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200ema-pullback

Possible short term rebound. Then $190 till Weekly 200 EMA.Updating my previous idea: IMO it's possible to see a short-term rebound till $240 where the confluence of fib. retracement 0.5 (ATH to march '20 low) and fib. retracement 0.618 (ATH to dic '18 low) are. Then, expecting more downside until aprox. $190 were the Weekly 200 EMA is. Just before the february earnings where trend reversal is possible if strong growth continue . My last short Price Target was perfectly touched. Thoughts? Please like, comment and subscribe if it's helpful for you. Stay safe.
NYSE:BABAShort
by HumanBias
ETH: The Healthy Correction Before Take Off!My Fellow Crypto Traders, Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ---------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: ETH has been on quite the run w/ BTC leading the way in which we should see BTC enter a correction/accumulation phase. Thus, we should see a new cycle of bullishness from Alts, with ETH leading the way, and LINK on ETH's heals. So, ETH could slightly correct back down to around $447 to regain momentum to break the $468 resistance, however, I believe a deeper correction is needed to break the $468 resistance, which the RSI supports this narrative. Therefore, we could see another 200EMA bounce before the bullish fever takes ETH beyond $488, and on through $500. Moreover, BUY BUY BUY as much ETH as possible, because these prices are relatively cheap, due to ETH being undervalued. Might not see these price levels ever again!
Long
by AB_Trading-Intelligence
USD/CAD - Where to next?! Right...Let's look at the bigger picture! Loonie CAD - Technicals - Weekly: Strong Bullish channel since 2017 - Been holding up well. Yellow line - from past triangle formation - Finding nice area of support. 200 EMA (GREEN) - Again been respected. We are struggling to pass the 200 EMA - as well as the key support areas of the channel, there might be a possibility of a pull back towards 1.34 half areas to 1.35 areas. We've had strong bear action occurring. However, pull back might be due till we decline further - However, be aware key trend-line areas from the past occurring and the 200 EMA - until we are not below the 200 EMA - the bulls could gain back into control. Things to keep in mind - Seasonality, add alerts to 200 EMA or key trend-line/channel areas as we are at support until it's broken! Long term time frame, indicates shorter time frame movement. Enjoy - Have a great week ahead. Remember: Just an idea, not a recommendation.
by Trade_Journal
FTM/USDT | Pivotal level | Bearish Divergence | 200 EMA Todays analysis – FTM/USDT – consolidating at a pivotal level as trend support and structural resistance converge. Points to consider: - Key level (apex) - Swing high failure - Immediate target (structural support) - 200 EMA Support Confluence - Low volume - RSI bearish divergence Price is coiling into its apex as trend support and structural resistance converge, break in either direction is probable. Price failing to break structural resistance; a local swing high failure will for a bearish bias in the market with the immediate downside target bring structural support The 200 EMA also coincides with structural support, putting emphasis on the key level. Volume is also declining and remaining below average; indication of an influx being imminent, likely to coincide with bearish price action. The RSI has a valid bearish divergence, another sign of weakness in the immediate market. Overall, in my opinion, a long trade is validated with a successful S/R flip retest of the 200 EMA with technical target of structural resistance. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
by Kudiiee
STX/USDT | Key Level | Support Cluster | Trade Setup Todays Analysis – STX/USDT – Retracing to establish an S/R flip re-test of daily support. Points to consider: - Healthy Up-trend - Support Confluence (key level) - Declining Volume - Oscillators Below 50 STXUSDT needs to hold the re-test of the daily support zone to form a higher low on the chart and continue its bullish uptrend. The Support cluster also coincides with the 200 EMA and .618 Fibonacci retracement, putting emphasis on the key level. Volume is declining and below average, usually an indication of an influx being imminent; likely to coincide with the retest of support. Both the RSI and stochastics are testing the 50 level, further price development will determine a directional bias. Oscillators need to range above 50 to maintain strength and momentum in the market. Overall, in my opinion, a successful re-test of support validates a long trade to technical targets above with risk defined below local swing low. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
WTRH C&H + 200 EMA SupportBull case is WTRH holds 200 EMA and breaks above the $2.75 level which is the local resistance and VWAP from May 12 top. Entire triangle consolidation is occurring above the green line which is the VWAP from the March 19 top. I have removed my normal moving average setup as not to clutter the chart, but if you were to check out the hourly 5/20/50 EMA setup, the EMAs are converging very tightly, so I expect this one to move soon. WTRH is a food delivery stock, so any buying of other Covid names or news of a 'second wave' is bullish for this stock. Being said, market appears to have some favoritism for the Covid resurgence narrative, with this stock consolidating nicely since its parabolic run up. I'll be keeping an eye on this one, I have an alert set for $2.75 I will be featuring the anchored VWAP more often now that Tradingview offers it. What I know about this technical tool is what I have learned by watching Brian Shannon who runs Alphatrends.com, you can find him on stocktwits @alphatrends. I am not affiliated with him in any way, only an admirer of his trading philosophy. I urge you to check out some of his charts and how his use of Anchored VWAP really gives you key support/resistance.
WLong
by ETrades1
LAKE Inv. H&S on 200 MADaily: -Consolidation supported by 200 day EMA (also seen on 200 SMA) -VWAP from peak has been consistent resistance 1HR: -Easily seen symmetry playing out in Inv. H&S/Rounding bottom bullish reversal -Wedge forming above gap filled area of support -Price finding support on 1HR atop converging EMAs. 50 EMA soon to cross 200 EMA, price is likely to be pushed higher, specifically given prior price action on 5/29 and 6/2 where the 50 EMA acted as strong and rising support level Bullish as long as price remains above the gap area (>$14). I am looking for breakout of wedge/pennant on 1HR to enter this trade, I will place sell order for 1/2 position at the VWAP level.
NASDAQ:LAKELong
by ETrades1
4hr 200 ema double bounce. Bullish divergence on the larger dipHere are those ema bounces I was talking about in the other chart. You can see the divergence on the lower dip which should still be playing out despite the volatility. The run back up to 9k was too fast, the momentum carried it past and the price action whipsawed back down to supports. Look for a TTM squeeze indicator on 4hr or higher time frame if you wanna look for safer entries but I think this range is a good dip buying opportunity so long as 8.1k holds. I'll post a new large time frame chart later, probably after the daily close. Good luck as always and do your own research!
BITSTAMP:BTCUSDLong
by NixonLB