The market will be interesting during the next week. The price bounced from the resistance zone between 76.000 and 75.650 levels. The bearish candle and RSI confirmed the price reversal. What does it mean for us? It means that we have to search for sell opportunities in hourly timeframes. It will be possible to sell below 75.000 or wait for a pullback to 75.650...
All your attention must be focused on the price action at 7100.00 support zone. Now it is the key level, and if the price breaks it, be ready to see an attempt to drop below 7000.00 and move to 6500.00 support. At the same time, a price reversal from this zone will be able to give us a new buy opportunity for short term trading with the target at 7280.00...
The price reached the support zone between 14.65 and 14.00 support levels. If we get a confirmed price reversal, it will be a good buy opportunity based on the daily and lower timeframes. Don't forget to watch for Bitcoin. If that market moves lower, BNB will be able to follow BTCUSD market. If so, we will see the breakout below 14.00 and the further falling to...
The price bounced from the uptrend line, and we got a new buy signal with a good entry level. If Bitcoin does not continue the downward movement, it will be possible to buy above the high of the previous bullish candle. It will be a risky trade, but we have a good risk/reward ratio. Entry Price: above 2.68 Stop Level: below 2.33 Profit Level: at 3.70 Risk per...
The market moved back to the strong support zone at 0.050000 level. We can see how the price bounced from this zone and reached 0.088000 level. Why not do the same this time? If we get a confirmed reversal signal, it will be a new buy opportunity. Stop orders must be placed below the support zone. Profit targets should be based on 0.073000 and 0.088000...
The market reached the bottom, and the price action in this zone can give us trade opportunities and signals confirming the further direction. We can see that the price bounced from the support zone between 50.00 and 48.20 several times. If the price reaches this zone again, we should be ready to see a reversal. RSI and MACD histogram will have to confirm this...
The price bounces from the resistance zone between 28200.0 and the upper Bollinger Band. It gives us a sell opportunity with stop orders above the local swing high and profit target at the daily uptrend line. RSI confirms the price reversal. MACD histogram is going to support a downward movement. DMI tells us about the range market conditions. It confirms that...
The market has been moving sideways since May 2019. We have the price channel with the upper and bottom zones and borders at 2.040 and 2.780 levels. Now the price is at the bottom zone, and it gives us a possible buy opportunity based on the daily timeframe. If the market bounces between 2.040 and 2.150 or from this support only, it will be possible to buy with...
The price reached the resistance zone formed by the upper Bollinger Band and 0.91150 resistance level. The market forms a reversal candlestick pattern. If we get a bearish candle, it will be possible to think about opening sell trades based on reversal signals from the hourly timeframes. In spite of bullish signals from indicators, the market can move to...
The market moves upward in the borders of the ascending price channel. The price reached the upper line of the channel, and it means that we can see a price reversal and a correction movement in the bullish structure. RSI is in the oversold zone. We will be able to get a solid reversal signal. MACD histogram is going to confirm the reversal and a possible...
Do you want to know what's new in BTCUSD market? Let's look at the 1H timeframe because it will allow us to understand better the further market movement within the next few days. The price broke the local downtrend line. It confirmed a trend reversal if we use TA simple tools. The market gave us a good bullish signal. We got a price reversal from 7100.00...
I would like to say - it is the perfect market for buying. The market has been falling for 1 year. It reached the bottom. We got a confirmed trend reversal signal. The market started a new uptrend. Now the price is at the uptrend line and it gives us a very interesting buy opportunity. Stop orders must be placed below the uptrend line. Profit targets should...
The price bounced from the resistance zone formed by the daily downtrend line, 1480.00 resistance, and the upper line of the price channel. The strong bearish candle confirmed the price reversal and the strength of sellers. RSI confirms the price reversal as well. MACD histogram supports a possible downward movement, and the market can move back to the main...
The price broke the downtrend line. It gives us a trend reversal signal and a new buy opportunity. Entry should be above the local swing high. Stop orders must be placed below the support zone. Profit targets must be at 1.06640 - 1.07000 resistance zone. If you decide to buy, don't forget to use proper money management.
The market is in the downtrend if we talk about the daily timeframe. We could sell it from the zone between 0.91000 - 0.90000 levels. Now it is better to search for buy opportunities. The price dropped below the important support zone at 0.84750, and it confirmed the further falling to 0.83000 support. But what if we have a fake breakout? The market can give...
The market looks good for buying based on the daily timeframe. Why? Please read the details in the posts from the related ideas. The price broke one of the downtrend line. It gave us a trend reversal signal. The market stays above the main uptrend line, and it allows us to search for buy opportunities. Here we talk about the 4H timeframe. There are 2 ways how we...
The price reached the resistance zone. We got reversal candlestick patterns. RSI and MACD histogram confirmed the price reversal. We have a sell opportunity, and it is possible to search for entry points using the daily and hourly timeframes. Stop orders must be placed above the local swing high. Profit targets are the support zones.
The market dropped a lot with the help of a gap. Now the price is at the support zone. We got a reversal signal which had been confirmed by RSI and MACD histogram. The market forms a new swing low higher than the previous one. It gives us a buy signal. The trading idea is - buy from the current levels or based on the breakout above the local swing high. Stop...