Macd-h
Riot Potential Second WindLooking at a strong entry point for a long trade on a second leg formed.
Looking for a price target of $30.
Signs of oversold conditions starting to appear on the RSI & MACD . Also seeing some divergence.
While I see pullbacks on BTC to $50k & ETH to possibly $32-3500, RIOT seems to suddenly making a breakout.
Could be profit taking and traders seeing higher profit % potential here in the meantime?
I'll bite. Let's see where this goes.
Correction Almost Complete!Money Makers!
If you look at my previous ADA post, I CALLED IT PERFECTLY!! This project is now at the bottom of the channel and looking to move higher. Its been consolidating for quite some time and it can possibly drop another 8% to the bottom of the channel before trying to retest the top again, which would be a 70%+ gain on investment if you HODL long enough! The MACD is squeezing and building up to make a strong move and the RSI has been hanging out in the oversold area but on its own support. These are great signs that a big bullish move is coming as long as BTC decent dump!
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
ANF Daily SetupNYSE:ANF setup:
MACD crossing up
Bullish bar today broke the trend line
20 EMA crossed above 50 EMA and they are both accelerating up together
3 bottoms since August
Enter above today's high at 39.87
Stop under today's low at 38.42
(More conservative stop is under local low at 36.82)
Take profit just under July high at 47.12
Risk/Reward ratio of 5.0
ETH/USD, 4h, 24 Oct - Ichimoku, Fib Levels - Hop & Skip up.Here we can see a really nice squeeze going on.
We've been getting a solid pinch before opening up and bouncing off Kumo.
We recently broke out of the bigger wedge, and are riding between the two tops.
Looking at MACD, it seems we're ready for another hop & skip upwards.
Right on time for the update on the 27th.
:) :)
$FCEL Trending and technicals look goodFuel Cell Energy has been gaining Twitter MOMO but technically, it is forming a rounded bottom curling and up +7% today as it appears to be coming out of a nice consolidated accumulation base.
An idea would be to go long with a starter size and build position with first PT at resistance zone $10.27
QQE and MACD , trading above 21 EMA : Bullish Confluence
Check @jeffreytesterman Idea for the fundamentals : )
BTC Short Setup followed by a LONGAll the signals I use for a short are confirmed here unless we make another move up soon. First, we got rejected by one of the most important resistance levels. Then we have the 3rd bearish div on the 4hr RSI, decreasing momentum, the volume spike levels are dropping, and the OBV is flattening out. Try to find a good entry and good luck but... be careful! The only support I would be careful of is the 4hr 50EMA/1hr 200EMA(they are pretty much the same). I say this because the last short idea I posted I specifically wrote in the comments to close the short at the 1hr 200EMA, and that is exactly where it bounced; because of historical TA, those levels cause large bounces when BTC is very bullish so be careful! If the 4hr 50EMA holds, we will test the 58.4k resistance level again. If the 4hr 50 EMA doesn't hold, I expect the dump to go down to around the 4hr 200EMA. I would close my short just on or barely above the 200EMA or at least close 50-75%. If the 4hr 200 EMA holds then I would long ASAP once it is confirmed because it will probably then go to test the previous ATH.
$AMP starting to turn bullish$AMP has been down in the dumps for weeks now but has slowly started showing some strength. Although today's candle has not closed yet, it has broken its MACD and RSI downtrend lines, respectively.
AMP has been in this strong downtrending channel since July, bounced off the bottom support line multiple times until the 0.04 area held around 9/20/2021.
Today it is starting to break above its equilibrium of the channel around 0.0458 and a close above it would be very bullish. A close above the 21EMA at 0.0479 would be bullish as well, and would put it within reach of the 50EMA around 0.0523. Technically speaking, if it holds the equilibrium it should continue to the top of the channel which would be around the 0.054 area today.
ADA/USD: Cardano to $6.57 USD soonCardano it's into this bearish channe that was formed from $3 USD and down to the exactly main support $1.92 USD. Cardano still above of $2 USD.
But I look in Daily timeframe that Cardano could to repeat this pattern that would lead Cardano to over $6 USD per coin in medium to long term.
And very important, MACD it's showing us strenghten by bulls and Cardano it's preparing to explode the price.
We could to look altseason in this cryptocurrency. And also, I update my Bitcoin recently analysis.
Don't sell your ADA, keep them!!!
AUDCAD LongOANDA:AUDCAD
Currently we are looking for a long trade reason.
1.Price has broken out of daily descending trendline and playing below bullish corrective trendline.
2.The price has also reached fibo golden Zone between 61.8% and 50%.
3.Once the MACD turns positive and the price move above 50sma we go long.
Risk management is key.
German 30 OANDA:DE30EUR
I'm expecting German 30 to fall after breaking the bearish corrective trendline for TP we can use -161.8% fibo level.
2 support level to watch in BitcoinI update my background and trading strategy. I do not going to use EMA 21 and 50 for cryptocurrencies. I will use EMA 200, applying the support and resistance, because I believe that I'm good identify this basic concepts. And also, I change my RSI and MACD strategy too. I change everyall in my trading day to day to become my trading more advanced and modern.
So, we look in Daily timeframe that there's not a lot volume that BItcoin continue climb. But now, we look one thing. This diagonal resistance that I mark since April 2021 when Bitcoin reach near of $64,000 USD. That it's not neccesary a bearish signal, but as Bitcoin broke up this big diagonal ressitance when after of April 2021 Bitcoin crash toward $30k levels, Bitcoin could to continue in this bull trend. Now, MACD it's look and make a higher lover in the yellow indicator. Now, depending how the Hourly timeframe will move the demand and supply, we could to get more information in these timeframes if we would to short Bitcoin.
But in some minutes, I will going to analyze the H4 timeframe. This it's just my Daily perspective in the market!!!
If you like my new analysis, please hand up and share this analyzis with others traders in cryptocurrencies.
ADSK Dip Looks DoneADSK has a long history of consistent uptrend. After positive earnings, it gapped down, found support in the long term trend as well as recent channel support.
Blue dotted line support is a +1.236 Fib level within a Modified Pitchfork influenced by reference points in October 1999 (Low), December 2007 (High), and March 2009 (Low)
MACD has made a sharp bend back up toward the signal line, well-suited for a potential crossover further reinforced by RSI crossing over EMA12.
RAY movingWill RAY break back above the recently lost support level or this will be just a bearish retest before moving down. We have to wait and see, but it's a good chance to start trade, long or short, doesn't matter... Broke that descending trendline and looking bullish. Looks like a golden cross on MACD will be printed, already got one on SRSI. Se maybe we will see a break above, but things can change fast... Don't miss this one... Good luck traders