lCrn49

lCrn49

Hello everyone! On 1-hour chart, we can see that the price reached a solid support zone, and then we can see that double bottom formed. Double bottom is reversal pattern ad we can see that sellers got rejected on that area and that the buyers are coming int the game. We should consider that the overall trend is falling and if you want to take a long position,...

lCrn49

Hello everyone! -On a 4-hour chart we can see that the price formed a nice double top pattern and that is a very good reversal signal. -We can see that the price is moving in the uptrend but now the bears gained some power so we can expect that the price is going to keep falling until it reaches the support area. -We can also see that the price broke the...

lCrn49

Hello everybody! -On a daily chart, we can see that the price reached the supply area, and then the price formed a double top pattern which is a very good reversal signal. -We can also see that the price is still in an ascending channel but we can notice that the price touched and rejected the upper trend line of the ascending channel -If the price breaks the...

lCrn49

hello everybody! -On a daily time frame chart, we can see that the price reached a solid area of resistance. -The price formed a spinning top pattern which shows us indecision in the market so that means that the bears and bulls are in similar control but in this case, we can see that at the end of the day the price closed in a bearish form. -The price moves in...

lCrn49

-Hello everybody! -On a 4-hour chart we can see that the price reached a strong supply zone and we can see that the price did not broke that area but also we can see that the bullish momentum is still very solid and I suggest to wait for a breakout in a bullish direction or to wait for bearish candles to form like shooting star or a bearish engulfing to take a...

lCrn49

Hello, everybody! -On a daily chart, we can see that the price reached a strong supply zone, and then the price formed a double top pattern. -Double top is a reversal pattern so that means that we may expect that the bulls are going to gain some strength in that specific area. -The bull's strength started losing its momentum as we can see when bulls touched the...

lCrn49

Hello everyone! -On a 4-hour chart, we can see that the price reached the top of the ascending channel and we can see that the price tested and rejected resistance multiple times with bearish engulfing and with few Doji candles. -We can see that the bulls are losing their momentum it that is and that is reflected in a Doji candles. -I expect that the bears are...

lCrn49

Hello everyone! -On a 4-Hour chart, we can see that the price reached a strong area of support and we can see that the price formed a double bottom pattern. -Double bottom is a reversal pattern which means that the price is more likely to change current direction. -The price formed few doji candles and the price is forming a bullish engulfing candle at this...

lCrn49

Hello everybody! -On a daily chart, we can see that the price reached the support area and formed a double bottom pattern which is a reversal pattern so we can expect that the bulls are going to gain some momentum in that area. -The support area is tested multiple times and rejected so I consider that area as a strong area of support. -The Stochastic indicator...

lCrn49

Hello everyone! -On a daily time frame we can see that the price reached the upper trendline of an ascending channel and we can see that the price tested and rejected that zone with a bearish candle. -I am expecting that the price is going to form a shooting star candle which is also a very good sign that the trend might change. -The Stochastic indicator is...

lCrn49

Hello everyone! -On a daily chart, we can see that the price tested and rejected a strong resistance area within 5 days,... -We can see that the bulls are losing momentum so we may expect that the bears are going to take some control. -We can see a nice Doji pattern in the resistance zone and that is a nice sign that trend is going to change. -The Stochastic...

lCrn49

Hello everyone! -On a daily time frame we can see that the price reached a strong support area, we can see that the price tested and rejected that area so we can see that the bears have lost selling pressure so we may expect that bulls are going to gain some power to push in the upside. -We can see that the Stochastic indicator is showing us an oversold area and...

lCrn49

Hello everybody! -On a 4-hour chart, we can see that the price reached a strong resistance area, and the price formed a double top pattern which is a bearish reversal pattern. -We can see that the price was moving in a bullish direction with strong bullish momentum and when the price reached the resistance area we can see that the bulls have lost that pushing up...

lCrn49 Updated 

Hello everyone! -On a daily time frame, we can see that the price tested and rejected a strong resistance zone, and then the price formed a nice pin bar candle. -We can see that the price tested and rejected multiple times resistance zone so I consider that zone as a strong resistance zone. -The Stochastic indicator is showing a bearish regular divergence so we...

lCrn49

Hello everyone! -On a daily chart, we can see that the price formed a very nice bullish engulfing pattern and that is a very good sign that the bull is gaining power. -We can also see that the price is respecting a strong support zone so that is another good sign to take a buy order. -The Stochastic indicator is showing us an oversold zone so we can consider...

lCrn49

Hello everyone! -On a daily chart, we can see that the price tested and rejected the support area, and then the price formed bullish engulfing which is a very good signal to buy,... -The price formed a triangle pattern so you can wait for a breakout to appear. -We can also see that the Stochastic indicator is in an oversold area so we may expect a pullback in a...

lCrn49

Hello everyone! -On a 1-hour chart, we can see that the price made a very nice engulfing pattern after a rejection from the resistance line. -We can see that the price is in an overbought condition on a stochastic oscillator so we may expect that the price will make continuation in a bearish direction. -The price is under 200 EMA so I consider that the price is...

lCrn49

Hello everyone! -On a 1-hour chart, we can see that the price reached the previous resistance area, and the price made few rejections. -We can see that the price also formed a bullish hidden divergence and that is a sign that the trend is going to continue. -We can also see that the price respected the yellow trend line a few times so we may expect this as a...