This is an example of how you can improve and simplify your trading decisions using algorithmic approaches.
Watching this video you can see that SMA 15/16 crossover trading system still being the most profitable combination for the last 13 years on daily AUDCAD.
The most profitable combination of the periods was obtained using Profitable SMA...
Update of my last post..
Historically the 50Week Ma (Yellow Line) & 50Week SMA (Pink Line) on Bitcoin have been good indicators when showing support and resistance areas and confirming either long continued uptrends or downtrends (Bull or Bear Markets).
Currently, unlike previous crosses they are running parallel with each other instead of abruptly crossing...
Daily: Huge bullish candle just completed. Last candle broke and closed above the resistance level. Price might turn resistance to support or continue to the upside on a bullish leg.
4H: The 10 EMA just crossed over the 20 EMA. Price broke the 200 EMA to the upside and might turn it to support. The 20 EMA just crossed over the 50 EMA, and I expect it to go on to...
1D XBTUSD chart looking heavy
- Edge-to-edge play possibility if this daily candle closes inside the cloud
- Tenkan crossing below Kijun (bearish)
- Swing failure of range high on the 1D with continuation. Bottom of range isn't showing much support right now
Quick update on the previous post that got stopped out ~60k on Oct. 27
We may be on an impulse wave 3 uptrend to 70k, but a breakout is not confirmed given the fact that:
Price is still in downward parallel channel
Hull MA hasn't crossed over to green
Price hasn't crossed over the bearish trend of the Hull MA
MACD hasn't crossed over yet
Once at least...
We are currently seeing price action that is breaking the 200 EMA on the one hour I am watching for the 9 EMA to cross OVER the 50 EMA and then the 200 EMA. Both of these cross overs will indicate a nice push in the price to the upside. Watch for it closely today!
Bullish process with multiple bottoms and now higher lows
20 EMA just crossed above 50 EMA and they are both accelerating up
MACD turned positive and is accelerating
Last daily bar was a strong up bar with the highest close in months
The e-commerce giant is been behaving very well since its first breakout from the $1,290 resistance. Now is working its way to make a new ATH with higher lows and respecting its $1,500 support. To confirm the buy zone between $1,650 and $1,730, the MACD is making a buy signal with a bullish crossover. Also the relative strength of NYSE:SHOP against AMEX:ARKF ...
Technically speaking, a strategy for mid-term investment can be a combination of EMA on 4D Heiken Ashi plus the MACD indicator. This EMA has been a good support level since the COVID crash in the #BTC chart. Combining this dynamic support line with the MACD-cross signal, we can derive a reliable buy/sell signal for the mid-term. Considering the discussed...
Symmetrical triangle forming on BLNK- Bullish
- MACD Crossover
- Bollinger bands squeezing
- Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
- Infrastructure talks could serve as a catalyst for a nice bounce (Broader Market Condition Permitting)
1. Edge-to-edge play just completed on 1D XBTUSD
2. Chikou broke through price and entered cloud
3. Tenkan crossed the Kijun
All signs show a shift in the market. This trifecta has not occurred on the 1D since the beginning of Oct. 2020 when Bitcoin was at 11k
NYSE:CHGG weekly is ready to continue its uptrend. Last week gave a very bullish outside engulfing bar right as the 5 EMA crossed the 20 EMA. It is a very strategic spot and it is aligned with the MACD crossing up as well.