Chikou above price - Bullish Kijun Below price - Bearish The current candle is a spinning top. If the volume stays bullish over the next few hours, and if the price breaks to the upside of the bullish pennant we could potentially see a three white soldiers rally.
Spinning Top candlestick forming on the weekly. xSilas' Godmode and Stoch RSI both throwing up cautionary signs on almost every timeframe. Hanging out at the top of the Bollinger Bands and looking for a reversion. Entry at $125. Stop set at $132 in case this thing defies all. Take profit at $109-$110, but may very well just hit Bollinger's mean and keep climbing...
My USDCHF LONG from 02.26.18 is panning out well as I'm sitting on +90 pips at the time of this writing. Ended last week with a Spinning Top on Friday, March 9, after breaking through the previous supply zone. That zone is now being retested and if if holds will become demand. Price is currently stalling around the 0.947 mark, which was also the HIGH for...
Bitcoin's 1 wk time frame candlestick pattern is telling us that there is an indecision in market. Probably, we may have a sideways type of market then continue it's uptrend after the bulls win. Usually, traders use spinning tops as a sign to close out long positions and they look for opportunities and potential coin for short positions. MACD isn't crossing in...
We ended the last 4 hour candle with a green bullish spinning top doji, which is typically indicative of a bullish reversal...so far the follow up candle has been acting bullish..it will need a little volume swell to really validate the spinning top but being that it occurred after a long downtrend close to where we are already anticipating the bottom of the...
When the candle of today (at time of writing the daily candle closes in 40 minutes) forms a doji or spinning top , it signals that BTCUSD is setting a bottom around USD 14,000 The case for a bottom is strenghtened by the lower shadows, which signals buying power, of the previous days. spinning top: www.investopedia.com
When the candle of today (at time of writing the daily candle closes in 40 minutes) forms a doji or spinning top, it signals that BTCEUR is setting a bottom around EUR 12,000 The case for a bottom is strenghtened by the long lower shadows, which signals buying power, of the previous days. spinning top: www.investopedia.com
Taking a step back and looking at the Weekly ETHBTC Chart, we see that the TDSequential Indicator signaled a Buy Trade (Red 9) on the week of December 5th, 2016 around the level of .01 BTC. This level held steady until the breakout in February 2017. When the market finally reached exhaustion, we were signalled a Sell Trade (Green 9) on the week of June 19th. ...
On April 24, 2017, four major ETFs based off major indices made suspicious movements. DIA and SPY achieved a doji symbol while IWM and QQQ achieved a spinning top. All of these symbolize indecision on the part of bear and bull traders. By the end of the day, there was little to no change between the Open and Close prices of the aforementioned ETFs.One of these...
Looking for confirmation on a double top on monday next week. - Earnings on Thursday (4/27) next week
(Note: I'm a beginner at technical analysis. Comments welcome.) This chart is Bitcoin priced in gold via USD. Circled high volume spinning top followed by long red candle. Means there was a lot of trading happening around 0.8281 therefore resistance now stronger. Current green candle looking normal on volume, somewhat long top wick, and balanced "indecisive" --...
May Soybeans rose out of a tweezer candlestick reversal today. May see another up day tomorrow. Seeing that beans are pressured by Brazil harvest, we consider this a retracement and fall into bullish Butterfly. Suggest 50% or 61.8% next target. However, open interest is still rising and we are still in an uptrend. If market continues up, possible double top.
Strong bearish candle, with little lower shadow. Spinning tops before, means indecision. I will sell if monday closes further down.
Other warn today with this spinning top and this shooting star not yet complete on the green rectangle. I think the bull force run out of steam. Soon we will see the price fall.
The 2 circles showing are the main lower lows of this bearish trend, you can see the reversal has happened as the pair had seemed overbought. I do believe that the trend will retrace in order to breakdown to a more lower point of the chart. You can see the downtrend has broken the higher lows of the bull market. I believe the next lower low will break beyond the...
Market Conditions: Downtrending market. Long bearish move without any real pullbacks before now. Double top + daily spinning top at 61.8 retracement. Stops and Targets Stops at 44.99 above the 78.6 retracement. Target at 37.45 - just shy of the 1.27 extension. Let's see how this plays out - this is my first "public" idea here at Tradingview and yes, I...
Silver seems to drop lower for a correction. SL at 21.000 TP at around 18:00. wait to see how the market closes tomorrow. Or get in when the price drops below the spinning top on the daily.
Price @ .5 fib level of down AB Swing Testing 3 strong resistance around 1.4626/ also resistance level of the Ascending Triangle Price tried to break up the down trend line twice, but retrace back below Testing last bearish engulfing CFL and Spinning Top 5 Days ago there was a Bearish Shooting Star