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Fishertrasnform

KRE Is a reversal underway?KRE the regional bank ETF is down about 50 % YTD, with a couple of bank failures leading the way. The question that arises is whether there is more downside. Faith and trust in the the banking system is at risk. The big banks came in their rescue on First Republic. A run on the little banks can hurt the big banks even Goldman Sacks. Holding treasuries with fixed rates lower than current rate sucks for sure. The fed will clean up this mess and will do it right and has started that process. KRE chart with the fisher transform indicator and the zero-lag MACD tells me that KRE is now " reverting to the mean" & dropped below the Fibonacci bands of the basis EMA. Line crossovers on the indicators are confirmatory. I will seize the situation and add to my long position. Due you agree that this is picking low laying fruit?
AMEX:KRELong
by AwesomeAvani
1
BTCUSDT A Head & Shoulders to builtBTCUSDT have a Head & Shoulders pattern to built in a Zig Zag downward, in which a wave 1 can be expected for an 2-D swing trade as a breakdown from the micro symmetrical triangle is expected. Thereby, a new supply target will expecting for a reaction. This will be an increase of confidence for the sell-side. Displayed on this H4 chart: daily LSMA (least squares moving average) resistance plus AVWAP (anchored volume weighted average) from peak of wave (ii) of this ending diagonal (as showed on my actual cyclical wave analysis). Technicals: serious divergences on Commodity Channel Index and Chaikin Money Flow suggesting a condition to a dip soon. Overbought condition.
Short
by firmestudio
3
BTCUSD Ready to exit this big diamondBTCUSD reached further the supply area in overbought condition. A potential decrease of 7% can occur if the price action interact with the anchored VWAP from ATH. This potential movement can ignite an impulsive 5-wave bearish exiting of this big diamond pattern, which is likely complete. Fisher Transform suggests the direction of the price action in 2H and 1D timeframes. Overbought condition on macro scenario, in which the price seems to be form a top, ready to a swing downward to complete a 5th wave of a expanded ending diagonal, likely to finish the actual bearmarket.
BITSTAMP:BTCUSDShort
by firmestudio
Swing trade about to happen on CZcoin BNBUSDTBNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC. According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD reciprocal harmonic pattern displayed. In a Wickoff method perspective, the price tends to enter in a SOW phase, breaking-down this triangle structure, but a rally of relief can be expected as a potential growth of BTCUSDT for the next month open. Oscillators: *Fisher Transform; *ESCGO_LZ (smoothed stochastic); *Chaikin Money Flow. This strategy was published for an educational study of the cycles of BNBUSDT market. You can see more of my progression on this short position by my previous posts.
Short
by firmestudio
DODG - Golden Cross! DODG daily chart with a recent Golden Cross. A potential break-out is on deck which - looking very bullish for the dogecoin. Fisher (DW) trending bullish and looking similar to the big run up in early 2021. Price is getting support from the 50-day MA, MFI trending bullish, and the RSI is currently still above 50. Also, lots of high volume support at/near the current price from the 2021 run-up. OBV remains pegged on longer term timeframes. Good low risk entry. Adding a little more now - and will look for an actual breakout and confirmation to add more. Scalp trade. NFA.
BITTREX:DOGEUSDLong
by Akksujean
2