Wavetrend
Release: [AU] Waves+Plus version of Waves with components from both Waves Advanced and Mnemosyne. Essentially, Waves+ is highly configurable hybrid wavetrend oscillator and Fibonacci oscillator.
Pictured to the left are the various indicators that represent incremental steps/advancements toward the development and eventual refinement of a hybrid wavetrend fib oscillator.
Waves+ is available as part of the AU indicator set - contact for trial availability and pricing.
$USDZAR Long 3%+ Daily and Weekly Bull Signals I only use Wavetrend, and volume indicators, all indicators show bullish movements ahead.
Bull signals to go long on Dollar Rand.
Linear Regression looking bullish Daily and weekly
Wave Trend Indicator Buy Signal Bullish Daily and Weekly.
Buy and Sell Volume to Price Pressure Bullish.
Decision Risk Bar Bullish. Daily and Weekly.
Bitcoin is, once again BULLISH!I'm long on the dip, and I'll add more if we dip again, but a shorter timeframe trade can be had with a breakout over the 4hr 200ma and a trailing stop a bit below 2 previous pivot points . Target is around 11,500-11,750 before another significant dip is likely. Don't over-think bitcoin.
EJ Down Here is a waves analysis on EJ. I've tried to illustrate it as clean and simple as possible.
We can see price breaks an uptrend channel and formed wave (ii).
Price has already started to show some strength to the downside after also breaking through EMA180.
Objectives:
0.00% extension near 126.650
1.27% extension near 124.900
Best of luck!
SIX Must See Bullish Signals from LTC 1DHello traders and crypto folk, this is a more elaborated version of my previous post . This is not financial advice, but merely my opinion based off the 1 Day Chart of LTC and you should not participate in investing in LTC merely based off of this post - crypto is still relatively new and NOBODY can tell you exactly where we are headed, but we're all headed there together. I am not a financial advisor.
The first bullish signal on the 1 day chart is a three drives pattern we have fallen into and have currently been consolidating around. This also happens to be the shape of a falling wedge which in charting is typically a bullish signal.
The third bullish signal is we have hit and stayed above the long term trend line spanning back to when LTC was less than $10. This is a crucial support to stay above.
The fourth bullish signal we have is from the wave trend indicator which is showing us a double bottom has just occurred which previously have been followed by a reversal to an uptrend. The wave trend has also started to curl upward which is a nice bullish sign.
The fifth, a low CCI spike up which has previously led us into an uptrend.
And the sixth, oversold RSI spike up.
If parameters were based off of the three drives pattern/falling wedge, I would expect a price spike to around the top of the wedge or, i ($300-$375) the question remains on how long it will take until we get there.
If you liked this idea, please like and share this post and I'll keep it updated. I also think LTC/BTC has a big role in this and if you've made it this far reading this post, here's a little extra:
LTC/BTC has just bounced off the bottom of the 1D bull flag and created a wick. It should, but could also not be , up from here.
Good Luck!
[May 18th/BITMEX] Bitcoin Trend Analysis $7683 - $8270/8500/8700Hello, guys.
Sorry to postpone to upload it.
In the morning, I wrote down it but I accidentally close the chrome.
I was just mad XD. That is why I upload it now.
1. As you can see, the chart shows that it is still bearish .
Today, I assume that it gonna be dropped til below 8050/7670
2. However, so far, I would say
60% confirmed below 8100
20% confirmed below 8000
15% confirmed below 7900
less than 5% confirmed below 7800
3. Long position; open orders $8050/7950/7850/7600 (~x15)
Short position; Closed once
Previous position $8270 and close $8181
Current position open orders $8230 and will close $8100/8050/8000
4. Reasons;
20/50/120 EMA lines are now resistance line.
BB avg line, +1 line, +2 line are now resistance line as well.
Need to push up to at least $8321. If it won't happen, it gonna dropping more.
So far, this chart is working properly and my friends make a profit (a little of profit; maybe more ;) )
They told me that they won't trade today anymore and gonna go to pub XD
If you like this post, please comment or push the like button
If you wanna play on BITMEX, register through it; www.bitmex.com
Thank you so much!
P.S. If you do not disagree, please comment it. I like listening all kinds of opinions.
Have a great day!
BTC Wavetrend Analysis and Current Wedge SetupReasoning Explaing on Chart
This is a neutral analysis but currently we don't see much sign of a reversal. We are at a previous intermittent support level which is marked out by the dotted gray line, but no clear sign of a bounce off of that line yet. If btc consolidates and falls below the dotted gray line, we are looking at support in the purple zone.
LTCUSD WaveTrend OscillatorHi guys,
Just want to share that analysis with the WaveTrend Oscillator. If we analyse what happened in the past we have this :
On that chart, we are at the same point today. Some people don't believe in that reversal because there are other indicators that could indicate the contrary, but is this one a great indicator ?
There may not be a huge bounce, but I don't think we should see a significant bearish move in the next few days. May this indicator or my use not be relevant.
What do you think about that ?
NANO - Watch for Wave 3So my last NANO trade was one of my more profitable trades (except for when I bought in December, of course), buying in at 76K and exiting around 135K.
NANO has outstanding tech and a LOT of good news coming - New wallets, Venezuela project, and roadmap. There are rumors that the roadmap will also contain major announcements as well, as the team has been constantly "reviewing it for legal reasons" according to their discord. The implication being, of course, something large enough to merit legal oversight is in the roadmap. I suppose we will see.
Now let's look at the technicals.
First, looking at a daily chart it is obvious NANO has broken its long-term downtrend and is now entering an area of consolidation before another run up. The only question is, of course, how low will it go during this consolidation - No one wants to buy too early, right?
So let's zoom in. Looking at the smaller timeframes we can see NANO boomed nicely into an obvious wave 1 followed by a period of consolidation. We have established several support and resistance areas, shown in the blue boxes, which align nicely with the standard fibonacci levels. This gives an idea of where we should be looking for entry. Furthermore we see some confirming indicators as well, although RSI has yet to significantly turn up it is leveling out, and the Wave Trend oscillator is vastly oversold. While certainly not enough to confirm bullishness, it's enough to add confidence to a long position given it is also occuring at a support level and after a long-term bear trend break.
As a more aggressive trader with higher risk tolerance, I re-entered NANO at the 118,750 satoshi level. There is a significant amount of buy support in this area and it has been rejected on multiple occasions. If 118 breaks down I will exit this trade and rebuy at the 105 support level areas. It's important to remember to look at this not as a failed trade but simply as an opportunity for a cheaper entry. I will be watching volume as we approach significant resistance levels and trading appropriately - without increasing volume I will be more likely to take profits at earlier levels.
NANO is an incredibly volatile asset intra-day, and it would also be possible to take profits at the major resistance levels, rebuying on the rejection each time. As always, watch volume when attempting these sorts of trades, as it is the most telling early indicator of a temporary (or permanent) resistance rejection. I do not typically do this as I have a day job and can't watch the charts constantly.
So, in short:
Entry 1: 118,750 satoshi
Stop loss 1: 116,000 satoshi
Entry 2: 105,750 satoshi
Stop loss 2: 97,000 satoshi (more rope here as one can expect large amounts of volatility from weak hands)
Targets:
Target 1: 140K satoshi (first resistance level)
Target 2: 160K satoshi (second resistance level)
Target 3: 200K satoshi ( wave three confirmed, play the bounce)
Target 4: 240K satoshi (full wave three execution, very ambitious target).
Estimated timeline: 3 days to 3 weeks (it's crypto, timelines are impossible).
Finally - always watch the king. BTC price rules all. If BTC starts looking bearish... you know what to do. And BTC is certainly at some critical levels right now. Inversely, if BTC pumps like crazy it could destroy alts as well. Basically we want slow, steady growth from BTC.