Lines
I need help please...Hey guys...
I'm tying to back test a strategy that I think might be beneficial for me, and I use vertical lines to count how many times I have been back testing so far. But I wanted to know if someone could create an indicator or at least tell me if its possible for me to see how many vertical lines I placed so far without having to count all of them. I feel like this is the biggest reason why people don't back test because it takes quiet a long time to count and write everything down. So whoever helps me on this, is basically a hero in the entire tradingview community.
please somebody answer this as fast as possible thank you so much.
spinning top at 47648 can it hold into a reversalboth h1 and daily have printed a spinning top usually a sign of trend reversal
if support doesnt hold look for 42 or 39k
Cardano did it once more...On a bear market people don't wait for a breakout of a trend, people just take profits.
They don't trust a long term trend, they wait for the herd to confirm it.
The 50% run we saw this week was only a quick swing trade for most smart investors.
Many know that ADA needs to scale up before being able to give users a good user experience on Sundae swap.
And that's something that might take some time.
If BTC were in a real bear market...This chat shows what I am tracking in the case that Bitcoin breaks down from here, on a longer term time frame (red arrows), and enters a real bear market (not just a correction, which I think we could potentially be seeing at the moment). As I have learned from being in this market since early 2016, if you think Bitcoin can drop X amount and hit a "bottom"... double that amount, it will drop way more than you think. If you think it can go up X amount, double that amount, it will go up way more than you think. And at the same time, if someone has a wild prediction like "Bitcoin will hit $196,000 by September 12th at 4:30pm"... that is complete nonsense, but of course it could happen!
Fact is, nobody can predict the future. ESPECIALLY those who say "Bitcoin NEEDS to go up because X"... Bitcoin does not NEED to do ANYTHING they say. The market will do what the market does and you can only prepare for the best outcome.
But the main idea here is, you will never 100% know when those rallies or those dumps will start, and you will never 100% know when each top or bottom is reached. There is only so much technical technical analysis that can be done. Only so many predictions that can be made. What it really comes down to is, time in the market beats timing the market.
I'm a buy and hold type of investor, for all stocks, cryptocurrencies, and real estate. Technical analysis "chart art" is simply a fun hobby for me, and it's entertaining to see the "guru" predictions and ultra technical colorful lines people draw, wave counts, spirals, pictures, etc... whatever you call it... I believe in strategies that absolutely work. And it's up to you to find what works for you. For me, that's buy and hold, for the long term.
Wishing you all the best of luck in 2022!
- HDLR
DOTUSDT bullish tendencyDOT/USDT is showing us a bullish tendency drawn by the yellow lines, is also important to note that in the lower term candles there has been a possible retest created in the 30.54 zone that could mean the continuation of the general tendency towards a more bullish market, is important to note that we could face an important resitance in the 35~38 area that could mean a mayor retest, but as shown by the yellow lines the general tendency is bullish.
Conclusion:
Long term dot price action seems bullish, but in the long term ie. > 2 hours the tendency seems bearish.
just my ideas for my own needs i dont know how accurate i am but i like drawing circles and lines hahahaaha
RESPECT THE FIBS
chart is clear looking for support at 52kstill tryna claw for support on 52k but if this isnt gonna hold we short to 48k areas are marked on chart
Support @49k on h1 maybe a wee LONGSupport formed @ 49301 looking to long
setting tp around 53749
stop @ 48350
these are just my stupid ideas not advice in anyway
shiba looks ready 2 popwe know what this pattern shows and looks primed for a lil lift off has had a fakeout on both sides but came back to its zone holding for a pop to the upside when ...................????????????????????????? draw up some fibs an measure it out get ur best guess
GoPro - Grab yourself a HERO10 with the PROFITSI read a post on tradingview talking about gopro awhile back, and I read a lot of good things. So much so, that I bought two gopro's for myself. The software was a little buggy, and the camera would overheat sometimes, but wow, it took some incredible shots. The motion stabilization technology they have makes for some insane shots. I've been watching this stock for awhile and I think it's gearing up for another run-up.
I've marked some key prices to watch for, but I really think we'll see this stock around $17 in Feb/March. I couldn't figure out how to explain what I was seeing in words, so I drew it out on the chart.
Anyone else seeing this possible run-up for gopro?? I think I'm getting ready to grab some options.
CRO possible prediction but im also new sothis is my idea of some fuzzy lines for the tops and bottoms, maybe it will follow maybe not
not advice
USD/JPY | Institutional Analysis | Quasimodo PatternUSD/JPY has a breakout of trendline with some Quasimodo patterns in it. This, indicates the change from downtrend to uptrend.
If we really believe that breakout we can find some sweet spots that allows us to jump into new trend at good price.
Feel free to write your opinion on comment section and stay tuned for updates and more opportunities.
Bitcoin: From 64,840 feet (updated)Continuing my (unreasonable?) interest in radial lines as a type of TA, here's an additional curious take on the familiar 12-year Bitcoin price chart. Explanation:
The yellow radial lines go from a low to the previous high. The convergence area is circled in yellow.
The orange radial lines go from a high to the previous low. The convergence area is circled in orange.
Notes:
The price action on this BLX Index records the daily *close* price. It does not record the daily highs or lows -- which is unfortunate since minor price differences can make a significant difference on these *long* radial lines.
It is striking that the orange radial lines converge on the area of Bitcoins origins (original date and price). Significance?
I don't put much faith in the last yellow radial line because of the very late 2023 date, but it does represent an interesting "idea". Based on the price action over the past four months, I believe Bitcoin will bounce off the lower parabola *much* sooner than 2023.
By the way: I'm somewhat critical of those who "fit" a couple of curved lines to Bitcoin's 12-year logarithmic price chart and call it gospel. Parabolas are a *specific* type of mathematical curve. Parabolas are "natural" functions that appear in nature and in many systems and processes -- even (surprisingly) in many that appear to be random and chaotic. The fact that one can fit mathematically-precise parabolas to the highs and lows of Bitcoin's 12-year price history is, in itself, surprising -- and adds some weight to the significance of such charts.
Sincerely,
Bullbearish
(I’m a Bull. But Bear happens.)
PS: Nothing I post should be construed as trading or financial advice.
Bitcoin: From 64,840 feetContinuing my (unreasonable?) interest in radial lines as a type of TA, here's a curious take on the familiar 12-year Bitcoin price chart. I don't put much faith in the last radial line (because of the late 2023 date), but it does represent an interesting "idea".
By the way: I'm somewhat critical of those who "fit" a couple of curved lines to Bitcoin's 12-year logarithmic price chart and call it gospel. Parabolas are a *specific* type of mathematical curve. Parabolas are "natural" functions that appear in nature and in many systems and processes -- even (surprisingly) in many that appear to be random and chaotic. The fact that one can fit mathematically-precise parabolas to the highs and lows of Bitcoin's 12-year price history is, in itself, surprising -- and adds some weight to the significance of such charts.
Sincerely,
Bullbearish
(I’m a Bull. But Bear happens.)
PS: Nothing I post should be construed as trading or financial advice.
Explaining Lines and Use.Line
A line chart is important to traders and investors, as they (traders and investors) consider the closing price to be more important than the opening price, low and high during a particular period.
In summary, it is only a graph that takes into account the closing price of each Bar.
This graph can be quite useful in the hypothetical case of certain patterns.
But let's go to an example:
ETH Eliot Wave Impulse.
Wave 1 appears mainly after a correction greater than 50% in the Fib level, then we make a speculation and seek to confirm a minimum retracement of 61.8% and 71.6% (This is used by the majority although sometimes a greater 50% some consider it valid , there is debate on this issue, even if I put 50%, daniel's is still invalid). Both Wave 1 and Wave 2 rules are met.
Wave 3, It is usually higher in 161.8% of the minimum of the retracement of Wave 2, and exceeds the maximum of Wave 1. Fulfilled
Rule: Setback of 38.2% and a minimum of 23% Completed of Wave 4.
Wave 5: last impulsive section exceeding wave 3, with a projection of 161.8% of wave 4, and normally of similar length to wave 1. This wave is characterized by a significant increase in volume, which is not accompanied by a rise significant price. It would correspond to a distribution phase in which volume plays a fundamental role.
But...
In candles on the binance platform a huge shadow appeared on Wave 4 that was below the maximum level of Wave 1, currently it is not. Therefore, some traders prioritize only the closing price. In cryptocurrencies the volatility of the assets is usually common, and there are "shadows in candles" that honestly are somewhat absurd.
Bitcoin could to continue up to $64,200 USDAt the moment, looking in Hourly timeframe. Bitcoin could to continue up to $64,200 USD. This will be my target, Now, we hope an entry price at $55, 700 USD, in that price it's a good zone to buy Bitcoin to make trading.
s3.tradingview.com
This it's a screenshoot in what we see Bitcoin in H8 timeframe, I use a lines technical analysis, there's a lot time that I do not apply it.
s3.tradingview.com
In Daily timeframe, Bitcoin it's into this bullish channel that it formed. Maybe, the price it's leading to $64,000 USD again. But if we see for example. In 3 Daily timeframe, Bitcoin it's still bullish that we can to leading to $64,000 USD again.
Now, we hope that Bitcoin going to make a pull back at $55,700 USD approximately, in case that Bitcoin continue up, we cancel this trade and I look others trades in cryptocurrency. Very important, be patient and we hope htat Bitcoin make a pull back in these zone.
Auto Support and Resistance Creator - A easy way to find LevelsHello guys...
I'm sharing my auto complete maker of Support and Resistance Levels.
Its work on every kind of market!! And in every time Interval you wish.
You just need to select the minimum price amounted to round and then, other small details.
You can Select the sources, sizes, and other little inputs.
Hope you like!
BTC - 1Day MACD Curves: 4 Year ViewMACD study results. MACD line only (no signal line). Curves with the most obvious and numerous influences on the MACD line. The 2 dotted curves are alternate pathways of the solid blue curve.
I also included 3 dashed rays that I came across. I found them interesting as well...
1) The orange dashed ray spans the entire chart, holding up the base on which the Dec 2017 peak stands, all the way to the March 2021 ATH.
2) The blue dashed ray is pretty obvious, starting on Feb 2018 leading up to the June 2019 peak. Of note, if you look closely at Jan and Feb 2021, you can see some dimples in the MACD line when it crosses the ray.
3) The yellow dashed ray also starts on Feb 2018, and its influence on the MACD line is quite awesome. Turns out that this line held the MACD line down mere days ago. We are right below it.
While I did not include them in the chart, as it wasn't my objective, I did some projections of what may be ahead, without looking at price, mapping out a few pathways of what the MACD might look like hitting the major price milestones at likely intervals, up to 300K by the end of the year. It was very fascinating. I also looked at how high the MACD already is, as well as how long its been above zero. And that red curve looks scary... personally I wouldn't want the MACD to get locked below it.
Does this help you trade more successfully? Maybe. Maybe not. At the very least, it looks cool.
That's about it. Hope that you found this interesting! Feel free to comment.
FSRLooks like Fisker is wanting to fill that gap at 17.50 ish .. Still looking for a good bounce on this up sloping demand line then bounce back up to the 20's
