NOT/USDT Bullish Global 3rd Elliott WaveWithin the ascending channel, a five-wave impulse and an ABC correction have been completed, reaching the 0.618 Fibonacci level. The price has encountered the first resistance level (res).
Based on the fractal from the initial five-wave pattern, there is potential for growth towards the upper boundary of the channel, into the Fibonacci zone 1.236 - 1.382. From there, an ABC correction is expected towards the Fibonacci zones of the second subwave 3(2) of the global third wave. Subsequently, I anticipate the formation of the first subwave of the third global wave 3(3-1).
The Alligator indicator shows an upward trend. There is a support level (sup) below. The scenario will be invalidated if there is a breakout and consolidation below the support zone (sup).
Alligatorindicator
Mastering Forex Trading with the Alligator IndicatorForex traders are always looking for ways to improve their trading strategies and make better decisions when it comes to buying and selling currency pairs. One tool that can be helpful in this regard is the Alligator indicator. This technical indicator is designed to identify market trends and determine ideal entry and exit points based on the trend's strength.
What is the Alligator indicator?
The Alligator indicator consists of three lines: the jaw, teeth, and lip. These lines can identify when a trend is forming and its continuation or reversal possibilities. The jaw represents a 13-period moving average line, while the teeth represent an 8-period moving average line and the lips represent a 5-period moving average line. These lines can indicate if a bullish or bearish trend is in effect and where it is going to move in the future.
How to use the Alligator indicator in forex trading?
To use the Alligator indicator, traders should first select the currency pair they want to trade and monitor the market for a strong trend potential. When the Alligator is applied to a weak current trend, it is known as a sleeping Alligator. Traders should look for a weak trend that is converting into a strong trend, identified when all three lines are close to each other but not entwining. As the red and blue lines start moving in the same direction and the green line passes through them, a strong trend begins to form.
If all three lines are moving upwards, with the green line above the red line and the red line above the blue line, there is an uptrend signaling long orders. Conversely, if the three lines are moving downwards with the green line at the bottom, red in the middle, and blue at the top, it indicates a downtrend signaling short orders.
Traders can place an order in the same direction as the trend identified by the Alligator indicator. After entering a trade, traders can hold onto it until the green line crosses the red and blue lines simultaneously. At this point, the candlestick will close below the three lines, enabling traders to exit the position or execute a short order with an expectation of a falling market.
Traders should always monitor the market and wait until the Alligator lines are not crossing each other before exiting a trade. It is also possible to use the Alligator indicator in combination with other technical indicators such as the CCI indicator to identify overbought and oversold market conditions and place long or short orders accordingly.
In conclusion, the Alligator indicator can be a powerful tool for forex traders looking to identify market trends and make better trading decisions. By understanding how to use this indicator, traders can improve their strategies and increase their chances of success in the forex market.
BAKE Long, shows signs of recovery. Many days of supportHello,
This is our second signal after we improved our trading system. BAKE is already up 70% + from the lowest point and is holding support and rising the last 12 days.
Possibility of continuation as just today we received our signal to enter, and after a long downtrend the price has broken the lip of the alligator and is going up.
Enter with caution on the hourly timeframe and set stop loss @ 0.267
Hold until doji candle appears or SAR ball appears or a combination of the two.
Take care
AUD/USD Breakout Of AlligatorHello freinds,
Just received a signal from our bot that the pair is loading for trend. After I examined the chart I saw that the pair is already trending the last few days and just broke the alligator jaw.
Stop loss @ 0.68 on the sar ball.
Take profit on the 0.75
Move stop loss up accordingly with the sar balls.
Take care and please follow if you find useful my idea.
Cheers
XRP On the move!Hello friends,
Our system just gave us a signal for xrp. After examining the chart I saw that is holding for hours the support, the sar balls created a long support line that was unbreached, heikin ashi candles are bullish, price broke out of alligator jaw and dmi just did a crossover.
enter now , set up stop loss @ 0.3936
take profit on the next reversal sar ball or how you find convenient.
good luck
BEL Probably Starting TrendHello guys, I am back after a very long time. This is our first prediction, our signal was given few hours ago and already is up, please wait before enter. Looks like price is going to reverse and start a positive trend. If you enter soon go out when doji candle appear.
Follow me for more free signals and analysis!
BTC down 30% from ATH - Sinks Q1 2022What's up trading fam -- It's been a while since I've posted my last idea!! I'm happy to be back though and I trust that you all have been raking in the wins this year. 2021 was a "refresher" from 2020's chaos, but we're still in for quite the show.
BTC is down roughly 30% since its ATH on November 10th. As I've stated all year that there is a looming bubble to be popped across most, if not all U.S. asset classes (e.g. Real Estate, Crypto, Stocks, Indicies, and more). With the dawn of the Omicron variant of the COVID-19 virus -- EXPECT THE UNEXPECTED!!
I submit that we will see these asset classes will have their day of reckoning in the first quarter of 2022. There is no $BTC @ $100,000 in 2021, let that go. I don't even think Amazon accepting it would save it from this crash. El Salvador is in the red (random but LOLz) .. This will be the greatest reset of human history (whenever it pops). Remember, we've passed the matter of "IF," it's all about "WHEN" now.
Anyways don't inject hopium and follow for more wins! Share this idea with a friend!! I need 200 followers by 12/31 !! 40 more to go :)
-Stay Ri$ky
Long FBP.E 333.26
S.L 302.55
T.P 395.57
In this analyse we can see how the movement of the FB stock is inside a channel, and now we are in a lower spot. Adding to this, the fundamental Analysis suggest us that FB is waiting for the quarterly earnings, that are in a good forecast today.
For the technical analysis part we can see that we have a big volume in the pre-market inside. The two indicator with their convergence show that a change of trend is possible. However we aren't now to enter in the market but the volume that will be generate at the starts of the session of today can delete our position.
BE CAREFULL
no financial advise
RENEWE LONG (RENEWE ENERGY GLOBAL PLC)s.e 10.38
s.l. 9.56
t.p. 12.43
The graph shows an important bull trend, the indicators divergence like MACD and SMAs show how we are not yet in the best position of entrance so we have to wait in order to clarify the message of indicators. however the sentiments is quite good on this company so a long position is good to do, that's why the stop loss is so closed.
no financial advice
Long BIGC above 60.88Long BIGC above 60.88. Sleeping Alligator .
Daily chart shows a sleeping alligator printing now three fractals around 60.88. Ready to open its mouth.
AC is also increasing on the weekly chart.
Weekly balance line is right now at 65.65. If price crosses it we could see a larger run to the upside.
NASDAQ:BIGC
Gold is is trading in a Descending Channel.Gold is clearly at the top downward sloping resistance of a descending channel, it'll be interesting to see if there's enough bullish momentum to break out of the pattern formation...
If not, look for an entry at the bottom of the channel if the gold price starts to see overwhelming bearish pressure.
The Williams Alligator is getting tighter and starting to turn upward, which is inherently bullish. You want to see the bands widening and pointing in one specific direction for bullish or bearish confirmation of a trend, when the bands start getting tight it's an indication of a reversal or indecision among market participants.
The blue line on the DMI is starting to rise and if we see it cross over the other two lines in the upcoming weeks/months it will be very bullish. The last time the orange line on the DMI crossed over the red on a 5-year chart was right before the recent bull market started in late 2018, I have placed a green finger to display where I am referencing.