Search in ideas for "MACD"
FANTOM, FTM to haunt the golden ratio in her scary upward trendMACD cross and a possible bull flag breakout. I think FANTOM has the ghostly legs to float up to the next GOLDEN ratio of opportunity..... And, if you're wondering, yes, I asked Doug and he agrees. Doug, you know, my iguana. Two taps of the back leg... go long, Three chin dips... go short. Once you understand the mysteries of reptilian trading, it's easy bro.
macd buy signal, symmetrical triangle, decreasing volumehigher lows.
watching for lower rsi, but overall bullish looking for a breakout
MACD is bullish, Price : A failure of descending triangle?Hello fellas, Let's do an analysis again on bitcoin! Using the bitfinex chart and the RSI, MACD and price pattern. what is the psychological think about it? Let's kick in the ass.
Just like what you've seen on the chart, I want to give a bold highlight on the 2 important aspects. They are the descending triangle and the MACD. Currently the Descending triangle is still in play very well since I gave you the update few days ago. The descending triangle usually ends up very bearish. But, could it be a failure? 100% Yes is the answer of this question. If you look at my previous psychological explanation about this specific descending triangle, you will understand that the triangle is to represent the consolidation stage which become the war between the bulls and the bears. If the bear wins, there will be a downside movement, but if the bulls wins, the price will have a spike to the upside and it will invalidate the bearish bias. The failure can be seen if the price breaks the resistance trend line to the upside.
For the MACD view, we have seen a good combination on the daily chart which the histogram shift to the positive side and we clearly see a golden crossover on its moving average. However, the price hasn't broken the resistance trend line which is becoming one of our criteria to enter the long position. we have to watch it very close and give a huge attention to the bitcoin right now. once it breaks up of current resistance trend line, I will make the fibonacci levels as the take profit region. white zone is the major resistance for bitcoin right now which has a confluence with the previous descending triangle horizontal support. It will be a perfect combination to see the price touch those region and gets rejected as our preference to enter big short around those levels.
$AVEOMACD divergence with a drug approval coming at the end of the month and has a potential buyout coming.
MACD Divergence on Daily, GBP/JPYShort opportunity on GBP/JPY. Divergence between price and MACD. Price made a new high recently on 05/21/15, but MACD did not - This is Bearish. A Bearish Engulfing candlestick formed on 05/22/15 (probably because of the MACD Divergence). Nice ABCD Sell pattern. Not exact but we don't get exact too often in trading. : )
Other Yen crosses are showing some weakness. The GBP/USD is showing some weakness. If price closes above 190.00 on a Daily chart, I will consider a Long position. Remember: The Yen loves misery! The Global Equity markets are due for a retracement. See what the US Market did today.
APPL bearish signalMACD has been below zero level for past few days and volume profile is in the red.
RSI struggling to stay above 50 level. Has broken below 20 level multiple times and not crossed 80 level over the past few days. This is a bearish sentiment.
Stochastic has been below 20 level for the past few days and struggled to cross the 80 level. This shows price is biased more towards the 52 week lows.
4HR Bullish Divergence at the PCZ of a Bullish Shark MACD Bullish Divergence, Oversold Stochastic, Oversold RSI, and the MFI is rebounding from Oversold territory after hitting a 1.13 PCZ of a 4HR Bullish Shark I will be longing and targeting the 50 percent retrace from high to low and expect to see the AUD potentially continue it's downtrend after hitting the 50% retrace to confirm a potential Bearish 5-0.