WaineNZeddmo

WaineNZeddmo

This is idea is meant to show the ADR indicator over USOIL 1H

WaineNZeddmo Updated 

USOIL is today breaking the last resistance level, with the possibility to go up to the last support levels. If the breakthrough is confirmed, long positions may be placed at 45.08 with a short-term target at 47.57. RSI is confirming a positive trend. Stoch RSI is overbought, but DMI is beginning to trend.

WaineNZeddmo Updated 

I must disclose that I am a VOO long-only trader. New long opportunities might be found at MA50 or bull trend. RSI converges and Stochs are overbought, leading to possible bulls exhaustion within the next month.

WaineNZeddmo Updated 

XOM is currently sitting in the support zone after the crash. I usually trade under these conditions when there is a MACD or RSI divergence, but I could not find any. Hands-off longs. I will be verifying in the future about possible short positions.

WaineNZeddmo

This asset seems to be on a descending triangle, and we have similar behavior on XOM although it is not a descending triangle. (see Wait for market confirmation before shorting.

WaineNZeddmo Updated 

Valero approaches a possible interest zone on Fib .618 with Stoch overbought. However, RSI and DMI show the expected range values confirmed by the price action of the last 60 days. I have just set up a price alert at $58 to continue with the 4H analysis.

WaineNZeddmo Updated 

Both daily and weekly candles are showing a clear divergence. This bearish divergence is also fed by bull exhaustion after the APR-AUG rally. The stochastic had a confirmed cross over 80% and heading down Stop-loss should be over the grey line, after a confirmed daily close. The target for shorts near $36

WaineNZeddmo

On a daily basis, CGC shows a clear downtrend. The downtrend was recently broken, but volume is really thin, so it can not be interpreted as a trend shift. Stochastics in clear sell condition as well. All signals show either sell or hands-off. WNZ Get live updates and analysis: t.me

WaineNZeddmo Updated 

Possible Cup&Handle forming with profit levels in red. On daily candles Volume profile shows healthy levels up to the last take-profit. Entry levels on resistance breackthrough

WaineNZeddmo Updated 

Am I the only analyst spotting this rising wedge? It seems like we have reached a nice setup to place tight stop-loss, ADX on a daily setup is showing range zone. Price flirting around 0.5 fib. RSI heading north close to overbought. This trade is not intended for a short position, but TP instead. Patter invalidated over 9500

WaineNZeddmo

It has been a while since my last post. We have had a busy quarter on the fund, given current volatility and bearish trend. For the last week, we have been focusing on short term trades. In the BTCUSD pair (1H) after a bullish divergence occurred in both 4H and 1H chart (blue lines), market seems to be out of steam. Now, a bearish divergence can be spotted,...

WaineNZeddmo Updated 

Despite current ATH zone in the ETHUSD pair, for us, BTC bulls, the ETHBTC pair has been a huge dissapointment. After reaching a peak in May´17, downtrend has remained strong for too long. There is however, a falling wedge formed, and a week ago the market tested prior resistance zone as support. I would expect several tests of the possible support zone given...

WaineNZeddmo

BTCUSD currently on a correction has overbought indicators on the 1D chart. From this perspective for a swingtrader with no FOMO this is a short signal. On the 1H chart, the pattern signals possible entry level over 10150. For a daytrader, you could profit short-term close to 17% in 4 days. If you combine this two setups, you have a short signal with a R/R of 5...

WaineNZeddmo Updated 

BTCUSD pair is behaving as expected. If you follow my calls, you can notice consistent projections. Resistance zone was projected three weeks ago, and is holding tight. Support was barely tested 9/15 and we should expect another test if the market closes under 3750 today or under 3850 tomorrow. In this ocation I spot a downtrend continuation pattern, that can...

WaineNZeddmo

ESRX is currently on a downtrend, with MA100 over MA50 over MA20. However, market successfully rejected 0.5 retracement from post-2008 low / 2015 high, also triggering a bullish divergence. Market may bounce or range from now on. A falling wedge could end this downtrend. Open long orders with price over MA50 or MA20 over MA50 in the $65-$70 zone (which is 2.3X...

WaineNZeddmo

After an RSI bearish divergence, market reached uptrend line. Entry level is suggested over MA100 cross for a R/R of 2.4. 28% Profit in 1 year. This is a save bet in order to diversify your portfolio WNZ Get live updates and analysis of the cryptocurrency market: t.me

WaineNZeddmo Updated 

ZECBTC -5.56% , currently on an uptrend channel , and bouncing from support zone , sets the possibility to open a Futures contract. Leverage and volume must be safe according to the portfolio holdings. Current market conditions could lead to Range instead of a Trend Reversal, so Target, must be flexible. This is an early attempt to go long. You could also wait...

WaineNZeddmo Updated 

Strogn downtrend can be seen on the BTCUSD pair. As the pattern developes, we can see a double bottom or H&S. Entry/Exit levels are suggested for both scenarios. ADX in range, with +/-DI crossing. There is no long/short suggestion at the time. Just keep watching the market. WNZ Get live updates and analysis of the cryptocurrency market: t.me