5ADR - Average Range of Last 5 CandlesticksAverage Daily Range (ADR) Indicator for the Last 5 Days
This script calculates the Average Daily Range (ADR) for the last 5 trading days. It helps traders to understand the average movement in pips, providing insights into potential price movements.
How to Use:
Set Chart to Daily Timeframe : Ensure your chart is set to the daily timeframe.
Hover Over Previous Day : To see the ADR for today, hover your mouse over the previous trading day.
For example, if today is Tuesday, hover over Monday to see the ADR for Tuesday.
Read ADR in Blue : The ADR will be displayed on the left side of the chart in blue color.
Forecasting
BTC weekly forecastthere has been alot of roller coaster in the crypto market, for me i call it the monthly correction and i the bears in still and charge and not ready to let go yet.
NOTE: This forecast is based on my own analysis, research and finds and may not be true, it's to be taken at your own risk.
Bitcoin, January Effect, 2021 Forecast"As January Goes, So Goes the Year" is an old WS adage, and with good reason- in most cases, prices do increase over the rest of the year if there is a positive first month.
"The story follows the price" is another great saying, just as most folks are now calling for GME to trade over $1000 a share, many are also calling for sub $20K prices per Bitcoin.
Given history, and a preference for a buy and hold investing, I think buying $BTCUSD at the close of the month is a great entry.
In ~12 months time, Bitcoin will likely be between 2X-5X today's price.
I remain long Bitcoin. BITSTAMP:BTCUSD
BLX Prediction Analysis and where do we go then?Hello, all respected Traders and Investors,
Here I made a simple analysis for BLX Index.
In my opinion, Bitcoin will be dump first to close the CME Gap into 40k and after that, I hope Pump will come..
Critics and comments are super appreciated
Thank you!
Happy trading you all!!
Good luck!
Cheers,
PS: This not financial advice. Please DYOR before entry the market
Solana Future $$$ Pivots - ExperimentalWorking on an interesting project that will identify future price pivots. Filtering the signal is the most important part and that continues to be a work in progress. You'll see different colored lines, and the width of those lines vary. See notes below.
Notes:
Larger Lines tend to be more signficant.
Oftentimes the larger the space between verticals can indicate a larger move up/down.
Sometimes the verticals will indicate a top/bottom and sometimes, when you zoom out, you'll see that the vertical itself isn't hugely significant when zoomed in, but if you zoom out it can oftentimes be a more significant trend change.
This isn't exhaustive. I just happened to be messing around with the Solana chart and whipped this together.
These verticals are very similar to the Bitcoin chart of course which I spend much more time on, but I am going to work on several to see if I can find any sort of significant divergence between dates/times and the main charts.
Good luck.
Note 2- should be some pretty significant moves coming up very shortly.
TomoChain ForecastHi,
TomoChain support tested and breaking out after completing triangle shape.
according to this trend analysis its a good buying time. High ROI is expected.
Targets have been identified according to Feb Retracement.
This Idea is published for only educational purpose.
please feel free to comment for your feedback.
Regards