I have combined the idea of learning by cycles and pivot points (zones) with an actual trading idea for positional work using the example of the Tezos (XTZ) coin paired with USDT (USD). According to Dow theory, there are 3 types of trends: 1) main (long-term). 2) minor. 3) insignificant (small). 3) Phases of trends. In turn, each trend has the following...
Here is another potential way using my 3 MACD's to confirm if LO is in. MACD line & Signal line must be <0. Then take first 3 all rising Histograms <0. Box their price range in blue. Then wait for first single collumn of all Histograms >0. CAVEAT: Data from 8th Nov. Only. NOT ADVICE. DYOR.
Here's what happens when Stochastic of Bitcoin Dominance rises over 85 for 2 Weeks in a row. CAVEAT: Since Week 4th May 2015 only. NOT ADVICE DYOR
Only 8 times since week of 11 Nov 2013 weekly Stoch CL >90 2 WKS in a row. What happened next? NOT ADVICE. DYOR.
NOT ADVICE. DYOR. Look at that Move China too
All Charts To Same Scale For Comparison. See Can Spot A better Way To Trade It NOT ADVICE. DYOR
Bitcoin - Support In or Not Yet ? DXY - Retrace Over or Not Yet ? Will USDCNY Crash By End By End Oct ? NOT ADVICE. DYOR.
Using candlesticks in extraordinary ways. CAVEAT: small sample size. NOT ADVICE. DYOR Signal code: Rising Window followed by Long Lower Shadow & then Rising Window again is a buy.
The more Lower High and Lower Low points the best the situation will be.
CAVEAT - small sample size. NOT ADVICE DYOR
NOT ADVICE. DYOR
BTCUSD is coming higher, now very close to former swing low at 11150 so bearish impulse can be invalidated soon. That is why we adjusted the wave count, and are now looking for wave X rally, but still same bias; recovery is in three waves so bears are possible but only confirmed when trendline support of current upward channel is broken. If on the other hand, coin...
NOT ADVICE. DYOR.
SPX needs Bitcoin/Crypto to go parabolic more than SPX to break out of ATH. CAVEAT - small sample size. NOT ADVICE DYOR. Used Blue Verticals From Analysis Of SPX Below Max healthy pullback in this analysis <7% from ATH . Max danger if market drops >9.89%. NOT ADVICE DYOR Construction Details:- All verticals where Histogram >0 but trending down i.e. light green....
Rule 1 = 3 green Mac's rising Rule 2 = Rule 1 trend broken (green vertical) Rule 3 = Rule 2 followed red Mac. Statistic since Jul 2015 every closing week break out from the high of Rule 2 resulted in a near 50% to 100% increase in price. Therefore, break out from $12,065 could hit $18,000 or $24,000. Then once weeks closing price price breaks $19,175 could hit...