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Macdcross

The Head and Shoulders Confluence Between BTCUSDT TimeframesAs the chart shows above, the Head & Shoulder pattern are about to form. This happen on Weekly timeframe. And if we willing to see how strong the validity of a pattern, then we should see it from another perspective. If we zoom into lower timeframe, we may see that head and shoulder is also forming. Here's the chart from 3 Days timeframe And also, Daily timeframe We also cannot validate a future movement that depends only one patterns, so here i show you the really basic MACD crossover indicator in Weekly, 3 Days, and Daily. On weekly On 3 Days And the daily still need to confirm crossover It's important to know that we need to wait for the pattern to complete. This is so because a pattern may not develop at all or a partially developed pattern may not complete in the future. Partial or nearly completed patterns should be watched, but no trades should be made until the pattern breaks the neckline. The target based on H&S prediction is same as the height from neckline to head.
Short
by CutlossTrade
BTC - Let's see where and how this daily candle closesA quick look at BTC/USD using the Ichimoku Cloud with the 20,60,120,30 settings as well as the Bollinger Bands and MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Short-Term Momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Term Momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating Momentum is upwards at the moment. Note that the Lagging Span (Chikou Span) is still under the price from 30 Periods ago. At the moment BTC is fighting to stay in the Equilibrium Zone of the Ichimoku Cloud. Note that you can clearly see that BTC has found some resistance from the Ichimoku Cloud Leading Span A (Senkou Span A) level. We need this daily candle to close above the Ichimoku Cloud Leading Span B (Senkou Span B) level and stay in the Ichimoku Cloud Equilibrium Zone on this 1d timeframe. BTC is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Upper and Lower Bollinger Bands are contracting inwards indicating momentum has slowed on this 1d timeframe. Note that BTC has been below its Bollinger Band Basis for almost 30 days. If you are still uncertain whether to buy in or not then a close back above the BB Basis and successful re-test as support will be a good sign of continued upwards trajectory. If we take a quick look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still under the 0.0 Base Line in the Negative Zone. Note that the MACD Line (Blue Line) is curving upwards so we may eventually see the MACD Line (Blue Line) cross back above the Signal Line (Orange Line) which is a buy signal for traders who use this indicator on this 1d timeframe. It'll be interesting to see where and how this daily candle closes. I hope this is helpful with your trading and hodl-ing.
BITSTAMP:BTCUSD
by TradingThroughTheLens
4
UPST retracement - Publishing my own idea, come to own conclusions. Fibonnacci says it's retraced and MACD and RSI are near bottom. CCI is at a low and doubt going lower. CCI with other indicators are best to buy at bottom or crossing 0. UPST earnings a year ago was positive and now $0.60 for QTR, reported revenue is up 3x from a year ago and only double from $125. Good entry point to not worry about, but fun enough to watch. Too many panic around earnings looking at all the red and green spikes.
NASDAQ:UPSTLong
by Pokethebear
1
$QS UpdatedMade a great trade on QS calls and decided based on the reaction of news to execute 100 shares @25 to hold for mid term swing. Great volume and price action. "California-based EV battery startup QuantumScape and a second top 10 global automaker agreed to partner" Based on Volume Profile, we want to see a break of $32. She might need to cool off (RSI slightly over bought) and consolidate but really like the positive MACD and bull cross. After $32 theres's a nice volume gap, so if you're not long already an idea would be to watch for a breakout of $32 with the next target (supply) at $42.50. Trailing mental stop below 21EMA
NYSE:QSLong
by FriscoTrades
Head And Shoulders Pattern + MACD Cross■ The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an up/down trend is nearing its end. ■ As shown on the following chart, MACD rises above the signal line. Crossovers are more reliable when they conform to the prevailing trend. If the MACD crosses above its signal line following a brief correction within a longer-term uptrend, it qualifies as bullish confirmation. The target is marked on the chart. Have a nice weekend 💚
Long
by BobRivera990
4
ADAUSD A 1D Look at Signs and SignalsADA had a strong basing pattern which led to a rise to new heights. However, as I said before ADA has produced lower highs, which is a signal for bulls to take profits or exit altogether. There have not been a lower low at the moment so there is no confirmation of a trend reversal as of yet. Look for the price dipping below 2.47. It will be quite obvious when you see it. But before you see that lower low happen you will have a signal. The signal will be a break to the downside from the blue trendline. You can see this started with a long legged doji appearing and a clear, red confirmation candle following, letting people know the price was going to reverse. Now since the doji does not tell you where the price will stop, you will need to look at other signals. The first thing you will look at the a break from the overall trendline, then you will look for a lower low, from there you will mark supports and keep and eye on the price movement. The sentiment has shifted, noted on the chart, and the MACD has crossed signaling a major pullback. Generally, bulls typically enter an asset at a strong support and exit at a lower high, keep that in mind. If there is no lower low, the trend is still considered an uptrend. I will continue to watch this further. Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time. Again, I apologize for having less time to post at the moment, but that will change in a couple weeks. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSD
by mysticalwalrus
14