It is fairly simple, volume moves (and predicts) price action. The current rally shows the following:
Starting on the 11th, the C.M.F. (green), A.D.X. (yellow), and C.M.F. osc. (peach) showed volume coinciding with the price rally, however yesterday we began to show a decline in overall buying power.
We have hit the daily...
As I said yesterday, bears want to see trading below 6400. Timeframe is closing for bulls to act. Lots of people trading Demark these days, Counts have given a short entry yesterday and a double down today... so, thats bear af...
good luck happy trading!
Hello Guys, Here is another TA for LTCUSD.
This time i used TD Sequential indicator which indicates us as to where to buy and where to sell.
In the above Chart, a series of nine candles where each close higher/lower than its 4th predecessor candle’s close value. we can see the previous trend finished at candle # 9 and it appears that the new trend starts from...
-50 week moving-average is showing support (6600)
-4hr candle higher low in the falling wedge (blue).
-TD sequential is indicating reversal at a daily 9
-RSI in oversold area.
I expect the price to test the top of the wedge at around (7400) if price can break these levels I expect Bitcoin to bounce up further towards the linear uptrend line (yellow) at (7800)...
- Incoming Bullish Tenkan-Kijun cross on the daily... IF we can continue with a bit more of a rally into the next daily open. 10 hours left as of this writing.
- OBV passed the level I needed for a semi bullish confirmation on daily. However we need more volume to continue past $8,550 along with additional confirmation.
- Tom Demark Sequential on the daily showing...
We fall thru support here and this area in yellow is our next stop. Setting buys at 9k and monitoring with a tight stop and hawk eyes. I mentioned yesterday on twitter as the sell off happened that $9,000 was our next stop, lets see if I am correct.
// Tom Demark (T.D) Indicator Tutorial//
Based on the rules here and here.
Counts continue as per Tone Vays version.
I would recommend following him if you like this indicator.
@ToneVays on Twitter and his website.
You can also buy his version of the indicator (random number...
BTC is setting up a wedge between the larger downward bear trend line it has been rejected from multiple times and the upward trend lines for the short term bullish trend, red 9 on TD indicator and oversold RSI is setting us up for imminent short term downside to around 9.8k-10.1k and then entering the wedge creating a squeeze of what will be a huge impulsive move...
Keeping it simple.... BITSTAMP:BTCUSD
I will be filling low leverage long positions over the next few days in this zone in the yellow box above. 9900-10300
Weekly below shows we still have a bit more time before we moon so I will take this position slowly but will be building it quite large...
Stops loss will be set in the...
We can see on the hourlies that the descending triangle is nearing completion if we dont fall out of the trend line, If you look closer in between the waves it has finally completed a full thirteen buy count from its last 9 candle signaling we are nearing the end of the bear and hopefully step into the bullring, HODL just a little longer we are almost through,...
$ubq is another hidden gem. DYOR about this coin, but here are some key points:
- TD8 on daily, normally i wait for TD9 but it bounced above 1 day cloud
- Coin is now harder to mine, they receive 1 less UBQ token per block, this should support a price increase
- 1D Stoch RSI Reset
- Strong Fundamentals
- i bought earlier, but added to my bag today after seeing...
I am building a short term Long position here. This is a risky trade due to the fact I do not believe we are completely out of the woods yet. My take profit target is 9k staggered up to 10k. BITSTAMP:BTCUSD I am setting my stop loss slightly below 6k. I see a possible entry here that out performs the risk ratio.
I am watching the 6 hour Kijun-sen (Base Line) &...
Ripple just started a bullish pattern:
Fibonacci retracement: Response on 0.236 level.
TD Sequential: Buy setup is completed.
RSI: RSI has a support line near 40, and now the price responded and bounced.
it's a long term trade.