The price bounces from the support zone formed by 79.500 level and the uptrend line. RSI confirms price reversal in the oversold zone. It's time to buy. Pending orders should be placed above 80.700 with stop orders below 78.900 level. Profit targets are at the resistance levels.
The price bounces from 1.50000 resistance level. Probably this is a new swing high and it's lower than the previous one. It's a signal that we must be ready to a new downward movement. We can draw a downtrend line based on these highs. RSI confirms price reversal from the resistance level. We have sell opportunity. Place pending orders for sell below 1.49150 with...
Based on the 4H chart we can see a double top chart pattern. It belongs to a reversal group of chart patterns. We should expect for downward movement to 5.5000 level at least. This is a support level which can stop and reverse the market. Also the uptrend line is an additional support in this zone. We must be ready to open long trades based on a confirmed reversal...
The market dropped to the support zone formed by the uptrend line and 0.017000 support level. This zone can stop and reverse the falling market. In order to catch a possible upward movement after price reversal, we can place pending orders for buy above the local swing high based on the 1H chart. It's 0.019300 level. If we get a new swing high which is lower than...
The price dropped below the kumo and then broke the uptrend line. We get a signal confirming further downward movement. ADX line of DMI indicator rises to 20 level and we should expect for a strong price movement. Pending orders for sell can be placed below the local swing low. If the market drops below this level, we'll get an additional confirmation for a...
The price is going to move downward for short term. RSI reverses in the overbought zone and it confirms price reversal. The support zone is formed by the uptrend line and 40.50 and 38 levels. This zone is a good place for buying. Long trades must be opened based on a confirmed reversal signal. If the market drops below 38.00 level, we'll see further downward...
The price bounces from 200.00 support level. RSI confirms price reversal in the oversold zone. We have a buy opportunity. Pending orders for buy must be placed at 220.00 level with stop orders below 198.00 level. Profit target is at the resistance level and the part of trading volume can be left for long run.
The price dropped to the support zone near the bottom border of the horizontal price channel. We have a bullish candle confirming that the market bounces from 1.60 level. RSI confirms price reversal. It's buy opportunity. We can place pending orders for buy at 1.71 level with stop orders below 1.47 level. Profit target is the top border of the price channel.
The market reached the possible reversal zone formed by the top border of the ascending price channel and 3500.00 level. We have the previous candle showing that the market has no power for further upward movement. It's a signal that we can get consolidation or a price reversal with further downward movement. If this daily candle is closed on such levels like we...
The price bounced from the support zone and the uptrend line. After breaking the downtrend line, we got a confirmation of further upward movement. It's buy opportunity and we can place pending orders above 40.50 level. Stop orders must be placed below 39.50 level. Profit target should be at the resistance level and the part of trading volume can be left for long run.
The price bounced from the uptrend line and 0.008000 support level. RSI confirmed price reversal. We have a buy opportunity. Entry level can be above 0.009625 with stop orders below 0.007800 level. Profit target should be at the previous market high. The part of trading volume can be left for long run.
The market made a huge jump upward. If you could buy before the starting of this movement you must be in good profit now. As for those who missed such trading opportunity the best variant is to wait for a correction. Based on the daily chart we can draw an ascending price channel. The price tries to move above the top border of the channel. Buying from current...
Let's look at 4H chart of Ethereum. We can draw a pennant chart pattern which is belong to a continuation group of patterns. Mainly after a breakout of its signal line, a market continues the previous trend. We have to trade this pattern based on a breakout signal. We should expect that the price breaks the top border of the pennant. Pending orders for buy should...
The price broke 200.00 resistance level. The trend line supports further upward movement. We can place pending orders for buy above the local swing high and it's 207.00 level. Stop orders must be placed below 191.50 level. Profit targets are 216.00 and 224.00 levels.
The price passed through the kumo. DMI confirms upward movement and allows trading. We have buy opportunity. Pending orders for buy must be placed above 1.50200 level. Stop orders must be below 1.48150 level. Profit targets should be at 1.51850 and 1.53850 levels.
The price is going to bounce from the downtrend line. RSI is going to confirm a price reversal. We should expect for further downward movement to the uptrend line. If the market bounces from the uptrend line, we'll have a confirmation of possible upward movement. It will be a buy signal when the price breaks the donwtrend line. Also, we can place pending orders...
The price reached a strong support zone formed by the uptrend line and the support level. RSI is in the oversold zone and it's going to confirm price reversal. The market has potential for a good upward movement. In order to entry the market more safely, we should use a breakout signal. Pending orders for buy must be placed above the local swing high. If the...
The market made a good upward movement. The price bounced from 53.20 level and then dropped to Kijun line. If we have a price reversal from this line, the market will continue upward movement. We can place pending orders for buy at 51.80 level with stop below 48.90 level. It can be a short term trade with profit target at 53.20 resistance level. If the market...