DLavrov

DLavrov

The price bounced from the resistance and moved downward. We talked about such market movement, and now it is the right time to think about buying. The exact entry points should be based on your exact trading plan. I'm going to combine two types of trading in this market - long term trading and swing trading. The price reached the support zone formed by 4.50...

DLavrov

The weekly chart gives us a reversal candlestick pattern. It is a bearish signal. The same goes for RSI and MACD histogram. They confirm the price reversal. MACD lines and DMI support buyers as they provide bullish signals. But it will be logical if the price continues the upward movement after a pullback. This pullback is possible, and it will be able to...

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The weekly chart looks good for buyers. The main reason is, the price is at the support level, and we have a reversal candlestick pattern. RSI confirmed the price reversal. The market has room for upward movement. We have a possible buy opportunity. We can use the weekly chart to open long positions or use lower timeframes. If we use the lower charts, it will be...

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Here is another interesting market for the next week. Why is it interesting? The price reached the support zone at 0.83000. The price bounced from this zone in December. This time we also should expect a possible reversal with an upward movement to the main downtrend line. The reversal signal will give us a buy opportunity in the hourly charts. If we look at...

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The market is going to develop a downward movement during the next week. It will be able to give good sell opportunities based on different timeframes. If we look at the daily chart, we will see at least two strong bearish signals. The Head and Shoulders chart pattern tells us about a trend reversal. The price broke the signal line of the pattern. The breakout...

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What's new in the main crypto market? From my point of view we have nothing interesting. The price broke 10 000.00 the key level. Now we should wait for additional signals supporting the upward or the downward movement. The price can continue consolidation at 10 000.00 level and without additional signal, it will be difficult to say in which direction the market...

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If Bitcoin falls, the EOSUSD market will be able to move downward as well. The price can bounce from 5.50 level. RSI is going to confirm the price reversal. The same goes about MACD histogram. The downward movement will be good for the market and it will allow to get good trade opportunities. We should wait for reversal signals from 4.50, 3.70 support zones as...

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The market gave us a bearish candle, which belongs to a reversal group of candlestick patterns. RSI confirmed the price reversal in the overbought zone. MACD histogram supported the price reversal as well. We have bearish signals in the market, which looks overbought. What does it mean? It means that a pullback to SMA100, SMA200, and key support zones will be...

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It was cool! The upward movement to 280.00 allowed us to make a good profit. But what's next? If you skipped buy opportunities based on reversal and breakout signals below 200.00, now you need to think about how to join the uptrend. The market is bullish, and buying is logical in this market. But how to do it properly? The price reached the resistance zone. We...

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The price broke the support zone between 1.09000 and 1.08750 and moved lower. It gave us a bearish signal and confirmed the main downtrend. If we look at the whole picture using the daily chart, the market is bearish. DMI confirms the strength of sellers. MACD histogram and lines support the further falling. The market is bearish, USD is strong, but in spite of...

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The trading idea is based on a reversal signal from the support zone. If the price breaks the local downtrend line, it will be an additional bullish signal. The market will provide us a buy opportunity. RSI confirms the price reversal. MACD histogram supports the price reversal and further upward movement. MACD lines are going to support buyers as well. I...

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Let's look at the bigger picture. For this, I offer to use the weekly timeframe and the downtrend line from the monthly chart. When the price broke the local downtrend line, it gave us a buy signal in the direction of the main uptrend. The market moved upward, and we still have this impulse wave. It is still active. Based on the weekly chart, this wave keeps the...

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Market situations can be changed very quickly in any market. When we talk about crypto, sometimes unpredictable and far from logic movements are the part of the reality. Yesterday I wrote about a possible reversal from 10 000.00 resistance and supported my idea by bearish signals from the chart and indicators. Today, we have a new situation just only because of...

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The price reached 70.00 support zone. The price action in this zone will be able to give us a trade opportunity. If the price bounces, it will be a possible buy opportunity with stop orders below 70.00 and profit targets at 72.00 resistance and the downtrend line. Search for buy signals using the hourly timeframes. If the price breaks the support zone, it will...

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The trading idea is based on a bearish divergence, which gives us a trend reversal signal. The price bounced from the resistance zone. RSI confirmed the price reversal. MACD supports further downward movement. DMI does not confirm the strength of buyers. We have a sell opportunity. Entry Price: below 1.32800 Stop Level: above 1.33360 Profit Level: at...

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The price tried to break the key resistance at 10 000.00 level. If the daily candle has the close price at the current levels, we will be able to talk about a reversal from the resistance. The market is going to give us a reversal candlestick pattern. RSI is going to confirm the price reversal. MACD lines and histogram will be able to give us solid bearish signals...

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We could sell when the price bounced from SMA100. We could see when the price broke 1.10000 support. Now, the market keeps falling, and it is too late to catch this movement. If we search for a new trade opportunity, it will be better to wait for a reversal signal and buy. The market will correct the downward movement, and the pullback should be our chance to...

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You can add this market to your watch list as it will provide a trade opportunity soon. The price reached the support zone at 120.00 level. The price action in this zone will be able to give us a buy signal if the price bounces from the support. Search for better entry points using the hourly charts. If the price breaks the support zone, it will be a sell...