DLavrov

DLavrov

Let me show you the perfect trade based on a trend reversal signal. I wrote about a possible sell opportunity in this market in the previous post. I used the daily chart and explained why the market would be able to bounce from a new resistance. You can read details in the post from the related ideas. The daily chart gave us a sell signal, but the better entry...

DLavrov

The weekly chart does not look bullish in the short and medium term. The price reached 10 000.00, and we can see the price reversal. RSI confirmed it, and MACD histogram is going to do the same. If the price drops below the low of the previous weekly candle, it will be a bearish signal. The market has room for a downward movement. The main goal for sellers...

DLavrov

The market gave us a reversal candlestick pattern with the market high at 1690.00 level. RSI is going to confirm the price reversal. The same signal we will be able to get from MACD histogram. DMI confirms the main uptrend and the strength of buyers. MACD lines also give us a bullish signal. All these bullish signals and the fundamental factors support the...

DLavrov

The price moves in the borders of a horizontal price channel. DMI does not support the strength of buyers and sellers, and it means we should be ready to see the further sideways movement. The price reached the bottom of the price channel, and it gives us several trade opportunities depending on the price action in this zone. If the price bounces from 70.00...

DLavrov

The daily timeframe tells us about the price reversal from 1.08000 support zone and a possible upward movement. The 4h chart supports a possible uptrend. The price broke the local downtrend line and moved upward. It confirmed the trend reversal. Now the price reached 1.08765 resistance, where we can expect a pullback. As the market tries to build a local...

DLavrov

The price is going to bounce from 0.83500 support. The market gives us a reversal candlestick pattern. MACD histogram and RSI are going to confirm the price reversal. DMI is still bearish and confirms the strength of sellers. It means that the market can try to break the support and the local swing low one more time. But in spite of this, the market looks...

DLavrov Updated 

The price is at the resistance zone formed by SMA100, 10000.00, and the main line of the descending price channel. If the price bounces from this zone, we will see a new downward movement in the borders of the price channel. The breakout from the price channel will confirm a further upward movement. It is possible to use the breakout as a buy signal with stop...

DLavrov

How should the perfect buy opportunity look like, if we talk about a trend reversal? Here is an example for you that can be used with any timeframe and in any market. The same setup as it is in other markets. The market formed a bullish divergence, which gives us a trend reversal signal. If we look at the 4H chart, we will see the price at the downtrend line....

DLavrov

How should the perfect buy opportunity look like, if we talk about a trend reversal? Here is an example for you that can be used with any timeframe and in any market. We have a local downtrend, which is a correction of the main uptrend in the higher timeframe. The price reached the support zone and bounced form it several times. It tells us that the support...

DLavrov

The price moved downward in the borders of a descending price channel. When the price bounced from the support zone formed bu the bottom line of the price channel, SMA200, and 66.50 support level, it gave us a buy opportunity. As you can see, that buy signal could bring a good profit. Now we have to focus on the price action at the main line of the price...

DLavrov

If we look at the 4H chart, we will see a local downtrend. The price dropped below the local uptrend line, SMA100, and SMA200. We have lower swing highs and lows. The market gives us a trend reversal signal based on a bullish divergence. If the price breaks the local downtrend line, it will give us a new buy opportunity. Stop orders for long trades should be...

DLavrov

The daily timeframe does not give us enough information, and that's why I offer to look at the 4H chart. The price broke the local uptrend line. It gave us a bearish signal and a possible trend reversal. The price reached SMA100 and bounced. We got a new swing low higher than the previous one. If we add two previous swing highs, which are at the same level and...

DLavrov

Let's look at the 4H chart. The market formed a descending price channel. Now the price is at the support zone formed by SMA200 and the bottom line of the price channel. RSI confirmed the price reversal. The same goes for MACD histogram. The price will be able to keep downward movement in the borders of the price channel. The targets at 9000.00 and 8000.00 still...

DLavrov

The market gives us a trend reversal signal. It is based on a breakout above the local downtrend line and a bullish divergence. RSI confirmed the price reversal. MACD lines and histogram support a possible upward movement. DMI is bearish and shows trend market conditions. But ADX line falls, and it is a bullish signal. It is a possible buy opportunity. ...

DLavrov

If the market can stay above 100.00 level, we will get a horizontal price channel with the borders between the resistance level at 140.00 and the support zone formed by 100.00 and 92.00 support levels. If so, the price reversal from the bottom of the price channel can be used for buying. Stop orders for long trades can be placed below 92.00 and the main profit...

DLavrov

This market will be interesting during the next week. The price reached the support zone formed by the uptrend line and SMA100. The price action here will be able to give trade opportunities in both directions. If the price bounces from the support zone, it will be a buy opportunity. The breakout above the local downtrend line will give additional bullish...

DLavrov

The price broke 110.00 resistance level and moved upward. Sell trades had to be closed by stop orders. Now the price is at another resistance level where the market will be able to give us a new sell opportunity. Buying below the resistance is not the right way of trading. So, we should wait for a possible reversal signal and use it for selling. RSI reached...

DLavrov

In the crypto markets, you have to manage at least two types of situations. The 1st one is - you can miss the quick reversal and a further strong price movement. The 2nd one is - when you try to catch a reversal as soon as possible, you can face with manipulated movements and traps. There are ways how to solve these problems, but there is no perfect way how to...