Oscilator Williams R% in ETHUSDIn the Following chart we can see the potential of williams R% and how it works on the market.
Each time the line below on the williams R% reaches the top or bottom (-20 =-80) we can say its the beggingin of a change of the trend because of the overselling or overbuying price of the market.
As you can see every time the price touches the lower band of the Williams R% we can say that the cripto currency is oversold and hope for a trend change.
As well as if the price touches the highest part which is -20 we can say that the crypto currency is overbought.
Each time that the R% shows us that is touching either side at its maximum we can tell if the market is being overselling or overbuying the crypto currency.
Depending on the chart and the R% we can place orders keeping in mind that is not necessarily have to touch and instantaneously change the trend.
Bill Williams Indicators
Williams R% indicator on COSTThe Williams R% makes the read of the trend line changes easier. This chart for example, demonstrates that each time the indicator goes over the top in whichever direction it follows, a change of the trend line may occur.
Here, in point A goes from a upper trend followed by the indicator to a down trend immediately the R% shows that the trend changes is happening. The moment the R% shows that the trend is followed then we can place our order.
ETH for the Next Couple DaysHi everyone,
Taking a bit of a guess right now that ETHUSD is forming a bearish diamond diametric, where we currently are beginning Wave-E, taking us upwards again of $190, but likely not higher than $195.
If this in the case, it will take a couple days for this to play out, and then will be followed by a more sizeable downmove, so it's still looking overall bearish for ETHUSD.
Not financial advice.
Will the snake fall off from the rope?Hello Traders!
Decisive moment for the Bitcoin or long time of accumulation?
Looking for final confirmations short/long:
Price: defend or brake the upward trend line
DMI - ADX boost needed for declare movement direction
BB - squeeze break needed
AE - momentum increase needed
Alligator - ready for eating some candlesticks after defend or brake the upward trend line
Roger out.
It's getting HOT in here!Hello Traders!
HOLO is almost ready to take off...
Looking for final confirmations:
DMI - positive cross
AE - positive side green bar
Alligator - ready for eating some candlesticks
Fractal - above the Jaw
Roger out.
Presentation of variations of the Awesome OscillatorHi,
I'd like to present some variations i've made of the Awesome Oscillator. FIrst of all, i'd like to remind you what is the Awesome Oscillator :
"The Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals."
Here we have a chart of the FX:EURUSD .
There are three indicators on this chart :
- The first one is the conventional Awesome Oscillator.
- The second one is the Awesome Oscillator with EMA. I simply replaced SMA by EMA in the calculus and added, as an option, smoothing with a variable period. It reduces greatly lags and is more efficient when the price moves big.
- The third one is again the Awesome Oscillator, but with a Hull Moving Average. It gives the indicator way more precision about the trend. I added smoothing as an option too.
XMRUSDTXMR is out of clouds.
Lets hope to fly.
1st Resistance: 83.08
2nd Resistance: 84.01
3rd Resistance: 85.56
Grin on your face GRIN-BTCGRIN-BTC looks to close above conversion line (blue) for the first time on weekly timeframe...
Which gives a nice bullish signal and a grin on your face after a long downward trend since February '19: the signal is confirmed on the weekly close 00:00 Monday, June 17th.
Basically, it means buy on the week's close if and only if price is above 0.00040961.
The Parabolic SAR switches for this week's candle. Gives an entry signal to go long. Exit long position in GRIN-BTC if and only if the Parabolic SAR switches to below the price action.
Market Facilitation Index - Green this week + last week = Go! = get in and go with the flow.
Divergence in volume and price action. Volume on Bittrex exchange is higher than in the last week of March, however, the price is lower than it was in late March. We should see price action follow volume in the next weeks and push higher toward, or beyond, the fractal at 0.00091615.
MATIC / USDT- Confirmed trend change on the 12H
- Created a new up fractal there, which if we'll brake we'll make higher high
- Alligator is hungry on 12h
- Zoomed in on the 4h; placed some buy orders above that high
- Initial stop below down fractal