UK100 - A major breakout imminent?The UK100 is closing in on 7,200 and approaching levels not seen since the start of the pandemic.
This isn't the first time the index has eyed up this level in recent months but in the past it has failed to break through in any significant way - it briefly touched 7,217 a couple of months ago before reversing course - and each time a corrective move has followed.
This has left the FTSE trading between 6,800 and 7,200 since April but that could all be about to change.
While we may see some profit taking on approach, the MACD and stochastic suggest there's plenty of momentum still in the rally that could carry it to levels not seen in 18 months.
If we do see some profit taking, the rising trend line below could be interesting support if the rally is going to continue. A move below this would suggest a larger correction may be on the cards.
Centered Oscillators
A major WEEKLY sign for the bulls on BTCUSDIts so early in the week, so cannot count it as a thing yet... but had to share, got me excited!
WE can see the first MACD green weekly candle foirming on BTCUSD pair.
that would be so nice to see the week close like this in 6 days!
Of course there are many other indicators showing such strength too... feels like the bull run is on again!
BTCUSD H1 38.2% retrace near Long 13CCI trendline breakPrevious post Short is still in effect for H4 timeframe, but will have a Long signal when 13CCI crosses up through a down trendline.
Because any move up from the 38.2% retracement off Jul 20 upmove could be powerful, I'm showing the earlybird H1 view of CCI showing divergence, and likely being within a couple of hours at the earliest, of crossing up thru down trendline. Aggressive scalpers probably went long at the touch of 38.2% retr.
BTCUSD H4 13CCI Jenner's Diverence Corollary Nimble SH4 BTCUSD has met the 3 requirements for assessing with high probability, that a high is in. These have been posted many times and are shown on this chart
However, I have never evaluated the steps on such a volatile product as BTCUSD. What I have said is that if the first 2 steps are completed, but not the 3rd, then we start over at 1) looking for a 3CCI diver.
Here, the steps completed, so signal normally is there. I also said that it s fine too wait to short until 100CCI also crosses down thru CCI +100.
The major thing to be aware of now is when the next Long signal occurs.As you know, It wil be when 13CCI crosses Up thru a down tl.
The MACD explained ! All you need to know about it Hello everyone, as we all know the market action discounts everything :)
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In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a trend-following momentum indicator (so a momentum indicator is a technical analysis tool that allows us to determine the strength or weakness of a stock's price movement )
There are a lot of people that use the MACD when they analyze charts because it's very simple and it's very good but I always say never just use 1 indicator to analyze a chart, always try to use at least 3 this way u can make sure that the result is more accurate and the market most likely to move as u analyzed.
let's look at the theory behind the MACD before looking at a real-life example and how to identify buy and sell signals using this indicator :
The typical settings for the MACD are 12 26 and 9.
The MACD consist of 4 parts :
1) Zero line
2) MACD line
3) Signal line
4) Histogram
We start off with our zero line and this is where the MACD line and the signal line move around and basically so if the MACD is trading above the 0 line then it's bullish and if it's under then it's bearish.
Then we have the MACD line and it comes from the 12 26 section, and it gets calculated by subtracting the 26 EMA of the price out of the 12 day EMA of the price.
And after that we have a second line that gets plotted from the 9 section so basically, it’s a moving average for the MACD line so it tries to smooth the MACD line and give us some signals and it's called the signal line.(it's called a signal line because that's where we get our buy and sell signals from)
So on top of that, we have another part in this indicator which is called the histogram. So this histogram job is to show how close these lines will crossover, so when the distance between the MACD line and the signal line is far the histogram gets bigger and bigger.
So how do we use this indicator :
1) Crossovers between the MACD line and the Signal line.
* When the MACD line crosses above the Signal line then its a buy signal (Bullish Crossover)
* When the MACD line crosses below the Signal line then its a sell signal (Bearish Crossover)
2) The Histogram .
A lot of people use histograms as a way to predict when a reversal will occur.
We know that the MACD is a momentum indicator so it can show us when sell pressure is low. And that means it might be a good time to buy. And It can tell you when your long position is about to run out of steam and when you should exit.
3) Divergences between the MACD and the Market Price .
A Divergence means that the indicator is not moving in sync with the Market Price and a Reversal could happen (Note that Reversal trading is risky so please calculate your risks before using this Strategy)
always remember that :
Bullish divergence is when the Market price is going down but the MACD is going up.
Bearish divergence is when the Market Price is going up but the MACD is going down.
I hope I’ve made the MACD easy for you to understand and please ask if you have any questions .
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts and The RSI. links will be bellow
Riot Blockchain Breaks the 50-day SMABitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again.
The main feature on its chart is its jump above the 50-day simple moving average (SMA) on July 26. It’s formed a tight consolidation pattern above the line since. The current action differs from a moment like early July, when it failed to hold above that line.
Next, RIOT’s 8-day exponential moving average (EMA) just crossed above the 21-day EMA.
Third, prices recently tested and held the 200-day SMA.
The other question for RIOT is obviously your outlook for Bitcoin, which just had its biggest two-week gain since March. It’s now making higher lows as it consolidates around $40,000. If prices continue higher from here, RIOT could break its five-month downtrend and head back toward their 2021 highs.
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BTCUSD H4 Short 13 CCI tlbEven with late post for Long, BTCUSD is up 39800-31598 = $8202. There was a tlb for short at the first CCI hook down, but I decided to await retrace to price high to see what CCI said then. So now wehave a CCI divergence and another clear CCI tlb, so I will short here, and be nimble. Long signal will be when 13CCI crosses Up thru a Down trendline
“How To” Video Overview of Indicator “CM_MACD_Ult_MTF_V2”Hello TradingView!!!
-Video Posted on 07-28-2021-
This video is a detailed video overview of the CM MACD Custom Indicator - Multiple Time Frame - V2 Release.
I will post the link to the Indicator within a few minutes after this video goes live on TradingView either in the Link to Related Ideas below, or I'll post a comment below with the link.
Thanks for you patience.
I'm so excited to be back. Please Post and feature requests for this indicator below.
BTCUSD Long 7/20 13CCI tlb BUT no diver yetI hate late posts. Lost hard drive. y/d Jul 20, BTCUSD 4 hr and Daily had 13CCI trendline break signals Long. Fine to have taken those. However, my answer to whether the low is in yet requires
1) first, a divergence of 13 CCI in next price cycle (we don't yet have that)
2) retest of price low (we have that, but need to have it follow the CCI diver)
3) CCI cross up thru -100 following 1) and 2)
Soo, again, going Long on y/d CCI tlb was fine, but my divergence corollary for whether the low is in has not been satisfied by the 3 criteria above.
13 CCI trendline breaks are good trade signals. Nimble works
BCI potential pattern developmentI bought into BCI this year as an inflation hedge and a play on the potential start of a long-term commodities upswing. However, I am generally skeptical of the asset class overall simply because commodities tend to have prolonged down cycles where they drag down the rest of the portfolio and since I think the global trend toward automation is ultimately deflationary.
Since I currently have a stake in commodities, I would like to practice understanding chart patterns with the hope of eventually being able to detect when a prolonged downturn might occur.
It looks to me like either a megaphone or ascending triangle may be developing in BCI. A megaphone tends to be a continuation pattern (so bullish, in this case) while an ascending triangle tends to be neutral. The MACD has crossed above its signal line, which can be a bullish indicator, but the slope is pretty flat right now. RSI is currently range-bound, without oversold or overbought signals. Overall, I'm neutral until more information comes in.
HAIN Impressive DayNASDAQ:HAIN tried and failed to close under the 200 EMA 4 times. Now it has broken the upper trend line and MACD has turned positive with today's outside bullish engulfing bar.
I like it for a buy but I am going to wait to see if we get a small inside day tomorrow because a rest day would make the setup even better.
WHAT IS GOING ON WITH BTC/USDT?There are some parameter we must attend them
1.Volume: as you can see there is a decrease in volume which means one side of the market (Buyers/Sellers) stoped its action and waiting for a good entry point (Doji candles are confirming that)
2.EMA (9/21/50): these EMA's are showing us a strong downward trend
3.MACD: it is under zero line which means there is no support from the Bulls
4.RSi: it is below 50 which means the uptrend is not strong, on the other hand, it is on a line and it can be a good sign for the Bulls
** Short position: for Short position, 1st we must wait till the price break the support zone(31000$ and 28800$) successfully, 2nd we need a huge volume from sellers to confirm the downward trend, 3rd we need support from sellers and whales which we can see it from tall red bars of MACD,4th EMA's mustn't cross each other, in the end, we need RSI to break down the line and go down!
** Long position: for Long position, first thing first we need to break the dynamic resistance successfully (and have a pullback maybe) with a huge volume of Buyers, 2nd we need good support from Bulls which as I said before MACD can show us this parameter, 3rd RSI must break up the resistance and 50 level, 4th EMAs must cross up each other and come below the price, 5th we have to find some candlestick pattern to confirm our uptrend and give us an entry point
Last word: follow news, onchain-data, and whales action
ALICE/USDT has a massive bullish potential!Hi every one
ALICE/USDT
ALICE/USDT is ranging in a broadening wedge it seems and now the price has reached the bottom of this pattern (which is also a strong support for ALICE!) so now it is expected that the price would Increase from this point because of this reasons:
1- the price has reached it's bottom (strong support)
2-on MACD indicator there is a visible bullish sign! the MACD line is about to cross the Signal line upwardly! this is of course a Good bullish sign!
3-there is a Regular Bullish Divergence on RSI indicator as well which is another Great bullish sign as well!
for this particular reasons ALICE has a strong chance of starting a Great bullish run so be prepared for it!
*Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck