DLavrov

DLavrov

The buyers couldn't develop the upward movement and the price moved back to 1900$ support zone. In spite of higher highs and higher lows, we have a situation when the market doesn't have the power to move upward. You can compare the previous upward movement when the price reached 2075$ and the current situation. We had the consolidation period above 1900$, a...

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What do you think about such a long trade? The price is going to bounce from the support zone. RSI and MACD histogram can support the price reversal and a further upward movement. Stop orders must be placed below the local swing low and the support zone. The profit target should be SMA200 and the resistance level. Risk per trade must be no more than 2% of the...

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The price couldn't stay above 11 493$ support, and we saw a downward movement. What's next? There is a solid support zone at 11 250$, which can be used with a reversal signal. If the price reaches this zone and we get the price reversal, it will be a signal for buying. You can see the example of such a long trade. Stop orders should be placed below the support...

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From time to time, I can read comments from traders that Technical Analysis is BS, and it doesn't work because of fake signals. I also know traders who don't believe that simple tools can be profitable in the long run. That's why they prefer to use the complicated trading approach as EWT, multi-timeframe analysis with a wide range of indicators and etc. I want...

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It is obvious that we have a resistance zone between 370-380$ levels. The price is trying to break it. If the buyers can keep the price above the resistance, it will be a very strong bullish signal. MACD and RSI are bullish and support the further upward movement. It is possible to open long positions above 380$ with stop orders below 330$. The main profit target...

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The price broke the local high of the previous 2 days and it gave us a solid bullish signal. Those, who opened long positions using trading signals from the hourly charts, now are in profit. Well done! It looks like 12 000$ as the 1st target will be reached. MACD and RSI are bullish and support the further upward movement. If you missed good entry points, you...

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Do you have any ideas how we could catch that amazing upward movement and make tons of profit with that long trade? If yes, share them in the comments below this post. What about the current situation? The higher highs and higher lows tell us that the market is going to continue the uptrend. At the same time the price is at the local downtrend line and we have...

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It looks like the bullish trend will be continued. The price moved above 1900$ resistance and broke the local downtrend line. It gave us a solid bullish signal. MACD supports further upward movement. If the price stays above 1900$ and we have a reversal signal, it will be a good buying opportunity. Stop orders should be placed below the local swing low and 1900$...

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The market should be added to a watchlist. The price reached the key resistance at 16.00 level. We got a bearish candle which confirmed the price reversal from the zone. During the next week, we will be able to search for trade opportunities for shorting. If the price breaks the resistance zone, it will allow us to join the upward movement as well. All trades...

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If we can see a real trend reversal in the 4H chart, such a buying opportunity will be able to give us an amazing profit! What do you think about this trade? Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do...

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The market made a good upward movement from 10 600$ up to 11 500$ within several days. What's next? The price formed a pennant chart pattern in the 4H timeframe. It belongs to a continuation group of chart patterns. If the price breaks the upper line, it will be a solid bullish signal in the direction of the main uptrend. MACD and RSI tell us that the market...

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The price broke the local downtrend line and moved above the cloud. The market became bullish and we could open a long trade following the breakout signal. Now the price is at the local resistance zone. RSI reached the overbought zone and we should be ready to see the price reversal from the resistance with a pullback toward the cloud. If the price reaches the...

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The trading idea based on the price reversal from 1900.00$ failed. Yes, it can be like that! Welcome to the real trading! So, what's next? How should we trade in this market if the price broke the solid resistance? I'm going to offer you several options based on the price action at other important zones. The price is not far from the resistance zone formed by...

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The price reached the resistance zone formed by SMA50, the local downtrend line, and 11 000$ resistance level. We have to watch for the price action in this zone as the breakout will give us a new buying opportunity. Long trades can be opened in the direction of the main bullish trend in the daily and hourly charts. Stop orders should be placed below the local...

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The price moved above SMA200. We got the price reversal from the support zone formed by SMAs. It gives us a buying opportunity. MACD and RSI are bullish and they support a further upward movement. If the price can stay above SMA200 and the local uptrend line, we should be ready to trade in the direction of the uptrend. Disclaimer! This post does not provide...

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The price is moving toward the support zone formed by SMA200 and 1.32000 support level. What does it mean? It means that the price action at this zone will be interesting for us. The market will be able to give us trade opportunities in both directions. If the price bounces from the support zone and RSI confirms the price reversal, it will be a buying...

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The price reached the support zone formed by the cloud and the local uptrend line. If we get a reversal signal, we will be able to use it for buying. The market is bullish and it is better to search for buying opportunities. If the price breaks the support zone and moves below the cloud, it will be a solid bearish signal. But there is no much space for the...

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If we look at the 4H chart of Ethereum using Ichimoku indicator, we will see a bearish market with the potential to reach 320$ and 300$ support zones. The price is below the cloud and it is moving down. It confirmed the downtrend. DMI is bearish and ADX line confirms the strength of the bears. If the price breaks 334$, which is local support, we will see the...