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Breadth Indicators

Bitcoin's Weekly Chart Analysis: Signals and Indicators 📈🔍Hey there, crypto fam! Let's dive deep into the world of Bitcoin with a look at the weekly chart. 📈 🕒 4 Weeks of EMA 200 Testing: Bitcoin's been doing this interesting dance for the past four weeks, where it keeps testing the EMA 200 (Exponential Moving Average). It's like it's checking for support, and so far, it's been bouncing off that level. 🙌 🔴 Bearish Signals Galore: Now, it's not all sunshine and rainbows. Those red dots and that ominous red cloud hanging around are telling us there's some bearish sentiment in the air. It's like the market's giving us a little wink and nudge, hinting that it might not be all smooth sailing. 😬 📏 Price Squeeze: There's this fascinating thing happening – it's like a price squeeze. Imagine a spring getting coiled up tighter and tighter. This could mean a big move is lurking around the corner. 🔄 📉 RSI Bearish Divergence: Our trusty RSI is showing a bearish divergence, but here's the catch – it's still on the positive side. It's like a tug of war between the bulls and the bears, and right now, neither side has a clear upper hand. 🤼‍♂️ 📊 MACD Cross: The MACD, another one of our favorite indicators, has had a cross, but it's also on the positive side. It's like two friends giving each other a high-five, but they're not quite sure which way they're headed next. 🤝 So, what's the bottom line? Well, the weekly chart is painting a picture of uncertainty. Bitcoin's testing support, but the bearish signals and divergences suggest caution. Keep an eye on this coiled spring – a big move might be just around the corner. And as always, stay sharp and trade wisely! 💪💰
INDEX:BTCUSD
by sailortrades
2
Potential Long Awaits For MRNAWait for that big green candle Appear. Pattern Analysis: We will perform a detailed analysis of MRNA's past performance, including its price movements, volume, and other relevant factors. Our goal is to identify patterns and trends that could indicate future price action. Trend Lines: One of the most common tools used in pattern recognition is trend lines. These lines connect a series of highs or lows and form a channel that helps predict future price movement. We will draw several trend lines on MRNA's historical price chart to identify potential areas of support and resistance. Breakout Scenario: Our analysis reveals a clear uptrend in MRNA's price over the past year, which suggests that the stock is likely to continue growing. However, we need to confirm this hypothesis by looking for signs of a breakout. A breakout occurs when the stock breaks above a previously established resistance level, indicating a change in the overall trend. Long Idea: Based on our analysis, we believe that MRNA has the potential to experience a breakout and continue its upward trend. Specifically, we are looking for a scenario where the stock closes above the upper end of a previously established trend line. This would indicate a shift in the overall trend and potentially signal a continuation of the current upswing. Position Sizing: When implementing this trade, we recommend taking a medium-to-long position size. This allows us to ride out any potential pullbacks while still maintaining a significant allocation to the stock. Stop-Loss Management: We will set a stop loss at the previous day's low, which will act as a buffer against unexpected losses. Additionally, we will monitor the stock's volatility and adjust the stop loss accordingly to avoid excessive risk exposure. Exit Strategy: Our exit strategy will involve closing the position once the stock reaches a predetermined target price or when it experiences a significant correction. We will also monitor news and events that could impact the stock's performance and adjust our positions accordingly. Conclusion: In conclusion, our analysis indicates that MRNA has the potential to continue its upward trend. We believe that the stock offers a promising entry point for long positions. Please do your own due diligence before taking the long position.
NASDAQ:MRNALong
by stocktechbot
URA vs. U308 Futures ~ Snapshot TA / Uranium Bull IndicatorPerformance comparison between Global X Uranium ETF versus U308 Futures. One of many Momentum Indicators out there that track Bullish movements in Uranium Sector. Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying.. You might have a good ol' fashion Uranium Bull run on your hands. Boost/Follow appreciated, cheers. Futures: COMEX:UX1! COMEX:UX2! ASX ETFs: ASX:ATOM ASX:URNM US/OTC ETFs: OTC:SRUUF AMEX:URA NASDAQ:URNJ AMEX:URNM
AMEX:URALong
by BlueHatInvestor
3
QRTEA is in a bottleneckIt appears QRTEA is facing a bottleneck once we draw the bollinger band on a weekly basis, meaning low volatility, this situation usually do not take too long before it starts to widen up. We have a positive EMA Cross which can be considered as a bullish signal. If we take both indicators together, it may be possible to expect a maeaningful ride on price during these days or weeks. Finally we know Michael Burry invested over $1.5M on this company during 2Q 2023 at $0.99, so he was (or is) optimistic about the future of this company at that price, thus considering the current price (which is 14% lower vs Burry's), is a great opportunity to capitalize on this. Stay alert. Support: 0.80 Resistance: 1.2
QLong
by amateur_trad3r
OverboughtLike many shares today the stock is overbought and a correction is long due. Yesterday we've seen a desperate attempt to reach the February high again. But neither this nor the January low could be reached again. The bulls have run out of velocity immediately. The upper range of the Donchian Channel is an additional resistance to be overcome for a continued rise. Yesterday we had opened with a window which is still open and has to be closed again. But I admit that the window may support the price for a little wile so that there may be 1 or 2 sideward days now. All in all I support the idea of a correction to begin soon. The weekly Fibonacci levels and the VWAPs also support my idea, By the way, if the day ends with a Hanging Man this will be a good signal for a beginning correction.
NYSE:CIShort
by motleifaul
CVNA possible price action on 7/21Shorted CVNA when it broke support at $50 after a huge leg up on Wednesday. Looking ahead to Friday, VWMA and MACD on 15m chart could flip positive during early trading - pushing price up along the edge of the cloud - before hitting heavy resistance around $48.30. If the price follows the dotted arrow pattern, it may drop significantly before close or after hours. Price went down slightly during after hours trading on Thursday and could crash to <$40 at open. The catalyst Friday will be whether dilution news is released, and if so, when. Going to watch closely in the morning before buying more puts, but overall I'm pretty confident that CVNA will continue to decline through the next week. Expecting price to stay in the $38-$48 range 7/21.
NYSE:CVNAShort
by ap769
Indicators that can identify trends: MS-Signal indicatorHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKUSDT chart) The composition of the chart consists of price and volume. Therefore, chart analysis can be interpreted differently depending on how you interpret price and volume. First of all, if you look at the price part, you can see that the trend and various indicators were created based on price candles and moving averages. Therefore, it will be difficult to interpret the chart as the concept of the arrangement of the candles and the price moving average is not established. The array of price candles, that is, the high and low points formed by connecting the candles, draws each trend line to check which direction the current price movement is moving. However, it is necessary to be careful because it is difficult to find the highs and lows of a low time frame chart, so it is possible to draw an incorrect trend line. A false trend line means that you drew a trend line, but did nothing with it. The more false trend lines you have, the less information you can get from chart analysis, and the trading strategy created with such reduced information loses its usefulness, so you need a solid basis even when drawing a trend line. With a firm basis on how to draw a trend line, we will have time to explain in detail later on how to draw it. The MS-Signal indicator shown in this chart is an indicator that can confirm the trend by using the formula of the MACD indicator. Therefore, it is necessary to become familiar with the interpretation method using MS-Signal indicators before practicing drawing trend lines. The MS-Signal indicator utilizes the formula of the MACD indicator. If you look at the formula of the MACD indicator, you can see that it was created using a moving average. Therefore, if you understand the concept of moving averages, I think you will have no difficulty in using the MACD indicator. MS-Signal indicator consists of M-Signal indicator and S-Signal indicator. Therefore, an arrangement of M-Signal indicator > S-Signal indicator means that it is in an uptrend. During this uptrend, if the price candle holds the price above the MS-Signal indicator, it means that the uptrend is likely. We have also explained indicators that use volume to mark support and resistance points. That index is the OBV index included in the HA-MS index. The OBV indicator is an indicator that shows the change in trading volume due to price fluctuations, and the key point of the OBV indicator is 0. Interpretation of trading volume can be difficult to understand, so we will take time to explain in detail when the explanation of the price chart part is being finalized. In this chart, the 'Vol & Trend' sub-indicator includes indicators that utilize trading volume. What I want to explain this time is about the MS-Signal indicator explained above. Since the MS-Signal indicator is published in the trading view formula, you can look it up if you want to know the formula. (HA-MS indicator) MS-Signal indicators are composed of M-Signal indicators and S-Signal indicators. Among these two indicators, the key indicator is the M-Signal indicator. Therefore, it is designed to display M-Signal indicators of 1M, 1W, and 1D charts separately. Utilizing these indicators, it plays a role in showing the overall trend of the price chart immediately even if it is below the 1D chart. (4h chart) The 4h chart above is a chart set to display only the M-Signal indicators of the 1D, 1W, and 1M charts. If the M-Signal indicators form a regular arrangement (1D > 1W > 1M), you can see that there is an upward trend from a long-term perspective, just by looking at the 4h chart. These marks can reduce the time it takes to analyze a chart because it can shorten the viewing time when viewing multiple charts. It also reduces the chance of getting caught in a whipsaw by price fluctuations. Chart analysis is just analysis, you need a trading strategy to trade. Chart analysis should focus on finding support and resistance, as it is possible to find support and resistance points by analyzing the shape of the chart in order to create a trading strategy. As mentioned above, all you need for chart analysis is the shape of the candlestick and the concept of the moving average line. Therefore, if this concept is in place, all the indicators shown in this chart are unnecessary. However, chart analysis can take a long time, and it is recommended to use indicators that are basically reliable even in order to reduce psychological agitation caused by whipsaw-like volatility. Descriptions of the MS-Signal indicator have been published several times. Therefore, after candlesticks and moving averages, the indicator that must be familiar to the eye is the MS-Signal indicator. This is because I think there is no better indicator than the MS-Signal indicator to find out the trend of the chart. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
Education
by readCrypto
1
OPEN breaks out. Can it continue?OPEN a disruptive company in the residential real estate sector as shown on the 1H chart has continued out of a pullback. Is the continuation sustainable? I believe that inflation has become imbedded into the economy. Banks have survived the crisis with federal support and action. The Z score and relative trend index are impressive with the present indications. In an abundance of caution, the mass index is approaching the reversal zone above and could be somewhat predictive of a potential reversal. Moreover, the anchored VWAP lines with an origination ten trading days back shows price at three standard deviations above the mean VWAP. Overall, I believe that I should not enter a long uptrend this far into its extension when there are signs based on technical indicators. Instead, I will watch for another pullback or actual retracement.
NASDAQ:OPEN
by AwesomeAvani
SPY: FLUSH OR RALLY / MARKET BREADTH / MARKET MAKERS TIMINGDescription: In the chart above I have provided a semi-macro analysis of SPY that compares ongoing market rally and past rallies within the range of 420 & 360 Points. Points: 1. Price Action is fast approaching 420 Resistance that has been indicative of a turn around for past 4 rallies that failed to break the 420 LEVEL. 2. First 2 rallies under the 420 Level showed signs of congruence when it came to market breadth and price action. 3. Last 3 rallies including current one has shown divergence with market breadth along with a distinct pattern of consolidation that is followed by a sudden drop in price action. 4. It is important for price action to have another leg even if current uptrend is continued. First Price Target: 404.64 Bouncing Support Second Price Target: 400 Critical Support Market Breadth: 1. Showing strong signs of divergence with average price action continuing to rise. The Tech Sector is mainly responsible for the upholding of this rally with giants like AAPLE, NVIDIA, AMD, AMAZON, META, & GOOGLE fighting against bearish momentum. 2. For the majority of US INDICES Tech companies like AAPLE, NVIDIA, AMD, AMAZON, META, & GOOGLE represent a large majority of the holdings within many US INDICES. So it is no coincidence for why market breadth may appear weak when only a couple holdings are contributing to rallies meanwhile a large majority of the holdings are in the red. 3. Market Breadth Levels of 4200 have been indicative of volatile declines in price action in the past with an average incoming 10 POINT DECLINE over a day or two. FULL CHART LINK: www.tradingview.com AMEX:SPY
AMEX:SPYShort
by DGSTBROKERACC
BNB Bias for the dayHow i started this market (Overall Trend is on a Rising Wedge D TF) Checked my 4H tf and its on my Support TL and on top my 20EMA (Symmentrical Triangle) On my 1tf it formed a H&S. but due to volume i am not confident on the pump but if it goes my entry is set on a retest to the neckline All Ema above the Candle if it Breaks down i will wait for a retest on my Support trend line for a ride to hell INDICATORS Hull Suite : 1H hull ind. breakout to the Green Fair Value Gap: Two FVG to cover up liquidity On Balance Volume: OBv on a side ways movement(No volume)
by lorenzoruiz1
$DNA Possible Accumulation. Fib levels very reactive.A pretty compelling argument for a classic Wyckoff Accumulation pattern. We know some people like Woods are investing heavily into this market, so it's not a long shot to assume there are others. Whether we see a spring or LPS our way up to SOS is TBD, we could shoot in either direction as it stands. PTs are at $7-$15 according to analysts. This seems to line up with extensions. OBV shows each consecutive low on the PA is higher on the OBV. This is a great indication of an increase of strong hands ownership. Overall, I think I am mostly bullish at the current level. Should we happen to dip lower for a spring, I will significantly add to my position.
NYSE:DNALong
by Tripcrypto1
1
Hunting Breakouts with Bollinger Bands and OBVThanks to zAngus for the idea, here is a simple trading strategy that uses two tools: Bollinger Bands and OBV to find moments when an asset's prices can increase or decrease. First and foremost, please note that this explanation is simplified and only covers the basics. Each individual can develop their own settings and adjustments according to their own preferences. Imagine that you are looking at a price chart of an asset. This chart shows how prices have changed over time. Sometimes prices go up and sometimes they go down. The trading strategy we are going to show you can help you find moments when prices are about to change direction. - Bollinger Bands are lines that show a zone where prices of an asset are likely to stay. These lines have two parts: a middle line that shows an average of prices and two other lines that show the zone where prices should be. The lines widen and narrow based on the volatility of prices. - OBV (On-Balance Volume) is another tool that measures whether more people are buying or selling an asset. If more people are buying an asset, OBV increases, and if more people are selling an asset, OBV decreases. Now, here is how we use these two tools to find moments when an asset's prices can increase or decrease: 1. First, we wait for prices to stabilize for a certain amount of time. This means that prices don't go up or down much during a given period. 2. Next, we look at the Bollinger Bands to see if prices have reached the upper or lower limit. If prices exceed the upper limit, it may mean that prices will increase. If prices fall below the lower limit, it may mean that prices will decrease. 3. To confirm what we have seen in the Bollinger Bands, we look at the OBV. If OBV increases or decreases at the same time as prices exceed the upper or lower limit of the Bollinger Bands, it means that more people are buying or selling the asset, and this reinforces our idea that prices will increase or decrease. 4. We enter the market by buying or selling the asset based on whether we think prices will increase or decrease. 5. We exit the market when prices reach the opposite upper or lower limit of the Bollinger Bands or an important resistance zone. This is a simple strategy, but it can help find moments when an asset's prices can increase or decrease. Remember that you must always use good risk management to avoid losing too much money if the market doesn't follow your forecast. Please note that this Bollinger Bands and OBV breakout trading strategy involves risk and is intended for educational purposes only. Any investments made using this strategy are done at your own risk, and you should always do your own research and seek professional advice before making any investment decisions.
Education
by Julien_Eche
SPX head and shoulders with bad newsS&P formed a head and shoulders while bulls are overextended. So stocks had some downward momentum and then I mentioned if any bad news say the fed was Hawkish... which he was...stocks would drop.... which they have... I think this can go much lower now... If it drops below 392 I think the bull case is over. Note: I had posted this yesterday before the drop today but got hidden by mod as I think they thought I was using private/custom script/indicators which I clearly show this time I am not. Everything is public that I use and available in the public indicators. No private scripts have been used nor any public scrips have been modified. I just combined multiple indicators on same line using the object viewer which I believe is allowed.
CME_MINI:ES1!Short
by TheUniverse618