Hard to tell whether BTC turns into bullish, or into bearish in the next 24-48h...
My loose guess is bearish , because
- 1d CCI < 10
- 1d RSI has not entered into the lower low zone (30ish)
- OBV could not get back to before-dump level
contra: OBV has get back to its EMA!
if it falls, my guess for the bottom is 9k-ish, if it rise, I think about a kind of...
Here we have 4h-BCH (Keltner 1.618, high ; Coppock; RSI; DMI).
Based on:
- Coppock is in + more and more
- RSI signals we are not overbought
- DI+ is over DI- at DMI
- and also onbalancevolume has crossedover its emas (not visible on this chart)
I think that:
BCH might be supersoon ready for a ride back to 3000ish or more, probably cannot hold up there, but a...
4h Coppock starts to be for more and more time in the + range, and also based on other basic indicators (short term RSI, DMI and OBV, see on the chart), I think, if LTC is able to break 250 in the upcoming hours/days and OBV remains cool, than LTC might be supeready for a good ride.
I plan to buy in above ~250, stop sell ~220, and if OBV is good than exit 1/2...
There have been many disputes over the first 1 Trillion-dollar company. Many say it is Google or Amazon - on the other hand, I say APPLE. The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50....
1d standard Coppock curve (10,14,11) has crossundered 0 -> I think, it might mean, that - unless a huge buying power comes in - a 15-30 days long downtrend might to come.
During negative Coppock-times BTC used to reach Keltner Channel (1.618, 100) so extrapolating this (with low confidence), it may mean that this time BTC might go down and stay in the 8k-12k...
Taking a look at BTC on 1w basics indicates that, despite the superincrease in OBV, an RSI<30 is long overdue.
So based on this I think if OBV cannot double (feels impossible) than further downside is coming, and even if it doubles than later it cannot quadruple after.
My previous analysis (12.5k for 25th of Dec) feels invalid looking at the big picture, so...
BTC falls big. I jumped into buying before my signal actually signaled. (Coppock crossing its SMA).
Why? FOMO took over (miss the big rally). Lesson: during big turmoils WAIT for the signal.
The 4h chart and the 1d chart of BTC (RSI, Coppock, OBV, DMI, TSI and Aroon, MACD) show somewhat different outcome for BTC:
- based on the 4h it is possible that 15k was/is the bottom for BTC and DI+ times are coming,
- however based on the 1d, there is strong chance for further down to 12k or a long consolidation period.
The charts shows the 12k...
GAME might be ready? (CCI, MACD, RSI seems OK, ES, Coppock passed - to +, Resistance zone just passed, Support is quite close, right below.) However, if it rallies, I have no idea how high, 3USD maybe. Ideas?
This is NOT a trading advice, always use stops and try to avoid FOMO!
Albeit my previous prediction was wrong, based on basic indicators (CCI, RSI, MACD and Coppock), I still think that LTC is likely to fall back...
However due to the slight increase, my tactics also slightly changed:
- week ago my tactics were: entry level ~64, stop sell ~41, exit 1/2 ~91,
- by today, it is changed to entry level ~67, stop sell ~56, exit 1/2...
LSK Coppock (1D, 10, 14, 11) curve crossed from negative territory to positive, which might mean that it turns to bullish.
My tactics: buy in (now) @8.2 -> -10% stop loss sell, profit sell 1/2 @ 9.2, 1/2 at 10.4.
This is NOT a trading advice, just a biased idea, tactics! Always use stops, calculate risks and try to avoid FOMO! (Especially nowadays!)
Based on Coppock indicator and regression, I think, XRP's Coppock indicator might really hit bellow zero and turn back within/around 10-15 days and that might be a good entry point (with stop sell as always).
Current Coppock indicator for XRP is ~1,5 (15mins, 100+e) and using time series linear regression , if it continues to fall than 10-15 day might be the...
The Coppock curve has been broadening in the last few weeks - this could be showing a potential swing trade. Also, the stock has a 50 MA resistance which could be a defining moment if the earnings report is a beat. Furthermore, the stock has not really shown any chart pattern in the last few months, but the volume has been decreasing ever since the stock jumped....
Tesla has produced a head and shoulders pattern. It has not yet broken out of that pattern but today is earning report- so maybe the opportunity is rising to profit tremendously. The volume has been in a decreasing trend ever since the last earnings report, so I accept a large breakout. Also, the coppock curve has been in a decreasing trend line for a while. I...
TRI has provided a cup and handle pattern - and is currently in a short term flag. The coppock curve has been decreasing with the flag. Long order is till the open of the flag. Short is opening below 25 MA. Also, the volume is decreasing with the flag at a angle of 35 degrees - showing a potential large breakout.
Historically when the Coppock Curve reaches this level, the stock drops an average of 12.9% over the next few weeks. There is no clear bottom based on the current trends, but my conservative drop is to at least 42.50. The bottom could very likely be in the low 30s. The key to a drop below 42.50 could be around the earnings release.
