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.
In 1H, if current candle closes as a weak candle (eg. bearish/bullish Pinbar), we expect the continuation of the downward movement. Target would be $0.0001539. Otherwise, if after this candle, we see a strong bullish candle; then upward movement will continue and the next target would be $0.0002199. After reaching on of these two levels, we have to analyze again.
It Engulfed the ECP of 4H timeframe, and came so close to PCP of 4H timeframe, but didn't meet it. So most likely we will see another dump to FO the buyers and then pump to start it's up movement.
The very first time that Volume in down movement is greater than upward, it means we are ether in pullback after PSY, ST(A), or ST(B). All in all, it means we are close to the end of the uptrend. After that, we will see that the movement to the down has more volume than up movements.
After confirming the horizontal TR, we should wait until continuation or reversal of the main trend reveals. After that, one of the best indications for continuing our bias is to watch how price reacts to the parallel trend lines which described above.