Hi traders, The gray area is a possible buy area. If the price hits the crossing point of the red line and gray area, I am gonna buy relatively high amount with 1.5% Stop-Loss. You can look at the news of SXP in short term: coinmarketcal.com ( I failed to give a direct link to the news of SXP. By clicking on the link and choosing SXP in coin section, you will be...
Hi traders, We are in bearish market. In previous bullish market, we see that the increases between higher lows and higher highs were getting smaller over the time ( also we may think its momentum was decreasing. ). By looking first increase (150%), and second increase(%100), we may see that the momentum has decreased to 2/3 of its initial power. So, I was...
Hi traders, The dashed line is minor uptrend for now. If the price bounces back from there, it may form a reverse Shoulder Head Shoulder. If it does not bounces back, Then the horizontal level is also good place to take a position. My advice would be that if you take a position, you need to put your SL at most %2 below or above. If the formation happen, btc...
Hi traders, As some of you may know that in theory, the handle bouncecs back at most the 0.382 of fib retreacement drawn from the top to the bottom. In our case, It meets the requirements. ( CHZ has also so bullish price movements currently. It supports the idea that the cup and handle formations is the continuation formation ) Stay safe.
Hi traders, First of all, I published an idea 11 days ago. My expectation didnt happen. Yet, we did good profit. You may see it at I've drawn critical areas with red color. We have broken out the first down trend line. Based on fixed range volume profile, you see where the price has been accumulated. So, there is a gap in accumulation. At that point, my...
Hi traders, You see there may be SHOULDER HEAD SHOULDER forming. BTC also about to hit its resistance. That is why I am planning to take short position right here. Stay safe.
Hi traders, You see a reverse Cup and Handle. The target is the downtrend. It may also bounce back from the horizontal support level. Stay Safe.
Hi traders, Matic has been on an uptrend for 155 days. For shorter period of a time, It made a lower high. That shows we are currently in a downtrend. There is a strong support area shown in the chart. You see my expectation, which is for price to form a rising triangle formation after breakout the support area and bounces back major uptrend. In that case, the...
Hi traders, You can see from the chart, there is a adam-eve formation. If there is a breakout, I will take position without waiting for a re-test. As many of you, we will have the very first match of UEFA EURO 2021 tonight. That is why I believe CHZ will show interesting price movements in the following days. Note: the downtrend is broken out already. The main...
Hi traders, Due to up moves in last few days, people have an expectation for BTC to go up. However, I am expecting for BTC to fall to 20k's. Let me explain why I have such an expectation. Firstly, RSI has an down-trend. So, If the price wants to go up, it may need a space to break out its RSI downtrend. However, in the chart, there is no space available for BTC...
Hi traders, You see the chart in daily frame. I've drawn "fixed range volume profile" to explain and justify my thoughts. The red lines are the lines where there is most volume concentrated in that price. (according to ) So we see that in period 1, the red lines is near to the peak. That shows that people who bought at that area didn't sell. Under normal...
Hi Traders, As you can seei there is a rising triangle forming. The current price is on support line. Ideal TP is shown. The suggestion is that In every resistance area, take partial profit. SL level is 2% below every support area or line. Note: The possible direction of price is also shown. It is determined by the possible value of EMA 200 in 4-hour period. Stay Safe.
Hi traders, The green areas are the resistance areas. You see the adam-eve formation. Under normal conditions, the target would be as higher as the depth of the formation. However, the volatility in BTC will not allow us to wait for the target. So, Always TP at resistances. Stay safe and healthy ^^.
Hi traders, Everything is in the chart. If you have any questions, ask them in comments. Note: Also price may form an adam-eve formation. It is also indicated in the chart. Stay safe.
Hi traders, You see that there is a triangle formed in the chart. With the breakout of the triangle, there may an adam-eve formation formed. The yellow area is demand area and the blue one is the resistance. Glad to hear your comments. Stay safe ^^.
Hi traders, It is shown in the chart that price may form an adam-eve formation. We are currently in a support level. Good point to enter. Stay safe.
Hi traders, The green areas are the reasistance or support areas. You see that the volume is decrasing along the wedge. That shows, in my opinion, unwillingnes of price to fall. The ideal entry points are the green areas. Stay safe.
Hi traders, In XMRUSDT, you see there is a RSHS formation likely. If it happens, the target is the resistance area of adam-eve formation. If both happens, the target is shown. Stay safe ^^: