FTMBTC Looks like its a go across all time frames!!WHen looking at the FTM BTC chart starting off at the 4 hour like I normally do its building up with perfect percision. Its got the proper cross over, momentum, and as I lower the time frame the formation continues to grow the same forming a perfect coss over and cloud break formation. THen when checking the MACD, RSI, SAR, Williams Alligator, and its seperation from the 8 EMA seems to be saying its a GO!
I will be going long here with these as my Take Profit Regions
TP1: 0.00000340
TP2: 0.00000360
TP3: 0.00000380
Enjoy and Happy Bidding everyone!!
And a shark pattern forming in the picture above
SAR
All things point to yess on this pair!All things looking bullish on this pair of ONT / BTC we have a confirmation of a cloud break on the 1-5 minute charts as wells as a positive ADX and Aroon on everything from the 1 minute to the 4 hour charts, as well as things looking bullish for the 1 hour 2 hour and 4 hour.. When looking at the 1 minute we have a Cloud Break, A TK Cross over, Positive Thinning (not thickening Cloud build up) for an indication of a continuous uptrend and it not fattening and stalling out.. So I would bet all things continue to look good on this throughput the upcoming day!
Good luck everyone!
Is this the bottom for Celer???For the first time since it's ico, BINANCE:CELRBTC seems to might finally found its bottom.
we can see that the Parabolic SAR turned to long and supports the consolidation of the price, The MACD is holding long and slowly going up for a couple of days and also the RSI seems to be slowly rising as well
I'd keep a close eye on this one and enter once we close the daily above the falling wegde
could turn out as a great trade
BTC:USD Weekly EW Counts with SMA & SAR Support/ResistanceWeekly Timeframe Forecast:
Since December 2018 where we bottomed at 3122 and topped at 4236 we've been on a complex corrective structure, which leads me to conclude we're in a B wave formation with a possible C Wave in the works. Here's why:
WXY Pattern to retest December 2018 lows
ABC Correction to retest the highs at 42K.
A possible Ascending Triangle formation (a double top).
A wave height extending 1.618 from a B wave ending at 1.272 Fib extension from our recent top at 4190.
Sideways Action to test SMAs:
After the impulsive drop on Feb 18th, 2019 we're pushing upwards to test the 20W SMA and break through the weekly SAR points along the way (which we haven't done since July 2018). Expect a rejection to retest the 200 SMA (which converges with the ascending trendline of the Ascending triangle and the 1.272 Fib extension from our most recent top at 4190).
Confirmations:
A bounce off the 200W SMA, a break above the 20W SMA (which we haven't done since July of 2018) and a push above the ascending triangle will confirm this ABC corrective pattern and will catch price up to the 50W SMA. Expect a massive rejection there.
Invalidation:
A break below the 200W SMA and the December 2018 lows will invalidate the Ascending Triangle formation and the ABC corrective pattern.
Thanks for reading. Good luck trading.
ALL THINGS EXTREMELY BULLISH ON THE DAILYSo it was worth the wait and now easy to say that things are in the green and at least trending bullish for bitcoin at the moment when looking at the Daily chart...
We have a confirmation with the price breaking above the cloud after forming a TK crossover and the Cloud crossing as well to now form a bullish colored cloud. We also have a visual confimation with the Parabolic SAR showing us that the dot is below the priceline stating that it is currently bullish and letting us know price will continue to climb,
We also have a cross of the 80 RSI stating that we are now in a bullish break out and for at least at this moment will continue to climb in both price and volume. We have a comfimation with the ADX letting us know momentum is now green and bullish too.
And then finally the MACD is has now also crossed over and still very low at the bottom of the trend letting us know that with volume the price will now continue to grow and continue to climb.
So everyone be careful, set your stop loss (which for me is usually set near the converstion line of the ichimoku or at the price or first cloud line depending on the momentum), and be happy because the charts are saying that all things are bullish at the moment and should continue to climb!!
Can AUS gold mining stock SAR drive against the market?Spot Gold.
The market drove the gold price down and closed below the open price of previous bullish candlestick.
This bearish engulfing is the first sign of bearish movement. It is also found near the resistance zone in mid-June 2018. Therefore, it makes sense for a technical correction.
Conversely, this Australian gold mining stock SAR behaved very well from the demand zone of December, the price has shooted more that 36%, and closed at the top of the resistance trendline of the orange channel.
Because of the Australian market closed earlier than US market. There is no sign of reversal.
We need to see the opening price on Monday carefully, watch out below candlestick patterns, you need to prepare an exit, as the gold price is retracing possibly back to any golden ratios.
Bearish engulfing,
Dark Cloud cover,
Bearish Harami,
One Black crow.
Thanks for reading.
The importance of the trend: SAR indicatorHello all,
I could talk about price or something, but I'm not in the mood for that today. Instead, I'd like to share with you all how I use the stop and reverse points (SAR) to identify trends and give me an edge in trading.
Of course, we have all heard the phrase, "the trend is your friend." Well, it's true. Of course, trends break and at some point following them can lose you money, but in terms of the big picture, following trends is pretty wise: you will be right more than you are wrong if you manage your downside appropriately.
There are a few metrics to identify a trend objectively, and one of them is the SAR indicator I am using. If you had solely been trading off of this indicator, you would be doing well for yourself. Of course, this doesn't always happen in every market this well and it's not perfect like anything else, but it is a very good trend indicator.
When the dots are above the price, that means you are in a downtrend and of course, if the dots are below the price, then you are in an uptrend. This is extremely useful and tells you the following: if you are betting against the overall direction of the SAR, you are probably wrong.
The SAR is therefore a great tool to be using to see if you have a correct outlook in terms of the big picture.
In terms of what it says in this chart, it is saying bitcoin is bearish... well no shit, but look at when it first started saying it was bearish: price was much higher. If you subscribed to the narrative that bitcoin was forming a smooth bottom and was about to moon, this would have been a great head's up. This is a big reason I was able to see this large crash coming and avoid accumulating bitcoin spot at $6,000. Of course, I looked at other factors, SAR just is one of them.
As you can see, I was leaning bearish and I saved my ass a ton of money as a result because the price then plummeted 50%. Risk management is a thing, but if you are like me and are looking to accumulate bitcoin at certain levels, then maybe 6k would have been one of them. As a result, you would have been dead wrong.
I am not a genie, I do not make money by being able to see the future, I am successful by doing the following well:
1. Not lose money (you can't bet the house on a trade)
2. Get into trades that give you a good probability of winning
SAR is a tool to help you do the second.
Hope this helps,
-YoungShkreli
USDCAD TRIANGLE TRADES4H Triangle Pattern
Price bounced off top of triangle heading down
Price can bounce off bottom and retest previous high
Or price can breakout triangle bottom
Macd below 80 Stoch level and Red signal line
1H Chart
Macd in strong upward pattern at 80 Stoch level
Watch close of candle at end of hour
15m Chart
Price bounced off triangle top
Currently in a bullish pullback or continuation
Price could fall to 20 sma and bounce long or breakout short
If bearish watch for a Red SAR circle
Find a SL
$IOTA is a sleeping giant? Come on!One of so many coins that have billions of supply but still on top 20 of coinmarketcap like a boss. It's doesn't really surprise me because this coin basically has a great fundamental. Having an ambitious goals towards internet-of-things and sharing economy, IOTA showing that they do the work looks really professional.
Here is my analysis on IOTA:
1. As you can see right now, we're quite holding on support @ 9201 sats, but i don't really think it's good enough. So by any means I expect to drop more than 40% below from the current price. and then i will get a confidence entry to hold.
2. I think it's a good support around @ 8k-9k sats, ONLY IF, there is no turbulence happening towards Bitcoin price which causing it's price downward. Yes, it will drag majority coin's price and there is nothing special with IOTA.
3. IOTA is good for leverage trader, because it's quite predictable and less volatility.
4. There is no surprise if I and many others hoping 2019 is a good for crypto environment. So, I hope that will affect IOTA too.
ETHUSD - Gann Fan Study, MACD & MAs vs Vol Suggest Nose DiveIt's kind of late in the week for a mad bull run to blow through all the resistance, so I anticipate this week's slow side track to pop pretty hard. That said, it is obvious that an amazing array supports and resistances are converging no matter how you chart ETH & BTC. Whichever way it is about to go.. it's going to go hard. I'm still pessimistic about chances for a massive recovery right now, I think we're in for at least a few more weeks of bear territory.
SAR & PSARS are also indicating a downturn.
This chart is on the 1 hour because I'm trying to anticipate when the moment of truth will be. Pretty much the same story on the 4H but more extreme which changes the lines. Note that the lines in the oscillator (not MACD) are copies of each other! Seems to work pretty consistently.
LEND/BTC--- what happens when you squeeze a balloon? IT POPSGotta love our friend ETHLend. Popular for day trading but a great token with a even greater solution and an even greater team. On to the TA: We can see we've had a strong buy zone- support since January on 930 satoshi (green line) that has held well from the sell pressure (red-dotted trendline). Even this morning we had a sell-off on the 30m chart that was quickly bought out causing that last little wick. Now we are back at support and we are squeezing in. BB bands are closing and RSI shows we are leaving oversold territory. The 20 day MA (blue line) is gonna be the make it or break it resistance. Once we pass that and the down-trend line, we will face sell-offs at the red resistance lines. Those are our targets to take profits. Conservatives will wait till the breakout to buy and sell half at the first line, half at the second. And my risky fellas can set the order at 930-950 to sell a portion at the second and the rest at the last line. Stop loss: 830
This is not financial advice just some thoughts put together. I would love to hear any thoughts!
and remember. We can break to the top or the bottom :)
XRPMXNXRP sitting on nice support (yellow at 16.5 and green trend line) it seems to be moving sideways while responding well with the green trendline. But overhead it will soon face resistance with the 20ma (blue line) On the 4 hour chart it was on top of the 20ma, and just broke to the downside with 1 bullish candle of confirmation. it might be a false breakout but we will keep an eye on the daily candle