SPX/ES likely relief bounce soonHello!
There will likely be a relief bounce somewhere around $3050.00 on $ES_F as that is around the level where the 200SMA intersects with a long-ish term trendline.
Bounce
SPX - Near-term Bounce Opportunity The SPX has fallen quite substantially, down approximately 8% over the last few trading days, but a relief rally may be just around the corner.
I would expect at best, a 50% retracement ($325) of the total fall, but being more conservative never hurt anyone, so a target of around the 38.2% ($322) fib level would be quite a feasible target in my opinion.
Whilst it is impossible to determine whether this is or is not the bottom, there are some signs that at least a relief rally may be staged from here.
- Bullish RSI divergence
- Well beyond 3 ATR on the daily (this is a less reliable metric)
- The significant gap between current price action and the key moving averages, particularly between the shorter-term trading moving averages and longer-term averages
Any near-term bounce trade after such a significant drop carries inherent risks, however nothing ever goes straight up or straight down indefinitely, nevertheless, position accordingly.
-TradingEdge
S&P Dead Cat Bounce?So I have shorted the S&P on the 4 hour due to this pattern:
Very nice break, and as you can see on the 4 hour we have YET to make a lower high swing in this downtrend move. Trends are composed of multiple swings.
I do like what I see on the daily chart. When an instrument has moved down close to 3% in a day, it is likely over extended. I can see a bounce here before a move down lower forming our first lower high swing on the daily chart and also a head and shoulder pattern. So a dead cat bounce perhaps on the cards here. But to me, it is just plain old market structure.
LONG - CVC - Trading OpportunityLooking into jumping into this retest, sell volume dried and looking like quite the spot here.
Entry: 0.00000314
Target 1: 0.00000346
Target 2: 0.00000375
Target 2: 0.00000395
SL: 0.00000298
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LONG - APPC - Trading OpportunitySame setup as $YOYO things looking promising in this daily double bottom.
Entry: 0.00000364
Target 1: 0.0000398
Target 2: 0.00000419
Target 3: 0.00000439
SL: 0.00000342
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Will USDCAD bounce down?USDCAD is at key level where it may bounce down, due to historical key level that price has bounce off it multiple time.
Looking for a breakout is where i will open a sell position.
LONG - VIB - Trading OpportunityA retest of the previous consolidation on the daily chart.
Entry: 0.00000233
Target 1: 0.00000256
Target 2: 0.00000272
Target 3: 0.00000288
SL: 0.00000224
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
LONG - POLY - Trading OpportunityDescending channel about to breakout.
Entry: 0.00000254
Target 1: 0.00000275
Target 2: 0.00000288
Target 3: 0.00000299
SL: 0.00000241
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Btc/usd and Eth/usd catch the knife bounce signalI know we are in a Bull trend, but don't see it this week coming very fast.
With lower highs and higher lows ?
The expected BYBIT:ETHUSD bigger dumb because of the Open interest over 1 Billion and the high funding for longs paying shorts still have to come.
Buy ETH between 180 and 182
Targets 184, 185,187, 188, 189, 194
Stop 178
20X leverage
Buy Btc between 8955 and 9040
Targets: 9145, 9200, 9340, 9400, 9600
stop 8740
small cross leverage
LONG - ATOM - Trading OpportunityNice bounce and awesome volume, looking like we will get some upside for now.
Entry:0.0004633
Target1: 0.0005117
Target2: 0.0005482
Target3: 0.0005817
Stoploss:0.0004373
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Gold Go Up.Gold is approaching the support.
Looking for a candlestick bounce closing above the support for good buy.
UJ Going Up, Preparing for NFP...Price has been bouncing off support and resistance multiple times.
Critical and Minor Level Tested.
EMA 50 Sloping Upward.
Price Above EMA 200 with possible retest.
BTC to 16k.Expect a rebound with strength in this red rectangle; OR a fall to or around 8180.
First stop 9049
Second stop 8974
Third stop 8899
Rebuy 8180 or before with signal
Falling to 7400 still in option
XRPBTC Linear Regression Bounce PointXRPBTC is at a critical junction in its strong down linear regression trend journey, looking for a bounce.
BULLISH on RLCRLC has a kumo -restest on the daily which went all the way down to the Kijun and is bouncing!
Very bullish setup and moved in at 7000 sats looking to TP at 8200.
Stop below kijun.
Trade, Chart, Learn, Repeat
Coach K
A matter of bounce AUD/JPYThe trend ended up in a very tight corner. The price moved down to the support, and instead of going up and going to form a symmetrical triangle formation, it decided to suicide by dropping below the support line. Now is a matter of how many bounces is going to have during its descent.
LONG - KMD - Trading OpportunityLast drop volume was really poor, looking like sellers are done and bulls are in for the taking.
Entry: 0.0000668
Target 1: 0.0000729
Target 2: 0.0000805
Target 3: 0.0000887
SL: 0.0000631
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Trade Ideas Analysis: EURUSD S&REURUSD is entering a sideway bounce or to some, it is a rectangle formation. Either way, the market will get out form the consolidation in either way. Breaking and close above the resistance or below the support.
It does provide the countertrend trader with a great Reward: Risk if trader considers to Long the market.
Do your own analysis on this and to receive the levels I'm looking at, check out the link on my signature(3).
Oil on a short term BULL pump off trend line to $57Looks like we are bouncing off long term support of an older trend line. I have done a Fibonacci overlay to estimate a return in to the $57 region. This is not trading advice.
Will Price Break The Key Level?Price is at under key level.
Looking for fakeout and candlestick close above for positive buys.
Looking for fakeout but still close below for positive sells.
AUDNZD - The bounce is coming !As we can see the price is at the bottom of our channel where we are expecting a big bounce. We have great divergence to support our idea. Good luck to everyone!
BTC/USD - Did you buy the Retest? We did!Hello friends! We pretty much nailed it in our last trading idea for BTCUSD (linked below). As expected, the price touched our previous support, our key zone as well as our trendline at $8250 and bounced from here. After our confirmation level at $8380 got hit, we are long. The price is now back above the MA 50 (red line) and we might see another bounce.
Our target is located at our previous support from $8650 to $8750.
Congrats on those who followed the past two trades!
I will update you in this idea.
I'm also available on Traderlist if you want to follow and trade my portfolio of Crypto, Forex and Stocks.
Feel free to join our monetae Trading Telegram channel as well. The links are in my signature.
cheers,
cryptobuller
___
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
EUR/AUD bounce or a break today?!1-hour time frame, EUR/AUD is trending higher inside a rising channel and the pair is currently testing support. Aussie may have enjoyed a strong run from impressive job data in the Asian session, but it could return those gains to the euro if the ECB sounds more upbeat. Stochastic is indicating oversold conditions or exhaustion among sellers, too. If price action makes fakeout from daily pivot s3, SMA 100&200 and price admiring the rising channel's lower trendline (support) may be the first signals of bearish momentum fading off. This could be the chance for buyers to hop in and take back price up to the top of the rising channel around daily r1 of the pivot but before that, any major adjustments to price stability and growth targets could impact the euro during ECB release which must be taken care. Some analysts predicting that there could be more optimism surrounding recent economic data release. Breakout lower from all those above mentioned crucial areas of interest with strong bearish momentum can be a case if ECB mess up with its upcoming release which can boost the bearish bias idea on this pair!! Oh, and I will like to bet on bounce bais yo! What about you pals? Which team are you? Bounce or break? Feel free to share your ideas in the comment section ;)
