ADX
Lower Highs in the SP500 means bearishThe gap circled on the chart with the market not even getting to the trend line is a bearish signal. Also, the lower highs already spell out a sell opportunity.
Look for a move back to fibonacci retracement levels. A move to a new near-term high would spell a continue bull move.
Thoughts?
AdEx ($ADX) - up to 2187% PPT! Long term trade.$ADX is in the accumulation phase as well as the most of the crypto market and it's a great time to get some.
$ADX has comparably small supply and good PPT.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
ADX CUP FORMEDADX CUP FORMED, WAITING ON THE HANDLE TO FORM TO LOOK TO TAKE A POSITION AND TARGET 10%
ADX/BTC very potential posibble gain 200 - 1000% ( LONG )safe entry : 2700sats - 3000sats ..
HODL to btc break you can get surprise HODL this coin..
my recommend hodl and sell till 30K sat or sell if you already profit..
good luck, enjoy your profit
Short Trade Opinion fot Cotton ( CT1!)Hi guys. I hope my post finds you all well ! I post my recent trading idea specific for Cotton No.2 CT1!. As we see from digramm we are at a recent bounce back from the upper bollinger until the median, I expect that it will go as far as the lower bollinger with a target price at 72,20 $ . This opinion is confirmed also by ADX indicator which signs a short signal through that crossover from -DI and +DI. Also this opinion is confirmed by RSI which turned down through the last close of market and confirms the sell signal . So 3/3 ! I hope you find that usefull ! Invest with safety. Be well !
Hitting the sell intersection on the SP500!Selling here with a sell stop on a break above the intersection.
Thoughts?
$BTC extension targetsTrend momentum, measured by the ADX indicator, is just starting to come to life. Momentum for the bears is light, but is growing.
This move in momentum, along with the downside break of the red 61.8% Fibonacci retracement line, puts the previous 3128 low in jeopardy.
Setting up a Fibonacci extension with eyes on the black 1.272% level gives a nice target to watch on a break to a new low. This level matches up well with a significant support level back in 2017. If momentum really kicks into gear for the bears then the black 1.618% extension level could be another target. Following the trend and waiting for RSI signals to get up outside of the red bearish zone before considering any major long positions.
Staying short for now.
Thoughts, comments, or questions let me know!
EURAUD - Quick bounceIn his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
I hope my analysis is useful for your next trades
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BTC Final Short Before the LongI think BTC has hit its short term top and we still need to see one final dump to reset the weighted average RSI indicator (takes into account RSI values from multiple time frames from 1 minute to 1 day) before we bounce to the 5k area. I don't have a downside target, but will update once the RSI has entered oversold territory.
Price Rising into Critical Resistance for SP500.. sell level!Watch the intersection of the bearish trend line and the 61.8% Fibo level. This resistance point should hold.
The price is rising on falling momentum, which is a signal for a stall near resistance. The bears still control the long-term trend as the bulls complete a nice correction.
Thoughts?
ADX sideways channelADX trading in a sideways channel like a lot of these low volume (low interest?) coins. Buyers stepped up a bit, I think confirmation this channel holds for now (untill btc decides otherwise). I entered with tight 2% stoploss, upside 10-15%.
Trend momentum starting to build for the bulls in $BTCThe neckline of an inverted head and shoulders is being examined as resistance, and all eyes will be on internal trend momentum to see if the price can breakout to the upside to continue wave 3 of the new motive wave to the upside.
The ADX measures the strength of trend momentum and the indicator is turning to the upside inside a trend strength building zone (above 20) as the green positive directional index inches higher to signal a bull trend... a good sign for the bulls.
This should make the psychological $4000 area support and the neckline should continue to be pressured this week with a likely upside break.
The RSI is validating this call with the oscillator staying inside the bullish zone, which supports the market.
$5200 is the minimum wave 3 call on a breakout ... all stops are placed underneath the 61.8% Fibonacci level around $3600.
Happy trading! buy dips!
Thoughts?
Triangle watch as SPY tests 38% retrace The rally last week has reached 38% of the preceding sell-off while monthly and weekly trend readings remain bearish. A Triangle is likely to form above 233.76 before another move lower forms a 5th Elliott Wave.
ADXVMA Starting Squeeze - Adding More On Right ShoulderAdding to short, may also start to trail stop by adxvma upper band.
Testing Support for Bulls on $BTC Daily ChartSupport at the 61.8% level from the latest low and high is being tested as support. Daily momentum is posting weak signals and likely not enough to push price through the golden ratio.
The ADX is still in a trend strength zone, and the directional index lines are flattening out. This looks lie a picture of a correction against a new near-term bullish move.
The RSI is holding support inside its bullish zone at the same time price is trying to hold the floor along the 61.8% level.
If this level holds as support I can see a 5-wave scenario to lift the price to the 61.8% Fibo level in the coming weeks.
Wave 2 can retrace all the way back to the beginning of wave 1 and still be legit. My sell stops would be a new low under $3215.20. For now the floor holds and higher prices ahead in the coming weeks.
Despite Latest Rally Attempt - SP500 Still Primary BearishThis huge jump to the upside is still registering as a bullish move in a primary bearish trend.
This move to the upside is likely a 4th wave of 5 to make up wave A of a 5-3-5 Zig Zag correction.
Look for selling interest to return as price zeros in on the next couple Fibonacci levels. This should start wave 5 to complete wave A.
This is a weekly chart, so a long term correction should be in order.
Thoughts?
NASDAQ SHORT IDEA Hi guys and Merry Christmas ! Hope you did well with my pas idea for shorting Nasdaq with a targer of 5800 points. Now my idea continues to be for a lower price and my target is the price level of 4800. Technically ADX and Vortex Index show a sell signal within that deathcross upon those diagrams and the nearest target is 4800. Invest with wisdom and be carefull guys !
NI225 SHORT idea Hi huys and Merry Christmas. I post my recent for short possitions at Nikkei 225 with target 18025 ! Which is a high profit move or a trade if you got the whole picture of global markets and not for intraday investing. As we see ADX and Vortex Index signs 2 very solid sell signals through crossovers between the negative variables and positive variables. Invest with wisdom guys and be carefull !
DOW SHORT IDEAMerry Christmas guys ! I post my idea for shorting DJI with first target 21046 ! I think that this trade has a very big potential. From technical scope ADX now trending and the crossover between -DI , +DI show a solid sell signal thats also the picture of Vortex Index which now tendds to crossover to give a solid Sell Signal. So invest with wisdom guys and be carefull !
A Holiday Treat - Signaling a bottom in $BTCInternal trend momentum is switching to the bulls as the Average Directional Index (ADX) starts to flatten out and turn around inside a strength building zone on the oscillator. Also, the green positive directional index line has crossed up through the red negative directional index line and is back turning higher to start the week. This is a bull signal for buying interest to keep coming on dips in the market.
Sentiment is changing!!!
The other signals I was waiting for have come to fruition. The bullish divergence between price and the Relative Strength Index (RSI). Also, the RSI jumped out of oversold conditions (on increased internal trend momentum for the bulls).
Look for a price move to the 50% to 61.8% Fibonacci zone marked on the chart. This is where sellers are likely to be found, but a move this high would take the RSI up into a new bullish zone (see line I want to see crossed). This would make the $3900 to $4000 level support and a bottom for a wave 2 to them crank a wave 3 right past the 61.8% level on the next leg up. A move the the 61.8% level would help solidify the $3215 bottom.
Happy trading and have a great holiday!
