Bitcoin - Looking at the one-week timeframe this is what we are seeing at the moment. Back on June 17th when we hit the 200MA and unlike many years before, Bitcoin went well below the white line, nearly 4 weekly candles later we are still under and looking very weak. This weakness and the inability to cross above the white line greatly tips the odds in favor of...
2 weeks ago we discussed why the HSI:HSI rebound rally would be slowed by profit takers (). The choppiness in the index we saw for the past 2 weeks was also due to the discrepancy between the China and US equity market. While the SSE Composite SSE:000001 still held above 3300 level, the US equity indexes all broke through the 2022-May low due to the increasing...
Hi friends, I hope y'all had an awesome weekend and ready to tackle this week strong ;) Today, we looking at a possible bearish trend here on the daily. This trend signal is derived from the monthly where the price is in the bullish half a bats L2 formation that will bounce off or retest the 8 m.a before continuing the patterns trend to its 3rd level. So we are...
I was going thru the charts and found this pattern forming, Is this what I think is Wyckoff pattern forming, I am not very good at trading but does this mean the price will go down once 20 EMA Crosses 50 and 100 EMA?
I will be paying a very close attention to the 200WMA, as I Know in the past years it has acted as strong support. Imo I feel like on the smaller time frame we could go lower but on the weekly time close back above 200WMA. I still believe we won't see a bull market until next year.
We show a reversal of the trend when the yellow moving average cross with that one. We have a daily trend line. In case of failure, we expect the price to rise in this currency.
Welcome too all of you guys.. Please support this idea with LIKE if you find it useful. ********************************************************** overall,the price is moving down since 7 weeks and we can see bearish channal on 1d time frame clearly. It may be possible now to see the price moving up in this coming days...and make some correction so there...
The EUR/USD has been in a controlled downward channel for the last 3 months. Showing strong respect for the 50-day moving average. price has rallied to the top of our trends resistance for the first time since April first, will this strength continue by the Euro? or will we see another rejection of the resistance level and continued respect towards the 50-day...
NIO Cars Have Four Wheels & A Double Bottom? I am confident that NIO vehicles have four wheels and a double bottom pattern on the daily chart. Expected move-From the neckline to the peak of the pattern is approximately 10 bars or 10.99 ticks. What confluences further influenced my position on NIO? -9 MA approaching the 21 MA for a crossover -Broke above...
The pair has recently crossed below both the 50 day & 7 day Simple moving average (SMA). this double cross-over may point to strong sell opportunities off of the failure to break back up above our diagonal support line, which had formed a strong support zone for the last month. our 1st entry position can arise with failure to break back above our trend and...
The pair has bounced off major support at 200-DMA after the British pound was sold off as UK inflation missed forecasts. Retrace above 200H MA at 0.8522 could change near-term bias. Breach below 200-DMA will see test of cloud support.
One of the most important moving averages in crypto is the 100 WMA. Try it for yourself and see that it acts as a fantastic moving average for support and resistance, as well as buy and sell signals. Yesterday we broke this pivotal MA, and history shows that usually spells bad news. I’d stay on the sidelines for now until we can get a better picture of where local...
Bitcoin Cycle Accumulation Zones -150W & 200W SMA KEY CHART ITEM LEGEND * TEAL LINE (LIGHT BLUE) - 200D SMA * AQUA LINE (DARK GREEN) - 600D SMA * GREY LINE - 150W SMA * NAVY (DARK BLUE) LINE - 200W SMA * Navy Box - Re accumulation Zone Time Frames Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels...
So far support holding well. At this green Gann again, which has been resistance in the past, could this be more back testing to then make it's way to 36,000 ?! Maybe only go back to 100,fib, then back down. Resistance can easily become support. Now looks good for support, if the Gann can turn to support, i will go long. So far Higher high and Higher low's....
AMEX:SPY In this video I go over very general market conditions and express my bear case on the SPY using some simple indicators. This is not financial advise and was created for entertainment and educational purposes only. Do not use this video and its contents as a recommendation to buy or sell any type of security, the opinions expressed are of my own and...
NVDA SHORT 21/04/22 07:00 GMT 14 year old English trader trading on demo accounts currently gaining experience in the markets. NASDAQ:NVDA should drop to around the 200-205 price mark because of many factors such as inflation, monetary policy tightening, and current market sentiment. NVDA has been deeply affected by the current market sentiment dropping...
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Zil broke below the major level. If it crosses 200MA in 4hr time frame then further downfall is expected. Keep in mind, there is supporting zone from 0.10430 to 0.09715 and resistance zone is from 0.10739 to 0.11330.