JASMY is Bullish now & many Traders don't see it !!JASMY managed to break this triangle, but it can't yet be said that the price is bullish unless a few more candles close above the triangle, and then it can be said that the price is bullish.
Price could push the price up to the 0.618 Fibonacci line...
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DOGE What will happen in the short term ?According to my calculations, the price will reach 0.32 in the short term.
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BITCOIN What will happen in the short term ?According to my calculations, the price will reach 94450 in the short term.
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I Cannot Short This !!! situation+next targets.Technically, the cup and handle pattern has broken, which indicates a price increase. The price can easily reach the target goals.. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD.
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NOTHING !!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to FWB:98K or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
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LTC is about To do a Bullish movement!The price can increase again from here and rise up to the measured move.
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Nothing !!!The price is currently within a triangle and will reach the end of the triangle in the coming days. At that point, we should look for a position, considering two scenarios: one is that the triangle breaks upward and the price rises to the 0.382 Fibonacci line, and the other is that the triangle breaks downward and the price drops. However, we must consider the "father" of this coin, Toncoin, which plays a significant role in valuing this coin.
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GMT Analysis - What Shall we Expect !!!The price is within an ascending wedge and this can be a bullish signal for GMT. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days.
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(Update) !!! Daily Chart Analysis (READ)If the price can hold the support line, it could rise to the 0.618 Fibonacci line.
previous analysis
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(Update) !!! Daily Chart Analysis (READ)POPCAT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
Previous Analysis
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(Update) !!! Daily Chart Analysis (READ)As long as the wedge is not broken, it cannot be said that the price is going down, and this is what scares me. So, as long as the wedge is not broken, the price can remain bullish.
previous analysis
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ETHEREUM - Time to buy again!In my opinion, Ethereum is really undervalued in terms of price. My price target for Ethereum is $7000. As you can see, the price is in an ascending triangle, and there is also a bullish divergence on the weekly time frame. This is something that cannot be easily ignored. We can hope that in the new year, Ethereum's price could at least double from its current value.
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The last bullish chance of STX in Mid term!As you can see, the price is in an ascending triangle and is also forming the handle of a cup and handle pattern. Each of these patterns indicates a bullish trend in the medium term. We just need to wait for these patterns to break out to reach the desired target.
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STXUSDT in coming daysHi
Stacks is in an overall uptrend, moving within an ascending channel💁♂️
After testing the upper boundary of the ascending channel, the price pulled back🫠
After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻
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Prepare to fly with DOGE!After this heavy drop, DOGE has now formed an ascending triangle in the Daily time frame, which could be a sign of a bullish trend. Please note that this analysis is in the daily time frame.
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Frankly, I don't feel like explaining, the chart says it all !!The price is currently in a triangle, which could lead to a price increase. Additionally, we have a strong trendline that, if followed, could push the price up to the 0.618 Fibonacci line. However, we need to wait for the triangle to break, as the market currently lacks good volume due to the holidays.
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SILVER Outlook after the Dip. What to expect NOW?As you can see, the price has repeatedly hit the trendline and then increased. This time, the same situation has occurred, so the trendline can be relied upon. Additionally, a hidden bullish divergence is visible, indicating a potential price increase.
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Toncoin Outlook after the Dip. What to expect NOW?As you can see, the price is likely forming a cup and handle pattern. If our assumption is correct, we should wait for this pattern to break out to see a price increase.
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GOLD bullish movement continuesThe FOREXCOM:XAUUSD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
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Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
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Be careful with XLMUSDT !!!The price is currently in a bullish flag or possibly an ascending wedge, which could cause the price to increase and rise up to the 0.618=$0.51 line.
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Moving Average Convergence Divergence MACD A Comprehensive GuideMastering the Moving Average Convergence Divergence (MACD): A Comprehensive Guide
Understanding the Moving Average Convergence Divergence (MACD): A Beginner’s Guide
The Moving Average Convergence Divergence (MACD) is a popular and powerful momentum and trend-following indicator used by traders across various markets. Developed by Gerald Appel in the late 1970s, MACD helps traders identify potential trend reversals, momentum strength, and buy or sell signals.
What is MACD?
MACD is based on the relationship between two moving averages of an asset’s price. It consists of three main components:
MACD Line:
Calculated as the difference between the 12-period Exponential Moving Average (EMA) and the 26-period EMA.
Signal Line:
A 9-period EMA of the MACD Line.
Serves as a trigger for buy or sell signals.
Histogram:
The difference between the MACD Line and the Signal Line.
Visual representation of momentum changes.
How to Interpret MACD
Crossovers:
Bullish Crossover: When the MACD Line crosses above the Signal Line, it signals upward momentum and is often interpreted as a buy signal.
Bearish Crossover: When the MACD Line crosses below the Signal Line, it indicates downward momentum and is often seen as a sell signal.
Centerline Crossovers:
When the MACD Line crosses above the zero line, it indicates bullish momentum.
When the MACD Line crosses below the zero line, it signals bearish momentum.
Divergence:
Bullish Divergence: Occurs when the price makes lower lows, but the MACD makes higher lows. This can indicate a potential upward reversal.
Bearish Divergence: Occurs when the price makes higher highs, but the MACD makes lower highs. This can suggest a potential downward reversal.
Strengths of MACD
Versatile: Combines trend-following and momentum analysis.
Easy to Use: Simple to interpret for traders of all skill levels.
Effective in Trending Markets: Provides clear signals during strong trends.
Limitations of MACD
Lagging Indicator: Since it relies on moving averages, MACD may provide signals after a trend has already started.
False Signals: In sideways or choppy markets, MACD can produce misleading crossovers.
Best Practices for Using MACD
Combine with Other Indicators:
Use MACD with support and resistance levels, RSI, or Bollinger Bands for confirmation of signals.
Combine it with volume analysis to validate momentum strength.
Adjust Periods for Your Strategy:
Shorten the EMA periods (e.g., 8, 18, and 6) for more responsive signals in fast-moving markets.
Lengthen the periods (e.g., 21, 50, and 9) for smoother signals in slower markets.
Understand Market Context:
Avoid relying solely on MACD in range-bound markets where false signals are more common.
Example of MACD in Action
Imagine a stock is in an uptrend, and the MACD Line crosses above the Signal Line while the histogram turns positive. This is a bullish signal suggesting that the upward momentum is strengthening. Conversely, if the MACD Line crosses below the Signal Line during a downtrend, it signals that bearish momentum may continue.
Conclusion
The MACD is a robust indicator that helps traders identify trends, momentum shifts, and potential buy/sell opportunities. While it’s easy to use, its effectiveness improves when combined with other technical tools and a solid understanding of market dynamics. As always, backtest your strategies and practice using the MACD on historical data before applying it to live trades.