OGN/USDT : next candles will change movement ! BINANCE:OGNUSDT
Hello everyone😃
OGN Broke Cloud and some how take hold above it, But its not a sign of Bullish.
On daily timeframe, OGN rejected from cloud and Stochastic is touching 100 limit.
Also MACD is weak to break resistance !!
So its more possible to retest bottom...
By the way If OGN breaks cloud and resistance and take hold above them, Then its safe to take long until 0.27$
🔴Indicators are being bearish also on daily timeframe, there is no sign of bullish movement, So wait for confirmation above resistance to take long
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Centered Oscillators
A technical end of year path to very high heights in 2021The RSI is clearly in the bull zone. And we appear to be essentially parabolic at this point. I believe all these ideas predicting pullbacks at every level up to 20k, are going to result in us squeezing straight through to a new high.
Fundamentally, bitcoin is win-win at the moment.
If coronavirus is cured and the markets propel forward on good economic recovery news, there's more money for bitcoin. If its all doom and gloom, governments print money to save their economies, then Bitcoin becomes the inflation safe haven and more money for Bitcoin.
Last time we were at this MACD level, opening up on the weekly, we went up 13k in 2 months. Which would put us at 24k target price over the next month or two. This should also drive the macd up to around it's previous all time high. At which point, you would expect the market to pause, perhaps retest the previous 19k high for support. And then we're free for the next run-up!
If that happens; then we're going to see the mother of all buy signals with an all-time MACD high touch, ease off, then power through. Historically when that has happened on larger indices the price never goes back below that point. And the markets rocket upwards. Which would give Bitcoin the technical fuel to achieve the more outlandish price predictions; 40k right up to lottery winner levels.
But this is just an idea at this point... based on 3 assumptions:
1) Bitcoin is experiencing the start of its next big bull run.
2) We power through, invalidating all these ideas for a significant pull back on/before 20k.
3) We touch the previous macd high, and then push through it a few weeks later!
If they're valid... then 2021 should be a very pleasant year provided you don't meddle too much and miss out on the easy bull money!
EUR.USD H4 Short 13CCI tlbThere have been multiple signals on H4 from 13 CCI trendline breaks, each requiring teeny stoploss and having potential targets easy to spot/reap. The price action is trying hard the whole time to say UP, but until it gets above 1.1826 and H4 CCI shows a divergence, the price may still attempt to reach H4 targets of 100p to 250-300p lower.
Since the moves are working and stops are so teeny, and there still is no diver., I've shorted again @1.1816 and 1.18080 . Current SL 1.182. If it is hit today, look for an H4 CCL tlb to the upside.
EUR.USD H4 Short 13CCI tlb,100x13CCI still shows not divergence, indicating that upmove is not complete. But seeing a CCI tlb of up-trendline along with very tiny stop required, some folks are happy to risk that for a potentially big move down. Price complted an abc up, but be nimble for further move up
S 1.18315
SL 1.1838 or 1.1864
TP 1.1546 or a lot less. Exit when CCI crosses up thru a downtrendline
Hoag's 80% Value Play-Election "sell the news" (Short)Hoag's 80% Value Play
(Election Day Short-SELL THE NEWS)
Uber looks Toppy, Multiple Potential Dbl Tops
(Unconfirmed)
Reasons for Trade:
1. Have retraced to areas of .618-.786, and to + .786
of its range from IPO high and most recent high, respectively
2.At volume high rn, break back into value, and held for 2 consecutive 30m candles,
suggests price will revisit value low 80% of time. VL is at reload long levels
3. MACD internals Looking weak.
4. Was recently oversold, and is hovering near OS
5. Significantly decreasing buy volume impetus, very telling.
RR 4.22:1
Enter trade at confirmation of M top, at break through .786 level on downside
and acceptance into value at $35.96
Stop set at M Top* at $38.25
Move Stop to scratch at touch of value low near potential reload long levels, $26.30. If accepts into
value low, trail stops, 3 highs/Lows method.
Caveat: This is a short trade in the event of unfavorable election results where rideshare worker's rights (gig economy) is on the ballot in California. NYSE:UBER
For entertainment purposes only, not trade advice. DYOR!
Tech sector showing weakness despite gains on election dayWhen comparing tech focused ETFs/indexes, namely $NDAQ and $XLK, we can see that $SPY has recently been outperforming them. My theory is that this is an unusual case and a sign that tech stocks are near tops.
Given that I did not receive the dip I wanted, I have difficulty putting on a short position on tech. There is also the factor that the highs have not been truly swept yet.
Just something to keep an eye on.
$NDAQ/$SPY
$XLK/$SPY
For options plays, it would appear leaps for $NDAQ would be ideal, while short term plays on $XLK would work out. $NDAQ is quite illiquid.
BTC daily RSI divergence.There has been some divergence showing up on the daily chart again. This, in conjunction with candle wicks and prior resistance, may have been interpreted as a slowing of momentum and a possible dip buying or slam play opportunity coming up. A break below the upward wedge would confirm.
Twilio Nuzzles Old HighsEveryone knows about Zoom Video Communications , but Twilio is another cloud-based beneficiary of the coronavirus pandemic.
TWLO has had a trio of positive headlines this month:
10/2: Guidance raised
10/12: Acquires customer-data firm Segment
10/26: Earnings and revenue beat
TWLO has declined along with the rest of the market in the last two weeks. It’s now back around $285. That level was the old peak in August and its consolidation zone earlier this month before it sprinted toward $340. The pullback is also creating an oversold condition on stochastics.
Momentum followers may look for its upward continuation if the broader market stabilizes.
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EUR.USD H4 Short 13CCI pattern, 13CCI tlb cross<zerolineS 1.183 or earlier. Took too long to draw/annotate chart
H4 EUR.USD has two CCI short biases.
First, the extended trendlines cross below the CCI zeroline, favoring downmovement. To catch a turn up early, monitor this crossing on lower timeframes.
Second, the CCI pattern is one I call hitchhiker's Short, because it resembles a hand signal with pinkie in the air (which by itsself is an early Short signal, then the rounded knuckles of a fist at a lower CCI level (~~100), then the thumb pointing down as CCI hooks well below zeroline. There is another hitchhiker short i marked in Sept. This pattern can run for many days before a CCI reversal Long is signalled, by CCI's crossing up thru a downtrendline.
We still have a possible H&S target below 1.152, a possible retest of earlier H&S target ~1.176,and new pitchfork targets, one for upsloping pitchork ~~1.177, and one on downsloping pitchfork, ~~1.152 or higher (to 1.164)