DXY Dollar Index Setup
The average fib lookback of the detrended price oscillator is showing bullish divergence forming.
Laguerre RSI is oversold and trying to build for a breakout.
This chart is shareable
Laguerre Relative Strength Index (Laguerre RSI)
BTCUSD 6H Momentum / LAGUERRE RSI / VOLUME OSCILLATOR ANALYSISBTCUSD Potential heavy move inbound withing the next 10-15 days.
Bulls are running out of real estate in their current bullish pennant formation
We could see a healthy retrace before any continuation of retest at 10K.
This chart is shareable. Set alerts to detemine bullish or bearish entry.
Watch the volume oscillator closely to decipher when the move will begin.
Orange dots represent bullish momentum building against bear momentum.
And Blue dots represent bearish momentum building against bull momentum.
Crossovers are even more conservative.
BTC - Different view on RSIHello Crypto Family,
We already know about the Price Triangle, and most probably you have noticed that MACD and RSI are in a similar Triangle. If not, check the chart, breaking these lines will be huge for BTC.
I want to offer you a new perspective so let's look at my new Indicator.
V-Laguerre/Stochastic RSI
Laguerre and Stochastic RSI are well-known Indicators, to make them easier to read I've written myself a script to overlay both of them in a single indicator.
(You don't need a script to overlay them since TV support overlaying indicators, depending on your Tradingview version, you might have some limitations.)
If you look at this Indicator, every time Laguerre RSI was in the oversold area, and Stochastic RSI started to rise, we had a move up in price. Also, every time Laguerre RSI was in the overbought area, and Stochastic RSI started to drop, we had a move down in price. (Daily)
At the moment, the Stochastic is rising and Laguerre RSI has enough room to move up.
If you look at the V-Laguerre/Stochastic RSI indicator, I've marked 3 different phases (in different colours). It looks like BTC is repeating this phases since Feb.
I'm more leaning to bullish than bearish on Bitcoin, waiting for the breakout and confirmation.
Did You know this system?Settings made by me for 4h BTCJPY Bitflyer chart with 0.05% provision (i think this provision is used by Zaif likely).
Of course there is no need to play shorts (much riskier in case of spikes up with no sl on short position even with no leverage. in long position case there is no need for sl without leverage), longs should be profitable on longterm basis.
I have similar neural network based system, but as i found some glitches with it, i share with You with this simplified system - based on laguerre rsi indicator.
Settings: 0.3, 0.6, 0.4, trade size: 50% of equity (but in case of only long playing can be 100%) and provision 0.05%
The main thing is to find good start point for strategy like this or start now and have some losses if downtrend will continue after some spikes up.
Many says however that trading systems like this are prosthesis for bad technically and mentally players, but i dont care what other say;)
Other thing is provision rate. In case of higher provision this system could turn your account into zero very fast.
BZUN weekly chart is getting ready to explode upwardsSee comments on the chart. I expect a lot of buy orders flowing in January for massive gains throughout 2018. Good luck to all longs.
