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Trendchange

USD/CAD: Swing-Setup! We LOVE WEDGES#2Hey tradomaniacs, welcome to another free signal! Important: Wait for the Breakout and sell the retracement! ------------------------------------------------------------- Type: Swingtrade Sell-Limit: 1,32909 Stop-Loss: 1,33405 Target 1: 1,320 Target 2: 1,318 Target 3: 1,31373 Risk-Reward: 3,09 ------------------------------------------------------------- Leave a like and a comment - I appreciate every support! :-) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
BTC Update! Bears remain in control - what I watch forGood morning crypto traders! Last chart I discussed using $6441 as my personal stop loss based on it being the most recent Higher Low on the 4 hour chart. Once bulls lost the Higher Highs, I was expecting the bulls to then give way to the bears and let them take a Lower Low. This is where my Stop Loss triggers and locks in my profits from the trade and I happily sit back in cash to watch the trend change play out and see how long the bears will control it. On this chart, I decided to do more education of how I analyze a chart. Starting left to right. I placed the green arrows to show our initial uptrend from $6202. We went up, then formed a higher low and then a higher high and continued this pattern until we topped out at $6540. To this point bulls still feel fine as higher lows and higher highs are in tact. They dropped to $6441 for the higher low but then failed to make the higher high after that and then fell to a lower low. Here is the trend change from higher highs and higher lows to lower highs and lower lows. Traders have stops in place to protect capital and lock in profits after the initial uptrend. Other bearish signs include the EMAs crossing over as well as an uptick in bear volume. As stated last chart, I was happy sitting in cash unless the bulls were going to show a change from lower highs and lower lows back to higher highs and higher lows. Bulls made a slight attempt in getting a higher high (all be it by $10) but when consolidating back down, they failed to give a higher low and we saw the spike in bear volume and a push down to this recent low at $6253. So currently our support is $6253 and then $6202 which was our bottom from when the initial last bull move started at. Resistance at $6384 for the bulls to re-attempt a higher high. EMAs acting as pretty strong resistance on this move as well so an easy spot for bears to pile in for short positions as EMAs get approached. So again, remaining all cash and waiting for the trend to change back to the bulls favor. Remember, nothing goes straight up or straight down. There are trades you can make even bullish trades in an overall bearish market that we've seen for nearly a year now. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
BTC Update! Bulls continue on... busting through prior range!Alrighty, here we go again. Same story, different day. Last chart I was watching the consolidation from our push towards mid $6400's. My personal SL was set just under our recent higher low of $6313. From there I was ideally expecting another higher low before bulls would hopefully re-test $6500 or the top of the box from our prior trading range. Bulls established the higher low at $6372 and we now saw the push up with decent bull volume here to break $6500. We ran to $6540 and saw some profit taking but overall bulls need to see some brief consolidation and a push higher. $6681 stands out as a potential resistance from a prior topping point but most importantly to me is low $6800s. If the bulls can get there and above that this week or weekend we are in some potential bullish territory. That is still a ways away so perfectly fine with consolidation and an eventual loss of 4 hour higher lows which would stop out a lot of traders including myself. But currently I am seeking profits on trades and have guaranteed a profitable trade here with the higher lows. Alt coins have seen some great gains as well this week and I am personally trading those as well. I may start including occasional alt coin charts over the next few weeks if I find some time to post. Alt trading is a bit of a different game just due to liquidity purposes and much easier to manipulate in an already manipulated market. Sorry for the long post but bottom line, bulls maintaining 4 hour higher lows, creeping stop loss up for personal position with each new higher low established. Next real test is $6800s for BTC but personally feel we'd see some significant consolidation prior to a push towards that level. Ideal scenario to me is another leg up here this week towards $6700, consolidation down towards mid to upper $6500's and then a push for $6800. But will wait and see. Have a plan. Know you exit points for stops or profit taking points. Stick to a plan so you don't allow emotions to make your decisions. Happy Trading! Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
AUDUSD Breakout from Major DowntrendLast week this pair showed a lot of buyers strength and broke the major downtrend that started back in January 2018 after a major bounce of a double bottom pattern at the .705 price handle. I see price moving up further to test the 100% retracement with some selling coming in play down to test the 618 retrace before bouncing up to the 1.272 extension with major structure confluence at the .736 price level. This could be a major trend change for the coming months.
Long
by TheCaffeinatedTrader
1
The global trend is starting to change?How to understand when the global trend is starting to change? The issue of trend reversal is very acute at the moment, because we are witnessing a rather long fall and one of the longest corrections now. And to be precise, this is the second biggest correction. How to found out the moment has come and you need to urgently buy up everything so you do not cry you did not buy the Bitcoin for 6500, when it already costs 25k? In fact, no one professional analyst or trader can say exactly the trend has reversed. There are always certain moments which just do not allow you to be 100% sure. But we can give you some signs will help you understand it's time to make neat purchases: 1. Long fall. When you notice price decline continues for quite a long time, this is a sign the turn is getting closer and closer. 2. Falling volumes . If the volume falls noticeably in the long price decline, this is one of the strong signs an impulsive reversal is coming. 3. The price is on par or returns constantly to the same level. Certainly, the correction does not continue all the time, and if it can be seen the price returns to the level of the beginning of the rebound after local bounces, it means the “bottom” is somewhere nearby. 4. Slow motion. When the correction comes to an end, price movements slow down and overall volatility decreases dramatically. 5. Psychology of the environment. For example, when there was a big pump to $ 20,000 per bitcoin, all the people around were talking about cryptocurrency, everyone wanted to buy it, there was, so to say, an overload of the people industry. Then it was a sign it was time to close positions and wait for the falling. It is enough to interpret this observation. These are the data we have noticed and collected to you understand the market could turn around. Surely, there are a lot of moments, but we gave you the most common and basic ones. Thank you for attention! Let profit come to your home
COINBASE:BTCUSDEducation
by Btctrader888
BTC is coming back from the MUD!Dear crypto friend, crypto passionate and crypto addicted, we are facing a possible reversal of the BTC pattern, the bulls are taking control over the bears, so is probably time to open your wallet and buy some fresh new BTC! Bullish divergence, EMA 55 Crossing and an increased volume are very nice and good signs for a BULL scenario in the short term period. With the downtrend reaching 7200 we hit the 0.78 fib level which is actually a prefect indicator for the end of the 5th downimpulse wave. 3th wave target around 9200 and taget of the reversal around 10500 for me! *this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
BITFINEX:BTCUSDLong
by thegio
2
(BTC) BITCOIN TESTING NEW SUPPORT!! Incoming bull confirmation!?This will be a quick one folks but it has me majorly excited so I had to throw something together! So, It would appear that COINBASE:BTCUSD has officially smacked its way above the heavy overhead resistance and will be testing it as a new support within 24 hours!!! I've been watching this line for a very long time waiting for this exact situation to unfold. We're not there yet but I am of the opinion that if we can test that support and stay above it we will have our first true confirmation of a large scale trend change in the BTC market. So enough about my excitement, heres the nitty gritty of it: Most bars spent above all time high resistance since markets turned in December. MACD is on a roll with new higher swing lows. MACD is still showing bearish divergence, but appears to be slowing down and very well could still close above zero and form new higher swing low. The STOCH & STOCH RSI are both bearish and below 20. BTC appears to have gone channel bound, forming a pretty little bull flag above the new support. Bottom of bull flag, new minor trend support and new minor trend support all converge in one spot!!! We just saw our first clean elliot wave, and following correction where the correction closed above the wave 1 peak! So yes, theres some bearish signs in there, and im okay with that. I fully expect things to dip for a bit and hope to see some major action around tomorrow 7PM EST. Another point to watch assuming this plays out is March 7th as the current minor overhead resistance and the 50% fibonancci retrace will be converging. Obviously alot of this relies on BTC testing that prior major resistance as new support, but if we pull that off...well I think I might just see the moon in view again! ***The final elliot wave is obviously extremely theoretical and just meant to show a general direction if the trend is confirmed. *** Note that the MACD RSI crossover strategy I've written has the RSI hidden, and that the earning results are irrelevant as it used for cleaning up major trends NOT buys and sells. *** The dual Stochastic/Stochastic RSI source code can be found on my page if you're in need of a simple space saving indicator! This analysis is meant for purely educational purposes, and whether you choose to trade on it or not is entirely on you! Remember, TA is neither investment advice nor a guaranteed science, but rather an informed attempt at predicting future movement based on historical AND emerging patterns! Good luck and happy trading fellow cryptoheads! Austin Doyle CTO Crypto Playhouse
COINBASE:BTCUSDLong
by UnknownUnicorn1613901
(BTC) Are the bulls back?!?! NO!!!...But change is in the air!!!Alright folks, I know I dropped a COINBASE:BTCUSD analysis for you yesterday (and its held solid!!!)....but I felt like it would be beneficial to provide something less "predictive" and just drop some facts. So as I said, no predictions today, just facts! And I must say, these facts look real promising; all signs point to a significant momentum shift in the recent trend. Enough babble, lets lay it down! 1. The most recent major peak was the first since things turned bearish to break above the ATH overhead resistance. 2. The downtrend from this peak has been significantly less impulsive than the prior major peaks. 3. Although things may be dipping a bit COINBASE:BTCUSD appears to have formed a new minor support above the previous minor channel. 4. Swing lows on the MACD are not only getting higher, but they are now diverging further from their low support for both the signal and MAC. 5. The MACD volatility has dropped off significantly since the second major peak. 6. The MACD is spending significantly longer periods above the zero line. 7. Last but certainly not least, we are seeing convergence of the 24% fib retrace, the july-november low support, and the major overhead resistance. So in short... are we out of the woods yet? Absolutely not. BUT with all of the signs in front of us, I smell the perfect storm for a significant breakout assuming we can smack through that overhead resistance! *** Note that the MACD RSI crossover strategy I've written has the RSI hidden, and that the earning results are irrelevant as it used for cleaning up major trends NOT buys and sells. Remember, TA is neither investment advice nor a guaranteed result, but rather an informed prediction of historical and emerging patterns. Good luck and happy trading! Austin Doyle CTO Crypto Playhouse
COINBASE:BTCUSD
by UnknownUnicorn1613901
3
EUR/JPY sellThis was a perfect sell setup this morning. Potentially MASSIVE downside. The entry should have been upon breakout of smaller corrective structure. The overall structure and wave pattern tells me downside. I'd been waiting for Echf sell and EJ sell for a while. Those are the types of breakouts to just let run. GJ was also a beautiful channel breakout. I did a video today explaining these. They would not let me publish earlier, or I would have posted them before. Not the greatest entry point now. I think they will continue, possible a trend change, but I'm stop in profit..... So, you may want to be careful, but definitely looking for sells at this point in my opinion.....
Short
by thillygoosth
BTSBTC Trend ChangeSo, what we can observe is that BTS has broken downtrend and escaped zigzag. Sudden rise portends uptrend and if second candle will be blue we can play on rise. RSI shows bullish divergence on last 3 candles, also it broke lower border. Alternatively, we can see high divergence on S-RoC indicator, on range of 5th September and 10th September. Additionally, volume is also increasing in that rise. My prediction is that, if BTC continues to fall, it may effect BTS price and we can't see future uptrend, but if BTS price increases BTS will go up very fast. Buy BTS now and put stop-loss orders on 0.00002590 priceline.
Short
by bejaneps
2
EXAMPLE ON HOW PRICE CHANGING BEHABIOUR / EURCAD /1W (CASE ONLY)Market moves in Trends 1)Uptrend 2)Downtrend 3)Sideway Trend These trends could be generated by the policymakers (Central Bankers)of respected currencies, Politician's decisions , Geopolitical Situations, Elections, Referendums, Reports, Surveys,Natural Disasters, Etc. Price could move in million ways. But certain cases of pattern repeat. "History Repeats". This is simple a idea how price is changing in different conditions. These trends could happen in even in 1minutes charts or even in large time frames. Our duty as successful trades is to identify these patterns before they happen. Specially rates and inflation and political situation majorly affect a countries' currency. If you think this post is useful press a like Thanks Shyamal
Short
by ShyamalFx