Bollinger bands very squeezed inside the Keltner Channel, waiting for a break in one direction or the other! Needs some volume and a little more time but watch for whether resistance breaks.
Squeeze is on for VIBE! The Bollinger Bands are within the Keltner channel, signaling that volatility is low. Price is touching the 4 hour ichi cloud repeatedly, and the MACD just crossed upwards. RSI is in an untrend but far from overbought. This is looking lovely as soon as it pops itself into the Ichi Cloud, at which point within 2-3 days we should see the top...
Quantstamp provides the most valuable solution to block chain technology with smart contract auditing. As it approaches the bottom of the Keltner channel, it will most likely bounce HARD as volume is still coming in and QSP is gaining traction. Good buying opportunity right about here. This coin, in my opinion, can easy return 100x in 2018. I think even $15 is...
On the low time-frame 15 min chart, #BTC #bitcoin is holding within a small price range. The volume is also decelerating fast; the 20 SMA is higher than the Keltner channel on volume.
After a great 24 hours, holders are staying put and not selling the farm.
Consolidation will eventually produce a large swing in direction, so where we are right now will become...
Hi.
I started out drawing an EMA. I added a second one and then I created a strategy that buys and sells when the EMA's are crossing.
Trying out this strategy on many markets showed me around a 30% profit, I think I should be able to do better then that. Can I?
A lot of the trades were being made during times where the marked wasn't moving around a lot (but the...
Its 3-rd time now since last week wednesday price is testing daily support @ 291 area. I'm with one buy in this place and about to close it after breaking 290. Yesterday was a good day for bears. Technicals: ADX is flattening close to 25 (H4, Daily), PA under lower Keltner channel with bearish momentum. Bears need to break 290 and 280 (50%) is target. Good luck.
After breaking 38% yesterday due to fundamental NK-US event GOLD moved to 313 area with touching 2017-08-30 high. Due to the fact that fundamental movements have higher possibilities to back (down) price to the place it was before event I didn't opened 3rd buy as planned. If POG break 308 (EMA 200 H1) it can move lower to 304 (299 ext - 38%). I'm still with two...
Two Forces Competing
Long: Triangle forming on P.A, Fibonacci Retracement support, RR toward Reward if support is sustained, MACD shows an uptrend.
Short: Two Resistance (Triangle and Support green Line from past days), P.A trending down, Keltner Channel on the middle in a trending down environment.
Thinking of Entering Long if: it breaks the resistance at the...
The massive size of this descending triangle leads to a very tempting trade with a Risk/Reward ratio of 6. Placing long positions once next resistance zone breaks.
However, beyond Technical Analysis, the rally leading to the $412 high was funded on several successful ICOs taking place in short time, and a Bullish Market.
An order over $260 is safe anyways,...
As observed in my previous post, ETCUSD pair did not gain momentum for a reversal, only decelerated (IMO) by the upcoming ether trading introduction in China.
MA20 just crossed under MA50. RSI and Stochastic (not shown) are heading south with still plenty of room to decline,
However, price excursioned Keltner Channel bottom line, and has maintained there for...
REPUSD pair is on a downtrend along with ETHUSD, but with conditions in favor of range trading.
Right now, RSI and Stochastic overbought and ADX in range trading zone.
Bottom Bollinger Band (not shown) touching price, and bottom Keltner Channel (not shown) 4$ above price.
Stop under major resistance for a Risk/Reward of 1.75
Gold rallied hard today, gaining almost 20 points on the day. On the way to the new monthly high for April, Gold shot past last Friday's high and didn't pause as it continued it's ascent to the outer Bollinger Band, which is set at 2 Std Dev from the midline. Monday's red Heikin-Ashi candle is now well in the rear-view mirror as well. And all along, the haDelta...
- Fundamentally based from the Swedish Terror attack over the weekend.
- Technically, it has been riding the keltner channel for the past few days and its trading between the 50.00% and 61.85 Fib lines.
- Estimated Profit Point: @ 11.2418
- Stop Loss @ 11.07
Blood will be spilled as the charts are painted crimson over the coming days. This is following on from the original ETH doom idea which I posted at the end of March. Support will be found on the bottom of the weekly Keltner channel ($18-20) and this is where I will be buying back/longing.
This is my first analysis, it's probably stupid. I just wanted to figure out the timing for re-entry on the market since like many of you I sold most of my coins in the 900EUR zone.
My conclusion is that I should wait till the end of January to re-enter in the 700-750EUR zone if it goes back to the long term trend that started in September 2016!
Feel free to...
NOTE: this analysis is for the CLH7 (March) oil contract. Also, the path is hypothetical, targets/support/resistance are what matters. I believe that the 12/2 buying climax will hold as resistance.
1. Prices have been rejected at the daily BB midline
and are below the daily 9 MA
2. TL of last two daily swing lows and the last daily
selling climax...
Hello traders,
Considering a correction in stock market after Xmas rally, seems interesting a short in EURCHF while holds below 1.075 and below Keltner channel
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4....
