Sebatrader1

Sebatrader1

Hi Folks, hope all good. Here some analysis on BTC/EUR. I do not know if I told you but I am not a big fan of Bitcoin, I rather find opportunities in other cryptos. Due to its "popularity" and high correlation with mostly all the coins out there, the whole crypto space has been going down, down and down... BUT the bearish phase has ended! It was not surprising...

Sebatrader1

Hi guys, Here some analysis on the EUR/USD pair: After some macro indicator such as a stronger non farm payroll in USA which showed higher wages, the DOLLAR got stronger and we saw a correction on this pair. Technically, the price has rallied since a long time and this might be just a natural correction. Currently, the trend is still up and I expect the price...

Sebatrader1

Hi guys, Check out my analysis on the USDCAD The dollar is getting weaker and weaker and we should take advantage of this strong downward movement. Of course, it is very important to wait for the right entry point and not doing things in a rush. Here as usual the trade setup: - A nice flag has been formed followed by a huge engulfing candle on the upper edge of...

Sebatrader1 Updated 

Hi guys, Here some analysis on the EUR/USD pair: We are still in a strong bullish trend and currently a nice correction has been formed lying on a major, historical and daily support. Therefore we might see a bounce from this support (middle black line). Trade setup: - Consolidation has been formed right on the major support - Double bottom (with 2 long wicks)...

Sebatrader1 Updated 

Hi guys, I would like to share my analysis on the eur/usd pair, hope you'll enjoy it. I expect a further weakening of the dollar mainly due to higher political pressure and a further extension of the US government shut down. The major worries rely on the inability of the Us to repay its debt, therefore decreasing its credibility which might have an impact on...

Sebatrader1

Hi guys, Here some price analysis: -Price on the upward trend of channel -A nice consolidation has been formed followed by a 2bottom -Just wait the the breakout of the consolidation -As usual, a good 2:1 risk-reward. Hope you liked my short but simple and effective analysis. Feel free to leave a comment or a like :) Cheers, Sebastiano

Sebatrader1

Hi Guys, I would like to share some Thoughts & Opinions & Analysis on AUDCAD pair. It seems we have ended the bearish short term started around beginning of May 2017. The price has bounced off its major supporting area around 0.962 with a DT forming a new higher high, then a new higher low. Bearish downward channel has been already broken. It would be...

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Hello guys, Summer ended, but not the passion for cryptos. I am going to share my thoughts, based on chart analysis, about Ripple (XRP). As you notice, I always tend to make clear and simple charts since I believe it is important to learn how to read the PRICE ACTION. We can say the bearish trend has ended, and a bullish trend, with nice strenght, has begun....

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Hello guys, A very nice LT channel has been formed, remember a channel has to be "envisioned" which represents the best fit for the price movements. Therefore, drawing chart patters is quite an art. Conservative set up: -A higher high has been formed, almost a higher low, we want to wait the breakout of that higher high to be sure the trend has reversed. It is...

Sebatrader1

Hi guys, hope all good. As you can see a medium-long term channel has been formed, we are on the bottom edge of it and the price is experiencing a very nice consolidation, which is in this case our trigger. Set up: -Stop loss right below the consolidation, around 40 pips -Take profit in proximity of the next resistance level, around 120 pips -3:1 risk reward....

Sebatrader1

Hello guys, hope all good It's always nice seeing positive and "green" days, especially when it's about the asset your holding. But don't let your emotions fool you. Eth breaks out the previous resistance (the gray area), suggesting a further upward movement. However, if you notice, we are in proximity to the long descending trend line, in which the price...

Sebatrader1 Updated 

Hi guys, I just want to update my idea on ETH. We are approaching the end of a symmetric triangle. If there is a breakout, eth might pop up. Let's see how it goes. Anyways, right now people feel too "safe" and "happy" because of BIP 91 and they are putting aside ETH (volume has decreased a lot in the past couple of days coinmarketcap.com). It is important to...

Sebatrader1 Updated 

Hi guys, Just want to share my thoughts about this crypto. Hope you'll enjoy it. We everybody know cryptos are volatile, but damn, right now the speculation is going crazy. I am pretty sure that this is not pure speculation ,made by discretionary investors but AI,algos and physics are dominating the scene. In my opinion, in the cryptos universe you can't base...

Sebatrader1

Hi guys, I just want to share with you my ideas and analyis about EUR/USD pair. We have seen and we are experiencing a big rally in the Euro lately mainly due to bullish investors sentiment and postive economic outlook. Personally, I expected a reversal at 1.14-1.15, for a possible correction. However, the resistance level at 1.6173 has been broken yesterday...