Cardano ADA Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Cardano ADA:
ADA/USDT short
Entry Range: $0.38 - 0.41
Take Profit 1: $0.34
Take Profit 2: $0.28
Take Profit 3: $0.24
Stop Loss: $0.44
Indicators
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7-star buy and sell caught perfect entry for STPTcongrats to our subscribers. check how our 7-star buy and sell caught the pump perfectly. It's better to take the help of our indicator than to trade blindly.
wait for the candle to cross the sell signal with volume like OG for more profits.
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Price action vs Indicators =, Another lie in trading ? I did not go into the details of "lagging" as it relates to indicators. Which is a true statement but its a misunderstood statement in the trading industry because most people don't truly understand what that means and also there are a lot of indicators that are leading. However in this video when I say "lagging" I am referring to the general idea in fx that indicators are useless because they are using past data.
Winning Combinations of Technical and Fundamental IndicatorsHere are some combinations of technical and fundamental indicators that investors often use to analyze stocks.
1. Moving Average, MACD , RSI + Valuation Ratios (P/E, P/B, P/S)
This combination of technical and fundamental indicators is commonly used by investors to analyze the short-term price trends of a stock and its long-term valuation. Moving averages, MACD , and RSI are technical indicators that can help investors identify short-term buy or sell signals, overbought or oversold conditions, and follow the trend. On the other hand, valuation ratios like P/E, P/B, and P/S can provide insights into the company's long-term valuation and potential for growth. For example, if a stock's P/E ratio is significantly lower than its industry average, it may indicate that the stock is undervalued and could present a buying opportunity.
2. Bollinger Bands , Ichimoku Cloud , Stochastic + Financial Statement Analysis, Interest Rates
This combination of technical and fundamental indicators is commonly used by investors to analyze a stock's price volatility and trend as well as its financial health and economic factors. Bollinger Bands , Ichimoku Cloud , and Stochastic are technical indicators that can help investors measure price volatility , identify overbought or oversold levels, and follow the trend. Financial statement analysis can provide insights into a company's financial health, including its revenue, earnings , and debt levels. Interest rates can also provide insights into the broader economic trends that may impact the stock's performance. For example, if interest rates are rising, it may indicate a stronger economy, which could positively impact the stock's performance.
3. Fibonacci Retracement , Support and Resistance , MACD + Economic and Political News, Key Economic Indicators ( Inflation Rate, GDP, Unemployment Rate)
This combination of technical and fundamental indicators is commonly used by investors to analyze a stock's short-term price trends, volatility , and support and resistance levels, as well as the overall economic performance and market trends. Fibonacci retracement , Support and Resistance , and MACD are technical indicators that can help investors identify short-term buy or sell signals, measure volatility , and identify support and resistance levels. Economic and political news, as well as key economic indicators like inflation rate, GDP, and unemployment rate, can provide insights into the overall economic performance and market trends that may impact the stock's performance. For example, if there is positive economic news or if key economic indicators like GDP and inflation rate are improving, it may indicate a growing economy and positively impact the stock's performance.
It is important to note that these combinations are just examples and their effectiveness may vary depending on market conditions and the trading strategy used. Investors should always exercise due diligence and research before using indicators in their trading strategy.
Feel free to share your own combinations of indicators and opinions in the comments section below.
Learn 7 Classic Free Indicators For Technical Traders
◻️MACD(Moving Average Convergence/Divergence)
Traders use MACD to identify changes in the direction or strength of the asset’s price trend. MACD can seem complicated at first glance, because it relies on additional statistical concepts such as the exponential moving average (EMA). But fundamentally, MACD helps traders detect when the recent momentum in an asset’s price may signal a change in its underlying trend. This can help traders decide when to enter, add to, or exit a position.MACD is a lagging indicator. After all, all the data used in MACD is based on the historical price action of the asset. Because it is based on historical data, it must necessarily lag the price. However, some traders use MACD histograms to predict when a change in trend will occur.
◻️VWAP(Volume-Weighted Average Price)
The volume-weighted average price (VWAP) is a measurement that shows the average price of a security, adjusted for its volume. It is calculated during a specific trading session by taking the total dollar value of trading in the security and dividing it by the volume of trades. The formula for calculating VWAP is cumulative typical price x volume divided by cumulative volume. VWAP gives traders a smoothed-out indication of a security’s price (adjusted for volume) over time. It is used by institutional traders to ensure that their trades do not move the price of the security they are trying to buy or sell too extremely.
◻️EMA(Exponential Moving Average)
An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average (SMA), which applies an equal weight to all observations in the period.
◻️THE FOUR TYPES OF EMA:
▪️9-EMA is use for short term trading
▪️21-EMA is used for day trading
▪️50-EMA is used for analysis
▪️200-EMA is used for long term view
◻️RSI(Relative Strength Index)
The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100.Generally, when the RSI indicator crosses 30 on the RSI chart, it is a bullish sign and when it crosses 70, it is a bearish sign. Put another way, one can interpret that RSI values of 70 or above indicate that a security is becoming overbought or overvalued. It may be primed for a trend reversal or corrective price pullback. An RSI reading of 30 or below indicates an oversold or undervalued condition. Overbought refers to a security that trades at a price level above its true (or intrinsic) value. That means that it's priced above where it should be, according to practitioners of either technical analysis or fundamental analysis. Traders who see indications that a security is overbought may expect a price correction or trend reversal. Therefore, they may sell the security.
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10 Common Technical Indicators Simply Explained for Easy TradingTrend Indicators:
1. Moving Average (MA):
The Moving Average is a popular trend-following indicator that smooths out price data by creating a constantly updated average price.
The MA is used to identify the general direction of a trend, as well as potential support and resistance levels. The most commonly used MA types are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).
Short-term traders often use shorter MAs, such as the 10-day or 20-day MA, while longer-term traders may use the 50-day or 200-day MA.
2. Moving Average Convergence Divergence (MACD):
The MACD is another trend-following momentum indicator that shows the relationship between two moving averages of a security's price.
The MACD consists of a fast line (12-day EMA), a slow line (26-day EMA), and a signal line (9-day EMA). The MACD is used to identify trend reversals and momentum shifts.
When the fast line crosses above the slow line, it is considered a bullish signal, and when the fast line crosses below the slow line, it is considered a bearish signal.
Momentum Indicators:
3. Relative Strength Index (RSI):
The RSI is a popular momentum oscillator that measures the velocity and magnitude of price movements. The RSI compares the average gains and losses over a specific period of time to determine whether a security is overbought or oversold. The RSI typically ranges from 0 to 100, with readings above 70 indicating overbought conditions and readings below 30 indicating oversold conditions. The RSI can be used to confirm price trends and to identify potential trend reversals.
4. Stochastic Oscillator: The Stochastic Oscillator is another momentum oscillator that compares the closing price of a security to its price range over a specific period of time.
The Stochastic Oscillator consists of two lines: %K and %D. The %K line is the main line, and the %D line is a moving average of the %K line. The Stochastic Oscillator is used to identify overbought and oversold conditions and potential trend reversals. When the %K line crosses above the %D line, it is considered a buy signal, and when the %K line crosses below the %D line, it is considered a sell signal.
Volatility Indicators:
5. Bollinger Bands:
Bollinger Bands are a popular volatility indicator that consists of three lines: a moving average, an upper band, and a lower band. The upper and lower bands are typically set two standard deviations away from the moving average. The bands expand and contract as volatility increases and decreases.
When the price is at the upper band, it is considered overbought, and when it is at the lower band, it is considered oversold. Bollinger Bands can be used to identify potential trend reversals and to confirm price trends.
6. Average True Range (ATR):
The ATR is a volatility indicator that measures the average range of a security's price over a specific period of time.
The ATR is typically used to identify potential breakout opportunities and to set stop-loss orders. High ATR readings indicate high volatility, while low ATR readings indicate low volatility.
Oscillator Indicators:
7. Commodity Channel Index (CCI):
The CCI is an oscillator indicator that measures the difference between a security's price and its average price over a specific period of time.
The CCI typically ranges from -100 to +100, with readings below -100 indicating oversold conditions and readings above +100 indicating overbought conditions.
The CCI can be used to identify potential trend reversals and to confirm price trends.
8. Relative Vigor Index (RVI):
The RVI is another oscillator indicator that measures the strength of a security's price relative to its closing price range over a specific period of time.
The RVI typically ranges from 0 to 100, with readings above 50 indicating bullish conditions and readings below 50 indicating bearish conditions. The RVI can be used to identify potential trend reversals and to confirm price trends.
Volume Indicators:
9. On-Balance Volume (OBV):
The OBV is a popular volume indicator that measures the buying and selling pressure of a security based on its volume.
The OBV adds the total volume of a security when its price increases and subtracts the total volume when its price decreases.
The OBV can be used to confirm price trends and to identify potential trend reversals.
10. Chaikin Money Flow (CMF):
The CMF is another volume indicator that measures the buying and selling pressure of a security based on its volume.
The CMF takes into account both the price and volume of a security to determine its overall buying and selling pressure.
The CMF typically ranges from -1 to +1, with readings above 0 indicating buying pressure and readings below 0 indicating selling pressure.
The CMF can be used to confirm price trends and to identify potential trend reversals.
In conclusion, technical indicators are essential tools for traders to analyze securities and make informed decisions about buying and selling.
Each indicator has its own strengths and weaknesses, and traders often use a combination of indicators to confirm their trading decisions.
By understanding how these indicators work and what they measure, traders can gain a deeper insight into the behavior of the markets and potentially improve their trading performance.
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Bearish March for $SPYI have strong belief that it will be a good time to short the market in March. Last month $SPY went up to grab liquidity(short stops) from the recent high of December at $410 with a lack of displacement. AMEX:SPY also came back to test a mitigation block that was formed at the beginning of the bear run in Feb. 2022.
If it closes the month of March below the next recent high, which would be 431.73, I will be looking to short with a target around $348
📊 Best Beginner Technical IndicatorsTechnical indicators are mathematical calculations based on an asset's price and/or volume that are used to analyze market trends and identify potential trading opportunities.
📍Trend indicators:
These indicators are used to identify the direction of the market's trend over a given time period. Some popular trend indicators include moving averages, trendlines, and the Average Directional Index (ADX).
📍Relative strength indicators:
These indicators compare the strength of a security's price action to the strength of a market index or another security. They are often used to identify potential buying or selling opportunities based on whether a security is overbought or oversold. Examples of relative strength indicators include the Relative Strength Index (RSI) and the Stochastic oscillator.
📍Momentum indicators:
These indicators measure the rate of change in a security's price over a given time period. They can be used to identify potential trend reversals or confirm the strength of a current trend. Examples of momentum indicators include the Moving Average Convergence Divergence (MACD) and the Rate of Change (ROC).
📍Volume indicators:
These indicators measure the trading volume of a security over a given time period. They can be used to confirm the strength of a trend or identify potential trend reversals. Examples of volume indicators include the Chaikin Oscillator and On-Balance Volume (OBV).
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ApeCoin APE Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My APE ApeCoin Price Targets:
APE/USDT short
Entry Range: $3.50 - 4.50
Price Target 1: $3.00
Price Target 2: $2.60
Price Target 3: $2.00
Stop Loss: $5.25
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GOLD : How to trade with Rsi IndicatorOANDA:XAUUSD
What Does RSI Mean?
The relative strength index (RSI) measures the price momentum of a stock or other security. The basic idea behind the RSI is to measure how quickly traders are bidding the price of the security up or down. The RSI plots this result on a scale of 0 to 100.
Readings below 30 generally indicate that the stock is oversold, while readings above 70 indicate that it is overbought. Traders will often place this RSI chart below the price chart for the security, so they can compare its recent momentum against its market price.
How do you trade effectively with RSI?
The common levels to pay attention to when trading with the RSI are 70 and 30. An RSI of over 70 is considered overbought. When it below 30 it is considered oversold. Trading based on RSI indicators is often the starting point when considering a trade, and many traders place alerts at the 70 and 30 marks.
KEY TAKEAWAYS
The relative strength index (RSI) is a popular momentum oscillator introduced in 1978.
The RSI provides technical traders with signals about bullish and bearish price momentum, and it is often plotted beneath the graph of an asset’s price.
An asset is usually considered overbought when the RSI is above 70 and oversold when it is below 30.
The RSI line crossing below the overbought line or above oversold line is often seen by traders as a signal to buy or sell.
The RSI works best in trading ranges rather than trending markets.
03/20/2023 (Monday) SPY and Market Analysis and Deep Dive into cIn this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
You can use the links below and hit play to see the progression of these indicators from when I initially published them.
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Top 10 Technical Indicators for Successful TradingTop 10 technical indicators for successful trading
Introduction:
Technical indicators are essential tools for traders to analyze market trends, identify potential trading opportunities, and manage risk. These indicators are mathematical calculations based on past price and volume data that can help traders make informed decisions about buying or selling assets. In this article, we'll discuss the top technical indicators that traders can use to enhance their trading strategies.
Moving Average:
A moving average is a widely used technical indicator that helps traders identify market trends. A moving average is calculated by averaging the price of an asset over a specific period, such as 10 days or 50 days. This indicator smooths out the price data and makes it easier for traders to identify the direction of the trend. When the price is above the moving average, it's considered a bullish trend, and when the price is below the moving average, it's considered a bearish trend.
Relative Strength Index (RSI):
The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a price trend. The RSI is calculated by comparing the average gains and losses over a specific period, typically 14 days. The RSI value ranges from 0 to 100, with values above 70 indicating an overbought market, and values below 30 indicating an oversold market. Traders can use the RSI to identify potential trend reversals and overbought or oversold conditions in the market.
Bollinger Bands:
Bollinger Bands are another widely used technical indicator that helps traders identify potential trend reversals and price volatility. Bollinger Bands consist of three lines: a moving average in the center, and two outer bands that represent the standard deviation of the price data. When the price is within the bands, it's considered normal market volatility. However, when the price reaches the outer bands, it's considered an overbought or oversold condition, and a potential reversal may be imminent.
MACD (Moving Average Convergence Divergence):
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that helps traders identify changes in momentum and trend reversals. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A signal line, which is a 9-day EMA of the MACD, is also plotted on the chart. Traders can use the MACD to identify potential buy and sell signals, as well as divergences between the MACD and the price of the asset.
Fibonacci Retracements:
Fibonacci Retracements are a popular technical indicator that helps traders identify potential support and resistance levels. Fibonacci Retracements are based on the idea that prices tend to retrace a predictable portion of a move, after which they may continue in the original direction. Traders can use Fibonacci retracements to identify potential entry and exit points, as well as stop-loss levels.
Stochastic Oscillator:
The Stochastic Oscillator is another momentum oscillator that helps traders identify overbought and oversold conditions in the market. The Stochastic Oscillator is calculated by comparing the closing price of an asset to its price range over a specific period. The Stochastic Oscillator value ranges from 0 to 100, with values above 80 indicating an overbought market, and values below 20 indicating an oversold market. Traders can use the Stochastic Oscillator to identify potential trend reversals and overbought or oversold conditions in the market.
Average True Range (ATR):
Average True Range (ATR) is a technical indicator that measures the volatility of a stock or currency. Developed by J. Welles Wilder Jr., ATR calculates the average range of price movements over a specific period, taking into account gaps in price movements. ATR is typically calculated over a period of 14 days, but traders can adjust this period to fit their specific trading strategy.
To calculate ATR, traders first calculate the true range (TR), which is the greatest of the following:
Current high minus the current low
Absolute value of the current high minus the previous close
Absolute value of the current low minus the previous close
Once the true range is calculated, traders can calculate the ATR by taking an average of the true range over a specific period.
ATR can be used to measure volatility in the market, helping traders to identify potential trading opportunities. When ATR is high, it indicates that there is a lot of volatility in the market, which can present opportunities for traders to profit. Conversely, when ATR is low, it indicates that the market is relatively stable, and traders may want to avoid entering trades at that time.
Ichimoku Cloud:
The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a technical indicator that provides a comprehensive view of potential support and resistance levels, trend direction, and momentum. The indicator was developed by Japanese journalist Goichi Hosoda in the late 1930s and has gained popularity among traders in recent years.
The Ichimoku Cloud consists of five lines, each providing a different view of the market:
Tenkan-Sen: This line represents the average of the highest high and the lowest low over the past nine periods.
Kijun-Sen: This line represents the average of the highest high and the lowest low over the past 26 periods.
Chikou Span: This line represents the current closing price shifted back 26 periods.
Senkou Span A: This line represents the average of the Tenkan-Sen and Kijun-Sen, shifted forward 26 periods.
Senkou Span B: This line represents the average of the highest high and the lowest low over the past 52 periods, shifted forward 26 periods.
The area between Senkou Span A and Senkou Span B is referred to as the "cloud" and is used to identify potential support and resistance levels. When the price is above the cloud, it indicates a bullish trend, and when the price is below the cloud, it indicates a bearish trend.
Traders can also use the Tenkan-Sen and Kijun-Sen lines to identify potential entry and exit points, with a bullish crossover of the Tenkan-Sen above the Kijun-Sen indicating a potential buying opportunity, and a bearish crossover of the Tenkan-Sen below the Kijun-Sen indicating a potential selling opportunity.
Conclusion:
In conclusion, technical indicators are valuable tools for traders in the financial markets. The Average True Range (ATR) can be used to measure volatility in the market, while the Ichimoku Cloud provides a comprehensive view of potential support and resistance levels, trend direction, and momentum. By using these indicators in combination with other technical analysis tools and market knowledge, traders can make informed trading decisions and improve their chances of success. It's important for traders to experiment with different indicators and find the ones that work best for their trading strategy.
Bitcoin - Indicators have Cooled DownBitcoin Quick Analysis
There was a panic in the market yesterday related to the USDC. Yes, very big banks went bankrupt, it's understandable. But looking at the chart, all the noise that was connected with USDC looks like another manipulation. Do not forget that the markets are ruled by the emotions of fear and greed.
Indicators have cooled down, which is good, RSI is out of oversold area, usually it is a strong reversal signal, I am not surprised that it will be a turning point for the price and in some time Bitcoin will continue its movement to the levels of $28 - $32k.
Perhaps today there will be new buy signals from my trading indicators.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚