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Exponential Moving Average (EMA)

Jump on the Bitcoin train now, next stop may be higherHi everybody! This time I want to focus on similarities to last two cycles and explain you, why i believe we already hit the bottom of this local cycle. First compare this chart to the very same moment od the last, 2017 bullrun: You will notice, that in both cases, after 4 consecutives ATHs we reached the top and then bottom with very similar pattern, having higher lows on the price chart and lower lows on RSI chart which is known as "bullish divergence". Both cycles were made within ~60 days and the price action first crossed 1D EMA 50 and then hit the bottom right after crossing 1D EMA 100. In both cases growth to drop factor was/is ~2:1. Tell me what you think and I'll publish my another idea with wider view, showing how similar these two bullruns are, what should we expect in the near future and where may it takes us :) Hit the thumb button and follow me if you liked it!
COINBASE:BTCUSDLong
by JimmyHodl
Trading between the 55 and 100 EMA, short position on GBPUSD D1.My system is to buy when a new candle opens above EMA 55 and close at profit when the price touches EMA 100, but it's not like that only, before the trade should open a line must be drawn on the EMA 55 and that line must touch a tail of a candle in the previous down trend and a formed previous Zigzag indicator touching the 55 EMA but not reaching the 100 EMA yet, and the stop loss should be under the last bottom. The sell trade is the same in the other direction. P.S: The entry should not be directly when the new candle of the same time frame opens above the 55 EMA , because we must work with 2 time frames, the actual + the one before (1D + 4H) or (4H + 1H) or (1H + 15M) or (15M + 5M), so if the candle tail touches the 55 EMA and close above it, we must watch the previous time frame and open a sell trade when touching the 55 EMA and only when a new candle open under it, so it will be a sell limit order with price touching the 55 EMA , or just sell market price when touching the 55 EMA .
Short
by massziri
4
Crypto Market Turning Bear — A Huge SignThe crypto market has been on a very consistent bull trend for the last 5 months. This has changed recently with Bitcoin leading the bears out of hibernation. Yesterday, for the first time since October, the entire crypto market closed it’s daily candle below it’s 50 day EMA. Investors should understand the risk of opening and holding long positions with this broad indicator turning bearish. This could be a temporary blip in an even longer bull run but it is now slightly more likely that we are indeed entering a bearish trend. This is simply my analysis, not financial advice.
CRYPTOCAP:TOTALShort
by TheTuskenTrader
Trading between the 30 and 55 EMA, short position on EURJPY D1.My system is to buy when a new candle opens above EMA 30 and close at profit when the price touches EMA 55, but it's not like that only, before the trade should open a line must be drawn on the EMA 30 and that line must touch a tail of a candle in the previous down trend and a formed previous Zigzag indicator touching the 30 EMA but not reaching the 55 EMA yet, and the stop loss should be under the last bottom. The sell trade is the same in the other direction. P.S: The entry should not be directly when the new candle of the same time frame opens above the 30 EMA, because we must work with 2 time frames, the actual + the one before (1D + 4H) or (4H + 1H) or (1H + 15M) or (15M + 5M), so if the candle tail touches the 30 EMA and close above it, we must watch the previous time frame and open a sell trade when touching the 30 EMA and only when a new candle open under it, so it will be a sell limit order with price touching the 30 EMA, or just sell market price when touching the 30 EMA.
Short
by massziri
1
What is up with Bitcoin ? key Points explained :)Hey guys These are some key levels that we should pay more attention to, especially 41K-43K because there is a massive volume profile. >>><<>Key points<><<<<< 1- This is the first time that the price closed a daily candle under the EMA (55) since the 10.5K break out. 2-This is the first time that we are observing a death cross between EMA(26) and EMA (13) Since 10.5K break out. 3-If we see a daily close under 50K then it confirmed a Lower Low for the first time in this bull run. > >Trend is your friend < < 4- there is a CME gap ( check the Ticker BTC1 ) around 57K-59K. Watch out !!!!!
COINBASE:BTCUSD
by Thegentelman
BTC is Below The 50 EMA! Here's a quick update on BTC daily chart. As we can see, the price broke down from the rising wedge. Also the price is currently below the 50 EMA. The 50 EMA Has worked as a very strong support throughout this bull run. We have to close above it! Otherwise we are looking for some some more downside! Last time the price went below the 50 EMA was back in October last year when the price was 10k! The target of the downside break of the rising wedge is at 43k. The price really needs to close above 56k to stay above the 50 EMA, To avoid further downside! Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Short
by MBM_Crypto
6