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EUR/JPY Scalp Opportunity [Quick Updates]Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can see a nice opportunity here for a quick scalp after EUR JPY has hit the horizontal support zone for the fifth time. The price has confirmed a rejection and looks to be in a temporary uptrend now. I suggest to put the take profit directly under the support/resistance flip area. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
Long
by Trading-Guru
4
Bearish Signal Based Off Descending Triangle for BAT BTCHi all, The Trading Guru is back here with a bearish scenario on BAT. After the big pump 4 days ago, we have seen several attempts of bringing the price down. Each attempt resulted in a bounce off around the 0.00002180 zone. However, every subsequent bounce has been slightly weaker. This is a very bearish signal, and is called a descending triangle. I expect the price to break through the support soon, as we can see the bears are clearly winning from the bulls at this point. Only once the price goes back to normal ranges as defined by the horizontal support, it will become more unpredictable about what will happen with the price. At this point we should leave the trade. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Short
by Trading-Guru
7
GBPCHF RSI Bearish Divergence! [QUICKUPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We just got a very strong rejection on GBPCHF after the price made an RSI Bearish Divergence. This means that a temporary top might have been printed, and a new bearish downtrend can start. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Short
by Trading-Guru
4
ENJUSDT - Strong Hidden Bullish RSI Divergence [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy ENJ and enter a coin that just started a strong uptrend. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance , RSI Divergences, Fib Retracements, and more.
by Trading-Guru
3
Bullish Gold Broke Through First ResistanceIn these uncertain times, it always feels good buying gold. Now that global markets have been in such a positive rally, gold has risen in price as well. For this trade, I propose a simple set up. We will try to monetize the bullish scenario, where we assume the trend will keep pushing the price up, perhaps with a small retracement inbetween towards a newly found support zone. We place the stop loss directly below the support zone, and the take profit directly below the second level resistance zone. I normally trade more on trend reversals, but noticed that in forex trading along with the trend tends to work slightly better. In cryptocurrency trading however, the reversals seem to be more effective so far. I will use a similar idea to my other trade for EURUSD Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
OANDA:XAUUSDLong
by Trading-Guru
3
EURUSD Follow The Trend!I am using a new approach here. I noticed that many of my support and resistance reversals don't work out on forex recently. On Cryptocurrencies they perform extremely well. For this trade, I'm using Heikin Ashi candles to help with identifying the trend. Also, I will assume the uptrend will last for at least as long as the first zone of resistance, instead of waiting the resistance zone and betting for a reversal. I charted this a few hours ago, but forgot to place the idea on TradingView. The price has risen already a bit, but I decided to keep the areas how I initially charted so I can get better feedback on the performance of this trade. I'm curious to hear any feedback from you traders out there. Any tips & tricks on support and resistance reversals vs trading with the trend? Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
Long
by Trading-Guru
4
Beautiful LONG Opportunity Based on Support [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. Just found this support zone for ZEC that already got confirmed with a small bullish candle on the 5m, leading to a nice scalp opportunity. See the chart for information on stop loss, take profit, and entry positions. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Long
by Trading-Guru
3
ETCBTC Just Got Its Horizontal Support Zone Confirmed [BULLISH]I was looking at this support zone for a while now. After a 6% price gain in about 24h, the price kept dropping and dropping rapidly. Finally it found support which made the bears temporarily leave. I see two important resistance zones directly above it, to which I expect the price to increase. Now that the hit of the support zone seems like a possible reversal moment, I expect the price to reach above the resistance level 1 with a bit of struggle. Then, with an S/R flip I expect resistance level 1 to act as support to go to resistance level 2. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Also, check my recent popular ideas on BTC:
Long
by Trading-Guru
EOS Getting Ready to Make a Decision [BEARISH SCENARIO]The Trading-Guru here with an update on EOS. There are three things that stand out on this chart: 1) The bollinger bands squeeze. Indicating local volatility, a squeeze in the BB shows that there is less certainty over the direction of the price and the volatility is dropping rapidly. There is almost no movement anymore in any direction. 2) Decrease in volume. The trading volume has decreased dramatically, showing that people don't know what to expect now on EOS. Everybody holds on to their bags and is getting ready to invest as soon as EOS shows direction. 3) A symmetrical triangle. This continuation pattern shows a constant decrease in volatility, with peaks becoming closer to each other bouncing off the support trendline and the resistance trend line. The beauty here, is that you don't have to decide yet whether you will take a long or short position. I drew the bearish scenario here with a short position, because for a symmetrical triangle, the pattern defines a continuation pattern. The momentum was negative before the triangle started, so I expect it to be negative after the triangle is completed. I expect explosive volatility as soon as EOS decided its direction, as many people are watching on the sideline right now. Wait for the move to happen and then quickly enter the trade. If you are afraid that you will miss the breakout, consider becoming a member for a crypto scanner. Crypto scanners will alert you as soon as something happens to a pair based on technical analyses, such as fib retracements, support and resistance zones being hit or ema crosses. Some links to free crypto scanners are in my signature. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Short
by Trading-Guru
3
Keep an Eye On This Zone With Crazy Price Action [USDCHF]For this LONG opportunity we will look at three parts. 1) Where should I enter my long? We can see that the price is closing in on an area with horizontal support. To leverage the support area, you should place a long limit order directly above it. We will bet on the fact that the price will bounce off the support zone and go up towards a zone of resistance. 2) Where should I put my stop loss? Support zones can have a bit of slack. They don't always need to be held for 100%. Place your stop loss a little bit below the bottom of the zone to give the price some opportunity to make unexpected moves. 3) Where should I put my take profit? When you look up, you see an area that is too big to be a horizontal zone of resistance. Yet, if you look at the price action, there is crazy volatility there and many many people have traded in that area. I suggest you stay away from that unpredictable area and place your take profit directly under it. Once we reach that area again, it will be very difficult to predict what will happen. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
Long
by Trading-Guru
5
Descending Oscillic Channel For LTC [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We find LTC here in in a descending channel with oscillic properties. During the confirmation of this pattern we can continuously scalp trades from the top to the bottom of the channel (short) or from the bottom to the top (long). To keep it more simple and with less work, I suggest an overall short trade here based on the negative trend. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Also, check my recent popular ideas on BTC:
Short
by Trading-Guru
3
Crazy Oscillation, Crazy Spikes. What's happening Theta!?Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. First of all.. What's with the crazy spikes!? I'm curious if anyone has an explanation for that. Second of all, what a beautiful oscillation! Admittedly it's not 100% perfect, but we see many price reversals after the same 70 bar patterns. For this trade I'll be using those two things together with the horizontal support zone to enter a trade. I expect the price to use the oscillation to come back down to the support zone, which gives us a great entry for a long. For this trade make sure to set limit orders everywhere. Put a limit order near the support zone, and DEFINITELY put a limit order for your take profit, to benefit whenever one of those crazy spikes come back again. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Also, check my recent popular ideas on BTC:
Long
by Trading-Guru
7
Daredevils Only - Trading new ALL TIME LOW [Quick Updates]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. CADCHF Has finally shown us a temporary low in this massive bearish trend. This is not an easy moment to trade, there can be unexpected volatility, and there is not much historical price action to base your TA on. I am going to keep it simple for now and just share this scenario based on a support and resistance. A first small rejection of the resistance has already happened, I expect it to continue a little bit. Eventually I do expect the price to attempt again and break through the resistance. Then, after a S/R flip the price can bounce off a newly found support and make a short uptrend. I believe the price will need to cool down a bit and will recover temporarily. This is where you can try to monetize this pair. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
Long
by Trading-Guru
3
A Descending Triangle is Forming on BCH [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We see BCH here with a strong bearish trend currently. It is reaching a point of support, but it doesn't look like it is really going to hold. I expect the price to bounce a little bit, confirm the triangle, and break through the bottom support line. The intuition behind a descending triangle is that there is a support zone at the bottom, with multiple attempts to break the support. After every bounce, the bulls slightly decrease their power. At some point the bears break through the support zone , and will create a sharp drop in price. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Also, check my recent popular ideas on BTC:
Short
by Trading-Guru
3
GBPAUD Just Confirmed A Support Zone [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. The price just hit this support zone, and got a beautiful confirmation of the area. It looks like the support zone is maintained, and the price will no continue with a bullish momentum. The nearest resistance is just above the current price, and makes for a nice scalp. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
9
AUDJPY Is In A Cyclic Ascending Channel [QUICKUPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We see AUDJPY here in a beautiful ascending channel, with a cyclic oscillic movement inside of it. For as long as the channel remains, we will be able to do two things: 1) Scalp each price movement with a short on the top trendline and a long on the bottom trendline 2) Go long throughout the entire channel, after buying at a small retracement. You can buy near the bottom trendline, and wait out how far the price will keep rising - dynamically adjusting your SL to move along with the channel. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
5
This Rising Wedge is About To Break [BEARISH SCENARIO]Let's look into more detail for this bearish scenario for EURCHF. We can see a rising wedge here, together with a horizontal zone of resistance. So far EURCHF has behaved very nicely within the rising wedge, with a clean oscillic bullish pattern. However, this behaviour is about to break as the price is closing in towards the zone of horizontal resistance. In this bearish scenario that I drew, I expect the price to hit the horizontal resistance, get a rejection and go down. It then will hit the bottom trendline of the rising wedge, and will use the bearish momentum to break through the support, and spike downwards temporarily. This is where the opportunity for the trade comes in. We can enter the trade near the horizontal resistance, with a short position. The stop loss will be above the resistance zone, to make sure we exit the trade when the bearish scenario gets denied. Happy trading everyone :) Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
Short
by Trading-Guru
4
VETUSDT Recovering From All-Time Low [BULLISH SCENARIO]Vet has struggled massively over the last few weeks. The general cash pull-out based on COVID-19 caused the price to drop to unseen lows. After the overall markets and BTC have recovered temporarily, I foresee a bullish scenario here on the 60m for VET based on technicals. There have been two import horizontal areas here, for which both have S/R flips. The current horizontal resistance is important for VETUSDT. It seems that the bulls are attempting to break through this horizontal resistance, and I expect that after a small retracement the price will continue in an upwards trend. The old zone of resistance will act as a logical spot of support, which will push the price up from its all-time low. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Long
by Trading-Guru
4
Proof of Human Trading on BTCUSDT (Not Just ALGORITHMS)In this update I will share a fantastic opportunity to understand human trading behaviour. First I will share the four levels of resistance that I am looking at. The levels can be used for the coming weeks to understand key price levels of BTC. However, for actual price projections, don't plan too far ahead. Even though we are in a clean rising wedge, I drew only candles until 3, 4 days out. There is soo much news recently that impacts the price of BTC, that TA becomes less sustainable for price predictions. Now, onto the levels: Resistance Level 1: 6650 Resistance Level 2: 8150 Resistance Level 3: 9200 Resistance Level 4: 10500 Look at how BEAUTIFUL these numbers are. They are all incredibly round numbers, which match perfectly to the levels of support and resistance. Computer scripts don't come up with these round numbers, humans do. You can see human trading behaviour at work here, along with human psychology. This is exactly where humans would put their limit orders, or where they will put price alarms. -- So, How Do I Beat Other Human Traders? -- Think carefully about where you put your limit orders. If the resistance is at 9200, don't put your limit order at 9201 right above a huge resistance. Be smart, and put it at 9199 or even a little bit lower. This reduces your profits only slightly, while greatly increasing the odds that your limit price will be hit. This also works for buy orders, never put those on round price levels. Instead, look for non-round numbers slightly disadvantageous to the profit, but very positive for your hitrate. If you learned something today, give me a thumbs up! - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Long
by Trading-Guru
15
Descending Triangle on ATOMBTC - Price Can Break Soon!We need to be really careful here on ATOM/BTC. A very clear descending triangle is forming here, giving us very bearish signals. The intuition behind a descending triangle is that there is a support zone at the bottom, with multiple attempts to break the support. After every bounce, the bulls slightly decrease their power. At some point the bears break through the support zone , and will create a sharp drop in price. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Recent success stories
Short
by Trading-Guru
3
Volatile Oil Leads to 20% Trade Opportunity [Sideways Movement]USOIL is in a temporary sideways channel here. Overall there is a bearish momentum on oil, and I expect on the higher timeframes this momentum to stay as we've not seen the peak yet on the issues due to Corona. The question though is, how do we profit from that? Here you see a sideways channel, where the price is moving between bounds of support and resistance. We can use our bearish momentum to find great entries, where the price is temporarily overindexed. We wait until until the price reaches somewhere near the resistance and enter the trade. I put the stop loss directly above the resistance to minimise risk, and the take profit is slightly above the support to make sure we're out of the trade when many others start to come in. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories
TVC:USOILShort
by Trading-Guru
4
NEOBTC - Strong Hidden Bullish RSI Divergence [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy NEO and enter a coin that just started a strong uptrend. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Recent success stories
Long
by Trading-Guru
3
ENJ Preparing For Another Bullish Rally [Support And Resistance]ENJ USDT Here is stuck between a few horizontal areas of support and resistance. Check out the chart to understand what the most important areas are right now, and which lines you should add to yours. The volality is high on ENJ for the 15m and to see this 15% opportunity between clean areas of support and resistance could be a fantastic opportunity. On both sides of the closest support and resistance which I call level 1 on the chart, we can observe a second level zone that strengthens the view the that eventually the price will fluctuate between them. I deliberately added a stop loss below the second level support, that even if it does break through, we give the price some time to recover and be pushed up to the first level resistance eventually. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Recent success stories:
Long
by Trading-Guru
3