The price has been moving in the borders of the horizontal price channel for several months. Now we can expect a reversal from the support zone and it will give a possible buying opportunity. The exact trading signals we should search for using the hourly and minute timeframes. If the price breaks the support zone formed by the bottom line of the price channel...
If we talk about the best coin with good potential, I think it is about Ethereum. It is a solid altcoin with a good reputation as Bitcoin, and it can give much more % of profit with the bullish trend than Bitcoin. The daily chart shows us the price reached the resistance zone formed by SMA20, 360.00$ resistance level, and the local downtrend line. It is a very...
The price bounced from SMA200 and moved above 10.00$ resistance. If the buyers can push the price above SMA20 as well and a new swing low is higher than the previous one, we will get a new upward wave in the direction of the main trend. The breakout above SMA20 will give us a new trade opportunity. Here is an example of a long trade: Buy above 11.35$ Stop below...
This is another market that looks interesting for buying, of course, if Bitcoin doesn't move downward. The price bounced from 0.025$ support and broke the local downtrend line. MACD and RSI are bullish and support a possible upward movement. If the price can move and stay above SMA20 and SMA50, we will get a possible buying opportunity. Here is an example of a...
The price has been moving in the borders of a triangle chart pattern. If the resistance zone formed by the local downtrend line and 10 750.00$ resistance level will be broken, we will get solid bullish signals based on the chart pattern and the bullish signal from Ichimoku. Now the price is trying to pass through the cloud and we can't say that the market is...
It is a trading setup that is based on a breakout above the nearest resistance zone. The price moved above SMA200 and we can expect a new uptrend. For this, the price will have to move above26.00$ and stay above SMA200 in the 4H timeframe. Here is an example of a long trade: Buy above 26.25$ Stop below 23.75$ Profit Target at 33.00$ Risk per trade must be no...
If we look at the weekly chart, we will see the price has been moving in the borders of a triangle chart pattern. We can use this information for trading inside the patter and wait for a breakout for adding more positions. It is obvious that 2.00$ support zone is good for buying. We can use a reversal signal from this support and open long positions with stop...
It looks like the price is going to reach a support zone between 1.14000 support level and SMA200. We got a breakout below SMA50 in the daily chart. It gave us a solid bearish signal. MACD and RSI are bearish and support the further downward movement. The weekly chart gives us a solid bearish signal based on the reversal candlestick pattern from 1.20000...
The bears couldn't break the key support zone. The price bounced from 10 000$ support and made a good upward movement. If the close price of the daily candle is at the current level or higher, we will get a reversal candlestick pattern. It will be a bullish signal in the direction of the main trend. MACD and RSI will support the further upward movement where the...
The price reached SMA200 in the daily chart and it means that we should watch for the price action at this zone. If the price bounces from MA it will be a good buying opportunity in the daily and hourly timeframes. Stop orders for long positions should be placed below SMA200 and the local swing lows. Profit targets should be resistant levels. The alternative is...
The price reached SMA100 which can stop the downward movement. The reversal signals from this zone will be used for buying. We can search for exact trade opportunities using different timeframes. If you expect a further downward movement, you should wait for a breakout below SMA100. After that, the road toward SMA200 will be opened. MACD and RSI are bearish now...
The price reached the support zone formed by SMA200 and 3230.00$ support level. The market gives us a bullish divergence which is a solid bullish signal. If the price bounces from the zone, the 1H, 15m, and 5m timeframes will be able to provide interesting trade opportunities. If the price breaks 3300.00$ resistance, it will confirm the strength of the...
The price reached 10 400$ support zone and in the 1H chart, we can see how it holds the market. If the price can stay above this zone, it will give a possible buying opportunity. The breakout above the local swing high will give the exact entry point. The buyers will try to reach 11 000$ one more time. If we talk about a possible long trade, it is based on the...
The price broke the local downtrend line. It gives a bullish signal and the idea that the market is going to move upward. The price reversal from SMA200 we could use for buying if we talk about trading in the daily chart. The same goes for the breakout above the downtrend line. But we also can search for buying opportunities using the hourly and minute charts. We...
The price broke the local support and SMA50. It gives a solid bearish signal and we should expect a downward movement against the main uptrend. RSI and MACD are bearish and support the downward movement. The price will be able to reach SMA200 which is a good profit target. How to trade? Search for trend following setups in the hourly and minutes timeframes. Open...
The price has been moving sideways around the support zone. Yesterday, we could see the breakout below SMAs and 1920.80$ support. It gave us a bearish signal. It means that the downward movement probably will be continued. MACD and RSI are bearish and they support such an idea. If the price breaks the low of the previous bearish candle, it will be another solid...
The market looks oversold and it is just the question of time and the support zone where we will get a reversal signal. If the price can stay above the local support at 1928.20$ level, the reversal signal from this support will be used for buying. RSI reached the oversold zone and it will be able to support the price reversal and a further upward movement. If...
The price reached the support zone. How we should trade at 1.17550 level? We have 3 possible situations when we will have reasons to open long or short trades. If the price bounces from the support zone, it will be a good signal for buying. RSI reached the oversold zone and it will give a strong bullish signal. Stop orders for long positions should be placed...