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200ma

LINK/USDT - time to take profit on your shortsPrevious short idea: LINK/USDT has retraced 30% without a proper bounce yet and is currently sitting close to the bottom of the uptrend channel and on the 4 hour 200 MA. We can see hidden bullish divergence on the RSI which usually indicates a good spot to re-enter in an uptrend. The LINK/BTC pair shows it right on the upper trend line of the previous uptrend channel and is very close to a previous point of resistance (36k-37k sats) which now acts as support. Bears seem to be too greedy right now so I expect a bounce soon, risk-reward is solid at this point. In the case of BTC shitting the bed it's likely that this trade will become invalid, consider exiting if 1-2 candles close below the uptrend. Buy zone: green area
Long
by Wolfy_
10
SPX - Eyeing the 200 MA - Market UpdateThe SPX appears to be heading for the 200 daily moving average, this comes after the index fell below the 89 ema and subsequently failed to regain the level after last night's close. I am expecting to see a near-term relief rally at some point as markets don't like to move straight down or straight up for too long, that being said the technical picture looks rather bleak for the SP-500. This latest selloff is reminiscent of the Q4 drop in 2018, both in terms of speed and magnitude of the drop, using this as a rough guide (the macro outlook for the two scenarios are very different mind you), this would suggest that a trip to the 200 daily moving average is very much on the cards. I would most likely expect the bounce to occur at the 200 MA, if it is to occur, but the daily RSI is signalling an oversold condition for the SP-500 so a bounce could materialize at any point. I have already covered the Macro picture for the SP-500 previously (initial claims, PMI, Yield curve etc.) and the outlook signals a global slowdown, no two ways about it, the Covid19 outbreak could certainly be the catalyst for a prolonged selloff and worst case, the global slowdown. Will the Fed step in to alleviate the markets? Most likely yes, but the question is when, the current futures for the March 18th FOMC meeting are pricing in a 36% chance of a rate cut, up from 6.6% just one week ago. So stimulus is coming, but the question is whether or not more monetary stimulus can offset the global supply chain issues that Covid19 are having on the economy. www.cmegroup.com <----- FOMC Futures
SP:SPXShort
by Profit_Link
2
EUR/GBP 4H Technical AnalysisEUR/GBP is reaching its descending channel so here are a few things to take into account: For Longs: -Price has rejected the big support zone below it; -It's making its 3rd touch on top of a descending channel; -If we can see a clear break of the channel and the 200MA on the 4H, we might wait for a re-test for a long position; For Shorts: -If price rejects the 200MA and fails to break the channel, wait for a reversal on a lower time frame before entering anu short positions; Do always use stop-losses and remember this is not financial advice.
by LeonardoSousa
Digibyte broke out of the Downtrend!Welcome fellow Tradingviewers, Digibyte one of the oldest projects around in the cryptocurrency market might just have broken a very important level. In our last analyses we shared our thoughts on the delisting on polienex and why it really did not even matter. Without further or due, lets start analysing: We will be analysing DGB using a top-down strategy, including candlestick patterns, indicators and price patterns. Monthly: - The candlesticks are not showing any real signs yet, Neutral. - We are below the 50 MA, indicating more downside. - MACD is starting to shift towards bullish territory, but for now indicating more downside. - RSI is neutral. - WE BROKE OUT OF A MULTI-YEAR DOWNTREND Weekly: - The last weekly candle closed as a bullish engulfing candle, indicating more upside momentum. - We are below all MA's indicating more downside. - The MACD has crossed bullish a couple of weeks ago, indicating upside momentum. - RSI is in neutral, coming from oversold territory. - WE BROKE OUT OF A MULTI-YEAR DOWNTREND Daily: - The last daily candle was pretty much neutral, slightly favouring the Bulls. - We are currently testing the 100 MA, indicating more downside. - We are also above the 50MA indicating more upside. - Break above 200 MA would switch the trend to bullish. - The MACD has crossed bullish, indicating more upside. - RSI is in neutral. - WE BROKE OUT OF A MULTI-YEAR DOWNTREND In summary: The break of this multi-year downtrend has not been really spectaculair. We are still awaiting full confirmation on the breakout but things are surely looking better and better for Digibyte. A break above the 200 daily MA would confirm that we are once again in a bullish trend! This multi year downtrend seems to have formed a falling wedge, IF we can get some confirmation, 150, 250 and 350 sats would be the very first targets! This analyses is only intended to share my idea, to educate and entertain you guys. This should not be considered as financial advice. I hope you guys enjoyed this analyses, if you did don't forget to leave a Like ! If you want to share your thoughts, please do so in the comments below! Kind Regards, FORALLCRYPTO
Long
by ForAllCrypto
2
ETH/BTC - short term pullbackETH/BTC has broken out of it's long term downtrend and made an impressive move over the last days but now it looks like a great place to take some profit and buy back in lower. The reason for that is: 1. ETH/BTC shot right through the daily 200 MA and hasn't had a proper correction since. Now it's very close to the daily 314 MA and will likely bounce off it and retest prior levels. 2. It's at the top of the current channel 3. Daily StochRSI is very high and likely to cycle down soon 4. Significant bearish divergence on the hourly timeframe which is also visible on the ETH/USD pair (see comment below for chart) Long term it looks bullish to me so consider this a short term setup.
Short
by Wolfy_
$KMD update! +10% since yesterday's post/discussion. $KMD update! +10% since yesterday's post/discussion. Did make a beutiful +10% move after bouncing nicely from the 200MA on 4H. Unfortunately it got rejected close to the 200MA on 1D & from the resistance at the previous range high. Price currently consolidating and rying to get back into the ascending channel. Secured profits and observing if the price rejection was not just a reaction to the slight $BTC dump from earlier today.
by megaprofits
GWO Double Bottom 200SMA GWO has recently passed the 200MA on the weekly chart signalling a strong reversal in the price trend from bearish to bullish. after price showed a double bottom reversal, the price rebounded to break the resistance and cross over the 200SMA indicating a strong bullish trend. Price showed a similar pattern of a double bottom reversal crossing the 200MA in late 2011/early 2012 leading to a strong rally seeing the price increase almost 50% after breaking the resistance. the price target is 45-47.50 (35%)
TSX:GWOLong
by Zacmando
1
Structural Resistance| Low Volume | Key Trade Location Hello Traders! Today’s chart update will be on big daddy BTC, which has been trading at a key trade location where a move from is highly probable before or on February 10th (measuring previous consolidation at this current level). Points to consider, - Trend testing major resistance - POC local strong support level - Stochastics topping out - RSI trading in upper regions - 200 MA retest probable - Volume below average BTCUSD’s trend is at a key structural technical level where a break will put in a macro higher high, further confirming a trend change. The POC is currently local support where BTC will most likely retrace to if the 200 MA fails to hold a retest. The stochastics is currently topping out, can stay trading here for an extended period of time, however lots of stored momentum to the downside. RSI itself is trading above support; a break will increase the probability of a retest of the 200 MA and the POC. The 200 MA retest is highly probable due to the market structure; a correction at some point is imminent. Volume on the other hand must increase and remain above average to ensure follow through in any direction. Overall, in my opinion, BTC will most probably incur a move before or on February 10th as it has been trading quite stagnant at a key trade location. A move in either direction will dictate the overall market trend for Bitcoin. What are your thoughts? Please leave a like and comment, And remember, “Events, circumstances, and experiences arise and pass away. Winning trades, losing trades, fear, greed, sadness, happiness, and eventually your own life. Everything is in a constant flux. Learn to go through it with stability of mind. A meditation practice helps a lot.” ― Yvan Byeajee
BITFINEX:BTCUSDShort
by AzizKhanZamani
LONG - THETA - Trading OpportunityGreat consolidation above 200MA expecting some uptrend for a while. Entry: 0.00001153 TP 1: 0.00001261 TP 2: 0.00001365 TP 3: 0.00001475 SL: 0.00001088 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Long
by ElMomento
1
XRP Looks very bullish to meA nice bull flag formed in side the trading channel previously post. Not retested the support line @ .2340 either and WELL above the 200 MA. The most positive thing about the price action is it's ability to hold on to the price rise, then consolidate. Haven't seen this kind of price action for a considerable time. Bull market underway......I can see us nudging the .2810 resistance level before the end of February. Happy trading everyone, good luck to you all.
BITFINEX:XRPUSDLong
by AZEB1A
XRP holding strong with good supportMorning from sunny Arizona! Once again looking at the 4hr chart, we can see the 0.5 fib level created a lovely support for XRP at the .2340 mark. It has established a nice ascending channel which i believe XRP will follow until we have enough volume to make some sort of parabolic move. More so, we are well above the 200 MA which is very bullish in my opinion and most certainly establishing a long term trend reversal back to the long awaited bull market. Long way to go yet, but positive signs for HODLERS waiting to recoup their cash! Have a great day and an even better weekend.
BITFINEX:XRPUSDLong
by AZEB1A
2
Christmas massacre is on the wayWelcome! First off I want to be transparent with my last idea where I stated BTC is going to have a rally. Clearly that didn´t happen BUT I had very valid technical reasons for thinking so and called a lot of the movements in that period right. In fact, I even shorted the top at 7.5k as I saw things change in the market. You would have known too if you´d follow me here: twitter.com Alas Bitcoin is going to do its own thing and ever since that 7.6k fakeout it decided more pain for the longs is on the menu. Right, let´s get to this analysis. Once again I am going to be very short, you want more info feel free to follow me on Twitter. Anyway, BTC is likely going to Christmas hell because: 1. longs are at an ath and are underwater (once these people start selling, oh boy, oh boooi) 2. we just made a lower high on the weekly - trend continuation expected 3. MMAR´s lowest ribbon has been broken and closed below - extremely bearish 4. my custom moving averages are still in a sell signal 5. more reasons but I am lazy Targets? Don´t think even for a second that 6k region is going to hold because it almost certainly won´t, the real selling has, in fact, not even started yet. Consider this a preparty. I am looking at the 200MA on the weekly as a likely target for the coming sell off (orange line) and I do expect it will hold at least on the first attempt. I do have an idea on what could happen after that but all in due time. Take care.
COINBASE:BTCUSDShort
by Mansasuma
1
USDCHF - Sell Limit at "Multiple Sell Point"Hi Traders! The market is in a strong downtrend. The "Multiple Sell Point", as we call it, consists of three parts: > The nearest Resistance is there and that means that selling pressure could get in; > the 200MA as a guide line, because the market often touches it and bounces back; > the top of the bearish wedge , which is also a trend continuation pattern. We recommend to sell the market at the "Sell Point" with a risk-to-reward ratio of 1 to 2. Thanks and good luck :)!
Short
by swissmoneymakers
2
EOS Descending Broadening Wedge Formation |Bull Flag|Low Volume Hello Traders! Today’s chart update will be on EOSUSD which has a bull flag forming above the 200 MA average after breaking bullish from a descending broadening wedge formation. Points to consider, - Trend broke bullish - 200 MA serving as support - Local resistance from Fibonacci Extensions - RSI respecting support - Stochastics projected downwards - Volume clearly declining EOSUSD trend has broken bullish with a confirmation of an influx in volume from its descending broadening wedge. The technical target is associated with the first price touch in the formations upper resistance line. The 200 MA is currently serving as support; EOS is consolidating and forming a bull flag which is a continuation pattern in this instance. Local resistance is provided by the Fibonacci Extensions, EOS technical target aligns with the 1.277 Fibonacci Extension – a level prone to profit taking. The RSI has bounced of support, currently holding in the upper regions as price consolidates. Stochastics is currently projected downwards, can stay trading in current region for an extended period of time as price develops. Volume in clearly declining, an influx of volume will come to fruition in either direction, EOS needs bull volume for follow through from current probable bull flag formation. Overall, in my opinion, a break will come to fruition, key levels have been broken which has changed the trend of EOS. Consolidation above the 200 MA is very bullish; especially with a bull flag forming, which will be confirmed with volume. What are your thoughts? Please leave a like and comment, And remember, “There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.” ― Yvan Byeajee,
BITFINEX:EOSUSDLong
by AzizKhanZamani
LONG - STRAT - Trading OpportunityPrice consolidation looking to soon breakout, low TF looking like an ascending triangle. Entry: 0.00004080 TP 1: 0.00004586 TP 2: 0.00004943 TP 3: 0.00005455 SL: 0.00003900 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
SLong
by ElMomento
BTCUSD Golden Pocket| 200 MA| Regression Trend Hello Traders! Today’s update will be on BTC’s daily chart where it has been rejected from the golden pocket, a correct may be imminent due to heavy resistance confluences. Points to consider, - Trend testing strong technical resistances – Golden Pocket & Regression Trend - Local resistance - 200 MA - Local support at .786 Fibonacci - Stochastics topping out - RSI coming into apex - Volume below average Trend is testing strong resistance, golden pocket, a key Fibonacci level where BTC has been rejected from that is also in confluence with local resistance. The 200 MA and upper resistance from the regression trend line proves heavy technical confluence. Local support is found at the .786 Fibonacci level, BTC is probable to return to this area before an impulse move back up. Stochastics is currently in the upper regions, can stay trading here for an extended period of time, however lots of stored momentum to the downside. The RSI coming into its apex, signalling that a break is imminent in either direction. Volume is well below average, an influx in imminent with a decisive move; this will help dictate the direction of BTC. Overall, in my opinion, BTC is likely to correct to support due very strong resistance. A correction will cool of indicators such as the RSI and the Stochastics before another leg up. What are your thoughts? Please leave a like and comment, And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee,
COINBASE:BTCUSDShort
by AzizKhanZamani