The price passed through the kumo. DMI confirms trend market conditions and downward movement. We have short opportunity. Place pending orders for sell at 1.17155 with stop orders above 1.18300 level. Take profit should be at 1.16150 level.
We have a strong bullish markets. The price bounced from the reversal zone formed by the top border of the price channel and 3500.00 resistance level. Then the market broke the uptrend line 1. It gave a signal for further downward movement to lower support levels. If the market breaks 3325.00 support level, we'll see downward movement to the 1st support zone...
We have range market conditions for EOS and our trading must be based on the rules for such markets. It means that we have to wait for trading opportunities when price reverses from the bottom level of the channel or breaks outside this channel. Based on reversal signals from the support level we'll have to buy with stop orders below this level and the local swing...
If you have to buy Litecoins for EURO, probably this trading idea will be interesting for you. The market moves upward in the borders of the ascending price channel. We had a good entry level based on a reversal signal in the support zone. This zone was formed by the trend line and 35.00 support level. It was our first opportunity to buy Litecoin. Now we have a...
Bitcoin moves upward in the ascending channel. If you don't have long positions for Bitcoin, you have to wait for new trading opportunity. Buying now, you have good chances to open long trades not far from the high. Let's look at the daily chart and try to understand how to trade this market correctly. The price broke a strong resistance zone formed by 2900.00...
After reaching 0.180000 level, the price reversed and dropped to a support level. We can spot a possible reversal zone formed by the trend line of the ascending channel and 0.125000 support level. This zone is good for buying based on a confirmed reversal signal. Also we can entry the market based on a breakout signal. The high of a bullish candle should be used...
The price is below the kumo and we have a reversal from Tenkan line. DMI confirms strong downward movement and allows trading. We have sell opportunity. Entry level for short trades should be below the local swing low - it's 0.78900 level. Stop orders must be placed above 0.79850 level. Profit targets should be at 0.77500 and 0.77000 levels.
The price passed through the kumo. Based on Ichimoku indicator, we have a new buy signal. We can place pending orders for buy above 280.00 level with stop orders below 214.00 level. Profit target should be at 360.00 level. These long trades must be opened as an additional volume for the existing long positions. Be ready that the market can retrace to the kumo and...
The price breaks 3300.00 resistance level. It's buy opportunity. Entry level for long trades should be above 3300.00 with stop orders below 3184.00 level. Profit target is at 3450.00 level.
The price is going to break 46.00 resistance level. DMI confirms uptrend and allows trading. We have buy opportunity. Entry level for long trades must be above 46.00 with stop below 44.80 level. Profit target should be at 49.85 level.
If you buy Bitcoins on crypto exchanges supporting EURO, this post helps you to spot possible entry levels. Yesterday I wrote about BTCUSD and how we should trade this market. You will find this post in related ideas. Just read it in order to understand the main idea. As for XBTEUR, this market also has the same price movements but different entry levels for...
The price moves upward in an ascending channel. Now we can see that the market is near a possible reversal zone formed by the top border of the price channel and 265.00 resistance level. Probably we'll see see price reversal from this zone with further short term downward movement. As we have a confirmed uptrend, we should search for entry levels for buying. The...
If we look at the 1H chart of Bitcoin, we can see a flag pattern. It a short term continuation pattern that shows a small consolidation before the further price movement. We should expect the price breakout through the signal line of the flag pattern and upward movement. Level for placing pending orders for buy must be above the signal line. Stop orders should be...
After reaching the high at 811.00 for 1BCH the market reversed and started the great journey to the deep of the financial markets. We can use tick data only for several days and this analysis can be based on the 15m time frame only. This time frame is not so reliable as hourly or daily charts, but we can try to spot possible reversal and entry levels. The market...
The market bounced from 0.015000 support level and then broke the downtrend line. We have a buy signal and confirmation that the market is going to move upward. Entry level for long trades can be above the local swing high. It's 0.024500 level. Stop orders must be placed below 0.014000 level. Profit targets are at 0.040000 and 0.055000 resistance levels. Also the...
The price falls to the strong support zone formed by the uptrend line, the downtrend line and 42.50-42.00 support levels. It's a possible reversal zone and we can get a buy signal for short term trading. If the market bounces from this zone and RSI confirms price reversal, we'll have to open long trades above the high of the signal candle. Stop orders must be...
The price passed through the kumo and broke the downtrend line. DMI confirms strong upward movement. We have a good buy opportunity. Entry level is above 1.26300. Stop orders must be placed below 1.24800 level. Profit targets are at 1.28600 and 1.30000 resistance levels.
Based on the local swing highs and low of the 1H chart, we should draw a horizontal channel. The price reversed from the top border and moves downward. We can spot a strong support zone formed by the uptrend line and 216.00 support level. If the price bounces from this zone and RSI confirms price reversal, we'll have a buy signal. Stop orders must be placed below...