The next NFT frontier for the apes, APE CHAIN . Could $APE launch itself to compete w/ $BNB? It all depends on how heavily invested/serious they are in building an actual metaverse to reality. Looking at the founders of the coin, how $APE is now a payment currency on open sea , and how most metaverse projects are having trouble launching, I’m afraid $APE is a...
Hello traders, Nasdaq is having a tinny uptrend, it might reach R1, but first, it should break up the trend line at $13,226 price. Next, it might bounce on R1, and you should be alert for possible retracement until the pivot point. Pls Remember, Keep checking the trend, go with the trend, controlling that the market doesn't reject the prices. Nasdaq is still...
Check out the Bollinger band distance between, the amount of days and 2024 being the next Bull Run !
Btc has been coming declining seems 13 69,000 price mark. It has been no declining for a while, which is clearly observable Linda chart. I don't consider this as a beer market yet, although I really think that the correction is taking longer than it seemed to me in the beginning. In this scenario what I seen is an eminent encounter with the button after which the...
From our last idea, I incorrectly drew the Elliot wave count from the lack of attention to high time frames (weekly and above) and overlooked a bearish momentum divergence that printed back in early November. I believe we're on the verge of entering bear market territory if 47k doesn't hold over the next couple of days and weeks. 47k at the moment has...
Sorry for the lack of posts over the past two weeks, been busy w/ life. Anyways, I believe this downtrend is nearly over if we consider this recent correct market structure as a running flat . The only concern with this is that within the b-wave, its ascending triple Elliott wave has an overextended wave Z with a ~1.618 fib level rather than a 1.272 fib as...
When we fall below the 20-week moving average, which is the Bollinger middle band, on the weekly timeframe, then it is an undeniable fact that we test the Bollinger lower band. When we examine the areas where the moving averages cross in the weekly timeframe, they show interesting support and resistance points in the past, which seems too strange to be a...
We are literally dealing with a descending triangle formation. As you know, this type of formation tends to break down and in this case where we have a downward momentum, unfortunately, it points to the Bollinger lower band in the weekly time frame as the price target.
xauusd still has the potential to increase because it is already in the oversold area The areas to pay attention to are demand medium risk 1800 - 1790 low risk demand 1778 - 1773
Bitcoin has temporarily hit all lows and we have a defense of the lower band on 1D, which indicates that there are chances for a nice rebound and reaching even the upper band on 1D in a few days, which would mean that we will reach 68k again and there will be a side trend . However, before we are sure, there must be an upward impulse and we must probably bounce...
H4 - Bearish divergence. 20+ candles ride on upper Bollinger Band. Expecting short term bearish moves to happen here.
FTM has been in limbo today, and it seems that it wants to pick up where it ended yesterday. we are currently at a breakout level. 1H Ichimoku cloud: The Kijun and Tenkan lines are above the (green) cloud, and very close to each other. i'm expecting a cross within the next few hours. The cross above the cloud is a strong bullish signal. Bollinger bands: The...
Here we take a look at the 12hr Bollinger Bands Width compared to price action as a way of understanding volatility. Indicator arguments are as follows: Length = 20 Source = Close StdDev = 2 Included with the Durbtrade Bollinger Bands Width indicator is a zero line (white), and an Exponential Moving Average with a length of 50 and an offset of 0 (blue...
If it breaks the support at 15 minutes. It's good to execute a short sell? Watch for it...
Latest Note: So we are entering another squeeze here with a slightly bullish signal. This is a pretty unfathomable run at 8 straight days green. I can't see this continuing the streak however it could cool off and wait a whole day going slightly red in a squeeze before taking off again. Watch and hold here. 38.5 is about the possible breakdown area. 40.8 is...
BITSTAMP:BTCUSD Could the three white soldiers candlestick pattern resolve into a trend reversal? BB width also suggesting an expansion is coming. Could it be the break for BTC/USD?
Confluences: Bullish engulfing Lower bollinger band outbreak Rejected strong support/demand zone Long term uptrend Close above 20 EMA TP set at the candle body high of the previous highs. SL set below engulfing candle low (safe) or below 4H engulfing candle low (riskier). A close above the resistance trend line will confirm further increase in price. Will be...
The SPX is moving sideways for now, and the Bollinger Bands are getting tighter. This could indicate that the next explosion will happen soon, the question is, it'll be up or down? We just hit our target at 4,118, but the index is doing a hammer (or a spinning bottom?) close to the support, and it is in the lower part of the band, meaning that an upwards...