Renkotrade

Renkotrade

Hello to all watching my charts. Here in DASH we ahev a longterm trend which is long but momentum is very slow now. It has been established a shorttime SHORT trendchannel but ist must be confirmed with a fall below the lower long trendline wich i marked in RED. Other possibility is that DASH comes up again and turns at these line to higher prices and stays...

Renkotrade

Hello to all watching my charts. Right now EURZAR fall below my longterm traing trendline and is now short . The shorttime channel is fallin down in Green, easy to see. Has broken all supports. Black Lines. Good trades. Renkotrade

Renkotrade

Hello to all watching my charts Here is try to visualize my Resistance / Support trading In 4 Steps i have shown in the chart. In addition my channel system shows also trend to long which is easy to see. If the support holds at 8200 i exspect higher prices here. Good trades Renkotrade

Renkotrade

Hello to all watching my charts. Here i want to bring you some trading information same as in my EURUSD blog 1. Trendchange To check what is a trend you will find these more basics in my ebook on my website soming soon. Its always happens in these manner: In the longer time review a trend is maybe still valid, Butt the things which happens now counts...

Renkotrade

Hello to all watching my charts. Here as example of EURUSD i will try to show you the manner of trendchange and falling below support. 1. Trendchange To check what is a trend you will find these more basics in my ebook on my website soming soon. Its always happens in these manner: In the longer time review a trend is maybe still valid, Butt the things which...

Renkotrade Updated 

Hello to all watching my charts, Back here in the forex market i am check the EURUSD and we do have a nice situation here, 20.10.2019 In my shorttime system ( turkis green) we are SHORT now BUT the pairs has climbed just back in the LONG midtime channel (blue) So maybe that has been soomethin of a fake brakeout short, We have to wait whether it stays in...

Renkotrade

Hello to all watching my charts, I am back here with a new analysis of german Dax Index on a 1 HR view. We have a very nice long setup since 10.10. and i do hope everybody have seen that. Thats in my midtime channel (blue) nice to see. Of course such a strong rally cant last forever and has to be paused sometimes. Since yesterday we have such a phase but if...

Renkotrade

Hello to all watching my charts. Back here we have a closer look to ETHUSD today Pay Attention. My shorttime channel (green) has just broken down a few minutes ago and ETHUSD is fallin back in the midtime channel (blue) which is stilll long but thats not a good sign. So watch out whats coming next. ETH should not going lower than my 2 blue array line at...

Renkotrade

Hello to all watching my charts. I am back again with next analyses of Bitcoin in 2 HR and 1 HR charts. IN bigger view 2 HR chart here it is, My shorttime channel shows long setup (green range) My midtime channel shows trading range (blue channel) between 7800 and 8300 So if you missed the long start yesterday best will be to wait whether BTCUSD will climb...

Renkotrade

#Bitcoin #Litecoin #Ethereum Hello to all watching my charts. As is told you the last days there have been 2 options for Bitcoin to show us the next direction: First option: the long trendline / RED stays and we stay in Long Mode Second option: the red trendline brakes AND the Support at 11260/11270 brakes also than we should change from neutral Mode/ (...

Renkotrade

#Bitcoin #Litecoin #Ethereum Hello to all watching my charts. Lets have a look at Bitcoin today. What happend: As shown in my last Post the trendline for long had been in danger /Blue Line / and have been broken now. Thats the reason we can confirm that the jump above the neutral section > 12000 is shure a Fake Breakout. The prices now have been going down...

Renkotrade

Hello to all watching my charts Here the next example to trade a trendline brake in DBK / German Bank 1. Break the black suppport line at 7.00 SHORT 2. Break the blue short trendline at 6.20 /6.30 LONG 3. Break of the next supoort line RED and break of the Long trendlne SHORT 6.70 Only a few trades to made profit. Good trades If you want to support...

Renkotrade

#Ethereum #Bitcoin #Litecoin Hello to allwatching my charts. In some words: Ethereum still caught in the range between 200 and 235/240 Nothing new happens . We have to wait in which direction the outbreak will come The chance for long and for short i do see same at 50 : 50 chance. Good trades If you want to support my work and my charts, please like...

Renkotrade

#Bitcoin #Ethereum #Litecoin Hello to all watching my charts. Today we had the 3 attempt to move above the 12000 resistance and again Bitcoin failed, seems to be that at the moment the buyers dont want to pay more than the level now and dont want to pay more than 12000 Okay next probme is the purple trendline i told you yesterday which is now in danger. Not...

Renkotrade

Hello to all watching my charts Here i will tell you (again) the power of trading broken trendlines for example in USDZAR a little bit exotic pair but its interested that here also this trading type will get very positive results. Lets have a closer look to the last 2 Month from 7. June to 7. August Now what happens: 7.6. USDZAR broke the first long...

Renkotrade

#Bitcoin #Litecoin #Ethereum Hello to all watching my charts. So to say nothing really happens today but that is in my eyes not a good sign. Again Bitcoin tried to jump over my blue resistance line and again it faild to hold there. NOW please pay atention to the new long trendline which is the uptrend at the moment in PURPLE COLOR. If Bitcoin failed to hold...

Renkotrade

Hello to all watching my charts After the last break of the trendline (purple line) (please check my last DAX post here a few days ago) the chance of long has not fullfilled and Dax stays in the short signal aerea with lower and lower and lower prices. So what comes next ? Of course i am not able to tell you the future but some things are to mention. 1. We...

Renkotrade

#Litecoin #Bitcoin #Ethereum Hello to all watching my charts If you check the Litecoin and the Bitcoin chart its interested that in Litecoin there is no long signal yet. I have brought you here all highs as resistanced with black arrows here. It is to mention that all arrows are lower and lower What we do need for a trendchange to long is a jump above the...