Bullish Pennant breakout for Hive! $39 CAD price target.Hive appears to be trading in multiple bullish patterns.
Noticeably the stock is creating higher lows and higher highs forming a bullish pennant & a crude bull flag pattern.
Hive has bounced off the upward sloping support of the pattern 4-5 times, displaying strong support for the bulls.
Considering Hive is correlated to the price of Bitcoin & Ethereum we should see some volatile price action over the upcoming months heading into the US presidential elections..
Bullish cross on the KST
Also, the halving will start being priced into bitcoin as a supply shock is on the verge of occurring near term.
KST
$140K USD for Bitcoin in 2025!!! It appears as though Bitcoin is trading in a descending channel, with a potential breakout happen in the near term.
BTC has tested the downward sloping resistance of a descending channel pattern multiple times, each time BTC is creating a lower high & a lower low, which is inherently bearish.
The williams alligator is also displaying a bullish cross & the bands are widening in an upward direction, which is a bullish indicator.
Bullish cross on the KST as well. I have placed upward arrows at each bullish cross in the recent past showing a direct correlation to upward price swings.
TNY is bouncing off of DMA. Bullish Flag...TNY appears to be trading in a bullish flag and bouncing off of the DMA which is inherently bullish.
Lots of speculation around this stock becoming involved with AB-InBev due to new BOD members.
Interesting timing considering DEA re-scheduling and federal reform in America.
Speculation is speculation, but the chart is indicating an upswing.
And the company is expanding in 3 emerging markets.
One to watch.
Ascending Triangle breakout for GTII GTII appears to be one of the cannabis companies in America holding their market cap relatively intact.
There is an ascending triangle pattern on the verge of breaking out, and like clockwork cannabis reform in America is a hot topic to capture voters of all ages.
“There’s no excuse for our not being in the forefront for something that is now legal for 97 percent of the American public and, where people have a chance to vote, they vote to change the policies,” Blumenauer said. “I am hopeful that we can see some action following through on the legislation I passed—but, more importantly, on the things that the American people want.”
Know Sure Thing: Navigating Trends and Volatility EffectivelyIn the realm of technical analysis, the Know Sure Thing (KST) indicator stands out as a robust tool for traders seeking to decipher market trends and manage volatility effectively. This momentum-based oscillator amalgamates multiple moving averages to offer a comprehensive perspective on market momentum across various timeframes.
Introduction to the Know Sure Thing (KST) Indicator
The Know Sure Thing (KST) indicator is designed to unveil the market's underlying momentum, encompassing both short and long-term trends. The KST is a dynamic momentum oscillator rooted in the Rate of Change (ROC) principle. It amalgamates four distinct ROC timeframes, smoothing them via Simple Moving Averages. Consequently, the KST generates a fluctuating final value, oscillating above and below a Zero Line. Additionally, it incorporates a signal line, derived from an SMA of the KST line itself.
The moving average methodology of KST empowers traders with a tool capable of identifying both bullish and bearish trends, providing an encompassing view of market momentum shifts. Fundamentally, this indicator gauges momentum using the ROC across four price periods, aiding analysts in detecting divergences, overbought or oversold market conditions, and crossovers.
Understanding Trends with KST
The KST indicator is predominantly used to discern the strength and direction of market trends. When the KST line crosses above its signal line, it signifies a bullish trend shift, indicating a potential upward price movement. Conversely, when the KST line dips below the signal line, it suggests a bearish trend shift, signaling a potential downward price movement.
Similar to the MACD, when a crossover happens and the KST line crosses over the zero the overall signal can be considered to have a greater degree of confirmation.
Moreover, traders rely on crossovers and divergences within the KST indicator for confirming trend reversals or continuations. Bullish and bearish divergences between KST and price action can provide valuable insights into potential market movements, offering opportunities for traders to enter or exit positions.
Managing Volatility Using KST
Beyond trend identification, KST also assists in measuring market volatility. It enables traders to gauge the degree of volatility present in the market at any given time. Sharp spikes or fluctuations in KST readings often coincide with periods of increased market volatility. This information is crucial for traders as it aids in adapting their strategies to accommodate varying market conditions, thereby managing risk more effectively.
Practical Applications of KST
A practical application of KST involves combining its signals with other technical indicators, such as Moving Average Convergence Divergence (MACD) or Relative Strength Index (RSI), to strengthen trade setups. For instance, if KST indicates a bullish crossover and MACD confirms the same, it enhances the confidence of a potential uptrend.
Additionally, traders use KST to identify bullish or bearish signals in conjunction with chart patterns. A bullish KST crossover alongside a bullish chart pattern like a "falling wedge" could reinforce the conviction for a long position.
Tips for Effective Utilization:
Effective utilization of the KST indicator requires a clear understanding of its strengths and limitations. Traders should consider experimenting with different settings and timeframes to find the optimal configuration that aligns with their trading strategies. Always implement some form of backtesting or paper trading to confirm that your strategy is in fact profitable.
The strengths of the KST indicator lies in its ability to offer a more complete view of market momentum. However, like any technical indicator, KST has limitations. During choppy or ranging markets, it might generate false or contradictory signals, leading to potentially misguided trading decisions. Traders should exercise caution and supplement KST readings with additional forms of analysis to mitigate the impact of its limitations.
It's paramount not to rely solely on a single indicator like the KST, but to corroborate KST signals with signals from other indicators or methods of analysis. A fortified approach involving multiple confirmatory signals, fundamental analysis, and risk management strategies strengthens trading decisions and minimizes potential false signals from any single indicator.
Conclusion:
The journey to mastering the Know Sure Thing (KST) indicator involves continuous learning, experimentation with settings, and adapting to evolving market conditions. By staying adaptable, open to new strategies, and consistently refining trading methodologies, traders can harness the full potential of the KST to navigate trends and volatility effectively.
In summary, the KST serves as a valuable addition to traders' toolkits, empowering them to make better trading decisions. Remember, while the KST enhances market analysis, prudent risk management and a comprehensive trading approach remain pivotal for sustained success in the dynamic world of financial markets. Good luck and happy trading!
How to Trade with a Know Sure Thing (KST) IndicatorAs every decision counts when trading in a fast-paced financial environment, confirming a move to buy or sell using indicators may be a safer strategy for gaining an edge. KST is an important tool that you can apply when trading to check current trends, develop new trading signals, and analyse trend reversals. This FXOpen article provides a detailed exploration of how to adopt a KST indicator trading strategy.
What Is a Know Sure Thing (KST) Indicator?
In the financial markets of changing trends, technical analysis can help you make informed trading decisions. The Know Sure Thing indicator is a viable option among the various technical indicators available. You may ask, “What is a KST indicator?” It is a momentum indicator with two lines of varying colours that move up and down around the zero line. The KST measures the price momentum of four rates of change (ROC) calculations to create a composite indicator. Each ROC uses different periods, allowing it to incorporate multiple timeframes to present a more reliable picture of the underlying trend. It also minimises short-term fluctuations as well as price noise.
How to Calculate the Know Sure Thing (KST) Indicator
The KST is based on the weighted average of four smoothed ROC values. You can calculate it by taking simple moving averages (SMA) of ROCs with four different periods, multiplying each by a figure from 1 to 4 and adding them up. Use these equations for this calculation:
KST = (RCMA #1 × 1) + (RCMA #2 × 2) + (RCMA #3 × 3) + (RCMA #4 × 4)
Where:
RCMA #1 = 20-period SMA of 10-period ROC
RCMA #2 = 20-period SMA of 15-period ROC
RCMA #3 = 20-period SMA of 20-period ROC
RCMA #4 = 25-period SMA of 30-period ROC
The indicator also includes a signal line that is calculated as the following:
Signal line = 9-period SMA of KST
Taking the four ROC settings, ROC indicators’ moving averages, together with a signal line, the resulting parameters of the KST are 10, 15, 20, 30, 20, 20, 20, 25, and 9.
How to Use a KST Indicator Strategy
There are several strategies for using a KST.
Trend Reversals
With KST, you can identify a potential trend reversal. A trend may turn upwards when the indicator crosses above the zero line. In contrast, it may turn downwards when the indicator crosses below the zero line.
However, as the indicator consists of two lines, their crosses can also be used to identify the price direction. When the KST (green) crosses below the signal line (red), this may suggest a likely shift from bearish to bullish momentum. Also, when the indicator line breaks above a signal line, it suggests a potential upward move.
Check this image for a vivid illustration.
Divergence
A divergence occurs when an asset’s price tends toward a direction different from that of the indicator. When this happens, it signifies that the current trend is losing its momentum. A bullish divergence occurs when the KST line makes higher lows while the asset price makes lower lows. This may signify a likely bullish reversal, as the bears are losing power, and the bulls may be ready to control the market again.
Similarly, a bearish divergence occurs when the KST makes a lower high while the asset price makes a higher high. Bulls may lose power, while the bears are ready to control the market again.
Chart image showing a hidden bullish divergence:
How to Combine a Know Sure Thing (KST) Indicator with Other Technical Analysis Tools
While KST can be a useful tool for technical analysis, you can potentially increase the reliability of its signals by combining it with other technical analysis indicators on the TickTrader platform. Here is a list of commonly used tools that can be combined:
Moving averages
A moving average (MA) can be helpful for confirming an identified trend. You can apply a moving average indicator to smooth out the KST line and reduce false signals or noise. When the MA declines, and the price is below it, the trend is bearish. Conversely, when the MA rises, but the price is above it, the trend is bullish. These signals can be confirmed with the KST crossovers.
Here is a chart showing a combination of the KST indicator with a moving average:
Relative Strength Index (RSI)
You can get additional confirmation or divergence signals by combining the RSI with the KST. The relative strength index is a momentum oscillator that measures an asset's price change, including speed. If you generate a bullish signal using KST when RSI is leaving or has just left an oversold territory, it may indicate a strong bullish reversal, while if there is a bearish signal on the KST indicator when the RSI is leaving or has just left in the overbought zone, it may predict a strong bearish reversal.
Chart showing a combination with the RSI
Moving Average Convergence Divergence (MACD)
The MACD is a trend-following tool. It consists of a signal line, an MACD line, and a histogram, that bring light to changes in the direction, strength, and momentum of a trend. You can combine Know Sure Thing with the MACD to identify trend reversals. If the MACD generates converging signals or bullish crossovers, it may strengthen an occurrence of a likely upward shift predicted by the KST. Similarly, a diverging signal or bearish crossovers on the MACD may add weight to a likely downward shift, which is reflected by the Know Sure Thing indicator.
Chart showing a combination of MACD
Conclusion
The Know Sure Thing (KST) indicator is a versatile tool that traders of different levels of experience can use. It provides a detailed perspective on market trends. It is straightforward to apply, so it can be added to your arsenal even if you have never used it before. Combining it with other technical analysis tools and appropriate risk management strategies aids informed trading decision-making. You can trade with this indicator on the FXOpen trading app or website – just open an FXOpen account and start your journey.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
KST WAITING FOR THE NEXT PUMP(KARUS STARTER IN GATE IO )This coin has 7.800 dollar market cap which means any normal guy can pump this coin as you can see on the chart every month it has a huge pump.
Acreage is flirting with the resistance of a descending channel Bullish cross on the KST & Williams alligator.
The stock is getting very close to the 200DMA.
JSDA is showing bullish momentum! Ascending Triangle?Bullish cross on the KST where I've placed a blue thumb up.
Bullish cross on the Williams alligator with widening brands to the upside, inherently bullish indicator.
Playing peekaboo with the 200DMA.
A break above the 200DMA & 55c to 70c incoming real quick, maybe entering the cannabis sector is the type of move that will eventually attract volume to the newly CSE listed ticker for Jones Soda. Lots of great reviews on Mary Jones IN California.
Expect strong resistance at 80c if bullish momentum continues into the new year.
The trend is your friend, let it run!!The bullish momentum is undeniable since breaking above the 200 DMA in September.
Bullish cross on the William Alligator in September coinciding with the 200 DMA bullish cross.
On the Williams alligator, the bands expanding/widening in an upward motion, inherently bullish. But if I am commenting on the stock a Grizzly bear is lurking in the bushes...
8-dollar resistance, 18-dollar resistance, then 28, trade-ups and downs, it's. going to be a rollercoaster!
KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨Update:
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨
Except one bad signal October 2018 we had six beautiful buy signal for BTC with great gains followed
Crypto Nation - two weeks ago KST crossed❌again
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨Wow ‼️
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨
Except one bad signal October 2018 we had six beautiful buy signal for BTC with great gains followed
Crypto Nation - last week KST crossed❌again
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
The Force is Strong in This One. The Fed vs the Rebel Alliance The Empire is strong, Darth Powell’s lightsabre is carving into every company, fund, and bond, but instead of cutting off limbs, his magical weapon is adding them.
What we end up with is a grotesque monster that does not resemble anything in the known universe.
Every right-minded investor knows in the back of their mind that this cannot last.
But while it does last, why not make a profit?
I know many of you are strong bears, even perma bears. However, you need to go big as a bear at the right time or it begins to hurt quickly.
I reserve the right to change from a bull to a bear is the drop of a hat, so don’t be surprised if I change. And you should too, being flexible is key to profits.
What I share here are my thought processes, I do not want or expect anyone to take my advice, make your own mind up what to do with your money.
Technical Analysis & Thoughts
The ISLAND TOP – in technical analysis, this is a serious concern for a major direction change because it depicts the battle between extreme bulls and bears. In this case, the bears won. I guess the feds massive purchasing of Index ETFs, stabilized everything again.
Shock Day
The mauling of the markets on June 11th was huge, although the market has recovered, but this is an important sign. In a normal pullback, 5% loss in a week indicates a serious reversal. I have backtested this back to 1920. This was greater that 5% in a day, a serious shock. Another 1 or 2 of these shocks will be the end of this Goldilocks recovery.
Confidence is everything and we are all feeling very itchy.
ADR is still very positive , the up days are excellent, freakish really, but they are weakening.
RSI and KST are not telling us too much.
@Mystrybox pointed out that pyjama investors / Ma and Pa investors are pouring into the market, and even the Economist magazine mentioned it this week. A sure sign of a bubble if I ever saw one.
Summary
You expect it, I expect it, the right-thinking rebel alliance of bears see an unsustainable market.
But in the short-term, I am long and making money until Mr. Market tells me to move to cash and short.
Watch out for drops of more than 5% in a week as a tell-tale early signal of a significant move down.
Stay safe traders/investors.
Barry
Like and Follow for future updates via tradingview
The Trump Pump Effect is Starting to Wear OffThe market is currently in a short term 22-day consolidation.
We currently have a double top and considering the futures, we will probably hit a triple top.
What is interesting to note is the recent $3 trillion aid package did not have an extremely positive effect on the market, unlike those previously.
Looking at the advance-decline ratio we see that the Bullish appetite is diminishing, meaning the extremely bullish days are losing their power.
RSI is neutral suggesting a potential turn-around.
Finally, the KST indication is crossing over at the suggesting the market is running out of steam.
At some point, the market participants will realize that there is a serious economic decline ahead.
My guess is a triple top, decline, panic selling, and another bottom.
“You will get business failures on a grand scale.” So declared James Bullard, president of the Federal Reserve Bank of St Louis, on May 12th. Peter Orszag, a former official in Barack Obama’s White House and now with Lazard, an investment bank, warned that the American economy could face “a significant risk of cascading bankruptcies”.
If you like this analysis. Please like and follow to get more.
Thanks
Barry
Bulls In Control for Now - Pumping and Trumping :)I hand it to Trump, he will say anything to make sure the stock market moves in the right direction to get him elected.
This market should be called the "Trump Pump"
It's great for long-term investors FOR NOW.
The Long-term ramifications are hard to see, but most economists and experts agree the outlook is grim longer-term.
Indicators Confirming the Uptrend.
RSI 9 Confirming Uptrend
MoneyFlow - Confirming Uptrend
OBV - Volume noncommital
KST - Know Sure Think Confirming Uptrend
That means, for now, the short term trend is up, up, up.
I am going with arrow 3, then resistance at 3,000, then either a continuation of arrow 3, or arrow 2 back down.
Interesting to see Fibonacci retraced up to exactly 50%
Enjoy the ride folks.
Like and follow if you want more.
thanks
Barry
NYA Buy SignalTiming the bottom is almost impossible. Instead, look for buy signals. When the ROC indicator goes from mega oversold (-20) to mega overbought (+20), along with the KST either showing a positive divergence or weekly MA crossover and a McClellan Oscillator (measure of market breadth) mega oversold (-70) to mega overbought (70) is the signal I would look up for!
Sophiris (SPHS) Multi-month Ascending Broadening Wedge - BullishSPHS is in a multi-year ABW and with the latest partial decline, in addition to other important fundamental and technical factors, it will likely breakout upwards - To infinity and beyond!!