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Bill Williams Indicators

Bitcoin – crash after short squeeze Hello, everyone! Bitcoin continues to show the weakness of the current uptrend, but I can see that a lot of shorts have been executed. I suppose we have to see another one final local pump to liquidate all these positions. Moreover the Elliott waves analysis approach tells us the exact target for the potential short trade. Let’s take a look at the 4h timeframe of the BTCUSDT chart on the WhiteBit exchange. The local parabolic growth is the my favorite formation because it is the 100% sign of the wave 3. What should we do when we see the wave 3 – the correct answer is to wait for the wave 5 end to execute the short trade at the top. Our strongest tool in wave 5 defining is the Awesome oscillator divergence. We can see this potential divergence. The 0.618 Fibonacci extension level shows us the potential wave 5 target – $25k. The price will reach it within couple of days after that the abc correction is anticipated. I want you also to take a look at the 4h fractal key level = $21400. This is the uptrend protection level at this moment. If we will not see the $25k in the next two days. We can wait this levels to open long position. This is my plan – open short at $25k or/and open long at $21400. Good luck!
by Skyrexio
10
Bitcoin – time to dump!Hello, everyone! Yesterday I sold half of my Bitcoins. Now I have only 10% of the deposit in BTC according to my tradevesting approach. I think that we will see lower prices, let’s try to explain why. Let’s take a look at the BTCUSDT chart of the WhiteBit exchange. I marked the liquidity zones with the red and green color. We can see that last couple of days the Bitcoin have been collecting liquidity above the daily fractal level. Now there are no reasons anymore to grow. If we will see the more pump only to collect liquidity at the $32k. This is the reason why I have 10% of deposit in BTC now, because nobody can know where the price will be in the future. Another one bearish sign is the lack of supply bar which was formed yesterday. It is the bearish hammer candle with the relatively low volume. Also we have one insufficient bullish sign. The Williams alligator turned to the bullish state, but it has not make sense in it’s own. This indicator works nice only with the Elliott wave counting, but there wave 5 is absent. Because I am not a guru of Elliott waves, I will buy Bitcoin at the red (balance) line of the alligator, but my main scenario is the collecting liquidity below $17k. Good luck!
by Skyrexio
6
Bullish Sign ?Yo Guyzzz.. think this Matrx oscillator is tellng us something !! In my opinion, this could be a sign of an upswing, wt do u think ?? I think this is a valuable sign even though this is the weekly chart.. It would be great to write me your opinion about BTC coming weeks stats.... Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information.
BINANCE:BTCUSD
by Meyroon
Bitcoin – eyes on this key level!Hello, everyone! Bitcoin continues sideways with the multiple short squeezes. Will it finally go to the downside to $15k or we will see the bounce? Let’s look in details! Let’s take a look at the BTCUSDT chart of the WhiteBIT exchange. I applied the Williams fractals indicator to the chart and marked the key fractal. This fractal defends the downtrend on the 4h timeframe. it’s breakout (with the obligatory candle close) will lead to local trend change to the uptrend. In case of successful breakout I anticipate also the trendline resistance breakout. It means that the huge triangle will be broken to the upside with the final target of $25k. We can see that this key level is associated with the multiple rejections to the downside. If we will see another one rejection, there is a high probability to see the trendline support breakdown with the $15 final target reaching. Now I have only the tradevestment part of deposit in Bitcoin, it’s approximately 20% with the average price $20500. The plan is following: if we will see the key level breakout I am going to open the speculative longs and close all position including this 20% at the $25k. The breakdown to the downside is more profitable for me. In this case I will buy Bitcoin below $17k for the 50% of deposit and close at $29k. Good luck!
by Skyrexio
4
EURUSD UpdateI mentioned earlier that I missed my entry this morning, but this is how my trade would be progressing. This is the "trend mode" setup to my automated strategy I'm working on, I rely on the alligator as well as a slow and fast ma with dynamic profit targets (in pips) projected below the fast average. Entry comes when price is within 20 pips of the jaw line. In short positions take profit automatically if price closes the above the fast ma or if price touches the lowest profit target. This looks like yet another 60-70 pip win, which would have made close to 200 on the week. This strategy is really promising.
by NeoDaNomad
#EURUSD it's possible to buy#EURUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.03361 Next Zone area & horizontal swing Low support 1st Resistance 1.08609 Zone area & horizontal swing high resistance
Long
by Skandhatrade
You Cannot Ignore This Signal For Market BottomHi friends hope you are well and welcome to the new update on Bitcoin. Bitcoin's history shows that, whenever it breaks down the weekly Ichimoku cloud then from between the cloud and the weekly 200 simple moving average, it starts the next mega bull run. But this time there are two major supports that are not letting Bitcoin to test the weekly 200 SMA after breaking down the Ichimoku cloud. Now another indicator is signaling a major Bitcoin bottom, while it BTC at the support of wedge.
BITSTAMP:BTCUSDLong
by moon333
Short CAT @ 205.53 Fractal BreakoutCAT crossed downward the last daily fractal of 202 on may 10. One day after, there is still a red zone bar, bearish divergent that provides an improved opportunity to enter. Williams theory dictates that a Blue Light special would be entered after crossing the las lowest low, this would mean tomorrow (may 12) crossing below 203. 59 (todays low). Im shorting today however, at 205.53. First confirmation would be crossing below 203.59 and then below 202 again. Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.
NYSE:CATShort
by ownsov
Long HOG above 40.87HOG just broke the latest daily fractal of 39.14 to the upside. Entry 1 above this price. Adding 5 when and if price goes above the weekly fractal of 40.87. Remember that the Alligator tells us when to enter and exit. Stop loss is the Alligator's Teeth (red line). It is also the last exit point when the trend ends. First exit may be the lowest low of the fifth consecutive green bar (zone bar). Chart shows only last short position, which was closed and reversed to the upside.
NYSE:HOGLong
by ownsov