AMC break out on the BOLL AMC has been getting lot of momentum and is still on the upper BOLL opening today. We could see a move over the BOLL and recent highs into the last supper area we had. Roughly %30 to that area. With the MACD still under on the 1D it could get that 30% in this 1D candle to keep the momentum
Bollingerbandstrategy
NATGAS - Has it stopped? Let's see how NATGAS is behaving.
This is a 1D chart. (Long Term)
Any news on how the US will get a new connection as a replacement of Russia can affect the prices and cause significant changes.
However, while nothing special is going on and the market is on its sideway moves, these three levels are the key areas for now.
Fib Retracement levels show two support areas and two resistance areas on the way up. Right now, the price is sitting on local support.
Support levels: $3.85 - $4.52
Resistance Area: $5.17
Bollinger Bands can work as support and resistance too. Here is an example:
The resistance level pushes down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that NATGAS is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.66
Let me know your ideas.
Good luck.
DOGE - 4H Timeframe (Updated) ✅Let's see how DOGE is behaving.
This is a 4H chart.
The Fib retracement shows that price has moved to the resistance areas. There are two resistance levels on the way up, and now we're trying to pass them. RSI isn't as overbought as Bitcoin, so we might still have a chance to see higher numbers.
Support levels: $0.1215 - $0.1300
Resistance Area: $0.1397 - $0.1729
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Higher Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1365
Let me know your ideas.
Good luck.
DOGE - Still in downtrend ⚠️Let's see how DOGE is behaving.
This is a 4H chart. (Valid Mid-Term)
The Fib retracement shows that price has found support, and now it's fighting the local resistance.
Support levels: $0.1095
Resistance Area: $0.1298 - $0.1553
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1277
Let me know your ideas.
Good luck.
DOGE - Outlook ⚠️Let's see how DOGE is behaving.
This is a 1D chart.
The Fib retracement shows that the price is in a downtrend channel and there are two support areas on the way down.
Support levels: $0.0870 - $0.1205
Resistance Area: $0.1458 - $0.1723
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1404
Let me know your ideas.
Good luck.
BTC - Outlook ⚠️Let's see how BTC is behaving.
This is a 1D chart.
The Fib retracement shows that the price has dumped, and now it's going to the first support area. If it doesn't recover there, it'll dump down to a downtrend channel.
Support levels: $33000 - $39300
Resistance Area: $45650
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for BTC.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that BTC is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $40210
Let me know your ideas.
Good luck.
Bitcoin - Happy Valentine's Day ❤️Happy Valentine's Day ❤️
Let's see how BTC is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has been and still is consolidating. We are building good support.
Support levels: $41600 - $42200
Resistance Area: $42800 - $43500
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing NEUTRAL volumes for BTC.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that BTC is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $42600
Let me know your ideas.
Good luck.
BTC - Daily ChartLet's see how BTC is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is getting rejected by the local resistance area.
The market is showing SELL volumes for BTC.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push up the value, and the lower band can hold the price.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that BTC is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $46581
Let me know your ideas.
Good luck.
BTC's price still roaming between 56k & 58k, Important zone. Since we reached 69k, the price seems to be under a small downtrend. I know this doesn't change the bullish tendency.
It feels like Mr. Jerome Powell's speech has been translated into a slow down for BTC, and it couldn't jet find his way out and get back to that comfortable 60k again. I HOPE we see that ASAP.
I would love to see BTC get close to the MA50 and on and on and on...
BNB Recovers from Omicron Covid DropBNB seems to be recovering from the previous devastating drop caused by the Omicron Covid fear. It's been 4 candles of 4h, total of 16 hours, above the weighted Bollinger Bands and above the $604 S/R. Also, it's almost the end of November. Everybody seems to be hoping that December will be the time the overall crypto market mooning. As a major crypto, I expect BNB could "lead" the others.
ES E-mini S&P Trade Plan 11/29-12/3In this video I show how I am using a previous price pattern that I have seen in ES multiple times this year alongside 10, 20 day SMA, Bollinger Bands and my indicator Beacon (which is free for everyone on TradingView) for this weeks trade plan. As of right now I am neutral because I have to see how things play out the next day or two, but by mid-week I should know if I want to be playing the long or short side. Once I see what happens based off this weeks trade plan I think this signal could set the tone for the rest of the trading year.
BNB is Leading the Crypto Market to MoonAs mentioned yesterday, BNB has broken the $604 S/R on 4h chart. It's been 3 candles, so it might be safe to assume that it's not a false breakout. BNB seems like to be heading to the bullish zone. Will this move marks a reversal for the crypto market in general to the bullish trend?
ETH Refuses to Enter Bullish TrendETH is moving below the weighted Bollinger Bands again, erasing the small bullish movement yesterday. Yesterday could be considered as a retracement for short sellers. However, as long as ETH is above the 40k price, the general sentiment is quite bullish. Breaking below the the 40k will confirm the bearish wave of the bands.
SHIB - Trade Alert❗️Hi boys and girls!
Welcome back to another analysis. We're going to get straight to the point so let's begin. We can see that SHIB is trading in a symmetrical triangle. The price can go 2 ways. Either it breaks out to the upside or the downside.
So what do we see on the chart:
- We see a symmetrical triangle
- Bollinger Bands are shrinking = potential explosive move in the future
- Volume is decreasing = potential explosive move in the future
- SHIB is still trading below the 50 EMA. If the price begins to trade above the 50 EMA, this would be a very bullish sign.
What about the targets:
- First target is around 22% ($0.00006285)
- Second target is around 49% ($0.00007667)
- Third target is around 70% ($0.00008673)
BONUS:
- BTC is showing more strength. It also broke out of the range.
Conclusion:
We will wait and see where the price will break out. If the price breaks out to the upside, then we can potentially go long. If the price breaks out to the downside, then we can go short. Either way, we make money.
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NZDUSD Sell Breakout Bollinger Band Bounce With a set of Bollinger Bands with the Settings of
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!
Russell 2000 Futures Headed To 2668?Exactly one year ago this month the Russell 2000 broke out to new highs and many were calling it the November to Remember as the RTY had an all-time record 18.4% monthly total return This November the Russell 2000 is also breaking out to new highs and on my strategy the look is exactly the same as last year. Will this be another November to remember? I think so, but I don't think it will be an 18.4% rally like last year. I do think that the RTY could rally 10% and look to test 2668 before the end of the year. I use Bollinger Bands with 20 period, 3 standard deviation settings along with a simple 10 period simple moving average on a weekly, daily and 60 min charts as my strategy for this long swing trade.