SlovakTrading

SlovakTrading Updated 

Almost every altcoin is dropping sharply in last days. Tron is not exception. But when we look on the chart deeply, we can see some bullish sings. TRX is falling several days and it looked really well, when there was falling wedge building up. We can see that any pattern is not 100-percent. He moved below the support edge of this pattern and it was already...

SlovakTrading

This stock (WBA) offers a very nice entry opportunity. It has been falling over the last days, mainly due to earnings report. Despite earnings beating the consensus , the stock dropped 12 percent in the pre-market. Nevertheless this company is still doing well and there is a potential for a long -term trade or maybe even for an investment. WBA is currently...

SlovakTrading Updated 

Almost everyone has noticed the bad news about the KHC, which is owned by the legendary investor Warren Buffet. The fundamental analysis could still point to further weakness, but the technical analysis might be a bit more optimistic. We can see some nice patterns on the shorter timeframes (1H-4H). After the big drop, a consolidation triangle had formed, which...

SlovakTrading Updated 

We can see that on the chart there is building up reversal pattern - Inverse Head and Shoulders. This is bullish reversal pattern and important is close above the neckline . Wait for pullback (neckline), it should be good entry. Targets: TP area (agressive) 0.382 Fibo (0.7076) SL: Below the right shoulder -> 0.70260 Wait for entry! Wait for...

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We can see that the price on the daily chart has tested EMA 50(HIGH), EMA 100 & 200 too. These could be big supports for the USDJPY pair. It is testing another monthly support (all red horizontal lines). The next demand zone might be at the bullish trendline, where we need to see a confirmation at least on 4H chart. It looks like there could be a pin-bar on the...

SlovakTrading Updated 

This should be a short-term trade. I'm convinced the market has no more power to push the price up. We need to see a correction with a good potential. After bad data from CAD GDP last week we saw nice bounce from the bottom of bullish trend channel and also move out from Falling Wedge (bullish sign). Now the market grow so fast so I guess there could be a little...

SlovakTrading Updated 

In this analysis we have a lot of strong bullish signs. I have to remind that we are in bullish MID-TERM trend and we have spotted near the bottom. It was 0.618 Fibo as good point for long. There is still open move for 0.786 Fibo but i really doubt that we could move there (it would be bottom of trade channel). Bullish signals: 0.618 Fibo retracement correction ...

SlovakTrading Updated 

After a lot of weeks of decline and sideways, there is a potential for Euro to grow up! When we look on the chart we can see a really strong bullish divergence on MACD and RSI also. The market is doing every time a new LOW but indicators are doing a higher lows. There is a possibility for Euro to rise again (mid-term). We can see 3 strong divergences and it...

SlovakTrading Updated 

Here is my mid-term analysis for Silver. After big fall of value there is a chance for LONG. I will describe why. The truth is, that Silver broke the long uptrend trendline downwards. Similarly, on the chart was building up a Descending Triangle, which was also broken downwards. This is not good signs for Silver, but there is a possibility of breath. The marked...

SlovakTrading Updated 

DAX is breaking the bullish parallel channel. This trend formation has been building up more than 30 months. What does it mean? We have already a confirmation from 3D chart. Now the market is fighting with EMA 200, but in my opinion we will break it too. RSI is bearish and MACD too. There is a potential of pull-back to edge of channel, but in this point I expect...

SlovakTrading

STORJ is now in big downtrend channel (red). I expect a continuing of downtrend in the way of the red trend channel. But If we look at the chart from short-term, we can see short-term trend channel (yellow), where is a chance of breakout upwards. But it is only speculation. When the market breaks this small channel, there is a possibility to reach a previous...

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We can spot, that the Double Top pattern has confirmed. The second TOP candle is bearish pin-bar, which is signalizing the reversal on the market. It pushed the USD/CHF lower. We could see the market consolidation, which lasted more then 4 months (0.98-1.006). The neckline was set at the value 0.98, which had to be broken to make the formation valid. A few days...

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EOS/BTC is now trading near the strong support area. Currently 70 percent FibboRetracement. The next strong bullish signal is long-term trendline supporting the levels below. This time, there is chance for a reversal on the market (EOS/BTC). We can see, there is building up Falling wedge, which is also bullish signal. We are waiting for break. Currently we are...

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After triple top, there is time for a little correction. We have touched 3rd time green zone, but now, the market has no power to make close over the green zone. We can see a MACD and RSI bearish divergence. The value is getting higher (top), but the indicators are getting lower. They are making a lower lows, but the market has marked a new top at the level 232...

SlovakTrading Updated 

Hey guys, here is my analysis for GOLD. My point of view is bullish. I consider this trade as short-term trade and I will describe why, but firstly leek look at long-term sentiment. Gold from weekly chart looks great for long. There have been some consolidations, BUT , gold is making higher lows from weekly chart. Now the situation is, that gold is making a...

SlovakTrading Updated 

Hey guys, here is an analysis for Bayer. Bayer is a global company which act in healthcare and agriculture sectors with huge profit and this sector is good to invest, BUT. Here could come time for SHORT our positions. This is a short term trade, because from long term i guess this company will grow and create value. If we look at the chart, we can see value...

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Hey guys, here are few reasons, my point of view - BTC, possibility of the turnover. I will describe it closely. It is really hard to predict, what the market will do. I'm just describing what I can see, this is not advice for investing, just my point of view. BTC is in the hands of the big players, so I guess retail traders wouldn't influence BTC extremely. In...

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Hi guys, a cryptocurrency STORJ seems to be great opportunity for LONG. The Chart is building up in LONG POZITION, where the key level is on the 0.00011400 BTC, where the price had moved up. We can see this chart in over the trend line and when STORJ will kepp this pozition we can make a lot of money. Indicators: We can see building up a new trend from a daily...