Heya, I'm testing a set of indicators which I explained in this idea (click the bitch): 2h Chart: MACD: Price is increasing but MACD builds lower lows -> Divergence -> bearish StochRSI: positioned in the end of an upswing -> slighty bearish RSI: in neutral zone -> neutral CCI: upwards trend persists -> bullish Ichimoku Cloud: bullish Bears 1,5 : 2 Bulls ->...
Heya, I'm testing a set of indicators which I explained in this idea (click the bitch): Checking the 2h chart: MACD: bearish Stoch RSI: slightly bearish RSI: neutral CCI: neutral Ichimuko Cloud: slightly bearish Bears 2 : 0 Bulls The Bears win this time. Checking the 4h chart: MACD: bear CCI: bear RSI Neutral Stoch RSI: bear Ichimoku Cloud: bull Bear 3 : 2...
Note: I'm testing a set of indicators. This ideas help me to verify my predictions afterwards. Please let me know your thoughts about this strategy, I'm very keen about other opinions or tips to improve. NOTE I'm not a professional trader and my ideas are not meant as trading suggestions. It's your money, so think for yourself. So, basically what im testing is...
I'm a beginner in TA so please be gentle.I'm happy about some feedback though, I really wanna learn this stuff. So lets jump right into it. Looking at the 4hour chart on LTC we see that it broke the bottom line of the upwards trend. If you add the top line ltc formed a wide opened wedge (grey lines) which got broken to to bottom - which is kinda bad. Also the...
I'm a beginner in TA so please be gentle.I'm happy about some feedback though, I really wanna learn this stuff. So lets jump right into it. What I think is happening right now - looking at the 4h chart - is that BTCUSD is testing to break the downward channel (red line). This downtrend goes all the way back till the all-time-high in december. The green upwards...
This is my first published tech analysis idea so please be gentle. I'm happy to hear some feedback though, I really wanna learn this stuff. So lets jump right into it. Looking at the 4h chart of ETHEUR we see that we broke the downward channel (red line) on 02-26. What I think to see in this pattern is a rising wedge (green deshed line) which will complete at...