Exponentialmovingaverage
Ford Motor Co. ; Wait For A Pull Back To The EMAWait For A Pull Back To The Exponential Moving Average For A Long Position
VeChain - Ascending Triangle Breakout on the 4hrVeChain 4hr Chart Update:
VeChain has broken out upwards from its Ascending Triangle.
VeChain is now in the BULLISH ZONE of the Ichimoku Cloud for this 4hr timeframe.
Notice that we have an Ichimoku Cloud Kumo Twist into a new Bullish Green Cloud for this 4hr Timeframe.
Notice how the Bollinger Bands Upper and Lower Bands are moving away from each other and the Price is Walking up the outside of the Upper Band.
VeChain is above its 50EMA and its Bollinger Bands Middle Band Basis 20 Period SMA.
VeChain is above its Volume Point of Control (POC) for this 4hr timeframe.
VeChain’s Volume has increased above its Volume Moving Average 6 4hr candle in a row.
The Chaikin Money Flow (CMF) is indicating accumulation has risen slightly to 0.11.
The Average Directional Index (ADX DI) is indicating a strong trend with the ADX (Yellow Line) at 27.6 above its 9 Period EMA (White Line) which is at 22.48. The +DI (Green Line0 is at 29.9 way above its - DI Red Line which is at 8.6. Notice that the =DI (Green Line) is pointing upwards and moving away from its -DI (Red Line) which is moving downwards.
The future looks extremely bright for this future giant of the crypto industry.
Here is a closer Look at the CMF.
Here is a closer look at the ADX DI.
I hope this is helpful with your Trading and Hodl-ing.
ADA - A true sign of strengthA Quick ADA Daily Chart:
ADA is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
ADA is above its 50EMA.
ADA is above its Ichimoku Cloud Conversion Line (Tenkan Sen).
ADA is above its Ichimoku Cloud Base Line (Kijun Sen).
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards.
ADA is above its Volume Point of Control (POC) for this visible range.
Now to the juicy stuff, the point of this post is to show that ADA has shown real strength during the recent crypto drop. If you scan from the left to right of the chart, you will see that ADA DID NOT CLOSE A DAILY CANDLE in either the Equilibrium Zone or the Bearish Zone. ADA was the only crypto in my portfolio that managed to stay in the Bullish Zone of the Ichimoku Cloud using the 20,60,120,30 crypto settings. This is a real sign of strength for ADA and shows that ADA has the possibility to recover fast when BTC & the crypto whales drag the crypto market downwards.
Just so that sinks in, i’ll say it again, ADA closed every daily candle during the recent crypto drop above the Leading Span A (Senkou Span A) cloud support and in the BULLISH ZONE of the Ichimoku Cloud…… Truly amazing! The future really looks bright for ADA.
I hope this quick daily chart post is helpful with your Trading and Hodl-ing.
