After the massive drop (Bitcoin' came down ~$1100) it stopped around the $6500! Yesterday's candle closes above the $6500 which is a good sign because in August, the $6,500 area was a very strong resistance to beat but after many attempts it was successful and now the old resistance becomes a support. Currently, the price started to form a continuation pattern...
After the drop OmiseGo' shows us a pretty solid price action from the strong support and currently we are starting to fight with the round number ($4) and with the trendlines which are pulled from the 4h chart. The bounce came from the trendline which is pulled from the bottom (2018 low) and second touch 23.08. This trendline holds us almost perfectly! On the...
Currently, we sitting on the round number area at $500. We have tried to break this two times and those attempts were unsuccessful and currently the last 4h candle close gave us a minor break below the $500 (close was $499.5) and currently the last 4h candle formed a pattern called "Dragonfly doji"/"Hammer" which indicates that the trend could turn around so, we...
The market makes a pullback and this pullback is very scary. Yes, we waited for a pullback but not like this one that even all altcoins are bleeding heavily! Let's jump quickly into the action: If we want to see a bullish market structure then we have to bounce upwards almost immediately because we are in the strong support area and break below could mean...
Hello followers and other TradingView users! Let's start to break down step-by-step the Bitcoin' chart - what we got from the last month and what we expect from this week! Monthly chart: After the very messy and tough August, we got a decent candle close which will indicate some movements upwards! The monthly candle was almost(!!) "Hammer" candlestick pattern,...
Hello followers and other TradingView users! Straight to the action! Entry point criteria: 1. We have historically a strong resistance which now becomes a support at $6767, the area is widened to the $6800 because there are some wicks what we may touch and from there we have to watch what the price action shows to us! 2. Fibonacci I - pulled from...
Hello! At the moment I would like to share some higher resistance areas if somebody doesn't know where to take out some profit if we fly higher, and one technically good entry point if we start to make a pullback! From my point of view, the first strong resistance is around $7286-$7349. Historically, this level is worked nicely and if somebody is on the trade...
Hello followers and other TradingView users! We had a nice last week where we made some nice 'guessing' where the whales want's to go ;) but now is the new week and new situations! Let's jump into the action! 1. I want to remember that in the July we got almost a perfect bullish "Engulfing" candlestick pattern which will indicate some bull run but at the moment...
Hello! Yesterday we completed on the daily chart a nice Evening star candlestick pattern! The trend is Your friend!
Hello followers and other Trading View users! This is a long time and this is a long consolidation box. A lot of pumps, a lot of dumps: " Now we make a breakout - NO, ok NOW we make a breakout - NO". Those words and expectations have sent this area through the time! We do not know the fire that has stayed forever on the flames and we don't know the asset that has...
Hello Followers and other TradingView users! Several hours ago we managed to push through the super-strong resistance level! This move was supported from last week candle close which was a nice "Hammer" candlestick pattern and indicates that the bull move may come! Now, when we have a breakout from the consolidation area we would like to search some long (buy)...
Hello! Trade criteria: 1. Weekly trendline 2. Fibonacci 3. ADR 4. Round number 5. EMA
Hello followers and other TradingView users! We have moved sideways now a little bit more than 10 days and this start to be end soon! Why? First of all, we have finally one bullish candlestick pattern on the weekly chart, the weekly candle close gave us a nice "Hammer" candlestick pattern! This could show us or indicates us to watch this week for more bullish...
Hello followers and other TradingView users! At the moment we are around our very strong resistance which consists: 1. Round number $6500 2. March low $6533 3. April low $6425 4. ...and now is there also a minor trendline since 7. aug. To confirm a breakout from this area we need at least a 4h candle close above the $6533 which is March low. Why 4h, because we...
Hello! We have again a nice setup on the weekly/monthly price level! Very nice and bullish engulfing candlestick pattern on the strong levels and after the trendline retest! Hopefully, this helps You out a little bit to confirm Your own analysis! DEFINITELY make Your own research and if You don't understand some of my points or I miss calculate something then...
Hello followers and other TradingView users! We have tried to predict the short-term movements now over the week in this price area - some were good some were bad because between the two round number $6000 and $6500 those movements is almost random pumps and dumps! The price has been in this area now almost a week, almost a week we have seen those pumps and dumps...
Hello followers and other TradingView users! Here I would like to point out some technically decent BUY opportunity for USDJPY! BUY Criteria: 1. Breakout from the August down-channel 2. Wait for some pullback & retest 3. A retest is supported by weekly level 4. A retest is supported by monthly level 5. A retest is between 38%-50% Fibonacci retracement...
Hello followers and other TradingView users! Lately, we have seen some very random movements on the Bitcoin chart! The big guys/whales/'smart money'/bitmex even don't want to hide their movements on the market! $400 jumps are just like a joke, they come from the middle of nowhere! They want to shake off orders, as many as possible before they make one very big...