DM Indicator
$BTC still alive! Road to 9K+ ? #SequentialDespite recent capitulation, BTC price is now close to interesting support levels on multiple timeframes.
Weekly:
The symmetrical triangle has held so far and the bullish sequential countdown is still in play.
Currently looking for a S13 exhaustion point at around 9300 USD could also coincide with another touch of the upper line of the symmetrical triangle.
Daily:
The 6 months bear channel finally broke up on Jan 06th after reaching Daily C13 and S13 exhaustion points.
BTC then struggled on TDST Resistance (Red dotted line) and formed a noticeable H&S Pattern
4H:
An ascending triangle has recently been formed over a shorter period of time with multiple exhaustion points.
It looks like it has broken up and now being backtested.
A close below 5700USD would challenge this pattern.
A solid close below 5250 would mean lower lows are likely...
Enjoy!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
TD Sequential (TDS) Levels with Modified Schiff Pitchfork (MSP)This is a great example how forward looking indicators, when used in conjunction, can provide the most accurate support and resistance levels. While most indicators are lagging, projection indicators that help define major price pivots are predictive. MRNA ran into the upper MSP boundaries and has been trading between the bands with TDS lines from prior signals providing as additional support.
Buy BitcoinBuy Bitcoin. See new post.
1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.
Buy BitcoinPrivate posts over several days.
Short-Term Bullish Perspective>
- 0.5% retracement of previous tall white 4H candle ws 8500. This was hit, buy orders were triggered. Nison Fib training explains that a strong market shouldn't have price fall deeper than 50% in these circumstances. The Weekly chart is absolutely bullish, suggesting that any pullback should be short-lived and overcome when the main trend continues.
- Retracement happened at logical level per TD Sequential and Daily Nison horizontal resistance. This was in the books, not anomalous.
- Price pulled exactly into PB%J strategy SMA 10 sweetspot. Deeper Sweetspot is at 8000 level, so that is the next excellent buy order entry level.
- m15 chart has several hours ago printed a TD 9 Buy signal, which occurred outside BB oversold band. Current candle paints Aggressive TD Countdown (13) Buy signal, along with a 12. The next candle will be a Sequential 13 Buy signal.
Short-Term, I see us having a rally now. 8900 is an area to watch out for resistance, this is m15 PB&J EMA 30 resistance. I'm supposing that a failure to overcome this level with volume may be the cause for pullback deeper into the 1D PB&J EMA 30 level at 8000.
H1 9 Buy Setup is in m15. This adds weight to a rebound now.
m15
H1:
Nison PB&J Pattern: Shadow-30
Timeframe: 6H
Causes:
- PB&J (SMA 10 / EMA 30) Golden Cross.
- Pullbacks into sweetspot confirmed demand zone of moving averages.
- At COP (Change of Polarity) support.
- Lower shadows show demand under EMA 30.
- ~Hammer has increased volume compared to previous candle.
- Several following low volume, Spinning Top / Doji candles.
Effect:
Breakout attempt of prior resistance ($9,188.10).
Nison PB&J Pattern: Low Vol - High Vol (Squeeze)
Timeframe: 6H
Remember to focus on the Weekly perspective!
- Nison SMA 3/12 Golden Cross
- DeMark 2>1
- DeMark trend is bullish and heading to complete the 13 Sell at $10,800.
- Fishers are bullish as fuck
- DMI's ADX is gonna blow once it flips over 20. +DI > -DI
An Ongoing Study of Entries/ExitsIf you wish, you may consider following this Trading Idea. Here, I will attempt to focus on doing entry/exit analyses using specific trading strategies/methodologies. This Trading Idea will contain both focused and current chart analyses. My intent is to keep the content as clean, concise, and educational as possible. Please feel welcome to ask questions or contribute suggestions.
Historical Study :
Steve Nison:
- Candlestick analysis
- COP (Change of Polarity) breakout strategy
- Fibonacci Retracements
Tom DeMark:
- TD Sequential analysis
Arrows = Entries/Exits
BXB on the edgeBXB is hanging in there by a thread.
Note that the lower high and lower low, as well as the completion of a Demark Sequential sell countdown prior to reaching the support level after breaching the previous buy support level.
Breaching through the buy set up support would be a substantial lower low and could see a run much further down.
PME bull trend with DeMark Sequential levels on displayPME's uptrend over the 9 months of the start of the year is illustrated by the repeated completion of 9 count Demark Sequential sell setups, without a single completion of a 9 count buy set up over that period.
PME has recently completed its first 9 count buy set up, resulting in a run up of over 10% in the space of 3 days, which was well contained by the existing trend resistance line with strong sell pressure giving a long wick on today's candle.
Note that the resistance established by each of the sell set ups during an extended uptrend tended to be broken early in the 9 count.
Note repeated attempts of RSI to break its very low moving average being contained by strong sell pressure.
XRPUSD - BUY SIGNALS (credit Dmitriy Lavrov)XRPUSD:
- Nison Change of Polarity (COP) strategy target is 0.256.
- Nison Trailing Stop strategy target is dead cross of MA 3/12.
- Nison 'Trading the 9' (MA 9/20/50) strategy entry is bullish reversal onto MA 9 support.
- Tom DeMark Sequential strategy is entry on 2>1.
BTC Overview: Potential Buy Signal1/3
2/3 See red fingers on right chart for a bearish perspective:
- Weiss Wave's remarkably high volume (histogram) at peak suggests fomo buying.
- CCI identified this extreme condition and reversed.
- This occured at Fisher Transform 3.0 deviation and BB upper band.
- Renko bricks are below iFish MA.
- Price is below 7500.
3/3 Buy Signal if 1H Renko Traditional w/ 60 Box Size Fisher Transform (Fisher line) finds support and reverses from zero line. You can set an alert on Fisher crossing 0.
$XAU #Gold Acceleration to the downside likely #SequentialHi Everyone,
Gold has entered a corrective phase leading to the likely formation of a bearish channel.
We also observe a descending triangle that broke down on November 07.
The bearish target of the descending triangle also coincide with the bottom line
of the bear channel and a price cluster previously formed during July @ around 1400 USD
The bear move is likely to accelerate within the next hours as the sequential countdown has just reset on the 4H chart.
The reset is induced by the extended 9 SETUP which generally leads to an increase in volatility.
The Weekly chart is still indicating higher prices after this expected correction.
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
$BTC Second Target Reached #SequentialHi everyone,
The previous exhaustion point was too weak to reverse the price
It only formed a short consolidation pattern (Bear Flag) before another drop.
Now BTC has reached the second bearish target (on BITSTAMP)
The price is currently printing an exhaustion point S13 + A21 on daily chart and a S34 on the 12H chart.
These new exhaustion points should now lead to another consolidation pattern or a needed bounce as price is quite oversold now
Warning Points:
BTC is still in a bearish channel
A touch of the bottom line of the channel is still possible
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
$BTC First Target Reached #SequentialHi everyone,
Today, BTC has finally reached its first bearish target on COINBASE.
The price is currently printing an exhaustion point S13.
On BITSTAMP, this same exhaustion point is still at $7.470.
(There is a countdown shift between the 2 platforms so it is difficult to rely on a single target.)
Yet, the COINBASE exhaustion point remains a valid entry point to test a long.
It also coincides with multiple exhaustion points on the 6H chart (S13-A13-C13)
We should hence, observe a bounce in the next hours
Warning Points:
On the 4H chart, the bearish countdown has just reset indicating a possible bear continuation
If the bounce is able to mark a candle's low above 8508 or complete a new Sell SETUP, then we could get rid of it.
On the 12H chart, the next exhaustion Point S34 is also matching the BITSTAMP exhaustion Point S13 at $7.470.
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
Bitcoin - Buy The PanicCHART 1: BACKGROUND
Demand was found $7,435 Sull Sash / 0.382 fib support level and
reversed 40%, forming a Bullish Engulfing Pattern.
This support level has been sufficiently confirmed enough to
warrant the assumption of a higher low formation, leading to a
test of $12,505 Bear Sash resistance.
We can assume that we are in a box range and moving to confirm this
fact via the second testing of resistance.
The second confirmation of the box range support broke out of
Phi EMA 144 resistance.
Panic sentiment is building as we near this test of support.
Let us recall the wise adage: buy the panic, sell the greed.
CHART 2: PANIC BUILDING
$XAU Daily uptrend analysis #Sequential #GoldHello everyone.
Gold remains in a bullish trend and found some exhaustion points recently:
- S13 and A21 on 08/08
- C13 on 08/13
- Nested S21 on 09/23
Despite these last exhaustion points, the daily main bullish sequential countdown has not been invalidated.
This bullish countdown is currently on a bar 5/13 and its last increased bar was on 09/04.
With the remaining countdown bars, price could then reach once again the upper limit of the bullish channel.
For now, price is forming a small consolidation pattern (blue), which looks like an ascending triangle.
If this pattern fails, the price could fall in a wider pattern (gray falling wedge) and find first some support on the middle line of the channel.
The TDST Support is @ 1400 USD and could coincide with the lower limit of the channel, so this is also a level to watch.
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
Playground: probabilistic estimation of depth of the retraceI think many among you already know about Tom DeMark "TD Sequential" method.
Here i'm applying that in some pretty unorthodox way, because i find it fascinating.
Let's find the longest weekly sequential strips, as the longest one ever came just into spring 2019.
Let's check what happened AFTER their blow, let's see how deep they retraced.
Let's collect some statistical data we can use for some (pretty basic) trend speculation.
Historically we had just 7 TD sequential strips lasting more than 9 weeks, only 4 lasting more than 13.
The longest strip EVER ( 23 weeks ) just ended in July.
So what can we presume now, given the past examples of long strips retrace ?
Considering just basic FIBs (0.5, 0.382, 0.236), history told there was a straight 100% probability to hit at least 8600$ (FIB 0.5 calculated on the whole strip).
Infact all the 7 previous strips retraced AT VERY LEAST to their own FIB 0.5.
Recent price action confirmed this was true also for the latest strip, so let's move on.
Now there's still a 57% probability to have some weekly close under 7350$ (FIB 0.382), but also a 72% chance as well that price WON'T close a week anymore under 5800$ (FIB 0.236).
This is pretty interesting, given price got down to 7700$ already.
Speaking of wicks ( or intra-week lows ) there's still a 85% probability to see some wick under 7350$, 57% for under 5800$ lows.
That's some pretty high chance of a deep failed low, maybe with a swift recovery on weekly close.
However if we consider only the longest strips ( red squares, longer than 13 weeks ), the probability of a dip under 7350$ is just 50%.
25% chance for some sub 5800$ low.
So after all a dip, if that's the case, may be less severe.
If so all the 7 thousands range would be a pretty good accumulation zone.
---
That's what this pretty small set of data data tells.
So dig into past and look for advices, do your own diligence.
Obviously Future != past , but often it makes a rhyme ...
Have a nice weekend.
** THIS AN EDUCATIONAL AND SIMPLIFIED POST, NOT A TRADING ADVICE ***
$BTC Testing the channel upper line #SequentialHi Folks,
BTC has now reached the upper line of the bear Channel .
On the Daily chart the outlook is still bullish :
- Sequential countdown is on candle 7/13
- Price is now above TDST Resistance
On the 4H chart the outlook is now bearish with some warning signals:
- Exhaustion point A13 and S13
- Rising Wedge Pattern
The 4H Sell Setup is only on bar 5/9 so we could continue higher.
I am more confident when Exhaustion point S13 appears at the end of the Setup count to confirm a reversal.
I am neutral at this stage as we have opposite signals over these 2 timeframe
Keep an eye on the 4H chart and observe price reaction After S13.
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension