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Stochastic-rsi

I have bought AXS From the AXSUSDT chart, it shows: Market Trend: The chart is currently in a clear downtrend along the EMA (Exponential Moving Average) line, with the 100-day EMA and 200-day EMA still above the price chart, indicating strong resistance. Important Support: The support area around 4.145 USD has been tested several times. If the price breaks this support level, it may see a continued correction to the 3.843 USD and 3.831 USD areas, which were previously rebounded. Stochastic RSI: It is in the oversold zone (below 20), indicating that the market may have a chance to recover in the short term due to weaker selling pressure, but other indicators should confirm it. RSI (Relative Strength Index): The RSI value at 40.61 is still in the downtrend zone. If the RSI value increases and crosses the 50 line, it may be a sign that the price has a chance to return to the uptrend. Trading Volume: Trading volume has decreased during the price correction, which may indicate that selling pressure is starting to weaken. Or there are fewer sellers Entry Recommendation: Buying at the support level of 4.145 USD should consider waiting for confirmation from Stochastic RSI that there is a reversal from the oversold zone and see if the RSI value can cut through the 50 line. If so, it may be a good time to buy. Set the stop loss below the important support level at around 4.00 USD to hedge the risk if the price falls below the support level.
Long
by bas20230503
1
Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀 Stock Analysis Report Stock Name : Tata Technologies Ltd. Timeframe: Daily Current Market Price (CMP) : ₹1068 ________________________________________ Trade Type • Trade Type: Swing Trade ________________________________________ Technical Analysis 1. Trendline Breakout: The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal. Following the breakout, the stock has successfully retested the trendline, further validating the upward momentum. 2. Indicators: MACD: Buy signal confirmed. Oscillator: Buy signal confirmed. 3. Moving Averages: The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend. ________________________________________ Target Prices • T-1: ₹1115 • T-2: ₹1150 • T-3: ₹1180 ________________________________________ Stop Loss • SL: ₹1045 ________________________________________ Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk. ________________________________________ Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "
NSE:TATATECHLong
by Amankuckreja
1
Monthly Chart v. Weekly Chart May Indicate TroubleSince every dollar of price action is raising concern in either direction, let’s take an in-depth look at what’s happening with the price of Bitcoin. On the weekly chart (left), we can see the RSI is just starting to pivot and we can see the Stochastic RSI will have a cross in the coming weeks, usually indicating an uptrend. Price action has been within the same range for about three months, building healthy market structure. Then we get to the monthly chart. The monthly chart (right) is showing slowed momentum. We can see in the Stochastic RSI that the orange line is on top of the blue line – usually a bearish indication. This has me a bit concerned and considering how we’ve had ranged price action and are dropping from an RSI of around 80, it may be a warning sign of what's to come. Take a look at the green arrows on the monthly chart. Every time the purple line crosses above the yellow line, we see a price rally. Now look at the red arrows. When we see the purple line cross below the yellow line, price falls. The first red arrow you see, that was about a 70% drop. The second red arrow you see was about a 52% drop from the next pivot in momentum and a total of a 73% drop once RSI bottomed. This is when you want to have your strategy in place for if the weekly chart champions the monthly chart or if we do in fact have that RSI monthly purple line cross below the yellow and we go lower. Be ready for whatever the case may be! I'm thinking it's probable we may see a 50% drop before seeing all-time highs and the rally we've all been waiting for.
BITSTAMP:BTCUSD
by MicheLee
1
DON'T FALL FOR IT!! Can you tell me what's next?Every #Bitcoin consolidation since the bottom has had 3 things in common... 1. Each time, it has created a "retail" pattern, such as a wedge. 2. The pattern seemed to #breakout (signaling traders to go long and becoming trapped), only to realize the move as a #fake-out back into the pattern. 3. Then, there seems to be a continuation to the breakdown of the pattern (liquidating late longs and signal traders to go short and becoming trapped), only to deviate back into the pattern just before a massive move to the upside (liquidating the late shorts). This false move to the downside, so far, has also always correlated to the bottoming of the #StochasticRSI. The market makers want your bags and this is how they get them. ------ Tell me what comes next... 😏
COINBASE:BTCUSDLong
by DoozerInvest
Beating the S&P500 (SPX) Buy&Hold strategy by 16 timesS&P500 (SPX) strategy using Stochastic RSI Min-Max, normalized Volatility and Trailing Stop signals, beats the Buy&Hold strategy by 16 times Embarking on the quest to time the market accurately, the 'Holy Grail' of strategies, led me to create a script to approach this goal. Unlike other strategies that I tested, this one not only surpasses the long-term S&P500 Buy&Hold approach but does so by a remarkable 16.38 times! Initially, I employed an A.I. program based on an LSTM Neural Network using TensorFlow. Despite achieving a 55% next-day prediction accuracy for short/long positions, I sought improvement using a heuristic pine-scripting approach, incorporating stochastic RSI oscillators, moving averages, and volatility signals. With default parameters, this strategy, freely available as "XPloRR S&P500 Stock Market Crash Detection Strategy v2" delivered a staggering 2,663,001% profit since February 1871. In the same period, the Buy&Hold strategy "only" generated 162,599% profit. Picture this: a $1,000 investment in 1871 would now be worth $26,630,014 by February 2024. Check it out for yourself loading this strategy. The script operates as a Stochastic RSI Min-Max script, automatically generating buy and sell alerts on the S&P500 SPX. What sets it apart? The strategy detects "corrections," minimizes losses using Trailing Stop and Moving Average parameters, and strategically re-enters the market after detecting bottoms using tuned Stochastic RSI signals and normalized Volatility thresholds. Tailor its parameters to your preference, use it for strategic exits and entries, or stick to the Buy&Hold strategy and start new buy trades at regular intervals using buy signals only. In the pursuit of minimizing losses, the script has learned the effectiveness of a 9% trailing stop on trades. As you can clearly see on the upper graph (revolving around 100), the average overall green surfaces (profits) of all trades are much bigger than the average red surfaces (losses). This follows Warren Buffets first rule of trading to "Never lose money" and thus minimizing losses. Update: Advanced S&P500 Stochastic RSI Min-Max Buy/Sell Alert Generator I have also created an Alerter script based on the same engine as this script, which auto-generates buy and sell alert signals (via e-mail, in-app push-notifications, pop-ups etc.). The script is currently fine-tuned for the S&P500 SPX tracker, but parameters can be fine-tuned upon request for other trackers or stocks. If you are interested in this alerter-version script or fine-tuning other trackers, please drop me a message or mail xplorr at live dot com. How to use this Strategy? Select the SPX (S&P500) graph and set the value to "Day" values (top) and set "Auto Fit Data To Screen" (bottom-right). Select in the Indicators the "XPloRR S&P500 Stock Market Crash Detection Strategy v2" script and set "Auto Fit Data To Screen" (bottom-right) Look in the strategy tester overview to optimize the values "Percent Profitable" and "Net Profit" (using the strategy settings icon, you can increase/decrease the parameters). How to interpret the graphical information? In the SPX graph, you will see the Buy(Blue) and Sell(Purple) labels created by the strategy. The green/red graph below shows the accumulated profit/loss in % of to the initial buy value of the trade (it revolves around 100%, 110 means 10% profit, 95 means 5% loss) The small purple blocks indicate out-of-trade periods The green graph below the zero line is the stochastic RSI buy signal. You can set a threshold (green horizontal line). The vertical green lines show minima below that threshold and indicate possible buy signals. The blue graph above the zero line is the normalized volatility signal. You can set a threshold (blue horizontal line) affecting buy signals. The red graph above the zero line is the slower stochastic RSI sell signal. You can set a threshold (red horizontal line). The red areas indicate values above that threshold. However real exits are triggered if close values are crossing below the trailing stop value or optionally when the fast moving average crosses under the slow one. The red areas above the threshold are rather indicative to show that the SPX is expensive and not ideal to enter. Please note that in bullish periods the red line and areas can stay at a permanent high value, so it is not ideal to use as a strict sell signal. However, when it drops below zero and the green vertical lines appear, these are strong buy signals together with a high volatility. These Parameters can be changed Buy Stochastic Lookback Buy Stochastic Smoother Buy Threshold Buy Only After Fall Minimum % Fall Sell Stochastic Lookback Sell Stochastic Smoother Sell Threshold Sell Only With Profit Minimum % Profit Use Sell MA Fast MA Sell Slow MA Sell MA Sell Threshold Use Buy Volatility Volatility Smoother Volatility Threshold Use Trailing Stop Use ATR (iso of a fixed percentage for the trailing stop) ATR Lookback Trailing Stop Factor(or fixed percentage if "use ATR" is false) Trailing Stop Smoother Important : optimizing and using these parameters is no guarantee for future winning trades!
SP:SPXEducation
by XPl0RR
Spot Bullish and Bearish Divergence PatternsHow to trade with Divergence? A condition where the price candles’ tops or bottoms point in a different direction from the corresponding tops or bottoms of the oscillator's signal line is called a divergence. Such divergence can be bullish or bearish. In simple words, the price movement is opposite to the stochRSI, Price lower lows, stochRSI higher lows = bullish divergence>go buy Price higher highs, stochRSI lower highs = bearish divergence>go sell
NYMEX:CL1!
by TraderAsist
$FTM - doomed in Lower TimeFrameHello my Fellow TraderZ, In my previous analysis about $FTM on Daily, I made a cautious statement regarding its PULLBACK to test the EMA55 on Daily at the least. If you see here on lower TF, price has broken the support TL. So, I am expecting a slight above move to retest the broken TL(looking at S.RSI) and continue the down path. BUT If the price reclaims the TL then this down move would be a FAKEOUT & price could once again tend to retest the Major above TL(Daily). Be patient, anyside $FTM will move rapidly. Happy Trading. CHEERS!!!
Short
by TRADER-GOKU
4
$TSLA call trade idea updateThe trade idea I presented in my previous Tesla post (linked) did not work because price went lower on Thursday and pulled RSI down below 35 (orange rectangle). My initial idea on 16 Nov. was for RSI to move higher from 35 as price rose. Instead RSI fell and stayed below 40 for two days (remember this is a 30m frame), until the green candle in the final Friday hour. After two days of very little price movement, which is quite unusual for this stock, stochastic %K(10) gave a sign of strength (yellow arrow) in the final hour Friday. Yellow box marks 2-3 candles that create the stochastic spike Notice the candles in Friday's box seem insignificant, except for a higher close, yet %K shows the strength. To the left, there is a yellow arrow marking a %K spike that matches with a very bullish candle. Price continued to gradually rise over the next four days. However looking at RSI below 30 on 9 Nov, I expected it to stall under 65 for a reversal. Now price has returned to make new lows but closed above 180, which is a good sign. Along with the %K spike on Friday, RSI moved over 40 but has yet to cross into bullish territory. I am looking for a candle close over the downtrend line, ideally early Monday, that pulls RSI over 50. If Friday's %K stochastic sign is supported by further buying, then RSI should, Mon-Tues, move over 67 and stay over 50. If price spends time struggling under 180 during the first half of Monday or quickly makes a new low, then this trade design is completely negated and I may look for puts down to 160.
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NASDAQ:TSLALong
by OptionsRising
41