Get started

200ma

ONTUSDT Local Double Top| 200 MA| Bearish Retest| Daily S/R Evening traders, Second analysis – ONTUSDT- a bearish retest likely to form with the immediate target Daily S/R, Points to consider, - Trend ranging - Daily S/R (support) - 200 MA Resistance (bearish retest) - Resistance confluence - Oscillators divergence - Low volume ONTUSDT’s intimidate trend is ranging between two key levels. Breaking either will be indicative of the trend direction. The Daily S/R is the immediate support (bottom of the range), price is likely to respect this area as it is the base of the bullish engulfing. Dynamic support has been breached, now acting as resistance with the 200 MA and bearish price action being in confluence, price is likely to establish a bearish retest here. Both oscillators are below 50, this indicates weakness thus further downside probable before oversold conditions. The current volume is below average, an influx is likely when key trade locations are tested. Overall, in my opinion, ONTUSDT is a valid short targeting Daily S/R. Price action is to be used upon discretion/ management of trade. Hope this analysis helps! Thank you for following my work! And remember, “Environmental distractions and boredom cause a lack of focus – All of us have limits to our attention span and these are easily taxed during quiet times in the market.” Brett Steenbarger
Short
by AzizKhanZamani
4
Miniratna - Fundamental Fair value 105; Bull Case Value 115Fundamental Fair value 105; Bull Case Value 115, Now at the 200 MA potential move to 105/115 in next 6 months. Stock P/E: 11.23 Book Value: 88.70 Dividend Yield: 5.30 % ROCE: 10.72 % ROE: 11.93 % Sales Growth (3Yrs): 20.68 % Face Value: 2.00 GOI holding 89.18% Company has reduced debt. Stock is trading at 1.01 times its book value Company has been maintaining a healthy dividend payout of 40.68% Debtor days have improved from 49.74 to 37.32 days. Government of India holds 89.18% equity in IRCON. The company is a Mini Ratna Category – I Public Sector Undertaking since 1998. The board of IRCON is headed by Mr. Sunil Kumar Chaudhary (current Chairman and Managing Director). He holds a bachelor’s degree in science (civil engineering) from University of Delhi and a master’s degree in technology (Management and systems) from the Indian Institute of Technology, Delhi. In the past, he was on the board of companies such as National Buildings Construction Corporation (India) Limited and Housing and Urban Development Corporation Limited and is experienced in handling infrastructure projects such as railways, airports, flyovers and bridges etc. IRCON has a professionally managed by the Board of Directors comprising three whole-time directors, two government nominee directors and three independent directors. Above data is copied from publicly available data available on various websites, i do not take responsibility for any loss.
NSE:IRCONLong
by Mukadam
Psp projects good fundamentals on 200maSitting on 200ma with a positive bias. Good fundamentals: Book Value:  126.98 Stock P/E: 15.37 Dividend Yield: 1.15 % ROCE: 40.67 % ROE: 31.20 % Sales Growth (3Yrs): 55.24 % Company is expected to give good quarter Company has delivered good profit growth of 56.22% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 29.76% Company has been maintaining a healthy dividend payout of 20.61%
NSE:PSPPROJECTLong
by Mukadam
SPX Gives Bulls a glimmer of HopeAt first when the price action fell below the 200 MA on Friday, I was a bit nervous. Luckily we had a bounce back above the 200 hundred. Which then left the price action stuck between the 50 MA and the 200 MA. Leaving it a guessing game as which direction we might be heading. Oddly we have settled on a support line... which is the same suppot line when Biden accounced harris as his running mate. Yup, the 11th of August.. that big red candle I have circle. I'm not exactly sure what that means. But hopefully that wil be the last support line we'll see for a while. Which is why I saw it's a glimmer of hope. Yes, we've closed below the 200 MA on the 4 HR. Now we just need a comeback. AAPL Fell to the 50 MSFT Fell tpo the 618 I think the worst is over... I hope.
OANDA:SPX500USD
by BodiesXWix
EurUsd H4 Channel (Potential Sell Breakout)Good Day Traders! By now you have probably realized that EurUsd has been trading within channel for the past few weeks. At present price is retesting the bottom of the channel along with previous support. Many Buyers will be looking at this as an opportunity especially since it is near the 200 simple moving average. However, i am not convinced that the price of this pair will go up. Most likely this is a trap for buyers for the market to push down. A break below the channel and 200 MA would signify a huge move to the downside. I will be looking for price to break below and leave the 1.1790 level and retest this support as resistance, taking a sell position. if that does not happen and price continues rejecting and starts a push to the upside i will be entering on a lower time frame on a retest of a recent price level.
by lefergs
6
Pivotal Moment for SPX - 50 OR 200 MA?I'm a huge believer in what the 50 and 200 MA's can do. I've bee trading solely on those MA's on Crypto (LTCUSD and ZECUSD) All weekend with huge success. We're in the middle ground on SPX. I know my chart isn't fancy, but on Friday the 4 hr 200 MA Rejected price. Yeah, it went a little lower to a support level, but they both acted as the same) I'm going to assume that it will buy to the 50 MA. I'm going to wait to see how it reacts off that 50 MA. If there is another large pull back. Expect the next reaction to be on the 200 MA again. If it then falls below and closes below the 4 HR 200 MA, Expect the bears to come in full force. If it does not reject the 50 MA and buys through, expect a pull back to the 50 MA and then buy for the continuation that we've been seeing in the Market. I don't believe news had anything to do with the fall. The point is that we were oversold and we were just outside the ascending trendline from 2018. There was no genuine retest of that line andinstead shot right down through that ascending rendline. If it is to fall through the 200 MA on the 4 HR expect the drop to have a reaction on the 200 MA on the daily. Most likely to be seen here.
OANDA:SPX500USD
by BodiesXWix
GBPUSD - Weekly Overview and H1-Entry - Easy ExplanedHi Traders! The market is in a Longterm Downtrend (weekly). This time, instead of beginning with the daily timeframe, we'll begin with the weekly timeframe. Here is it: Here you can see three main areas, which affects the market bearish : The weekly Resistance, the weekly descending Trendline and the 200 Exponential Moving Average. ]/list} You see, there are many things which come together at this moment. Now we move to the Daily: We want to show you something, that's why the chart is zoomed in. The price broke out of the weekly Trendline with one green candle. The next candle closed bearish and even below the low of the previous candle. You call this Pattern the "Engulfing Pattern" and the situation is called "False Break Setup". Let's move further to the H4-Timeframe: Here you can see the market is in a sidewards market. At this moment it reaches the orange Supply and Demand Area. Finally, we move to the Entry Timeframe: It reaches the orange Sell Area. The SL is far away from it and the Take Profit is at the next Support. We recommend to trade the market with a confirmation. Thanks and successful Trading :)!
Short
by swissmoneymakers
1
RLCBTC Daily S/R| .618 Fibonacci|Technical Confluence|Swing highEvening Traders, Today’s Analysis – RLCBTC- in strong uptrend breaking daily S/R. A retest of the level will allow for a long. Points to consider, - Immediate trend bullish - Daily support confluence (.618 Fibonacci & 200MA) - Swing high (immediate target) - RSI above 50 - Stochastics flat - Volume declining RLCBTC’s trend has been establishing consecutive HH’s and HL’s giving us a bullish bias on the market. The daily support is a key trade location with multiple technical confluences. The .618 Fibonacci and the 200 MA is likely to be respected upon a back test. RLCBTC’s swing high is the immediate target; price action breaking this level will increase the probability of trend continuation. The RSI is currently above 50, likely to dip with the correction, maintaining above 50- midpoint will keep the bullish bias intact. Stochastics is currently in the lower regions, there is stored momentum to the upside that will coincide with price movement. Volume is currently declining; this is an indication of an influx being probable at daily S/R as it is the next trade location. Overall, in my opinion, RLCBTC is a valid long at daily S/R, risk being defined below previous low. Price action is to be used upon discretion/ management of the trade. What are your thoughts? Thank you for following my work! And remember, “All statistics have outliers. Money management, therefore, is key to the process of good trading.” ― Yvan Byeajee
Long
by AzizKhanZamani
Update for last short BTC lvlsI sketched a poor trendline for positive scenario,If it is respected - and next 2-3 daily candles will close above, Stoch and MACD turn back. We are propably right way to next price targed more than ~12,150$. But i would like to see some consolidation between current price channel, predicted with higher lows, to take a rest, and form greater triangle (to break it to 14,000$. Stay in mind that we propably catched support on BTC dominance at ~62% (with price at daily chart 61,60-62,60) but.. check out fear and grid index on 75 points. Higher levels was seen last holiday then we dropped 24% in the day- if this situation would be similiar, we would be close to 200 MA. Meanwhile I also have in mind, that belief in money is weak, and a lot of new money from air going into the markets. I would like to see more confirmation to go up.
COINBASE:BTCUSD
by NightTerm
BTC idea for yesterdayAs i mentioned we retest ~10540$ support line, but.. that was pretty interesting, we printed one day candle with 2 weaks close to perfectly between lvl ~10540$ and ~12150$. (For me next price channel-white lines) , and the price will deal with it. Next move will propably test ~10.950 (22:35, im late? yeah im late) because RSI have downward position from overvalued zone (70), CHOP index confirming the energy to next move. Week time frame looks similliar high RSI +exhausting CHOP FROM (~48pts.) Next strong move can be to 10,540. If we hold it, im bulish to retest 12,150 - if not, retest 10,114 fibo or even 9,600$ (im trying to dont look at CME gap, because last from august 19' (4h) was closed one year later. Critical point for me is in area when 50 ma and purple line (from last highs). it could be agrressive bounce back, but all of this must be confirmed with others signals. If we pass and close daily chart under 10.540. Next price channel will be between 10.540 and ~9600, but if we still can print higher lows on lower time frame, more probability for movement up than down. Im not bewaring weaks, beacause im hodl. it is not an advice, time to gather some history..), as some good trader told me, RSI is lagging indicator so its only an idea to refill each other
COINBASE:BTCUSDShort
by NightTerm