The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 141.9 and 142.4). Our preference: The upside prevails as long as 139.7 is support. Alternative scenario: The downside breakout of 139.7 would call for...
The RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average...
The RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 135.3 and...
In this post i will discuss how to double your money with Doge. A symmetrical triangle occurs when the up and down movements of an assets price are confined to a smaller and smaller area over time. A move up isn't quite as high as the last move up, and a move down doesn't quite reach as low as the last move down. The price moves are creating lower swing highs and...
It is clear this is going to jump, and FAST but hold and accumulate! UNLESS YOU KNOW FIB TRADING WELL DON'T TRY WITH THIS COIN! JUST LONG PLAY! That's is my opinion. BUY SHIBA INU UNLESS YOU THINK THIS GOING TO 0, NOW IS THE TIME!
Hi friends, I think ADA will go up after restest to the trendline. **feel free to correct me or share your views in the comments.
ETH/USD - Ethereum, Trade Idea! It could be time to sell, further confirmation is needed depending on your trade plan. Technical aspects: Pattern: H&S / Triangle Formation Key Resistance: 4033.10 Key Support: 3524.10 A break to either direction, on S&R areas will show clear direction of where Ethereum is heading. Key Tip: Follow your own trade plan for...
YFIBUSD is losing momentum, while hitting a big volume of sell orders. I think it's about to drop. A good price action any moment from now is a good SELL. I will keep you updated if necessary. For any questions or opinions use the comment section please. Thank you.
Hello Fam! ETH is rejected from the higher boundary of the descending channel. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hello Fam! ETHUSD formed a bullish flag pattern. We can long if price breaks out of the pattern to upward. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hello Fam! BTCUSD broke the resistance trendline as I said and now goes up. Still great entry to long. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Ethereum is about to complete the inverted Head and Shoulders pattern. Wait for a breakout to go long. Follow me for more ideas.
Hello Fam! Bitcoin left the ascending channel, it correlated with a rejection of the horizontal resistance. Now we have support to be visited & more downward if Bitcoin crosses it. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Longed here, will see how it goes. Also expanded my stop, because the price may well go into the red zone, if so - I will buy here. Invalidation - close below $9250 Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Just wanted to share some observations. Early days yet and nothing is confirmed. Wait for breakout and observe if the upper line of the Ascending Parallel Channel pattern forms a resistance and that the bottom line forms support. If it does then we have some way up to go on a longer term with this pattern and can continue trading within the ascending parallel...
What is up everyone :) Leaving here a decent trading idea, with a good balance displaying price action with valid Fibonacci levels. The POC (Point of Control) is just at entry which I expect to be broken with strong momentum (or rejected). If we break above 1815 - or just in time entry - there's a very high probability of the setup making target. At the same...