Price closes below the 50 EMA on the 1-day chart for the first time in five months. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be
The red trendline is a key level, if we drop below 11k, most likely will see lower lows for the next few weeks. Most recent doji showing indecision, could lead into a reversal or more down trend. Watch the 1,2,3,4 hr charts for hints for the next daily. If the next daily candle printed is green, put on your moonboots - 13k and beyond. This is not...
Rules: Wait until the trend candles become green(Heikin Ashi), use the first one as a signal then enter the game @ second one Use ATR(14)*2 as a SL and ATR(14) for TP then cross your fingers :)))))))
I wouldn't be surprised to retest the cloud for support.
I feel this market is set to continue it's downtrend as it approached significant resistance it began to turn down. This would be continuing to trade the trend and take the path of least resistance. If the current candle closes red then I will be shorting the market with a stop 10 pips above the recent high. My take profit will be towards the recent lows...
I have taken a long position on this market as it has broken out from the downtrend and and there is good RSI Divergence on the lows. It is now making higher highs and higher lows so I have entered on the most recent pullback once the market looked set to continue. My Stop is 10 pips below the recent low and my take profit is at the previous high.
AAPL has been seemingly complacent while others have rallied for nearly three weeks. While great for iron condors, it has been flying low on the radar for those looking for growth. Support has been established and the stars are lining up. Fundamental issues have been priced in and a brief rally at earnings proved that. We're about a day away from a breakout to 177...
Overall Summary: Overall the last 60 days (from the 15th of December to the 15th of February) were neutral to bullish and I am bullish for the next 7 days. It is worth noting, that the market sentiment has driven the bullish price action in the last 7 days, rather than specific price action worthy news from the security itself. Detailed Summary: This chart...
Overall Summary: Overall the last 7 days (from the 25th to the 31st of January) were neutral and I am bearish for the next 7 days. After a two month uptrend, and the issuance of the BitConnect Token (BTT), I believe that we will see a significant medium term down trend. Detailed Summary: This chart uses daily Heikin Ashi Candlesticks with a custom trend bar...
Crazy profit 6,532% , 66% profitable, 2x profit factor. Beats buy and hold using my Stop Loss strategy :) Note this uses Heikin Ashi chart so the chart prices used by strategy is different from actual bars.
Overall Summary: Overall the last 7 days (9th - 16th of January, 2018) were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $4000 to $3500 range during the last week, 81.7% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current down trend. The price is closest to the 20 MA with a trend...
Overall Summary: Overall the last 7 days (9th - 16th of January, 2018) were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $4000 to $3500 range during the last week, 81.7% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current down trend. The price is closest to the 100 MA with a trend...
Overall Summary: Overall the last 7 days were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current downtrend. The price is closest to the 50 MA with a trend towards the 50 MA. The volume has...
Overall Summary: Overall I am bearish. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current downtrend. The price is closest to the 50 MA with a trend towards the 50 MA. The volume has decreased over the last week, which is supporting the...