HI Guys, To me it looks like on monthly timeframe Hang Seng tech is bottomed up, as you can clearly see on this chart there is a clear bullish divergence on a montlhy timeframe as well as alot of index constituents are also showing bottoming formations Script Stock Name Percentage KYG017191142 Alibaba Group Holding Limited 10.00% KYG875721634 ...
By looking at ETHUSD Pair right now it looks to me as we are going to test 20 WMA within 2 Weeks as max. Reasons 1 : Since Sept no retest of 20WMA 2 : Mega bearish Divergence 3 :IFT Loosing Steem 4 : Lower volume suggests Quick and brutal wick Nothing is certain however i speak for probability
As i am seeing the crash of Nasdaq it is comparable to the march of 2020. Yesterday Bond market also gave us a hint of coming up with the carnage. Keep your trailing stops posted
Eth is just on EMA 9 support. Whales can shake the market a bit. Turbulence ahead. study used for averages is Krown Trading Moving Averages shorttitleis EMA/MA
EMA 9 and EMA 20 as always the combination of slow and fast moving average' Just use these time frames on your chart to find clear patterns and do not miss them
As i have pointed in charts every time we break the contracts of red and green lines. we face the wrath, my advice to you would be wait for capitulation and then reenter your positions with powder.
As i think there is alot more scope for the downside in ETH.
Cardano is ready for a strong correction. Keep your stop loss's in place. Thank you.
To make it understandable in very layman terms i would like you guys to please focus on the Blue Arrows i made on MA of RSI which shows clearly Everytime green line cuts red line from Top or Bearish cross we seem to have a downward momentum. Please do your own research. However i am in cash . Thank you,
To make it simpler to understand for everyone , Every time green line cuts the red line from upside we see a lot of selling . right now we are on the very sweet spot level. Be very judicious with your investments. Thank you.
ETHUSD is now breaking and closing below EMA50 on the daily (D) timeframe and RSI moving averages are also showing Weekness. Closing below EMA 50 and showing low volume and lower highs on price... This can lead to a strong drop. Moving averages on RSI at Weekly time frame is also very bearish. Please take a judicious call for your trades. Thank you
The picture is becoming clearer. The cycle-degree bull market from Bitcoin’s beginning to the ~$20,000 peak of late 2017 is over. We are now in the last wave (wave ⓒ) of Bitcoin’s first cycle-degree bear market (the largest yet). End of wave II will be accompanied by extreme pessimism and possibly antagonism toward Bitcoin It will take fortitude to buy in such...
Observe MACD and EMA on RSI . Please watch the market for upcoming three/four days.
Just Focus on Fast and slow moving averages for There cross over's