Sorry I've been away for a bit. Had personal things to take care of, but I have a lot in store for the upcoming weeks. Let's get right back into it!
In this chart we're looking at Netflix on the 1W chart as price has consolidated into a beautiful symmetrical triangle. Price is currently breaking through the descending boundary and is attempting to confirm...
Very Important Cross Overs decide BTC Momemntum on daily chart of BTCUSD. One cross over between 10 SMA and 200 SMA. Second between 50 EMA and 200 EMA.
In this chart we're looking at AAON on the 1D chart as price has consolidated into a rectangle. Price has broken out through the horizontal boundary at $52.50 and has confirmed the breakout by breaking through the $53.29 area.
This rectangle has a price target of around $61.67 for about a ~17.5% gain.
This chart pattern breakout is occurring above the 200EMA, so...
Tim's MA-X Strategy.
This is a Moing Average Cross or MA-X strategy setup.
MA-X strategy consists of the 100 period simple moving average (SMA) in red,
and the 20 period exponential moving average in blue.
If the 20 ema is above the 100 sma then we only take buys or longs.
If the 20 ema is below the 100 sma the we only take selss or shorts.
*In this case price is...
Tim's MA-X Strategy.
This is a Moing Average Cross or MA-X strategy setup.
MA-X strategy consists of the 100 period simple moving average (SMA) in red,
and the 20 period exponential moving average in blue.
If the 20 ema is above the 100 sma then we only take buys or longs.
If the 20 ema is below the 100 sma the we only take selss or shorts.
*In this case price is...
This is an easy trade.
Take a look at the WavesUSD chart too. It wants to pop up 20% like this here.
Undervalued, ready to pop, I take it. No financial advice, just my trade.
When btc is stable around 8800, it will pop in usd and when btc drops, waves will hold usd and get btc value. When btc rises, it will hold btc and get usd value in my opinion.
WAVESBTC...
Hello Traders!
Today’s chart update will be on LTCUSDT where a key structural level is being tested, a break will confirm a trend change.
Points to consider,
- Higher high probable
- Structural resistance in confluence with .236 Fibonacci
- EMA’s cross bullish
- RSI trading in overbought
- Stochastics in upper regions
- Volume increasing
LTCUSDT has a...
Quick update on CRON, which has broken a key resistance level, now potential support upon retest
Points to consider,
- Trend change with Higher High
- Structural resistance broken
- RSI diverging
- Stochastics in upper regions
- EMA’s support
- Volume increasing
Higher high has come to fruition; this is the first time in CRON’s bear trend, signalling a...
Hello Traders,
Today’s chart update will be on XRPBTC with a probable bullish divergence coming to fruition if local resistance is broken.
Points to consider
- Trend testing key levels
- Local resistance to break
- EMA’s currently support
- Stochastics neutral
- RSI respecting trend
- Increase in volume
Trend is testing technical levels and holding, an...
Hello Traders!
Today’s chart update will be on APHA which is forming an inverse head and shoulders, close to breaking its neckline.
Points to consider,
- Trend change attempt
- Structural Resistance/ Neckline being tested
- EMA’s acting as support
- Stochastics in upper regions
- RSI at resistance
- Volume increase
APHA is attempting to change its trend...
Looking at the Daily we can see that price broken below major support (previous structure) at 1.9900 and has since printed a new Daily Low invalidating the Bullish sequence. We are now below the Daily 50ema and its clear to see that we are within the corrective phase of this market following from an impulse breaching several major confluences. Notice how the 38.2%...
Hello Traders!
Welcome to another update,
Today’s chart will be on LTCBTC which has broken key levels negating the market structure. LTC is probable to reach higher levels before a bullish confirmation of the POC.
Points to consider,
- Trend change in fruition
- Major resistance broken
- EMA’s holding price
- Stochastics in upper regions
- RSI hitting...
Hello Traders!
Today’s chart update will be on SILVER, which is approaching key resistance levels, that if broken, well change the overall market structure.
Points to consider,
- Trend considered bearish
- Structural Resistance being tested
- EMA’s support
- Stochastics in upper regions
- RSI currently overbought
Silver is considered to be in a bearish...
Tim's MA Cross Strategy Indicators
1) 100 Period Simple Moving Average (100 SMA )
2) 20 Period Exponential Moving Average (20 EMA )
3) 14 Period Average True Range (ATR14)
4) Volume with 20 Period Average ( Volume MA20)
Tim's MA Cross Strategy Rules
1) Longs only when 20EMA is above 100SMA
Shorts only when 20EMA is below 100SMA
2) Buy when candle OPENS below...
as you can see OANDA:XAUUSD is at the end of the Elliot wave. the peak target or the threshold of the gold increase is at 1640, there is still time to buy gold
Hello Traders!
Today’s update will be on BTCUSD which is in a defined down trend; Key levels needs to be watched for the direction of the overall trend.
Points to consider
- Trend bearish; Consecutive Lower Highs
- Structural Support holding
- Key resistance to break
- Stochastics in lower regions
- RSI neutral
- 200 MA to break
- Volume Declining...
To wrap up the year I'm going to leave you all with one more idea I have my eyes on. In this situation, we're looking at $MDU.
MDU Resources Group is a stock that we have seen consolidate into two different patterns over the course of the last nine years. Both respective patterns have yielded excellent results as both have reached their respective targets. Now...
