DLavrov

DLavrov

The price tried to break a local resistance line. The attempt was not successful. But we got a new swing high which can be used for placing a pending order for buy. If the price bounces from the uptrend line and SMA100 which form the support zone, the market will be ready to move upward. The breakout above the previous high will confirm the strength of buyers. If...

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The price bounced from the support zone formed by SMA100 and 7300.00 level. The breakout above the signal line confirmed the strength of buyers. The market moved upward and gave us two trading opportunities based on the reversal and the breakout signals. RSI confirmed the price reversal, and now it supports the buyers. MACD lines and histogram confirm the upward...

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Yesterday I wrote about BTCUSD based on the daily chart. The price was going to break the downtrend line and start developing a further upward movement. You can find this post below this one in the related Ideas. If we look at the lower timeframe like the 4H, we can see that the price is going to reverse from 4100.00 level which acts as a resistance. RSI...

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If you are a Dash Holder the breaking above the previous swing high, it is an excellent signal for you. The price moved upward and confirmed the continuation of the uptrend. Now the market tries to climb above 100.00 resistance level. If this attempt is successful, long positions can be opened with profit targets at SMA200 and stops below 85.00 level. As we have...

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The price is trying to break the downtrend line and the resistance zone between 4200.00 and 4300.00 levels. RSI and MACD histogram support the upward movement. DMI becomes bullish. ADX line is below the signal level but it looks like it will move upward. We are going to get a breakout. But for this, the close price will need to stay above the uptrend line at...

DLavrov Updated 

A user asked me an interesting question : "I’ve been studying trading for a while, I have good and bad days now but i am positive. I can feel my experience is growing and I like trading. I’m trying to figure out when I should start trading full-time. How much income should I expect to earn from trading?” Today’s topic: At what point can trading provide your...

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The market forms a chart pattern which looks like a Head & Shoulder as close as possible. If the price can break the neckline, it will confirm this pattern as a trend reversal. We should be ready to see a downward movement. The price will be able to reach the zone between 1230.00 - 1210.00 levels. Of course, if before it, the price will be able to break the main...

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The market could not develop an upward movement after bouncing from the trend line. We got a new swing high lower than the previous one. Based on it we can draw a new downtrend line which also will act as a signal line for confirming the buyers' strength. If the price can break this line and move above 1.33500 resistance level - the continuation of the uptrend...

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The price could not stay above 4000.00 resistance level and drop below it. Now SMA200 holds the market. Using the previous highs we can draw a trend line which will act as a resistance. If the market moves upward, the price will have to break this trend line for confirmation of the strength of buyers. But it looks like the market is going to continue the falling....

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The price reached 1325.00 resistance and we got a reversal. The market started a correction. The price is going to reach the support zone formed by SMA50, the uptrend line and 1310.00 support level. RSI confirms the reversal and gives a bearish signal. MACD supports the downward movement. If the price reaches the support zone, we should be ready to get a...

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The price is in the zone where we should expect for trading opportunities. The market is supported by the uptrend line, SMA100 and SMA200. If the price reverses from this support zone, the breakout above the signal line will give a buy opportunity. Stop orders for such trades should be placed below the uptrend line. The main profit target should be at the...

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The price reached a resistance zone between 1.03300 - 1.03400 levels and SMA200. We should be ready to get a reversal signal which can be used for opening short term sell positions. RSI is in the overbought zone and it's going to confirm the price reversal. MACD histogram supports the possible downward movement. It allows us to place pending orders for sell below...

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The price could not stay above the daily downtrend line and moved below it. The market is going to reverse based on the hourly timeframes and it's a good opportunity for selling. RSI and MACD lines support the downward movement. DMI becomes bearish. These signals allow us to open short trades. If the price breaks 1.34000 support level, it will be an additional...

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The market forms a pennant chart pattern which belongs to a continuation group of patterns. The price tries to break the upper line of the pattern. If this attempt is successful, the market will give a buying opportunity. Stop orders should be placed below the local support and the swing low. Profit targets will be at the resistance levels. RSI confirms the...

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The market stays in the downtrend and we should be ready to see the further falling in the long run. But there is a strong support level not far from the current price where we will be able to get a buy opportunity. If the support zone at 2.60 level can stop the market and we get a confirmed reversal signal, it will be used for buying with stop orders below the...

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The price bounced from 10.00 level and moved lower. RSI confirmed the price reversal. MACD histogram supports a downward movement and MACD lines are going to do the same. DMI is bullish, but ADX line falls. It tells us that buyers are not so strong now and a correction of the uptrend can be continued. There are two possible entry levels for buying. The 1st level...

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The market is in a downtrend. RSI, MACD, and DMI confirm the further downward movement and the strength of bears. But we have solid support at 250.00 level which could stop and reverse the falling market in the past several times. Probably this time we also will see the same price action at this support. If so, we will be able to open buy trades based on a...

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The price bounces from the support zone formed by the daily uptrend line, 145.00 support level and SMA200. RSI confirms the price reversal. MACD supports a possible upward movement. DMI is bearish but ADX line starts falling. It gives a signal that sellers lose their power. We have a buying opportunity with an entry level above the local swing high and stop orders...