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200ma

TSLA retesting its 200 weekly moving average. Might see a bounceTSLA has had to go through a lot with all the news stories and FUD surrounding Elon Musk, and the stock price has suffered a bit. However, we are now sitting just above the 200 weekly moving average, and if if continues respecting this upward-sloping support (which is just below the 200 week moving average), TSLA has the potential to bounce up to higher levels. If we break the 200 weekly moving average and the rising line of support, then we could be setting up to see lower levels, but TSLA tends to be in its own category relative to other stocks and has held this symmetrical triangle pattern incredibly well for the last 3 years. Moving average guide (All weekly moving averages for this post): 10 MA in Orange 20 MA in Pink 50 MA in Green 100 MA in Yellow 200 MA in Red -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk.
NASDAQ:TSLALong
by Deftsuo
Long to 200 EMA Although still in a downtrend (Below 200 EMA I classify as downtrend), a counter-trend move to test the 200 EMA is believe to be imminent. Usually after divergences on a downtrend, there is a move up to the 200 EMA (a test). Sometimes it will blow pass the 200 EMA (gap above it), sometimes it will get cold rejected. With that in mind target 200 EMA. If it breaks or blow pass the 200 EMA (Full uptrend then), there is usually a pullback test to the 200 EMA where one can re-enter long. Best of luck. Info is in the charts.
COINBASE:BTCUSDLong
by NYBKLYN
AUD/USD Sniper entry, perfect analysisFacts: -ATR Shows market panic sells chain reaction causing 3x more volatility -200MA Still bullish -Showing nice wick rejection, which indicates strong buy power from here. -Overbought cloud breakout, which indicates a reversal -Parabolic SAR still bearish but due to what i mentioned above, it will turn Bullish again. What caused this huge spike? Aussie unemployment news! The news was not bad, rather neutral / good. My guess is that this huge drop is all bank manipulation. Stay safe
Long
by QW-Trading
1
BTCUSD H4/D1 charts (2/7/2019)Good morning, traders. After the recent drop and immediate reversal price has continued to move sideways adding to traders' already pessimistic attitudes and boredom. But don't let the market lull you to sleep. These are precisely the times traders need to be extremely aware of what's going on as sudden moves often do happen and catch sleeping traders off guard. Bitmex supply side order book looks much less aggressive than it has for the past week and its buy side is stacking up once again. Bitfinex order book continues to be the leader for the spot market with demand spikes currently showing 1070 BTC at $3410 with 500 more at $3350 and another 611 at $3300, while supply side is showing 801 BTC at $3800. What we have is a continued slow drift downward within a descending wedge near the bottom of a descending channel on the D1 chart. D1 RSI also remains within the descending wedge that it has been printing and MACD remains flat with possible bullish divergence printing across November 27th til January 31st. We need to see MACD curling up before we can confirm this though. H4 RSI continues to print a symmetrical triangle which could lead to a break up. But in order to do so, demand must overcome supply. The higher RSI lows show demand increasing, but the lower highs indicate that supply is still pressuring the pair. In other words, as I have been saying, demand and supply are fighting hard for position. The weekly 200 MA is sitting at $3314 currently with weekly volume near the lows seen just before price dropped through the $6000 floor, so I wouldn't be surprised to see a retest of that MA. An objective look at what's going on, especially if you compare it to 2015, suggests that we should get a bounce off the 200 MA area, followed by a move toward the top of the TR and the descending ATH resistance, then a move back down to the bottom of the TR for a Spring followed by a move up and out of the TR. I'm not telling anyone to change their minds about moves toward $2000 and lower, only reminding them that price has continued to set up this particular move and it aligns with the weekly look at the 2015 correction. Switching from candles to line view makes the picture much clearer and I will take a look at that during this morning's live stream. Remember, my goal isn't to convince you that you are right, wrong, or otherwise, only to help you keep your emotional bearishness in check so that you trader smarter and protect your capital. At the end of the day, we are still in a corrective market until proven otherwise so the trend is down. The key is to pay attention to what's going on so that you can notice potential reversals setting up and keep from getting caught in the wrong direction when the market does reverse. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSDEducation
by Chris_Inks
2
BTC between a rock and a hard placeThe bullish case: BTC has not breached the weekly 200 MA and closed below it since September 2015. The 200 MA offers huge level of support not only to BTC, but historically in stocks around the world. The bearish case: The weekly BTC chart has formed a bearish descending triangle, making the long anticipated move down to $2500 seem even more likely. The neutral case: Both the weekly RSI and Stochastic RSI are remarkably indecisive at present. Arguably the RSI is approaching oversold, whist the Stochastic RSI has gentle momentum to the downside. The case that BTC cannot stay in the $3000-4000 range much longer: Since the peak of late November the weekly volume shows a clear decline , which indicates a big move up or down is imminent. Keep your eye on the weekly 200MA because it will likely give you a strong hint of which way we will break out. Find links below to these two essential chart indicators: 50, 100, 200 Moving Average RSI and Stochastic RSI combined into one indicator - read the description to discover just how useful this might be for you.
COINBASE:BTCUSDShort
by BCryptological
Verge on the precipice of an inv h&s golden cross combo breakoutI did not mark this idea long or short....we are simply on the precipice of either a huge bullish move for verge or a massive bulltrap fakeout. if btc breaks upward then xvg will likely trigger this inverted head and shoulder breakout which would lead to a golden cross on verge on the 1 day chart which has a breakout bull target of an over 50% increase, but if bitcoin breaks down it will be both a fakeout of the inverted head and shoulder pattern and likely the golden cross as well see the blue line directly above the inverted head and shoulder pattern? thats the 1 day 200ma and we can see it already dealt a firm rejection to the priceaction earlier so which always increases the likelihood of a fakeout..not wise to buy verge here unless you see a breakout that flips the 200ma from resistance to support and also solidifies it as support as well if that happens and you see bitcoin have a bullish breakout too then its probably wise to enter a position on verge but until then expect a fakeout. Inverted head and shoulder patterns in a bear market are usually patterns painted by the bearwhales to set the ultimate bulltrap fakeouts with *not financial advice but simply self advice that anyone else is allowed to consider* thanks for reading!
X
by DrDovetail
Bitcoin forms lower low; 1hr deathcross quickly approachingWe have followed the recent lower high with a lower low putting the bears fully in control after hitting my last ideas drop target with exact precision...we have seen a decent bounce since hitting the target but probability highly favors this as nothing more than a dead cat bounce. There is a possibility of forming a lower high here but I don't see much more being offered to the bulls than that....if that....which will ultimately be more or less a bull trap if it does occur. We can see that this drop has caused the 1hr 50ma(in orange)'s trajectory to dip significantly which should greatly speed up the timing on the 1 hr death cross. I also expect the 2hr 3hr and 4hr deathcrosses to occur soon after and for the 4hr 200ma to flip to solidified resistance..to me this seems like it could very well be the beginning of our capitulation we have been waiting on to finally bring this bear market to an end. If so I anticipate we will at the very least see the price action revisit the weekly charts 200ma where we have always seen great support...I have a feeling we could send a wick below it but ultimately believe we will be able to close any weekly candle that dips below that above the 200 weekly ma...in fact I anticipate the normal huge rebound bounce of 50 percent or so to occur once we hit bottom and that bounce will be what allows us to close above the 200 weekly ma....just my own speculation of course and not meant to be financial advice...anyways thanks for reading and good luck
BITSTAMP:BTCUSDShort
by DrDovetail
Time to watch EPCThere is a new touch of the 200 day MA for EPC. Start watching for trendline breaks and take a look at the income statements and balance sheets. This company has better EBIT and less debt than last year. Some other fundamentals are less attractive: lower income from sales, negative return on assets and equity from last year, no dividends. But the less outstanding shares may be all thats needed to boost the home slices on Wall Street and other investors to feel bullish on this company. Edgewell produces some popular wet shave and skin care products...Wet shave products are offered under the Wilkinson Sword, Edge, Schick, Skintimate, and Personna brand names Skin care products are under Banana Boat, Wet Ones, Hawaiian Tropic, and Playtex. Buy here and below a couple bucks. TP $78 or hold with watchful eye on financials and management.
NYSE:EPCLong
by biggair
1