EOSUSDT: Seize the Bullish Momentum🚀📈 EOSUSDT: Seize the Bullish Momentum 📈🚀
📊 Technical Analysis: EOSUSDT is currently displaying a picture-perfect bullish trend on the 4-hour chart! 📈 The price action shows strong upward momentum, supported by a bullish trend line. 📈📈 Additionally, the Momentum Indicator RSI indicates no signs of divergence, further confirming the robust bullish sentiment. 🚀💹
📝 Trade Plan:
🎯 Entry (Fib Method): 0.798
🛑 Stop Loss: 0.736
🎯 Take Profit: 0.860
📊 Rationale: The technicals indicate a highly favorable setup for a bullish trade on EOSUSDT. By entering at 0.798, we are taking advantage of the ongoing uptrend. The stop-loss at 0.736 ensures prudent risk management, protecting against unexpected price swings.
🎯 Take Profit Target: Our take-profit level is set at 0.860, aiming to capitalize on the continued bullish momentum. This level represents a potential resistance area where the price may encounter some selling pressure.
📈 Trade Responsibly: Remember, successful trading involves discipline and risk management. Only trade with funds you can afford to lose. Consider adjusting your position size according to your risk tolerance and stay informed about market developments.
🔍 Chart Indicators:
📌 Bullish Trend Line
📌 No RSI Divergence
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Trading cryptocurrencies carries inherent risks, and past performance does not guarantee future results. Always conduct your research and seek advice from a qualified financial advisor before making any investment decisions.
Happy trading! 🚀🌕 #EOSUSDT #BullishTrade #TechnicalAnalysis #CryptoTrading #TradeResponsibly #BullishMomentum #TradingView
Bullishmomentum
FINPIPE - Bullish Momentum with VolumesNSE: FINPIPE is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
GBPUSD - Pullback Before A Continuation Higher!Analysis:
Looking at the charts we're clearly able to see that price is in an upwards trend. We've been forming higher highs and higher lows which shows us the trend we're in so knowing this we're only looking for long setups on this pair. We also have a key level which we've marked out where we've previously seen a strong rejection from but we've since broken higher and we're currently retesting this previous level of resistance for support. As we know resistance very often becomes support which is what we're expecting to happen now. To further add to our idea and why we think price will head to the upside from this level, we also have the 38.2% fib retracement level. Whilst this isn't the strongest level we still do often see this area hold and with this fib retracement level being at our area of support we expect that it will hold and we'll see buyers step in, pushing price higher. Another confluence factor that we have is the upwards trendline that is present. When this trendline has been tagged before we've seen buyers step in and push price higher. This trendline also lines up with our area so we have a really strong level of support which is why we think this is a good place to enter. The fundamentals as well favour our idea. Currently the USD is the strongest major currency whilst the GBP is the 3rds strongest major currency. Whilst this doesn't go in our favour, if we dig a little deeper we can see why we are actually fundamentally bullish on the GBP over the USD. As of the most recent report for institutional positioning we saw a decrease in both long and short positions for the USD so this is neutral whereas for the GBP this is an entirely different story. As of the most recent report for institutional positioning on the GBP we saw a massive increase in long positions whilst also seeing a massive decrease in short positions so this is very bullish for the GBP and this looks like to us, early signs of possible bullishness to come for the GBP. With the technicals and fundamentals both pointing to buy the GBPUSD we get a bullish outlook for this pair. This position will also help to hedge our USD positions as we are heavily involved in the USD currently and with this position we're able to make money if the USD goes up or down because we're hedged. At JPI we like to hedge certain positions when we're exposed as this allows us to better manage our risk and with such a bullish setup on GBPUSD this seems like a perfect pair to hedge positions against.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
ABFRL - Bullish Momentum with VolumesNSE: ABFRL is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HEROMOTOCO - Bullish Momentum with VolumesNSE: HEROMOTOCO is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
RAIN - Bullish Momentum with VolumesNSE: RAIN is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Is TSLA overbought and ready for a retracement?TSLA has run up over 100% this year in two separate waves. Some traders based on the
the magnitude of the current wave say it is overbought? But is it or are they just trying to
rationalize a short trade at what they think is the top? Are Jim Cramer and Kathie Wood wrong?
On the daily chart of TSLA, I have added a long term volume profile, an anchored VWAP
with lines for the mean and = /1 two standard deviations. I have drawn two zones of
horizontal resistance based on pivots in the past couple of years. Zero-lag MACD and RSI
indicators are added as well. I make the following points:
(1) Price is above the high volume area of the profile but not significantly so.
(2) Price is below the resistance zones and TSLA may have enough momentum to break through them without hesitation.
(3) Price has crossed over the mean anchored VWAP but has a long way to go before it ascends
to the second standard deviation where institutional traders may be prone to take short
positions ( overbought)
(4) The MACD indicator shows K/D lines in parallel and ascending above the histogram. With no lag to contend with a cross of the lines would be an early indication of an overbought condition.
Bearish divergence would suggest TSLA is overbought but there is none.
(5) The better RSI indicator shows the value rising from 40 to 70 in the current uptrend. A rise over 80 and then a drop to show bearish divergence would be an indication of an overbought condition. This has not occurred.
Based on all of this, I can easily conclude that TSLA is not overbought. Any traders who
say it is overbought may be simply trying to discourage further buying. I suppose that they might do so because they are in a short position that is now essentially self-liquidating.
If that is the case, their better approach might be to get rid of their position, buy to cover
and help TSLA move higher.
I will continue to try to add to my long position in TSLA when I see daily lows on
the 15 or less-minute time frame. From the overhead resistance, I can appreciate
there is still significant profit potential with TSLA especially since the resistance may
evaporate away letting TSLA bull run its way " blue sky".
RCF - Bullish Momentum with volumesNSE: RCF is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
AUDusd continues to make higher highsThis pair is very beautifully creating its higher highs. I was initially hesitant to go long as price was up trending however there were some bearish signals such as lack of strong bullish candles. This bullish push was made with weaker candles beneath this resistance. After a retracement, and a re-test of support, the trendline, or daily/weekly support.
HLEGLAS - Bullish Momentum with VolumesNSE: HLEGLAS is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Beware Of Tesla Tidal Wave Tesla has been rising high and is about to go even higher Friday 6/9 after GM announces use of Tesla charging stations. Beware this tidal wave will crash eventually but it will be a more subtle correction. We should expect Tesla to drop 2-10% in a single or multi day correction next week. After this correction Tesla should remain stable and continue its steady growth pattern. For short term traders Friday would be a good day to cash out for those who are only riding the wave and not in it for the long run. As a real estate investor who raises funds in the stock market with Tesla being 1 of 10 stocks in my Real Estate portfolio, I plan to increase my Tesla position Wednesday next week. With a currently very small position that is up 20%, I am looking to 5x my position Wednesday. So when you hear me talk about selling the position, that is strictly for those looking for a quick guaranteed profit. As a bullish Tesla investor I look forward to future explosive growth. This is strictly an opinion excerpt written by Anthony Ruggiero ( Myantman101)
TATASTEEL - Bullish Momentum BreakoutNSE: TATASTEEL is closing with a bullish momentum breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Nasdaq -> What A Short SqueezeHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that over the past couple of weeks, the Nasdaq had an insane rally towards the upside of roughly 25% and is now approaching weekly resistance.
Considering the fact that the overall trend is still very bullish I just do expect a short term rejection away from the $14.800 resistance area and then I definitely do expect the continuation of the bullrun.
On the daily timeframe you can see that market structure is still very bullish, there is still no sign of the Nasdaq slowing down yet, so there could be the possibility that we will see more continuation towards the upside to then retest the next major previous daily resistance at the $15.200 level before we will then see a short term drop.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
$KEY/USDT hidden bullish divergenceVery strong support level + Hidden bullish divergence for KEY/USDT
Alpha USDT Long Entry Chats shows a bullish signBINANCE:ALPHAUSDT.P Alpha USDT
Price Break the resistance level .11276 now retest the in 1 Hr TF. Bullish Candle in 4 Hr very good bullish sign towards price more upward direction in coming hr. Price 2 times test the .12544 Level now again test this level. If price break this level or stay above this level at least 1 day then chances move upward direction. Otherwise again tested and rejected this level again.
Now we enter the .11500 level. And tp is .12511.
OMGUSDTOMGUSDT was trading in bearish trend and reached at strong support zone. In past this support zone has provided good reach to upside. If previous pattern repeat this time , a minimum of 12% gain is on the table.
TATACOFFEE - Bullish Consolidation with VolumesNSE: TATACOFFEE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
AIAENG - Bullish Momentum with VolumesNSE: AIAENG is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
VERO Bullish Momentum Share Price SplitVERO recently underwent a stock price 15:! split. Venus Concept, Inc. develops, commercializes and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies and related practice enhancement services. Its product portfolio consists of aesthetic device platforms which includes venus versa, venus legacy, venus velocity, venus fiore, venus viva, venus freeze plus, and venus bliss. The company was founded on November 22, 2002 and is headquartered in Toronto.
On the chart, VERO is shown to have a downward trajectory for some years. Howwver, volume
spikes are seen 5-10X relative to near term historical volume. The RSI indicator suggests bullish
divergence for about a month. Finally, price action went parabolic after the split and makes
VERO a bullish continuation candidate.
I will take a partial long position immediately while also waiting for a pullback to supplement
the initial partial position.
KAVA Surges as Investors Seek Buying OpportunitiesInvestors in the cryptocurrency market are looking for buying opportunities despite the current volatility of Bitcoin and Ethereum. As a result, many traders are turning to bullish altcoins like KAVA, which has been showing steady price growth despite market selling pressure.
KAVA, a native token of the KAVA blockchain, recently completed a higher low price formation above an ascending trend line. From a monthly low of $0.667, KAVA's price has risen by more than 35% in just five days.
KAVA Attempts Breakout
While Bitcoin's price is falling, KAVA's price continues to rise this week. KAVA’s investors seem to be unaffected by a potential drop in Bitcoin's price.
KAVA's price surged towards a bullish hurdle on May 10th, reaching a 20-day high at $0.909 with a remarkable 10.6% gain on Wednesday. Currently, the altcoin is trading against the USDT pair at $0.906.
KAVA's Future Looks Promising
Trading volume indicators suggest that there has been significant accumulation of KAVA coins near the support trendline. KAVA witnessed the highest trading activity in the last few months in the month of May.
The KAVA coin is currently trading above the 50 simple moving average, with bulls pushing the price up. Historically, the 200-SMA has acted as a significant support and resistance level for sellers. The market is now waiting to see if the bulls can maintain their momentum and push the price of KAVA beyond the 200-SMA.
The Relative Strength Index (RSI) has crossed the crucial threshold of 50 and is now steadily climbing towards the upper limit. This is an encouraging sign for potential buyers, who could benefit significantly if the coin manages to break through the current resistance trendline.
However, we will still need to have Bitcoin at least ranging and not falling for a significant rally to occur.
USDJPY, Bulls are in control, 4hrHello everyone,
The bears have now lost control over the markets, as you can see price has broken the white trendline to confirm that the bulls are now in control. To start off the week, It's recommended to look for a light set up to enter into the bullish momentum. Based off of where the market closed, price is projecting to move down to the next daily zone at 134.500. If price touches the area of 134.500, look to take a buy and hold it until the next daily area of support and resistance @135.400.
I am open to all feedback on the UJ price projection analysis, please do not hesistate to leave your questions, comments, and/or concerns. If this pre market analysis is similar to yours or you are confident that my analysis makes sense please share, like, and leave a comment.