Has the uptrend ended?It was a story of five months ago when I made a move towards 2900.0.
Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence.
Daily
I assume that this symbol is not considered an uptrend already.
However, most recently it is likely to consider trading using a support line from Double Zero 2700.0.
<>
1) Double Zero Judged that 2700.0 functioned as a resistance line.
long entry.
The first limit is under thin horizontal line 2738.6.
The second limit is under WePP (P) 2756.0.
2) It can not be determined that double zero 2700.0 functions as a resistance line.
There is MPP (P) 2678.0 under Double Zero 2700.0, so I do not think of a short. I will observe.
Finally, WePP and MPP will be updated on Monday as weekend and monthend are approaching.
Flexible response is required.
It is a good choice not to enter if you feel difficult.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Horizontal
How long will the resistance of Double Zero 3.000 last?As last week, I am taking measure of double zero 3.000 to function as a resistance.
However, Please be aware that the low price is rising and it is a price move that has not given up trying to penetrate double zero 3.000 above.
But, at the moment, I consider a short as judging that double zero 3.000 has functioned as a resistance.
<< tactics >>
1) It was judged that double zero 3.000 functioned as resistance
short.
The 1st limit is above the thin trendline which is now reaching around 2.920.
The 2nd limit is thought to break the trend line and is on WePP (S1) 2.863.
However, if it reflect on WePP 2.952,we need to think about escape.
2) It can not be determined that double zero 3.000 functions as resistance
I will observe. Because there is an unknown the strength resistances above the double zero 3.000,MPP (R1) 3.028 and YPP (P) 3.052.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
How long will the resistance of Double Zero 3.000 last?As last week, I am taking measure of double zero 3.000 to function as a resistance.
However, Please be aware that the low price is rising and it is a price move that has not given up trying to penetrate double zero 3.000 above.
But, at the moment, I consider a short as judging that double zero 3.000 has functioned as a resistance.
<< tactics >>
1) It was judged that double zero 3.000 functioned as resistance
short.
The 1st limit is above the thin trendline which is now reaching around 2.920.
The 2nd limit is thought to break the trend line and is on WePP (S1) 2.863.
However, if it reflect on WePP 2.952,we need to think about escape.
2) It can not be determined that double zero 3.000 functions as resistance
I will observe. Because there is an unknown the strength resistances above the double zero 3.000,MPP (R1) 3.028 and YPP (P) 3.052.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Does MPP (P) 22372.6 work?There is no trend, it is NK225 that goes between 22000 and 23000 range.
However, it is still difficult to understand price movements.
I think that there is no problem by doing both trading and selling.
<< tactics >>
1) MPP (P) 22372.6 can be recognized as functioning.
short.
There is WePP (S1) 22195.6 on the way, but thought to penetrate, it limits above 22000.0.
However, consider exit if it is reflect cleanly in WePP (S1).
2) MPP (P) 22372.6 cannot be recognized as functioning.
Pierce the MPP(P) upwards and recognize the support and consider the long.
I think that double zero 22500.0 is losing its function. But if it works I thinks of exit.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Does MPP (P) 22372.6 work?There is no trend, it is NK225 that goes between 22000 and 23000 range.
However, it is still difficult to understand price movements.
I think that there is no problem by doing both trading and selling.
<< tactics >>
1) MPP (P) 22372.6 can be recognized as functioning.
short.
There is WePP (S1) 22195.6 on the way, but thought to penetrate, it limits above 22000.0.
However, consider exit if it is reflect cleanly in WePP (S1).
2) MPP (P) 22372.6 cannot be recognized as functioning.
Pierce the MPP(P) upwards and recognize the support and consider the long.
I think that double zero 22500.0 is losing its function. But if it works I thinks of exit .
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is the set sequence of downtrend applied?The rate once went back through the double zero 6000.0.
Currently it is a situation to receive resistance at around MPP (S1) 6353.9.
Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well.
<>
1) Resistance MPP (S1) was judged to work.
Short entry. The limit is above double zero 6000.0.
Or if you assume double zero 6000.0 penetration, it is above the nearest low of 5800.0.
2) it can not be judge that it is functioning, or penetrate above MPP(S1).
As long as the intention to lower the price move is seen,
I do not do long entry. I will observe.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is the set sequence of downtrend applied?The rate once went back through the double zero 6000.0.
Currently it is a situation to receive resistance at around MPP (S1) 6353.9.
Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well.
<>
1) Resistance MPP (S1) was judged to work.
Short entry. The limit is above double zero 6000.0.
Or if you assume double zero 6000.0 penetration, it is above the nearest low of 5800.0.
2) it can not be judge that it is functioning, or penetrate above MPP(S1).
As long as the intention to lower the price move is seen,
I do not do long entry. I will observe.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Can escape the range that lasts more than two years?It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
Weekly chart
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900
3) MPP (S3) 0.72586
4) Horizontal line near 0.71500 (0.71589 on my chart)
Penetrating through these in order and receiving resistance will be a downtrend.
However, even if it comes down trend, it will take a lot of time.
There is also the possibility of lowering slowly so that it is not a trend.
Because, as you can see from the past chart, AUDUSD is easily blocked by YPP.
Nevertheless, as you know, not to have a wishful observation, but to look at the movements at that time to attack areas where risk/reward is good.
Therefore, if keeping down this way, I think that it is enough to take into account only that it is wary of the long trade.
MPP (S1) 0.74517 is the key point for the latest opportunity seen on the 4h chart.
1) Confidence that MPP (S1) 0.74517 functions as resistance
Short, Target is above MPP (S2).
We will be careful of WePP that will be updated tomorrow.
If you are more confident of lowering above YPP (S1) 0.72900 = above Double Zero 0.73000 is also an option.
2) It is doubtful whether MPP (S1) 0.74517 functions as a resistance
If it goes above MPP (S1) 0.74517 and functions as support, I will long, otherwise observe it.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Can escape the range that lasts more than two years?It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
Weekly chart
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900
3) MPP (S3) 0.72586
4) Horizontal line near 0.71500 (0.71589 on my chart)
Penetrating through these in order and receiving resistance will be a downtrend.
However, even if it comes down trend, it will take a lot of time.
There is also the possibility of lowering slowly so that it is not a trend.
Because, as you can see from the past chart, AUDUSD is easily blocked by YPP.
Nevertheless, as you know, not to have a wishful observation, but to look at the movements at that time to attack areas where risk/reward is good.
Therefore, if keeping down this way, I think that it is enough to take into account only that it is wary of the long trade.
MPP (S1) 0.74517 is the key point for the latest opportunity seen on the 4h chart.
1) Confidence that MPP (S1) 0.74517 functions as resistance
Short, Target is above MPP (S2).
We will be careful of WePP that will be updated tomorrow.
If you are more confident of lowering above YPP (S1) 0.72900 = above Double Zero 0.73000 is also an option.
2) It is doubtful whether MPP (S1) 0.74517 functions as a resistance
If it goes above MPP (S1) 0.74517 and functions as support, I will long, otherwise observe it.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is 5000.0 reaching realistic?MPP (S1) 6353.9 from the small return which makes me think that it is a downtrend again It was this week's price movements.
Currently it is stopped with double zero 6000.0 and it is a small range.
Although the shape is irregular when looking at the daily chart, there are head and shoulders.
When penetrating down the its neck line, I feel realistically that it reaches near double zero 5000.0.
Daily
Looking it as a downtrend, the strategy is briefly as follows.
1) It was judged that double zero 6000.0 functioned as resistance
Short.
The target is double zero above 5000.0 or above MPP (S2) 5221.9 if it goes bullish, but I think that it should be decided by the way of risk reward such as taking WePP updated at the beginning of the week into consideration or making it above 5500 .
2) Doubtful whether double zero 6000.0 is functioning
MPP (S1) Return to near 6353.9, Short if it can be determined that it functions as a resistance.
If it clearly penetrate MPP (S1) 6353.9 and function as support, or if it skyrockets, We will see.
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Would gold decide to Downtrend?It is gold down since last Friday, but it is currently staying under YPP 1269.009.
If YPP functions as resistance as it is, if the trend line of the weekly feet below (currently around 1242.000) also goes down, I think that it is the aspect of the downtrend.
weekly chart
As the most recent trade.
1) Judge that YPP 1269.009 functions as a resistance.
Short and set limit above MPP 1258.160.
2) Pull out YPP 1269.009
MPP 1278.303 is above YPP1269.009, I think that the immediate long is difficult.
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Horizontal line near 1.32000 works?It seems that it responded to a horizontal line near 1.32000(In my chart,1.32108). The movement is similar to eurusd, but will it respond cleanly?
1) The horizontal line functions as a resistance
I choose short aim to before.MPP 1.30760
2) The horizontal line does not function as a resistance
I want to consider the long if it goes above the horizontal line and functions as a support, but since it is a phase where the trend seems to be going down, let's observe carefully.
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
1.16 Horizontal line reactivate?The horizontal line of around 1.16 (1.16077 in my chart) became a move as if it would work again.
1) Short when judging that it is resisted to the horizontal line
Since there are double zero 1.15000 and YPP 1.14786 under the current value,
Even if we trade here, it seems to be a short position with short S/L.
2) Before making a judgment, watch again as you cross the horizontal line
We will observe whether it functions as support or whether the horizontal line is ignored.
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
OMGBTC: HORIZONTAL CHANNELHello traders!
Omisego is in a horizontal channel, this is a neutral sign in general.
If the price breaks through the top or bottom of the channel, the horizontal channel will end until a new channel is established. I am bullish because kumo cloud is acting as support and it's holding pretty good, I also have myself covered with a stoploss in case we break the bottom of the channel.
Break the channel through the top (196920 sats) would make me extremely bullish.
- THIS IS NOT FINANCIAL ADVICE -
IIPR Very Loose Uptrend VisionJust looking at the short time this stock has been public, and just looking at how crazy scattered the 4hr candles are (not much better on any other small time frames, too few candles on larger ones) I know that I am "throwing lines on a chart" here in almost the typically derogatory way. But this is mostly a framework for me. I have been in this since almost the beginning, and I was really intrigued to see how it behaved on the correction after the presumed New Year's boost it would get from weed legalization in the companies operating state CA. Thankfully, they were able to pull out a much higher earnings than was projected for the first quarter of 2018, and this has helped them keep that momentum going. With a little emotional bias I am calling this a long, though my rational self would say its too hard to tell.
The longer the candles linger at those horizontal lines, the more "evidence" they have that this is a true horizontal support/resistance. The more bounces off or, crosses followed by corrections of the channel line are similarly indicative of the correctness of my "shot in minimal light" so to speak. It's the nature of the game with young public companies.
MOST IMPORTANTLY WATCH THE BOTTOM CHANNEL LINE. A continued break below this (over 12hrs, I am selling 10% and watching out) may mean my emotions got the best of me and this uptrend is way to generous. Will always keep a little, but will take profits if I see it heading towards a sideways or downtrend.
I am the stupidest person I know and none of this is investment advice.
SQ Upward Channel and Horizontal Support Lines.A conservative upward channel for SQ as charted from its Autumnal breakout. I found it interesting that the parabolic trend that seemed to be forming around November crashes almost in concert with the beginning of the BTC breakout around the same time, far afield from each other in market (NYSE vs. OPENSOURCE) but deeply correlated. Vague ad-hoc speculation but perhaps young-excited money switched their digital finance investments and went with the hype on BTC over SQ. Most importantly for me however, the fall from parabolic did not see a correction beyond the strong upward channel. Note that whenever the channel lines have been violated historically, we see quick corrections.
Expect slight lingering at each horizontal line, be wary which way it breaks if the candles do not hover around these lines, market neglect of a particular previous resistance/support may indicate a slight trend adjustment be very concerned if it falls below lowest horizontal.
MY PERSONAL NOT TRADING ADVICE strategy here is to ride the channel up selling 10% at every 24hr successive higher-highs that break above the trend (cream the top), until 72hrs of growth, and then reassess. And buying 2.5% more at every 24hr successive lower-low (BUY THE DIP). BUT if 36hrs successive lower lows, I will sell 5%, 10% at 48 hrs, and then reassess, a scaling stop loss of sorts.
The rationale here is hopefully obvious, sell a little on crazy upwards moves, you can recover most of it back if long term trend continues with minor violations/corrections of trend. I want to capitalize on these corrections (up or down) as long as I still believe the trend is intact. That is why I "reassess" after 72 straight hours of 4hr greens, perhaps I should stop selling and hold on, maybe the trend has shifted to a higher growth trend. Similarly I reassess after 36 hours of 4hr reds, slightly more conservative, because I am much more concerned about the trend shifting sideways or downwards then I am it going up more.
Excuse the rant, this is more for me than you ;)
Current ResearchI've been getting some messages about possible collaborations and questions about what I'm working on, so heres a few of my current projects that I will start working on in the next few months. If you have a good background in programming or maths and have interest in these projects feel free message me!
I- Holy Grail
a) Making the Holy Grail pick peaks and valleys better
b) Define zones of ranging, when price leaves these zones then enter the trend trade, range trade in the zone
c) Developing classes of new dynamic modulators, based on price and/or volume
d) Solving the dominate periods of price, the largest coefficients of the fourier series
e) Optimized scaling techniques based on unrealized p/l
II- Horizontal Logic
a) Identify horizontal lines that when crossed have a certain probability of crossing a next line
i) High probability lines will be targets
ii) Low probability lines are a good way to probabilistically define ranges
b) Find adaptive triggers that can identify good lines that will be crossed
c) Quantify these in time
d) Classify ranges and trends
III- Ichimoku Methods
a) Make excessive modifications to cloud for very high probability strategies
b) Optimized scaling techniques based on cloud/price information
c) Forward test, then automate
T-Minus Soon to BTC Launch - The trajectory to test ATH by AprilThis morning's (in the US) big volume was just what BTC needed to power above the 9200 resistance/support level. Looking for probable consolidation here before testing 11500. This idea shows the path ahead to test several levels of horizontal resistance and moving averages ahead.