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Ahoy traders! Today I'm providing trading information on Ethereum as it is looking very interesting. A symmetrical triangle appears on the chart which is known from explosive breakouts, continuation and that it can break either way. Even this pattern is known from a trend continuation but it is also known from false breakouts which increases risks when trading...

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Ahoy traders! Another day started bullish as Bitcoin broke through of the previous swing level ($7.749) and briefly visited above of $8.000 level. The price hovers close to the psychological resistance of $8.000 and to continue it's journey further upwards it's necessary that the daily candlestick closes above of this level. When the price starts another rally...

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Bitcoin is starting this week by showing strength as it's trying to reach towards the previous swing high level ($7.795) that it needs to take down before able to move further upwards. The price is already above of MA100 level and the downtrend line which both used to act as resistance during the downtrend. It needs to hold both of these levels to be able to...

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The Price is moving inside of trading range and forming a bullish Flag Pattern on the larger scale. Before it's able to push higher it needs to take down the previous swing high on the daily which is at $7.700 level. It is acting as the major resistance level which can be seen on the daily chart. The measured price target for the bull flag is near to $8.800...

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The market is showing a strong bounce from the first support zone near to 0.618 fib level and already breaking above of 0.5 fib level which signifies that the price is trying to push higher. The 4h candle needs to close above of 0.5 fib level to give reliance to this bounce and to the breakout. It's important to be patient and not to fomo in as the volume...

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Ahoy traders! The unleashed Double Bottom Pattern reached the first resistance level at $92 and returned back to the break out level. The question for now is that will it hold the break out level or break below of it? The price is staying above of EMA26 level and is at the neckline of the double bottom pattern at $86 level which could potentially turn in to...

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Ahoy traders! In my previous report I wrote about The Inverse Head and Shoulders Pattern which activated yesterday and showed significant move upwards. Now when the market is showing strength and break above of the neckline, it indicates that it's easier to break resistances and more likely to hold supports. Right now it's hovering right below of the resistance...

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The market is showing a bullish reversal chart pattern which is called as the Inverse Head and Shoulders. This type of pattern usually forms in the bottom of the market. On the daily timeframe the price is breaking above of EMA12 level and RSI is already above of 50 level. The price needs to hold these levels to continue upward movement. Once EMA12 crosses above...

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Ahoy traders! Ripple (XRP) is likely at the bottom as seen on the chart and it’s trying to form A Double Bottom Pattern. You can find this bottom usually at the very bottoms of the market. Signals for reversal. The pattern is valid only when it breaks upwards from the neckline. Right now the price is getting rejected by the resistance zone and EMA26 level. Once...

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The market managed to recover back above of 0.618 fib level and leaving a long wick behind. This indicates that you can find demand close to 0.786 fib level. It's important to wait and follow if it does manage to hold 0.618 fib level and higher low formation which both are crucial for upward movement. the Longer it holds 0.618 fib level the higher is the chance...

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The market got rejected by EMA26 and moved lower. Now the price is back in the support zone and it's testing the former resistance line of pattern from above. As you may see on the chart that the market is trying to hold on the higher low formation. Higher low formations are the very first signals of the beginning of an uptrend and that's why it's important for...

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The chart is showing two bullish patterns which are Double Bottom and Higher Low formation. This is second time when the price visits support zone and tests it. This is important zone for bulls to defend to maintain bullish structure of higher low which is crucial for the beginning of an uptrend (read more in the educational information). Both of these patterns...

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ADA/BTC update: The price has reached resistance zone and this is decision point which direction it will go. The past performance shows that this has been very attractive level for selling. Daily candle closing above of 0.786 would indicate that bulls are in control and break out upwards can be confirmed with expanded volume. Without volume it's more likely to...

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Ahoy traders, here's my long term view on ethereum: The Market had strong move upwards from the support zone ($400 - $422 levels) and is already breaking above of 0.786 fib level which is good indication of recovery in the process. The chart is showing us Falling Wedge pattern and measured target for this pattern is around $660 - $700 levels. Upward movement is...

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The price is moving inside of the Falling Wedge pattern which is considered as a reversal pattern. Possible reversal is supported by Bullish Divergence which can be spotted on the chart when the price and RSI are not following each other but moving opposite directions. Upside potential is maximal while downside potential is minimal - what it means that as the...

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Lately most of the coins have been following the bearish sentiment of bitcoin as bitcoin continues to play a major role in the market. The bitcoin price showed impulse upwards after declining 4 days in row. The price is starting to support bullish divergence pattern along with MACD and RSI. Upward movement is supported by a bullish candlestick which is seen on...

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Update for BTC/USD: The market is showing a strong bearish sentiment as the price dropped from 6.800 highs. So what should be expected now? The chart is showing reversal signals such as diamond bottom, bullish divergence and MACD cross (which is part of my trading strategy). Educational Part: It's often expected when the price breaks upwards from the diamond...

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The market is showing a potential bullish divergence on the 4h timeframe. It's crucial to wait on confirmation signals and when you are being patience, it will pay your bills. Such confirmations can be expanded volume (buying power) with breakout of the resistance level that can be found at $6.600. The longer term on confirmation signal on higher TF (timeframe) we...