The price has placed a candle beautifully on the 50MA this is a very bullish weekly placement 10K + ?
Hi everyone Daily" XRP broke trend a strong trend line, while leaving behind a Death Cross like many other currencies. Following BTC Also I see the formation of a Head and shoulders that has sent the price down to the next local support level. XRP has to over come selling pressure to keep it self above the current support $$0.76, If failing to do so we could...
Hi everyone Daily" Rebound up from trend line. Stoch RSI crossed up on over sold area. Strong sign of having had reached bottom daily looking to come back up and retest 50Ma. Possible price target $190 if gone over this resistance we can see a long move all the way to $240 if bulls keep on our side. ALWAYS look for extra confirmation on any trade, Anything...
Hi everyone Daily" Going short ADAUSDT RSI still has a long way to get down to over sold area, had confirmation from red DOJI and second long Red candle. + Price fail to cross up 50 MA ALWAYS look for extra confirmation on any trade, Anything like a bullish/ bearish candle such as the one we can see here "Red Doji' Possible drop to $1 If bears stay strong,...
Price has taken support at crucial level. Support of 50 SMA is another confirmation.
Bitcoin has hit the 50 day MA today after $900 million has been liquidated. This has caused bitcoin to start forming a second shoulder in a head and shoulders pattern on the 1 day chart. At the time of writing bitcoin is $49,000, following the head and shoulders pattern bitcoin could see $55,000 before further plummeting to $40,000. However, if bitcoin rebounds...
A bloody day for Bitcoin. It looks like we didnt hold the BMSB (bullmarket support band). We should at least weekly close ABOVE the 50MA. Very important!!
Price movement is in many ways similar to what we could see in May this year. First, it is what had preceded the movement since January. Second, it is its nature itself, particularly the high volatility candle which is in motion Today. Reading from the left: → A price stops its impulsive rally to consolidate its way back towards 50 EMA (red). → Another impulsive...
Here is a setup from a trade last week. I primarily look for candles closing at the 4 hour closes and also around the 1 hour closes around the NY session open. There are three MA's I use. The 20 MA (blue), 50 MA (red) and the 200 MA (gold). Not only does the candle have to close on the 20 or 50 MA but the moving averages must be positioned correctly. I use the...
Weekly chart for FB and newly named Meta It can be seen along the 1/1 Gann line that a previous resistance (red oval) has turned into a support (green oval) The 50MA can also be seen as a point of support in both points Now is the time to go long, with the new Metaverse pursuit and the consistency of price displayed through history by Meta
TA explained Pretty clean iHnS pattern on the 2H TF: Broke out, retested the neckline and bounced on the 4H 50MA. Trade setup Best entries: 28.762 - 30.256 TP1: 32.754 TP2: 35.802 TP3: 39.166 SL: 27.427 RR: 4.7 Max leverage: 2 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford...
NIFTY 50 LEVEL aapko yai levels helpkar sakti hain
I have been leaning towards a MA retest strategy that has been panning out pretty well these past few months. Here is a setup from a trade last week. I primarily look for candles closing at the 4 hour closes and also around the 1 hour closes around the NY session open. There are three MA's I use. The 20 MA (blue), 50 MA (red) and the 200 MA (gold). Not only does...
NFA.. Just a few squiggles on a chart.. Here is just a Sine wave replication of the 50MA (Daily) 0 offset But shifted vertically.. (Ribbons if you will..) 50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and...
#Bitcoin #BTC : Nov. Correction (Liquidation) down to 50MA Daily at 80-90K Level - Date 20-30 Nov.
Odds are good i we continue to consolidate inside this descending channel(in green) that we will find support when once the 1 day 50ma (in orange) converges with the bottom trendline of the channel around 55944-56k or once it enters inside the channel. So my guess is the bottom of the handle will be around that 55.9-56k range. Of course it could also do a bear...
TA explained KEEP seems to be ready for a next leg up. Pullback was completed when bouncing from Golden Pocket level and previous top (lowest green dotted line). After the bounce the 6H (and 4H) 50MA got broken strong and is retested right now. Trade setup Best entries: 0.6847 - 0.7325 TP1: 0.8442 TP2: 0.9774 TP3: 1.1733 SL: 0.6238 RR: 5.52 Max leverage:...
TA explained I had this one on my watchlist for a while now. Seems to be ready for upward continuation after the breakout of the falling wedge and a retest of the breakout level. Trade setup Best entries: 0.3873 - 0.4270 TP1: 0.6310 TP2: 0.8888 TP3: 1.2326 SL: 0.3404 RR: 12.09 Max leverage: n/a ————— MDSquared Crypto Lounge ————— Do Your Own Research (of...