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Macdivergence

BTC inverse HnS forming, reversal?Welcome to my BTC analysis. The MACD looks bearish , it's nearing the upper resistance. Also the RSI is looking a bit bearish. BTC is approaching the 0.236 fib and the neckline of the white HnS. They will probably let Bitcoin drop to finish the E wave of it's pennant. Then I expect a run to around 7500-7650. Hopefully it will break through the neckline of the inverse HnS. I will give some updates when it happens. This is not a recommendation to buy/sell. (I'm posting this again because the other chart was XBT)
BITFINEX:BTCUSD
by Phaker
IOTA Buy with DivergenceHi, I published IOTA in the middle of April and price broke out of its base shortly after and commenced a nice uptrend with an 80% return at its peak. After trading strongly it finally broke down in early May and has now consolidated and looking good for a buy again. Note the bullish divergence formed on MACD and RSI. These support a possible break above the falling resistance line as shown on the chart. A buy signal would be on close of price above the trendline. Don't buy until after the break is confirmed. A good short term target would be 80% of the way back to the recent high around $2.4. Stop below the recent low around $1.56 for a Risk/Reward of ~2. Good luck and good trading!
BITFINEX:IOTUSDLong
by mkat
AAPL: High risk reward shortWow, lots to unpack on AAPL... #1 A big ABCD completion from Jun'2013 #2 Price action hitting the upper bound of a channel from Jul'2017. Not to mention it is a 100% extension from the Nov'2017 to Feb'2018 ABC sequence #3 Negative MACD divergence and price action Stops can be set slightly above the top of the near-term channel with downside targets $148 (38.2% retracement) to $137 (50% retracement). If you are an Apple lover, you could also set up a straddle in case the channel breaks on the upside and the trend accelerates into an extended CD leg (c.$196 for 138.2% extension).
NASDAQ:AAPLShort
by WellTrainedMonkey
AUDJPY (Ending Diagonal, Butterfly Pattern and 2618) -4hEnding Diagonal confirmations: - 1 and 4 at same price - 5 clear points - take profits between 0.786 - 0.886 Butterfly Pattern confirmations: - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 - TP 0.382 TP2 0.618 (Fibo A-D) 2618 confirmations: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top + 0.618 = 2618 I expect price to go bullish towards 0.618 for 2618 bearish impulse, TP would be at -0.27 where I expect some type of pullback before bearish continuation from 50% to 0.786 -0.886 area, that's TP for Ending Diagonal. Good Trading
by DanielParra99
EURUSD (2618 and Shark Pattern) -4h ChartFirst there was a Deep Crab formation, which was completed by going bullish to previous resistance, after marking higher high it went bearish forming an Ending Channel, at that point I saw divergence, because the entire consolidation made a double floor insdie MACD, which gave us that bullish impulse for D completion of a Shark Pattern. At D there's a possible Double Top for our 2618 setup: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top + 0.618 = 2618 Take profits for Shark Pattern would be those 3 blue lines, first one is at 0.618 where 0.382 is, second one is at 0.382 where 0 is and third line would be at point C where point 5 of the Ending Channel is (back to where it all started) Good Trading.
Short
by DanielParra99
DASH - privacy coin - over 300% possible earnings Hi my dear friends. Today we want to share with you another interesting idea of another (the biggest) privacy coin - Dash. For many months or even years it was the most undervalued coins on the market. Within a months it became on the strongest in the world. When almost 2000 cryptocurrencies are fighting to be in the lime light, Dash has secured a number of very strong and loyal users who have put their trust in this coin (nearly 300k followers on Twitter). Down below you will find some unique features of this coin: 1. Next Gen-P2P Network At Dash’s core is a unique fully-incentivized peer-to-peer network. Miners are rewarded for securing the blockchain and masternodes are rewarded for validating, storing and serving the blockchain to users. Masternodes represent a new layer of network servers that work in highly secure clusters called quorums to provide a variety of decentralized services, like instant transactions, privacy and governance, while eliminating the threat of low-cost network attacks. They claim to have one the most intense network of masternodes being equal to 4,100 since launch in 2014. 2. PrivateSend Function The PrivateSend function is one of the main reasons behind its popularity. The function uses multiple masternodes instead of a single website for a transaction. This allows the users to transfer payments much quicker. 3.InstantSend This is another huge advantage over Bitcoin. InstantSend helps carry out transactions instantly. Unlike Bitcoin, transaction speed is one of the major drawbacks which Dash seems to have resolved quite easily through this function. To sum up. This is very solid project, with very engaged developmnet team. It is one of the most decentralized crypto in the world, highly secured and fast. Dash has a potential to be a world class leader in crypto payments which can be applied to real economy becoming so obvious as donats behind the corner. LOL :) Technical analysis details: SMA6 crosses SMA50 - bull's cross MACD positive divergence - bull's cross DMI bull's cross Fibonacci levels: Target 1: 0.0606 Target 2: 0.0770 Target 3: 0.0901 Target 4: 0.1035 Target 5: 0.1222 Target 6: 0.1461 Stop-loss: 0.0342 Guys. This is great opportunity. Stable and profitable coin with possibility of massive adoption. Thank you for all comments and likes. Don't forget to follow us motivating us to hard work. Share your thoughts and comments. Remember, you are one of a kind! HUGS! Your WBM Team
Long
by WBM_Team
2
NXT - Looks to be starting strong move up on Daily ChartWhat's up my traders! Good entry point now on both 4 hour chart and daily chart. As long as bitcoin doesn't crash on us again hard, this could be a very nice trade. Entry - $0.0125 (Still good time to enter a long position anywhere from $0.125 to $0.13) Stop Loss: $0.11 ( I want to give this coin plenty of room and don't want to be stopped out prematurely. I'm ok with risking 8% on the downside which puts us around $0.11 as the stop loss. Target: Short term I'm looking for a 30% gain in this trade. Which would put target at $0.165. Always willing to adjust as we approach target. Best case scenario is we get a move up to $0.25 area which is where this coin bounced to after the crash on Feb 6. That would be nearly 100% profit so not my most realistic target. I'd be thrilled with 30% profit in this market. RSI - Absolutely has bullish divergence on the daily chart. That is what I'm most focused on, the daily. PLENTY of room for growth on the Daily chart. On 4 hour chart the RSI is approaching 70 so also very strong signs. MACD - On Daily Chart we are also seeing bullish divergence (if you look realllllly close!). We're approaching the 0 line and beginning to see the blue line start to ever so slightly pull away from the red line. This is showing a growing interest from the buyers. Once we can break the zero line I think we'll really see NXT begin to move. EMA's - Perfect perfect set up on the 4 hour EMA's. The 8, 13 and 21 EMAs have all now crossed over the 55 EMA. This is clear sign that if the market stays healthy, this coin is set to run. The Daily chart still has a long way to go before we get the same scenario playing out, but I'm taking the shot anyway as we seem to have good support for NXT around this level of $0.127 which was it's low back on February 6th after the crash. And it bounced nicely from there at that time. BITTREX:NXTUSDT
NLong
by MovingExponentially
BTC final countdown started!Dear crypto friend, lover, miners, amateurs and lambo drivers, the final countdown just started, the moment of truth is coming, now it is time to decide BTC uptrend -> bullish till major channel level or downtrend -> bears to channel bottom. During the week end and the week, very low volume, RSI stable and MACD ready to assess. Pretty annoying sideways movements not worth any kind of scalping or trade. So very probable a downtrend in the next hours. Stay tuned and like, share comment if you enjoyed the TA. *this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
BITFINEX:BTCUSDShort
by thegio
1
Steem for 100% trade.Hello Friends We had the sell call on Steem, a few days back. You have saved money on it almost 50-60%. Here is the link Now, we are revisiting the STEEM, May be we are trying to catch the bottom :) My conditions are 1) Price is on the support 2) Forming a flag pattern 3) RSI in oversold 4) Price above MA 5 6) MACD crossover 7) Lows are getting closer The above reasons convince me to take a risk, So I would Buy. My Buy zone is 0.00024500 - 0.00027500 Target : 0.00055000 (100-110%) Sl : 0.00023000 (5%) Note: 1) BTC fall can impact the market sentiment and can impact alt price. So keep a watch of the prices and exit on sl hit. 2) No need to wait for the exact Target. You can exit if you feel the market is not in favor. Price below 5 MA is the first sign of negative. Good luck friends. Check my Signature for the Telegram information.
Long
by maheswar81
2
Stellar Lumen (XLM) - Last Wave almost 2000% in 2 months!Hi Guys! Another Monday... well let's start with something interesting. I am sure you encountered problem with sending money abroad. It takes time and a lot of money. Western Union takes 10% fee of the amount transferred. 10% seriously? This is like additional tax! So guys from Stellar decided to do something about it. You can tranfer for example EURO to JPY within a seconds for less than a penny. Seriously. As we tested is it works super fast and very very cheap. Seminglessly. Stellar is aiming to be an open financial system that gives people of all income levels access to low-cost financial services. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. The have a great team (Jed McCaleb as a co-founder) and amazing board member (Matt Mullenweg - founder of Wordpress, Naval Ravikant - Founder of AngelList, Sam Caltman - president of Y Combinator). www.stellar.org They are ranked on coingecko on 10th place overall with 86% regarding developers. They have market cap over 3.5 bln $ ranked again in top 10. So this is very solid project, massively backed by the team. This business is also socialy engaged as they want bank the unbanked part of the people (2 bln in total) who are considered too poor for banks to offer them financial services. This might be the killer within couple of weeks and months. Technical Analysis details: MACD postivie divergence - strong bull's singal Fibonacci Levels: Entry - 0.000002176 - 0.000002885 Target 1: 0.000003614 Target 2: 0.000004499 Target 3: 0.000005218 Target 4: 0.000005918 Target 5: 0.000006902 Target 6: 0.000008192 Stop-loss: 0.000002176 We may go much further than this but we prefer to stay observant. Just to remember you - last wave 2000% in just 2 months. Thanks once again for your likes, interest and comments. You are AWESOME. HUGE GUGS!
Long
by WBM_Team
2
BITCOIN (BTC) - POSITIVE INFO - POSITIVE PATTERN - DOUBLE BOTTOMHi our dear FAMILY! Thanks again from the bottom ouf our hearts for your likes, comments and engagement. Y O U A R E A W E S O M E. Difficult time hah? Don't worry that much. Every storm will pass, every hail will pass. We are the part of the nature which swings on the sine wave. Can it be worse? Of course. We could have BTC on 700$ level but we are not there. Ufff. We are not very likely to go there. Too much interest all over the world. We even think that the whole confusion, fuss, price drop-down made the BTC even more famous. More interest = greater usablity = higher price News about BTC are now in main-stream media. On the whole globe. GOOD. So many people want to be rich - they buy low right now aiming to sell high in the future. So before technical analysis short summary : 1. As previously mentioned - lower price is better price - upward movement expected 2. BTC bubble was burst - we are consolidating on healthier levels - the worst storm has passed 3. Many positivie info from regulatory bodies in G20 countries (US, Germany, Japan, Canada, Australia, Mexico). Additionaly Tawian wants crypto regulations as well. 4. More BTC acceptance by vendors - (Dubai, London, US, Japan, Australia). Every-day shopping, restaurants & bars, real estate and so on. Technical Analysis Details : 1. Double bottom shape which means trend reversal. Still not enough volume but let's wait for this. 2. First major resistance at around 9000$ 3. HUGE resistance at 12000$. Not sure where we reach it. If we pass it strongly for longer time we can become optimists 4. Positive MACD divergence - short-, mid-, long-term 5. Stoch RSI - oversold zone + bull's cross 6. Strong support at 6000$ As you can see it is not that bad as everyone say. We have to stay resistant for FUSS, FUD and roumors. Stay positively observant and good will come to all of us. If you agree give a big like! Share with us your ideas. The more people involved the better insight for all of us. CURIO: In Singapore crypto is allowed but chewing a gum is forbidden - you may get fined for this by the policeman on the street.
BITFINEX:BTCUSDLong
by WBM_Team
7
What is the 'Moving Average Convergence Divergence - MACD'Introduction Developed by Gerald Appel in the late seventies, the Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available. The MACD turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from the shorter moving average. As a result, the MACD offers the best of both worlds: trend following and momentum. The MACD fluctuates above and below the zero line as the moving averages converge, cross and diverge. Traders can look for signal line crossovers, centerline crossovers and divergences to generate signals. Because the MACD is unbounded, it is not particularly useful for identifying overbought and oversold levels. Note: MACD can be pronounced as either “Mac-Dee” or “M-A-C-D.” Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the "signal line", is then plotted on top of the MACD, functioning as a trigger for buy and sell signals. BREAKING DOWN 'Moving Average Convergence Divergence - MACD' Moving average convergence divergence (MACD) indicators can be interpreted using three different methods: 1. Crossovers - As shown in the chart above, when the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal, which suggests that the price of the asset is likely to experience upward momentum. Many traders wait for a confirmed cross above the signal line before entering into a position to avoid getting getting "faked out" or entering into a position too early, as shown by the first arrow. 2. Divergence - When the security price diverges from the MACD, it signals the end of the current trend. For example, a stock price that is rising and a MACD indicator that is falling could mean that the rally is about to end. Conversely, if a stock price is falling and the MACD is rising, it could mean that a bullish reversal could occur in the near-term. Traders often use divergence in conjunction with other technical indicators to find opportunities. 3. Dramatic Rise - When the MACD rises dramatically - that is, the shorter moving average pulls away from the longer-term moving average - it is a signal that the security is overbought and will soon return to normal levels. Traders will often combine this analysis with the Relative Strength Index (RSI) or other technical indicators to verify overbought or oversold conditions. Traders also watch for a move above or below the zero line because this signals the position of the short-term average relative to the long-term average. When the MACD is above zero, the short-term average is above the long-term average, which signals upward momentum. The opposite is true when the MACD is below zero. As you can see from the chart above, the zero line often acts as an area of support and resistance for the indicator.
Education
by TheWolfOfBinance
BTCUSD - Diamond Formation + Bullish DivergentHiAll, As usual, i will make the explanation simple and easy to understand. Please find below summary of the findings. 1. Diamond formation. A reversal pattern. the price target is at 7880. 2. Bullish Divergent in MACD. this is a good sign to show a uptrend is taking over (until next reversal). *This TA is for Educational purpose and not a financial advise. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.
BITFINEX:BTCUSD
by OPassiveIncome
ETHUSD - Descending Triangle + Bear FlagHi All, This is just a initial stage of the pattern, the pattern usually change to ascending/descending triangle and sometime to raising/ falling wedge or a channel. Just monitor on the declining of the volume until the breakout volume spike. (to identify the target price). 1. Descending Triangle - This pattern is usually a continuation pattern, but some cases, there is a breakout at the triangle resistant line. 2. Bear Flag. 3. Stoch RSI just returned from overbought once bear flag pattern is confirmed, it will affect the MACD and form a bearish divergent. (and confirm the descending triangle bearish pattern). This TA is for Educational purpose and not a financial advice. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.
BITFINEX:ETHUSDEducation
by OPassiveIncome