ADX
GBPAUD Sell to Monthly Support at 1.73007/28 Bulls have made a short push up to the .382 level and the StochRSI shows that the move is extended I am looking for a rejection of the 1.7900 which would make it past support turned future resistance to sell zone to the 1.7300 area which is the monthly resistance area (Green) Stop would be above resistance area at 1.8000 giving great risk to reward value if rejection area holds.
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
$LTC Litecoin Halving Soon! - Support Found (Consolidating) The way the chart is setting up with the ADX printing a scene of consolidation and the RSI still inside a bullish zone nearing support, the bulls just might win this out.
There are 3 key levels of support where buyers should be found. The 55-EMA, the bullish trend line, and the 61.8% level (just underneath)
I can see buyers gathering here as the RSI tests support and holds too.
Would like to see the 55-EMA break for another inflection point as the RSI moves into bearish territory before exiting longs.
Not financial advice, but I am buying here with protective stops under the critical support levels.
Happy Trading!
Fibo!
GBP/CHF Reversal At Major Support Price is currently at Major support at 1.2284. TDI and ADX showing very clear signs of reversal just got to wait for aroon to confirm. Target is at resistance trend line. There will be a update of this pair so please can you give me a follow. I will also be posting more awesome trade opportunities just like this one.
EURCHF Short Updated If you have not seen the EURCHF Short that I posted a week ago here is the updated the momentum is starting to come in with the ADX above the trend number I am looking to SELL to the daily D ext at .9700 with USD weakness.
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
FACEBOOK! it aint prettyWelcome to this quick TA on Faecbook
Quick look on the following indicators:
- MACD appears to be rolling over (bearish)
- ADX momentum coming in (>20), DI- crossing over (bearish)
- MA downward crossover (bearish)
We observe a large channel in formation indicating a commencement of a downtrend, with lower high printed at the big even of $200. Failing at this level, we see that an accurate pullback in accordance to a 50% Fib retracement to $160. The latest candle however seems weak bearish action given the length of the wick, regardless this may be indicative of a dead cat bounce at the expected 50% Fib range. We may see a short term recovery, but the next level target in the coming months would range around the $150 level / 200MA / 38% Fib range.
However, if we do see a clear breakout to the upside from the 100MA (in orange), price may retest the upper band of the descending channel.
EURCHF SELL down to 1.1000 The have been weak since last week early week rally, the and has rejected the 1.1200 level again making Past support turn into future resistance. There was a lovely evening star formation last week and it seem to be holding. This gives you an opportunity to SELL down to 1.100 with relatively no past points pf support until that level. If you want to confirm the trade more wait until the close of the daily candle if you are conservative.
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW buttom. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
$ADX Breaking from descending trendline with increasing volume..$ADX Breaking from descending trendline with increasing volume...
Consolidating at resistance with many attempts to break above
As always wait for flip over resistance // Volume for confirmation
UCTS was flashing a buy signal a few hours ago...
#ADX
Fib Level Finds Key Support for $BTC - $10K in SIGHT!The price dropped from the 9K highs to find support at the 61.8% Fibonacci retracement level around $7500.
The directional index lines did cross but on falling momentum. This is a picture of a bearish correction in an overall bullish market, so the support on the price chart should hold and so far it has bounced.
The RSI also dropped, but still remains well inside the bullish zone.
The blue bullish trend line on the chart is our guide of support as we move higher and bring $10K back into our sights! The highlighted triangle is where price should trade int he coming weeks.
Watch trend line support to hold and previous highs to be re-examined and then new highs to follow.
$10K! Happy Trading!
Fibo
All things point to yess on this pair!All things looking bullish on this pair of ONT / BTC we have a confirmation of a cloud break on the 1-5 minute charts as wells as a positive ADX and Aroon on everything from the 1 minute to the 4 hour charts, as well as things looking bullish for the 1 hour 2 hour and 4 hour.. When looking at the 1 minute we have a Cloud Break, A TK Cross over, Positive Thinning (not thickening Cloud build up) for an indication of a continuous uptrend and it not fattening and stalling out.. So I would bet all things continue to look good on this throughput the upcoming day!
Good luck everyone!
Re-test of ATH is coming ... Future is bright for $BTC!I covered this chart in a video the other day to explain the internals of what was happening during the accumulation phases prior to the halving events. Go watch for more explanation!
The vertical lines are the halving points on this weekly $BTC chart.
The 55-EMA is a critical support line to watch in the coming weeks to months, and the 21-EMA about to cross the 55-EMA is a nice signal that we are on the right track and the bulls are in control of the primary trend.
That track is a continuation of the bull trend to reach the previous ATH in the coming months 19K+ and I would not be surprised if we do not test near the 20K level this year and even reach 24K at the time of the next having in 2020.
The market is set up to buy on dips toward the 55-EMA and this will be the critical support level I will be following here. This time around we might not even dip far enough on a throwback to the 55-EMA so I like buying interest to show up in the low $7K level and to hold (we will see)
The ADX is primed, the RSI is fluctuating in a new bull zone and the MA crossovers are working in nice timing.
I continue to buy on dips, but not financial advice, just sharing my charting views because I am excited that the future is so bright I am wearing shades as I type this out... hahaha!
Happy trading!
Fibo
$ADX, pushing against resistance at last known ATL BTC level$ADX Very similar to other alts, pushing against resistance at last known ATL BTC level
A little overcrowded with resistances, I would wait a break over 2400sats to think getting a position...
For now volume seems low & descending trendline didnt break
Set alerts and wait
#ADX
ADX is bullish in short-term, time to grab some.BINANCE:ADXBTC
ADX runs in a parallel channel, heads to first Fibonacci resistance at around 2100 satoshi. A minor pull back is expected before another bull run takes place.
Buy zone and targets are as shown on chart. ADX should hold parallel channel to keep uptrend, the stop level should be place below 1860 satoshi.
S&P 500: Headed lower?Since this "miracle" rally began after Christmas, many investors have wondered when shorting seems like an option. In my opinion that time has pretty much arrived. Of course during this rally there were some small short opportunities but then again trading against the trend can be tricky and costly aka "The trend is your friend".
On the other hand we have of course the full saying "The trend is your friend until the end when it bends". In my opinion that bending has pretty much started.
As seen in the chart after the new ATH it started a decent, making the DMI's cross and tipping the SAR in "reverse". Now the SAR isnt always perfect so generally I wait a few days for confirmation just like the ADX/DMI because technically the ADX needs to be above 20 to be "trending".
After a few days it dipped below the Wilder's MA and staying below that even after a short "bull" move. In the same period the DMI- showed that negative pressure still had the high ground even after a couple green candles.
Now that the ADX line reset itself I think we can see the start of a new trend more clearly.
First of all a break through the 2800-2820 zone would be best since that this area has some history of being a "sup/res" point. After that is completed I expect it to drop about a 100 points tot the 2700-2720 area. That would be more a psychological barrier but has some ground as support. Finish that I think a target at 2600 would be reasonable.
Any questions or comments feel free to do so. Please keep it civil!
Other than that I wish you Happy Trading.
Disclaimer: Use this analyses however you want, but don't come knocking on my door for your losses. Trading this would be your own risk and I'm not obligated to take responsibility for that.