I think it is obvious that this one can give us one quick squeeze short profit and then entrance level as well. RSI is highly overbought, MA200 looks like a border stone, and there is Fibonacci level as well.... My play is sell short, 1k shr with 2:10 R/R
As Trump said " we are locked and loaded", so and I am for this one cheap lady:) The Blue line is the MA200 weekly price, which remains as the main support level. My play in pre-market is a Buy with 1k shr, R/R is 2:5
Did you know that Michael Burry is long on GME? Of course, that is not a reason for us to also pres a buy button, but if we look at redline which has a price value from 2003 lows, and on H1 MA200 which stand as a support line together with redline (RSI is at 50 levels here) we can wait for some price reverse and then take under consideration to go-ahead. I...
Waiting for pullback to breakout trendline or ichimoku cloud and then buy. OANDA:NATGASUSD
I will take a closer look at MA200 price level and Fibonnachi 38.2. On top of those RSI will give us a signal where the price can go. On H4 time frame we can see some possible bullish development in front, and futures are green, at least for now
I Will take a closer look at RSI lvl 50 and MA200. The reason is if the price holds above MA200 and the RSI 50 is crossed then new trade can be made. Anyway, DAX holds many right now oversold stocks such as BMW, LHA, DAI...
we are looking break and close below that blue zone. For right entry, checkout 15 minute timeframe
Well, the idea is simple and short. Like in 2012 or in 2015/16, after this first rally of the new bullmarket, we'll need to retest the daily MA200. I've drawn a possible future daily MA200, taking the second 2012 rally, to which I see many similarities. BTC will at least go to 10k first, it could of course also overshoot to 12k or the like. However, we need a...
Ethereum Classic #ETC. "Adam & Eve double bottom" pattern validated with breakout of the neckline happened just now. In additional, breakout of the long term resistance since may 2018, and now positioned above the MA200. Let's see if it will pump enough to get back to its past "normal price" over $12-15. ;-)
As you can see in the chart the price has broaken the orange pitchfork and pullback to it. Also just now you can see the price touched MA200. We expect the price reach up line of blue pitchfork and after that will pullback to MA200 and after this confirmation you can enter the position.. If you are risky person you can enter the trade now and set your SL upper...
The Most Important Moving Average Period is probably week. AS you can see, In the recent year, MA20 and MA50 influenced trend price. BTC is above the MA200 , That is ok. MA50 and MA100 are close to each other, then we can focus on the MA50 Look! BTC is below the MA20 but very close to cross up the MA20. IF BTC cross up 4060 USD in the end of this week...
I noticed a crazy convergence of extremeley important supports, at a price range, that I think, will be the strongest support in this bearmarket. The first support being the weekly MA300. The second support being the longterm squareroot function trendline. The third support being the line connecting the 2013 ATH with the China dip. The last one comes from an...
The follow up chart on yesterdays chart, zoomed out a bit, to understand the important supports at play here, and why the MA200 is not the support to look at, as the strongest possible support. We see that the probable future MA200, is quite far above the squareroot-trend. A trend, which has stood since 2010, and has been tested again and again. There is no...
So, we have been floating around the weekly MA200 for a while now. BTC seems to want to drag out the decision as long as possible. I expected a rally towards 5000, but because the longs are too high, this rally is almost impossible now. It would have done a rally, if shorts remained higher than longs, which wasn't the case unfortunately. This means that at...