Elliott waves, fibonacci and 16H histogram showing NAS is close to a reversal. Looking for a final drop to 1566 to close out bearish histogram. Would like to see in the 16H: -one more red bar in the histo, pulling the MacD closer -then, a green bar in the histo for the MacD cross Hammer at the peak of wave A good signal of a nice pump to come! IF we get the...
Ticker: COINBASE:BTCUSD Time Frame: Weekly / ~6 Months I'm out right now. Just watching. Here's an analysis (left), a trade set up (left bottom corner) and some scenarios (right). Haven't had interest in BTC for awhile, looks to be establishing something.
Trend change: Long set up 200 ema biggest resistance now. Expecting histogram (MACD) to turn up to continue the trend. It is currently in pullback mode: the buy zone.
Took profits, histogram flipped, volume ticking lower. One of my first real trades after several hours of trading videos (Philakone's Cryptocurrency Trading Guide). Lets see how this goes.
TRIX Histogram (weekly chart) shows that we are getting higher highs. Slowly but surely we are in a bullish trend. Lets be patient and wait for that confirmation!
EOS forms bullish divergences in MACD histogram + macd crossed over in very low area in daily chart, which is a buy signal. It also retraced to the 0.618 fib level which is the level where cryptocurrencies most like bounce off. Considering a possible starting bull season / rally in btc it is likely that eos follows with a big rise.
Just publishing this for memory purposes. I'm currently in the process of learning the Elliott Wave Theory. Here I was marking up the EU 15M, any suggestions or constructive criticism is always welcomed.
As you can see in the picture, the current situation has already happened in the past and on 02/08/2012. Dear friends, the current status of Bitcoin is not a new situation. Although the eight-month depression flag has been broken, and although this is a very important event. An important issue is the breakdown of the 6800's resistance.
Good morning all, I'm guessing we may see some price action soon here as we come out of the 30 minute cloud. I'm posting a small lesson on MACD to show one confluent reason why I think BTC will jump to 6300-6400 (6540 MAX) then get rejected. My guess is that the IHS will still fail and possibly result in quite a dip in price. If this occurs, at some point we will...
We have identified the Macro waves and pointed out the most recent minor waves. I believe we just completed Wave 3 of a Cycle Wave, as well as Wave 5 of a Primary Wave.
Above average volume led a bounce off of previous low's for GG as well as a bounce from the Bollinger band extreme. We are seeing very noticeable momentum divergence off of the mac-d histogram and signal lines. The RSI has also given us the green light as it has failed to make lower lows, and the mac-d histogram has put in its first higher low today signaling our...
The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46...
The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46...