Nison
XRPUSD - BUY SIGNALS (credit Dmitriy Lavrov)XRPUSD:
- Nison Change of Polarity (COP) strategy target is 0.256.
- Nison Trailing Stop strategy target is dead cross of MA 3/12.
- Nison 'Trading the 9' (MA 9/20/50) strategy entry is bullish reversal onto MA 9 support.
- Tom DeMark Sequential strategy is entry on 2>1.
BTC Overview: Potential Buy Signal1/3
2/3 See red fingers on right chart for a bearish perspective:
- Weiss Wave's remarkably high volume (histogram) at peak suggests fomo buying.
- CCI identified this extreme condition and reversed.
- This occured at Fisher Transform 3.0 deviation and BB upper band.
- Renko bricks are below iFish MA.
- Price is below 7500.
3/3 Buy Signal if 1H Renko Traditional w/ 60 Box Size Fisher Transform (Fisher line) finds support and reverses from zero line. You can set an alert on Fisher crossing 0.
Bitcoin - Buy The PanicCHART 1: BACKGROUND
Demand was found $7,435 Sull Sash / 0.382 fib support level and
reversed 40%, forming a Bullish Engulfing Pattern.
This support level has been sufficiently confirmed enough to
warrant the assumption of a higher low formation, leading to a
test of $12,505 Bear Sash resistance.
We can assume that we are in a box range and moving to confirm this
fact via the second testing of resistance.
The second confirmation of the box range support broke out of
Phi EMA 144 resistance.
Panic sentiment is building as we near this test of support.
Let us recall the wise adage: buy the panic, sell the greed.
CHART 2: PANIC BUILDING
BTC: Bullish & Bearish ScenariosBullish Engulfing Pattern is confirmed. Candlestick support @ 7710.
Steve Nison's favorite pattern is called a Crack & Snap. If you want to look for a bullish entry, look at the following bullish scenario:
1. Price cracks below support.
2. Price snaps back above support with high volume.
The psychology of the move is this:
Market participant demand was sufficient enough to lay down support via a candlestick reversal signal, in a downtrend. Price broke below the demand line (crack), introducing supply. The market should fall, breaking support. Contrary to the strong bearish signals, market participants had buy orders and the market snapped above resistance on high volume. This is an extremely high probability buy scenario, if it plays out.
Assuming this does not happen, I see the 6K region as a logical level.
OMGUSDT: Conservative/Aggressive Buy SignalOMGUSDT Assessmen t:
* Conservative: Buy after next candle close if 1D TD Sequential 2>1.
* Aggressive: Buy now.
1D Events :
07 September:
- Evening Star support @ $1.0037 ($1 psychological level).
08-10 September:
- 3x green Heikin Ashi closes near Phi EMA 8.
11-14 September:
- Price supported by iFisher MA 21.
- 2 Spinning Tops ( "trend losing momentum")
Today :
- Green Heikin Ashi candle.
- Green TD price flip.
- Fisher Transform(12/12) cross @ BB median.
- Fisher Transform Smooth cross @ BB median.
- iFish RSI/Stoch/CCI white.
- iFish Stoch within normal range
Unannotated Chart :
Bitcoin: Analysis
31D: Candlestick analysis suggests that the bull market is over if this candle closes <= 1/2 way into the previous large white real body. There is significant demand between 8450-7450. Panic selling will likely drag price into this range, providing the ideal buying opportunity. Assuming a bullish candlestick reversal pattern in this range seems warranted. If this plays out we would find ourselves in a box range between 14K & ~8450. Swing Trading paradise would start there. Assuming anything less than 7450 appears unwarranted at this point.
1W: EMA 17/34 have been significant Phi support and it appears that the former is failing. This suggests EMA 34, 8125 as the next buy target. The previous bullish attempt was extremely weak. MACD's stairway-down descend suggests to me that bear supply has not yet entered the market. I expect a high-volume panic as we lose EMA 17. We are likely witnessing the loss of the Fisher Transform 0.0 line with an expanding Bollinger Band. Expecting a -3 deviation seems reasonable, also seeing as iFish has not yet reached the OS region.
1D: The nearest (knife-catching) area based on strong Phi support is likely at 9050. I would suggest that this would be a bounce to test TDST 9555 (broken) support / Change of Polarity. This knife-catching level is supported by a previous Morning Star ~45 days ago, at 9050. We have broken below the significant Phi EMA 72. Assuming range/swing conditions between Phi 72 and (higher significance) 144 seems warranted. Descending Phi 17 EMA suggest a pass-or-fail breakout test within the next week.
m15: The continuous anemic bullish attempts have clearly failed. The only reasonable outcome here appears to be panic selling into the 9K psychological area.
BUY BITCOIN! This is amazing.HOLY SHIT i JUST DISCOVERED SOMETHING ON 12H.
- This demand wave is the test of the shoulder line of a 12H H&S.
- We surpased a longer downtrend line and we're above the neckline.
- Phi 305, 144, 17 have been strong 12H support.
- We have support from all of these ^ in the strongest order.
- This shoulder and trend line test is off of a bounce from Phi EMA 17.
Look at the EMAs:
Look up close:
BITCOIN - OverviewBTCUSDT - 31D, 1W, 1D
31D:
- TD D-Wave sell signal
- net volume falling
- potential target: $8,000 (SMMA 6)
1W:
- TD D-Wave sell signal
- ADX TURNING BEARISH
- net volume falling
- Fisher histogram negative
- potential target: $9,200 (1W Bullish Engulfing Pattern & EMA 17 Phi)
1D:
- weak bounce from uptrend failed to draw candlestick support
- TD Sequential 6/9 setup
- Potential targets:
$9,555 (1D TDST) - $9,060 (1D Morning Star)
$8,800 (EMA 144 Phi)
$8,500 (1W Bearish Engulfing Pattern)
$7,500 (1W Bullish Engulfing Pattern & EMA 305 Phi)
1D:
- Below PB&J (SMMA6 & EMA 30)
- Heikin Ashi red
- Fisher Bollinger Band & 0.0 resistance
- Volume Profile draws a Symmetric Triangle
- Breakout target:
$15,500
BITCOIN: STEVE NISON PB&J STRATEGY - BULLISH OBSERVATIONSSTEVE NISON: PULLBACK TO SWEET SPOT STRATEGY (PB&J)*
BUY BETWEEN SMMA 6 & EMA 30
OBSERVATION SHOWS THAT DEMAND BETWEEN THESE MOVING AVERAGES IS STRONG.
YOU CAN OBSERVE THIS IN THE FORM OF LOWER SHADOWS AND
BULLISH REVERSAL CANDLESTICK PATTERNS.
* ORIGINAL SMMA 10 MODIFIED TO MATCH MARKET CONDITIONS