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Bollingerbandstrategy

Bitcoin Bullish: Phoenix Asc + BBands🐮Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. With a three point analysis today, Bitcoin seems bullish from all perspectives. From a trendline analysis, it seems likely for a weekly close above the immediate resistance zone. From a candlestick analysis, we see a strong week for bulls. Furthermore if we take a look at the Bollinger Bands, we see weekly candle closes way above the basis of the BBands, which indicates a bullish market. And for a final conclusion, we take a look t my favorite technical indicator - the Phoenix Ascending. PA is really a great TA indicator because it contains the RSI, EMA, Momentum and the LSMA (which are all pointing to bullish pressure). Even IF we see consolidation UNDER this zone, in other words sideways trading in a tight range right underneath the turquoise resistance zone , that would still be considered a bullish sing since it indicates that bulls are weakening the resistance zone . _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
37
Bitcoin's Support and Resistance, Navigating the Highs and LowsBitcoin is currently trading at $22,300 area with an RSI of 68.50. The 4-hour timeframe shows that the 0 fibonacci is at 19,549, the 0.5 fibonacci is at 21,105, and the 1 fibonacci is at 22,662. Additionally, the upper Bollinger band is at 22,555, the lower Bollinger band is at 18,900, and the middle Bollinger band is at 20,730. The volume oscillator is -0.70%, MACD is 266, and the stochastic oscillator is at 97. The 4-hour EMA 50 is at 21,456. Bitcoin recently rallied by 10% to reach $22,000. This indicates a bullish sentiment for Bitcoin and the crypto market as a whole. This can be seen in the current price of Bitcoin at $22,500, which is above the 4-hour EMA 50, indicating that the short-term trend is bullish. The FDIC is stepping in for Silicon Valley Bank, which indicates a positive move for the crypto market as it implies more institutional support for cryptocurrencies. This could lead to increased demand for Bitcoin, which may drive the price higher. However, the recent flash spike in the Bitcoin price to $50,000 on Binance, could be a warning sign of the crypto market's volatility. The sudden spike occurred after the USD Coin peg snapped, causing a chain reaction that resulted in a temporary price surge. This event highlights the importance of risk management in cryptocurrency investing. In conclusion, the current price of Bitcoin at $22,500 with bullish sentiment, increased institutional support, and growing adoption of cryptocurrencies are positive indicators for the future of Bitcoin. However, the recent flash spike and the volatile nature of the crypto market require investors to exercise caution and implement risk management strategies Bitcoin's key prices can be used to identify potential entry and exit points for traders. The 4-hour timeframe lower Bollinger band at 18,900 is considered a local support level, while the 4-hour timeframe 0.5 fibonacci at 21,105 is a solid support level that could attract buyers and provide a strong base. On the other hand, the 4-hour timeframe upper Bollinger band at 22,555 is a local resistance level, and the 4-hour timeframe 1 fibonacci at 22,662 is a solid resistance level. Breaking above the resistance levels could indicate strong bullish momentum, while breaking below the support levels could signal a bearish sentiment. It's crucial to note that these key levels are not fixed, and they may change with the market conditions. Therefore, traders should use them as a guide and combine them with other technical indicators and market analysis to make informed trading decisions. If the price breaks below the support levels, it could be a sell signal, while a break above the resistance levels could be a buy signal. Keeping an eye on these key prices can help traders to manage their risk and identify potential trading opportunities.
by MonoCoinSignal
27
AUDNZDHi AUDNZD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
Bitcoin - Phoenix Ascending Points $19KHi Traders, Investors and Speculators of the Charts 📈📉 According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the Bollinger Bands. Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term. However, BTC dropping may not be a bad thing.. for altcoins . Check out this idea: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
20
ETHUSD - Overbought - Bearish DivergenceOn the 4h-timeframe (left chart) chart of Ethereum (ETHUSD) we can see bearish regular divergence has appeared. Divergence is a strong indication that the price will move in the opposite direction. This chart is showing that it is likely for the price to drop. On the 1d-timeframe (right chart) of Ethereum (ETHUSD) we can see an overbought condition. The three indicators are all suggesting this condition and it is likely for the price to drop. The three indicators used are the Bollinger Bands, RSI, and the Stochastics. There are two indications on different timeframes and are complementary to each other and suggest that the price will drop. All further details are shown on the charts. Good luck!
BITSTAMP:ETHUSDShort
by vf_investment
11
Trading Counter Trend GuideAnytime we are taking a trade we're trying to build a case to why it's a good trade. Here the counter trend trader would be thinking: -Price inside 4hr DBR demand zone -Price overextended ridding the bottom of the BB for 10x candles in a row -Stochastic RSI is oversold -Imbalance, correction, imbalance, with potential correction time. -Average Imbalance wave to downside = 4.2% -The average Correction is 3.2% Would I buy straight up? no, but I'm sure some traders might. instead of confirmation IMO is the better play + considering smaller risk + quicker trade management + quicker TP as the trade is aggressive.
CEducation
by MoneyballAustin
Counter Trend TradingAnytime we are taking a trade we're trying to build a case to why it's a good trade. Here the counter-trend trader would be thinking: -Price inside 4hr DBR demand zone -Price overextended ridding the bottom of the BB for 10x candles in a row -Stochastic RSI is oversold -Imbalance, correction, imbalance, with potential correction time. Average Imbalance wave to downside = 4.2% The average Correction is 3.2% Would I buy straight up? no, but I'm sure some traders might. instead of confirmation IMO is the better play + considering smaller risk + quicker trade management + quicker TP as the trade is aggressive.
C
by MoneyballAustin
BTCUSDT - Phoenix Ascending Points to $22KHi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 By using two trusted technical indicators together, were able to get a near term price target for BTC : $22K. When used correctly, Bollinger Bands in conjunction with Phoenix Ascending can provide a highly accurate price target. From these two indicators it seems that Bitcoin may soon attempt resistance zone $22K. The ultimate question though, is if we will be able to CLOSE above this zone or if it would just be a wick, hunting for stop loses. Want to know which altcoins you should be watching closely AND why ? Take a look here: 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
ETHUSDT - SHORT to $950, Then LONG📉Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 The markets are overwhelmingly bearish, with talks of global recessions imminent. From a candlestick analysis, we see a double top formed on Ethereum from the weekly timeframe. We have already tested the support zone of the lower turquoise Bollinger bands, finding insufficient buying pressure and the sellers took control of this zone. This means the price will drop lower to find a demand zone where the price can bounce. A likely target is halfway between the Turquoise and Orange Bollinger band, around $950. This could make for an excellent swing trade, short to $950 and then Long on the support zone up to $1100 area, which will then be the new resistance zone. On the technical indicators, the EMA points to an overwhelmingly bearish short term, so a flash crash could be on the cards soon. The RSI is also bearish, with a value of 30 and dropping on the weekly. It was hard to label this post "long" or "short" because there is an opportunity to do both within the coming weeks. Interested in ADAUSDT? Check out this idea : I hope you enjoyed this post today! Please give us a thumbs up 👌 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
31
'AMZN' what happened now? Hello friends ! Today we will see AMZN So far we have protests, epidemics, interest rates and other things that are telling us not to invest anywhere. I agree with everything!! let's get some trades though and leave the future to the wizards the stock seems to want to climb up again, although will meet some resistance at first because of the holidays .. I think we will have a rise and then it will fall again. Let's see! This will be a Christmas present.. If you liked this idea or if you have your own opinion about it, write in the comments. Thanks for reading!
NASDAQ:AMZNLong
by GP101
4
SPY Iron Condor SetupUndecided whether to be long or short this market? The weekly Bollinger Bands indicated that we are smack dab in the middle of a range-bound stock market. Inflation based on today's CPI indicated that the rate of inflation change is slowing. Talk is now on when will the Fed pivot? Probably more fireworks tomorrow when the Fed takes action and "speaks". The Bollinger Bands indicate an overbought level at 435 and oversold at 340. A five point credit spread on each side out to March brings in $1,80. Filled at 181. Should SPY close somewhere in the middle come March 17, the play brings in $60/month while risking $320. Filled at $1,81
AMEX:SPYLong
by AssetDesign
How Bollinger Bands work and their best parametersJust a reminder... A Bollinger Band resembles a moving cylinder with three lines. A top, middle and bottom line. These three lines are plotted on any chart and you’ll see the price of the markets moving in-between these levels. When the price crossed above the middle line, the trend is up. When price moves and stays below the middle line, the trend is down. There are three parts to the Bollinger Bands. Upper, Middle and Lower Bollinger Band. Here are my parameters… The length (20) , shows you the Moving Average of the Middle Bollinger Band. Which in this case is 20 MA and is shown in the chart as the orange line… The Source tells us we are using closing prices in the chart… That means, when the JSE All Share Index closes for the day – that is the closing price that will be used for the BB. StdDev is 2… Bollinger Bands are envelopes that base a Standard Deviation above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, that’s why we are able to see a symmetrical envelope around the price… Most Bollinger Bands parameters are set to 20MA and 2 Standard Deviations on most charting platforms. But now you know what to set it to, to maximise your usage... If you have any questions about indicators feel free to ask. I've been in the markets since 2003 and enjoy sharing information... Trade well, live free. Timon MATI Trader
TVC:SA40Education
by Timonrosso
3
TUBE INVESTMENTS OF INDIA LTD - Multiple Indicators📊 Script: TIINDIA (TUBE INVESTMENTS OF INDIA LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY MIDCAP / NIFTY AUTO / NIFTY 500 📊 Sector: Consumer Discretionary - Automobile and Auto Components 📊 Industry: Auto Components - Auto Components & Equipment's Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and going to give breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price. 📈 Current RSI is around 67. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2933 🟢 Target 🎯🏆 - 3272 ⚠️ Stoploss ☠️🚫 - 2758 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:TIINDIALong
by radha_23
1
DCB BANK LTDThis stock has been formed like rounding bottom chart pattern and done breakout with good intensity of volume in weekly chart, along with many more positive signs aligned with same bias in Macd, Rsi, Dmi adx, Bollinger band etc. This whole scenario is suggesting that this stock could be an investment pick, all the key levels are mentioned in chart with Stop-loss and Targets. Breakout with good intensity of volume in daily Breakout with good intensity of volume in weekly Dmi adx also positive RK momentum positive Macd in daily positive crossover and Uptick and also above zero Macd in weekly positive crossover and Uptick and also above zero line Rsi in daily above 60 uptick Rsi in weekly uptick and above 60 Weekly BBC along with trendline breakout Daily BBC Most traders treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you....! Disclaimer I am not sebi registered analyst My studies are for Educational purpose only Please consult your Financial advisor before trading or investing I am not responsible for any kind of profit or loss
NSE:DCBBANKLong
by RK_Chaarts
ETH Breaks Through Resistance! What's Next?In this post I'm going to cover important support/resistance levels on Ethereum and where I think we're going from here. As you can see from our last post, ETH rejected perfectly off of the 1229 level and hit our support of 1150 to the tee on Nov 28th! Since then, it's been on a steady uptrend and recently broke that 1229 level and exploded to 1300! The next big resistance I'm looking at is 1367. This was the previous resistance for most of Oct and I can see us rejecting there at least once. Right now we can see the Wave Fusion indicator flashed two Blood Moons which took us from 1315 to 1280. Right now I'm looking at 1274 as being the micro support on the hourly as it also coincides with the trendline support. If that breaks, I'm looking at 1229 to act as our new MAJOR support as it was resistance 3 times in the past week. If we end up breaking that, then I'm afraid we could go all the way down to 1150 again. I'm waiting for a buy signal on Wave Fusion before pulling the trigger but closely watching the three support levels mentioned above. If you have any questions on my technical analysis or indicators used, please leave a comment below or send me a PM :) Thanks for reading!
Long
by CryptoScripts
4
Bitcoin - 🎯 Phoenix Ascending & BBandsHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Bitcoin just closed another weekly candle and the price is currently stabilizing on support zone of $16000. By using two technical indicators together, we can determine which directions most likely next, bullish or bearish. The Bollinger Bands together with Phoenix Ascending also gives a potential specific price target that can likely be anticipated next. Interested in XRPUSDT and other alts? Check out this idea 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
33