The price couldn't break the resistance zone formed by SMA200 and 11 000$ resistance level. We got the price reversal with a further downward movement. The price broke SMA50 and it gave a solid bearish signal. So, what's next? The nearest support zone is at 10 300$ level. If the price bounces from it, probably we will see a new upward movement with a new attempt...
The price moved above 11 000$ resistance and it is a good bullish signal. If we look at the 4H timeframe, we will see a possible buying opportunity based on a trend reversal pattern. If the price breaks SMA200 and the local swing high, it will give us an exact signal for buying. Here is an example of a possible long trade: Buy above 11 185$ Stop below 10...
The long trade is based on an idea where the price stays above SMA200 and the local support level. The price will bounce from this support zone and move upward toward the market high. If the price breaks the support zone, we will have to search for a new trading opportunity. Buy above 0.076350$ Stop below 0.064000$ Profit Target at 0.118500$ Risk per trade must...
The price is at the support zone formed by 56.00$ and SMA200. Now it is the key support zone for the buyers. If the price can stay above this support, we should be ready to see a new upward movement toward the previous market high. If the price breaks the support zone, we will see the further downward movement toward 20.00$ support. As for now, we can try to...
If the price can stay above the support formed by 45.00$ and SMA200, the market will be able to move upward. The breakout above 50.00$ resistance and SMA20 will confirm the strength of the buyers. It will give a new trade opportunity with stop orders below SMA200 and the profit target at 65.00$ resistance zone. If the buyers can't push the price upward, we...
The price bounced from Senkou B line and moved upward. Senkou A and Kijun lines formed the resistance zone. If the price can break this zone, it will be a bullish signal. We will have a new trade opportunity in the direction of the main uptrend. The main profit target will be at 480.00$ resistance. If the buyers can't push the price above the resistance zone, we...
Let's look at Bitcoin using Ichimoku indicator and a trading strategy based on it. The price is moving sideways in the cloud. It tells us about the range market conditions. We have to wait for a breakout. If the price breaks Senkou A line, it will be a bullish signal. The price will be above the cloud and we will have the bullish market. It will give us a new...
I don't understand the majority of traders who search for trading signals services, spend money for buying trading signals, and believe that such an approach will make them rich. I don't understand the strong wish to be dependent on a signal provider and his or her ability to provide quality trading signals for the audience. If we are given something we depend...
The price bounced from the support zone. RSI and MACD confirmed the price reversal. It gives us a buying opportunity in spite of the bearish trend. Here is an example of a long trade: Buy above 76.250 Stop below 76.150 Profit Targets are at SMAs and 76.750 Risk per trade must be no more than 1% of the capital. Disclaimer! This post does not provide...
Do you remember this post ? I wrote about a solid buying opportunity from the support zone. As you can see in the 1H chart the price formed a double bullish divergence at the support zone and it gave us an exact signal for buying. We could open a long position following the breakout above SMA20 with stop orders below the local swing low and the support zone. The...
The price has been moving sideways above 1.17550 support. We have range market conditions and we can buy from the support zone in order to sell at the local resistance. MACD and RSI confirmed the price reversal. The same goes for a reversal candlestick pattern at the support. In order to make our risk/ reward ratio better, we should wait for a pullback and open...
The price couldn't break 11 000$ resistance with the 1st attempt. If we look at the 4H timeframe, we will see that SMA20 acting as a support line. The price reversal from this zone will give us the 2nd attempt to pass through the resistance zone between 11 000$ and SMA200. If that attempt is successful, it will give us a new buying opportunity with the entry point...
The market gives us an amazing opportunity to trade in the borders of a horizontal price channel. We could have 2 profitable trades and now it is the time for the 3rd trade. The price bounced from the support zone and moved up. It gave us a buying opportunity with stop orders below the local swing low and the support level and the profit target at the resistance...
The price bounced from the support zone formed by SMa200 and 1940.00$ support level. RSI and MACD histogram confirmed the price reversal. It gives us a new buying opportunity. Here is an example of a possible long trade: Buy above 1946.15$ Stop below 1935.50$ Profit Target at 1971.50$ Risk per trade must be no more than 1% of the capital. If you think this...
Here is a market that should be added to a watchlist. The price reached SMA200. It is the support line for the market. You could see how the price bounced from this line in the past and moved upward. The same upward movement we can expect this time as well. How can we trade? 1. The price reversal from SMA200 should be used for buying in the hourly and minutes...
What do you think about such a long trade? The trading idea is based on a price reversal from 10.00$ support zone. The breakout above the local downtrend line will give a bullish signal in the direction of the main uptrend. With such upward movement, MACD and RSI will be able to support the buyers. Here is an example of a possible trade: Buy above 12.25$ Stop...
The price broke the upper line of the triangle chart pattern. From TA point of view, we got a bullish signal. The breakout signal can be used for buying if we build a model where the market is going to continue the uptrend. It makes sense and we can search for the exact entry point using the local swing highs in the hourly charts. Stop orders for all long trades...
What do you think about such a long trade? The price bounced from the support zone at 135.00 level. The daily chart looks bullish and we talked about such a buying opportunity based on a reversal signal. The 4H chart gives us an exact trading signal based on a double bullish divergence. It is a trend reversal signal. We can use the current price for buying as...