will the movement has memory to follow its old path?20Feb25 ** Hong Kong's benchmark Hang Seng Index (HSI) declined 1.6%, dragged by a sharp correction in technology stocks.
HSI:HSI
20Feb25 - (4H)
21Feb25 (4H)
⏰ ⏰ ⏰
Trade with cautious.
Since the goldencross formed week of 3Feb25 - the index had soared 908pts, +4.49%
The following week; week of 10Feb2025 - another +1486pts +7.04%
For the past two weeks the index had a small bull run of 2543pts; 12.7%
If history repeat, then HSI need a break after consecutive two weeks of climbing. If you see what I see.
The next strong resistance will be the last Oct2024 Hi at 23241. Let's see if today the volume and market sentiment able to break this then is likely to retrace back.
KDJ - The D chart - at overbought and red zone and now turning to red bearish zone.
Look at the 4H chart
PEPPERSTONE:HK50
Overnight the HK50 had touched and broke 23241 and retrace back.
Let's monitor if today there is chance for HSI to break the last Oct Hi.
MACD - above zero level - Bullish zone reversal from deadcross formed earlier and now with light red inverted histogram.
KDJ - Turned Bullish
BB - returning to upper BB channel
Today Trade Plan:
Buy into support : 22850 - 23000 (TP/SL at 22580)
Sell at resistance : 23250 - 23300 (TP/SL at 23200)
Look at the 1H chart.
Be cautious and pay attention. KDJ still ranging bearish zone although the MACD is within Bullish level but with light histo i.e low volume.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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BB
keep climbing after a short rest!TGIF everyone & Happy V day! HSI continue sending love 📦 & 💷 to who pay attention to it!
HSI:HSI
D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? Estimated : 1061pts to go (~4.79%); is not that far!
Expecting and allow some retreat a healthy pullback these two weeks.
Look at the 4H chart
PEPPERSTONE:HK50
MACD - now at bullish zone with inverted red histogram.
KDJ - Bearish zone and likely to reverse.
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 21090-22000
Sell at resistance : 22230-22300
(trade range : 301pts; ~1.37%)
Look at the 1H chart.
MACD formed GoldenCross this morning.
KDJ also is at bullish green zone and at bullish level (after yesterday pullback and reverse from oversold zone)
BB : above upper BB 21930 - 22300
Lower BB : 21910 ( today support level should be at 21600)
Resistance : 22200 (if breaks then to retest the next resistance at 22545 then 22770)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Wishing everyone a good weekend ahead.
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HSI continue to roars, bull take charge ahead! PEPPERSTONE:HK50
HSI:HSI
Hello everyone good am! hope you made enough winning trades for the upcoming weekend.
D chart on HSI
MACD & KDJ both are at bullish zone.
The next strong resistance will be the last Oct2024 Hi at 23241.
with the positive news, this is likely to touch soon.
www.tradingview.com
Look at the 4H chart
MACD - still on the bullish zone and supported with bullish green histogram.
KDJ - Bullish zone , overbought zone. Cautious for a short pullback.
BB - Moving above BB midline and ranging at upper BB channel and continue to arching up.
Look at the 1H chart.
MACD continue staying at bullish level (above zero line)
KDJ - cautious for pullback (ranging between red and green zone but at overbought level)
BB : above upper BB 21900-22200
Lower BB : 21530 ( today support level should be at 21800)
Resistance : 22200 (if breaks then to retest the next resistance at 22500 and 22770)
Today Trade Plan:
Buy into support : 21800-21950
Sell at resistance : 22200
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Wishing everyone a good weekend ahead.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
continue to rise with news! PEPPERSTONE:HK50
HSI:HSI
Hello everyone how was your trade yesterday?
It was a healthy pullback and hope you managed to short it and make some profit.
D chart on HSI
The bullish continues, yesterday was a healthy pullback with 227pts -1.06%
KDJ is now back to bullish zone.
Correction : MACD already crossed above zero level.
Look at the 4H chart
MACD - still on the bullish zone but with reduced volume with inverted red histogram. Cautious for the pullback.
KDJ - Bullish zone.
BB - Ranging at upper BB channel and continue to arching up.
Today Trade Plan:
Buy into support : 21520-21550
Sell at resistance : 21815 (TP : 21758)
253 range for day trade is suffice to gain some pocket money.
Look at the 1H chart.
MACD is arching to bullish.
KDJ also back into bullish green zone at overbought level (cautious for pullback)
BB : above upper BB 21500-21750
Lower BB : 21259 (support level)
Resistance : 21850 (if breaks then to retest the next resistance at 21975)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Wishing everyone a good day with many winning trades !
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Reversal bullish is happening! No more boozy dancePEPPERSTONE:HK50
HSI:HSI
Hello everyone how was your trade since last update?
HSI turned bullish as forecasted from chart during my holidays!
Did you managed to gain some pocket money? I did with intermittent networks.
Let's review the Index action from wider tf; for the upcoming bull run.
1W Chart
For the week of 3 Feb 2025 the Index clocked a 1000pts +~5% gain. with this the W Chart had confirmed that the MACD formed GoldenCross with dark green histogram(with high volume)
19780 turned strong support level from resistance.
22760 the next resistance level to achieve and break the last Sept 2024 High.
Cross-checked with broader tf chart - D chart.
D chart on 27Jan2025
D chart today 11Feb2025
MACD break above zero level on 28Jan2025; confirming the Index turning bullish. The bullish continues since then till today!
KDJ is now at bullish zone but overbought.
MACD are still below zero level but seems arching and inching to break zero level to give confirmation of bullish.
Look at the 4H chart
There was a Golden cross formed on 3Feb2025 & 7Feb2025 (of course during these 4 days there was a slight adjustment on 5Feb2025 which probably the 🐳 flush retailers out).
MACD - still on the bullish zone but with reduced volume with light green histogram.
KDJ - Bullish zone with overbought zone above 80 level/
BB - Ranging at upper BB channel and continue to arching up.
Look at the 1H chart.
MACD is curving down (within bullish zone above zero level)
KDJ is in the bearish red zone almost entering oversold level of 20; wait for bullish reversal.
BB : crossed below middle line entering lower BB 21270 - 21470
Lower BB : 21265 (support level)
For day trade: Same strategy, sell at resistance; buy/TP at support.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Get in the Golden cross and ride on the wave.
Support : 21250 ( next support level 21090)
Resistance : 21700 (if breaks then to retest the next resistance at 21955)
It needs to be stay above 21540 to bbreak the next resistance.
www.tradingview.com
People sell on news. Here needs a healthy pullback, and markets continue its cycle. As a consistent and prudent traders, we should be Greedy when markets are fear.
It is easier to say than doing it.
Let's monitor the movement of the index and act accordingly and do not anticipate until we see confirmation from markets.
Again, sticktoyourplan trade according to time frame and set TP/SL.
Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Wishing everyone a good prosperous year of 2025 with many winning trades!
Almost there! Breaking through for BullPEPPERSTONE:HK50
HSI:HSI
Look at the 4H chart.
MACD - Golden Cross arching up this morning.
KDJ - Bullish zone but overbought zone.
BB - Ranging at upper BB channel and continue to arching up.
Cross-checked with broader tf chart - D chart.
KDJ is now at bullish zone but overbought.
MACD are still below zero level but seems arching and inching to break zero level to give confirmation of bullish.
Continue to monitor to wait for MACD Signal cross above zero line confirming BULLISH.
Can accumulate and swing trade for 4 wks-6 wks.
Look at the 1H chart.
MACD has confirmed its bullish.
KDJ has been moving through the bullish and bearish cycle.
Range Upper BB : 20120 - 20300
Lower BB : 19985 (support level) - 20119.
For day trade: Same strategy, sell at resistance; buy/TP at support.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Support : 19980 ( next support level 19930)
Resistance : 20330 (if breaks then 20450)
Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵.
Reminder : to slowly To take action to accumulate Hong Kong and China stock/ETF/Index and wait for 12-24months or more to have an exponential capital gain. Check the Month Chart you will notice, is almost there already....
HKEX:2800 - create position at around 20.50 and add position if pullback to 19.30 (Both Fibo level)
HKEX:2823 HKEX:2801
February news is around the corner from local authority. Let's see if that's the case.
One of the positive news:-
www.scmp.com
Again, news are distraction. 😂
Please DYODD and take action to diversify your investment portfolio with China & HKG exposure.
Happy CNY everyone and happy trading!
QNX Everywhere.”Every movement in the market is the result of a natural law and of a cause which exists long before the effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…” -- W.D. Gann
youtube.com
"Down just means, not up yet" -- Bathsalt
retreat frm ytd 'short bullrun'; look at key support levelPEPPERSTONE:HK50
HSI:HSI
Look at the 4H chart.
MACD - Deadcross curving down
KDJ - Bearish zone.
BB - entering lower band.
Cross-checked with broader tf chart - D chart.
MA20 :19632
MA52 :19738 (MA52>MA20)
KDJ is now at bullish zone; overbought.
Both KDJ and MACD are still below zero. MACD seems to be forming a curve; it may go down if there is no strength to break above the zero line and turn bullish.
We can probably see a sideways movement until the distraction—news announced in February.
Continue to monitor to wait for MACD Signal cross above zero line confirming BULLISH.
Can accumulate and swing trade for 4 wks-6 wks.
Look at the 1H chart.
The pullback is delayed but inevitable.
At point of observed KDJ it's in red bearish zone.
MACD is at bullish area fast line is touching signal line forming a dead cross within Bullish zone.
For day trade: Same strategy, sell at resistance; buy/TP at support.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Support : 19782 (next 19742, 19300 ; key support level 19545)
Resistance : 19900 (if breaks then 20030)
Sticktoyourplan follow your trading strategy.
Trading to make pocket money isn't that challenging. Although it can be boring, you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized.
Reminder : to slowly accumulate Hong Kong and China stock/ETF/Index and wait for 12-24months or more to have an exponential capital gain. Check the Month Chart you will notice, is almost there already....
HKEX:2800 HKEX:2823 HKEX:2801
Time frame is important! Prepared for the rollercoaster short-term rider for these two markets.
Time is our friend!
Trend is our friend too, do not go against it.
Happy Trading Everyone! ☺
BB sell/short setup (12H)It seems a complex pattern is forming, where wave C could complete within the red zone, leading to a BB drop.
We are looking for sell/short positions in the red zone.
The target could be the green zone.
Closing a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BB Looks bullish (8H)It seems that BB has completed a wave B. This wave B appears to be a FLAT with a terminal C, which has now finished.
As long as the green range is maintained, it could move towards the TPs.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BBUSDT Double Bottom Pattern!BBUSDT Technical analysis update
BBUSDT price has formed a double bottom pattern on the daily chart. The price has already moved up by 80% from the bottom and is now trading near the double bottom neckline resistance. Additionally, the price is trading above the 100 EMA on the daily chart. Once a breakout above the neckline is confirmed, a strong bullish move can be expected.
BB, the correct way of usage - Part OneLike EMA, Bollinger Bands are famous indicators that can be used to analyze the market. We discussed the current usage of EMA in parts One , Two , and Three , and we will continue to do so. Now, let's talk about BB.
In ARZ Trading System, we have a specific rule for this indicator, to find the best spot to enter the market.
- BB settings: 20 period, 2 deviation.
BB meaning:
1. When its bands are converging, we are close to a breakout. We have to consider MC boxes and EMAs to analyze what direction it might break out.
2. When diverging, we are in a breakout. If price movement continues and still we see the bands diverging, we are still in breakout mode.
3. When bands are flat, we are in a ranging market.
In our system, the best place for entering into a reversal position is when at the same time, the price has touched MC ( what is MC? ) and BB levels, just as follows:
- The MC candle is shown. we expect the market to retrace after reaching the UTP level.
- After breaking the UTP level in candle #1, the price couldn't cross and close and retraced in #2 inside the UTP area. So, MC is still valid.
- From #2 to #3 we have no reason to trade upward.
- In #3 the price has touched both LTP level and BB. So, we look for a buy position.
- in #4 we analyze the market as a seller. Because the price has touched both the support of MC and BB.
- in #5 again we see a similar situation as #3, so we are buyers.
- in #6, the price couldn't cross and close after the breakout candle, so MC is still valid.
BB is getting ready to flyBounceBit has attracted the attention of several prominent investors and venture capital funds, who saw in the project the potential for growth and innovation in cryptocurrency and DeFi.
Binance Labs
Blockchain Capital
OKX Ventures
The guys above are ready to send the BB price into the distribution zone. Be ready!
BOUNCEBIT $BB: It is now BOTTOM!Low Volatility: BounceBit’s price has remained stable within a narrow trading range, indicating limited price volatility. This stability is appealing to holders looking for more conservative investments within the crypto space. TradingView!
Project description:
BounceBit ( NYSE:BB ) is a decentralized marketplace platform that facilitates token auctions, asset swaps, and staking, allowing users to participate in a wide range of DeFi activities with enhanced security and transparency.
Type of project:
Decentralized marketplace and auction protocol.
Is it under a block?:
Yes, BounceBit operates on Binance Smart Chain (BSC), using smart contracts to support auctions, swaps, and staking within the DeFi space.
Latest update or news:
As of November 7, 2024, BounceBit announced the BounceClub Partnership Program, providing incentives for early adopters and developers to integrate BounceBit’s decentralized marketplace features into new projects.
Narrative:
DeFi marketplace, decentralized auctions, and token staking platform.
Unlocks Data for BounceBit ( NYSE:BB ):
1. Upcoming Unlock:
Next Unlock Event: Scheduled for May 13, 2025, with an unlock of 44.7 million BB tokens.
Percentage of Circulating Supply: This release constitutes approximately 2.13% of the current circulating supply.
2. Rate of Token Release to Circulation:
Next 7 Days (November 7 – November 14): 0 BB tokens released, or 0% of the circulating supply.
Next 30 Days (November 7 – December 7): 0 BB tokens released, or 0% of the circulating supply.
3. Total Unlocked:
Total Unlocked Tokens: 265.23 million BB, representing approximately 12.63% of the maximum supply of 2.1 billion BB tokens.
4. All Upcoming Unlocks in the Future:
May 13, 2025: 44.7 million BB
Additional Unlocks: Please refer to BounceBit’s official documentation for the complete unlock schedule.
5. Vesting Analysis for BounceBit ( NYSE:BB ):
BounceBit's vesting structure promotes gradual distribution to ensure long-term sustainability:
Staking Reward & Delegation Program: 35% allocation, distributed to reward users participating in staking and delegation. Investors: 21% allocation, with vesting schedules to align with the platform’s growth. BounceClub & Ecosystem Reserve: 14% allocation, supporting ecosystem growth and new partnerships. Team: 10% allocation, vested to ensure team commitment and platform stability. Binance Megadrop: 8% allocation, distributed to early community members and platform supporters. Advisors: 5% allocation, aimed at retaining experienced guidance for the project. Testnet & TVL Incentive: 4% allocation, incentivizing early network testing and locked total value. Market Making: 3% allocation, supporting liquidity and smooth trading experiences.
BB Update (4H)From where we placed the red arrow on the chart, it seems that the BB correction has started.
We have an ABC or more complex bearish pattern on the chart and we are now in wave B of this bearish pattern.
Wave B looks like a diamond diametric as we are now in wave e of this diametric.
From the red range, the price can move towards the lower ranges, heavy rejection.
Closing a daily candle above the invalidation level will violate this analysis and view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BB BlackBerry Limited Options Ahead of EarningsIf you haven`t bought BB before the previous earnings:
Now analyzing the options chain and the chart patterns of BB BlackBerry Limited prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2025-3-21,
for a premium of approximately $0.31.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ETH/BTC Inverted - Apple / Blackberry. Times different?
Don't follow alt coins much nor Ethereum but I decided to check out the ETH/BTC pair inverted it and found a very strong similar pattern that Apple and Blackberry made after the dotcom bubble.
Apple as the strongest competitor in the smart phone scene left Blackberry spinning in circles with a last jump to try gain market share resulting in a fail of the share price.
Today? we see Ethereum playing out in similar fashion where Bitcoin started then Ethereum tried to tail the success of Bitcoin's innovation.
PoS could be similar to trying to put a physical keyboard on a smart phone.
If this is the case and Bitcoin goes on the run I expect it to, this could be the final wave of Ethereum's market share.
BounceBit: Technical Analysis in 12-Hour TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
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Now, let’s dive into this chart analysis:
BB has broken above the resistance trendline and is currently retesting it. The 21 EMA and a horizontal ray serve as primary support for BB. A rebound from this primary support will likely be bullish and could potentially rally toward its all-time high range.
If BB breaks down below the primary support, the lower support at $0.2393 (the all-time low) will likely hold the price.
Key Levels:
- Primary Support/Accumulation: $0.3134-$0.3265.
- Lower Support: $0.2393.
- Primary Target: $0.505-$0.55.
- Higher Target: $0.8789.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
BB looks bearish (12H)It looks like BB has finished a wave A which was a triangle and is now in wave B which is a diametric.
It now appears to be inside wave e of B.
Wave A lasted about 53 days and was a triangle.
The time of wave B is expected to be at least equal to that of wave A, but because the pattern is diametric and more complicated than a triangle, this time may last until the 1.618 fibo of wave A, which means that the time of wave B may last up to 75 days.
It can drop by maintaining the supply range.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#BB/USDT is Ready to be sent!!Technical Overview and setup:
🔥 Inverse Head & Shoulders breakout at $0.51 confirmed!
📈 Targets: $0.65, $0.86
📉 Stop-Loss: $0.43
Technical indicators support bullish momentum. Watch for increasing volume to confirm breakout strength. Even if this pattern fails, SL is very small.
Good for both spot and leverage.
dyor, nfa
Please hit the button, Thank you
#PEACE
BB analysisIt looks like a big triangle is forming, we are now in wave E of this triangle.
The red area is where we look for sell/short positions.
If you enter a position, you must close it with a reasonable profit.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You