Not much has changed since the last update. As the PPMs start to show a loss of momentum, the price starts tapering off. The upward momentum of price has been stopped. Today's rise seems to have broken above the trading range, but I'm not sure if it can continue its momentum upwards for too much longer. The PPMs on the daily chart show none in trend. The weekly...
The Stochastic Oscillator and Bollinger Bands can be used as 2 boxes on your trading checklist. Understanding how both move independently, knowing correlating moves and using them as a check and balance.
TSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line...
The tide may be turning for the US dollar. After a period of strength, investors are growing less optimistic about the greenback as recent economic data suggests a slowdown in the US economy. This shift in sentiment is reflected in positioning data from the Commodity Futures Trading Commission (CFTC), which shows a net short position on the dollar for the first...
I'm keeping this simple: the current Bitcoin price is under the 2 Year Moving Average and the 3 Day RSI is showing oversold. In the past, the combination of both these factors indicated a good buying opportunity for the rest of the cycle. We can't know how much lower bitcoin will go, or how long it will stay at current levels, but I will be buying regularly again.
Following my first plan to start Dollar Cost Averaging Bitcoin again (see below) We now have a Cycle low signal printed on BTCUSD. This signal has been significant during the past two cycles and I do not expect this time to be different. It will be interesting to see how the macro environment plays in this case, as it is Bitcoin's first cycle within a major...
Moving averages can be extremely powerful indicators if you understand how to interpret them. Understand how the 9 EMA, 50 EMA, and 200 EMA move in relation to eachother.
COINBASE:SOLUSD SOL is flashing some bullish signs on the indicator and it seems that we're gearing up for another move towards the upside. This is the indicator that I used to call the new BTC bullish cycle in November last year, as seen below: In 3 short minutes, we'll discuss the functionality of this technical indicator and why it's really helpful when...
stock is at multiyear strong support along with 200 ema support on weekly Time frame suggesting strong buy. Also on daily Timeframe market structure is heigher high and lower highs if breaks above Trendline then entry Disclaimer : I am not a sebi registered all the analysis is for educational purpose only please consult your financial advisor before taking any...
2024-05-26 1. Impuls: yes 2. Trigger: yes 3. Candle: no 4. Channel: yes short 5. Resistance/Support: no 6. Trend: no 7. Brake out: yes double 8. Febo´s: correction 61.8% 9. EW Impulse: no 10. EMA 200 / SMA 50: 1D 2024-05-14 long 11. Pattern: no
No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season. Best-case: BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short...
(3 for 1) TEMA - Use TEMA as a 3 for 1 indicator, instead of putting 3 moving averages, especially if you do not have Trading View Pro, you can use TEMA as 1 indicator. Moving averages is simplicity at its finest. Look for golden crosses, death crosses and when the moving averages meet to signal a push to the upside.
Bollinger Bands is a extremely functional indicator. Nothing fancy, simple interpretation and if you couple it with a momentum indicator even better. Points to remember, band get tight then breaks out, when price breaks out of upper or lower band signals reversal, and price above/below bollinger MA represents price is becoming over bought/oversold.
Hi, crypto traders. Last week, as expected, the price rose and temporarily surged to 72,000 USD. Although the price then fell, it began to rise again from a bottom of 66,300 USD, and it is currently hovering slightly above 5MA. # Current order of the candlesticks and MA lines the candle = 5MA (red) > 20MA (blue) = 60MA (green) > 100MA (black) #Technical...
CAKE on a 30-minute chart with a set of VWAP band lines anchored back one month shows the cycle of a trend up from a good earnings report into the uppermost band lines followed by a retracement down to the slowly rising mean VWAP where after consolidation and testing of that support, price has begun a new trend up. This is confirmed by EMA line convergences...
Investing 101: Buy Low, Sell High Where is Bitcoin price at right now? I think it's almost at the lowest level possible after 2021. You won't be able to see this $14k~20k price range again like how you cannot see $3k~5k price range again from 4 years ago and like how you cannot see $200~300 price range again from 8 years ago You'll see the result before 2023 summer.