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Doji

WARNING! STOP BUYING BITCOIN! AND ALT COINS! SELL EVERYTHING! If you take look at this monthly chart. There is a huge Doji following a sell signal on BITCOIN chart. Get out! If your scalping for profits then Ok I guess. Wait until BITCOIN come down to $1000-$1100 then buy up everything. Do you think a bank would buy in the middle of a selling trend. NO. Buy lowest average price and sell high. You have been warned. Wait for atleast four or more bullish candles in a row on the bottom beginning leg. Then look for long term entry. Bearish Bank by one bull on monthly. See for yourself. You have been warned! lol
BITFINEX:BTCUSDShort
by AlphonsoElliottJr.
12
Resurrection of IOTA, aka Jesus Reversal DojiOn the weekly timeframe we have a nice double Jesus Reversal Doji. The entire cryptospace was very toxic in the last year with its greed - a deadly sin. Many people who were in nice gains (including me) wanted still more more profit and their greed was growing parabolically with the price of BTC and other cryptos. God has warned us with this crypto crash and many people lost more than they've gained, but now here we have Jesus willing to save us and give us hope and bring back the belief in the IOTA poject. From the fundamental perspective Jesus smells the incoming TRINITY desktop wallet and it seems that he really likes this project since he is waiting for it in pain, hanging on the cross for the second week. Now let's just cross our fingers that the price will close at the end of the week with the christian cross. There are still many days to go and it can still turn into satanic cross (pointing downwards), but if we keep praying all together I belief we can see some light soon. And do not forget about the importance of a single lighted candle. Here is one nice trading quote from Buddha, regarding shorting lighted candle. “Thousands of candles can be lighted from a single candle, and the life of the single candle will not be shortened. Happiness never decreases by being shared.” ------------------------------------------------------------ ***** This is not a trading advice. Please invest responsibly *****
BITFINEX:IOTUSDLong
by zorino
2
NZD/JPY LongSee trade above for a reversal strategy on the selected pair We are over extended to the downside approaching a key long term supportive price of 72.500 We have deceleration at this point and a doji formed on the daily chart Entry Triggered @ 73.250 SL : 72.250 (100 Points) TP : 75.000 (175 Points) Please remember to only risk 1% of your trading capital per trade, this strategy has a 68% strike rate which we allow to play out over time, so again please do NOT risk more that 1% of your portfolio per trade. We also have so added confluence of the key fib line matching up at the 72.600 rejoin to give extra support. Good Luck Traders. I will update as we go...
Long
by MarubozuTrader
THETA about to make a move?Aside from the strong fundamentals on this coin, we can see a falling wedge pattern on THETA. With the number of falling wedge patterns, I do consider whether it is time to begin accumulating alts again. With regards to the THETA chart, the spike in the volume that formed a doji candle (indecision) has caught my attention. A break above this candle could trigger a strong move out of the the falling wedge pattern to our initial profit target at the 38.2% Fib. Stop loss orders below the swing low after the trigger. Set your alerts for a possible strong bull move. Please give this trade idea a THUMBS UP and I will keep you updated! Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Long
by hedgewithcrypto
2
Bitcoin at a crossroadThe next 24 hours will be critical to know which way Bitcoin is headed. I'm slightly more BULLISH for the following reasons: Bull flag pattern appearing with a projected target at Point (D) that confluences with the psychological key number of $8,000 Inverse head and shoulders pattern still in play with a target at $7,688 Weak retracement from the supply zone, that is multiple short candles on the way down (so far) A break of the supply zone with volume will be epic and we will see a candle straight up to the target. This will probably be a FOMO push and will reverse rapidly at this point. It is also possible the supply zone will hold and price will drag lower. On the smaller timeframes , there are already signs appearing that a correction is in need. Grind lines and rising wedge patterns can be observed. Therefore, it might be better to sit on your hands or wait for the BULL FLAG pattern to activate before entering long. There is still a way to go to the top of falling wedge trendline on higher time frames. This is a BEARISH pattern so this resurgence should be taken as a correction only until proven otherwise. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BITFINEX:BTCUSDLong
by hedgewithcrypto
1
TRXUSD not breaking yetThe price looks unlikely to break this wedge, this has been confirmed by the strong doji which had appeared on the 4h graph as the price touched the resistance level of the wedge. The price formed a doji and has started to move down, the RSI was also at an overbought level as the price tested the resistance level. The price is currently retracing and the RSI is positioning itself. It is not very clear which direction this pair would breakout, we would have to wait and look for a better confirmation. I will update this post if I spot anything that may signal the future direction of this pair.
BITFINEX:TRXUSD
by JohnnyPurtoy98
Past history candlestick analysis for Hartalega On March 8, 2018, an Inverted Hammer + Bullish Engulfing appeared, signifying a change to the down trend. This is further confirmed by the support line in blue. Stock rallied for roughly a month plus until April 12, where a Hanging Man appeared (Note the Hanging Man is not as potent as a Shooting Star, but it still gives the signal that the bullish trend is coming to an end). The trend then start to change. Stock goes downwards and tumbled, until a bullish engulfing pattern emerges on April 25 - 26. Interestingly, this happened 3 times! Triple bullish engulfing pattern! This also serves as a support line, which supported the price level on June 28 - 29. Stock rallied up and hit a bearish Harami pattern on June 11 - 12, signalling that bull has lost it's momentum. Stock drops and hit the support line where a bullish engulfing pattern appears, and then goes upwards until it hits a Doji on July 2. Market comes to a neutral tone and market is unsure to go up or go down.. in the end it goes downwards. Price could go further down until it hits the support line and change upwards, depending on the candlestick formation at that time. If it goes down it would hit the second support line formed by the inverted hammer. Notice the MACD histogram is showing an upward trend, signifying an uptrend of price.
MYX:HARTAEducation
by antaeusguy
Waiting for the breakdown on BitcoinSo on the larger timeframe Bitcoin has broken out of the rising wedge pattern, confirming further downside pressure is expected. I'm now looking for trend continuation trades to ride the wave should it continue as it's the higher probability trade. A smaller rising wedge pattern has emerged on the lower timeframes that has peaked my interest. I'm waiting to see if we will get another re-test of the upper trend line. A short pop above with RSI divergence would be very enticing. Otherwise, I'll take a trade on the break of the trend line using a stop-limit order to target the 38.2% retracement of the swing move from near $5,700 area. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BITFINEX:BTCUSDShort
by hedgewithcrypto
ETH - Weekly Price AnalysisRight now the price is moving down a bearish channel yet has been respecting the bottom trend line as well. The kumo is sitting between the 0.382 and 0.5 fib levels acting as resistance. Kijun and Tenkan are also acting as resistance and their horiztonal movement tells us the market is accumulating. The stochastic had a bull cross that looks to be a failed signal as it met past resistance and was not able to break it. However, the signal line is still in an upwards trajectory and the current dojis from todays candle as well as yesterdays indicate indecision on the traders part. TRIX is fluctuating up but hasn't had indicated a buy signal yet. My weekly high and low projection for Ethereum is: Low: 453 High: 549
BITFINEX:ETHUSD
by SpektreSignal
the doji stormhello a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal. secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation. Let's see how this plays out given #btc however looking at the similar indicators of #btc at the point of posting, some uptrend movement expected after a few days of down movement. GL
S
by HerbHash
XBTUSD Falling Wedge Outbreak, Doji with High Volume - BTC BackThe pull back of yesterday could be over! We see a huge Doji candle with a high volume which indicates a reversal. This Doji formed at 50% fibonacci level --> Bounce off this support level. Additionaly we broke thru the down trend line of the falling wedge. This gives us also a signal to go long. RSI stopped going down and shows us a consolidation. DMI shows gives us the same signal. If we break thru the double bottom neckline on 30min Chart at 8900 we should expect a continuation of the uptrend for short term which will tell us if the up trend on 4h has enough power to go further. Here the 30min Chart:
KRAKEN:BTCUSDLong
by TimmiHendrix
Iota makes little correction before new highs.Iota successfully hit 1.99 resistance and it is giving a reversal signal. Doji candle has been formed , RSI shows overbougt and Macd MA-s are crossing, so we have good signal to short on correction now. reversal for buy point is at 1.80 level, because it is already Fibo Zone and there is strong support Line, for this time RSI and MACD will be in a good position too. next target price is 1) 2.14 and 2) 2.31 according to Fibo.
BITFINEX:IOTUSD
by Lasha-GiorgiChivadze