Engulfing Candle
BTSUSDT Engulfing SignalToday, the potential growth in BTSUSDT price is predicted by tecnical analysis of indicators. Our new automatic Engulfing strategy revealed the local reverse from downtrend to uptrend.
This assumption is also confirmed by the Bollinger Band indicator. The price fell down and broke the lower line and the centraline has a crossover with the price.
The buy level was 0.01908 and we expect a 5% increase from this point which is 0.02002 level. The stop loss is 9.5% which corresponds to 0.01748. The alert was automaticaly executed by SkyRock Signals trading bot
COTIUSDT Engulfing SignalTechnical analysis of indicators reveals COTIUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Williams Percent Range (14) and Commodity Channel Index (20) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle absorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 0.02981 and we expect a 6% increase from this point which is 0.03159 level. The alert was automaticaly execured by SkyRock Signals trading bot
BTTUSDT Day trade opportunityHello, Dear subscribers!
Today we present a new BTTUSDT trigger of our automatic Engulfing strategy. The price action of the asset was in a downtrend which is confirmed by a cross of EMA100 over EMA50 at the chart.
The price of BTTUSDT moved down until it met global supportive trend line where engulfing has happened. Bulls pressure increased and currently they are stronger.
As we can see after engulfing was triggered (yellow candle) and we entered a position the next candle went up and currently approaches to our target
ATOMUSDT Engulfing signalTechnical analysis of indicators reveals ATOMUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Stochastic RSI Fast (3, 3, 14, 14), Williams Percent Range (14) and Momentum (10) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle obsorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 5.124 and we expect a 1.8% increase from this point which is 5.216 level. The alert was automaticaly execured by SkyRock Signals trading bot
Financials in trouble200sma has been a strong resistance since the March drop. The red circles show 4 times trying to get to it.
Placing fibonacci retracement lines shows confluence with a support level (green rectangle from late June --> early July)
The 20sma crossed below the 50sma on September 27th. (Bearish signal trend model)
Also, if we close at the current price, we are getting a bearish engulfing candle.
I would feel comfortable getting in around $22.7, being fundamentally bullish on the sector.
USDJPY-Weekly Market Analysis-Oct20,Wk1USDJPY from the daily chart to the 1-hourly chart is showing a bearish trend in a ranging momentum. At this moment we can see a recent strong bearish candle(red arrow) and a market retracement back to the moving averages and market close with a bearish engulfing candle. Once the market open and at 9pm(+8GMT) I will be waiting for a shorting opportunity.
LINK- Massive distribution nears the endAfter the massive distribution and deep correction ended at fib 61.8 and EMA 200, it seems that LINK's buying pressure has returned.
I expect another re-test in the demand zone after the price reaches the supply zone because BTC is still short-term to mid-term bearish.
Bearish engulfing on monthly candles on spyI'm not giving investment advice just noting what I am seeing.
I don't think people do enough really long term looks at the possibility of where an index is going. This bearish engulfing candle on monthly candles is a bad sign. Yes we are not done with september yet but this candle is pointing to long term decline . Even if in the last week of the month there is a rally that brings this up it will leave us with a dark cloud cover or a hanging man candle. All of which are indicators of an incoming correction and price decline.
Bullish Engulfing on important Support levelHello, traders.
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend and is a combination of one dark candle followed by a larger hollow candle. On the second day of the pattern, price opens lower than the previous low, yet buying pressure pushes the price up to a higher level than the previous high, culminating in an obvious win for the buyers.
Best regards.
Whats happening with LINK? (Update)I made a chart yesterday to predict the price of LINK. As what I thought, the price remains bearish. Candlesticks pattern was bearish with 2 bearish engulfing candles right after each other.
My tip is: Never buy in because you think it's very low right now. There will be 100's of opportunities for you to trade in. Just wait and keep a close watch on the coins you want to trade.
Have a great day everybody!
AUDUSD - Bearish Gartley PatternA Bearish Gartley Pattern setup for a shorting opportunity, a bearish engulfing candle or both oscillators have to be in the overbought position and hook down before I'll engage the trade.
In normal cases, I won't be even looking at this setup, but as some of you may know I'm very sceptical on Australia Dollar and see that a strong bearish move is lurking in the shadow waiting to happen.
With all crashes, I expect an extreme bullish move to happen before it does and the bullish movement might have ended. If not this setup it will be after the next bull run.
GBP/CHF presenta vela envolvente alcistaEl análisis oriental, o análisis de velas japonesas, como comúnmente se le conoce, puede resultar ser bastante ineficiente por sí solo.
No obstante, cuando este es puesto en conjunto con el análisis occidental (indicadores y acciones de precios), y en niveles con alto nivel contextual (extensiones alcistas / bajistas), puede resultar ser una herramienta bastante efectiva.
Si bien las velas envolventes pueden presentarse comúnmente, cuando estas se ubican en niveles de importancia, tales como un claro nivel de soporte, estas pueden ser excelentes patrones a operar.
En el caso de la libra esterlina frente al franco suizo (GBP/CHF), la vela envolvente se está presentando en torno a los mínimos de junio.
Por consiguiente, esto es un indicio de que los compradores han despertado y podrían llevar la acción de precios al alza.
No obstante, como en todo, hay que buscar una activación del patrón y su correspondiente invalidación en caso de que la perspectiva sea errónea. Después de todo, no existe análisis que sea perfecto y siempre debemos de tener en cuenta el punto en el que el perfil ha sido erróneo.
En este escenario, una operativa por encima del máximo de la vela inicial del patrón (1.17) será una activación ideal, mientras que nuestro umbral de invalidación por debajo del mínimo de la misma vela será el punto ideal (1.16).
Support Holds With BUEBYesterday we discussed this market and the critical support level price was looking to test on the 4 hour chart. We also discussed the recent higher lows price had been forming.
As the 4 hour chart shows; price has now formed a large bullish engulfing bar at this area and moved back higher.
The recent swing high resistance now comes back into play and is the next major watch for this pair.
ThANKS FOR YOUR LIKE AND SUPOORT....