Exponential Moving Average (EMA)
Ethereum Daily AnalysisEthereum seems to have made a daily bull flag. Of Course after it breaks upwards from this flag, Ethereum might reach new local highs. In the mean time it has met yearly dagonal resistance. This makes it likely for Ethereum to retest the 230$ support zone (green).
It is still bullish on the daily time frame since it has not closed below the daily EMA Ribbon. This indicates that the daily bullish trend is still intact and we should expect new local highs with it.
The target for the breakout of the bullflag is 275$. IF Ethereum does meet this level, it will likely continue upwards to the 280$ level where it meets heavy resistance. We should also keep in mind that the 250$ level is also heavy resistance.
Bitcoin is ramping up for a huge breakout! Bitcoin in the recent days and weeks has formed a Ascending triangle.This has been after the recent double bottom we say a few days ago. This is bullish because Bitcoin has maintained its upwards trend. Bitcoin will likely find the top of the triangle as immediate resistance. Get ready guys because The target for this breakout is about 11.6k which gives a nice risk to reward ratio.
The volume has been declining as evident by the volume indicator. This is significant because when volume decreases, it means that there will soon be a breakout with massive volume spikes relative to the rest.
Bitcoin has held it's macro upwards trend by closing above the daily EMA Ribbon. As indicated by previous moves, when Bitcoin closes below the EMA ribbon, it usually indicates the ending of the daily trend. Remember guys " The trend is your friend to the end". Shorting before Bitcoin breaks out of this zone maybe detrimental because the trend is still intact.
If Bitcoin breaks out of the ascending triangle, then the next biggest resistance is the 10.6-10.8k level . Keeping in mind that there is a CME gap at 11.8k, it makes it more likely that Bitcoin will come up to fill this level since most CME gaps in the daily time frame get filled. For more tutorials you can go to https:cryptoatlas.net ! Good luck guys!
PERL - Above 21 EMAPERL looks good here.
Hovering below resistance.
Wait for a solid s/r flip
Considering 200MA as strong dynamic resistance
I am bullish as long if 21 EMA acts as support.
RSI and breakoutsIve noticed that when :
1The RSI hits below 30 on the 30min sometimes 1hr time frame
2Then goes up to just before 70 ...say 67 on the RSI
3Then drops again to 25-29
THAT'S A BUY
I think that would indicate a breakout to the upside.
The RSI will go up and down in wave patterns. This doesn't mean the price will follow. BE CAREFUL. So, if it has to hit 70 on the RSI but doesn't. Then drops ,all those people who FOMOed in are FOMOing out at a lower price bringing it up but with more volume.
THIS IS JUST ME TALKING AND NOT ADVICE.
BMY Long, Using EMA144 as SupportCondition:
1.Runaway Gap (G1) Shows 40% of this trend.
2.V Pattern
3.demand zone confirmed.
4.Cross Over EMA144
Earning date: 8/6/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 61
Stop: 59;
Target1: 67; risk/reward=1:3
Target2: 74; risk/reward=1:6
Using EMA144 as Support is one of my long entry script. See the linked Related Idea.
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
PG Long, Using EMA144 and SMA50 as support I combined my two scrips: Buy in long term uptrend and Draw SMA50 swing
I found EMA144 also good to be used in 60M chart to verify trend direction.
Condition:
Weekly chat: V Pattern,
60M:
1.Double Bottom
2.SMA50 Cross Over EMA144
3.Demand zone is confirmed
4.Trend line Break (TLB1)
Earning date: 7/17/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 117
Stop: 114.5; when Below EMA144
Target: 125; risk/reward=1:3
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
BEAM/BTC Primed to pump! 12HR on BEAM/BTC looks ready to fly.
VPVR showing a huge gap, there is literally no resistance until 600 sats and should be a very easy move.
200EMA close above and retest would be a perfect time set your alerts and be ready for this one.
Fundamentals wise
BEAM HARDFORK - Jun 28th - these usually pump into the hard fork network upgrade
Beam HASH 3 Algo - Also around Jun 28th or earlier same block height to change the mining algo
ASTBTCTargets on Chart
Ladder Entry Between 0.000000613-630
Short Position
Please like and share if you like my analysis
#MACD
#RSI
#TREND CHANGE
#RESISTANCE
SBUX Long, Using EMA(144) and EMA(377) to find Buy opportunity Add EMA(144) and EMA(377) to show a dynamic support Zone;
Price crossover EMA144 today;
Entry: 78.5
Stop: 75; when Below EMA144 and EMA377
Target: 92; risk/reward=1:4
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
ORCL Long, Using "MM_UpTrend_Buy" to find Buy opportunityAdd "MM_UpTrend_Buy" -- See linked script;
Add EMA(144) and EMA(377) to show a dynamic support Zone;
Entry: 53.3
Stop: 51.7; when Below EMA144 and EMA377
Target: 60; risk/reward=1:4
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
A weekly look at ABCAs you can see Price is in a triangle and if it breaks,ABC will growth to 123$ and if it does not break there are many good support for price.as you see the 62 EMA line Has a Great support and in 2009 then this line supported the price rise from 20$ to 90$, this time price can growth to 150$ and i believe that ABC is a good Buying position and if you keep it for one year,your money can be double.
This is my look at Bitcoin Vs USD on 05.26.2020 I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
This is my look at Bitcoin Vs USD on 05.26.2020
This is an experimental indicator that I have made and testing it out... It is using the EMAs the white line is 13 EMA, the green line is 55 EMA and the yellow line is 89 EMA...
The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing up like the white one is on this chart, to me it's suggesting that Bitcoin is going to head lower in the next couple of hours and using the RSI, has helped to confirm that for me...
What do you think about this, a good idea or a bad idea?
USDCHFNewbie analysis.
I have been trying to work on my entries because WOW...
Anyway, USDCHF has been respecting structure and appears to be in a somewhat range, and because of that I think it will fall to the trendline or lower.
Open to suggestions on how I can improve and how I can clean up my charts a lil"
NZDUSDNewbie analysis.
Generally I find it to be one of the pairs that respect structure on a good day. Respected all the zones or areas I marked and trending fairly well. For that reason I went short. Still working on my entries as I tend to enter too early.
Open to suggestions on how I can improve and clean up my charts a lil'