EURAUD SETUP 1:4Firstly, I identified the general downtrend then looked for key support and resistance levels.
These levels were dynamic and consistent with the downtrend.
The entry was set at the first level of resistance with the TP being closer to the support level.
The SL was set at a key level where previous support had turned into resistance.
Dynamiclevels
USDZAR Long off dynamic trend line and previous untouched low Simple high risk reward trade off the dynamic lows and a previously untouched area of support. This trade could well turn into a nice swing trade if we see a break out of the downward wedge but can look at that if it happens. If I get a close today on the daily below the low then will close the trade.
$ZILUSD - Pay close attention to these levelsHello everyone!
Looking for another buy opportunity here
Two levels to watch:
L1: 0.79270 Major static and dynamic support
L2: 0.89970 Major dynamic resistance, Fibo 0.618
The pair is still above the support and MA100 and 200.
The drawings on the chart are to replicate the expected ABCDE correction movement inside the triangle, though no confirmation yet, like always best to buy when breakout is confirmed and best to sell when breakdown is confirmed.
ATOMBTC is trying to have a breakout 🦐ATOMBTC is trying to have a breakout from descending weekly resistance and daily static resistance.
IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SYSBTC nice 4h breakout 🦐SYSBTC nice 4h breakout, we are waiting for a retest and According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Crude Analysis: BTC to 8.6k USD to complete the bull-flag?BTC might come down to as low as the 61.8% level @ ~8.6k USD to complete the bull-flag -- continuing with the current downward parallel channel movement in the short (~2-3 weeks), before breaking up to continue with the bull market pump?
This level is a good confluence with my previous macro-view of the current BTC market cycle/phase using LIVIDITIUM dynamic fib-levels, see:
Where comparing with previous market cycle, price is expected to revisit the thick grey level (which may continue to shift higher/lower as the price action develops).
But right now, it is at ~8.6k USD.
See also my less speculative TA of BTCUSD here:
ASIANPAINT | Dynamic Resistance at 200D EMAThe daily trend of the stock bounced of 200D EMA quite a lot many times to make the dynamic resistance a lot stronger and is expected to maintain above the same resistance and bounce back and go long upon hitting the resistance again. But meanwhile the trend holds a strong resistance against 50D EMA.
Renko Dynamic Index and Zones - Video 3Continuing on trade ideas from video 2 for Renko Dynamic Index and Renko Dynamic Index Zones using a few simple rules.
Other indicators powered by the Renko Engine :
Renko RSI
Renko Trend Momentum
Renko Weis/Ord Wave Volume
Renko MACD and Renko MACD Overlay
Strategies:
RSI-RENKO DIVINE™ Strategy
Renko Dynamic Index and Zones - Video 2I start getting into how I trade the Renko Dynamic Index and Renko Dynamic Index Zones using a few simple rules. I introduce some new coloring schemes and trade direction discovery algorithms.
Other indicators powered by the Renko Engine :
Renko RSI
Renko Trend Momentum
Renko Weis/Ord Wave Volume
Renko MACD and Renko MACD Overlay
Strategies:
RSI-RENKO DIVINE™ Strategy
BTCUSD (4h): Multitude of Bullish signals triggered
Green "B": from PRISM Signals (my Buy/Sell strategy script based on pSAR-based oscillator set, with its own modified-RSI/StochRSI and Momentum/Acceleration/Jerk oscillator)
Large Green "BUY" signal: Generated from LIVIDITIUM V4 (bundled set-of-indicators script based on price interaction with dynamic levels constructed based on mathematical conjugation of the quadratic solutions of the golden ration equation, vs. historical trends for BTC; coupled with other tests).
Cyan "GX": 50/15 candles Golden Gross! -- from LIVIDITIUM V4
RED "GX": 200/50 candles Golden Gross! -- from LIVIDITIUM V4
Green "Bull Pivot Signal: -- from LIVIDITIUM V4 (Secret Sauce)
Green "Rev?" Signal: -- from LIVIDITIUM V4 (Secret Sauce)
(Waiting for confirmation on the 1D chart)
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Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
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Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
Litecoin to fall a bit more (before rebounding at support?)LTCUSD likely to fall to as low as 74-72 USD before (hopefully -- depending on the MAJESTIC-X indicator and RSI/STOCHS) finding support and rebounding to 83 USD, and hopefully continuing up to 61.8% Fib level at 93 USD in around a week.
Using the MAJESTIC-X (Momentum/Acceleration/Jerk oscillators) with the candle range set to "15":
The red jerk oscillator is now crossing the green acceleration candle, with all oscillators in then negative, hinting that the price has more to fall atm.
Need the Momentum histogram to start negatively peaking or plateauing, before prices can make a turn-around.
Will continue monitoring how the chart evolves through the week.
Indicators also used:
Fast LIVIDITIUM Low Volatility Channel {EMA} - dynamic support/resistance levels
as well as the
AEONDRIFT (with FUSIONGAPS indicators) - Stdev levels , with built-in indicators derived from the FUSIONGAPS oversold/bought oscillator and death/golden cross indicators, coupled with its momentum and accelerator based reversal indicators as well.
More pain ahead for Altcoins after some initial gains? Bearish for altcoins in the mid to long term if BTC.D finds support at ca. 68.7% and rebounds (at or before 6th Sept).
Neutral for altcoins , if BTC.D drops below 68.7%, or fails to move higher away from 68.7% after 6th Sept.
Bullish for altcoins , if BTC.D falls below 68.7% and retest as resistance with immediate target down to 66.64% (then chart to be reassessed).
BTC have further to fall, but to complete massive Bull Flag?First target = 9112 USD
Second target = 8500 USD
and if that fails, BTC will likely fall to 7230.
And if it finds supports and rebounds at any of these levels, I speculate that there is a chance this final "capitulation" to drop out the "weak-hands" effectively completes the massive bull flag formation, to wind up one final time to propel BTC to fresh new heights.
Need to closely monitor the RSI, Ichimoku cloud, as well as momentum/acceleration oscillators and MA signals (e.g. using the FUSIONGAPS and MAJESTIC-X oscillators) to see how things play out.
See also: