A bitcoin short idea, Ichimoku, HS, MomentumThis is a bitcoin short idea I have in mind based on Ichimoku Cloud, Head & Shoulders pattern and Momentum & Money flow (modified versions of the market cipher indicator collection).
Marketcipher
Ichimoku cloud + Market Cipher possible bitcoin tradePublishing this trade idea for bitcoin. We have all the signals of the Ichimoku cloud confirmed and it would be a perfect entry (if we are using ichimoku only). As we can see below the money flow on market cipher B went frrom huge thick green to below the 0 line (red). Currently the only thing we are waiting to see is the VWAP to change direction and continue going downwards to invalidate the possible bullish divergence it is forming with the momentum. If it invalidates then it would be a good short entry.
BTCUSD: About to commence the final leg?In this video I use indicators to do what they do best - indicate. They don't predict, not do they tell us what to do.
Technical analysis is about finding confluence, and heaping confluences together to increase the odds of a particular price action happening.
Here I use three indicators - Market Cipher A (Cryptoface - Paid), Bad Ass Bollinger Bands and Phoenix Ascending (WyckoffMode - free).
It's not too important to understand how they work or what they're measuring - in this case I'm just pointing out their similarities to the Bull Run in 2017.
If you like the content, consider following me. If not, move along, move along.
SLP bullish divergence on market cipher I was bullish on AXS and SAND months ago but it feels too risky and late to jump now on either of them.
Whereas SLP bullish MC divergence is showing us that it might have already found a bottom at 0.06 and looks pretty much ready for a reversal to the upside.
This could be a great opportunity to enter with a DCA or grid bot.
Grid bot could range similarly to the long position shown in the chart.
Even an infinity grid could work.
The opportunity is a 500% upside vs a potential drop 50% so risk reward is 10 to 1, much more attractive than trading AXS but at the same much more risky.
I will go with a position below 1% of the capital using a DCA bot.
Break out imminent after confirmationWe have a potential breakout of ADA from this falling wedge
Once we retest the breakout area and manage to close above the target would be fib 0.6 at around 3 USD which would confirm a new uptrend.
This price action might have to do with the recent news of upgrades on the network so I'd expect this to play out on the bullish side before end of the year.
I've been accumulating below 2 dollars on every occasion the price went below.
If this doesn't play out and it turns out a fake out (we had one before) I would be looking to add some more with the expectation of eventually still hitting the target late 2021 or early 2022.
Cardano team has been improving massively in the last year and its one of the only top caps that hasn't had any relief or bullish rally in quite a while.
Many eyes are on ADA and when that happens some volatility is a must.
Facts:
1) Market cipher green dot on the daily
2) RSI in buying zone according to previous data
3) IFTRSI fires buy on daily at 0.9 level
4) falling wedge apparent breakout (although it hasn't tested it as support yet)
XLM Stellar - Accumulation Zones + Take Profit ZonesStellar Looking bearish short-term, we are looking to accumulate in zones 1-4 with a stop loss place below zone 4
Take Profit Zones set @
1. 0.65 - 0.69
2. 0.75 - 0.80
3. 0.94 - 0.985
GBPUSD LONG POSITIONFrom the tested wedge and market cipher indicator this should be a GOOD time to Long GBPUSD with surest TP at 1.38450 and SL at 1.37730.
Thank me later😁
Trade wisely😎
BNB 2hr / BullishOn the Daily time frame, things aren't looking too hot...
But when we come down to the lower time frames, it is
clear that there are a bunch of Bullish Signals ( some highlighted
on the chart and some can be seen in the VWAP and Money Flow
inside of MarketCipher_B as well as Price Action Candle Chart Patterns).
Four Yellow X's SLP/USDT Market CipherIf Market Cipher confirms this 4th yellow X history tells us that we will see some bullish momentum following shortly. We will see what happens in the coming weeks. It will be fun to watch this unfold. Of course macro conditions can always change outcomes, so take this with a grain of salt.
If you're unfamiliar with SLP it's the earned token in the Ethereum based play to earn pokemonesque strategy game Axie Infinity. Blockchain play to earn gaming has been taking hold in emerging markets and I think is in for a lot of growth in the coming months and years. There are some other really exciting projects out there, but that's for another time.
Stay smart, and manage your risk.
NOT FINANCIAL ADVICE
-Sky
Eth looking healthy on daily time frameEth looks to be gaining momentum back towards the recent ALL TIME HIGH around the 4k range.
Market Cipher B shows a nice tapper upwards on the BLUE trigger waves, along with a GREEN buy dot
RSI is below 20% range on daily time frame
MArket Cipher indicating market correction 12 hr sticksMArket Cipher indicating market correction on 12 hr sticks. Correction or Rejection??
LINK BreakoutChainLink broke out of its downtrend and descending triangle - IMO = Bullish
The 200 Day Moving Average crossed OVER the 50 Day Moving Average - IMO = Bearish
Keep an eye on LINK!
VET Breaking OutVET has broken through Key Fib Levels as well as multiple Resistance Areas. High Abnormal Bullish Volume and the 50 Day Moving Average has Crossed over the 200 Day Moving Average.
Golden Cross Confirmed.
Might see a retest in Price Action down at previous Support Area and hopefully bounce right off and Range Higher.
TrendHacker on AMP. How does B differ?Educational Tips can be found written out on the Chart. The purpose of this Tutorial is to help more people understand the difference between The Squeeze Momentum Indicator and TrendHacker_B.
The Purple and Green Columns are not data corresponding to the Momentum of a Squeeze; Rather, the data being analyzed is of the strength of the Trend we see playing out in TrendHacker_A's Purple/Teal Ribbon & EMA Cloud.
The Columns also display the measured conviction throughout a possible Reversal.
(I am not a Finacial Advisor or an Expert Analyst, always be sure to do your own research when considering an investment. This is NOT Professional or Finacial Advice.)
BTC/USD TrendHacker Indicator BullishAs you can see, the 5 Day EMA has crossed above the other EMA's on the 15-hour chart. T.H is showing that the Mid to Long-Term Trend has flipped bullish. TrendHacker_B also provides additional data to the strength and conviction in TrendHacker_A.
I will be keeping an eye on the 1 Day Bitcoin Charts to see if we get a Long Term confirmation that Price Action will Range Higher.
( I am not a Finacial Advisor in any way, shape, or form. Please make sure you conduct your own research. This is solely an idea based on what I personally see. )
EagerEntrepreneur
ETH LONGPrime Buy In being signal by Marketcipher and TrendHacker. EXTREMLY Under Bought! Adding more bags to my portfolio.
(This is not Financial Advice, Nor am I suggesting a Buy/Sell position. It is always best to do your own research first)
TrendHacker has provided amazing data on AMP/USDAfter years of vigorous Coding and Testing, I truly believed that TrendHacker was at its best. Showing the exact Trend Reversal at a key level of Support has just confirmed another LONG for me... and most importantly, that my hard work has paid off.
BTC 2 DAY Analysis 2 day chart on #BTC , using Market Cipher and Fib retracement. These are the levels we are watching for the next 48 hours.
DOGE to 786 and back test of Wyckoff's Phase C complete?My first publication, 1.5 year exp. (7000+ hours of staring at charts) trading, interested in your thoughts.... =)
- Broke Neck line of head and shoulders
- Back test of Phase C complete
- Broke the 200 EMA to the upside
- MACD cross to the upside
- RSI above the 50
- Market Cipher says Go Long!
To The Moon? :D
FTM (Short Trend Profit Taking)TA as per text.
Remember this is a short term trend profit taking. Don't go all in for long term profit taking as BTC dominance may be higher this week.
That being said, watch out 15th May 2021, before the Sunday dumps.
Good luck.
BTCUSD New 9W 6W 3W candles show we've still got room to runAt today's daily close we got new 3D, 7D/1W, 2W, 3W, 6W and 9W candles, so now's a great time to have a fresh look at the charts...
...and it all looks bullish long term for Bitcoin!
Leave your comments below if you agree, disagree or have questions.
