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Macdivergence

ETH Long to 2000 USDTDear All, welcome to our trading ideas section. This is not investment advice, and we are just sharing our point of view on what we see on the chart. In this Chart we are using the TFLOW V3 MTF Indicator, which is our product as well as the MACD, Volume Profile and CHOP LRSI V1 (we keep only the LRSI). We go to the weekly chart to see the bigger picture. So the indicators show us that: The MACD is heading to point zero so we have a reversal in motion. The LRSI is showing us that there is plenty of energy to move the price. The Cap & Handle Pattern shows us that the target price for ETH is 2000.
Long
by TFLOWBLOCKCHAIN
4
5 Important Points About BTC.D🦍BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one! To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by one. Let's hit it. #1: Indicators (RSI and MACD) : MACD is showing a bullish divergence on the chart, that means the bearish momentum is getting weaker. It doesn't mean we're going up, but it means if any bullish power happens we can easily go up because Bears are weak now. Let's check RSI on the chart, the RSI is completely moving above a ascending trendline (Yellow line). Until we're above it, then BTC.D is good to go up. It looks like RSI is going to touch it's trendline again, if it does, I'll consider it as an important date to check my altcoins to swap with Bitcoin. #2: Consolidation channel for 1.5 year : This is a very strong and important channel for BTC.D because it has trapped BTC.D inside of it for more than 1.5 year, and many traders have used it to accumulate more BTC. How? Swap altcoins for Bitcoin in the bottom of the channel and the opposite in the top of the channel. Now that we're very close to the bottom of the channel so we have to consider swapping again, from Altcoins to Bitcoin. But be careful, you have to check each of your altcoin's chart one by one before making any decision. #3: Very strong support area (green area) : At the bottom of our consolidation channel, you can see a green area that is the strongest support area in BTC.D history. Because almost every time BTC.D had reached this level, it has forced BTC.D to move upwards. The overlap of this support area with the bottom of consolidation channel makes me seriously consider to swap most of my altcoins (with capital/risk management) with Bitcoin. SO TAKE BTC.D AROUND 40% SO SERIOUSLY. #4: BTC.D All Time Low : It is possible to have a downward fake breakout to 35.4%, because this is BTC.D ATL (all time low). It has happened before, so I'm still bullish on BTC.D unless this area is strongly broken downward. Other than that I believe we're in the BTC.D floor or at least close to it. It means, I prefer Bitcoin to Altcoin for long run as this is a weekly time-frame. #5: Comparing Bulls and Bears : I compared last two waves in the consolidation channel, greens from bottom to top and reds from top to bottom. As you can see on the chart, it took 20 candles (week) for bulls to go from bottom to top and 13 candles for bears to cove top to bottom. It means, in last two waves bears we're definitely stronger than bulls and we didn't see enough momentum in bulls. Although BTC.D is on the floor but my impression is that, BTC.D doesn't have enough momentum to break the channel upwards with one bullish wave. I think we need at least one strong correction in the middle of the road, before upward breakout. This will be my tough about breakout unless we see a super strong momentum when the bulls start pushing BTC.D. I wanted to add something else about this breakout, no matter when it happens, the target of BTC.D will be something around our green area (58%). So that date, will be a good time to check the market to swap Bitcoin for Altcoins. Well, this is my analysis on BTC.D, don't forget this is a weekly timeframe, so it is for long-term investors not short-term traders. Feel free to add up your ideas about my analysis in comment section, I do like to discuss different ideas with you guys to educate ourselves and take the best out of the market.💖
CRYPTOCAP:BTC.DLong
by ArshiaZojaji
13
SPOT SILVER XAGISD Short Swing SetupOn the 15-minute chart spot silver in the past few days dropped from a triple top and then reversed in a Fib retracement. Since the price is now at the Fib 0.5 level and a MACD crossover above its histogram, the time is ripe for an end of the reversal and a new reversal to ensue with the stop loss above the Fib 0.5 level, the short trade entry is when the price drops below the POC of the volume profile of the past week ( horizontal black line) with a target at the pivot low of the previous downtrend. At the target price would either reverse again or break through the support and continue the downtrend. Overall, this is a projected 2.5 % over a couple of days. Overall, my trade idea is that spot silver will now drop to the bottom of the recent downtrend and then reverse forming a double bottom and strong support for an uptrend to exploit for another profitable trade.
OANDA:XAGUSDShort
by AwesomeAvani
MACD 1D: X, XD, XDD, and P=M(XD)Andrew M. Kempi 7 January 2023 MACD 1D Methodology: X, XD (X•), XDD (X••), and P=M(XD) Determine Volume psychology and volume mass. P=Mass(Velocity), p=volume(XD), including pascal averaging. The Volume, and price value, is dependent on Velocity (XD). Velocity is dependent on Acceleration. Confirm undeviated direction and trend. Establish location: above or below directional price average. Trend symmetrically around price average. Confirm XDD (X••) acceleration. Identify the Vector utilizing XD (X•).
SP:SPXEducation
by privatepizza111
RAD bullish pattern repetition?Similar pattern formation to Jul and Oct 2022. High Stoch and strength from a rising RSI can help boost the price over an estimated 3-month range. MACD at zero level cross. Good entry point. We want to see this MACD maintain well over the zero level along with an RSI maintained over 50. More peaks above 80 in Stochastics can help support the bullish thesis. Assumption is a Q3-2022 pattern repetition. A bullish engulfing candle is expected but is a lagging indicator on such a chart. It can be used as a trend confirmation.
RLong
by ashpat86
DOGE PENDING SHORT SQUEEZE???DESCREPTION: - In the chart above I have provided an analysis for a couple possible scenarios that may occur for DOGECOIN despite a lack of fundamentals or investor interests. POINTS: 1. We can see that DOGE likes to have a deviation of 0.03000 . 2. Observe MACD below chart you can see that previous squeeze was predicted by a steady MACD that held a consolidation zone which appears to be what is happening now. 3. The monthly trend line on the monthly indicates that we are coming to an end of bearish momentum. 4. On the weekly if you observe the BLUE LINE trend you can see we have an ASCENDING BROADENING WEDGE. 5. Around January 20th if price action is to stay within current supply pocket price will begin to squeeze tightly this can be a catalyst for a short squeeze since we will be having the monthly and weekly pattern expire. 6. 0.07000 is a very crucial threshold to hold in order to invalidate bearish momentum and to validate current setup. BINANCE:DOGEUSDT
by DGSTBROKERACC
BAJAJ FINANCE DETAILED MACD ANALYSIS!! DISCOUNTED NIFTY 50 STOCKin this idea i will be explaining you the MACD analysis done by me. but firstly let me run you through the chart. THE TREND LINES: RED LINE: its the trend followed from past several years before the 2020 crash. DARK BLACK LINE: it is drawn out from the market getting consolidated and from the bull rally post the corona's crash. its the actually trend which should be followed by the stock at present. this helps to determine how much is the stock discounted by. BLUE LINE: this are the short term resistence followed by the stock. EXPLAINING THE MACD ANALYSIS: THE DARK GREEN sticks represents a bull momentum THE LIGHT GREEN sticks represents the stock correcting, after having several dark green sticks THE DARK RED sticks represents a bear momentum THE LIGHT RED sticks represents the stock having an impulse move after the correction, and coming back to its original trend. MACD ANALYSIS DONE IN DETAIL: i have wrote down some numbers on MACD explaining my analysis(be with me till the end). based on the numbers i will be writing the points: NUMBER 1 REPRESENTS: the macd being always been in the green stick(light and dark), representing having a bull rally and a correction after it, but staying within the trend. NUMBER 2&3 REPRESENTS: the 3 dark red sticks, showing the 2020 crash. now, since it has to be valued right, the minor red sticks showed an upward momentum to bring the stock again in its original trend. NUMBER 4&5&6 REPRESENTS: the bull rally post the crash, and the correction followed by it. NUMBER 6 is also a major correction because of MAJOR FII STAKES SELLING. NUMBER 7 REPRESENTS: a small momentum gained by stock after NIFTY 50 finished correcting, and had a bull rally(dated- 20th of June). and even including the stock split news. but this smal momentum had broken the blue trend line, showing a breakout, and a bullish sign. but from past 3-4 months the stock is following lower highs pattern, and it has sent to its previous red line trend. some possible reasons could be said, one of such could be current market conditions. THE CIRCLED PART(in macd): but finally a red stick shown, had made me to think that instead of breaking the lower highs pattern, the stock is falling majorly, and reaching its greatest support of trend line(6560). (average macd been followed by the stock was 90, and post corona it should be around 110.) RSI: the overall rsi indicator is slowly falling, showing that stock may not be moving as it was moving much before. but this can only be conformed seeing the sector growth. WHAT AM I DOING: i will wait till the stock reaches bottom, and then start keeping a keen eye on its price movements, if its starts going up, i will make 3 positions 6560, 7300 and 8150(based on the patterns and trends). if falls, then cant tell, but one could then tell the stock is much undervalued. but this will pretty much not happen because NIFTY FIN SERV index, to needs to go up for a long. and same is for this stock. THANK YOU FOR STAYING TILL LAST. I HOPE YOU LIKED MY ANALYSIS:)
NSE:BAJFINANCELong
by raghavchoudhary2016
SANDUSDT - Price action UpdateHi there, So many were calling for shorts and few were calling longs but in real what's gonna happen ? Well my answer no we can't say the least we can do is predict the possibility of happening but we can't sure it's gonna happen. So without any confirmations in price actions of the assets never take a trade based on the predetermined decisions, one must able to make decisions instantly according to changing conditions to be a successful trader. Moving to analysis, here we are on SANDUSDT chart, what's the idea.... Well it's pretty simple the previous upward moment had been rejected from the resistance zone which is at $0.7941, so can we open short? well not so soon, let's draw out some pivot conditions to conclude our decision. Volume : Well from the last three days the volume has been pretty much increasing and ofc volume during the rejection from it's resistance is also high. RSI : well it's been in nice uptrend from the past three days, it oscillated between the range 40 -60, so it's too early to open short. MACD : we can observe the downward strength is slowly decreasing, so yea definitely it's not the time to open short. Resistance : $0.7941 has been acting as strong resistance unless it's got broken, we can't open long too. Intraday Trade : LTF - 5min : there's a pattern formation called descending triangle with local support $0.7671 - once it's broken we can open the short placing the target at $0.7948 Conclusion : It's too soon to open short position we need to wait until the price heads to the range - $0.7845 to $0.7941 and got reject from there which is likely or to break the local support at $0.7671, so that we can open short. And if the resistance is broken we can draw constraints accordingly to go for long. Wait until the confirmation....Stay connected for updates and if any doubts comment in the comment section
by Livermore_Jr
Sushi - Bearish Divergence 4HSushi has ben on the roll recently, with strong bullish pressure making its price reach its multi-month high. On the 4H time frame SUSHI is forming a bearish divergence with higher highs on the price and lower high on both MACD and RSI. RSI its losing momentum at the moment of the writing, while still sitting in overbought territory. I would open a short at these price, with target price at the demand zone at around $1.2. Remember that buying pressure is still very high as highlighted by the volume levels, thus play safely.
Short
by crypto_angelz
A last chance for the Euro ?Under the US dollar pressure, EURUSD has been making lower lows and lower highs recently. However, RSI on the monthly chart is oversold for the 3rd time in this century. MACD is showing bullish divergence on multiple timeframes, and the EURUSD on H4 has just achieved a higher high this time with 5 impulse waves: the ABC correction is clear on the chart, wave C is nearly around 0.76 to 0.8 fib retracement. With today's good news on euro CPI and core CPI (higher than expected for both), we can give this currency a chance to retest the end of impulse wave 5, or even to make a higher high. Stoploss can go below the impulse wave 2 for some people, or below the lowest low (the beginning of the impulse wave). Note that on a long term perspective, USD is still stronger than EURO, we will just give eurusd a chance after the new high we saw lately. Goodluck everyone, Joe.
Long
by joe-abdallah