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Heikin-ashi

BTCUSD 4H HEIKEN ASHI REVERSAL STRATEGYn Japanese, Heiken Ashi means “Average Bar” and it represents the average-pace of prices. The Heiken Ashi candlestick chart can help you to spot both trading periods and ranging periods that you should avoid. There are two primary trade signals that we can identify through the Heiken Ashi candlestick: 1- Bullish candlesticks with no wicks or very small wicks indicate a strong uptrend and excellent buying opportunities. 2- Small candlestick characterized by a small body and big upper and lower wicks signal a potential reversal. Use strategy on all markets and time frames. Step #1: Identify a strong move to the upside. One of the simple ways that we can use the Heiken Ashi candlesticks is to trade reversal when the candles changed color. So, the first thing we’re going to look for a bullish trend or a strong move to the upside. Note* The Heiken Ashi chart tends to give much more extended and smoother runs of bullish and bearish price candles which is because of how the calculation is used to average out the range of the bar. Step #2: Wait for the Heiken Ashi bar to change color from bullish (green) to bearish (red) The first sign that the price is about to turn lower is when we see a red Heiken Ashi candle. In order for the Heiken Ashi bars to change color, there must to be a strong shift in the order flow and this typically translates into a much more reliable signal than we get when typical price candle change color on a normal price chart. The way we look to use this feature is simply to implement traditional technical analysis to locate potential reversal zones with the Heiken Ashi chart. We use the price action reading skills as a filter to identify a potential trade and then we use the Heiken Ashi chart as the confirmation to go ahead and execute the trade. Step #3: The first bearish Heiken Ashi candle needs to have a bigger than average lower wick Long lower wicks can provide an incredible trading signal, especially when using the Heiken Ashi price chart. You can also wait until you see a bearish Heiken Ashi candle with no upper wick. However, this second approach will cost you some profits left on the table. The Heiken Ashi trading strategy satisfies all the trading conditions, which mean that we can move forward and outline what the trigger condition for our entry strategy. Step #4: Sell at the market at the opening of the next Heiken Ashi candle Our entry method is very simple. This is a bullish reversal setup, so we’re looking for buying opportunities once everything is in the right place. Now we can anticipate that a reversal is put in place, and we can go ahead and buy EUR/USD at the opening of the next Heiken Ashi candle. Step #5: Hide your protective Stop Loss above the first bearish candle high. One of the really fantastic things about Heiken Ashi candles and what makes them so great for trading is how we can use them to place our protective stop loss. Because of the tendency of the candles to display continuation, we can go ahead and be really tight with our stops. We can simply place our stop loss above the signal candle high. Step #6: Take profit after we get a close above a previous bearish candle. A good Heiken Ashi trade setup will tend to run for much longer than a usual price action setup. So, when we’re trading with Heiken Ashi candles, we really want to exploit this and keep our trades open for longer than we usually would. Because we’re using such a tight stop loss, we’re only going to need a small price movement to make a good profit on this trade. Note** the above was an example of a SELL trade using our Heiken Ashi trading system PDF . Use the same rules for a BUY trade – but in reverse. PM me if you want to read the complete strategy.
GEMINI:BTCUSDShort
by Tradingstrategyguides
4
Bitcoin bounces off .382 fibonacci retracement vs USDBitcoin bounced off the 38.2% Fibonacci retracement against the U.S. dollar (USD) from the trend based December 2018 swing low to June 2019 swing high. If this scenario were to continue the bullish momentum then longs started now could take profits at $11,782, $13,047 and $14,848. If this trend turns bearish below $8,951 then shorts could profit at $6,421. The golden cross of the 50 & 200 moving averages suggests this bearish scenario is unlikely.
COINBASE:BTCUSDLong
by BigSkyCrypto
XRP/BTC - Why, How, and When I Think XRP Will Pump to 0.00005000What can I say... I had fun with this one. I didn't start off taking this seriously at all, but then like I usually do, I got really into it and that I started to recognize some interesting trend patterns - so I went for it. I started by inverting the chart completely. I wanted to be unbiased about this as much as possible. I have no trades open in XRP and I am not sure I am going to either, so this analysis really is just me putting out what I see. Enough chit chat, let's get into it and I will start trying to make sense of my method for you guys. As you can see I started from the all-time high and pulling trends to the most recent low. Each time one became invalidated or wasn't strong enough I worked my way to the next reasonable peak and drawing the trends to the lows (pretty standard stuff). While doing this, I started to notice that the price action in the waves started to follow along with these "non-standard" trendlines (is that even a thing?). I pulled four trendlines in the order marked on the chart 1,2,3,4. Trendlines 1 and 2 were a good starting point, but we can all see that they are not validating anything other than air (for now). Trendline 3 was broken and no longer viable --but! Trendline 4 really started showing some promise as the market seems to follow this as its resistance guide down on a journey together to validate the upward trendline at the very bottom - conveniently shoving it into a really tight cone at the bottom. When we break out of the first cone, the price is not going to go insane and for two reasons: one, it's XRP; two, Trendlines 1 and 2 make there way back to the show. You can't ignore previous resistance and support lines. The fib resistance and supports that are and have developed will play the price action back into another tight cone on the trend line not once, but twice and very close together (it's like running into two people--one after the other--that just want to beat you down. Someone's going to lash out and I think in this case it will be XRP. From this point, I needed to start predicting the future and to do that I used my faithful green time cycles to measure the time from the start point of the previous wave low to its peak. With the rough estimate of the wave cycles done, I went back to the beginning of the wave again, but this time armed with the trendline angle tool. Since I cannot really predict the future, I looked left and I gathered previous patterns and data to build what I think is the most likely scenario to play out. I measured the angle of the climb of the wave, the descent angle of the wave, and roughly matched those angles to the time frame of the previous wave and created my fictitious wave's pump and dumps. Based on my analysis up until this point, it looks like XRP will meet and likely break the downward trendline around the 7th - 9th of February. Once that excitement has calmed down, XRP will find it's way back into another trend-cone and look to test the next downward trendline around 24-26 June. Finally, XRP will meet its third trend-cone squeeze and likely meet and break it on 27 June - marking the beginning of breakout action and really great possibilities for a 2-month long with sights set on (or close to) the 0.00005000 on or around 27th September. Ladies and gentlemen, this may very well be what the XRPBTC chart looks like in the second half of the year. I hope you enjoyed this analysis. Please leave me your like comments, and criticisms so I can keep learning and keep getting better. Thanks! :D
XLong
by dbs2020
3
3 Reasons Why Bitcoin Is Going DownAs an intro I'd like to remind everyone that we are in a bear market. I see many people claiming we are in a bull market, but it's not true. We are trading below the 200 Daily moving average and the 50 DMA is below the 200 DMA, so technically we are officially still in a bear market. Also, we have not made any higher high. I'd like to give you 3 reasons why this could have been a bear market rally and we are just continuing going down the stairs on the way of making a lower low: 1. If you look at the last week of July in 2018 we had the same bear market rally which ended by a rejection of the 200 Daily Moving Average around the price of 8.6k and we kept going down until we bottomed at 3.2k. (It took us ~230 days to get there) 2. The CryptoVN_Trend gave us a second sell signal on the daily chart which always leads to the price going down 3. If you look at Heikin Ashi candles the last daily candle was a doji candle with long wicks on each side - this is a trend reversal candle, so we can expect at the minimum a few days of red candles. We do however see a ton of bullish signs as well, but right now I believe we will see a minimum of 8.2k, likely at least 7.5k ... but don't be surprised if 1-2 months from now we are in the 6k region again.
COINBASE:BTCUSDShort
by Crypto_Burger
2
Price Levels using Fib.Sunrun Inc. caught my attention after being listed as a possible top stock choice for 2020. Solar energy still has some ways to go in terms of cost, efficiency and maintenance IMO. This company however, is growing so fast it can't support the expansion of new employees being trained to meet the market demand. Seems like this trade could work out long term (I'm holding for 1 year - friendly competition) so I'll be banking on those earnings to show profit soon. Trade idea is from: - Using fib retracement from Highs and Lows of July/Aug - Nov/Dec 2019 - Using fib extension from points of Dec 11 / 20 / 31, 2019 - Using Heikin Ashi for momentum - Using 50-100-200-EMAs - Using VWAP (Weekly, Offset: 2) What's happening: Resistance-turned-Support @ 14.90 ~~ Look for this area for a slight bounce. It previously acted as support before the stock drove lower. It was also a small resistance that upward momentum eventually won (Dec 18-27). Currently the stock is trading @ 200-EMA ~~ Look for a slight pullback to possibly test support either at the 100-EMA or 14.90. However, if it could push through the 200-EMA there's a higher chance to test 16.00 Above VWAP @ 15.14 ~~ Considered good momentum to more upside. If it touches the VWAP or goes under (and a candlestick is RED) then it would signal a possible move down. Look for the support if so. What's my trade: (Where I would exit if I could but I'm holding for a year) Resistance @ 16.00 ~~ First milestone to achieve. Will need to close ABOVE if it wants any chance of going higher before earnings. Resistance @ 16.50 ~~ The 1.618 exit point. Resistance @ 17.00 ~~ The 0.5 retracement point from year highs. I don't anticipate the stock soaring above 17 within the next 3 months without any catalyst events. My prediction is that it would trade sideways between 16.00 - 16.50 until earnings. Good luck and happy trading!
NASDAQ:RUNLong
by kushrolled100
BTC | Heikin-Ashi conforms to the DowntrendThis idea should be considered as an extra to my previous one. Firstly I should warn you that the Chart type we use is not a simple Candlestick Chart . Heikin-Ashi or " average bar " in English uses candles for charting as a usual candlestick chart, but to build them it takes different calculations . Heikin-Ashi uses the average between Open-High-Low-Close ( from the usual chart ) to build its close price or current price if candle is not closed yet. And to build the open price for its candle it uses the average between Open of Prev. Candle and Close of Prev. Candle ( from the Heikin-Ashi Chart itself ). So how this type of Chart can be useful to us? Because this Chart takes an average of the movement, it gives us a smoother look. There is a tendency with Heikin-Ashi for the candles to to stay red during downtrend and green during uptrend ( blue in my case ). Let's see how it works in practice. Before I start I should remind you that crossovers between 20 and 121 MAs define main trends on a daily chart. Or the crossovers between 19 MA and a Price Chart on a weekly chart. ( Plus the confirmation on RSI for both charts ). Check out some of my previous ideas where I explained why these MAs are trustworthy and how they can be used in conjunction with RSI . So on this chart ( which is weekly ) I already marked where these crossovers occured and where main trends took its directions. Pay attention on the behavior of Heikin-Ashi during these trends: During Uptrends we see big clusters of Bull Candles with almost no bearish candles. Conversely during Downtrends we see big clusters of Bear Candles , though sometimes we can meet little clusters of bull candles too, but they were not able to fix above the 19 MA . ( Plus in some of my previous ideas I gave the tools that can be used with a usual Candlestick Chart in order to avoid fakeouts ). We can use the Heikin-Ashi in conjunction with the Usual Candlestick Chart in order to see if it conforms the trend. Current situation : As I wrote in my previous analysis the bearish signals overwhelm , plus the behavior of the price (which drop after meeting resistances ) and the behavior of indicators ( RSI , MFI ) all tells the Downtrend will continue. So now we see that Heikin-Ashi confirms this idea too. More than that the Heikin-Ashi showed the bearish behavior since corrective triangle happened. At last : Although this type of Chart might seem very useful, you should never use it on its own, also do not try to analyze the whole market with this type of Chart. It should be used only as a confirmation . Screenshot in addition: Crossovers between 20 and 121 MAs on a daily chart Remember : Despite that we have a lot of bearish signals . We should keep in mind other scenario too, because market is not static . In my previous idea and ideas before I explained how the tools (that I gave in my previous ideas) can be used to provide reliable signals and help to avoid the fakeouts . All the concepts and tools which have been given in my ideas will help you to be well-prepared for each market situation. And now you have one more useful tool) Thank you for reading this idea! Hope this analysis has been useful to you and will help you to improve your own strategies and methods. Which will make your life more profitable) ( but do not gamble ) Please if you like the idea hit the like bottom in order to support this work. Also share your own opinion and charts in the comments below. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
COINBASE:BTCUSD
by Anpu
31
DAG/BTC Parabollic movesAs shown in the chart above, we are seeing DAG/BTC in a parabolic increase since July 15th of the current year. A parabolic increase is a great way to make money, yet a very risky play, if the signs of a possible break are disregarded. 

We ask a series of questions to determine the technical status of DAG/BTC
 Is this parabolic increase about to break?

 No, right now, we se every little signs of weakness but therefore a lot of signs of strength.
 For example, the volume shows us very clearly that during the whole move and even at these high levels buyers are still stepping in and sellers seem to be non-existent.

Looking at the TJ-Index, which is made out of 15 different indicators, we clearly see a very high number, indicating us confluence for the bullishness we see, since almost all of the built in indicators and conditions are still very bullish.

What is the best entry? Which levels can we expect? Entering DAG/BTC at this point in time is most likely not the wisest decision an investor/trader could make. We are at what seems to be the end of a parabolic advance, which is mostly followed by a retrace to previous key-levels.
 Here, we are especially looking at the key-area of 153971 and 145052.
This particular area was a key area of resistance for almost two full months. Nevertheless, it broke on the most recent push upwards, after hitting the parabolic curve once again. 

Based on the fact that we are right now at a HTF resistance, in a strong yet overbought structure, which is slowly but surely locally loosing on strength, the only reasonable expectation we can have right now, is a retrace in the mentioned key-area.

 A retrace into this particular area would also mean two things. 
 One would be a Support and Resistance flip, which is mostly a very bullish sign and asks for a trend continuation. 
Second, a re-confirmation of the parabolic curve. We see in such parabolic increases very often a consistent re-confirmation of the main curve which acts as a trend line of sorts.
Even though, the most likely and desired option is a retrace, there is a worthwhile chance that DAG/BTC will just continue this most recent push through and above the local resistance level. In that case, we would be looking for a support and resistance flip at that particular level of 196000.
 Conclusion DAG/BTC is definitely a very bullish pair and is most likely to be one of the top performers for the upcoming months. Nevertheless, an unthought entry can bring an unwanted drawdown.
A full-size entry at the local levels is surely not suggested, since a retrace into the area of 153971 and 145052, looking at the history of DAG/BTC, is the most viable and reasonable scenario to occur.
D
by KongTrading
1
S&P 1D and 1M Heikin Ashi is on a TD Sequential green 9 sale.(On the daily time frame.) Not to worry friends. Given this green 9 Heikin Ashi sale signal historically the the candlesticks go sideways and slightly down for a week to 2 weeks and then it is onward and upward from there. The traditional candlestick chart pattern shows that the Heikin Ashi green 9 sale occured 8-9 days ago and it blew through that sale signal. (On the monthly) There is also a Green 9 sale signal on the monthly Heikin Ashis as well, however, historically going back in the charts to 2007 the candlesticks twice ignored the TD green 9 sale and the patterns continued upward. Two other times the candlesticks fell roughly 150 points and the third time was the 2007 housing market crash and we all know what went down then. The 50 and 200 SMA and EMA shows the that the trend is moving upward. The RSI is in the overbought region barely and it indicates a down-ish to more sideways direction. The MACD shows bullish crosses on the daily, weekly and monthly time frames. The best and most likely case scenario on all time frames is; S&P shakes the TD sale signal off with some sideways to down-ish movement from profit taking and and the economy keeps rolling on. Worse Case scenario on all time frames. On the daily the candlesticks fall to the 2868.7 support level I have plotted above. On the monthly the price could fall to 2608.8 and held up by the 50 day SMA and EMA. On the monthly the most terrible worse case scenario would be the candlesticks falling to the second support level at 1955.8 being held up by the 200 day EMA and SMA. I will post the monthly chart next. Please go to my profile to see it. Thank you, Feedback and criticism is welcomed so please do so. If you like this chart please let me know and following me would be fantastic.
SP:SPXLong
by Lucid_Liquidity
Dash Forming a falling wedge near the bottom of a channel.So here's a trade setup that I have been looking at since mid September. Dash in a falling wedge at the bottom of it's channel that it's formed over it's entire lifetime with a massive 100%+ measure move. The recent pump and dump had me worried that it may have already played out but the pattern is still there and this is hard to overlook. My Targets: Buy zone between 75 and 50 (Anything below 50 is a no trade zone.) Take Profits: 108 and 220 then maybe hold some with something to the affect of a trailing stop loss to see how high you can ride a potential new cycle. If we don't breakout immediately i don't see us going much lower than 55 dollars. I think now would be a good place to look for massive upside. Dash is most certainly looking clearly upwards more so than ETH which looks confused at the moment.
POLONIEX:DASHUSDLong
by RizeSenpai