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Bulls Power

GANN THEORY Strategize UPDATEWanted to post a couple of pictures about editing and cleaning up the strategy and make it more SIMPLE to understand the thought process of behind it. I had to Remove a couple of indicators names CM_SLINGSHOT and DREADBLITZ DRSI from the indicator am replacing these indicators w/ a 100 (p) exponential moving average to filter weather we should go long or short. Adding the Bull vs Bear Power by DGT. setting i have on this indicator is 13 check SUM, histogram, 1 smoothing, 0 recall, drop-down box to LEAST. 'This indicator and the CM_ULTIMATE_RSI MULTI TIME FRAME by Chris Moody works very harmoniously together. The following pictures will explain why. Also the alert can be set on the 70 30 lines of the RSI. this picture shows the BULL vs BEAR POWER telling us the trend so we know what direction we should DIRECT it outwards to 'Project.' based on the Direction of the trend on the Daily we alerts on the 70 30 lines of the RSI. and the 2 GANN-Fib lines ' usually its the .618 and .75 lines. (yes i rename my ALERTS as 70 30 and GANN FIB ALERT) easy tooltip to reference you already know what your looking at when you set something to crossing. i want to be sure to look at the Right thing when i get to the chart. '' focus '' type strategy. example of one of my favorite trades to take with GANN---- its a RISK off (means if it goes the other way you only loosing a small fraction of profit.) But if it goes well like the example it can give 28 risk reward ratio. The second trade that is using the MTF_RSI, support resistance MTF, and BULL vs Bear power in all in sync. this is on a 5min chart sorry for the resolution... but explaining the harmonious sympathy that these indicators make. this is y i rather use the 5min chart with the 15min chart___ look at the that Blue line on the BULL VS BEAR POWER on the 5 min. perfect exit for full profit. If you use the EXIT 'last chance' you would of only had a small gain. To sum this up, I take 2 different types of trades RISK OFF trades with GANN FIBS ___ you will see the S/R lvl to support the move. Then trades off the MTF_RSI after a pullback with conjunction of the BULL VS BEAR. My requirements are longs over 100 ema and shorts under 100 ema and the bull vs bear power has to say STRONG TREND __ADX RISING___ if it says ADX_FALLING then be warned. Thanks for taking the time to read this i really appreciate any feedback.
NASDAQ:CGCEducation
by Mnbrass549
To the moon: No more bears!Tech has gone into a melt up! The word on the block is that there are no more bears. Well, loads of people are long in the market. Would you go long now? When I look back to March 2020, the dip south seems soooo insignificant. We know that markets correct but we don't know when major corrections are going to happen. What's driving the market? Some say it's about looking beyond the pandemic. I think that's just neat terminology to cover greed. We're now into an era where GDP doesn't matter. PE ratios don't matter. Political and economic data don't matter - most of them pumped up anyway. Delta and epsilon to come in the pandemic - doesn't matter. Crises in demand and supply don't matter. China doesn't matter after all the hullaballoo about the China Deal - few people remember much about it. US Dollar crash - that's great news for the markets. No really - markets love weak currencies. Inflation - what's that? The FED said it's transitory - but nobody except the FED knows what that means. Housing market totally overheated with minor cooling in the last two weeks. Transportation index in trouble. Not a problem. Global warming - fires in 20 countries. Fires in Siberia producing more CO2 than all the other fires combined. Melting of Greenland: the total aerial extent of surface melting (total melt-day extent) for 2021 through August 16 is 21.3 million square kilometers (8.2 million square miles), tied for the fourteenth highest total to date, and well above the 1981 to 2010 average of 18.6 million square kilometers (7.2 million square miles). Who cares - climate problems are well out of sight - unless the Gulf Stream shuts down 'unpredictably'. Debt - who cares? There is loads of almost free money around from Uncle Sam - which really comes from the FED passing tons of money. Live fast - get rich fast is the name of the game! Money out of thin air? Yep - more of that to come. Trillions of it. Money for nothing and ..... for free! LOL. So the bears must be dead! If you think differently have your say. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
U
by Captain_Walker
XAU/USD Analysis, Bears VS BullsHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Gold Price is still trying to find stability after a huge drop that started on August 5th and went for 5 days, where the market started to move up and stable to power between the Bears and Bulls. We could be seeing a Tower Top Candlestick pattern forming which is a reversal pattern. The yellow metal is down nearly 2% since the start of August, with pressure from the US Dollar that is gaining more power and presenting a strong moving wall for prices. Scenarios for price movement : Bearish Scenario : The Market price is being pushed to the support zone at 1778.49 - 1769.39, The bears got a test for power in August and they don't wanna lose it. The Bears will test the power of the bulls at that support zone and they are going to try to breakout that zone if that breakout happens then we could be seeing another big drop in the gold price reaching the support line at 1715.770. Bullish Scenario : Since the market is on its way to the support zone at 1778.49 - 1769.39, The battle between the bears and bulls will play a big role in the market movement for the next period of time, if the Bulls were able to hold the fort and push the bears back then we will see the market price bouncing back up and hitting the resistance line at 1795.490 If the Bulls kept going strong and broke out that line then the price most likely will be going to 1812.50. Technical indicators showing : 1) Moving averages overall signal is Bearish. where The market is Bellow the 5 20 50 100 200 MA & 20 50 100 200 EMA, but still remains above the 10 MA and 5 10 EMA. 2) The MACD is Below the Zero line showing that the market is in a Bullish state, with a positive crossover between the MACD line and Signal line. 3) The Stoch is giving us a sell signal, with a negative crossover between %K (66.67) and %D (69.21) Support & Resistance points : support Resistance 1) 1778.49 1) 1795.49 2) 1769.39 2) 1803.41 3) 1761.48 3) 1812.50 Fundamental point of view : Gold continued with its two-way price moves on Wednesday and was influenced by a combination of diverging forces. Worries that the fast-spreading Delta variant of the coronavirus could derail the global economic recovery continued lending some support to the safe-haven commodity. However, resurgent US dollar demand acted as a headwind for the dollar-denominated commodity and capped gains. Following a modest intraday dip, the greenback found some support from a goodish rebound in the US Treasury bond yields. The USD buying picked up pace following the release of FOMC minutes, which indicated that the US central bank could start reducing the pace of bond-buying later this year. The minutes, however, showed that several Fed officials thought that a move to start tapering asset purchases should start next year. Nevertheless, market participants seemed convinced that the Fed is now comfortable to roll back the crisis-era stimulus, which was evident from some follow-through USD strength through the Asian session on Thursday. This, in turn, was seen as a key factor that dragged the non-yielding yellow metal back closer to weekly lows. That said, persistent COVID-19 jitters held investors from placing any aggressive bearish bets, warranting some caution before confirming that the XAU/USD has topped out in the near term. Traders now look forward to the US economic docket, featuring the release of the Philly Fed Manufacturing Index and the usual Initial Weekly Jobless Claims. The data might influence the USD and provide some impetus to the commodity. According to FXstreet This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !!
OANDA:XAUUSD
by GabiDahduh
BITCOIN: Possible GOLDEN CROSSOVER ?Bitcoin finally broke the trading range with a big green candle all the while managed to stay above 200-Day EMA and now trading above it right after it faced the 12% rejection last week. The overall picture is becoming more bullish, although it needs to hold above this range($42k-43k) to turn fully bullish and failure in doing so will lead to small retracement. If we look at the current price structure, we can see the 50-Day EMA and 200-Day EMA are nearing along with the price action and if this bullish momentum goes on for the next coming days there's a high possibility that we may witness a GOLDEN CROSSOVER (this is a bullish breakout signal which indicates the arrival of a bullish market) within the next 30 days or sooner. Now, the next zone which can act as a major resistance zone is $45.5k and $48k and it seems we need to lookout how BTC approaches this important zone as this move can be crucial for the whole market and for the GOLDEN CROSSOVER to occur. Let's see how the price action builds up for BTC in the near future. Here's the previous update on BTC brefore the breakout of the trading range :- DYOR. CryptoCuriousOfficial 📥
by Wolf_Of_Alt_Street
The diamond formation explained in terms of ADA's price A bearish confluence has arisen among all the current bullish signals. This formation is theoretically seen as a reversal pattern and is bearish based on the fact that the price originated from bullish movement. Although the price target of this formation is at $1.29, does not mean it will reach these levels tonight, however knowing crypto assets a 10% retracement is not an irregular occurrence. In order for the price to hit the TP, it will firstly have to break below the $1.40 mark which is a strong resistance level of the previous formation the price broke out of. Then the price would have to move below the 50% fib retracement level which is an extremely strong level of support and resistance. Only then would the path be clear for a movement down to the TP which happens to be a strong support level. I am seeing this current market as a strong accumulation phase and if the price falls to the TP it would just be a sign of the continuation of this phase, which is great news for those who are in the market for the long term. The further accumulation would benefit the ADA market as a reversal and breakout to the bulls will roll out with the release of smart contracts which will bring in further hype into the space resulting in a huge move to the bulls. My current opinion on the market in the short to medium term remains neutral with a bias towards the bulls on a slightly longer time frame, how ever there will be some blood in the street leading up to this point of course. A question for those of you who are scared based on the current situation with regulation over the crypto space. Don't you think that regulation is one of the best things that could come out of the crypto space? some would think I'm crazy for saying this, BUT hear me out. Regulation is only scaring in this sector because it has never been regulated before based on the fact that it was not as wide spread adopted than it is today, and regulation is just a sign from institutions and governments that the sector is more serious than one would think and this is a way of showing the mainstream that even they are starting to take crypto seriously, But in order to do so they will obviously want to be compensated for the rise of this revolutionary financial system of assets, which is fine, unless this news has the effect on you that temps you to sell your assets. This is not a good idea as you will dearly regret this decision, maybe not now but in the near future. Just remember that all sectors associated to any financial system or third party intermediary are taxed and regulated any way, so why is regulation in this sector so frowned upon... don't let the media cloud your logic to believe what is said is true. How do you feel about regulation in the crypto space? leave a comment and like and we can discuss this topic, related to any asset.
BINANCE:ADAUSD.P
by Crisp_Flow
Textbook performance from ADA.The current ADA price movement is one of pure theoretical importance. The reason I say this is based on the fact that we are currently in a bullish continuation pattern know as a triangle pattern. Some would know why I say this formation is very textbook. For those who do not know, it is because with any continuation pattern the price will break out of the confines of the pattern (resistance) only to come back and turn previous resistance into support before it goes on to reach the targets set by the pattern, in this situation the target lies at around $1.61. However the price wont just shoot up to the target and is more likely to build up a bit more support in order to create a strong level that future price will struggle to fall below, but a more directly to the target is also highly possible therefore one would have to look on the smaller time frames for confluences to determine which route the price will take. What do you think about ADA's current situation. Are you bullish or bearish in the medium term?
BINANCE:ADAUSD.PLong
by Crisp_Flow
BTC Bull Market Back on Track!we have come to a point in this current market where the price has given us a strong signal that a possible reversal is building up for a breakout in to a full swing bull trend in the medium term. However by looking at the chart we are still within a longer term bearish trend which is slowly coming to a halt with many signals and indicators to back this statement. One thing to understand about a general market is that nothing lasts forever and although we have been in this trend for over a month does not mean we will stay in it forever, in my opinion it is much more likely a reversal is imminent based on fundamentals alone. as I have said in many other posts, the fundamentals are lining themselves up for a huge narrative shift which is not new to ant market, but is more prevalent in crypto markets based on the media backing as well as slow institutional adoption that is growing rapidly. IN my personal opinion I feel the institutions have been accumulating crypto for longer than they proclaim but have not bade it mainstream for reasons I don't have to get into and are self explanatory. All fundamentals opinions aside, I am here for my technical perspectives and will discuss them in the paragraphs that follow. we are currently experiencing a beautiful reversal attempt from BTC which without the relevant lines would make no sense, but analysis acts as a language which speaks through its lines created by phycological levels determined by a majority of peoples with like minded ideas on fluctuations of the market. The reason I say the asset is attempting a reversal is based on the fact that nothing I predict is for certain but have a +-70% success rate if all my indicators and confluences add up correctly. 1) MacD & RSI: although the macd is in the red at the moment doesn't mean it is bearish . the candles are seen to be reversing which will lead to a convergence sooner or later. However the RSi is acting as a further confluence for the mac, as it has seen to have retraced slightly off the oversold line as looks to climb higher. 2) Golden pocket: The golden pocket has proven to be one of my strongest confluences within my trading plan and should not be taken likely. The price at the moment is slightly below the GP but is being pinched into decision by the bullish trend lines seen as the white channel. The medium term direction of the market is currently waiting for decision as to where the price will go, will it break into the GP or will it break bearish out of the current bullish channel . This is a clear example of why I do not proclaim to say my perceptions are 100% certain as anything can play out in the next few hours. This is a very serious point in time to focus on as it plays a bigger role than one would think. 3) channels: It was discussed earlier that we are currently in a larger scale bearish trend . However all long term trends come to an end and a bullish channel has formed within the downward channel . Therefore decision will have to come soon as the bearish and bullish channel have formed a pennant which is slowly pinching the price into decision, as well as the GP which is situated in such a place that it is almost a perfect textbook depiction of a potential strong breakout. However there is a chance we will be denied entry into the golden pocket and fall to the support of the bearish channel , which is my worst short term case scenario. one would complain when I do not give specific prices when typing my technicals. I'm not truing to say that specific numbers are not important but in my opinion numbers should remain on the chart unless targets and key support and resistance are being individually mentioned. Therefore i will display the current important lines to watch out for below. Golden pocket: $34.2k - $35.7k support: $32.7k - $30.6k - $27.7k (78% fib) - $21.3k resistance: $41.3k - $47k One thing to note is these levels mentioned are based on a larger time frame and should not be considered the only levels to watch out for, as smaller time frames will bring about more levels. If you are reading up until this point you are truly passionate about what you do as you would take your time to equip yourself with someone elses perspective on the current asset. Keep it up and don't forget to like and follow for more in depth yet simple technical analysis .
COINBASE:BTCUSDLong
by Crisp_Flow
BTCUSD Don't worry we are still Bullish.BINANCE:BTCUSD PHEMEX:BTCUSD We are surely going to Moon 🌙. As we know early there were a massive resistance at 57.5k to 58.2k thats why we stay and consolidated there for a while. As the bulls came to the game we break the resistance and now we are under the next major resistance which is 59200 and up again one more at 59400 if we break them we will surely go to the 61 resistance region. In any case we get rejected by those still we we can go up only after touching the 57k support once more. Trade safe guys almost all the bears got Liquidated. Always DOYR. Not a financial advice.
BLong
by chartgram
Bitcoin Timetraveler PatternVery mixed signals here. You can clearly see the trendline we absolutely didn't respect, I even tried to use Fib levels using the trendline and it led to nowhere. In order to avoid chaos we should respect the WXY pattern but it's kinda hard since we would have to go back in time for X wave. The gray rectangle was automatically drawn by best strategist and fundamentalist Toanmagochi due to the trend angle going back in time. Now you prolly see the similarities between trend angle and the WXY and that is the timetraveler feature of Bitcoin, which needs to take place, otherwise we will still keep going forward in time. To add even one more layer of confirmation, projected trajectory that I was able to find in a publication by Dr Sheldon Cooper leads to conclusion that we should long Bolivar against USD with at least 500x leverage to basically print money for ourselves for next two decades (Flash pace). There are few other really useful indicators and lines on the chart that are hard to see because those candlesticks are annoyingly trying to overlap them, but that's OK. So, most likely there's no need to explain anything, it's pretty self-explanatory, but I'm gonna do it anyway. BERAS ARE REKT. They're so weak that bullas had to start selling and push the price lower to make it look healthy. 60k was not a top, if you're selling here to institutions and wealthy individuals, you should consider changing your official name to Peter Schiff. BTC is leaving exchanges, long-term hodlers are hodling, miners are not selling, more than 11% of total BTC supply was transferred above 53ish area establishing BTC as a solid asset class at 1T market cap that is here to stay. On-chain data remain bullish, hash rate at ATH as well, next 3-4T stimmy soon to devalue fiat even more. Diamond hands, beras stand no chance.
BITSTAMP:BTCUSD
by GarlicSam
4
GBPJPY - Bullish Movement Ahead?After some Swing Trading analysis, I have been looking at taking a Long position on GJ. Using previous key points, Price recently returned to a bullish trendline after a positive move over the past several weeks. To back this up, price has broke above a previous resistance area. I am now looking for a retest at the Resistance (Or new support) area as an entry, in hope price continues up in the long run. One thing to consider is that there is a large WEEKLY bearish trendline, that price is approaching. Keep an eye on that level incase position traders influence the market too much.
Long
by LKFXTrading