One of my favorite signals which is now a classic is based on MA200.
I discovered this one years ago and it produces great results, a very high level of accuracy.
When MA200 points down, the trading pair tends to go up.
MA200 works as a magnet pulling prices towards this average.
MA200 is the back line on this chart.
Notice how it curved down recently... As...
2780 needs to hold
gets pushed down from there then death cross and we could goto 1476
flip 2984 and continue to 4848
2 months of downtrend if it has to bounce now is the $#%#$ time .
48% downside
60% upside choose your direction :)
- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern.
- If we take a look at the volume indicator - there is a massive volume spike, which is positive.
- The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest!
- You can buy a breakout above...
When it comes to the BTC pair, STORJBTC, we can see the chart technicals going bullish...
Feel free to hit LIKE and let's look at those.
Our classic signals go as follows:
The RSI is now bullish/strong above 50.
The MACD is bullish above 0, with green histogram.
STORJBTC has gone above EMA10, EMA21 and EMA50.
Really high volume to break above EMA50.
...
STORJ has now recovered with bullish candles from a downtrend after a bullish divergence appearing on 12hr and 4hr timeframes.
Storj is currently holding on to EMA50 and aiming to take EMA200.
Ichi span has exited out of a downtrend channel but still aiming downwards meaning it's too soon to enter this trade.
The recent buy-volume has secured Storj a double...
- STORJ - Rank #128 - Token.
- On the weekly scale we can spot a beautiful ascending triangle, bullish pattern.
- Also the price recently broke out of the falling wedge with a successful retest.
- We can target a previous all time high as a profit target.
Here is one of those that peaked early...
STORJBTC peaked in March 2021 and has been consolidating for 5 months now... Quite the long while.
We are within a higher low when you look back at Jan. 2021, the low hit there.
The next low was hit June 2021, 6 months later.
The signal to look for in this chart are the Moving Average lines (MAs or EMAs).
We have...
COINBASE
