Looking at the weekly chart with 200MA for CPER. I'm a fan of owning physical metals but CPER is a nice way for people to dabble in copper without actually getting bullion. The 200MA is now coinciding with the lower boll band. On a weekly chart I'd expect this to serve as rock solid support. I've mapped out the trajectory of the 200MA if it continues to uptrend...
Since trading is all about having a statistical edge (well, if you wanna make a living at it)... How about we use an indicator with deeper insight than averages? It’s called the Bollinger Band, and it’s what we’re testing today. What the Heck Is a Bollinger Band? Without getting all mathy on you (the formula is gnarly), imagine slicing up a regular bell...
i have made or altered the showing scrips. TDI on top with minor and major shark fin alerts EMA cross and altered mid line cross alert. mid has two verry modified scrips First is Two BB 200 and 30 EMA or SMA with alerts and channels and KC channel pull backs crosses and exits for varying uses and William's vix fix highlights and 5 ema's engulfing candle with...
Quick BTC/USD analysis of the last few Months: Looking at the Price and the Relative Strength Index (RSI) Convergence/Divergence: From Tuesday 13th Sept 22 until Saturday 5th Nov 2022 we had Convergence with the Price and RSI which indicated a reversal was most likely on its way. Price = HH - LH (Higher High - Lower High) RSI = HH - HH (Higher High - Higher...
BTC/USD 1 day chart quick update. Here is a closer look at this 1 day chart. BTC is in an Ascending Channel Pattern. BTC is still in a Falling Wedge Pattern. BTC is still in a Descending Channel. BTC is still in a massive Ichimoku Y Wave Pattern. At the moment of typing this, BTC is fighting to stay back above its 200MA. If BTC CLOSES this or tomorrows daily...
Short call in Tesla. Ratio 3.06. Out of Bollinger bands and the RSI is well overbought. As usual, I'm following the fibonacci levels for the take profits. Levels: - $180 short - $169.61 TP1 - $161.00 TP2 - $183.40 SL
the real movement of $suku hasn't even really begun yet, this very tight Bollinger band squeeze is just now coming to an end and volatility has returned with force with a 100% gain for Jan. alone.
It looks like Cardano it's going to start 2023 well. On the 4-hour timeframe chart(left), Cardano's price is showing Regular Bullish Divergence. The Divergence is indicated by the Relative Strength Index and the Stochastics. On the daily timeframe chart(right), Cardano's price is showing an Oversold condition. The Oversold conditions are indicated by the...
QNT is currently forming an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that it´s moves increase with higher magnitudes. This pattern should be traded when the price breaks out...
In this chart we see many signals that indicates that Bitcoin is overbought and that the price will soon be corrected and go back down. - A trendline connected 3 corrections, but then the price rallied, thinking it doesn't has to come back to the trendline, meaning it is too bullish and is overbought. - Candlesticks broke above the Bollinger Bands (BB), meaning...
On the chart of Ripple (XRP) we can see the price is approaching a overbought condition on 4h timeframe. This would mean when the overbought condition is confirmed the price will retrace. The three indicator used are the Bollinger Bands, Relative Strenght Index and the Stochastics. At the moment the RSI needs to increase a little bit more. For now the price...
Nifty was able to sustain above 18155 level heading towards 18350-18400 level tomorrow if it stays above 18250. Am a bit concerned about intraday move because of price nearing top band of Bollinger but still there is room for movement. Will be looking for long/call opportunities and targets18300-350-400. Hence my overall view for tomorrow is bullish.
Bollinger band suggest the counter is ready to make a breakout multiple times respected bollinger band earlier as shown in the chart. the counter in past have seen support from mid or lower band while resistance at the upper band along with retracements at mid band when in uptrend. which sugest the counter is a good candidate to play via BB
Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us. BTC is still in a massive Falling Wedge Pattern. BTC is also still in a massive Ichimoku Y-Wave pattern. Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe. At the moment of typing...
On the Philips chart (PHIA - 4h timeframe), We can see the price is currently oversold. The price is approaching a support area and is probably going to bounce off. Enter and leave the trade at the level defined on the chart. The three indicators used are Bollinger Bands, RSI, and Stochastics. All these three indicators are confirming the oversold...
On the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up. All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition. All further details are shown on...
S&P500 1 Day Chart: Short Price Target V Calculation Negative V = B - (C-B) = D C $4,102 - B $3,491 = $611 B $3,491 - (C-B) $611 = $2,880 Price Target Ichimoku Timespan: A to B = 41-Bars (42-1) B to C = 34-Bars (33+1) C to D = 75-Bars (76-1) (41+34=75) Wednesday 22nd March 2023 Notes: The Ichimoku Conversion Line (Tenkan Sen) looks like it is about to...
On the BTC-USD chart (1h timeframe), the price is currently overbought. In this analysis, all three indicators are suggesting an overbought condition. The indicators used are the Bollinger Bands, RSI and Stochastics. This could mean that the price will drop when there is a confirmation of the price going down. When this happens a short position can be taken and...