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200ma

Tale of two scenarios #FCELI can see two scenarios playing out with FCEL: 1) The stock is sitting on the 200EMA and tested it July 3,5, and 8th (Today). Seems to want to stay above it. So, either it will lay flat in this area (.72-.68) or it will drop (possibly gap) back down to the .54 area. The 3 day trend would imply that could happen, unless from the 3rd forward is a Pennant. In which case, it could lay flat. 2) There is resistance at $1, which I'm assuming is psychological because there isn't anything recent coinciding with the $1 mark. Additionally, if we treat the 3rd as the start of a pennant, the stock could very well gap up to or over $1. The volume on previous jumps was low (in comparison to highs), which seems to correlate with the recent "flatness." NOT ADVICE: I am assuming the 200ema will hold as support. The stock is above all the other ema lines as well. Nothing suggests a dump. Regardless, I've set my stoploss just below the 200ema. If it does return at least I have a good re-entry point.
NASDAQ:FCELLong
by PatternTrader0807
4
BTC Update (Weakness from Bulls)BTC getting hit with a pullback at the moment. So far we have bounced at the 200 Day MA, which has acted as support since all the way back on Feb. 8th of this year. If it holds, will reevaluate next move up. Not very confident that we hold here. If the 200 MA doesn't hold here look for a test of the $6500 area which was recently flipped from Resistance to Support. Lots of trades have been taken at this $6500 level. BTC ranged at this area from August to November of last year. If that breaks looking at around $5500 before shooting up again. $6500 level looks to me like a reversal/turning point. Anything can happen in the Crypto space though, stay safe.
by StatFall
2
BTCUSD pullback.BOTTOM IS IN BTC/USD need a pullback to cool off after a nice rally from 4000$ to 7500$. The reason why BTC was pumped hard is simple,traders all time shorted BTC and the whales liquidated this positions. BTC/USD now just hitted the first long term 0.236 fib resistance line which is at 7104$ and also the candle closed below this resistance line(bearish sign)+we have a huugeee strong ichimoku resistance in this weekly chart RSI is still overbought because is above 70 point at MACD just crossed the neutral zone which is a really nice buy signal BUT don't forget another indicators :-) .Stochastic also is overbought. I'm expecting a pullback till 50MA weekly. We have too much support line for a breakdown below 3000$
COINBASE:BTCUSDShort
by CryptoC77
2
Bitcoin/ US Dollar 1D BitfinexFirst, acknowledgement to Trading Shot post (linked below) which influenced me on some of my 50/200 MA calculations and understanding (and hopes!): Thank you Trading Shot Factors I'm watching: LTC as a leading indicator - which I've been doing for about 2 years. Standard Fib ratios. .618 my favorite and coincides with red TA line (discussed below). I personally love it when the big players pierce the Fib lines for psychological reasons. Basic TA lines - note the red support line - which is supportive of the previous BTC 200/50MA scenario. 10/20 Day MA correlation. Really weak right now. they run almost parallel - for some time now. Note: I'm always long on BTC (since this time last year), but my chart, in its current form, supports the thesis of a dip (not 'crash') this summer. However, I will readily admit, that if BTC spikes, I'll be seeking to catch and buy in FOMO'sih. I'm talking small amounts, as, I'll want a bit more - just in case BTC breaks the massive resistance indicated by my grey shading. My buy areas are green ovals. I always have discretion to not buy, based on Human Factors, news, gossip, FUD, etc. Those ovals are guides and visual reference points only.
BITFINEX:BTCUSDLong
by denjhanekt
1
REA ripe to break through the 200 EMA and head to new highs.200 EMA has acted as major support for the last 18 + months. The 200 EMA finally gets broken late 2018. IMO this was due to a sell off of high P/E stocks and banking royal commission commentary.The 200 EMA was looking to break back through just before CEO steps down. This resulted in a retracemet and a range bound channel formation. Conclusion: High probability that if we break back through the 200 EMA we see new highs $95+.
ASX:REALong
by rutt
BTC Final pullback before the new Bull cycle startsWe are at a 5000-5700 resistance level. This coincides with Weelky 50 MA (yellow) and the top band of Weekly 21 period BB with standard deviation 3.2. Also weekly RSI just closed at 60. I believe this is a first sign of the upcoming bullrun, but looking back at the previous prica action at these conditions I think we need to retest the Weekly 200 MA (green) one more time. Be advised, it could still pump to 5700. I would not short here, but rather buy the next big dip. If you are leveraged long though, this is a good place to take some profit. Have a good one.
BITSTAMP:BTCUSDLong
by MidnightOne
2
Why BTC could be going MUCH lower. Part II: Vox populi"Be fearful when others are greedy and greedy when others are fearful.” Possibly one of the most influential quotes of all time when it comes to investing. While this is necessarily not always the case, Warren Buffet understands that the whole merry-go-round that we call the stock, gold etc. markets are based on one, though far from simple, thing: psychology of the participating individuals. It is the reason why 90% of all individuals fail in trading as they are lead by emotions and irrational deicisions. The other 10%? They understand the game and simply go against the mass sentiment of the sheep, profiting of off them in the process. So what is the current sentiment in the crypto sphere? alternative.me Well, if we take a look at the crypto fear and greed index we can see that currently greed is in the market with a valuation of 57 (you can look up on what the whole algorithm is based on). If we take the TA approach, we can see that the 60 mark provides a heavy resistance. 56 is the point at which Bitcoin tumbled, broke 6k and capitulated (though if that was the true capitulation remains to be seen). What does this mean? Well, firstly, do note that there are times when a greedy overall sentiment can be justified. For example, if Bitcoin made a higher high and established a firm support at a new level that would definitely mean that greed is, at least for the short tem, a justified sentiment. Another example would be Bitcoin decisively breaking the 6k support-now-resistance level as that would essentially signal the start of a new bull market. But, with that being said, can the greed really be justified in this point in time? If you look at the TA fundamentals, we are now facing heavy resistance on a weekly time frame with a multitude of indicators: 1. 200 EMA (in red) is holding the price firmly below 4100 2. 20 MA (in black) is falling down like a bomb and though an argument can be made that we broke it, I would like to see a breakout with A LOT of volume. Breaking such significant MA is no small feat and any breakout without volume cant really be taken particularly seriously. 3. RSI on the weekly is 1. overextended and 2. at a super heavy resistance around 43,44 In short, the sentiment is telling us moon while the TA is telling us a completely different story. That would make the current greed sentiment UNJUSTIFIABLE. I plan to take additional short positions and cant wait for these thing to fall like a rock to at least 200MA. Once there we will evaluate the position and react appropriately. Stay tuned for Part III of the series, where we will take a look at an indicator with a literally 100% accuracy. Thank you! P.S. If you like my analysis, please hit a like as otherwise, if no one is reading them there is no point in writing them either.
BITSTAMP:BTCUSD
by Bluewhere
Bitcoin has a make a big decision in the coming weeks!Bitcoin is about to come in contact with the 21 Week MA (blue top line + yellow dotted line projected direction) which historically, we have not been able to stay above during this bear market. Since the crash in January, we have only been above the 21 Week MA 3 times and never for more than a week. In addition, if you extend out the top line of the meme triangle, it is almost exactly in line with the 21 week MA. Add to the fact that it is converging with the 200 Week MA (red bottom line + projected direction) in less than a month and bitcoin is going to need to decide which way it's heading asap. If we do cross the 21 week MA and stay above it for more than a week than I will be happily wrong and switch from bearish to bullish. What do you think: Get above the 21 Week MA and stay there OR break the 200 Week MA?
BNC:BLXShort
by jamesedit3
Full look at current bullish/bearish patterns/trendlines in playOn the weekly total crypto marketcap chart we are currently either still in a symmetrical triangle that could also be a bear pennant, or currently up out of both a daily falling wedge (in yellow), as well as the much bigger weekly falling wedge (in green). Bullish and bearish price target projections are posted accordingly and are color coordinated with their corresponding patterns. We also have 2 huge horizontal trendlines: a strong one that's currently resistance that if we can close a weekly candle or 2 above and flip to solid support would make me much more confident that we are going to ht the green bullish falling wedges price target. we also have another lower strong horizontal trendline that lines up well with the bearish price projection bearflag breakdown target. If we were to heavily capitulate thats where I believe support would eventually hold and bounce back up from. we also have the weekly 20ma(in orange) which at least temporarily is suddenly support although we have yet to solidify that support and then we have the weekly 200ma which has been solidified a long time ago as solidified support and continues to maintain that support for now. It is still a battle between those two. Finally we can see below on the weekly stoch rsi it is threatening to complete a bearish cross but it may also bounce upward off the orange line. If not we have a diagonal trendline on the stochrsi that may also act as support enough to reverse any bearish cross that may occur. If capitulation were to occur however we would see it break below that stochrsi trendline as well as priceaction most likely the strong currently solidified support of the weekly 200ma. For Now this is the chessboard. with the weekly 20ma acting as the bears' king, and the weekly 200ma acting as the bulls' king. I have a feeling we will know which side will be declaring check mate by the end of the week.
CRYPTOCAP:TOTAL
by DrDovetail
Total Marketcap Weekly 200ma vs 20ma continues. At crucial pointWe can now see on the Total Marketcap's weekly chart we have managed to inch our way above the weekly 20ma's strong support. We need to of course close 2 consecutive weekly candles above this MA in order to confirm we have flipped it from strong resistance to support however and we can see the weekly stoch rsi is currently overextended and could potentially see a bearish cross here in the near future. For that reason, I'm not yet sure that the bulls will win the battle between the 200ma support and the 20ma resistance...If we do dip back below the 20ma before closing 2 weekly candles above it, my guess is we will be dropping back down to at the very least retest the weekly 200ma's support and possibly even break through it. I think if this occurs it will probably result in capitulation and even though we ma break under the 200 weekly I think on the weekly chart we will still ultimately find support there with maybe a huge wick to the downside dipping below it as capitulation. From there hopefully we would see a big bounce again provided by the 200 weekly ma that could have enough momentum to finally break us firmly above the 20 ma..and finally be done with the bear market. Of course if we see 2 weekly candle closes above this 20 MA I will instead be confident that probability strongly favors the bottom is already in and we should then see a corresponding significant bullish surge to go with it that takes us towards the breakout target of the larger falling wedge. We will likely find out in the next week which way we will be heading.
CRYPTOCAP:TOTAL
by DrDovetail