GBPUSD CABLE Fundamental Analysis - Fibonacci & Moving Averages- See thumbs up, 5 day MA moves upwards cutting across the 10 day MA. (1st Bull Signal)
- If the 5 & 10 day MA's continue upwards and cross the red 50 day MA (Buy Signal)
- See fib level 0.7 & 0.3 for key price action areas
- Use other fib levels for Stop/Loss & T/P
Moving
GOLD - Fundamental / Decision-Making AnalysisFibonacci Ratios
- 0.786 / Price level: 1310 - 1315
- 0.382 / Price level: 1290 - 1292
See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios as positions for stops etc
Moving Average 5 Day (GREEN)
- 5 day moving average has cut across the 10 day moving average towards the downside (Bearish indicator NOT A SELL SIGNAL)
Moving Average 10 Day (YELLOW)
- If the 10 day moving average, along with the 5 day moving average, breaks through the 50 day moving average towards the downside (Bearish indicator POTENTIAL SELL SIGNAL)
- If the 5 day moving average cuts back across the 10 day moving average towards the upside (Bullish Indicator POTENTIAL BUY SIGNAL)
Moving Average 50 Day (RED)
- If the price cuts across the 50 day moving average on to the downside (Bearish indicator) (Currently confirmed)
- If the 5 & 10 day moving averages cut across the 50 day moving average on to the downside (Bearish indicator - Look for a break of the blue trend line for further confirmation)
- If the 5 & 10 day moving averages stay above the 50 day moving average (Bullish indicator)
This is not any form of financial advice.
Good Luck
ps. consistency
GBPJPY Fundamentals / Decision-Making Analysis Fibonacci Ratios
- 0.786 / Price level: 148.000
- 0.382 / Price level: 145.000 - 145.750
See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios (and their accompanying lines) as positions for stops etc
Moving Average 5 Day (GREEN)
- Both 5 & 10 day moving averages have failed to break through on to the upside of the 50 day moving average (Bearish in the short run - see thumbs down)
- However, the 5 day moving average has recently broken through to the upside of the 10 day moving average (see thumbs up) this could be seen as the first indicator showing the need for a future correction (Bullish indicator NOT A BUY SIGNAL THOUGH)
Moving Average 10 Day (YELLOW)
- If the 10 day moving average, along with the 5 day moving average, breaks through the 50 day moving average (Bullish indicator POTENTIAL BUY SIGNAL)
- If the 5 day moving average cuts back across the 10 day moving average towards the downside (Bearish Indicator POTENTIAL SELL SIGNAL)
Moving Average 50 Day (RED)
- The 50 day moving average has consistently been above the price since the 23rd of this month, showing a downward trend.
- The 5 & 10 day moving averages have failed to break through the 50 day moving average on to the upside.
- If the price cuts across the 50 day moving average on to the upside (Bullish indicator)
- If the 5 & 10 day moving averages cut across the 50 day moving average on to the upside (Bullish indicator)
- If the 5 & 10 day moving averages stay below the 50 day moving average (Bearish indicator)
Just some analysis based on moving averages and fibonacci ratios, hopefully this sort of thing will provide an edge during such choppy times. At current, my position is long IF further indicators are met.
This is not any form of financial advice and does not endorse any form of trade.
Good Luck
Ps. cut your losses
Bitcoin BTC - The End is Nigh or To The SkyOverall view of Market direction using the weekly to foresee possible exit/rise positions.
Break of Weekly 50MA is worrying as has been years since this was the case.
Rapid rise during Nov/Dec gave little chance for supports to be established under $5800 and would worry most investors if the possibility arose.
1st July (which may see action early, due to 20th June Cboe Ftuures expiry/27th June CME Futures Expiry) will be decisive as Trend Line (dashed blue line) which has been a resilient support during entire crash, its actually been the saving grace & would be concerned if broken, meets the Ichimoku cloud (years since been broken). Direction is dependent on current fight between bulls/bears @ $7900 & where the markets heads leading into this timespan.
Manipulation on speculation of Futures at the end of the 2017, I believe rose the price from $2000 - $20000 so it would be feasible that if funds are removed in range under $5800 due to risk would add pressure downwards (would exchanges "allow" BTC to get to these prices?) ....cause I worry Volume not setting mean reversions as we are back on low 24HR BTC - 4Bln
Sharp price action rose BTC to $10000 at the start of April from $6600, so again this should be taken as possible support bottom which seems again would need manipulation to impede further downward pressure.
Would love to see Positive news...which should come in the short term, whereas Weekly chart poses that BTC has a decision that will eventually provide forward direction, my previous analysis showed $10000 July so lets hope for little wins up to that point.
BTC is seeing some tough times , so I should write this:
***Education Purposes only***
We appear to potentially be breaking above the rising wedge.While I've been confident we would break up from the current rising wedge instead of down from the head and shoulders pattern for roughly a week now, I wasn't sure if that would be before another retest of the head and shoulder neckline at the bottom of the wedge or not, but now we have two 4 hour candles up out of the rising wedge with an hour and 5 minutes left before the current one's close. Until we see a surge in bullish volume we haven't confirmed the breakout so keep that in mind...I'd say a smart place to buy in would be a couple pips above the 4hr 50ma (in orange) because that is our current resistance and for us to reach 2 pips above it will likely require flipping it from resistance to support. I'm confident if we flip that moving average to support we will confirm the breakout so I have a stop buy set up for 2 pips above the ema.
6 MAs (exponential optional)I just wanted a single application that would allow me to check/uncheck the MAs I wanted to see for various time frames. I've been using the 7 and 30 period for weekly observations of crypto and the 20,50,128 and 200 for other views such as the 20 day, 50 day, 128 day and 200 day MAs.
This allows me to open the settings and uncheck what I don't want to see and vice versa.
Stock is set to SMA but EMA can be activated by simply opening the settings and checking the box.
0x almost on the run.0x was on a decent uptrend for quite sometime, but fell off of it a few times by breaking 200EMA support on 1h chart. If 50 EMA crosses 200 EMA and points up then ZRX will break the 200 EMA resistance and continue on a bullish trend. The bullish divergence is one confirmation (Blue line on RSI) and the moving averages crossing is the second. IF moving average 50 EMA crosses 200 EMA and points down then the downward trend will start.
Still a beginner TA learner. Comments are welcomed.
Multiple Moving Averages (10 Moving Averages In One)Got tired of having multiple moving average indicator on the left side of charts. Wrote this to reduce the long list of indicators on the left of the screen. Allows you to set 4 EMA and 4 Simple Moving Averages with one indicator.
Allows you to have 4 Simple Moving Averages and 4 Exponential Moving Averages with 1 indicator. Also, added a Period High simple moving average and a Period Low simple moving average.
FTSE Moving Average 5,10,50 Fib Analysis H1The Situation H1 :-
- 5 Day MA (Moving Average - Green) crosses 10 Day MA (Yellow) - Bull (see first thumbs up)
- 5 & 10 Day MA cross 50 Day MA (Red) - Bull (see second thumbs up)
- See Top Fib level for swing price action, predictive indicators below;
1) As long as 50 Day MA stays below 5 & 10 Day MAs - Bull/ Level Broken Higher Highs
2) If 5 Day MA & 10 Day MA do not go much higher and the 50 Day MA catches up and pulls higher, around top fib level - Bearish
3) If 5 Day MA crosses back over 10 Day MA and heads further down - Bearish
- Same as above applies to the Bottom Fib level just visa versa.
- See other fib levels as areas of resistance for entries and stops/TP etc
GG
Simple Moving Average Set 20,50,128,200 (Exponential optional)There's similar ones out there to this. I changed the commonly used 100 to 128 since I've found it more in tune with BTCUSD
I also have the colors:
Gray for the 20 MA
Blue for the 50
Lime for the 128
Red for the 200
Stock is SMA, If you prefer to use Exponential you can check the box in the settings
...I more often use the SMA
9 candle closes above the 4hr t line ;3 closes above 50MAShort and simple update. After breaking up out of the most recent descending wedge on the 4 hr chart, and reaching the projected upward breakout target of that breakout we now have 9 closes above the t line and 3 closes above the 50MA Buy/Sell Line with 10 minutes left in a candle that also looks like it will close above both of those lines as well. Once it does that will mark 10 closes above the t line and 4 above the buy sell line....one more close above the buy sell line and we will be back in a buyers Market....so in anticipation of this I am going long...but as always will be prepared for the exact opposite outcome should it reverse course...Looking at the stoch rsi it seems like it wants to continue upward for a little while before retracing so I think it's a safe move. You choose your own path however as this is not financial advice. Good luck and thanks for reading!
price action continues to stay inside bear flagJust a quick update. Still inside bearflag...probability favors a bearish breakout but best to wait and see what the outcome is as there have been many fake breakouts during this consolidation period. If it breaksdown the 2nd red vertical dotted line is the price target it wil hit, the first vertical redline is the price target were expected to hit becaue of the bearish breakdown from the privious bul flag. Because we have yet to reach that price that makes it seem all the more likely we will break bearishly out of this current flag which will lead to even mroe downside unless the 50MA can maintains tron support. Thanks for reading! *not financal advice*
An Importsnt look @ the 1day chart on BTC(potential deathcross?)We currently are finding strong support on the day T line(in yellow) however the 4hr charts current candle has only 10 minutes left and appears like it will close well below the recent bull flag...if so the probability of the next 4 hour candle also doing so thus confirming the breakout is pretty good. Once/If that happens we will most certainly fall under the current 1 day tline. One important thign to note is that even though we've been above the buy/sell line(50 SMA in Orange) for several days now on the 4 hour chart, you can see we're still very much below it on the 1 day chart...so in the longer term we're still definitely in a sellers market though on the 4 hour chart we've been in a buyers market...I was optimistic we would be in a buyers market on the 1 day chart soon enough as well, but am now seeing what looks like the 200 SMA(in blue) and the 50MA (in orange) are headed towards eachother in a way that the could cross paths within the next few days....if that happens based on the slope of both, you will likely see the 50 SMA cross -below- the 200 SMA which is known as the "Death Cross" and indicates that the path of least resistance is now to the downside...a very bearish signal indeed...which will likely result in me deciding to go short again until I see some sort of definitive bullish turnaround. There's a chance that something may happen to prevent the death cross in the meantime....but for now the slopes of both moving averages seem to indicate the highest probability will be a death cross.
current 4 hour candle attempting bearish breakout from bullflag?The bullflag that never ends seems to be decisively bearish right now and breaking downward. That's not to say in the 45 minutes left before the close of the current 4hour candle the bulls couldn't still find a way to carry us back up inside the bull flag once again...and even if they don't this flag has attempted so many fake breakouts already, that it's definitely wise to wait and see how the follow up 4 hour candle to this one acts. It's not an official breakout until this candle and the next candle close below the bottom trendline....If that is to occur (which probability favors right now) , then as you can see the red line will send us down to at least the 50SMA and otentially slightly below it. Hopefully not, as we want first and foremost to stay above the 50 MA from here on out. That pesky 100 MA just keeps rejecting our advances. For now I will once again remain neutral on the chart and also be hodling even though my bias leans towards the bearish outcome right now...I am totally prepared for another fake breakout should it occur, but just as prepared for a legitimate breakout this time as well. Currently on the 1day chart the 1 day Tline seems to be holding steady as suupport...we will see soon how long that can last....if this bearish breakout gets confirmed then it will likely dip under the 1day tline, but the 1 day tline could also help us revert course and head back upward as well.
Current Bullflag Grows Bigger Allows Potential For Bigger UpsideOn the rwecent 4 hour candle we can see thaat it has dipped down to test the T line a few times..even wicking below it once...whle for the most part the body of the candle is finding supprot right at the bottom green trendline of the current bull flag. The T line and the bottom trendline of the bull flag are close enough to eachother in proximity that they are somewhat acting as a team of double reinforced support. I still think this will likely be a bullish breakout considering we haven't yet hit the target of the descending purple wedge breakout...and now if it is a bullish breakout the added height to the flag would have our projected bullish price target surpass the original descending wedge target price. All very possible..However we need to strongly consider the alternative outcome of a bearish breakout which I have illustrated the projected target price of a bearish breakout too which would carry us back down to the buy sell line as likely support considering it is being double reinforced by the red fib retracement line. Both outcomes are possible so this idea will stay neutral but my bias is still to the upside so I think the bullish breakout has the highest probability and if not, on a bearish breakdown, I think once we hit the 50 SMA if it wouldrebounc pretty nicely and continue upward. Just my thoughts, not financial advice...I plan on laddering in at the dips.
After the latest bull flag breakout, BTC goes Super Saiyan!"IT''S OVER NINE THOUSAAAAAND!!!" Move over Goku there's a new Super Saiyan in town! As anticipated, btc broke bullishly out of another bull flag which should see the price action rise to the top of the dotted green trendline right where it meets the blue fib retracement line. From there we are less than $100 away from the purple descending wedges projected target line. Once we hit the blue fib line be cautious as we may see a bit of a bounce down as it will likely initially act as resistance a few times before it is flipped to support....another exciting development is that we are quickly approaching the 100SMA which we have not been above in awhile...the longer we can start to close candles above the 100SMA the sooner the 50SMA is once again above the 100SMA which always signals that the upside is the path of least resistance...once we once again have the 50 above the 100, and the 100 above the 200 fora fe closes we will have a very healthy bull market once again. Good to see btc going super saiyan again just in time for Q2. Also good to see the alt coin market picking up again...2 of the ones I mentioned a few ideas ago that I just added more to my position on(aragon and siacoin) had a very good day today so hopefully some of you may have seen those on my list and picked some up as well.
Updated Support/Resistance Chart We have closed above buy/sell!Just a quick update on which lines are now support and which are now resistance....also We have officially closed 1 4 hr candle above the buy sell line (in orange). A few more closes above that(which I'm confident we will get) and we are back in a buyers market! Onward and upward!
Breakout is confirmed 50 SMA now acting as support!Exciting to see we have confirmed the breakout of the wedge....wedge breakouts tend to have very reliable projected target prices and this one goes all the way to $10335. I have updated my chart to show which fib lines, trendlines, and moving averages can act as support or resistance along the way. The only EMA I have on the chart currently is the T-Line...simply because the Simple moving averages have been acting much more like support/resistance lately than the eponential moving averages have....if that changes I will certainly include any pertinent EMAs on my chart. For now we can see that what was strong resistance at the 50MA (aka the buy sell line) has now flipped to support. This is huge because if we can continue to ahve the 50 MA act as support for 4 more 4 hr candle closes that will mean we are back in a buyers market. Considering the reliability of wedge patterns achieving their breakout targets I'd say that is a high probability, but still something to keep an eye on if for some reason it dips back below it. the current resistance is a previous green fib line as you can see. It bounced down off it and then confirmed the 50MA as support after bouncing up off the 50MA a very very good sign. I'd say keep an eye on the 50MA to make sure it maintains support...if so I have a feeling the green fib line will be resistance for a very temporary amount of time and we will be back in the buyers market soon....suggesting that the second quarter of this year will hopefully be a bullish one.
NCASH Business Model sense cf. other alt coinsNCASH coin has distribution through the worlds retailers in their sights. The model is simple and a potentially attractive investment at this early stage. The idea is retailers reward customers for visiting their store with NCASH direct to their wallet. When a customer makes a purchase they are rewarded with more NCASH. The retailer requests information on the customer, if they accept the customer is rewarded with more NCASH. Retailers get NCASH when they exchange information on in-store customers with other data providers. When a retailer requests information on a customer from another retailer, the customer is asked to authorize. If they accept, the retailer gets NCASH from the other retailer and the customer gets NCASH from the first retailer.
The customer can redeem NCASH through various Nucleus.Vision partners.
MOVING RIGHT NOW, The latest mover and the biggest opportunity $
Hey my beloved followers,
Here is the latest coin to get on the move as a reward for your patience.
Dollars and Senses has been stuck on a plane and not posting for a few hours. Here is a good one to ease us back into the groove.
Also thanks to those of you in our chat group for bringing the focus to the fast movers in real time… a few hundred eyes is better than 2 in a markets that’s growing in options to watch all the time
Jumping into moving coins always carries a degree of risk, what’s happened has already happened and the further something has actually moved, the less it has left to move. Still if we can find the right moves and the right pullbacks they are great opportunities to earn fast profits.
I am going to start with a very aggressive entry on BCPT and will then comment with a more conservative set up.
You can see on our chart that the dotted 0.000124 has become an important level in recent time, It’s a high set Feb 25, and has then been broken, retested and bounced off early today as part for a sharp move up. That move has now come back to our 0.000124 level, and the 23.6% fib retracement (Overlaid) and gives us our opportunity. Please note we haven’t pulled back even on these time frames to any EMA which shows us how early we are in the pullback. The is risk here but the fear of missing out is also great.
The set up is to aggressive for us to just buy the current level or test of the level, we need a Price action conformation. We need a decisive Buying bar (Closes towards the top of the bar) on a 30 minute or hourly chart. Once we have that we will buy as price takes out the top of the bar, with our Stop Loss below the bar and the level. From there first target is a a large scale out just before my blue line at 0.000132
If you want to make Dollars your decision needs to make Senses: Its hard to catch fast moving coins, when you can get the right entry you want to get in
I will keep you updated here.
Daily Quote Enjoy!
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
If you think investing is gambling, you're doing it wrong. The work involved requires planning and patience. However, the gains you see over time are indeed exciting!
Temp. resistnce/spprt update for BTC. Inverted h&s still in playEver since the bullish hammer spinning top 1 2 punch combo we've been on a nice up trend. yesterdays day candle finished strong right under the white 38.20% fibline ($10400) which was the previous 4 hour candle's line of resistance but has become the current 4 hr candle's support line. Yo can also see how the current 4hr candle dropped a wick down that bounced up off of the 20EMA. The 20 EMA(in purple) could potential be retested as the line of support for our low of the day...but the body will probably find the white fib line as its support. As far as the high of this current 4 hour candle and the high of it's body goes... it's still too early to tell but I notice we have already bounced down from about the halfway mark between the white fibline I spoke of earlier and the next fibline above it in red at the 23.60% retracement extension (10590) sothis candle's price action could be very tight we will have to wait and see if there will be a break out above or below either possibilities of support and resistance before determining whether or not its worth shorting or longing any positions. Lastly the reason this has a green backdrop is because we are still very much within the possibilities of a massive infverted head and shoulders...it is currently about halfway through the potential 2nd shoulder and still heading towards the direction neckline. Very exciting if this is a valid head and shoulders because that means as I have anticipated for at least 2 weeks now that it may be possible for a head and shoulder;s head to trigger more than one head and shoulders pattern.
Bulls catch second wind and bust through triple resistanceBulls caught their second wind and busted through a triple reinforced resistance line of the yellow fib line, and the convergence of the 200EMA and 200SMAs(on the four hour chart). They finally got the strength to close the day chart candle above that barrier which is a win for the bulls, Even though the candle on the day chart was indeed able to close above that barrier, it also closed as a hangingman candlestick pattern which can at times indicate a bearish reversal so it's best to trade cautiously at this time and more effectively hold and set smart stop losses if you do anything but be ready to buy right back in if you do...so probably best not to stop loss at this time...with the momentum we've had however and the fact that the inverted head and shoulders pattern usually yields a height that I indicated with the dotted line, I think there may be a chance of us reaching that price or even finding the pink moving average line as are new lline of resistance. Either direction is very possible for now so keep your eye on the incoming volume first and foremost and wait to see which way we're headed before diving into anything. Also make sure you're getting the ebst buy signals from a confluence of volume, rsi, mac d, and bollinger bands if you want to dial it in on the 4 hour 1 hour day and 30 minute charts. Cheers!