EylemCulculoglu

EylemCulculoglu

ETHUSD has broken daily MA20 downwards. It is also overbought on the hourly chart. Bollinger Bands is narrow and stoch RSI is overbought and it is below hourly MA20. I expect price decline. Here is my Bitmex trading idea: Short @ 233.50-233 TP1: 230 TP2: 227.80 TP3: 225.20 TP4: 221.20 TP5: 216.60 SL: 239.10

EylemCulculoglu

Bitcoin gave a red 2 according to Tom Demark count on the daily chart and stoch RSI is overbought. This is a clear sell signal. Also it failed to break above 9300 which shows weakness. I expect 8900 to be tested again and this time it will be broken.

EylemCulculoglu

Bitcoin was rejected at a key resistance area. Now it is overbought on the 4H chart and counted green 8. I expect price decline. I expect it will test 8900 area once again and this time break it down.

EylemCulculoglu

Bitcoin has closed a red 2 on the daily chart. Which is a clear sell signal according Tom Demark count. Stoch RSI turned bearish. There is selling pressure and it failed to break 9800 area. And it has broken the ascending channel to the downside. If 8900 breaks we can expect 8200 and 7000 respectively.

EylemCulculoglu

Ethereum is oversold on the daily chart and has broken the daily MA20. Monthly chart is on green 3 and has a plenty of room for upside movement. Upcoming Ethereum 2.0 is driving the price. I expect the price to reach 286 USD in a few weeks if not days.

EylemCulculoglu

Bitcoin has hit the low end of the ascending triangle and found support there. Tom Demark count has closed the week with a green 1. It is also a doji candle. Which is very bullish in this case. If it was a red 2 we would be expecting price decline. Stoch RSI is oversold on the daily and hourly timeframes. I am expecting a price increase starting from now. I...

EylemCulculoglu

NDX and SPX indexes are extremely overbought. Stock prices are rising much more than general economic growth. Especially this year this has become extreme. Because of the Corona virus many businesses are shut down. Unemployment rates are sky rocketing. Tourism and aviation sectors are practically dead. But stock prices are still rising. We have seen the same at...

EylemCulculoglu Updated 

Bitcoin has counted green 9 on according to Tom Demark count on the weekly chart. Stoch RSI is overbought on the weekly chart as well. I expect the price decline to continue. There is a potential till 8900.

EylemCulculoglu Updated 

Bitcoin has counted red 9 on the weekly chart and it is overbought. Stoch RSI is at sell level on the daily chart. 4 hour is overbought. There is a massive head and shoulders on the 4H chart. There is also a descending triangle. I expect price decline. Here is my trading idea: Short @ 9800-9770 TP1: 9686 TP2: 9580 TP3: 9430 TP4: 9260 SL: 10060

EylemCulculoglu Updated 

Ethereum has broken a major resistance at 218. There is not much resistance and I expect the rally to continue till at least 245. Stoch RSI has plenty room on the daily chart and Tom Demark count it at green 4 whicj means up to 5 more days of uptrend.

EylemCulculoglu

Bitcoin has closed the month a with green 2 according to Tom Demark count. Stoch RSI is also very bullish. This is a long term bull trend signal and it means up trend can continue up to 7 more months. I expect we will reach at least 14k in the upcoming months.

EylemCulculoglu

Bitcoin has given green 2 on the monthly chart according to Tom Demark count. This is a clear long term buy signal. I expect the price first reach to 10k, then 10.6k and eventually 11k+ Prepare for high volatility and avoide high leverage trades.

EylemCulculoglu

There is a clear inverse head and shoulders formation on the daily chart. The depth is 1100 USD. I expect a rally till 10.6K. Previous ascending triangle's depth also confirms that area.

EylemCulculoglu

Bitcoin is in a ascending triangle. There is huge buying pressure. I expect 10k to be tested today. Here is my trading idea: Bitmex XBTUSD Long @ 9700-9730 TP1: 9790 TP2: 9890 TP3: 9990 SL: 9390

EylemCulculoglu

Bitcoin has an inverse head and shoulders formation on the 4H chart. The depth between neckline and head is 600 dollars. Stoch RSI is oversold on the daily chart. I expect a breakout. Here is my trading idea: Long @ 7000 - 7100 TP1: 7350 TP2: 7700 TP3: 8000 TP4: 8500 TP5: 9000 SL: 6890

EylemCulculoglu

BQX gave a green 2 on the 4H chart which is a clear buy signal according to Tom Demark sequential. It also broke 4H MA20 which is very bullish. There is narrowing on the 4H chart and BQX will soon explode. Here is my trading idea: Buy @ 470-500 TP1: 580 TP2: 614 TP3: 680 SL: 410

EylemCulculoglu

BTC formed a clear cup and handle formation on the 4H chart. If this formation works we will test 13884 resistance again. Stoch RSI is oversold on the daily chart and Tom Demark count is green 4 on the weekly chart which confirms the bullish trend is still active.

EylemCulculoglu

USDTRY formed a cup and handle formation on the weekly chart. Stoch RSI is oversold both on the weekly and monthly charts. I expect the price to increase up to 6.84 in the coming months. First major resistance is at: 6.33