ADX
Introducing the Chop and Trend Index (CTI)Get ready to revolutionize your trading strategy with our latest tutorial on the Chop and Trend Index (CTI)! This unique indicator, unlike traditional oscillators, provides a fresh perspective on market conditions by identifying periods of market chop and strong trends. Whether you're trading stocks, forex, or commodities, on any timeframe, the CTI is a game-changer. In this video, we'll break down how it works, how to use it, and how it can enhance your trading strategy. Don't miss out on this opportunity to stay ahead of the market curve with the CTI!
Introducing the Volatility Adjusted ADX (VADX)In this video, Stock Justice introduces you to the Volatility Adjusted ADX (VADX), a powerful tool that combines trend strength and market volatility. Learn how to customize your settings for optimal analysis and how this indicator, with its proprietary mathematical formulation, offers a nuanced perspective on market dynamics. Discover the benefits of normalized data and how to read and interpret the VADX line in conjunction with other indicators. All of this, delivered in Stock Justice's engaging style, will empower your technical analysis toolkit. Be ready to trade safe, trade smart!
Introducing Dynamic Action Convergence Divergence (DACD)Hello, it's Stock Justice here! In our latest video, we explore the intricate workings of the Dynamic Action Convergence Divergence (DACD) - a tool that synergizes the robustness of the ADX and the DI lines to create a dynamic and responsive trading indicator.
We plunge into the depths of DACD, starting with the base components - the Average Directional Index (ADX) and the Directional Movement System (DI). We then demonstrate how these two indicators are harmoniously fused together to form a comprehensive tool capable of signaling market momentum and potential trend reversals.
We further elucidate how the DACD uses moving averages to mark potential bullish or bearish trends, and how divergence within the DACD can indicate trend continuations or reversals. The video also highlights the DACD's proficiency in multi-timeframe analysis, enabling traders to view market trends from a broader perspective.
Closing out, we underline the DACD's versatility as a powerful trading instrument, while emphasizing the need for using it in conjunction with proper risk management and a balanced blend of other technical analysis tools. This video is an essential watch for all traders seeking to enhance their trading arsenal and navigate the market more proficiently!
Ambire AdEx (ADX) formed a bullish Shark for upto 51% moveHi dear friends, hope you are well and welcome to the new trade setup of Ambire AdEx (ADX) with BTC pair.
On a 4-hr time frame, ADX has formed bullish Shark move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTCUSDT local short (Bitcoin bearish divergence)Take a look at 2Days BTC price timeframe.
As you can see we got a bearish MACD cross after the divergency.
Also I noticed a biger ADX divergence which means that the strength of the trend is fading.
May be it could bring as to 24K next 1-2 weeks.
What do you think?
MTF MA + DMI/ADX 15m Timeframe Upon color change of MA line, wait for first bar to close to confirm color change. Enter on 2nd color change bar on MA after cross in DMI or if DI+ or DI- is above 25 or ADX is going higher or is above 25. Set TP at 1 ATR ( I set a bit below ATR to ensure I hit my TP) SL is either a bit below previous swing high or swing low. Think I might do stop loss 1 ATR away from above moving average line. Let me know what you guys think
$ADX/#BTC [#Ambire AdEx]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $ADX / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000889 | 0.00000977 | 0.00001128 and the major support zones are respectively at 0.00000738 | 0.00000675 | 0.00000524. We may consider entering a trade at the current price zone at 0.00000867 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000867 ₿
▣ 24HVol: 29.971 ₿
▣ 24hChng: 4.458%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000889 | 0.00000977 | 0.00001128
◢ Support: 0.00000738 | 0.00000675 | 0.00000524
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.77 - Very Bullish
▣ In-depth ADXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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$ADX/#USDT [#Ambire AdEx]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $ADX / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.1922 | 0.2103 | 0.2405 and the major support zones are respectively at 0.162 | 0.1499 | 0.1197. We may consider entering a trade at the current price zone at 0.1736 and targetting higher levels.
Technical Metrics :
Current price: 0.1736
24H Volume: 1,277,477.5643 ₮
24H Price change: 4.264%
- Pivot Points - Levels :
Resistance: 0.1922 | 0.2103 | 0.2405
Support: 0.162 | 0.1499 | 0.1197
Indicators recommandation :
Oscillators: SELL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth ADXUSDT technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Is IT stocks ready to lead the NIFTY?HCL TECH : CMP 1134
SUPPORT : 1010-1030
TGT : 1215/1305
IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then it is continuation of wave 3 which will take it to 1305 which is our final TGT.
Litecoin long-term bullish trend promised by technical analysisAdditional notes:
upcoming halving
Strong bullish outlook for weekly long-term perspective. Bullish tendency short term (view follow up)
This information is by no means financial advise, you trade at your own risk, I am in no way responsible for your actions, seek professional advise from licensed financial experts!