honarparvar

honarparvar

Writing is my addiction!


a longterm Bitcoin BTC trend, I expect

15 Nov 2022 1 minute read 1 comment Emad

pure technical stuff here! no maximalist sh!t or news trading, some say fundamentals... nope! just TA... this weekly chart of Bitcoin BTCUSDT and my comments below the chart: there is a falling wedge, two pushes up with red circles, you can imagine...

I buy MANA Decentraland at ....! see my analysis

6 Sep 2022 1 minute read 0 comments Emad

MANA is an interesting coin in Metaverse ecosystem. I have talked about it before in details, here now I believe I can buy this coin and have some in my portfolio. a weekly bearish divergence in charge right now, along with a daily (unconfirmed) bear...

Bullish on Gold? here is my analysis

5 Sep 2022 1 minute read 0 comments Emad

this is what I published on September 3rd (2 days ago): Now this position has been triggered and I'm gonna explain why I believe this way: 1. a decent daily timeframe regular bullish divergence;2. a wide bullish divergence on 4h TF as well;3. a fall...

This Ethereum bearish divergence isn't perfect; but...

3 Sep 2022 1 minute read 0 comments Emad

This Ethereum bearish divergence isn't perfect; but there are few other issues which may make you wonder of a short, like me: 1. it's same direction with weekly bearish divergence!  2. it has a little risk (close stop loss) 3. the wedge would be mor...

The simplest profit target/entry level ever, explained!

16 Aug 2022 1 minute read 0 comments Emad

very simple and very useful:you have a sharp rise or fall, the price makes a wedge or flag, you know there would be a correction, and then:1. wedge will reverse the trendOR2. flag will continue the trend where is the limit for correction to take prof...

inside/outside bars pattern success rate

30 Jul 2022 1 minute read 1 comment Emad

I love price action and I recommend it to everybody, especially Al Brooks trading courses, but we have to put everything we learn in to test. Inside and outside bars are meant to change the trend. but if you simply look at them like that, they fail i...

An Elliott wave approach to analyze Ethereum 1h chart

28 Jul 2022 1 minute read 2 comments Emad

let's consider the beginning and source of the current move, the lowest level of July 26th; Elliott impulse wave 12345 leads us to the recent high;the 3rd wave itself can be shown as a WXYXZ combo wave;divergence is probable (highly) in 1h time frame...

Cardano's 2nd leg to rise exhausts in coming days

20 Jul 2022 1 minute read 0 comments Emad

this is a multi time frame analysis, based on daily and weekly TF on Cardano ADA which I was bullish on since 14 July  reason for entering long:a bullish signal candle in Daily chart (shown below) + bullish divergence between July 1st and 12th in dee...

when every low, is just a buy entry signal! it's now!

19 Jul 2022 1 minute read 0 comments Emad

I'm talking about Bitcoin? not necessarily, it works for most of cryptos nowadays. when a strong bull trend in charge, I don't look at the reversal signals and candles for short. but I see them as buy opportunities.I explain it more: first: the trend...

Binary trading: Just looking at current's Bitcoin's candle and predict next one!

17 Jul 2022 1 minute read 1 comment Emad

is it possible? in some timeframes and some occasions, YES.  and right now I believe is one of them. Time frame: Multi time; Daily and Weeklytoday is the last day of the week, so next day and week candle opens at the same time. so let's look at the d...