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Chaikin Oscillator (CHO)

WAN- It's ya boi di-di-divergenceWanchain has been on a steady decline since the 2nd of May high after its listing on Huobi. After Bitcoin's last little dump (from 8.8k to 8.3k), prices have gone down and are "dangerously" approaching our end of the triangle. Chart is self-explanatory, though: 1hr chart shows a bullish divergence in our Chaikin Oscillator, Momentum and RSI. Chaikin and Momentum are also approaching buying regions, so exciting times ahead, probably! On the price chart, lime-coloured fib retracement is the .382 (8196) and green fib retracement is .5 (7402). Red dotted line is drawn from the 12th of April low wick to the latest low of the 11th of May. We could potentially see another test of the trendline before the possible breakout; also be very cautious because Wanchain has shown a lot of fragility to BTC's price lately... Other stuff to take into account: -Volatility has been low the last few candles. -Release of form for application as alhpanet 2.0 tester near. -Ledger integration close to release. -Consensus (?). Feel free to leave your comments and thoughts on the chart and happy trading! PD: Not professional advice, just educational :D
by RicardoFlorez
everyone who can't play the bullhorn get outta the band!WHAT WHAT WHAT? I think a few people are starting to see the moon from the stars. The Chaikin Oscillator is an indicator for the ADL/CMF. USE IT! Chaikin is rolling in his grave right now and you did it. get taught, fool: IT MEASURES MOMENTUM @@ 3 TIMES SEPARATED FROM THE MOTHERF***ING PRICE! Yo, that's a nice final form for a charting tool don't ya think? Go on, give this guy the keys to your car and hand over your wife, coz he's the BOSS right now and if you think differently you're gunna be picking little jimmy up from soccer every second weekend from now on... If you need to know why, this little guy is known to measure the MOMENTUM of the running volume of cash flow by applying the ADL to two seriously jacked up EMAs known as Chaikin O's BOYS, that'd be Mr Right and Left hook to you though. And they clean up. They cleaning up this bear trap right now. The surge is pushing high over the zero line and that's going to knock the price into that little resistance grandpa Ichimoku and shoot right through, taking his inheritance with. That's right, let's get rich boys! Stop selling into debt and let the Whales float you up,up,up! thanks for listening, this has been a Bread & Milk Broadcasting, Milk is known to be always nice, always kind, and hopes all the best always for all. This has been my unprofessional TA announcement. Disclaimer: don't trust a stranger; I am not here to prove my calls, just make 'em. xx
BITFINEX:BTCUSD
by MilkBread
BTC/USD Analyse Points To $5920 Being A Long Term Low Feb 26 History doesn't predict the future, but it may affect probabilities. I wanted to point out a pattern that is visible on the Chaikin oscillator in relation to price action. If we go back in time and look at the times the Chaikin has dropped down to -10000 or below, it has marked a low that hasn't been traded afterwards, that is a higher low. One exception, on the dip in late 2013 the indicator hit -15500 (price 545) and ten days later it hit -14100 (price 385). This strong bullish divergence then resulted in a rally up to almost 1000. Then during 2014 price slowly kept falling the whole year until Jan 2015. This is when the Chaikin hit -9600 (price 220). Price has never come back to this level. The next strong sell off came in Nov 2015, Chaikin -10400 (price 300) Price has never come back to this level. In sep 2017 Chaikin again hit the -10000 (-10450) (price 2970). Price has never came back to this level. And the latest dip, Chaikin hit a record low of -16300 (price 5920). Will this also be a point of no return? Probabilities points in that direction. The deeper the Chaikin dip also the stronger the bounce. It behaves like when you pull a rubber band. Currently, since most timeframes are bearish (not the Weekly) we might see price continuing down to 9000 or 8600, the latter is the Monthly S1, which should give support in a bullish retracement. But it could also move higher from current levels as we see some bullish divergence. The move down from current high at 11800 does not have the volumes and participation that can take price all the way to the low at 5920, but trend has shifted bearish and, as I said, further downside could still happen. The 61,8 fib at 8175 will give a nice risk/reward entry point on the long side. A first sign of Bulls stepping in will be a break of the descending channel, and then a close above the Kijun Sen (white line). To view the earlier extreme Chaikin points, you need to expand the chart, and drag it back in time. The points are marked in red.
BITSTAMP:BTCUSD
by CapMoore
2