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traderscolo-en

As we can see, the price has been falling for a while. Recently, the price has broken out from the lower Bollinger Bands, which could be a clue that the price could bounce back. The Bollinger Bands always have the power that can press the price back to the middle. From the recent push-up, we can see that the power of the Bollinger Bands is strong. Also, the MACD...

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Recently, the BTCUSD reached a low point, I would consider this a resistance point. The price had been falling for a while. And now, it seems to try to bounce back. As we can see, the price entered a platform, and the Bollinger Bands has shrunk since then. The price could make a big change in the near future when the Bollinger Bands shrink. The MACD has been...

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As we can see, the price had been falling for a while, then it entered a platform and fluctuated around 1.617. During this platform, we can see that the volume started to rise, people were confident with the price. Even now, the volume is still going up. Next, the price started to make an ascending triangle, which could be a signal for bullish. Also, we can see...

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The price had been going down crazily from Sep 1st to Sep 3rd. And then, the price entered a platform, then fluctuated around 1.18285 for a while, then went down again. Traders may not trust this movement. The candles are short and small, they do not even have long tails. Is this downward movement trustable? I would say: it could be trusted. The Bollinger Bands...

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The price has been fluctuating around 116.9 for a while, and now, it seems to go down again. As we can see, the Bollinger Bands shrunk, which means the price could make a big change in the near future. The volume is low, people do not trust the price right now. But for me, the situation is clear. The MACD reviews the downward trend and the slope goes steeper....

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The price had been falling down for a while. Then the price started to go up, which seemed like a recovery, however, it could also be a retracement of the falling. If it really is a retracement of the previous falling, then I would say that the price could go back to the downward trend. Let’s see the Fib I made. It shows that the price only broke out the 0.618...

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As the orange trend line I marked, the price has been falling for a while. And the slope becomes steeper and steeper. Can we trust this trend? I think this trend could last for a while. First, we can see that the MACD lines tried to make a bullish cross, however, they failed. The pressure was not enough, which means the bearish power is still strong. This power...

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After the recent resistance point, the price becomes confused. Why is it making a platform? Where is the price going? Why that candle has such a long tail? If the price meets such a confusing situation with many many signals, I would focus on one or two for the near future. I made a Fib line for the nearest upward movement, so now, we can see that the price is...

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The price has been falling for a while, and now, the price is making an ascending wedge. As we know, there are two types of ascending wedges, this one, I believe is a bear ascending wedge. The price was falling before the ascending wedge. I do not believe the MACD and the RSI offers many signals here. As we know, the MACD is a lagging indicator, which means the...

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The price went through a downward trend for two days. So, how long will this situation last? Here we have some clues. First, the Bollinger Bands shrunk, which is a signal for a change. Also, the price touched the lower band of the Bollinger Bands, which means the price could bounce back from now. The recent Fib shows that the price already reached the 0.382...

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As we can see, the price has been falling for a while. Recently, the price touched the Bollinger Bands again, so, it could bounce back to the middle line. Although the volume does not change too much, the MACD shows some clues here. As we can see, the two lines of MACD are about to cross in the near future. Also, the RSI met the 30 levels and already bounced...

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As we can see, the price has been rising since August 26th. And now, the pressure got weak, then the price went to a platform. From the Bollinger Bands, we cannot observe significant signals. Also, the volume stays at the same level. Now, let’s see something different. The RSI made lower highs, which I marked with a maroon line. This trend line marked the...

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This is the second falling wedge that the price has made. As we can see, the first one was precise, the falling wedge works pretty well on the price. Now, let’s see the new one. The falling wedge was started at around August 23rd. Now the falling wedge has been forming for more than one week, still not breaking out. So, let’s see if there are any clues for the...

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Let’s see, the recent support point is strong. It pressed the price to rise for a while. And now, the precise seems to be at a platform. As we can see, two lines of the MACD seem to get closer, which means they may create a dead cross in the near future. And also, the RSI started to make a lower high. This is a signal for bearish too. So, do we totally trust...

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The chart shows that the price has been rising for a while. The volume rose at the support point, that made sense. And then the volume went down, for people were not very confident or they think the resistant point is closer. But now, the volume rose again. We can see that the price keeps going up and people are confident about this situation again. After the...

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The price has been in a downward trend for a while. And the Bollinger Bands keep getting narrow, which for me is a signal that the price may break out anytime. Also, the volume is low, which means traders are not confident with the price. And the MACD is in a downward trend too, however, it just went through a dead cross. The RSI just went through an oversold...

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The Japanese Prime Minister Shinzo Abe resigns because of an illness. As the longest-serving Prime Minister, Abe’s resignation brings an unstable factor to the whole nation. So, the Japanese Yen goes down crazily today. The red volume went up as expected. Also, the MACD went through a death cross. And the RSI went down sharply from the overbought point. I...

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Let’s see, the price seems to face pressure at the point I marked with a red circle. It could be a resistant area. And now, I would say it’s time to bounce back. Bollinger bands are always powerful, so the pressure should be strong. And we can see the volume seems to go down. MACD, remains high, however, it’s a lagging indicator. RSI still high, however, it is...