BTCUSD H4 provisional Short13CCI tlbUpdate comment on previous post showed H1 short signal 46,000/ This H4 chart is marked with what will be a short signal if barclose is still crossing down thru up tl. Im going to bed.
Note support only 2-4000 below if you short. Stay nimble for long signal when CCI crosses up thru down tl
Centered Oscillators
Ethereum ObservationHello Traders! I just wanted to post a quick idea on an observation I had. I am an engineer first, and a trader second, so this obviously isn't financial advice. Anyways, onto the idea!
I've been working on an indicator for a bit, and have come up with a moving average formula that seems to help predict price movement a bit. I am still in the testing phases of this indicator, so I'm not entirely sure on the validity of these findings yet. I will say however, many of these discrepancies in moving averages have played out as predicted.
The idea should be pretty self explanatory by viewing the attached picture. The main picture will be based on the 1D chart. I will also show a follow up chart based on the 15m chart to show examples of the ideas in motion.
Thanks for reading! GLHF! NFA!
MATCH THAT MONEYToday I will be analyzing Match Group. For everyone who doesn’t know this company, they are creating and managing many dating platforms one of their well-known is Tinder. Cash flow comes from subscriptions (like Tinder Plus) and other services.
Buy Signal
-support at 129.46$ (3 times)
-daily RSI oversold area
-daily MACD indicates slowing selling pressure
-current price is below analyst estimates ->>> TipRanks: „The average price target is 175$ with a high estimate of 190$ and a low estimate of 148$.
-Bumble (same industry) reported a good quarter a few days ago-> positive momentum
Sell Signal
-under the SMAs
-RSI/MACD weekly+monthly indicate a downtrend!!
-misled earnings by -15%
-potentially Delta-Virus results in new lockdowns
Conclusion
I think this is a great company with a nice discount, in addition, the Wall Street/analysts like the stock too if we look at what %-rates the stock recovered from the March Lows that makes total sense.
So, I would be willing to buy at the support of 129.46$ (109,90€) with a tight stop loss of 122.18$ (108.82€) and a price target of 145$ (123.06€) which would be a +11.79% return. This number is approximately the mid of the parallel channel but at the same time I took it because of the past reaction contacted support line where it every time bounced 11.79% up in just 3-4 days which indicates the importance of this line.
AUDNZD Falling wedge pattern and difference 😎😉analysis:
-on 1D time frame we show a difference on MACD and a Golden Cross
-on 4H time frame we show Falling wedge pattern
and show a difference on MACD and RSI
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom , Head and Shoulders , and others.
Targets:
TP1@1.05330
TP2@1.05900
TP3@1.06400
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#EURUSD differenc to where 😉👌analysis:
-on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross
-on 4H time frame we show a bearsh channel I think it could break up that channel
For confirmation :
Wait for the insurance of technical patterns on small frames
, such as Double Bottom, Head and Shoulders, and others.
Targets:
TP1@1.18400
TP2@1.18800
TP3@1.19000
For more analyzes and our encouragement do not forget:
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-Support us with the like button 👍
-Write a comment
RSI (How To Use It)Relative Strength Index (RSI)
Description
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.
How this indicator works
1) RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the Forex pair. For example, if a Forex pair is repeatedly reaching the overbought level of 70 you may want to adjust this level to 80.
Note: During strong trends, the RSI may remain in overbought or oversold for extended periods.
2) RSI also often forms chart patterns that may not show on the underlying price chart, such as double tops and bottoms and trend lines. Also, look for support or resistance on the RSI.
3) In an uptrend or bull market, the RSI tends to remain in the 40 to 90 range with the 40-50 zone acting as support. During a downtrend or bear market the RSI tends to stay between the 10 to 60 range with the 50-60 zone acting as resistance. These ranges will vary depending on the RSI settings and the strength of the Forex pair or market’s underlying trend.
5) If underlying prices make a new high or low that isn't confirmed by the RSI, this divergence can signal a price reversal. If the RSI makes a lower high and then follows with a downside move below a previous low, a Top Swing Failure has occurred. If the RSI makes a higher low and then follows with an upside move above a previous high, a Bottom Swing Failure has occurred.
DIRTT Environmental Solutions 🌎 (NASDAQ: $DRTT) On High Alert DIRTT Environmental Solutions Ltd. designs, manufactures, and installs prefabricated interior solutions for use primarily in commercial spaces across various industries and businesses in the United States, Canada, internationally. Its ICE software interior construction technology provides integration and management, from design through engineering, manufacturing, and installation. The company's interior construction solutions include prefabricated, customized interior modular walls, ceilings, and floors; decorative and functional millwork; power infrastructure; network infrastructure; and pre-installed medical gas piping systems. It offers interior construction solutions through a network of independent distribution partners. It serves commercial, healthcare, education, hospitality, and other industries, as well as medical gas piping systems for healthcare. DIRTT Environmental Solutions Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada.
UK100 - A major breakout imminent?The UK100 is closing in on 7,200 and approaching levels not seen since the start of the pandemic.
This isn't the first time the index has eyed up this level in recent months but in the past it has failed to break through in any significant way - it briefly touched 7,217 a couple of months ago before reversing course - and each time a corrective move has followed.
This has left the FTSE trading between 6,800 and 7,200 since April but that could all be about to change.
While we may see some profit taking on approach, the MACD and stochastic suggest there's plenty of momentum still in the rally that could carry it to levels not seen in 18 months.
If we do see some profit taking, the rising trend line below could be interesting support if the rally is going to continue. A move below this would suggest a larger correction may be on the cards.
A major WEEKLY sign for the bulls on BTCUSDIts so early in the week, so cannot count it as a thing yet... but had to share, got me excited!
WE can see the first MACD green weekly candle foirming on BTCUSD pair.
that would be so nice to see the week close like this in 6 days!
Of course there are many other indicators showing such strength too... feels like the bull run is on again!
BTCUSD H1 38.2% retrace near Long 13CCI trendline breakPrevious post Short is still in effect for H4 timeframe, but will have a Long signal when 13CCI crosses up through a down trendline.
Because any move up from the 38.2% retracement off Jul 20 upmove could be powerful, I'm showing the earlybird H1 view of CCI showing divergence, and likely being within a couple of hours at the earliest, of crossing up thru down trendline. Aggressive scalpers probably went long at the touch of 38.2% retr.
BTCUSD H4 13CCI Jenner's Diverence Corollary Nimble SH4 BTCUSD has met the 3 requirements for assessing with high probability, that a high is in. These have been posted many times and are shown on this chart
However, I have never evaluated the steps on such a volatile product as BTCUSD. What I have said is that if the first 2 steps are completed, but not the 3rd, then we start over at 1) looking for a 3CCI diver.
Here, the steps completed, so signal normally is there. I also said that it s fine too wait to short until 100CCI also crosses down thru CCI +100.
The major thing to be aware of now is when the next Long signal occurs.As you know, It wil be when 13CCI crosses Up thru a down tl.
The MACD explained ! All you need to know about it Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a trend-following momentum indicator (so a momentum indicator is a technical analysis tool that allows us to determine the strength or weakness of a stock's price movement )
There are a lot of people that use the MACD when they analyze charts because it's very simple and it's very good but I always say never just use 1 indicator to analyze a chart, always try to use at least 3 this way u can make sure that the result is more accurate and the market most likely to move as u analyzed.
let's look at the theory behind the MACD before looking at a real-life example and how to identify buy and sell signals using this indicator :
The typical settings for the MACD are 12 26 and 9.
The MACD consist of 4 parts :
1) Zero line
2) MACD line
3) Signal line
4) Histogram
We start off with our zero line and this is where the MACD line and the signal line move around and basically so if the MACD is trading above the 0 line then it's bullish and if it's under then it's bearish.
Then we have the MACD line and it comes from the 12 26 section, and it gets calculated by subtracting the 26 EMA of the price out of the 12 day EMA of the price.
And after that we have a second line that gets plotted from the 9 section so basically, it’s a moving average for the MACD line so it tries to smooth the MACD line and give us some signals and it's called the signal line.(it's called a signal line because that's where we get our buy and sell signals from)
So on top of that, we have another part in this indicator which is called the histogram. So this histogram job is to show how close these lines will crossover, so when the distance between the MACD line and the signal line is far the histogram gets bigger and bigger.
So how do we use this indicator :
1) Crossovers between the MACD line and the Signal line.
* When the MACD line crosses above the Signal line then its a buy signal (Bullish Crossover)
* When the MACD line crosses below the Signal line then its a sell signal (Bearish Crossover)
2) The Histogram .
A lot of people use histograms as a way to predict when a reversal will occur.
We know that the MACD is a momentum indicator so it can show us when sell pressure is low. And that means it might be a good time to buy. And It can tell you when your long position is about to run out of steam and when you should exit.
3) Divergences between the MACD and the Market Price .
A Divergence means that the indicator is not moving in sync with the Market Price and a Reversal could happen (Note that Reversal trading is risky so please calculate your risks before using this Strategy)
always remember that :
Bullish divergence is when the Market price is going down but the MACD is going up.
Bearish divergence is when the Market Price is going up but the MACD is going down.
I hope I’ve made the MACD easy for you to understand and please ask if you have any questions .
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts and The RSI. links will be bellow
Riot Blockchain Breaks the 50-day SMABitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again.
The main feature on its chart is its jump above the 50-day simple moving average (SMA) on July 26. It’s formed a tight consolidation pattern above the line since. The current action differs from a moment like early July, when it failed to hold above that line.
Next, RIOT’s 8-day exponential moving average (EMA) just crossed above the 21-day EMA.
Third, prices recently tested and held the 200-day SMA.
The other question for RIOT is obviously your outlook for Bitcoin, which just had its biggest two-week gain since March. It’s now making higher lows as it consolidates around $40,000. If prices continue higher from here, RIOT could break its five-month downtrend and head back toward their 2021 highs.
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