LTC - The end is near...(?)
RSI approaching low of 3/28/18, already lower than low of 2/1/18...
4 Hour Godmode Long fire...
Godmode
BTC - Godmode RSI MACD DailyOn the Daily BTC fired long on the Godmode indicator over 24 hours ago; RSI bounced lower than on 3/31 at 6450; MACD Histogram rising, MACD curling up toward a cross; Resting upon and within a confluence of major fib levels...
I know what happens next, do you?
This is the only piece of information I´m going to give you. You need to figure it out by yourself. Everything you need is drawn on the chart. (I ofcourse have also other confirmations of what is going to happen, but you can find it out with only this chart.)
Good luck.
BTCUSD Bear NarrativeMuh narrative says that the failure of DMI's to cross on 4h reinforces dominance of the bear trend. MACD crosses imply further downward momentum is imminent, supported by rising ADX on -DMI dominance on lower time frames. Also looks like a fractal of the move down to 6k.
May God save us all.
LOG SCALE IS KING, DOWNTREND STILL ACTIVE!It turns out the log scale is holding precedence over normal btc charts at this current time. For what seemed to be a very optimistic time for everyone who thought we were out of the downtrend on the regular scale, has quickly realized things are not so simple. Btc has more falling to do, the V shape recovery that we have been doing has been something out of a movie or a dream. In the long run this type of recovery isnt healthy for the growth of bitcoin. If we want to go on another bull run that completely engulfs the last, we are going to have to fall more and gradually build like the previous parabolic curve but on a longer and bigger scale.
The trend is still bear, as confirmed by the recent kiss and plummet from our top downward trendline. I believe this is wave 5, and after the completion of this wave we can be sure we have hit bottom and set ourselves back to being bullish. until then, short every bounce upward to profit and increase your capitol for when the real bottom hits.
Im expecting a bottom anywhere from 3k-5k. however a double bottom would be more than ideal aswell.
LTC DOUBLE BOTTOM REVERSAL?! BREAKOUT INCOMING?LTC seems strong after forming a double bottom reversal pattern with bullish divergence on both the 4H Godmode and RSI; Not to mention it has started to pierce the top of the red ichi moku cloud. I would be surprised if this was a fake out. I wouldnt buy just yet tho, I would wait for a break of the upmost top downward trendline first, or even a bounce on top of that trendline if you want to be extra safe.
Lord What Is This ? Look at the macd. Screen is not enough :). It is in the sky.
I guess no one can imagine such rally.
If this is not BUBLE nothing BUBLE on earth.
Amazing man unbelievable.
Anyone trades dow jones i guess shorted this anytime in lifetime and bail out.
When this rally finishes there will be major breakdown. :)
Anyone wanna see buble this is the buble.
Good Luck.
Bitstamp chart with ttm squeeze 1h + GODMODE 3.1.4 BITSTAMP:BTCUSD
Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred.
squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming.
Using MACD and Volume TA, I was betting on the likelihood of a price breaking DOWN out of the consolidation wedge in the charted example.
TTM also lit up when the reversal was near, see arrows.
The optimal Short-sale price was lit up by GODMODE 3.1.4 PRIOR to the TTM providing conformation.
Using these indicators along with basic TA, you can have a higher confidence in your positions.
Godmode 3.1.4 SCALPER EDITION Use on 15M charts
Two Godmode oscillators set up on the same merged indicator pane,
One Short " Predictive " Setup (RED DOTS)
One Long " Conformation " Setup (Blue Crosses)
The slower godmode (Blue Crosses) now becomes a "confirmation" indicator. Less noise less prediction. The two together are powerful
Godmode and LSMA updatedHello,
here is a quick setup for the GodMode + LSMA setup
1) Add godmode to your chart
2) close to on click the "+" icon (close to its name), to add the LSMA
3) Click on "godmode" {} (show source code) and copy/paste this at the BEGINNING :
// Best to use the 1h TF as a compass in the beginning and use the 1m and 10m for more precise
// entry and exituse the 3h, 4h, 12h and Daily to KNOW where you're going
//Weekly doesn't hutrt either
// I use the 1m, 3m, 5m, 10m 15m, 20m, and 30m and 60m quite a bit.especially if I'm scalping.
4) at the END of the script add :
// updates by CallMeEasy
plot(cross(wt1, wt2) ? wt2 : na, color = black , style = circles, linewidth = 3)
plot(cross(wt1, wt2) ? wt2 : na, color = (wt2 - wt1 > 0 ? red : lime) , style = circles, linewidth = 2)
=> these present the circled dots to make the trend changed more easy to spot
5) Then SaveAs and name it "Godmode upated"
=> to find it back and add it : go to any chart then :
Click on the lower part of the screen 'Pine Editor", Open, "Godmode upated", add to chart
or : click on "indicators" at the top; a window pops up on the screen; click "my scripts" and click "Godmode Updated"
PS don't forget the parameters :
LSMA : 32
GodMod : 9,6,3
@ProwdClown :thanks so much
Short on the USDCHF ABCD - Fibextension zone, TP on RetraceEntering short in the sellzone, loking at possible retracements as take profit targets.
38.2%
50%
61.8%
