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Moving Average Convergence / Divergence (MACD)

BEST ICHIMOKU STRATEGY for QUICK PROFITS Step #1 Wait for the Price to Break and close above the Ichimoku Cloud Ichimoku cloud trading requires for the price to trade above the Cloud because that’s a bullish signal and potentially the beginning of a new up-trend. The cloud is built to highlight support and resistance levels and it’s supposed to highlight several layers deep because support and resistance are not a single line drawn in the sand, but several layers deep. So, when we break above or below the Ichimoku Cloud that signals a deep shift in the market sentiment. Step #2 Wait for the Crossover: The Conversion Line needs to break above the Base Line. The price breakout above the Cloud needs to be followed by the crossover of the Conversion Line above the Base Line. Once these two conditions are fulfilled only then we can look to enter a trade. As you can notice the Ichimoku Cloud indicator is a very complex technical indicator that can be used even as a moving average crossover strategy. Now, we’re going to lay down a very simple entry technique for the Ichimoku Kinko Hyo trading system. Step #3 Buy after the crossover at the opening of the next candle Ideally, any long trades taken using the Ichimoku strategy are taken when the price is trading above the Cloud. Our team at TGS website has adopted a more conservative approach and added an extra factor of confluence before pulling the trigger on a trade. So, after the crossover we buy at the opening of the next candle. Step #4 Place protective stop loss below the breakout candle The ideal location to hide our protective stop loss is below the low of the breakout candle. This trading technique accomplishes two major things. Firstly, it’s minimizing significantly the risk of losing big money and secondly, it helps us trade with the market order flow. Since this is a swing trading strategy we’re looking to capture as much as possible from this presumably new trend and we’ll be looking to trail our stop loss level below the Cloud or exit the position once a new crossover happens in the opposite direction. Step #5 Take Profit when the Conversion Line crosses below the Base Line We only need one simple condition to be satisfied for our take profit strategy. When the conversion line crosses below the base line we want to take profits and exit our trade. Alternatively, you can wait until the price breaks below the Cloud but this means risking to lose some parts of your profits. In order to gain more sometimes you have to be willing to lose some. Note** the above was an example of a BUY trade using the advanced Ichimoku trading strategies. Use the same rules for a SELL trade – but in reverse. In the figure below, you can see an actual SELL trade example.
BITFINEX:BTCUSDLong
by Tradingstrategyguides
8
DONT GET CAUGHT IN THE BULL TRAP. SHORT SPXAs you can see we have continued our way printing that nice thicc inverse head and shoulders. We had little bit of a run up yesterday and suddenly the media sentiment shifted. DONT GET CAUGHT UP IN THE HEADLINES. Apple will not save you, Boeing will not save you, the fed will not save you. The top has blown off. Dont pay attention to the bull trap! Keep your shorts and lets make some money. Scoopity Poop Poop De Woop Poop Scoop Darklord_
SP:SPXShort
by I_I_I_I_I_I_I_I_I_I_I_I_I_I_I
4
LTC: Where there's a will there's a way.Ticker: COINBASE:LTCUSD Timeframe: 15min/2 days 1- RSI ticking down to complete wave 3 to 4. 2- MACD ticking down. 3- If the Elliot wave analysis is correct COINBASE:LTCUSD is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off. 4- If the elliot wave analysis is correct we should see approx. $150 as our next stop once we bounce. (Short term resistance/support expected around $149.3 and $148.6) Short Term: Slightly Bearish Mid Term: Neutral/Impatient Bull Long Term: Bullish Market Sentiment: Impatiently Bullish
COINBASE:LTCUSDLong
by RealJayJobes
Lesson 2: MACD Indicator - The heart of technical analysisHello Friends, Welcome to the Lesson 2. I hope y'all had been waiting for this one. Hopefully you all understood the first lesson on RSI really well, because this indicator when used with RSI, can do wonders in your trading style. Lets get straight to the lesson without wasting any time. Today we will study MACD (Moving Average Convergence Divergence) indicator. This is one of the most used indicators in technical analysis. This indicator fluctuates above and below the zero line. It highlights both the momentum and the trend direction of a coin. It may sound complicated, but it is fairly simple to use. In this lesson we will talk about how to use the indicator effectively, and what are some of the limitations it has. MACD Setup: As you can see in the chart, we have the MACD line in blue, and the signal line in orange. I prefer using the default setting for the MACD indicator as follows: MACD Line: 12-26 day EMA (Exponential Moving Average) Signal Line: 9 day EMA of MACD line How do we trade with MACD? So basically there are three types of signals within MACD: 1. Zero-Line crossovers 2. Signal Line crossovers 3. Divergence Lets go over each one of them in detail, and I will stay as clear as possible in explaining it to you. 1. Zero- Line Crossovers: Note: The Zero line is the dashed line I have drawn right in the middle of the MACD indicator on the chart. In simple terms, When the MACD line moves across the zero line, it basically means that the 12 day EMA (Exponential Moving Average) is crossing the 26 day EMA. When MACD crosses the zero line from below, it might be the beginning of a new bullish trend. Similarly, when the MACD crosses the zero line from above to below, a new downtrend might be starting up. In the chart example, we can see that there is a bullish trend going on right now, but there aren't too many zero line crossovers on MACD. I have marked some crossovers in yellow circles. You can clearly see that when the MACD crosses the Zero line from below to above, we see a price rise along with the MACD line rise until the MACD turns down towards the zero line. Similarly, when the MACD crosses the Zero line from above to below, we see a dip in the price. The strategy is simple. When we are looking to buy using MACD, we buy when the MACD line crosses the zero line from below. And then see it in profit whenever you are comfortable. When you have been holding a coin for a long time, and you see the MACD line crossing the zero line from above, that usually is a sell signal. It is a good time to sell if you are in profit. Basically you hold long trades until MACD crosses below the zero line. This method is profitable when strong trends emerge. Isn't this part simple? Good. Read it again so that you get one part of the MACD indicator really well before moving on to the next two signals. See the chart carefully. Keep in mind, this is not the only signal you use when you are trading. Now lets move onto the Signal line Crossover method. Read this carefully. Very important. 2. Signal Line Crossover: For this method we are going to look at the small arrows I have drawn on the charts showing the up and down movements both in the MACD indicators and the price chart. This method is preferred by most traders in crypto. It provides you more accurate timing compared to the previous method. It is very simple. We get a buy signal when MACD line (Blue) crosses the signal line (Orange) from below to above. Basically in the bullish direction. Similarly, we get a sell signal when MACD line (Blue) crosses below the signal line (Orange). From this method, we will get an early signal compared to the previous method we discussed. This will give us better and accurate results. Continue reading below.....
Education
by MoneyChartz
25
BTC May Be Done Going DownTicker: COINBASE:BTCUSD Timeframe: 15min/2 weeks 1- RSI is overbought more so than most the time in the past two weeks and looks to be ticking down. 2- MACD is higher than it's been the majority of the past two weeks. 3- If the elliot wave analysis is correct BTC is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off. 4- If the elliot wave analysis is correct the only thing I can compare to is the last wave (5), and it's wave 3 to 4 retracement to the .382 level. 6- Finally, using the last wave as reference wave 5 only just got out of the wave 3 territory leaving wave 5 to end up at around $9200. Short Term: Slightly Bearish Mid Term: Neutral/Impatient Bull Long Term: Bullish Market Sentiment: Impatiently Bullish
COINBASE:BTCUSD
by RealJayJobes
First Real Elliot Wave AnalysisIf my H&S formation plays out, COINBASE:BTCUSD may be at the top of a wave failure denoted by X and heading down to Z @ around $7600. $7600 should hold, unless FUD takes over, in which case we may see the high to mid $6000 range again (one last time). 04/20 should be close to the last day of the bear market. 15 min RSI and MACD looking to downtrend ASAP. (No I don't know Elliot Wave theory in the slightest, right now I'm just painting a picture that seems reasonable to me and matching as close as I can.) Short: Bear Mid: Neutral Long: Bull
BITFINEX:BTCUSDShort
by RealJayJobes
EURUSD BULLISH CONTINUATION TRADEWHY WOULD I CONSIDER A BULLISH CONTINUATION MOVE? 4H Blue Macd crossed above the 0 level line at the beginning of the week. This can indicate a short term bullish bias for the beginning of the week Day candle is poised at the BB Deviation 1 top level band Watch the color of the day candle May be red awhile for bearish pullback Then turn green for bullish continuation and close above BB Dev 1 band 1h/4H Macd overbought for bearish pullback Watch 1H/4H for Macd to turn up for bullish confirmation Watch for failed bearish trendline breakout & price return above trendline Bullish take profit 4H resistance @ 1.2422 If bearish breakout continues enter 15m break-hook-go Bearish take profit on 1H @ 1.2265
by Tradingstrategyguides
possible fib + confluence setupYou know me by now i like it to keep it straight to the point on why i took the trade 1. MarketStructure is telling me that we are in a bullish movement and have broke our previous high and looking to make our next lh to follow a buy 2. We are waiting for a fibonacci play off the 38.2 or 61.8 3. There is a supply zone at 38.2 or 61.8 4. Wait for a Candlestick bullish variation 5. 4h support at 38.2 and 1h support at the 61.8 6. Macd to confirm this setup 7. RSI to confirm this setup WE WILL WAIT TO CONFIRM THIS SETUP
TVC:GOLDLong
by Helloandtrade
LTC... still teeteringIn my last post (LTC: FIbonacci levels are in play Apr 30) I noted that LTC has shown no clear direction up or down but that a recent pattern of price movement does not bode well. I think this is still the case. For context please note that you are looking at candlesticks, each representing one day in a chart whose scope is just over 2 months. From the chart we can see 4 (highlighted by yellow ellipticals) instances where Fibonacci levels served as support; but were subsequently broken to the downside, and six in light blue which have served as resistance. I am concerned we will break below 106 and am not sure if this will happen. LTCs price behavior, like may coins, may depend on that of Bitcoin. I think Bitcoin (and this Litecoin) may be forming a bearish head and shoulder pattern which started in late March. I am basing this observation based on 6-hour candelesticks (not visible in my chart above though it loosely shows a potential H&S). As noted in the chart we must see an extension past the .786 (138) currently serving as resistance per the fifth yellow elliptical. Volume on any such move will also be important because per 5 downward sloping magenta lines at the bottom of the chart we have seen decreases in volume leading to decreases in price and I'm concerned this pattern may repeat itself. The start of Fibonacci (106) has held as we did not dip below 109 in the most recent dip and I'm hoping it will hold in the near future as well.  Even if we extend past the .786 we could still be below the 200 day moving average. Within the current levels as long as we don't dip below 106 an argument can be made for being neutral but the coins position is simply to precarious at the moment for me to be anything but short. Also note the 50 day MA is converging towards the 200 at the point of the sad face thus I see no evidence of upside in the near term. Long term, and potentially in as little as under a month this bear market could be over and we will be headed up but the technicals have to show us evidence of that. If you find this info useful please give this post a thumbs up. Lastly I want to emphasize the importance of studying contrarian views to your own. If you are long any given coin study short opinions and vice-versa, also be flexible and willing to change your mind, be like water.
BITFINEX:LTCUSDShort
by TNasr
Bitcoin BTC - Fate Decided In 24HRSJust a thought more then directional analysis: Using the Weekly to find support levels as below $6000 being untested for the short-mid term, The Weekly 200MA seems to be the strongest Moving Average support, as attempts to break have resulted in "short term" reversal with intended volume, this a positive sign showing traders are anticipating double bottom or slightly above as the trend line rises away from the downward channel, this does not mean Bull capitulation wont result in a lower low, e.g $6000 but we will see increased price action one way or another as this cross-over forces a direction. So where is BTC going to end up? Within the next 24hrs will go along way to determining the direction BTC will delicately tread over next few months (layers of resistance above, break in clouds at $11500) Black dotted line in above graph shows a path which leads to potential breakout from the downward channel hence the giant leap to confirming a reversal..............Yes I put it out there. 24HR volume > 7 Billion is needed to for the Green arrow to initiate however the longer BTC price maintains above Weekly 50MA and the Trend Line, the more prominent the gap becomes instilling this position. 4HR 50MA will become variable in this scenario later within the week (rise above or added pressure to force price lower, market conditions would most likely determine this) Convergence support of the Weekly 50MA and Trend Line will help but without volume increasing (would like to see 24Hr 8-9 Billion) and being that BTC has fallen below these supports previously, we are likely to see capitulation to lower support (W50MA/Trend Line/$6000) BTC 24HR Volume seems to be problem as lately its been limited at 7 Billion in moments of trend reversals, its possible $$$ have been waiting for trend reversal to mature before entering, this scenario would dramatically raise volume and add pressure for price reversal although I believe BTC may have to fend for itself to $11500. P.S Recent trading on Bitfenix show large bot action limiting price action while holding off tsunami of Sell Orders, would be interesting to know why? Is it, short BTC, which is risky as indicators have evolved yet, although low volume means price manipulation with least resistance downwards or a sign of net-longs appearing. Futures CBOE (14th April/CME 27th April) Looking for decrease in open Interest/Positions (previous post "Bitcoin - Analysed From Future's Traders View") in which CFTC statistics released tomorrow, could indicate short sellers are reluctant to enter market and net-longs have liquidated positions from $10000 - $12000 (margin requirement of 30 percent CME) which will slow/stop the downtrend. CerealTrader BTC is seeing some tough times , so I should write this: ***Education Purposes only***
BITFINEX:BTCUSDLong
by CerealTrader
1
BTC - If crossed 7200$ we go down if 9200$ crossed we go up Hi Folks. It is pretty nervous these days isn't it? So we will try to show you where we are and why it is not that bad as it looks. Many of you complain about current situation but remember that patience and persistance are as much valued in this game as analysis and reflex. First of all we decided to draw long-term support line. Look at the mid September 2017. The price was around 3000$. Right now around 8000$. Decent return isn’t it? This line shows more organic growth rather than hype. We are nearly there, so only really bad news from the market or some big whale can make the price even lower. Look and the roughest dip lately – 6000$. When it happened, the price returned very quickly to the level of 12000$ (which is very strong resistance). It means 6000$ is very cheap for the market, even though makro surrounding is unstable. Regarding last G20 Summit here is the link with the summary and down below we are listing positive examples of countries (legalizing crypto or going to):https://cointelegraph.com/news/g20-and-cryptocurrencies-baby-steps-towards-regulatory-recommendations Australia Australia is one of the few countries that has actively started building its own cryptocurrency regulations that suit it, without much outward glancing for hints or presidents. For example, the government recently addressed exchange regulations with a mandatory law. Brazil Brazil and its government have seen a lot of potential in Blockchain and to that end have started upping their efforts into research and development of the new technology. Canada Canada is another country that is in a similar boat to that of Australia as they have started the arduous journey of regulating, but in a positive and friendly manner. The Canadian government has given the go ahead to its first ever Blockchain-based Exchange Traded Fund. France As one of the nations looking to open up the dialog on cryptocurrency, France’s stance is clearly geared towards building a regulatory framework that can work globally for a currency that is used globally. Germany Germany are also keen on opening up this dialog, having stated before the G20 suggestion was made, that the only way to control cryptocurrencies would be for international cooperation. Japan Japan made headlines a few years back when it announced that Bitcoin was a legal currency, however, its loose approach to regulation has recently been curtailed as more and more issues have forced regulators to step in. Mexico Mexico will soon be joining the likes of Canada and Australia as countries with active cryptocurrency regulations. The central American nation is just one signature away from regulating cryptocurrency after a law setting out its position passed the lower house. The USA “Do no harm” was unquestionably the right approach to development of the Internet. Similarly, I believe that “do no harm” is the right overarching approach for distributed ledger technology,” J. Christopher Giancarlo, chairman and witness of the CFTC, expressed in front of the Senate this year. Let’s look at the chart and technical analysis: According to Elliot Wave Pattern we may touch level of around 6800$. That level would be identical with the level of organic growth line. We should bounce from this level up up up. If we cross 9000$ it would be strong trend reversal sign. Next very strong resistance at 12 000. It will be difficult to cross it but once we do it we can stay happy and wait for another levels such as 17 000$ and 20 000$. MACD convergence which is very good sign - strong buy signal (light green lines). THIS IS VERY IMPORTANT. Stoch RSI - oversold zone - buy signal SMA 50 & SMA 200 almost at the same level - healthy level achieved. STAY TUNED! DO SHARE YOUR VIEWS WITH US.
BITFINEX:BTCUSDLong
by WBM_Team
2
IOTA could be potentially ready for a REVERSAL (Part 3)My series on IOTABTC continue here. As predicted in Part 2 (scrolling down the post) after the upside move driven up by Bitcoin yesterday, IOTA move downside aprroaching the Kijun-sen of the Ichimoku Cloud at around 0.00014880; If IOTA on the 4H chart found support on that yellow line, it can go sideways for a couple of days and then move to the next resistance level at 0.00017000. All depend on Bitcoin in the next days; If BTC wiil crash, all the other alt coins will follow. Simple. P.S.: Sorry guys, I have forgot to tell you in previous charts that I'm using the Log scale. For the Ichimoku Cloud: set the periods on 20-60-120-30 and you will have a smooth and less confused cloud on chart (follow @crypto_rand on Twitter & @CarpeNoctom on both Twitter and Youtube - the last on his YouTube Channel shows very well how to use the Ichimoku Cloud and other indicators - He has been very useful at least for me). LINKS: twitter.com twitter.com www.youtube.com
Long
by AlbertoRossi
IOTA could be potentially ready for a REVERSAL (Part 2)Here's the link to the first chart I published on IOTA last week: In the 4H chart IOTA has shown good strengh going over the 0.00014000 levels (increasing volumes). The green horizontal ray now I think it's a support area for the coin. It needs to going flat for a while inside the Ichimoku Cloud and then break upside the descending trendline (in yellow). Only in that case it's a potential reversal. Always wait for the confirmation. This time I've choose to show more information on the chart about MACD bullish divergence, Stochastic RSI and the rest of my notes. Visually it's more intuitive and simple to understand I hope. Remember that I'm not a professional trader. So I obviouly make mistakes. So, If you have some suggestions don't hesitate to write them in the comment section below. Bye guys
Long
by AlbertoRossi
IOTA could be potentially ready for a REVERSALIOTA had been sold for a while now. If you look at the daily chart, from february 25th 2018 we had the first attempt to break the the descending trendline (in yellow). It seems like IOTA had found support at around 0.00014000. In the short term, like shown in the chart, if it breaks above 0.00014400 it will go through the resistence line (white dot line) at 0.00015600. Notice that Volume from the 1st attempt are going down, so this could be an accumulation fase. MACD in the 4H chart is at a good point beacause of the divergence in the past weeks (violet arrows) and the Stochastic RSI is fully oversold. The only negative thing here is that we are below the Ichimoku Cloud This is not financial advice but could be an interesting spot to enter a little long position, obviously waiting for a confirmation signal. Putting a stop-loss is a great strategy and I repeat always look for a confirmation.
Long
by AlbertoRossi