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Oscillators

bitcoin pullback trade setup after a long bearish move and bad sentiment btc price has formed a consolidation pattern and on 1h time frame we can see a inverted head and shoulder pattern initiating trade according to - as per neckline drawn on the chart after the breakout only we can enter long and keep stop loss below the shoulder line info line drawn from the head of the pattern indicates the up move possibility duration of the trade could be short term trade with proper risk management and position sizing
Long
by Jimmy_Rebello
'ELECON' ready to switch 'ON' 💡💡 !!!!On daily basis, 'Elecon' has given a breakout from an inverted head and shoulder pattern which was under construction since November with buzzing volumes. On weekly basis, a breakout of cup and handle pattern is visible with rising RSI also RSI has breached above 60 which is a positive sign. On monthly basis, a breakout of 'N' pattern is visible which signifies the strength i.e. after retracement it is still giving a breakout. Here, RSI took support at 60 and witnessed the breakout. NOTE:- the only sign of caution is that spinning top is visible and RSI has reached resistance level on daily charts, also dividend is pending, so there is a chance of retracement on daily basis hence, try to accumulate near breakout level.
ELong
by Chaser30
Rsi crossover A slightly altered version of RSI with 3 RSI together Near rsi Intermediate rsi Far rsi I usually use 10,21 and 3rd rsi as a optional one When Rsi 10 crosses above Rsi 21 , its buy ( you can use any values but the concept is same) and vice versa One more major thing which I observed is that the RSI crossover coincides with Trendline breakout most of the times.Sometimes Rsi crossover occurs but there won't be a Trendline breakout, or vice-versa indicates a false signal. You need to sample some trades to understand this behaviour. You can also draw trendlines over rsi similar to stocks and observe breakouts in rsi . Cardwell ranges briefly, bullish stocks usually take support at 40 and strongly bullish takes support at 60. Resistance usually 80-85 rsi values Bearish resistance at 60, strongly bearish at 40 , usually takes support at 20. Stocks oscillating between rsi 60-40 resistance & support usually in sideways market. Disclaimer: no indicator works 100%. You have to observe it , backtest and tweek based on your requirements Update: Added a new fill between rsi 1 & rsi 3
NSE:NIFTY
by VarunNeel90
2