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Trends

S&P 500 entering an ORDER BLOCK | TAPE READINGThe price is edging up. If you look closely, you will see an Elliot 5 Wave impulse. If you know about fractals, you should have that in your trading arsenal because the Elliot Wave principle is a natural, sensational and accurate tool in 'forecasting' price action. The waves move in harmony according to the Fibonacci patterns and spirals. The Fibonacci is the actual backbone of the Elliot wave principle (although i haven't included it in this price level - even though I have, by virtue of Elliot). The US economy is projected to be moving down. With the recent trade wars, French (fuel) tax riots, weakening global demand, drop in oil, and massive debt, the US should start a process of deleveraging soon. The SPX is reflective of the global economy. The markets have been rising this year, the biggest performers in the upcoming quarters should be emerging economies by virtue of the law of diminishing returns. The global landscape is changing right before our eyes as China takes the stage as the the leading super power. Overall, Trump's Trade War was a misdirected battle that's turning out to be a blessing for all emerging economies because it's happening on the backdrop of President Xi's aggressive, futuristic and rather ambitious One Belt One Road Initiative. The global landscape is going to be shaped by the actions of changing global movement and emerging drivers in the global macro economy.
SP:SPXEducation
by Money_Lab
Critical few weeks coming up for the SPY. As predicted in my previous analysis awhile back; we did bounce off of the 200 weekly moving average and we have seen a respectable rally to the upside. However, we are now coming up to test the lower time-frame moving averages (10 and 100 weekly moving averages,) and if price fails to break back above and hold them as support again, I suspect my original dead-cat bounce off of the 200 weekly moving average theory will come into fruition. I still remain bearish overall on the stock market at this time. If we get rejected at the 10/100 weekly moving averages, we would need to see the 200 weekly moving average hold again as support. If it does not, and we fall below it and see it act as new resistance, we could be entering into a bear market. If we climb back above the 10/100 (and eventually the 20/50) weekly moving averages and hold them again as support, I will change my bearish stance. -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. Previous posts on the SPY: 12/26/2018: 12/19/2018:
AMEX:SPY
by Deftsuo
Potential Long Position For The SNPThis is just a short-term long position for the SNP, if you are a swing trader then there is a possibility we may bounce in January and continue back down on February. I am basing this on the fib extension of 1.618 and the .236 Support level. Things could go alot lower as bearish momentum almost always moves faster than bullish momentum when it comes to the SNP 500. Also I am not as expierenced trading the SNP as i am in other markets so take my charts as just guides as another traders viewpoint so you can further make your own desicions
SP:SPXLong
by StevenRodas
1
The importance of the trend: SAR indicatorHello all, I could talk about price or something, but I'm not in the mood for that today. Instead, I'd like to share with you all how I use the stop and reverse points (SAR) to identify trends and give me an edge in trading. Of course, we have all heard the phrase, "the trend is your friend." Well, it's true. Of course, trends break and at some point following them can lose you money, but in terms of the big picture, following trends is pretty wise: you will be right more than you are wrong if you manage your downside appropriately. There are a few metrics to identify a trend objectively, and one of them is the SAR indicator I am using. If you had solely been trading off of this indicator, you would be doing well for yourself. Of course, this doesn't always happen in every market this well and it's not perfect like anything else, but it is a very good trend indicator. When the dots are above the price, that means you are in a downtrend and of course, if the dots are below the price, then you are in an uptrend. This is extremely useful and tells you the following: if you are betting against the overall direction of the SAR, you are probably wrong. The SAR is therefore a great tool to be using to see if you have a correct outlook in terms of the big picture. In terms of what it says in this chart, it is saying bitcoin is bearish... well no shit, but look at when it first started saying it was bearish: price was much higher. If you subscribed to the narrative that bitcoin was forming a smooth bottom and was about to moon, this would have been a great head's up. This is a big reason I was able to see this large crash coming and avoid accumulating bitcoin spot at $6,000. Of course, I looked at other factors, SAR just is one of them. As you can see, I was leaning bearish and I saved my ass a ton of money as a result because the price then plummeted 50%. Risk management is a thing, but if you are like me and are looking to accumulate bitcoin at certain levels, then maybe 6k would have been one of them. As a result, you would have been dead wrong. I am not a genie, I do not make money by being able to see the future, I am successful by doing the following well: 1. Not lose money (you can't bet the house on a trade) 2. Get into trades that give you a good probability of winning SAR is a tool to help you do the second. Hope this helps, -YoungShkreli
COINBASE:BTCUSDEducation
by CantorTechnologies
2
ADAUSD - 1D Chart AnalysisAfter it has dropped in November from 0.0706$ to 0.0388$ and it has registered a decrease of 45.04% (or 0.0318$), the price of Cardano has started the current month with the right foot. The RSI had a slight return from the "oversold" area, the Stochastic has registered a crossover on the 1st of December followed by a small increase of teh price, which was also confirmed by the MACD as long as it's Moving Average has "jumped" above the Signal. The contradiction comes from the lower trading volumes compared to the previous days and also from the Doji candlestick which was created yesterday, with the price finishing the day at the same value of 0.0419$ as it started. Traditionally, there are some circumstances in which it is considered that a Doji candlestick is showing the market's indecision or a possible change of the price direction. But this doesn't seem to be too relevant for Cardano as we could see the same situation on the 23rd of November and the price just continued the drop. Overall, it seems that without any news which can stimulate the trading volumes, the price has big chances to start moving sideways and to stay between the Resistance Level of 0.0464$ and the Support Level of 0.0398$ for the following days.
BINANCE:ADAUSD
by ReadBTC
Canopy Growth's position in the industry.Canopy is one of the most well established Cannabis companies out there. They mainly focus on the distribution of medical cannabis. They have different products in their portfolio, from CBD concentrated pills to CBD oils. The last couple of days its stocks have been in a bearish trend, but it seems now that they have reached the MA 100 with a bullish candle. If my prediction is correct, its stocks might keep increasing in price. PD: Keep always in mind that Cannabis stocks are very volatile due to the current fragility of the industry. A lot of variables will still be present, coming regulations, market and consumer experiences. Also, controversy with its legalization will create ups and down because there is still some stigma in different societies; as to research that could suggest that its legalization might not be as positive if not structured accordingly.
C
by Xo0
1
ROAD TO $100000 - Logarithmic Forecast - FULL MOONbitcointalk.org Bitcoin to trendline from $5800 to $100000 (100K). This is longterm chart for the bitcoin. Bitcoin history: Bitcoin moved from $0.50 to $1000. the correction takes almost 637 days. In the next cycle X to Y bitcoin moved to its all time high 19400 on Jan 2018. The correction period from X-Y is settling at 336 days, half of the last correction. Next Cycle (Road to $100000). The clear view is adoption of bitcoin will increase to 5 % population and bitcoin again hit to all time high (look at A to B). Possible Time (2021) Furthermore the the correction cycle will reduce between 140 to 150 day. The Red Arrow: $ 500,000 to $800,000 : Bitcoin will the top market cap with over 9 trillion. (Possible time 2027) Hit your views through comment and share.. Thanks.
BITSTAMP:BTCUSDLong
by cryptobitt
4
Blowing up accounts can be a good thingIn this screencast I show some of my positions which are mirrored on my live account. I say that blowing up Tradingview paper accounts is a good thing. The present account has not been blown up for about a year, which is much better than before. I used to blow up an paper account every 3 to 6 months before. It's a very safe space to gain experience, to fail repeatedly but learning from the 'punisher' (the markets). I show a couple key positions and how I thought about them. I assert that a bit of common sense is useful when you know the characteristics of the instrument you're exploiting. But learning how each instrument tends to 'behave' can only be discovered by spending time and interacting in the markets. So I don't trust Wall Street - at all! I'll tighten my stops more aggressively if I'm in a very favourable position. Same for Yen pairs and Gold. USDJPY is relatively tame compared to other forex pairs just from my experience on 4H time frames. I'm delighted to point the way for new traders. PM me questions if you wish but I don't give advice, sell signals or courses/services, or give hot tips. I believe in facilitating new traders to discover their own best methods which match their individual psychologies.
OANDA:US30USD
by Captain_Walker
HAIR, too late? We might get another chance!This started to take off mid day today. I already have two positions but looking for a third on a pullback. My first entry was near the low of October 15th which was a test of the bull trend line. Got a second entry near the low of October 16th which also tested the bull trend line and made higher lows from the day before. Looking for a third entry on or near a retest of the close from October 16th, identified by the box on the chart. It might not make it there because we've established a pretty good battle ground, as seen by the heavy volume profile near $2.15. Ideal profit target would be along the first trend line, with a possible reentry if the trend line gets broken. We will see when that time comes. As always, practice safe risk management!
HLong
by NicAdams
2
USD JPY Patterns idea for going long?I went long at the yellow highlighted area where I hoped it would keep the bull trend going. The last two purple highlighted areas seemed like a on going pattern where the third purple area near the yellow, is doing the same thing where I predict it may follow the dark green and dark blue lines, getting as close as it can to 113.000. If it does not go that way then it may follow the dark red line becoming a bearish trend, maybe a twin buy for a come back.
by mezaulysses
Strong Resistance can mean strong support Here you can see where each time we hit a new resistance we dropped down to the 6000-6300 range and snapping back up breaching resistance and making a new support . we then retrace back to 6200 area before snapping back past new resistance to make a new support . 6800 has proved to be a challenging area for us last month and even last week we dropped down to our 6000 range before "snapping" back up past 7400 which has been the fall off point since early September. i think this 6800 will act as a new support going forward and 7400 should be our new resistance . lets see if the cycle repeats itself there are alot of bullish indicators and I do believe we have strong support at 6000 area.
by NinjaAnalyst
Here is a longterm price analysis of BTC. Lots of data in here..BITSTAMP:BTCUSD I put together this long term BTC chart to analyze the price action and seasonality. There are definitely some interesting data points. Check it out and let me know what you think in the comments! Here are some highlights... Q4 Performance % (daily closes) '11 - 1 '12 - 8 '13 - 509 '14 - (60) '15 - 86 '16 - 60 '17 - 240 '18 - ??? October Surprises! (ranges in %) '11 - (65) '12 - (27) '13 - 143 '14 - (35) '15 - 43 '16 - 19 '17 - 56 '18 - ??? Happy trading!!
BITSTAMP:BTCUSD
by nonoiz