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Movingaverageconvergencedivergence

Quick BTC 1d chart updateBTC has broken out upwards from its Descending Triangle and made a successful re-test as support. BTC is above its Bollinger Bands Upper Band and note that the Upper and Lower Bands are expanding away from each other indicating increased volatility. Note that the Bollinger Bands Middle Band Basis 20 Period SMA is also pointing upwards. Using the Ichimoku Cloud 20,60,120,30 settings: The Ichinoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid-point of the short-term momentum is upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is upwards. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum at the moment is upwards. Note that the Ichimoku Cloud Leading Span A (Senkou Span A) is pointing upwards. Also note that upwards momentum has been strong enough to make the Ichimoku Cloud Leading Span B (Senkou Span B) point upwards. This is a VERY GOOD THING as its raises future support levels for this 1d timeframe. Note that BTC is way above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 4 daily candle that i have selected. Note that Volume has increased and note that todays Volume Bar is above its Volume 20 Period Moving Average. The On Balance Volume (OBV) is looking really great with strong upwards momentum and note that the OBV line is above its 9 Period EMA. Note how using a 9 Period EMA on the OBV indicator is very useful. The Moving Average Convergence Divergence (MACD) is looking really good with 6 increasing Green Histograms, note that the MACD Line and the Signal Line are both back above the 0.0 Base Line and back in the Positive Zone. A couple of scenarios to ponder now that BTC is way above its Bollinger Band Upper Band on this 1d chart: 1: BTC may continue walking upwards on the outside of the Upper BB for a few more days before an inevitable retrace back under the Upper BB, consolidate for a bit, and then continue upwards. 2: BTC retraces back to the previous Descending Triangle Trend-line, BTC test it as Support and then continues upwards. 3: BTC Drops to either its Ichimoku Cloud Conversion Line (Tenkan Sen), Ichimoku Cloud Base Line (Kijun Sen) or to the Bollinger Bands Middle Band Basis as its lowest support. At the moment of typing this, BTC is showing no real sign of stopping yet, but In any case, if there is a retrace, it shouldn’t come as a surprise. I hope this is helpful with your trading and hodl-ing.
BITSTAMP:BTCUSD
by entertheroach
2
VeChain - still in its Symmetrical TriangleVeChain is still within its massive Symmetrical Triangle on this 1d timeframe. Note that VET is still ABOVE its Longterm Upwards trend-line. Note that VET is back ABOVE its Least Squares Moving Average (LSMA) on this 1d timeframe. VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Lower Band is moving upwards indicating weakening volatility and a possible Bollinger Bands Squeeze/Pinch. Volume on Binance has decreased and note that the last 4 Volume Bars have been below its Volume 20 Period Moving Average. VET is back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 4 daily candles that i have selected. VET is still below its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. If we look at the On Balance Volume (OBV) the OBV (Blue Line) has increased but note that it is still under its 9 Period EMA (Orange Line). If you are waiting for confirmation of renewed upwards momentum STRENGTH then you need the OBV (Blue Line) to cross back above the 9 Period EMA (Orange Line) and stay above it. The Average Directional Index (ADX DI) is indicating the trend strength has increased with the ADX (Orange Line) at 32.49 and ABOVE its 9 Period EMA (Black Line) which is at 30.46. The -DI (Red Line) has increased to 26.70 and the +DI (Green Line) has dropped to 10.52. This tells me that Negative Momentum has increased and Positive Momentum has decreased on this 1d timeframe. The Moving Average Convergence Divergence (MACD) is indicating VET still has a very long way to go on this 1d timeframe before we see the MACD Line (Blue Line) cross back over the Signal Line (Orange Line). Note that we do have lessoning Histograms but note that the MACD Line (Blue Line) is still under the 0.0 Base Line and it is still in the Negative Zone. The ascending trend-Line of the Symmetrical Triangle is a major support level. If VET ends up dropping more, a good spot to buy extra VET would be around $0.076 - $0.069. I wouldn’t get excited until VET crosses and closes a daily candle back ABOVE the Descending trend-line of the Symmetrical Triangle and turns it into strong support. Also, be on the lookout for when the OBV (Blue Line) crosses back above the 9 Period EMA (Orange Line) as well as a CLOSE back ABOVE the Bollinger Bands Middle Band Basis on this 1d timeframe. Here is a closer look at this 1d chart. I hope this is helpful with your trading and hodl-ing. Notes: Symmetrical Triangle = Black Lines on Chart Longterm Upwards Trend-line = Dashed Line on chart LSMA = Black Squiggly Line on Chart Bollinger Bands = Grey Bands on Chart VPVR POC = Long Horizontal Red Line on Chart VPFR POC = Short Horizontal red Line on Chart Volume = Red and Green Bars bottom of Chart. Volume MA = Orange Line going through Volume Bars bottom of Chart.
BINANCE:VETUSD
by entertheroach
5
ADA - 1d chart updateADA is still in a Descending Triangle on the Daily Chart. Note that a descending triangle is a bearish pattern. ADA needs to break back above the descending trend-line for renewed upwards momentum. ADA is fighing to stay above its Bollinger Bands Middle Band Basis 20 Period SMA. ADA is back above its Least Squares Moving Average (LSMA) for this 1d timeframe. A candle above the LSMA is considered a buy signal for traders who use this indicator. Today’s Binance Volume is lower than yesterday’s and note that the Volume Bar is back under its Volume 20 Period Moving Average. ADA is still below its Volume Profile Visible Range Point of Control (VPVR POC) for this charts visible range. ADA is back above its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 5 daily candles i have selected. If we look at the On Balance Volume (OBV) the OBV (Blue Line) has increased but note that it is still under its 9 Period EMA (Orange Line). If you are waiting for confirmation of renewed upwards momentum then you need the OBV (Blue Line) to cross back above the 9 Period EMA (Orange Line) and stay above. The Average Directional Index (ADX DI) is indicating the trend strength has dropped with the ADX (Orange Line) at 29.83 still below its 9 Period EMA (Black Line) which is at 32.67. The -DI (Red Line) has dropped to 17.92 and the +DI (Green Line) has dropped to 13.18. This tells me that both Negative Momentum and Positive Momentum has dropped and that the trend strength is still uncertain until the ADX (Orange Line) crosses back above the 9 Period EMA (Black Line) on the id timeframe. The Moving Average Convergence Divergence (MACD) is indicating ADA still has a while to go on this 1d timeframe before we see the MACD Line (Blue Line) cross back over the Signal Line (Orange Line). Note that we do have lessoning Histograms but note that the MACD Line (Blue Line) is still under the 0.0 Base Line in the Negative Zone. The Descending Trend-Line of the Descending Triangle is a major resistance level. I wouldn’t get excited until ADA crosses and CLOSESs a daily candle ABOVE this level, and unless the OBV (Blue Line) crosses back above the 9 Period EMA (Orange Line) on this 1d timeframe, then ADA will continue to create Lower Highs. I hope this is helpful with your trading and hodl-ing. Notes: Descending Triangle = Dashed Lines on Chart LSMA = Black Squiggly Line on Chart Bollinger Bands = Grey Bands on Chart VPVR POC = Long Horizontal Red Line on Chart VPFR POC = Short Horizontal red Line on Chart Volume = Red and Green Bars bottom of Chart. Volume MA = Orange Line going through Volume Bars bottom of Chart.
BINANCE:ADAUSD
by entertheroach
6
VeChain - Longterm Weekly Chart AnalysisLet’s have a look at the weekly chart for the most criminally undervalued crypto EVER. A Blockchain that is actually being USED by some of the words top companies and has a client base that would make any corporate jealous & salivate with envy. It HAS and IS everything every other Blockchain wishes it was. Worthy of note it that the behemoth PwC is an actual shareholder! I’m talking of course about VeChain. VET is below its Bollinger Bands Middle Band Basis 20 Period SMA. A weekly CLOSE ABOVE this level is crucial. VET is still above its 50EMA on this 1W timeframe. VET is still above its Least Squares Moving Average (LSMA) and note that the last weekly candle bounced off the LSMA as support. Note that overall Volume is still relatively low and the last 16 weekly Volume Bars have been below its Volume 20 Period Moving Average. VET is still above its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range. VET is below its Volume Profile Fixed Range Point of Control (VPFR POC) for the fixed range of 9 Weekly Candles that i have selected. A weekly Candle CLOSE ABOVE this POC is crucial. I have added a few support and resistance areas. At the moment, VET has found some support from its lower support area located at around $0.107 - $0.113 . A weekly CLOSE ABOVE the support are is crucial but not the end of the world if we don’t as there is still a lot of support below. Note that VET is in a massive Symmetrical Triangle on this weekly timeframe. Note that the APEX is around the week of the 13th December. The Moving Average Convergence Diveragnce (MACD) is indicating momentum is downwards at the moment and note that the MACD Line (Blue Line) has crossed back under its Signal Line (Orange Line) creating a Red Histogram. Note however that the MACD Line (Blue Line) is still above the 0.0 Base Line in the Positive Zone. A drop below the 0.0 basle line on this 1W timeframe will be very bad so its crucial VET stays above the 0.0 base line in the positive zone. The On Balance Volume (OBV) is indicating momentum is downwards within a range at the moment. Note that the OBV (Blue Line) is below its 9 Period EMA (Yellow Line). We need the OBV (Blue Line) to cross back above the 9 Period EMA (Yellow Line) as well as break back ABOVE the dotted line at around 162.8B and then at around 163.72B for upwards momentum confirmation. The OBV indicator needs to stay above the 160.079B level. Looking at this longterm chart, even if VET does drop lower, it would still be in a longterm uptrend so long as VET CLOSES ABOVE its Longterm Trend-Line (Dashed Line). Unless BTC massively shits the bed again down to $28k then VET won’t drop to $0.07 but VET may possibly drop to $0.099 - $0.0934 if downwards pressure continues and VET cannot make a higher low or higher high next week. Hopefully, after the release of POA2.0, we’ll see VeChain added onto other major exchanges & platforms like Kraken, Coinbase, Phemex, eToro and Bitstamp which will bring much needed liquidity and exposure. I mean FFS, if ShibaInu & Dogecoin are good enough for Coinbase & eToro, surely VET must be. ;-) I hope this is helpful with your Trading and Hodl-ing. Notes for those who don’t know: LSMA = Black Squiggly Line on Chart 50EMA = Yellow Squiggly Line on Chart Bollinger Bands = Grey Bands on Chart Longterm Trend-Line = Dashed Line on Chart VPVR POC = Long Horizontal Red Line on Chart VPFR POC = Short Horizontal Red Line on Chart Volume Bars = Green and Red Bars Bottom of Chart Volume 20 Period MA = Blue Line going through Volume Bars on Chart Support and Resistance Areas = Black Lines with Yellow Shading on Chart Symmetrical Triangle = Ascending dn Descending Trend-Lines
BINANCE:VETUSD
by entertheroach
8
Time to declare the greatest MACD OF ALL! HELP ME CHOOSE!OK. LETS TALK ABOUT THIS MACD INDICATOR.... WHICH ONE THOUGH? (moving average convergence and divergence indicator) is a popular indicator. Pretty obvious. It does many things. Plots a histogram that works well for divergences and show changing comparisons. offer crossing signals, and even has its own levels or structures to filter trades on it. It IS a lagging indicator... so it will never be perfect on its own. As I looked for one to adapt to a new strategy I am making... I found that many others MUST agree! Here are 12 different variations of MACD. For the most part, they all have massive views and likes on trading views. And for something as universal and loved as the MACD I have to say... there can be a lot of small and big variances in the signals, how it is used, what it is used for. So Today I want to begin a discussion that I hope all of tradingview members will join me in. In declaring among these or another if you have one.... 5 titles! we will do it by vote and your basic explanation if you have a reason. and you can just pick one of the 5 titles. However, this Posts goal is to determine THESES TITLES 1. Which is the KING of all the MACD here? (please share your reasons and why you think so for any category) 2 . Which is the BEST MACD for small time frames signals and entries for scalping (no greater than 1 hour) 3. Which is the BEST MACD for Swing Trading? 4hour -daily timeframes? 4. Which is the BEST MACD for finding DIVERGENCES? 5. Which MACD has the BEST HISTOGRAM These indicators will be CROWNED (KING D) (SCALP D) (SWING D) (DIV D) (HISTO D) And for your time and participation in this quest. later on down the road when our winners are clear perhaps I can Update some of them to include self plotting divergences and maybe oscillation trendlines so that those winners are better than ever. SO LETS GET RIGHT TO IT! Which MACD? WHY? FOR WHAT? TOSS YOUR HATS AND VOTES OR THOUGHTS INTO COMMENTS AND DISCOVERY SOME OF THESE COOL INDICATORS IF YOU HAVE YET TO. FEEL FREE TO HAVE OPEN DISCUSSION IN THE COMMENTS YOUR CANDIDATES. MACD - X A better macd from @dgtrd (this macd has slightly different calculations and a ton of extra added features which probably all needs to be looked at to be judged MACZ VWAP from @LazyBear (this macd uses zscore and implements vwap usage. has smoothing for choppy factor and perhaps good entries but maybe it varies as well. should take a look) Stick Line macd from @blackcat1402 (newer addition and has interesting behavior that actually gives warnings for when reverses cross or signals may arise) MACDAS from @KivancOzbilgic THOMAS ASPRAY'S MACD by KIVANC (based on MACD HISTOGRAM'S 9 period EMA signal line) 4C 4 color macd from @vkno422 (this is a strict histogram macd that features for 4 different colors and a strategy for how to treat them_ OBV MACD indicator from @RafaelZioni (this is a linear macd that uses its base signal from the OBV for improving entry. considerations can be made for if it keeps with trades or exits them at the best time. it is nice with pivot labels signals also included in the indicator) ADVANCED PPO (price percentage ocsilator) from @TheLark (this is an alternative that is used in a similar fashion to macD. and inverse sort of. It is the Laguerre ppo. while less known some consider it a macd improvement) MACD DEMA from @ToFFF (macd worked with double exponential moving average) DOUBLE MACD buy sell from @Dreadblitz (this double setting combo of macd won a competition and the poster goes into detail on it and shares video link about it) IMPULSE MACD from @LazyBear (this histogram macd doesn't have crosses but a completely different method and way to view and enter price using macd) STC indicator a better macd from @shayankm (this improved entry method turns the macd into a similar inverse fisher looking binary signal view. try it out to see your thoughts) SuperSmoothedMacd for crypto (and stocks) from @KivancOzbilgic (he has made both smoothed adjusted macd for crypto and stocks. (I will post 1other can be found) it is up to user to decide if is indeed better than the other macd choices for crypto and stocks in the end) Customizable macd for any timeframe+ from @ChrisMoody (a must-have inclusion as one of the first big and versatile macd indicators on trading view. with a lot of functionality. It should be discovered if some of the newer things offer different factors or abilities that this one can be customized with)
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CME:BTC1!Education
by Gunslinger2005
60
Trading a Ranging MarketBAND has broken its previous consolidation range only to enter another range. Let’s take a look at how you can take advantage of a ranging market! BAND Price Action BAND was one of the best performing cryptocurrencies in the first half of 2020. However, after its crash in September, the cryptocurrency has yet to regain its strong momentum. The token has ranged between $5 and $7.5 for almost four months. On January 6th, it finally broke this range, only to enter another one, this time between $7.5 and $11.5. Let’s now take a look at a strategy you can use to take advantage of this. Ranging Market Strategy You can use Williams %R on the 4h chart to find oversold zones and then use the MACD on the 1h chart to enter when the reversal is taking place. In short, the strategy works like this: when the Williams %R shows overbought on the 4h chart, take the next MACD buy signal on the 1h chart. As displayed in the chart above, this strategy can identify some great reversals. When it does identify reversals, the strategy can make significant gains. On the other hand, you may also get some “fake signals” that are too early and bring about large losses. Therefore, it is probably best to go with a tight stop loss to minimize losses, and a wide profit target and trailing stop loss to take full advantage of reversals. Disclaimer: This is just one example of a strategy that you can use to trade a ranging market, and is not a recommendation. Using this strategy in a bearish market will probably lead to more losses than gains. Suppose you want to use it in a bullish market instead. In that case, you can add the MESA or any other trend-following indicator on the daily chart, to make sure you only take trades in the direction of the trend.
Long
by cryptohopper
Celcius Experiences Outstanding GrowthCelsius (CEL) experienced an exceptional 300% growth in one month. The coin has now stabilized, and its direction is currently unclear. Celsius Fundamentals Similar to a bank, Celsius (CEL) borrows from one set of clients, lends to others, and profits from the difference between the interest rate. However, CEL mostly works in the crypto space as it mainly borrows and lends in crypto. Additionally, it does not have any government deposit insurance, making it riskier than a traditional bank. Celsius on the Chart Celcius experienced an exceptionally long ranging period this year from July to September. On September 10th, the price finally made a breakthrough, and CEL experienced an outstanding 300% growth in a single month. The coin reached an all-time high of $1.5. CEL is now stabilizing between $1.2 and $1.5. Due to the swift and strong growth, the coin hasn’t created any support level on its way up. Therefore it is now in danger of failing all the way down to the $0.5 and $0.35 support levels. An indicator that you can use to get early buy and sell signals on the daily chart is the MACD. The MACD indicates a buy signal when the histogram turns green and a sell signal when it turns red. The indicator works well to identify bull runs early and sell relatively close to the high. The MACD can be classified as both a trend-following and momentum indicator. Like all trend-following indicators, it tends to perform poorly in ranging markets. Looking Ahead: The MACD is now about to turn red, indicating that the bull run may end. Since no support levels were established, it is better to time your next entry with technical indicators rather than support levels.
HITBTC:CELUSDLong
by cryptohopper
6