lucamodena

Hi All, It's a bold call given the geopolitical environment we are in right now. There is a lot of uncertainty in the market not only due to the USA vs China trade war but also because of weakening US production and the recession level of PMI indices in the Eurozone in the manufacturing and service sectors. Add to this record high levels of government, corporate...

Looks like we will soon test 8400 $ level...

Hi All, Still sticking to my previous analysis. The price is preparing to break the strong resistance purple line (9500 $). It has been "knocking" on this level 4 times already and now it looks like bulls have run out of steam and this resistance is not gonna hold for long. RSI has still to revisit the oversold territory. Volume has been decreasing for the last...

Hi All, I think we have a big flag formation on BTC here. This is a bullish trend continuation pattern. We recently bounced of the 100 EMA. It's a good sign however the overall price action momentum is bearish (RSI still heading to oversold area - still a lot of space for a drop in price). The most probable scenario here is an eventual break-down of the 100 EMA...

Hi All, I think we are on the verge of a sharp correction. We just reached the 50% Fibo level There is a beautiful bearish Deep Crab harmonic pattern in play RSI extremely overbought - in fact, only 4 times in the last 20 years we have reached this RSI level (82) What is more I have noticed a very interesting pattern. Since our ATH in Aug 2011 every 350...

We just had a retest of the neckline of our inverted H&S patter. Stochastic indicator confirms bullish momentum. GL & HF ;)

Hi All, Another intraday trading idea. BTC reached a descending trendline (blue line) clearly visible on 1H timeframe and is now forming a H&S pattern confirmed by decreasing volume and divergence on MACD and RSI indicators. TP: 10,540 $ GL & HF ;)

Hi All, I think BTC retraced to a strong resistance zone. The is no much space to go lower at this moment. Looks like a bullish falling wadge is in place. Moreover MACD is showing bullish momentum + Stochastic just took off from the oversold zone. There is a nice R/R ratio. Set a tight stop-loss like showed in the graph and wait for the breakout! ;) GL & HF ;)

I expect the correction on BTC to drive the price down till 9000 $ level. However right now we can see a short-term long opportunity driven by this harmonic Bat Pattern.

Waiting for the price to break out of this triangle formation. If it will break to the upside (60% chance in my opinion) I exect the price to reach 14,500 $. GL & HF ;)

During the last pump XRP exploded from 0,25$ to over 2,5$. During the next pump I expect XRP to reach 4$ GL & HF ;)

Hi All, Another altcoin with a bright future ahead - IOTA! TA: Ichimoku gives us a nice bullish signal. Tenkan Sen is crossing Kijun Sen. MACD approaching the 0 line. Crossing it it will be a very positive sign, In 1 year from now you will thank me a lot for this recommendation! See you there! ;) GL & HF ;)

Hi All, I am super-bullish on altcoins. EOS is one of my favourites. Technical bullish signal: - price broke and retested a strong support/resistance level (yellow line). - we broke inside the Ichimoku cloud, cloud is turning green - DMI confirms bullish momentum GL & HF ;)

Few reasons for this: - Fed starts talking about lowering interest rates - Fed will stop QT and go back to QE - US-China talks will finally find a positive ending

Short-term rebound on OIL after which sell-off will continue.

The price broke the 200 MA + it made through the Ichimoku cloud. I think we have an ABC pattern in play and the price could drop to an increadibly low level: 35$ GL & HF ;)

It looks like we are forming a H&S pattern. As a cofirmation we have a bearish divergence in the RSI indicator ad a decreasing volume. The H&S retracement area shoulb be around 143 $ where we can find a pretty strong support level (indicated by the purple horizontal line). GL & HF ;)

I expect gold to retrace till 1200-1220 $ level. From there we will resume the way up.