Time Frame: Daily
Major Trend = DOWN
Resistence = 531.81
Topic: [BIC] Technical Analysis - Bitcoin Investiment Club - page 3. (Read 10106 times)
Market: BTC USD
Time Frame: Daily
Major Trend = DOWN
Resistence = 531.81
Time Frame: Daily
Major Trend = DOWN
Resistence = 531.81
Follow ups:
1. Which moving averages in particular do you use and why?
Example: We have few and multiples EMA and SMA use..
Here we have h1 h4 Daily (Time frame).
I use the our system with the adjusted EMA and SMA
Ema 200 (H1) <> EMA 50 (H4)
Ema 200 (H4) <> EMA 33 (Daily)
SMA 50 (Daily) <> SMA 300 (H4)
SMA 10 (Daily) <> SMA 60 (H4) <> SMA 240 (H1)
Long EMA/SMA see the major trend.
Short EMA/SMA see the change trend (not fast, not the best for see changes)
Long = 100 200 300...
Short = 3 9 10 ,...
2. How do you define a channel from your chosen averages?
Channel is for support and resistence (Long Term Trend), we have combinations of more than 20 LONG TERM EMA/SMA (H1/H4/Daily)
3. Can you explain how EMA and SMA crosses indicate convergence/divergence?
1º Cross UP or DOWN (Buy or Sell)
2º IF H1 = UPTREND H4= UPTREND we have convergence
IF H1 = UPTREND and H4 = DOWNTRED we have divergence
Ex: TODAY = Daily = DOWN , H4 = DOWN , H1 = DOWN, BIG DOWNTREND CONVERGENCE
1. Which moving averages in particular do you use and why?
Example: We have few and multiples EMA and SMA use..
Here we have h1 h4 Daily (Time frame).
I use the our system with the adjusted EMA and SMA
Ema 200 (H1) <> EMA 50 (H4)
Ema 200 (H4) <> EMA 33 (Daily)
SMA 50 (Daily) <> SMA 300 (H4)
SMA 10 (Daily) <> SMA 60 (H4) <> SMA 240 (H1)
Long EMA/SMA see the major trend.
Short EMA/SMA see the change trend (not fast, not the best for see changes)
Long = 100 200 300...
Short = 3 9 10 ,...
2. How do you define a channel from your chosen averages?
Channel is for support and resistence (Long Term Trend), we have combinations of more than 20 LONG TERM EMA/SMA (H1/H4/Daily)
3. Can you explain how EMA and SMA crosses indicate convergence/divergence?
1º Cross UP or DOWN (Buy or Sell)
2º IF H1 = UPTREND H4= UPTREND we have convergence
IF H1 = UPTREND and H4 = DOWNTRED we have divergence
Ex: TODAY = Daily = DOWN , H4 = DOWN , H1 = DOWN, BIG DOWNTREND CONVERGENCE
Explanation...
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
Well, thanks for reading your labels to us. I'm not sure how you think that is explanation. Here's a few questions that might get you closer to actually explaining something:
1. How do you determine trend?
2. How do you determine support an resistance?
3. What kind of moving averages are you using and why?
1. How do you determine trend?
I use Moving Averages to create a channel
2. How do you determine support an resistance?
list of Moving Averages and the top and bottom of the channel
3. What kind of moving averages are you using and why?
EMA for see the signal more fast.
EMA for long term support/resistence zone
SMA for make goods supports and resistencespoints
Crossing EMA x SMA for convergence and divergence.
Follow ups:
1. Which moving averages in particular do you use and why?
2. How do you define a channel from your chosen averages?
3. Can you explain how EMA and SMA crosses indicate convergence/divergence?
Explanation...
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
Well, thanks for reading your labels to us. I'm not sure how you think that is explanation. Here's a few questions that might get you closer to actually explaining something:
1. How do you determine trend?
2. How do you determine support an resistance?
3. What kind of moving averages are you using and why?
1. How do you determine trend?
I use Moving Averages to create a channel
2. How do you determine support an resistance?
list of Moving Averages and the top and bottom of the channel
3. What kind of moving averages are you using and why?
EMA for see the signal more fast.
EMA for long term support/resistence zone
SMA for make goods supports and resistencespoints
Crossing EMA x SMA for convergence and divergence.
Explanation...
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
Well, thanks for reading your labels to us. I'm not sure how you think that is explanation. Here's a few questions that might get you closer to actually explaining something:
1. How do you determine trend?
2. How do you determine support an resistance?
3. What kind of moving averages are you using and why?
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
May I ask what the point to this thread is apart from massaging your own ego.
There is no explanation or theory so anyone who fully understands the graph can extrapolate for themselves i.e. No benefit to them.
Anyone who doesn't have the knowledge and would like to learn well, its about as usefull as a chocolate teapot!
Maybe you would like to expand re: theory/explantation
Explanation...
We have few datas..
Trend = Long Term / Short Term
Trend = Up / Down / Side
Support and Resistences points.
This is for TA trading, very dangerous.
I show just our graph FOR TA TRADING
if you have any questions feel free to ask we will try to explain
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
May I ask what the point to this thread is apart from massaging your own ego.
There is no explanation or theory so anyone who fully understands the graph can extrapolate for themselves i.e. No benefit to them.
Anyone who doesn't have the knowledge and would like to learn well, its about as usefull as a chocolate teapot!
Maybe you would like to expand re: theory/explantation
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
Time Frame: H4
Major Trend = DOWN
Resistence = 465.73
Strong sell signal ?
waiting for the crossing of trend lines
Market: BTC USD
Time Frame: Daily
Major Trend = DOWN
Resistence = 532.54
Time Frame: Daily
Major Trend = DOWN
Resistence = 532.54
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 468.72
Time Frame: H4
Major Trend = DOWN
Resistence = 468.72
Where do you see as a good long entry (long term)? Or rather, where do you see the bottom?
M5 M15 M30 still downtred... just waiting turn UPTREND and go LONG.
Bottom should be $360
Sounds about right to me. I'd like to see $339 tested myself for a solid bottom.
Fibo has a long term support into 370 - 340 zone.
Where do you see as a good long entry (long term)? Or rather, where do you see the bottom?
M5 M15 M30 still downtred... just waiting turn UPTREND and go LONG.
Bottom should be $360
Sounds about right to me. I'd like to see $339 tested myself for a solid bottom.
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 470.48
Time Frame: H4
Major Trend = DOWN
Resistence = 470.48
Market: BTC USD
Time Frame: Daily
Major Trend = DOWN
Resistence = 534.00
Time Frame: Daily
Major Trend = DOWN
Resistence = 534.00
Great Support.
Now we have a Support (H1) and Resistence (H4).
Now we have a Support (H1) and Resistence (H4).
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 471.23
Time Frame: H4
Major Trend = DOWN
Resistence = 471.23
Market: BTC USD
Time Frame: H1
Major Trend = SIDE
Resistence = 419.57
Time Frame: H1
Major Trend = SIDE
Resistence = 419.57
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 472.99
Time Frame: H4
Major Trend = DOWN
Resistence = 472.99
How low do you think we might be going in the next couple of days?
Still Long Term Downtrend.
Under H4 resistence (435 zone) and M30 resistence (413 zone)
Testing now.
H4 BIG RESISTENCE!!!
Market: BTC USD
Time Frame: Daily
Major Trend = DOWN
Resistence = 534.73
Time Frame: Daily
Major Trend = DOWN
Resistence = 534.73
Jump to: