DexterMGarcia

DexterMGarcia

Least Regression Curves (LRC) and the Exponential Moving Average (EMA), both set to a 50-period, provide reliable dynamic support and resistance levels. In this 15-minute chart, the current LRC and EMA levels from the 1-hour and 4-hour timeframes are plotted as key levels. When the price is below these levels, they act as resistance, and when it is above, they...

DexterMGarcia

In my previous post, I noted that as long as the 97,400 support held, BTC was likely to attempt a move toward the 100k mark. However, the current price has already breached this support, signaling the potential onset of a bearish trend. The 97,100 support level will now play a critical role in halting further declines. Watch closely for price rejection at the key...

DexterMGarcia

If the price has not yet exhausted the divergence, it may break through the 99,400 resistance level to reach the 100k mark. For this to happen, a new support level above 97,400 must be established, meaning the price should rebound from this level to build the momentum needed to overcome the prevailing resistance. Currently, BTC appears to be attempting this move....

DexterMGarcia

BTC is gaining momentum, with a bullish divergence signaling potential upward movement. A green candle opening and closing above the 68,109 level could trigger a significant bull run.

DexterMGarcia

Currently, XRP is testing Support 2 at 0.52677, a key level that previously served as resistance, marking an area of strong confluence. If the support fails, there is a high likelihood of a retest of Support 1 around 0.52380. For now, it’s too early to confirm an ideal buy entry. I’ll be watching for the RSI to rebound from oversold territory and waiting for...

DexterMGarcia

The price is likely to break the resistance at the 67,234 level and retest this area as support. This outlook is supported by the price holding within the range level (marked by the white line) and the presence of strong support at 66,770, which aligns with a previous resistance level, creating a confluence. However, there is still a possibility that the price...

DexterMGarcia

Scalping Strategy Using RSI 30-50-70 Moving Average The RSI 30-50-70 Moving Average strategy is designed to help traders identify optimal entry and exit points by using three distinct moving averages, each corresponding to different RSI ranges (30%, 50%, and 70%). These ranges capture varying market conditions—oversold, neutral, and overbought—and provide...

DexterMGarcia

This 1 hour chart shows two forecast. The LSTM generated forecast (light green) shows the estimated next 14 period of closing price: 59207.98 59198.12 59062.58 59095.66 59106.2 59306.17 59376.65 59354.34 59326.52 59335.79 59778.45 59811.77 59735.35 59746.6 The forecast is generated by LSTM trained on the combined features of RSI and Closing Price. LSTM is fine...

DexterMGarcia Updated 

I would like to share this insight about the BTC price forecast. I am currently testing a code using 'Jupyter Notebook (python)' and the code generates a 14 day forecast at the 4 hour time frame using LSTM. However, I twisted the LSTM a little bit by adjusting its hyperparameters based on the model's confidence estimate. The following are the forecasted values...

DexterMGarcia

The moviing 50% (yellow) shifted and hovered within the lower 50% level (blue). This simply indicates a potential reversal to bullish momentum. Because the price closed above the moving 50% line, I would immediately place a long position and apply a 1:3 risk ratio. Price may try to reach and break the 69800 level and then it will attempt to reach the 70000 level...

DexterMGarcia Updated 

While waiting for the 50% moving average (yellow) to shift up to the median 50% level (orange) (previously the upper 50% level), I would place a sell market order at the 70715 price level as my short positon. This is indicated by the bearish divergence between the price and RSI. I am expecting the price to land at the confleunce level at 69600. However, price may...

DexterMGarcia Updated 

The price at the moment is ranging below the 50% moving average (yellow) which indicates a weak momentum. Price will try to gather more momentum by rebounding from the lower 50% level (blue). Once the price rebounded, it may attempt to break the 50% moving average. However, the prevailing linear regression channel's upper deviation line intersected the median 50%...

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At the moment, the price hovers above the Upper 50% level. It could be considered as the current resistance area. The moving 50% line (yellow) is still below the previous Lower 50% level. This could indicate that price may range between the Median 50% and Upper 50% level. Confluence level at 64610 and 63670. In the meantime, I would place a limit buy order at this...

DexterMGarcia

The AR Forecast indicator (by Steversteves) seems to play very well with the key levels generated by the 'predict beta' indicator. The price is still taking its time at the support zone. Another divergence could occur in order to gather more momentum. However, if the momentum is not enough, the price may still break the support and the lower 50% key level. More...

DexterMGarcia

Confluence harnesses the collective strength of various signals to enhance the precision and reliability of trading decisions, reducing the occurrence of false signals and aiding in the identification of optimal entry and exit points. In this analysis, I use the 'Predict Beta' indicator to forecast key levels, facilitating the identification of significant...

DexterMGarcia

A bearish Bar-to-Bar divergence has been identified, signaling a potential loss of momentum. However, the current price resides above the 50% moving line and above the Lower 50% line. Additionally, an upward bend has been observed in the 'Predict Beta' indicator, hinting at possible bullish pressure. My strategy entails waiting for the price to breach the short...

DexterMGarcia Updated 

Currently, the price is hovering around the Median 50% area and above the Moving 50% line, residing within the 4-hour resistance zone. A bar-to-bar divergence has emerged between the closing price of green candles and RSI, signaling a potential weakening momentum. Interestingly, despite this divergence, the "Predict Beta" indicator has indicated an upward bend,...

DexterMGarcia Updated 

I've developed a key level indicator (temporarily named “Predict Beta”) aimed at forecasting and estimating key levels within the next 14 to 21 bars. It utilizes RSI data and net change values for each bar, focusing on key levels such as 30%, 50%, and 70%. Additionally, I've incorporated a 50% Exponential Moving Average (EMA) in yellow to aid in assessing changes...