EMA (Exponential Moving Average) is a tool that helps traders understand market direction. It’s a line on a chart that smooths market fluctuations, highlighting the overall trend. If it’s hard to determine whether the price is rising or falling due to constant jumps, the EMA shows the “average path” and aids decision-making. How does EMA work? Imagine tracking the temperature daily. Instead of remembering each figure, you calculate the average temperature for the week. EMA does the same with prices, giving more weight to recent data. This helps to spot changes faster. Key EMA Periods Traders use EMAs with different timeframes. The most popular are: • EMA 20 — for short-term changes. • EMA 50 — indicates more stable trends. • EMA 100 — for long-term movements. • EMA 200 — the global trend, important for major players. These lines together help to see the market both up close and from a distance. How to use EMA? Determining trends: • If the price is above the EMA line, the trend is upward. • If the price is below EMA, the trend is downward. Example: Is Bitcoin’s price above the EMA 200 line? This might indicate an overall upward trend. Entry signals: • If the price crosses the EMA from below to above, it may signal a buy. • If it crosses from above to below, it may signal a sell. Example: The EUR/USD price rises above EMA 50. This could signal the start of an uptrend. Dynamic support and resistance: • In an uptrend, EMA becomes “dynamic support”: the price might touch the line and rise again. • In a downtrend, EMA becomes resistance. Example: Stock prices touch EMA 20 several times and bounce upward, indicating a strong trend. How to choose EMA periods? Your choice depends on your trading style: • Short-term trading: Use EMA 20 or 50. • Medium-term trading: EMA 50 and 100 reveal trends over weeks. • Long-term trading: EMA 200 shows the global trend. Example strategy with EMA Imagine using two lines: EMA 20 and EMA 50. • When EMA 20 crosses EMA 50 from below to above, it’s a buy signal. • When EMA 20 crosses EMA 50 from above to below, it’s a sell signal. Situation: On a stock chart, EMA 20 crosses EMA 50 upward, and the price rises above both lines. This confirms an uptrend, so you can open a buy position. Advantages of EMA • Simplicity: Easy to understand, even for beginners. • Flexibility: Works across markets — stocks, Forex, cryptocurrencies. • Early signals: EMA reacts faster to price changes than the Simple Moving Average (SMA). Important to remember • EMA works best in trending markets. • In a “sideways market” (when the price moves within a range), it may give false signals. • Use EMA in combination with other tools, such as support and resistance levels or volume analysis. EMA is a simple and effective tool for spotting trends and making decisions. Try adding it to your chart, choose a suitable period, and see how it helps you better understand the market. Put a ? if you found it helpful.
Test post to show pretty colors. Showing Fib retracement from the lows and also from the impulse move.
Here we have XCN. I previously got trapped in XCN due to coinbase randomly deciding to shut down right when I was going to exit the trade. Since then we have retraced. We have touched 0.0033 3 times now and can see a ATH of $0.10. We are at the bottom just before an important break. The next stop past this could be, 0.017 which is roughly a 555% gain. From there we could see some resistance then 0.053 As we can see when we zoom out…with fib retracement it is about $0.053–$0.066. 2 things to say about this coin. 1– it’s JP Morgan’s coin 2– it has X in the ticker like other well know financial use coins (XRP, XLM) Good luck and have fun with it.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) https://www.tradingview.com/x/Sf5tD1lM/ Since BTC is currently renewing its ATH, if the price of BTC maintains a reasonable level, I think ETH and altcoins are likely to continue their upward trend. This is because funds are continuously flowing in through USDT or USDC. https://www.tradingview.com/x/Xj8WiFR4/ https://www.tradingview.com/x/h4PKuMbm/ This inflow of funds can be seen as evidence that the FOMO phenomenon is being created. - However, if someone continues to sell, there will be a change of hands. If this change of hands is somewhat from the powerful to individual investors, it will eventually turn into a downtrend. In that sense, the altcoin bull market can be seen as the last stage of the bull market. - What we need to think about here is that the coin market is expected to maintain an uptrend until 2025. Therefore, if it shows signs of turning into a downtrend, we need to secure some cash to realize profits and buy again. - https://www.tradingview.com/x/p4WwQjWG/ I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and be maintained or continue to decline. Therefore, the current market can be seen as the beginning of entering the altcoin bull market. - The point of interest is whether ETH can maintain its price around 3602.01-3707.61 or higher. If so, it is expected to renew the ATH. As I mentioned in the explanation of the BTC chart, if it falls below the M-Signal indicator on the 1D chart, it is likely to meet the M-Signal indicator on the 1W chart, so you should think about a response plan for this. - For altcoins, if BTC is maintained near or above the important support and resistance zone, it is more likely to turn into profit more quickly if you focus on finding the right time to buy when the candle on the 1D chart is a downward candle. - Have a good time. Thank you. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
#BTC holding steady at support. Will it be a genuine breakout with a retest or just another fake move? Patience is key, we're waiting for the next few candle closes to confirm the trend. With no significant resistance here, the market's at a critical point if you zoom out to the HTF. Stay sharp. I'm holding onto my altcoin positions for now. IMHO, There's still a high possibility fir BTC to hit $114k. Invalidation will be a close below $90.2k DYOR, NFA #PEACE
The blue box on BINANCE:ADAUSDT.P represents a strong demand zone that could attract buyers, making it a pivotal area to watch. Its proximity to the psychological level of $1 enhances its significance, as this level could act as both a technical and psychological support. Key Observations: Demand Zone: The blue box aligns with a high-probability buying area where buyers are likely to step in. Psychological Level: The $1 mark serves as a key round number, potentially reinforcing support in this zone. Buyer Activity: Increased interest from buyers at this level could signal a trend reversal or continuation. Strategy: Monitor price action within the blue box for confirmation signals such as bullish candlestick patterns, strong wicks, or increased volume. A break and hold above $1 could confirm the zone as a new support level. Place stops below the demand zone to manage risk effectively. If the zone holds, CRYPTOCAP:ADA has the potential to stage a significant bounce from this key level. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis ? DOGEUSDT.P: Next Move ? RENDERUSDT.P: Opportunity of the Month ? ETHUSDT.P: Where to Retrace ? BNBUSDT.P: Potential Surge ? BTC Dominance: Reaction Zone ? WAVESUSDT.P: Demand Zone Potential ? UNIUSDT.P: Long-Term Trade ? XRPUSDT.P: Entry Zones ? LINKUSDT.P: Follow The River ? BTCUSDT.P: Two Key Demand Zones ? POLUSDT: Bullish Momentum ? PENDLEUSDT: Where Opportunity Meets Precision ? BTCUSDT.P: Liquidation of Highly Leveraged Longs ? SOLUSDT.P: SOL's Dip - Your Opportunity ? 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ? ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ? IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
Rsr tried to catch up xrp hbar and cardano and now consolidating for another crazy leg up. Let’s wait and see
Nice retest of the broken trendline . Target 115k. I think btc will hit 115k this week. long position looks very favourable from here.
ATMUSDT WILL BE AWESOME, ACCUMULATING FOR A LONG TIME NOW #OPEN POSITION https://www.tradingview.com/x/DXCQGbgC/
I'm in position but it's important for me how price would react to the resistant area. When people will long LPT-BTC is also important.