DLavrov

DLavrov

Market Conditions The market is bearish. We have the downtrend and a correction movement to MAs and the major resistance area. Valuable Areas The nearest resistance is 20MA where we should be ready to see a reversal in the direction of the main trend. If the price moves higher, the resistance area around $250 will be able to stop the bulls. Trade...

DLavrov

The price is moving back to the key support. The price action between $1000 and $800 will be able to provide us trade opportunities and show a direction for the further market movement! I’m going to surprise you, but we have 2 possible models! Bullish Model The price reverses from the support and gives us trade opportunities for buying through bullish setups...

DLavrov

The price stayed above $20 000 during the weekend and we can consider it as a bullish sign. RSI and MACD support the bullish sentiment and the further market movement will depend on the Stock market and the main Indices. I would consider 2 models, as usual. Bullish Model We need to keep the price above $20 000. Any reversal and false breakout signals...

DLavrov

I want to share with you the truth about trading, which «gurus» prefer to keep in a secret. Guys, do you know that nobody knows how the market will move and where the price reverse? That’s all) Okay, if you need more details, please read my arguments. 1. Every market is a very complicated «system». There are many different traders, investors, trading bots...

DLavrov

In this post I wrote about the true bottom around $1000. But I was wrong thinking like that. It looks like the true bottom will be below $1000. If we look at the daily chart, we will see a possible bullish setup. The bears couldn’t push the price below the key support. The bullish candle tells us about a reversal. RSI and MACD histogram confirm it. We...

DLavrov Updated 

What a wonderful dump! The market gives one more time the priceless knowledge and experience to everyone. But not everyone is ready to use this stuff properly. For some traders, investors, crypto enthusiasts their dreams and wishes are more important than the reality. I read so many times about «We move to the Moon», «Bitcoin at $100 000», «Bitcoin will never...

DLavrov

In spite of the bullish divergence, which gives a trend reversal signal, we have more than enough reasons to see the continuation of the bearish trend. Let’s look at the daily chart. We see a new attempt to update the local swing low by moving below the support area. If the bears succeed, it will give a strong bearish signal with the 1st target around $1450. I...

DLavrov

What do we have in the daily chart? 1. The price sticked to the support area between $28 000 - 30 000. We can see the consolidation BEFORE a new movement. 2. RSI and MACD show us the market potential to move upward. And it makes sense as the previous dump should be corrected. 3. The price reversal from the support and a false breakout below will provide the...

DLavrov

It is the right time to stay optimistic. This year gives us more than enough historical moments . And it is very simple to become upset, destroyed and follow different negative emotions. It is okay to be like that. We are humans and emotions are the part of our life. Yesterday we could see the historical dump in the crypto market. I should say that I watched...

DLavrov

So, the price bounced from $30 000 We can say it like that, but it will be better to wait for the close price of the bullish candle. How the market will move further? 1. We should be ready to see the correction movement upto the uptrend line and MAs. 2. If the US session doesn’t give us bullish sentiment within this week, we will see a new attempt to move...

DLavrov

The weekly chart gives us an obvious bearish signal. We can see lower swing highs which are the part of a H&S chart pattern. The price moved below the trend line of the ascending price channel RSI is bearish and confirm the further downward movement. The same goes for MACD lines and histogram. If we combine the signals above, we will have a trend reversal...

DLavrov

We could see an attempt to move above the daily uptrend line and continue the price movement in the bullish structure. But the buyers failed. Yesterday, we saw strong bearish pressure. The price bounced from MAs and moved to the weekly uptrend line. The price updated the previous swing low and it means we have to forget about the previous bullish structure. It...

DLavrov

If you joined STEPN, I guess for you this coin is very important. So, let’s look at the daily chart and try to understand how the market is going to move further within the next weeks. 1. The market is in the bearish trend. We can say it using 200SMA. Also, if we combine the major swing highs, we can draw a downtrend line. The previous bearish structure...

DLavrov

The price moved below the daily uptrend line. If the close price of the daily candle is below it = we will have a breakout. It will give us a bearish signal. We should be ready to see the further downward movement to $36 000 - the weekly uptrend line. RSI and MACD are supporting the bearish direction. If we get a reversal / false breakout, it will be a bullish...

DLavrov

The situation is difficult. The future stays unpredictable. It is not so simple to keep motivation and focus on trading. But we have to move forward. From the next week, I'm going to start posting market reviews for main assets. As before. As for $1M Trading Challenge, it was suspended. Because of the sanctions and risk to be blocked, I had to move the main...

DLavrov

These weeks I have been watching for my world «running» to the darkness. I see people who prefer to ignore the reality in order to stay in their comfort zone. They want to think that their world will be the same as it was yesterday, a week ago, a month ago. But it may be not like that. I see people who support the crime against the humanity and they are sure...

DLavrov Updated 

I didn’t trade during these weeks. And I didn’t want to do it. The war changed everything. I suspended the $1M Trading Challenge as I don’t have options to continue it in the current situation. I don't know when I come back here, but I hope it will be as soon as the war end. And we will have a chance to start everything from scratch. Peace!

DLavrov

In spite of the bullish candle in the daily chart, I wouldn't be so bullish. The market doesn't look strong from FA point and from TA we stay in the bearish trend. I think the continuation of the downward movement is much more logical than a trend reversal. We should be ready to see a pullback to 20MA / 50MA and $42 000. Reversal and false-breakout signals...