$SNOW Breakout on the HorizonSnowflake (A.I. data storage) NYSE:SNOW , has been trading in VERY tight range for over a month that is much smaller than its normal expected move, which is insane.
1. If it’s at a major support, than its breakout is to the upside (which I’m inclined to believe)
2. If there some crazy news about AI data storage, than it could break below the support.
I am more inclined to believe it’s the former. The point of control on the volume profile is $155-$160/share, so that’s where it is likely heading if it breaks out upward. NYSE:SNOW
Bolingerband
BTC/USD Fire the Engines!!!Hi ,there
In green the lines that we will go up and in red the lines that will find support
the game is hard .. I know!!
if you can't do some trades (small time frame) just buy and hold.
there aren't many options..
we know that in the future it will definitely go up and statistically it always seems that it will achieve this but it takes some time (maybe several months or a few years)
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shiba/eur the rise or the set?Hi Traders!
A quick update on shiba !!!!
If the price close up to 1259 then we will see very good returns!!
personally it is the number one asset in my portfolio
(of course there are others).
let's see during the weekend if he can surprise us..
Be careful and always do portfolio management and if you are not in a good mood then go for a walk or read some book!!
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The Good the Bad and the Neutral scenarioLet's all wish a happy new year!
Let's all see the ads for the super products
don't worry if you don't .. the company knows how to do it!
* Let's remember those in our local area who need to sell their products (or online) and buy some (good scenario)
* Let's see more ads without buying nothing (Bad scenario for now)
* Let's see what our favourite people do with smoke signals until the market gives us the up or down signal
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XRP The Fall of the RiseHello fellow traders!
In this analysis we will talk about the XRP
In short! very bad picture!!
still,
1. Cardano Founder Is Done with XRP (u.today)
2. XRP Supporter John Deaton Jumps into SEC v. LBRY Case
3. Ripple, SEC make final bids for a quick win in XRP lawsuit
4.
5..
..
...
and many more to be written!
while price falls Whales add more XRP amid rumors of lawsuit ending
interesting piece..
let's consider this scenario:
coin image is for sale
the price falls more
whales buy a big chunk then the value will rise
the whales sell at a profit and the price falls again and we are in the red... (the good scenario)
then let's wait a little longer and then buy
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KALA New Drug on the Street Hi Traders
We can't say much here!
As always history has shown us when a new drug goes on the market we have 3 scenarios:
1 we're going up (green path)
2 the medicine is not good we are going down (red path)
3 we don't know what the medicine is like until many people take it let's go sideways (purple path)
with all that is happening at the moment we are following the first scenario the probabilities looks good, but we will see as soon as the index open.
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eur/usd Someone is Fishing in the OceanWhen the candles go from big to small (trading volume) then something big is coming...
the chart shows that it is going down..
if the price closes below the strong support (after resistance) then some will make a nice bonus for the holidays..
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BNB/USDHello friends
Today we will see BNB/USD
We don't seem to have much traffic at the moment the price is stuck at the specific point of 282-284. Price should break 286-287 and go ahead to break 293 and hold 300 to be able to make a higher high
otherwise it will make 279-273 easy and we might see 270 as well and if he can't keep it we will see 260 or even lower low. I suggest that we do nothing for now
until we see some trend-volume on the charts .
.
.
Lower low : If the price of a security closes at a lower price than it did at the close of the previous day, which was also a low, then it is referred to as a lower low.
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HINDALCO INDUSTRIES LTD - Bollinger Band + MACD📊 Script: HINDALCO (HINDALCO INDUSTRIES LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500 / NIFTY METAL
📊 Sector: Commodities - Metals & Mining
📊 Industry: Non - Ferrous Metals - Aluminum
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is already giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 455.55
🟢 Target 🎯🏆 - 502
⚠️ Stoploss ☠️🚫 - 435
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Is the SPY carving out a bottom? A Bollinger and MA study. In this video I discuss the importance of the 3rd standard deviation from the 50 SMA on the SPY, QQQ, and NDX. Details in video.
TLDR:
The SPY has found itself at extremes: The Stochastic, the ATR, and the 3rd standard deviation (lower Bollinger Band) on the weekly timeframe all show this.
Pull up the weekly SPY, add the Bollinger Band - go to settings: change the period to 50 and the stnddv to 3, add ATR, add Stochastic, add the 50 SMA - these will paint a picture of the extremes
Study the corrections vs the crashes, 00', 08', 18', 20', 22' - ask yourself: is this a correction or a crash?
Consider the extremes and consider the history of corrections/crashes and how they uses these extremes.
I have heard this argument A LOT last week: " The NASDAQ and IWM are already at -30%.....if the SPY is to go lower that means the NASDAQ may go to -45% and THIS is not possible."
---> I beg to differ, but recognize the importance of the Bollinger bounce. Look at the dot com bubble and the housing market crash, extremes can be used as a trend line for extended periods.
Remember, nothing goes straight down or up, there is always trending days/periods and range days/periods. It is best to be able to quickly identify which type of day/period you are trading in in order to ultimately use your indicators correctly.
Although I remain in the bear camp, I am absolutely open to the idea of a huge massive bounce here before the 200 SMA is tested. This bounce may come with a test of the 50 SMA in the 440's - where is goes from there I am not yet ready to speculate on. Since though I am remaining bearish, I do see a higher probability of the 200 SMA being tested before the real rally to the 50 begins. Either way, I do expect a rally in the near term, news and catalysts aside.
Please watch the video for a more detailed look, and please chart this out yourself to draw your own conclusions.....as these are ONLY my opinions and NOT financial advise.
EU strong Bullish to 1.092 and then Bearish to 1.076Hello Friends
well i really hope you doing great in trading here its where we go there is rising wedge we did reach 1.087 and now will reach the roll great area to see bearish coming to 1.092 so stay bullish until that level 1.092 and watch sings of Bearish Volume coming soon at that level 1.092 hope you enjoy your trading Business with no losses at all
Thanks
chf is weakening and the yen is strengthening.I think the franc is weakening and the yen is strengthening. It should definitely fall according to the mentioned harmonic pattern. But it needs to go through red zones called PRZs and then reach its first target, the middle of the Bollinger Band. We can also mention the target of 120,913.
Long FBP.E 333.26
S.L 302.55
T.P 395.57
In this analyse we can see how the movement of the FB stock is inside a channel, and now we are in a lower spot. Adding to this, the fundamental Analysis suggest us that FB is waiting for the quarterly earnings, that are in a good forecast today.
For the technical analysis part we can see that we have a big volume in the pre-market inside. The two indicator with their convergence show that a change of trend is possible. However we aren't now to enter in the market but the volume that will be generate at the starts of the session of today can delete our position.
BE CAREFULL
no financial advise
BTCUSDTBesides analyzing the mid-term price trend, possible supports and resistances (as shown by Fibonacci levels) are presented .
The 38500k-41500k price range is a significant support zone because both EMA & Fibo levels cover each other, making it more valid. for a healthy price uptrend for bitcoin, we need a pullback to its support (in this strategy= EMA)
TRIASBTCevery time by bitcoin correction altcoins do the same behavior. in the chart possible targets for TRIASBTC are shown by Fibonacci levels. in technical analysis we can say if a Fibo level and a support or resistance cover each other, make that support or resistance a strong one.
MATICUSDTMATIC has broken out the trend line and also pulled back it, possible targets are shown in the chart.