Let me just start by saying that I do realize that my methods are quite unorthodox, but I'm sure you'll find them convincing nonetheless. Thank you for reading, and please show your support by hitting the "Like" / "Follow" button now. The chart you're seeing here is the market cap of all altcoins combined in BTC (not USD). The formula used is TOTAL2/BTCUSD. It is...
Cryptohopper Newsletter Market Analysis After failing to break the resistance around $10,000, Bitcoin is closing in on the support level at $8,000. Bitcoin has had a correction after the last halving, so a short bear market scenario is not out of the question. The first and second halving overall provided some excellent opportunities for position traders....
INST is bouncing off of a major line of resistance and the 50-ema. I entered at $9.59. My stop loss is at $9.20 (4.17%) and my first profit target is 11.15 (16.15%) which is pretty decent. The price also moved below both support lines yesterday and two days ago but was rejected both times. I'm hoping that it'll reach this target and continue to move upward 20%.
I was watching this yesterday hoping it would bounce off of 50 EMA. Today, it looks like it confirmed the bounce and so I took a small position at $63.33. I set the stop-loss to $62.20 (1.78%) and the first profit level at $64.75 (2.24%). This is a relatively small gain from what I usually aim for, but that's ok. A lot of analysts are also saying that this is a...
Hi Looking to short EN around 1.7980 - 1.7990 area. Technicals: TL 3RD TOUCH 4H PREVIOUS SUPPORT NOW RESISTANCE PIVOT LEVEL 50 / 100 / 200 EMA TP 1.7920 area TP 2 1.7850 area
YEXT is bouncing off of the 50 EMA, a trend line, and a previous line of resistance. This was actually pointed out to me by a friend who took a long-term position on it. I am going to swing this because that's my style 😎 Also, the candle that formed today is technically a bullish candlestick. I set my stop-loss to $12.48, or 4%, and my first target at $14.50, or...
Hello, Looking to short GC at 1.738 - 1.74 area on 38 fib level and EMA bunch and descending TL. SL at BE at 50 pips TP1 - 1.7250 FINAL TP - 1.6860 - 1.6880 Use risk management according to your own strategy. Thanks
As you can see below everytime the index lost all of the EMAs and then regain them it move upwards. In some cases there was a formation of double bottom as well.
Cryptohopper Newsletter Market Analysis After a very large bullish move around a week ago, Bitcoin has been ranging between $9,500 and $8,500. The price now appears to be testing the resistance at $9,500 again, and whether the price will achieve a breakthrough or not is still an open question. Usually, we are told that we should not trade during ranges and...
Bitcoin 2D (Golden/Death) Crosses case study shows that after these crosses, price action will test one or more EMAs to confirm the cross and Bots & Algos. Will it happen again this time? With every 2D Candle close, the momentum between EMA200 and EMA55 becomes stronger to the downside. Meanwhile, Bitcoin could test the 2 EMAs but the change of behavior is when a...
NTNX has formed a triangle for about a month or so and it has just recently begun breaking out of it. MACD and RSI look promising even though they aren't giving any signals. Volume looks pretty good. Other analysts (according to MarketWatch) are also agreeing that this stock is a buy. My prediction is that it will rise to hit 50 EMA, retrace a little, and...
Stock price still in consolidation, Price crossed over the 50emv and should be consolidation in the current support and resistance. For confirm position the price should rally the current resistance, 50emv crossover 200emm all together with the price for a confirmation for the execution. mentioned false breakout due to the consolidation period but it may not end...
Hey guys, Kind of new here but I thought I'd throw this up as my first post to see what people thought about situation we're in right now. From a technical standpoint, the 2600-2700 range looks pretty tough to me for the following reasons: - Elliot Wave Theory . Four of the five waves that make up an Elliot wave have been completed, it is not unexpected...
CADJPY Retest Diagonal Trend At Price Level 79.421. Two-Step Process To Achieve Consistent Profits In The Currency Market. SELL 1) Wait For Price To Close Below A Level 2) Wait For Price To Retest The Level BUY 1) Wait For Price To Close Above A Level 2) Wait For Price To Retest The Level Monthly Chart, Weekly Chart, and Daily Chart are utilized...
The bulls successfully push the ETH/USD pair above the EMA (30) level 2 days ago, which is supposed to be a positive sign. The pair is also still above its SMA (200) level, the long downtrend line and mid-term uptrend line indicating a bullish condition. However, the bears aggressively resist the uptrend momentum at Fibonacci 78.6% level and try to push back below...
As you can see on the chart, Moving Averages and Exponential Moving Averages can play a significant role in determining support and resistance areas. This is multiplied further when there are two or more MA/EMAs at the same price level, and these can make for great validation levels; "If price closes above these 3 MAs, look for long entries on lower timeframes"...
Price has been creating lower highs in addition to trading below the 200EMA making me inclined to short. On the daily, you’ll note Price has created a Head and shoulders patten, successfully breaking the neckline. In order to enter this, I’d like to see price retrace the neckline at which point price will likely be overbought and we can look for rejections to short.
... I was watching that announcement back in 2018. I think that it was great year for gaming community not in terms of good games but the power which costs Blizzard quite a s sum of money. Last quarter of 2018 bring huge appointment's like Diablo 4 mobile, battlefield 5, Fallout 76 or Anthem. Greed and lack of respect for customers I think reached very high...