As we analyzed before ( read here ), the price movement on Cardano has been completed. It is trending upward now. The main entry point for the ARZ Trading System is when we have a pullback from more than one S&R level on the border of drawn MC boxes (#1). Either MC, LTP or UTP. Here we see sometimes this alignment will happen on 50% of the boxes, which is...
Like EMA, Bollinger Bands are famous indicators that can be used to analyze the market. We discussed the current usage of EMA in parts One , Two , and Three , and we will continue to do so. Now, let's talk about BB. In ARZ Trading System, we have a specific rule for this indicator, to find the best spot to enter the market. - BB settings: 20 period, 2...
Watch 4H: In the 4-hour timeframe (4H), the main market movement is evident. - The price has reached the upper target point (UTP) and retraced, which is normal in a ranging market. It could easily rise again to the UTP or drop to the lower target point (LTP). - Strong Bearish ➡️ Target 1: $86052, Target 2: $82574.65 - Strong Bullish ➡️ Target: $93007.89 Analyze at target.
For trend traders, analyzing the short and long-term trend direction is crucial. By usage of 20EMA & 13EMA, we can understand short-term trend direction and power. In future articles, we will look at Major Structure (long-term trend analyses). Keynotes: 1. When 20 is below 13 it means we are in an uptrend, and a Downtrend is when 20 is above 13. 2. EMAs should...
Our core belief in ARZ Trading System: Trading, is to have an "expectation" from the market. If not, at any movement, the trader will be confused! If you look at the market and don't have any expectations, don't trade! In a future article, we will discuss what to do if an expectation is not met. In the case of Pullback, Price is not a ball, and EMA (or any other...
In ARZ Trading System, we use multiple EMAs to analyze the market, as follows: 1. 200EMA, 100EMA, & 50EMA: Analyze the big picture (Major Structure). What is happening in higher timeframes? Long Term Bulls are stronger or Bears? 2. 20EMA, & 13EMA: Analyze the trading timeframe (minor structure). When to enter a trade and how to manage it? Short Term Bulls are...
Watch 1D: Previous MC violated. Analyze in this timeframe is based on this MC from now on. - Strong Bearish ➡️ Target: $0.00008 (50% of LTP) - Strong Bullish ➡️ Target 1: $0.00060 , Target 2: $0.00077 , Target 3: $0.00094 Analyze at target.
Watch 1H: - Sign of possible Breakout: Converging Bollinger Bands (20,2) - Strong Bearish ➡️ Target: $0.00016 - Strong Bullish ➡️ Target 1: $0.00045 , Target 2: $0.00060 Analyze at target.
Best price to enter long on CARDANO (should it reach it) is $0.4684. Analyze when price reaches there.
It's ready to pump! If cross and closed above $0.8104, targets are: $1.2630 and $1.7793.
As we see, BTC.Dominance is ranging, with Bollinger Bands (20,2) converging. this means a breakout is imminent! And if it breaks the LTP, this means alt-season is on! So, wait until MC confirms.
If current candle closed as a weak one (like Pinbar), we have 2 weak candles in the direction of the uptrend that is a sign of strong upward movement coming after it. If not, price will continue downward. Likewise, after two strong candles in the direction of a trend, we have to see a weak one. It is normal!
If stopped and reversed, a really nice place to add on the position. We expected this nice beautiful retracement!
As we expected, NYSE:X is ranging, and it is normal! Still there is no reason to sell! Even if it moves downward, until it touches LTP, there's nothing no analyze! don't panic, just hold! For more information, read the attached post.
In the heart of ARZ Trading System, is a candle that we call it MC (Master Candle). Any time that we see a candle that matches following description, most likely we will have a ranging market, with specified range of oscillations: 1. Candle itself is in the direction of the trend 2. Body of the next candle is within high to low of this candle 3. In the next...
The ARZ method is based on Wyckoff. The base (range) is MC which you can see in the chart. After breaking of this range, if price moves in one direction and stayed in the momentum (Bullish or Bearish with acceptable retracements), we expect the movement to continue on. Here we see price has achieved 3 of the targets which are: $0.00031, $0.00045, and $0.00059 ....
We have to see a cross and close above $0.0003134. If happened, this upward movement will continue. Otherwise, there will be a big retracement. What ever happens, I'm holding tight!
If current candle couldn't cross and close the high of previous candle, most likely there will be a deep retracement happening afterwards. This is a ranging market.