Triangle pattern on 4h - 2h - 30m Watch for a 30m candle closed below bottom trendline TP will be 4H 100 sma
As we can see, the 50, 100, and 200 day moving averages were solid support points throughout 2017. Once Bitcoin touches the 200 day moving average (at a rate of less than once per year) historically it rebounds very, very strongly. Edit: Made a typo. The orange text description should say "50 day moving average". Sorry!
Bitcoin following the downward trend, I've highlighted entry points that I personally have put orders in, the correspond with resistance zones circled previously. The downward trend broke through the 100-day Moving average in a big way but seems to have bounced near the 200-day MA (purple). We will see whether this is the bottom bounce or whether we will continue...
Price between 50sma & 100sma Price will breakout from sma's Long Trade Breakout above 50 sma 1st Take Profit Range Top @11712.3 2nd Take Profit Swing High @ 12909.3 Short Trade Breakout below 100 sma 1st Take Profit Range Bottom @ 10457.4 2nd Take Profit Swing Low @ 9518.1
Enter 4H 50 sma breakout on 15m B-H-G 1st TP 1/3 @ 100 sma 2nd TP 1/3 @ 2276.50 3rd TP 1/3 @ 2867.1050
Pair is in a range Price is in-between the 50 sma & 100 sma Breakouts of those ma's price will go to the range top/bottom Breakouts at range top/bottom Take profit at previous fractal highs/lows and swing high/low
Pair is in a range Price is below 100 sma makes a bearish bias Bullish Trade Breakout of 50 sma 1st take profit is range top 2nd take profit is swing high Bearish Trade ENTRY - current 15m bearish continuation candle patterns 1st take profit range bottom 2nd take profit swing low
Macd over-extended sell. Macd crossed above Red signal line - possible bullish directional move Pair is in a range Price has consolidated on the range bottom for awhile Price may move toward 100 sma Buy stop above current resistance @ 151.10 Take Profit 50 pips @ 151.60 To the left of that trade-able space is a red long body candle This helps price move up...
Flapjack is a pancake. You have to flip it over to finish cooking it. Flapjack means price chooses which side you put your jam on to eat Let Macd fade back to center line Bear trade Macd falls and crosses below Red line Bull trade macd crosses above center line and stays above it You have the option to scalp current price back to 50 or 100 sma
Price is at a confluence point where 50 sma and 50% fib have meet. Price is inbetween the 100 sma and 50 sma resting at the 100 sma Macd did cross above the 0 levelo line which indicates bul;lish bias If price does go long exit trade if macd crosses back below 0 level line If macd crosses below 0 level line and Red signal line bias is bearish. Take Profits are at...
Where is "NO MAN'S LAND". In between the 50 sma and 100 sma. When price is in between these two SMA's it is usually consolidating, moving sideways without much momentum. Wait until price breaks out of one of these sma's. Price will then have better momentum behind it. Watch Macd for direction. When Blue line crosses over the 0 level line or the Red line it helps...
1 - Pair may retest double top with possible bearish reversal bounce. 2 - Pair may fall from 50sma to 100 sma. ? - Pair may move sideways some more but will eventually do 1 or 2
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If price continues bullish the Macd will cross & stay above the 0 level line. If it fails then the Macd will cross back below the 0 level line and the Red line and price will fall to the 100 sma.
BCHUSD 2H chart has price just above the 50sma with the 100 sma above it. Sideways indecision in that zone (50-100sma) Price breaks above 100 sma for long and breaks below 50sma for short.
BTCUSDT 1H needs price to center itself back to the 50sma/100sma. It is in a range box and price is falling to the bottom of the box. Bullish breakout of range box failed.
Enter on the 15m with a break-hook-go candle pattern.
Price should pull back for entry on the 15m chart. TP will be the 100 sma on the 15m chart. Watch the Macd for directional confirmation.