CARDANO RENKO EXAMINATIONcardano put in a solid double tested bottom at .05
likely on the way to knock on the door of .16
with a follow up visit to .36 at some point
not financial advice
Renko
TTRAK 1 saat analiz - hedef 75
Hisse 23 Mart dipten beri yukarı trend gidiyor (trendi takip ediyoruz)
hisse 50 ve 200 hareketli ortalama üzerinde
sene başından beri çok kere direnç noktası olmuş 60.50 seviyesini yukarıya kırmış (9 Nisandan beri olan en yüksek hacimle)
şimdi geriye aynı seviyeyi destek olarak test etmeye geliyor
ichimoku bulut yeşil, yuıkarı trend teyid
gecikmeli span yeşil bulutun üzerinde (uptrend teyid)
yukarı dalga hacim hareketleri daha kuvvetli (boğa göstergesi)
OBV hacim 50 hareketli ortalamayı yukarı doğru kırmış
57.50 veya hareketli ortalama stop/loss ile alınabilir
75'e kadar yolu var
Bitcoin up to 13 000? Bitcoin (BTCUSD) Renko chart analysisHey guys,
After a long time I made a new idea!
So after some analysing I took a look at the renko chart, which I mostly use for finding support and resistance. After I watched the renko chart for a while I saw a pattern and now the Bitcoin is repeating it. With this repeating pattern I saw a trading opportunity. This are the details:
Buy: 10 000
At this point the new pattern will break the last lower high.
Take Profit: 13 000
If it goes exactly as last time, the price will go up to 14 300. However, we are reducing the risk a little bit, so I set the Take Profit to 13 000.
If something is not correct of if you have any tips, just let me know in the comments! As I'm only 15 years old I still have a lot to learn, so if you have something to say, just let me know!
Goodluck with trading!
Beyond Meat - recovery ? A recovery for BYND ?
With the break, today of this level we can maybe go back to the green line which is an interesting level.
But why "neutral" on this level ? Regarding the context and the company fundamentals, I'm not confident on this.
BTC/USDT FOMO OR FUNDAMENTAL 14K PRICE TARGET. MTFA ENGLISHHello Traders.
The moment of truth is upon us. We have all been spinning our wheels analyzing to no end. The truth is, we do not know where will go, but trust in TA and always remember, your trend is your friend till the end. I hope you all profit heavily from this halving event, long or short, just please do not buy into the bullshit. Trust your TA, trust your mentors, and most of all, trust yourself.
Live long and profit.
-zm
BTCUSD continues to break through resistance and find supportBTCUSD broke through resistance this past week and looks to have found support late. Continued movement up off this support price could target 10350.
XLE hitting long term resistance.XLE looks like hitting long term resistance. a break above the 38.3/4 level could signal much higher prices to test bottom of previous support
BTCUSD breaks through short term resistanceQuickly moves up to new resistance level. Based on indicators, looks like next resistance in 10160 level could be next if it can decisively break current resistance.
Bitcoin could possibly hit 9k by 9th mayHi all,
I am back with another new chart. I am speculating bitcoin to hit 9k by 9th May. However I am not providing any trade setup here because I already mentioned the trade setup in my last chart. This is just a speculative chart to boost trade setup of my last 2 charts.
Best,
Budha
BTCUSD looks to be hitting some initial resistanceLooks like BTCUSD is hitting some initial resistance. A breakout above this current line then 8650 could be next. Indicators look bullish which could be pointing to another target of 10350 if first two lines of resistance breaks.
XLE could see a pullback through Sept-OctXLE could see a pullback through Sept-Oct but looks like limited upside before further drop. key resistance looks to be in 40-42.50 area. Resistance at this level and further downside later in year.
The 100 tick renko looks like price does have upside potential in short term.
Could SPX be set for another 1K-2K run?Looking at indicators and layers of chart (daily renko 50pt blkszk traditional on OHLC), could SPX be set for another big run? 3400 will be a key line to break.
Short term EURUSD looks like it has some upside targetsShort term, it looks like EURUSD could be forming a channel with some upside targets.
Possible channels and targets for BTCUSDPossible short term trend of BTCUSD. Stoch, TSI, and ADX look to be positive but would need a break about 7000 and out of the triangle that began forming mid March to continue up (daily renko set at 250blksz and ohlc)
AUD/CAD Short
AUD/CAD has been trading in this channel on the 1hr Renko ATR chart since mid March. I can see a short coming of around 250 pips. Nice divergence set up also on the 15 min Renko ATR chart.
Good luck, stay safe, stay at home and protect lives. ## Happy trading
USDJPY Daily ShortWhile I normally stick to equities or futures, I browsed over a few forex pairs and this popped out at me. On both of my charts that I use when doing technical analysis, USDJPY is showing some pretty bearish indicators. On this chart, price bounced off of a strong prior resistance as it is starting a descent. I notice reduced buying pressure on the MACD histogram, as well as the price being below my Ichimoku Clouds (If you aren't familiar with it, I use it as dynamic support/resistance as well as general trend) Rule of thumb, if the price is under the cloud and the cloud shades in red, that is both a bearish indicator as well as a rough level of resistance. The price action on the candlestick chart shows a bit more noise and I feel that my renko chart suggests more bear action to come. The hair in the soup is the MACD strategy I use that signals bullish/bearish entry suggestions signaled for more bullish action.
USDJPY Short Idea Renko ChartEnter now place a Stop loss above two candlesticks. Price to hit 99 levels soon.
Update: I'm just slow but hey it workedSo I called out a potential UVXY trade and I missed the one indicator that every trader relies on
Resistance
However I mentioned that I was wanting to sell premium, and this retraction was actually beneficial to my theta gang strategy on my paper trading account
5pt iron condor at strike 85/90 call strike 45/40 puts strike
It gained $50.00 P&L today bringing me to p&l open of (22.50)
Theta: 9$ per day
$2500 bp effect
profit zone= 20-25% of max p&l
P&L % (-%1.44)
Re iterating my ridiculous price target yesterday Id want UVXY to stay between $55-65 until market close on friday.
Make faster decision with RENKO OHLCOn March 3, 2020 TradingView started supporting OHLC for Renko charting. Prior to this, only CLOSE of candle was available. Using OHLC provides faster signal to get in and out of trade, compared to using CLOSE.
Renko chart using OHLC
Renko Chart using CLOSE
Happy trading!
Price aims at yearly pivotConsidering the massive bullish volume, bullish renko daily and weekly bricks, its very likely price will reach the yearly pivot. Its about 79 pips long.
This is no financial advise!
BTC EUR - Coinbase - Daily - Renko Looks like BTC EUR is making a retracement back to the .618. I have pointed out what seems to be obvious support and resistance zones and what appears to be some solid stop loss and buy areas.
I don't really have much else to say about this, I think the chart is rather self-explanatory :)
Please comment and let me know what you all think.
Renko looks good for bicoin. Next target is 10308 after 9450Ok, renko looks bullish. need to break at 9450. Then we can see 10308 next target.
