There are several signs that indicate a bullish trend reversal on NEOBTC. First - let's look at the 4H Chart. There is a long TD Supply Line that was formed by Level 3 TD Points. Below the Line is a bullish Divergence of Price vs. CCI. The current Candle already broke the Trendline to the up-side. The Trendline-break and the bullish Divergence are strong Signals...
While playing around with TD lines, I found out, that ZRXBTC seems to be very "sensitive" to trendline-breaks. Here are some settings that provide only a few but therefore very reliable and profitable signals. I'm using TD Lines with ZRXBTC on a 1H timeframe on Binance, TD Points Level 1, 3DTSR for trailing stops (this is a concept I learned from Peter Brandt)...
although the social media hype seems to be with the bulls the rallys upwards have looked uncertain and been generally weak. looking on the weekly chart we can see that there is still room for bitcoin to make some drops. we have a couple of tests coming up: $5500 would be a double bottom off a low during last years bullrun. $5000 would be support from a high...
Trying to step up my TA game so going to start posting some charts to get ripped apart so I can learn. cowabunga
The area of confluence ($7742-$7570) is holding up strong. Area of confluence: combination of multiple strategies into one strategy. It is useful to find a support or resistant range for the asset's price action. How to find: One way to find the area of confluence is finding the overlap within separately mapped Fibonacci retracements ...
On the S&P 500 1H Chart, there is a bearish Divergence of Price vs. CCI that shows up above a TD Demand Line (based on TD Points Level 1). A qualified Trendline-Break to the downside would confirm the bearish signal.
Looks like trading XAUUSD with a very basic Trendline-Breaking approach can be very profitable. In this example I used TD Points Level 1 to generate Trendlines on a 1H chart - a lot of signals will be generated with this settings. TP/ SL will be calculated based on a R:R of 1:2 according to Tom DeMarks approach. No Trailing Stops, no RSI filter. Due to the high...
There is a Bullish Divergence of Price versus CCI below a TD Supply Line (based on Level 3 TD Points) on the EURUSD 2H Chart. The Bullish Divergence indicates a possible Trend-Reversal. So chances are high, that if Price crosses the Supply Line, we will see a bigger Movement to the upside. If this Setup for for a Buy/ Long Trade will come true, TP/ SL will be...
It's quite hard to draw my arrows on this one as I am posting it somewhat early hoping that a 9 count will come. The probability is that a sequential 9 will give 1-4 candles reversal (including itself). I made a good short term trade yesterday using this indicator when a 9 showed up before this rally. Note that it shows a red 1 now where I shorted but at the time...
AMD has created a perfect 9 buy on the daily chart and I believe this is a good time to buy short term calls or buy the stock for a bounce to the upside. Target is the mid $12's range. It should move easily through the 61% retracement since that has provided very sloppy support and resistance but I am unsure if it will have the power to be able to break the 78%...
Shares of TD appear to be pulling back to test a breakout level at ~$53.50, which coincides with a rising channel bottom. I'm a buyer at that level and will be targeting ~$66 on the upside, or +23% from here. In a rising rate environment and given the technical setup, I expect shares to outperform over the next several months.
Ended the day off with a huge hammer signalling a move up, MACD is also making moves for a crossover, TD could possibly be making a move up to test the strong resistance @ $75. Be careful though, TD is currently in a bearish state, the resistance has already been tested a total of three times, forming a triple top. However, I think a scalp here is certainly...
TD-trendline based price projection on 4hr chart suggest a rally up to 2701. Christmas rally is on, the hunt is on! Happy trading ;o SP500daytrader
Earlier sell signals on daily and weekly time frames has not triggered the expected sell signals. This should not surprise much as we have been aware of the monthly sell setup that now is coming to completion. In my earlier analysis I expected a short term sell off following the weekly sell signal but always emphasized that the monthly set up had to complete...
Hello all, BTC have been amazing all year long, but now I see signs of an over-extended pattern in the medium term. All my indicators make me think it will retract soon. And this time, might be more than the usual retractions we got used to. The TD Sequential Indicator has a peculiar moment where we are completely align in 3 of the most accurate time frames...
In about 8 hours I will try to open a Shortpostion, the TD indicator will bring a Daily 9 which Potentially should lead to a 1-4 day correction (source Tone Vays). In the 4 hour timeframe it should hit the 9 in about 8 hours. Plan is to Open the Position at 7700 with a StopLoss of 8000, Target about 6800 maybe having a close trailing if it comes to that region....
Accordingly to the TD Sequential Setup Indicator we are almost there to SHORT it. Looking at 4h chart we might have 8 more hours until a 9th candle from Daily time frame syncs with 4 hour time frame. And then I expect to go down from 1 to 4 days. Take care and pick the sweet spot of reverse, because then we'll going up fast until hard-fork around 16h...