Play on rejection of 200-day EMA after bulls fail to break the downtrend with tight stop loss. Entry: 41,000 Stop Loss: 44,000 Target Price #1: 35,000 Target Price #2: 30,000 Target Price #3: 25,000 At each price target move stop loss to 10% over target value. Reasoning: First dip below 200-day EMA of the bull run. Sharp rejection possible. Potential...
Still feeling dogecoin here. Simple moving average (SMA) suggest that we have a trend in my opinion. Every indicator is reset, we have plenty of room to grow as most of the weak hands are now out. I immagine we have seen the worst of the dorps, but there could be further coils to 28 26 24.. do not fear, this game is just beginning. we are bullish long to 1...
One Hour Chart showing a Phoenix Signal to buy! I am practicing my 1 hour chart Please comment and like. For educational purposes.
Hey everybody i just want to share with you some interesting stats i found about the #1 (most important) stock on the planet since 2000. For me apple makes the major trend in use since it's the largest one as well, so it makes total sense to pay 101% attention to what will apple will do over the next months. Some interesting points: 1. Buffet reduced his...
-BUY signal generated by Solved Signal 1(SS1) in 1 hr Chart of NSE:ADANIPORTS -NSE:ADANIPORTS 1 hr chart -Indicator used "Solved Signal 1(SS1)" -"Solved Signal 1" NSE:ADANIPORTS generates buy signal(by default: text:- SS1, color= green ,shape=triangleup) on 1 hr chart of NSE:ADANIPORTS .It means NSE:ADANIPORTS can go up. -Solved Signal uses "NSE:ADANIPORTS"...
Price has crossed my 30 EMA, trendline and support. However, it's still below my 200 SMA. Risk is high.
Those who win at the Forex game are those who are able to build on their case to take a trade, whether it be fibonacci, moving average, patterns etc. The more confluence, the better. This is why it is important to always wait for your confluences to line up before taking a trade. For this particular trade, those who were waiting for the third touch of the upper...
This does not seem to be stopping. It's toward the bottom of the trend so we are entering here. The RSI is staying steady above its support and the trend is well above the EMA 30. We are hoping to $5.00 but we'll take anything over $4.00.
hi guys, keep checking on this, its broke out the falling wedge, also above the 21 moving average and pushing above 50 on the rsi if we stay above 50 on rsi uptrend confirmed
why not stonks just keep going up. why shouldnt btc do the same. good luck predicting the top of this market cycle lmao your long could get rekt, dont risk more than 1-2% per trade, trade well folks and use VERY SMALL POSITION SIZE because high volatility. 10% moves have become the norm. Dont be a wise guy doing 25x. Markets ranging atm. till support breaks i...
On the daily chart, we can clearly see that bitcoin has been using the MA50 as a dynamic support and resistance. A few years of data tells us that when bitcoin breaks to the upside decisively, we should go long. When it breaks down, we must go short. Bitcoin always retests the MA50. Considering the numerous bearish signs as outlined in my previous analyses and by...
It is clear why so many traders use the 50 period moving average, just one look at this chart shows how useful the indicator is. Used by traders as a dynamic level of support or resistance, the 50 moving average takes the last 50 candles / bars, and shows the average closing price of those 50 periods. You can see how the EURJPY has respected it as both a support...
Possibly a steep drop coming, all the way down to the 1820 area.
I don't hear much people talk about the 350 MA on the 4H chart, but I find it to be quite significant and respected one. The fact that a 4hr candle closed above it makes me extra bullish even though I have been bullish for quite sometime. Based on my previous analysis on the 140 DMA (look at related links) I already bought a big stack at the 9900 dip a month...
EURUSD hist 100 months moving average for a 2nd time during the past 2 years. We also approached yearly R2 pivot reversal level. In 1986 and in 2003 on the 2nd approach to 100 MA bullish move continued after congestion with retracements. In both cases there had been a stall and congestion at 100 MA on monthly. It is very likely bullish move will continue above 100...
Personally, I've held Bitcoin throughout the entire bear-market, so I'm in no rush to buy more. However, seeing as we're at a critical juncture right now regarding BTCUSD, it doesn't hurt to have a plan in mind for when next to dollar-cost-average or buy aggressively. The chart shows where I believe bitcoin could go in the coming months, and I've indicated where...
I've found that the Bollinger Bands that I use for investing in the stock market, also do work well for Bitcoin on the weekly chart. In addition to just regular dollar-cost-averaging (DCAing), you can also purchase BTCUSD aggressively when the RSI falls below 40 and/or price goes below the lower Bollinger Band. I do not however recommend taking profit at the...