Simple observation, ETHUSD Case of the DoJi . This pivot has been clutch, will it hold, or revert to the mean?
Moving into a Shorter Time Frame like the 4H, there is a much nicer pivot point to be concerned with - 920 Length Bollinger Bands @ 1.25 StdDv, a period identified through Volatility Theory. Take a gander yourself.
If Volatility Theory or Distribution...
One thing a Modified Shiff and Bollinger Bands can agree on, is that from a daily time-frame, the slope is pitched ever so gradually up against a larger current. To expect ETHUSD Price movement to extend upwards against a 200 Period Bollinger Bands, and the weight of the 200 Avg in a single volatile action, would be wildly irrational.
ETH Price action did make a...
If you check out the Bollinger bands on the weekly BTC chart, you would see how over extended they become when BTC hits its all-time highs.
Using a basic analysis on the Bollinger Bands bottom (lows) at each all time high, gives a very good projection/indication of the lowest price range of BTC in each following bear market.
Projecting the above theory to the...
I've only seen one 'popular' trader use this divine combo of overlays, (they also cook bacon and eggs together in one pan so maybe it's some sort of fetish or something in their case) but I've dabbled with it for a while as well. The Bollinger Bands and Ichimoku cloud were the first two indicators that I came to use and understand, the fact that they can be used...
I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing:
Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself included),...
ENTRY: SELL @ 0.68
MONTHLY TREND: SELL
WEEKLY TREND: SELL
DAILY TREND BUY
ANALYSIS: Alignment on Monthly and Weekly Trends, Enter at Daily Bollinger
VALID FOR: 8 Days
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative
MONTHLY TREND: Sell
WEEKLY TREND: Sell
2 DAYS BOLLINGER: Enter around 73.1
WAITING TIME: 8 DAYS (2DAYS X 4)
STOPLOSS: No Stop Loss close after 8 Days wherever
TAKE PROFIT: TP or wherever after 8 Days
Trading View Monthly Technical Analysis: BUY
Trading View Weekly Technical Analysis: BUY
Trading View Daily Technical Analysis: BUY
They are ALIGNED
Enter around 1.3065 (8 Hour Bollinger & Support)
No Stop Loss
TP or close wherever after (8 x 8HOURS) = 64 Hours
Monthly , Weekly and Daily trend is upward so there is alignment
Look for entry at 99.5 - 12 hour Bollinger
Wait for it to come down to 99.4 than put an entry order at 99.5
No stop loss - get out of the position wherever it is, after 96 hours (8 x 12 Hours)
Monthly , Weekly and Daily and 4Hour trend is upward so there is alignment
Look for entry at 113.1 - 1 hour Bollinger
Only enter if 15Min closes above 113.1
No stop loss - get out of the position wherever it is, after 4 hours