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Movingaveragecrossover

Knowing if a trend is still valid or is beginning to failin the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap. also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that there's a not so obvious 4 reset wave before the 1, 2, 3 pattern starts again, the trick is check to see if the phase 4 wave causes any of the moving averages to cross/overlap before setting up your 1, 2, 3 move! because if they have crossed or one of them is overlapping the other, this signals the trend is weakening and the market may be looking at beginning a range or and new trend in the opposite direction.
Education
by algoquantix
VET/USD - 1w chart Update and my opinionLet’s have another quick look at the VET/USD 1w chart. Here is a closer look at this 1w chart. VeChain is still in its Descending Wedge Pattern on this 1w chart. Note that VET failed to close a weekly candle above its upper descending trend line of its Descending Wedge Pattern at around $0.0286. $0.0286 was also the previous high from Mon 23rd Jul 2018. VeChain is still below its Least Squares Moving Average (LSMA) on this 1w chart. VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1w chart. Note that the Lower Band has started to curve downwards indicating volatility for the downside on this 1w chart. Note that the 50MA (Orange Line) is getting really close to the 200MA (Red Line). If the 50MA crosses under the 200MA on this 1w chart that will create a death cross on this 1 week timeframe. VET is now fighting to stay above its support area located at $0.01978 and $0.0181. If VET closes a weekly candle below $0.0181 then we should drop to around $0.0120. VET is below its 1 ($0.01845) Trend Based Fib Extension Level. Failure to close a weekly candle above this level will lead to further drops. Looking at the Volume Profile Visible Range (VPVR) we can see the area i which the most Volume was traded on VET/USD. Note that VET is close to dropping under its 78.60% Fib Retracement Level at $0.01811. I have added a Modified Schiff Pitchfork pattern and you can clearly see that VET has a long way togo before crossing back above its Median Line. Looking at the Average Directional Index (ADX DI) we can see that the Trend Strength is still weak with the ADX (Orange Line) at 16.34 and still under its 9 Period EMA (Black Line). Positive Momentum has dropped with the +DI (Green Line) dropping to 16.39. Negative Momentum has Increased with the -DI (Red Line) rising to 24.32. Looking at the Relative Strength Index (RSI) we can see that there is still plenty of room for VET to drop before becoming Oversold on this 1w chart. Note that the RSI (Purple Line) is still under its 9 Period EMA (Orange Line) which is a sign of downwards strength on this 1w timeframe. So what does all this tell me: This is all just my opinion but this tells me that there is plenty of room for VET to drop further on this 1w timeframe especially if it closes a weekly candle below its 78.60% Fib Retracement level. Once this world wide recession fully bottoms be it in a 1 year, 2 years, 5 years or 10 years and the powers that be have had their fill of transferring wealth from the Middle Class and the Poor to the elites, then opportunities will arise for those who are ready. My crypto of choice is obviously VET and a few others that have use cases but this goes for all Crypto’s so soon your crypto of choice will be available at an even lower bargain price. Especially if/when BTC drops to the $12k-$9k range. Please see the chart below. I hope this is helpful with your trading or hodl-ing.
BINANCE:VETUSD
by TradingThroughTheLens
MANAPPURAM FINANCE LTD - Crossover Trade📊 Script: MANAPPURAM (MANAPPURAM FINANCE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP / NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services 📊 Industry: Non Banking Financial Company (NBFC) Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 70. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 116.65 🟢 Target 🎯🏆 - 138 ⚠️ Stoploss ☠️🚫 - 106 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:MANAPPURAMLong
by radha_23
1
NATIONAL ALUMINIUM COMPANY LTD - SMA Crossover + Double Digit 📊 Script: NATIONALUM (NATIONAL ALUMINIUM COMPANY LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY MIDCAP 📊 Sector: Commodities - Metals & Mining 📊 Industry: Non - Ferrous Metals - Aluminium Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is already giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 63. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 77.95 🟢 Target 🎯🏆 - 88 ⚠️ Stoploss ☠️🚫 - 72 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:NATIONALUMLong
by radha_23
4
ADANI ENTERPRISES LIMITED - Volume Breakout + Bullish on Chart📊 Script: ADANIENT (ADANI ENTERPRISES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY NEXT 50 📊 Sector: Commodities Metals & Mining 📊 Industry: Metals & Minerals Trading Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 67. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 3575.70 🟢 Target 🎯🏆 - 3885 ⚠️ Stoploss ☠️🚫 - 3417 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:ADANIENTLong
by radha_23
3
BTC Short ScalpNew Free Scalp Signal ====================                               #BTC/USDT                  Exchanges :Binance & Kucoin Futures             SELL LIMIT        Leverage : 10X - 15X   Spot& Future        Entry : 20850$- 20800$        Target 1 : 20700$                           Target 2 : 20.650$                     Target 3 : 20.550$                        Stop loss: 20.950$ Analysis Method: Order Blocks+ Volume profile Risk/Reward Ratio: 6  SATAN (Desert Eagle) 10.30.2022
Short
by Trader_Needs
Bulls to project first targets.Recent confirmation of leaving the bottom of 40W cycle behind has started fast pace of raise for BTC and other important altcoins. As drawn on the chart we have got first estimation of local target, mid way of the bull run that has started just now. By extending moving averages of recently confirmed cycles, we estimated the point where bitcoin should top off and have some retrace before next stage of this 40W. We estimate the top at 33k by 26th of December along with the top of first 10W cycle. Of course adding some standard deviation is essential for managing the risk level. Bitcoin is getting more and more stable along with the influx of huge institutional funds. It is getting out of being just a speculative asset but a serious instrument so we would not expect some 10k moves but rather a steady up trend. Then we should see some trace back in January, that would lead us to the proper high of the major 40W cycle somewhere between February and March 23. Precise numbers we can estimate after we top off this first 10W cycle that we are riding now.
BITSTAMP:BTCUSDLong
by bartekhl
Is Bitcoin over?Hello again! In my last analyses I have accurately predicted Bitcoin's movement and in Dec 2021 stated the bottom is below $20k, somewhere between $18-14k. BTC has dropped to $17.5k and I'm not trying to guess is it the bottom now. Perhaps it is, perhaps we're about to have another one slide, slightly below 18-17k but if nothing spectacular will happen (like idk, tether issues?) I'm not expecting it to drop anywhere lower than $17k atm and all I want is to focus on the bigger picture right now. So don't look at it as a short-term analysis, rather at a situation that would hopefully happen in next weeks- months. What I'm trying to show you is moving averages and giant falling wedge that is creating. MA30 and MA 210 are really close to each other and in all history of BTC they have never crossed! (red and blue lines). I expect the red line to turn around now and start heading north. To do so BTC has to stop dropping and I believe this is happening right now. Another thing is this vast falling wedge - a bullish pattern. As I'm watching BTC since 2016 this might be the most respected pattern. I believe it will break up soon and BTC's price will start to recover. Orange vertical line is the next halving and the green bars I've marked are my predictions for the next months for Bitcoin. And what do you think? Share your thoughts please! Go north! Tom
BITSTAMP:BTCUSDLong
by JimmyHodl
CPNG - inverse H&SThe techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok if overall momentum is strong). I will put initial stop loss just slightly below $19 and trail stops up if trade is working out. Take partial profits if it is able to reach around 26.5 (resistance there). Let's see if it works out! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:CPNGLong
by Juliac
Merge TimeETH 2.0 is here! Today, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further capitulation and turmoil? At first glance, it appears the merge has been successful. This event will shift the Ethereum blockchain over to new Proof-of-Stake validator nodes which will require staking 32 ETH in order to become a validator on the network. For an investor, holding ETH is now more attractive due to the fact that it is now deflationary. This means that Ethereum is now the highest market capitalisation deflationary asset on the planet. The transfer off the legacy Proof-of-Work system is proposed to lead to around a 99% reduction in the energy consumption of the network. In short, this will make Ethereum much more efficient and allow for significant strides to be made towards crypto’s environmentally sustainable future. Additionally, with the current ESG narrative in investing, this improved efficiency could attract new institutional investors to the world of crypto who may previously have avoided the sector in order to maintain a green image. Another important implication of the merge is that the number of ETH tokens issued as block rewards will significantly reduce. Prior to the merge, around 13,000 Ether were mined each and every day. Now, this number will reduce to approximately 1,600 Ether per day. This is another bullish implication of the merge as there will be significantly less selling pressure on Ethereum from miners selling their rewards. From a technical perspective, it appears the market already had this event priced in as in the last few hours we have not experienced any significant volatility that many were expecting. On the daily timeframe, there is a clear example of a symmetrical triangle pattern. Traders will be watching this chart closely as a breakout above this triangle could light the way to new range highs. Conversely, a break below this triangle could result in more pain and a return back towards the $1,400 - $1,450 support range. Another important thing to note is the convergence of MA9 and MA50 with a crossing potentially imminent. MA9 crossing above MA50 would be a bullish signal and provide support to the idea that a breakout above the triangle would be the more likely scenario. 
by Coinrule
Special moment for Bitcoin as it touches 21KIn the last years, BTC touched the 200 SMA on weekly charts three times. During the COVID crash, it also plunged to the 300 SMA. Will history repeat this time? 300 SMA on weekly sitting on 16K or more -23% to go...to hell and back together let's see what happens in the next hours or days. RSI is extremely oversold, even more than Hash Wars 2019 crash. The bottom might be near, but BTC pegged to Nasdaq in an awful moment, making it unpredictable.
BITSTAMP:BTCUSD
by bgullis
S & P - Will it recover ? YES ( Market Future ?)The weekly chart of the S & P shows that back immediately post-Covid underwent a "death kiss " pattern where the SMA10 touched down on the SMA50 and then rose back above it. The S & P then went onto gain about 50 % over the following 18 months into November 2021. Now, presently another "death kiss" pattern is evolving. By comparison, once the S & P recovers in the 4th quarter of this year, early next year while the recession is potentially at its worse, the market may be in recovery mode in its anticipation of greener days of the future ! What is your opinion ? Please comment.
SP:SPXLong
by AwesomeAvani
6