DLavrov

DLavrov

The price reached the profit target. I wrote about that buying opportunity at 1900$ in this post . What's next? If we look at the daily chart, we will see a breakout above the downtrend line. It gives us a solid bullish signal in the direction of the main uptrend. It means we have a new buying opportunity based on the daily timeframe. Stop orders should be...

DLavrov

The price reached 12 000$ resistance. The previous long position gave us a good profit. I wrote about this trade in this post . What's next? We have a reversal candlestick pattern which confirms the price reversal from 12 000$ resistance. It will be logical if we see a pullback to the important support zones. The 1st support is 11726$ where a reversal signal can...

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The price reached the support zone formed by 1900.00$ support level and the daily uptrend line. We can expect that the price bounces from this zone and we will get an upward movement to the daily downtrend line and 1920.80$ resistance. The price reversal from the support zone can be used for buying. The same goes for a situation if we get a fake breakout. Stop...

DLavrov

The price bounced from 368.50$ support. If the price can stay above SMA200, we will be able to search for buying opportunities based on the price reversals. Now, we can use one of such opportunities and open a long position with stop orders below SMA200 and the profit target at 400.00$ resistance. As a variant, we can wait for a breakout above the local downtrend...

DLavrov

The market gave us several amazing trades which could give us a solid profit. Now, we are not far from a new trade opportunity. The price is not far from the resistance zone formed by the daily uptrend line and 1.18295 resistance level. RSI is going to reach the overbought zone. We will be able to get a solid bearish signal from RSI. If the price reverses from...

DLavrov

The price is close to our profit target. We can fix the main part of the profit and move the stop to the breakeven. If you have no ideas what I'm talking about, please read this post . So, the price is not far from the local resistance zone, what's next? It will be logical if the price bounces from the resistance and we see a pullback toward SMA50. The price...

DLavrov

If the BTCUSD stay bullish, EOS will be able to give us interesting trade opportunities. The price bounced from the support zone and broke the local swing high. It gives us a bullish signal which we can use for buying. At the same time, the price stays below SMA200 and it tells us about the bearish market. If the price breaks SMA200 it will give us a trend...

DLavrov

If we look at the daily chart, we will see the key uptrend and downtrend lines. These lines are important for the market and the price action at these lines will be able to give us good trade opportunities. If we talk about trading based on reversal signal from these lines, we should use 5-15 minutes charts. The market will be able to continue the sideways...

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I want to remind you that the long trade was activated and now it is in profit. The price moved above SMA200 and broke SMA50. The market looks bullish and we can expect further upward movement. If you missed that previous trade opportunity, it will be a good idea to wait for a pullback and open a new long trade with stop orders below SMA200 and the local swing...

DLavrov

The price bounced from SMA20 and moved above SMA50. It gives us a bullish signal in the direction of the main uptrend. In spite of the bearish MACD histogram, MACD lines and RSI are bullish and support a possible upward movement. It is possible to search for buying opportunities using hourly timeframes with the 1st profit target at 395$ and stop orders below the...

DLavrov

The price reached a very interesting support zone. You can see how it worked in the past. During the next week, the reversals signals from the support zone will be good for buying. For the exact trade opportunities, we should use 15m-4H timeframes. If the market gives us a false breakout, we will use it for buying as well. If the price breaks the support zone, it...

DLavrov

I would search for short opportunities in the hourly charts. The market looks bearish in spite of the uptrend. We have new swing lows and highs which are building a new bearish structure. MACD is bearish and supports a further downward movement. All pullbacks and reversal signals will be good for shorting. The main target is 1.16000 support. If we talk about...

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I have no ideas about how the price will act during the next week. But if we talk about a possible model, here is an example of a long trade. The model is based on the price reversal from the support zone with the further upward movement in the direction of the uptrend. If the price breaks the support zone, it will be a new story. Probably the market will give...

DLavrov

I would wait for a reversal signal from the support zone. We could see how many times this zone stopped and reversed the markets and this time we should be ready to use the same bullish setup. RSI is not far from the oversold zone and it will be able to give us a solid bullish signal. MACD histogram is bullish now and it confirms a possible upward movement. ...

DLavrov

The price bounced from the support zone formed by SMA50 and support level. MACD and RSI confirmed the price reversal. It gives us a new buying opportunity. Stop orders should be placed below the local swing low. The profit target is key resistance. Risk per trade must be no more than 5% of the capital. The previous trade, which we opened using the same setup,...

DLavrov

It looks like a little bit crazy trade, but why not? The risk/reward is 3.62 and the market keeps an opportunity to continue the main uptrend. For this, we need to wait for solid bullish signals and only after that open long positions. Why I use the 4H timeframe? If you look at the chart you will see the resistance formed by SMA200 and the downtrend line. The...

DLavrov

If we talk about the price position according to the cloud, we have a bearish market. If we look at the swing highs and lows, we can say about a new uptrend. But it will be better to talk about the bullish market when the price breaks the nearest resistance zone and moves above the cloud. Without it, the market will be able to continue the sideways movement...

DLavrov

The price broke the upper line of the triangle and moved above the cloud. It gave us not only a solid bullish signal but also a trend reversal signal. Now we can say that the market became bullish as the price is above the cloud. What's next? If the price bounced from the cloud, it will be possible to use a reversal signal for buying. We can expect that the...