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Phoenixascendingindicator

Bitcoin Bullish: Phoenix Asc + BBands🐮Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. With a three point analysis today, Bitcoin seems bullish from all perspectives. From a trendline analysis, it seems likely for a weekly close above the immediate resistance zone. From a candlestick analysis, we see a strong week for bulls. Furthermore if we take a look at the Bollinger Bands, we see weekly candle closes way above the basis of the BBands, which indicates a bullish market. And for a final conclusion, we take a look t my favorite technical indicator - the Phoenix Ascending. PA is really a great TA indicator because it contains the RSI, EMA, Momentum and the LSMA (which are all pointing to bullish pressure). Even IF we see consolidation UNDER this zone, in other words sideways trading in a tight range right underneath the turquoise resistance zone , that would still be considered a bullish sing since it indicates that bulls are weakening the resistance zone . _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
37
Bitcoin - Phoenix Ascending Points $19KHi Traders, Investors and Speculators of the Charts 📈📉 According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the Bollinger Bands. Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term. However, BTC dropping may not be a bad thing.. for altcoins . Check out this idea: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
20
BTCUSDT - Phoenix Ascending Points to $22KHi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 By using two trusted technical indicators together, were able to get a near term price target for BTC : $22K. When used correctly, Bollinger Bands in conjunction with Phoenix Ascending can provide a highly accurate price target. From these two indicators it seems that Bitcoin may soon attempt resistance zone $22K. The ultimate question though, is if we will be able to CLOSE above this zone or if it would just be a wick, hunting for stop loses. Want to know which altcoins you should be watching closely AND why ? Take a look here: 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
BTCUSDT - Phoenix Ascending BEARISHHi Traders, Investors and Speculators 📈📉 The markets have been trading bearish overall, with over 2 billion drained from cryptocurrency within the past 48 hours. This comes as no surprise to me, as I have been watching the DXY increase and the TOTAL crypto market show weakness. And so I made this idea a few days ago : There is a possibility that we may correct towards the upside after this drop, we could even see a few altcoins increase over the next few days. However, the Technical Indicator Phoenix Ascending is showing that BTC is in trouble in the weekly timeframe, and if a reversal does not show up on lower timeframes, the next major support zone is only at $12500. Looking for some hobbies or side hustles that make money? Check out these ideas 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
39
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.
BITSTAMP:BTCUSDLong
by NoCreditsLeft
5
Another discount before we explode?Shiba moving along nicely, up 10% since our nice little green hammer formed. On our Phoenix Ascending indicator I am seeing potential for a little more downward movement before we pump. The green is crossing the red rsi moving downward and we can see the white energy is up over the green. RSI took a little dip, but again this can make way for higher gains, if the asset is overvalued before it climbs there is less stability in its rise. MACD starting to climb out from underneath the zero line but not above yet. Takeaway for me is, still lookin for a pretty massive rally to the upside coming up, but maybe we get another Shiba Fire Sale before it kicks off. DYOR and don't be scared or overconfident in 10%-20% or even 30% moves in either direction. This is crypto, right now its still a game the super rich who have a firm grip on price action and they want to take your tokens. Don't let them!! Be smart, be patient, and know what you are invested in.
Long
by Turtle_Lightz
1
DeFi Pulse Index Back down to check 280The DeFi Pulse index token failed to break above the white energy on the 3 hour and 90 minute time frames on the Phoenix Ascending Indicator. The previous 90 minute candle moved the green price line below the red RSI and the current candle shows the white energy moving below the 50 level. The DPI has a possibility of returning to check the previous lower level of 280 to 270. At that point, monitoring the lower time frames may give an indication of a strong base being formed and a return to upward price action or a fall further.
DShort
by ZenoAgropolous
BTCUSD Short Term Bearish Move - $42K possible?If this Red RSI in the 90 minute closes below 50, then the white energy in the 90 minute needs to close above 50 before the Red RSI in the 3H closes below 50. Right now, with that angle of descent, that looks unlikely. AND, if the 12H Green closes below 50, especially with the Red RSI heading down strong with it, we could see a Bearish move to the Yellow Basis Bollinger Band, near $42K This is not trading advice. Phoenix Ascending Indicator by @WyckoffMode - thanks to David for AAAALLLLLL the education he provides on this platform for free.
BITSTAMP:BTCUSDShort
by NoCreditsLeft
My price projection for LINKUSDT 4H in the next scenariosTechnical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Long
by luizhcruz
2
WHY I AM SHORTING BTC EXPLAINATIONVIDEO SHOWS MULTIPLE CONFIRMATIONS AND A STOP HUNT PATERN. The last pump was not a move to the upside but actually just a hunt on short sellers and i show why in the video. We need a close above 38,400-700 range with high volume to signal an alert to hunt for a possible long entry. But everyone want's to know how I predicted 38-39K on that massive run from 32,500 to 38,500 and the answer is I knew it was a short hunt that would like not break the high of the previous weekly candle. So I entered short at 38,640 and closed at 37,700 and reentered at 37,892 with 25X and 2 limit orders to protect. I will hold it to 36,600 and if we braek that zone I will hold it till 35,300. then drop to shorting with 10X leverage from there. Blessings and trade safe everyone
BITSTAMP:BTCUSDShort
by FLASHGORDON10
2
SHORT BTC to $36,600 Part 2Part 2 of why I am shorting BTC to at least $36,600 . The last run up to 38,900 was a Hunt to get shorters liquidated. Basically a stop hunt and now it's over and there no more volume and no interest in pushing above the 38,500 to 38,900 range. If we get a close with high green volume above $38,700 then I may be interested and will certainly watch to see what kind of volume comes in if we do but I think that is about 10-15% chance of that happening. I feel very Bearish and can see a profit taking zone where they only slightly pump to that zone to take profit and sell all the BTC that Black Rock in particular bought up during the pump from $32,300 to $36,000. Blessings everyone and Trade safe!
BITSTAMP:BTCUSDShort
by FLASHGORDON10
1