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M-oscillator

#GBPAUD A long position would be initiated if the price could break the falling wedge pattern to the upside. A short position would be considered if the price fails to break above the bearish channel's lower boundary and creates a lower low. The trading scenario with the line arrow has a higher possibility of occurring. Confirmations for the buying scenario: Bullish divergence in the 1H time frame. 4H RSX at the oversold (OS) area. Price testing an important daily support. This bearish breakout of the channel could be considered an overexertion with respect to the price level. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
Why I Think USDCAD Will Sell...Technical Analysis Hey Rich Friends, Happy Tuesday. I wanted to share my technical analysis on why I think USDCAD will sell. Remember to cross-check the indicators you have on your chart and check the news. - The candes have already rejected a previous supply zone - The 10 EMA (purple) has crossed above the 3 EMA (Blue) and this is a strong sell confirmation for me - The stochastic is facing down, the slow line (orange) is above the fast line (blue) and both lines are below 50 I would set my sell limits in the red-shaded area and use the green-shaded area for my TPs. Stop loss should be set above a previous high. Great luck if you decide to take this trade. Peace and Profits, Cha
Short
by MoneyMantraCha
Will MANTRA (OM) now print 80% correction?On the above 5 day chart price action has rocketed up 6000% since the strong bullish divergence of September 2023. A number of reasons now exist to be bearish, including: 1) Failed price action and RSI support. 2) Regular bearish divergence. Lots of it. 9 oscillators print negatively with price action. 3) A 80% correction is forecast. Can you tell why? Is it possible price action continues up? Sure Is it probable? no. Ww Type: trade, short Risk: you decide Short entry: From 76 cents Return: 80%
Short
by without_worries
Ethereum Name Service (ENS) to $90On the above 2-day chart price action has corrected over 80% since late 2021. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal prints. 2) Regular bullish divergence between price action and RSI. 3) Hidden bullish divergence between price action higher low and Stochastic RSI lower low. This is excellent to see follow point (1). Not only that but the higher low printed on the golden ratio. Safe as houses now. 4) The reversal candles indiate sellers are exhausted. For those of you that follow me, you’ll know what I mean by this. 5) On the 4-day ENS / BTC pair (below) the buy signal + bullish divergence is visible. Fantastic. The target is derived the falling wedge extension. Is it possible price action falls further? Sure. Is it probable? No. Good luck! Ww 4-day BTC pair
Long
by without_worries
13
The most Bullish Bitcoin signal since 2017 and 2012On the above weekly chart of Bitcoin price action a signal not seen since March 2017 and previously November 2012 has printed. No one on the social media circles is talking about. You heard it here first, remember that ;-) What is it? Weekly hidden bullish divergence. It is the same signal that allowed us to long the S&P 500 from 3750 and the Nasdaq 100 from 11k while the internet was calling for Armageddon. (Both ideas below). Think of a regular bullish divergence as an oil tanker. They confirm and price action reverses trend providing a clean pivot in the market. Now think of the hidden bullish divergence as a speedboat. They come out of nowhere, completely unexpected by the market catching everyone off guard. Only two previous hidden bullish divergencies have printed on the weekly chart in the past. March 2017, 1900% rally followed and November 2012, 10000% rally followed Some of you may be familiar with the deterministic forecast from Steve of CCU and notice the ratio between the returns of the first two bull markets as 5.3. Thus leading us to determine the next market top is at $75k after a 360% rally. However that is not going to happen because of changes to the M2 supply as I’ve discussed elsewhere. The theory does not account for those changes, and as result invalidates an otherwise solid forecast. The market top is further up, have revealed this target elsewhere! Ww S&P 500 to 6k from 3750 Nasdaq 100 long from 11k
INDEX:BTCUSDLong
by without_worries
24
RSI Indicator LIES! Untold Truth About RSI! The Relative Strength Index (RSI) is a classic technical indicator that is applied to identify the overbought and oversold states of the market. While the RSI looks simple to use, there is one important element in it that many traders forget about: it's a lagging indicator. This means it reacts to past price movements rather than predicting future ones. This inherent lag can sometimes mislead traders, particularly when the markets are volatile or trade in a strong bullish/bearish trend. In this article, we will discuss the situations when RSI indicator will lie to you. We will go through the instances when the indicator should not be relied and not used on, and I will explain to you the best strategy to apply RSI. Relative Strength Index analyzes the price movements over a specific time period and displays a score between 0 and 100. Generally, an RSI above 70 suggests an overbought condition, while an RSI below 30 suggests an oversold condition. By itself, the overbought and overbought conditions give poor signals, simply because the market may remain in these conditions for a substantial period of time. Take a look at a price action on GBPCHF. After the indicator showed the oversold condition, the pair dropped 150 pips lower before the reversal initiated. So as an extra confirmation , traders prefer to look for RSI divergence - the situation when the price action and indicator move in the opposite direction. Above is the example of RSI divergence: Crude Oil formed a sequence of higher highs, while the indicator formed a higher high with a consequent lower high. That confirmed the overbought state of the market, and a bearish reversal followed. However, only few knows that even a divergence will provide accurate signals only in some particular instances. When you identified RSI divergence, make sure that it happened after a test of an important key level. Historical structures increase the probability that the RSI divergence will accurately indicate the reversal. Above is the example how RSI divergence gave a false signal on USDCAD. However, the divergence that followed after a test of a key level, gave a strong bearish signal. There are much better situations when RSI can be applied, but we will discuss later on, for now, the main conclusion is that RSI Divergence beyond key levels most of the time will provide low accuracy signals. But there is one particular case, when RSI divergence will give the worst, the most terrible signal. In very rare situations, the market may trade in a strong bullish trend, in the uncharted territory, where there are no historical price levels. In such cases, RSI bullish divergence will constantly lie , making retail traders short constantly and lose their money. Here is what happens with Gold on a daily. The market is trading in the uncharted territory, updated the All-Time Highs daily. Even though there is a clear overbought state and a divergence, the market keeps growing. Only few knows, however, that even though RSI is considered to be a reversal, counter trend indicator, it can be applied for trend following trading. On a daily time frame, after the price sets a new high, wait for a pullback to a key horizontal support. Your bullish signal, will be a bearish divergence on an hourly time frame. Here is how the price retested a support based on a previous ATH on Gold. After it approached a broken structure, we see a confirmed bearish divergence. That gives a perfect trend-following signal to buy the market. A strong bullish rally followed then. RSI indicator is a very powerful tool, that many traders apply incorrectly. When the market is trading in a strong trend, this indicator can be perfectly applied for following the trend, not going against that. I hope that the cases that I described will help you not lose money, trading with Relative Strength Index. ❤️Please, support my work with like, thank you!❤️
Editors' picks
Education
by VasilyTrader
34
Circuits of Value (COVAL) - OversoldOn the above 1-day chart price action has corrected almost 90% since the beginning of the year. Now is an excellent moment to be long. Why? 1) A buy signal prints. 2) Price action and RSI breaks out from resistance. 3) The BTC pair matches points 1 & 2. (Chart below). 4) Top 10 Holders control 25.06% of supply on a $50m market cap! This is fantastic. I don’t know of another low market cap that has such fragmented circulation. This is a very important point. Most $50m to $100m market cap token struggle to drop below 95% in the top 10 circulating wallets. At $2.7b market cap tokens like Sandbox has 83% in the top 10. Axie Infinity has 98% of circulation in the top 10! XRP... don't get me started. Is it possible price action falls further? For sure. Is it probable? 5% to be technical. Good luck! WW Type: Trade Risk: <=6% of portfolio Timeframe: 1-3 months Return: 500% minimum 12-hr BTC pair
CLong
by without_worries
18
A 500% move for Weight Watchers in the weeks ahead?Penny stocks are excellent fun during market volatility, they move as fast as crypto charts. Thusly chart patterns reveal themselves with pace. On the above 2 day chart price action has corrected 90% since October and even more so since Oprah Winfrey decided it was time to exit. Now is an excellent long trade. Why? 1) Price action and RSI and MFI resistance breakouts. 2) High positive divergence. Price action prints lower lows with each successful higher low in RSI and MFI. 7 oscillators print positive divergence. This is equal to the bearish divergence print from last October. The divergence indicator is powerful once the correct settings are used. 3) The falling wedge/pennant breakout. The forecast for this trade is almost 500% as measured from the yellow arrows. If you’re interested in Technical Analysis, this is how you measure such a breakout. 4) Zero stock splits! 5) Short interest is unbelievable. Who holds a short contract after a 90% correction? Funds do, that’s who. Short Interest Float 19.49 % Off-Exchange Short Volume Ratio 62.05 % source: fintel.io Gamestop had a similar short interest size before it mooned. Don’t take my word for it, look it up. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: Trade Risk: <=1% Timeframe: You decide Return: 400-500%
NASDAQ:WWLong
by without_worries
23
ZK airdrop & CEX listing today. Expecting price to revisit US30¢Ultra low timeframe v.high risk trade: Sold some after claim. But bought back in again at ~0.25 USD. Setting sells at around ~0.3 USD with a trailing stop loss. Optimistic reminder to self: Even if failed to hit target and left holding ZK instead, already increased initial ZK holding by a small % at the initial re-buy in point for longer-term hold; ZkSync being a super decent L2 project anyway. 5 min Chart: Note: Measured move target estimated from the lowest level to the level when ZK first entered into the sym-triangle pattern. 1 min Chart:
Long
by cybernetwork
Onyxcoin (XCN) - Possible 100x opportunity? The alt-token market offers some interesting opportunities following retail capitulations. At this moment there is a handful of plays that generally exist under the $100m market capital evaluations. It is worth noting some of my best first long exposure to alt-tokens were below this market cap. That includes MATIC (idea at bottom), and Solana, and Cardano. How was this accomplished? Ta folks, the charts do not lie. Especially on higher time frames, this is the secret. Not 4hr and 15-minute charts! Back in August of last year this token had a market cap of $7.4B, today it is $20m. Why bullish? Volume. For whatever reason, volume is entering this market. No it is not me, I’m not a trader. On the above 5-day chart a number of reasons now exist to be bullish. Why? 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence (8 oscillators) as measured over a 3-month period. 3) Volume breakout. Money Flow Index is now printing a positive money, in other words buyers outnumber sellers. 4) Candlestick reversal pattern. Do you know this is bullish? 5) There is no suggestion or TA to be made here that forecasts market cap returns to $7.4B, however 27% of that to SEED_TVCODER77_ETHBTCDATA:2B would be your 100x. Is it possible price action falls further? Sure. Is it probable? No. Ask for updates below. Ww Type: Trade Risk: 1-2% Timeframe for long: Now Return: 100x MATIC idea in September 2019 @ 1.5 cents with volume breakout
COINBASE:XCNUSDLong
by without_worries
88
The Relationship Between BTC Spot and BTC DerivativesThe Relationship Between BTC Spot and BTC Derivatives: Analyzing Market Dynamics Bitcoin (BTC) has evolved from a fringe digital experiment to a mainstream financial asset, attracting investors from all corners of the globe. Understanding the intricate dynamics between BTC spot prices and BTC derivatives markets is crucial for market participants. This essay delves into the relationship between BTC spot and BTC derivatives, examining how the balance of shorts and longs in the derivatives market influences the spot price and why current market conditions indicate a bullish trend for BTC on daily, weekly, and monthly time frames. BTC Spot and BTC Derivatives: An Overview The BTC spot market involves the direct purchase and sale of Bitcoin for immediate delivery and payment. The spot price is a single variable representing the current market value of Bitcoin. In contrast, the BTC derivatives market comprises financial instruments such as futures, options, and swaps, whose value is derived from the underlying BTC asset. The derivatives market allows traders to speculate on the future price of Bitcoin without necessarily owning the asset. The Interplay Between Shorts and Longs In the derivatives market, traders can take long or short positions. A long position bets on the price of Bitcoin increasing, while a short position bets on the price decreasing. The balance between these positions provides insights into market sentiment and can influence the spot price. Predominance of Shorts and a Bullish Spot Market When the number of short positions significantly outweighs long positions, it indicates that many traders are betting on a price decline. However, this bearish sentiment can lead to a phenomenon known as a short squeeze. If the price starts to rise, short traders are forced to cover their positions by buying Bitcoin, driving the price up further. Thus, a predominance of shorts can paradoxically create a bullish environment for the BTC spot price. Predominance of Longs and a Bearish Spot Market Conversely, when long positions dominate, it suggests widespread bullish sentiment. However, if the price fails to rise as expected, long traders may start to exit their positions to cut losses, leading to selling pressure that can drive the price down. Therefore, a predominance of longs can result in a bearish spot market. Current Market Dynamics: A Bullish Outlook Examining the current market dynamics across daily, weekly, and monthly time frames reveals a bullish outlook for the BTC spot price. This outlook is driven primarily by the current balance of shorts and longs in the derivatives market. Daily Time Frame: On a daily basis, the market shows a higher number of short positions compared to long positions. This imbalance suggests that many traders expect the price to fall. However, this also means that the market is ripe for a short squeeze. If the price begins to rise, short traders will rush to cover their positions, buying BTC and driving the spot price up. This potential for a short squeeze indicates a bullish trend in the short term. Weekly Time Frame: On a weekly scale, the data similarly shows that shorts are predominant over longs. The continuous buildup of short positions creates a scenario where any upward price movement could trigger a significant number of short covers, leading to sustained buying pressure. As shorts scramble to exit their positions, the spot price could see substantial gains, reinforcing the bullish outlook for the medium term. Monthly Time Frame: Long-term analysis also points to a bullish trend, driven by the sustained presence of a larger number of short positions relative to longs. Over the monthly timeframe, the market sentiment that has led to the buildup of shorts may eventually give way to upward price movements. The longer shorts remain predominant, the greater the potential for a significant price increase when these positions are eventually covered. This scenario supports a bullish perspective for BTC spot prices in the longer term. Conclusion The relationship between BTC spot and BTC derivatives markets is a critical aspect of understanding Bitcoin's price movements. The balance of shorts and longs in the derivatives market can significantly impact the spot price, with predominance in shorts often leading to bullish outcomes and predominance in longs potentially resulting in bearish trends. Current market conditions across daily, weekly, and monthly time frames indicate a bullish trend for BTC spot prices. The higher number of short positions relative to longs suggests that the market is primed for potential short squeezes, which could drive the spot price upward. As Bitcoin continues to mature as a financial asset, comprehending these market dynamics will remain essential for investors and traders aiming to navigate its volatility successfully.
Long
by MyNameIsEmrah
Kyber Network Crystal v2On the above 2-day chart price action has corrected over 90% since the sell signal (not shown) in April. Now is an excellent moment to be long. Why? 1) A strong buy signal prints (not shown). 2) Regular bullish divergence . Lots of it. This divergence is measured over a 40-day period. Look left - blue circles. This divergence includes MFI (Money flow) - Follow the money. 3) Falling wedge breakout. 4) It is beyond ridiculous how well the Fibonacci re-tracement measured the previous cycle tops. The 4th cycle top is amazing if the pattern repeats. Is it possible price action falls further? Sure. Is it probable? No Ww Type: trade Risk: <=6% of portfolio Timeframe: Don’t know. Return: 50x
Long
by without_worries
18
Crypto ready for a cookoff?Revisiting a weekly chart of a 9 symbol crypto mega cap index (BTC, ETH, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC) one can't help but notice price resting on a shelf that was formed during momentum running deep into overbought territory. As the shelf is more or less flat for many months, we see momentum cooling into saner levels. Price could continue to base out in what turns out to be a bullish flag, especially with the Nasdaq 100 ripping fresh records, inflation cooling, rate cuts likely etc... It's also a scary place to think about going long on crypto though as there's a big gap down to the major support level!
BITSTAMP:BTCUSDShort
by quickshiftinn
$SPY June 12, 2024AMEX:SPY June 12, 2024 15 Minutes Looks like AMEX:SPY has sorted out the 532 levels for the moment. It tried to break today and ended up in holding and making 537 ATH. Hence considering 532.04 as new low the rise to 534.77 retraced 50% of the move. And now wave 3 in this move looks like in motion for a target 540-542, provided 533 is held. For the day, considering the rise from 533.05 to 536.63 holding 534 levels uptrend intact for 540+ levels. On downside if 533 is broken I have a target 530 being 200 averages. Bias is long as of now. Oscillator looks like gotten sorted out.
AMEX:SPYLong
by RiderTrader
3
How to read mean returns (Expand the indicator)Mean returns is a trend detection and overextension indicator. It oscillates around the value of 0. The mean return line in reality is the orange one as well as the blue one. The difference is in the number of data points into the past that they consider. Since the value of those lines is the expected value of the returns in period t, then if it's over 0 the expectation is that returns will be positive, as previously the price has been trending higher. The opposite being true as well. Meanwhile, the red and green line represent the expected upwards and expected downwards returns. That means you only take the expected value for the days in which the return was positive or negative accordingly. Therefore, if the mean returns are over the expected upwards returns the price is likely to be overextended, and vice versa. Other adjustments were made to consider the current candle. This code will remain private, as it took a lot of effort to invent. I hope you are able to understand the math. If you can't, I hope this at least allowed you to read the meaning of the indicator through this.
CME_MINI:ES1!Education
by DarkMessiah777
1