Rashad

Rashad

Recently Bitcoin finally broke support as strength continued to fall at support. -Right now Stochastic RSI %K is nearing the limit, there is a strong possibility it will rise. As I began building this chart is was 0, now its above 2. -RSI did not yet cross below 30, so no sell signal in RSI -Percent Rank Tops-Bottom showing bottom -Price has moved below the lower...

Rashad

-BTC crossed below its lower band in the Bollinger bands and has since begun to move up -KST appears to be getting close crossing upward. Also KST is still positive -Aroon shows BTCUSD is consolidating upward -Stochastic 5,3,3 generated a buy signal not that long ago and is still headed upward For early indication, look for a move above the center line in the...

Rashad

Since the establishment of the upward channel, BTC has bounced off of the support line 3 times. Typically this is a bullish sign. Likewise, it back up to ~390. Since the Bitstamp mishap, there was a small recovery back to about 387.50, but since then down again. I have modified my stochastic RSI to give a lot more accurate buy and sell signals, stochastic length...

Rashad

This chart is fairly straight forward. There is currently Bullish Divergence in the price, and bullish divergence in the accumulation/distribution indicator. This means buyers are buying right now. I believe a move back to 400 and beyond in the near future is likely.

Rashad

-After the head and shoulders pattern formed, a bullish symmetrical triangle formed. Look for a break out over 400 soon. -Breakout at resistance line in downward channel -Divergence between 10 Hour EMA and 21 Hour EMA shrinking -Stochastic trending into oversold region. If a buy signal occurs in this region and %K and %D move back over 20, there will be strong...

Rashad

After the head and shoulders pattern was formed, BTC crossed below support at $416. BTC has continued to move down and has already broke psychological support at $389. There is a downward channel in both BTC and the stochastic indicator. Look for more downside ahead in the SHORT TERM Where to look for a Bottom? 1. Stochastic continues trending into the oversold...

Rashad

Barclays and other world banks are currently battling a probe regarding their manipulation in the forex markets. Unlike other banks, Barclays has refused to settle and wishes to battle it out. This could have long term negative implications for Barclays. The loss of a license would be a painful disaster. Technical: Barclays has been stuck in a long established...

Rashad

Sell Signal cross on Stochastic(52,9,3) after recently being driven below the overbought range. 10 Bar EMA and 21 Bar EMA is being crunched incredibly close together. If 21 Bar EMA starts moving above 10 Bar EMA, coming downtrend is possible. Force indicator has been trending closer to crossing 0 as the uptrend has slowed. KST about to cross below 0. As well, AAPL...

Rashad

Stochastic(52.9,3) buy signal on 11/5. Diff went up 9% subsequently we saw a 9% rally. Confidence in new uptrend causing buying pressure. Miners are holding out for a higher price. If EMA 10 Day and EMA 21 Day cross, this a very good uptrend signal. However I would wait at minimum half a day after seeing the cross before entering a long position as I like to see...

Rashad

Currently futures on SP1! Appear to be heading to open lower on 11/10/14. For this chart (SPY) I am using EMA 10 day and EMA 21 Day as a timer. As you can see in this chart, every cross has been reliable. I am using Stoch(52,9,3) as a way to have extra assurance on when to place a trade. The Stochastic cross seem to be happening before EMA crosses. If futures open...

Rashad

Squeeze momentum indicator shows that momentum for Bitcoin is finally not being squeezed anymore. The CCI has been trending up since August The reason I believe Bitcoin price rally happened this week is due to a lack of volume due to institutional miners holding out for higher prices. Since Bitcoin has been falling in value for a while now, and the mining...