Beauty of Characteristic feature of Emas & Smas1. Ema 100 crossing up sma 100
2. Ema 200 crossing up sma 200
3. Ema 365 crossing up sma 365
4. Then, ema100 & sma100 crossed above ema sma365 with a pullback & bounce, during this candles fall below ichimoku green cloud
5. Now, ema 200 & sma200 crossing above ema sma365, pullback is starting & the bounce will occur, candles are coming below Green Cloud,
6. Since the lower MAs cutting & raising above the higher MAs, & the bullish cycle is live..... after this halving, every crypto should/must move higher
7. The bullish momentum resumes
Ogcheckers
Ema Sma MACD and the crossover bottomfishing - ogcheckersin the whole internet, everyone is talking about EMA crossovers and SMA crossovers
BUT I FOUND THAT THE EMA_SMA CROSSOVERS IS MORE EFFECTIVE IN FINDING THE BOTTOM
green - fast Ema
red - slow Ema
yellow - fast Sma
purple - slow Sma
when RSI is down , when macd histogram is in negative zone
when green crossabove yellow - its bottom fishing
BTC looks like a double bottom (2024)btc usdt looks like a double bottom
see, it follows that blue line
soon round or elliptical bottom will get formed
load up guys
next bull is at 2024 - get ready
some say 17500 or 12k or even 10k
but it wont happen
if you have tranches of amount to invest, invest some now, and keep some if you think it will reach more on the downside
BTC above(46k) before next dip to below(29k) before 2024 bullBTC above(46k) before next dip to below(29k) before 2024 bull
rsi 14 (orange) coming below 50 will be a buy zone
i myself waiting for rsi 14 to come below 50 and btc to come below 29k and will start to accumulate after 2023 march, that'll be enough
crypto futures hourly scalping with ma crossovers & rsi _ oghi to all lovable traders and investors
hereby i want to share a combination of trade ideas for scalping
i've chosen hourly timeframe
indicators used: moving averages and rsi
moving averages:
ema 3, ema 5, ema 7
sma 3, sma 5, sma 7
daily_ema_3, daily_ema_5
daily_ema_5, daily_sma_5
rsi:
rsi 7, rsi 14, rsi 26
daily_rsi_7, daily_rsi_14, daily_rsi_26
as per the analysis over moving average behavioral patterns & rsi movements, useful points are given below which will be helpful while choosing good entry points & exit points,
strategical points for LONG:
* when ema3 crosses above sma3 - green candles start to form
* it's followed by ema5 > sma5 and ema7 > sma7
* when ema3 crosses down sma3 - it's considered as an indication of exit
* if rsi supports then can wait for ema5 crossing down sma5
* as similar, when daily_ema_3 crosses above daily_sma_3, its an higher timeframe bullish indication, so the lower timeframe entries inside this higher timeframe is a sure shot confident entry
* for LONG always take entries when rsi_14 < 30 or 25 else check rsi_7 < 25 or below
* as along the above, bullish CANDLE patterns like bullish engulfing, morning star is been used for entry at lower levels
* so here i've used OPEN as rsi_source in majority
* exit points also indicated at high_rsi and moving average crossunders or reverse crossovers
* for SHORTING, the above said ideas can be used in viceversa
* inputs in the indicator were tailored for users needs so that you will enjoy the magics of customization
if i am wrong in anyways regarding the above indicator strategy, please forgive me and help me improve in this aspect by commenting.
after few more studies and analysis and mainly QUERIES & COMMENTS, i'm planning to backtest these strategies here in tradingview.
also if these strategies are coded in python, we can link it to Binance Futures Algo or Bot Trading.
thankyou for this opportunity,
thanks to tradingview and pinecoders
thanks to Pranab (for 365MA)
thanks to Gandalf (for inspiring)
Special Thanks & Love to Chartbank