The possible trend of the BTC/USD in weekly time frame😮🔥🔥"DON'T MISS THIS ANALYSIS"
BTC after a huge bullish trend now it is in a sensitive situation.
We have too many good news about BTC but this currency like other markets can have down trends
" in weekly time frame in MACD we can see RD- divergences , so they show us we will have a down trend in the future
other indicators like RSI are in over sold and in the chart we have a pitchfork that we are in top of it in the resistance level
in my opinion we can have that trend that I shown in the chart.
BE CAREFUL ABOUT THE NEWS
VERY GOOD NEWS COMES AFTER A SHARP TRENDS WHILE WE ARE CLOSE TO RESISTANCE "
Tell me your ideas GOD WILLING , GOOD LUCK ... 😊👍
Moving Average Convergence / Divergence (MACD)
The Bitcoin Dominance could to explode this rally!!!Looking this Bitcoin Dominance, Bitcoin it's still bullish, now as we see, Bitcoin it's turn bullish and we could to see another bull rally extremely volatile or the next weeks to months for Bitcoin.
Ok, i we see the Daily timeframe, Bitcoin it's appear that form a strong support in the 60% of Bitcoin Dominance, that mean a good news for Bitcoin, becuase as we see this strong support, Bitcoin could to up toward the 72% of market dominance.
Now, this it's the 3 Daily chart, and we see that Bitcoin it's extremely bullish in the dominance, that mean that i you operate with altcoins, notice that:
Altcoins/Bitcoin = could to down, becuase as Bitcoin dominance make strenthten when you see or example: The relatonship ratio with Chainlink/Bitcoin, Ethereum/Bitcoin or Cardano/Bitcoin it's go to down becuase Bitcoin it's get more strenght to up. For that, we could to experiment that Bitcoin go to up against the altcoins. now, you can to sell altcoins but very careuly, not just analyze the Bitcoin dominance, analyze your altcoin/Bitcoin to know the relationship who it's more strong? Altcoin (like Ethereum, Cardano or Chainlink) or Bitcoin). But, don't worry, i you don't understand how to analyze altcoin/Bitcoin. I can to make this analyze for you and invest in this great opporutnity in this next altseason for Cardano, Chainlink, Ethereum or XRP, my top crytpcourrency that it's not BItcoin to get more Bitcoin usign their relationship. And also, i you see the MACD or RSI, both indicator are showing us a good news for Bitcoin.
And finally, the weekly chart it's extremely bullish, becuase we make support as I mark this trend line, and in four occasion we form a lower high, that could to explode the Bitcoin bull rally. For that, it'svery important i you invest in Bitcoin and altcoins, you will need to check out to become a crytpocurrency trader and like an expert to analyze it.
Guys, if you found out that this idea it's sound intersting for you, please comment below about your perspective and idea for the Bitcoin Dominance and share this analyze for other people know this information!!!
Head & Shoulders, MACD reversing on all time frames upwardsGot that head & shoulders, as well MACD is heading upwards on all time frames. Today would be a make or break, but the Fed isn't going to raise interest rates for a while. I could see it heading up to 800 - 900 resistance area, however will want to consider how Volkswagen can impact sentiment on Tesla. I just swing trade so looking for around a 30% gain in the next month or so, watching tech though because that can cause worse performance.
Bitcoin is getting ready for a big breakoutThe sign is clear, a pendant indicates a big change is about to happen, also the ADX (bottom indicator) shows the price is slightly undervalued. The MACD is indicating the price might prepare for a new trend. And what the trendlines also shows is a strong support ... I expect a bounce, and hopefully we'll see a breakout to 60.000$++ new ATH is coming guys! If bitcoin fails, and breaks the support, we might see a big fall... But I'm positive! We are bullish! So much and this is just consolidation before a big breakout!
I'm goin Long! Still a good time to buy in.
EXY is at a critical turning point.EXY is at a critical turning point which will judge its course in the future. Looking at the data in the charts, it is obvious that the sellers are trying to lead the index to lower price levels.
Starting from the analysis of the trend and its momentum, in the price chart on the left, there is a downtrend lately which has led to the break of the lower limits of the uptrend channel, creating two lower lows as well as two lower highs. Continuing the analysis with the averages, which follow the trend, it seems that a change in the direction followed by the prices is imminent. Specifically, the position of the green average, it is the one that indicates the type of the trend, and its attempt to go below the white average is an indication of an impending change in the direction of the price. Then the data from the MACD show a weak momentum, at the moment, which does not cease to be negative. Looking back at the chart, however, the MACD’s momentum was not as strong as now and the green average did not try to break the white in the previous attempt of the sellers to lead the EXY to lower levels. These data may lead to the conclusion that this may be the beginning of a downward trend in EUR Index prices.
On the other hand, focusing on the data that arise from the analysis of support and resistance levels, there are some points of interest that need special attention to make any decision. At this point I should mention that some levels of Fibonacci Retracement and Expansion have been deliberately removed as well as several levels of support and resistance have been omitted to make the chart as clear as possible. In the findings of the analysis, it is obvious that the downward trend of prices stopped right at the confluence of the levels 100.0FE and 61.8FR as well as at the support level 119.00. Also, the fact that the fall was stopped at 61.8 FR, which is an important limit in the study of Fibonacci levels, testing it twice in recent times, it is concluded that the dynamics of sellers, at present, is not enough to push EXY to lower price levels than currently. Some very critical levels that are formed after the application of the Fibonacci tools as shown in the chart are the resistance levels 119.8 and 123.0 as well as the support levels 119.0 - 116.3 and 113.5.
Considering the above findings, the conclusion is that the index is at a very important price level. A breakout of the 119.0 level could lead to a further drop to the 116.3 price level and then to 113.5. On the other hand, the possibility of prices breaking 119.8 may lead to higher price levels, initially up to 123.0, and in the end, the downward trend of the last period may be considered as a correction.
4 hour sell technical analysisPresented is the four hour chart with MACD and RSI playouts.
RSI has been trend trading within oversold zone and continues with a confirmed MACD/SIGNAL divergence below zero line.
Two take profit points the first being .95900 with a take profit 2 at .91400 if first support breaks.
Please comment with thoughts and ideas. Thank you!
PolyNovo - The bullish divergenceASX:PNV The indicator is indicating that share price should be heading higher.
Since market update in january 2021, PolyNovo has lost around 33 per cent of its value due to slowdown in second-quarter sales.
PolyNovo has reported an increase in sales of 31 per cent in the first half of the 2021 financial year, despite slower-than-expected sales through October and November.
The company's first half result was driven largely by a 75 per cent increase during the first quarter of the financial year, compared with the same quarter a year prior.
Sales were particularly strong in the US, where first half sales were up 41 per cent on a year prior. Sales for the month of December exceeded budget.
The company also recorded its first sale to Taiwan in December. Sales in Taiwan and New Zealand exceeded sales for the month of December.
"In the short-term forecasting sales will be challenging particularly in the US, however the medium-term outlook is strong, and we continue to see surgeons using and referring NovoSorb BTM to their peers," said PolyNovo managing director Paul Brennan.
"Once hospitals have more capacity, we will see US and UK sales accelerate just as we have seen in New Zealand and Australia. New geographies offer good opportunities for NovoSorb BTM."
ADBE Further Downside?Looking at a triple top for ADBE in day view, followed by a breakdown below both the 20 and 200 day MA. Looks to have found support at 420, but hit the top of the downward trend line and is sitting at a previously established support level around 445. If ADBE fails to break up and follows the downward trend line, it will be forced to retest 420. If it fails and breaks down, the next support is at 385 and is weak, with the next strong support being around 320 from all the way back in April '20. If 420 fails, there is a probable 5% downside and possible 13%, if not more.
The RSI is showing weakness, while the Stoch, MACD, and Madrid sentiment are all beginning to do the same. I will be watching for a potential short opportunity in the next few days.
Many other charts, including TSLA, AMZN, NFLX, PYPL, NVDA, AAPL, PDD, ASML, are all showing similar weakness (the largest caps on the IXIC), while INTC is failing to break up through its most recent resistance. CMCSA, another large cap IXIC, appears to be strong but showing overbought on the RSI and Stoch.
Buckle up, it could be a rough week.
Zcash Long Chance 01/02/2021we have analyzed this asset using the Price Action analysis and we could notice a Hidden Bullish Divergence with MACD and it is the sign of trend continuation
we can target the parallel leg level of Fibonacci Projection and it is an easy target to achieve as the price is range bounding rally in a ascending channel and we can estimate to have our target areas in a month time
please comment your opinions
GBPUSD AnalysisGBPUSD is approaching a strong support where we will be looking for buy setups. Waiting for the upper trendline to be broken on Monday along with the MA60 to add more confirmation. MACD looks positive also.
All eyes today were on NFP which had a very positive impact on the USD.
If you like the idea, support us with a like and a follow
Sell off ScalpWe see continued rejection around 1.92800. Indicators are checking off for a sell off too next support line at 1.91100.
MACD/SIGNAL have made a cross and are near 0 line breach. RSI is heading further into oversold zone. Overall strength and sentiment is in seller control as we are entering a crucial trading time zone (2am-3am) where we generally see big movement.
TP at support line with stop loss above current rejection line.
Please comment with thoughts and ideas. Thank you.
NEO/USDT has good signals for continuing the bullish movementHi every one
NEO / TETHERUS
The NEO/USDT has formed two bullish patterns! one is the ascending triangle which as already done It's job and now we have a bullish flag with a hidden bullish divergence(+HD) as well! these signals suggests that the price can continue It's bullish movement.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
Time induced pivotWhen I first got a niche for FOREX the first thin I noticed was huge pivots with any given pairs at 2/3am (Ideal trading time for Asian session).
That being said along with the knowledge of this key pivot time, my RSI and MACD indicator correlate immensely with these pivots. This idea is an example.
Presented is a 1 hour chart buy analysis for EURCAD. Previously we saw low volume consolidation along support. 2am wick serves as our first potential indicator for reversal as MACD/SIGNAL made a cross and are shooting for 0 line while RSI breached indicator resistance. Both indicators sentiment towards a buy.
We then see a significant increase of buyers volume. We can sentiment buyers control until we observe our MACD play out. If MACD/SIGNAL make a full cross through 0 line we are then watching our take profit targets. If MACD/SIGNAL make a pivot immediately prior to touching 0 line we then observe for a full pivot or pull back by observing our 4 hour chart. Close out either way for maximum profit and renter at pullback/ next support retest.
Stop loss below current support with a bar close out.
Please comment with thoughts and ideas. Thank you.
NOK Price AnalysisPlease take care and observe NOK's price action of the coming week.
MACD looks set up well for a Bearish zero line MACD/Signal cross. It's been my observation that when this set up is realized there is a large move to the downside that generally follows.
Watch for this week's close to maintain or exceed $4.00
A close below $4 level without significant bullish volume in the following week might see a break of the ascending triangle presented in the video.
For further details and analysis, please watch the video in its entirety.
GBPUSD Ascending Channel Trend Angle Analysis #2Welcome to my second trend angle analysis for GBPUSD. Previous trend angle buy analysis was a huge success. Presented is a 1hr sell analysis within an ascending channel.
Within my set chart dimension the trend angle sell off top channel resistance is around 21-22 degrees. Given continuous pattern I sentiment a bottom channel support retest which lines up with our established support at 1.39500.
Currently we may see a slight pullback to dive back into our sell off to bottom support channel. A breach of top channel resistance tells us a significant long-term continuation in play to set a night high, passing our April 2018 highs.
Our current indicators sentiment a sell off of some sort. MACD/SIGANL completing a diversion to shoot for the 0 line. Our RSI is looking to drop for a reset to enter back into the overbought zone once we have a bottom support retest.
Attached is my previous analysis using this strategy. Please comment with thoughts and ideas. Thank you.
Can GBP Bears take out the neckline?This setup is only relevant if we can get that daily close below this neckline.
As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of these levels is a coincidence.
As above, no daily neckline break, then the setup is not in play.
BREAKDOWN OUT OF BEARISH RISING WEDGEi believe we may have had our blow off top and a correction has been due after all time new highs daily, acording to my new (10xbitcandles fantastic 4 strategy) * u can find my new strategy on my you tube,with full detailed tutorial and screenshots of using it on real trade, its under same name, sorry i cant leave no links, .... all signals have crossed on the 4h time frame, the (MACD) (RSI) (VWAP) AND (PSAR) those are the fantastic 4 indicators used and all you need to buy/sell, take a long/short entery and exit, as well as i have 5 golden rules when using my strategy, looking at my chart you can see all indicators have crossed and signaled bearish, we have broken downward out of the rising wedge pattern, my VWAP the most important signal in this strategy has fallen into bearish territory as i drew out trend lines for the hh-ll and it has breached the( LL) lower low, so i have put in a short position at 51,400 and stop at 52,300 just outside the upper part of wedge, and take profit using the (ATR) i use a 1 ATR on the (DAILY) pip and most times i do use the ATR for my stop losses as well and use 1.5 ATR on the (4H) , anyway one of my golden rules is to never use high leverage unless you are very experienced trader, never if a newbie as it is the single #1 that gets you REKT. anyway looks like a correction and maybe seen a blow off top but with the wild west of bitcoin and its bipolar swings u never know if it will just turn on a dime and move higher today since we left off on a (HH) higher high and most times i do not take a position until bitcoin has broken trend so would look for in this case a (LH) lower high, i use the (HH-HL-LL-LH) in my trading decisions and strategy, as you may see the ZIG ZAG on chart, another indicator that is used with my fantastic 4 is also (VMA) VOLUME MOVING AVERAGE, always make sure you keep a eye on any high volume spikes in the opposite direction of your trade, there are scam wicks and pushed up volume from whale manipulation aswell as the exchanges bots/algos have been known to trade against its users, so look out for quick spikes of volume in opposite direction and when taking trade always make sure the volume is in tandum with your position so when long make sure bullish volume and vise versa.