By using 50 length weekly bollinger bands, set at Standard Deviation 1, I was able to make a channel that determines whether bitcoin is in an uptrend, downtrend, or neutral. Currently, it looks like bitcoin is still neutral, and with low volume I believe a big move is coming. I am thinking it will probably break out and test $12-14K to trap both bears and bulls...
Price entered the Downtrend Zone I´m Trading Longterm 1h 4h Trade and wait for the 4H Candle Close after the London Opens. PM for more insights
In my previous post of BAND with US dollar pair we have seen that on short term hourly based chart the BAND formed bullish Cypher pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 10% profit on this very short term chart. Formation of new BAT pattern: Now again on short term 6 hour chart the...
Here I present my indictor for longterm swing trades and/or general market cycle analysis of bitcoin: the top & bottom price action integral bands (short: PAIBs)! Instead of fitting some curve dependent on time (~ f(t)), I integrate over price action with two custom functionals. Then if I expand those functionals by +- 5% I get two bands, in blue the top price...
A double top setup with RSI Divergence gave an opportunity for traders to look in a potential counter-trend trade setup. The red arrow is an indication of what my Harmonic Pattern Assistant software has spotted and is placed in for reference and for my viewer. Trade has engaged, if you want to get hold of the software and my Entry, Stop and Targets, check out...
Prediction presentations are similar to coffee fortune. I don't normally share a template shape like this in any way. But I have seen logarithmic curves drawn symmetrically just to make the eye look nice, and I disagree with any of them.That's bullshit! This is my logarithmic curve bands that I found true. I do not believe in any predictions except macroeconomic...
Band Protocol / US Dollar (TetherUS) has formed a complete BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss point in case the complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.3016 to 0.2896 Sell between: 0.3301 to 0.3726 Enjoy your profits and regards, Atif...
For the upcoming week (several days), I would say there will be a price increase for BTC/USD symbol, by just looking at: RSI (not in current graph (sorry I don't have a pro account) MACD for sure! See the cross coming up on the 1D chart 4EMA is getting ready as well The price is less volatile and low in the bollinger bands Currently I bought BTCUSD...
As we can see here VERY CLEARLY, our price action is at the very end of this descending triangle. Historically, a descending triangle this accurate will result in an upward price movement. Additionally, on the 4h chart we are hitting the bottom of the bollinger band and the price has already bounced off with an ENGULFING GREEN CANDLE. These are three strong signs...
Hi there ! We post the next possible trading opinion to cotton CT1! which is possible after the terrible decline which took place this week after the escalated tensions of the trade war between U.S - China. As you see the diagram in daily timeframe the possible target price is at the level of the median BB. This bounce is also confirmed by the RSI. Also farmers...
amazon out of bollinger band on daily breaking rising wedge at min pullback or stall
each time it closes above the hourly 200ma it makes pumps. for any gvt trade stop loss should be below the 200ma
Testing out a new trading technique using Bollinger Bands on the RSI, price should retrace to the suggested buy area and with ADA being in a triangle, (similar to the XRP pump in September(i think??)) and currently down 89% from ATH this puppy should moon, if all goes to plan it'll probably blow my targets out of the water.
WEEKLY Chart Bearish Breaker tripped Expecting 249 to hold over the next few months
We are finally to the bottom of the Arbitrage band on the WEEKLY Chart expecting it to hold here. No new Bullish Breaker Yet. Only committing to half position until I see a Bullish Breaker
The idea is Fast Ema Band < Slow EMA Band. Bands are not separating showing opportunities for short sell. Space to fall below. Targets along the way (FIB levels). Let me know you thoughts.