As you can see the 20 EMA crossed the 50 EMA last week. If at retest BTC is unable to breakout above the pink 20 EMA here then that would be a signal to sell
people will start to fomo sell and the price will continue to drop until it hits a major support
Long term this is a buy it looks like it has a new floor and that would be 0.00006950. That would be the best entry if it ever does hit that price again. Looking at the chart right now it looks like it has hit major support and will continue to steadily rise. The red lines I have put up are 4h support/resistance lines. Considering the major target area will be...
Bullish : - Stoch RSI is looking good - Triangle is forming and volume is confirming this triangle(declining volume) - TK cross above the cloud and green cloud is forming - Fast EMA 50 crossed slow EMA 200 - Same thing what we are seeing now happened around may 2017 Note : Sadly regular RSI is little oversold so after breakout there is a possibility for...
On the daily chart we see that price was being held and supported by the blue trend-line but more recently that support turned into resistance as price broke below the trend. Many traders make the mistake of trying to predict market behaviour and assume that (in this case) price would inevitably fall because of the recent retests of the trend and sometimes get...
EMA (144) and MA(160) on the 1 hour have been working incredibly well for me lately use this to find key support and resistance levels
Hi. I started out drawing an EMA. I added a second one and then I created a strategy that buys and sells when the EMA's are crossing. Trying out this strategy on many markets showed me around a 30% profit, I think I should be able to do better then that. Can I? A lot of the trades were being made during times where the marked wasn't moving around a lot (but the...
KORE has been creeping up (though with low volume) and is currently in a pennant. Looks like the 100MA and 200MA are getting ready to cross which is often a bullish signal. With this in mind, and the fact that KORE generally seems to run up when BTC goes down, there could be some gains to be had in KORE... Just keeping watch for now.
- Price found support on the round number resistance 3x - The fourth touch ended with two dojis(indecision) - A triple formed with the doji’s (round number, trend line from ascending triangle, fib support) - On the other side you have an HS formation with proper backup from the ema crossing - would wait for a signal bar to enter
- After a strong bullish move you can see that a HS pattern formed. - EMA’s crossed indicating bearish force in the market. - The bulls couldn’t keep the upper hand. Short position
EurNzd seems to go downside, tp and sl given in the chart below.
Following my CORRECT analysis last month here: BTC has now completed a Wave 2 and has now started a wave 3 run upward ! Although many believe BTC is now on it's way down, due to the Announcement in China regarding bitcoin, fortunately, the panic is all hype and no substance, as inexperienced traders have sold their coins due to China FAKE NEWS !!! this was a...
The daily chart has crossed the 14 EMA line and will try to change the down swing into an up swing. Today´s candle is making a retest. If this holds we will start going up. The 4h chart is showing the same reaction. Entry after trendline break or a buy stop at the top of the actual candle.
It seems Time Warner Inc may be suffering the result of it's Turner Corporation's CNN being associated with #Fakenews and the terrible #CNNBlackmail scandal? On the technicals, in my opinion, on the 15 Minute and 1Hourly Charts, we can see a clear swing from a strong resistance area / flip zone, after a Elliott impulse wave on the subminuette period, going SHORT...
AUDUSD testing descending trend line also EMA is crossing. Rate decision,Trade Balance,GDP report will show clear direction of aussie keep an eye @ this level
It seems we may have a confirmation of the end of a Wave 2, ready to trade a Wave 3 LONG. TDI in this instance shows almost oversold position and would correspond directly with the price action and structure. The Mustard, Ketchup, Mayo and Blueberry EMAs have also all crossed (note Crossing of Ketchup and Blueberry EMAs) suggesting an imminent reversal to go...
Price is in an descending triangle on the daily. We've broken the counter trend line and are now back below the clouds. 50 EMA recently crossed below the 200 and we have rejected the 38.2 level and are headed down. Waiting for a break of the 0% level and a previous low wick for confirmation to take it down the he daily level.
been shorting since 122 levels short again @117.833 predicting breakout on 4h . SL@118.195 tp@116.146