Hello traders, This is a simple education post to compare Ethereum, Ripple and Litecoin to Bitcoin. Summary: - Ethereum is the most currency that follows Bitcoin, however it failed to make any new highs while bitcoin keeps doing so. - Ripple is the most currency that doesn't care about Bitcoin price movement - Litcoin seems to be the most mature and stable...
Hello traders! As you can see, bitcoin is forming a structure (triangle) that is about to be breakout. This is a very short term analysis of what we expect to see in the next few hours. Both possibilities are valid (bullish/bearish) Let see what you guys think, do you think it will be a bullish or a bearish move? I'll start by guessing that it will be a ...
Hello traders, I hope everyone is having a great week. As you can see in the chart above, a classical adam and eve bearish has formed and once its activates (by breaking trendline in green) the target price is $280. Let see how this unfolds in the next few hours. Happy trading! -Abdulla
Hello traders, Here is my idea on #ethereum for the next few days. I wouldn't enter now until a clear direction is given by this coin, it looks like a hold for me. We could expect a small movement to the upside to about $390 (as bulls are still in control) Lets see what more information it gives us in the next few days. Happy trading!
Hello traders, I've been tracking #ripple for the past few months and it clearly showing me the huge potential it has. It seems that market makers are steadily buying to avoid any noise since they are not ready to take ripple to new highs. Once accumulation is done, i expect ripple to EXPLODE to $0.5 and $1 very soon! Keep an eye on it :)! Goodluck
Hello traders, Its been a while that I haven't published anything on tradingview! Here is my analysis on bitcoin if prices close below $5450 in the next couple of hours. First target 4925 Goodluck!
Hello trades, Hope all is going well with everyone. As shown above, GBPUSD is showing strong signs that its changing its trend and we could see strong bullish movements in the coming days/weeks. Please note that in order for this pair to continue its move upwards, it has to avoid trading in the accumulation area ( highlighted in blue ). This is not a trade...
Hello traders! As you know, I've been very bearish on #ETHEREUM for the past few weeks (and still am). There hasn't been any strong commitment from the bulls yet, as I can't find any bullish signs. However, I can totally see that a huge falling wedge is forming, which could mean that ETHEREUM could be trading above $300 soon! Signs that will confirm a bullish...
Hi traders, 5 simple rules that will make you avoid running after a trend! 1. After the strong move, look for a re-distribution zone (highlighted in yellow) 2. Look for a 3-wave structure pattern, they usually perform the best 3. Draw your trendlines and wait for a breakout 4. Place your stop-loss above the highs of the re-distribution zone 5. Let your...
Hello traders, There is a nice trading opportunity to short GBPJPY. As shown in the chart, once the entry point line is broken using a strong bearish movement, you can short! However, if you want to have your risk/reward to be higher, you the pair can be shorted now with a stop loss at 147.8 Goodluck!
Hi traders, As you can see, I made this chart simple and very easy to understand. Once we have a breakout of the trendline, we expect a move to the upside which will take us to the supply zone and the top of the trading channel. Goodluck! - Abdulla
Hi traders, EURUSD -0.12% is continuing trading higher and making new highs everyday. However, its currently started trading in a strong weekly supply zone and a potential reversal is possible. Once we break the support area highlighted in the chart, we can expect EURUSD -0.12% to trade lower. Good luck and happy trading! - Abdulla
Hello traders, Hope everyone has an amazing weekend. This is a trade setup idea to short EURGBP which involves 3:1 reward risk ratio. As shown, we are potentially in stage 4 (downtrend) on the 4hr timeframe. Happy trading! - Abdulla
Hi traders, It clearly shows that Ethereum is bearish as it continue to fail to make any new highs and support zones are breaking one after another. If Ethereum wants to turn bullish again it needs to commit to make higher highs by breaking out $320 levels. First Target: $200 and Final Target is $120-$100 . I'll keep you updated :)! -Abdulla
Hello traders, Wait for a confirmation - Should be a nice trade setup! Goodluck
Hi traders! Hope everyone had a profitable week. Here are some trading rules that helped become a better trader. Feel free to share any additional tips that you found helpful during your trading career... Happy weekend :)! - Abdulla
Hello traders, Wait for a breakout of the current structure drawn in the chart. We could see a nice correction for next week!
Hello traders! I'm expecting a nice trade setup for USDJPY. As of now, I'm waiting for a good signal from the structure highlighted in purple. If it breaks to the downside, then I'm expecting to trade within the blue trend-line. However if it breaks this wave structure, then a short entry setup will be valid. If a strong bullish moves happens, then we should...