Oscillators are popular and widely used because they are leading indicators that can signal a possible trend change that is yet to start. This type of indicator oscillates between two limits, above and below a midpoint and its value helps to gauge the strength and momentum of a trend. Oscillators also typically signal if a market is overbought or oversold (meaning price is unjustifiably high or unjustifiably low), which could point to a reversal of the trend. This could be used to determine when to close open positions.
Oscillators work best in ranging markets because in trending markets they can show overbought or oversold conditions too soon. Common things to look for are a midpoint cross, approaching maximum or minimum value and regular or hidden divergence. Oscillators are usually plotted with a line or histogram. There are many oscillators such as the Relative Strength Index, the Stochastic Oscillator, the True Strength Index and the Ultimate Oscillator.
Calling timeout on the road to new highs. Main trend is still in place, but slowed momentum and calendar indicate need for a pause.
Regarding the calendar, heavy schedule of Fed issuance and maturities are at hand beginning Monday 7/23/18. How it all nets out to balance flow(s) and QT objectives will be interesting to watch. We'll know more when it is over ...
Careful here longs I would wait for a confirmation of that resistance break. I exited all my positions yesterday but i'm pretty cautious most of the time. Saying that this is for swing traders, scalpers might be a few bucks here and especially shorties on the rejection :)
IMO as always
@cryptomarc
Ibex35 has been able to sustain its position around the support area and should be really for an upside Rally in the coming days/weeks all the way to the top from where it all started. Yes, It will take at least a month for this trade to complete so be patient with it.
Hi all,
TRX has been in a downward channel for some time now, with low buying power (as indicated by the green Aroon Up line). Let's take a look.
Levels to watch, indicated with orange circles:
- RSI: might form bullish divergence if it bounces off of the green line, while also breaking through 30 (thus, moving from oversold to neutral = bulls getting more ...
Here I was, wondering if I should hunt for RSI divergences since they FRIGGIN HAVE 100% SUCCESS RATES HOW IS EVERYONE NOT A BILLIONAIRE YET? and the very first stock I look at has it.
Going to short it to the ground!
Let's see if this goes well :)
This could go very very fast, best not miss the open ;)
https://www.tradingview.com/x/i3vNoy7W/
Crypto Market is back on track . As per my trend line expect to got to 9400 levels in the next 1 to 1.5 months . I have used demark analysis and they never fail - check my previous ideas !! I dont confuse people rather give a very precise calculation of targets .
There was upon a time when D4rkEnergY was Top Trader. He was number 1 every where - on THE DAILY, WEEKLY and MONTHLY list - he stole MagicPoopCannon's first place after only making public charts for 2 months! Was it a surprise? Of course not - D4rkEnergY is the stuff in the Universe that makes space expand and even accelerate - The dark unknown force is ...
The issue that has already attracted my opinion is the decline in market volume. On the other hand, in rsi, the inability to break the resistances 1 and 2 above is observed.
Please put the limit on 7170.
Of course, Bitcoin may try again after some time
https://www.tradingview.com/x/UHSVsBrB/
You can see some fibonacci levels on the chart and we will start to buy from this levels and sell eventually at a higher level!
Which buy level?
0.000163
0.000143
you can choose one of the targets or use Kapital management to invest wisely.
The Rsi looks not a perfect moment to buy but rather to sell you coins. its not really on the top thats why we can buy at ...
Could be an impending breakout...could also be a fakeout...watch for bullish volume to confirm. Probability favors a breakout with btc being so bullish lately, however there's not much room to climb up on the 4hr stochrsi...so it could still go either way.
A quick study composed to illustrate the multiple levels of divergence Ethereum has had since November of last year.
Based on this study, short term trend changes typically took place at the second level of divergence on the Relative Momentum Range Indicator. The only other acceptation for this, was the reversal from the top this last January. At that time, was ...
Dear friends,
Looking at the larger picture it's currently making me more cautious about BTC right now.
Let's have a look at the Daily chart:
- RSI at 0.618 resistance
- Bearish divergence
- Price at multiple resistance and exhausted on shorter 4h TF
My short target is $6,800 for now.
All the Best from the Crypto Space
Alteroc
Not a Financial ...
