If a second Green Renko Candle (Brick) completes, it may be time to long this for a 6-9% gain to the previous resistance. Exit trade on 2 candle break of trend or 3 depending on your appetite for risk. Could provide heaps more profit if resistance is broken this time.
Tandem has turned around. The company recently launched a new insulin pump algorithm and offers the best touch screen pump in the U.S. With international expansion just starting and a new FDA approval in sight next year, its market cap will easily double/triple. Watch out for $70 price level.
High flag Bitcoin taking more fuel to finish its route in the region 8550k before retreating to fuel its last starting point in 6.280 K. * This is just my observation the market does not understand as a recommendation.
Hello gang. OK so here's the Renko on the daily. If you've seen my previous ideas, you will notice I've been talking about a big triangle wave, along with some other people doing TA. These waves are bouncing in a big triangular formation ... 20k to 6k, 6k to 11.7k, 11.7k to 6.5k, 6.5k to 10k and now the final wave ... which has broken down below the triangle...
I'm not good at explaining things, but this shit looks promissing. I guess...
we are yet to see a reversal signal on the daily renko, a decent hammer on this daily would signal bitcoin is back. patience is key
Dear team! Another trick I'm sharing ... Renko charts. For those that don't know renko plots bars differently to candles. Each bar represents like a fixed price drop, say $100. If you drop by $400, then it plots 4 red bars (4 x $100), and if it increases by $500 it plots 5 green bars (5 x $100). This supposedly takes out all the noise in the system (or at least...
Long term renko chart (100 pip) looks like it could be cycling through a continuation pattern. With price stepping up higher and TSI dropping back but remaining above 0, price could be set to breakout to upside. Looking at 10 pip chart for timing, the breakout could be starting now. The 20 pip chart.
Using Renko Charts with Tenkan Ichimoku Line here ZCoin looks like it's floating in between support levels, hanging low beneath the Ichimoku Tenkan line. Odds are that we'll be dropping down to the 0.003 BTC support zone from Fall 2017. It's a pity - was hoping that all the ZCoin masternodes could help keep the price up.
Diving into Renko because I love its simplicity and minimalism. This is an exploration of a potential strategy for COINBASE:BTCUSD using Renko and Ichimoku. I like imagining my charts as diving in and out of sea. When it's above water, go long. When it's below, short or stay away. RENKO set to Close, Traditional, and Brick Size 1/20th of current asset...
On the Renko chart, you can clearly see that Bitcoin is in a falling wedge, but what I want to note here is the volume based on price level. A way to think about this chart is, there has been more volume in the smallest amount of price range since Bitcoin's all time high. Now this could mean that its just a very large stepping stone, right before capitulation,...
Pressão psicológica do mercado empurrando o BTC para 6k.
Multi Time Frame Renko charts cross over of the lower time frame (box size) is the signal for buy/sell. Selection between the ATR and traditional box size is done by user. If you go by the traditional box size you have to select the box size manually. So change some based on the price of the Currency (you can begin by 1/10 of the currency price). Tips: It can...
Hit support on USD 30 and ascending limb of triangle. Dow usually continues or reverses halfway through the day. This is a buy order at exit MOC.
Eu vejo o Bitcoin tomando impulso para um salto acima maior. Este método Renko permitiu visualizar os movimentos sem interferências analisando a força compradora sobrepondo a vendedora. Bitcoin se dirigindo aos 10K esta é minha opinião mas não uma recomendação para longo ou short. Veremos nas próximas 24 horas. Boas ondas e bons lucros.