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Crossover

SHIB reaching breakout levelsBINANCEUS:SHIBUSDT SHIB seems to be throwing me a buy signal on the Hiekin Ashi chart using the 12/26 EMA crossover Using the daily chart only as a starting point to reduce the view down to the 1 and 4 hr chart You can see on the daily that the EMA cross has happened (as long as this daily candle holds bullish) A daily bullish candle close at current levels would be the 3rd day in a row of bullish candles above previous resistance - a cup and handle pattern will not be looked for imo Going down to the 1 and 4 hr chart: We can see a crossover on the 4th of Feb There is also a crossover on the 1 hr on the 9th of Feb All crossover proceeded by bullish candles All bearish candles respecting the 12 EMA and bouncing There are 3 patterns I see being formed and respected, all wedges: a wedge within a wedge within a wedge IMO it is too early to tell if the smaller(more micro/local) wedges will assist in breaking resistance of the macro wedge It is possible that the larger wedge may need more time before an official break
Long
by OccamsPhazer
CRO/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick CRO/USDT analysis update I have tried my best to bring the best possible outcome in this chart. Reason of trade:-CRO/USDT is a triangle pattern create and buy the dip green zone Entry:- CMP And buy the dip in the green zone Target:- 30% TO 40% Stop loss:- $0.40 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
1
BTC testing 50Week Ma & 50Week SMA!Update of my last post.. Historically the 50Week Ma (Yellow Line) & 50Week SMA (Pink Line) on Bitcoin have been good indicators when showing support and resistance areas and confirming either long continued uptrends or downtrends (Bull or Bear Markets). Currently, unlike previous crosses they are running parallel with each other instead of abruptly crossing one another. Interesting to see where we close this week, definitely a fight between the bulls and the bears!
INDEX:BTCUSDLong
by MDT3
GBPCAD LONG 4H & DAILY TFDaily: Huge bullish candle just completed. Last candle broke and closed above the resistance level. Price might turn resistance to support or continue to the upside on a bullish leg. 4H: The 10 EMA just crossed over the 20 EMA. Price broke the 200 EMA to the upside and might turn it to support. The 20 EMA just crossed over the 50 EMA, and I expect it to go on to cross the 200 EMA. I expect price to retrace to the 0.382 fib level (my first possible entry), or just the 0.236 fib level (my second possible entry) Pls like & follow for more if you find this helpful. Thanks!
Long
by PipWisperer
BTCUSD, A new long to 70kQuick update on the previous post that got stopped out ~60k on Oct. 27 We may be on an impulse wave 3 uptrend to 70k, but a breakout is not confirmed given the fact that: Price is still in downward parallel channel Hull MA hasn't crossed over to green Price hasn't crossed over the bearish trend of the Hull MA MACD hasn't crossed over yet Once at least 2 of these indications have been confirmed the likelihood of 70k increases This idea is invalid if we get another scam wick below lows of 58k on Oct. 27th. This may very well happen if we get a rejection at the Hull MA as of this posting. Overall: Support lines: -Monthly R2 at ~59.2k -0.236 fib retracement of minor impulse wave at ~59.1k -Lower parallel trendline support -Downward white trend line -Fixed range Volume profile low at ~58.8k Resistance lines: -Fixed range Volume profile high at ~63.3k -Monthly R3 CPR at 65.8k -Larger parallel channel upper trendline, if placed with the New Moon phase, it targets ~70k -Hull MA as of now -Upper trendline of low timeframe parallel channel Invalidations: -59k for minute impulse wave -0.5 fib retrace of minor impulse wave at ~51.4k
BITFINEX:BTCUSDLong
by linebands
My favorite and recommended Indicator introduction PART ONEGreetings, this post is to introduce some of my favorite indicator that i have used during the invesment strategy, also to thank for your following and supporting. I decided to publish these indicator in free. I choose some suitable indicator and combine them together to show you their accuracy and practicality. I hope these indicators may help to improve your investment strategy and gain the profit more steady. ======================================================================= Kindly Reminder : All of the indicators must have to be tested multiple times before you use them in your investment strategy, to prove their effectiveness and praticality for yourself. Not recommend to use these indicators directly to your investment strategy before test. None of the indicators have absolutely accuracy in trend studying, do not put 100% trust to any indicators, but always observe the change of trend and market enviroment. Please be responsible to your own investment behaviour. Thank you. ======================================================================== --------------------------------------------------------------------------------------------------------- ( 1 ) UCS_TOP & BOTTOM CANDLE This indicator quite similar as MACD but a different indicator. Red colour at the top, means uptrend; Green colour at the bottom, means downtrend. Beyond the red area means overbought, below the green part means oversold. The yellow bar in the middle means the strenght of buying and selling, more longer means the strength is more stonger. You will see some of the candle sticks in the chart turn green colour, it shows you the candle that is turn signal of up trend and downtrend. When the blue line and red line cross over and the blue line above red line, that is uptrend. Red line above blue line and go down, is down trend. My favorite level :★★★★☆ Pratical level :★★★★☆ My comments : You can easily to catch the moment to buy in and sell out. Maybe it will be at least one day delay but still majority accurate to the trend. However, if you want to use it for the Index trend like Hang Seng Index, SPX500, Bursa Malaysia or etc, the accuracy of the trend could probably only 65% and is NOT RECOMMENDED to use this indicator alone to the Index trend. You may see the result by my Hang Seng Index Chart You have to combine more indicator with it to increase its accuracy. If there has any major event or crisis happened to market, the unstable situation will cause the inaccuracy to the indicator. But, it is still a nice indicator for the steady trend and common share trending. --------------------------------------------------------------------------------------------------------- ( 2 ) SSL_HYBRID There is a thick line divided into red and blue colour. This is EMA (Expontential Moving Average) of the trend. Above the EMA, the candle stick and the part of the EMA will turn into blue colour, to show uptrend. Below the EMA, the candle stick and the part of the EMA will turn into red colour, to show downtrend. Middle of the EMA, the candle stick and the part of the EMA will turn into grey colour (mix by red and blue) means the trend is unknown or will be changed to uptrend or downtrend. You will see red arrow and blue arrow. When the candle stick and EMA appear to be uptrend signal, the blue arrow will appear at the bottom of the candle stick. When the candle stick and EMA appear to be downtrend signal, the red arrow will appear at the top of the candle stick. My favorite level :★★★★★ Pratical level :★★★★☆ My comments : This indicator is suitable to combine with the (1) indicator and is easily to be read and catch the trend easily. The accuracy will increase to 5 STARS if it combined with other indicator. Maybe at least one day delay. There are not too many shortcomings, a lot of testing is required. Suitable for the Index trend reading. --------------------------------------------------------------------------------------------------------- ( 3 ) SSL-CROSSOVER Same as (2) for the trend reading, red cloud part means downtrend, green cloud part means up trend. When the available buy in or sell out point appear, below or above the candle stick will appear a cross shape signal. But this indicator has a special function is that, when it confirms the trend is available to buy in or sell out, it will appear a word signal (buy@open) and (sell@open) above and below the available candle stick. This will help you to have a further confirm of the trend changing and the timing to buy in and sell out. My favorite level :★★★★☆ Pratical level :★★★☆☆ My comments : You may combine this indicator with (2) or other indicators, to help you confirm the timing of buy in and sell out.May increase accurancy by combining it with other indicator. However, the cross shape signal will delay one or two day to appear, and after confirm the availabel of the trend, the word signal will only appear after the cross shape signal. But if you have enough confidence for the cross shape signal only, you may decide to buy in or sell out before the word signal come out. If there has any major event or crisis happened to market, the unstable situation will cause the inaccuracy to the indicator. You may see the result in my Hang Seng Index Therefore, i recommend to combine this indicator with others in pratical, and need a lot testing before you apply it in your investment strategy. ================================================================== This is my first part of indicator introduction, i hope have other chance to share more indicators with you again. Wish you have a nice day. ====================================================================
TVC:HSIEducation
by lsking0425
3
Shopify $SHOP nearing pivot pointThe e-commerce giant is been behaving very well since its first breakout from the $1,290 resistance. Now is working its way to make a new ATH with higher lows and respecting its $1,500 support. To confirm the buy zone between $1,650 and $1,730, the MACD is making a buy signal with a bullish crossover. Also the relative strength of NYSE:SHOP against AMEX:ARKF is really good, it needs to breakout from the peanant patern it formed to be even better. I'd like to add that the IBD RS rating is 83, that means that its performance is in the top 83% of all stocks over the past year. So, there are two ways to play this. One would be just to wait for the breakout from the $1,650 resistance or, to buy 1/2 of the position today and add the rest when that breakout happens. The bad thing for the second approach is that the buying volume for today is not that great. So, I'll wait for the closing price to see if its really worth to be agressive.
NYSE:SHOPLong
by dpuleo19
Double EMA (DEMA) From ScratchHello, traders! Today we’ll speak about the most trivial, but very useful indicator that’s called DEMA. As you know, moving average is a backbone of 90% complicated indicators. It’s able to give lots of information about the price action. Well, let’s speak about it. The double exponential moving average (DEMA) is a technical indicator introduced by Patrick Mulloy in his January 1994 article "Smoothing Data With Faster Moving Averages" in Technical Analysis of Stocks & Commodities magazine. The DEMA uses two exponential moving averages (EMAs) to eliminate lag, as some traders view lag as a problem. The DEMA is used in a similar way to traditional moving averages (MA), but DEMAs react quicker than traditional MAs. How to use DEMA? -The average helps confirm uptrends when the price is above the average, and helps confirm downtrends when the price is below the average. When the price crosses the average that may signal a trend change. -Indicate areas of support or resistance. -Cross overs of 2 DEMAs. We sometimes draw fast DEMA(20) and slow DEMA(50). When the fast line crosses the slow below, it’s a bearish signal, when above - bullish. It’s consider to be a good entering signal. However, we shouldn’t forget that the indicator is still lagging. Guys, I should remember you that every indicator shouldn’t be used in solo. You should only use them in conjunction with other indictor when they confirm each other. I hope, this knowledge will boost your trading skills and make your trading staff more interesting and profitable. Have a nice day, dear traders.
Education
by Skyrexio
1
Chaikin Oscillator From ScratchHi, traders! Today we'll speak about one of the most pretty instrument of divergence detection. The Chaikin oscillator is named for its creator Marc Chaikin.1 The oscillator measures the accumulation-distribution line of moving average convergence-divergence (MACD). To calculate the Chaikin oscillator, subtract a 10-day exponential moving average (EMA) of the accumulation-distribution line from a 3-day EMA of the accumulation-distribution line. This measures momentum predicted by oscillations around the accumulation-distribution line. The purpose of the Chaikin oscillator is to identify underlying momentum during fluctuations in accumulation-distribution. Specifically, it applies the MACD indicator to accumulation-distribution rather than closing prices. For example, a trader wants to determine whether a coin price is more likely to go up or to fall and MACD is trending higher. The Chaikin oscillator generates a bullish divergence when it crosses above a baseline. The baseline is called the accumulation-distribution line. A cross above that line indicates that traders are accumulating, which is typically bullish. The Chaikin oscillator utilizes two primary buy and sell signals. First, a positive divergence is confirmed with a center-line crossover above the accumulation-distribution line, signaling a potential buying opportunity. Second, a negative divergence is confirmed with a center-line crossover below the accumulation-distribution line, signaling a potential selling opportunity. A positive divergence signals a coin price is likely to rise, given the increase in accumulation. A negative divergence signals a coin price is likely to fall, given the increase in distribution. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Education
by Skyrexio
3
Beyond FoMo... Speculation.Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen. Watch out for a "Fakeout" above resistance which could have high volatility like on Jan 26th A covered straddle option strategy is useful in a scenario like this when the price could move up or down quickly. The RSI is looking weak, the price could move down after getting rejected at a resistance point and remain in the pennant shape for many more months until it makes its major move out. Make sure to be aware of the overall market conditions while trading and avoid over leveraging in risky setups.
NASDAQ:BYND
by tylerwitucki
4