DLavrov

DLavrov

The price is moving back toward the key uptrend line. The price action at this zone will be able to give interesting trade opportunities in both directions. If the market gives us reversal setups in the hourly timeframes, it will be possible to buy. If the price breaks the uptrend line, it will be possible to short following a breakout signal or use a reversal...

DLavrov

The price bounced from the support zone formed by SMA200 and 455.20$ support. RSI confirmed the price reversal and the same goes for MACD histogram. It gives us a buying opportunity. Stop orders must be placed below the local swing low and the support. The main profit target should be at 477.25$ resistance. Disclaimer! This post does not provide financial...

DLavrov Updated 

The price broke the upper line of the triangle and gave us a false bullish signal. After that, we could see a downward movement toward the local support zone. What's next? We should watch for the price action at 2.45$ and 2.40$ support. Any reversal signal, supported by reversal candlestick patterns and bullish signals from MACD and RSI, can be used for buying....

DLavrov

Watch for the price action at 16 000$ support. If the price bounces from the support, it will be possible to open a short term long positions with the profit targets at 16 500$ and 17 000$. For buying, it will be better to use the exact reversal setups in the 15m, 30m, and 1H timeframes. If the price breaks the support and moves below SMA50, it will be a bearish...

DLavrov

In this post , I wrote to you about a possible buying opportunity at the support zone. If you could use the right knowledge of how to trade trend reversals, you would open a long position and make a nice profit. You can see the example of the profitable long trade. Knowledge is the Superpower, don't you think so? What's next? The price reached the resistance...

DLavrov

The price reached resistance. We can fix at least the part of the profit from this trade . What's next? I don't think that the buyers will break the resistance and stay above 16 000$. I think another pullback toward the uptrend line and a new attempt to break 16 000$ will be a better idea. We have to watch for the price action at the resistance and the uptrend...

DLavrov

The price is moving sideways in the borders of a triangle chart patterns. It tells us about a consolidation period before a new price movement. If the price breaks the upper line of the triangle, it will be a bullish signal. We will be able to open long positions with stop orders below the local swing low and the profit target at the resistance. Disclaimer!...

DLavrov

The price bounced from the support. It gave us a new trade opportunity. We could use a reversal signal for buying. Stop orders for long trades must be placed below 1848$. Profit targets should be at the daily downtrend line and 1900$ resistance. Risk per trade must be 1-2% of the capital. RSI confirmed the price reversal. MACD histogram is going to support an...

DLavrov

Let's pump Bitcoin! We can see that the price is forming a triangle chart pattern with the key resistance at 16000$. We can use a reversal signal from the uptrend line and open a long position. Stop orders must be placed below the local swing low and the trend line. The main profit target should be at the resistance. Risk per trade must be no more than 5-10% of...

DLavrov

The price is moving sideways in the borders of a triangle chart pattern. It tells us about the consolidation period. What's next? If the price breaks the resistance line, it will be a bullish signal. The bulls will try to reach 470$ resistance again and break it. The uptrend will be continued. If the price breaks the support line, it will be a bearish signal....

DLavrov

The price reached the support zone between SMA200 and 0.88635 support level. We should watch for the price action at this zone as it will be able to give us a good trade opportunity for buying. I would search for the exact entry points using trading setups such as reversal signals from support, bullish divergences, reversal chart patterns in combination with the...

DLavrov

Knowledge is the superpower, and if you know how to trade, you can get a lot of benefits from it. You don't need to wait when someone tells you when to open a long position and when to open a short position. You watch for the price action and use simple setups for your own trading. You trade markets you want and in timeframes that suit your lifestyle. I would...

DLavrov

The buyers couldn't break 16 000$ resistance. We have a double top chart pattern that belongs to a reversal group. If the price breaks the swing low between 2 tops, the pattern will be confirmed as a trend reversal. MACD and RSI give bearish signals. At the same time, we have a bullish trend. It is a good idea to watch for the price action at SMA50. If the price...

DLavrov Updated 

The price bounced from 1.16000 support and moved upward. The price reversal gave us a good buying opportunity and now it is the right time to fix the profit. What's next? We can see that the price is going to bounce from a resistance zone formed by the uptrend line and 1.19085 resistance level. You can see how the price moved at this trend line in the past. It is...

DLavrov Updated 

I'm holding a long position opened above 400$. I wrote about such a trade in this post . From my point of view, Ethereum looks much more interesting than Bitcoin. The bullish trend in ETHUSD gave us a good entry point after the correction movement. Bitcoin ignored a correction and moved toward 16 000$. We should\t buy at tops. Ethereum looks better if we talk...

DLavrov

The price is going to break the local support zone. If we get a false breakout, it will be possible to see a new attempt to reach 16 000$. But I think a downward movement toward 14 000$ looks logical. If we get a breakout below the support, it will be a bearish signal. Those, who try to short the market will have their profit targets at 14 000$ support. MACD and...

DLavrov

I wrote about long trade for EOS as well. You can read about such trades in this post . The price broke 2.40$ support but bounced from 2.20$. In the hourly timeframes, you could use a good bullish signal for buying. Now the price is not far from SMA50 which can stop the upward movement. If we get a pullback toward 2.40$ we will be able to use it for buying. The...

DLavrov

The price broke the local downtrend line and moved above SMA50. It gives us a new bullish signal in the direction of the main uptrend. MACD lines and histogram are bullish and they support further upward movement. RSI confirmed the price reversal from 1848$ support and now it is bullish. How to trade? I would like to use the hourly timeframes and trend...