Currently 2 scenarios in play. Expecting a major move in the coming day or two. Favoring bearish side. No matter what you think you know in trading, the market is going to move whichever way holds the majority of the imbalance.
1. 80% of the time, price reaches the Median line 2. When price reaches the median line, it can either reverse to the upper or lower median line, or cut through the median line 3. Failure to break reach the upper or lower median lines, after the median line is cut through indicates a reversal back to the median line 4. When price reverses before reaching...
Dear all, this is my bearish idea for BTC. Despite the fact that bulls were able to demonstrate some strength by pushing the price towards 6.8K from 5.7K levels - I believe this was a relatively weak bounce and the trend will generally remain bearish until a positive catalyst comes up. According to monthly MACD , 8, 13, 21, 55 EMAs on the weekly chart, bearish...
Due to dynamic scaling, FIB spirals may not seem accurate. Please adjust the price scale simply by dragging it up or down so that spiral 1 crosses wick A and spiral 2 crosses wick B. Fibonacci spirals provide the optimal link between price and time analysis and are the answer to a long search for a solution to forecasting both time and price. Each point on a...
Trading with fractals is extensively used by the large market players and it is the best indicator of the fractals’ reliability. The combinations of fractals have such characteristics as self-similarity, scaling and memory of the «entry conditions», and, therefore, they can be used successfully for making price forecasts. I don't think this will play out in the...
Script Uses - Ichimoku Cloud - John E. Zero Lag EMA - Hilbert Sine Wave Support/Resistance - Linear Regression Divergence ---- ROC ---- RSI ---- ZLMACD Features - No Repaint - No Lookahead - Date Selectors - Backtesting Version - Alerts Version Contact for Access
Script Uses - Ichimoku Cloud - John E. Zero Lag EMA - Hilbert Sine Wave Support/Resistance - Linear Regression Divergence ---- ROC ---- RSI ---- ZLMACD Features - No Repaint - No Lookahead - Date Selectors - Backtesting Version - Alerts Version Contact for Access
This is what it looks like to me. Lets see how it goes!
Script Uses - Ichimoku Cloud - John E. Zero Lag EMA - Hilbert Sine Wave Support/Resistance - Linear Regression Divergence ---- ROC ---- RSI ---- ZLMACD Features - No Repaint - No Lookahead - Date Selectors - Backtesting Version - Alerts Version Contact for Access
Script Uses - Ichimoku Cloud - John E. Zero Lag EMA - Hilbert Sine Wave Support/Resistance - Linear Regression Divergence ---- ROC ---- RSI ---- ZLMACD Features - No Repaint - No Lookahead - Date Selectors - Backtesting Version - Alerts Version Contact for Access