Get started

Doji

ETH - Weekly Price AnalysisRight now the price is moving down a bearish channel yet has been respecting the bottom trend line as well. The kumo is sitting between the 0.382 and 0.5 fib levels acting as resistance. Kijun and Tenkan are also acting as resistance and their horiztonal movement tells us the market is accumulating. The stochastic had a bull cross that looks to be a failed signal as it met past resistance and was not able to break it. However, the signal line is still in an upwards trajectory and the current dojis from todays candle as well as yesterdays indicate indecision on the traders part. TRIX is fluctuating up but hasn't had indicated a buy signal yet. My weekly high and low projection for Ethereum is: Low: 453 High: 549
BITFINEX:ETHUSD
by SpektreSignal
the doji stormhello a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal. secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation. Let's see how this plays out given #btc however looking at the similar indicators of #btc at the point of posting, some uptrend movement expected after a few days of down movement. GL
S
by HerbHash
XBTUSD Falling Wedge Outbreak, Doji with High Volume - BTC BackThe pull back of yesterday could be over! We see a huge Doji candle with a high volume which indicates a reversal. This Doji formed at 50% fibonacci level --> Bounce off this support level. Additionaly we broke thru the down trend line of the falling wedge. This gives us also a signal to go long. RSI stopped going down and shows us a consolidation. DMI shows gives us the same signal. If we break thru the double bottom neckline on 30min Chart at 8900 we should expect a continuation of the uptrend for short term which will tell us if the up trend on 4h has enough power to go further. Here the 30min Chart:
KRAKEN:BTCUSDLong
by TimmiHendrix
Iota makes little correction before new highs.Iota successfully hit 1.99 resistance and it is giving a reversal signal. Doji candle has been formed , RSI shows overbougt and Macd MA-s are crossing, so we have good signal to short on correction now. reversal for buy point is at 1.80 level, because it is already Fibo Zone and there is strong support Line, for this time RSI and MACD will be in a good position too. next target price is 1) 2.14 and 2) 2.31 according to Fibo.
BITFINEX:IOTUSD
by Lasha-GiorgiChivadze
Bitcoin Analysis It is fairly simple, volume moves (and predicts) price action. The current rally shows the following: Starting on the 11th, the C.M.F. (green), A.D.X. (yellow), and C.M.F. osc. (peach) showed volume coinciding with the price rally, however yesterday we began to show a decline in overall buying power. We have hit the daily Kijun-sen (Base Line in pink) and continue to linger there, in the past we have wicked above it and still reversed. The Senkou (bottom of the cloud) sits right above the base line that acts as additional resistance. If volume matched the recent increase of price then I would not be worried about either. Also the Stoch and R.S.I can be viewed. Below that is a expanded view of our volume indicators on the hourly. (Note I changed the C.M.F. inputs to 50 to give me a more detailed look) The 12 hour shows exhaustion on the T.D. sequential. This T.D. indicator I have showing is a modified version (better) that Tone Vays created. (www.tradingview.com) However there is no other sell signals on any time frames as of this writing from the T.D. sequential. Below is the short/longs comparison on Bitfinex, longs are fairly heavy and can act as fuel for my short position. It does appear the rest of the market is starting to realize what I have been watching and adjusted their position as longs have decreased and shorts increased (slightly) in the last 12 hours (too late). Conclusion Multiple time frames show the Bollinger Bands capped, crypto generally doesn't care about the B.B., but it is something to take note of. Volume is not holding on the buy side, in order for us to continue a rally past the daily Kijun-sen and into the cloud we would need to see a large increase in buy power. In my opinion this is a perfect storm for another reversal, the 50 day moving average is one spot to watch for a bounce and potentially close any bearish positions, I will be monitoring volume there (as always). Below that we have the daily Tenkan-sen (Conversion Line in orange) that acts as support. As a note there is other potential bounce points to watch on smaller time frames, in this idea I am sticking to a larger view of things. I have been filling short positions and setting my stop loss just above the cloud Senkou leading span on the daily ($9,250) in case volume increases and I am not monitoring it. Slap a like and follow on this for me, even if you disagree. That way when I am wrong everyone can see in trending ideas.
BITSTAMP:BTCUSDShort
by Nick_Core
38
Potential Long opportunity for EurGbp?The EurGbp has been moving sideways since September 2017 and price is boucing between 0.8720 and 0.8967 key levels. A long tailed Doji or I would considered it as a Pin bar was formed on last Thursday, rejecting the price from the 0.8720 key support. The Pin was followed by another bullish candlestick, which complete the classic "Morning Star" pattern. My position : Entry : 0.8738 SL : 0.8643 TP : 0.8881 *** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. *** *** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Long
by M-royce
BITCOIN: TIME TO SURGEHere’s a daily BTC chart. As you can see, i draw two big boxes, a red one and a green one. They represent where the direction towards which BTC should go and should NOT go in order to have a bullish/bearish market. In other words, the moment BTC breaks the red box, we can be sure that we are in a BULLISH market, if it goes below the green box, we are still in a BEARISH one. All the sideways movements inside the two boxes cannot tell us in which market we are. Even strong bullish signals could just be FAKE. Today BTC is forming a DRAGONFLY DOJI/HAMMER, both are strong bullish signals. But, of course, we need a confirmation in the next 1-2 candles. The blue line is a convergence line, and the green lines are possible targets in case of an uptrend. Generally, BB, CCI and RSI pattern can confirm that an uptrend CAN happen. In this case, we will see a crossing in the MACD pattern. Trade with your brain Brainsignals Team
by Brainsignals