TiranTrading

TiranTrading

Hey guys I hope you're good, Today I want to tell you a story, The story of Bitcoin price. If you wanna understand the story better read it in the chart and read it in Numerical order. 1. price broke 2017 ATH, the majority of the market missed this move, and during this sharp rally they were waiting for a pull back to 20k in order to buy. 2. but there was no...

TiranTrading

Hey guys, hope you are good. it seems that there are a lot of sell orders between 1814 & 1818. after every two times the price reached this level last week, we saw a rejection and a strong move to the downside. so putting a sell limit order here may not be a bad idea as it seems price will reach this level once more this week. even we might see a fake out above...

TiranTrading

what's up guys, in the 4h time freme of the Bitcoin chart if we connect the candle wicks, we can draw the local uptrend line like this witch is still valid and remain unbroken. so last night price made a fake out and a higher low. so the 4h structure is still bullish. if we break the local high at 36600 and make a higher high. then the market is due for a pump to...

TiranTrading

Hey guys, hope you are good! as you can see in the chart we have two possible scenarios for next week in Gold market. price is at a very critical support level right now and whether if it bounce from this level or if it breaks down the support, it will gives us different trading opportunity in the upcoming week. so let's watch the price action at Monday to see...

TiranTrading

Hey guys, here is a daily update for Gold, hope you enjoy it.

TiranTrading

Hello guys, have a look at here, in this chart you can see the importance of the 21 weekly EMA in the bull run of Bitcoin. This right chart is the image of the 2017 Bitcoin chart at the weekly time frame. every time the price touched it, ended up with a huge bounce and this magical exponential moving average has been acted as a very strong support. as you can...

TiranTrading

Hello guys, It seems like Bitcoin was forming an inverse head and shoulder pattern and it is breaking the neckline right now. The target of this head and shoulder is at 64k which is measured by the height the pattern, It is expected from bitcoin to move this much from the neckline. I entered a long position with a stop loss at previous low at 56.5. **Not a...

TiranTrading

Hey Guys, look at here, Gold is moving in this descending channel in a global picture. it is close to resistance and upper line of the channel, it doesn't have the bullish momentum to break through the resistance and what I am seeing in this situation right now is a perfect short opportunity for swing trading with a good risk to reward ratio. **Not a financial...

TiranTrading

Hello Guys, I wrote about this Bitcoin swing trading strategy two months ago. If you liked my idea or learn something from it, please hit that like button and share this idea with your friends. Thank You The rules are simple: 1. short term moving average crosses long term moving average on the daily chart 2. one oscillator supports further upward movement...

TiranTrading

I entered a Long Trade for DOT as it broke out from this symmetrical triangle to the upside. The Target is measured by the height of the triangle pattern which is at 50 and my Stop loss is below the previous Low. **Not a financial advice** Good Luck!

TiranTrading

Hello guys, I actually expect a bounce from 54.4 support level. because of these reasons: 1. the 50 day moving average is here which previously has acted as strong support and we saw multiple strong bounces from this indicator last few months 2. it is a support zone here and a daily uptrend line which has strengthen this area 3. the Fibonacci golden zone is also...

TiranTrading

My next trade on BTC would be the breakout trade from this ascending triangle, It already made a fake out today. If it breaks to the upside I'll go long with target at 61666 which measured by the height of the triangle. stop loss is below previous low at 59150. ** Not a financial advice ** Good Luck!

TiranTrading

Hey guys, my next trade on Bitcoin will be the breakout from this triangle (you can see the setup in the left chart), I only trade the breakout to the upside, I don't want to involve myself joining short in this bull market. BTC is getting closer and closer to the apex of triangle and it will break in 1-3 days. set your alerts, volatility is coming. The breakout...

TiranTrading

Hello guys, For DowJones index, It has broken out from this rising wedge after a long consolidation period, the upper trend line of the wedge has acted as strong resistance previously, it is broken and now it is expected to act as new strong support. the market is pulling back right now and we should watch for price action at this trend line, it may gives us some...

TiranTrading

Also if we zoom out the Bitcoin chart, we can see it looks like we are forming another cup and handle pattern which is very bullish if we break the neck line. consider it already has broke the handle part of the pattern and is going to retest the neck line. As You can see in the chart, Bitcoin is simply repeating his behavior these days, And if it continues to...

TiranTrading

Hello guys, in the Daily chart of Bitcoin after last candle close, recently something bullish happened, short term 5 Moving average crossed long term 20 Moving average. MACD is also supporting the further upward movement in the daily chart. this is a bullish signal in an uptrend. this is one of my swing trading strategies in Bitcoin market. I'll go long with a low...

TiranTrading

Guys it seems like Bitcoin is trying to break out from this ascending triangle, Volume isn't supporting the breakout so I will wait for a solid breakout in order to get confirmation to go long on Bitcoin. The breakout target of this triangle would be 60K but probably I'll take profit sooner near ATH. Not a signal, It is just my idea, Good luck.

TiranTrading

Hey guys, Bitcoin has bounced from 200 EMA on the 4h time frame and It seems like it is forming the the right shoulder of this inverse head and shoulder pattern, I'll enter long after breaking the neckline, and I think there be so much volatility after breaking the neckline because the neckline is at a very important resistance level, the target of the pattern is...