2 variations of a Linear Regression Slope using the trend directions as a momentum histogram
Top combines @CryptoGainz1's Smoother Candles for further trend detection
Light Blue = Strengthening trend/momentum
Dark Blue = Bullish trend/momentum
Light Orange = Weakening trend/momentum
Dark Orange = Bearish trend/momentum
Welcome to SigSat1.1's competition
Blue and White candles occur when trend is up, or bullish.
Blue candles indicate a strong bull trend, strong buy/risk on (heikin ashi ruling), and white candles indicate a weakening of the bull trend, risk off.
Red and Light orange candles occur when trend is down, or bearish.
Red candles indicate a strong sell, light orange...
Welcome to my work in progress, heh.
Blue and Light blue candles occur when the trend is up, or bullish.
Blue candles indicate a strong bull trend, light blue candles indicate a weaking of bull trend which can trigger a buy tag/entrypoint (scaling in works best)
Pink and Light pink candles occur when the trend is down, or bearish.
The opposite actions of the...
The TD Sequential is currently printing yellow 2D candles which typically can lead to some solid bounces across the board for alts
However it seems we have a bit more to go down before any real #altseason. A print of blue 2D candles is my bullish signal to really hunker down into alts
Entry: 0.001350 $Btc
Stop: 0.001274 $Btc
On Balance Volume has been trending upwards since September as price action continues to trade in a tighter accumulation range
"Volume preceeds price..."
Note Zcash is beginning to move as well
To everyone calling #altseason, yes imo alts look bullish short term, however I don't see this rally lasting long.
This market structure looks exactly like end of Oct/early Nov. (pre 6k dump) & w/ $BTC still only at 52% dominance I see some more sweeping to be done on alts.
No entries or exits as this is just overall market cap.
The goal is to identify a coin in the top 25 MC that has the possibility do 50% w/out leverage over the next 50 days...my entry is ZEC/USD.
Entry $49.00-$53.00 (Risk ~7.55%)
Stop loss: under $49.00/break of a new low
Target of 50%: $80.00