I would like to share my most recent analysis of BTC/USD. Hope this helps you identify some strong areas, directions, danger zones, etc.
Let's start from the Weekly timeframe(TF).
The orange line is Weekly EMA50. Four weeks in the row it has held the price and last two weeks the price has got tiny rejections upwards of...
Following the latest analysis on Bitcoin's Symmetrical Cycles (2017/18 vs 2019) on the 1M chart (you can find it at the bottom of this study), I have decided to take the research one step further and attempt to time the bottom of the current correction.
In doing so I have scaled down to the 1D chart using again the MA1000 and MA1400 periods as the long term Buy...
The market stays bearish, boring, and all the previous ideas are still workable. I wrote about the bullish plan, and I wrote about the terms for the bearish plan. These posts you can find in the related ideas, and I advise you to refresh your knowledge.
The price stays at 8000.00 key level. The market could not develop the upward movement and bounce from SMA...
Reasons for it:
- Price breakout Channel
- Support level 8200 $
- Buy Zone
- Top part of channel coincide with Buy Zone
- Always do your own research
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any questions or trading ideas you can post them in comments!
Thank you for your support, I appreciate it.
The price reached the uptrend line. From the higher timeframe, this zone is also supported by SMA200. We have a strong support zone where the market can give us interesting buy opportunities.
We can see that the price broke the local downtrend line. It is the signal that the downtrend is not so strong now. The 2nd downtrend line based on new swing highs can be...
Hi, today we are going to talk about SPY and its current landscape.
Despite the recent shaken over the "phase one" of the Trade Deal between the U.S and China, last weekend, the Vice Premier Liu He reinforced that the negotiations still going on and already made substantial progress in several aspects. These affirmations should feed the hope of the market in the...
The "famous" and loved stock among investors, Berkshire Hathaway, approaching a pretty sweet breakout zone.
Since the mid of 2018, the price has started to "draw" a chart pattern called Triangle.
At the moment, we can say that this Triangle is a continuation pattern and if we see a Weekly candle close above the upper orange trendline (marked as a green area)...
Hello, dear stock Trader!
Monfex is at your service and today we overview Apple.
AAPL broke the strong resistance level - All-Time High , has already tested it locally and going to the 127% Fibonacci level. But we have on many indicators the strong bearish divergence and is sign that near $ 250-255 we will can suggest a sell position to the support zone of...
Hello crypto friends,
First let me explain for those to whom these facts might be new. So what is a Bitcoin Trust? It's a company that owns an amount of Bitcoin as an asset. Investors could buy shares of the trust, owning contracts that represent ownership of Bitcoins held by the trust.
You thought the only legal way for institutional investors to invest in...
Monfex is at your service and today we overview Bitcoin Dominance.
The domination is near the strong resistance line and MA100 and most likely this week we will see a rebound down to the zone of intersection the middle line of the large ascending channel with the bottom line of the falling wedge from which this percents can go up.
S&P 500 (SPX) has been sideways since January 2018 and it’s also sideways more recently since July 26 high. After forming peak at January 22, 2018 at 2872, the Index managed to make two more marginal highs. However, each time, the new marginal high lose the momentum and pullback again.
Current short term outlook suggests the rally to 3022 ended wave (1) and the...
I am frequently asked about my opinion on investing in gold on current market prices.
though I have already expressed my opinion on this subject multiple times,
here is the answer from a different angle.
Analysing gold on weekly we can quite easily identify key structure levels that are important for the market...
Hi, today we are going to talk about USOIL
We observe a 30M, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Join the Traders Heaven today, for more exclusive contents!
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should...
Hello my dear precious metals friends, and welcome to this Gold price prediction and technical analysis for October 21st 2019! ;)
Even though we have major weakness in the DXY currently going on, the Gold bulls still struggled to get that break above $1,495. The decision is coming soon! ;)
If you're interested in deploying the Odin framework, you can start off...
Hello dear friend, in this video we will take a look on BITCOIN, ETHEREUM and RIPPLE to US Dollar and make a Trading Plan
As you remember English is not my native language, so please don't judge strictly my English, I will continue to improve my skills in this.
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any...
Covered more time frames in this video for further clarity... Looks like we will likely come up to test the 200-MA in the Daily (24h) TF. Then we will likely come back down again about the time the 50-MA meets the 200-MA in the Daily. However, I believe that event will be used as a shakeout (bear trap) to lull in shorts to squeeze them shortly thereafter. If...
Hello my dear XRP traders/HODLers/friends, hope you're doing well! ;)
First of all: Thank you so much for your interest & trust in automating our Odin strategy for your trading, we were completely overwhelmed by the amount of people who applied!
Second: The bulls are definitely still defending the upward channel, even though we have a nice divergence going on....
This system based on 14 different indicators ( sar+ST=supertrend)+Zigzag+Roc+DMI+ CCI+Weis+sma20 + ao + momentum + macd + bullss vs bears + ichi + hull)
Each given points , the total points that we get suggest buy or sell
the highest weight points given to MACD and SAR
buy =if total points >0
strong buy if total points>7
strong sell if...
October 21 2019 - Easy Fibonacci Channels - by RootDuk
Easy adaptable fibonacci channels. By changing the levels you can adapt
the lines as needed. There's also global params to use for horizontal and
This is TSI and CCI combined. The CCI is customized and is using HullMA, but the TSI is default TSI
For use with the HMAv420 indicator, to form trading strategy based on the 3 indicators.
Best as all 3 indicators used on 3 timeframes at once, ie 1m 5m 1H
This script is the 2nd version of the BTC Deep Learning (ANN) system.
Created with the following indicators and tools:
Guppy Exponential Moving Averages:
Note: I was inspired by the CM Guppy Ema script.
Thank you very much to dear wroclai for his great help.
He has been a big help in the deep...
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...