$XRP/USD showing strength #SequentialBITSTAMP:XRPUSD show signs of strength:
The previous detected triangle did the expected bearish breakout but didn't reach the expected target.
The bearish trend was stopped by the Aggressive 13 and has now been cancelled on an unperfected 9 sell setup
A new bullish trend is born and XRP price is trying to sit above the TDST Resistance.
If price come back below TDST resistance, we could revisit the APEX of the triangle around $0.40 or go even lower to current TDST support @ $0.382
Want to know more about the TD Sequential?
Check:
"https://www.tradingview.com/script/NYbuNBeR-TD-Enhanced-Sequential-Gold/
MATHR3E
TD
Entry points and targets for the rocketTD Sequential Indicator clearly showed relevant entry points for BITSTAMP:XRPUSD since September last year.
We closed above TDST Resistance on mid may, so we can expect a bullish move coming on the next days/weeks while we remain above this previous TDST Resistance line.
If we close below TDST Resistance line, we could come back near the TDST Support line and get another probable entry point
Want to know more about the TD Sequential?
Visit:
TD-Enhanced-Sequential-Gold
MATHR3E
MATHR3E.
BTCUSD - Old Channel Top, no way that breaks!For the moment --- NO ALTS, JUST BTC. Sell between 6500$ and 7700$.
There is heave resistance from the old channe drawn in purple. People could soon come back to earth. There is going to be a massive shake off.
I expect it between the 20 and 28th of May based on TD Setup and Countdown in different Timeframes.
Actually if the 3D chart keeps up the great work, on the 25th of May!
D TD: 13 completion somewhen around the 20th of May.
3D TD: 9 13 Completion on the 25th of May and ends on the 28th of May.
4D TD: 13 on the 21th of May. 9 on the 25th of May.
5D TD: Hopefully not in another Countdown/Setup phase by than, because it gave us great signals so far.
13D TD: 9 13 Completion starts on the 24th of March and ends on the 6th of June
Also the Weekly 100 SMA at 6513$, where we could possibly wick through but not close above.
BTCUSD - Time to sellTime to sell Bitcoin. Could move deeper than people expect IMO.
RSI Trend changed direction and took support as resistance
Possible flag building
TD 9 on the 4 and 12 hour chart. TD 13 coming in on the 4h hour chart.
Volume and RSI divergences on the 1h occured already.
Currently 100 Billion Market Cap as possible resistance. 5000 Euro level as psychological resistance. 5800 Level old support resistance.
This is how you do proper technical analysisIt's a joke
... ... ... but also not!
Don't waste too much time my dears. Technical analysis is just like photography:
No editing: average photo.
1 min edit: good photo.
2 min edit: great photo.
5 min edit: average photo.
10 min edit: bad photo.
Replace edit for analysis and photo for trade and you've got the recipe!
Don't forget that traders, more than everyone else, know quite well that ... time IS money :D
TD Possible Weekly EMA BounceTSX:TD Nearing the 200EMA on the weekly chart. Acted as a nice bounce spot every encounter in the last decade. Considering market environment I will be playing this very safe and waiting for some kind of confirmation before entering a long position. Any kind of daily closes under that range will be enough for me to pass on this trade.
Entry - $65.24
StopLoss - $63.95
Target - $68.95
TSX:TD Potential downside break Looking at a daily close under $69.20 for a short opportunity. Price is testing a horizontal that acted as strong support twice recently. Coupled with a 100/200EMA cross and current market situation will lead to a break in my opinion.
Entry: Would like to see a strong break of support and take the first retest to the $69 area.
Stop-Loss: $70.10
Take-Profit: $67.66
BTCUSD Daily (descending channel)Hello,
A descending channel seem to be forming on the daily. I just drawed some previous resistence and support points, dating from August 2017, intersecting the channel. I'm watching those carefuly for a possible bounce.
#Keeping it simple.
Best regards,
Alexandre Simões
Using TD-D-Wave To extrapolate future Bitcoin prices TD-D-Wave(by Tom Demark) is similar to Elliot-Wave Theory but lessens the subjective "calls"/"changes" to wave counts done by most Elliot-Wave practicioners by implementing minimum requirements as far as candle counts (much like baseTD Indicator).
Won't go too far into the rules in this series of posts but encourage people to poke holes in this analysis where valid and for Elliot-Wave traders to share their current "counts".
TD-D-Wave can be used with Open, High, or Close. I used close for these charts and it's recommended in most material I've read.
This post will be the bullish hopium on Weekly Timeframe and I will either make more posts going into the bearish scenarios or just update underneath this one.
This chart shows that we topped in Dec. 2017 on a completed Wave 3 and ARE STILL working our way through a corrective Wave 4.
I have Wave-1 Qualification @ 211.85$ occuring early November 2015.
Wave-1 closing @ 310.55$ in July 2015.
Wave -2 closing @ 228.89$ in August 2015.
Wave-3 closing @ 18,953.00 in December 2017. Yeah, absurdly long-time for a Wave-3 BUT WE NEVER completed a valid Wave-4 and WE NEVER re-traced under Wave-2 low close.
Until we re-trace on a closing weekly basis under the marked Neon lines on chart ($228ish), I think this entire Wave Sequence is still valid.
Since we have a completed Wave-3, we don't have to use the Wave-1 rules for projecting potential Wave-5 Targets.
using Wave-3 conservatively...Wave-5 should target $30,524.43 in next BITSTAMP:BTCUSD bull run.
(we've also gone well past conservative re-trace targets for Wave-4 already).
Next posts will paint the bleak short/medium term bearish cycles we currently find ourselves in (all inside this OVER ARCHING wave 4 macro correction).
Bearish Divergence and potentially Bearish fundamentals for ETPBITFINEX:ETPBTC displaying bearish RSI divergence up here after the massive run it had this summer. TD counts on weekly and daily RED (bearish).
Suspect this ticker was used for capital fleeing for Chinese (this is a Chinese ICO) this summer and explains the massive PUMP while everything else dumped.
Finex (where massive volume was occuring) is putting in big withdrawl FEES for those that withdrawl big amounts and/or frequently from their exchange (via fiat).
Interesting to see what this does to BITFINEX:ETPBTC
If you take the short keep some stops in place to protect ya self.
Short Play on 9 in 9 for CSLNYSE:CSL came across our 9 in 9 scanners past 2 days (Daily 9 inside Weekly 9) and seems like interesting short opportunity.
Spitballing here...but for advanced TDreasons that I don't wish to dig into here price should target the pink line on the weekly chart shown (low of candle 6 aka Swing Low). Priced bounced from there directly into a perfected Sell Setup 9 on daily.
So our Weekly is is bearish (not the type of Buy Setup 9 that you're looking to buy) and should target pink line, our Monthly is bearish (bullish count broke 1.5 months ago), and our Daily 9 just provided us a perfected sell set up into some resistance.
Short recommended with pink line as first target (will target more if daily count is fresh...will for sure close if a buy set Up 9 comes before the 6 low aka Swing Low).
Daily Chart with same pink target:
CREAM of the CROP on Bittrex Our scanners pulling up a LOT of shitcoins forming potential bottoms on various 9s, 9,13s AND consistently exhibiting RSI divergence.
The following are just a few. Will update if I I get long any of these GEMS. Will be interesting to see how the lot of these perform on average. DARE say the Market is RUNNING OUT of SELLERS?!
BITTREX:HMQBTC
BITTREX:DYNBTC
BITTREX:XZCBTC
Last one on Polonoeix BITTREX:LBCBTC
VTC consolidating on Perfected Monthly 9 BITTREX:VTCBTC flashing perfected 9 Buy on Monthly timeframe per TD....also just happens to be consolidating very nicely near bottom range of a nice channel for 60+ days.
Check mark on chart was when it went 110%ish in <6 hours thanks to a small pump-group (this thing moves very fast both directions due to lower liquidity AND IS why it's been the target for pump groups and whales in the past).
Get in while the gettin is good lads.
LSK looking potentially bottomed, may be good swing trade#LSK/BTC (Binance/Bittrex)
Definitely still in risky waters, but we can try to play this uptick to our advantage.
Daily
Seeing the aggressive buy countdown 13 on current candle. as MACD is coming to convergence. pRSI shooting up with CMF yet a bit diverged from accum/dist giving a potential breakout signal. Trading below all EMAs, so with some movement and this bullish price flip current, we're looking like some good room for profits here/ Far away from the kumo resistance cloud, and it thins a bit in future, so also potentially bullish indication here.
12hr
Similar to 6hr below. bullish price action with flip and 1 sell setup, MACD diverging yet sideways mostly, CMF coming up with accum/dist. Trading into thickening kumo resistance cloud bit bearish so planning to pull this trade off sooner than later.
6hr
Showing some bullish price action on the upward sell setup 3, below all EMAs, but leary with the thickening kumo cloud we're trading into. However we do have MACD diverging adding to continued potential momentum upward, accum/dist diverged from CMF as pRSI skyrockets to bit oversold territory.
3 Day
Hmmmm TD is bit bearish, but seeing bullish price flip currently on a buy setup 4 though... indicating we're looking to swing trade this sooner than later.
Entry : 0.0008300 - 0.0008450
Target 1: 0.0008800
Target 2: 0.0009400
Target 3: 0.0010500
Stop-Loss : 0.0007400
Duration: 1-3 weeks
DASH testing critical long-term levelBITTREX:DASHBTC testing a critical level on the weekly chart this week.
As you can see from the arrows, this level (black line) was tested multiple times before DASH had its massive breakout in 2017.
Zooming in on the 12H time frame below...you can see how the 12H came down to this line on a Perfected Buy Set Up and then flipped before completing the Set Up (Bullish).
Now trending back towards this level. Should it hold, will consider substantial long position.
DXY: Qualified Trendline-BreakBy connecting the latest Level 3 TD Supply Points on the US Dollar Currency Index Chart (4hrs), we see a long Trendline. The Continuation of the Trendline between both Points was drawn by the TD lines Script, while the Line that connects both TD Points (to be exact: the wicks/ the high-values of that candles are connected) was drawn by Hand to better illustrate the Trendline.
The Trendline was broken and R:R based SL/TP values have been calculated automagically. Assuming 1:3, SL is at 94.07 and TP at 95.
CHFJPY 4H LongWhile searching for use-cases for TD Lines based Strategies, I found out that CHFJPY seems to be sensitive to TD Lines/ Trendline-based Signals.
Using TD Points Level 3 reduces the number of Signals but increases the Reliability. As a Strategy for taking Profit, I use the 3-Day-Trailing-Stop-Rule (3DTSR) by Peter Brandt.
Here are the full Settings .
Looking at the Backtests - Net-Profit is high, while Drawdown is low.
Recently, the current TD Supply Line was broken and a Buy-Signal was issued that still looks very valid.
So it would be a good Idea to have a look, how the markets open on Sunday-Night (depending on where you are ...) and then enter the trade on a pullback.
NEOBTC bullish on multiple TimeframesThere are several signs that indicate a bullish trend reversal on NEOBTC.
First - let's look at the 4H Chart. There is a long TD Supply Line that was formed by Level 3 TD Points. Below the Line is a bullish Divergence of Price vs. CCI. The current Candle already broke the Trendline to the up-side.
The Trendline-break and the bullish Divergence are strong Signals for going long - although the Price of the current Candle dropped further and moved below the Trendline. This might be an opportunity to get in early at a good Price.
The second Timeframe to look at is the Daily. We see a strong bullish CCIDivergence that is overlapped by a MACDDivergence, while RSI is in the oversold Area. RSI indicates a trend-reversal, but it is hard to say when this will happen, because it didn't find it's ground. But both Signals - the Divergence and RSI being oversold - are valid long Signals.
Finally, looking at the weekly Chart, it looks like Price might soon touch the longterm upward Trend/ Support Line as well as the EMA70.
Looking at those Signals this might be a profitable opportunity to get into a longterm uptrend.
The Profit Target that was calculated based on the R:R based approach (1:3) of the TD Lines Study, is a little above 0.00565. But assuming that this might become a very strong uptrend, I would aim for at least 0.01.