The EURCAD currency pair has formed a triangle pattern with a divergence on the MACD indicator. This pattern also appears to show triple tops with another divergence. These patterns are located at a strong resistance area, as the price is touching the 200-week moving average and testing the key level of 1.46350. To consider a sell signal, the price must break the...
This is my 2nd publishment, so hopefully this is helpful.
My tops/bottoms indicator had given a bottom signal a few bars ago for ETCUSD on the 30 minute chart indicating a potential increase may be coming. I don't suspect this is inherently the lowest the price may go, or perhaps it could be? I suppose we'll see.
First publishment of my tops/bottoms indicator.
ETH is showing some exhaustion with it's price movement as it climbed to 1350. We may expect to see it trend back down a bit, especially since my indicator provided me a 'top' signal.
A breakout opportunity is forming on LTCUSDT.
The pair is currently consolidating after the recent downtrend that formed several tops and offered multiple selling opportunities. Price movements are increasingly compressed and will eventually break. The same compression is building in the RSI Exhaustion indicator at the bottom.
As of now, the breakout could be...
Using KioseffTrading's Tops/Bottoms indicator and it looks like it is setting up nicely with a 78.57% correct ratio. The data tables there show the % correct, which backs the data tested & provided. Due to bad earnings back in Feb. we saw a huge sell off and a bouncing range of 169-237 with an average of 217.
Projection of Links Wave Movent and its consistent significantl loss of momentum after every wave. Only at the beginning did it throttle through. Is this the next major push?. Possible collapse after $34 yet again. But looks like we may have the cloud in our favor. We'll see.
Hi!
In this analysis, I present the arguments to show what many renowned traders already claim:
Bitcoin is only at the beginning of an uptrend.
Why do we have a strong uptrend?
In the red lines of the Bitcoin graph, we have the historical tops.
Below, I configured the CGO (Center of Gravity Oscillator) with a period of 200 days, using a Fibonnaci retraction...
Log chart for total market cap showing how an extra long cycle could play out. Careful hodling when prices are along the top resistance levels. Unless a breakout and confirmation happens, remember it's nice to trade for some stablecoins when you're in lots of profits. Personally, I think the old "boom and bust" rhythm will begin to mellow out and cycles won't be...
This next few week will be crucial on Determine the
AMD trend!
If the top will reject amd, a big down movement touch trendline.
If amd break the Supressesion resistance, a VERY VERY BIG movement upside.
did i say big? yes.
Be on the entry of leap if AMD can sustain and hold 100~105~110, etc!
Very potential Power-play If amd can pump.
Can also be a Very...
I don't know what Tony Vays exactly meant in his last video when explaining that BTC rarely, if ever, double tops. Does he mean a candle that closes at the top?
In any case we have clear indications that a double top can happen from another perspective. Namely wick related tops. We had it at 20k, and pretty much as 7k. Look for yourself. And look at the...
Amazing potential with this one... easily set up levels (white lines) above with a red cloud to work its way through on the right. What are the common factors in most of my charts? Volume accumulation and one or two support levels (purple lines) beneath showing a bottom has been formed. See that here? Then join me!! Good luck if you play.
chop index and ADX line point to a much higher price from here. trade patiently. $SHIP might be worth a try as well.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Lets see how it would react to this level of resistance of 100 EMA. Also monthly R1 is where it is.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
The Ichi cloud seems to be thinning as well which could mean that the resistance is getting weaker.
Looking for this one to break above the Ichi cloud soon in the next couple of weeks.
OBV is super strong. CMF is still a little weak but is approaching the 0 line.
BB breakout of the Dev2 upper bound with BB Bandwidth creeping up from low. Price is touching...
