BTCUSD -> 16500
XLMUSD -> 0.14
XRPUSD -> 0.5
Selling volume is steadily increasing for all three of the mentioned cryptos.
Squeeze Zone is firing short for all three.
Price momentum is short.
Trend is short.
I just dumped my crypto holdings in anticipation of a 15 - 20% fall.
Of course, if this situation does not come true, then ah well ... taking profit early...
My volatility indicator "Squeeze Zone" just plotted a double weak zone on the 4H chart for BTCUSD.
The last time this happened, BTC dumped over 20%.
Seeing a massive rise in XRPUSD (over 40% as of 11/23) to me is a foreboding sign that people are taking BTC profits and diversifying into alt coins.
The short positions I’ve taken on Gold have come solely from my 3 latest indicators:
along with fundamental knowledge of using a momentum strategy.
All three are free to use and MESA is open source for aspiring Pinescripters out there.
The two trades on this idea were taken because 4/4 conditions were met:
SHORT from 111.392 -> 110.380.
Why these levels?
The entry-level is from the VWMA cloud, adaptive RSI, and the Anchored VWAP 3rd upper level.
The exit-level is from the Anchored VWAP 2nd upper level.
Stop-loss at 111.640 (24.8 pips)
Amount of account at risk: 1%
>Bio of InflaRX<
2008 - Dutch pharma company founded in Germany
2017 - IPO on NASDAQ with gross proceeds of +$100M
2018 - Second round of funding with +$100M
2019 - Balance sheet shows working capital > $150M
Seems like this company has recently hit a rough patch as far as their scientific studies go, but the financials look rock solid.
EURUSD has been consolidating the past few days. I believe it will continue to push upward for 3 reasons:
1. Support has been found at the ~1.13500 level on the 4H and Daily time frames.
2. iTrend has given reliable bullish signals since mid-February.
3. Trading View's built-in sentiment analysis is heavily bullish on the 4H and lower. This affects trader...
This is my strategy based off the Hull Moving Average, created by Alan Hull.
The HMA is extremely fast and accurate in determining price reversals - I exploit this quality and add the ability to select a granular TimeFrame to use for the...