will the dyx keep its up trend into the elections?price is stalling at the top of those moving averages but it may move down to test resistance at the line drawn lets see how price reacts to this channel. macd shows that even though theres a bearish cross, the price is still above the hull cross over. this may indicate continuation any thoughts?
Macdivergence
CRV - Intro:
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter the space. With its groundbreaking approaches like the AMM algorithm to provide liquidity, and it’s successful avoidance of the impermanent loss problem, Curve is a project set for greater heights.
Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stable coins. The team behind Curve are far from newcomers: Its founder continues to work on NuCypher, an encryption protocol for smart contracts
Curve Finance began as one of the most efficient stable coin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular projects in the space. Following the launch of various tokens like COMP, BAL, and YFI, DeFiers are eager to get their hands on Curve’s CRV token.
Above-average institutional (managed money) sized volume around .45-.55 so far. CURVE HAS FOUND A BID!! WOoAAAAH!!
Oil prices consolidation after a slight recovery - Buy and HoldFundamental: U.S. crude oil inventories were seen falling last week, while distillate supply likely declined for a fourth week, a preliminary Reuters poll showed. Meanwhile, OPEC Cuts 2021 Oil Demand Forecast Again as Virus Cases Rise
World oil demand will rebound more slowly in 2021 than previously thought as coronavirus cases rise, OPEC said on Tuesday, adding to headwinds faced by the group and its allies in balancing the market.
Technical: The pandemic had a direct incident on oil prices, bringing the futures levels to a record negative value in March. After an ease on lockdowns, oil prices recovered and reached the institutional level of 40$ per barrel. Moreover, we experienced a ranging market within summer with prices bouncing between 36.00 and 44.00. Although we have an uncertainty due to the virus cases rise, the consolidation on the bullish market represents a bullish setup.
Beware of the strong resistance at 44.00.
Setup: Bought crude oil @41.00 with a target @50.00 and a stop @36.00 (2:1 risk reward ratio).
eur usd eur usd short term entrys and longterm(e4)
i can say if the usd get back in the pattern and fakees the break its a good buy position (macd divergence)
and for shortbterm and scalping i would say ceossing every classter can be a good entry for tiny profits
like follow and share if it was usefull
AUDUSD Weakening2 weeks ago this pair broke the weekly resistance level (now support) my overall bias for this long term (for now atleast) is long, however, with the price action weakening more and more, and the pair approaching a daily level, i will be looking for confirmations of a short. MACD shows us weakening of the rally through each push higher across both the HISTO & the MA's - full divergence in play.
Near Trend Started On Neo, Going to correct itself then go upNEOUSDT Analysis
A few hours back crossover of Kijun (Red Line) and Tenken (Blue Line) which gave us a weak sell signal because the price was above the KUMO cloud and then price went into the KUMO cloud which means it is consolidating and another sign was shown when the crossover of cloud happened which has started Red cloud that also means the price is going down. There will be a Strong sell signal if price closes below the KUMO cloud and other signs are not reversed.
The main trendlines that I have plotted in this secondary trend are around 12.250 which is resistance and around 10.78 which is support. There is also one internal trendline that I plotted before which was support now price has penetrated support and support became the resistance. It will have to cross this internal resistance in order to go upward. There are also other resistances like the border of cloud and Redline.
I initiated a short position when price struck my resistance and now the target is major trendline support of the secondary trend which is around 10.8.
KL- Is it time to dance on a moving train of gold again?KL has been a stellar gold stock since 2016 and just acquired another mining operation for synergies yet to be seen. Some buy and hold and others ride the wavy train when it slogs up.
Gold is inflation resisting and volatility drives the train.
Gold 0707 Trading PlanInstead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/07/07
No plan, No trading
Entry reason:
Gold slowly grows today that broke the 1780 resistence line, and now stop around 1786.
Even I don't see any berish power today, I should be very careful to buy Gold at this current price.
Watch the 4 hour chart, MACD indicator. There's a hidden divergence may happen here, which indicates a hard drop in next few days. (Of course gold may gain strong buying power and hit a new high).
In terms of wave analysis, as long as Gold price not cross 1788, correction wave A-B-C pattern is still valid. 1778 is the wedging point of bullish and berish. Drop below 1778 will confirm a start of wave-C.
So here's my plan:
buy stop at 1790, TP 1795 1800. with $3 SL
Short at 1786, SL 1790. TP 1777, 1750
Add more short at 1776, SL 1785, TP 1750
MACD Indicator strategy to Increase Winnings(Beginners Friendly)Hi friends, today I bring you an educational video on how to us the MACD secret strategy to catch and filter trend signals.
Thanks for constantly supporting use with your likes and follows
QUICK RECAP OF THE STRATEGIES:
MACD HISTOGRAM:
*How to find and anticipate the MACD Signal cross before they happen,
*How to use the histogram to predict Strong trend reversals
*How to calculate the MACD
*EASILY Confirm consolidation breakouts
THE LAST ASPECT OF THE VIDEO
please note:
The last aspect of the video is how to use the TREND FILTER for BUY & SELL Signals
to do this you will need to use the Higher timeframe for your entry.
Using these two important criterial:
1, If higher timeframes MACD line crosses ABOVE the Signal line this shows that buyers are in control =BUY/ LONG Bias
2, If higher timeframes crosses BELOW the Signal Line , this means the Bears has taken power over the market = SELL/SHORT Bias
so in other words,
*if you trade 1Day Chart Timeframe, you will use the WEEKLy chart Timeframe to find MACD Cross for your entry.
*If you trade 4Hours Chart Timeframe, You will use the DAILY chart Timeframe to find MACD cross for your entry
*if you use 1Hr chart Timeframe, you will use the 4HOURS chart timeframe to find MACD cross for your entry
Thanks for liking and your support. You can join the MFT house to improve and polish your trading skills for free.
📈 Bitcoin on Huobi Futures? Long | Short ?Bitcoin has been in this wedge around 9000 to 9500 ish for a long time but it seems the wedge is starting to get closer to the end.
The RSI looks very good not overbought or oversold but will this lead to a continuation in the zone or is there a breakout coming?
The indicator on TradingView shows it as a "BUY" but am not sure if they are taking in all the considerations within the market like volume etc.
MACD seems to be trending up which may indicate a movement is near...no way to tell for certain!
Whats is your thoughts? BULLs BEARs or KANGAROOs?