tradermikey

tradermikey

It seems we're heading for a massive resistance, I mean everything comes together. The most important trendlines of the last weeks-months and even years. Besides exact throught this single point goes the 61,8% fibo level of the whole 2022 move. Something is gonna happen here and I believe it will be a massive fall of the index.

tradermikey

Dear people, It's time to pull the trigger and short the $EURUSD . I'm saying this for the following 3 reasons. 1. The pink trendline and the yellow line form a hidden bearish divergence. This is the case when the swing high is lower than the previous one (price) but the indicator shows the opposite. The stochastics just made the cross which means it's time for...

tradermikey

Dear people, I present you a bearish hidden divergence at the daily chart of the $EURUSD pair. As you can see is the price of the current swing high lower than that of the previous one. However the stochastics shows something different. We call this a divergence, a hidden divergence in this case which is in fact nothing more than a signal of a trend continuation....

tradermikey

See the lines I draw at the chart. I believe we will brake the horizontal resistance which will make room to grow to 11.600 before we reach the next trendline.

tradermikey

As we can see on the chart is the audusd pair bearish on the moment. Looking at the recent history learns us that it will look for support at the green support line. The StochRSI goes down like a stone at the moment. So it confirms our short trade for the next days. This trade is good for 44 pips profit. I recommend to set your profit target around 0,65000. I...

tradermikey

As we can see on the chart is the audusd pair bearish on the moment. Looking at the recent history learns us that it will look for support at the purple or green support line. The StochRSI goes down like a stone at the moment. So it confirms our short trade for the next days. This trade is good for 70 (purple) or 90 (green) pips profit. I recommend to set there...

tradermikey

The trendlines and the StochRSI speak for theirselves. Since June is the eurusd bouncing between the green and blue trendline with one breakout which found support at the red trendline. I think it's safe to say that the eurusd pair will look for support at the red trendline and I also think that it will be broken so we can make a profit of around 100...

tradermikey Updated 

Hi all, Btcusd will break this afternoon or evening the green support line OR the red resistance line. Yesterday it gave a nice move (you see that the light blue line which was resistance yesterday is broken today) and I expect we'll have that again today. Switch to the 1m timeframe to find the perfect entry when btcusd breaks the support/resistance line. By the...

tradermikey Updated 

Tonight between 17:00 and 20:00 (Amsterdam time) btcusd will breaks the green support line OR the light blue resistance line. I expect a nice move at that moment. Make sure to pay attention in that timeframe. Choose a direction when a candle CLOSES under the green or above the light blue. I guess it will break the green line by the way, since I see at the daily...

tradermikey

Hi all! At the weekly chart are four lines plotted. The middle 2 are important here. The 50 and 75 sma. Btcusd completely obeys them! This reveals me two things! 1: We'll get bullish soon till the 50 sma. 2: When are we going to reach the really high levels like december last year? Simple! When we break the 30 and 50 sma. Since the 30 is coming down fast the...

tradermikey Updated 

Hello all! As we can see is the resistance around 7200 broken. Two times it was hit earlier today and din't broke but the third time it happened. Next resistance will be around 7000, since it's a nice round number. Question is now if it's strong enough. If it's not, BTCUSD breaks through the 7000 support and will fall further. As can be seen on the chart will...

tradermikey Updated 

Here we have the XRPUSD on the 1H chart. XRPUSD tested today twice the red resictance line. Both failed. Earlier it broke through but hit the purple resistance line. Now it's stuck between the red and yellow line. The yellow line is a support line here, it's hit multiple times and causes a strong grow every time. Between now and the eight of august the red and...

tradermikey

Hello all! Here we have the GBPCAD on the daily chart. As we can see on the RSI (14, close) is the GBPCAD heavily oversold and is it on a strong downtrend. The question rises at which point it will bounce up. The blue and green support lines are broken and it's now on it's way to the black support line. I think it will bounce on the black one, else it will come...

tradermikey

As we all see is the crypto market currently bearish. I think I found THE two support/resistance lines for the eth/usd atm. In my opinion there's a sell opportunity right now till the lower line is reached. I don't expect it will go through it but just keep an eye on it if you follow this signal. I'll update this idea when the line goes up again (wrong predicted...

tradermikey Updated 

As you can see ethereum is following the two trendlines I painted in the image. I a few days they'll come together, I expect a breakout from that point. Ethereum will rise again from that point. It's possible that it will look for support once more on the bottom line be careful about that, after that I expect it will go up. Height of the two arrows is the first...

tradermikey

See those lines in the chart, they all cross at 19 february. I've the feeling something special will happen then, maybe a turning from bearish to bullish?

tradermikey

This is the iota/usd on the 4h chart. As you can see it moves between the two lines the last weeks. I expect it will bounce against the bottom line and will become bullish. There are two scenario's from that point. 1: It breaks out through the top resistance line. 2: It will go down once more, looking for support and breaks out after that since the support- and...