hossein-amiri

hossein-amiri

Hello Fellow Traders Looking at the hourly chart we can see BTC is climbing up through an ascending channel and corresponds to the mid-channel line ( yellow dashes ) Stochastic RSI looks favorable for the bulls and is about to cross the "20" line up. From the bullish side: - If we see enough volume, the price might push toward the upper side of the...

hossein-amiri

Hello Fellow Traders Here we have BITSTAMP:BTCUSD on hourly timeline, As you may notice it's closing in on the end of the symmetric triangle and it is expected to make a move in the next day or two. On the upside, The resistant area has the potential to block price to climb up any further since it is backed by two factors: 1- Blue resistant line which...

hossein-amiri

Hello Fellow Traders NASDAQ:RUF has been climbing back up over the past few days which brings some hope in terms of settling a support at around 18.30 (200 Weeks SMA Shown in Red Line) at weekly chart, but we've been witnessing drastic decline in value of this index since the early 2018 and it seems that the bearish trend is not just over yet. The warning...

hossein-amiri Updated 

Hello Fellow Traders Before we get to the TA I'd like to put some points in perspective in regards to market psychology: BITSTAMP:BTCUSD has continued its way down for the last few days and its market cap went from 110 Billion to around 78 Billion, Whether it's because of SEC moving on some Exchanges/ICOs or the hash war that has been going on or even...

hossein-amiri

Hello Fellow Traders Before we get to the TA I'd like to put some points in perspective in regards to market psychology: BINANCE:BTCUSDT has continued its way down for the last few days and its market cap went from 110 Billion to around 78 Billion, Whether it's because of SEC moving on some Exchanges/ICOs or the hash war that has been going on or even...

hossein-amiri

Hello fellow Traders BINANCE:XRPBTC is struggling to break below after hitting one of its major support zones at around 0.00007700 Sats (Depicted as the horizontal white line in the chart) This support zone is also confirmed by "50 Days Moving Average" (Shown as the yellow line) As you can tell the yellow line has acted as support and resistance zone...