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Macdcross

EMA & MACD crossover, a potential early entry for Brent Crude?Trade set up - Enter on a daily close above the 10 day EMA with stops below the previous weekly low of 58.35 and a short-term price target of 70.00 - 71.00, looking to add to the position once broken above the downtrend channel. Why we like this trade - Technically speaking, price looks to have found some support around the Feb 2017 high after the recent 33% onslaught of crude prices since late September. With a recent MACD crossover and bullish weekly close last week, it may be an early signal for a change in direction. We are looking for a close above the 10day EMA as an entry signal which seems to be holding true using the MACD crossover and oversold RSI for support in our conclusion.We've also seen a strong draw of 10m barrels in the weekly API crude inventory report, which gives us some confidence tonights official DoE report should follow suit. That said, a break below the recent low could indicate further downside with the recent price support simply a rest for sellers looking to target $45-50 a barrel. Disclaimer. Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation
FX_IDC:USDBROLong
by Pepperstone
BITCOIN: Break Out The Red Panties - D4 Made Us Rich, Baby!Dear Friends!! It's about time to call your wife: Break Out The Red Panties - D4rkEnergY Made Us Rich, Baby! My forecast many days ago has held to the point. Ok, admitted - I was in doubt if we had one more wave down on the 5th subwave on the 5th Wave on A. But who cares. We are now on my Wave B - we will continue up. We can go to anywhere from 4,9k-5,6k USD - It's the Tether BS-spikes that confuses me, why I have such a broad range - but we can figure that out when I get more confirmation on the 1st wave. ALSO: - Look at the bullish volume above MA20 - Incoming Bullish MACD-cross and the histogram shows us, how the bulls finally are greedy again! What a day, my ladies and gentlemen. The Best Bitcoin Day since July - and 11 B USD went into the Global Market Cap, which now brings us up to 140B USD. Have a wonderful day - and say hello to your wife from D4! D4 Loves You <3 PS. Remember to give a LIKE - much appreciated!
BITFINEX:BTCUSDLong
by D4rkEnergY
15
MACD | Gunbot trading strategyThis is an example of Gunbot trading with the MACD strategy. Gunbot is a multi platform crypto trading bot. About this strategy This strategy is based on MACD , taking advantage of signals that indicate momentum is likely changing. A buy order is placed when the MACD line crosses up the signal line, a sell order is placed when the MACD line crosses down the signal line. Settings used This example uses the "pure" version of the MACD strategy, meaning both the buy method and sell method are set to use MACD . MFI is used as confirming indicator. The following relevant settings were used, all other settings were set to the defaults: PERIOD: 240 MACD_SHORT: 12 MACD_LONG: 29 MACD_SIGNAL: 9 MFI_ENABLED: true MFI_BUY_LEVEL: 40 MFI_BUY_LEVEL: 20 MFI_PERIOD: 14 Full disclosure I am the author the Gunbot wiki. This content is only meant as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used. Disclaimer While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future. Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.
BITFINEX:ETHUSDEducation
by gbtcm
Digibyte - DGB - just made 100% in 2 weeks!Hi Guys! As we described this coin 3 months ago in our analysis “DIGIBYTE (DGB) - 3100% Earnings Possible” – Seriously we have finally a massive break out. 100 % in just 2 weeks and this is not the end of the story as we still have no supply and lots of demand. Guys Digibyte is a great project. So short summary of what actually is. This is the most decentralized cryptocurrency in the world - 190 000 nodes. 5 mining algorythms. Real-time diffiuclty adjustment. 15 second block time. We tested the speed of the transfer - From exchange to cold wallet less than 30 seconds. 560 transactions per second. Strong team with strong leader - Jared Tate hk.linkedin.com Many exchanges where you can buy DGB (Poloniex, Bittrex, OKEX, Cryptopia and many more). Faster, cheaper than BTC , BTCcash, Litecoin - steemit.com Technical analysis details: Double bottom formation observed Just crossed 0,5 at Fibonacci extension MACD – very positive, strong trend with triple bottom Wave – lots of demand and no supply so far CMF - Chaikin Money Flow - very high demand on price Fibonacci scale: 1. 0.00000400 (achieved) 2. 0.00000510 (achieved) 3. 0.00000599 (achieved) 4. 0.00000687 5. 0.00000813 6. 0.00000974 We may expect to have higher levels as those back in June 2017 when DGB obtained 2500 satoshi. Waiting so long for such levels may take time and it is very risky but may pay off. For the tim e being observe Weis Waves and level of 800st. We will post update regarding this trade. What do you thinks guys? Please do share your thoughts in the comment section. Thank you for reading this! Don’t forget to follow and like. :) Hugs! Your WBM Team
DLong
by WBM_Team
4
CHKE Very Strongly Oversold CHKE a marketer and manager of fasion portfolios of fashion brands, its brands are licensed with retail and wholesalers in 50 countries and about 9000 retails. After reaching a high of $29.75 in the summer of 2015 it has dropped to a low of $.65. Looking at the company financials reveals possible under evaluation by the market. With a market cap of about$13mil and an enterprise value (MRQ) of $56mil, total assets of $103.597mil and a new deal with Bearpaw Holding CHKE could be on its way back up. In the last 3 weeks we have seen CHKE spike to $1.30 and retreat. A break through of $1.30 could create a large move to the upside and we saw an all time high on volume two days ago. Watch this for a strong move to the upside, possible short squeeze.
CLong
by luckeyma
Patience is The KEY! But BITCOIN is Facing The WALL of Decision!Dear Friends :) No speech. No intros, no long stories, let's just jump in... Once again we are taking a look at our favorite coin. And once again we will take a look at the 4h BTC/USD Chart. We will never be tired of Bitcoin. And after a long day of sideways movement, Bitcoin has to make a decision very soon - and we are in for a treat! We will soon see firework... As you can see we are in a descending broadening wedge (you might also argue that we are in a normal descending wedge in small dotted lines). Please pay attention to my red circles, and notice how we after some up-sideways movements has bumped into the wedge wall, and how we hereafter fell in a steep down trend. So the question is, will it happen again? We have a lot of bullish signs in fact. We are in an ascending triangle in purple. We have had Regular Bullish Divergence on MACD and on RSI, also a bullish MACD-cross. All that in isolation is telling us, that this downtrend could be over, and we will go into an uptrend now. But, but.. We are squeezed into an ugly zone of confluence support and resistance everywhere! This is not a place to be in if you suffer from claustrophobia. We have all the EMAs from 20 to 200 just above our head. We have 8,2k support under us. We have 8,000 USD which also acts as huge support due to it is a even number and also is P.O.C. (Point of control - most trades are generated at this price point ever). So here is D4rkEnergY's advice for you. Believe it or not - I care about you. So this is still a no trading zone so far. Let other people gamble with their money! Go to a casino play some Roulette instead. We are aware of the market conditions, and when there are no reason to take unnecessary risks! THAT is how we become a better trader. When that is said: I believe we will very soon - when we get closer to The Wall of Decision - that we will see a SPIKE in one of the directions. I also believe it is most likely, that we will go in an uptrend at around 7,800 USD or maybe have we already bottomed now! I promise to keep you updated!! While I'm writing this, I can see the bears are trying to escape the triangle cage...... D4 Loves You <3 Aaand as always. I would appreciate a big LIKE if you enjoyed my analysis. Thanks in advance, my friends :)
BITFINEX:BTCUSD
by D4rkEnergY
180
BTCUSD 4H MACD TREND FOLLOWING STRATEGYStep #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point. Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline At this point, we really ignored the histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear. Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above) When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early. This is a clever way to filter out the false signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other criterias such what this strategy tells you to do, you will find great trade entries on a consistent basis. Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low) Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager. You want to place your stop loss below the most recent low. A good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio. Step #5: Take Profit when the MACD crossover happens in the opposite direction of our entry Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) crosses the signal line (the orange line) we want to close the position and take full profits. Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens. Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade.
BITFINEX:BTCUSDLong
by Tradingstrategyguides
3
Litecoin... running on fumesThe importance of Fibonacci support and resistance levels cannot be overstated. Look Carefully and you will find 13 instance from Mar. 22 until present in which they have served as support and resistance levels for LTC within a few dollars in most instances and near perfectly in others. Right now I am worried about LTC in the short term for a few simple reasons. The coin has been oscillating between the 0.786 and 0.618 bands with the 0.618 serving as string resistance. Short term I am bearish for three simple reason: 1) Within this Fibonacci band we can see what I believe to be mild negative divergence on the RSI marked with a dashed white line 2) There is a bearish volume pattern denoted by the leftmost downward sloping magenta line on the graph, preceded by and upward sloping green one, which is preceded by several downward sloping magenta lines which show a pattern. 3) Though the 'death cross' where the 50 day moving average crosses the 200 day never happened (I believe some analysts say it did and the graph does not support that) we are witnessing an imminent crossover as far as MACD is concerned denoted by a downward facing white arrow at the bottom of the shot. Look carefully at the last time this happened and you can see why I am very concerned short term. If you found this info useful please give a thumbs up. If you disagree your comments are welcome so long as you provide evidence to support your position and you are constructive. Thanks for reading!
BITFINEX:LTCUSDShort
by TNasr
4