Chart requested from @AmirMassoud94 This is just a quick example of how accurate the ADX line signal can be. BNB was moving in a Falling Wedge (bullish pattern). As mentioned in yesterdays XRPUSD idea, which is linked below, an ADX line moving between 10.00 and 20.00 is hinting a possible Pattern Breakout. Guess what - the price broke the Resistance Line of the...
The price touched the Resistance (Trend) at 10350.00 after a strong upwards move. The SMA 100 is acting as a strong Resistance (Yellow Circle). We are now heading back to our next Support at 8800.00, where we will possibly meet the SMA 50. With a bullish sentiment in the short-term (Golden Cross), the price might bounce from there. Position: Short Open: 9400.00 -...
Tron (TRX) broke out of a Bull-Flag pattern with high volume. I'm expecting the price to continue the uptrend (Pole) with strong momentum. Position: Long Buy: 0.00000193 Stop Loss: 0.00000182 Target I: 0.00000210 Target II: 0.00000234 Leverage: 3x I will update this chart accordingly! Leave a thumbs up if you like this idea and Follow me for more updates!...
Hello my friends! We have a possible Bull Flag forming on the 6H time-frame. The pattern is confirmed if we close in our Buy Zone from 0.00000192 to 0.00000196. In this case we will open a long position with Target 1 at 0.00000213 and Target 2 at 0.00000233 in sight. Please wait for a confirmation first. Patience is the key. I will update this chart...
We use the level of the Pitchfork to determine possible Sell- and Buy-Entries. As mentioned in yesterdays idea (linked below), the price headed back to our Trendline. I'm expecting the price to retrace to the SMA right next to our Resistance Zone (Purple Area), followed by another leg-down. Position: Short Open: Entry (Sell) 8100.00 Area Close: Trend Line...
The price of Ripple (XRP) broke out of a Rising Wedge Pattern on the daily time-frame as well as on the lower time-frames. The Rising Wedge is a reversal pattern, which results in a significant drop. Especially when the whole market acts bearish. Since the price of Bitcoin (BTC) is also struggeling (see my latest Bitcoin idea, linked below), i'm looking for more...
Hello my friends! What we can see on the daily chart is a classic Head & Shoulders pattern. This is a continuation pattern followed by a strong move. We are also at a very important Support Zone, which could break if enough sellers enter the market in the next two days. We will open a position under the following conditions Position: Short Open: When Neckline...
Hello my friends! First of all - please be careful with some ideas about XRP on this platform. While i think Fractals (a repeating chart-pattern) work good if they are applied well, i do always take them with a grain of salt. Expecting the price to pump within a matter of days like back in 2017 and 2015 is nothing but delusional. Anyway, we've made some great...
The Pitchfork is giving us an idea about important levels (Resistance, Support, Trend) during a downtrend, which occured about a month ago with a heavy price drop. After yesterdays nice climb we might be heading back to are Trend (Median), which acted as a Support/Resistance reversal multiple times. Position: Short Open: Resistance Area (Purple) Close: Trend Line...
The price is currently making higher highs and touched the Resistance Line of the Rising Wedge multiple times. The Support Line is confirmed by making higher lows. I'm expecting the price to break the Support Line of the Rising Wedge soon, which will be our confirmation point to open our position as follows Position: Short Open: Break of Support Line (Yellow...
The price is moving in the lower band of the Bollinger Bands. We open our position (Short) in our Sell Zone (Red Box) located between 7940.00 and 8100.00 . I'm expecting a strong move within the next hours/ days. Our Target Zone (Green Box) is located between 7200.00 and 7400.00 . I will update this chart accordingly! THANKS! For all the positive...
Chart for a Patreon #2 :-)
We've made some great profits with TRXBTC in the past days by not blindly jumping in a position but wait for a certain levels to break - The ideas are linked blow. Again, we will be patient and wait for clear signals. If we close below our Support (Red Box) at 0.00000186, we consider to open a short position to our next Support Zone (Target) from 0.00000168 to...
I'm watching the price closely since my last update (linked below). The Bollinger Bands are narrowing and the price is moving below the Moving Average. We might see a short squeeze before visting our previous low located from 8020.00 to 8120.00. In this case, we can open a Short Position from 8400.00 (Red Box). I will update this chart accordingly. Leave a thumbs...
It's time for an update, friends! The price made a breakout to the downside. The candles are moving along the lower band of the Bollinger Bands. Remember that the Bollinger Bands are a volatility indicator. This is the first hint for a strong move. It's a great tool to spot possible breakouts. See my last idea (linked below) for an example. The price made this...
The price bounced from our Support Zone located between 1475.00 and 1478.00 and made as higher low compared to our previous low three days ago. This is also our Buy Zone. Our targets (Green Boxes) are located at 1486.00 and 1492.00. I will update this chart accordingly. Leave a thumbs up if you like this idea and Follow me for more updates! Disclaimer:...
The price is currently sitting at the Support (Trend) of a Channel. The RSI STEP TREND is printing a Buy-Signal soon. Our Buy Zone is located at the Support (Trend) from 3.07 to 3.12 Our Target Price is located at the Resistance Zone from 3.35 to 3.40 Our Stop-Loss ( Necessary in this trade! ) is located at 3.03 I will update this chart accordingly! Leave a ...