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.
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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:
Quickupdates
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
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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:
The Horrors of Charting Low Sat Coins [Quick Updates]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Uhhg. I absolutely hate charting really low sat coins. Incredibly thick orderbooks, very difficult to draw lines or do proper technical analysis. Quick question to the community, do you have any tips for charting such coins under say 500 sats? Any tricks I should know of or that you would like to share to others?
The upside of the low sat coins is that every sat increase is incredibly good for your portfolio, as the relative percentage gains per trade are massive. That's why I will attempt a nice long position here on TRXBTC using support and resistance levels.
--- 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.
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
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Recent success stories
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:
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
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
LINK Reaches Moment Of Decision Making [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We see an interesting pattern here on LINK, where the price is about to hit a horizontal support zone, leading to an important decision moment.
1) On a shorter timeframe (left chart) we see a relatively weak support zone. The price has already spiked down a few times, leading to an ultimate rejection but breaking through the support first. The price has also not been able to rise much after it got rejected, meaning the bears are constantly pushing the price down.
2) On a larger timeframe (right chart) we see that there is a much stronger support zone, where LINK might find more proper support if it decides to do break through this zone and reach lower areas. This is a more interesting area to go LONG for LINK BTC.
--- 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
AUDCAD Is Going To Finally Choose Direction [QUICKUPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Here on AUDCAD we are seeing two bearish signals:
1) The price just hit a horizontal resistance area
2) We see a bearish RSI Divergence
Bullish Scenario - If AUDCAD manages to break through the resistance, there could be a large spike up. It will finally release all the bulls out of their cage and the price broke through the ceiling. This can lead to rapid price improvement.
Bearish Secnario - This scenario is the most likely as there are many bearish signals at the moment. The price will temporarily stay high, fail to break through the resistance and the bears will pull the price down to more sustainable levels.
--- 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:
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
RSI Bullish Divergence Detected on QTUMBTC [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We can see the RSI here making a higher low, while the price is making a lower low. This is an indication of reduced momentum, showing that bears are struggling to push the price down. This unsustainable push will lead to an increase in price by creating more momentum for the bulls.
This can lead to a great scalping opportunity. Don't expect huge gains here, but use it as a way to identify a short term reversal. You have to take into account that we're on the 15m timeframe.
--- 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!
This One Is For All You Fib Lovers Out There [Quick Updates]Hey all, the Trading Guru is back with another entry on the new series called 'Quick Updates'.
We can see this beautiful 0.382 fib retracement on AUDNZD (see the left side). The price already bounced off once very cleanly on the .382 level. Since the overall trend has a clear reversal on a higher timeframe (see the right side), it is expected that the price continues this larger reversal after making a small retracement on the 15m.
--- 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
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Support Zone for BQXBTC - 14% Trade Opportunity! [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We see here that BQXBTC has just reached it's support zone. This could be a great indication of a trend reversal, bouncing back towards the area of previous resistance. BTCUSDT has been massively on the move recently, pulling all alts dry. Once the upwards trend of BTC stabalises, I expects alts to recover, and for BQX this will lead to a nice opportunity of bouncing to earlier resistance levels.
--- What is The Quick Update Series All About? ---
I am starting a new tag 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!