Today we get some notable signals: + BTC price surpasses MA200W; + We have the first green histogram after 5 correction waves of MACD; + We are in the 17th month after the official peak of the previous cycle (Apr 2021); I think we are really entering a new cycle with an uptrend that lasts until 2025.
Hi Traders, I am looking at this potential Double bottom forming on the 4-hour time frame for EUR/USD We have pure divergence showing on the MACD. We have sellers weakening out on the histogram as well as the MA lines. This current candle needs to close ideally above the neck zone but needs strong bullish volume to accompany it. If we see that, then we can wait...
It seems history is repeating. Weekly MACD histogram and daily MACD and histogram crossing negative preceded the crash in May. Daily MACD finding support, followed by the histogram crossing positive marked the start of the rally in August. The same sequence of events has just completed in the last few days. Time for a bull run?
Good morning! Today, we are on the EUR/USD pair. We are looking at the 4-Hour time frame. It seems we have a double top at play here. However, I’m not convinced about the neck zone ( Liquidity zone ) We have full (pure) divergence across the MACD. We also have a large bullish volume break-out bar. This could mean that it’s a bull trap and that price will move...
Currently watching TSLA because of the hype over Q3 earnings (to be announced). About this setup: - Investment horizon: Medium term (i.e 2 weeks to a month). - Timeframe: Daily chart - Strategy used for backtesting: Mean Reversion (ATR) Strategy Idea: Using Price by Volume Histogram to find current support. Also, we want to mimic the initial point of...
Lemonade is looking very promising and seems to be at a great buy opportunity currently. It has formed a very nice triangle that it is coming to the break our point of one way or another. Divergence on the Histogram and a Daily MACD cross up. Looking to take profits somewhere about $165ish. Could hit ATH by end of year though.
IOST at bottom of Triangle Pattern that has held the bottom above $0.05000 since 09/07/21. Exaggerated Divergence on 8 hour chart on MACD, RSI, and Histogram. Also in smaller falling wedge pattern on smaller time frame with brake out bringing price action out of triangle pattern to $0.06100. Probably see some resistance around there. Then possibly up to $0.085 plus.
NYSE:AZEK completed a bear trap today after prices recovered quickly back over the support line and 200 EMA . It also showed MACD histogram divergence when the new price low made on Jun 17 had a much higher low on the histogram than the price low on May 17.
Day trade for Tuesday June 15.Technology sector has had a week of strong relative performance. Momentum indicators in full swing, 1 hour charts show bullish candlesticks until close with increasing volume. Stop loss at 83; target price 88.
Market in last 24hrs ETHUSD remained in consolidation. Lack of trading volume kept the prices bound within a tight range. Today’s Trend analysis ETHUSD could continue to be in the current state as traders appear to be cautious. Any cue of movement in BTCUSD could create a shift in momentum in Ether. Price volatility remained high at approximately 4.7%, with...
In addition to the Fibonnacci assessment in the first chart (linked) which shows that we are on a very important resistance level, this chart deals with volume and momentum. Let's break down what's important: Comparative volume profiles of the main trends since 2018. The major trend since March 2020 is broken into 2, separated by the market fall in July last...
It's moving closeer to a low trend and the MACD histogram is negative.
Based on MACD histogram momentum and KDJ cross. Low point to buy.
Hi guys and Marry Christmas to folks; This potential sell can be my gift to swing traders.We've to watch the price action approves the Fib 38.2 which is neckline of our pattern.After the price touches the neckline and Fib 38.2 ,we can jump to the short position after the breakout the minor trend line(Yellow Arrow). Best Wishes for you.
Quick trade. btc 12750 and stop loss is 13022 Goodluck guys
So it appears I was a bit off in my last call for nio. What I thought was the top, was really just the beginning of a larger move. As much as I would like to do some elaborate analysis, I think this is very simple. There is huge bullish momentum surrounding this stock. Huge. I can see this going all the way up to 33 dollars. On a more technical side, although we...
hey everyone, just a quick update, I hope you caught my last trade where I predicted the high of btc. I am saying to get out rn, and start shorting. The first target is the 11252 range. All the best. Stop loss for me is the 12050