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.
Looks like the a possible floor has been reached...but my gut is telling me a long may be too early.
I'm pretty sure we are heading down to the 200 ma (red dots)... Grant given that we are negative bearish number, that means it could be a bear trap so we can expect fast rebound eventually...
Step 1: Select the indicator Step 2: Add ALERT Step 3: Select the indicator on the alert menu Step 4: Select a function ( alertcondition() ) such as "UP" or "DOWN". Step 5: On Discord, create a webhook for a text channel, then copy the URL into Webhook URL (as shown...) Step 6: EDIT ALERT NAME & MESSAGE using JSON
So, I'm playing around with a new fork of Laser Eyes called, "LaserALERT" . It is specifically designed to be used on Discord Severs via alertconditions and web alerts. The idea is to reuse the logic of Laser Eyes to create custom alerts such as for the EMA trends, StrongDown,Down,NA,UP,StrongUP. I got enough for a working demo but its still too buggy and frankly...
This is a long playback of several years using the the monthly chart and laser eyes. Note where the wicks are formed? Note where the open and close form?
just another video on the Triple EMA Forcasting feature in the "laser eyes" indicator...
Another short video for the laser eyes indicator going over how to use EMA based candles with volume based opacity and enabling/disabling the ema trend labels (plotshapes is used because it is more goes back further).
A short video describing the experimental wick analysis feature
A short video to show users How to use the "Options dropdown menu" for the Laser Eyes Indicator
Your thoughts? Check it out for yourself using my new indicator:
First video tutorial for the indicator: