Major trendlines on RSI and CMF on QNT/BTC 12H chart.
Step 1 CMF falls from +15 to -15 in straight line Step 2 CMF slowly moves above zero line & no new swing highs made Step 3 Sell at candle close when CMF breaks below 0 line Step 4 SL above a fractal high Step 5 TP your choice - or when CMF crosses above 0 line
Volume, CMF, and MACD are all showing signals of lower trends while price continues to climb. I expect resistance, followed by continued declines in price.
Below are some keypoints to support a positive breakout from the falling wedge. Also check details on "Falling wedge reversal pattern". Falling wedge signs - A cone that slopes down - MACD positive crossover - MACD positive divergence - CMF positive crossover 0.0 - Volume increase - TD counter is at 9 for the weekly Maybe we go back down one more time. But Its a...
Uptrend confirmed after a nice 10 week consolidation. RSI and CMF indicate there is plenty of room to move towards target.
ICX/BTC is currently showing some bullish divergence on the 4-hour RSI, CMF, and Stochastic. ICX recently fell below it's fib level support at 1047 (.618) so that is an area of concern, but the indicators are pointing to some upward momentum that will possibly reflect in the price action here before too long. I will be watching the 4-hour EMA's (50, 100, and 200)...
XLM/BTC is show-casing hidden bullish divergence on the 4-hour RSI and CMF. I expect the Stochastic to start showing it soon as well. As the price has made a Higher-Low, the Indicators have made Lower-Low's. I made a previous analysis on XLM stating to short from 3915 and reenter at 3730, and that has played out to near perfection. We are currently hovering around...
OCN/BTC is showing some hidden bullish divergence on the 4-hour RSI and CMF. As you can see by the white trend lines, we made a higher low with the price, but a lower-low with the indicators, show-casing classic hidden bullish divergence. We are already seeing the price start to move to the upside. Liking the way this trade looks so far. Do keep an eye on Bitcoin...
Good morning, traders. Bitcoin spent the weekend moving sideways as suggested on Friday and we are nearing a likely large movement one way or the other. The question is, are you ready? Have you prepared for either move? Do you have a plan in place in case price moves against you? And what if it's a shakeout - strong move one way and then the other? These are the...
You are late to the party at the moment, but not too late yet. There is a long term uptrend on ZEN that just had another higher low at our recent bottom. Lower time frames look like we should get a retrace, but have formed bullish trends on multiple indicators. 1hr CMF - just with bullish pattern though still negative, OBV in an obvious bullish trend and has...
Cup and Handle on the 4HR breaking out with C.M.F spiking positive buy pressure. While the volume might have decreased, I expect volume to kick in if the cup resistance is broken. Target for the Cup and Handle coincides with previous S/R lines. 2-3% Swing possible. Thoughts?
Hi Guys! We are back with bunch of good information regarding ETC. As you already have heard Coinbase (digital currency exchange and wallet headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide)...
Again for all the Bulls out there, I applaud you for the optimism but CONFIRMATION is CONFIRMATION. My confirmation of this bearish trend reversal is the Daily Ichimoku cloud break. (Senkou Span B or Lead 2 seen below) Daily (below) with Ichimoku, 50 & 200 MA. As can be seen we rest on the Senkou Span A (Lead 1) which has also wicked off of the Base Line in...
The title really says it all. Just something I noticed. Few coins' price increases correlate so strongly with both steep increases in CMF, especially when the .2 barrier is broken. I won't claim bitcoin will see a new ATH in the next month or two, but this is one of the few indicators that seems to be turning bullish again. Keep in mind that the weekly MACD is...
Seeing some small divergences on the OBV, MACD, and RSI the last push on the Bitstamp BITSTAMP:BTCUSD and Bitfinex BITFINEX:BTCUSD 15 minute. TD count shows a exhaustion cycle coming to an end soon on the 15 minute but exhaustion cycles have been unreliable on ₿TC lately. Hourly and and higher time frames don't show the divergence but do show that a cool down...
LTC/USD PAIR BITFINEX:LTCUSD wicked off of the first fib level, completely normal in my opinion. The Chalkin Money Flow (SURPRISE SURPRISE volume indicator :D) showed a decrease in buying pressure as the price moved up, creating a 100% predictable cool down and pull back. I don't expect LTC to come down too far before stabilizing. If the volume picks back up,...
This is a running thread for ₿itcoin BITFINEX:BTCUSD updates and thoughts. The idea here is marked as long until we are out of a Bull market, then the trade will be marked as "closed". Shown above the Weekly Tom Demark Sequential shows we are at a 8 count on the trend cycle, the close of that candle happens tomorrow. Regardless of the bearish divergences seen...
This is a running thread for ₿itcoin BITFINEX:BTCUSD updates and thoughts. The idea here is marked as long until we are out of a Bull market, then the trade will be marked as "closed". Weekly Tom Demark Sequential shows we are at a 8 count on the trend cycle, the close of that candle happens tomorrow. Regardless of the bearish divergences seen at $7,900 levels...