Hello! This is just my personal take on it but for me it seems like it is forming a H&S Pattern, wich is a "Bearish Sign"! I would watch the area around 0.75 - 0.76 (Yellow Horizontal line) for possible breakout to the upside again though. IF it passes that line i guess it CAN move further up again, however if it fails and goes down agin (Following the red curve...
I have been leaning towards a MA retest strategy that has been panning out pretty well these past few months. Here is a setup from a trade last week. I primarily look for candles closing at the 4 hour closes and also around the 1 hour closes around the NY session open. There are three MA's I use. The 20 MA (blue), 50 MA (red) and the 200 MA (gold). Not only does...
The compressed moving averages on the 30 minutes timeframe often indicates a big move. I expect imminent short-term volatility
Using Logarithmic Regressions and the 155 day moving average as a floor... and top cap model for a max, we can see the range that BTC is bounded by. As a supply shock is hitting Bitcoin, I am expecting a break through the $100k mark by year end. #BTC #Bitcoin #100k #LogarithmicRegression
Hello! It seems we have met a new resistance @ 0.365 after a strong bullrun since 1st November. After watching the RSI at 80 overbought area, Price is probably gonna dip again to either 0.29 or around 0.33 (previous ATH) for bulls to come in again and push it further up! If it however crosses the resistance level we might see even further increase, and this coin...
Greetings, In the chart you will see the slogan "history repeats itself" depicted on the price of BTC/USDT. Bulls are taking profits since the second pump of the price of the mother of cryptocurrencies. This is taking the price downwards but that doesn't need to scare us. The second wave is incoming as the bulls are accumulating while the bears are selling. This...
MA5 moving average is a strong indicator on the 1H gold chart. When MA5 crosses a support or resistance line and leaves open gap to the next SUPPORT or RESISTANCE line, it usually hits it. Using a tight stop when MA5 turns allows daily entry and exits.
KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here
BTC staged another attempt to break out and managed to successfully make a daily close above the crucial line ..... so we are expecting the same move for altcoins only 1-5% of balance✅💰
XRPUSDT look super bullish and right now it is taking off for the TPs . if you have entered this trade you can keep an eye on it but if you didnt you can wait for a better moment.
Beware of the 100ma and 200ma that are about to cross. I know that Moving Averages are so called "Lagging Indicator', but see it for yourself. This could turn even more bearish and might confirm the actual bearish bias even more. This does not mean it stays that way for another 2 years, no. This is just what we have to expect after the long bullish trend we had...
SHIB is currently by far one of my favourite coins. I don't have that much, but it's a good amount to be happy. Anyways, let's take a look on the MACD and STOCHRSI. The Daily and Weekly do not have enough valid Data Points to give us any hints where we are and where we are going, but what we have on the 4h is a strong indication that we might head down to the...
Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen. Watch out for a "Fakeout" above resistance...
Every time a death cross happened (200/50MA cross) BTC has entered into a bearish cycle. During JULY 2017 bullrun, BTC was close to complete a deathcross, 50 and 200MA were getting closer, but after the "dip" a strong rejection happened and price recovered. That was BTC hope for nowadays price action once we fell from 64k, but then 30k flash crash happened and...
The analysis I posted yesterday about a likely 200-Day EMA rejection played out nicely. While the pattern played out as predicted, the fundamental backdrop got worse significantly faster than expected. Because of this I decided to leave my stop-loss as is instead of adjust for each price level. With how firm the resistance is holding up and the volume that we're...
Play on rejection of 200-day EMA after bulls fail to break the downtrend with tight stop loss. Entry: 41,000 Stop Loss: 44,000 Target Price #1: 35,000 Target Price #2: 30,000 Target Price #3: 25,000 At each price target move stop loss to 10% over target value. Reasoning: First dip below 200-day EMA of the bull run. Sharp rejection possible. Potential...
ARKK - Daily with Fib extensions, WAE Had to chart an ARK fund today, after CNBC treated her so rudely like they do with any guest they don't agree with. If you are a day trader/active investor do yourself a favor and ditch CNBC. They are NOT on your side. Look at the 3 MA's used, the 8/21EMA and the 200MA, the fund has dropped below all 3. Tread...
$NVDA to pull back to the slow-moving average (purple highlighted area), using it as support, then potentially move higher as shown by the bullish Ichimoku cloud. There is clear disequilibrium between the fast and slow-moving averages (base and conversion lines) and price action has already started moving towards the base line at roughly $569.63 and my analysis...