We have formed a sort of incomplete triangle (abcd), a leg e down might still happen, but there will be no regular zigzag correction to 8500. The triangle can also transform into a trading range in the next few days until we get the cross. We can also have an abc flat with truncated c instead of a triangle and continue to move up. Or this can be a completed X...
Hi Gyus, lets's take a look at 4H TF XVG Chart - which is pretty bullish :-). MACD is in good shape, RSI is slightly overbought. Also pay attention to possibility of Ichi Bullish TK Cross and EMA21/50 Golden cross. These indicators predict XVG to growth. Sell target =pink Fib Retr levels I hope you enjoy my charts, please writte your comments, hit that like...
It has been a few months in a little sideway trend and finally broken up over it, after all, it has also tested it as support. It shouts it will get higher, people took their winnings. 47.70 (Fibonacci extension 1.618) Something I've also noticed that it also respects Support / resistance. It is currently on a resistance level, I think it will continue. It just...
Welcome to my 10th segment in my golden/death cross live trading analysis series! My strategy is simple: trade the waves and lock in profits. We're making USD on long segments and making BTC on short segments. Forget trading on the absolute highs and lows, we're trading on reliable signals that have been successfully backtested and confirmed in this analysis!...
Back to DNT/BTC after its peak 1050. Now I see the chance to pumps up slightly with the golden crossed. Why "slightly" cause I see RSI isn't having much room for growing. The support line of the symmetrical triangle works well, aslo for the RSI. Stragtegy: - buy area is from 900-980 - stoploss 850 Target: - target 1: 1070 - target 2: 1401 Happy trading! Linh,
not every same patterns make same result. dont be afraid with 2014's patterns, we just should be careful to take action. thank you ^^
It's a battle! MAs vs massive downtrend, who will win? We should know very soon!
Look at how the 50-day EMA (blue line) crosses from above the 200-day EMA (red line), forming a golden cross which is a sign of the bull market. Trade safe!
Just TA...I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
Hi all, Salt has been in a downtrend for a long time like most of the altcoins and price is a real bargain atm. It retraced all the way down and uptrend is ready to begin. Adam & Eve formation is about to be formed ( better on dailiy chart ) and there is a golden cross on 4h. Volume increase is also seems great.
Golden Cross pending on hourly w/ + Momentum ready to begin on daily and MACD pointed up on 0 is an overall good technical indicator. Volume profile matches typical H&S.
Welcome to Part 8 of my BTC tracking analysis. I'm using a simple wave analysis to capture gains while BTC continues to decline in price. At the beginning of this, I outlined that this is my only investment in the crypto market, as altcoins don't tend to do well when new money is not flowing into the market. Some have done well, but this is much riskier than the...
Lets see how does it play out (newbie trader)
It was confusing to me why there was such an unexpected bull surge recently immediately following the death cross on the 1 day chart on bitfinex. We climbed almost to the last recent climb but couldn't attain a higher high above it before now finally seeing a bearish reversal...This may be because even though the 2 moving averages have crossed on the current day...
ELF Marines are ACCUMULATING this 100% gain Elf has entered accumulation zone and it has proved to be quite resilient here. The 200 and 50 MA are positioning for a golden cross. ELF MARINE!!!
So as our amazing TA expert Tom predicted we have a swing of the MA's creating a golden cross on the 4hr chart on BTCUSD I made this chat for the daily about a week ago, with a few predictions, just wish i published it earlier now (12th Match) we had some bullish divergence which brought the level up to over $9k but its not pushing over that, 9300 was my next...
Support analysis of both, the previous parabolic move as well as the current slow decline, show areas of support aligning along with impending doom. Currently holding 0.382 Fibonacci, the area below is vulnerable up until the Trend line . At this point an expected rise from the Golden cross approaching within hours (200MA crossing below the 50MA, indicating short...
Backdrop Since the positive pre-announcement of last week, the stock has popped and broken its up-channel resistance at $12. All the while, the SMA 50 has crossed the SMA100 to the upside, providing a "golden-cross" positive cross-over setup. The stock has since given back some 8% - Been waiting for it to consolidate towards the resistance-turned-support. Trade...