Introduction Developed by Gerald Appel in the late seventies, the Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available. The MACD turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from the shorter moving average. As a...
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Although there can be variations, the classic Double Bottom Reversal usually marks an intermediate or...
let see how this chart develops
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Although there can be variations, the classic Double Bottom Reversal usually marks an intermediate or long-term...
Should I buy LEND today? *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
The above figure shows an example of an inverted cup with handle chart pattern (in red). Price makes a gentle rounding turn, forming the inverted cup. Following the cup is the handle, a flat region in this example that stretches from March and into April. Price jumps upward for several days and creates another inverted cup (in green) before starting a new trend...
The major monetary metal in history is silver, not gold For most of mankind throughout most of history, silver has been the much more important monetary metal, familiar as the metal of daily commerce. Gold was used only for very, very large payments, which most people make only rarely, if ever. Both silver and gold are monetary metals, i.e., they both benefit...
Double Bottoms A double bottom forms when the price makes a low within a downtrend, and then pulls back to the upside. On the next decline the price stalls near the prior low, then rallies above the pullback high. It's called a double bottom because the price stalled in the same area twice, unable to drop below that support area. The pattern is complete, and...
Is the recession really over, or is it a dead cat bounce? There's an old saying in investing: even a dead cat will bounce if it is dropped from high enough. The dead cat bounce refers to a short-term recovery in a declining trend. What Causes A Cat To Bounce? There comes a time in every bear market when even the most ardent bears rethink their positions....
breaks the support level and closes below it or break the support level but that closes above it. Right after the bear trap candlestick forms, price tends to move up. A bear trap chart pattern is a bullish signal. This signal forms when price hits a support level and pretends to break it only to reverse and head up. So you should be looking for a bear trap...
BREAKING DOWN 'Death Cross' The death cross can occur in individual stocks, within various funds, and when examining indices and averages. Considered a bearish signal within the market, a death cross occurs when the short-term, 50-day moving average, also called a price trend, crosses below the long-term, 200-day moving average. It is named a death cross due to...
if bitcoin broke that level .....start praying
*DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
ZEC VS. BTC *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
After a pullback, We expect to see the developing uptrend.
we should start to develop higher lows - higher highs, if we can confirm that new channel than we can start looking for entry points.
if we can get abouve 0.000025 level it will be strong buy