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CMF

Bitcoin - Staying Positive, Buying LowOn Analysis, The bottom channel has been tested twice, CMF below 0.00 withstanding, a retest of the channel breakout may be possible. CME futures and also BTC Daily chart could converge to provide some support to the idea, of which I will publish separately. Although basic trend pattern, quite different, please take of it what you will, still love feedback cftc.gov/dea/options/deacmelof.htm BTC is seeing some tough times, so I should write this: ***Education Purposes Only***
COINBASE:BTCUSDLong
by CerealTrader-
$ABNB Awakening. Surge in Money flow and volume detectedMy understanding of this ticker is that it is moving because of large booking numbers that were revealed on the earnings call. This has resulted in a large amount of volume and money moving into the stock (See the OBV and the CMF listed above). This is showing early signs that the ticker may be "making a come back". My estimate on this trade is that it will complete by June 10th. I would look for this running up to the 150-160$ range and 160+ if it goes parabolic. Trade at your own risk. This is early on in the movement so things can change. Best of luck.
NASDAQ:ABNBLong
by tay_tay86
Cosmos Atom completed a trend reversal in this Inverse H&S"The advance from the low of the head should show an increase in volume and/or better indicator readings, e.g., CMF > 0 or rise in OBV. After the reaction high forms the second neckline point, the right shoulder's decline should be accompanied with light volume. It is normal to experience profit-taking after an advance. Volume analysis helps distinguish between normal profit-taking and heavy selling pressure. With light volume on the pullback, indicators like CMF and OBV should remain strong. The most important moment for volume occurs on the advance from the low of the right shoulder. For a breakout to be considered valid, there needs to be an expansion of volume on the advance and during the breakout." "Neckline Break: The Head and Shoulders Bottom pattern is not complete (and the downtrend is not reversed) until neckline resistance is broken. For a Head and Shoulders Bottom, this must occur in a convincing manner, with an expansion of volume." ***"Resistance Turned Support: Once resistance is broken, it is common for this same resistance level to turn into support. Often, the price will return to the resistance break, and offer a second chance to buy."*** -The pattern site This can also easily be observed using the MA Ribbon. Will post below as well. Keep in mind this pays a 5% staking reward. paid out in $ATOM.
COINBASE:ATOMUSDLong
by ZenMode
LTCBTC - Weekly - falling wedge - bullish sign for LTC vs BTCBelow are some keypoints to support a positive breakout from the falling wedge. Also check details on "Falling wedge reversal pattern". Falling wedge signs - A cone that slopes down - MACD positive crossover - MACD positive divergence - CMF positive crossover 0.0 - Volume increase - TD counter is at 9 for the weekly Maybe we go back down one more time. But Its a good sign if the price rises past the 0.0082 levels my target would then be 0.0098 - 0.011.
Long
by mexxmike
1
ICX is showing Bullish Divergence on the 4-hour indicators. ICX/BTC is currently showing some bullish divergence on the 4-hour RSI, CMF, and Stochastic. ICX recently fell below it's fib level support at 1047 (.618) so that is an area of concern, but the indicators are pointing to some upward momentum that will possibly reflect in the price action here before too long. I will be watching the 4-hour EMA's (50, 100, and 200) and the .618 fib level as a possible area of resistance. Alongside that, the previous price action around 1085, and the .5 fib level around 1125 as other possible area's of resistance. Bitcoin took a little bit of a drop last night and has been a bit slow to recover, so we do need to keep in mind that Bitcoin can ruin the party pretty quickly should it decide to move further down below it's support zone around 6360ish on the fiat exchanges. I won't rule out a chance ICX could go a lot higher if the market really turns up in the next few days. -Entry: 1010-1025. Short time-frame targets: -Target 1: 1050 (.618 fib level.) -Target 2: 1085 (Previous area of resistance/price action.) -Target 3: 1125 (.5 fib level.) -SL: 995-1005. --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
by Deftsuo
XLM is showing Hidden Bullish Divergence.XLM/BTC is show-casing hidden bullish divergence on the 4-hour RSI and CMF. I expect the Stochastic to start showing it soon as well. As the price has made a Higher-Low, the Indicators have made Lower-Low's. I made a previous analysis on XLM stating to short from 3915 and reenter at 3730, and that has played out to near perfection. We are currently hovering around the .5 fib level, and it looks as if we will be making a move to the upside soon. Liking the risk/reward on this trade. Do keep an eye on Bitcoin and its price movements, as for it can have a major impact on alt-coins and their movements. Entry: 3730-3770 Target 1: 3910 Target 2: 4130 Target 3: 4490 SL: 3600-3680 (depending on risk/exposure level.) --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
Long
by Deftsuo
2
OCN/BTC showing hidden bullish divergence. OCN/BTC is showing some hidden bullish divergence on the 4-hour RSI and CMF. As you can see by the white trend lines, we made a higher low with the price, but a lower-low with the indicators, show-casing classic hidden bullish divergence. We are already seeing the price start to move to the upside. Liking the way this trade looks so far. Do keep an eye on Bitcoin and its price movements, since it can have a major influence on alt-coins. Entry: 175-180 Target 1: 185 Target 2: 195 Target 3: 205 SL: 168-173 depending on risk level. --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
O
by Deftsuo
1
Bitcoin's triangles of demandGood morning, traders. Bitcoin spent the weekend moving sideways as suggested on Friday and we are nearing a likely large movement one way or the other. The question is, are you ready? Have you prepared for either move? Do you have a plan in place in case price moves against you? And what if it's a shakeout - strong move one way and then the other? These are the possible scenarios that you should be looking at right now. The reality is that two of these three scenarios are bullish - 1) a move up from here or 2) a shakeout (bear trap) that drops price, potentially below the June low, and then returns price to a higher level trapping shorts along the way. I'm not guaranteeing any move up, just reminding traders of the reality of this particular position that price is in at the moment since they have been caught up in the "price HAS to drop below $4800" mantra. Other than the large triangle patterns that we have been talking about for months now, we can also see that price is printing an ascending triangle on the 1H that began around 9/28 with the upper resistance around $6660/$6670. We can also see bullish divergence on the 4H MACD histogram from 9/29 at 11 p.m. CST noted by having higher lows in the histogram but lower lows in price, as well as the same building on the 4H from 9/19 with resistance around $6800. A breach of the former should set a price target of $6870 and creates a breach of the latter which, then, puts it at $7515. This pulls price out of all the various larger TF triangles creating a target in the mid-$9000s and simultaneously confirming the possible complex fulcrum. A move above $8500, of course confirms a bull trend. CMF continues to rise on the higher TFs, nearing a bullish cross of 0 on the 3D. Of greatest interest this morning is the 15 minute candle at 6 a.m. CST. We can see a significant rise in volume but price moved less than $40 and closed just 4$ lower than it opened. This was the largest volume on this TF that we have seen since 9/5 at 7:15 p.m. CST and, with it being such a small TR, indicates demand. The 4H also has its own symmetrical triangle printing within the possible larger ascending triangle which gives us a target of $7000 if it breaks up and $6150/$6200 if it breaks down. The latter would have it testing the diagonal support that began at the 8/13 low. OBV has continued to rise on the 4H even as price has consolidated which suggests that we may see price moving higher. Taking a quick look at the 1D shows price pushing up against the horizontal red line near $6625. This red line is the equilibrium of the 11/6/2017 weekly candle and has provided resistance/support throughout this corrective cycle. A push through that should send price upward as the noted patterns suggest. 1D RSI is bullish at 50 and MACD is nearing a bullish cross over the zero line. OBV shows a steady rise since 8/14 as it nears that ascending support line. Traders can also find a $14 gap on the 1D between 5/10 and 5/11, as well as a $26 gap between 1/15 and 1/16. These are gaps that will most likely be filled at some point. There are no similar price gaps below the current level. Finally, price is sitting on the 4H pivot and just below the 1D pivot. As a result of all of this, and the things we have been discussing for months now, I believe price bias remains bullish. This doesn't mean traders should just be throwing their money in long, however. They must still develop their trading plans, complete with confirmation levels and appropriate risk management. We never trade on opinions. Trading is borne of speculation, hence it is absolutely a game of risk management. If anyone tells you otherwise, run the other way.
BITSTAMP:BTCUSD
by Chris_Inks
4
ZENcashTrading ideasYou are late to the party at the moment, but not too late yet. There is a long term uptrend on ZEN that just had another higher low at our recent bottom. Lower time frames look like we should get a retrace, but have formed bullish trends on multiple indicators. 1hr CMF - just with bullish pattern though still negative, OBV in an obvious bullish trend and has broken sell pressure, Ascending triangle pattern forming too. Macd crossing bullish again. So after a pump we should see a retrace for a good buying opportunity as long as BTC does not kill everything. 4hr is all bullish, with indicators starting to trend high - retrace soon. 1 Day - this chart - is Extremely bullish. OBV turned up before breaking into below buying support. CMF in a bullish trend. Stoch high and curving back up. MACD low and bullish. A lot of good signals here. If I was not already in a position, I would be layering increasingly larger buy orders through the volume support from .0026 - .0021. I find it highly unlikely we will see .0021 again, but if Market makers want to accumulate more they may try to push it down once more so worth the low order. Targets: .0035 / .004 / .0045 / .0054 based on previous resistance and volume. Long term support now at about .00221 but a wick broke that by a long shot and came back up on the 27th. - So some super low orders just in case would be a good idea too. This is not financial advice. I am not your adviser. These are my ideas and what I am doing. Sharing for educational purposes only.
Long
by Nevermorejk
ETC – demand on the horizon - 700% earnings possibleHi Guys! We are back with bunch of good information regarding ETC. As you already have heard Coinbase (digital currency exchange and wallet headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide) has expressed intention of supporting ETC. They will start with so-called step4 which means seeing public APIs and other signs that asset is added. Once they finish integration and tests, they will announce officially in the next few months a launch date for trading on their platform. So we can expect to have a greater interest on ETC thus volume rises and price will rise of course too. Here is a bunch of other important events which will influence the price. This is going to be interesting year for ETC. 30.06 PoC of new StateDB layer & Emerald Mobile Wallet 31.07 Sidechains support in Emerald Project & Emerald SDK First Release 31.07 Radex will be the first decentralized exchange to be launched on ETC blockchain (delayed – was to be at the end of May 18) 31.08 JIT Compilation in SputnikVM 12.09 Second Annual Ethereum Classic Summit in Seoul 30.11 Fully IoT-compatible infrastructure of ETC(BIG THING) It is going to be very interesting summer with a nice summary in Seul in September. Looking back on the chart. We observed finished Elliot Wave short-term pattern (1-5;A-C). New cycle expected. When looking at the chart from the perspective we can see we have just started 3rd wave on the long-term Elliot Cycle. On Weis Wave chart we can see that demand was growing. No supply yet. GOOD. CMF indicator has just crossed 0 which is the sign of the price pression MACD – strong positive long-term trend. VERY GOOD. VWMA50 crossed We are very low at Fibonacci Scale Fibonacci Targets: Target 1: 0.0032868 Target 2: 0.0044939 Target 3: 0.0054696 Target 4: 0.0064452 Target 5: 0.0078342 Target 6: 0.0096110 Target 7: 0.0147133 (new ATH) Stop-loss: 0.0013355 So guys all we need is good news and volume. On the wave of good investment atmosphere we should reach the stars. :) Thank you for all your comments, likes and messages. You opinion is highy appreciated. If you don’t want to miss the update don’t forget to follow us. Huge hugs! WBM Team
Long
by WBM_Team
3
Bitcoin... Bearish Outlook Still, Educational Analysis Inside.Again for all the Bulls out there, I applaud you for the optimism but CONFIRMATION is CONFIRMATION. My confirmation of this bearish trend reversal is the Daily Ichimoku cloud break. (Senkou Span B or Lead 2 seen below) Daily (below) with Ichimoku, 50 & 200 MA. As can be seen we rest on the Senkou Span A (Lead 1) which has also wicked off of the Base Line in pink. (Kijun-sen) Volume is less then convincing on the Daily and the more we test this area the more we are likely to break below . There are no Volume divergences showing on the daily and the sell off generally matches on smaller time frames. The only way we pick up into the cloud is if the Chaikin Money Flow and On Balance Volume ( See past posts by me for tutorials on how to use them ) show a heavy increase matching the prior rallies into the daily Kumo. It is entirely possible but Technical Analysis requires you to use the data in front of you. Watch for a Chaikin Money Flow and On Balance Volume increase on the 4 hour and above to spot a daily increase early. The 12 Hour below shows a Bearish TK cross on the Ichi that happened around 41 hours ago. The daily 50 & 200 Moving averages crossed Bearish March 30th on the daily. The 12 Hour has crossed back and forth but are beginning to merge closer yet again for a bearish move. However these are extremely lagging in relation to Bitcoin's movement and I expect a drop to transpire before that takes place as usual. The 6 Hour below shows us a semi formed Bearish continuation pattern, Volume has had a slight uptick but needs more to pull out. The Stochastic and Relative Strength Index still have some room to drop. The 4 Hour below. One thing I have noted personally is we wicked off the 4 Hour Conversion line (Tenkan-sen) in orange when the market became semi overbought. I say overbought because there was no real volume to match the slight rally. (Perfect spot if you were watching to set a short position.) On the Hourly below everything generally matches as far as divergences go, The Stochastic shows a slight variance but nothing noteworthy. Buy pressure is picking up on the Chaikin Money Flow so I do see it entirely possible that we touch the top of our triangle which sets up a entry for a short. Conclusion I base my entries and trends off of confirmation, many traders take one indicator and use that as their confirmation, my ultimate confirmation as mentioned above is the daily Senkou Span B or Lead 2 break. From there we have very little stopping us. BITSTAMP:BTCUSD I am looking for a break down from our current price of $8,270 to $8,150 and then down to stronger support at $8,000. We sit right at a key level that needs to hold, once those targets are reached I will reassess my current positions and see if there are any short term Bullish movements. Until then I remain Bearish and if we break down below above mentioned support then I expect a retest of $6,500 fairly quick. Since I have been riding this position for a bit my take profit is set at the top of the triangle at $8375 in case we break bullish. ALWAYS USE STOPS AND TAKE PROFIT ORDERS. Slap a like and follow on this for me even if you don't agree. :)
BITSTAMP:BTCUSDShort
by Nick_Core
71
Chaikin Money Flow (CMF) Chaikin Money Flow (C.M.F.) Definition Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any look-back period can be used. However, the most popular settings would be 20 or 21 closes. In the Chaikin Money Flow's value fluctuates between 1 and -1. C.M.F. can be used as a way to further quantify changes in buying and selling pressure and can help to anticipate future changes and therefore, trading opportunities. Chaikin's Money Flow's value fluctuates between 1 and -1. The basic interpretation is: When C.M.F. is closer to 1, buying pressure is higher. When C.M.F. is closer to -1, selling pressure is higher. Buying and Selling Pressure can be a good way to confirm an ongoing trend. This can give the trader an added level of confidence that the current trend is likely to continue. However, just becaue buy/sell pressure is in favor of the current trend it does not mean that levels shown can sustain the direction if it is advancing or declining into the opposite direction. During a Bullish Trend, continuous Buying Pressure (Chaikin Money Flow values above 0) can indicate that prices will continue to rise. During a Bearish Trend, continuous Selling Pressure (Chaikin Money Flow values below 0) can indicate that prices will continue to fall. The C.M.F. is designed for use with the On Balance Volume (OBV) and Chaikin Oscillator in addition to other volume indicators. See: www.tradingview.com(CMF) Example In this example, I will focus on a Bearish scenario since most traders tend to be able to spot Bullish scenarios easily. As can be seen on the 6 hour chart above, the divergences are typically pretty clear. At the C.M.F. peak shown by the vertical red line, we had a nice rally prior. At the C.M.F. peak we dropped for 18 hours and then started a new rally. At this point, the C.M.F. began to show less buy pressure that did not coincide with the new price high since its prior peak. In this case, I would monitor smaller time frames (for quicker reaction data) to see if the volume picks up. It did not; creating a drop to match the actual buy pressure decline. Move forward to the price action shown by the vertical blue line. We attempted another rally with less than convincing buy pressure on the C.M.F.. Price action created what some traders call a double top that could not be sustainable due to the declining buy pressure on the C.M.F.. For my settings here I have left the stock inputs at 20 and changed the view to area with breaks. Conclusion The Chaikin Money Flow (C.M.F.) is great for identifying hidden price movements. As with all indicators you should use it in conjunction with similar indicators (Volume based in this example) and also confirm on multiple time frames. The C.M.F. has been a great tool that I have used over the years to identify early price prediction and movement. I will focus on indicators best used in conjunction with the C.M.F. in my next few educational ideas. Click like on this if you would like to learn about more trading tools. Thanks!
BITSTAMP:BTCUSDEducation
by Nick_Core
19
Quick look at accumulation/distribution state and BTC uptrendsThe title really says it all. Just something I noticed. Few coins' price increases correlate so strongly with both steep increases in CMF, especially when the .2 barrier is broken. I won't claim bitcoin will see a new ATH in the next month or two, but this is one of the few indicators that seems to be turning bullish again. Keep in mind that the weekly MACD is just seeing a bearish crossover and we broke through the daily Ichimoku cloud straight towards hell. The future of the king of shitcoins seems uncertain.
by knowhatamine
1
₿itcoin Cool Down and Bull TrendSeeing some small divergences on the OBV, MACD, and RSI the last push on the Bitstamp BITSTAMP:BTCUSD and Bitfinex BITFINEX:BTCUSD 15 minute. TD count shows a exhaustion cycle coming to an end soon on the 15 minute but exhaustion cycles have been unreliable on ₿TC lately. Hourly and and higher time frames don't show the divergence but do show that a cool down is needed to at least the two local support levels shown on the 15 minute PINK support lines. Volume is your friend to find which one we bounce on so stay glued to it when we approach them. Bitfinex 15 minute indicators Bitfinex Hourly Bitfinex 4 hour I am expecting a cool down and then a continuance upward. One thing to note is the volume levels have remained on par with the rally as far as the CMF is concerned. We are seeing heavy buying pressure still but do show a minor weakness in strength. I never under estimate ₿itcoin though. 27k by Near Years
BITFINEX:BTCUSDLong
by Nick_Core
1
LTC Analysis and Volume LessonLTC/USD PAIR BITFINEX:LTCUSD wicked off of the first fib level, completely normal in my opinion. The Chalkin Money Flow (SURPRISE SURPRISE volume indicator :D) showed a decrease in buying pressure as the price moved up, creating a 100% predictable cool down and pull back. I don't expect LTC to come down too far before stabilizing. If the volume picks back up, then it will continue for a smaller push back to ATH levels if we see short-term mainstream interest continue. Our strength and momentum indicators are getting the much needed break they wanted for a stable price. I do expect a bit more of a drop before we continue bullish but nothing crazy showing as of now. LESSON: Momentum and strength indicators can be at the ceiling (topped out) and a price can continue to rise if the volume levels show no divergences, look at BTC or in the case LTC's rise on price but topped out Stoch and RSI. Volume showed the price continuance at $230 but began to reveal the divergence in buy pressure shortly after and making it clear around $300-330 (RSI and STOCH showed weakness too even thought the price continued up from the FOMO. Predictable 100%. Next time someone says "Oh the RSI is capped or the STOCH or such and such is capped we are going down", take a look at the volume indicators like a wise day trader does. ;)
BITFINEX:LTCUSDLong
by Nick_Core
3