Edgy_

Edgy_

Hello dear precious metal traders, hope you're doing well guys! ;) In our last analysis -which was on the Monthly chart -I had written the following: As you can see guys, we perfectly reached the $1,433 mark, before getting too extended on the Daily chart, and seeing a consolidation/reversal in this case, with a very nice Shooting Star/Doji candle: What...

Edgy_

EOS is currently inside a very nice 4H upward Trend Channel. This gives awesome trading opportunity if you can play in both directions. For long: You will bet the 7-7.1 region to hold: In that case the EOS bulls will have the chance to reach the upside of the channel again at 8 Dollars, giving 10% profits. For the case we break it down (which is more...

Edgy_

Hello dear Forex friends, I just had this example with Alex from our Slack group, where he had posted the following for the German TradingView: So he clearly bet on the previous S&R zone on the Daily at 110 psychological and being overextended on the Hourly. The problem was though, that our S&R range was not clear, and esp. the 110,5 was even stronger as...

Edgy_

Hello dear Turkish Lira traders, merhaba arkadaslar! ;) Istanbul clearly defended democracy on Sunday, giving the counterpart of the AKP, Ekrem Imamoglu, the majority of the votes, even in districts where the AKP had previously a stronghold. Even though Erdogan was not directly up for election, it was a clear message to the government: If you do not count our...

Edgy_

In our previous analysis, we had looked at the potential of an Ascending Triangle on the Daily: => Result: LTC faked-out with 5%, giving plenty of time to either take profit, or close your position in break-even. Since then, we have returned back into the previous Equilibrium range, which we can nicely see with drawing out the S&R lines on the 4H: If the...

Edgy_

Ethereum is inside a Bull Flag since the break of $273. We have a very nice & prolonged pole, and now we have made higher Lows at the bottom of $295 with the wicks. We have the ceiling coming in at $314-16 with the wicks. If the bulls manage to break higher, we have clearly the big $350 previous S&R zone on the way, that I had shown you in my Macro ETH...

Edgy_

Hello dear crypto friends, grandpa BTC is currently trying to get the follow-through out of the Equilibrium between $11k and $10,5k. We saw a break-out with very low volume, which meens caution. Should the bulls head higher, there is clear previous S&R zone coming in at the $11,5-$12k region, which was huge resistance on the way down form $20k All Time...

Edgy_

Hello dear crypto friends! Grandpa BTC is at 5 figures again -Who would've thought that's possible only a couple of months ago? Thanks to everyone, who has been sticking around during this time. I started doing my analyses last year in June during the bear market, when BTC was breaking one support after the other to the downside. Obviously we need to see a...

Edgy_

Hello dear Forex & Aussie-Dollar friends, the bulls better show some reaction now! On the weekly we're at clear 2015 & 16 lows , which currently gives a good bounce opportunity. We had a clear Descending Triangle break previously, with the strong bottom trendline break of the 0.7 USD range. Now the bulls reacted at the 0.685 range, building a nice ...

Edgy_

Dear traders, as I've gone through this today with my mentees, setting up the trading metrics, I don't want to withhold this information from you. Alex from our Slack group (who is on Tradingview posting a hell of a lot under 'solitz' btw, German top author) had first realized the Bull Flag on ETH: full kudos to him. As I'm teaching my mentees, we don't want...

Edgy_

Watch out folks! LTC is further tightening. After talking to my mentee Murat today (we have analysed the current breakout potential with LTC, and how to play it according to statistics/where to trigger/set stop loss/take profit), we have come to the conclusion that it turned more into an Ascending Triangle now, if you discount the ugly wicks on the Daily. We have...

Edgy_ Updated 

Hello dear crypto friends, hope you're doing well guys! ;) First of all, thank you so much for your support & putting me on the main page. This means a lot: Not just do I feel appreciated for my work, but also a huge number of people can see my analyses & benefit from real Technical Analysis -without emotions. In this important ETH analysis, we're going to...

Edgy_

Hello dear precious metal fans, hope you're doing well guys! ;) My big flagship analysis to Gold is in full play-out mode with breaking the $1350-70 resistance to the upside. If you haven't seen it, I would 100% recommend to read it: If we close this week under $1,400 psychological , we could retest the upper range of the breakout zone again around...

Edgy_

Hello LTC traders, since the last analysis, I didn't even put the drawings away, have a look: The EQ range perfectly played out, the bulls defended the bottom, further tightening inside the range. We have now the clear bottom of $129 on Bitfinex, vs. the top at $140. If you wish to play the break, you obviously have to give it a little bit of wiggle room, so...

Edgy_

BTC had definitely negated the H&S potential that we had talked about yesterday, and is now inside the wider EQ range of $9,400 and $8,900. => This will see a definitive break to either direction, and will give a perfect trading opportunity. To the upside we have around 8% potential up to $10k psychological previous resistance . To the downside we have the...

Edgy_

Hello dear FX & Turkish Lira traders, merhaba arkadaslar! ;) It's been a long time since I've made an analysis to the Turkish Lira : But yet again, we have important elections coming up on Sunday: The AKP didn't accept the outcome of the first voting, which sent the pair through the roof immediately with an Ascending Triangle : Since then we've been...

Edgy_

Hello dear crypto friends! ETP, a major pump & dump candidate, is in the pumping phase again, and no one seems to care. I wouldn't have noticed it if I hadn't seen the huge above avg. volume on Bitfinex. Have a look at the perfect Daily Ascending Triangle that broke out, giving solid 50% profit. It is so funny, because during the last pump, it was exactly...

Edgy_

Hello dear crypto friends, we have a nice potential for a trend reversal with BTC, if we see confirmation on the H&S that has shaped up. RSI is a good confirmation in this case, since we're on a Divergence here: If the bulls manage to hold the range, we have a clear Equilibrium between 8,9 and 9,4, and can break in either direction from there: Should we...