong sellers, and there are no active buyers too. The market is consolidating below the resistance and it gives us an opportunity to plan future trades.
A breakout above the resistance will create...
There are buyers (bulls) and sellers (bears) in any market and their goal is to make profit. It is obvious. The difference between them is in a direction of trading. Buyers are interested in upward and sellers in downward movements. If buyers are stronger than sellers, the price moves upward. If sellers are stronger than buyers, the price moves downward. It is...
The market is in the bearish trend. The price bounced from 50MA and it is a bearish signal in the direction of the main trend.
$21850, 20MA and 50MA as resistance
$20 000, the counter trend line, $17567 as support.
The market is under the bearish pressure. It makes sense to search for trade...
I have made thousands mistakes since I started trading 15 years ago. And I continue making mistakes from time to time.
Why do I say about it?
Because you have to know about the true value of mistakes in trading.
Mistakes gave me tons of priceless experience. They helped my to boost my trading level from newbie to professional. They helped me to understand who...
The price bounced from the strong resistance area. RSI and MACD confirmed the reversal. Bulls failed with their plan to push the price to $24 000 - 26 000. At least for now they are not so strong to do it.
We don’t have the bullish pressure. And it makes sense to consider a new attempt to move below $17 622, which is acting as support. If bears succeed, the...
The market is in the bearish trend. We can see the consolidation around $20 000.
For bulls, it is 20MA and $21 888 resistance.
For bears, it is $17 622 support.
The price has been moving around $20 000 round number level. The prise action around it may give possible trade opportunities for day...
We are in the bearish trend, consolidation about the support.
$6.15 is the key support right now for bears. MAs with 20 and 50 periods are key resistance lines for bulls.
If the price moves below $6.15 support, it is a bearish signal in the direction of the main trend. The main target for bears will...
The market is bearish. We have the downtrend and a correction movement to MAs and the major resistance area.
The nearest resistance is 20MA where we should be ready to see a reversal in the direction of the main trend. If the price moves higher, the resistance area around $250 will be able to stop the bulls.
The price is moving back to the key support. The price action between $1000 and $800 will be able to provide us trade opportunities and show a direction for the further market movement!
I’m going to surprise you, but we have 2 possible models!
The price reverses from the support and gives us trade opportunities for buying through bullish setups...
The price stayed above $20 000 during the weekend and we can consider it as a bullish sign. RSI and MACD support the bullish sentiment and the further market movement will depend on the Stock market and the main Indices.
I would consider 2 models, as usual.
We need to keep the price above $20 000. Any reversal and false breakout signals...
I want to share with you the truth about trading, which «gurus» prefer to keep in a secret.
Guys, do you know that nobody knows how the market will move and where the price reverse?
Okay, if you need more details, please read my arguments.
1. Every market is a very complicated «system». There are many different traders, investors, trading bots...
In this post I wrote about the true bottom around $1000. But I was wrong thinking like that. It looks like the true bottom will be below $1000.
If we look at the daily chart, we will see a possible bullish setup.
The bears couldn’t push the price below the key support. The bullish candle tells us about a reversal. RSI and MACD histogram confirm it.
What a wonderful dump!
The market gives one more time the priceless knowledge and experience to everyone. But not everyone is ready to use this stuff properly. For some traders, investors, crypto enthusiasts their dreams and wishes are more important than the reality. I read so many times about «We move to the Moon», «Bitcoin at $100 000», «Bitcoin will never...
In spite of the bullish divergence, which gives a trend reversal signal, we have more than enough reasons to see the continuation of the bearish trend.
Let’s look at the daily chart. We see a new attempt to update the local swing low by moving below the support area. If the bears succeed, it will give a strong bearish signal with the 1st target around $1450. I...
What do we have in the daily chart?
1. The price sticked to the support area between $28 000 - 30 000. We can see the consolidation BEFORE a new movement.
2. RSI and MACD show us the market potential to move upward. And it makes sense as the previous dump should be corrected.
3. The price reversal from the support and a false breakout below will provide the...