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Bolingerbands

CHZUSDT Mountain Ranges Hi there, So what we have here is a series of mountains connected to high ground. it seems that the market has stopped for a while and we have neither up or down anything significant. this particular crypto CHZ should first break 0.1163 and 0.1269 stay in the purple area and then go higher so we can see highs with confirmation otherwise we will see even more up and down without any specific image. About the path he wants to follow this seems to exist in the market of course this happen in all cryptos. I advise you to do nothing! read any book watch any movie take a walk spend time with your loved ones. When this happens in the market we usually have a breakout, I believe it will be bullish because we have already lost huge percentages. now, when will this happen? we will see it in a short time, days or months maybe.. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. don't forget to follow me for more news and updates. Thanks for reading!
by GP101
Bolinger Bands + EMA added to SSL = !!!So I've been using a few Bolinger + EMA indicators and SSL Hybrid/Non for a while now. No specific one, as there are quite a few versions available from TradingViews list of resources. Today I just happened to decide to see what would happen if I combined these indicators and do some strategy testing and play around with a few settings... well, here's the outcome. So far I've noticed better results on 1hour charts but this is just with LTCUSD (just happened to be on this chart when I started doing this so theres no specific reason I chose LTC) From what I can see though, if you select the SSL Baseline as the strategies main resource for it's calculations from the strategies settings, it's pretty difficult to get a negative result... making this a rather easily profitable blend of indicators combined into 1 neat strategy with few settings have to mess with. Let me know what you think and if this has been done in another strategy or indicator set that I don't know of yet?
COINBASE:LTCUSD
by Y2K_B
DAX Long Setup - Are The Bulls Back? I am looking at trading the DAX today on the 4-hour time frame. Yesterday, we saw a major drop from the top of the daily resistance level. Price dropped around 2.5%. As we are still trending upwards and making higher highs and higher lows, we are now looking for an opportunity to go long. I have been testing a new strategy involving Bolinger bands, a fib retracement which I use to find my entry, and a fib extension which I use to find my targets. This might be a great time to test it out in a live market. THE LONG SETUP I like to wait for the price to pierce the bottom of the Bollinger bands. Once I see that price has pierced it, I then look for some sort of reversal candle. Something like a DOJI candle. If I see this, I then wait for the next candle to be a bullish engulfing candle, confirming that bulls are indeed buying in this area. Once this 4-hour engulfing candle closes, I throw on the fib retracement tool from the bottom of the engulfing candle to the top. I wait for the price to retrace back to the 0.236 level. This will become my entry zone. Once the price retraces to this level, this is where I will go long. I then put on the fib extension tool. This tool has three clicks. The first click is at the bottom of the engulfing candle, the second click is at the top of the engulfing candle. The third and last click is just a horizontal extension of the second click moved out to the right so we can see the levels. Now normally, these two levels that appear on the chart can be used for two possible targets. However, I like to use the middle Bollinger band as a guide for a target as well as the top of the Bolinger bands. But, we need to get a minimum of a one to two risk to reward. If the top level coincides with the 1.618 fib level, then that’s perfect confluence. I normally place my stop a few pips below the bottom of the engulfing candle. Now, I do not like pin-pointing bottoms. This is why this strategy needs to be trend following. The engulfing candle helps confirm that the bulls are still intact. I would also like to see the engulfing candle close above the yellow resistance zone, although it doesn’t have to. However, if it does, this will show even further confluence to this setup. As I write this, the current 4-hour candle has around 50 minutes left until it closes. Let's watch and see what happens with this. Hope you all have a good Thursday. See you all on the next one. The Vortex Trader.
OANDA:DE30EURLong
by TheVortexTrader
ADA - what to keep an eye onLet’s have look at the Daily Chart for ADA. The Bollinger Bands are showing that Volatility is slowing, because the Lower Band is starting to turn inwards. The RSI is indicating Sideways Momentum in the overbought area, again that doesn’t mean ADA will come crashing down as it could continue moving sideways in that area. The ADX (Yellow Line) is at 46.9 and well above its 10 Period SMA which is at 29.2. The +DI (Green Line) is at 31.3 & above the -DI (Red Line) which is at 3.1 indicating we are still in a long-term uptrend. All of the Ichimoku Cloud System (Kumo) indicators are also indicating Sideways momentum in the Bullish Zone. At the moment ADA is bouncing between it 10EMA and 50EMA on the 1hr chart, ideally, we want to stay above the 50EMA on the 1hr. But the Q is, if ADA does drop, where could it drop to? If ADA does break below its 50EMA on the 1hr and if the 100EMA also fails on the 1hr chart, then ADA could drop to its 8EMA on the daily, if that failed, then it could drop to its Conversion Line (Tenkan Sen) which is also where is 10EMA is roughly located which is roughly where its 200EMA on the 1hr chart is located. I say roughly because EMAs & the Conversion Line (Tenkan Sen) will adjust if the price is going up or down. That level is also where its Pitchfork Hagopian Line is running through so that is a real key area on the daily. What hasn’t been helping, is that a lot people are exchanging their ADA for BTC. A worse case scenario, hypothetically speaking of course, if ADA does have a bad crash, ideally we want to stay above and find strong support above the Bollinger Bands Middle Band Basis on the daily chart. But if we do drop, i think it will only be to the Conversion Line (Tenkan Sen) on the daily so around $5.8 - $5.5 but again this is hypothetically speaking. I personally believe that a drop to the 8EMA, 10EMA or Conversion Line (Tenkan Sen) level on the daily, wouldn’t actually be a bad thing as it would allow people to buy at lower prices and also help with consolidation before the next leg up, but at the moment it looks like ADA will continue trading sideways above the 50EMA on the 1hr until the majority of people get board with BTC. So, key things to watch out for are, if ADA closes BELOW its 50EMA on the 1hr chart, & if ADA closes a 1 day candle ABOVE its Pitchfork Median Line on the daily chart. Remember that ADA is still in a longterm uptrend and needs to drop a long way to reverse that, we have the Goguen Update in March which will enable ADA to fully compete with Ethereum’s DeFi market, so the way i see it, if ADA does dip, use it as an opportunity to accumulate more at a cheaper price 👍. I hope this is helpful 🙏
BINANCE:ADAUSD
by entertheroach
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