DIA
$DIA/BTC 2D (Binance Spot) Bug falling wedge on supportDecentralised Information Asset looks bottomed here, we expect that dip to be the last then finally start the reversal.
Current Price= 0.00002656
Buy Entry= 0.00002665 - 0.00002405
Take Profit= 0.00004054 | 0.00005321 | 0.00007541
Stop Loss= 0.00001927
Risk/Reward= 1:2.5 | 1:4.58 | 1:8.23
Expected Profit= +59.92% | +109.90% | +197.48%
Possible Loss= -23.98%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 6 months
Website: www.diadata.org
Contracts:
#ERC20 0x84ca8bc7997272c7cfb4d0cd3d55cd942b3c9419
#BEP20 0x99956d38059cf7beda96ec91aa7bb2477e0901dd
BTC bottom either 8.9k or 19k. Advanced data from previous cycleScenario 1
Scenario 1 is we make cup and handle above 19k, then back to near ATH next year, this is possible since rsi is already oversold, but, btc.d shows more dump can come since alts are overvalued
Scenario 2 is we retest 9 to 10k then resistance around 30k. It would make most sense, but I think we got a good support at 19k.
I am getting this data from previous bull runs.
Greetings, Dia
DIA with nice pump to volume resistance $1.17DIA with nice pump to volume resistance $1.17 - a bounce lower very likely.
At $0.39 we have a rejection volume support (huge dump followed by huge pump).
If price comes back this level should support.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Why so much volatility at the current price levels for S&P???IMO it is because the S&P is testing the center line of the purple channel as support. This trend line has been the core support for the S&P since 2009. You can clearly see this support in the chart. If the bull rally is to survive, then it needs to hold this line. What you are seeing right now is a classic case of the algorithms and hedge funds fighting over which direction to go. It seems that the recent miss of expectations from both Target and Walmart are pointing to a breakdown of support here. If support is lost, then the next major support trend line is the center of the blue channel and most likely the bottom of the purple channel. Don't be surprised if we have a meltdown that looks like 2008 or 2020 before we hit that level. Also don't be surprised if breakdown more over the next week and then see a relief rally to test the purple centerline to see if it becomes resistance and not support. I think we all would like to see it bounce from here and test the bottom of the green channel, but the headwinds are strong, and I don't think unlikely.
1W
1D with 20 day VWMA and 200 day sma
4h
Iron Condor DIA 13 May 2022DIA 13 May 2022
The current implied volatility is at 24.22%/year
So that converted into daily is 1.52%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 320.6(you can also wait for the opening price and take +- 5 points from the open candle value)
So based on that our channel for today is going to be compressed with a probability chance of 85% within
TOP 325.5
BOT 315.5
From fundamental point, today we have no big volatility news that can impact our asset.
At the same time the current values are expected to be sidemarket/bullish.
At the same the weekly expected channel top and bot values for DIA were
TOP 335
BOT 314
S&P 500 closes gap from April 5th, 2021 & at mid-line of channelYesterday's big sell off allowed the S&P to close the gap it created back on April 5th, 2021. You can also see that it is right around the mid-line of the 2009+ trading channel. History shows that the mid-line should provide some support and that we may move sideways along this line until market decides if it is going to bounce up or break down.
20 day VWMA and 200 day SMA
#QQQ New Buy Signal ?It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase.
This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase that should be implemented this meeting. As long as #FED #powell sticks to his announcement, I would expect the #qqq to rally.
Will keep you update.
Why volatility is the king among all financial markets?With the usage of ATR, applied on the close of the daily candle, I have calculated the volatility channels for the daily TOP and BOTTOM.
Based on this logic, we can estimate, with a huge confidence factor, where the prices are going to be compressed for the trading day.
Having said that, lets take a look at the data gathered among the most important financial markets:
SPX
TOP CROSSES : 2116
BOT CROSSES : 1954
Total Daily Candles : 18908
Occurance ratio = 0.215
NDX
TOP CROSSES : 1212
BOT CROSSES : 1183
Total Daily Candles : 9386
Occurance ratio = 0.255
DIA
TOP CROSSES : 759
BOT CROSSES : 769
Total Daily Candles : 6109
Occurance ratio = 0.25
DXY
TOP CROSSES : 1597
BOT CROSSES : 1598
Total Daily Candles : 13156
Occurance ratio = 0.243
DAX
TOP CROSSES : 1878
BOT CROSSES : 1848
Total Daily Candles : 13155
Occurance ratio = 0.283
BTC USD
TOP CROSSES : 416
BOT CROSSES : 417
Total Daily Candles : 4290
Occurance ratio = 0.194
ETH USD
TOP CROSSES : 247
BOT CROSSES : 268
Total Daily Candles : 2452
Occurance ratio = 0.21
EUR USD
TOP CROSSES : 820
BOT CROSSES : 805
Total Daily Candles : 7489
Occurance ratio = 0.217
GOLD
TOP CROSSES : 1722
BOT CROSSES : 1569
Total Daily Candles : 13747
Occurance ratio = 0.239
USOIL
TOP CROSSES : 1077
BOT CROSSES : 1089
Total Daily Candles : 10231
Occurance ratio = 0.212
US 10Y
TOP CROSSES : 1302
BOT CROSSES : 1365
Total Daily Candles : 9075
Occurance ratio = 0.294
Based on this, we can assume with a very high confidence ( 70-80%) that the market is going to stay, within the range created from the BOT and TOP ATR points.
DIA formed bullish Gartley | A good long oppottunityHi dear friends, hope you are well and welcome to the new trade setup of DIA token with BTC pair.
On a 4-hr time frame, DIA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
S&P Growth (SPYG) Channels since 2002 - Way, Way Above NormalFYSA, SPYG tracks teh top 50 largest securities in the S&P 500. Holds 5 of the 6 FAAMNG stocks, which accounts for 39% of the ETF.
I laid out what I see as the 4 main channels for SPYG. It is clearly obvious that it the current trend is way above the trend from both the 2002-2008 and 2010-2019. You can see the 2020-22 rally was an extension of a trend that started in 2019 that was interrupted by the COVID crisis. It truly was the once in a life time opportunity for most traders.
Now the more subjective part. This really depends on if you believe the market will eventually return to the mean. To me, it looks like the party is over and we are going to see a return to one of the lower channels in the coming months and years. We could see a 2nd attempt to test the red channel, but the outlook with reduced QE and continued challenges from inflation, Russia, and Covid are not fertile ground for this continued irrational market behavior. The most obvious trend change to me would be to work its way down in to the blue channel, probably stepping down on the major support/resistance lines. Not sure if it would be better to slowly do this, or end up with a 2000 or 2008 crash. At least a crash has major opportunities for VIX ETFs and its like a band-aid.
Check out the 1D chart below. You can see how the price jumps around the channel edges.
1W
1D