$WWE smacking the bearsNYSE:WWE is media company that produces and markets TV and Pay-per-View live events.
This stock really doesn't care about what the SP:SPX is doing. Today is breaking out its regression line, it could be actionable but with a small position.
For me the pivot buy is at $73.40 with a target near $100 as is its highest high.
Let's wait and see.
G-channel
AMD rebound ahead$AMD has been in a downward trend since the beginning of '22. Reaching the its nadir in the beginning of July. As we approach that low again, confirmed by oversold RSI, look for a possible rebound back to 0.382 on the fibonachi ($84) off the August high.
Nifty Support and Resistance for coming weekAfter fed Chairman Jerome Powell's undeniably hawkish comments about the likely need for aggressive interest rate hikes to lower inflation. Market corrected from higher level and it triggered the volatility. Considering it I have drawn few support and resistance levels which could decided the market direction.
As I explained in the weekly chart last week, Reversal pattern was observed. The Market had taken a support from the confluence zone. Need to see the price action of coming week if it it holds.
Below 17300-17400 range nifty is likely to fall aggressively
📉💥BTC 2h Short Position 💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Price broke the rising channel after the Jackson Hole symposium. BTC moving in a direction that may soon see lower price levels.
You can enter a short position between now and the yellow area.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP 1 and 2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
INTELLECT forming a channel #LONGINTELLECT forming a channel patttern so we can go for #swingtrade...stoplosss below the channel and target upper channel line
GAIL taking support @trendline GAIL taking support #trendline & #supportline it looks like channel pattern so we can go for LONG (BUY) target #upperresistence line...
EURJPY Remains BullishHello traders, today we will talk about EURJPY currency pair, which remains bullish based on recent price action from technical point of view and wave structure from Elliott wave perspective.
EURJPY is bullish, but it was slowing down for the last month, which we from Elliott wave perspective clearly see as an A-B-C correction within uptrend. With recent impulsive five-wave rebound and three-wave a-b-c correction, we may have a nice bullish setup formation that can send the price back to highs within a new five-wave bullish cycle.
From technical point of view, we remain bullish as long as the price is above 133.40 invalidation level, but to confirm a bullish resumption back to highs towards 145 – 150 area, it would be nice to see broken channel resistance lines. Keep in mind that bullish confirmation level is only above 142.30 region.
Happy trading!
If you like what we do, then please like and share our idea.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Channel breakout 🔥BTC has retested the channel it broke out form, and showing bull strength according to 🕯️. I believe it wants to fill the inbalance in the bear run. Let's not forget the over all trend as this is just a correction.
I'm thinking schematic distribution setting and fakeout.
@tradingview_
@coin
Downward Channelin this downward channel as soon as the price reaches to our resistance trendline ,with return confirmations in the downward direction , we can be on short orders and move in the direction of the channel.
Will range here before dropping lowerPotential local bottom around 18k-18.5k. We've seen similar 3-part regression trend in recent sell offs. Hoping for small bounce before realizing true bottom. My guess around 12.5k is where we'll end up.
BTC Bottom Around $11,000A lot of people have asked “Where is the bottom for Bitcoin?”. Of course nobody knows for sure but it is fun (and arguably important) to speculate.
Here I’ve plotted the BTC price since several months prior to it’s parabolic run in fall 2020 to the present. I’ve added trend lines to smooth out the data and used linear regression channels to highlight the up trending and down trending time periods. The transitions between an up trending environment and a down trending environment are given by the blue vertical lines.
The take home message is that we might see BTC bottom around $11,000 around Oct 2022. This corresponds nicely to the price observed prior to BTC’s parabolic run in fall 2000 and also corresponds quite nicely with projections made with the Phoenix Ascending indicators.
🚨🚀💩Which Scenario Seems More Likely For $BTC?#Bitcoin has been following the same regression curve since its conception. If it's to be believed that this curve will truly last forever, then #Bitcoin will also just be hurling towards its inevitable death spiral down to zero. While there are probably a select amount of people that still think this is possible, I personally don't subscribe to that theory. This means that $BTC will have to break out of this curve. If that happens, the highly sought after "S-curve" may occur, bringing on some very extreme, exponential growth for the price. The dotted, upwards-trending curve shows the possible price support that may shift this curve to invert the regression. An accurate bounce off of this yellow curve may just signal the inversion of the curve.
**This is all my own personal opinion, based on chart data. This is not financial advice.**
EURUSD Long to demandWhat Happened:
Price broke market structure in mid-May (price broke out of the bottom of consolidation zone, now the supply zone, and then broke higher). About a week later, the top of the downward channel was not respected. A strong rejection would have given a good indication that although market structure had broken earlier in the month, the down trend would still continue. At first it looked like a reversal might happen, we saw an engulfing candle at the reversal point, but a second engulfing candle took price back out of the channel, where price closed and ended the week.
What's Next:
I'm targeting the next highest consolidation zone, which lies right above the next resistance level @ 1.081. It is possible we could see a reversal back down to support @ 1.064, but I'm always going to side with the trend. I expect to see a rejection at resistance but price should eventually push through to demand.
I'm going to make two market entries later today, the first targeting resistance and the second targeting demand. When my first target is hit, I'll just set my stop to 40%-50% profit and let it run. That's my plan we'll see how things go.
Should you buy Futu Holdings Ltd stock? 💰💥We are not surprised by the recent downward movement, as the company reported a record net loss in the first quarter, and the U.S. is tightening regulations on Asian companies, which does not help matters.💥
The company has not performed well in the last three months, so the stock has lost more than 20% since the beginning of the quarter, and investors are concerned that this is the first time the company has made a mistake and is looking at an even bigger drop
We disagree with investors, we think that despite the poor results and a rather bearish share price, Futu Holdings Limited will manage to recover faster than anyone thinks.
Here's why we think so:
✅ FUTU has high-quality earnings.
✅ FUTU has become profitable over the past 5 years, with earnings growth of 76.2% per year.
✅ FUTU's earnings growth over the past year (112%) has outpaced the capital markets sector by 62.5%.
✅ FUTU has more cash than total debt.
✅ FUTU's debt to equity ratio has fallen from 139.5% to 51.6% over the past five years.
✅ FUTU's debt is well covered by cash flow from operations (55.5%).
✅ FUTU's management team is seasoned and experienced (average tenure of 5.2 years).
✅ Shareholders have not experienced significant dilution in the past year.
BTC UNSEEN DOWN CHANNEL 9 TEST PRICEBTC confirms and strongly tests this channel 9 Times from April 2021.
if breaks then look for the new bull session and if downward then wait for a squeeze of low channel squeeze or strong wick.
previous targets reached, check it out.
Feel Free to ask any questions.
Like and Follow for more sharpness
Thank you.
WILL USDT.D REJECT ??Hello !!
Welcome to the quick update of USDT.D. It is currently, moving inside a channel and may soon get rejected from 4.80. It has been rejected multiple times from the trend line as shown in the chart. This will be the 5th time it is going to get rejected and if it happens we may see a green market. The altcoins may pump around 10 to 15 % if it gets rejected.
USDT.D and BTC go in the opposite direction. If USDT.D gets rejected, BTC will soon see a pump until the first resistance of 39300 then 40800 along with a rally in the altcoins as well.
On the other hand, I can see a Cup and Handle pattern and if USDT.D breaks this pattern and retests, then BTC will break 38200 mark and we may see 37000 levels and also 33000 if the worst happens. Let's wait for the right time to enter any trade and wait for confirmations rather than speculations.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
GREENPANEL - Ascending Triangle patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
Bitcoin how far down could go or is the trend to be broken?Looking at a linear regression channel it appears Bitcoin is getting oversold at the lower 2 standard deviation band.
It should easily find support at $36.5 - $37k the ranges it is now if it will trend lower.
Charting a potential upward trend in a ghost feed for illustration purposes.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BSEAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
AAVEUSDT is trying to have a breakout!The price is creating a descending channel after the breakout from the falling wedge as I told you on my previous idea
On the daily timeframe the price is testing the key level on 150$ and the market is trying to protect the low. On the 4h timeframe the price got a rejection from the daily resistance on 175$
How to approach?
The price needs to have a new breakout from the 4h dynamic resistance and daily resistance. the next valid key level is 190$. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
SPX: Finding the bottomLots of confluence at the 3900 and 3000 levels; 3900 is at the .382 and the regression trend midline with a monthly + VAH just below. We see 3000 line up with the .66 retracement, another monthly level and the bottom of the regression trend.
IOSTUSDT is creating a descending channelThe price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$)
On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it.
How to approach?
The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's strategy , we can set a nice order
The scenario is invalidated if the price is going to have a breakout above the monthly resistance (0.32$)
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
