Crypto Market Turning Bear — A Huge SignThe crypto market has been on a very consistent bull trend for the last 5 months. This has changed recently with Bitcoin leading the bears out of hibernation. Yesterday, for the first time since October, the entire crypto market closed it’s daily candle below it’s 50 day EMA.
Investors should understand the risk of opening and holding long positions with this broad indicator turning bearish. This could be a temporary blip in an even longer bull run but it is now slightly more likely that we are indeed entering a bearish trend.
This is simply my analysis, not financial advice.
Exponential Moving Average (EMA)
Trading between the 30 and 55 EMA, short position on EURJPY D1.My system is to buy when a new candle opens above EMA 30 and close at profit when the price touches EMA 55, but it's not like that only, before the trade should open a line must be drawn on the EMA 30 and that line must touch a tail of a candle in the previous down trend and a formed previous Zigzag indicator touching the 30 EMA but not reaching the 55 EMA yet, and the stop loss should be under the last bottom. The sell trade is the same in the other direction.
P.S: The entry should not be directly when the new candle of the same time frame opens above the 30 EMA, because we must work with 2 time frames, the actual + the one before (1D + 4H) or (4H + 1H) or (1H + 15M) or (15M + 5M), so if the candle tail touches the 30 EMA and close above it, we must watch the previous time frame and open a sell trade when touching the 30 EMA and only when a new candle open under it, so it will be a sell limit order with price touching the 30 EMA, or just sell market price when touching the 30 EMA.
What is up with Bitcoin ? key Points explained :)Hey guys
These are some key levels that we should pay more attention to, especially 41K-43K because there is a massive volume profile.
>>><<>Key points<><<<<<
1- This is the first time that the price closed a daily candle under the EMA (55) since the 10.5K break out.
2-This is the first time that we are observing a death cross between EMA(26) and EMA (13) Since 10.5K break out.
3-If we see a daily close under 50K then it confirmed a Lower Low for the first time in this bull run.
> >Trend is your friend < <
4- there is a CME gap ( check the Ticker BTC1 ) around 57K-59K. Watch out !!!!!
BTC is Below The 50 EMA! Here's a quick update on BTC daily chart. As we can see, the price broke down from the rising wedge. Also the price is currently below the 50 EMA. The 50 EMA Has worked as a very strong support throughout this bull run. We have to close above it! Otherwise we are looking for some some more downside! Last time the price went below the 50 EMA was back in October last year when the price was 10k!
The target of the downside break of the rising wedge is at 43k. The price really needs to close above 56k to stay above the 50 EMA, To avoid further downside!
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BNB IS STILL ON ROLLWHILE USEING DC EMA 200 STRATEGY WHEN THE PRICE IS REACING THE
UPPER BAND OF DC THEN BRAKING BASIS LINE OF IT DOWN TO REACH
LOWER BAND OF DC AGAIN REACHING HIGHER BAND AGAIN
(WHILE EMA 200 IS IN LOWER AREA OF DC )
BUYING SIGNALL WILL ACTIVE*
I WOULD LIKE TO SEE YOUR IDEA ABOUT IT
SHORT-TERM TRADE
HRM
STMX TESTING OLD SUPPORT!The price on 16 march has experienced a pullback and formed a support zone between 4 and 5 cents. Following that the price has risen to around 9 cents and failed to break that level but it formed an upward trendline that was tested around 7 times. I believe that the price has decreased to test the previous support zone. This idea is backed by a possible formation of a channel where the price will bounce before rising again in addition to taking into consideration that the 50EMA will soon enter this support zone making it harder to break.
Wait For the One Perfect Entry!A perfect entry would be a 50% pullback from the previous high to a price between 12 and 13 cents. I expect that the price will meet the 50 EMA at this zone. Look for 50EMA retest and go long to 0.30 cents. But if the price breaks and close below the 50EMA look for a further downside and a change in trend.
UBER Breakout ImminentThat 9 EMA is lurking underneath that 21 EMA
Sitting at an area of support
Got a bullish catalyst with some price target upgrades
Sitting above the point of control on the vol profile
Trading at key fib levels.
We should see a 9/21 bullish cross at the upside cross of the 50% fib, to try to retest the downtrend resistance.
NAKD Will Rise Again...The price has formed a triangle shape and is at the edge of breaking out. Price is expected to cross and test the 50EMA before trying to close the 200EMA gap.
Calling GTN ReversalGTN is a broadcasting company that recently took a stake in a sports & gaming company, Envy Gaming. This fast growing sports & gaming company will propel Gray Televisions growth, making it a good long term hold given their current market position already (#1 ranked due to show holdings and licenses by market entities) - this one loves the 50EMA a lot, as long as it holds 18.9, doesn't break 18.4, expecting this to rally back up to the 20s - take profit at 20.4, 20.8 for a good 5:1 R/R
BA Correction!Hello Community!
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When taking a look at BA we can see it trading in an ascending parallel channel. It has currently reached the top and is looking to aim lower to the next support which is the 55 EMA. If the 55 EMA fails we can expect it test the bottom of the channel before bouncing and moving higher. The RSI is showing over bought, and the Mac D is showing bearing signs. With the Quadruple Witching happening tomorrow it makes for a perfect storm to move lower with increased volatility but that's just my guess.
This is not Financial advice.
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EMA $ORN = BullishThe trend is your friend, $ORN
EMA holding strong support, confirmed another bounce to the upside. break $20 is imminent :)
$AAVE Looking to Flip Resistance$AAVE is looking primed to make a run. We have seen a nice retrace from it's all time high back in early February. It has tried to break $407 a few times. If we can get a daily close above $407, I am a buyer. There is easily 20% upside and that is conservative.
On top of flipping resistance into support, the MACD is looking to flip bullish as well. This could be a great trade. Will be monitoring price ation.
$BTC: 200 ema on the 4 hour = Potential repeat?I love the 4 hour chart. Last time bitcoin fought back above the 200 ema and then retested it and successfully closed above? We saw a pretty nice run. I get the sense that this $BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a second break below, and another "double bottom" style pattern form. But if this 200 holds, we might see some nice push to up around 70k.
Ethereum make support above of EMA 200At the moment, Ethereum was show us a bullish candlestick that at the moment, it's bullish, the price it's still above of the EMA 200. It's very important for Ethereum,
Well, that it's all my update that I bring you, becuase in Daily timeframe we would need to know this zone.
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As Ethereum make support above of the 0.382% of Fibonacci, the trend can to continue up as we see in this chart. So, as in Bitcoin too, I will going to update the Daily chart too in my post here to know the best information. At the moment, I re-open my long position in this par as we see a cheat in crytpocurrency. But, I know already that Etheruem going to up based in my experience and studies in trading. For that, the $1,400 USD level it's a support for Ethereum in the pull back what we see this ascendent triangle.
EURCHF DAY BUY trendline an uptrend eurchf day trending an uptrend The price is above ema 200. The price is down to the demand zone .sto rsi indicator is going up.
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