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Doji

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
Bitcoin Analysis It is fairly simple, volume moves (and predicts) price action. The current rally shows the following: Starting on the 11th, the C.M.F. (green), A.D.X. (yellow), and C.M.F. osc. (peach) showed volume coinciding with the price rally, however yesterday we began to show a decline in overall buying power. We have hit the daily Kijun-sen (Base Line in pink) and continue to linger there, in the past we have wicked above it and still reversed. The Senkou (bottom of the cloud) sits right above the base line that acts as additional resistance. If volume matched the recent increase of price then I would not be worried about either. Also the Stoch and R.S.I can be viewed. Below that is a expanded view of our volume indicators on the hourly. (Note I changed the C.M.F. inputs to 50 to give me a more detailed look) The 12 hour shows exhaustion on the T.D. sequential. This T.D. indicator I have showing is a modified version (better) that Tone Vays created. (www.tradingview.com) However there is no other sell signals on any time frames as of this writing from the T.D. sequential. Below is the short/longs comparison on Bitfinex, longs are fairly heavy and can act as fuel for my short position. It does appear the rest of the market is starting to realize what I have been watching and adjusted their position as longs have decreased and shorts increased (slightly) in the last 12 hours (too late). Conclusion Multiple time frames show the Bollinger Bands capped, crypto generally doesn't care about the B.B., but it is something to take note of. Volume is not holding on the buy side, in order for us to continue a rally past the daily Kijun-sen and into the cloud we would need to see a large increase in buy power. In my opinion this is a perfect storm for another reversal, the 50 day moving average is one spot to watch for a bounce and potentially close any bearish positions, I will be monitoring volume there (as always). Below that we have the daily Tenkan-sen (Conversion Line in orange) that acts as support. As a note there is other potential bounce points to watch on smaller time frames, in this idea I am sticking to a larger view of things. I have been filling short positions and setting my stop loss just above the cloud Senkou leading span on the daily ($9,250) in case volume increases and I am not monitoring it. Slap a like and follow on this for me, even if you disagree. That way when I am wrong everyone can see in trending ideas.
BITSTAMP:BTCUSDShort
by Nick_Core
38
Potential Long opportunity for EurGbp?The EurGbp has been moving sideways since September 2017 and price is boucing between 0.8720 and 0.8967 key levels. A long tailed Doji or I would considered it as a Pin bar was formed on last Thursday, rejecting the price from the 0.8720 key support. The Pin was followed by another bullish candlestick, which complete the classic "Morning Star" pattern. My position : Entry : 0.8738 SL : 0.8643 TP : 0.8881 *** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. *** *** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Long
by M-royce
BITCOIN: TIME TO SURGEHere’s a daily BTC chart. As you can see, i draw two big boxes, a red one and a green one. They represent where the direction towards which BTC should go and should NOT go in order to have a bullish/bearish market. In other words, the moment BTC breaks the red box, we can be sure that we are in a BULLISH market, if it goes below the green box, we are still in a BEARISH one. All the sideways movements inside the two boxes cannot tell us in which market we are. Even strong bullish signals could just be FAKE. Today BTC is forming a DRAGONFLY DOJI/HAMMER, both are strong bullish signals. But, of course, we need a confirmation in the next 1-2 candles. The blue line is a convergence line, and the green lines are possible targets in case of an uptrend. Generally, BB, CCI and RSI pattern can confirm that an uptrend CAN happen. In this case, we will see a crossing in the MACD pattern. Trade with your brain Brainsignals Team
by Brainsignals
SPY Breaks above triangle, suggests continuation higher!After Friday's strong session, SPY has broken above its triangle which suggests a continuation higher towards $286 high's from early Feb. This rally has been on relatively low volume so caution is necessary. Today's Doji candle is concerning but weekly charts look strong. Use options to take bullish bets in this type of markets where options are cheap and you can limit your risk with Call Debit Spreads. Example: SPY April 20 278/289 Call Vertical @ $386. See this trade here: app.optionsplay.com What's your next OptionsPlay?
AMEX:SPYLong
by OptionsPlay
Bitcoin chart is bearish?According to candlestick charting criteria, we could determine a few signs of bearish implication (reversal patterns): 1. Hanging man candlestick (could be interpreted as dragonfly doji) 2. Shooting star 3. Double top as a strong reversal pattern (blue dotted line) And an additional bearish sign: 4. A decrease in price volume These are enough signs for pattern reversal but, bear in mind, candlestick charting technique cannot say how long will reversal trend lasting. Finally, this is not financial advice. Remember to always do your research before investing.
BITFINEX:BTCUSD
by Dinore
Bullish Long-legged doji MonthlyLong-legged doji is a candle with long upper and lower shadows and a small real body. The pattern shows that there is an indecision between the buyers and the sellers, and that the market is approaching transition period. Long positions can be taken in case of Bullish Long Legged Doji, once high of the candle is exceeded. Shorts can be initiated once the low of the candle is broken, in case of Bearish Long Legged Doji. Bullish: Bullish Long Legged Doji has very long shadows on both the ends. The patterns shows indecision of buyers and sellers. It is a bullish reversal pattern. In this pattern, market is in a bearish mood and is in downtrend. Then, a Long Legged Doji appears, which gaps in the current trend. This pattern requires confirmation by way of opposite move to the prior trend on next day. Bearish: Bearish Long Legged Doji has very long shadows on both the ends. The pattern shows indecision of buyers and sellers. It is a bearish reversal pattern. In this, market is in a bullish mood and is in uptrend. Then, a Long Logged Doji appears, which gaps in the current trend.
BITFINEX:BTCUSDLong
by YuyuCoyotte
2
NZDUSD 15M Short | Evening Star Pattern & dojisCandle Pattern: Evening Star Trend: Down Trend Entry: With Trend TP/SL Ratio Target: 1 to 1 Estimated PIPs: 10 Fib Entry: 61.8% Fib TP: 61.8% Stochastic: overbought Inside EMA/SMA zone: yes BB: midpoint Notes: morning star, entering after the breaking the green up bar spotted possible downside move after spotting several doji's prior bolinger mid band entry, looking for a move to the downside lower band might see a band ride to fib extension 1.382
Short
by ironcondor
Bullish spinning top doji signal ling a trend reversal?We ended the last 4 hour candle with a green bullish spinning top doji, which is typically indicative of a bullish reversal...so far the follow up candle has been acting bullish..it will need a little volume swell to really validate the spinning top but being that it occurred after a long downtrend close to where we are already anticipating the bottom of the inverted head and shoulders 2nd shoulder, has drifted far enough from the tline that its due to start drifting towards it, and is currently being followed up by a green candle and increased bull momentum, I think its most probable that we will see some temporary upside on at least this next candle. currently the 50 and 200 EMA have yet to cross so that is a good thing...there's a chance they may not even touch but they are currently as close as you can get without touching.
BITFINEX:BTCUSDLong
by DrDovetail