DLavrov

DLavrov

I want to pay attention to how SMA with period 200 supports the price. It's rather interesting! Don't you think so? When the price broke SMA200 which acted as a resistance line and moved above, from that moment SMA became a new support line. The price bounced from it two times and moved upward to the resistance levels. Now we have the 3rd price reversal from the...

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Let's look at GBPUSD market using TA tools. The market movements tell us about a new bullish trend. We have higher highs and higher lows which can be used for drawing an uptrend line. Also, the price is above SMA100 and SMA50. The price stays above 1.30000 important level which forms a strong support zone with SMA50 and the uptrend line. This zone is good for...

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The market keeps a bearish trend. After bouncing from a support zone between 160.00 and 150.00 levels, the price moved upward to SMA100. We can see two attempts for breaking this line, but they were not successful. SMA100 and 200.00 resistance make a barrier for further upward movement, and we should expect for the reversal from this zone. If price bounces from...

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The price bounced from the 44.50 support level. RSI and MACD histogram confirmed the price reversal. MACD lines support the upward movement. DMI is bearish with the falling ADX line. It tells us that we should not expect strong bearish movements. At the same time, the price breaks the local swing high - it's an additional confirmation that the market is going to...

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The price forms Inverse Head & Shoulders pattern. It gives a trend reversal signal but for confirmation the reversal chart pattern, we will have to wait for a breakout above the neckline. Pending orders for buy can be placed above the resistance level and swing high. It's 0.70550 level. Stop orders must be placed below the right shoulder. Profit targets are at the...

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If you are a fan of collecting coins and increasing their numbers in your pocket, this market overview is for you. The main thing we have to note now, the market was bearish and Bitcoin was stronger than Ethereum. But when the price broke SMA100 which acts as the main trend line, a trend reversal was confirmed. After that, the market moved sideways forming a...

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The market made a good upward movement in the direction of the main uptrend. The space between 1.34000 and 1.34600 became a resistance zone, and it could stop the market. Now we have a reversal with possible falling to the main uptrend line. RSI and MACD histogram confirm the price reversal. Even MACD lines and DMI support the further upward movement, a correction...

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After confirmation the reversal from the support zone formed by SMA50 and SMA100, the price could not develop the upward movement. The market moves sideways and it seems logical. We don't have any news which could change the supply/demand. As a result, the market has no reasons for falling or moving upward. Big players are not active too. If the market does not...

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The price could pass through the cloud. From this moment we should search for buy opportunities as the market became bullish. The price reverses from Kijun line but buying based on this reversal signal is rather risky. We have a bearish divergence and falling ADX line of bullish DMI. It tells us that the market can move lower and test the cloud as a support zone....

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The price bounced from 0.85500 support level. The daily timeframe gives us a bullish divergence which is a buy signal. The indicators from the 4H chart confirm the price reversal and a possible upward movement. DMI is bullish, and ADX line starts an upward movement. If this line moves above 20 level, it will be a good confirmation of the bulls' strength and new...

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Here is another market for testing. Using the screener I search for the oversold markets where RSI is below 20 or 10 level. Based on this parameter, we have ATLAS market with a possible trading opportunity. The price dropped a lot based on the fundamental news and the market reached 2.00 support level. Pending orders for buy can be placed at 4.00 level - it's...

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Without any news, Bitcoin market becomes boring, sometimes too boring for watching and following. The short term spikes up and down, which can be used by trading in some cases only, are changed by sideways movements. These movements don't provide exciting trading opportunities with good profits, and it's better to use them mainly for scalping. But scalping is not...

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The daily chart clearly shows that the market is going to correct the previous strong upward movement. RSI and MACD support a possible downtrend movement. If we look at the 4H chart, we can see the price attempts to break below SMA100. It's a signal that the uptrend can be reversed. MACD supports the further downward movement. DMI is bearish, and ADX line...

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It's not so good that different exchanges have a big difference in prices for the same market. It makes trading more complicated as you have to monitor several sources and get exact levels for every exchange. But what is good, that we have the same movements and structures and TA analysis can be used properly even the prices are different. I prefer to use...

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The market looks interesting for trading and investing in long run from TA. But does it look strong from fundamental point of view? Let's discuss it! When the price broke SMA100, we could use this signal for confirmation of the trend reversal. From that moment the market has been developing the bullish structure. We have higher highs and lows which can be used...

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The weekly timeframe confirms the uptrend and the falling from the highs it is just a correction movement. If we look at the daily timeframe, we can see this correction. Now the price is at the local downtrend line where the price action will show further market movements. Here we have 2 possible variants which are important for us. A breakout - if the price can...

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The daily chart tells us that the market is in the uptrend and now we have a correction wave. The price bounced from the resistance and gave us a double bearish divergence - the trend reversal signal. I'm not sure that we have to talk about the new bearish trend for Gold in the long run, I think the correction movement to the main uptrend line will be more logical...

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The market follows Bitcoin step by step. After the falling from 160.00 resistance level, the price reached the support zone formed by SMA50 and SMA100. Now we can see the reversal from this zone, even the uptrend line for such reversals could be the better place. We have the market which is bouncing from MAs, and the bullish candle with RSI are confirming it....