Get started

Stochastic RSI (STOCH RSI)

Reaffirming short from Dec 20, more trouble ahead for BTCAs I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway following this slight recovery. The one and two day MACDs have still not bottomed out; and worst of all, the 1week and 2week MACDs are looking like they've peaked. This would be their first downward movements since Aug/Sept when we were at 1500CNY/235USD. The StochRSI at 1week is showing its first downward cross since the early Nov. drop as well I would NOT take this lightly. I'm still optimistic in the medium-term and I'd be very surprised if prices got anywhere near that low, but January could get really cold, really fast. If you are still in BTC I would have your alarms set and be ready to trade or at least hedge with a put option or two. If you are out, just don't get back in too quickly, it can be tempting to see the 2-hour MACD/RSI going positive and panic-buy, but I'd advise against it. 1 day indicators should be able to show us the way when it is time to return.
BShort
by RyanMartin
Valeant Pharma: Moving back downVRX may, at first glance, look like the bloodshed is over and is moving to recovery. Not just yet. The daily MACD and StochRSI are inching toward sell indicators (see screenshot) and despite the markets upward movements today (Mon 12/14), VRX's recovery was pretty modest as more shareholders exit as they see the fall incoming. Bottom line: Put options are a possability for short-term holding if you have the risk appetite. If you don't, then definitely wait to buy (back) in if you have been considering it. If you're holding this in hopes of shaving some of your losses or bought thinking it was recovery time, sell. Sometimes the most profitable thing you can do is take a loss. VRX's financials aren't bad by any means, but they're product pipeline is pretty weak. Consider Addyi, the "female viagra": in the first month on the market only 224 rx's for it were sold. The market is very narrow since it is only considered safe in post-menopausal women who don't drink and think its pretty dramatic side-effect profile is worth the risk. VRX has even hired on a crisis-management firm in response to antipicated F.T.C action in regard to their pricing practices. Valeant should have never reached as high as it did and now the correction is coming. VRX has been around a while but thier $31bln market cap is absurd. They have a price to earnings of 54(!), an earning per share <$2, and still have a fairly high debt-to-assets ratio. Compare those stats to Shire who is $38bln but have an earning per share of $15, and a price-to-earnings of only $12.21.
VShort
by RyanMartin
USDJPY 3,2,1...GO!At first the MA200 and the EMA 50, then the strong resistance at 121.5 is finally broken after 2 close timed touches and successfully tested in a Bounce Back above. The Fibo is speaking a clear Language too. So the Price had enough Time (since late august) between ~121.5 and ~118.5 to collect some new Power for another long journey up. At least till the 1618 Line in the Chart is reached, but i want to make sure i trigger my T/P, so i orientate on the Blue drawn Trendline at the Top. We enter at 122.200 because i see Powerful Heikin Ashi Bars and i want to be in a safe distance to 121.5, so i can sleep Good at Night :D Possibly we have to expect a correction in the area around ~123.0, but i dont think it goes much deeper then 122 and turns back in right direction. Even if that happens we have enough air to breathe until we see the S/L at 121.184.
Long
by ADMX
Will Bitcoin crash? Or is now the time to buy Bitcoin?As you can see the Stoch RSI is in oversold area, the Money Flow Index (MFI) looks like it's going up and the Coppock Curve is at a low momentum.All of these correlations don't mean that the price can't fall lower, but it can mean that there is soon room for growth from this low starting point. Interestingly we are at Fibonacci Time Zone 3 based on last Summer's uptrend which started at $63. I will watch which direction we take from here. I hope we make a double bottom at $445 or $450 and go up from there in October.
BITSTAMP:BTCUSD
by ChartArt
8
ESPN was paid in Bitcoin - Bullish MACD crossover in daily chartLess bearish and more bullish signals in the 1-day chart. And we have positive news thanks to a Bitcoin payment service: - BitPay Reveals it Paid ESPN Bitcoin for Sponsorship www.coindesk.com www.bizjournals.com ESPN's slogan: "The Worldwide Leader In Sports". They are a U.S.-based global cable and satellite television sports channel. BitPay executive chairman Tony Gallippi announced that his company paid for its upcoming college football bowl game sponsorship in Bitcoin. "The sponsorship's price was undisclosed, but it likely came in at about $500,000 a year over the course of the three-year contract." Tampa Bay Business Journal has estimated that its full contract with the broadcaster is estimated at roughly $1.5m over the course of three years. Last high today was $515 after a $487 low several hours ago. We are above a two year weighted moving average. (In the background of my chart are multiple Gann fans from 2011, 2012, 2013.)
BITSTAMP:BTCUSDLong
by ChartArt
20
NZD/USD Exhausted And Going Down To Rest a Bit Or TwoNZD/USD is in a down trending channel and my bias is short (To take a look at the one related idea). Bases :Bias, Channel, Stochastic RSI SHORT SETUP IF price reaches 0.86962 THEN i will go short, and place my tp order at 0.86459, but sl order at 0.87151 ____________________ Signls IF This Stochastic RSI crosses the 80 oversold zone it will be a bearish signal. ____________________________________ Specifications R:R (ratio) 1.45 Time about 2h-7h Thank you all for viewing if you like my stuff and want more you can look at it follow me and like my ideas. And as always wish you to strike it lucky.
Short
by Wizard
2
Very Well Definded Bull TrendOkay, so this is not Bitcoin (har, har) but the reason I did this was I was curious as to what my other investments were doing. As it turns out there was a very clear trend channel that formed while I wasn't looking for I think 2 years (yeah, set and forget investment LOL). StochRSI divergence means there is going to soon be some type of break in the trend it will go down soon. ATR has typically been peaking when the prices peaks. The latest dip showed that as ATR went up price followed. The trend looks like it could continue but I expect StochRSI to go OS (OVERSOLD) in the next round. I didn't think about posting this chart but once I posted it on social media I saw that StochRSI and very clear divergence as well. Granted this won't get viewed at all but it amazes me how much slower things move in stocks and ETFs.
NASDAQ:VCLTShort
by ItisCalvin
Slowing downtrend (Keep things simple…)The fibonacci retracement is in place in order to show the price levels that this has followed on it's way back up from the initial dump and the overall downtrend. MACD Oscillators show that we're in the same position as the last big leg down. Stoch RSI confirms that, as well as the positioning of candles and the 50 SMA, and 10 EMA. The 50 SMA aligns with the downward trend line at this point, Buy volume is still light in comparison to sell volume. I believe we could see $350 before this turns around. Anything below $340 could mean for lower 200s by the fall. If you are long I believe you should sell here and buy back after the next drop.
BITSTAMP:BTCUSDShort
by dopebroker
2
Bearish for now...Overall most of the indicators point to the fact that we are not breaking the trend. There is SOME volume, but not volume the way we saw in the bubble. If anything it's volume that supports price stability around this range, however I think selling could be imminent. The same pattern of volatility has taken place all the way down the trend line in respect to the bollinger bands, however the bollinger bands have been shrinking and volatility is subsiding. This is a good thing and I believe it may lead to gradual growth. However, this may be like the last bubble in a sense that we may not see any strong movement from here for at least a year. (Great for adoption of bit coin which can drive the price over all) Stochastic RSI is overbought here. I believe this will drop to oversold before we start to make the slow run up. Average True Range is an interesting indicator for Bitcoin, as it seems that we're flattening out the way that things were pre-bubble, again somewhat supporting the theory that we're losing volatility. I'm not exactly sure how to address the MACD in relation to everything else. It supports upward movement, somewhat but not in the manner where you would want to call the bottom and make any type of swing trade. I'm short until the mid-400s, but as a miner I have every intent on seeing the market from a bullish perspective in the long term.
BITSTAMP:BTCUSDShort
by dopebroker
2