Get started

Relative Volatility Index (RVI)

🔄 OP vs. TON: Similar Patterns🔄In the dynamic world of cryptocurrencies, every project charts its unique course. However, sometimes, two projects exhibit strikingly similar patterns. Such is the case with OP and TON, where their charts mirror each other within a large ascending triangle. Yet, beneath this surface similarity, the level of volatility introduces a fascinating twist. Chart Patterns: Twins in Ascending Triangles OP and TON, like twins in the crypto space, are both navigating a significant ascending triangle pattern. This pattern is indicative of bullish sentiment, showcasing an accumulation phase that often leads to upward breakouts. Volatility Dynamics: Diverging Paths While the charts may align, the volatility levels tell a diverging story. OP, with a 100% rise from its recent local low, demonstrates a steady climb. On the other hand, TON has surged by an impressive 200%, showcasing a higher level of volatility and potentially attracting more attention from traders. Trading Strategy: Navigating the Twins' Paths For traders, understanding and capitalizing on the nuanced differences in volatility is key. The steady rise of OP may be appealing for those seeking a more stable climb, while the higher volatility of TON could offer lucrative but riskier opportunities. Tailoring trading strategies to the unique characteristics of each asset is crucial. Conclusion: A Duo in the Crypto Symphony As OP and TON continue their journeys, the crypto community is presented with a unique duo. Their shared patterns create an interesting comparison point, while their individual volatility levels provide diversity in trading opportunities. Whether you're drawn to the steadiness of OP or enticed by the volatility of TON, the crypto symphony plays on. 🔄 OP vs. TON Analysis | 📈 Trading Twins | 💡 Investor Perspectives ❗See related ideas below❗ Have you ventured into the realms of OP and TON? Share your trading strategies in the comments! 💚📊💚
by Yaroslav_Krasko
Visualizing Stochastic energy for perfect entriesThe stochastic RSI has always been a problem tool for me because of its clunky look erratic lines and the way it seems l....r each other and sometimes it doesn't. I've always felt like the stochastic RSI had these energy waves built into it that we weren't able to see because if there's an uptrend of the stochastic then there has to be an equal or greater downtrend of energy pushing it in the other direction but what if there isn't more than that energy and what if this is a perfect balance between the two energies. This would imply that either that there's a divergence of the energy related to how price is closing or there is a pause in the energy because they're balanced between the two and of course that means your price will pause and run flat as well. In this video I talk about the proper way to use this new indicator and the way you used to use the stochastic RSI. Using the information as video and the images that I plot out on the screen you'll be able to see when you should do you should enter trades long or short and why you need to know where your support and resistance lines are as well as whether you're breaking above or below your moving averages. Let this video be a first class tutorial on perfect trades using a stochastic RSI but like all other indicators you cannot use it by itself make sure that you have confluence on your price chart. PS as always welcome to the coffee shop.
Education
by CoffeeshopCrypto
8
Bitcoin's Update, Fluctuations and Trend Reversal PotentialIn the past 24 hours, the market has demonstrated a combination of upward and downward fluctuations. Notably, Bitcoin has been experiencing a short-term downward trend, briefly dropping below the $26,000 threshold and finding support near $25,800. This price movement has elicited a notable positive response within the market. The support range of Bitcoin's previous range channel, which had been breached and has now transitioned into a resistance level, has temporarily impeded the cryptocurrency's short-term price growth. Nevertheless, there are indications of potential trend reversal in lower timeframes, suggesting the possibility of continued upward corrective movement towards the resistance range at $27,700. It is noteworthy that the Relative Strength Index (RSI) is currently at a level of 41, indicating a neutral stance. Additionally, the Moving Average Convergence Divergence (MACD) is at a significant level of -345. Taking these indicators into consideration, it is important to approach the market with caution. The downward trend in Bitcoin, coupled with the negative MACD reading, suggests that selling pressure may persist. However, the potential for trend reversal indicated by the RSI and the possibility of retesting the support level at $26,500 imply that there could be opportunities for upward movement. Overall, the market has experienced mixed dynamics, with Bitcoin facing a temporary setback in its short-term growth. While caution is advised due to the negative MACD reading, the RSI and the potential support retest present prospects for future price developments.
by MonoCoinSignal
12
EURUSD Downtrend. The trend retest in 1.06128 at 0.236 Fibonacci Retracement level. A possible downtrend to 1.04824 at 0 Fibonacci Retracement Level. The Federal Reserve still considering to increase the interest rates due to a still high US inflation rate. The Fed has implemented a series of interest rate hikes in an effort to tame inflation that had been at its highest level in some 41 years. Markets widely expect a few more hikes before the Fed can pause to assess the impact the tighter policy is having on the economy. “Simulations of our baseline model suggest that the Fed will need to tighten policy significantly further to achieve its inflation objective by the end of 2025,” the researchers said.
by wilhelmvine21
QNTUSDT - Short - Broadening WedgeQNT is currently forming an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that it´s moves increase with higher magnitudes. This pattern should be traded when the price breaks out of the support line. Looking at the pattern combined with the three indicators we can conclude it´s currently in an overbought condition. So it´s likely for the price to retrace. The three indicators are Bollinger Bands, RSI 14 and Stochastic. In our opinion it´s more likely for the price to retrace and pump once more before it breaks out of the support line. So for now Target 1 in prioritized. Before targeting the other two targets we have to wait what happens after Target 1! All the details are shown on the chart. Goodluck!
Short
by vf_investment
9
XRPUSD - Overbought - ShortOn the chart of Ripple (XRP) we can see the price is approaching a overbought condition on 4h timeframe. This would mean when the overbought condition is confirmed the price will retrace. The three indicator used are the Bollinger Bands, Relative Strenght Index and the Stochastics. At the moment the RSI needs to increase a little bit more. For now the price will move up and once it has reached the resitance the price will drop. See all further details on the chart. Goodluck!
BITSTAMP:XRPUSDShort
by vf_investment
6
BTCUSD - Overbought - Short term oppurtunityOn the BTC-USD chart (1h timeframe), the price is currently overbought. In this analysis, all three indicators are suggesting an overbought condition. The indicators used are the Bollinger Bands, RSI and Stochastics. This could mean that the price will drop when there is a confirmation of the price going down. When this happens a short position can be taken and profits can be taken. See all further details on the chart. Goodluck!
BITSTAMP:BTCUSDShort
by vf_investment
10
Overbought & OversoldIf you can identify overbought or oversold conditions, as a trader, this can be highly profitable. In particular, these are two definitions that refer to the extreme values of the price in addition to their intrinsic value. So, when these conditions appear, a reversal of the direction of the price is highly expected. What is Overbought? When something is ‘overbought’, it means that the price is thriving for a long peri. Because of this, it’s trading at a higher price than it actually should be. In other words, the asset is overly expensive and a sell-off is about to happen. What is Oversold? When something is ‘oversold’, it means the price is in a negative momentum for an extended period. Because of this, it’s trading at a lower price than it actually should be. In other words, the asset is overly cheap and an upward rise is about to happen. Indicators Moreover, there’re plenty of technical indicators which you could use in technical analysis. To confirm the Overbought and Oversold conditions the three indicators commonly used are: Bollinger Bands, Relative Strength Index and Stochastics Bollinger Bands The Bollinger Bands appear as a channel. Specifically, the middle line is often a twenty-period moving average. On the other hand, the upper band is the moving average plus two times its standard deviation. Furthermore, the lower band is the moving average minus two times its standard deviation. As a result, the price seems to fluctuate in this channel and normally doesn’t move out of the bands. However, when the price tends to move out of the upper band the price can be considered as overbought. Likewise, the same thing happens when the price moves out of the lower band, the price can be considered oversold. Relative Strength Index The Relative Strength Index is a momentum oscillator where the horizontal axis appears as a function of time and the vertical axis as on a scale of 0 to 100. In addition, the standard amount of periods used for this indicator is 14. So, the Relative Strength Index measures the magnitude and the speed of recent price action. The indicator compares a security strength on days when prices go up to its strength on days when prices go down. Yet when the Relative Strength Index has a value higher than 70 the price can be considered as overbought. When the opposite happens and the price drops down a value of 30 the price can be considered as oversold. Stochastics Stochastics is like the Relative Strength Index, a momentum oscillator where the horizontal axis appears as a function of time and the vertical axis is displayed on a scale of 0 to 100. However, the stochastic oscillator is predicated on the assumption that closing prices should move in the same direction as the current trend. Meanwhile, the Relative Strength Index is measuring the magnitude and the speed of the current price action. The Stochastic oscillator does calculate this value and expresses this value into a %K. In addition, the standard amount of periods used for this indicator is 14. When the %K crosses a value of 80 the price can be considered as overbought. When the opposite happens and the price drops down a value of 20 the price can be considered as oversold. Combined One indicator that matches the criteria for being ‘overbought’ or ‘oversold’ can suggest a small trend reversal. But once all 3 indicators combined are matching the criteria, the assumption of a trend reversal is very likely to happen. Therefore, for trading in general this can be a profitable and low-risk strategy.
BITSTAMP:BTCUSDEducation
by vf_investment
3
DASHUSD - Descending Broadening Wedge On the Dash chart, a descending broadening wedge has appeared (1h-timeframe). A descending broadening wedge is a bullish reversal pattern. The trade can be entered once the price breaks out of the pattern to the upside. The target is the height of point B. At the moment the price is overbought when looking at the RSI. In our opinion, the price is going to drop a little bit. After that, it could be possible that the price is going to break out straight away or it might retest. This is the reason why there're two paths drawn on the chart. See all further details on the chart. Goodluck!
KRAKEN:DASHUSDLong
by vf_investment
5
TWT Multi-Year Triangle Pattern Calls for $1.4 TargetSince its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level. Symmetrical Triangle Pattern This multi-year pattern has the potential to continue driving the price action in the coming months unless we get a clear breakout on either side of the symmetrical triangle. First, TWT's price made a base near the $0.30 level, which was followed by a powerful uptrend topping out at $1.65. A subsequent sell-off pushed TWT's price down to around the $0.45 level, generating another base from where we rallied again, but failed to reach the previous high. TWT topped again at $1.40 and sold off to $0.55 to form another base. In the short-term, we have left the base, and if the same pattern repeats again then the current rally could fall below the March 2022 high of $1.40. A weekly break and close above the $1.00 psychological level has the potential to cement the bullish case scenario. RSI Oscillator The weekly RSI has also broken above the 50 mid-level; the last two times this signal occurred, we had two powerful rallies. The bulls have the upper hand as long as the weekly RSI continues to print positive momentum readings.
Long
by cryptohopper
BBBY LONGThe grey trend line seems to well describe last years trend. It is easier to see that on weekly time frame. We could say it works as a support level because every time the price bounces back to a higher level so we can expect this time to happen the same. At this moment the price is testing lower Keltner Channels band and trying to get above it. RSI is close to crossing signal line on daily time frame as it already crossed on 4H time frame. MACD is rising. ENTRY: 7.24 SL: 6.71 TP: 8.3
NASDAQ:BBBYLong
by vf_investment
BABA LONGKeltner Channel is looking upward which is typically a good set up for long position. RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone. MACD seems to be losing strength but always above the signal line. Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the 50EMA. It could be a hint bullish momentum. Stochastic and Bollinger bands seem to confirm previous situation. We put the entry price above yesterdays closing price just to have some margin because of the premarket price which is at 106.6 at the moment while writing. ENTRY: 107 YELLOW SL: 100.73 RED TP: 119.5 GREEN
NYSE:BABALong
by vf_investment
Dont let the rally fool you. RSI predicted a 120 day trade 100%. KUCOIN:BTCUSDT Key points here to look for: To enter the trade and use this formula I needed the first candle to close BELOW the 50 day #EMA Moving average as well as have a closing of BELOW 50 in the RSI. This took place on November 16th. I would enter most likely on the next day closing as long as it is still below 50 on the RSI. On the closing of November 17th, it happened. So here is how it played out. Nov, 16th Closing RSI was the first one below 50. It closed at 44.75 Nov, 17th Closing RSI was also below 50. It closed at 45.55! keep that last RSI in mind. we are going to need it for the formula. It'll tell us EXACTLY how far to set the take profit. At this point I did the following: 1. Place my entry at the opening of the next day (Nov 18th) 2. Set my stop-loss on the swing high of Nov 10th. Which also happens to be where the "Bear" #WilliamsFractal appears. This is the most recent Swing High. 3. I looked at the closing #RSI value of November 17th. 4. Did my RSI formula, which is loosely for the purpose of this writing: Bear Setup: 50 - 41 RSI = a 1:3 Ratio. But you still need to add in the decimals and single digits. This RSI was 45.55. This number breaks down to 40 and 5.5 ( i dropped the last number) Yeah, i know, it sounds crazy right? RSI of 50 - 40 is equal to a 1:3 Ratio Whats left over is the 5.5 right? so that's what you use for your Ratio as well. If 40 gives you a 1:3 and you add in the 5.5, you get 1 : 3.55 ( on your SHORT tool it shows up as a ratio of 1 to 3.55 ) Set your tool on your entry Stoploss goes to that swing high take profit goes to 3.55 Now if you look at the chart attached, youll see that the take profit candle is EXACTLY at the last candle before price went into consolidation. This is the very first candle where pricing opened AND closed in an oversold area on May 11th. This was a 120+ Day move with a 52.50% gain without pricing even coming close to the stop-loss. This was ALL based on a single indication i got from an RSI reading and a fractal. DONT LET THE RALLY FOOL YOU (Luqidity grab) The point that im making here is you need to know the formula your RSI is telling you to do. Stop with this guess work of the 1:1.5 or 1:2 ratio and trust the math. Market sentiment and news media aside, the math doesnt lie...EVER. I kow theres articles and other websites sending out news saying "HEY BTC is on a rally up." Then next they are like "OH NO, $150m in positions liquidated as people jumped into the rally up." Well yes, all this activity that took place on May 30th and June 1st was a liquidity grab. Dont let this bump fool you. THe price is NOT done falling. Weeks ago (april 25th) i posted on someone elses BTC analysis that they were wrong and BTC will go down to about 30k based off my formula and the RSI signal. They insisted its going BULLISH because of a single day bullish candle closing but the next day April 26th its was an engulfing Bearish candle that ate everything. What they didnt realize is that stochastic RSI was in a downtrend but stil just about to break below the 50 level on the RSI with nice wide bands. Shame shame shame. THe bottom line is this. Follow your RSI formula. Ill have to post up an image of how it works because doing it typing, doesnt give it enough justice. I actually use my RSI with a ZERO level in the center to make things easier so 1-10 = 1 : 3 ratio 10-20 = 1 : 4 ratio 20 - 30 = 1 : 7 ratio 30 - 40 = 1 : 8 ratio Usually after this point, its either overbought or oversold and you should NOT be entering a trade, not even with a trailing stoploss. This formual uses up the TENS places of your RSI. If you have any single digits (1 - 9) you just add them to the end If you have any decimals, you drop the 100th place and move the decimal over. Example RSI = 55.75 Formula equals ( 1 : 3.75 ) RSI = 38.29 Formual = 1 : 4.71 This formula will give you the ENTIRE move less the momentum in the end of the move. You can use this to find the LOWEST point in a swing of any size. The one take-away is that all you MAs must be of equal distance from each-other and not in a major UP or DOWNTREND. They must be pretty much FLAT. Questions about the formula, please ask below.
Short
by CoffeeshopCrypto
$CETX PT 50 and higher by May 2023Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through two segments, Advanced Technologies and Industrial Services. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York.
NASDAQ:CETXLong
by BADQOMOCAWGOWLD