Bitcoin One HourAnother gap to fill
Short Term Target 48k
Next Target 54k
Long Term Target 20k
Need to break ATH before considering bullish option, short term trades are better for now.
Bullish outlook next 6 weeks to 54-64k
If we stay under ATH for more than another quarter, then bulls have failed and 20k is probable.
Need to check wave counts.
Centered Oscillators
Bitcoin Two HourLooks like bitcoin wants to head lower before hitting 54k maybe its a good thing, a move a little lower has a good chance to reverse and go to 64k.
Been watching a few possible wave structures play out. I'll make a post tonight with a detailed EW count.
Thanks... also can't post links or talk in chat yet... need some likes.
Bear Market Bounce in Visa?Visa has had a rough quarter as fundamentals weaken in the increasingly crowded payments space. Now it’s rebounded toward areas where sellers may return.
The first pattern on today’s chart is the declining 50-day simple moving average (SMA). The credit card giant hasn’t quiet reclaimed this line but it’s getting close. It could be potential resistance.
Next is the price zone between roughly $216 and $220, which encompasses several potential levels. For example, the peaks of September, November and December of 2020, and the lows of May and September 2021. One or more of those could offer resistance.
Third, stochastics show an overbought condition following the recent bounce.
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DENT recovering pretty well.I see some things that make me think DENT could pump in the short term.
First of all huge ascending triangle, we've broken some minor resistance, but we still have to break the top of the bigger ascending triangle, that will be a key area of resistance.
Thankfully for now, in the 1H time-frame, we've claimed the 50EMA, which is nice, claiming the 200EMA is the next step to get a confirmation of the uptrend. That could take a couple of days and even weeks.
Overall I like what I see, if BTC does its part and keeps holding 50k, I don't think we're seeing DENT any lower than this.
RSI:MACD advanced indicatorgreetings, hope you're doing well and thanks for your likes and comments .
Today i'm gonna teach you how to mix two indicators there's lots of indicators that you can mix together and use them, at this tutorial i'm gonna try adding MACD and RSI .
1_ Once you have added the RSI indicator, you have to open RSI settings.
2_then you have to process the way below : go to settings > go to inputs (its a tab like button above) > open source, select MACD:MACD .
congrats you have mixed these two indicators, but it haven't finished.
3_ after these steps you have to go to style tab > set the upper band on number 66.66
4_ you have to turn of the check of middle band (there's no need to use it;)
5_ then, set the lower band on number 33.33;
well done !
"Guys there is no any %100 true analysis" .
you should buy if the RSI line goes upper than lower band, you can expect growing up the price
you should sell id the RSI line goes lower than upper band, you can expect getting down the price,
thanks for your likes, and comments <3
If there was any questions, i will be so glad to reply to your messages !
Big Pullback in Enphase EnergyEnphase Energy made a big move between early October and late November, ripping from $145 to a new record high above $280. Now after a healthy pullback, traders may start to notice.
The first pattern on today’s chart is the 50-day simple moving average (SMA), which ENPH tested yesterday for the first time since breaking out.
Next, the low was near the stock’s previous highs in January and February. Can old resistance become new support?
Third, the pullback dragged stochastics to an oversold condition. That could also make some investors think it’s due for a bounce.
Finally, ENPH is the largest holding in the Invesco Solar ETF . TAN has been struggling this year following a big rally in 2020. But its 50-day SMA crossed above its 200-day SMA in mid-November – a potentially bullish “Golden Cross.”
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Important Information
TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
$EWCZ looks like it's accumulatingEWCZ Euro Wax Center appears to be accumulating after an ER drop (despite beating). Buyers keeping it above $26, I went long commons because I like the R/R and MACD bull cross / momo turning implying a move to the upside , also closed above 8 and 21 EMAs. Stop loss $25.9, first PT $30.
MACD candlestick strategy on CryptoSo im just introducing this strategy, it aint something special but it's been working for me and im just trying to elaborate my own strategy.
I've been practicing this strategy on CTKUSDT cause i like the project and it's a slow and steady pair, I've tried it also on XRPUSDT and TRX usdt im sure this strategy can be use on other pair and even Forex, changing the % of taking profit and risk slightly considering how much volatile the pair is.
There is only few step to this strategy so it's pretty easy to follow and here it is.
The Setup : I only use one MACD indicator setup at 21-89-9 and one SMMA 150 making it super simple. Finish it by putting the chart on the 5 min and you are all set.
The Rulel: there is 2 types of signal Buy and Sell, you can only buy when above the 150 SMMA and sell when below eliminating some fake signal and trading with the trend.
The Signal is given after 3 Falling bar (when below SMMA ) or 3 rising bar (when above SMMA ) on the MACD Histogram. This is the signal to put a buy or sell limit order. Limit order is important here cause this is not a trading instantly with Market order.
Entry: the entry point is quite simple but a short process cause i haven't find the indicator that could help me with it. Its is not a problem cause it = normally takes less than 30 sec to calculate it. The entry is where the prices has the most amount of candles in the past 160 candles. For me this mean that there is the most amount of trades that has been done at this price ( trading psychology where trader will either close their trade causethe price is coming back to their entry price or opening one cause this is the perfect entry)
Exit For CTK the movement are around 2 % on a winning trade, can sometime go to 5% but those are way less frequent. So my strategy consist on taking a 2% profit and taking a 1% loss making it a 2:1 RR
This is a pretty simple strategy to follow with hard entry, exit and plan. no question ask or doubt in mind, just gotta follow the plan.
Hope this can be helpfull for you and if you got any advice or question don't hesitate.
P.S If you are good at making indicator i could really enjoy creating one that calculate the number of candle at a certain price.
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Cryptocurrency correlation with BTC, ETH, NASDQ and S&P 500This chart is intended to help visualize the possible correlation of a cryptocurrency with BTC, ETH, NASDQ and S&P 500.
It was designed on a daily timeframe.
The histograms are set on two different scales: the darker one on 7 candles and the lighter one on 30 candles.
When the histogram is above the zero line, the correlation between it and the main asset is positive.
Leaders within Leadership (a.k.a. Fish where the Fish Are!)As breadth deteriorates across major indices, managers look to hold outlying leadership. This week it has been performance in tech and consumer discretionary holding up the S&p 500. If you drill into the top holdings of $XLK, the info tech sector, you see selling pressure in Adobe $ADBE, Salesforce $CRM, Microsoft $MSFT and others. There are only a few leaders within the leading sector. Apple Inc. $AAPL and NVIDIA Corporation $NVDA are standouts.
The GoNoGo Chart above shows the trend conditions of NVIDIA Corp.'s relative strength against the tech sector $XLK. Unlike $APPl which has a choppy relative trend, $NVDA has steadily outperformed the sector. In turn $XLK has outperformed other sectors in the S&P of late. With 84% outperformance of the technology sector since the "Go" was flagged in May, NVIDIA Corporation is checking boxes for both absolute and relative performance.
Note, GoNoGo Oscillator(R) is testing the zero line where we will look to find support if this trend is meant to continue. GoNoGo Squeeze(R) is beginning to build the amber grid. The longer momentum is at neutral the greater the likelihood for a high vol move in the direction of the break.
SOLANA show us up movement to next targetHello my friends
for now I want to talk with you about SOLANA
as you see guys market was testing Support(180.1050) Then MARKET began to rise towards the resistance and whats happened he broke it
Now after the break, the market will start to accelerate in the coming days to next target (260.0000)
This is article not financial advice, always do your own research.
If you have any questions, you can write it in comments below and I will answer them.
And please dont forget to support this idea with your like and comment, thank you.
My unique indocatorHey guys hope you are doing well at this idea, im going to teach you my indicator, it's made by MACD and RSI indicators it a mix of two indicators which you can use it for making money !
at first you add RSI indicator to your chart, then you go to the settings of RSI the you face to another indicators you should select MACD ,
as you can see if the RSI line breaks down the higher line the price will get down and reverse , you could take your money to short or long positions , this tutorial hasn't finished yet ,
if i see that you loved this indicator i will teach that fully ,
don't forget that this indicator raises down the risk to lower than %10;
thanks for reading !
XAU/USD: divergencesGold showing us bullish divergence in the price action and both indicators (RSI and MACD)
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal.
On the other hand, whether the downtrend continues, a triangle figure could end up being created.
BTCUSD Daily decision pointsThe chart is marked with three decision points. Two CCI decisions are already short. I had "hoped" price would turn north again around 62,000. I am aa bit concerned now. If price drops thru -38.2% I'll be sidelined.
There are many factors upcoming that you should watch. Generally speaking, markets are positive between Thanksgiving and Year end. But we have a week before that, which may be lower due to options and positioning. Another thing is "proofing day" Jan 3, when some crypto owners may be required to have notification given to the government that they own crypto. I am ignorant about this. another possible effect on price could be a "short squeeze" on companies which have borrowed cryptos at very high interest rates, and may be forced to pay back at much higher prices than they had planned.
I have NO idea your best course of action. Heads up and best wishes
Quickpost on ThetaTheta has finally broken its resistance and I see a lot of upside for the rest of the year, maybe into Q1 next year. I am looking to take profit at about $40 and if/when I see some consolidation patterns I will double up at major fib levels with some of the margin I create in the move.
Quick look at technicals
We are above the SMAs on this break out and the MACD is positive and above the signal line, and both are above zero. Also, the 9 seasons rainbow shows we have established a base and afterwards have established a clear uptrend.
On a higher time frame the volatility indicators suggest we are in a uptrend and we have broken above the 20SMA.
On the 4 hour we can see that the price action has retested the resistance line as support. It may need to retest further but the lower time frame volatility is likewise favoring a uptrend.
Trade Management
I am keeping my stop where it is for now until it seems that the chop around finding support on previous resistance is done then I will move my stop loos to guaranteed profit while I let this run. I do expect more chop around each fib level as we move up but I have a good entry for what I feel is a good RRR on a long shot.
DENT don't panic.As you can see we're still in an uptrend.
Ascending triangle structure is still in play.
The 50SMA worked as great resistance.
Finally we can see that 0.006 has worked as support and resistance multiple times lately, so we can see that's a point were people are interested in buying.
This market correction could be the last one before we head towards the proper alt-season.
$IOST - Bullish Pinbar formed in Daily. Entering LONG#IOST has formed one of the most beautiful chart formations for me, consisting of a Daily pinbar in a strong support zone plus the MACD forming a twist in its MA’s, indicating a strong exchange in market direction.
ADX is super strong also, indicating the strong power of the current trend.
Placing Long positions from right here.
**WILL BE UPDATING**