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20sma

If we break current levels, 33.5~34KBitcoin broke the previous trendline that formed the small triangle in the previous posting. We’re currently sitting at 35K which is a round number, and movements in price is slow overall. We are likely headed to 33.5K~34K. - 4H 120 SMA (20 day SMA) coincides with the trendline formed way back before ATH. We may bounce off, since it is a strong resistance point. The price actions following the bounce off may be an indicator of the following movements.
COINBASE:BTCUSDShort
by Caprison
BA Take profit mode off completed Bearish BAT patternBA is in take profit mode.. basically using the top of the move $213+ algos will retrace at minimum down to 61.8 fib. Best entry short was $213 so manage trade carefully with stops.. You can use the 20sma on the Daily as a guide as price recently rejected perfectly showing short term sell bias.. There is some price imbalance below so there are alot of things to like here. If you decide to short cover at 61.8 fib by rule. There could be further downside but that would be another setup. Good luck!!!
NYSE:BAShort
by Cyphertrades
2
AUDUSD HOLY GRAILThe Holy Grail Trading Strategy Now, the name of this trading strategy may be controversial, but it’s a simple strategy that everyone can use. The professional trading tools you need to use are: Average Directional Index (ADX) indicator 20-period moving average The Holy Grail trading rules are simple to follow See the rules for buy signals: ADX must break above 30 and rising. Wait for price to retest the 20-period moving average (this will be accompanied by a declining ADX, which must hold above the 30 level). After the price touches the 20-period moving average place a buy order above the high of the candle. After your order is filled, place a protective stop-loss order below the newly formed swing low. Trail your SL to look in profits or take profits at the most recent swing high.
by Tradingstrategyguides
3
COPPER 15M INTRADAY TRADING STRATEGYMCX Copper Intraday Trading Strategy Now, the first thing you must understand is how the CCI works in relation to the price and the moving average: CCI is measuring how fast the price moves away from an average price (20-period MA). The further the price moves away from the 20-period MA, the stronger the momentum. When the price is hugging the 20 MA means that it’s lacking momentum. When the price is pulling from the MA it signals momentum. Now, we still haven’t used the CCI readings, which is the missing component you’ll learn next. The relationship between the price and the moving average is just not enough to trade copper profitably. So read on… The CCI indicator will help you measure the strength of Copper momentum. This will help us decide if it’s worth to pull the trigger and trade Copper. Here is what you must know: If you want to buy Copper the price has to cross and close above the 20-period moving average. At the same time, the CCI must cross above the zero line. for this particular copper trade setup, futures traders can hide their stop-loss below the candlestick that triggers the trade for a long position. At the same time, the profit target needs to be multiple times as much as your stop-loss to help you balance the risk. Note* A break below the 20 MA can be a good profit-taking strategy. Moving average breakouts are known for signaling a trend reversal.
OANDA:XCUUSDLong
by Tradingstrategyguides
2
GOLD/SILVER RATIO STRATEGY #2 BETTER SILVER FUTURES LONG TRADEDETERMINE WHICH IS THE STRONGEST METAL BETWEEN GOLD AND SILVER ** If the gold silver ratio is in Uptrend and gold & silver in Downtrend: Buy Silver. If the gold silver ratio is in Uptrend and gold&silver in Uptrend: Buy Gold. If the gold silver ratio is in Downtrend and gold&silver in Uptrend: Buy Silver. If the gold silver ratio is in Downtrend and gold&silver in Downtrend: Sell Gold. The Intermarket relationship between the gold and silver price can reveal a better way to time the metal market. There may be times when the price of silver makes a new low, but the price of gold doesn’t track that movement. When something like that happens a possible trading opportunity can emerge. We can note that the silver price has broken to a new low while the gold price has made a higher low. This is a break in the gold and silver correlation. It means that one or the other is lying. To find out which one, we simply use the gold silver trading strategy rules revealed at step #3. Based on those rules when the gold silver ratio is up and both gold and silver are moving down, the signal is to buy silver. For timing the market, we have applied a 20 period MA over the silver chart. A break above the 20 MA will trigger our entry. Simple as that! Final Words – Gold Silver Trading Strategy When we use the gold silver chart ratio in conjunction with the individual price trends of gold and silver we can determine strong buying and selling opportunities. You can also ride massive trends with the gold silver ratio, especially when we have historical readings. However, since these only happen once or twice in a lifetime you can use our gold silver trading strategy to navigate the day-to-date price action. The ratio can also be used to determine the overall market sentiment, which is a precious thing that can be used to trade other markets. Usually, a high gold to silver ratio is signaling a slowdown in the global activity, while a low gold to silver ratio is signaling improving risk sentiment.
TVC:GOLDSILVERLong
by Tradingstrategyguides
Bitcoin at crucial decision pointFor the last couple of weeks, Bitcoin - BTC has been in a steady uptrend that seems to now be coming to a close. Above us, the 20 weekly MA is closing in and if you take a look at the past few months, it has been a resistance that BTC simply could not pass. On the contrary, during the bull market the 20 weekly has proven to be an extremely strong support and prices bounced off of it every single time. In short, it is a very important MA that demands attention. On the other hand, we can clearly see that the 200 weekly MA has provided crucial support after the 6k level broke and is now slowly rising, currently being somewhere in the 3400s price range. It goes without saying that it is a very significant average and one that, in fact, has never been broken in all of Bitcoin´s history. With that being said, both of these moving averages are coming to a cross which means that Bitcoin will HAVE TO make a decision on where it is going next. Sideway movement betveen both of these MAs for the next couple of months is extremely unrealistic as that would mean prices would move move between both MAs, literally in a 200 dollar range or so. If we excluded sideways movement the question is: up or down? Unfortunately, the weekly stochastics are signaling a big warning. We are about to have a bearish cross down and if we assume that the prices cannot trade sideways in such a tight range the obvious conclusion is that we are going down. Make no mistake, if 200 weekly MA breaks and price closes below it we are due for a wild ride. This scenario is supported by the fact that we appear to be forming a pennant and in a bear market, guess in which way do these pennants generally break? That´s right, to the downside. Can we break to the upside? While certainly everything is possible the question is if it is likely? With weekly RSI facing heavy resistance at 40 and stoch RSI having a cross to the downside the answer would be a firm no. I am going short on this one and will look to buy Bitcoin at sub 2k levels once final capitulation has happened. P.S. Forgot to wrote, volume is heavily declining, which could indicate that volatile price movements are just around the corner
BITSTAMP:BTCUSDShort
by Bluewhere
1
1wk 200MA Strong Support vs Strong Resistance of 1wk 20maOn the weekly chart we can see the weekly 200 simple moving average(in blue) has provided amazingly strong and as of now unbroken support. On the flip side of the spectrum, we can also see extremely strong resistance from the 20 week simple moving average(in orange) we have had 2-3 months here of very little volatility but we can see that both of those strong moving averages will be converging soon most likely resulting in an extremely volatile breakout either upward above the 20 weekly or a big breakdown below the weekly 200ma. Considering the price has already broken above the 20 weekly moving average a couple times, that is favorable for the 200ma being the one that holds support and breaks above...however we can also see on the weekly stoch rsi that we are very close to a bearish cross on the weekly stochrsi which adds to the probability of the 20 maintaining support and the price action instead breaking down below the weekly 200ma....either way the decision is gonna have to be amd one way or another very very soon here and currently both the bulls and the bears have a very good chance at prevailing here...keep a close eye on boh of these weekly moving averages the enxt few weeks here because they are currently the main event heavy weight matchup in crypto.
BITSTAMP:BTCUSD
by DrDovetail
BTC:USD Weekly EW Counts with SMA & SAR Support/ResistanceWeekly Timeframe Forecast: Since December 2018 where we bottomed at 3122 and topped at 4236 we've been on a complex corrective structure, which leads me to conclude we're in a B wave formation with a possible C Wave in the works. Here's why: WXY Pattern to retest December 2018 lows ABC Correction to retest the highs at 42K. A possible Ascending Triangle formation (a double top). A wave height extending 1.618 from a B wave ending at 1.272 Fib extension from our recent top at 4190. Sideways Action to test SMAs: After the impulsive drop on Feb 18th, 2019 we're pushing upwards to test the 20W SMA and break through the weekly SAR points along the way (which we haven't done since July 2018). Expect a rejection to retest the 200 SMA (which converges with the ascending trendline of the Ascending triangle and the 1.272 Fib extension from our most recent top at 4190). Confirmations: A bounce off the 200W SMA, a break above the 20W SMA (which we haven't done since July of 2018) and a push above the ascending triangle will confirm this ABC corrective pattern and will catch price up to the 50W SMA. Expect a massive rejection there. Invalidation: A break below the 200W SMA and the December 2018 lows will invalidate the Ascending Triangle formation and the ABC corrective pattern. Thanks for reading. Good luck trading.
BITSTAMP:BTCUSD
by tvlester
BTCUSD 2H BIG 3 CONTINUATION SHORT TRADEBig 3 Continuation Strategy found bearish trade 6 hours ago First thing for the Big Three Trading Strategy: Apply Indicators to Chart Apply all of the three moving averages to your chart - 20 - 40 - 80 sma You can make them green, blue, red, pink, etc… The color is just your personal preference. Again these are 20, 40, 80-period Simple moving averages. These are the best trend forex indicators and will help you determine trends and every time frame. After studying the charts and applying many different moving averages, we found these three to work extremely well together for this particular strategy. Which is why we called them the big three. Second thing for the best three trading indicators strategy: The Trend… Up or Down? Once your “Big Three” indicators are on your chart, go ahead and find a current up trend or down trend. To do that simply look at where the price action is and determine if its above the moving averages or below If the price is above the three moving averages you have an uptrend: below is a downtrend. Step 1 - Wait for entire candle to close outside of Moving averages. Wait for the price close below lowest moving average in a downtrend: Step 2 watch for bullish pull back in price action You wait for the price to pull back and then move in the direction of the trend to make your entry. Step 3 Enter on the red candle close below all ma's To determine this you can either go to a lower time frame or stay in the current time frame that the entire candle closed completely below or above the moving averages. The price action does not have to necessarily go back and touch the moving averages (which does occur) but you need to confirm there was pullback in the price and then a continuation of the current trend. Also, read bankers way of trading in the forex market. The reason that I prefer to wait for a break pullback and go is because statistically, the price will mostly always retrace during a bearing or bullish trend . For a more risky approach to this strategy, you could technically get in a trade right when the price breaks the highest or lowest moving average but this method may cause more harm than good. The reason is that not every time it breaks these lines it is headed for a strong up or down trend. Which is why you need to wait for a FULL candle to close above/below these lines and you wait for a pull back and go to enter the trade. Step 4 Place your stop loss above the top moving average line. Depending on what time frame you are in will vary on how large your stop is. Scalpers may have a tight 5-10 pip stop While day traders will have a 30-50 pip stop Step 5 you determine TP or Your take profit is when the price touches the 80-period line. You can tweak this rules as you wish, but we found the best way to push your winners with this strategy was to wait until the price touches the 80-period line.
BITFINEX:BTCUSDShort
by Tradingstrategyguides
4
The GBPUSD at 20sma ResistanceLast post: June 21st. See chart . Review: Price had triggered our short trade but finished the day bullish. Update: Price continued to gain strength but is now at the daily 20sma which is acting as resistance. Conclusion: Applying patience as we look for resistance to hold strong and for the bears to come back in. A break and close below support needed. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Short
by Sublime_Trading
14
4H LITECOIN OBV TRADING STRATEGYThe only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of money going in and out of the Litecoin. The main idea behind the On Balance Volume indicator is that the Litecoin price will follow where the volume flow is going, volume precedes price! So, if Litecoin price is moving up, we want to see the OBV indicator rising signaling an inflow of money. Conversely, if the Litecoin price is moving down, we want to see the OBV indicator falling indicating an outflow of funds. We’ll also plot a 20-day moving average which it will be used to differentiate between what is normal volume activity and what it’s abnormal trading activity. The use of the 20-day moving average can also signal how severe the change in Litecoin price trend may be. Step #1: Wait for the OBV indicator to enter into a prolonged period of consolidation at the bottom of the window. In other words, what we look for is for the OBV indicator to spend some time in “oversold” territory. Technically the OBV doesn’t show overbought and oversold conditions in the market but, we only use these terms to describe the OBV location on the chart. The On Balance Volume indicator as the name suggests shows the volume activity, and when we see the OBV consolidating, usually this means the market is in accumulation process. But what is accumulation? Very simple, accumulation is the buying up of cryptocurrencies by the professionals. The buying it’s usually done in a manner that doesn’t attract attention on the price chart which is the reason why we use the OBV indicator to spot when the institutional buying happens. Step #2: Wait for a breakout above the OBV consolidation zone. When the professionals accumulate a cryptocurrency, it will usually trade sideways. The OBV indicator is the best indicator to outline when Litecoin is being accumulated. These ranges are deliberately created by the smart money to use fear and panic to shake out weak holders so they can grab as much of the available cryptocurrency at the lowest price. When all the available supply of a cryptocurrency is exhausted, then the smart money will mark up the Litecoin price or any other cryptocurrency. This process can be best visualized on the OBV indicator when we have a breakout above the consolidation zone created. The OBV indicator performs better if it’s used in conjunction with other indicators as well as your own judgment and common sense which brings us to the next step of our Litecoin strategy. Step #3: Buy Litecoin when we close above the 20-day Moving Average. We’re going to use the 20-day moving average indicator to confirm the OBV readings further. After the OBV indicator breaks above its consolidation and right away the Litecoin price breaks and closes above the 20-day moving average, we initiate a buy order. Step #4: Hide the Protective Stop Loss below the most important support level . Knowing where to place your protective stop loss is as important as knowing when to enter the market. That’s the way you manage risk! The best strategy to apply in this case is to place your protective stop loss below the most recent support level . If the smart money were really behind this move than the support level should hold. Otherwise, a break below will invalidate our market view, and we better be out of the market than fighting a losing trade. Step #5: Take Profit when Litecoin price closes below the 20-day Moving Average or according to your trade plan. We take profits at the first sign that the market is about to reverse. When the litecoin price breaks and closes below the 20-day Moving average, that’s the most appropriate moment we want to take profits or according to your trade plan rules.
BITFINEX:LTCUSDLong
by Tradingstrategyguides
GBPUSD 4H SIMPLE MOVING AVERAGE STRATEGYStep #1: Plot on your chart the 20, 50 & 100 SMA The first step is to properly set up our charts with the right simple moving averages so we could be able to identify the SMA crossover at the later stage. The simple moving average strategy uses the 20, 50 and 100 periods SMA. Most standard trading platform come with default moving average indicators so it should not be a problem to locate the SMA either on your MT4 platform or Tradingview. Step #2: Wait for the 20 SMA crossover and A - for the price to trade above the 20 and 50 SMA or B - for the price to trade below the 20 and 100 SMA. The second rule of the simple moving average strategy is the need for the price to trade Bullish - above both 20 and 50 simple moving averages and secondly, we need to wait for the SMA crossover which will add more weight to the bullish case. We refer to the SMA crossover for a buy trade when the 20-SMA crosses above the 50-SMA in this trade. Opposite is true for a bearish trade - price is below both 20 & 100 sma and the 20 SMA cross below 100 SMA. We refer to the SMA crossover for a sell trade when the 20-SMA crosses below the 100-SMA in this trade. By looking at the SMA crossover we create an automatic buy and sell signals. However, since the market is prone to do a lot of false breakouts we at Trading Strategy Guides need more evidence than just a simple SMA crossover. At this stage, we don’t know if the bullish/bearish sentiment is strong to push the price further after we buy/sell so we can make a profit. To avoid the false breakout we added a new confluence to support our view which brings us to the next step of the simple moving average strategy. Step #3: Wait for the zone between 20 and 50 SMA or the 20 and 100 SMA to be tested again (break-hook-go), then look for buying/selling opportunities. The conviction behind the simple moving average strategy relies on multiple factors to confirm a new trading idea. After the SMA crossover happened, we again need to exercise a little bit more patience and wait for a successful retest of these zones. The successful retest of these zones gives the market enough time to actually develop a short term trend and protect you from a failed attempt. Note* When we refer to the “zone between 20 and 50 SMA or 20 and 100 SMA” we actually don’t mean that the price needs to trade in the space between the two moving averages. We just wanted to cover the whole price spectrum between the two SMAs because the price often times will only briefly touch the shorter moving average (20-EMA) which is still a successful retest. Step #4: Buy/Sell at the market when we retest the zone and complete the break-hook-go. Step #5: Place the protective Stop Loss 20 pips below the crossover candle. Step #6: Take Profit once we break and close below the 50-SMA or above the 100 SMA. Or a predetermined sup/res level.
by Tradingstrategyguides
LITECOIN 15M SCALPING STRATEGYIf Bitcoin is the gold of cryptocurrencies, then Litecoin is the silver of cryptocurrencies. The only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of money going in and out of the Litecoin. The main idea behind the On Balance Volume indicator is that the Litecoin price will follow where the volume flow is going, volume precedes price! So, if Litecoin price is moving up, we want to see the OBV indicator rising signaling an inflow of money. Conversely, if the Litecoin price is moving down, we want to see the OBV indicator falling indicating an outflow of funds. We’ll also plot a 20-day moving average which it will be used to differentiate between what is normal volume activity and what it’s abnormal trading activity. The use of the 20-day moving average can also signal how severe the change in Litecoin price trend may be. Step #1: Wait for the OBV indicator to enter into a prolonged period of consolidation at the bottom of the window. In other words, what we look for is for the OBV indicator to spend some time in “oversold” territory. Technically the OBV doesn’t show overbought and oversold conditions in the market but, we only use these terms to describe the OBV location on the chart. The On Balance Volume indicator as the name suggests shows the volume activity, and when we see the OBV consolidating, usually this means the market is in accumulation process. But what is accumulation? Very simple, accumulation is the buying up of cryptocurrencies by the professionals. The buying it’s usually done in a manner that doesn’t attract attention on the price chart which is the reason why we use the OBV indicator to spot when the institutional buying happens. Step #2: Wait for a breakout above the OBV consolidation zone. When the professionals accumulate a cryptocurrency, it will usually trade sideways. The OBV indicator is the best indicator to outline when Litecoin is being accumulated. These ranges are deliberately created by the smart money to use fear and panic to shake out weak holders so they can grab as much of the available cryptocurrency at the lowest price. When all the available supply of a cryptocurrency is exhausted, then the smart money will mark up the Litecoin price or any other cryptocurrency. This process can be best visualized on the OBV indicator when we have a breakout above the consolidation zone created. The OBV indicator performs better if it’s used in conjunction with other indicators as well as your own judgment and common sense which brings us to the next step of our Litecoin strategy. Step #3: Buy Litecoin when we close above the 20-day Moving Average. We’re going to use the 20-day moving average indicator to confirm the OBV readings further. After the OBV indicator breaks above its consolidation and right away the Litecoin price breaks and closes above the 20-day moving average, we initiate a buy order. Step #4: Hide the Protective Stop Loss below the most important support level. Knowing where to place your protective stop loss is as important as knowing when to enter the market. That’s the way you manage risk! The best strategy to apply in this case is to place your protective stop loss below the most recent support level. If the smart money were really behind this move than the support level should hold. Otherwise, a break below will invalidate our market view, and we better be out of the market than fighting a losing trade. Step #5: Take Profit when Litecoin price closes below the 20-day Moving Average We take profits at the first sign that the market is about to reverse. When the litecoin price breaks and closes below the 20-day Moving average, that’s the most appropriate moment we want to take profits. Use the same rules for a SELL trade – but in reverse.
BITFINEX:LTCUSD
by Tradingstrategyguides
2