structure_trading

structure_trading

A blog about trading analysis, in which I explain my thought process and trading ideas to share with the community.


Ethereum Holding The Bearish Pressure

2 days ago 1 minute read Oligon $0.10 tipped

Since december of 2018, Ethereum has pulled off a very impressive bullish run from $80 to a peak at $360, a level where sellers and profit taking from buyers dropped price impulsively to $182, making some corrections along the way (marked in the yell...

Bitcoin Inside Huge Corrective Structure

1 week ago 1 minute read Oligon $0.10 tipped

Bitcoin is currently within a really big corrective structure in the form of a descending channel. Price is following an impulsive move that went from $7.5k to $13.8k (almost doubled in value!) and now is relieving some steam off all that buying, how...

Ripple Touching All Time Lows Zone

1 week ago 1 minute read Oligon $0.15 tipped

Ripple is sitting right above all time lows at $0.29 and is doing so bringing some strong bearish price action with it. This is the deal breaker moment for Ripple, either buyers step in the next few days or we might see price dive lower.   I believe...

Litecoin Trapped in Consolidation

1 week ago 1 minute read Oligon $0.32 tipped

Litecoin has been wandering around between $85 and $106 with no clear direction since the beginning of July. It’s been almost a month and still there are no definitive signs of where price is heading.   If we look from a market structure perspective,...

Ethereum Correction To Be Over Soon

1 week ago 1 minute read Oligon $0.91 tipped

Ethereum is currently forming either a flag pattern formation or a most likely an ascending triangle. However, price is currently in a downtrend and sellers have shown a strong presence with large impulsive red candles on the chart, so I think this a...

Bitcoin Approaching $10.9k With Momentum

2 weeks ago 1 minute read Oligon $0.20 tipped

I hope everyone who read the previous analysis got in the Bitcoin bounce from the major support zone, as it has rallied strongly from there. From a market structure perspective, price is approaching another major level at $10.9k, meaning we have two...

Bitcoin Reacting To Support At $9.6k

3 weeks ago 1 minute read Oligon $0.00 tipped

Bitcoin is currently taking off of the major support zone spotted between $9k - $9.6k. This gives good signs of a price rally to the supply levels above at $10.5k and $11.2k, so for investors this is a good opportunity to buy some bitcoin and sell at...

Ethereum Ascending Triangle Pattern Breakout

3 weeks ago 1 minute read Oligon $0.04 tipped

Ethereum is about to break through the recent triangle pattern formation after reacting to the minor support level at 0.02169 and showing signs of bullish strength.   I would expect price to break soon and either go all the way to the next structure...

Dash Market Structure

3 weeks ago 1 minute read Oligon $0.11 tipped

Price is currently undergoing an impulsive-corrective market pattern and respecting structure levels. The last corrective wave had a lot more sideways action and for a longer period than previous corrective waves, which signals to me that buyers are...

Steem About to Skyrocket?

4 weeks ago 1 minute read Oligon $0.09 tipped

Steem is currently sitting right at a major support level at $0.2089 and about to hit the AB=CD pattern completion level at $0.1950. It is very important to notice that price has not gone below this area since April 16th 2017, so this has become a ma...