JureKrasovic
The price is in a channel formation that is making lower lows and lower highs, so looking at the shorter timeframe the overall trend is bearish. Two opportunities for trading open with a setup like that. One is trading inside the channel formation, placing a short when the price confirms that the resistance of the channel holds and placing a long when seeing the...
BTC/USD price made a new support line, bouncing off it twice. As the bulls do not have any real power at the moment, I am expecting a bearish move towards the new support, retesting it yet again. From there if we see a bullish signal at the touch looking for a bullish leg at the bounce. It is also possible that the resistance will not hold, making a break in the...
Expecting the price to continue down towards the indicated support line. I do not believe that the bulls are strong enough to revert the current trend on the shorter timeframe.
The price already made a smaller rebound at the support line, that is also supported by the Fibonacci retracement at the point of bounce. Expecting the bullish leg to go higher up.
The price made a bearish breakout out of the triangle formation, as the whole crypto market has a red begging of the day. A break below this support triggered a short position, as the bears rule the market right now. Made a small trade, as I still believe that the long term move is going to be bullish. Good luck!
The price broke below the previous area of support, marking a rather strong bearish move. The directions for a shorter timeframe are now not clear, probably the bears will fill the gap that was previously created by bulls. For a longer term, expecting a bullish impulsive move after the bearish correction we are in right now. Good luck!
The price is in a finished triangle formation. Waiting for a breakout in the bullish direction, a retest, and a further bullish move. Should the price made a breakout to the bearish side of the triangle, I am looking for an impulsive bearish leg.
#BTC made a double bottom, the support line did hold both attempts. As the bullish bounce was rather slow, the price will probably reverse in a bearish direction, retesting the support line another time. If it holds again, looking for a long position but we could see a breakout below. If that happens, looking for a retest and a bearish move.
The price is approaching the support line again. It is currently holding well above the 0.786 Fibonacci retracement. Expecting a touch at the support line, and a bounce towards the previous highs.
BTC/USD is on the middle of forming a complete descending triangle formation, as a corrective move after a big bullish jump. Looking for a breakout, a retest and then a further bullish move. Keep in mind, that the price could just keep on moving horizontally, if the descending pattern doesn't fully form. Good luck with your trading!
Ripple going in the bullish direction, if we see a retest of the upper triangle line now acting as support. If it doesn't hold and the price breaks below, look for a move down towards one of the previous support lines.
Looking for the reverse head and shoulders pattern on the LTC/USD. Waiting for a break of the indicated neckline, a possible retest and then a bullish move.
Looking for a possible bearish move towards the previous resistance line, now acting as support. From there a further bullish bounce towards the high reached on December the 2. Risk:Reward is set to 1:2.
Looking at the chart we can see, that the price has made a double bottom pattern at the 0.618 Fibonacci retracement. It made a bullish move as expected and broke above the 0.786 Fibonacci retracement, making it a support line by holding the price above after the price has touched it. Expecting a further bullish move towards the 19767,46 line. This is where the...
After a bullish surge, the price made a smaller correction, and has formed a bullish pennant formation. The price is also too low according to both 9 and 14 period MA. Expecting a bullish breakout out of the pennant formation and a further bullish move. The price could make a retest of the upper resistance line at the breakout as it becomes support before going further up.
The price has been in a definite uptrend since 27.11. Price is currently consolidating at the support that was also acting as a resistance in the past. This is supported by the 0,786 Fibonacci retracement on a bigger frame, and by the 0,5 on a smaller frame. RSI is also not overbought, supporting the bullish prediction. The price is below both 9 and 14 period MA,...
The price is approaching a strong resistance zone, and RSI is more and more overbought. Two reasons to expect a bearish correction as price hits the resistance.
Looking at the price chart we can see, that BTC/USD has gone into a horizontal channel formation after its bullish run. It has been rejected by the resistance line, now as it bounced from the support of the channel formation I am looking for another retest of the resistance line. Expecting the price to go trough the resistance, make a retest and bounce further in...