BTC has been breaking all key levels and it's on its way back to the 20k price reached last year, we must remember though that it is still extremely risky to trade it. On the chart you can see how a pennant pattern has formed on BTC, I have been seeing this pattern a lot on cryptos. By measuring the drop, we are able to place out target price which stands at...
As we can see illustrated in the chart below, Bitcoin currently has overcome the very strong 10k resistance, this means that the next one is around 12,000. Okay so now we are halfway between the two key levels and we see a pennant forming (triangular bullish formation), measuring the flag pole (13.2%) we can predict that after breaking the resistance of the...
Ripple is keeping a bullish trend with a little higher volatility this week, the volatility is reducing today and starting to consolidate the price, before further uptrends. The price should continue rising after the 0,4360 price level. I'm placing a buy stop order above that price with SL below the minimums and a nice 2.0 RR ratio take profit
Currently, BTC/USD is touching 8000, this gives us clear evidence that the price broke out of the resistance zones, on the chart I illustrated for you the key levels we will encounter in this upside movement. Please also notice how the volatility has increased, I think the price will have another consolidation after this growth. Below you can find my TSLS...
The price is currently pulling back to the current resistance level (earlier support), after this formation, the ADX should give us a reversal signal and we will be selling with TP at a lower key level and SL at earlier pattern resistance
After a possible Head and shoulders pattern, it's plausible that the pair will enter a strong downtrend, I placed a sell stop under the pattern neckline and used different levels (based on previous supports) to place the Take Profit, meanwhile, the Stop Loss is placed just over the head of the pattern. We can also notice that the price will probably brake also...
Please notice how the price broke the previous levels, now we are pointing at 1.10, as we can notice the continuation pattern and the raising RSI indicate a continuation of the downtrend. SL placed over the continuation triangle pattern
GBPUSD broke the key level 1.3029 and is currently entering a downtrend movement, using the Trend ribbon we were able to find the reverse point. - SL placed over earlier resistance
EURUSD broke the support line and is currently dropping, my SL is above the earlier resistance. Using also my Trend Riboon (you can find the script below), we can see a high price reversal signal.
Yes! Bitcoin is finally approaching the 5555.00 Level, which could determine if it will continue its uptrend move. Now, as we see on the chart, there is some resistance near that level.
Short on EURUSD after head and shoulders pattern and break through key levels. Bears power is also gaining traction
USD is going down touching the 111.34 level on USDJPY, ADX Bulls power is increasing also on EURUSD. I opened the trade using a support and resistance levels scheme as you can see on the chart
ADX is giving reverse signals and the GBPUSD is getting a strong price compression. I'm pointing at a long trade with 1-3097 target price
Short on gbpusd with sell stop at 1,3148 after ADX cross reverse signal two options: - bounces back from the support level - brakes support level and reach the target price
As we can see the chart, the price of the Ripple coin has drastically decreased in the past months, but currently, we're getting close to a key moment in which we will see if the coin will grow in value or decrease again. The RSI is in an uptrend while the ADX is always more compressed, this could indicate a skyrocket or rock-bottom move.
Pattern-based trade - after the descending triangle we are placing a sell stop at the neckline (support) with 2.6 RR ratio, Sl placed over resistance level.
After a powerful uptrend peak, the EURUSD is dropping heavily, I opened a short position under the last support level which has become a resistance now. The SL is placing at a key level, meanwhile, the tp was placed using 2.2 RR ratio
Trend driven trade, based on sar indicator and adx