I watched very closely as the candle sat above the bottom Linear Regression and woke up this morning and saw that it had bounced quite comfortably. Over the next 24 hours I expect price to settle and if we close today with the current Indicators than $13000 could come. On the daily the 10EMA has crossed over the 20EMA MACD fast crossed the short The StochRSI...
It has been struggling of late here the last couple weeks and more times than not leads to a dump in the market. if we close under $220 on the 2 day chart then $144 is very possible. I have marked an area between 25th of Feb - 2nd of March at which where I believe we are in the market. The MFI and RSI structure is similar during that period and the MFI...
This is BEAR an easy way to short the ASX with this ETF, BEAR goes up is stockmarket goes down. Looks like we are moving up from the bottom Linear Regression and forming a higher low as we speak. On this 2 day chart we been sitting in oversold StochRSI since the beginning of April and now is opening up to the upside. The bottom Finder indicator is @ 17 which is...
It has been a tremendous run for NST 11 years or so but now could be a turning point even if thats short lived. Points in case: Double Top priced closed below 20 Moving average 10 EMA BELOW 20 EMA 2-3day Stochastic RSI in a downward direction See how this goes. This is based on how I read the charts
We are priced in the area where I felt the ASX200 would hit. The daily chart showing RSI & StochRSI overbought. Yesterday and today the ASX200 touched the top of the Linear Regression. This is very crucial as the direction is down, it needs to close above it for a few days to have any chance of turning up longer term. But we are hitting resistance every move up...
If you are looking to get some reasonable cheap USD for purchasing overseas items, Bullion or Crypto stable coins (I don't think buying Crypto investments now straight away is a good idea), we have a small window of opportunity in a little while. The Stoch RSI & MACD has still momentum to take us to the top of the Linear regression, if we have a close above...
1st off watching closing the 20 week MA, will pave way for $6400 after that it'll retest previous lows. Support : @ $6400 and $3850 after that $2400 The 2 day selling Volume is similar to June 2019, that was a 64% from that time to trough (Give or take). More times than not when the stochastic RSI has been overbought and comes out of it, it gives you a...
The weekly chart looks AMAZING. In 2018 I back tested this current system Candle close above the Weekly 20MA Stochastic RSI rising but not in overbought 80 MACD crossed Bullish. This is a rare moment that these indicators align THE LAST TIME THIS HAPPENED WAS 24th April 2017 WOW that's 3 years ago. If we can close above $10500 CAPP, than we are all good. But I...
This is a large time frame Monthly candles to gather the long-term outlook. That is 1 huge red volume of the BTc Monthly candle. On top of that the MACD & Stochastic RSI looked bullish but crossed bearish the following month, which is a great indication of rejection for the bulls. The momentum has at least 6 months to go bearish. 2 lower lows from its $20000...
The market looks like in complete meltdown, but for the short term the market is due for a bounce. 38% drop from peak to trough. Indicators: RSI, BFI, StochRSI overdone Though StochRSI still showing time for more downturn. So looking at a 2 week timeframe for that bounce which should be about 20%. But the weekly moving averages lets us know we are at the...
By next week Bitcoin has been trading sideways since it got back above $5000 from its sharp drop last week. 9.9 times out of 10 this outcome plays a downside movement. up to the 18 hour chart there is a struggle of any movement and Stochastic RSI is telling me we should go down from here. Everyone is in survival mode and Fiat is buying stuff of the shelves.. No...
The world is going crazy, countries in lockdown, flights being stopped, but at least we have people buying toilet paper from retailers to give this quarter a boost in profit numbers hey? But really this is a short term bottom, Looking at the chart here it is very hard to see further falls right now. The candle has over extended the LinReg and the Stochastic RSI...
It is very rare that I sell my HODL holdings, But I have park 50% XRP into cash and sold all Link. There is money to be made here and I am looking at a minimal 20% increase in my Holdings when I do so. Ill be looking at Ethereum next but at the moment is the strongest of my bunch. But Why?? The economy looks set for a recession and there is nothing anyone can...
The Linear Regression has bitcoin price showing signs of slowing down. We have the NVT in red overbought territory, Stochastic RSI showing signs of weakness, it tried crawling back only for it to be turned down two days ago. Last week/early this week we had bearish divergence and now we see the price of Bitcoin stagnant. *So with that knowledge: Looking at $8988...
Seems like we have stagnated now in the price of bitcoin and other majors. We are at the top of cup, however still momentum is up on the shorter time frames to give us our last exits looking around $10900 - $11200 before we come down. However as I type things may look like they have already started to come down. We also have bearish divergence on the MACD...
But will be back above 10k later. But for now a 20% drop would be very healthy. It has been a good run this year, but we cant keep going up we need market structure. Were are forming the handle of the cup that has completed. I am out of all my CFD trades without waiting for the correct exit points. I have put my orders below 9k. Disregard all the pictures. It was...
Entered Position in $BTC this morning @ 9386.57 Here are the rules using 2 day Candle Buy: Price closes above 20MA but the 20MA must be in an upward direction or (10) EMA over the (20) EMA (which ever comes 1st) Stochastic RSI upward but at least 1 line not above 80 Cannot have 1 line above 80 for 2 days MACD bullish Inputs changed Fast Length 8, Slow Length...
Ethereum is a buy this morning @ 176.33 Here are the rules: Buy: Price closes above 20MA but the 20MA must be in an upward direction or (10) EMA over the (20) EMA (which ever comes 1st) Stochastic RSI upward but at least 1 line not above 80 Cannot have 1 line above 80 for 2 days MACD bullish Inputs changed Fast Length 8, Slow Length 26, Signal Smoothing 9 if...