Let's imagine that we can place a mirror in time. And if we imagine that we are dealing with a mirror, then we will see a reflection. Similarly, we draw a dividing line between the two vertices on the daily chart. And if we look at the chart to the left of the line and then to the right - we can find analogies. Now, with respect to our "mirror", with a slight...
Here is my thought process on Redd Coin. The coin is available to trade on Bittrex . My opinion on RDD/BTC is bullish as it has volume accumulation and RSI near 30 suggesting the coin has been over sold. The price movement for RDD for the past month has seen dramatic price (30% or more) increases at various time frames and I think it will make another jump...
Stop is going just below the 127,000 sat support level. However, I have a suspicion that 128,625 sats is maybe a tighter level to stop out on as the buyers are getting squeezed atm, but it may be too tight and I have not back checked this specifically. The altcoin market is quite bullish right now so a continued breakout would be expected. However, a stop loss...
Step #1 Wait for the Price to Break and close above the Ichimoku Cloud Ichimoku cloud trading requires for the price to trade above the Cloud because that’s a bullish signal and potentially the beginning of a new up-trend. The cloud is built to highlight support and resistance levels and it’s supposed to highlight several layers deep because support and resistance...
Step #1: Draw the double Pitchfork channel The first thing that we need to pay close attention is how we select our swing points. We only want to choose significant swings on the Zcash chart. Once you locate the four swings, merely use the Pitchfork indicator to draw the double Pitchfork channel. There is a simple reason why we use two Pitchfork channels. Our team...
NFP may not effect this pair too much If price goes up from here Sell Limit @ 1.8165 If price continues to drop Sell Stop @ 1.8025 Take Profit is @ 1.7925 Stop loss @ 1.8231 Or if Macd crosses above Red signal line Also you can exit early at 1.8115
Pair has been in a consolidation pattern above the 50 sma. Buy stop @ 1.2918 if prices pushed for a higher high in the up trending pattern Long Take Profit @ 1.2995 Sell Stop @ 1.2795 if price drops below the 50 sma Sell Take Profit @ 1.2730 I will follow the Macd for a stop loss either direction. If Macd crosses either the Red Signal Line or the Zero level line...
Price in an obvious down trend Anticipating a retracement phase NFP is the end of the week Probability this price action will reverse because: Price would move to a more neutral position before Friday Price stretched far from ma's core center Macd stretched far from zero line Macd over sold Possible Fractal Bullish breakout setup developing at current price action
Step #3: Apply again the Gann Fan Indicator on the Swing low Prior to the Breakout above 2/1Gann Fan Angle How to use the Gann fan indicator? Simply follow the instruction presented in the above sections. At this point, you can also get rid of the previous Gann fan angles drawn from the swing high. This will make sure your chart will not get cluttered and the...
Price has been stretched from ma's awhile Macd about to cross above red signal line rising up to 0 level line Enter with a break-hook-go on 15m chart or buy stop Take profit at the whole number @ 1.2300 SL below swing low
Price has hit multi Day resistance level 15m chart wait for break-hook-go for entry on a 5m chart Take profits shown SL above day resistance
Resistance has been broken during my dream time. Bulls are clearly in control for now. Long position in play Based on a Bullish T-K crossover on the ichimoku. Using trailing stop loss. Keep it tight. (-(-(-(-_-)-)-)-)
STELLAR/DOLLAR 4H DOUBLE BAR LOW HIGHER CLOSE PATTERN (DBLHC) What is Stellar Lumens? Stellar is a platform that it’s trying to do very fast payments with very low fees. The key advantage of Stellar is that it has between 3 and 5 seconds confirmation time and it supports thousands of transactions per second. Stellar Lumens price is below the $1 and trading at only...
Double Bollinger bands BB Deviation 1 BB Deviation 2 Price breaking below top Dev 1 band Bearish bias Sell Stop @ 151.95 Take Profit @ 151.05 SL above breakout candle
Step 1 Wait for the price to touch the Lower Bollinger Band The first element we want to see for our simple trading strategy is that we need to see price moving into oversold territory. Any swing trading strategy that works should have this element incorporated. Note The preferred time frame for this simple swing trading strategy is the 4h time frame, but the...
Step #1: Cardano ADA price needs to trade above the 200-day moving average The first condition that Cardano requires to satisfy is to trade above the 200-day moving average. When price trades above the 200-day moving average we know we have a strong premise for a bullish trend to be put in place. The more time Cardano price spends above the 200-day moving average...
After completing of the correction in the markets, we can observe the inverted figure "Head and shoulders" on the 4-hour chart. Since it has not come to the end, we can locally enter long positions. The MACD and Stochastic indicators confirm the upward movement. So Take Profit will be placed at the level of 1.2360 and the Stop Loss will be set below the level...
Step #1 Wait for Bitcoin Signal indicator to issue an Up-green arrow – Buy signal or Down-red arrow - Sell signal. Our proprietary indicator can issue clean and accurate buy/sell signals that can immediately make you a PRO cryptocurrency trader. This indicator helps you analyze the market on any time frame in a matter of seconds. We have a feature that will allow...