#ADXUSD $ADX broke out from long term descending resistance and it is still above ascending support line, next resistance is more than 100% up from here, buy now ♨️ targets in chart 🧘🏻♀️
Daily Chart - Swing Trade - Fibonacci Retracement Strategy QS retraced significantly from its ATH and is currently consolidating at the Point of Control (POC) also a Demand Zone right around $50.00. ADX is below 25, meaning QS is not trending right now. You'll notice on the left that the fib retrace level shows, just over 78.6% price retraced, which is big and a...
A Symmetric Triangle formation has occurred on the weekly charts. Above average high volume on breakout. Also price has been in an expanding formation since 11th May 2020. Price objective as per Triangle formation comes to 382.9 Other near term price targets are shown by green horizontal lines Rising ADX line + Bullish MACD crossover on weekly charts...
As shown ADX is 25 and upward So Bears has required momentum, as DI- goes up BTC can down to about 30K . Be careful: Your Trade , Your Risk, Your responsibility!
I usually have a number of stocks that I like because of the fundamentals, and I just wait for the technicals to do what I like. This time NYSE:U is doing it in a very good way. The price is not yet above its MAs but it has a strong divergence with the MACD and the ADX is below 20 points, all this while formming a "low cheat" which is like a mini "cup & handle"...
Taking stable support at 240 Breaking trendline Adx and HM system positve Supportive moving average
I'll open this saying that always wait for confirmation. Now, all I can see in this chart are bullish signs. The ADX is above 40 points stating the end of a trend. The MACD is making the bullish cross while in good divergence with the price action for the last month. Last week OTC:GBTC made a bullish candlestick pattern called "the island reversal", is when two...
VeChain 4hr Chart update: VET is still in the Bearish Zone of the Ichimoku Cloud. VET is testing the Ichimoku Cloud Leading Span B (Senkou Span B) cloud resistance. Which is also where the Bollinger Bands Middle Band Basis 20 Period SMA is located at the moment. We need VET to eventually close a 4hr Candle within the Equilibrium Zone of the Ichimoku Cloud,...
BTC Daily Chart update: BTC is still above its WEEKLY 50EMA. BTC is back above its Descending Pitchfork Median line. BTC needs to turn its Bollinger Bands Middle Band 20 Period SMA into strong support. Volume has increased and is now above its Volume 20 Period Moving Average. Hopefully BTC can close this day as a green bar. BTC is still in a Descending...
BTC - A look at the Weekly Chart: BTC is still above it’s 50EMA on this weekly timeframe. BTC is below its Bollinger Bands Middle Band Basis 20 Period SMA on this weekly timeframe. Note that the Lower Band has risen up indicating volatility has slowed and now brought back into equilibrium for this weekly timeframe. Note that the Bollinger Bands Upper and Lower...
Unfortunately, my last three posts have deleted, because I did not comply with the '' house rules ''. About BTCUSDT Chart, I can say some info; First, we are at Symmetrical Triangle (trusty == more than 45 _60 candles are on our Triangle) + We have Hidden Divergence ( HD- ) between MACD and Price , until now + Evening Star (Bearish candlestick ...
following trendlines May bust both side
Trading BTC pairs is a great way to be accumulating some more BTC. ADX is looking like its getting ready for the next move up as we have a continuation pattern and is on the verge of breaking out... Can either get in early before the breakout and have a stop loss in play incase of downside, or can wait for a breakout and a retest flipping resistance into support...
In ADX indicator, level 40 has been reached which means it's overbought. The momentum ends and the price will change the direction. There is a small head and shoulders as a confirmation of direction reversal. The price goes down and breaks out the demand area number 1 but it bumps the next demand area (number 2). It executes the buy orders and goes up again and...
- Higher High for Uptrend. * Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio, - Command 1: risk / reward 1/1. 59% success percentage. - Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%. - Number of consecutive wins in the past: 9. - Number of...
Looks like DOGE retraced to 0.786 on the fib and is pushing back up to test highs. AXD / DI indicators have similar setup to the first run.