CRM: Its not all doom and gloom!!Saleforce
Short Term - We look to Buy at 168.45 (stop at 151.44)
They reported earnings with forecasted earnings rising despite strong dollar headwinds. This led to a jump in premarket and could provide impetus for further rise up. There is scope for mild selling at the opening but loses should be limited. Our outlook is bullish. Dip buying offers good risk/reward.
Our profit targets will be 222.00 and 240.00
Resistance: 185.75 / 224.00 / 260.00
Support: 168.00 / 140.00 / 115.00
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Bottomfinder
$FB Top/BottomUsing KioseffTrading's Tops/Bottoms indicator and it looks like it is setting up nicely with a 78.57% correct ratio. The data tables there show the % correct, which backs the data tested & provided. Due to bad earnings back in Feb. we saw a huge sell off and a bouncing range of 169-237 with an average of 217.
Top & Bottom Indicator with KDJ ConfirmationSimple Top & Bottom Indicator with confluence of the KDJ Indicator!
Long Entry Example:
-Background Switched from red to blue
-Buy Label Printed
-KDJ close above 50
Short Entry Example
-Background Switched from blue to red
-Sell Label Printed
-KDJ close below 50
SL Placement:
-Last Bullish/Bearish Candle of previous opposite chart background.
Risk to Reward:
1:2 (recommended)
1.1.5 (higher Winrate)
I coded it into a Strategy.
Suitable for the 1min Chart.
Bitcoin EMA200/RSILooking back over the history of BTC when price hits the EMA200 several things have happened:
1. 2018
*BTC hit $3122
*The RSI bottomed out and started to cross upwards
*Price danced around the EMA200
*The $3122 low was never broken after that point
*Price increased
2. 2020
*BTC hit $3850
*The RSI bottomed out and started to cross upwards
*A "V-Shape" recovery happened after hitting the EMA200
*The $3850 low was never broken after that point
*Price increased
Here we are in 2022
*Price hit $25,401
*The RSI has bottomed out and has crossed upwards
*Price has hit the EMA200 and is recovering
Will we see a "V-Shape" recovery or will the price dance around the EMA200 for a period of time?
Will the $25,401 low be broken?
Based on history I would guess that $25,401 is the bottom for this cycle
🚨Short-Term ⚠️POSSIBLE⚠️ Bottom Levels For #Bitcoin $BTC🚨After breaking the downwards trend to the upside, the $BTC price has crashed back down into the wedge, forming a small bear flag inside. IMO this is showing that the mid-term pattern that $BTC has been in will break to the downside. This will possibly be a big "fake-out" for bears and might cause some sort of a short-squeeze situation. In anticipation of that, I have charted out these possible bounce levels, ranging from ~$26K to ~$28K. I have done this, using the macro Fibonacci Retracement levels, the Fib levels of the most recent short-term wave, and 0.618 Fib levels which sit between 1 & 1.618 of each Fib Range in a "scaling down" method. (It was way too busy to leave on the chart, but imagine Russian dolls. 1 Fib range inside another, inside another, etc.)
Important "possible-bottom" levels:
$27,550
$27,071
$26,531
$26,200
$25,982
***This is my own opinion, based on chart data. Not Financial Advice!***
BTC 200 week MA at 24k when adjusted for monetary inflationWhen BTC is divided by the m2 money supply, we can see that current "REAL BTC" prices are not as far off from the 200 and 300 week MAs as it appears on the standard BTC/USD chart.
The drastic increase in the money supply has made a significant difference in how far off REAL BTC prices are from the 200 and the 300 week MAs as compared to previous market cycle bottoms.
This suggests that the true market cycle bottom may be higher than expected when basing it off the 200 and 300 weeks MAs. With the REAL 200 week MA currently at 24k USD, and the REAL 300 week MA currently at 18k USD. As opposed to 22k and and 16k respectively on the standard BTC/USD chart.
ES - Logical area for shorts to step back
200 DMA on 3D chart near 3840 should offer solid support could squeeze, but given how intense selling has been, I don't think the bottom in yet. One more R2G capitulation move below 3840 is what I think would take for a real relied rally.
Growth names started selling before the indices did, and now select a few growth names are showing strength, so I'd watch for follow through before Index catches up.
target 4020/30 on the current move, pullback and retest of the lows around 3860.
Where is Bitcoin bottom and how to plan your trade?Following the principles of vibrations, and the concept that market repeats patterns, here is analysis on BTCUSDT.
Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT crushed all dreams of people who kept an order for short at 70KUSDT levels, nevertheless, few made it possible and quickly booked profits. Most of CT influencers like Plan* and many others thought it would cross 100KUSDT , a slow clap and a big laugh, now everyone is crying, many of them got liquidated.
Crypto is hard on people who hold, and that is why RSI is your best friend. RSI on bigger time frames gives you many options and many days in advance to plan your trade. A stop loss, perhaps is crucial and crypto allows you to trade both ways, a long and short both can make you money.
Now coming back to the point, market repeats patterns, even if it does not it can give us a range, perhaps some levels and we can plan trade based on them.
Now Nov 10th, 2021 started downtrend, based on Falcon Waves (I have written about it many times, I will keep target for 5 waves down.
Before that, we had a top on 14th April 2021, when price of Bitcoin was 64986 USDT , and then after 5 waves down BTCUSDT resumed its move up based on Falcon Waves.
Important dates and difference between them is analysis that we need here, and then we will add Falcon Wave Theory and get the final result.
Falcon Wave runs in ABC followed by accumulation phase. Wave C has 5 internal waves that started on 14th April, we will first understand Gann Analysis, and time period difference and try to find some coorelation on current market conditions and draw some reference and add Falcon Wave Theory for current Market to find Bitcoin Bottom.
We had a top on 14th April 2021, when price of Bitcoin was 64986 USDT
14th April to 25th April (WAVE 1): 11 Days
25th April to 10th May (Wave 2): 15 Days
10th May to 19th May (Wave 3): 10 Days
19th May to 15th June (Wave 4): 27 Days
15th June to 21st July Wave 5): 36 Days
Important to note that Wave 3 and Wave 5 completion was about 63 Days.
The ration here is almost constant at 1.36
More on this:
11/15 = 1.36
15/10 = 0.67 (This is almost half of 1.36 (1.36/2=0.68))
10/ 27 = 2.7 (This is double of 1.36 (1.36*2=2.72))
27/ 36 = 1.33 (almost equal to 1.36)
Here , simple observation is that 1.36 ratio has been constant for top and bottoms of wave c which was 5 waves down.
Now using same method to find current market conditions.
Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT,
10th Nov to 4th Dec (Wave 1): 24 Days
4th Dec to 27th Dec (Wave 2): 23 Days
The ratio here is 1.04
24/23: 1.04
If wave 3 is half ratio that is 1.04.2 = 0.52
23/x=0.52
x=23.0/0.52=44.23 days, therefore Wave 3 should finish by 44 days, that will be
27th Dec to 9th Feb 2022 (Wave 3): 44 Days (This is expected date)
Similarly, Wave 4 will be double ratio of 1.04, that is 1.04*2 = 2.08
44/x=2.08
x= 21.15 days
9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days (This is expected date)
Similarly, Wave 5 will be almost equal to original ratio of 1.04,
21.15/x=1.04
x= 20.3 days
18th Feb 2022 to 10th March 2022(Wave 5): 20 Days (This is Expected Date)
So, next date for trend change dates are (for completion of 5 Waves down):
10th Nov to 4th Dec (Wave 1): 24 Days
4th Dec to 27th Dec (Wave 2): 23 Days
27th Dec to 9th Feb 2022 (Wave 3): 44 Days
9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days
18th Feb 2022 to 10th March 2022 (Wave 5): 20 Days
Dates to watch, 9th Feb, 18th Feb and then 10th March 2022
Base don Gann analysis, 28th Jan 2022 also happens to be start of trend change, which should eventually complete by 9th Feb where Wave 3 gets completed, perhaps a drag of Wave 4 ends by 18th Feb and then 20 days to finish Wave 5 by 10th March
All this sounds long, boring and slow, however this is fast. This will be quick, and will liquidate many unless you learn Gann Analysis, may be read his books.
Some other dates that I will watch, 28th Jan, 24th Feb and 1st April 2022
What can be final bottom then?
Based on Falcon Wave C targets, we are looking for target between 26000 and 22400, if we plan to trade, may be keep some bids around 22400 levels with tight stop loss. Trade at your own risk.
By when can we expect this?
Wave 5 should end by 10th March 2022, if we reach target before this then we can look for placing orders for longs.
What are Wave 3, 4 and 5 targets?
Wave 3 should end before 26600
Wave 4 should end before 42850
Wave 5 should end before 22400
All these prices are marked.
Please note this analysis is not based on price action, and this is data based on on Gann Analysis, moon cycle and geometry with Falcon Waves.
Retweet / share if you find this interesting.
How to plan your trade?
Use trend based indicator like super trend, that is available on Trading View. You can trade once you have confirmation. Once there is confirmation you can place your order, following these dates will help you to plan.
There are some other methods that I use for trading, like Price Action, break of key level area, Elliott Waves (not much) as I have replaced it with Falcon Waves (Works much better), and also Gann analysis, moon cycle, market geometry that can guide us.
Take this article as one of key methods that can help you plan your own methods, and find answers in market vibrations.
The Bulls are in Control! 😀Hey Traders,
As you can see on the daily candles of Litecoin (LTC). The All Candlestick Pattern has revealed there was a candle with a long longer shadow. This is when the bulls bring the price action to a lower close of the bears sell off indicating control of the bulls. Very good chance to buy in!
Safe Trading,
-Pulkanator
Bull Run for NAS13000 area confirmed as a bottom/Strong support.
HR1 chart showed bulls reversal potential buy , 4HR Chart potential buy. Bulls are taking over; anyhow should be able to see big bull run in history.
After that fall from the Ukrainian Russian war. Nas has now experienced of the event.. don’t miss this buy opportunity.
If the resistance break; road to recent ATH
IF recent High break; road to new high(180000)
If the new high break then we will see even higher.
Feeel free to follow and like it up, I won’t bite hard(;
If I miss something please yourself of the corrections of your opinion or create your own analysis.
BULLS STRONG REVERSE BOTTOM CONFIRMED Big fall and crash of the history even russia attacked Ukraine during the invasion. Somehow now nas searched the bottom and found the bottom nearly 14000 area, what this means? Since nas fulldown the wedge then should be able to hit 20000 this year, over than that could be possible. This is my idea 25 fold will be the 2nd target this year or next year in 2023.
It’s MOOON TIME!
XRP & Going Over the Falls (w/Bitty & the SPX)Flash wicks engulf!!
Been saying this since we had our last liquidation. I'd love to see a "V" bottom and scalp it (possibly Monday / Tuesday) "IF" the SPX 200 EMA holds support and makes a relief / rebound.
Again, NOT investment advice here and DYOR.
Stay frosty!
FB
BTC - Can we call a bottom? Maybe... here's why.Our recent downtrend line (dashed red line) has been caused mostly by interest rate hike fears (and Matt Damon...), and on January 20 we ran straight into that downtrend line with an RSI at 30 and a down swinging MACD. Stock market risk assets still selling off, Russian bank suggesting a ban of crypto, etc. There was some support around $41k and we were already below the main moving averages, but support in crypto is fickle and risk-on markets are rarely the first to buck the trend when the Fed is changing hawkish.
This week is different. Rate hike news has more than run through the market and oversold indicators are ringing. The last two times we saw an RSI like this (mid teens a few days ago) was May 2021 and March 2020, both times just before explosive upswings. The MACD is in an upswing and we're way below the 200 day MA. The stock market is showing signs of an oncoming bear to bull reversal (see the the semiconductor charts, and follow Google's earnings this week). Crypto miners are moving from Russia just like they did with China.
And look how far back this trendline goes...
I believe our next leg down would hold in the 29-32k range, but I think it's time to add starting now, and thats what i'll be doing. I think the long term bears at this point are either betting on $30k or $0, so they're all-but washed out by this now. Usually I'd wait for a double bottom, but soon after we break this downtrend, I believe its going to be a strong swing up fueled by everyone from retail investors to big banks. Might be the swing that takes us to new ATH, so I'll risk a 10-15% further down to hold the possible 100-200% upside.
**NOT INVESTMENT ADVICE etc etc. For all I know, Putin invades Ukraine and WW3 sends markets into the dark ages.**
BITCOIN IS IN VERY GOOD PLACE TO BUY ! 🔜🔝✔️Hello everyone,
Bitcoin is down 42% It's a very good time to invest.
If this is the moment of a price rebound, the profit can be very large.
I consider it a safe entry, as whales and large companies (such as Microstrategy) have their average in these areas.
The price may also go down which is very real but not to below 28k.
Then we shouldn't worry, because the decline will be insignificant compared to the profit.
Percentages described in the chart, calculated up to the last ATH. This isn't the end of the "bull market" and we expect 100k.
We're in good places! The presented indicator (BITMEX Funding and premium index) shows it the best, which says that it is time to invest.
The next such situation will be at 60k.
Comment and like,
Grreetings
$PLTR INVERSE H&S? BOTTOM?Palantir $PLTR could have found bottom possible INVERSE H&S pattern on weekly needs to get back over 18 to confirm a pattern within then next 2 candles (weeks) needs to hold above $16 or further downside risk
Omicron BUY alert!Buy anything that has a good price according to the companies value (look at price targets) and/or your own opinion. Plus your favourite companies and some of the very beaten down ones too, as long as they don't go out of business anyway! But that's obvious.
OK, tech is still overpriced, so the SPY could even correct back (or go sideways for long) while biotech, REITs or whatever that was undervalued so far - can go UP.
Real pandemic (science) or hyped plandemic (you have the right to believe anything) :D whichever you believe in, doesn't matter in this regard.
Sure, more and more cases, much faster spread...right? This is all good news though, as this new variant (Omicron) is more likely our real hope to get out of this whole Covid situation by "letting it" (figuratively speaking) spread so wide, almost everyone would get it, and that's the point, as this weak variant is much-much less likely to cause serious harm as the others we had before and so far. This way all, even the unvaccinated will develop immunity (even though some will die) and as a population in terms of survival... so, this is how we can most likely come out of the problem in the fastest way with the least casualties. This is math I'm talking about, so don't even try to go back to that fear mongering state of mind you see from the media.
This is the scientific consensus each time on that a virus is a very potent cr and it's goal is to spread and NOT to kill. And as it's very rapidly gaining in all aspects: it gets more transmissible and less harmful, finally becomes like the average flu! And that we already know and live together with for ages now! Case solved. Economy BACK.
Ted Bauman got me thinking when he was sharing data on S.Africa the other day and said "lots of cases, zero death of children" or something like this, but the implications of this cut my attention.
So, wake up everyone! We have a bright future!
PS: buy the ones that no one is interested in buying now. Like IVR, OBSV, HEXO, TXMD or even RSLS, WISH, oh and LMND is very good! Consider Lemonade, I wrote about them already. Plus even BABA in China is going to be OK and just fine in the future. And just so you know, I'm a BTC lover and a Tesla fan too. I liked IBM also, the same way in the 1999/2000 and 2001 period. And so on for an other 5-7 years (and ever since). Because they were the best, the top, that's it, end of story. Still, you understand now why it wasn't a good investment between 1999-2008 or so, I don't remember now exactly, but you get the idea. Yeah OK, history doesn't repeat itself. But often can rime! And with what Ted says, it could be a perfect harmony. (ha-ha plus he plays the guitar)
Technicals: look good too. Get yourself up and join one of the "Buy The Dip" crowds. According to what we learnt from David Frost, this is a buying area (for some stocks). But it's Your responsibility to determine for which ones.
Trade safe, but even better: invest.
Oh and change it to the 100 Day MA please!
Adani Port ? What to do in this falling market ???Adani Ports and Special Economic Zone Limited
Trend Analysis:
After a fall on March 2020 due to Covid-19 stock is in uptrend and showing a resistance on two point on high of 9th June 2021 and 18th Oct 2021 From where stock has given a strong reversal.
On down Side It took support on 17th June 2021 and since then it has taken support with that trend line . It has made 5 bottom since 17th June 2021.
Now, since last swing from 30th Nov 2021 to 10th Dec 2021 stock has taken a reversal from resistance exactly at 61.8% of fibbonaci levels. RSI is also in Oversold zone below 30 in 1H time frame expecting a bounce back.
Now I strongly believe that stock can further tumble to it 78.6% of last swing and that would be a turning point of Stock where it can take support on it’s trend ( 6th Time) and can bounce back to its immediate resistance at 775.
So 715-710 would be a good buying opportunity which has a stop loss below its support at 678 for the target of 775 (Risk Approx 37 Rs . and Reward Approx 60 Rs . Per Share)
$APPS - Digital Turbine Inc. LONG setup$APPS went through a 50% correction from the last high and even closed the gap from august 31st.
If we see a bounce in the tech market I would think that $APPS might perform very well.
This is NOT a longterm hold and investment at the moment, just a swing trade, so strict profit taking is advised!
Buy In: Now
Stop Loss: we literally pick the bottom here, so the stop has to be the low of the last candle at around 46$
Take profits like you see them in the chart
VIX Multi-ToolHi and happy Monday to everyone :)
This educational post is about VIX and I will present one way how to use it for trying to catch bottoms.
Let's start with little introduction: What is VIX?
The VIX is an index run by the Chicago Board Options Exchange ( CBOE ), that measures the stock market’s expectation for
volatility over the next 30 days based on option prices for the S&P 500 . Volatility is a statistical measure based on how much an
asset’s price moves in either direction and is often used to measure the riskiness of an asset.
VIX is often called 'fear index' because investors use the VIX to measure the level of risk, fear, or stress in the market when making
investment decisions. The higher the VIX goes, the more volatile price movements are expected.
Most traders know about VIX and there are many ways how to use it. But in addition to so called regular VIX (30 days), CBOE also calculates VIX
for different time-periods: 9-day, 3-month and 6-month. These are all plotted below S&P 500 index on chart above. I got this idea several years
ago from well known trader and author Alexander Elder.
Logic behind plotting these 4 different VIX indicators is pretty simple. Usually, the longer the timeframe, the higher the VIX . This is like
buying insurance - more things can happen in longer timeframe so 6-month insurance is more expensive than 9-day insurance . Same goes with VIX .
During panic sometimes shortest (9-day) VIX shoots above longer timeframe indicators (1-month, 3-month and 6-month). Then things will become
interesting. If this happens then it is not sustainable (for long periods) and market bottom could be near.
At chart above I have highlighted all recent occasions when shortest VIX (9-day) is above all the rest. I have excluded signals that have happened
below 20 because usually VIX below 20 is normal level. But as always, it can vary and depends from market context.
This indicator has had tendency to catch at least short-term market bottoms and there are many ways how to use it. Here are some examples:
1) Buy when shortest timeframe VIX (9-days) rises above others and then returns down again.
2) Add Keltner Channels or Bollinger Bands around them - signals could be lines breaking out of channels and then re-entering for example.
3) Combine VIX signal with some price action setups.
Or something else - trading is a little bit like art where you can be creative!
Please keep in mind that I have not back-tested this idea. In my own trading I use it as one tool of measuring market environment and it helps me
to adjust my day-trading style during volatile times. Intraday I pay attention to these lines even below 20 i.e. I will be alert when shortest (9d day)
line rises above VIX (30 day).
Feel free to play around with this idea if you find it interesting and suitable for you. As always, DYOR (Do Your Own Research) before deciding
to use it with real money.
I've added several additional charts with examples to this post.
Thank you and enjoy your trading :)
$APPS Digital Turbine at critical levelsDigital Turbine ($APPS) got smashed down right on the 200 day moving average, after earnings.
We have kind of a triple support here, the 100EMA daily, the 200SMA daily and the 50retrace from the last run.
If this level holds for a support, we might see a sharp rallye of this levels, $APPS is a very strong performer, when bids are coming in
If $APPS cant hold this level, watch for 65$ as support.