Ethereum (ETH) printed a widely followed bullish signal on its daily chart that calls for more upside ahead. This technical pattern can signal a shift in market sentiment from bearish to bullish, and we're likely to experience higher prices. ETH Golden Cross The golden cross is a moving average crossover strategy triggered when the 50-day simple moving average...
Entry point for BTC based on momentum reversing out of the bear market. For those trading on confirmation and solid risk reward ratios. Find a safe bottom, not necessarily the lowest price. Strategy 1. The major buy signal comes when the first Heikin Ashi 1M closes green. (This was once printed in June 2014. But a high RSI would falsify the signal trigger) 2....
Structure: - H4 downstrend - D divergence playing effect and break of prev daily low - W stochs crossed down showing support to overall bias 1. Div - m30 /m5/ m3 (3) 2. stoch cross downs - M45, H1, H2 (3) 3. MA bounces - H3/H4 (2) Enter with pending stops below prev higher low (HL) to be safe and go for a simple 1:3 or 1:4. Note to self: >= 5 confluences to have...
Structure: - H4 uptrend - D candles broke all previous highs and showing momentum - W stochs crossed up to show support to buy set ups along the way 1. Div - m3/m5 (2) 2. stoch cross ups - M45, H1, H2 (3) 3. MA bounces - M15, M30, H2 (3) Enter with pending stops above prev lower high (LH) to be safe and go for a simple 1:3 or 1:4. Note to self: >= 5...
Hi investors and traders, BNB/BTC setup looking good for an ATH. To support this idea check my previous BTC/USD which is shows the bottom was in. At least for short term. Oscillators looking good. Forming a bullish pattern with good probability to break out. Price action above 21 EMA on 2 weeks which is so powerful. Correlated with BTC dominance price, DXY chart,...
Looking at the VET/USD 1 week chart we can see that VET is in a massive Falling Wedge Pattern. A Falling Wedge Pattern is potentially a Bullish Reversal Pattern. Note that the APEX of the Falling Wedge Pattern is located around the end of October 2023. A weekly candle CLOSE BELOW the Lower Converging Trend-line can easily invalidate this pattern as we saw with the...
Just some larp lines based on stoch direction and RSI div. Will they play out?! Let's find out!
AVGO has returned to its post-March 2020 point of control. Stepping down a time frame to the daily chart, we can see a cluster of Dojis. Combined with volume falling under the 50day average, MACD crossing its signal, and Stoch recovering from oversold shows hesitation in the selloff. An aggressive trade would be to enter now, while a more conservative entry...
As with most stocks, INTC has been in a bearish trend beginning this year. Recently it has entered into a neat downward channel. Following the last test of the channel upper bound (denoted by the blue flag), a substantial decline occurred. This decline ended with a volume spike against the lower bound. The last test of the lower bound (denoted by the green flag)...
EurJpy: On the left side (4hr chart), you are able to see a support level that was hit multiple times. This support line is an attractive spot for all traders that analyze the chart. This level can either hold and push the price up or break and push the price down. On the 15-minute chart, you are able to see a descending triangle forming. Wait for the triangle to...
With main confluence from MACD , Stochastics, RSI and MTF EMA's, I am expecting a run to 69.28. Momentum looks to be rising on the Daily, but if you look closer on January 26th we see divergence on the MACD indicator (Orange). While price reached a low at that time, MACD has been steadily rising. Price has been driven lower through this time but MACD has been...
Keltner Channel is looking upward which is typically a good set up for long position. RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone. MACD seems to be losing strength but always above the signal line. Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the...
My last target to a swing trade to July aiming a potential bounce based on Fibonacci Retracement confluence with Volume Profile. Ehlers Stochastic Center of Gravity oscillator in a potential bearish continuation crossing down for the next weekly. Crystal clear.
8 Jun 2022 What will you do? Buy or Sell? Pair: USDCAD Indicators: RSI is divergences for bullish and Stochastic oscillator oversold. #usdcad #long
FX:EURJPY Timeframe: H1 Direction: Short Technical Confluences for Trade: - Price action at Resistance of Ascending Channel - Stochastic Overbought momentum - Widening of the EMAs Fundamental Confluences for Trade: - There is some risk with EUR spiking higher due to the rising inflation situation in Europe but at the same time, global inflation pressure...
BTCUSDT 15M Fibonacci Retracement Setup w/ Ehler's Fisher randform & Fisher Stoochastic Center of Gravity oscillators. Target at 14.6% (34.5K) key level of Fibonacci Retracement.
AMEX:SPY In this video I go over very general market conditions and express my bear case on the SPY using some simple indicators. This is not financial advise and was created for entertainment and educational purposes only. Do not use this video and its contents as a recommendation to buy or sell any type of security, the opinions expressed are of my own and...
Plenty of trading opportunities in the Forex market today I think the EURGBP is going to go back to major resistance level I am going long. The risk reward on this one is about 1:8, pretty good. The stochastic oscillator is one of the indicators I look at when trading and it is extremely bullish on this one, atleast for now haha. Long at market prices