50 100 & 200 MAsThe 50MA 100MA 200MA are indicators i used most on a day chart to determine if the chart is a good chart to swing trade and i use the weekly to determine trades for L.E.A.P.S. with those same indicators
50ma
60 pip sell for audusd We are seeing an area of resistance right now and it failed to break. It also made a lower low recently and to confirm the move it also made a lower high. All of this indicates we are in a downtrend. We need to wait for confirmation when price breaks the 50 with momentum or when it breaks the trendline. This will be a 60 pip win if we are successful. Use proper risk management for this trade.
GBPJPY 26/06/21(Hourly Time Frame)
Head and shoulders spotted forming on the 1hr TF.
To decrease noise I removed some indicators, however they also indicated a sell occurring in the market short term;
- Ichimoku cloud indicates to sell
- BB's indicating to sell, however the bands were getting tighter together. (Market bouncing between middle and bottom bb).
The 50MA is currently pushing the market down.
T/P may be decreased, I predict it will go down to the support zone however invest at your own risk.
***The resistance zone stated isn't the highest resistance zone the market has offered, it is an average Resistance zone I have gauged within a time frame in the market.
EVFM 50 day MA and anchored VWAP bounce Loking for $3.50 for this stock recent bounce of 50 day MA and finding support on anchored VWAP should be good for this biotech stock.
Something You Still Should Pay Attention ToIt looks like the Death Cross is still on it's way and about to hit right after we rebound so the venture into the 40-46K could reveal to be a very stingy trap.
ETHUSD 2 buy signals incoming for tonight and tomorrow 20MA is very close to crossing 50MA and 100 MA.
The 20 over 50 cross will probably happen during the night (a time which whales like to make moves). That's usually a small buy signal, but given the regain of strength of BTC lately expect anything.
The 20 over 100 probably by tomorrow. This is a bigger buy signal that will probably break us out the wedge finally.
Note that these are bullish scenarios and that you should always prepare for the worst.
Hopefully I'm right :)
Can I dream a bit? ETH ATH breakout possible?If the cross happens at that moment where there is already so much momentum, there is potential for a record shattering ATH. A bit of a wild prediction since 20ma and 50ma's directions are hard to follow. But let's hope I'm right.
ETHUSD Ascending Triangle Bullish Pattern Breakout + Buy SignalHere is my analysis on the 2021-06-06 at 10:40 pm. With the bullish movement, 20ma is bound to correct higher and cross 50ma which if it happens will trigger a strong buy signal. Hopefully I'm right.
Updated TA for BTC USD Trend Bullish or Bearish ScenariosGreen dots: trend if resistance is broken at $36K
Green dashes: trend if resistance not broken at 36K AND base of triangle not passed
Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed
Green circles: Buy signals
Red circles: Sell signals
BTCUSD TA bullish and bearish scenariosGreen dots: trend if resistance is broken at $36K
Green dashes: trend if resistance not broken at 36K AND base of triangle not passed
Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed
Green circles: Buy signals
Red circles: Sell signals
ALGO - Looking For Buy SetupsALGO has made a breakout in price to the upside and is establishing a new ascending support trendline.
Next, I expect a retest to confirm the new support and a rally up to +30%
A buy setup forms if volume and buying pressure picks up at the 50MA.
Let's see what happens!
EGLD up to $300EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase in ELGD's price.
Other bullish signals include the MACD crossing the signal line, as well as the fact that the price has stayed over the 50 day MA for the last week. I would however like to see more volume.
A stop loss would be if EGLD closes the day under the channel
Have fun, trade at your own risk.
Bullflag 6 hour FET/BTC #FET #FetchAI $FETHere we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must retake the 1550 area and break above it . ) You see that purple arrow on the chart ? That points at what appears to be a Bull Flag on the 6 hour timeframe . In between those pink lines. It's a bullish pattern that happens after an uptrend and says we should be seeing more uptrend soon .Also notice we are about to have a Golden Cross on our 50 MA (light blue line ) and our 200 MA ( drk blue line .) That light blue line going up and through the dark blue line is a Golden Cross and it is also Bullish . So to sum up we have 2 bullish patterns happening on this chart and I definitely expect upside though I can't say when , but it seems it will happen soon. I'll link my previous FET charts below but we should see a break towards the 1550 area again sometime soon .
My thoughts on NZD/USDIn my analysis of NZD/USD, this currency pair is moving Bullishly on the Daily Chart. Currently the pair is in area of resistance at price $.72442. If prices breaks above the area of retracement, I forecast price to move up to price $.74282. If price breaks below the area of retracement, I forecast price to move to price $.70684. In my analysis, I used the Fibonacci, the 50 MA and Support/Resistance. OANDA:NZDUSD
#PBR at the lower end of upward channelNYSE:PBR
#PBR is now at the lower end of the channel
Following history of the chart is now set for upside
Managed to close above 50MA
MACD approving level above 0 (bullish)
RSI is gradually increasing
Risk/reward 2.63
Dominating The Market Btc.d #Bitcoin $BTC #BitdHere we see our Bitcoin Dominance chart which today dipped into 51 area ! This is major ! Our expected Altseason won't happen with a high Bitcoin Dominance chart so it's great to see this dipping even lower right now! You can see we are under the daily Ichimoku cloud . We are under both the 50 MA and the 200 MA . And we have hit a TD Sequential 9 in red on this daily chart as well as the 3 day chart . This chart is just red ! And whilst the Dominance of Bitcoin in the market goes down - the rise of Altcoins in the market should continue up , even giving us a bit of Altseason! So this is very Bullish for our Alts . Last Bullrun of late 2017 saw Bitcoin Dominance actually fall to 36 area at end of December 2017/early January 2018 !! That's quite a bit lower even than we are now though there's no guarantee how low it goes . No one can say yet but so far it seems like our altrun will be looking good all year .
LUMEN TECHNOLOGIES - short term reversal NYSE:LUMN
LUMEN TECHNOLOGIES INC (#LUMN)
Good level of support at $ 12.80
MACD sloping up
RSI low with room for upside
A break and close above 50MA might confirm positive momentum
Risk/reward ratio 3.18
Target $14.56
Stop loss $ 12.43
CMCS - looking to break 50MANASDAQ:CMCSA
Pullback from market high
Fibonacci levels identified with strong support at $ 52.44
A break of 50MA would coincides with break of downward trendline
Target $ 56.19
Stop loss $ 52.35
Please Be Calm FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
Parabolic Moves ! FET/BTC #FET #FetchAI $FET Here we see our FET 3 day chart and as you see we broke out last night ! Coming very close , as expected, to our high from last Summer near 1550 .With Mainnet coming in 3 days we seem to be entering into a Parabolic upward movement here .You see where the green arrow is on the chart ? That shows an obvious Kumo Twist on our Ichimoku Cloud - ( also known as a Kumo Breakout ) and it's very Bullish ! . We are also about to have a Golden Cross happen with our light blue 50 MA going to cross up and through our dark blue 200 MA . Next target above us is 3200 - 3420 area ,which is near strong resistance and our .236 fib. I'll link the fib targets in my other chart below . This looks great , extremely bullish chart . Now there can always be some pullback along the way as well as consolidation - I'm not saying we go to 3200 and above tomorrow - but it is definitely looking good for April and beyond !
It's time to ZOOM OUT and get REALPlease have a look at this chart. Scroll all the way back to 1999.
At present day we are very far above the 50d moving average. It's frightening how high we are.
Bearish divergence from Jan 2020 to present day.
Bearish divergence in 2018, leading to a 20% retracement.
Bearish divergence in 2007, leading to the global financial crisis.
Bearish divergence in 1999, leading to the tech/telecom bust.
History will repeat itself, I think. We are currently in a very worrying position. Look at what these bearish divergences have shown in the past. To return to 50d MA levels would mean a 13% correction for S&P 500. If we fall below that, we should start considering a full blown crash/bear market.
Bears Got Smashed By the Musk, He needs Help!My previous prediction was playing out just as I predicted because the trading bots come on everytime BTC dips from a new high and they follow patterns. Heard $1 billion in btc was moved to a Coinbase Custodial Wallet yesterday. Then at 230am this morning I saw the craziest thing I've ever seen. Bitcoin shot off like a rocket from 53k all the way up to 56k smashing the bears. They couldnt handle it. What do you know its our Bitcoin friend Elon Musk . But he needs help. We need to help him drive up over the 50day ema . So lets go and drive this baby to the moon.
Hodl 'til the wheels fall off!
