Get started

Indicators

ETHUSD can buyers follow up on Yesterday's rally?Hi, and welcome to today’s update. Today we are focusing on ETHUSD after yesterday’s solid rally. Today’s format is slightly different as we use a double CCI method to analyse the current price action. These methods are nothing new and are primarily used to validate trend continuation ideas. Indicators, whether you love them or hate them, are just tools. We still need to look at price stricture and levels to gauge the whole picture. Take today’s report. The MA and CCis point to a potential long position, but we still need to see buyers break yesterday’s high to show buyer momentum is back on track. Just after that point, buyers face key resistance at 1665. Yesterday’s bar broke out of the minor retracement, but we still need to see fresh buying to confirm a new push higher is happening. We have run over these aspects in more detail in today’s video. Don’t agree or want to add something? Please feel free to drop us a comment.
EIGHTCAP:ETHUSDLong
by Eightcap
Why you should only think about charts when looking at chartsHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- When looking at the investment market, the first thing to do is to analyze the chart, and I wanted to say that the most important thing is how to create a trading strategy that suits your investment style with that chart. ------------------------------------------------- Most people try to predict the movement of the investment market by looking at the announcement of various economic indicators and the contents of global issues (war, corona, etc.). A big issue must be something that can cause great volatility in the investment market, but it is also clear that when such an issue accumulates, it can no longer create volatility. So, you should be careful that trying to predict the movement of the investment market with such issues can make a wrong prediction. Sudden big issues For example, in the case of a global shock due to an issue such as the 9/11 terrorist attack, it may cause great volatility without time to respond. Other than these issues, most of the chart's price movement will react first. In order to see this pre-reflection in advance, you need to look at the chart without reflecting factors that can change your psychological state, such as the announcement of various economic indicators or global issues. I don't think this kind of work is a big deal, but it is a very important factor that occupies a fairly important part of investing. We need to think a lot about how to figure out the trend only with the movement of the chart, away from the announcement of various economic indicators and thoughts about global issues. As it rises above the indicator called Low, which was created on June 19, 2022, we can see that it is splitting the flow of the chart in half. A change in the -100 indicator has always completed a low. Although it is currently showing a different look than before, it will form a low as long as the -100 indicator is created. The +100 indicator is an indicator that starts generating when a high is formed. Therefore, a rise above the +100 indicator means that the uptrend to break the high is likely. Therefore, in order to show a full-fledged uptrend from the current price position, it must rise above 38K. The high point has been holding for a long time now. However, the low point has not yet formed a clear point due to the change of the -100 indicator. However, as the -100 point is moved near the current price range, the possibility of forming a low is very high. This shows that we are facing a new trend. Keeping the price above 17941.69 is most important from a short-term perspective to create this new trend. The next most important thing is to keep the price above 20552.75. Then, it completes the appearance of a trough (a phenomenon in which the price drops more before making a bigger rise) before showing an uptrend. The StochRSI indicator is showing a fairly rapid decline. We will verify what we said above by looking at where the Stoch RSI indicator finds support and resistance when it turns upside down. This change in support and resistance points can tell you which direction the movement of the current chart is about to head. You may think my explanation is inconclusive, but the conclusion has already been drawn. We live in a flood of information. It is quite difficult to infer an objective conclusion by synthesizing such a large amount of information. Therefore, it is necessary to objectify all information using objectified tools and indicators. Many celebrities' chart analysis methods and trading methods are introduced on the Internet or in books. In order to make the contents of these people my own, it can only be acquired through numerous transactions and numerous experiences. Over time, trends change and all patterns change and evolve. In order to read the chart in line with these changes, I think it is better to use a simpler and faster way to analyze. This is because you can keep up with the ever-changing trends. It is more important to make your own mental state stable due to volatility by investing more time in the trading strategy than the time used for analysis. What do you guys think? -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
INDEX:BTCUSDEducation
by readCrypto
10
Bitcoin(BTCUSD) - Overbought - DecreaseOn the chart of Bitcoin (BTCUSD) we can see an overbought condition on a daily timeframe. The three indicators used are the Bollinger Bands, Relative Strength Index and the Stochastics. All three indicators are indicating an overbought condition. The price is currently bouncing off a resistance strong resistance. In combination with the information from the indicators, it is likely for the price to decrease within the range until it finds support. See all further details on the chart. Good luck!
BITSTAMP:BTCUSDShort
by vf_investment
11
1D BTC chart and volume volatilityThis is how I see it. Two months ago when FTX crash happened, it created a hole in daily S/R levels, as we can see on VRVP on the right, which was easily used to rise the price again, but no significant increase in volume between big moves. The brightness of the candles on my chart is showing volume per candle. Last three days, we got new highs without volume. Judging by the BTC dominance, those highs were created by bleeding from the alts. So... We had the last local bottom on Jan 1st, and it was at the -45 RSI level. Since yesterday we have printed local top at 100 RSI level and reversal of the trend on my indicator. And a hole in VRVP remains. All that tells me a big correction is needed to get another big leg up. If not, a new low.
Short
by RockinHood
4
APEUSDTHello dear friends On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak. But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern. On lower timeframes, the drawn bearish scenario is very likely. However, if the range of $2.618 is maintained, the possibility of a bullish scenario will also be strengthened. We would be happy to hear your comments
by FiboTech
2
TRXUSDT TECHNICAL ANALYSIS$TRX launched in June 2018 and TRON value was $0,052, last ATH was $0,178. Tron has been lost value lower than when first launched. We haven't got any BUY signals from our robo advisor/ indicator @EngineeringRobo yet in daily chart. But we have got our first buy signal with MA20&50 then MA50. Also, the candles are already breakout down trend-line plus one candle opened-closed completely above down trend-line. It may an opportunities for buy then we may earn first of all 5% then 10%. Let's follow our chart closely and do not forgot the follow me. "NFA""
by ABSTOCKER
BTC/USD Sideway what can we plan?Hi everyone and Happy new years 2023 From Thailand. Wishing you happy and wealthy. Okay let talk about BTC, we surely BTC are in downtrend and now are sideway in downtrend after that no one know it will go to lower low or make reversal pattern but we can do trading by use Stochastic you see in Charts Stochastic quite affect in sideway, my advise is when Stochastic are Overbought and clash with resistant that are Shorts/Sell Signal and Stochastic are Oversold and clash with support that are Long/Buy Signal. However you have to follow closely because range movement of BTC it's so narrow, keep do risk management if ratio of risk/reward less 1:2 it's not worthy to take that position. That my idea hope you get some ideas to trade. Ps. Market always right and should not fight with market.
COINBASE:BTCUSD
by Nicehappy
XRPUSDT TECHNICAL ANALYSISThe Ripple $XRP has been lost over 85% since April 2021 and the candles are on the our downtrend-line. If one of the next coming candle open close completely above the downtrend-line, it may an opportunity to earn something. We haven't got buy signals from our robo advisor @EngineeringRobo yet in daily chart and still say us it is BEARISH for Ripple. MA almost cross each other and it may give us buy signal too in features. If you want to invest $1000 in Ripple, Do not invest your whole money right away in Ripple. First of all you need to invest of your half of the investment when we get Buy signals from @EngineeringRobo . Then invest 30% of your investment if we have 2 buy signals/open-close above the trend-line then you can invest rest of it if robo fully turn on bull. "NFA"
by ABSTOCKER