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Exponential Moving Average (EMA)

VeChain - 1D Chart Analysis UpdateVeChain 1D Chart Update: VeChain is still below its Bollinger Bands Middle Band 20 Period SMA. Note that we have expansion of the Upper and Lower Bands indicating increased volatility but on the negative side. VeChain is still following the its Major Downwards Trend-Line and is having real trouble crossing above it. If you are long then a breakout and successful re-test of this level as support is crucial. VeChain is getting very near to its Major Upwards Longterm Trend-Line. We 110% do not want VeChain to close a Daily Candle below this level. VeChain is still on the upper side of its falling wedge pattern. I have added some support areas if VeChain breaks below its Major Longterm Upwards Trend-line. Note that the overall Volume is still low on this daily timeframe 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 I’ve selected. The Moving Average Convergence Divergence (MACD) is indicating trend momentum is sideways but note that it looks like we may see the MACD Line (Blue Line) cross back under the Signal Line (Orange Line) which would be a sell signal for most traders so we may see another downwards drop that would also create Red Histograms indicating sellers are in control. Note that the Green Histograms have also decreased in size indicating a weakening of buying strength. The Average Directional Index (ADX DI) is showing the downtrend has gotten stronger with the ADX (Yellow Line) rising to 28.42 and back above its 9 Period EMA (White Line) which is at 27.22. Note that the -DI (Red Line) has actually dropped sharply to 20.61 but is still below its +DI (Green line) which is at 9.25. So even though the -DI (Red Line) which is Negative momentum has dropped, the +DI (Green Line) which is Positive Momentum is still showing a big lack of upwards strength at the moment, but note it has not dropped as sharply at the -DI (Red Line). The Chaikin Money Flow (CMF) is indicating accumulation has actually increased with the CMF (Green Line) rising from -0.03 to +0.03 in the accumulation zone. Note that the CMF is back above its Least Squares Moving Average (LSMA) (Blue Line) which is at 0.00. The Relative Strength Index (RSI) is indicating momentum is downwards at the moment, The RSI (Purple Line) is below its 9 Period EMA (Yellow Line) indicating strong downwards strength. Note that the RSI is getting very near the Oversold Zone on this 1D timeframe so be on the look out for any divergence between Price and the RSI for potential reversals. From my perspective, at the moment for VeChain and the whole Crypto Market, overall traded Volume is still low indicating a possible lack of big institutional money. Remember that retail money doesn’t move the market, big institutional money does. Note that it is the institutional money that is put in after they have accumulated their assets that moves the market up, not in the accumulation phase. If VeChain breaks downwards through its Major Upwards Support Line and closes a daily candle below it, then there is a possibility VeChain may drop to $0.035. Note that even though Volume is Low, crypto assets are still being accumulated. If you are waiting to go long on VeChain but need confirmation, then a breakout of the Major Downwards Trend-Line and a successful re-test of it as support is what you will need to wait for. After that, another is a breakout and support test of the Bollinger Bands Middle Band Basis 20 Period SMA. If you are Dollar Cost Averaging (DCA) & if VeChain breaks downwards through its Major Longterm Upwards Trend-Line, then there could be really good opportunities to acquire more VeChain at a cheaper price. The Falling Wedge could indicate that we are coming to end of this downwards pressure but we could see a re-test of $0.058 before a potential breakout, but remember that we are at the mercy of BTC so we have to keep an eye on what Bitcoin is doing as any new potential drop with BTC will effect all alts as well. I hope this is helpful with your Trading and Hodl-ing.
BINANCE:VETUSD
by TradingThroughTheLens
4
BA Filling Out Huge Triangle1. Boeing is filling out a huge triangle, with the base formed by the 75% price drop from March 2020. It has consistently tested the bottom leg of the triangle and responded with strength, each time reaching the top leg of the triangle. The triangle is narrowing around current price, and a break to the topside would yield significant upside after this long consolidation. Repeated strength at the bottom leg is significant to the bull case, and currently indicates upside strength. 2. There was a fake breakout of the triangle in March of 2021, forming a small peak at 260.00. A few months later, price touched the top of the triangle at 258.00. The next target on the triangle is around 262.00, so the resistance range is 258.00-262.00. 3. Price just tested the bottom leg of the triangle, and the 200 EMA (blue) has fallen out of the triangle. For the bull case, the 200 EMA needs to cross back into the triangle for confirmation of a continued uptrend. Following this, price should test the top of the triangle and continue to fill it out. Earnings at the end of the month could weigh heavy on price, and a positive report can break the triangle to the upside.
NYSE:BALong
by desai0820
1
ADA - Lets look at the weeklyADA a look at the Longterm weekly chart ADA is back above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1W timeframe. Note that the Lower Band has fully contracted upwards & the direction of the Upper and Lower Bands is now sideways for this 1W timeframe. ADA is well above its 50EMA for this 1W timeframe. ADA is still safely above its Pitchfork (A,B,C) Median Line. Worthy of note is the fact that ADA has NOT closed a Weekly Candle Below its Upper Yellow Pitchfork Support Line for 21 weeks in a row. Notice that Volume is still relatively low for this 1W timeframe with the Volume Bar still below its Volume 20 Period Moving Average. Note that the Volume MA is also dropping because of the drop in weekly volume. The Moving Average Convergence Divergence (MACD) is showing the MACD Line (Blue Line) is still below the Signal Line (Orange Line) and has created 4 Red Histograms so far. Note that the MACD is a momentum and trend indicator so the MACD level can drop with prolonged sideways momentum as we are seeing here. Note that the MACD Line (Blue Line) is still in in the positive zone above the 0.0 Base Line. We do not want the MACD Line to cross under the 0.0 Base Level on this 1W timeframe. If it did do that, it would mean a 12 Period EMA has crossed under a 26 Period EMA on the 1W timeframe which we absolutely do not want to happen, unless your short-selling. The Average Directional Index (ADX DI) is showing the trend strength has dropped with the ADX (Yellow Line) at 55.56 below its 9 Period EMA (White Line) which is at 63.45. The +DI (Green Line) is at 20.39 and still above its -DI (Red Line) which is at 13.91. Note that the +DI (Green Line) and -DI (Red Line) is showing overall positive and negative momentum is sideways with a slight slope to the downside. This is showing me that Positive Momentum is still stronger than Negative Momentum on the 1W timeframe. The Chaikin Money Flow (CMF) is showing that accumulation has dropped with the CMF Line (Green Line) at 0.06 still in the accumulation zone but under its Least Squares Moving Average (LSMA) (Blue Line) which is at 0.14. We do not want the CMF (Green Line) to cross over into the Distribution Zone on the 1W timeframe. The Relative Strength Index (RSI) is indicating momentum is downwards at the moment so i would say “sideways within a range”. Note the RSI (Purple Line) is showing upwards weakness by being below its 9 Period EMA (Yellow Line). Looking at the Ichimoku cloud for this 1W timeframe: ADA is still in the Bullish Zone of the Ichimoku Cloud. ADA is still above its Base Line (Kijun Sen). The Conversion Line (Tenkan Sen) is indicating the mid point of the short-term momentum is upwards. The Base Line (Kijun Sen) is indicating the mid point of the mid-term momentum is sideways. The Lagging Span (Chikou Span) is indicating momentum has a light slope downwards so more like sideways within a range. Note that the Cloud (Kumo) is still Bullish Green for this 1W timeframe. Settings used for the Ichimoku Cloud = 20, 60, 120, 30. So during this downtrend, can ADA drop more…… well yeh of course it’s always a possibility especially if BTC takes another nose dive. But as we have seen during this downtrend, ADA has shown superior recovery strength when compared to most other major crypto assets. With the advent of smart contracts on the horizon and the future prospects of the various Africa deals finally being put in motion, from my perspective, even if you are a BTC or Ethereum maxi, it shouldn’t really matter, so ADA should be in everyones longterm portfolio. Also, if your not actually trading ADA, then just stake it for an easy monthly passive income. From my perspective, the future look extremely bright for ADA. Don’t know why I decided to do this mammoth post, but here it is, so I hope this is helpful with your trading and hold-ing. :-)
BINANCE:ADAUSDLong
by TradingThroughTheLens
5
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 .
BINANCE:BTCUSDEducation
by GabiDahduh
17
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.
BINANCE:VETUSDLong
by TradingThroughTheLens
3
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.
by lpninja
3
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!
BITTREX:DOGEUSD
by Vophie