DLavrov

DLavrov

The price reached SMA200 and bounced from it. We got a buying opportunity based on the reversal signal in the direction of the main uptrend. Is it possible to buy following the reversal signals? Yes, why not? If your trading strategy has such an option and you use reversal signals from MAs, you have all rights to open a new long position. I prefer to wait for a...

DLavrov

The price bounced from 140.00 resistance. The price action at this zone allows us to trade following a reversal signal or wait for a breakout. In the exact situation, I think short trades look logical. MACD and RSI are bearish. DMI doesn't tell us about the strong buyers. If the price moves up to retest the resistance, we will be able to get a better entry...

DLavrov

The price broke SMA20 and could not move above it. We got a strong bearish candle, which tells us that the sellers are in control of the price. If we talk about TA, of course, it is a solid signal supporting the further downward movement. If we combine this bearish signal with a trend reversal signal based on a bearish divergence, we will have a market with a...

DLavrov Updated 

Here is my trade. The price gave a reversal setup at 11 500USD support zone. RSI is going to confirm the price reversal. The same goes for MACD histogram. The reversal candlestick pattern below the bottom band gives another bullish signal. Buy above 11 580USD Stop below 11 495USD Profit Target at 11 795USD. Risk per trade is no more than 3% of the capital. If...

DLavrov

How to trade the pair? Should we buy follow the main bullish trend in the daily timeframe? Should we sell following the trend reversal signal based on a bearish divergence? Let's look at the 1H and try to plan possible trades. If you want to be a part of the bullish team, you should wait for a breakout above MAs. After a retest SMA100 or SMA200, it will be...

DLavrov

What do you think about such a trading idea? If the price breaks SMA200, it will be a trend reversal setup. The daily chart supports a possible downward movement. The 1H chart gives us bearish signals from RSI and MACD. Here is an example of a possible short trade: Sell below 1.09615 Stop above 1.10025 Profit Target at 1.0875 Risk per trade must be no more than...

DLavrov

Here is an example of the market review based on the simplest tools of TA as lines and levels in combination with the 4H timeframe. The price has moved up in the borders of the price channel. The local high was 12 500USD, where we got the price reversal from the resistance zone with the further downward movement toward the main uptrend line. The price bounced...

DLavrov

It is not a good time for swing trading. The previous upward movement was not continued, and the price moved back in the borders of the price channel. The resistance zone between 11 900USD and 12 000USD doesn't allow the buyers to push the price up. The support zone between 11 700USD and 11 600USD doesn't allow the sellers to the price down in the direction of the...

DLavrov

In this post , I wrote about selling opportunities at the resistance zone. Today, I would like to share with you the exact trading signals, which we could use in the direction of the daily chart. The 1st short trade we could open following a bearish divergence. It is a trend reversal signal, and I posted a lot of examples using this setup. It is rather simple,...

DLavrov

Yesterday, I wrote about a strong bearish signal from the daily chart. You can read the details in this post . If we look at the 4H timeframe, the price reached the support zone formed by the local uptrend line and SMA100. The price action at this zone will be able to give new trade opportunities for buyers and sellers. If the price bounces from the support...

DLavrov

You can provide a lot of arguments supporting further uptrend, and probably the market will stay bullish. But the fact is, the price formed a bearish divergence with RSI and MACD histogram. It is a solid trend reversal signal which we have to take into consideration. If the price breaks the local uptrend line, we should be ready to see a downward movement toward...

DLavrov

The buyers could not keep the price above 12 000USD. We got a false breakout with a further downward movement toward SMA20. Now, this line is acting as a support, and if the price breaks it, we will get a solid bearish signal. The road to 10 000USD will be opened. If we look at the daily chart, we also can see a bearish divergence. It is a solid trend reversal...

DLavrov

We have a new buying opportunity from 0.90100 support zone. The market is forming a reversal candlestick pattern. RSI confirmed the price reversal from the support as well as MACD histogram. Here is an example of a possible long trade: Buy above 0.90450 Stop below 0.89950 Profit Target at 0.91950 Risk per trade must be no more than 1-2% from the capital. ...

DLavrov

The price reached 0.66500 round number and we can expect a pullback from this zone. The bearish candle tells us about the reversal. RSI confirms it in the overbought zone. MACD histogram supports the sellers. In spite of the strong bullish signal from DMI, the market is overbought. We have a possible selling opportunity. Here is an example of a possible short...

DLavrov Updated 

Here is another weird movement from the BTCUSD market. This time the sellers could push the price downward. The price broke SMAs and 12 000USD support and reached 11 800USD. This level is acting as new support for the market, and we can open long positions from this zone following the reversal signal. The price bounced from 11 800USD, and we have the bullish...

DLavrov

If we talk about the coin using TA only, the market gives us a trend reversal signal based on a bearish divergence. The price reached 450USD resistance. RSI and MACD confirmed the price reversal from the resistance. MACD is supporting the further downward movement as well. DMI is bullish, but ADX line is moving down. It tells us that the buyers are not so...

DLavrov Updated 

The price broke SMA200 as strong support and the key trend line. It gives us a trend reversal signal. The daily timeframe looks bearish as well and we can expect a new downtrend to 0.62000 and 0.64000 support levels. It is possible to use a reversal signal from SMA200 and 0.66000 resistance zone, if the price retest this zone one more time. It is possible to use...

DLavrov Updated 

The trading idea is based on the price reversal from 0.90500 support. The sellers couldn't break the resistance. They had 2 attempts and failed. Probably, the 3rd attempt also will fail, and we will get a good buying opportunity. Here is an example of a long trade based on the reversal signal. Buy above 0.90775 Stop below 0.90350 Take Profit at 0.92000 and...