Provided that LTC holds and finds support over 0.0065 BTC on the next 1D candle.
No trading zone. Bearish Biased. Waiting for a clear confirmation either: Breaking up and finding support on the current upper resistance line, Dropping back down but finds support at the 9300USD yet again. Dropping below the 9300USD support level. Dropping below the 9300USD support level, retests and fails. Breaking up through the...
PRISM's pSAR-based RSI looks to be reset on the 3hr timescale, but not yet on the 1D timescale, hint that there is still a bit more downside to go. BTC expected to fall to 9176 USD support in the short term. If it finds strong support there, will expect it to bounce back to 10788 USD (61.8% on the PDF dynamic Fib-level, hidden here) and at also where the top...
See also complimentary chart to this analysis:
I don't see a massive dump though. But I will continue to monitor the chart and update my views accordingly. See also: and
See earlier published WANBTC chart, and crude Trade Logs: and also see my post on BTC dominance: Setting stop-loss at 0.000046 BTC -- using my Fast Aeondrift (stdev based bands) to suggest suitable stop-limit levels to consider. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a...
Even though BTC.D doesn't always reflect the state of every individual altcoins, I still personally find it useful to refer to it as a measure of the level of "tendency towards risk-taking" in the market. Trend wise, BTC.D is still conforming to the upward channel drawn. However, recent history indicates that prices above the thick-grey LIVIDITIUM (LVDT) level is...
Earlier, after the massive pump, I've set limit sell of WAN at 0.0000509 BTC which got triggered. Setting a buy-back limit buy orders of WAN, cost-averaging btwn 0.00003-0.0000263 BTC, with the aid of the LIVIDITIUM dynamic band levels. See: t.me QUOTE "I still think WAN still has strength to continue up more personally. But Im setting stop-losses to protect my...
Using the FUSIONGAP oscillator (Zoomed out). The FUSIONGAPS series oscillators can also be set to log-scale to determine oversold/bought condition, or bullish/bearish phase/flip of the market. This is why I am not expecting a massive dump down to an all time low, or anything too brutal. If BTC's next move is a further downward correction, I'd expected it to...
See descriptions in chart. Need to continue to monitor at higher time-frames to assess mid-to-long term trends.
As I had also posted on the 21st August in a telegram channel as a reply. t.me More minor alt gains until PRISM’s psar-based RSI/Stochs resets. Noteworthy: However, divergence in the progressive tops of the psar oscillator where it is descending, while BTC dominance is ascending.
Bitcoin to rebound back to top black resistance level, if price continues to hold above red support line — allowing the PRISM RSI and STOCHS to reset. Momentum still in the negative though, and acceleration and Jerk oscillators doesn’t look to be rebounding yet. Need to wait till PRISM acceleration oscillator to turn positive first before deciding on an entry...
Spiked down around 5-5:30 PM ET then hit resistance at 1.0365 retraced approximately 50% of the move. connors rsi was above 80
on the daily chart usd jpy is in a downtrend, has been retracing for the last week tho connors rsi was greater than 80 which in the past indicated good short entry signals (idea for quant journal test the accuracy rates of indicators on each symbol) hitting resistance at 108.282 broke under the uptrend line indicating weakness in the trend setting stop loss at 15...
EURAUD at momentum setup trend for reversal expected to hit 1.63312. If not it will bear at EUR economic CPI data release later. I viewed it in all time-frames from 30 mins to 4 hrs and Daily.
At the moment I'm using moving averages 20-50-200 and Elder's Force Index ( EFI ) and that is working really well for me in Bitcoin and other alts so I thought I would share my observations. The 20 Weekly Moving average As you may notice, the 20WMA is quite significant, during the previous bull market it acted as a significant support and has been the main...
Our last update for today, in the Crypto-Sticks series. More to come soon! Here's an example of how to use the Crypto-Sticks Momentum for trading signals. I also plotted this range's signals the indicator would've generated. Momentum can be a tricky indicator sometimes. Since it doesnt go into predictable overbought or oversold zones, it rather just...
GJ (GBP/JPY) Technical momo setup +62 pips in 30 mins in my momo setup made +62 pips in 30 mins intra-day trading after release of economic calendar even it's release GBP is negative/bearish and JPY is positive and bullish. Oversold os levels in vwap and momo stochastic crossover and reversal of momo squeeze, bounce back below vwap levels. High volume and...