Breadth Indicators
BTC in transitional phase BINANCE:BTCUSDT is beginning to enter a transitionary phase that could likely break the counter-cycle seen since the sell and buy walls created. Created this obvious barrier between both bull and bear with the clear and definitive prints. This is not a confirmation as of yet, though, something to keep an eye on if bulls can break the counter and go into transition to an initial upcycle. Which, for the case of all bulls; will need strong signal weight and momentum to successfully breakthrough.
Trader be warned; do not enter unless you know your exits/stopsBINANCE:MATICBTC is clearly giving that look again; one that looks as if the bots/HFTs are accumulating even more than before. Quite frankly, its the time now and Sandeep (MATIC CEO ) has left some whales beached; sand-deep in holding bags that could not support the liquidity. Due to numerous and massive nulls/voids left in the last "pump & dump." This group is reckless, just by the way they ran up the prints. Crypto for you, millionaires that have yet to figure it out; or have a clue. I do not recommend this trade to anyone unless you are a professional trader. Retail traders are to be warned; if you do not understand what selling into liquidity means. Do not, and I repeat; do not enter this trade. Greed will overcome many with these types of "hype" coins. The fundamentals have existed for at least 2 full years and the promise to "revolutionize" the competition. Would be your effort in saving a beached crypto-baby whale; Sand-deep taking your capital in funding their wallet with the liquidity they need to fill.
Will SPY H&S & Make Another Lower Low?If SPY fails to push higher over the next couple of days, it will look like a Head and Shoulders (H&S) pattern. That could signal a directional move downwards is in the works (red arrow). In case this warning is correct and it makes another lower low (dotted line), traders will be estimating the potential profit and stop-loss probabilities for a complex bounce off of previous support and resistance (green arrow).
This probability discussion is for educational, speculative, or informational use only. It does not constitute investment advice.
INSANE Bitmex Automated Strategy! 80%+ WINRATEHello!
Cyatophilum here with another automated strategy, this time for BITMEX:XBTUSD in 15m timeframe.
Backtest results below.
The idea is to use Bollinger Bands with the Stoch RS I as a base combo, when the price breaks through a band and the oscillator is overbought/oversold.
On top of that, filter the entries using a simple 200 bars SMA . Meaning we only trade long while being bullish, and vice versa.
In this strategy there is a trailing stop loss and also a trailing take profit , for these small but important additional profits and security.
For those using the Cyatophilum Ultimate Trading Bot , here are the settings for this strategy.
I hope you like the strategy, feedback is appreciated as always.
Get the Cyatophilum Ultimate Trading Bot using the links below!
Short/Mid/Long EOSUSD CONSOLIDATION IN EFFECT
TP1 $3.54
TP2 $3.67
Stop @ $3.54
Given current volatility, it should go w/o saying that stop losses (as always) should be set first.
Like many other alts we are seeing some serious volume buildup again this time on EOSUSDC and now with another shortsell in scope lies another opportunity for entry to TP.
Pairs equally with BTC & ETH as all 3 prospects seem bullish yet always set stop losses and don’t pivot from fiat currency to maximize ROI and mitigate risk for loss.
Disclaimer
Not financial advise
-@a1mTarabichi
Cyrpto market cap downtrend resumed, clearly bear dominatesThe market cap of the whole crypto-asset topped out at the end of June 2019, reaching 370 billion dollars. However, in the coming month, market cap contracts significantly, steadily declining to 215 billion dollars for the moment.
More interesting is that even the sharp rise at the end of October, when Bitcoin breaks out above benchmark 10,000 $, doesn't change the downtrend in market cap since the market cap doesn't make a high transcending the high of September.
100, 200 Moving average, which depicts the overall market trend, is in a clear downtrend. Look like 200 billion dollar market cap is an important threshold. We are still in a bear market, before any major steep drop, assuming the current trend will continue is the most tenable action for traders who are still active in the market.
NYSE AD Line Positive Divergence Means New High for S&P 500 DJIAI don't usually pay much attention to the NYSE Advance/Decline line, but right now I am. It is doing something very rare. It is creating a positive divergence with the S&P 500 and Dow Jones Industrial Average indexes. If you are not sure what this indicator is, or what positive divergence is, please ask.
When the NYSE AD line makes a new high the index tends to follow nearly all of the time. A positive divergence like this has only occurred 5 times in a correction (not including bear markets) since 1940! All 5 times the index has made a new high inside of 5 months, and 4 out of 5 times inside three months. The positive divergence became apparent about three weeks ago...so the signal suggests a new high inside of the next two months for the indexes.
If we include bear markets (the big market declines) positive divergences in the NYSE AD line have produced major new swing highs in the index 9 out of 10 times since 1940, although due to the magnitude of the drop the price has to recover from, it typically takes about 6 months for the index to record a new major swing high again (major swing highs are used instead of all-time highs, in this case, because it took nearly 3 decades to fully recover from the 1929 crash).
Positive divergence on the AD line (compared to the S&P 500 or Dow) is rare. It has a good track record, so it is worth paying attention to when it occurs. This time could be different. We shall see.
Lowry Research has loads of information on the AD line, it's historical significance, and multiple ways to use it.
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Roku's Fibonacci drop analysisTechnical analysis
OBV keeps a steady uptrend, surprisingly... Since its price has dropped about 40%.
Fibonacci retracement has its 61.8% line at $102.
We are at a SMA(100) support.
Market moving out of growth, into value.
Moving market news
Pivotal research downgrades to $60 (SELL).
Comcast (CMCSA) is gifting its streaming box, it was selling it before at $5.
Note
* Keeping a tight stop limit, there is a great risk reward ratio.
Ichimoku Sell SignalAt The Time of H1 We Have a Distance Between Two Lines Tenkan-sen And Kijun-sen , Distance By Line Kijun-sen Is Covered , After The Cover Price Towards Straight line Kijun-sen line Or %50 Fibonacci Area And Most Likely To Price Channel Support Collision Does .
Stop loss: 1.11032 , 36 pip
Open: 1.10673
Take profit : 1.10066 , 61 pip
End