Centered Oscillators
Mad hidden divergence on the 8 hour DOGE chart 8 hour Doge chart has hardcore hidden divergence on the MACD and the RSI. It either needs to turn up fast and hard or it will probably continue to come down to $0.26 or lower. My thoughts are lower maybe even to $0.24ish to be make up for this divergence. Another possibility is that this will be the last Dip before the big run and will be a wonderful buy opportunity!
Ascending Triangle and seems to be breaking!After spooky coiling movement the last 8 hours, it seems like we are on the cusp of a break up or down, but its very vague as to what the market wants.
This triangle could be a good indicator, if it breaks down we are in trouble, probably down to even 43500. Stoch RSI could cool down and hopefully the greed on the market also.
On the other hand if we break up I could easily see 55k happen in no time, lets hope we get a move soon, I want to sleep. ;)
BAT with explosive moves today! Here is my point of viewBAT/BTC, which is an amazing pair to trade, has very recently made some extremely bullish and wild moves. Keep an eye on the 30-min or 45-min MACD, and its quite possible that
instead of crossing bearish (Signal line down over MACD line), the lines, which are currently pinched closed, will open up again and it will take off and make another upward run.
What does it mean when the MACD line and the Signal line open up? This means the start of an increase in momentum.
Here is the chart, so I can show you what I'm describing:
ADA, To face a strong resistance, We are prepared in advance !ADA made a new All Time High? does it go Higher? It will face some problems soon.!
ADA is facing a strong resistance zone around 2.6 to 2.85 USD while BTC is facing 51000 resistance. A possible considerable decline may be on the way soon in whole cryptocurrency market .
Mentioned decline may at least push down ADA back to 1.6 to 1.8 USD corresponding to 0.618 and 0.5 Retracemenet Fibonacci levels respectively. More decline may happen but we just simply skip that scenario for now. Should it need any update we can do it later.
Both MACD and RSI indicators show strong bearish divergence with price. This is a considerable bearish warning which is certainly worth to be considered.
We are prepared in advance and never get shocked by the market.
Good luck my friend.
GBPJPY 23-27 August Weekly outlook and Trade PlanGBPJPY
1- Monthly looking heavily bearish and the close of this monthly candle will be very important for the bullish structure as if we closed below 151 this will be a confirmation for break of structure.
2- Weekly solid bearish close 2 support levels 151.50 and 149.70 confirming bearish momentum continuation. Currently GBPJPY is at the weekly range low since March 21 which is a critical zone that price always bounce from. A close below that range will confirm that the bullish trend is over and we could be preparing for a deeper correction to the down side, also that close will lead the monthly candle to confirm break of bullish structure. On the other side, a support formation above the weekly low will be a counter trend trade opportunity for longs on anticipation that the previous rejections from the weekly low are still in play for a move to the up side that is limited to 151/151.50 for the current bearish momentum continuation.
3- Daily structure continuing the bearish momentum that was built up during every bounce from a new low created. A resistance formation below the weekly range low will be required for shorts targeting 147.40. A higher support formation above 149.65 will be required for any pullback to 151/151.50.
Currently I’m looking for the following opportunities:
1- Possible longs on support formation above Weekly lows targeting 151/151.50
2- Possible shorts on resistance formation below weekly lows targeting 148.30/147.40
News:
This week we have important news for GBP only on Monday by 9:30 and JPY on Wednesday and Friday. Map your news time in your daily plans.
Weekly Chart:
Daily Chart:
SUSHI/USD looking good to me... Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... At this time, I do own a small amount of this coin!
I'm looking at the daily chart and putting on my version of the RSI, and yes, it has a lower lowered, but it's still hodling the overall trend. With my version of MACD, it's still red, but I'm looking at the bars at the top, it's popping out of the "Linear Regression," my look back is the last 100 days and 10 days, and I'm using Linear Regression as support and resistance.
And looking at the 1H chart, it looks even better to me!
Looks like there is more blood to come on Bay St Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI.
Since the 11th, it has been heading down very fast, and with my version of MACD, it's still looking like it's not slowing down for at least a couple of days.
And using "Linear Regression," my look back is the last 100 days and 10 days, then 10 days is heading lower of the 100 days, and I'm using Linear Regression as support and resistance.
BTCUSD H4 provisional Short13CCI tlbUpdate comment on previous post showed H1 short signal 46,000/ This H4 chart is marked with what will be a short signal if barclose is still crossing down thru up tl. Im going to bed.
Note support only 2-4000 below if you short. Stay nimble for long signal when CCI crosses up thru down tl
Ethereum ObservationHello Traders! I just wanted to post a quick idea on an observation I had. I am an engineer first, and a trader second, so this obviously isn't financial advice. Anyways, onto the idea!
I've been working on an indicator for a bit, and have come up with a moving average formula that seems to help predict price movement a bit. I am still in the testing phases of this indicator, so I'm not entirely sure on the validity of these findings yet. I will say however, many of these discrepancies in moving averages have played out as predicted.
The idea should be pretty self explanatory by viewing the attached picture. The main picture will be based on the 1D chart. I will also show a follow up chart based on the 15m chart to show examples of the ideas in motion.
Thanks for reading! GLHF! NFA!
MATCH THAT MONEYToday I will be analyzing Match Group. For everyone who doesn’t know this company, they are creating and managing many dating platforms one of their well-known is Tinder. Cash flow comes from subscriptions (like Tinder Plus) and other services.
Buy Signal
-support at 129.46$ (3 times)
-daily RSI oversold area
-daily MACD indicates slowing selling pressure
-current price is below analyst estimates ->>> TipRanks: „The average price target is 175$ with a high estimate of 190$ and a low estimate of 148$.
-Bumble (same industry) reported a good quarter a few days ago-> positive momentum
Sell Signal
-under the SMAs
-RSI/MACD weekly+monthly indicate a downtrend!!
-misled earnings by -15%
-potentially Delta-Virus results in new lockdowns
Conclusion
I think this is a great company with a nice discount, in addition, the Wall Street/analysts like the stock too if we look at what %-rates the stock recovered from the March Lows that makes total sense.
So, I would be willing to buy at the support of 129.46$ (109,90€) with a tight stop loss of 122.18$ (108.82€) and a price target of 145$ (123.06€) which would be a +11.79% return. This number is approximately the mid of the parallel channel but at the same time I took it because of the past reaction contacted support line where it every time bounced 11.79% up in just 3-4 days which indicates the importance of this line.
AUDNZD Falling wedge pattern and difference 😎😉analysis:
-on 1D time frame we show a difference on MACD and a Golden Cross
-on 4H time frame we show Falling wedge pattern
and show a difference on MACD and RSI
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom , Head and Shoulders , and others.
Targets:
TP1@1.05330
TP2@1.05900
TP3@1.06400
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#EURUSD differenc to where 😉👌analysis:
-on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross
-on 4H time frame we show a bearsh channel I think it could break up that channel
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom, Head and Shoulders, and others.
Targets:
TP1@1.18400
TP2@1.18800
TP3@1.19000
For more analyzes and our encouragement do not forget:
-Follow us
-Support us with the like button 👍
-Write a comment
RSI (How To Use It)Relative Strength Index (RSI)
Description
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.
How this indicator works
1) RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the Forex pair. For example, if a Forex pair is repeatedly reaching the overbought level of 70 you may want to adjust this level to 80.
Note: During strong trends, the RSI may remain in overbought or oversold for extended periods.
2) RSI also often forms chart patterns that may not show on the underlying price chart, such as double tops and bottoms and trend lines. Also, look for support or resistance on the RSI.
3) In an uptrend or bull market, the RSI tends to remain in the 40 to 90 range with the 40-50 zone acting as support. During a downtrend or bear market the RSI tends to stay between the 10 to 60 range with the 50-60 zone acting as resistance. These ranges will vary depending on the RSI settings and the strength of the Forex pair or market’s underlying trend.
5) If underlying prices make a new high or low that isn't confirmed by the RSI, this divergence can signal a price reversal. If the RSI makes a lower high and then follows with a downside move below a previous low, a Top Swing Failure has occurred. If the RSI makes a higher low and then follows with an upside move above a previous high, a Bottom Swing Failure has occurred.