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EMAS

-------------------4HR CHANNEL/ PPL SET-UP--------------------Additional lower timeframe confluences: 1) 30 min FIB retracement and notice any respect or rejection to key 61.8 level 2) 15 and 5min 14 and 50 Ema in your favour, or wait for a dynamic support/ resistance 3) 5min rejecting a PPL and RSI strength in your favour bounce off 30 or 70 level 4) At a point of lower time frame break/ push there will also normally be a 5min 14 EMA retest the same time as a minor correction and good entry point if everything above lines up
Long
by JevanHayre
Bitcoin Daily Update (day 337)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business. Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge Consensio: M MA > S MA > P > L MA Patterns: Phase 7 Hyperwave | A&E | Bear Channel Horizontals: S: $3,742 | R: $3,820 Trendline: Parabolic SAR: W: $4,216 Futures Curve: Backwardation Funding Rates: Longs receive 0.0183% BTCUSDSHORTS: Rejected from 9 EMA. Will be interesting to see if it makes lower low TD’ Sequential: Bullish price flip with todays close, current candle is trying to make bearish price flip Ichimoku Cloud:.Watching for close above Tenkan-Sen Relative Strength Index: Continues to support > 50 Price Action: 24h: +0.21% | 2w: +6.6% | 1m: +12.1% Bollinger Bands: Continues to support > 50 Stochastic Oscillator: Monthly buy signal in confluence with weekly buy signal is very rare / powerful Summary: In a Telegram conversation with Leah Wald I mentioned that “I can’t remember the last time I felt this bullish about crypto” . This is only the second time we have gotten a monthly Stochastic buy signal < 20 and the first time it has been < 10. The last time we got that signal it called the bottom of the 2015 bear market. Just so happens that both occurred on a monthly red 8. I do not think we have found the bottom due to lack of capitulation / FUD as well as Hyperwave theory, however I do feel very confident that we are in for a strong bounce over the next couple weeks / months. First target is the top of the bear channel that is pictured above under ‘trendlines’. If we breakthrough there then I expect a $6,000 retest / rejection which leads to capitulation and a return to $1,000 / Phase 1. However everything hinges on closing above $4,200. That is due to the massive gap in the visible range volume profile. If we breakthrough $4,200 on a daily closing basis then that is the final confirmation I will be waiting for. I have already started to build my positions and am ~30% entered. Will make sure that I am 100% entered if we close above $4,200.
BITSTAMP:BTCUSDLong
by Sawcruhteez
When to buy & hodl, when to sell & wait... in a simple equationIt's so cliché but... if Bitcoin was actually subject to repetitive cycles? According to this hypothesis, we would then have the following "algorithm" for investors: WHEN (RSI14 > 90) AND (MA9 > MA20) THEN IF(1st Occurence == True) THEN // Bear Trap! WAIT (OR... SELL and BUY the correction soon after) ELSE // 2nd Occurrence = Bull Trap! SELL and WAIT WHEN (RSI14 <40) AND (MA9 < MA20) THEN // Oversold RSI and EMA Cross Strategy BUY ZONE Too simple, too basic? perhaps... :) (What you can add a dozen other buying indicators by reading my related ideas)
BNC:BLXLong
by MaxHodler
2
Comportamiento dentro de la consolidacionEUR/USD en analisis semanal notamos una consolidacion peligrosa, con una linea de tendencia que tuvo un falso rompimiento, se encuentra en un punto donde podemos notar, que puede toca linea de tendencia alcista semanal, respetar soporte y rebotar a la linea de tendencia bajista semanal. Confirmacion de entrada a la compra: cruza de emas y estrucutura de mercado alcista. Confirmacion de entrada a la venta: Rompimiento de linea de tendencia alcista, y accion del precio; soporte a resistencia.
by EmilioFx
BTC Update! Bears seeing follow through...Welcome back everyone! Hope everyone enjoyed the Holiday! I know I did with minimal going on in the crypto markets until today. Last chart I discussed continuing to remain cash since my last profit taking up in $3900's as I did not believe the low at the time of $3775 was enough for consolidation on daily chart and we would see lower. We bounced around sideways and did break lower but nothing significant and finally today we saw the supports start caving and stop losses trigger. This gave for a nice spike in bear volume and the big red candle with a flush down from mid $3700's to $3600 fairly quickly. We are again flagging out sideways now and will see if this is just a bear flag before dropping another leg down or not. $3567 is the new low to hold and personally would love that to be our higher low on daily. I'm comfortable there playing bullish but thus far we are seeing a weak bounce off which makes me cautious. I'll continue to maintain patience as there is just absolutely no rush for a position at this time personally. Daily chart has us under EMAs and 4 hour chart has use rejecting from EMAs which previously served as nice support and now have become resistance. $3437 is the next support level below todays low of $3567, 4 hour RSI is back towards oversold but that can get pretty extreme so would not place much emphasis on it. We (meaning those playing bullish only) are back to fighting the trend. We were in a nice uptrend on 4 hour with higher lows and higher highs but since then we are back to lower highs and lower lows. It is very risky to take on bullish positions when you are battling the trend so pick spots wisely, recognize those stop levels and stay patient. I last took my profits in $3900's six days ago and have zero issue sitting on cash since then. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
1
Looking for feedback on an indicator I'm developingI've been working on an indicator to help me out with swing trades and buying the right dips, and knowing when to sit out. I'm new to trading and I find that breakout trading isn't the best strategy, and it actually rarely works when we're in a downtrend as we currently are. So how to have the confidence to know which dips to buy? Here's a strategy I'm playing around with and I'd love to get your feedback. Am I missing anything? Are there other indicators with similar strategies you can point me to? Leave a comment and let me know!
A
by McGuireTO
11
ZIL within an ascending triangle pattern, looking to break out.ZIL/BTC is currently in a shorter time-frame ascending triangle. On the larger time-frame, ZIL is within a Symmetrical triangle it has been forming since mid August. We are currently retesting the 540 level, which is also our .5 fib level, and it is currently acting as resistance (It is also the top to our ascending triangle.) Alongside that, the 200 EMA on the 4-hour is also at that 540 level, and the resistance line from our longer-term Symmetrical triangle is around 543-550, and should most likely act as resistance as well. Lots of obstacles to climb through, but should it break out, it could go on a seriously strong run. Entry: 525-530 (Under the assumption this current break-out attempt will fail, and we will retest the bottom of the ascending triangle once more.) Entry: 535-540 (Current levels under the assumption that this break-out attempt will succeed.) Entry: 545-555 (Buying on break-out, and/or waiting for it to retest this current resistance area as new support following the break-out.) Shorter-term targets: Target 1: 575 Target 2: 600 Target 3: 650 SL (Tight): 515-520 (Below the Ascending triangle.) SL (Loose): 485-490 (Below the recent low of 494, and below our .618 fib support level.) --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
by Deftsuo