The setup here is very clear to me.. We're running out of fuel and the PRO SINEWAVE will soon plot the EXIT cycle that will terminate this bullish breakout pattern... Once terminated the market will switch back to range / retracement mode. After such a rally (+30% with no breathing of more than 3%) we can easily expect the prices to retrace at least to...
I post that chart because I know some of you are going crazy about the bitcoin... is it a bubble or not.. Well let's make this straight... if you think this kind of price action isn't typically a bubble.. then you need to review your classics ! Of course this is a bubble ! The only question is when is going to burst.. That's a tricky question.. and trying to...
BTS Indicators: Stoch - short-term down to the support of this back-wedge; MACD - start rise up; Alligator - tasty.
My findings indicate that while the DEMA can be an early indicator of a bullish cross it is not accurate. On the left in the DEMA chart, the green circle showed the 50 DEMA crossing up through the 20 DEMA caused a spike in price point... which is just weird because it should have gone the other way because it is actually the 20 moving down through the 50... and in...
Following on from yesterday's daily alert signaling that I was beginning to search for short entries, I must admit that so far nothing is showing signs of sellers going in... Feels like the market is dead and wants to wait for 2018 before pricing anything ! Anyway... without signals, no trade. And here neither sinewave or momentum is giving any signs of sellers....
A Game of Coins With the relatively "stable" price action currently on BTC, there is an air of "what's next" amongst traders and investors. As you can see from the hourly short term chart, the current BTCUSD price action over the last few days has been in a range of between 14K - 18K, give or take a few spikes. As such, the circa 30% fluctuation is nothing to...
With a little adjustment I still think its best to wait a little longer. Correction should be done around 0.000261841. **Legal bullcrap**: This is only my opinion, make of it what you wish. it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
For everything that is being said about Crypto's, they seem to be obedient and trade within Fibonacci and other indicators parameters!
indicator supported idea. entry at 113.537 sl 113.421 (/- .100) tp 114.003
The "Dip" Could this be the moment we have been waiting for? The people who have been on the sidelines, awaiting for their moment to pounce on some blood!? Who knows - but we can evaluate the market in such a way that we may be slightly more clued up, than just putting a finger in the air. From the dizzying BTCUSD highs of this week (excluding the 19K USD...
Market is testing the 1.33 resistance. Bulls apper to be the strongest. Candelsticks show us a Harami and a hammer that might be the confirmation for the long. The breakout above 1.33 is the entry signal.
XRP has been silent for some time now. Hasn't made much noise in the crypto space for some time now after the AMERICAN EXPRESS news. Didn't take off while BTC LTC and other coins took off. A clean triangle has formed since the recent days and it's ready to jump a few cents likely about 3 to 5 cents. This jump of about 3-5 cents could turn into a catalyst to take...
Everyone should take the quintessence out of this for him-/herself
When this is 50-50 I usually have a close look at Sinewave to see if it can shift the balance. In our case, the last cycle is a bearish cycle.. It will very likely be broken in both scenarios, but the question is "what will happen when we'll have reached the target" ? Option 1 will extende over it and start a bull trend out this initial bear cycle (it happens...
Bitcoin trading on final leg of entire impulse wave. Target for this wave 9200. Short term we can expect some correction.
#stocks #trading #indicators $XLP
Entered Long, looking to take profit around 1.31744 after that I will wait for reversal then retracement backup. Please tell me what you guys think leave some constructive comments. happy trading.
Bitcoin has regained some footing after rejecting the $5000 handle. This weekend the Crypto Spread indicator measured tremendous outflows to the Altcoins, specifically Bitcoin cash. BCH managed to dethrone Ethereum momentarily as the number 2 cryptocurrency by volume, but this was short lived. Currently, the pendulum seems to be swinging back to BTC, as it...