Bitcoin – last bearish impulse!Hello, everyone!
I am so excited because Bitcoin is showing us the last wave into this annoying bear market. I have already started to buy BTC and altcoins and prepaired my bag to go almost all in very soon.
Let’s take a look at the 4h timeframe BTCUSDT chart of the WhiteBit exchange. After flashing the insane short signal at $24500 the wave 4 was finished. It was represented as the ABC correction. Now I am waiting for the last wave 5. I think that subwave 1 inside wave 5 have benn already formed. Now it’s time for wave 2 which will reach $21500. The overall anticipated structure of wave 5 is the terminal diagonal triangle – the only one formation where the wave 3 is not the longest one and wave 4 can overlap wave 1. The previous global wave 3 was too impulsive, after such huge waves final wave 5 is the trimmed which I am waiting for.
Be patient – bull market will start soon!
Good luck!
Centered Oscillators
IS RIDE heading up hill (LONG)RIDE has finished a downtrend the past ten trading days
and now appears to a retracing that downtrend.
The upside here is about 16% to the mid Fibonacci level.
The MACD shows an early K / D line crossover as a lagging
indicator.
The RSI is in midrange being neither oversold or overbought.
I see this as a setup to trade a swing long trade or a call option
for a 4 week expiration at a price 5-10 % above the current
market price. NASDAQ:RIDE
TSLA Early BULL Signal on RSI / MACDNASDAQ:TSLA
On the 1H timeframe chart, TSLA is showing an early reversal as follows:
(1) It is ascending in a downtrend parallel channel
(2) On the MACD, the signal line is below the histogram, and
the K & D lines are converging on this lagging indicator.
The histogram bars are decreasing in negative height.
(3) the color-coded RSI candle indicator shows bullish engulfing
strength candles.
All in all, I see technical signs of a reversal as described here
REAL-CANDLE OSCILLATOR AKA PA Osc.This indicator show Candles with true change values and exact wick/body proportion but as a zero centered oscillator.
When a series of Candles appears, the values accumulates until the series end, showing the swing amplitude.
Starting from the indicator as it is, there are many possibilities to make use of the way the data are displayed.
Not Much of a Bounce in Meta The stock market has bounced sharply in the past month, but Meta Platforms hasn’t followed.
The main pattern on today’s chart is the steady succession of lower highs. While the Nasdaq-100 behaved similarly in April, May and early June, the index broke its downtrend by making higher highs in the last two months.
META, in contrast, hit $183.10 before rolling over a week ago. The most recent peak was $0.75 less than its July 21 zenith. In other words, the social-media giant has continued to make lower highs: a key element of a downtrend.
Next, you have the 50-day simple moving average (SMA). It was resistance in April, May and mid-July. Prices have recently managed to return above this line. A move back below may draw bears from the sidelines.
Finally, the stochastics indicator is edging down from an overbought condition.
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TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Bitcoin – if you are risk-averse, wait!Hello, everyone!
As you know I tried to catch insane short using the using the chain reaction of the 4h –> 12h –> 1D timeframes divergences. Now I am still in position, 4h and 12h timeframes divergences have been already confirmed, but not the 1D.
On the 1D timeframe BTCUSDT chart of the WhiteBit exchange we can see that the MACD histogram divergence still have not been confirmed. Thus, now there is a high probability on the new higher high, in this case the 4h chart again shows us divergence which can lead to 1D divergence finally.
Globally, the price is staying next to Fibonacci golden pocket of the last downside impulse. In conjunction with the divergence it the super bearish signal with the potential target at $15k (Zone 27). If you are risk averse – wait for the first decreasing column on MACD histogram (Alexander Elder’s strategy). Be patient, bearish trend will end soon, but the bull market cannot start with such zigzags as we can see on the chart. I know a lot of traders now compare the 2018 bottom with the current, but they are completely different. I will make a comparison for you next time.
Good luck!
SPX500 summary 11 August 2022Is this a shooting start on daily chart?
The market reached 4250 and, as expected, was rejected.
It’s still holiding above 200EMA, so it might be here for a while.
I’m also looking closely ar VIX - which showed a little green today although I don’t see MACD turning around yet.
Trading is risky, please do your own market analisys before entering the market.
Netflix Eyes the GapDoes anyone remember Netflix? After losing three-quarters of its value between November and May, the streaming-video stock may be trying to claw its way back.
The first pattern on today’s chart is the bearish price gap on April 20 after the business unexpectedly lost subscribers. NFLX drifted for months after the selloff but is now inching back toward that area. Traders may look for price to fill the gap.
Second is the tight price action since the subsequent report on July 19. Notice how pullbacks like July 22-26 have been very shallow, with NFLX remaining above its 8-day exponential moving average (EMA). That may suggest buyers outnumber sellers.
This is also potentially seen in the relative strength index (RSI) holding against the edge of an overbought condition.
Finally, you have the 50-day simple moving average (SMA). This line helped mark the uptrend a year ago, and the downtrend since December. NFLX has been above it for almost four weeks, which may also indicate a change in direction.
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Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
GBPJPY Back Below 160 PotentiallyAnd the CPI just drives GBPJPY break the trend line. And potentially I see this could head below 160 level, possibly around 157-158 area. Macd is supporting the view at the moment, there is cross over to downward and the histogram is currently below 0 level. My stop would be somewhere ABOVE 164.126. Manage ur risk:reward minimum 1:1.5. Trade well and wisely. 🙏🙏🙏
SolarEdge Holds Support After Gapping DownSolar stocks have outperformed lately as investors react to high oil prices and the green-energy movement. Today we’re looking at SolarEdge Technologies , the No. 2 company in the group by market cap behind Enphase Energy .
The main pattern on the chart is the falling trendline that began in November and ran along the highs of April and most of July. SEDG ripped through that resistance on July 27 as lawmakers advanced key legislation supporting the sector.
Earnings subsequently missed on August 2. That caused the stock to gap lower, but it managed to remain above the previous trendline. Has old resistance become new support?
Second, the 50-day simple moving average (SMA) just rose above the 200-day SMA: a potentially bullish “golden cross” pattern.
Next, consider the sequentially higher lows since January – unlike the broader market’s steady decline through mid-June. Finally, notice how the relative strength index (RSI) has remained mostly above its midline at 50. Both of those patterns could reflect buyers outnumbering sellers.
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Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Confirmation for oil from m30We get confirmation from lower time frame. Yesterday's rally I didn't sell oil.
M30 of oil now is indicating bearish for sell oil. Kijun cross tenkan downward. Future kumo is brarish kumo. Macd bearish. And chikou is currntly running below the kumo.
Pay attention to the 2 tp zones I defined. Trade well and wisely.
Trigonometric TrendSome follow up to the new Trigonometrical Playtoy :-)
After watching for some time that trend indicator, i have to say the entrys are usually late, but 80-90% of the time with proper riskmanagement this should be easy to trade directly on switch at min´ss and max´s
I added some marks in the chart to see the trading signal, exactly where both get the same color and way in the upper limits.
It seems longs are better than shorts.
play with different lengths at the same timeframe like here in this setup
3 Possible Ways to trade:
* trade with orderbook, orderblocks and hotspots when switching from green to red
* trade with some cloud, Nadaraya, ATRCloud, FIbcloud, Bollinger with final gaussian smoothing,.... whatever all are in some way good,
use it as "safety" before firing a position
* directly the switch of minimas or maximas to the different color
www.tradingview.com
here a already finished setup to copy ^^
Are Semiconductors Stalling?The Philadelphia Semiconductor Index ripped about 29 percent between early July and early August, but now it may be showing signs of fatigue.
The first pattern on this chart is last Thursday’s peak of 3087 -- slightly below the early June high of 3159. That lower high is potentially noteworthy when compared with the broader Nasdaq-100, which pushed above the respective level on its chart to the highest since early May. It could be sign of relative weakness for chips.
Next is Monday’s doji candlestick, a potential reversal pattern. Also notice how SOX appears to have broken a rising trendline.
Third, the Relative Strength Index has retreated from near an overbought condition.
Finally, you have an increasingly mediocre news flow . Nvidia’s warning yesterday, combined with similar news from Intel and Western Digital , may reflect less-than-stellar fundamentals in chip stocks.
Given the market’s healthy bounce and falling volatility, SOX may not retest the 2022 lows. But it may have lost its mojo and chop around for a while as investors seek outperformance in other corners of the market.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
70% UP IN 2 MONTHS: AMAZING STRATEGYHELLO FRIENDS!
Analyzed this stock 2 months back in my videos in my channel. Worked perfectly as per the analysis. Target is 300% which I assume may hit in 2 months.
Logic behind this trade is Stock was facing resistance of the trendline for a long time. In the third attempt in June it broke the trendline. Another logic is the stock had given breakout above the 50ma band and sustained above that for so long, which indicates bullishness of the stock and the entry of BIG BOYS.
One can notice the increasing volume bars too, which is proving the bullishness.
Entry was confirmed by the trendline breakout.
Captured 77% till today and we'll wit for the target with railing stoploss.
All levels are provided in the chart which explains everything.
I hope you all understand the logic behind the trade and will learn it.
UsdChf If Breakout = Rally To The UpsideThere is potential long for usdchf if the price is able to break above the upper trend chanel. The requirement would be bullish engulfing candle to ensure the moment is strong to the upside rally. I also mention the potential taking profit area. There are 3 areas.
Manage ur trade mate. Trade well and wisely.
LONG AUDCAD on Daily ChartSystem printed an entry with a trigger today on AUDCAD @ 0.89793 with initial target of approximately 220 pips @ 0.91786. Stop is placed @ 0.87300, trailing.
I actually entered this trade early and am up 70 pips. Today's candle close above the trigger line will indicate an entry based solely on the rules of the system.
Supply/resistance area above around 0.9115, with 0.90750 as potential hesitation price level.
Is Bank of America Overbought?Bank of America had relief rally in the second half of July, jumping from a 52-week low under $30. Now some traders may think it’s overbought.
The main pattern on today’s chart is the declining 50-day simple moving average (SMA). The recent surge brought BAC back to the line for the first time since late February. Trend followers may now look for the bearish direction to continue around this SMA.
Second is the price zone around $34. The stock struggled to hold that level on May 20 and then knifed below it on June 10. Prices have remained below it since, which may indicate that it’s still resistance.
Third, stochastics have been showing an overbought condition.
Finally, you have challenging macro conditions as the yield curve continues to invert.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
USDCHF - Divergence RSI for a Long trendBull Divergence condition:
1. Point A: RSI is Oversold (<30)
2. Point B: Most important.
- EMA: 34 & 89: Point B is must crossover and above EMAs -> Bull is enough creating a Divergence.
- RSI of Point B > 50.
3. Point C: .
- On chart: Price lower but RSI higher.
- RSI of Point C is above Oversold zone.
Bitcoin – liquidity collection will cause the crashHello, everyone!
Yesterday’s the most probable scenario, on which I put my money is playing out right now. The price showed another one local leg up to the upside, after that we saw the bearish reaction. Today Bitcoin is confirming my concerns about the potential price dump.
Let’s take a look at the 1D timeframe of the BTCUSDT chart of the WhiteBit exchange. The price reached the lips of the weekly Williams Alligator indicator. If my assumption about the last wave 5 is true we have to see the dump from current prices with the low probability of the pump to red line, but the dump is imminent. The downtrend can be over only after the 5-wave Elliott cycle with the obligatory divergence creation between wave 3 and 5, we still have not seen it.
Also I want to you to notice the liquidity zones. The market maker tends to collect the liquidity with the minimum effort. We can see that liquidity of all short traders have been already collected. The parabolic growth which we saw last month created a lot of uncollected liquidity of long traders. In my opinion the most logical action of MM now is to initiate the dump below $17k to pick up all this stop losses with the rapid recovery after that.
Good luck!