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200sma

CARDANO CRYTO STRATEGY - 5 ENTRIESStep #1: Cardano ADA price needs to trade above the 200-day moving average The first condition that Cardano requires to satisfy is to trade above the 200-day moving average. When price trades above the 200-day moving average we know we have a strong premise for a bullish trend to be put in place. The more time Cardano price spends above the 200-day moving average and the biggest the distance between the Ada price and the 200-day moving average the stronger the trend is. Step #2: Volume needs to be above average and twice as much volume compared with previous volume bars needs to come in We need to look for instances when the volume bars are above the average volume (the red moving average). But this is not all; we also need the buying volume to be twice as much as previous volume bars. In our Cardano chart we can note five instances where the volume was not just above average, but it was also double as the previous volume bars. In this case, we’re dealing with five possible buying levels. Wait for trading situations where the buying volume is increasing considerably. This really shows institutional buying that has the power to move the Ada coin price. Step #3: After volume has increased, buy at the opening of the next candle When to buy Cardano ADA is quite intuitive if you have followed this cryptocurrency step-by-step guide. The moment we see institutional buying presence we want to be sure we’re not left out. In this regard, after the volume has increased, we buy at the opening of the next candle preceding the big volume candle. Usually, you’ll be buying right after the first bullish candle that often is the starting point of a new trend. Don’t be afraid to buy on the way up as this will pay handsomely in the long run. Step #4: Place protective Stop Loss below the 200-day moving average Hide your protective stop loss below the 200-day moving average. A market that has a strong bullish trend should not drop below the most powerful moving average aka the 200-day moving average. By hiding your stop loss below the 200 moving average, we’re minimizing risk as much as possible. Note* as the trend progresses you can also trail your stop loss below the 200-day MA. Step #5: Take Profit when we break and close below the 200-day Moving Average The 200-day moving average can serve us as a significant trigger for our exit strategy. When we break below the 200 moving average, that’s the first sign that the trend is about to change the tide. When these happen make sure you take profits. Note** the above was an example of a BUY trade using the Cardano trading strategy. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides
BITCOIN IS NEARING THE 2ND 'DEATH CROSS' ON THE CHARTS!This is what that means. Bitcoin has fallen below $8,000 this month. The charts are showing something that has investors wondering if it is time to panic. Bitcoin's chart shows price has experienced the first 'death cross' where the 50 sma crosses below the 100 sma. Now the 50 sma is approaching the 200 sma and it appears that the 50 sma may cross below the 200 sma also creating the second 'death cross'. This is used to illustrate when the 50 sma moves below the 200 sma – technicians often look at this pattern as a bearish sign of what's to come. And in bitcoin's case, the 50 sma has already taken out the 100 sma, with the shorter-term trend line inching lower. "When we are talking about bitcoin, I think it's important to remember that we don't have much history to go off of to identify long term trends," Jim Iuorio of TJM Institutional Services wrote to CNBC on Wednesday. "That being said, any time the 50-day crosses the 200-day, it should flash a warning…and when you couple that with the fact that bitcoin has been trending steadily lower since the launch of futures, I think that it is a major negative," he added. But not everyone believes that a death cross marks more pain ahead for bitcoin. "Fast Money" trader Brian Kelly points out that he sees an uptrend in the chart of bitcoin that has been in play since August, and thinks that the same uptrend could actually be just as indicative of where bitcoin is headed. "Bitcoin, just like the spot FX markets, follows technicals closely, therefore these support levels gain more importance," he wrote to CNBC. "If these levels hold, then it will confirm the uptrend from August is still valid." The last time the death cross pattern occurred for bitcoin was in September 2015. After the death cross, bitcoin rallied close to $500 by early November that year from around $230. Bitcoin has plunged about 38 percent year to date, but would still need to fall another 88 percent to erase all of the 2017 gains. Quotes taken from Annie Pei article from Futures Now CNBC
BITFINEX:BTCUSD
by Tradingstrategyguides
6
1day chart closes 2 candles under the 200sma 1st time since 2014It looked as if there was a slight glimmer of a potential bull breakout from this current bear flag on the 4hour chart as the last 4 day candle found a way to close just above the trendline....however we all know that its not an official breakout until we close 1 more additionalc andle above the flag and at the same exact time that 4 hour candle closed above the bear flag trendline the 1 day chart just closed a 2nd confirmation candle below the 200sma for the first time since 2014....definitely not a food sifn...and any positive sentiment the 4hr candle gave buyers is likely to be outweighed by the sentiment the last 2 1 day candles are going to give sellers....Because of this I think probability is high that this next 4 hour candle will not close above the trendline thus invalidating any potential bull breakout from this recent smaller 4 hour bear flag. Further downside is what I anticipate.
BITFINEX:BTCUSDShort
by DrDovetail
This is the dip you said you would buyWhile the overall markets are still full of uncertainty and fear over hawkish moves from the Fed remember that markets don't always go up. This is the dip you said you would get into stocks on. So many S&P giants trading at the 200 day SMA. I bet this will look like an amazing entry in 6 months from now. We all know AAPL is a big player and unless the markets turn to recession or iPhones start exploding lava I'm going to say they will continue up and to the right. Ray Dalio just posed a few pieces about his market thoughts, he knows what hes talking about. The SPX DJI and IXIC are looking as of now like the bulls are winning. But who knows.. maybe the Algos go crazy and we drop another 1000 Points. Nun the less AAPL at the 200 seems like a steal to me. ...not a huge fan of the homepod tho... fucken Apple and their proprietary BS.
NASDAQ:AAPLLong
by skyman9025
BTC Bounce? A short analysis with entry pointsBitcoin following the downward trend, I've highlighted entry points that I personally have put orders in, the correspond with resistance zones circled previously. The downward trend broke through the 100-day Moving average in a big way but seems to have bounced near the 200-day MA (purple). We will see whether this is the bottom bounce or whether we will continue to fall further... I'm currently neutral, it could drop lower but I still have more fiat to put in if that's the case. If it bounces and recovers - great!
BITFINEX:BTCUSD
by KapitanKris
Golden Cross - Bullish ISATL (Inmarsat)How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-) A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade. Any recommendations or tips on how to determine a good entry point with a moving average? Thanks, Pat
I
by maga22
BTC/USDT - Correction incomingIn the hourly chart, we can see various elements that support the price is going to correct: 1) BTC hit a new high at around 17480$ today, not much higher than the one it hit on December 8th, this could result in a double top formation. 2) The failure to make a new ATH in a strong way created a divergence in the MACD, showing losing bullish momentum. 3) The 200 periods SMA, which has served as support in various occasions in the past, has been prolonged (in the most sensible way I could find) and it touches the 50% Fib. retracement in a critical point, around 15000$. Why is that level important? Because it is a "big even", a round, psychologically relevant number. Because it is where the 200 SMA and the 50% Fib retracement intersect (as stated above). Because the last BTC correction followed a downward angle of 48°, and, if it happened again, it would again hit that critical 15k. This is why I believe the price will go there. It might fall more, but I think there is just too much support, both technically and fundamentally, right now. Shorting BTC at this time of history is dangerous, of course, so a stop loss order should be placed just above the most recent high, around the 17550$ level. I am not a financial advisor, this is just my personal opinion. Any comment is appreciated.
Short
by Andratos95
4
Hits target and turns In my previous analysis I described the bullish scenario that Oil will rally from the bottom of the channel to its top. Now that Oil did hit the top of the channel, as projected, it is time to think about bearish trades. In fact, those of you who have read my weekly newsletter could have seen the potential Sell Zone I've mentioned few weeks ago. Today, Oil confirmed that 58-60$ was indeed a resistance zone Oil is testing the Fast MA line as support but is seems like we should focus on bearish trade in the near-mid term future.
NYMEX:CL1!
by themarketzone
50 months MA line and a daily Cypher in focus DXY broke and closed below its 200 weeks MA line last week. The holiday trading week (low volume) helped the sellers to push the Dollar beyond this important support line. Now the next line of defense for DXY is the monthly 50 SMA line and the bottom of the structure zone (weekly) that you see in the chart. The Cypher pattern and the 61.8 Fib level can be used as two potential entry zones for those who still hasn't lost faith in the Dollar's ability to rise! Yellen testimony and U.S GDP in focus. Read more about the Dollar, EURUSD and Stocks in this week's newsletter - #WeeklyMarketsAnalysis (search for it on Twitter)
TVC:DXY
by themarketzone
OIL - Too much resistanceHaven't updated oil for a while. I suggested an entry at this idea: Time to update again, because we're printing a coil for a week now. We are at a tricky level . 2 resistance and one time problem at this point: 1.This year's downtrend line (dotted red) 2. 200 SMA (light blue) 3. Getting late in the daily cycle. I will set this idea as neutral. I don't suggest long entry here though I'm not sure we are not breaking out of the coil and rallying higher in the following days... That's the reason I don't suggest to exit your longs from the lows because we might break out any day. I see 2 possible scenarios: 1. We are breaking the coil in the following 2-3 days and printing a cycle top. The breakout can be even a 3-4$ breakout... When the daily cycle topped we will drop into the DCL and tag the 200 SMA with RSI oversold. That's the point where I would enter with a long position. If this case happens I will try to pick the top of the daily cycle and re-enter at the 200 SMA. MACD supports this idea . Though RSI is overbought for days and MACD is crossing over now MACD is still far from extreme levels... So this easily can turn out to be a kiss and a tag at the MACD... 2. The daily cycle tops here at the trendline and at the 200 SMA and we drop into the DCL in the next 2 weeks without new highs. In this scenario the DCL could be at the 50 EMA ... I'm not going to play this scenario just bear the drop into the DCL and skip the troll's messages : "You missed it again." :D We will get the answer in the next 2 weeks... If you are overleveraged and have nice profits ( long from the trendline break at 43$) you can take profits here on half of the position and re-enter into full position at the DCL at the 200SMA. ( Some of the text can't be seen on the indicators so scroll down the MACD and the RSI)
TVC:USOIL
by chartwatchers
19