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200sma

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
Major bearish RSI divergence Plus possible H&S Bitcoin The failure to form a new higher high is just one of many warning signs that Bitcoin bulls are running out of steam, and the bears are gaining strength. While the channel is still very well intact, this formation indicates that the support level of the channel is weakening and I would probably consider it a bull trap. On a weekly chart this looming correction is even more obvious. A healthy correction would be to test the previous high which is ~$1300 and this also happens to be just about the level of the 200 day MA which as anyone who has any real technical experience will tell you is a very important support level in bull markets and must be testest ever so often to maintain the primary trend and pop bubbles. Right now BTC has found support on the 50 day MA but failed to bounce off it with any real buying pressure. Not to mention, there is a MAJOR BEARISH Divergence showing in the RSI . A correction is needed and looming. Good Luck I've been short from 2500 but this is just as good. If a HH forms obv close a short but I seriously doubt that.
BITSTAMP:BTCUSDShort
by coltsrule7
11
USDJPY Short: Wave 5 Break + Retest (Elliott Wave TCT)USDJPY has completed wave 3 of a potential 5 wave structure. The pair has broken a trendline to complete wave (i) of 5 and is retesting the trendline at the .618 retracement To add resistance, the 200 EMA and SMA lines sit above price and below the SL level. The daily pivot may also add resistance near entry. Entry is placed at 61.8% retracement with SL above wave 4 terminus and target at the 1=5 level. This setup yields a R/R of over 5. Bearish Confluence: Trendline break and retest Pivot resistance 200EMA Resistance 200SMA Resistance Possible wave (i) of 5 completion Significant .618 fib level at entry
Short
by glennmercer
2