Moving_averages
Bitcoins weekly EMA'sWhen looking at bitcoins weekly EMA's we have a few interesting things develop. First,we have the 20 EMA crossing under the 200 EMA, coincidentally, its also the first time the 50 EMA has crossed under the 200 EMA. ( side note , the 100 has never crossed under the 200 and i dont expect it to this bear cycle.) To me both of these occurrences mark the bottom especially when looking at the longer time frames. The price rarely wants to stay under the 200 Weekly EMA which we're currently testing at around 25668.
in the coming weeks i foresee the 20 crossing back above the longer time frames and we rally towards 35k to 42k before retesting 28.8 k as support.
GME - Break-out and Back-testGME - a recent break-out/back-test, Bullish MA cross on the 4-hour, VWAP and volume support are all getting me more bullish on GME.
With high volume support at this price range from last spring and early summer, looking for a rise in price heading into late Feb and early March of 2023.
Adding to shares and going long Mar 17 calls with a $25 strike.
NFA!
HOW-TO: MA Ribbon Master - New Updates November 29, 2022Part 1 of the video. Part 2 will be linked below in the related section.
"Master" stop under/over the price for swing trades.
"First" long and short filters.
Automated trading.
HOW-TO: MA Ribbon Master - Updates November 29, 2022 (Part 2)
"Master" stop under/over the price for swing trades.
"First" long and short filters.
Automated trading.
Part 2 of the video.
Gold: True Breakout or Bear Trap?On the monthly chart it is above the exponential average of 55 and the retracement of 0.893.
On the weekly chart it is testing the 200 exponential average:
The moment of truth has arrived.
