All info can be found on the chart. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me! - Trading Guru
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can find this clean RSI Bearish Divergence here on ADA. With the extremely overbought RSIs of over 80, we can get our first indication of an unsustainable price increase. After we also get the bearish divergence, we get yet another signal the price is about to drop again. I showed a...
In this idea I will explain how you can leverage psychological support and resistance levels for trading ETH/USD. This will help you earn more money while trading, and gives you more understanding about the markets. I have been talking about this for quite a while now, and every time it shows that it works again and again. We have seen so far that the price loves...
All info can be found on the chart. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me! - Trading Guru
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. What a perfect hidden bullish RSI divergence here on LEND! This is a bullish continuation pattern, where the price makes a higher low, while at the same time the RSI makes a lower low. The bottom of this divergence is the perfect moment to enter a trade. --- What is The Quick Update...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. What a perfect hidden bullish RSI divergence here on ATOM! This is a bullish continuation pattern, where the price makes a higher low, while at the same time the RSI makes a lower low. The bottom of this divergence is the perfect moment to enter a trade. --- What is The Quick Update...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. For this entry on quick updates we can see a nice support and resistance trade setup. The price just reached deeply into the support zone, while at the same time printing an oversold RSI. Both of these signals can be used as signs for reversal. Their confluence together can give us a...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. What a clean set-up here for a support and resistance trade. With a RR of around 3:1 we can go in for a long trade here on Ripple. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for...
The price has hit this horizontal support before. We can see that this price level has been pivotal before. That's something that we can monetize using technical analysis. Place your stop loss not under the current support, but under the level 2 support. We don't know if the price will fall further, but the second level of support is much stronger than the first...
All info can be found on the chart. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me! - Trading Guru
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can see that ATOM has reversed its overall trend. We can use this information to establish a positive bias and add a certain upwards probability to each of our following trades. Currently we can see on the lower timeframes that the price is reaching a zone of horizontal support....
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. ENJ has just hit this resistance zone, which allows for a nice support and resistance trade set-up. Not many exchanges offer short positions for ENJ, so if you're currently holding this is a great moment to sell. --- What is The Quick Update Series All About? --- I have started a new...
All info can be found on the chart. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me! - Trading Guru
Let's go over the different things that are happening here on EURCHF. The price made a Bearish RSI Divergence in this uptrend on EURCHF. The price indeed retraced slightly after this happened, but the overall uptrend was too strong. The uptrend continued and made its way to the horizontal resistance area. After the area was hit, the price struggled a little bit...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. There's two ways you can trade a rising wedge. You can wait for the breakout and trade the volatility that follows with it, or you can scalp the inner part of the pattern for as long as it holds. Since the whole market is very involatile at the moment, I believe today is a better...
Monero is in a beautiful ascending channel here. We can see the price oscillating very heavily at the moment. Such volatility is fantastic for traders who want to get several or more scalps in. You can trade a long position every time the price gets near the bottom support line, which will give you a great risk reward given the overall bullish trend of this...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. These two lines are incredibly important for CHDCHF at this moment. We've seen the price changing momentum here a few times already, and also seen that the price struggles to get past these levels. Let's use this information for a long trade set-up, especially after getting another...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. There's a nice support and resistance trade set-up possible here on GBP/JPY. We've seen the support being confirmed for the third time now, and the price immediately bounced off positively. The support zone has been confirmed on multiple occasions as well, creating a nice RR for a...