APE - possible trend change at T-90APE share price has been heading down since it hit the market nearly 90-days ago back in August 2022. Some discussions state that shorts may need to significantly cover at the T-90 mark, which hits next week. Not sure if the MMs would be required to close/cover at T-90, due the numerous exemptions allowed to them for "market efficiency" reasons, but regardless the APE chart is starting to look more bullish.
Regression trend on the 2 hour chart along with a few other technical indicators appears to be showing a potential end to the multi month bearish trend. APE share price has started to drift away from the regression center line suggesting a new trend may be developing. Further the Bollinger's are getting tight on the 2 hour suggesting a near-term pending directional move.
Stoch RSI is near - but not yet overbought on the 2-hour chart, and the price can still run from here IMO. The Volume Accumulation % indicator is showing that buyers are finally coming back. Expecting a run to upside on APE fairly soon. No options available on this one. Adding to shares.
G-channel
A refreshing look at technical analysisConventional technical analysis is based on the combination of two methods for predicting price movements: one method attempts to "clear" them of noise in order to track their direction, and the second method attempts to predict changes by detecting obstacles in its path and evaluating the momentum of a current direction. In addition to these two methods, it is common to rely on patterns that are signs of things to come. These are mainly patterns based on Japanese candlestick arrangements that can indicate a trend reversal, such as a head and shoulders pattern, etc.
The problem, which is familiar to everyone, is that with any security or currency pair, you can also see shorter periods of decline in a period of rise and vice versa. That is, the price chart has fractal properties (fractal is the name coined by mathematician Benoit B. Mandelbrot in 1975 to describe repeating or similar geometric shapes).
Classical or Euclidean geometry fits perfectly into the world that man has created. However, it is less suitable for the structures found in nature. Clouds are not perfect spheres, mountains are not symmetrical cones, and lightning does not travel in a straight line. Nature is not smooth but rough, and until recently it was not possible to measure how much. Mandelbrot developed a mathematical representation of complex patterns that repeat at any scale, and thanks to the invention of the computer, he proved that fractal geometry can represent patterns even under conditions of irregularity in the natural world. In his book: "The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward" he shows that fractal geometry can also represent market movements.
The idea can be understood without mathematical knowledge by looking at the course of a river. A river does not flow in a straight line, but in a channel where the resistance to water flow is lowest. The actual length of the river divided by the air distance is defined as the coefficient of curvature, and its average value for rivers in the world is 1.94. The coefficient of curvature is also a special case of the fractal dimension. The curvature coefficient 1 of a straight line is actually one dimension, while the curvature coefficient close to 2 is actually almost two dimensions. In the general case of two- and three-dimensional shapes, the less smooth the contour of a shape, the greater its roughness - its fractal dimension is greater.
Mandelbrot claims that the "noise" - the fluctuations of the price around the general trend - is not random ("white" noise) and therefore cannot be suppressed by a moving average that smooths it out while ignoring the fractal properties.
Many attempts have been made to find the regularity of market movements using fractal properties. What I do is to form multiple channels:
Within the "game board" whose boundaries are defined, I sketch the longest parallel channel, and within that channel I sketch an intermediate parallel channel, and on top of that I sketch the optimal parallel channel for trading in a time frame that provides the best balance between too early and too late, and between too painful fluctuation intervals and insufficient trend lengths.
JASMY +125% | RSI BULLISH DIVERGENCEJASMYUSDT DAY TRADE
RSI at day timeframe formed a bullish divergence.
Downward channel broke.
If Day candle close above 0.004547. then we can now entry for a long position.
DODG - just maybeLooks like DODG may be getting closer to finally moving back to the upside.
Volume profile is bullish and looks like significant accumulation has been occurring since around late June of 22. Selling appears to have all but completed dried up. Price is moving/staying away from the center line of the longer-term regression trend signaling that the downtrend may be over/ending.
Bollinger Bands width staying super low for over a month on the daily signaling a decent move could be in the works, and the OBV showing that the extended drop in price of DODG has not resulted in longer-term holders giving up/selling this coin.
With significant support in this price range from early 2021 (that has been tested many times now) I expect DODG could begin moving to the upside again. Obviously the macro picture may have other plans for all of us, so just nibbling here and waiting/watching for further confirmation...
NFA.
4h DXY looking for a pullback 4hr DXY is failing the regression curve and 2nd Linear Regression, which will signal a bear move of some sort. Target 110-111
$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 $100 as is its highest high.
Let's wait and see.
AMD rebound ahead$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!
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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.
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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.
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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.
