Chop. c h o p. CHOP.
The last 3 months have been nothing but ranging chop and have humbled many traders.
I am not a big fan of trading ranges, but have had some good trades nonetheless playing the support and resistance levels.
I've also had my fair share of stop losses hit in the nasty stop hunts on the low liquidity...
Many try to explain why Bitcoin has been trading sideways for nearly 3 months stuck between 9100 and 13900. The answer may be simpler than we would expect.
Drawing the Fibonacci retracement levels from the December 2017 market top to the December 2018 market bottom we can clearly see that the current consolidation is taking place within the 0.382 - 0.618...
It’s hard to deny that BTC is in a bearish descending triangle and there is not much to say until the triangle is broken, but in my opinion, Bitcoin is in a bullish re-accumulation.
Typically, the breakout from a descending triangle is triggered to the downside, but not all descending triangles breakout to the downside. You can also see an upside breakout. In this...
Compare the RSI of XRP from the last fucking TWO MONTHS & compare it to January, February, and March of 2017
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PREDICTION:
We will fall below 30 RSI one more time, bounce.
Then we will retrace back to retest the 30 on the RSI and we will start the...
NZDUSD, Sell on H4.
H4:
- Structure: Downtrend
- Tendency: Upward
- Test resistance daily and move down
- Below resistance and 2 EMA
=> Sell
PLAN: As picture
- Sell: 0.640
- TP: 0.630
Welcome to our weekly market Breakdown ( USDCHF )!
-
1 HOUR
Bullish move after forming new h1 lows.
4 HOUR
Small bearish pullback in a bullish market.
DAILY
Bullish moving market with several pullbacks.
OVERALL
Expecting prices to form new highs before heading back down to
average price movement and range. Will update you once we
have more...
Hello Traders!
EURUSD is near strong resistance.
Firstly, there is a strong resistance level of 1.1112 which has been tested many times.
secondly, two lines of resistance. Plus, the trend remains falling. We are looking for sales to the support line. The price may once again rise to this level of 1.1112, after which it will go down.
Hello Traders,
Welcome back to another chart, Today’s chart will be on the MJ sector – CRON
Points to consider,
- Price is trending bullish up retest of trend line
- Local resistance a .618 Fibonacci Line
- RSI coming into apex
- Stochs testing resistance
- EMA’s giving price resistance at current given time
- Volume is well below average
- VPVR, showing...
MNST is currently within its cyclical consolidation phase (1W RSI = 47.866, 1M RSI = 51.690, ADX = 21.720, Highs/Lows = 0.0000) following the price peak in 2018. This phase has lasted around 780 days in the past and was always followed by a strong rise to a new peak.
With the 1W MA200 supporting we have entered the last phase of this consolidation and if the...
Exxon Mobil Corporation Very nice Bullish pattern targeting new uptrend for long term but 1st targeting previous major top and fibo resistance at 78.5 good RSI MFI and stochastic too Note: not recommended for options traders :)
We looked at the Market Cap BTC Dominance (BTC.D) chart recently and noticed a potential top/peak being hit.
This was marked by bearish divergence coming up on both indicators, MACD and RSI, as well as decreasing volume and alts season coming up.
Now, we are seeing BTC.D move and close below EMA10 (72.11) for the second time.
If the last low at 72.00 fails, we...
The sentiment on alt coins is almost as bad (possibly worse) than bitcoin at $6k, $3k. It's time for a new market cycle. I have been short term bearish on bitcoin since we interim topped at 14k, as i've mentioned i'm still expecting more downside for btc in the short term. I believe this next swing down will provide an opportunity for some alts to bottom in terms...
Looks interesting. A little push here from the alt-coins which is a sign of money going into alt-coins instead of Bitcoin...
This needs to go up with BTC dominance to go down though.
Hi friends! Welcome to this update analysis on Gold, via the GC futures chart. Let's get to it! In this analysis, we're going to step back and take a multi-decade view of the gold market, to try to understand what's currently happening, and where we may be going.
As you can see, this weekly chart begins in 1975. So, we're looking at 44 years of data. Clearly, we...
The price is under Resistance Zone now.
It's huge possibility to continue move down.
BUT!!! If the news about attack in Saudi Arabia on oil Factory can influence on Gold and Oil.
So if you will see a GAP after the market will open - don't open any trades, it will be better for you.
Before to trade my ideas make your own analyse.
Write your comments and questions...
Hello Traders!
XAUUSD has almost reached a key support line.
Gold is still in the upward channel and until this line is broken we will consider longs.
It is logical to buy from this line, and the first target will be the resistance level 1522, the second target - a strong resistance level of 1555.
NTRODUCTION
I have been a trader for 13 years and traded through the financial crisis . I have been around the block , gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN TRADING ROOM OF VERY INTELLIGENT TRADERS AND...
After it seemed like everyone and their grandmothers had capitulated alts into Bitcoin over the last few months, are we finally seeing a reversal? Did I very nearly nail the bottom here? I guess we'll find out.
This video is not financial advice. It's mean for educational and entertainment purposes only.
-Victor Cobra
Hello dear crypto friends, hope you're enjoying your weekend! ;)
EOS is clearly the strongest major Alt right now, and therefore we're gonna look both at the Dollar & BTC pairs. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me...
This is my mod of a wonderful script by alexgrover. See his comprehensive description of the logic behind the script at his page at .
Added are labels, alerts and selection of periods among (mainly;)) fibo numbers.
A moving average that weighted with Farey fractions. It matches a standard linear weighted average almost one-to-one. Why? Because both averages have strictly monotonic weighting sequences and assign a higher weight to latests data. So, Farey weights are just scaled to linear ones. Instead of specifing period you specify an order of Farey sequence. To learn more...
Daily OHL + Weekly OHL + intraday kill zones
Vertical Boxes Color Code:
brownish-red = Asian range time frame
blue = London Open kill zone
green = NY kill zone
purple = London Close kill zone
Not many are able to think long term and realize this, but the cryptocurrency markets have already topped.
With summer ending soon, the next 50% price cut might be only a few weeks away.
Good news! I was (finally) able to verify and unfreeze an account with a crypto exchange and cashed out most of my money out of this MLM scheme.
Now, I have no skin in the...
Hi friends, today I want to share the constructor of your trading algorithm.
I want you to take a piece of paper and a pen and answer these for yourself
And this will be your individual trading algorithm
1. Trade style
Decide how you are going to trade
Choose your style
- Short term
- Swing trading
- Medium term
- Scalping
- Carrytrade
- News...
As I can see, tutorials are not so popular in TradingView if compare them with trading signals. But in spite of this fact, I want to keep sharing my ideas and experience about - How to trade properly in the financial markets. Of course, I can't teach you how to become successful in trading just write for you 10, 20, 30 such posts. Without your wish, you won't be...
Gold has been on a very aggressive rise since it broke the 1,380 long term 1W Resistance. Recently it made contact with the Higher High trend line of its 1M Channel Up (RSI = 73.372, MACD = 46.760, Highs/Lows = 196.7521). Undoubtedly we have entered a new long term multi year Bull Cycle but that doesn't mean that the uptrend won't be without lows. Long term...
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