Additional indicator to be used after the ATH update(StErr Line)
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-------------------------------------
(BTCUSDT 1W chart)
Since it has not risen above 73777.0, it has not yet updated the ATH.
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(BTCUSDT 1D chart)
If the price maintains above 71280.01, it is expected that there will be an attempt to update the ATH again.
From the current price position, it seems that it will have to fall below 67414.39-68393.48 to turn into a short-term downtrend.
However, if it falls below 70148.34, I think it is necessary to take preemptive action to split it.
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When the ATH is renewed, it is like being in an unknown world, so it is difficult to predict with chart analysis.
Therefore, in order to know the movement after the ATH is renewed, you have no choice but to use various indicators or chart tools to predict.
For this, the Linear Regression Channel that I mentioned earlier was explained.
Today, I will explain the StErr Line indicator, which is newly added to the HA-MS indicator.
The StErr Line indicator (Standard Error Line) is the baseline of the indicator that forms a band using the Linear Regression formula.
If the price is above the StErr Line indicator, it is likely to continue the upward trend, and if the price is below, it is likely to continue the downward trend.
You can use the StErr Line indicator together with the BW (0) and BW (100) indicators to determine the trading point.
The BW (0) and BW (100) indicators are generated when the BW indicator in the auxiliary indicator touches and breaks away from the 0 or 100 point.
Therefore, it allows you to identify the low or high point range.
The Linear Regression Channel or StErr Line indicator is a tool for chart analysis, but if you use it with support and resistance points, you can use it to create a trading strategy.
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Have a good time.
Thank you.
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- The big picture
It is expected that the full-scale uptrend will start when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Oscillators
RATSUSDT.P
Hello dear friends,
Another degen SHORT is coming your way! This time, it’s 1000RATS on the 30-minute timeframe. This one is extra degen due to the volatility of this meme coin.
Two things on the chart make me bearish: first, the price is at resistance, and second, there's a bearish divergence in volume.
This is not financial advice by any means! Stay safe, and keep that SL tight!
SOLUSDT.P
Hello friends,
Here’s the next degen SHORT in this series! We have SOL, one of the giants of crypto. We’re looking at two oscillators, RSI and CMF, both of which are bearish on the 30-minute timeframe. That’s why I'm shorting SOL—but, of course, this is not financial advice in any way!
Stay safe, and keep that SL tight!
BTCUSDT.P
I'm trying to short the king of crypto, BTC. This is more of a degen trade, so proceed with caution! Momentum and RSI are losing ground, which could be bearish. Keep in mind that both are momentum oscillators, so they behave similarly.
Keep that SL tight and stay safe. This is not financial advice in any form.
Stay safe!
Zoom Video Communications, Inc. - Bullish divergence*investment opportunity*
A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?
1) Price action and RSI resistance breakouts.
2) Support and resistance, look left. Price action is on past support. Terrific.
3) Bullish divergence. Lots of it, as measured over a 100 day period.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Act now
Return: Rather awesome. Will say elsewhere.
Stop loss: Will say elsewhere.
USD/JPY rally facing fundamental test with US job openings data USD/JPY remains a play on the US interest rate outlook, sitting with an incredibly strong correlation with US two-year Treasury note futures of -0.98 over the past fortnight. When short-dated US debt futures have moved in a particular direction, USD/JPY has almost always done the opposite, mirroring US Treasury yields.
With there's no obvious reversal pattern in US two-year note futures in the right-hand chart, providing reason to be cautious about getting to aggressive, with the first of the week’s major US economic releases on the way in the form of JOLTs job openings for September, the risk of profit-taking in USD/JPY appears elevated.
After a surprise bounce in August, markets are looking for only a minor decline in openings of 50,000 to 7.99 million. Notably, this survey tends to bounce around and we haven’t seen back-to-back increases since late 2022. That hints at the potential for a downside surprise that could spark downside for US Treasury yields and USD/JPY which have run very hard in recent weeks.
If the price holds below 153.19, you could initiate shorts with a tight stop above for protection targeting a return to the 200DMA.
Good luck!
DS
The key is whether there is support near 0.15330
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-------------------------------------
(DOGEUSDT.P 1W chart)
If the price has risen sharply but you have not been able to start trading, it is recommended to check what kind of movement is shown near the support and resistance points and then start trading.
Accordingly, it is recommended to check whether there is support near 0.15330.
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(1D chart)
If it continues to rise like this, it is expected that the StochRSI indicator will rise to around 50 when it rises to the 0.16625-0.18218 range.
Accordingly, there is a high possibility of volatility, so I think you can start trading depending on which direction it deviates from the 0.16625-0.18218 range.
Since it rose above the upper part of the parallel channel, it is likely to show a tendency to return to the channel over time, so I think it would be good to check for support around 0.15330 and decide whether to start trading.
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(1h chart)
1st: Touch the Standard Error line and see what movement it will show,
2nd: Touch around 0.15330 and rise along the channel,
3rd: Touch the 5EMA of the 1D chart and see what movement it will show,
I think it's not too late to start trading after checking what it looks like in the 1st-3rd above.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
If you see support near 2706.15, it's time to buy
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-------------------------------------
(ETHUSDT 1M chart)
I think it needs to rise above 2706.15 to start an uptrend.
Therefore, when it shows support near 2706.15, it's time to buy.
If it falls below 2281.87, you need to be careful because you don't know how far it will fall.
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(1W chart)
The point to watch is which direction it deviates from the 2281.87-2706.15 section.
If it falls below 2118.67-2281.87, it is likely to meet the HA-Low indicator.
The HA-Low indicator is currently formed at 1340.12, but it is likely to be newly created as the price falls, so you should check the movement of the HA-Low indicator.
If it rises above 2706.15 and maintains the price, it is likely to turn into an uptrend.
Therefore, if the rise starts, you should check for support near 3265.0-3321.30 or 3438.16-3644.71.
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(1D chart)
The reason why it needs to rise above 2706.15 is because the M-Signal indicator is currently in a reverse array and the M-Signal indicator on the 1M chart is passing around 2666.70.
In order to show a continuous upward trend, the price needs to be maintained above the M-Signal indicator on the 1M chart at least.
Accordingly, the key is whether it can be supported around 2555.69, where the M-Signal indicator on the 1D chart is passing, and rise above 2706.15.
If it fails to rise, it needs to check whether there is support around 2359.35.
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The HA-High indicator on the 1D chart is formed at 3787.59.
As the price rises, it would be nice if the HA-High indicator on the 1D chart is newly generated, but if not, it is expected that a full-scale uptrend (stepwise uptrend) will begin only when it rises above 3787.59.
Accordingly, the point to watch is whether the HA-High indicator on the 1D chart falls and is generated.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Whether to challenge the ATH is the point of interest
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-------------------------------------
(BTCUSDT 1D chart)
It is showing an upward breakout of the 1st section.
Accordingly, the key is whether the price can be maintained above the 68393.48-69031.99 section and rise to around 71280.01.
If it shows a sharp rise, it is expected to touch around 73000.0.
If it rises above 70148.34, the StochRSI indicator is expected to rise to around 50, so you should be careful about volatility.
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(BTCUSDT.P 1h chart)
When viewed with the Linear Regression Channel indicator that automatically draws parallel channels, it shows an upward breakout of the upper part of the channel.
Accordingly, when entering the channel, we need to check at what point support and resistance will be shown.
Currently, it is expected to check whether support is found by touching the 69020.1-69332.4 section or the 70168.8-70320.3 section.
The 5EMA of the 1D chart is rising to around 68447.9.
The next volatility is likely to occur when touching the 5EMA of the 1D chart.
If it touches the 70168.8-70320.3 section and falls, the 68447.9 point is expected to be the liquidation point.
-
Have a good time. Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Important volume profile section: 5.163
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If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTC.D 1M chart)
I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall.
If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge.
Accordingly, I think that now is not the time to trade altcoins.
To trade altcoins, you need to respond quickly and briefly.
----------------------------------------
(RUNEUSDT.P 1M chart)
Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163.
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(1W chart)
In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array.
Accordingly, whether there is support around 4.404-5.163 is an important issue.
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Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level.
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(1D chart)
The point of interest is whether it can receive support near 5.421 and rise above 6.605.
If it falls below the 5.050-5.218 range, you should check for support near 4.404.
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Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility.
Therefore, you should check for support and decide when to trade.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Platinum - Daily Resistance Zone - Bearish Divergence CAPITALCOM:PLATINUM has reached a daily resistance zone and currently slowing down the bullish momentum since the support trend line is broken! Additionally, bearish divergence is also present on the chart and price action indicates incoming bearish momentum since the HL on 4 hr has been broken and retested!
Cardano (ADA) 70% macro correction to 15 cents?On the “Alt-coin market preparing for a 10x move” idea from July 2023 (below) it was written:
“A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective.”
Legacy token holders are slowly coming to the realisation this was not hyperbole. LTC, MATIC, ALGO, you name it, legacy tokens are underperforming. ADA is now added to the list of tokens set to show significant underperformance for the remainder of this bull market.
On the above weekly chart ADA price action has confirmed significant negative divergence across 8 oscillators as measured over a 2 month period. Just as it was in March 2021. Look left!!
In addition to the divergence price action has confirmed legacy support as resistance. It does not get much more bearish than this. But it does… The ADA / Bitcoin ratio..
The ADA.btc pair has confirmed resistance following a confirmed break of market structure. This is not indicative of other tokens currently over performing in the space.
Is it possible price action see higher highs? For sure.
Is it probable? No.
Ww
Alt-coin market preparing for a 10x move
ADA.btc monthly
EUR/AUD bounce delivers good news for bullsEUR/AUD closed above the 50-day moving average on Friday after a successful break of 1.6318.
After opening Monday marginally higher, the price pushed lower to retest 1.6318 before bouncing strongly towards the European open, providing the framework for the bullish setup.
It’s not appealing from a risk-reward perspective to buy around these levels with the 200-day moving average in close proximity, so my preference is to wait for a potential pullback towards the 50-day moving average, providing a better entry level while allowing for a stop to be placed below 1.6318 for protection.
The 200-day moving average would be the initial trade target. If the price were to trade through that level, 1.6450 would be the next potential target.
With MACD and RSI (14) providing bullish signals on momentum, the preference remains to buy dips and breaks rather than selling rallies.
Good luck!
DS
Why Smart Money is BEGGING for a Bitcoin Dip (Technical Analysis📈 Why Smart Money is BEGGING for a Bitcoin Dip (Technical Analysis)
MAC Strategy: Your Dip-Buying Blueprint
Monthly and weekly Moving Average Channel indicators are bullish. Here's your shopping list:
- Weekly MAC support: $59,234
- Monthly MAC support: $55,943
These aren't dips - they're gifts. When Bitcoin touches these levels, smart money moves fast.
Ducks in a Barrel Strategy Says "Load Up"
Weekly timeframe say we want to buy the dip. :
- 39 & 52 week MAs trending up and pulling away from each other (bullish momentum)
- Strong uptrend intact in spite of the several months of consolidation..
Perfect storm setup for Ducks in a Barrel:
1. Bitcoin undervalued vs gold/treasuries
2. Stochastic hits oversold at the same time
If you see a Bitcoin dip, REMEMBER: Dips are Gifts.
Stop Missing These Setups
I'll be honest - finding and catching these dips isn't rocket science, but timing is everything. Ready to level up?
- Learn how to implement rules based & non-discretionary trading to become profitable
- Learn to interpret the Commitment of Traders data to gain a major edge in the markets
- Join live market analysis sessions
- Learn my exact entry triggers
- Master risk management
DM me for more information. Serious traders only.
Trading Disclaimer
TRADING CRYPTOCURRENCIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. Past performance is not indicative of future results. The information provided in this analysis is for educational purposes only and should not be considered financial advice. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change without notice. I am not a licensed financial advisor. All trading decisions and consequences are your responsibility.
The key is whether it can rise above the 1st section
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-------------------------------------
(BTCUSDT 1W chart)
When a new candle is created, you should check whether there is support near 68393.48.
And you should also check what movement the StochRSI indicator will show.
From the current position, the important support and resistance sections are
- 68393.48-71280.01
- 65602.01-65920.0
- 61099.25
The three sections above.
If the price is maintained above the HA-HIgh indicator, a full-scale uptrend (stepwise uptrend) is likely to begin.
However, it is important how the BW (100) indicator section, 68393.48-71280.01 section, is broken upward.
-
(1D chart)
Therefore, the key is whether the price can be maintained by breaking upward through the first section, 68393.48-69031.99 section.
If not, you should check for support near 65920.71-67414.39.
Since the HA-High indicator on the 1D chart is formed at the 67414.39 point, the point to watch is whether it can receive support near 67414.39 and rise.
-
The StochRSI indicator is showing signs of turning upward.
However, it has not yet risen from the overbought zone, and StochRSI < StochRSI EMA.
Therefore, when a new candle is created, you should check how the StochRSI indicator appears.
When the StochRSI indicator falls below 50, the decline is interpreted as a strong decline, but eventually you will find the time to buy.
Therefore, when the StochRSI indicator is below 50, it is recommended to create a trading strategy from a buy (LONG) perspective.
If you trade from a sell (SHORT) perspective, you need to respond quickly and briefly.
The StochRSI indicator is not an all-purpose indicator, but it allows you to know the timing of response and the intensity of the wave to some extent.
Therefore, if you use the StochRSI indicator, you will have less conflict about whether to go up or down right now.
In addition, since you are more likely to trade in the direction of the trend, you will be able to reduce the number of times you cut your loss.
-
Due to the changes in the chart, the next volatility period is likely to start around November 4th.
So, let's check the overall flow when the new month starts.
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If you use the Linear Regression Channel indicator in TradingView indicators, it will automatically draw a parallel channel according to the current price position.
You can set the indicator settings to suit you.
However, the recommended settings are 50 (Length), ohlc4 (Source).
I think that chart tools such as trend lines, channels, and Fibonacci are tools for chart analysis.
Therefore, I do not recommend using chart tools to create trading strategies.
In order to create a trading strategy, you must have support and resistance points drawn on the 1M, 1W, and 1D charts.
If you have drawn support and resistance points, you can create a trading strategy by checking whether there is support at the support and resistance points by referring to the analysis with the chart tool.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Deutsche Bank AG to 21 EuroDespite the chaos with Credit Suisse European banks in General are printing some excellent setups. What is the reason for this? No idea.
On the above 2-month chart:
1) A strong buy signal (not shown) prints with price action breakout from resistance that has been active since 2007.
2) Regular bullish divergence. No less than eight oscillators this time. Four to five oscillators printing on this time frame is incredibly powerful but eight?!
3) Inverse head and shoulders pattern. Confirmation is price action closing above 10.50 and staying there or above for a week or two. On confirmation a target of 21 euro should be expected.
4) The yellow line is the 21/2-month EMA. Notice the first attempt to hold as support has failed? (Orange arrow). This was the first attempt to hold as support since July 2005. Confirmation of support is price action at 10.50 and above by the month of May.
5) Almost EVERY idea on tradingview is 'short' / Bearish! Ww is the 5%. What in?
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 110%
Stop loss: 7.20
Natural Gas is Ready For a Commercially Driven Bull MoveNatural gas is nicely setup for longs if we get a confirmed bullish trend change on the daily.
-Extreme commercial long positioning (most long they've been in the last 3 years) - bullish.
-Investment advisor sentiment very bearish - which is actually bullish.
-Undervalued vs gold & treasuries - bullish.
-ADX under 40 while commercials got extremely long - bullish.
-Bullish spread divergence between front month and next month out - bullish.
-Small specs at extreme in short positioning - bullish.
-True seasonal & some cycles are not supportive of going long, but these are the last things I look at. Enough indicators are supporting longs that I'm not going to worry about this.
-Bullish momentum divergence has triggered on some high timeframes, implying much higher prices are on the cards for Natty. There is also some smaller bullish weekly divergence currently setup (but not confirmed).
Have a good week.
COT Analysis - Currencies - DXY 6E & 6M SET UP FOR TRADES!COT analysis shows that the Euro and Mexican peso are nicely setup for longs upon a confirmation of bullish trend change on the daily. The only "fly in the ointment" here is that the DXY commercial positioning is still very bullish, which is a bit of a mixed signal. Ideally, we like to see the DXY & majors give opposing signals simultaneously.
That being said, 6E & 6M are nicely setup for longs upon a confirmed daily bullish trend change.
Have a good week.