There is an interesting thing going on on daily timeframe. The price is moving in a triangle on the larger picture. We are currently sitting right below our Resistance Line (Trend). This usually means we are trending back to the Support Line of the Triangle. We are also in the upper band of the Bollinger Bands. The SMA of the Bollinger Bands (Orange Line) is a...
It's time for an update! Things were going pretty well in the past days. The price did some easily predictable moves with the help of Trendlines, Support and Resistance. Beside one thing - yesterdays Fake Breakout (Yellow Box). The price touched our Resistance Zone at 8800.00 first and went right back to our Range (Purple Box). Please see my recent ideas to get...
The price might be moving in a Channel (upwards). To confirm this bullish scenario, we need second a confirmation of the Support Line of the Channel. This is where our potential Buy Zone is located: 8450.00 - 8550.00 I'm using a fractal of the past hours to show you where this move could take us. Our Target is located at the Resistance Line of the Channel: ...
We safed some good profits during the leg up, now it's time for a correction based on Fibonacci Retracement. (Various other indicators are giving us a sell signal. I will try to keep the chart simple and clean.) Expecting to reach Target Zone from 0.00000182 - 0.00000186 soon. Leave a thumbs up if you like my idea and let me know what you think! This will...
After another successful run up (i think i'm having a streak) we are now facing the Resistance Zone from 8600.00 - 8800.00. A short position might be appealing here - but it's too risky, especially after a 400.00 strong move in this short amount of time. We're in Oversold territory on the lower time frames. I'm expecting the price to reach Buy Zone from 8320.00...
The Bitcoin market is currently undecided. Most of the common used indicators are neutral. The price is sitting slightly above the EMA 9. The 4h candle opened a few minutes ago, i think the price action in the next 4 hours will give us a better idea of where the price is going. While the overall trend is down, we are in overbought territory on the 1D frame. We are...
The price bounced from our Support Line at 7800.00 with strong momentum. We will take this opportunity to short from our Entry: 8280.00 A Stop-Loss is set slightly above 8400.00 at our Resistance Line, we could move to 8700.00 in a very short time. So this trade is risky. ( Money Management Matters ) Expecting to reach Target Zone 8000.00 - 8050.00 I...
The price got rejected near the Resistance Line (Longterm-Trend). We currently do not have enough volume. We are also in Oversold territory. Our Entry (Short) is at 0.280 . A Stop-Loss is set slightly above the Resistance Line at 0.287 Money Management Matters Expecting to reach Target 0.255 soon. I will update the chart accordingly. Leave a thumbs up...
Ripple (XRPUSD) is currently in a good position. I've spotted a small Bullish Divergence, indicating that the Bears are exhausted. So we're ready to get back to our Range (Purple Box). Our Entry is right above SMMA at 0.255. Expecting to reach Target Zone 0.282 - 0.302 soon for at least 9.68% Profit Leave a thumbs up if you like my idea and let me know what...
EOS is currently bullish - moving in an Ascending Channel. Expecting to reach Target Zone 3.22 - 3.30 soon. Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general...
Ethereum is loosing strength at the current Resistance Line in a Descending Channel. Expecting to reach Target Zone 171.00 - 168.00 soon. Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea...
Tron (TRXBTC) is making higher highs, resulting in a Rising Wedge formation. The price broke the Resistance Line at 0.00000184. A close of the 4h candle above this level confirms further bullish movement. Expecting to reach Target I 0.00000192 - 0.00000195 and Target II 0.00000199 - 0.00000203 soon. Leave a thumbs up if you like my idea and let me know what you...
The price could not break the Resistance Line. Moving below SMA, Bollinger Bands squeezing to the downside. The RSI STEP TREND (One of my favorite indicators) will confirm our entry. I will update the chart accordingly. Expecting to reach Target Zone 7800.00 - 7900.00 soon. Leave a thumbs up if you like my idea and let me know what you think! This will keep...
Red Pulse Phoenix is currently in a strong uptrend after weeks of consolidation. Before resuming the uptrend, i'm expecting PHB to retrace to our Buy Zone based on Fibonacci Retracement. Long from 0.00000103 - 0.00000092 BTC. Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats,...
The price broke the Resistance Line on the 1H Chart. Expecting to reach Target Zone 8500.00 - 8600.00 soon. Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market...
This is a bearish mid-term scenario for the next months. The overall trend is downwards. The Buy Zones are located at the most important levels. We will possibly meet our long-term trendline at 4500.00 and bounce from there. Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats,...
An ascending triangle on lower time frames is forming. MACD about to cross bearish below 0. Stochastic RSI is verifying our entry as follows Position Size: 5% Entry: 8200.00 (Short) Stop Loss: 8400.00 Target: 7400.00 Leave a thumbs up if you like my idea and let me know what you think! This will keep me motivated :-) Disclaimer: Any opinions, chats,...
The ascending triangle played out as expected - another sharp drop to 7800.00 happened. We took full advantage all the way down from 8400.00 with a leverage of 7x. 58% profit - Great trade! Now it's time to see if our major support zone (located between 7800.00 - 7900.00) is strong enough. I'm expecting the price to bounce from here to 8400.00. The downwards...