XRP Possibly Reversing TrendXRP is steadily rising within the upward channel constricting the price. The price will likely fall from ~$.225USD to ~$.215USD before continuing on this upwards trend. That is only possible if the most recent green fractal is not followed by two consecutive, lower green fractals. In order to remain bullish one of the next two fractals needs to form at or above the last one, marked with a red ellipse.
The price action over the next 5-8 days will show where the price is heading and it would be smart to hedge your positions. I would suggest stop losses, and buy orders, to be placed in the red in case the price breaks the lower bound of the channel and a bearish fractal pattern forms.
The Awesome Oscillator, AO, seems to be forming along with the bullish trend pattern so likely one of the next two fractals will cancel out the possibility of a bearish trend reversal.
Bill Williams Indicators
BTC/USD is a BUYI'm going to buy in here at $8054 and watch for it to break out above that red trend line, then watch for it to pump or fail.
The Williams Fractal is a nice little tool. I think, the longer period, the better this tool is. The way I am using it in this trade (and many) is quite simple and pretty darn accurate. It prints those little red or green arrows in combination with the Ichimoku indicator.
What I watch for in a buy trade is a green arrow to print, while the blue conversion line is above the red base line and the cloud itself is green. If these conditions are met, look to the candle below that green arrow for an entry price point. If you put a buy order in at the high price of the candle you are playing it safer than placing a buy order at the top of the candle body (the open or close price).
In this instance, all three conditions are met: the cloud is green; the blue line above red line; and green arrow printed. The buy order is placed between $8465.41 (high) - $8053.42 (open) and upon the price moving up the order is triggered. If it is triggered then a stop loss is needed and the fractals help find a price point for this too. The way I tend to do it is watch for the next red arrow to print under a candle. The low price for that candle is where to place a stop loss. You can look to the most recent red arrow for an early idea of a stop loss price. In this instance, the last candle with a red arrow is @ $6865 which is nice a low so I will watch for the next red arrow to print for my stop loss price.
Make sure to look at the smaller charts for more accurate movement and price points.
There are a couple other positive indicators that are involved here beyond the three mentioned above... The cloud has just turned green while the blue line is above the red line which is a bullish sign. The candle which the fractal printed on is above and sitting on the blue line which is also bullish.
This is why I am buying now and stop loss at $7815.
Aguarde atingir suporte para voltar ou realizeBMFBOVESPA:FLMA11 é um FII que vem apresentando um DY (dividend yeld) na ordem dos 0,2%, porém uma valorização acima da média. Ele vem em queda nos últimos dias, revertendo a tendência. Se entrou na operação pela valorização no curto prazo e ainda não realizou o lucro, a indicação é de VENDA.
Se está investindo no longo prazo, pode esperar o teste da linha de suporte de Fibonacci para comprar em condições melhores ou investir em outro papel.
DASH/USDT Long PositionDash was depreciating for quite a while now in a down wedge and formed a triple divergence on AO indicator. That is also supported by the divergence on the RSI. The price action formed a nice hammer candle with a good volume spike on the 26th of December. At the same time, the volume was steadily increasing. The strategy is to go long when the highest point of the hammer would be broken by the price with the stop loss of just below the minimum value of the same hammer candle.
Entry: 40.97
Stop Loss: 37.95
Take Profit: 49.56
Bullish Divergence printing that could easily target >11kBINANCE:BTCUSDT one of the most reliable risk/reward setup printing. Specifically, if we do see not only a closing bar above the mid-point. A close on the top will end the day higher than yesterday's close. Re-confirming the initial upcycle with a stronger signal weight and ideally supportive cycle momentum strengthening. That the reported $3 billion ponzi scheme in China that sold off recently on Houbi- will not be able to counter.
Williams Alligator indicando venda, mas preço rebatendoBMFBOVESPA:JBSS3
A JBS (Friboi) está com indicação de venda pelo Williams Alligator, porém preço rebateu na zona de resistência. Isso pode significar que o mercado já absorveu a saída do BNDES dos investimentos da empresa e o preço deve flutuar acima deste patamar.
Porém, especialmente no curto prazo, deve-se observar com cautela se o preço ficará no "canal" de Fibonacci entre as linhas branca e amarela, o que indica compra, ou desce indicando venda até a linha vermelha. Havendo rebote na linha vermelha, o papel entra novamente em compra.
Confusing Market ConditionsThere are two possible outcomes of the recent crash, the same two as always; a further negative price action, or a trend reversal to the upside.
The flat EMA200 is not a very positive omen, typically looks like that when it is about to fall off a cliff with the price.
The horizontal white line is a historic support line (5900-6700USD) and has been tested several times in the past and has only once before been a level of resistance.
The colors represent scenarios, red being to the upside and orange to the downside. Starting from the bottom, the Williams' Awesome Oscillartor (AO) indicates a swing low, which if followed by a higher swing low is a key indicator of a upwards trend that will then show up in the momentum and subsequently the price. However if this second swing is lower than the first that indicates a selloff and will be needed to be followed by a higher swing low to indicate seller exhaustion and a trend reversal.
The confusion comes with that small uptick in momentum diverging from the AO which indicates momentum should still be downwards. Likely just the shorts cashing in from the spike to 10k just 1.5 weeks ago.
The only real question right now however is do you buy now or do you buy in a week? not a bad place to be either way market is going to trend upwards in the long run and we are all still quite early in the game.
Only time will tell.
Will Bitcoin break 9.5K resistance area?Hello crypto friends,
As Bitcoin consolidates in a falling wedge pattern, which usually, but not always, breakouts to the upside, we see a strong convergence on different oscillators .
RSI and Bill Williams Awesome Oscillator show convergence of the price moving to the downside and indicators moving upside. Such action usually tells us about trend reversals which might happen in the future. Concerning the fact that price is moving an a falling wedge with convergence gives a good chance of a quick move up.
But how far can Bitcoin grow in that local uptrend?
First strong resistance will be in a 9.5K area which corresponds to 0.382 Fib Retracement level. Advice for traders: the biggest share of profits should be fixed at this level to enter a break-even position.
If BTC can break 9.5K level then our next targets will be at 10K and 11K levels which correspond to 0.5 and 0.618 Fib Retracement levels.
What will happen next the price will tell.
This idea is not a financial advise, but you probably know that already ;)
SHORT BTC/USDT HARD - The 5 Clear Technical IndicatorsHello Trader!
I hope your trades have been going well and always will.
I’ll keep this short because we're all busy people, here’s the 5 key takeaways in the order that I would weight the advice:
1. Simple MACD indicator just had two large waves of buy pressure in a row and crossed 0 earlier today going down with a signal line confirm. I expect all the buy pressure from last month to aggressively flip over to high sell pressure, starting literally right now. Hit that order button.
2. MMAR is all red. Like, ALL RED.
3. Squeeze momentum looks to cross 0 soon as well, indicating explosive price in one direction or the other. I’d bet a lot on it being a short given the strong signals from 1 and 2. I already did, by the way.
4. Vix Fix is nowhere near the green so needless to say this is not the bottom price. But I didn’t need to tell you that, right?
5. Good o'l Bill William's 3 lines show a downward trend in the near future, but this shouldn't be the point that convinces you.
Yeah, so just open a short right now, check back in the beginning of December: that’s my estimate for when the MACD will cross 0 going up.
We’ll check back in then...
Hit me with a follow if you want more short lists so you can get the important info fast.
Until next time,
Alvin
Oscilator Williams R% in ETHUSDIn the Following chart we can see the potential of williams R% and how it works on the market.
Each time the line below on the williams R% reaches the top or bottom (-20 =-80) we can say its the beggingin of a change of the trend because of the overselling or overbuying price of the market.
As you can see every time the price touches the lower band of the Williams R% we can say that the cripto currency is oversold and hope for a trend change.
As well as if the price touches the highest part which is -20 we can say that the crypto currency is overbought.
Each time that the R% shows us that is touching either side at its maximum we can tell if the market is being overselling or overbuying the crypto currency.
Depending on the chart and the R% we can place orders keeping in mind that is not necessarily have to touch and instantaneously change the trend.
Williams R% indicator on COSTThe Williams R% makes the read of the trend line changes easier. This chart for example, demonstrates that each time the indicator goes over the top in whichever direction it follows, a change of the trend line may occur.
Here, in point A goes from a upper trend followed by the indicator to a down trend immediately the R% shows that the trend changes is happening. The moment the R% shows that the trend is followed then we can place our order.
ETH for the Next Couple DaysHi everyone,
Taking a bit of a guess right now that ETHUSD is forming a bearish diamond diametric, where we currently are beginning Wave-E, taking us upwards again of $190, but likely not higher than $195.
If this in the case, it will take a couple days for this to play out, and then will be followed by a more sizeable downmove, so it's still looking overall bearish for ETHUSD.
Not financial advice.
Will the snake fall off from the rope?Hello Traders!
Decisive moment for the Bitcoin or long time of accumulation?
Looking for final confirmations short/long:
Price: defend or brake the upward trend line
DMI - ADX boost needed for declare movement direction
BB - squeeze break needed
AE - momentum increase needed
Alligator - ready for eating some candlesticks after defend or brake the upward trend line
Roger out.