Downloading...
Download

55ema

TSLA Triangle!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! When looking at TSLA on the Daily TF we can clearly see that it is currently trading a triangle and has successfully bounced off the ascending S/R line. It is currently battling the 55 EMA and looks like it has been rejected. If this rejection continues we can see it test the lower S/R line again forming a double bottom before continuing to rise and attempting to break through the above S/R line. Based on the MACD showing bullish signs and the RSI showing over sold and attempting to move higher, it can make a run to the top without a second retracement but the 55 EMA is very powerful and currently looks like its winning. For you Hodlers this is just a fun game to watch because this company isn't going anywhere soon and in the long run will remain profitable. For you Day/Swing traders you know what you do, place your stops and pick a side. In my opinion, I'm not too sure which way it'll go right now since it's trading in the middle of the triangle but once the market decides then we'll know to go long at the bottom of triangle or short at the top with tight stops. This is not Financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity Wins
NASDAQ:TSLA
by rnaofs
NANO/BTC | Macro Trend Reversal | S/R flip | Increasing volumeToday’s Analysis – NANOBTC – consolidating within its daily support zone as holds above the 200 EMA Points to consider: - 200 EMA S/R flip - Macro trend reversal - 55 EMA visual guide - Increasing volume - Oscillators neutral Nanos recent strong price action forming a successful S/R flip re-test of the 200 EMA on the daily timeframe indicates early signs of a macro trend reversal, giving the market a bullish bias. Thereafter, Nano establishing a higher high and higher low on the chart further supporting the bullish bias. Further price development will allow the 55 EMA to act as a visual guide assisting in trade management. Historically, an inflow of volume has coincided with bullish price action as it breaches key levels; indicating a true break of the level and adding validity to the price action. Volume follow-through is needed currently for a true trend continuation, avoiding any false breaks. Oscillators are neutral, further price development will allow for directional bias. Overall, in my opinion, NANO is currently trading in the buy zone for a long trade to structural resistance as the immediate target with risk defined below the 200 EMA. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
NLong
by CryptoInsider009
ETHBTC |S/R Flip | 55 EMA | Short Trade Today's analysis – ETHUSDT – A bearish re-test of local resistance will form a local swing high failure, validating a short trade with daily support as the immediate target. Points to consider: - S/R flip - 55 EMA (visual guide) - Below average volume - Oscillators below 50 ETHUSDT needs to hold the re-test at local resistance to establish a lower high forming a bearish bias in its local trend. However, price breaking above daily resistance negates the thesis. The 55 EMA will act as a visual guide; price trading below this indicator will support the bearish bias. Volume is below average, an influx is likely as price retests resistance. Volume influx is necessary as this will help dictate the strength of the move and avoid fake outs. Both oscillators below 50, trading below this level retains the bearish bias indicating weakness in the market. Overall, in my opinion, a strong price rejection upon re-test of local resistance with volume follow-through validates a long trade with technical targets below and defined risk above resistance. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Short
by CryptoInsider009
3
LENDUSDT | BULL-FLAG | .618 Fibonacci | Trade Setup Todays Analysis – LENDUSDT – Breaching its bear-flag neckline looking for a trend continuation. Points to consider: - Support Confluence (higher low) - Bull-flag (trend continuation) - 55 EMA (visual guide) - Increasing Volume - RSI above 50 - Stochastics overbought LEND held local support, in confluence with .618 Fibonacci retracement upon retest of the key level, establishing a higher low, further solidifying the importance of the level S/R flip of the bull flag neckline further establishes a bullish bias in the market. The 55 EMA will act as dynamic support and a visual guide, assisting in trade management. An increase in bull volume nodes is present; further influx of volume will be essential for price action follow-through. RSI has broken above 50 showing increasing strength in the market, ranging above 50 will maintain the bullish bias. Stochastics reaching oversold conditions and may remain there for some time. Overall, in my opinion, A long trade is validated to the technical target above with risk defined below .618 Fibonacci retracement. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
LLong
by CryptoInsider009
1
BTC - Looking at the bigger picture, time to meet with the 55emaHi there, As the titel says, I think its time to zoom out from our 4hr charts and just be really realistic here. BTC has been in a downtrend since its ATH at 20k$ and the only thing I hear each single day is the that BTC couldnt possibly go lower than 7k blablablabla, guess what happened. I thought it was time to look at the bigger picture and just to zoom out. This chart your seeing represents BTC monthly chart, and yes, it looks like its gonna drop even more, and if you want to have my guess ? It will. Each rally need to retrace, and what is the ultimate support during those moments ? The 55 EMA (the blue line you see on the chart). It wouldnt supprise me that BTC will retrace towards 3.1k like shown on the chart above. Now that we have seen how manipulated this market is and will still be, I cant seem to understand how people can still think we will go up towards a new ATH soon. My best bet ? Short position on BTC on a longterm scenario. Think of it as an long term investment, make money with a falling star, then go back and ride it again once it will bounce back up. How am I quite sure this scenario could actually go through ? If BTC falls under 6k shit will hit the fan and we will find our selves in a another huge FUD period. And guess what will happen ? A huge amount of people will sell their BTC so that others can pick them up at a lower price. Isnt it all about that ? Scaring people by manipulating the price so that the bigger players can get something cheaper to make even more money out of it after ? If you still don't believe we live in a shitty world well its about damn time to open your eyes. Thank me later for this super bearish warning. BTW, call me a FUD spreader or a lunatic, but charts dont lie, money don't lie and neither do I. Raw_Blitz out.
BITFINEX:BTCUSDShort
by TjerkPieksma
9