From LOW (25/09/2019 = 0.192 $) to new HIGH (24/02/2020 = 0.5027 $) it takes 151 days. From LOW (13/03/2020 = 0.0958 $) to new HIGH (14/08/2020 = 0.76 $) it takes 154 days. From LOW (05/11/2020 = 0.2337 $) to new HIGH ....? If we are in 150-155 days cycles, we can see new ATH in april .... WHY: 1) we are in cycles 2) it could be start new ALT...
RSI / MACD / MARSI and Moving Average could be wisely used in order to make better spread trades. Let’s have an analysis on the indicator RSI. We start an algo focused on RSI on the uptrend of Bitcoin since 28 oct 2020 -> today. Rules: If the RSI drops below 25%, We take a long position. Whenever the RSI is Back to >70% we sell this position. Time per candle is...
Hi friends hope you are well, and welcome to the new update on Algo coin. Breakout from wedge pattern: On the daily chart, the priceline of Algorand coin started the formation of wedge pattern in the 1st week of Nov 2020 and now finally, it has broken out the resistance of this wedge. Reached at $0.50 resistance: While breaking out the wedge’s...
not financial advice my take on the 1 week chart for Coinbase Algo please like and comment on how high you think it can go,
H4 Possible LONG: growth from support at 14.30 to resistance at 18.30
Trade Safe. Remember to set SL's, leaning on bullish above 515's. Long Holding Above 517.80's 🔸 Conservative 523-524 🔸 PT 526-527 🔸 Ideal PT 530-532 Short Breaking Below 515.35 🔸 Conservative PT 513.30-512.11 🔸 PT 510-511 🔸 PT 507.54-507 🔸 Ideal PT 504.75-500.12
LVS appears to be holding strong above its range state with the potential to continue upward. If the vaccine gap holds, around the 52 area, and net volume remains positive then LVS looks like a solid breakout candidate.
Ripple was the 3rd buy of the crypto space but has significantly lagged BTC and Litecoin. It still remains much higher then the previous range state but recent news hasn't helped the currency. Our model doesn't account for news stories so the recent SEC drama was never a factor in our decision making. If XRP cant hold 0.43 we are out of the position.
The currency pair is hovering near a threshold point. Any solid break lower will bring it back into a range state toward the 72 area. If this recent continuation pattern is going to continue it needs to happen sooner rather than later. Broader risk trends like equity markets will have an impact so maybe the next move will be decided by how the stock market closes...
We were burned holding CRM into earnings but price seems to be reversing back into the previous range. As long as it holds the 215 area, net volume trends higher, and the overall market holds up CRM could regain those earnings losses
If the 151 low holds this is potential a great play back into the range area near the earnings gap at 206. As long the overall market holds up and volatility continues toward 20 and below SPLK might be able to make an advance
Our range play has turned into a full continuation phase to the upside. We couldn't have predicted this strong of a bounce it has even outperformed AMZN. I could list a series of "fundamental stories" for why it has had a great run but when you trade with a model you don't have any. As long as shop holds above its previous range state and the net up vs down volume...
GBPUSD H4 - Possible Long: rise from support 1.3200 to resistance 1.3620
Stop: 3730.00 Just as with the DJIA the model is picking up a potential reversal back into the previous range. At minimum this will hedge our long stock exposure
After getting stopped out once trying short earlier this month, our most recent short is finally making some progress. A reminder to stick to your process and always be patient. There is never anything wrong with being stopped out because it allows you to re enter a position at a better level no matter what your strategy is. Ingenuity Trading Model is an algorithm...
Stop: 0.6885 First target: 0.7100 Adding to out long Canadian dollar exposure this time against the swiss franc. Our model continue to point to further gains and possibly a breakout higher out of this range it has been in for months now. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov...