A trend following system uses a moving average as the main tool to generate trading signals for a system trader; the moving average is like the holy grail of technical analysis, together with the RSI.
The moving average that is active on this Solana chart is ema100; blue line on the chart.
Notice how Solana (SOLUSD) becomes bullish September 2023 as soon as it...
🔥 A lot of traders still wait for 12k per Bitcoin, but me and my partners, Members of Community and AM clients bought BTC at $17k and now we are in huge profit.
What we used for it and why it's so easy to use this aproach even for a NEWBIE? Watch the video to the end and I will reveal this SECRET ❗️
🎁 Check my trading ideas for the altcoins that are still at...
The Australian dollar has posted gains on Tuesday. AUD/USD is up 0.19%, trading at 0.6620 in the North American session at the time of writing.
Australia’s wage growth for the first quarter is expected to remain unchanged. Wages rose 4.2% in the fourth quarter of 2023, the highest since 2009, with most categories showing increases. On a quarterly basis, wage...
Rational for bullish sentiment:
After a full week of sideway consolidation price broke the high and had a bullish run; this makes the most recent trend bullish for which we had a 61.8 candle body retracement.
We broke out of a small consolidation box and retested
May 14th, 2024
Entered at 2350 w/ 190 pip SL accounting for Gold large range
I will take partials...
BTC
There are many possibilities of what can happen next with Bitcoin.
And plenty of detail in the weekend video btw.
Here's another one.
Demand lines are dangerous in potential bearish phases.
And we've seen this one before:
Back in August it drifted sideways to the Demand lines and had a big collapse through them.
Perhaps will will see something similar...
🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short...
👉🏻EUR/USD has continued the bounce from 1.0725 that started last Thursday, and the pair is now re-testing the 200-day moving average.
👉🏻EUR/USD had previously tested the 200-dma as resistance on NFP Friday, which led to a pullback. But bulls held a higher-low at prior resistance of 1.0725 and that’s allowed for another re-test of the moving average.
👉🏻The big...
5/14/24 - vrockstar - NASDAQ:NXT - industrial solar w/ unique IP/ solution and the best industry growth likely has the fewest overhangs as well as bagholders involved. while anyone can see rates picture limits investments industry-wide, these guys should continue to grow through the '24 trough (not the case for... any other solar i can find, esp the consumer...
Told before that the HTF lows were already in on NASDAQ:TSLA and we weren't visiting the $100 low again, now that we also put in a new HTF low if we have NASDAQ:TSLA going to $300 from here, NASDAQ:TSLL would easily hit $20.They recently switched NASDAQ:TSLL to a 2x long etf and it also pays %8 yearly dividends, so it's a good buy for me.
Follow the trajectory.
Will be a money-maker!
This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights.
(There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days.
This is not financial advice I have 0 idea what rune does
OSMO is making new lows...
this may be good... for who likes to DCA into a falling knife (joking)
or may be pretty bad (investors lost confidence)
As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another).
Targets are versus BTC pair.
This may the bottom. We shall see !
