Let's look at the 50-week moving average (350 days) and talk about what it tells us regarding bear and bull market cycles. Here's why we need to watch it closely right now.
If you have any questions or comments feel free to comment down below!
If you like to do multi-timeframe analysis, like I do, I think this video can be helpful
Market Analysis PT1/2 (24th April 2024) XAUUSD Analysis On the 1 hour timeframe, Price action has rejected off a daily orderblock couple with a weekly bullish Fair value gap, creating a bullish Change of Character to the upside. This means that there could be potential intentions of price creating a potential bullish market structure shift on gold,...
Banking stocks had been outperformers in 2023 but has been laggard until now in 2024! Things are about to turn around in coming week if we sustain above 48400 which is a "Neckline of an ascending triangle" formed on weekly charts of Bank Nifty. Indicators like RSI has already shown signs of a new rally by internal crossover last week. Target which will be...
I zoomed out on the daily just to show you how far this token has dropped and in my opinion when you find a bottomed out project like this and you see the volume increasing like that?? you have something you really need to pay attention to! frontrow! FRR!
We're still in the middle of this fall oput from the descending Triangle The Price Target for that Decscending Triangle Landing on the 200 day moving average seems to be to coincidental to not play out. With technical analysis i like to see my indicators and charting patterns play into each other so i feel i'm reading a story and right now btc say's the bulls are...
We've been projecting btc to correct to at least the 200day moving average ema 12 crossed the signal line and i'm expecting EMA 26 to do the same causing btc to break through this neckline! Be Careful Bulls. We see you on the weekly and know you're there, the bears just have one last push it seems!
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure. We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
it's cool when this stuff happens even cooler being able to see it major and minor trends coinciding into one big move
This fib looking good on the daily Just had a 50 & 200 ma cross recently Ranging here around the .5 fib which is a lovely fib to see the highest response to!
With the possible holding rate for USD, and poor nfp data, seems like USD is taking a turn.... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show...
I see massive bullish potential. A lot of profit potential. A lot of open interest on some of the calls. It is looking like a reversal on the weekly and daily chart. Beautiful setup.
I remember when i used to agree that T/A and charting didn't really matter vs narratives and market manipulation etc. Well, that was before I lost a ton of $ trading crypto without it. Then I became OBSESSED with learning it. It's not the cleanest and I'm still working on my skills etc. However, I totally believe in it now. It continues to amaze me daily...
As you can see here we are at a demand zone. But, we are consolidating at this zone and that usually means we break through the zone. If we bounce off of the zone, I will look for it to retest the recent trendline that we have just broken. But, if we break through the zone, I will be looking for the stock to fall all the way down to the bottom Bollinger Band on...
Here is an even more aggressive and dramatic downward channel idea and still I say we are at least due for a decent bounce. Especially if trading options etc. Just a tighter trendline down and lower top goal then prior chart given. I see some BEARS come out and wanted to give and even more Bearish idea and view, but still not ready to focus on SUB $78...
SPX - Weekly Chart TA, Sunday, September 24th, 2023 Based on the 3 major time fibs, I am looking for a major trend into October 18th-Nov 8th period. The 2022 High/Low time fib 2.0 was one day off from the 2023 high. (Progress/Stalemate over the Government Shutdown can affect that thesis of timing) Longs: Last week's selloff left a gap above at 4401 - Bulls...
Usd should be still bullish just that do take note it is right now at a key prior Resistance zone. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to...