KSM is forming triangl. 1) Trade setup - small possition open now with second entry on the lower side of the triangl. 2) Trade setup - wait for break and then buy retest. Bitcoin looks good, so alts should follow.
In this technical analysis I share my current views on BTC/USD. I tried to make the chart as self-explanatory as possible, but feel free to reach out or drop a comment if you have any questions.
All information can be found on the charts. DMs are open!
In this technical analysis I will go into the most important things that are happening to ETH/USD right now from a technical point of view. First of all we see that the RSI is extremely overbought. Meaning that the momentum is insanely high. We've just seen an increase from the $400 to the $430 level in no-time. Often times, this is unsustainable. Hence the...
Here in this analysis I will show you a fractal that I've been looking at on the 1h for BTC/USD. This is a structure that has been forming over the last ~10 days. The price slowly builds up, after which it relatively quickly drops again. This is something I see now on BTC/USD that I recognize from my time trading stocks. It is very common to witness these kind...
June 2020 has come to an end. Every month I analyze what happened with Bitcoin and the altcoin market. Of course the crypto market recovered amazingly fast after the COVID-19 crash. April and May were very strong. How did the crypto market perform in June? In June Bitcoin flattened completely and showed the lowest volatility in quite some time. Bitcoin “went...
All info can be found on the chart.
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. Here on EOS we are seeing a nice confirmation of the support zone, after the price has dropped significantly over the last few days. If the price drops a bit further, you could get a great trade in. The more you enter near the support zone, the better your risk reward will be. ---...
Compared to all the other major caps, EOS has recovered the least. Whereas BTC has almost completely recovered and even reached highs of pre-corona levels EOS still is really low and has more than 90% upside potential. Obviously you wouldn't want to go in for a single 90% trade here with huge risk. No, we take the mature approach and try get a few good risk...
Like I explained in my previous ideas, I am still bearish on gold. First we had seen a bearish double top here on gold, but now we get a sudden retracement back up just before the weekend is coming. I keep my bearish bias, but could see a temporary increase in price here to form something like a right should of a H&S pattern. If you weren't shorting gold...
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
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
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....
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
Bitcoin is on the move again! After 2 days of basically zero volatility, BTC suddenly made a massive spike in its ATR. Immediately the price went down to this very important support zone of the psychological level 6600. The first signs show a bullish reversal after hitting the support, with not enough strength from the bears to break through. I will put this...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. In the chart you can find a nice and clean trade set-up based on support and resistance --- 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 shorter timeframes, such as 4h, 1h, and 15m. It...
On AUD/CHF we see a nice opportunity here for a short trade. The price has been nicely between the support and resistance zone. We can leverage this by trading a short position. The price is really close to the resistance now, which gives the best risk-reward for trades using support and resistance. If the price does break through the resistance in the end, the...