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Crossover

200 EMA - best use for entries!I don't use indicators, they're not my style, they lag, they repaint; and in my opinion they don't work. The 200 EMA on DAILY can be useful because of how slow it is. We can use it to filter the direction of which way we trade. Price ABOVE 200 ema = ONLY BUY Price BELOW 200 ema = ONLY SELL Then drop timeframes for your entries via your strategy whatever that may be. If your strategy says go long but price is below EMA, don't take the trade etc... Ignore the EMA on other timeframes lower than the daily. You want a slow daily direction indicator. Don't blindly trade this, wait until price is clearly past the EMA and maintaining a good distance from it. Use it as a guideline if you struggle working out fundamentals to help you filter a direction to trade. NOT TO REPLACE FUNDAMENTAL ANALYSIS!!!
Education
by joebrownFX
{SWC}--SCGM, Bullish continues?Thank you for your continued support :) Strategy: MA Crossed Bias: Bullish, After two weeks, SCGM seems digested the effect of coronavirus (COVID-19), and covered the big drop on 31st Jan with volume. If the bullish momentum continues, the share price of SCGM should challenge the previous resistance at RM1.66. If the share price of SCGM can sustain above RM1.66, the next potential resistance will be RM1.77 according to previous resistance. SWC believe there will a positive movement in near term. S: 1.52, 1.45 R: 1.66, 1.77
MYX:SCGMLong
by ShareWorldConsulting
{SWC}——PRLEXUS, MA Cross! Thank you for your continued support :) Strategy: Moving Average Cross Over Bias: Bullish. PRLEXUS showed the cross over of short term Moving Averages which indicating a potential reversal in short term trend. Students in private group were informed during the trading hour in relation to the Cross Over spotted in PRLEXUS. The immediate resistance will be sought at the 20days Moving Average which at the same time acts as the Bollinger Band Mid Band resistance. When the share price started moving above the short term MA zone, SWC is expecting a healthy challenge to the next resistance. #Do take note that PRLEXUS always has the lesser Bid & Ask float. S: 0.755 R: 0.795, 0.810 If you find this idea helpful, do not hesitate to drop us a like and comment! :)
PLong
by ShareWorldConsulting
{SWC}——SEDANIA, MA CROSS OVER!Thank you for your continued support :) Strategy: MA Cross Strategy Bias: Bullish. Correction phase might have finished as the share price tested support at RM0.240. Today's candlestick crossing up 5MA & 10MA, as a short term bullish breakout signal. SWC believes if the momentum continues, the next direction will be RM0.285 which longer time needed. Before that, it should break the previous high of RM0.270 and RM0.260, which acts as the immediate resistance. S: 0.240 R: 0.260, 0.270 If you find this idea helpful, kindly leave us a like or comment!
MYX:SEDANIALong
by ShareWorldConsulting
1
{SWC}——SLVEST, Bullish MA Cross! Thank you for your continued support :) Strategy: MAs Cross Bias: Bullish. SLVEST share price crossed down short term MAs on 24 Dec 2019, and crossed up 5 & 10 MAs since last week. However, the share price failed to maintain above 20 MA, thus it retraced to have a momentum recharge period before another spike up. SWC covered this counter few days back in Jan student group when a lower entry. SLVEST successfully crossing up these 3 MAs with a long bullish candlestick today. The next resistance might be hitting is RM0.825 after the immediate resistance at RM0.805. R: 0.805, 0.825, 0.850 S: 0.765, 0730
MYX:SLVESTLong
by ShareWorldConsulting
BTC Falling Wedge waiting for a breakoutHello fellas, It might go down to 3000-4000 conditioned by a possible financial crisis and the capitulation of the miners before hitting new ATH ? Take a look at this chart analysis, I see here: - a confirmed long time falling wedge pattern waiting for breakout. -similar crossover EMAs 50,100 with MA200 followed by a Downtrend twice( 10-20 Mar 2018 & 06-24OCT 20019). -crossover EMAs 50,100 with MA 200 followed by a Uptrend(01-27APR 2019) -major support 3000-3200 -second support 6000 -a possible influence of the price caused by rumors of a financial crisis and the capitulation of the miners 1. Is it a connection if we extend the downward trend line from ATH in continuation of Falling Wedge Pattern? 2. Is it a connection between Major Support Line (3000-3200) , days left until BTC Halving and Converging Trend Lines? I am not a financial advisor, this is for educational purpose only. This is my first post and I'm always open to constructive criticism. Namaste.
BITSTAMP:BTCUSD
by vegtor7
BTC DEATH Cross for Fib EMA 89/233Noticeably the 89 EMA has crossed under the 233 EMA. Last time this happened in 2018, we saw decline and some significant bounces in those 5 months along the way to capitulation toward $3K. What worries me more about today is that all of those EMA's are converging quickly in a momentum swing downward with what appears a much higher pitch than before. In essence, if the lower channel TL at 6100 does not hold, BRACE for impact toward the 2015 TL at $4500. There is also notably what appears to be an adam and eve top pattern between the 20K high and 13K retracement. This alone has a potential to trigger serious downward pressure. Let's see where all this leads to in 6 months, shall we! NOTE: Not trading or investment advice. Entertainment ONLY!
COINBASE:BTCUSD
by tantamount
EURCHF 10-83-100EMA Cross-OverSTRATEGY: 10-83/100EMA X-Over Focus Time Frame: 4H Long Term Trend Time Frame: 1D/4H Market Condition: Ranging Area of Value (AOV): 50EMA Entry Trigger: Bearish Engulfing Entry Price (EP): 1.09830 Stop Loss (SL): 1.10305 Take Profit (TP): 1.08422 (2.96R) Analysis On October 18, 2019 at 4:00 AM, price found support at 50EMA. Price continued to go up but failed to break above 1.10603. After that, price closed below 10EMA, found support at 83/100EMA but failed to break above 50EMA. Price somehow creating Higher Lows and currently respecting 50EMA which acts as Resistance. Price also closed below 100 and 120EMA and seems to continue going down. Note: This post is for my reference/journal purposes only. Trade at your own risk.
Short
by jumpstartscript
LTCUSD - Long on weeklyCOINBASE:LTCUSD Has had an interesting 2019 already having a 7x move from ~20 to ~140. Now at ~60 there appears to be another momentum change approaching on the weekly chart. First notice that the forecasted MAs suggest a 50 over 100 weekly crossover sometime at the end of the year. This would follow a forecasted crossover for COINBASE:BTCUSD with the same MAs by about a month to two later, which seems to be common for Alts to follow BTC movements. Next, the Smoothed RSI (public library indicator) shows that RSI may be changing momentum with a trend shift as the Smoothed RSI line has flattened. Even a small move the rest of the week will likely change the direction of the trend. Also, the MACD is losing ground against the lowering signal line. Put simply, momentum on this indicator seems to be slowing down for bearish movement. Finally, the Stochastic RSI is tempting to leave oversold levels that have been in the oversold area for an extended period of time. Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC, see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is at a low ratio, and with great signals for a potential trend change vs.USD. DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
COINBASE:LTCUSDLong
by BigBitsIO
[KMDBTC] Komodo chart analysis We have Komodo, a strong cryptocurrency project, for a long-term trade. Let's take a look at the chart, we will look at our signals for bottomed out altcoins: *Here we have the bullish divergence on the MFI . *MACD bullish crossover. *we have strong support-line in 0.0000696. ------------------------- ENTRY: 0.0000695 - 0.0000720 TARGET: (1) 0.0000865 (2) 0.0001100 (3) 0.0001364 (4) 0.0001735 (5) 0.0002263 (6) 0.0003500 (7) 0.0004585 STOP: Close weekly below 0.0000670. ------------------------- Visit my Telegram channel: t.me
Long
by atams
1
Crypto of the Day: ALGO/USDT - Long-Term ProspectGood morning to everybody in Asia and good evening to the rest of the world. My crypto of the day is ALGO/USDT, one that has been downtrending for a very looooooong time. Based on my TA. I believe this is going to change. Long-term analysis (as long as it can get for ALGO :) ) indicates this is heading in the same direction as BTC did when it first turned up earlier this year - EMAs, MACD, RSI (just a tiny portion of my analysis but ones that most are familiar with). All movements looking and staying the same, i.e. if it continues to move positively upwards over the next few weeks, this is going to be an excellent long-term prospect with significant gains. Short-term traders, I expect an uptrend change coming soon lasting at least 6-12 hrs once it initiates. Happy trading! _________________ Follow me on Telegram for updates (premium channel for on-point trade signals). t.me
Long
by PurpleCrypto