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...
Crossover between these two signify starting of bull run and ending of bull run. Another important insight from these two is that 350/111 = Pi It has been accurate upto a week to predict starting of bull run and ending of bull run!!!
- Watch for breakout of correction. - Ideally a touch of the ascending trendline and 618 fibonacci
Overall XJO pullback to trend channel and 50% Fib complete, looking for upside bounce soon. indicators turning up from right on the 34EMA. Let''s look to see where the US markets head and take us and hopefully we can hold this zone.
Yesterday the SPY broke above an important level (GAP) at 302. It also confirmed two consecutive days above the 200sma. Interestingly enough on the last close it printed a bearish hangman candlestick. It'll be interesting to see what happens into the end of the week. If we can keep above the 200sma and print a proper bullish structure (double bottom etc), then the...
Price broke out of descending channel. Awaiting a retest of the broken channel which lines up with: 50% fib 4hr 50 EMA Support Zone
Any Elliott Wave people out there want to take a look at this expanded flat pattern, as we approach the 200-day moving average around 3000 on the S&P 500. Major bear market top resistance. What do you think is going to happen? Could be a dramatic overnight trading session and big important day tomorrow. To see if we stay in the bear market area, or cross over into...
NYSE:DAL We'll see. Maybe opportunity to buy or add to position (average down).
Price Reflecting Long Over Previous Average. Enter On Lower Time Frames Into The Direction Of True Trend.
DogeCoin is sailing right on top of its 20, 50 and 200-day moving averages, the RSI is oversold, and you can start to see some support from the previous resistance on the lower time frames. Let's wait and see. Not trading advice. Take with grain of salt as you should with all trading.
multiple crosses between our 3 major moving averages indicating for entry points. AO and stochastic along with that
PINS recently gapped from earning but failed and pulled into the previous gap up area. PINS had recently bottomed last year but broke out and is now in a strong uptrend holding the 20DMA. Following this gap up and pullback, PINS is now at the 20DMA and bounced off it on the 30m timeframe. This is considered a Holy Grail Trade where a trending stock holding the...