MarcelMartins

MarcelMartins

Good night traders, Btc is trading on an upside channel on our H4 timeframe (left) and after the strong dump yesterday it has respected once more the bottom of the channal. On our weekly tf (right) we have 3 dojis in a row showing strong indecision right now. The idea here is to take advantage for the price when its on the bottom and top of the channel until...

MarcelMartins Updated 

Boa noite senhores, Itub4 vem em viés baixista desde o topo nos 39.79 e acredito que possamos estar chegando em um bom nível de reversão. Olhando no gráfico diário (esquerda) vejam que a última onda de venda teve um volume geral MAIOR que a anterior porém MENOR progresso e formamos "quase" que um fundo duplo nos 32 reais. Nós temos uma leve divergência...

MarcelMartins

Good evening traders, Quick one at NATGASUSD First as we can see overall the price is too damn low, we have for example the "Apache corporation" on the US to reduce their production, of course a big reason for that is the low number of pipelines that are not the be done before end of 2019. Ok to the charts, Weekly (left) we see natgas coming closer to a...

MarcelMartins Updated 

Good evening traders, Quick look at DXY , the Dolar Index that represent the USD strenght against another currencies. As we can see the index is on an uptrend since last year, confirmed by 4 touches on our uptrend and now we have 3 touches on our resistance level , confirming that we have an ascending triangle . On the last 2 weeks the index is moving...

MarcelMartins

Good evening traders, Straight to the point for XAGUSD / silver Weekly (left) we have a big descending triangle since beggining 2016 (3 years already), we have a downtrend confirmed by multiple touches and a huge support on 13.85 that has not broken so far. Now, on DAILY chart (right) we have a POSSIBLE hs formation that has his neckline yet to be broken. ...

MarcelMartins Updated 

Good night everyone, BTCUSD is now showing some weakness after that huge breakout rally, the buying volume pressure is slowing down and the selling volume is slowly increasing. We have a bearish divergence on RSI and now price is standing on 5000 psichologic level. Btc can sure just breakout and moon anytime, but its to risky to buy it right now , the best...

MarcelMartins Updated 

Good night everyone, USOIL is now showing some exhaustion after the huge rally, rejecting 200 weekly SMA as resistance so far and .618 fibo retracement from 76usd to 43usd sell off rally. If OIL go down a good opportunity to search long is on the daily timeframe, we have a moving average golden cross and it is on the 60usd support zone. On the H4 timeframe...

MarcelMartins Updated 

Good evening traders, overview on BTC. H4: The coin is on short term uptrend as we can see on left chart, we have an already confirmed uptrend (3 touches) e therefore we can search for buy oportunities if the price go there again, wait for rejection and then buy. : Im using LOG CHART and then we can see there is a downtrend confirmed by 3 touches and now...

MarcelMartins Updated 

Good night everyone, Audnzd is being on a strong buying rally from 1.03 level As we can see on weekly chart (left) AUDNZD broke the uptrend tested multiple times and now it re-testing it, it may work as resistance. On the daily chart (right) we can see price is now struggling on our 200 sma , should the price close under 200sma then we might have a good...

MarcelMartins Updated 

Good evening everyone, CHK is being on a huge downtrend for some years already, pretty much since 2014, the question is, how deep a stock can go? The answer is, 0, of course, but what about new ATH's ? the answer is, infinite and beyond =) This stock just rejected again the 1.80 support level from FEB/16 and now its being on a slighty uptrend (H4 chart). If...

MarcelMartins Updated 

Good weekend everyone, FORD is now reaching top of our descending channel, just below big resistance as show'd there. If we look at H4 timeframe we see we are just below 200sma but if we check price action/volume behaviour we can see there is not much suplly on this zone, not yet, and for that i believe ford will try to break resistance, will it suceed? we will...

MarcelMartins Updated 

Good night evertyone, NZDUSD is being on a downtrend for some days already and its so far respecting the descending trendline (yellow), now it looks like it'll test it one more time. We have a confirmed support level at .67200 and a slighty RSI bullish divergence. Should price break and close above the descending trendline its possible to aim current...

MarcelMartins Updated 

Good evening everyone, Snapchat is being a very active stock last week and now we see why, Price went straight from 20 usd level straight to 5.00 losing 75% of its value in 10 months, now its recovering and people may rush buying it expecting new highs. Wait! As we can see 12.0 level was a previous support zone, as demarcated by green arrows and now rsi is...

MarcelMartins Updated 

Good day everyone, Ethereum is now close to 160 resistance level at daily chart and therefore its not the best opportunity to buy it for now, you can either wait for a strong break up and close above this level or another test on support levels like the yellow ascending trendline, overall the formation is an ascending triangle and looks bullish. The volume...

MarcelMartins Updated 

Good week everyone, As we can see NZDCAD is rejecting the bottom of our big channel (daily) and 50 weekly EMA level. Now we can see H4 price is approaching 50ema+200sma and already overbought on h1 and because of this, its not a good idea to long right now. Strategy: Wait break and close above H4 50EMA then long aiming monthly pivot + .382 fibo zone around...

MarcelMartins Updated 

Good weekend everyone, Gold as i've said on previous ideas is not ready to take off toward 1400 zone yet, and for that we must wait the proper opportunity to buy it. Weekly timeframe we can see the price failing to create a new HH and now we have a bearish engulfing candle removing all the progress from 3 weeks past, all this added to a hidden bearish...

MarcelMartins Updated 

Good day everyone, After a good short position on eurusd (check related idea) we now are near a huge previous bottom level. We can see that huge rsi divergence on weekly timeframe, and now we have a good bullish rsi divergence on our H4 timeframe. Daily chart show us that we are near the bottom of the channel and S1 weekly level. H1 already showing some...

MarcelMartins Updated 

Good week everyone, H4 outlook for btc. As we can see btc is one more time approaching resistance level (orange) and it'll try to break it again. Bullish confluences: - Low volume on selling waves (check indicator), looks like there is no interest selling right now - Thats candle spikes (like the balloon demarcated one) are definetly killing some bulls...