The bulls are at it again! The price just increased by 20% within just 5 hours. In this technical analysis I show you how I suggest to trade XRP now that the price is shooting upwards.
In this technical analysis I will build on my previous idea for XRP that had a too bullish outlook. XRP has the tendency to move upwards extremely fast and it felt like this could've been such moment. However, also taking into account the relatively low volatility for the entire cryptomarket at the moment combined with the fact that it's a Sunday actually should...
Buy. The. Dip.
In this technical analysis I will describe how we can use TA to decide on a trade set-up on Ethereum. I will go over some of the main zones and show how you can enter. I tried to make the chart as self explanatory as possible, but here is a quick summary. First of all it's really fascinating to look at the to resistance zone. Ethereum hasn't traded near the $600...
It has been very difficult to chart the price of Bitcoin recently as we could not rely on any recent price action to draw horizontal support and resistance zones. There a few options when we encounter problems like those. First of all we can use older horizontal zones and extend them on the chart, giving an indication of what might happen to the price based on...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
I understand you must have massive FOMO by now and want to enter at all costs, but we have to face it. If you weren't in already: you are now too late. Wait for a good moment first to enter and stay rational. The price made two attempts at breaking the 17.5ct level already. We have just witnessed the second rejection. I suggest to try to make use of this...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message
In this technical analysis I share a long trade opportunity for LINK with a really impressive 20% opportunity. If you recall from my previous idea, I decided to stop the continuation of this channel after the price broke through the top resistance line. It's been really interesting to see that if we would have kept that line on the chart, it would be able to...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
Hi everyone, in this technical analysis I will share how you can use price action to explain the recent price moves, along with my outlook on the future price movement for the next week. After seeing the result of the vaccine announcements on the price, I expected that gold was at a temporary low. Honestly, it was scary to see how the price just went through the...
Since the price of XRP went up so drastically, it's trading in areas where we haven't seen much price action recently. A common trick you can apply in those situations is to go back further in time and find horizontal zones from when the price did trade at that level. I did the same and found strong levels on the daily from September, and April 2018. I charted...
In my previous ideas I showed you how BTC is following a perfect parabola at the moment. It hasn't broken in months now. If we keep following this parabola we can expect that the price will break through the all-time high in only a few days. It is very difficult to come up with a sane trading strategy if it does. A common strategy that I like in such situations...
In this technical analysis I will walk you through the recent price action on BTC, starting with how the parabola got developed, where it got broken, and the massive reaction that followed upon it shortly after. Then, I will explain what I think is important to look at next. First of all, let's do a quick recap of the parabola. In my last few ideas on BTC you can...
After the massive increase in price on XRP recently it is time to zoom out and look at the most important horizontal levels of support and resistance. These historical price points can help us to predict reversal points today. On the chart I tried to explain as clearly as possible why I charted certain levels and how to use them. Overall I feel bullish on XRP,...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
In this technical analysis you can see how YFI is moving in on the strong horizontal support area we have observed before. I show you how you can make use of this area to enter a 52% return trade opportunity. Now, we see that the price is getting close to the support zone again. I suggest going in for a long position near the $21,500 level for a trade set-up with...