Litecoin(LTC): Full Breakdown or Not?LTC has caught our attention here with two possible scenarios.
First one: Wait for breakdown to happen from trend and let bears secure it. From there, we might get a nice opportunity to short this coin!
Second one: Wait for the price to reach upper resistance and see how the market price will react to this zone; potential weakness might be shown there!
Which one are you waiting for the most?
Swallow Team
Emacrossover
Chainlink(LINK): Getting Ready For Another Rejection?LINK coin is another one that caught our attention with a great possibility of downward movement here!
We see that upon reaching that upper line of BB, we are getting rejected multiple times and now we are seeing that last time we had reaction, we had a really nice attempt to move further but we got stopped by 100EMA
We are looking here for a good rejection to happen (another one), and once we get it, we will be looking for a short here!
Swallow Team
Bitcoin(BTC): ETF Is Live = As We Told No Pump!!Upon ETF life price of BTC has had an amazing drop where sellers (Bears) took over that
FWB:48K zone which led price back to as low as FWB:46K
zone.
Currently, we are going to see most likely a test of $45K zone, depending on where we are going to look for a potential breakdown!
As ETF is now live, nothing changes—we still trade, we still short this one.
So waiting for the $45K zone and entering inside that tunnel we have there from here, we want a steep downward movement to start! - Let's see
Swallow Team
Theta(THETA): EMAs Are Holding The Price!Theta has reached the zone of EMAs, which is holding the price back, or is it?
We have displayed here the major resistance and support zones and two possible scenarios to happen upon breaking out or breaking down from those EMAs.
What do you think? Which way will we go?
Swallow Team
Bitcoin(BTC): Time To Short / NOW or NeverOn the fourth day, we see another attempt towards that upper resistance zone.
Never the less, we also sense demand in correction, where with every smaller push we are having, it is just not enough for a breakout of such a big resistance.
As you know, we have already opened a position on BTC Short, so the gameplan is still the same. We might see very sweet gains sooner or later. FVGs are waiting to be filled.
Swallow Team
TSLA's Fight the Falling Resistance 🧠 Rejection or BreakoutDear Esteemed Members,
TSLA is mostly bearish within the resistance of the red triangle. As long as it remains below the trendline, bears can enjoy better risk-reward ratios. Some traders wait out the price's rejection at the falling line to open their short positions. Others wait for a confirmed breakout through the resistance to open a long position. Now, both sides have a significant chance because the pattern is usually bearish, but TSLA reclaimed the EMAs in a convincing manner. I've got a short, but I opened it above the resistance. So, I can close it in profit at the resistance. I wouldn't open a new short until I see the price action around the trendline. The white arrows mark the scenarios I mentioned. I also placed two positions on the chart that one could make depending on TSLA's behavior around the falling level.
Disclaimer:
It's not an investment advice. My analytics serve only entertainment purposes. Do your research. Historic results don't guarantee future outcomes.
Kind regards,
Ely
That hasn't happened for a long time.Hi.
Of course there will be some sort of technical rollback soon, it will take a year or so.
But, most importantly there is a super bullish quick signal for The 10-Year Treasury Yield.
It has happened now, this month, for the first time since 1986.
Obviously there is a long cycle of rising 10-year yields ahead of us.
Good article in Forbes from a month ago.
I recommend it to novice traders who want
to understand the impact of US10Y returns on the market.
Lost 50-Day EMA & Anchored VWAP as well.We closed the day with heavy volume and also below the two most important things (50 EMA on daily and Anchored VWAP)
If we don't close above these two things tomorrow, then there is lot of downside to come.
The problem is this is a very strong seasonal period. so there will be a lot of chop.
Tomorrow FED CHAIR POWEL is going to speak so we will have to see how the markets digest his speech.
Be very careful especially tomorrow.
CHOLAMANDALAM INV near Breakout levelsThe stock is forming an ascending triangle pattern backed by price rising on the 20 EMA. After the golden crossover of 20/200 EMA the price seems to be headed upwards and can prove to be a potential winner if the trend continues. The current price is near new breakout levels as it surpassed previous highs recently.
This stock is also showing a good RS vis-à-vis Nifty 50 Index which shows it is a outperformer.
📅📈4-Year Bull Cycle and the 100 SMA Connection 🔄📅 The 4-Year Bull Cycle: Many seasoned crypto traders are familiar with the concept of the 4-year bull cycle, which appears to be a recurring phenomenon in the world of cryptocurrencies. Historically, it's been observed that approximately every four years, Bitcoin experiences a significant surge in value.
📉 The Dip Before the Leap: Interestingly, before each of these major bull runs, there's often a notable dip in the price of Bitcoin. It's during these dips that we see Bitcoin briefly dropping below the 100 SMA (Simple Moving Average) on the charts.
🚀 Setting the Stage: The dip below the 100 SMA seems to serve as a setup for the next bullish wave. It's as if Bitcoin takes a brief breather, shakes off weaker hands, and then prepares for its ascent.
📈 Past as Prologue: While history doesn't guarantee future outcomes, this pattern reminds us of the cyclical nature of the crypto market. It's not uncommon to see Bitcoin drop below the 100 SMA, only to rally to new heights shortly afterward.
🔍 Key Takeaway: Keep an eye on the 100 SMA, but remember that it's just one piece of the puzzle. Crypto markets are influenced by a multitude of factors, and no single indicator can predict the future with absolute certainty.
💡 Stay Informed and Adaptable: As crypto enthusiasts, our strength lies in staying informed, adaptable, and open to various perspectives. While historical patterns can provide valuable insights, they should be considered alongside other indicators and analysis.
🔄 The Cycle Continues: Whether you're a seasoned trader or a crypto newcomer, understanding the patterns and rhythms of the market can be empowering. The 4-year bull cycle and its dance with the 100 SMA are just part of the ongoing saga of crypto.
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EMA Essentials - How It Works for TradersThe Moving Average (MA) is a widely used tool in various markets. In simple words, Moving Averages (MA) are extra lines on the price chart of an asset. They look similar to the price chart but appear slightly delayed and smoother, without the ups and downs.
Moving Averages in Crypto.
Crypto and Moving Averages
In the world of cryptocurrency, we pay close attention to a couple of key patterns: the golden cross and when prices touch the 200 EMA.
The first pattern points to market volatility, while the second one often signals the presence of robust potential support and buying opportunities.
What's the difference between moving averages?
There are a few structures of it:
Moving Average
Exponential Moving Average
Weighted Moving Average
What about the strategies of EMA?
Moving averages make a visible entry, you understand where big players can make deals. In that meaning, you can buy if the price goes above the average and sell when it drops below.
Choosing between Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs) can be tricky. EMAs react faster to current market moves, giving early signals but sometimes false ones.
If you want to beat the market, remember, it's tougher than basic timing strategies. In a good situation, many strategies work because things are positive. But when times get tough, lots of strategies can't prevent losses.
In trading, folks often talk about the "golden cross" (good times ahead) and the "death cross" (not-so-good times). These terms are all about how different moving averages work. People usually watch the 50-day and 200-day MAs. When the 50-day goes above the 200-day, it's called a "golden cross," which is a good sign for trading. But if the 50-day goes below the 200-day, it's a "death cross," indicating a not-so-great time for trading.
I also want to mention the "pull in" pattern. This occurs when the EMA lags behind the price, which can be advantageous for your trade.
In conclusion
What is the most important thing about working with this feature?
Integration with pattern and trading chart patterns
Use it as confirmation for entry points.
Collect data on previous retracements, sometimes new formations appear on the market, which have a new logic.
What are some formations to watch?
Breakout, Breakout with retracement, Pullback from impulse, Pullback from trend into density by volume indicator
Have a nice day, traders! I am always glad to talk with you in the comments! I will appreciate your likes!
EMA 200 Support : Bullish Signal 🚀📈📊 The EMA 200 Line: Imagine the EMA 200 as a historical trail, highlighting the average price over the past 200 days. It's like a long-term perspective on Bitcoin's performance, smoothing out short-term fluctuations.
⏳ The Prolonged Stay: Looking back, we find that Bitcoin spent a whopping 280 days beneath the EMA 200. This period reflects a phase of prolonged consolidation, indicating a more neutral market sentiment.
🚀 The Bullish Breakout: What's captivating is the moments when Bitcoin managed to break above the EMA 200 after such a prolonged stay. These breakouts often signaled the dawn of a bullish trend, igniting excitement among investors.
📈 A Signal of Potential: The EMA 200 breakout holds significance because it reflects a shift from consolidation to potential growth. It's like breaking through a ceiling, paving the way for upward momentum.
💡 Insight for Investors: While the EMA 200 isn't a crystal ball, it's a tool that savvy traders keep an eye on. A breakout above this line might indicate a potential shift in market sentiment and a new chapter in Bitcoin's journey.
So, what's the bottom line with the EMA 200 and Bitcoin's story? 🚀 It's about recognizing patterns that history unveils. The EMA 200 breakout often hints at a potential shift from stagnation to a more bullish terrain.
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Bitcoins weekly EMA'sWhen looking at bitcoins weekly EMA's we have a few interesting things develop. First,we have the 20 EMA crossing under the 200 EMA, coincidentally, its also the first time the 50 EMA has crossed under the 200 EMA. ( side note , the 100 has never crossed under the 200 and i dont expect it to this bear cycle.) To me both of these occurrences mark the bottom especially when looking at the longer time frames. The price rarely wants to stay under the 200 Weekly EMA which we're currently testing at around 25668.
in the coming weeks i foresee the 20 crossing back above the longer time frames and we rally towards 35k to 42k before retesting 28.8 k as support.
NASDAQ SHORTNasdaq looking to go short as the H4 & Daily EMA's start to have correlation signaling a change in direction along with a trendline and support that has been broken and retested. The first target will be @15260.00 where our SL will be moved to BE and some positions bagged and then hold the remaining till 15000.00 Psychological level.
Potential of Gooner EMA Crossovers in Bull Markets 📈🐂The Gooner EMA crossover strategy revolves around the interaction of two Exponential Moving Averages – a short-term EMA and a long-term EMA. When the short-term EMA crosses above the long-term EMA, it generates a bullish signal. Conversely, when the short-term EMA crosses below the long-term EMA, a bearish signal emerges.
The Influence of Gooner EMA Crossovers in Bull Markets:
Gooner EMA crossovers carry substantial implications, particularly in bull markets. Here's why they matter:
Trend Confirmation: A bullish crossover, where the short-term EMA crosses above the long-term EMA, confirms the presence of an emerging bullish trend. This indicates potential upward momentum and the possibility of sustained price appreciation.
Entry Point Identification: Gooner EMA crossovers offer traders an opportunity to pinpoint entry points in bull markets. When the bullish crossover occurs, it signifies that the asset's momentum is shifting positively, making it an ideal moment to consider initiating a long position.
Visual Clarity: Crossovers are visually evident on price charts, making them easy to identify. Their clear representation provides traders with a straightforward signal for making informed trading decisions.
Timing Advantage: Gooner EMA crossovers offer traders timely insights into market shifts. Acting promptly upon the occurrence of crossovers enables traders to capitalize on the evolving market conditions effectively.
Supporting Technical Analysis: While Gooner EMA crossovers are strong indicators, combining them with other technical tools can enhance your analysis. Confirming crossovers with additional indicators or patterns adds another layer of confidence to your trading decisions.
Conclusion:
In the realm of trading, Gooner EMA crossovers are a powerful tool, especially in bull markets. They serve as robust signals for confirming bullish trends and identifying potential entry points. As you navigate the dynamic landscape of trading, integrating Gooner EMA crossovers into a comprehensive trading strategy alongside other technical indicators and analysis tools can elevate your decision-making prowess and empower you to seize opportunities effectively. Remember that successful trading involves a holistic approach, discipline, and continuous learning. 🚀📈
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EURGBP LONG breakout and retest 29 JUN 66 (education)
In the weekly chart, the price show 2 consecutive large green indicate price reversal.
The price of EUR/GBP pair broke out of the range in 45Min TF and throwback at the resistance become support level.
The EMA crossover shows the bullish momentum for entry.
The candlestick that confirm bullish rejection at the resistance become support level is "Doji"
Therefore, i decide to entry at the current price and stop loss slightly below EMA "34" .
The profit target is 2.00 RR.
# i decide to use EMA as dynamic support level after price start trending market.
EURUSD Eyeing a Dip Before Resuming Bullish TrendBased on my analysis, I anticipate that the EURUSD currency pair will experience a decline in the coming week, reaching a level of 1.084. My forecast is grounded on several technical indicators and chart patterns.
Firstly, the market structure suggests a potential downward movement.
Secondly, the price is interacting with key support and resistance levels, which often act as turning points.
Thirdly, the Fibonacci retracement levels indicate possible areas where the price may reverse.
Additionally, the price is touching the 8-day Exponential Moving Average (EMA), which can act as a dynamic support or resistance.
Lastly, the Stochastic RSI is in the overbought territory, which often signals that the asset is overvalued and may experience a pullback.
While these signals point to a short-term correction, it is important to note that the overall trend on the daily and weekly timeframes remains bullish, and the price is likely to resume its upward trajectory after the correction to 1.11 or even 1.12 by the end of the month.
CHEMFAB ALKALIS - BREAKOUT HELLO FRIENDS,
Here I am sharing CHEMFAB ALKALIS which recently have given breakout of Flag and Pole chart pattern and also forming Head and Shoulder pattern
it has given breakout of flag n pole pattern with intensity of volume and the indicator that supports to take trade which are MACD and RSI are also in favor.
Flag N Pole breakout
The price is also trading above the significant EMAs i.e. 50-100-200
Macd in Daily time frame
Macd in Weekly time frame
RSI at the breakout candle is positive uptick and is also above 60 which shows strenght
Disclaimer
I am not SEBI registered analyst.
All my studies are for educational purposes.
I am not Responsible for any kind of your profits and losses.