Exponential Moving Average (EMA)
The Moving Average Explained !!! Hello everyone , as we all know the market action discounts everything :)
A lot of people asked me about the MA and how to use it so i prepared this video for you guys explaining it please enjoy .
or if you prefer to read :
what is a moving average : its a simple technical analysis tool that smooths out price data by creating a constantly updated average price..
we use it to to create sell and buy signal (if the price is above the MA then it’s a buy signal , if the price is below the MA then it’s a sell signal )
Now lets talk about the different types of moving averages :
1_ the simple moving average (SMA)
2_ Exponential moving average (EMA)
Notice that the simple MA line is slow which means if the trend moves quickly its gonna take time for the simple MA to move and this is a problem called LAG , but the Exponential MA (EMA) tries to solve this
The EMA is the same as the SMA except it gives more weightage to recent price action
What does this means , it means when the trend changes quickly so does the EMA , the response time on the EMA is much faster then the SMA
So what if we combined them both to try to understand where sell and buy signals are . That’s called a crossover
3_weighted moving average (WMA) it simply combines the features of the SMA and the EMA
Its basically like a hybrid car it uses electric engine and a diesel engine so it has both of the two worlds ,, how ever the WMA is not as poplar as much as the SMA and the EMA
And that’s it now u guys have a better idea on what is a moving average is and its different types
Make sure to Follow and Like for more content
If you have any questions please ask
Thank you for reading & watching .
VeChain - A traditional analysisA look at the VeChain Daily Chart using some traditional methods.
VeChain is still below its Bollinger Bands Middle Band Basis 20 Period SMA on this daily chart.
VeChain is still below its 50EMA level on this daily chart.
VeChain is in a Descending Channel (Dotted Line) on this daily chart.
VeChain is also in an Ascending Triangle (Dashed Line) on this daily chart. The Ascending Triangle has a small upwards trend-line and a potential longer upwards trend-line. We can expect strong resistance at the resistance of the Ascending Triangle. We need the upwards breakout to be on strong volume and if there is a retest after the breakout, that resistance needs to be turned into strong support.
Volume is still relatively low on this daily chart and the Volume Bar is still below its Volume 20 Period Moving Average.
VeChain is still below its Volume Profile Visible Range VPVR Point of Control (POC) for this charts visible range.
VeChain is above its Volume Profile Fixed Range VPFR Point of Control (POC) for the range i have selected. VET needs to stay above this level.
The Moving Average Convergence Divergence (MACD) is showing the MACD Line (Blue Line) is pointing upwards and the Signal Line (Orange Line) is pointing sideways. So we may see the MACD Line cross back ABOVE the Signal Line on this daily chart which would form new Green Histograms and is a potential buy signal. A full Bullish trend is confirmed when the MACD Line crosses back over the 0.0 level, this will be a signal that a 12 Period EMA has crossed back above a 26 Period EMA on this daily chart and would bring the MACD into the positive zone.
The Relative Strength Index (RSI) is showing upwards momentum has increased and note that the RSI (Purple Line) is above its 9 Period EMA (Orange Line). The RSI is showing that VeChain has a huge amount of room to move up before becoming overbought.
You all know how passionate i am about VeChain and it's future in the world of Blockchain. There is a possibility that VeChain might drop more within its Descending Channel before any potential breakout, so any dips should be used to accumulate more for your Dollar Cost Averaging (DCA).
I hope this traditional analysis is helpful with your trading and hodl-ing.
EMA200 and EMA50 are probably not crossing in June--Target 45KFollowing the slope of EMA200 to check if we are in the bullish phase or bearish phase.
Currently the slope of EMA200 is slightly sloping upwards.
Next target is 45K on BTC then a check of the EMA50.
Absent world events like a cyber pandemic (internet is vastly shut off) I suspect that BTC is onwards to the path of $100K in 2021.
Even if vast parts of the internet are shut off, the spot prices for BTC might still be high on the remaining P2P markets.
Doge; 200 daily EMA In my last doge post, I stated what we needed to do in order to continue upwards but, if doge couldn't achieve those said goals then we were to meet the 200 Daily EMA.
WELL, here we are! At the 200 Daily EMA after doge failed the box phase. 📦
Expect volatility now which could be good for swing trades.
I'm looking for DOGE to recoup big off the 200 with a higher low povit incoming but ain't gonna be hasty just yet.
I'll make a new phase to study soon but for now,
let's see what happens!
BTC is STILL BEARISHBitcoin is in very important situation.
It has the resistant area of 41k to 42k ahead and also EMA-200 an daily chart.
EMA-50 is already crossed the EMA-100 downside on daily chart
the RSI indicates that Bitcoin probably is going for lower prices.
in this scenario , the next support level (between 30k and 31k) on daily chart can respond to sellers and bounce the price up again.
So trade whit caution and remember anything is possible.
ETH Price Decline ETH has rejected the EMA 50 and bounced off it at $2378 again
There is also a Death cross appearing on the 50 and 200 EMA...
Now it seems to be breaking its major support and price decline will begin a Bearish market for ETH
It seems that Bullish sentiment could be fading and more accumulation to come as ETH breaks lower support...
Disclaimer:* Not a financial advisor. Please inform your investment decisions off of your own analysis.
AJ Trady 5 min ema and macd strategy.A new strategy that I have developed. Only enter when EMA crosses one of the longer term EMA's + a bullish cross is forming on the MACD. Ideally, you should wait for ema 8 to cross both ema 21 and 34 with a bullish cross formed/forming on MACD. Use alongside normal Support and Resistance for SL and TP levels. If used on crypto I mainly suggest just BTC as alt setups easily ruined by BTC doing what it wants.
ETHUSD 4H timeframe | Bearish buildupMarket in last 24hrs
ETHUSD broke the support of the Bollinger Bands midline. Historically, in the short timeframe of 4H, ETHUSD has respected the midline.
Today’s Trend analysis
ETHUSD could continue its bearish momentum, and move further downwards towards the lower band of the Bollinger Bands.
Price volatility remained high at approximately 6%, with the day's range between $2559.18 — $2762.91.
Price at the time of publishing: $2580.63
ETH's market cap: $310.94 Billion
Indicator summary signals bearish momentum.
Out of 15 Moving average indicators, 12 are giving a SELL signal.
ETHUSD could be expected to oscillate between the lower band of Bollinger Bands and the resistance at midline. MACD line has given a downward crossover. RSI has furiously descended to 50. Further downward momentum below 40 gives a 'SELL' trigger.
Volumes have remained low in the past 24 hours.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
Feel free to provide your feedback. It would allow me to improve my analysis further!