jbadiabo

jbadiabo

The price action for BINANCE:ZILUSDT  is currently making an attempt to cross-up the resistance area which would results in a triple bottom formation . Depending on whether the price action will succeed in this attempt or not would provide traders a good opportunity to take a long position . Overview : since the Sept 26th the price action has reached the...

jbadiabo

The price action for BINANCE:FETUSDT is currently making an attempt for crossing-up the resistance area after few days of building-up just below. Depending on whether the current daily candle will close above the resistance, it will give traders a good opportunity to take a long position. Overview : since the Nov 22th low (at 0.0217) the price action has...

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The price action for BINANCE:ATOMUSDT  (on the left side) is currently forming a bullish structure while facing a strong resistance around the 4.013 area after a first attempt on 11th-12th November which resulted in a false breakout. When looking backward, traders may notice a bullish structure formation initiated by a double bottom in September. This...

jbadiabo Updated 

Since the previous idea the price action for BITFINEX:BTCUSD made a rebound from the 6900 area and reached the profit target set at 7452. Congrats for those who followed this idea. Overview : The price action is currently recovering from the previous drop. Traders have to be cautious since we are still in a bearish trend. In lower timeframes the price action...

jbadiabo Updated 

Along with the entire market the price action for BITFINEX:EOSUSD has significantly dropped to a key support level. It gives traders an opportunity to get benefit from a retracement. However, as the downward movement confirmed the bearish trend, traders should take into consideration that a tight stop loss must be set while taking a position. Overview : since...

jbadiabo

Dear fellas, along with major cap coins (ex : TRX, BTC) the price action for BITFINEX:BSVUSD is currently consolidating just above a daily support (i.e. around 122.753). In a similar manner as for BITFINEX:BTCUSD , a falling wedge seems to be forming. This increases the likehood for a rebound before an upward movement. Nevertheless, traders should take into...

jbadiabo

Dear fellas, along with major cap coins (ex : ETH, TRX, BSV) the price action for BITFINEX:BTCUSD has reached the daily support (i.e. around 8493.0) and made a rebound from this zone. But what should draws traders attention is the falling wedge formation. This increases the likehood for an upward movement. Overview : since the top of October, 26th, the price...

jbadiabo

Dear fellas, the price action for BITFINEX:ETHUSD has reached the daily support (i.e. around 180.35) and slightly bounced from this zone. This means buyers are active and willing to buy for this price what should be considered by traders as a good buy opportunity (entry price around 180.35). Overview : since the end of July, the price action seemed to be...

jbadiabo

Dear fellas, the price action for BITFINEX:LEOUSD has reached the bottom zone (i.e. around 0.961), this should be considered by traders as a strong support and give us a good buy opportunity . Furthermore, since the beginning of October, the price action seemed to be consolidating between the bottom zone and the first resistance around (i.e. 1.012). The...