I made an indicator that plays "critical darling" lyrics from slipnot whenever there is a bearish signal.
Backtesting an Inverse Perpetual or coin margined short strategy for ETH . The idea here is during a bear market, you'd take the interest on any staked ETH and open a inverse perpetual short to gain additional ETH. Every-time the short is closed, you are automatically "long" and ideally should deposit your gains in a validator to increase your staking rewards.
Backtesting an Inverse Perpetual or coin margined short strategy for BTC on the 15 min chart.
Backtesting an Inverse Perpetual or coin margined short strategy for BTC. I'm still having issues making the strategy accurate on the daily however it works fine on the hourly...
"The most bullish part about bitcoin, is you can short it and get more of it" -- Living Dracula Backtesting an Inverse Perpetual or coin margined short strategy for BTC.
Backtesting results of shorting UVXY on a 4H chart using a combination of bollinger bands and ema trend candles.
So here we have an example of trading UVXY with ema-candles and volume-based opacity. See linked Ideas for more information.
Looks like on the long side, Hammers are the best entry and ironically a bullish Harami is the best exit. On the Short side of things it looks like DarkClouds are the best entry and doji up is the best exit. My reason for looking into SPYD is to improve my overall dividend portfolio.
Again, I'm posting this mostly as an observation. (Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.) Based on backtests, it appears that longing UVXY on Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1...
I'm posting this mostly as an observation. Based on backtests, it appears that Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts... Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.
Toying around with some settings and considering building a new toy....
It's still to early to tell but it looks like SPY is forming a double top and may see another dip... The previous SPY Dip I called based had similar candles but it was overbought on the RSI aswell. This time around it's not overbought so I want to feel bullish.
So the last time the 10MA crossed below the 200 ma it was pretty bad. I've circled it. According to the laser eye indicator, the 10 ma is currently on track to dip below the 200 ma again within the next couple weeks. I cant predict the future but based on the math and the indicator, it seems like we may retrace 46k again to say the least.
Here is what BTC looks like with ema colors, volume based opacity and renko styles. I use this for long term positions (months). Basically it looks very bearish. The last time it looked this bearish was the last crash...
So the fundamentals on this stock are virtually non-existent and its still an IPO so by all means DD and DYOR. Also I'm the last person to ask about anything financial related, all I do is code and trade and I don't have a degree in either... That being said, I've been following this company for a while after one of the hiring managers asked me to apply to their...
Looks like a bearish doji star may be forming on the daily... On top of that, it looks bearish when you look at the volume and rsi resistance levels. That combined with other factors, I'm too lazy to write about makes me think that the floor for November/December will likely be between 60k-62.5k...
So here is my bullish and bearish outlook on ETH. I'm hoping it passes the top retracement and if it does, I think we'll see another ATH.... However if we start to wick out to the bottom, it'll continue to drag down and possibly go into a bear market.
I'm expecting at least a minor correction and possibly an engulfing bearish candle to form tomorrow at worst.