The price bounced from 10 000$ and continued the upward movement. The long positions opened based on reversal signals from the support zone are in profit now. The same goes for long positions that were opened based on a breakout above SMAs and the local resistance. I wrote about possible buying opportunities in the previous posts using the hourly and minute...
What do you think about such a short trade? The idea is simple! If the price tries to test the resistance zone one more time, the reversal signal will be used for opening short trades. The daily chart looks bearish and the short positions will be opened in the direction of the higher timeframe. It will be great! Estimates entry and exit points: Short below...
After a strong upward movement, the coin started a correction. The price reached 33.50$ level and now it is a new resistance zone. If we talk about possible buying opportunities, I would like to draw your attention to the support zone formed by 26.00$ support level and SMA50. If the price reaches this zone and we get a reversal, it will be possible to open long...
The market gives us a unique opportunity to trade in both directions. We have 2 possible models where the buyers and the sellers will be able to catch a price movement depending on an exact trading signal. If the price bounces from the Bollinger Band and a support level, it will be a new buying opportunity with stop orders below the local swing low and the...
If we look at the price action at the support, probably we should change our bearish plan into the bullish one. The market gives us a doji candle above the support zone formed by SMA20 and 10 000$ support level. In the daily and hourly timeframes, we could see failed attempts to break this zone. If during this week the sellers also fail with this task, the weekly...
What do you think about such a long trade? The price bounced from the support zone and moved above SMA20. If the market can move upward, we should try to catch that movement. The breakout above SMA50 will give us a buy signal. Here is an example of a possible long trade: Buy above 1.92750 Stop below 1.90950 Take Profits are at SMA200 and 1.99500 Risk per trade...
The daily chart shows the bullish trend. If the price breaks SMA200 in the 4H timeframe, it will be a buying opportunity in the direction of the main trend. Here is an example of a long trade: Buy above 1.56650 Stop below 1.55350 Profit Target at 1.59560 Risk per trade must be no more than 1% of the capital. Disclaimer! This post does not provide financial...
The price bounced from SMA200. The buyers showed one more time that they are not ready to push the price upward. What's next? The price reached the support zone formed by SMA50 and 360.00$ support level. If the sellers can break this zone, it will be a solid bearish signal. We should be ready to see a downward movement with the main target at 300.00$ support....
The Gold will be able to provide interesting trade opportunities during the next week. The price is moving sideways in the borders of a triangle chart pattern. It tells us about the consolidation period which will be replaced by a new price movement up or down. If the price breaks the upper border, it will be a bullish signal in the direction of the main trend....
The price is going to reach the support at 1.90000 level. If you look at the previous attempts to pass through that zone, you will see 2 good buying opportunities. What about the 3rd attempt? If the price bounces, there will be new buying opportunities in the daily and hourly timeframes. RSI reached the overbought zone and it will be able to support the price...
Here is the pair which should be added to a watchlist. During the next week, we will be able to get trade opportunities in both directions. In the previous post, I wrote about a possible short term downward movement and how to catch it. The main goal for sellers will be the strong support zone in the daily chart. The price reversal from 0.90100 support zone will...
The price reached the support zone formed by SMA50 and 12.00$ support level. If there is a reversal signal, it will be a buying opportunity with the stop orders below the local swing low and the support zone and the profit targets at SMA200 and 18.00$ resistance. If the price breaks the support zone, we should be ready to see a downward movement toward the next...
The price is testing SMA50 as a possible support line. It is the same zone where SMA200 is supporting the price in the 1H chart. If the price can stay above 10 250$, we should be ready to see an upward movement toward SMA200. It is the zone between 11 000 - 11 250$. The price reversal from SMA50 will be able to give a buy signal with stop orders below the local...
What do you think about such a buying opportunity? The price bounced from SMA200 and we god a reversal signal. RSI and MACD histogram confirmed the price reversal. It gave us a trade signal in the direction of the bullish trend. I missed the right entry point but it is possible to wait for a pullback or open long positions using the current prices. Here is an...
The price is moving sideways above SMA200. It gives us a possible buying opportunity based on a reversal signal from this line. Stop orders for long positions should be placed below 2.50$ support. The breakout above the local downtrend line and 3.00$ resistance will confirm the strength of buyers. The breakout signal also can be used for opening long positions....
The price reached the resistance zone formed by 360.00$ level and SMA20 and SMA50. This zone doesn't allow the price to continue the upward movement after the reversal from 300.00$ support zone. If the buyers can't push the price above SMAs, probably we will see the price reversal with the further downward movement toward 300.00$ support again. The reversal...
The price bounced from the support zone formed by SMA200 and 18.00$ support level and moved to the resistance zone. That upward movement was rather weird as Bitcoin and other top altcoins moved sideways and we could expect the same movement of Binance Coin. The price reversal from the support zone gave us a buying opportunity. If you could catch that reversal...
The price reached the support zone formed by SMA200 and 1.28000 support level. If the market stays above this zone, we should be ready to use reversal signals for buying. The exact trading signals will be in the daily and hourly timeframes. RSI is not far from the oversold zone and it will be able to give us a solid bullish signal. The same goes for MACD...