traderscolo-en

traderscolo-en

For this pair, the ascending triangle is almost finished. The Bollinger Bands have shrunk a little, this could be a signal for break out. The Bollinger Bands now are not broad, so we can expect the price to break out soon. Also, the MACD just went through a bullish cross, which means the price may go up soon. The RSI is going up too, also, the high level could...

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The price had been in a falling wedge for a while, as we expected, the price then broke out from the upper band and then entered this new channel. This new channel is an upward channel. As we can see, the price has already tested several times within this channel. Recently, the price touched the bottom line of the channel, which could indicate that the price met...

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The Bollinger Bands went broad momentarily. During this period, the price made an ABCD pattern, which is a bullish signal. Since we already have a bullish pattern here, let’s look at other indicators. First, the selling volume seems to go down a little bit, however, still high. At least buyers are still waiting. The RSI is trying to recover from the bottom. Be...

traderscolo-en

The price had been falling for a while, now, it entered an ascending triangle, which is a signal for rising. The Bollinger Bands remain unchanged. This offers no signal for us. Next, the volume remains unchanged too. We can see that the buyers still win the game for now. This can also be seen from the MACD, the lines are going up. The RSI is also recovering from...

traderscolo-en

An obvious ascending triangle is marked here. As we all know, the ascending triangle is a bullish signal. This triangle is still forming. We can see from the volume, traders are unconfident. Sellers are waiting for signals. I don’t think in this situation we should pay attention to the MACD since it’s a lagging indicator, it could review the signal from the last...

traderscolo-en

The price had been fluctuating for a while. Then, it entered a platform here, which I considered the support area. The reason I consider this one a support area is that it already broke out the lower band of the Bollinger Bands, however, the price stopped here. This could tell us that the lower band is supporting the price, the pressure from buyers is becoming...

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This ascending triangle is significant here. As we know, this is a bullish signal. The price came down from the 0.929 level. Then it started to form this ascending triangle. As we can see, the Bollinger Bands already started to go up since the beginning of the triangle. Also, the channel shrunk a little bit, which could indicate some changes in the price. The...

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The price had been falling for a while, then entered a platform. Now, where would the price go? There is no obvious chart pattern for the price, so we need to find other signals. First, the MACD went through a bullish cross and has been going up for a while. This is a good signal. Also, the RSI is going up. The Bollinger Bands shrunk, which means there could be a...

traderscolo-en

The price had been rising for a while. Then, it entered in an ascending triangle. As we can see, the ascending triangle is still forming, so the time that the price breaks out would be important. The ascending triangle is a bullish signal, however, now the MACD twisted together and we cannot see a clear trend. The RSI is also hanging around the same level, it...

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The Descending triangle is always considered a bearish signal. As we can see, the Bollinger Bands shrunk now, which could be a signal for fluctuations in the near future. Also, this shrinking is just in the middle of the triangle, this could indicate that the price may break out earlier than we expect. The MACD is still in a downward trend, and I cannot observe...

traderscolo-en

As we know, the ascending triangle is a bullish signal. The Bollinger Bands shrunk a little bit at the beginning of the ascending triangle, then the Bollinger Bands went broad again, which means the price is ready for changes. The Bollinger Bands seem to go up now, which could also be a bullish signal. The MACD is about to make a bullish cross, and it is on a...

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The price entered in an ascending triangle on October 4th. Since then, the volume started to rise, which means traders saw the signals and gained confidence from that. The ascending triangle is a bullish signal, the price could break out any time. Would the price break out in the near future? The Bollinger Bands has been shrinking since the beginning of the...

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After the previous falling wedge, the price went up as we expected. This is good news for me, the price could rise again after this falling wedge. Will the price still follow the way I expect after falling wedge? Recently, the Bollinger Bands shrunk a little bit, and now, it goes broad again. This could mean that the price may have some big changes soon. Also, the...

traderscolo-en

After the previous falling wedge, the price went up as we expected. This is good news for me, the price could rise again after this falling wedge. Will the price still follow the way I expect after falling wedge? Recently, the Bollinger Bands shrunk a little bit, and now, it goes broad again. This could mean that the price may have some big changes soon. Also, the...

traderscolo-en

As we can see, the price is forming a rising wedge. The rising wedge is a signal for bearish. The pressure went weak, so the price may go down after the rising wedge. We can observe some signals here. The Volume is going down a little since traders are not confident about the price. The MACD and the RSI are not changing too much. Let’s wait for more signals.

traderscolo-en

The price entered the channel I marked with orange lines on September 28th. The fluctuation within the channel seems to be broader, however, the Bollinger Bands do not change too much. The volume went down. Traders are not confident about the price. The MACD just made a bullish cross, however, this could be a short rising, because it did several crosses like this...

traderscolo-en

I make an ABCD pattern and it shows that the price could go up soon. Although this is not a really precise ABCD pattern, we have other signals to support our prediction. The price broke out from the lower band of the Bollinger Band, which means the price could meet pressure here and the RSI is trying to recover from the low area. The MACD is still in a downward...

traderscolo-en

The orange line I marked is the support line for the price. As we can see, the price has been rising for a while. The upward trend was fluctuating, which made all traders nervous. Would the price follow the support line? The Bollinger Bands have remained in the same width since the price entered an upward trend. This situation could tell us that the price may not...