Step 1 - Apply 8 & 20 sma to chart Step 2 - Apply ma crossover alert to chart Step 3 - Enter at candle close as 8 sma crosses above 20 sma Step 4 - SL below crossover point Step 5 - You determine TP point
What I'm doing in this bear market is cycling through the medium time-frames and looking for the price to get stuck under a successful moving average cross like you see here. Price will likely fall sometime around the beginning of the next 45 minute candle. Stop is set just above the cross just incase the cross-over is challenged.
CZ said the weekly chart was bullish before the dips, now this chart is even more bullish because you have an opportunity to long from $6k again. Good luck friends!
G'Day Cobbers After a strong few weeks we have found the 8500 level impassable and the selling pressure has pushed us back down in a corrective move, the question we need to be asking is this a healthy correction or are we heading back down to retest the recent breakout. If we break below this level I will be switching my long term bias to bearish, as it will...
We can see very interesting setup - downtrend MA crossover of 22 and 44-days MA. I drew Fibonacci retracements and for us important levels are 50% and 61,8%. For those who want to risk more - they can long from with tagets on these levels. For the conservative ones - these levels could be great entries for short trade. Trade safe !
Pretty simple idea/update saw a H&S forming, lets see if it does and short the market IF it completes there is also a possible MA cross coming up on a 50/200SMA if pattern completes then most likely a death cross will follow but if bitcoin finds some buyers then it could break the pattern and carry on up and probably form a golden cross use fib levels to work...
Hi boys! Today I'm having fun with this big BTC. He gives me a lot ideas ;) In the past, BTC was bullish. In December, BTC became bearish and still is. My chart in a day because, BTC will go down in few days, in my buying zone. My stop loss is a indicator, but it is optional because it's not necessary. When BTC arrives in my buying zone, it will go up! I use MA...
GBPJPY - Price broke monthly resistance that was previous support , we have broken descending trendline and MA cross.
A little extended but 50 coming though the 100 on the daily...need I say more?
Possible long setup for GBP respecting the 38.2 fib could see higher high created if it can break 1.30
NK perfect chart setup. Got nice lift with price over 200 MA and 20 MA crossed over the 50 and 100 MA's. Plenty of upside left imo. Long.
Bullish butterfly completed, then (Friday) stock tested/held support, then (today) 9/21 moving averages crossed. xdaystogo.com
On May 3, 2017, American Express Company crossed below its 50 day moving average (DMA). Historically this has occurred 406 times and the stock does not always drop. The median drop is 4.538% and maximum drop is 45.566% over the next 20 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 50.4969. RSI tends to...
On April 28, 2017, NVIDIA stock crossed below its 100 day moving average (DMA). Historically this has occurred 106 times and the stock drops a minimum of 0.327%. The median drop is 6.170% and maximum drop is 44.146% over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 54.3666. RSI tends to...
On April 28, 2017, Citigroup stock ( C ) 20 day moving average (DMA) crossed below its 100 day moving average (DMA). Historically this has occurred 237 times and the stock does not always continue to drop. The median drop is 3.213% and maximum drop is 37.140% over the next 11 trading days. When we take a look at other technical indicators, the relative strength...
On April 27, 2017, The Coca-Cola Company ( ) 20 day moving average (DMA) crossed above the 250 DMA , 50 DMA crossed above the 200 DMA, and 100 DMA crossed above the 150 DMA. All three crosses are bullish in nature and have never all occurred on the same day before. Historically the stock does not always rise over the next 20 trading days when each individual...
On April 25, 2017, the Nike ( NKE ) 100 day moving average (DMA) crossed above its 200 DMA Historically this has occurred 19 times with a minimum gain of 0.495%. It has a median gain of 6.655% and maximum gain of 24.969% over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 46.5981. RSI tends to...
On April 19, 2017, Merck & Co ( NYSE:MRK ) crossed above its 150 daily moving average (DMA). Historically this has occurred 227 times and the stock does not always move up. It has a median gain of 4.139% and maximum gain of 18.194% over the next 16 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 40.4843....