Regression
13300k Incoming ? BTC/USD $BTC #Bitcoin #btc #cryptoBitcoin surged last night above 11800 and right now is 11950 - just under 12k . Surely 12200 will come soon. But more importantly we are now inside the 'blue' band of that pink and blue regression band . We had been in the lower pink part of that band for awhile but last night we broke up into the blue part of this 'regession channel '. That's bullish imo . That should mean we head up to the top of the blue area of the band . That should bring us to 13300 area and possibly higher ! I myself called for 14 k Btc by Halloween , see my idea linked below . Also the 13350 area is a .618 fib on the chart ( running your fibs from 2019 low of 3150 up to 20k . ) That's an important fib and almost certainly we are going there now . That red star on my chart should be the next level up we hit .
Patience definitely brings good things to those who can wait !
Ethereum Logarithmic Regression I have fit the weekly logarithmic regression and used 20/50/100/200 MA indicator for ETH. For a bullish trend, I expect to see a double cross on the MAs, with the 50 and 100 both crossing the 200, followed by steady separation of ordered MAs (green yellow orange red) from top to bottom.
August FB Levels still relevantLevels of S&R for FB were held these past few days, however, today's tech drop broke some of these levels. FB closed at 263.5, the same level as the support from the regression channel in August, and with the announcement of their new Oculus VR products, I took some FB calls as a swing into tomorrow, looking for a gap up. PT 1 is 265.8, PT 2 is 267.5. Below, beware of a break of 259/257. Good Luck!
Volume Regression Trick (feat. Serbian Užičko Kolo dance music)Okay, this is a simple trick with the built-in Linear Regression indicator. I have used two instances of the indicator, but with different sources. The first one uses price of an instrument and the second one uses volume of an instrument. Yes, it is possible to use non-standard source because the indicator has a special input for that.
As result you get a simple tool for trend analysis and its common cases like trend exhaustion or confirmation.
Good luck and stay cheeki breeki!
Band Practice BTC/USDT #regressionband #Bitcoin $BTC #cryptoThis is that Pink and Blue Regression Band that Bitcoin has been in since the March dump . You can see we just wicked the bottom edge of the pink part of the band earlier today near 10600 . We are still inside it though and unless we go down and close below the band then we are still good to see some upside. See the red arrow ? Near 14k ? That is going to wick us up to the top edge of the blue part of the regression band . Whether we could go even higher after that ,it's always possible . But we seem to be going towards 14k .You can place a regression band on your chart very easily by just placing it and it clicks into place automatically so to speak .You will find it in the left side free indicators in Trading View , the first drop down menu .
$TSLA to slowly downtrend to correction?NASDAQ:TSLA
Seeing a possible slow down trend on $TSLA.
Many other automotive companies are producing EV's, seems just another possible factor that could take away from TSLA's steam.
On the Daily chart we seem to hit a period of consolidation. If this accumulation doesn't feed enough momentum to continue upwards- I'll be watching to see if this stays within the small regression channel, which could lead to ~1330$ area.
If that doesn't entice buyers, I see this riding to the bottom of the larger regression channel & possibly resting around ~1200$ before developing a new trend.
This analysis is strictly for educational purposes, as shorting $TSLA can be bad for your health and is ill advised.
Good Day!
Microsoft New Trend?!As you can see on the weekly chart, i believe Microsoft as finally broke out of the normal trend it has gone to the next step up. I believe that the 208 to 212 area might be a drop back support zone in the event some bad news or something crazy happens. Yesterday i think was the day that determined where the trend was going but i think the Tik TOk possiblility drove it a little more then it should of gone. Thats just a "maybe" situation. A lot of speculation. But this is JUST A IDEA! Thoughts and ideas are appreciated.
BRKS - Cup and Handle. waiting for a regression channel breakout$BRKS
I would have been more convinced if the Pearsons value in Regression channel was >0.899
Also there is one bar above Regression channel and one bar below regression channel.
47.7 to 47.95 is a resistance area.
Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only.
But still worth a buy as fundamental is strong.
So i will place a buy above 48.2 for a 8 to 10$ move.
But after a buy i will keep 47 as stop loss.
EURNZD DOWNTREND - EURNZD has been on a downtrend.
- All EUR pairs are doing the same thing
- All of the NZD pairs are doing the opposite
- I have placed my monthly, weekly, daily supply and demand zones
- Downtrend, and will continue to keep looking for the power of three to spot any changes.
-Perfect time to sell as it just left the top resistance of the regression channel. (short sell)
KEY/USDT too tight for me ! When pullback ? #selfkey #crypto Sorry ! But that pink and blue regression band is too tight for me ! Whilst there might be slight upside - I honestly feel in mid-summer we should be seeing some pullbacks soon . Some nice pullbacks would be great set ups for end of August buys . Would love to see this pick a direction soon . A pullback to 7xx would be great .
CCL approaching supportIt seems that CCL is now hitting support based on previous patterns. I project it will start to increase from here until approaching resistance in at least the low 20s for now. News on new coronavirus cases may affect this, however, based on the regression here I imagine it is on a slowly increasing trend. On the chart is the Hull Suite strategy.
SQ Short Opportunity NYSE:SQ
SQ was trading above a regression channel that has been in place since the beginning of April. If it can break these next key support level, which happens to be Square’s previous all time high, then I see it going down to 92. This is a special support as it marks the bottom of the regression channel, a previous strong resistance level, and a potential gap fill.
EUR/JPY Technical Analysis.Currently, EUR/JPY is trading at 119.58. The pair started a new down trend on 8th June and after giving the exit signal on regression trend by breaking the support level, it consolidated between the resistance and support levels. After breaking the support level and neck line at 120.68, the pair continued the down trend, its first target price for the down trend will be at 119.31 and the second target price will be at 118.47.
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Thank you,
Rishikesh Lilawat
Could be seeing short term gains in CCL, regression projectionWatch for support and resistance levels. The regression level suggests a general market uptrend. Cruise ports reopening in the future will eventually raise stock anyway if it does not go bankrupt. Watch for a trend reversal at support to see if you should sell there to avoid this. CCL has survived many recessions prior.
**Bitcoin Halving Day! Reward reduced from 12.5 to 6.25 BTC*****Look at that beautiful logarithmic scale and regression, that stunning Stock to Flow ratio. The 200 day moving average is so captivating! Math just doesn't get better than this!***
Bitcoin is solidly back within the bands and the mining reward is being reduced from 12.5 to 6.25 BTC today!
Such a delightful graph! Can I get an "AMEN"!