ATR volatility is increasing, last candle show bearish engulfing, picturing from yesterday "so-called-dip" is showing bearish movement, and I think that last pattern looks like bear flag. Also, as some of us know crypto market are kinda tidally-locked with BTC market movement, we should take a close look at what BTC market is doing. So, are we really still on a...
4h on left showing hma and dmi setting up to bear cross. However, current di- structure presents potential bull div with LL price on Jan 31 not reflected in HH on Di- within DMI. Sell pressure still present but projected targets downside (post mercy pomp on 30m to 3841, give or take) would be mid level, 3796, 3786, 3768 , and 3754. From current HOD @ 3843, all...
Trying to time corn again out of indicators, and historic patterns, sounds a bit silly at this tie, but as the title says, uncharted waters. On a Connors RSI every period spent on the overbought zones ended with a touch back at the 7 SMA. I noticed a pattern of 3 periods with different lengths where this happened. If the pattern is to repeat it self this should...
It's a daily chart of NZD/USD. From the 19th of March 2020, it started to rise and still moving upward. For an easy understanding of the trend, I have applied the DMI and SuperTrend. Let's take a look at indicators, DI+ is above DI- that means the trend will continue to move upside. ADX is greater than 25, which also indicates the upside movement. Now talking...
Quick technical analysis of ASX:BRN following its rapid rise and subsequent consolidation over the past two months. In summary: Indicators are showing that support has been found at ~$0.31 and the .236 fib retracement level / -0.5 schiff resistance level has been tested. As per BBW, volatility is decreasing which indicates that a breakout may be on the...
After trading below $11 000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The alt coins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday. The price rally finished 5 impulse Elliott waves pattern and formed an ascending supportive trend. The consolidation...
Cannabis industry, after a wild run-up and capitulation in 2018, has been trading under its intrinsic value for a while. For investors who want the exposure to the industry without taking on the excessive amount of risk associated with individual cannabis stocks, ETFMG Alternative Harvest ETF is the way to go. Go long now in the trading range or go long in the...
The Directional Movement Index (DMI) is one of the few indicators that can be used on its own in trading, especially when it comes to swing trading. The DMI can work as a standalone indicator because it is made up of multiple indicators, specifically: the +DI, -DI, and the ADX indicator. Let’s now dive into how these components fit together! +DI & -DI The +DI...
I'm predicting a 50% move down until 151, or possibly a little lower to 148 with a target of around July 6th. The DMI is looking like it will cross. The ADX, which represents strength of move is a little low for me. But that could go higher by the target date. The MacD is starting to decline. (not included) The CCI is in the overbought position. The Stoch RSI...
today 19,45-22,00 / finished /CFD open 2.846 close 2,881 / used indicators: DMI, MACD, Stohastic, RSI, PIV, BOLL /
Look on the behavior of DMI on the previous crashes, it keeps falling while the index is falling as well and RSI builds up a bullish divergence. It does not necessarily mean that history repeats itself, just pointing this out.
What a rodeo it has been for BTC as we enter the new year. Complete opposite of 2019 start which had us at ~3700. Is this a repeat of 2015 & 2016? Time will tell as we progress in this new year. Over a week ago, we successfully broke through the mid-term downtrend to establish a quite a steep short-term uptrend . That uptrend is now broken and we are in an...
Bom, realizei essa análise juntamente com alguns indicadores, a decisão deve ser tomada após o gráfico atingir a resitência (3), atualizarei posteriormente a ação de compra ou venda, de acordo com os indicadores de volume e STOCHRSI
Hello Traders! Looks like DUSK future is much brighter now... Looking for final confirmations: Price: succesfull attempt to make a level @0.00001660 DMI - ADX boost needed AE - positive side green bar Alligator - ready for eating some candlesticks Roger out.
Hello Traders! BAT is looking for Robin to make for us some good trade opportunities... Looking for final confirmations: Price: succesfull attempt to make a level @0.00002009 DMI - ADX boost needed AE - positive side green bar Alligator - ready for eating some candlesticks Roger out.