This was an interesting find using the EMA on Implied vol indicator. Looking at the technicals below the bar chart price has rallied 3 out of 3 times when this has happened during oct 2021 and April 2022. Along with the rallies have come the sell offs unlike the rallies the black EMA and the vix fix line track each other as the market sells off causing the red...
As you can see, the candle closes below the blue line, which is a sign of further decline to the green support zone .
So in this post I am going to show you an indicator you probably have never heard off and that is the relative vigor index, here in the chart I have shown a few examples of how it can be used for confirmation, It can either be used to spot hidden divergences or used for when price pullsback to a moving average as a tell tale sign the market is ready to continue...
Quite honestly I don't see any signs of reversing the current downtrend situation. Maybe a pump of relief and down again. This can take weeks or even a few months. Let's hope for the best but given the current situation in the world, at all levels, I have my doubts.
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Not a piece of financial advice. We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been...
Okay so here we have a daily chart for XAU we can see price is under the ema89, price has been ranging sidewards now since 16th May, so we need eventually for the pressure to build and a forceful expansion happen, the daily candle printing in 33 mins looks very bearish and we could look to take sell trades and attempt to sweep the longs in the market, as Interest...
Decentraland barely not sinking The metaverse altcoin, which was trading at $0.9085 during press time, noted a 7.73% spike over the last seven days. This price appreciation might seem like a solid opportunity for investment. However, we should not forget that it is only on a micro-scale. On a macro-lense, MANA is far from recovering. What our chart telling...
From our last bullish call on ETH, it went from 1085 to 1230! Over 13% :) Now I'm expecting a temporary short on ETH to around 1130. Let me tell you how I arrived at that conclusion. Looking at the 8hr chart on ETH, we can see it's coming up to resistance. Now there's also a bullish inverse head and shoulders pattern (drawn in green) but if that can't break the...
The Stellar Development Foundation (SDF) has launched a $30 million matching fund for early-stage companies building on the Stellar blockchain. The fund is a branch of SDF's Enterprise Fund, the firm's venture arm investing in startups within the Stellar ecosystem. It plans to match investments up to $500,000 from the lead funding source. The idea is to boost...
With main confluence from MACD , Stochastics, RSI and MTF EMA's, I am expecting a run to 69.28. Momentum looks to be rising on the Daily, but if you look closer on January 26th we see divergence on the MACD indicator (Orange). While price reached a low at that time, MACD has been steadily rising. Price has been driven lower through this time but MACD has been...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
GJ is bullish on most of the time frames. Price is most likely to retest the major resistance on weekly timeframe.
Stage 4 in progress atm. Now we're reaching 2017 Dec. ATH. Never the less keep in mind that BTC Futures gap. Don't get me wrong guys. What I really want is a BTC pump and not this. Never fight against markets. Follow the 🔴 🟢
META is down almost 60% in the last year and it looks like there are two possible outcomes from here. Bullish scenario: The current pattern is generally bullish and typically anticipates a significant trend reversal. The Sentiment Index indicator shows a weakening in the Bearish Sentiment which could indicate that a more bullish sentiment could come next. ...
!!This is the moment!! Can we hold?!? - Confirmed Top - Confirmed Reversal - Red Micro Dot ( bearish ) - Confirmed Reversal - Squeeze Breakout + Weakness Arrow Signal - Weakness
!!This is the moment!! Can we hold?!? - Confirmed Top - Red Micro Dot (bearish) - Fake Squeeze Breakout (squeeze + reversal) - Squeeze Breakout + Weakness Arrow Signal
ETH/USDT short Entry Range: $1768 - 1910 Take Profit 1: $1710 Take Profit 2: $1620 Take Profit 3: $1465 Stop Loss: $2065