Get started

Gmma

Bearish Short-term but Bullish in Mid-term for investors🔎 Fundamental analysis (📈 Bullish) The Ethereum team completed the Cancun-Deneb ("Dencun") upgrade after switching to proof-of-stake (PoS) 18 months ago. Shortly, this upgrade changed how data is stored on Ethereum, making it significantly more accessible and also cheaper to record layer 2 transactions. 👨🏻‍💻 Technical analysis (📈 Bullish) On a daily timeframe, Ethereum is in an uptrend. There are gaps in the Guppy (GMMA) indicator between short-term EMA’s and long-term ones, with a bounce back on March 5th. There’s no trend-reversal indicator appeared yet. Let’s examine the Fib retracement indicator to determine additional purchase levels. During a correction, the 0.236 (3483$) and 0.382 (3111$) levels are two levels to consider. Consider shorting if the price breaks to 0.236 (3483$) with TP above 0.382 (3111$). Then, bouncing back to 0.236 (3483$) is expected with the following breakthrough. 3000$ level is considered a major support level and a psychological level. 💭 Sentiment analysis (📈 Bullish) At this moment, the Fear and Greed Indicator is equal to 77/100 (Extreme Greed), and the Market Cap of the entire Crypto Market today (18th March) is $2.682 trillion. The Greed/Fear Index has decreased by 4 pips compared with the previous week which means the buyers are still greedy enough to maintain the current uptrend. 👥 Please share your thoughts or criticism about this idea in the comments below. Your opinion matters, and it'll be helpful for the community to understand a broader picture and shape a more objective vision of the asset's price ---- Disclaimer: The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your research before making any investment decisions
BINANCE:ETHUSDLong
by kostandy
4
BTC/USDT - 1H - Bullish ReversalBTC/USDT has been in a bearish trend. The price action has bounced off an important Support Zone that seems to have caused a bullish reversal. The Bullish Bias is based on the following signals: Price has stopped making LHs and LLs Double bottom at support with neckline breakout GMMA: Slow and Fast MA crossover Falling Resistance breakout with bullish hammers Bullish divergence on RSI + strength over 50 and not too near overbought levels OBV convergence with price (uptrend has conviction) Expecting bulls to be in control and take price towards the Resistance Zone .
Long
by yo_zubair
2
CAD/JPY - 1H - Rising WedgeCAD/JPY is in a bullish trend, making HHs and HLs and forming a Rising Wedge . The price action is currently making a pullback into the rising support which has a confluence of slow MA dynamic support. The Bullish Bias is based on the following signals: Bullish trend (price making HHs and HLs) GMMA: fast MA above slow MA with separation Slow MA acting as dynamic support RSI above 50 and not too near overbought levels OBV convergence with price (uptrend has conviction) Expecting bulls to be in control above the rising support. Go short if the wedge breaks downside. Like & Follow for more such ideas.
Long
by yo_zubair
BTC/USDT - 1H - Bears ControlBTC/USDT is in a bearish trend forming a Bear Flag . The price action has bounced off an important Support Zone and formed a Bear Flag which seems to have been broken. The Bearish Bias is based on the following signals: Bearish trend (price making LHs and LLs) GMMA: Slow MAs above fast MAs Slow MAs acting as dynamic resistance Bear Flag breakout with bearish engulfing on LH RSI under 50 and not near oversold levels OBV convergence with price (downtrend has conviction) Expecting bears to push prices lower. Trade safe. Hit like & follow for more analysis.
Short
by yo_zubair
OGI: Potential for big upsideOn the 1 day chart for OGI my supper guppy indicator has turned green/blue, indicating an uptrend, for the first time since June of 2019. On the 1 week chart you can see that the fast EMA's on my super guppy indicator have turned from orange to grey...When the fast EMA's turn grey during a downtrend it typically indicates that price action could have incoming volatility and suggests that a bounce is currently ongoing. When you consider this in addition to the bullish super guppy signal on the 1 day chart and the strong signal indicated by my GMMA oscillator I think we are going to see some really nice upside.
NASDAQ:OGILong
by LivermoreGrahamDisciple
8
Angold Resources (AAU): Potential for big upsideOn the 1 day chart for Angold Resources you can see that my super guppy indicator has turned from Red/Orange to grey which indicates incoming volatility and a bounce in price. You can see that the fast EMA's are starting to converge and crossover with the slow EMA's which indicates a bullish reversal may be occurring. When looking at the 1 week chart we can also see a strong signal from our GMMA oscillator. In addition to this we are also starting to see the same convergence and crossover of our fast EMA's and slow EMA's on our 1 week chart that has formed on our 1 day chart. All this indicates a bullish reversal could be underway which would bring some really nice upside.
ALong
by LivermoreGrahamDisciple
The Bottom Is In But The Bull Market Is Not Quite Here (Soon)Prior to the 4k breakout I expected to range within 3k-6k if the market was truly at a bottom. Clearly we are beyond that, taking a look at the unusual strength of this rally a few conclusions can be formed. One, the bottom is in. If you have followed me for any amount of time you know I don't make premature decisions. When your entire career, income, and livelihood is based off of your own analysis and clicking buy or sell you learn to not make drastic decisions in the name of speculation nor emotion. Secondly, we still need to range and consolidate before a healthy lift off into space ultimately shooting past the moon to an easy landing on mars and possibly Nibiru this bull run. The range we need is now at a higher level than my past assessments. Based on this analysis we are near the top of that range. Really nothing to fear though as this is a great opportunity for those that haven't had entry into this eminent bull market. I cover strategy towards the end of this write up. Bump & Run Reversal The Bump & Run Reversal has a low failure rate that is not all that common in cryptocurrency markets. It can show up as bearish or bullish, the BARR pattern for this analysis on Bitcoin is bullish, same rules apply for a bearish one. Structure The beginning of this lead-in phase is somewhat hard to identify due to its structure. The exact point is not all that important seeing as the pattern has played. We know that downtrend was in effect & we typically need to see anywhere from 0-45 degrees on the down slopping trend line. (Yellow line) Starting the bump phase we need to see a decline (or incline if bearish) of at least 60 degrees. (Orange line) When the trend line is reached, price action sometimes hesitates for a moment. However, if the pattern is valid, you will see a breakout thru the trend which we have here. Volume Volume as always is the key factor here, typically you see a decline or little volume during the lead-in phase, here we have little volume activity. During the decline entering into the bump phase there should be a severe spike in volume followed by a gradual increase inverse to the volume trend, shown here is not only a spike but more activity than we have seen throughout the entire bear market. Coming out of the bump phase there is a rapid increase telegraphing the coming run phase. Target There is argument on where the actual target is for a BARR, Bulkowski (discovered by him) puts the target at the peak of the lead in phase. Some traders look for double the distance from the bump bottom to the lead-in trend line. I subscribe to Bulkowski's assessment seeing as it has more accuracy based on my observations. Now that I have covered the overall picture of this reversal lets take dive into some other technicals to further my argument the bear market is over but the bull is not quite here. Monthly The highest timeframe I like to look at with Bitcoin is the monthly. Bitcoin's market is relatively new compared to traditional markets so I stick to this as my highest TF for the overall picture on momentum and strength oscillators. Shown below is the monthly Stochastic and MACD. For the first time throughout our bear market we have clear signs of bullishness. Secondly we show the RSI and MOM, the RSI hit past bear market levels and bounced nicely due to the BARR pattern. The momentum indicator began to accidentally telegraph the BARR pattern at 6k due to its functions, it is not something to rely on solely as it is reacting to the flat price action average prior to the BARR in comparison to the past rapid decline. However, the momentum shift is clear as day. The GMMA (explanation can be found in my related articles above comments) gives a great indication of the trend shift and strength of this bounce. (I urge extreme caution when comparing the past bear with this one, it is a completely different market, there is similarities to take note of and use in your analysis but overall I find that traders in this market rely on it as the word of the Satoshi without even considering the macro factors compared to the last bear) Weekly Looking below at the weekly Ichimoku we actually have a great indication of the markets bottom. I won't get into explaining the Ichimoku's functions as I have covered it many times on you-tube and also done an educational video on it found at my site. But to briefly summarize, Ichimoku Kinko Hyo translates into "one look equilibrium chart". Meaning when the price and components are at parity the market has found its equilibrium and can then move in the direction of demand. As for positioning of the Ichi we have this to analyze: Price trading above the Tenkan-sen: Bullish (Conversion Line in orange) trading above the Kijun-sen: Bullish (Base Line in Pink) trading below the Kumo: Bearish (Red cloud) span A below span B: Bearish (A is the green component of the Kumo) conversion line and base line below the Kumo: Bearish So how to interpret this: The market is finding its equilibrium. As time goes on and this rally averages out the bearish trend we had. The components come together to form this equilibrium of price on Bitcoin indicating the bottom has been formed by buyers and the consensus on price is the Ichi's equilibrium. This is in early stages but the move has been visible in formation for some time, something new in this bear market indicating reversal and bottom consensus. The weekly MACD is showing strength not seen in this bear market. The Stochastic (which is less laggy) indicates overbought conditions from the last run up. This is actually bullish in my eyes (overall picture) as it is also the first time we have had enough strength to reach that. The overbought conditions further my point of the BARR pattern as our bottom and now consolidation period within this range. Same story with the RSI as the STOCH, first time into overbought conditions. The MOM indicates strength that has not be seen either in this bear. Furthering my view this is our range peak my indicator Alpha: Exhaustion, which over 700 of you use at this point indicates that capital is near exhaustion, please note the indicator has functions that signal the trend reversal & capital exhaustion and those have not been painted yet. Strategy Too many traders focus on timing the exact bottom, yes it is exhilarating, but can be stressful for those not used to portfolio fluctuations. I am already in Bitcoin, I have never sold out all my Bitcoin, I simply open a leverage short position to protect the dollar value of my portfolio on major down swings & sell when I need to pay bills. I realize this strategy won't fit everyone, so if I was not in my current strategy from the first time I bought Bitcoin I would be looking to buy every dip during this range period as my budget allows it. We have many percentage gains ahead of us as our last bull market took us to a whopping 12,804% rally from bottom. Try not to be short sighted on this as there is a much bigger picture. So, what do I mean by the title: The Bottom Is In But The Bull Market Is Not Quite Here (Soon)? Many traders are expecting nothing but green candles forever. So it's a simple & humble reminder that markets don't work like that and need time. Yes Bitcoin moves like no other asset on earth, but I am taking a reasonable approach and assessing what I see currently on this last move: Bottom is in, but the move is tapped for the time being. Ranging in a very large and opportunistic area is the most logical move before the bull can truly start ripping and tearing. I could be wrong on the capped point, maybe we go vertical forever, but if you take the approach of not shorting these dips and instead buying them very little can wrong. Strategy can be implemented flawlessly. Short term (weekly, monthly) fluctuations matter little in the grand scheme of Satoshi. Remember, at this point, dips are for buying not shorting if you subscribe to this being the bottom. The first $100 move I can remember was sometime in 2013, it was one of the most euphoric moments of my life. Then came along 2017 and we began to see $1,000 moves, one day in the near future we will get a $10,000 move in one day, hopefully by then you see the wisdom in not stressing on the exact bottom or fluctuations and just simply be grateful for being in. It's the long game we want and need to focus on & the long game begins now. Trade safe and lets get prepared for the ripping and tearing Bitcoin is soon to initiate. (I am working on a an additional analysis to add this that will get into the volume on the time frames mentioned above, sometime in the next few days)
BITSTAMP:BTCUSDLong
by Nick_Core
61
Bitcoin's Bottom & Trend AnalysisThis overview is purely a market trend analysis. This not an analysis saying we are only going up from here. Also, this analysis is done on Bitstamp, checking the other markets as I wrote this, the points I show are visible on the other major exchanges. We are seeing a few very important bullish signs for the first time throughout this correction. However, this does not mean the market is at it's bottom. The weekly close around 16 hours ago left a clear bearish engulfing candle that wiped away 3 weeks of bullish progress. What is visible to me is a few high time frame divergences that show the beginning of the shift from bearish momentum to bullish. Keep in mind these are what becomes visible when the shift from sell pressure in a trend shifts to bull pressure and the demand out paces the supply. When the sell pressure breaks is when we begin to see a clear and visible bull market. Starting out, lets look at volume. We have a total of 4 support touches, each one is slightly higher on the close but generally within the bottoms range. The first one in pink, On Balance Volume (O.B.V.) levels bottomed at approximately the same place we see with current levels. The second pink marker shows what has turned out to be the low on the O.B.V.. I left the Chaikin Money Flow (C.M.F.) on to show that even though we touched support again, the C.M.F. remains in the bullish pressure zone ever so slightly. This spike in buy pressure and ability to remain in the positive flow tells me the correction is taking a new direction shortly. Moving forward to the first yellow arrow on the left, price action found a lower bottom with a slightly higher O.B.V. level. Since then we have generally not dipped below the price range of $5,800 to $6,300ish on support touches and the O.B.V. continues to climb. The Stochastic shows me a couple interesting things. I could call this divergence a number of ways, I would've like to see %K (Blue line) touch the pink arrow to call this a nice exaggerated divergence favoring the bulls. Regardless, it is a tad bit confluent at that very point which leads me to defer to the bigger bullish signal starting on our first yellow arrow. The Relative Strength Index (R.S.I.) shows a very similar story as the STOCH. Lastly, the Momentum (M.O.M.) indicator. I have paired the M.O.M. indicator with a moving average (Pink) set at 14 periods. The last support touch marked by the yellow arrow shows the M.O.M. touching the Moving Average and bouncing off it perfectly to up above the median line of zero. We are currently below the median line, but above the Moving Average indicating the momentum is slowly shifting to a more bullish stance. Conclusion Keep in mind this is an analysis of the current trend and its strength. This is not specifying where the bottom is, I will be doing a part 2 for this analysis at a later time. Believe it or not the bearish momentum is getting weaker. Taking a look at the Guppy Multiple Moving Average (GMMA) we are seeing bunching of the EMA's indicating a bottom forming. We also see the Volume Profile (VPVR) showing this area as our value area. This means little as for a markets bottom, but it is a plus when measuring volume at price levels instead of time analysis. The bottom is still forming, but good news is we can now see the formation and take this into account as I make my day trades. We have a long way to go before we see a strong bull push similar to last years. The Ichimoku will be very useful for measuring where our full blown bull will break out at. I am watching for a Kumo cloud break on the weekly to know when all the rest of the world will be FOMOing into Bitcoin and push those impulses to insane levels again. As we form a bottom, all the dips and rallies are just noise. As long as market structure does not change, then I expect a lot of sideways action for a couple months to properly form this bottom that will ultimately lead to an obnoxiously profitable bull rally. Thank you for reading and please be sure to click like on this analysis. Thank You! This is not financial advice, this is simply my personal analysis of the current conditions.
BITSTAMP:BTCUSD
by Nick_Core
41
Bitcoin Analysis Update: Current Conditions July 23, 2018This is a quick analysis of current conditions. The 4 hour Doji we are looking at closes in about 30 minutes of this writing. Tom Demark Sequential (T.D. Sequential) Count: 9 Notes: Imperfect close on the 8. Bollinger Bands Position: Capped Squeeze: None Guppy Multiple Moving Average (GMMA) Trend Strength: Bullish, price position in relation to Moving Averages indicates Bullish. However it is overbought on multiple time frames. Overbought/Oversold: Overbought Chaikin Money Flow (C.M.F.) Divergence: Bearish Trend: Bullish but declining on the price action move up. On Balance Volume (O.B.V.) Divergence: Bearish Stochastic (Stoch) Divergence: Too long to technically be a divergence. Capped 6% lower than prior high reversal. Relative Strength Index (R.S.I.) Divergence: Too long to technically be a divergence. Capped 20% lower than prior high reversal. Conclusion There are several Bearish divergences on some of the higher time frames, however we are seeing some signs of a bottom transpire on the daily. We are not completely there yet though. Looking for a retrace (Below) to the Tenkan-sen (Conversion Line in orange) and then a drop down to $7,276 shown in yellow below. As this happens I will be evaluating the divergences I see on higher time frames to consider if we will drop further to the Kijun-sen (Base Line in pink) or if they will fix themselves. Thank you for reading and please support by clicking like on this analysis. Like, follow, share and interact to help me stay motivated to keep these trending. Thank You!
BITSTAMP:BTCUSDShort
by Nick_Core
152