Centered Oscillators
IOTA PRICE PREDICTION
The IOTA price rocketed higher as demand for the Internet of Things (IoT) cryptocurrency jumped. The coin rose to $1.7462, which was the highest level since May 19. This rally brought the total market capitalization of IOTA to more than $3.6 billion.
What is IOTA and how does it work?
IOTA is a blockchain project that was developed in 2018. It is a relatively different project from other popular platforms like Ethereum and Polkadot. For one, it is a platform that aims to help solve problems in the Internet of Things (IoT) industry.
IOTA achieves this through the tangle, which is a directed acyclic graph (DAG) that stores transactions. The tangle technology works in a different way than how blockchain works. Transactions within te network are issued by nodes that make up the tangle graph. In this case, when a transaction arrives, it must always approve the previous two transactions.
In the past few years, IOTA has achieved several partnerships. Indeed, some of the top level companies using this network are Dell Technologies, Jaguar Landrover, TradeMark East Africa, Zebra, and Ensuresec. Indeed, recently, we wrote about the deal between IOTA and TradeMark that will help streamline business within the East African Community.
IOTA price prediction
The daily chart shows that the IOTA price declined substantially in July, reaching a multi-month low of $0.5675. Since then, the coin formed an inverted head and shoulders pattern, which is usually a bullish sign.
The upward momentum of IOTA gained steam in the overnight session as it rose above the 25-day and 50-day moving averages. The two lines of the MACD have also been in a strong bullish trend.
Therefore, the coin will likely keep rising as investors target the key resistance level at $2.7284. This is a notable price that is its all-time high and is about 60% above the current level.
BTCUSD Add Long w caution. 13CCI tlb13CCI crossed up thru a down (tl), signal for Long. A good place to add to previous Long, as long as one is nimble and exit if a signal to reverse to short occurs when high is retested. see marked chart. I don't need to post if that happens. It is described now.
but it would be safer to add longs if price goes above swing highs
BTC MACD : 3Day Hidden Bullish Divergence (+Potential Crossover)3day - Hidden Bullish Divergence (+ Potential Crossover) :
1day - Fib Channel :
1day - Fib Channel + Trendlines :
18hr - Fib Circles :
12hr - Modified Schiff Pitchfork :
9hr - Fibonacci Levels + Trendlines :
6hr - Bullish + Bearish Modified Schiff Pitchforks :
2hr - Triangles and Gann Box and Polylines (note the symmetry) :
2hr - Triangles and Gann Box :
2hr - Triangles :
15min - Trendlines :
// Durbtrade
BTCUSD H4 still nimble Short 13 CCI tlb no diverH4 CCI offers a spot for adding to short here ~47600, from a 13CCI tlb and still no divergence, which suggests more down. However, The Daily 13 CCI triangle apex is barely below zeroline, plus divergence for move up into Aug21 is tenous on the price cycle beyond then, saying stay nimble.
As always, the reversal signal would be a CCI break up thru a down tl
XELA looking hot!Waiting for more volume, overall this stock looks hot to me, keep it on your watchlist
and tell me what is your opinion on comments
GBPJPY 30 Aug - 3 Sept Outlook and Trade PlanIt's NFP Week!!
1- Monthly structure still holding bullish and bouncing from 148.50 level. We are having 3 bearish candles since reaching year high at 156. This causing GBPJPY any up move is treated as a pullback until we have a close above 153 for the bullish momentum continuation.
2- Weekly is ranging between 148.50/153.40 with previous weeks are showing bearish structure within the range. Until we have a close above 153, GBPJPY will be bearish and any up move will be treated as pullback. Previous week was bullish but failed to close above 151.50/67 which is previous support, a close above it can give a nice push to retest 153.
3- Daily structure still bearish after reaching yearly high with LL/LH formation. Last support formed looks to be a double bottom which pushed price to retest above 151 and barely closed above it. Friday push failed to close above the recent resistance at 151.40. Until we have a daily close above the recent resistance, another push to the down side will be in play. A close above 151.40 will give a nice push to retest 152 with consideration to 151.67 the Weekly and daily support level currently acting as resistance.
I’ll be looking to the following:
Long: a support formation above 151.40 targeting 151.67/152
Short: A close below 150.50 will confirm the bearish momentum continuation for a retest to 150/149.50
News:
Its NFP week on Friday, so expect the unexpected till Friday
GBP: Wednesday and Friday will have important news
JPY: Monday and Tuesday will have important news
DCT Launching?NASDAQ:DCT looks like it is ready to launch into a breakout. MACD just turned positive with a very bullish bar on Friday. Both the 20 and 50 EMAs are accelerating upwards together and Friday gave us the highest closing bar in months.
Mad hidden divergence on the 8 hour DOGE chart 8 hour Doge chart has hardcore hidden divergence on the MACD and the RSI. It either needs to turn up fast and hard or it will probably continue to come down to $0.26 or lower. My thoughts are lower maybe even to $0.24ish to be make up for this divergence. Another possibility is that this will be the last Dip before the big run and will be a wonderful buy opportunity!
Ascending Triangle and seems to be breaking!After spooky coiling movement the last 8 hours, it seems like we are on the cusp of a break up or down, but its very vague as to what the market wants.
This triangle could be a good indicator, if it breaks down we are in trouble, probably down to even 43500. Stoch RSI could cool down and hopefully the greed on the market also.
On the other hand if we break up I could easily see 55k happen in no time, lets hope we get a move soon, I want to sleep. ;)
BAT with explosive moves today! Here is my point of viewBAT/BTC, which is an amazing pair to trade, has very recently made some extremely bullish and wild moves. Keep an eye on the 30-min or 45-min MACD, and its quite possible that
instead of crossing bearish (Signal line down over MACD line), the lines, which are currently pinched closed, will open up again and it will take off and make another upward run.
What does it mean when the MACD line and the Signal line open up? This means the start of an increase in momentum.
Here is the chart, so I can show you what I'm describing:
ADA, To face a strong resistance, We are prepared in advance !ADA made a new All Time High? does it go Higher? It will face some problems soon.!
ADA is facing a strong resistance zone around 2.6 to 2.85 USD while BTC is facing 51000 resistance. A possible considerable decline may be on the way soon in whole cryptocurrency market .
Mentioned decline may at least push down ADA back to 1.6 to 1.8 USD corresponding to 0.618 and 0.5 Retracemenet Fibonacci levels respectively. More decline may happen but we just simply skip that scenario for now. Should it need any update we can do it later.
Both MACD and RSI indicators show strong bearish divergence with price. This is a considerable bearish warning which is certainly worth to be considered.
We are prepared in advance and never get shocked by the market.
Good luck my friend.
GBPJPY 23-27 August Weekly outlook and Trade PlanGBPJPY
1- Monthly looking heavily bearish and the close of this monthly candle will be very important for the bullish structure as if we closed below 151 this will be a confirmation for break of structure.
2- Weekly solid bearish close 2 support levels 151.50 and 149.70 confirming bearish momentum continuation. Currently GBPJPY is at the weekly range low since March 21 which is a critical zone that price always bounce from. A close below that range will confirm that the bullish trend is over and we could be preparing for a deeper correction to the down side, also that close will lead the monthly candle to confirm break of bullish structure. On the other side, a support formation above the weekly low will be a counter trend trade opportunity for longs on anticipation that the previous rejections from the weekly low are still in play for a move to the up side that is limited to 151/151.50 for the current bearish momentum continuation.
3- Daily structure continuing the bearish momentum that was built up during every bounce from a new low created. A resistance formation below the weekly range low will be required for shorts targeting 147.40. A higher support formation above 149.65 will be required for any pullback to 151/151.50.
Currently I’m looking for the following opportunities:
1- Possible longs on support formation above Weekly lows targeting 151/151.50
2- Possible shorts on resistance formation below weekly lows targeting 148.30/147.40
News:
This week we have important news for GBP only on Monday by 9:30 and JPY on Wednesday and Friday. Map your news time in your daily plans.
Weekly Chart:
Daily Chart:
SUSHI/USD looking good to me... Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... At this time, I do own a small amount of this coin!
I'm looking at the daily chart and putting on my version of the RSI, and yes, it has a lower lowered, but it's still hodling the overall trend. With my version of MACD, it's still red, but I'm looking at the bars at the top, it's popping out of the "Linear Regression," my look back is the last 100 days and 10 days, and I'm using Linear Regression as support and resistance.
And looking at the 1H chart, it looks even better to me!
Looks like there is more blood to come on Bay St Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI.
Since the 11th, it has been heading down very fast, and with my version of MACD, it's still looking like it's not slowing down for at least a couple of days.
And using "Linear Regression," my look back is the last 100 days and 10 days, then 10 days is heading lower of the 100 days, and I'm using Linear Regression as support and resistance.