The price boucnes from a strong support zone formed by the uptrend line, the kumo and 300.00 support level. RSI confirms price reversal. DMI shows trend market conditions and allows trading. Pending orders for buy should be placed above Kijun Line of Ichimoku indicator. It's 315.00 level. Stop orders must be placed below the support zone at 286.00 level. Profit...
The market dropped below the kumo and gave sell opportunity. Based on the 4H chart we can see a short term consolidation and we can trade based on a breakout signal. ADX line of DMI indicator rises and confirms strong price movement. We have to place pending orders for sell at 1.25500 level with stop orders above 1.26300 level. Profit target should be at 1.24300...
The price passed through the kumo and it gave us confirmation of a new uptrend. From that moment, we have to open only long trades. The price bounces from the uptrend line and the kumo. DMI confirms a strong uptrend movement. It's time to buy. Pending orders should be placed at 0.79500 level. Stop orders must be placed below 0.78690 level. Profit target is at the...
The price moves upward in the borders of an ascending price channel. When the price bounced from the trend line of the channel, we got a buy signal. RSI confirmed price reversal. Now we have to place pending orders for buy above the local swing high. If the market moves higher than 41.00, it will be a good confirmation of further upward movement. Stop orders must...
The price bounced from the support zone formed by the uptrend line and 4000.00-3900.00 support levels. RSI and a bullish divergence confirmed price reversal. It's time to buy. The local swing high will be a good level for placing pending orders. If the market passes 4200.00 level, it will be an additional confirmation of further upward movement. Stop orders must...
If we look at the 1H chart, we'll see a double bottom chart pattern. It belongs to a reversal group of chart patterns. If the market bounces from the uptrend line and 0.80000 support level, we'll have to wait for a price breakout above the local swing high. It will be a confirmation of the double bottom pattern and further upward movement. Pending orders for buy...
The market bounces from the uptrend line and 224.00 support level. RSI confirms price reversal. If the market could not break this support zone formed by the uptrend line and 224.00-216.00 support levels, it means we must be ready to join a possible upward movement. Pending orders for buy should be placed above 236.00 level. If the market moves higher than this...
If we look at the 4H chart of NEO, we can see a trend reversal chart pattern. Head & Shoulders pattern on the top gives a signal that the market is going to move downward. For confirmation this price movement, we'll need a price breakout below the signal line of H&S pattern. If so, the market will be able to drop to 15.50 level. For reaching this target based on...
The price bounces from the uptrend line. RSI confirms price reversal. We can try to catch possible upward movement. Pending orders for buy must be placed above 4325.00 level. Stop orders must be below the uptrend line and the local swing low. It's 4134.00 level. Profit target should be at 4500.00 level.
Let's look at the 4H chart of Ethereum and try to spot possible price movements and entry levels. We can see that the market is at the important zone formed by the uptrend line and 300.00 support level. If the price bounces from this zone and breaks the downtrend line from the 1H time frame, we'll get a signal of further upward movement. The market will rise to...
The price bounces from Tenkan line of Ichimoku indicator. DMI confirms strong downward movement. It’s a sell opportunity. Pending orders should be placed below the local swing low - it’s 1.75850 level. Stop orders must be placed above the local swing high - it’s 1.77030 level. Profit target is at 1.74330 support level.
The price reverses from the resistance level. MACD and RSI confirm price reversal. ADX line starts falling and it's a signal that the bulls are not so strong. We have a sell opportunity. Pending orders should be placed below 1284.00 level. Stop orders must be above 1291.00 level. Profit targets are at 1275.00 and 1268.00 level.
The price moves in a horizontal channel formed by 0.15000 and 0.20000 levels. The market is near the bottom border of this channel. If we look at the 4H chart, we can see that the price bounced from the support level. RSI and a bearish divergence confirm a price reversal. We must be ready to catch a new upward movement. Pending orders for buy should be placed...
Based on the 1H chart we can draw a pennant chart pattern. It's a continuation pattern and we should expect for further upward movement. Pending orders for buy must be placed at 8.74 level. Stop orders must be below 7.80 level. Profit targets are 9.50 and 10.00 levels. If the price drops below the bottom line of the pennant, we'll see downward movement to the...
The price bounced from the kumo and the downtrend line. RSI confirmed price reversal. DMI shows trend market conditions and allows trading. We have sell opportunity. Place pending orders below 1.24945 level. Stop orders must be above 1.26530 level. Profit targets should be at the support levels.
The price diverges with MACD histogram and RSI. We get a bearish divergence which is a strong trend reversal signal. MACD confirms downward movement. RSI confirms price reversal from 4400.00 level. ADX line of DMI indicator starts falling. It's a signal that bulls are not so strong now. Based on the above signals, we should expect for a correction movement. The...
The market is going to bounce from the uptrend line and 270.00 support level. RSI and a candlestick pattern confirm price reversal. It's buy opportunity. We can place pending orders above 288.00 level. Stop orders must be placed below the local swing low and it's 265.00 level. Profit target is at 320.00 level or you can hold these trades for long run. If the...
The price bounces from the main uptrend line and 42.00 level. RSI confirms price reversal. We can expect for further upward movement. Pending orders for buy should be placed above 43.70 with stop orders below 41.00 level. For short term trading the profit target is at 50.00 resistance level. Also the uptrend line is good for buying and holding positions in long...