Get started

Stochastic Oscillator

IKVUSDT Price Action| Trend| Falling Wedge| Support Evening Traders, Today’s analysis – ILVUSDT- trading in a clear falling wedge pattern where a break bullish is probable, Points to consider, - Price Action Corrective - Local S/R Zone Support - Local S/R Resistance - Low Volume ILVUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the support zone, allowing for a bullish bias. The Local Resistance is the main objective, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, IULVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
Long
by The_Alchemist_Trader_
SOLUSDT Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – SOLUSDT – trading at a technical trade location where a bounce is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - VWAP S/R Support - Low Volume - Daily S/R objective SOLUSDT’s immediate price action is trading at a key trade location that is in technical confluence with the .618 Fibonacci and the VWAP S/R, allowing for a long bias. The current volume profile is below average, an influx is highly imminent on an expansion. The current objective is the Daily S/R, exceeding this level leads to a trend continuation. Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Only The Game , Can Teach You The Game” – Jesse Livermore
Long
by The_Alchemist_Trader_
ADA Exchange Trading 21-12-12I am using the Daily chart because the Hourly does not give a good picture. Price is currently back in the Daily 78.6% zone. It is falling again so the entry may be found on the lower time frames. Look at the M30 or M15 for a good entry. Price went past the 88.6% level and then came back into the zone, went pretty high up into the zone but did not make a new Higher High (HH) we only have Lower Highs (LH). I am still waiting for that entry around $1.00 where the Drop-Base-Rally is to the left. Unless price does not create a new Lower Low around 1.15 or 1.10 and then comes out of the 78.6% zone. Then I would take an entry around 1.50 as price came out of the zone with a strong engulfing candle. Additionally, the stoch looks overbought so price should continue to fall until we see an oversold condition.
COINBASE:ADAUSDShort
by stikytrading
GBPJPY Bullish Possibility GBPJPY bearish movement seems unable to penetrate the strong support. GBPJPY made a base around strong support which indicates the price had big chance turning into a bullish move. A bullish negative divergence is also seen on the Stochastic Indicator. I predict the price will reach the area of ​​151,570 - 152,217. Because there is a small resistance and the golden ratio of the Fibonacci clusters gathered together in the area of ​​the price range.
Long
by ivanderyoshua
BTCUSDT Local S/R Zone| Price Action| .618 Fibonacci| Trend Evening Traders, Today’s analysis – BTCUSDT – trading at a local area of confluence where a rotation to the highs is probable, Points to consider, - Price Action Corrective - Bullish OB Support - .618 Fibonacci Confluence - Swing High Objective - Trend BTCUSD’s immediate price action is corrective and is trading at a technical location that has confluence with the .618 Fibonacci and Bullish OB, allowing for a bullish bias. The swing high is the immediate objective, exceeding this level is likely to lead to a trend continuation. the current The immediate objective is the swing high, exceeding this level is likely to lead to a trend continuation. Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong
BITSTAMP:BTCUSDLong
by The_Alchemist_Trader_
GALAUSDT Daily Range| Price Action| Trend| Volume Evening Traders, Today’s analysis – GALAUSDT – trading in a high timeframe range where a rotation to the range mid is probable, Points to consider, - Price Action Impulsive - Bullish OB Support (Range –Mid Confluence) - Daily S/R Objective - Low Volume GALAUSDT immediate price action is impulsive where a correction to the range-mid will allow for a long entry. The Bullish OB Support is in confluence with the Range-Mid S/R, a retest of this level is like to be respected. The current volume profile is below average, an influx is highly imminent when testing a key trade location. The overall objective is the Daily S/R, exceeding that level will lead to a trend continuation. Overall, in my opinion, GALA is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.” ― Yvan Byeajee
Long
by The_Alchemist_Trader_
1
Friday BTC Report. Dropped a lot and more to comePrice is in a freefall right now. There are a few places it should stop. The first place is a previous retracement Seller’s Last Stand Zone (SLS or 78.6-88.6% Retracement Level) between 51,384 and 50,215. Price broke through this as I was typing this up. It is holding but price took a fast train down over $3,000 in the last 15 minutes. It has now moved down to exactly 48k and seems to be coming back up but I just watched BTC drop 6k in about 6 min. First, let’s look at Impulsive Move 1 and Retracement Move 2. We will also look at the SLS zone created by Retracement Move 1. If you look at the chart, the retracement from Impulsive Move 1 (I am calling this Retracement Move 2) came down almost all the way down to the Seller’s Last Stand Zone between 39,313 and 38,239. Price wicked down to 39,600 which for Bitcoin is the same as hitting the target. You will also notice that it was inside the 50-61.8% zone (Buyer’s Zone). In this retracement, price did not go very far into the 50% zone and it did a prefect second touch and then shot up strongly from that second touch. It was also a shorter retracement in terms of time. This was only 22 days. Second, let’s look at Impulsive Move 2 and Retracement Move 3. We will also look at the SLS zone created by Retracement Move 2. Looking at the chart, the retracement from Impulsive Move 2 (I am calling this Retracement Move 3 and is the current move) Price has completely pushed past the Seller’s Last Stand Zone from Retracement Move 2 between 51,384 and 50,215. Price has also broken well below the current 50% zone and is heading quickly toward the Buyer’s Last Stand Zone between 46,707 and 44,053. Price has almost broken down out of the channel but seems to be respecting it currently. I doubt this will hold. Price is really reaching right now. Both the H1 and H4 LASS support price dropping further. I do believe we will see close to if not just below 40k BTC this weekend. Maybe even tonight. I may not get any sleep tonight lol.
COINBASE:BTCUSDShort
by stikytrading
CHZUSDT Price Action| Swing Low| Trend| Volume Evening Traders, Today’s analysis – CHZXUSDT – trading above its current support level where a deviation to the highs is probable, Points to consider, - Price Action Impulsive - Local S/R Support - Range High Resistance - Low Volume CHZUSDT’s immediate price action is impulsive, holding a key level as support, allowing for a bullish bias. The Range High is the immediate resistance, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion,CHZUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember. “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
Long
by The_Alchemist_Trader_
2
Wednesday BTC Report. Consolidation slight rise.BTC is consolidating. More than likely, it is the news of COVID that is suppressing it. There isn't any news I can find that is negative toward BTC. The DXY is coming down but it is not having the effect on Bitcoin. BTC Dominance is still sideways too. The Daily and H4 LASS are both in the middle of the range with no momentum. All this contributes to the sideways action over the last 4 days. Price has been staying above 57k and the 8MA. The stoch is pointing up but that hasn't made any difference lately. Hopefully price will finally move up but there may be even more consolidation in store.
COINBASE:BTCUSD
by stikytrading
1
CRVUSDT Range High| Range Low| Price Action| Trend Evening Traders, Today’s analysis – CRVUSDT- trading bac within its range where a deviation to the lows is probable, Points to consider, - Price Action Impulsive - Range High Resistance - Range Low Support - Low Volume - RSI Neutral CRVUSDT’s immediate price action is impulsive and is trading near its range high where a rejection is probable, allowing for a bearish bias. The immediate support is the Range Low, exceeding this level will increase the probability of a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, CRVUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
Short
by The_Alchemist_Trader_
2
Monday BTC Report 21-11-29Price is currently playing between the 50EMA and the 8EMA. We didn't get a higher high before the retracement and you can see in the descending channel that price still did not break out of it. News events are affecting the run at this point. FUD brought on by misinformation from misguided news outlets worldwide. The DXY is falling predictably as well but the issue for BTC I think is Dominance. It has been consistently falling and is now around 42% which is very low. ETH Dominance on the other hand has been steadily increasing and is higher now than it has been since March of 2018. I do believe that much of the investment in crypto from the retail side is in the ALT coins. That's where the hype is and that's where retail investors usually put their money. In hype created by the institutions.
COINBASE:BTCUSD
by stikytrading
SHIBUSDT Falling Channel| VWAP S/R| Price Action| Trend Evening Traders, Today’s analysis – SHIBUSDT- trading in a clear descending channel where a breakout continuation is probable, Points to consider, - Price Action Impulsive - .618 Fibonacci Support VWAP Confluence - Swing High Objective - Low Volume SHIBUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and the VWAO S/R, allowing for a bullish bias. The Swing High is the immediate objective, exceeding this level leads to a trend continuation. The current volume profile is below average, an influx is highly imminent when an expansion occurs. Overall, in my opinion, SHIBUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “You’re going to learn a million things, then you need to forget them all and focus on one.” – SunriseTrader
Long
by The_Alchemist_Trader_
1
LTCUSDT PA Channel| POC| .618 Fibonacci| Low Volume Evening Traders, Today’s analysis – LTCUSDT – trading at an area of confluence wither a rotation to the highs is probable, Points to consider, - Price Action Impulsive - POC S/R Support (.618 Fibonacci & VWAP Support) - Low Volume - Uptrend LTCUSDT’s immediate price action is impulsive and is trading at a trade location that has technical confluence with the VWAP S/R and the .618 Fibonacci, allowing for a bullish bias. The current volume profile is below average, an influx is needed for a trend continuation. The current trend is bullish in a PA Channel, maintain the current support will keep the market structure intact. Overall, in my opinion, LTCUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work, And remember, “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
Long
by The_Alchemist_Trader_
3
Sunday BTC Report. Small retracement then continuation up.BTC is no longer on sale lol. No Cyber Monday apparently. Saturday was a really strong move out of the 50% zone and has support from the Stoch and LASS. DXY is coming up a little today. And BTC Dominance is finally near a new high around 43%. I expect a small retracement around the 50EMA before price continues in the uptrend. I also made a few changes. I am using the Line Chart now since Lee was talking about how the institutions look at charts. Since BTC now has a lot of institutional money I would rather look at it their way. Also, I am putting the values in the chart because it was brought to my attention that the numbers on the charts weren't legible. Happy Trading! So it looks like the Buyer's zone worked after all. That little retest was all it took and price jumped by around 4,500 so far over the last few hours. If you look at the structure, the candle coming out of the zone that ended Saturday was the entry. Price did come back in and retest but only with a wick. Not with any strength. It's amazing that if you look left to the red circle, there is a serious bit of structure that held. That Rally - Base - Drop - Base - Rally is exactly where price did it's Drop - Base - Rally into and out of the 50% zone.
COINBASE:BTCUSDLong
by stikytrading
1