The price reached a strong support zone, and we can expect new buying opportunities during the next week. You can look at the past price action at this support. We had 3 attempts to breaks the support, but every time the price bounced, and the market moved upward. This time we can expect to get a new reversal or a false breakout. It will be possible to use these...
The price reached the support zone at 10 000USD. We got a reversal signal in the 4H chart. RSI and MACD confirmed the price reversal. It gives us a new buying opportunity. Here is an example of a long trade: Buy above 10 350USD Stop below 9950USD Profit Target at 11 450USD. Risk per trade should be no more than 5% of the trading capital. Disclaimer! This...
Here is another trade opportunity that is based on the price reversal from the support zone. If we look at the 1H chart, we will see how the price bounced from 370.00USD level. RSI and MACD confirmed the price reversal. DMI is bearish, but ADX line is moving down. It is a signal that the sellers are not so strong right now. It gives us a good buy signal. We could...
If we look at the daily chart of Ethereum, we will see a possible trend reversal structure. The price bounced from 450USD resistance. The sellers are in control of the price today as well. We have a strong trend reversal signal based on a double bearish divergence. DMI is bullish, but ADX line is moving down. It is a signal that the buyers are not active, and they...
The price bounced from 12 000USD and moved back to 11 000USD. It is the support zone formed by SMA50, the weekly uptrend line, and 11 000USD support level. The price action in this zone will show us further market movement. If the price breaks the support zone, it will open the road to the next support zone formed by SMA100 and 10 000USD support. It will probably...
Here is another trading opportunity against the local downtrend. The price bounced from the support zone. RSI and MACD confirmed the price reversal. The price has room for upward movement. Buy above 1.61990 Stop below 1.61360 Profit Target at 1.63450 Risk per trade must be no more than 2% of the trading capital. Disclaimer! This post does not provide...
The short trade is based on a trend reversal signal. The price broke SMA100, and it gives us a solid bearish signal. MACD and DMI tell us about a possible downward movement. Here is an example of a short trade: Sell below 0.67335 Stop above 0.67575 Profit Target at 0.66710 Risk per trade must be no more than 1-2% of the trading capital. Disclaimer! This...
I wrote about a possible buy trade before a new upward movement. The idea was based on a breakout above SMA100 and the continuation of the bullish trend after the consolidation. The trade is active now, and it has the following entry and exit points: Entry above 11739.50USD Stop below 11 400USD Profit Target at 12 485USD Risk per trade must be no more than 5% of...
I think this week will be bullish for the pair. At least from TA point of view, we have a bullish setup based on a bullish divergence. It gives ys a trend reversal signal at the support zone. Also, we can follow bullish signals from MACD and RSI. If the price breaks the local downtrend line, it will be another bullish signal. We can use the breakout for buying....
The previous short trade was closed by stop. The idea behind that trade was based on a reversal from the resistance zone. The price broke the resistance, and we saw a strong upward movement. The market gave us trade opportunities to join the uptrend following reversal signals from MAs. Now we have a possible buying opportunity after that correction. If the buyers...
If we look at the 1H chart, we will see a bearish trend. The price is below SMAs with period 100 and 200, and they are moving down. You can also see possible short setups that are based on the reversals from the MAs and breakouts below the local uptrend lines. It gives a trade opportunity not only in the exact market conditions but in any market and timeframe....
The price bounced from 1.19200 level. The 2nd attempt also did not allow to make a new swing high. The price is forming a double top chart pattern which belongs to a reversal group of patterns. If the buyers can't pass through 1.19200, it will be a possible trade opportunity. Yes, a short trade looks risky, but at the same time, we have a bearish divergence. It...
What do you think about such a short trade? There are following bearish signals which can support the sellers. The price reached the resistance zone at 126.00 level. RSI reached the overbought zone, and it is going to confirm the price reversal. MACD histogram is bearish, and it is supporting the further downward movement. Here is an example of a possible...
The super-profitable long trade could change everything! From time to time, different financial markets give traders amazing trade opportunities. Crypto, Gold, Oil, S&P500, and other markets allowed us to gain tons of money by following simple setups available for everyone. For those "traders", who prefer to follow instruction from signal providers, maybe it is...
The daily chart clearly shows us where is the perfect zone for buying. The price broke SMA20, and it looks like the downward movement will be continued. The 1st target is SMA50. If the price breaks it as well, the next support zone will be able to provide the reversal signal. This zone is formed by 10 500USD and 10 000USD levels. It includes SMA100 as well....
What do you think about such a buying opportunity? We have the range market conditions where the price is at the support zone. The price reversal from this zone allows us to open long positions. RSI and MACD support a possible upward movement toward the previous market highs. Here is a possible long trade: Buy above 1.07430 Stop below 1.07165 Profit Target at...
The price is forming a double top, which gives us a trend reversal signals. The same goes for a bearish divergence. MACD is bearish, and it is supporting a possible downward movement. RSI confirmed the price reversal in the overbought zone. DMI is bullish, but ADX line is moving down. It tells us that the buyers are not s strong right now. Here is an example of...
What do you think about such a short trade? The price reached SMA200, which is acting as the main trend line. If the price breaks it, we will get a trend reversal signal. The trade looks rather risky, and we can easily exit from the market by stop. But if the price continues the downward movement, we will be able to get a good profit. Here is an example of the...