DLavrov

DLavrov

The price bounced from 22 300$ and broke the local downtrend line. It gave us a buying opportunity in the direction of the main trend. You can see the long trade which I described yesterday. The trade gives profit, and we can move stop orders to the breakeven and fix the part of the profit. RSI and MACD are supporting the upward movement. If the price breaks 23...

DLavrov

It looks like the market is going to move upward. The price bounced from 0.88500 support. RSI confirmed the price reversal. MACD histogram is going to support a further upward movement. If the price can stay above the support zone and breaks SMA200, we will get a trend reversal signal. It will be another bullish signal. If we combine all bullish signals from the...

DLavrov

My trading plan for ETHUSD market looks like this: - the price moves back to 620$ support - the market gives a reversal signal - RSI and MACD histogram confirmed the price reversal - Stop below the support and the local swing low - Profit target is 700$ resistance - Risk per trade up to 5% If the price breaks 620$ Support, I will wait for a new bullish setup at...

DLavrov Updated 

After reaching 23 750$ and making it as a new ATH, the price moved back to 22 300$. We can see a sideways movement between these levels, and we can use them for getting new bearish and bullish signals. If the price stays above 22 300$ support and breaks the local downtrend line, it will be a bullish signal with the target at 23 750$ resistance. The breakout...

DLavrov Updated 

The price made an amazing upward movement after the breakout above 20 000$ resistance! We have a new ATH, and we should be ready to see a pullback. It is obvious as there are no markets which can move in one direction all the time. The question is, where buyers will start fixing their profit? Will it be at 24 000$ or at 25 000$? Or maybe the price will continue...

DLavrov Updated 

The price reached the resistance zone, which stopped and reversed the upward movement in the past. You can see the price action at this zone to better understand what we should expect from the market within several days. If the price bounces from the resistance, we will see a downward movement toward SMA50 and 18500$ support. I would like to use the price...

DLavrov

The price can't break the resistance zone between 1.21550 and 1.22000 levels. RSI reached the overbought zone and MACD histogram tells us about a possible downward movement toward 1.20000 at least. If so, we can search for the exact bearish setups using the lower timeframes with stop above 1.21550 resistance and the profit target at 1.20000 support. Risk per...

DLavrov

The price reached the resistance zone and it is possible to fix the profit for the long trade. I wrote about this trade in the previous post . I also explained why I would skip it. So, those who could use that buying opportunity, well done! Those who skipped that buying opportunity - there will be new trade opportunities, don't worry about it! What's next? The...

DLavrov Updated 

If you are a trader who is searching for any buying opportunities, the 4H timeframes will be glad to provide you a bullish setup. The price reached the support zone formed by SMA200 and 17 600$ and we got a reversal signal. RSI and MACD histogram supported the price reversal and provided bullish signals. Also, we have bullish signals from a bullish divergence...

DLavrov

The price bounced from the resistance zone and moved back to the previous swing low level. We have the support zone formed by SMA200 and 530$ and the price action at this zone will be able to give us additional signals. If the price bounces from the support zone, we will have a bullish setup. I'm not sure that the price will move upward after that, but we can...

DLavrov

I want to believe that you were not surprised by the downward movement below 18 000$. We talked about possible market movements in the previous posts. So the price reversal from 20 000$ and a correction toward 16 000$ and 14 000$ were included in our trading plan. The price broke the local support 18 500$ and reached 17 650$. After that, we got a pullback, and...

DLavrov

The price broke 1848$ resistance and reached SMA200. We can see how SMA200 could stop the upward movement, and we got a reversal signal. If we combine the price action between SMA200 and 1848$ resistance, which is acting as new support now, we will have a bearish divergence. It is a bearish signal in the direction of the local downtrend. If we talk about a...

DLavrov Updated 

If you look at the 1H chart, you will see the support zone where the price action will be able to give trade opportunities and additional signals. You can look at the past and see how the price moves at this support. Now, the price is moving sideways above the support. If the price bounces from the support, we will be able to see an upward movement toward...

DLavrov

The daily chart looks bearish. The price reached the resistance and we can expect a reversal with a further downward movement toward the support. If we look at the 1H chart, we can see that the price bounced from 81.50 resistance and broker SMA50. It gives us a trade opportunity for shorting. I share with you an example of a possible short trade. If the price...

DLavrov

This week will be important for Bitcoin. It will be able to give us new bearish or bullish signals, which will tell us more about further market movement. If we look at the weekly timeframe, we can see that the price reached the resistance, but the weekly candle's close price is below 20 000$. RSI reached the overbought zone, and it is going to confirm the price...

DLavrov

What do you think about such a bearish setup? The price bounced from 46.50$ resistance, and we have a strong trend reversal signal based on a bearish divergence. RSI and MACD histogram confirmed the price reversal. It gives us a trade opportunity for shorting. If the price breaks SMA50, it will be another bearish signal supporting the downward movement toward...

DLavrov

Yesterday, I wrote about such a bearish setup. The idea was simple: if the price can stay below 1848$, we will get a trade opportunity for shorting based on the resistance's price reversal. As you can see, the price bounced from the resistance zone. RSI and MACD confirmed the price reversal. MACD lines are supporting a possible downward movement. Stop orders...

DLavrov Updated 

The price bounced from SMA50 and moved upward. Will it be a new attempt to reach 20 000$ resistance, or will we see a continuation of the sideways movement? In spite of bullish signals from MACD and RSI, I don’t think the buyers have the power to push the price above 19 425.50$ resistance. I won’t be surprised if the price will continue the sideways movement. How...