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Coppock Curve

KOINUSDT - Coppock Curve (Slow Waves)What is the Coppock Curve indicator? + Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation. + The indicator is designed for use on a monthly time scale (can be effective on weekly, depending on asset). It is the sum of a 14-month rate of change and 11-month rate of change , smoothed by a 10-period weighted moving average . + A buy signal is generated when the indicator is below zero and turns upwards from a trough. The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established. About Koinos AMEX:KOIN : + fair launch via mining on Ethereum network, no VCs + migrated to its own layer 1 blockchain late 2022 + completely community ran and funded + mined virtually via Proof of Burn (PoB) + the devs were the core devs from Steemit blockchain that left after Justin Sun's hostile takeover + the blockchain does not need to be forked in order to be upgraded due to it's modular design Cheers! Enjoy the ride~
Long
by fifty2kph
BTCUSD Monthly - Coppock Curve = The Perfect Buying IndicatorWhen Will I See You Again? and Patience is a Virgo TL; DR - waiting for the Coppock Curve indicator to hit 0 on the monthly chart has proven to be an excellent move so far for long term buying of BTC. What is the Coppock Curve indicator? + Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation. + The indicator is designed for use on a monthly time scale. It is the sum of a 14-month rate of change and 11-month rate of change , smoothed by a 10-period weighted moving average . + A buy signal is generated when the indicator is below zero and turns upwards from a trough. No sell signals are generated (that not being its design). The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established. Here is another idea I published back in Jan 2019 regarding BTC and the Coppock Curve (click to open): Any counter arguments or praise for my ego, please leave in the comments below. Thanks for reading.
BITSTAMP:BTCUSDLong
by fifty2kph
4
Beyond Meat is waiting for a trend It is at a very strong support level at $130-120. It has strong resistance at $200 and has yet to touch its all-time high around $250 (it will eventually). 3 major oscillators are at the oversold point (buy signal). It is waiting to start a trend after spending almost 1 year trading in the same range (120-200). I see no way that it will continue to fall unless something extraordinary happens that impacts the markets as a whole. The chart is on a logarithmic scale and on a daily candle. NASDAQ:BYND
NASDAQ:BYNDLong
by amateur_trad3r
Pullback On The Way? Rejection Wick On Week ChartI've been surprised that BTC has gone so far without any real pullback. I've been scalping long but haven't taken nearly as much as I should from the markets since I was cautiously expecting a pullback and have not held my winners as long as I should have. It is now forming a large rejection wick on the week chart which means it it probably getting ready for the pullback I've been waiting for. It may take a month or two for it to play out. Maybe the 2nd half of August. When it does and forms a rejection wick to the downside I will be getting in long with large size. I think this is a bad place to be making any trades other than tiny intraday scalps because it is likely to start a large choppy countertrend move. I also think that since all the pundits are talking about $100k bitcoin and the like that this is about the point in the cycle where the sheep buy at the top. So, I would really be VERY CAUTIOUS with this market and only trade with tight stops if at all.
BITSTAMP:BTCUSD
by mljones
+50 On Weekly Coppock Curve - Looking For Hammer Bar(See the link below to the 6 point checklist for what I'm looking for in a validated bull market.) I've been scalping alts long with success and have a long bias on cryptos in general. I am not yet ready to buy and hodl for the long haul yet because I'm still waiting for a bullish downside rejection wick hammer bar on the weekly chart to clear out stops to the downside and open the way to a higher breakout. I am especially bullish on eth and actually have been buying a bit of that for hodling purposes, however even on that I expect a bit of downside before we really see some true upside.
BITSTAMP:BTCUSDLong
by mljones
6 Point Checklist For Dollar Cost Averaging BTCHere's a plan to start buying BTC gradually on a dollar cost basis without trying to time the market precisely. BTC has historically moved in booms and busts with the max drawdown from the prior top being at most 95%. This is the main reason I'm kind of expecting another leg down to the $1k to $2k region. BTC has also always printed a long rejection wick to the downside on the weekly chart before moving higher. It has not yet done that in this bear market and in fact the most recent long rejection wick was to the upside which suggests more downside action. BTC has also strongly responded to the Coppock Curve and in particular a cross above 50 after a long consolidation has been a great signal. It has not yet even crossed above 0 so that is not yet a signal to buy. Last time BTC consolidated it also ended up making a highly symmetrical price action pattern with a mirror centering around May 14 2015, in the middle of the low volume trading season of the summer. This gives the following checklist: 1.) Max drawdown 95% at $1k? - No 2.) Max drawdown 90% at $2k? - No 3.) One year Coppock Curve below 0? - Yes 4.) Coppock Curve above 50? - No 5.) Printed large downside rejection wick on week chart? (HIGHLY IMPORTANT) - No 6.) Symmetrical consolidation price action pattern? - No Of all the things on the list I am most interested in seeing a strong downside rejection wick because that is a way to define a stop and also indicates a bottom is in. So long as it's continuing to find more volume to the downside it will be attracted to downside prices. A wick means no more volume to the downside and less reason to explore lower prices. So I am not yet ready to dollar cost average on BTC and will continue to scalp and swing trade. I will keep this list updated every few weeks or months. The summer may prove to be the best buying area for BTC.
BITSTAMP:BTCUSD
by mljones
FED rate decision vs technical analysisThe USD/JPY is currently in a weak symmetrical triangle pattern, this is also coincidentally where the 25 MA and the 13 MA look like they will be crossing over in the near future (I would moreover say 13 MA crossing above the 25 MA, indicating a bullish play). Also, the Coppock curve is positive, but is slowly reaching prior resistance, so this could mean a potential rebound if a bullish breakthrough occurs. However, a bullish breakthrough seems more likely since the Fibonacci 0.382 retracement line is providing support to the currency pair. On the other hand, the FED interest rate decision is tomorrow. So, if the volatility is high and there is a bullish breakthrough, I would be expecting it to be very short-term. If there is a bearish breakthrough, then I would be expecting it to be short-medium term.
by BlackbearTrader
Eth has the world's strangest volume profileThis thing is bizarre. The POC is 213 but the value area low is a mere 5.85. There was virtually no large money flow into Eth when it went parabolic. The volume/$ histogram show hardly any dollars coming into it past about $60. $50 might be a reasonable price for it given that's about the last time that it had volume coming into it. I am considering a short term long position on it due to a signal I have from a script. However if I make that trade it will only be a scalp. I would not consider accumulating eth for a long term swing until it's around the green bar. I will also consider a signal from the Coppock curve after eth has flattened out and consolidated for a while and is no longer falling like a rock on the week chart.
BITFINEX:ETHUSD
by mljones
Coppock Curve Weekly Study - Highly ReliableThe Coppock Curve on a week chart has produced only one false signal on BTC when you set the threshold to 50. It is best used for finding a breakout after a long consolidation, so it's not surprising that the one bad trade it signaled was not after consolidation. It did find the breakout at the end of 2015 that led to the run to 20k. Will be watching for a signal on this after BTC has gone flat for many months and it seems like people have forgotten about it. That could be the trade of a lifetime, especially if coupled with accumulating some alts that have been beaten into dust and have the potential to come back 100x. In the mean time I am looking for a pump before it dumps to 1k or 2k, so I will probably have a short bias most of this year.
BITSTAMP:BTCUSDLong
by mljones
BTC 10 more months down? Here we have BTCUSD weekly on log scale and Coppock on log scale too. Background: the last major correction started at ~ Nov, 2013 and finished Dec, 2016. It took ~ 1100days. Lowest was around its half, ~600 days. Hip: my biased prediction use the assumption that the current correction is similar to 2013-2016 in duration. (And yes, I might be wrong here.) Biased prediction of mine: - Correction started: Dec, 2017 - Lowest values might be coming around Aug, 2019. Momentums I use: -- if Coppock crosses its own moving average - Crossing MAe200 - Some bit more difficult linear + logistic regression modells So: I might be buying in under 4k, may be in mid-2019. This is NOT a trading advise, just my biased ideas...Use stop-sell, always calculate risk and try to avoid FOMO and learn about linear regression models. Criticism welcome!
BITSTAMP:BTCUSDShort
by bricoleurs
6
BTC under 3k in 2018BTC Short Here we have 1d BTC: - blue dashed line is simple linear regression (days/close price). - rainbow-line is Hull Moving Average 100 days. - green-red-line is simple moving average 400 days. - grey line is 800 days moving average, - middle green doted line (between the previous two) is weekly MA20-STDEV20 (see Bollinger Bands) - and than standard Coppock and simple SMI Ergodic Indicator. Looking at how events unfold at 2014, I think the downtrend is here to stay: - probably on the long run (meaning 2018), we might see BTC under MA800day, which means BTC under 3k in 2018. - as for mid-term (March-April-May) BTC might bounce back at ~6.5k and/or at ~5k. This is NOT a trading advise, just my biased ideas. (My advise would be: use stop-sell, always calculate risk and try to avoid FOMO.) Criticism welcome!
BITSTAMP:BTCUSDShort
by bricoleurs
BTC short to 6.5k and/or 5k?Here we have 1d BTC: - blue dashed line is simple linear regression (days/close price). - rainbow-line is Hull Moving Average 100 days. - green-red-line is simple Moving Average 400 days. - grey line is Moving Average 800days, - middle green doted line (between the previous two) is WEEKLY MA20-STDEV20 (see Bollinger Bands) - and than standard Coppock and simple SMI Ergodic Indicator. Looking at how events unfold at 2014 , I think the downtrend is here to stay: - probably on the long run (meaning 2018), we might see BTC under MA800day, which means BTC might be under 3k in 2018. - as for mid-term (March-April-May) BTC might bounce back at ~6.5k and/or at ~5k. This is NOT a trading advise, just my biased ideas...use stop-sell, always calculate risk and try to avoid FOMO. Criticism welcome!
BITSTAMP:BTCUSDShort
by bricoleurs
1
ETHUSD longHere we have 8h ETH-USD, I think that ETH might be a good call to buy now, because - Coppock entered + - Volume is supercool - RSI seemed to leave lower zone - 8h Klinger and SMI Ergodic both OK - Supports (MAs) are OK. My tactics: - Buy in 1/3 @1070, 1/3 @1050, 1/3 @1030 - Stop sell : @1000 (3-7%, WA:5%) loss, or on volume drop - Exit 1/2@1300 (25%), 1/2 ATH+ (based on indicators), but before 14th of Feb This is NOT a trading advise, just a biased idea of an unpro, always use stops, avoid FOMO, calculate risk, and don't risk more than you can afford to lose. Comments/criticism welcome (preferably with reasoning)!
BITSTAMP:ETHUSDLong
by bricoleurs
BTC reasons to short Hard to tell whether BTC turns into bullish, or into bearish in the next 24-48h... My loose guess is bearish , because - 1d CCI < 10 - 1d RSI has not entered into the lower low zone (30ish) - OBV could not get back to before-dump level contra: OBV has get back to its EMA! if it falls, my guess for the bottom is 9k-ish, if it rise, I think about a kind of longer stagnation. This is NOT a trading advise, just a biased opinion, comments/criticism/contradictions (preferably reasoned) welcome!
BITSTAMP:BTCUSDShort
by bricoleurs
BCH might turn bullishHere we have 4h-BCH (Keltner 1.618, high ; Coppock; RSI; DMI). Based on: - Coppock is in + more and more - RSI signals we are not overbought - DI+ is over DI- at DMI - and also onbalancevolume has crossedover its emas (not visible on this chart) I think that: BCH might be supersoon ready for a ride back to 3000ish or more, probably cannot hold up there, but a pump is somewhat likely in my mind. My tactics: buy in 2500-2600 zone, stop sell 2300 sharp, exit 2900ish,3300ish. (Unless Coppock/RSI/OBV indicate(s) otherwise.) This is NOT a trading advise, just a guess of a non-pro. Always use stops, calculate risk! Criticism/comments welcome!
BITSTAMP:BCHUSDLong
by bricoleurs
2
LTC 2504h Coppock starts to be for more and more time in the + range, and also based on other basic indicators (short term RSI, DMI and OBV, see on the chart), I think, if LTC is able to break 250 in the upcoming hours/days and OBV remains cool, than LTC might be supeready for a good ride. I plan to buy in above ~250, stop sell ~220, and if OBV is good than exit 1/2 around ATH, 1/2 somewhat later (I like this coin, tech is pretty cool, and superfast -- i used it and experienced it.) This is NOT a trading advice, just a biased, personal opinion, trading-tactics-sharing: calculate risk (cryptos are superrisky), use reasonable stops (always!), check background technology, avoid FOMO and have fun!
BITSTAMP:LTCUSDLong
by bricoleurs
First 1 trillion dollar companyThere have been many disputes over the first 1 Trillion-dollar company. Many say it is Google or Amazon - on the other hand, I say APPLE. The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50. That’s a 14.1% increase from current prices. AMZN requires a 107% increase to reach 1 trillion. GOOG requires a 167.90% increase. So APPLE is the closest. Also, APPLE is currently in a flag pattern. The RSI is in the middle so there’s a chance for a price rise to overbought. Also, the volume peaked at the start of the flag and has been gradually falling, this further enforces the flag pattern, in addition, the 50 MA is providing support to the stock at the bottom the of the stock. The stock initially broken the flag pattern but then rebounded, this could be potentially showing a rapid rise in price in the future. However, the Coppock curve is going negative, so there may be a pullback before a rise.
NASDAQ:AAPLLong
by BlackbearTrader
BTC-Coppock is negative1d standard Coppock curve (10,14,11) has crossundered 0 -> I think, it might mean, that - unless a huge buying power comes in - a 15-30 days long downtrend might to come. During negative Coppock-times BTC used to reach Keltner Channel (1.618, 100) so extrapolating this (with low confidence), it may mean that this time BTC might go down and stay in the 8k-12k channel. Weaknesses of the analysis: - the "the average mourning period" parameter of Coppock might not be 11-14. Some even say that Coppock is fully invalid for cryptos. - the hype might change the trend, both coinbase and bitstamp reported the incredible number of people registering for crypo-trading, they might change the trend, bringing in enormous buying power. (Yet, even this case, I think that, down the line a real correction shall happen.) So my superbiased "CI" for this rough, biased estimation is ~0,6-0,7, low, because I have never seen a hype like this...however, this is certainly NOT a trading advice (I am not a pro), just a biased, personal opinion, trading-tactics-sharing. Calculate risk (cryptos are superrisky), use reasonable stops, check background technology deeply, avoid FOMO and have fun!
BITSTAMP:BTCUSDShort
by bricoleurs