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Oscillators

The start of a new wave: 68447.9 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTC.D 1M chart) BTC dominance is rising above 58. The point to watch is whether it can face resistance in the 55.01-62.47 range and fall. If it rises above 62.47, a strange market where only BTC rises may be formed. Most altcoins are expected to gradually move sideways or show a downward trend. --------------------------------------- (USDT.D 1M chart) A decline in USDT dominance is likely to lead to a rise in the coin market. However, as I mentioned in the explanation of BTC dominance, I think that most coins in the coin market will show an upward trend only when BTC dominance also declines along with USDT dominance. If USDT dominance falls below 4.97, the coin market is expected to enter a bull market. The point of interest is whether a market where only BTC rises or a bull market where altcoins also rise will be created. ------------------------------------------ (BTCUSDT.P 1D chart) - The 68447.9 point is the BW (100) point of the 1W chart, - The 71363.0 point is the BW (100) point of the 1M chart, - The 73127.6 point is the BW (100) point of the 1D chart. Therefore, we should consider the above points as forming support and resistance points. If the price rises above the downtrend line (2) and maintains, it is expected to create a new wave. Therefore, whether there is support near 68447.9 is an important key point. - The StochRSI indicator is approaching the highest point (100) and the slope is becoming gentle. Accordingly, the pressure for a downtrend will increase over time. In order to overcome this downward pressure and create a new upward wave, it is expected that it will be possible to show a sideways movement in the 68447.9-71363.0 range. Therefore, the point of interest is how the StochRSI indicator performs the initialization process. (The initialization process of the StochRSI indicator refers to moving from the overbought range to the oversold range, and also from the oversold range to the overbought range.) - (1h chart) The BW (100) point is formed at the 67800.5 point and is showing a downward trend. The Mid (50) point is formed at the 67064.5 point. Therefore, we need to check whether there is support near 67064.5-67349.7. If it falls below 67064.5, it is likely to touch 5EMA on the 1D chart or around 65568.1-65922.3. If it touches 5EMA on the 1D chart and M-Signal indicators on the 1D, 1W, and 1M charts, it is highly likely to cause volatility. Therefore, caution is required when trading as there is a possibility of creating a new wave. - The StochRSI indicator is showing signs of entering the oversold zone. Accordingly, when it rises after entering the oversold zone, it is necessary to check at what point it is receiving support and resistance. In that sense, whether there is support around 67064.5-67349.7 is important. - If the StochRSI indicator enters the oversold zone while the BW indicator does not fall below the midpoint (50), it is likely to show a decline such as a pullback or price adjustment and rise again, so it is good to note. The most ambiguous part in interpreting the BW indicator is when it is at the midpoint (50). Therefore, when the BW indicator is at the midpoint (50), it is better to think about a response plan for the coin you are currently trading rather than conducting a new transaction. ------------------------------------ I placed a reservation order to liquidate a buy (LONG) position at the 68447.9 point, but it was not executed. I think this is a part where you can see that the downtrend line (2) is an important trend line. If you do not break through the trend line (2) strongly, it is expected that the breakout will fail. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
USD/CAD generates sell signal after massive winning streak The USD/CAD epic winning streak is over, delivering an obvious topping signal on Tuesday. There’s a couple of options available to traders: the first would be to sell now with a stop either above 1.3792 or Monday’s high of 1.3806. Possible targets include 1.3700 or 1.3647, depending on the risk-reward ratio you’re looking for. The other would be to wait for a potential push towards 1.3792, allowing for a stop to be placed above Monday’s high or 1.3839 for protection. Targets would be identical to option one. Momentum indicators have yet to confirm the price signal, but may encourage more traders to join the move if they too are triggered. With no major data set for release in the US or Canada or Wednesday, traders may begin looking towards the US jobless claims, retail sales and industrial production reports on Thursday. As I’ve discussed in the note attached, it would not surprise to see another ugly jobless claims report given disruptions caused by Hurricane Helene and Milton on the US Gulf states, creating downside risks for US bond yields and dollar. Good luck! DS
Short
by FOREXcom
$SPY October 16, 2024AMEX:SPY October 16, 2024 AMEX:SPY retraced to 578.5 levels. Moving averages gaps are reduced. Downtrend as it is below all moving averages except 200 averages. For the rise 566.63 to 585.27 38.2 retracement done. For the last rise from 574.49 to 585.27 61.8% I done. Hence it is crucial for 4SPY to hold 576-577 levels today being 200 averages in 15 minutes and fib numbers. So, for the day for the fall 587.27 to 578.54 i will short at 583 levels for targets up to 576-577 levels. SL 584 with bar close near top of bar. The number 576-577 also happens to be 9-day average in daily. so i expect some more retracement.
AMEX:SPYShort
by RiderTrader
Traders could veer towards the yen with risk events loomingIt is no coincidence that VIX futures have been creeping higher in recent weeks despite Wall Street hitting record highs, as traders are presumably hedging downside risk as we approach the US election. And that means it may not take much to spook traders out of bullish bets with markets at frothy levels, and that could see the yen strengthen as a safety play. Matt Simpson takes a technical look at yen pairs of interest.
Editors' picks
Short
by CityIndex
5
Support Zone: 64748.70-65920.71 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The M-Signal indicator on the 1D, 1W chart is formed in the 64748.70-65920.71 zone. Therefore, if the price is maintained above this zone, there is a high possibility that a stepwise uptrend will begin. Therefore, the point to watch is whether it rises along the trend line (1) and maintains the price above 68393.48 after around November 4th. If it rises above that, you should check for support near 71280.01. - The StochRSI indicator has currently entered the overbought zone. The rise to the overbought zone means that the upward trend is strong. Therefore, you should be careful when trading because there is a possibility that the upward trend will continue until it falls from the overbought zone. However, if the slope of the StochRSI indicator becomes gentle, the possibility of a downward turn increases, so you should think about a response plan for the decline. When this movement is shown, you should check if there are support and resistance points drawn on the 1M, 1W, and 1D charts, and if so, whether they are supported or resisted at those points. If you do not have support and resistance points drawn by yourself, there is no need to draw additional support and resistance points and create a response strategy. The reason is that additional support and resistance points or various chart tools drawn after the start of trading are likely to reflect your own psychological state. Then, there is a high possibility that it will be drawn according to the price volatility, so there is a high possibility that you will conduct the transaction incorrectly. It is important to start trading right now and make a profit, but I think it is most important to conduct the transaction according to the trading strategy that you originally planned. - If your psychological state has become unstable due to the price volatility, you need to make an effort to make your psychological state as stable as possible by selling in installments. If you do not, and continue to maintain an unstable state, you may end up suffering a large loss at one time, so you need to be careful. - How the StochRSI indicator is initialized, that is, whether it touches the oversold zone, is a point of observation to check the movement of the StochRSI indicator. Since the BW indicator fell from the highest point (100) on March 13, it has not touched the highest point (100) yet. This can be considered evidence that the upward strength is not strong. This time, the BW indicator will touch the highest point (100), so it is a point to watch whether the trend will change. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks. however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch Key factors driving this prediction: Support at $58,000: This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range. Volume and Momentum: Increasing trading volume and momentum indicators are pointing to a potential upward continuation. Moving Averages: BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum. Market Sentiment: With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move. If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds. MCG
by MiDAS_CryptoGroup
ETH - The Bullish & Bearish CaseToday we take a look at ETH and lay out a variety of trade ideas. MONTHLY: From the Monthly perspective, ETH remains very Bullish. Essentially, going long ETH anywhere at or below the low of the Monthly MAC is a legitimate spot to buy. The target based on the Monthly chart is around 3,400 (approximately 30% above current price level). From an investment perspective, this is a great area to go long ETH. WEEKLY: From the Weekly perspective, ETH remains Bearish, as we have not had a confirmed bullish trend change. Right now, ETH is trading at the Weekly MAC high, which is a legitimate place to look for new short entries, or to take profits from any longs taken at recent weekly lows. There is currently H6 bearish divergence setup, but not triggered. If it triggers, I will be shorting ETH to a target of the Weekly MAC low (2,337). DAILY: From the Daily perspective, ETH remains Bearish. However, we are getting a potential bullish trend change (but not triggered/confirmed). There is H1 bearish divergence setting up right now, and if it triggers, the short trade target would be the Daily MAC low at 2,421. As you can see, if you are an investor, the current price levels are reasonable areas to load up to the long side. However, the Weekly and Daily are still bearish until bullish confirmation. Daily is in the process of confirming bullish, but not yet. Day trades and shorter term swing trades to the short side are still valid. Have a great week.
by Tradius_Trades
BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks. however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch Key factors driving this prediction: Support at $58,000: This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range. Volume and Momentum: Increasing trading volume and momentum indicators are pointing to a potential upward continuation. Moving Averages: BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum. Market Sentiment: With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move. If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds. MCG
by MiDAS_CryptoGroup
Chart with trend(MACD), momentum(DMI), and market strength(OBV) Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- BW+ indicator is an indicator that comprehensively evaluates MACD, DMI, and OBV indicators. Therefore, knowledge of MACD, DMI, and OBV indicators is required. I added the existing HA-Low and HA-High indicators to express the section to start trading more clearly. - The indicators have changed and been supplemented a lot over the past 6 years of using TradingView. It was not easy to express my trading method as an indicator. Because of this, I think there are people who unintentionally interpret my writing differently from what I think. So, to narrow this gap, I am explaining the indicators used in my article. Since these indicators are automatically generated by a formula, no one can change them. Therefore, I think anyone can look at the chart and interpret it from the same perspective. However, there may be differences in interpretation depending on one's investment style or average purchase price. However, since everyone talks about the same point, there will be no confusion. - When talking to each other in the community, if you talk with the chart tool you drew, you may talk differently and there may be room for misunderstanding. So, I think the conversation often goes in a strange direction because the conversation ends up talking about whether it is LONG or SHORT right now. I think that charts drawn with chart tools are not very meaningful because they only show a part of the person's thoughts through chart analysis. This is because they do not tell you the selection point using the chart tool, so interpretation or understanding is lacking. Therefore, you cannot apply such content to your own chart. So, since it can't be used as a trading strategy, I can't help but just say, "Oh, that could be possible." However, if there is a chart that everyone can see and no one can change, I think it would be easier to talk and reflect each other's thoughts on my trading strategy. I think that because of that, I can find out what I lacked and supplement it. Not everyone sees the same thing and thinks the same, but if the basic point of the thought is the same, I think it can help me make other people's thoughts my own. - Anyway, I hope that this chart change will help you create a clearer analysis or trading strategy. - The MACD indicator added to the chart is an indicator with a modified formula from the existing MACD indicator, but the interpretation method is the same. That is, - If MACD > Signal, it is interpreted as an upward trend, - If MACD < Signal, it is interpreted as a downward trend. - The DMI indicator added to the chart simplifies the interpretation of the existing D+, D- indicators by expressing them as lines on the ADX line. That is, - The section expressed in Aqua color means a downward section, - The section expressed in Orange means an upward section. - When ADX is above 25, it means that the strength of the upward or downward movement is strong, - When it is below 25, it means that there is a high possibility of forming a box section or sideways section. - The OBV indicator added to the chart means an upward trend when each line is broken upward, and a downward trend when it is broken downward. - The indicator that expresses the contents explained above is the BW v1.0 indicator. In order to see this more intuitively, the BW (100), BW (0), and Mid (50) indicators were added so that they can be expressed in the price candle section. In addition, there are also High (80 Down), Low (20 Up) indicators. - It is never easy to interpret each indicator and evaluate it comprehensively. It is especially difficult when trading in real time. - When interpreting the BW v1.0 indicator, it is basically divided into rising and falling based on the 50 point. Therefore, passing the 50 point increases the possibility of a significant change in the trend. Therefore, it seems that trading can be done based on whether there is support near the Mid (50) line generated when the BW indicator passes the 50 point, but this is not the case. The reason is that volatility is likely to occur when a change in trend occurs. When volatility occurs, your trading point will go up and down, so psychological pressure will increase and you may proceed with an inappropriate trade. Therefore, a good point to start trading is the BW (0), BW (100) or HA-Low, HA-High point. Since these indicators are generated at the boundary of the low or high point range, if you start trading based on whether there is support, you are more likely to get good results. - In any case, you should think in line with your average purchase price. Otherwise, if you trade incorrectly due to psychological pressure when you get close to the average purchase price, you may end up with little profit or even a loss. This means that when you start a new trade, it is better to start near the BW (0), BW (100), HA-Low, and HA-High indicators as mentioned above. - Have a good time. Thank you. --------------------------------------------------
Education
by readCrypto
Just before turning into an uptrend Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (AVAXUSDT 1M chart) The key is whether the price can be maintained above 21.39 and rise. - (1W chart) The key is whether it can be supported above 27.29, in the box area of ​​the HA-High indicator (29.24-54.14), and rise above 45.36. If the price stays above the M-Signal indicator on the 1M chart, there is a possibility that it will turn into an uptrend. - (1D chart) The key is whether it can rise after receiving support around 27.29-28.64. However, since the StochRSI indicator has entered the overbought zone, we need to look at where it will receive support when it falls from the overbought zone. If it falls below 27.29, 1st: 24.8 2nd: 21.39 We need to check whether there is support around the 1st and 2nd above. - AVAX is just now showing a movement to turn into an uptrend. Accordingly, the 28.64-31.75 zone can be considered a buy zone. If you bought in the 28.64-31.75 range, the BW (100) line is the time for a split sell. If the price rises a little more, the BW (100) line is likely to be created, so the first split trading point may be close. If the price stays above the BW (100) line or the HA-HIgh indicator, a stepwise uptrend is likely to begin. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture A full-scale uptrend is expected to begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Prepping for a EUR/USD squeeze given bearish sentimentEveryone wants to dunk on the euro and buy dollars right now, explaining why EUR/USD continues to grind lower. With signs of US economic exceptionalism evident again, the number of Fed rate cuts expected this cycle continues to dwindle just as the amount of easing from the ECB ramps up. USD looks great, EUR does not. But that’s now priced in, meaning we may need to see a continuation of those trends to see this downside flush extend. Because if they don’t, EUR/USD could be due a squeeze. With the main risks events this week arriving on Thursday with the ECB interest rate decision, which is nearly fully priced for a 25 basis point cut, and jobless claims and retail sales figures in the US, there must surely be a temptation among traders who are short to reduce or close their bearish positions, suggesting we may see some form of reversal. On the charts, EUR/USD finds itself back in familiar territory, testing and bouncing from a long-running downtrend dating back to July 2023. Given the initial interaction with the level, which has been respected all bar one false break in August, it provides a potential level for a long setup looking for some short-covering and/or squeeze. Those considering longs could buy ahead of the downtrend with a stop below either Monday’s low around 1.0890 or the 200-day moving average located at 1.08743. Potential trade targets include 1.0955 or 1.1000. Momentum indicators such as RSI (14) and MACD continue to generate bearish signals, meaning for the trade to succeed, it will need to go against the prevailing trend. That underlines why risk management should be front and centre of those considering the setup. Good luck! DS
Long
by FOREXcom
The key is whether there is support near 2621.99 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- ETH is in a reverse array. Therefore, it is not attractive to start trading. Therefore, the point of observation is whether it can turn into a regular array when the price is maintained above 2621.99. Based on the current price position, it is expected that a full-scale uptrend will begin only if it rises above the 3265.0-3321.30 range. Therefore, the 2621.99-3321.30 range can be considered a buy range. So, rather than rushing to buy, I think it would be better to wait until the chart is at a level where you can trade. - The Mid (50) line is showing signs of being newly created. Accordingly, the support near the Mid (50) line is the key. Since the Mid (50) line is expected to be created near the M-Signal indicator of the 1W and 1M charts, near 2621.99, this section is becoming more important. Therefore, if the price is located near 2621.99 when the M-Signal indicator of the 1D chart rises above 2621.99, then I think it would be a good time to buy. - If you bought near the BW (0) line or the HA-Low indicator, the area near 2621.99 is the first split trading area. As I mentioned above, if you bought around 2621.99 when the chart was created, the BW (100) line or the HA-High indicator is the split trading area. Currently, the BW (100) line is formed at 2627.76, and the HA-High indicator is formed at 3787.59. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Start of full-scale uptrend: 64748.70-65920.71 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- In order to use the BW+ indicator in chart analysis, the existing HA-MS_BW+ indicator has been integrated and modified. -------------------------------------- The key is whether it can rise above the trend line (1). The StochRSI indicator seems to be entering the overbought zone. The fact that the StochRSI indicator has entered the overbought zone means that the upward strength is strong. Accordingly, there is a possibility that it will show an upward trend until it falls from the overbought zone, so you should look at the movement at the support and resistance points drawn on the chart. --------------------------------------- We need to check if the price can be maintained above 65618.80, which is the upper point of the HA-HIgh indicator box. The 65920.71 point is the HA-High indicator point on the 1W chart. Therefore, if the price is maintained above 65920.71, there is a high possibility that a stepwise uptrend will begin. However, since the StochRSI indicator has entered the overbought zone, it is expected to show a downward trend, so it is expected that support will be important around 65920.71. - The BW (100) line is currently formed at 73072.41. If the price rises a little more and a new BW (100) line is created, that area will be the split trading point. Otherwise, the current BW (100) line position, 73072.41, will be the split trading point. - If it falls below 64748.70-65920.71, the most important support and resistance point is 61099.25. However, before that, we need to check whether there is support near 62856.30, the lower point of the HA-HIgh indicator box. - The point of interest is whether the price can be maintained near the 64748.70-65920.71 range even after the next volatility period, around November 4th. If not, we need to check whether it is located near 56204.13. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
USD/CAD trade setups as Canada's inflation report loomsUSD/CAD sits just below a known level heading into Tuesday’s Canadian inflation report, providing a potential setup for bulls or bears depending on the price action evolves. 1.3792 is the level in question, acting as both support and resistance on multiple occasions earlier this year. Sitting less than 10 pips away, how the price interacts with the level before or after the inflation data should inform you on what setup to choose. With RSI (14) and MACD providing bullish signals on momentum, the path of least resistance appears higher near-term. If we were to see the price break and hold above 1.3792, longs could be initiated with a stop below for protection. Possible targets include 1.3947 or 1.39777, two levels coinciding with former market peaks. Alternatively, if the price were to be rejected at the level, you could sell with a stop above for protection. Potential targets include 1.3708, 1.3647 or 200-day moving average. With nine consecutive bullish daily candles, equalling the run seen in July, it’s safe to assume near-term positioning in stretched in favour of USD longs, suggesting an upside surprise in the inflation report may deliver the greatest market impact. Another bullish candle on Tuesday would make this the longest winning streak since 2017. Good luck! DS
by FOREXcom
$SPY October 13, 2024AMEX:SPY October 13, 2024 15 Minutes. As projected AMEX:SPY made a high 579-580 levels. Now the next target is 587 levels. But we have oscillator divergence now. And in daily AMEX:SPY far way by nearly 8 to 10 with respect to 9- and 21-day averages. So, for the rise 566.63 to 580.33 AMEX:SPY need to hold 576-577 levels for uptrend to continue. For the rise 574.49 to 580.33 we need retracement up to 576 levels which is also 100 averages in 15 minutes. So, I will buy only on a pull back to 576 levels. As of now sell is only below 571 levels.
AMEX:SPY
by RiderTrader
The #1 Reason Why Real Estate Is The Lowest Hanging FruitAm drinking my cup of tea before recording this video as I click on the Tradingview platform I notice in the breaking news tabs -- "Real Estate low hanging Fruit" [ NYSE:HD AMEX:IYR ] -- Now if you look into this video you will see the stochastic indicator and inside this video I show you why this indicator confirms the latest breaking news as real estate being the lowest hanging fruit For you to buy Watch this video to learn more Remember to rocket boost this content to learn more -- Remember on the 19 of October am going to show you "The Top 13 Iron Watchlist" Which I will be using for 2025 to see major market cycles. Save that date -- Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies.
AMEX:IYRLong
by lubosi
How to Use Trading Zones in CryptoHello, Skyrexians! Last two articles were the deep dive into the Awesome Oscillator and Acceleration Deceleration indicators by Bill Williams. In conjunction with the fractals and the alligator these indicators are the powerful concept in cryptocurrency trading. It can significantly boost your cryptocurrency trading strategy, crypto trading algorithm or you can implement it into trading bot. Today we will expand this concept with the trading zones - the periods on the market with the bullish or bearish superiority. Trading zones is not the popular concept in comparison to Awesome Oscillator, that's why using it can give you a huge advantage in crypto trading because even top crypto traders don't use it in their trading routine. Let's go through its concept. Before start observing the trading zones concept we have to understand what are the Awesome Oscillator and Acceleration/Deceleration. Awesome oscillator is the approximation of the market's driving force. Usually it starts moving before the price if this is an impulsive wave. During corrections it can flash the false signals. Before the driving force starts moving the acceleration changes its direction. That's why combination of these indicators is so important. What is the trading zone? As you know from AO and AC descriptions they can have 2 conditions: increasing (greed bars) and decreasing (red bars). According to this we can define 3 marker conditions: Green zone. Both AO and AC have the increasing columns. This is the strong bullish phase. Only long trades are allowed. Red zone. Both AO and AC have the decreasing columns. This is the strong bearish phase. Only short trades are allowed. Gray zone. AO and AC have the different directions. No signals can be generated by this trading zone
Education
by Skyrexio
Chart for trading on time frame charts below 1D chart Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- This is an indicator created for trading on time frame charts below 1D charts. Therefore, there is nothing to explain. This is because trading should be conducted according to your own trading strategy or response strategy. However, I hope that it will be a reference material that allows you to create a trading strategy or response strategy that suits you by looking at the points where you can start trading or the points where you can respond. To use this chart, click the three dots below this idea and click Grab this chart. --------------------------------------------- The basic trading method is as follows. 1. The BW 0 line or BW 100 line is the standard line for trading. Therefore, to start trading for the first time, you will trade with a buy (LONG) or sell (SHORT) position depending on whether these two lines are supported. 2. The Mid (50) line is the position conversion line. Therefore, when trading with a sell (LONG) or sell (SHORT) position, if you touch the Mid (50) line, you should proceed with a split transaction or liquidate depending on the situation. 3. The High (80 Down), Low (20 UP) line plays the same role as the Mid (50) line, but it is a line for the main purpose of a split transaction. Therefore, in the case of a low time frame chart, it may be more helpful to deactivate the High (80 Down), Low (20 UP) lines. - The additional trading method is as follows. 1. If it falls below the BW 0 line, it is likely to lead to a stepwise downtrend. 2. If it rises above the BW 100 line, it is likely to lead to a stepwise uptrend. Therefore, if 1 and 2 occur, you should conduct split trading near the Mid (50), High (80 Down), and Low (20 UP) lines. To determine this, it is recommended to conduct trading by referring to the movement of the StochRSI indicator. If the StochRSI indicator has entered the overbought zone, it is highly likely to lead to an additional rise. Therefore, if it falls in the overbought zone and changes to a state where StochRSI < StochRSI EMA, the price is likely to continue to decline. Conversely, if the StochRSI indicator has entered the oversold zone, it is highly likely to lead to an additional decline. Therefore, if it rises in the oversold zone and changes to a state where StochRSI > StochRSI EMA, the price is likely to continue to rise. With this interpretation method, I recommend using it as a basis for judging how to proceed with a transaction when the price is located near the BW 0 line and the BW 100 line. - When trading, it is recommended to proceed based on the trend of the 1D chart. In other words, if the 1D chart maintains an upward trend, it is recommended to proceed with a transaction to maintain a long position. If you need to trade in the opposite direction of the 1D chart trend, remember that a short and quick response is required. In order to see the overall trend, the M-Signal indicators of the 1M, 1W, and 1D charts have been added. For scalping or day trading, the 5EMA indicator of the 1D chart has been added. - Have a good time. Thank you. --------------------------------------------------
by readCrypto