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Bullbear

ELF, THE BEST CHRISTMAS MOVIE, SAAAAANTAAAAAAA!Really nice trends and price targets defined on this chart. No idea what this coin is. But technicals only, it looks like a really good buy. Support is building at looking to potentially take off for a decent gain, before falling back to trend, which can spark the potential for another big gain. I drew a line to represent something similar to what I'm seeing, but you don't want to follow this line, it will likely be inaccurate and is better for me to backtrack and remember what was going on with each chart at different times. I wouldn't hold any higher than 2.3 or so for sure, but I have a hard time saying it will get there before Nov or Jan of 2024. But.. It is a very real price target for this coin. The downside, percentage wise, is huge. So be careful and watch for a trend break. Price target marked. Feel free to ask if questions I know I keep these a little quick on the discussion, but I try to make my charts pretty self explanatory. I'm trying to make a lot of charts for earnings, potential market crash and more. I'll link related ideas.
CRYPTO:ELFUSDLong
by nicktussing77
What is Dow Theory?The Dow Theory is a financial concept based on a set of ideas from Charles H. Dow‘s writings. Fundamentally, it states that a notable change between bull and bear trend in a stock market will occur when index confirm it. The trend that is recognized is considered valid when there is strong evidence supporting it. The theory states that if two indicators move in the same way, the primary trend that is identified is genuine. However, if the two indicators don’t align, then there is no clear trend. This approach mainly focuses on changes in prices and trading volumes. It uses visual representations and compares different indicators to identify and understand trends. Dow Theory: The Dow Theory originated from the analysis of market price movements and speculative viewpoints proposed by Charles H. Dow. It served as a fundamental building block for technical analysis, especially in a time when modern software-based technical analysis tools did not exist. Robert Rhea’s book “The Dow Theory” thoroughly explores the evolution and significance of the theory in speculative endeavours, closely examining the Wall Street Journal editorials written by Charles H. Dow and William Peter Hamilton in the 19th century. This theory represents one of the earliest efforts to comprehend the market by considering fundamental factors that provide insights into future trends. The main version of the theory primarily focuses on comparing the closing prices of two averages: the Dow Jones Rail (or Transportation) (DJT) and the Dow Jones Industrial (DJI). The premise was that if one average surpassed a specific level, the other average would eventually follow suit. Dow used an analogy to illustrate this concept, likening the market to the ocean. He explained that just as waves rise to a certain point on one side of the beach, waves on another part of the beach will eventually reach that same point. Similarly, in the market, different sectors are interconnected, and when one sector shows a particular trend, others tend to follow suit as they are part of a larger whole. The Paradigms of Dow Theory: To comprehend the theory, it is essential to grasp the various rules formulated by Dow. These principles, often referred to as the tenets of Dow theory, serve as guiding paradigms Three major market trends: The tenets of Dow Theory classify trends based on their duration into primary, secondary, and minor trends. Primary trends can be either upward (uptrend) or downward (downtrend) and can last for months to years. Secondary trends move in the opposite direction to the primary trend and typically last for weeks or a few months. Minor trends, on the other hand, are considered insignificant variations that occur over a shorter time span, ranging from a few hours to weeks, and are considered less significant than the primary and secondary trends. Primary trends have three distinct phases: Bear markets can be divided into three distinct phases: distribution, public participation, and panic. In the distribution phase, there is a gradual selling off of assets by investors. The public participation phase occurs when more individual investors start selling their holdings, leading to a broader decline in the market. The panic phase is characterized by widespread fear and selling pressure, often resulting in a sharp and rapid decline in prices. On the other hand, bull markets experience three phases: accumulation, public participation, and excess. During the accumulation phase, astute investors start buying assets at lower prices, anticipating an upward trend. The public participation phase occurs as more investors join the market and buy assets, contributing to the market’s upward momentum. The excess phase represents a period of exuberance and speculative buying, often marked by overvaluation and unsustainable price increases. Stock market discount everything: Market indexes are highly responsive to various types of information. They can reflect the overall condition of an entity or the economy as a whole. For example, any significant economic events or problems in company management can impact stock prices and cause movements in the indexes, either upward or downward. Trend confirms with volume: When there is an uptrend, trading volume rises and decreases while a downtrend starts Index confirm each other: When multiple indices move in a consistent manner, following the same pattern, it indicates the presence of a trend. This alignment among indices provides a strong signal of market direction. However, when two indices move in opposite directions, it becomes challenging to determine a clear trend. In such cases, conflicting signals make it difficult to deduce a definitive market trend. Trends continue until solid factors imply the reversal: Traders should be careful of trend reversals, as they can often be mistaken for secondary trends. To avoid this confusion, Dow advises investors to exercise caution and verify trends with multiple sources before considering it a genuine reversal. How Does Dow Theory Work in Technical Analysis? The Dow Theory played a crucial role in the development of technical analysis in the stock market and served as its foundational principle. Which, approach to analysis highlights the importance of closely observing market data to identify trends, reversals, and optimal entry and exit points for maximizing profits. As the market is considered an indicator of future performance, the application of technical analysis based on the Dow Theory helps investors make profitable trading decisions by identifying established long-term, mid-term, or short-term trends. By using this approach, investors can gain insights into market dynamics and make informed decisions to enhance their trading outcomes. In conclusion: The Dow Theory has significantly influenced technical analysis in the stock market, serving as a cornerstone for its development and advancement. By analysing the careful examination of market data, this theory helps traders to identify trends, spot reversals, and determine optimal buy and sell points for maximizing profits. The market itself is considered a reliable indicator of future performance, and technical analysis aligned with the Dow Theory assists investors in making profitable trading decisions by detecting established long-term, mid-term, or short-term trends. By using this analytical framework, investors can gain valuable insights into market behaviour and make well-informed choices to improve their trading outcomes. The Dow Theory’s enduring impact continues to guide traders in their pursuit of success in the dynamic world of stock market investing. ___________________________ 💻📞☎️ always do your research. 💌📫📃 If you have any questions, you can write me in the comments below, and I will answer them. 📊📌❤️And please don't forget to support this idea with your likes and comment
NSE:NIFTYEducation
by khushaljain023
DODG - just maybeLooks like DODG may be getting closer to finally moving back to the upside. Volume profile is bullish and looks like significant accumulation has been occurring since around late June of 22. Selling appears to have all but completed dried up. Price is moving/staying away from the center line of the longer-term regression trend signaling that the downtrend may be over/ending. Bollinger Bands width staying super low for over a month on the daily signaling a decent move could be in the works, and the OBV showing that the extended drop in price of DODG has not resulted in longer-term holders giving up/selling this coin. With significant support in this price range from early 2021 (that has been tested many times now) I expect DODG could begin moving to the upside again. Obviously the macro picture may have other plans for all of us, so just nibbling here and waiting/watching for further confirmation... NFA.
BITTREX:DOGEUSDLong
by Akksujean
3
Where the heck does BAND want to go?Subtracting BTC's recent and ongoing volatility, I think it's just too darn early to tell. And, again, BTC, moves, can send alts in a tailspin. Where might you keep a close eye to spot bullish continuation or a trend reversal to bear? I think .38 fib at about $14.88, is where we should see double bottom market structure (with confirmation) form if this is a bull.If you trade candlesticks, keep an eye out for inverted empires or bullish railroads, hammers too. It's also an area where me may see failed bullish retest and a continuation down putting in a confirmed bearish double top. Possible bearish railroads or falling star candle patterns. $13.78, is right at horizontal and trend line support. Critical that price respects this or next stop, down... At $12.08, would be a 50% retrace. Could see bullish market structure here take form. Not uncommon for price action to come down and tag this. Finally, $11.32 would take price back into value and would likely revisit much lower. I would declare this very likely bullish, especially if overall crypto trend is weak. On the up side, if it picks up momentum and looks favorable I'm seeing not much resistant North. Could see potential profit taking areas in mid-high twenties to mid thirties, where I suspect big players who are accumulating during these dips would start selling back to the retail public. I love BAND. I have a bag. I think it's extremely undervalued. Love the low circulating supply. Awesome dev team. Big name VC firms behind it, and really Chainlink's only serious competitor in the space for the moment. Important to say, I really try hard not to trade my opinions or to make predictions. I will share my take on the internal indicators of market strength below in another chart. I've numbered my chart to take you chronologically through my thinking when looking at assets. BTW, I'm a beginning trader/technical and fundamental analyst. Received my education and training from The Rational Investor (TRi) school for trader development. I welcome comments and differing opinions, please share. Happy Trading! *This is not trade or financial advice. DYOR BINANCEUS:BANDUSD BINANCE:BANDUSDT COINBASE:BANDUSD
BINANCE:BANDUSD
by Cryptough
7
Bitcoin possible bull flagHello! Has been very interesting to watch how BTC performs now on All Time High. Here we have a nice setup. Ready for both moves up and down. Fear And Creed Index 95 and have been on or close to extreme creed for more like 1,5 month ;D. So we are going to see a drop. The question is. Is it in a week or after another month. Use caution! Bitcoin broke ATH and is right now on uncertain waters but we are still in strong bull trend (higher lows) . We can see fast moves up or down. I think this is a possible move upside as we can see the smooth flag pattern. Target levels shown as arrows are symmetrical size from the price movements before. RSI has also already broke the supressing trendline (Bull) There are also EMAS which might work as a support. I am ready to take another long (Fibo levels) if the pattern brakes downward. Keep in mind that this is 1 hour timeframe so it is possibly to just go sideways and the pattern can totally reshape. Oh yeah I almost forgot. There is also still space to move on Bitcoin Dominance chart on weekly if you check the top resistance line. I think I made an analysis about (3 - 4 weeks back) it before and it did work as resistance. Let's see where the market wants to go and follow it's lead and peaceful Christmas to everyone! This is not financial advice. If you do make trades use stop loss or you get your ass burned. 1st mistake beginner traders do is taking to big risk. -Jebu
BITSTAMP:BTCUSDLong
by PalenTrade
4
S&P 500 EEUU 500Hello good morning I hope you’re right. A few days ago I published this idea to you, to this day it is the same I have only modified trend and lines by market movement. In the comments, in the 2 comments that our brokers commented that it would follow the second trend, The fall BEARISH . We believe that in the short term you will see high volatility whit corrections... but in the middle term we’re BULLISH and in the long run we’ lo see. LEAVE YOUR OPINION In the comments 1 or 2, and how they are positioned in short, medium up to elections, and long. Sincerely L.E.D In Spain at 13/10/2020
UShort
by wallstreetstocks
S&P 500 Gap Down Open? | Oversold Bounce Imminent!Hello Traders! Today’s update will be on SPY, a big gap down with immense selling pressure coming in from a technical standpoint. An oversold bounce will be imminent due to overextended oscillators Points to consider, - Key Moving Averages broken - Local support at .50 Fibonacci - RSI oversold - Stochastics in lower regions - Volume Climax nodes SPY broken all moving averages with this impulse move down, clear increase in selling pressure as bulls fail to make a higher low, confirming the bearish divergence. Local support is situated at the .510 Fibonacci; a gap down open will target .618 as next critical support. The RSI is clearly oversold, indication of over extension, increasing the probability of an oversold bounce. Stochastics is currently in the lower regions, can stay trading here for an extended period of time, however lots of stored momentum to the upside. SPY has clear volume climax nodes, signalling seller exhaustion, another indication of a probable oversold bounce. Overall, in my opinion, a gap down open will increase the probability of testing the .618 Fibonacci, oscillators by then will be well overextended, putting much more emphasis on a bounce. What are your thoughts? Please leave a like and comment, And remember, “Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
AMEX:SPY
by AzizKhanZamani
2
There is Still Hope for Bitcoin BullsWelcome back traders. Bitcoin is showing some weakness today, but there is still hope. We seem to be seeing support from the 100MA at about $7,512 on the weekly. We really need to reclaim $7634.58, which was the first support we saw back in the beginning of June, when Bitcoin was first on its way up. Next, we would want to see BTC conquer its strongest Point Of Control at $7,970. If this happens swiftly, further swift increases would likely follow very soon thereafter. If RSI get back around 50, this would indicate a healthy bitcoin for the bulls. If we can't reclaim $7,634.58 and start putting out some green candles on the weekly, the bull season may be over. If we can reclaim and spike back up, I have some volume and trend levels in green for you. Good Luck traders! Disclaimer: This is NOT financial advice! These are merely my opinions that I have posted for educational purposes ONLY. Trading comes with great risk, which should be managed carefully. You should never trade anything more than you are willing to lose. I hope you all kill it, but I am not responsible for any financial loss or damages. Thanks for reading!
COINBASE:BTCUSD
by CryptoRichCrypto
What's next for BitcoinBitcoin looks good on the 4h. We could see a touch on the 21EMA, but we should be ready for a high within the next day or two. If this jump is anything like the last, this wave should take us around $10,000 at the least. We'll see what happens. Watch out for false breaks and plan stop loss appropriately! Disclaimer: This is NOT trading advice! These are merely my opinions that I have posted for educational purposes only. I hope you all kill it, but I am not responsible for any financial losses. Thanks for reading!
BITSTAMP:BTCUSDLong
by CryptoRichCrypto
BITCOIN IMPORTANT LEVELSWelcome back everyone, $BTC is at it again and we may see some big gains ahead of us. I've compiled Bitcoin weekly trend analysis and technical analysis. The yellow lines represent high volume node(HVN) point of control(POC) from the weekly chart, aka prices which may act as support/resistance. The white lines represent trend indicators, prices where we have seen significant action in the past. $8,736 came from the weekly, and the rest of the white lines are trend indicators from the daily chart. A daily close below $8,530.01 or $8,438.35 may indicate downward movement. A weekly close above $8,736, which as already rejected once, would be idea for the bulls. I know there's a lot going on here, I'll break it down. Here is our $BTCUSD weekly chart, where we get our $8,736 line and our yellow POC's from the volume indicator. Here are our local trend lines on the daily, stacked on top of our weekly values. Lastly, we arrive at our masterpiece, watch these levels carefully and manage your risk appropriately! Disclaimer: This is NOT trading advice! These are merely my opinions that I have posted for educational purposes only. I hope you all kill it, but I am not responsible for any financial losses. Thanks for reading!
COINBASE:BTCUSD
by CryptoRichCrypto
XRP - capitulation just around a corner?We have INVERTED XRP chart over here. As you can see we are in this bullish triangle and if broken - new short-term lows to follow. Chart is a bit messy to read, so take a good look. White rectangles are supply/demand zones. TARGETS Measured move would take us to @0.20-0.216$. Then I'll be waiting for 0.18-0.20$ as you can see in the chart. Those targets are VERY important and could be the end of this bear market on XRP. **0.18 would be historical percentage drop from the top in 2018. Only other time we dropped 94-95% from the top was in early stages of xrp price action. So do not be surprised if we get there AGAIN. Prepare for insane volatility in this pair because we are at the lower warning line of multi-year pitchfork(Check my previous idea on XRP). Xrp should capitulate @0.18-0.20$ and jump very rapidly to close weekly/monthly above that DOTTED BLUE LINE. Me personally, I'll be adding positions at 0.197 if given. Important dates are August 19th & 26. These are the pivots for price to turn around. BULLISH SCENARIO, if we do not break this triangle above, xrp might hit 0.28-0.29$ before attacking that 0.18-0.20$ region on 26th of August. This is not a financial advise. Stay safe out there, hope you like it.
POLONIEX:XRPUSDShort
by Patrikas10
BTC ROCKETS toward end of month b4 dumping into 2019 logic: nothing sensible. bitcoin futures (before was okcoin, now its bitmex ) actually control the price of spot market btc so if the manipulator [let's assume they are called MEGAWHHALE}, was going to dump BTC very low on spot market, MEGAWHHALE would of set massive shorts prior so to hit MEGAWHHALEs position(s), while at the same time, driving BTC low to accumulate and SET LONGS on the future market to PUMP spot market to hit long position. MEGAWHHALE controls spot markets that comprise BITMEX future index . soo, when all are fearful and selling, MEGAWHHALE is buying BTC/LTC/ETH and longing and preparing ASICS to mine 2019 the mass sit at a loss, only to see had they didnt sell theyd of maybe broke even or made profit, bringing them back into the market cause new money is dumb dead money, buying into another the top and holding a bag while MEGAWHHALE dumping & correlating with CORP interest/legislation "…because it's the last ride ever gonna That I'm ever gonna take at Astroworld world world world world world world..." Travis Scott - Watch ft. Lil Uzi Vert, Kanye West
BITFINEX:BTCUSDLong
by bu11b3ar
5
Trend reversal at BTCUSD?Given the massive depreciation of Bitcoin against the USD, it is time to think long-term and hard about where the journey is headed. Bitcoin is still in its downtrend. For five waves (1-5), it went down between the green support line and the red resistance line of the channel. On February 27, 2018, it changed the channel and is heading South between the red support line and blue resistance line of the new down channel. BTCUSD is approaching two very interesting levels where an important decision on the further direction of the Bitcoin’s price is being demanded. The two levels are 6000 and 5511. Both levels are strong support levels. These support levels will not be broken easily. The Pivot system levels are close together. This is another indication that Bulls and Bears are fighting for the future direction of the Bitcoin price. Trend Reversal Scenario The trend reversal scenario occurs when a double bottom forms in the chart. This requires a low between the current low and the low of February 6, 2018, which was 6000. Such a double bottom confirms once it breaks the ceiling at the 11700 level. Breaking the 11700 level would set a minimum target of 17225. Be careful, it is very likely to see a bull trap at the level of 6000. Trend Continuation Scenario If the Bitcoin rate breaks the level of 6000 US-Dollars to the downside, the double bottom scenario is no longer valid. Once the 6000 level is sustainably broken, BTC will head down to the 5511 level, which is an intermediate target. This level is a strong support and it will take some time until Bitcoin will be able to break it. In my opinion, it is more likely to see a further downmove of Bitcoin , as there are no fundamental facts that would suggest an uptrend. Happy Easter Days!
BITFINEX:BTCUSD
by luckyhelper
5
BTCUSD - $4400 resistance in battle 10.01.17 BTC crossed the $4400 resistance level on Sunday (10.01.2017 US EST) as trend lines appear to be holding. Eyes set for 4500-4600 range as the cloudy market outlook prevails. Tight stop losses are set around the world as momentum flirts with bull bear battle. Let me know what you guys think, are we heading for higher ATHs? or are we bracing for impact? FYI: look for faux sell walls as we near critical levels, especially around round numbers. Disclaimer: Long term long - short term neutral
COINBASE:BTCUSDLong
by eag09