As I showed in a previous analysis, BTC is setting up for a major retracement to the rising blue arc. The vertical red trendlines correspond to NVT sell signals on the weekly chart. Almost every single NVT sell signal has resulted in a decline of 70% or more, aside from the one that occurred in November of 2018, which resulted in a 52% fall. I believe that decline...
Good evening traders!
In this post, I'm going to cover the 'Rectangle Formation' and how it applies to Bitcoin and my trading plan for how I am going to be trading it.\
Bitcoin recently broke down from our descending triangle as we highlighted as a possibility in our last bitcoin analysis as we had several futures gaps we...
Inverted BTC chart looks very similar to the BTC chart of November-April:
We have the same Ascending Triangle and the first breakout occurred on September 24, which is the equivalent of April breakout. Right now we are consolidating above 200-Day EMA, which looks like a Bull Flag.
We’ve tried to break the major resistance at 7800-7900 on the inverted one for...
Oversold position, we can expect the market to make a correction based on the indicators.
The euro made a nice bounce up with the good Brexit news but next week the euro zone has to face another problem 25% taxes on new products by the USA.
EURGBP is very close to 2019's market low.
Pay close attention to 0.847 - 0.854 demand zone.
Bets are very high that we will see a pullback from this area.
Also, it is very easy to protect our position setting our stop just below the identified low.
Target level is based on structure and projection of BC leg.
Pattern: Channel Down on 1M.
Signal: Bearish as the price has entered the Lower High divergence zone (if the current is also -0.40% lower from the March - June Lower High range).
Target: 1.0800 (even though the -4.65% extension can go as low as 1.0700).
NOTE: The same pattern has been followed in the past for successful trades as seen...
Hi, today we are going to talk about SPY and its current landscape.
Last day of the week of earnings, once more, we look poised to being pushed to higher levels as investors lose focus of the macroeconomy context. But if the market takes sights of today landscape, we might feel a Bearish pressure since China seems to show more signals of a slowdown as gross...
Today's dip will scare a lot of investors out of the market, but keep in mind that it's a Friday and Fridays tend to sell off. The S&P 500 is still in its upward channel. If market sentiment truly turns negative, then we'll see the channel break next week.
Are we closing in on alt season? That's the million dollar question. In this analysis, we're going to take a simplified look at the alts, to try to determine how far we may be from alt season. This is a weekly chart of the cryptocurrency market cap of all cryptocurrencies excluding Bitcoin. On this chart, we can see that there are some similarities to the current...
Dollar index keeps falling.
Selling pressure is accumulating and for the last two weeks, we haven't seen any pullback.
The market is coming closer and closer to a support line of a major rising channel.
I think that bears will keep pushing the market to 96.5 level and only from the identified zone we will see a...
Crypto Market Analysis & Altseason..!!
#1 Total MarketCap
- Forming Falling Wedge Pattern in DAILY Chart..(Bullish Pattern)
- Total MCAP Looks Stable Around 200-210B From Many Days..EMA30 (RED) is Acting As a Resistance..(220b)
- But I'm Expecting Another Lower Low Before Wedge Breakout..(For Strong/Healthy Wedge Formation)
- In Next 2-3 Months, I think...
Hi friends! Welcome to this update analysis on the S&P 500, via the weekly ES futures chart. Let's get right to it! Looking at the weekly chart, we can see that there are so many beautifully symmetrical things to highlight here — many of which I have covered in recent analyses.
Looking at the broad structure of the market, we can see that in the early to mid...
Hello dear friend, here my 1st video idea on TradingView, please don't judge strictly, English is not my native language, I will continue to try to improve my skills in this. Thanks to everyone for your support and I will try to do the best what I can to do.
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any...
Hull is its extremely responsive and smooth moving average created by Alan Hull in 2005.
Minimal lag and smooth curves made HMA extremely popular TA tool.
Script was made to regroup multiple hull variants in one indicator,maintaining flexible customization and intuitive visualization
Option to chose between 3 Hull...
USE ASHI CANDLES tradingview forbids me to show you the ashi candle results, but using ashi candles eliminates over 30% of bad signals!!
Latest in the ELIMINATOR series, please use the ELIMINATOR PVT RSI TUNER, to get the best settings , you should be able to get 75%+ successful trades....
Script contains couple momentum oscillators all in one pane
List of indicators:
WaveTrend by LazyBear
Default active indicators are RSI and Stochastic RSI
Other indicators are disabled by default
RSI, StochRSI and MFI are modified to be bounded to range from 100 to -100. That's why overbought is 40 and 60 instead 70 and 80 while...
zones of liquidation of marginal Short positions ETH / USD on Bitmex
green - open price;
lines respectively - x50, x35, x25, x20, x10, x5, x3
Зоны ликвидации шорт позиций на эфире для Битмекса
Настройки - price = цена входа в позицию
(использовать лучше с индикатором профиль объема либо раскидывая от центра/границ...
When things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions.
Some people following me might have read about the Nokia example. Well it was here all along.
The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart.
Posting this idea as BTC because I want more than 3 views ;)
Plus it is the one currently in an echo bubble.
First let me repost the railway...
Some time ago, I made the poll asking the audience from the social media the following question: "What type of trading do you prefer?"
The options were:
- Manual Trading
- Auto Trading
- Both Types
To make everything clear, let me describe each type:
Manual Trading - it is any trading when you open, manage, and close trades by yourself. You can trade using...
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart.
Currently running Head and Shoulders pattern
Remarkable zone 1, 2 and 3
Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063
At the remarkable zone, its has highly price...