Goldencross
QQQ Intraday $100 to $2500 with options RECAPQQQ is shown here on the 15 minute time frame. Overlaid are a HMA 7 and SMA 5 to provide
moving average crosses. QQQ made a "M" pattern. Options charts are shown in the updates.
First Trade SQQQ is opened at 9:48 for $ 6.00 per call contract times 16 contracts. It is closed
at 10:05 less than 20 minutes later at $20.00 per contract. $96 dollars the only risk in the trade
is waiting to settle as is the $ 224.00 in profit. ( This is a same day expiration intraday trade)
Second Trade QQQ as QQQ has topped and is pivoting down. The second trade of the day
is not a same day expiration as it is now Friday afternoon, a put option in the direction of the
trend is taken for Tuesday the 20th, there being no puts for the Monday holiday.
The floating profit is $ 224 and the strike is set for below the money in the current direction of
the trend. A strike of $ 429 selected. The options chart is shown in the updates.
The premium was 0.37 so $37 per contract so six contracts were taken for a total of
which is $222 or slightly less than the profit on the first trade. The trade is taken at 14:47
market time and closed about 90 minutes later at 15:52 before the close.
The contracts sold at close for $ 1.41 each yielding $ 141 per contract or $ 2256 overall.
Between the two trades $100 was risked and $ 233 + 2256 or 2489 overall.
The Reward to Risk ratio was about 25. The profit and the initial $100 into the trades
awaits settlement after the holiday.
This trade was made to teach a mentee about the power of options leveraged with narrow
expirations to optimize profits and not spend a lot of time in the trade to minimize risk
in the market from any number of potentials. Alerts and notifications centered on moving
averages and rise or fall of intraday low time frame relative strength are used to lessen
screen time. Twenty baggers may not be everyday but then again with practice and patience
they can come along often enough.
Historically Warm Weather to Support Natural Gas PricesAfter the second quarter relief rally and the five-month peak, Natural Gas registered a four-week decline. This has shifted bias to the downside again, creating scope for further losses towards 1.940. However, a look at the daily chart shows that NGAS tries to react at the lower border of the Ichimoku Cloud. Furthermore, a Golden Cross (EMA50 crossing above the EMA200) has been formed, which is often viewed as a precursor of sustained growth.
This technical formation compliments the favorable fundamentals, as demand is set to increase this year, while key drillers lower their activity. Although the world shifts to renewables, Natural Gas is seen a bridge fuel facilitating this transition. Furthermore, it is heavily used in electricity generation, being the top source in the US and No2 globally. June was the thirteenth straight month of record high temperatures according to Copernicus, which can provide another tailwind for energy demand during the summer months. This in turn can increase Natural gas consumption and support prices.
As a result, NGAS can reclaim the EMA200 that would give control to the bulls and the ability to push for the June peak (3.164). The upside contains multiple technical roadblocks though and there are risks to the upbeat supply-demand dynamics.
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Past Performance is not an indicator of future results.
Where bitcoin goes MARA follows - Current Macro developmentsHi guys! As usually i keep my eye open for macro changes or signals that may lead to major moves. Of which Marathon (MARA) has been on my radar.
This analysis is done on the 1 week timeframe.
We are currently attempting to get Above our Major level/ area around $18-20.
This area also coincides with the 21 EMA.
Which we are also ABOVE as we speak.
However, remember it has not yet confirmed that we managed to get Support from 21 EMA.
Also note that we recently tested Support on 50 SMA and have maintained it 6 weeks in a row. This fact makes me think, we will continue UP -> At the very least to the Upper range of the consolidation orange rectangle at $28.00
We have not yet printed a death cross which is a good sign indicating probabilities pointing towards continuation of Uptrend.
Pay attention to next weeks candle close for more clues.
Ive also highlighted our current price action to be part of a Consolidation range, from $15.00 to $28.00
I think it makes sense for us to be consolidating as we are making our way out of the bottom of the market for MARA. (around the 3.50 area) Since then we've already climbed roughly 1000% to our top around $34.
21 EMA and 50 SMA flattening out also supports the Consolidation occuring.
Consolidation is basically when an asset tries to digest rallies, trying to catch its breath.
And now we have to assess whether theres further momentum left to continue our Bull market or make our way back down.
If Bull market continues, we can make our way back to this Major Resistance lvl labeled. We have touched this line 3 times in history previously and it marks Blow off tops of Bull markets for MARA.
If we get rejected from this Major level, we can make our way back to the sloping Support trendline labeled below.
So to find a sense of whether or not MARA will continue or come down to test the lows, we look to 2 indicators that i love using to assess "momentum".
Notice the STOCH RSI.
Everytime we come down to the 20 lvl, we stay Below for extended periods ranging from 57 days to as much as 126 days.
When we cross Bullish and move UP Above 20 lvl, we tend to have Rallies UP.
1 pattern though, with STOCH is its relationship with Moving Averages 21 EMA and 50 SMA.
When Purple (21 EMA) crosses Below Green (50 SMA) Moving Average and there is a STOCH Bull cross, sometimes it doesn't impact big rallies.
BUT When Purple is on top of the Green Moving Average and STOCH crosses BUllish Above 20 lvl. This is a pattern seen in relation to big rallies UP
So if we can get a STOCH Bullish CROSS Above 20 level, while our 21 EMA is Above our 50 SMA, we can expect to see a continuation rally. Watch also for a break Up and confirmation out of the consolidation zone.
The MACD is currently ABOVE the 0 level, with waning or decreasing Bearish sentiment. This is seen from the print of the lighter red bar of the histogram. The Blue/Orange lines are also attempting to Curve Up and try to Cross Bullish.
If we continue to print smaller lighter Red bars, and then see a Green bar print, it is likely momentum has turned Bullish.
Bullish Crosses ABOVE 0 level, tend to rally Upwards.
A MACD and STOCH CROSS together would be even better sign of uptrend to be PROBABLE.
ANd if we Breakout of the consolidation rectangle we are currently in -> its likely we test "Major Resistance" at around $60.
Keep observing and paying attention.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on MARA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Campbell's ready to pop!Campbell's looks primed for a pump for a variety of reasons
Massive 336 day rounding bottom with rising momentum
Golden Cross on daily chart
Hit overbought during recovery
Staples sector showing recent strength
Moving into range where it previously gapped down, potential for sharp rise to top of the range
Bullish flag since mid April
Long term monthly chart we can shows CPB recovering from the 200 period moving average along a very lengthy uptrend.
Snowflake Ascending Channel bound, with upside potentialHi guys! So always looking for opportunities in repeating patterns/ macro developments.
SNowflake (SNOW) particularly stuck out.
This analysis is conducted in the 1 day timeframe.
Since June 2022, SNOW has been in a Ascending Channel with consistent Higher low prints.
This shows a reoccuring pattern of everytime we've made our way to the bottom of the channel to test Support, we've had bounces to the Upside.
We've had roughly 4 major moves highlighted with returns ranging from 40% to 80%.
We have in April made our way back to test Suppport on this channel.
Currently up roughly 10%.
We are also Above the 21 EMA, maintaining Support.
This is also a reoccuring sign of a rally to the upside.
Currently our 21 EMA is curving to the upside. The rallies that have occured in the past from touching the support line of channel have shown this sign as well.
FOllowed by a Golden cross, where 21 EMA maintains its position above 50 SMA.
Look for this signal to appear.
There is also potential for another test of Support on the lower border of channel. Keep this in mind as it is seen when you look at the previous data.
Remember it is bad practice to trade using a single indicator or tool. Always try to find overlap of signals. Look to updates ont his idea for more evidence to make informed decisions.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on SNOW in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Utilities setting up?The daily chart on XLU provides rationale to keep a place on our watchlist. Recently it made a golden cross and seems to have broken free of a downdraft in price. Now it looks like the RSI could be searching for overbought.
One option is a momentum trade targeting the $71+ price. Personally I'd like to see it hit overbought, then that a position of it pulls back down around the 50 & 200 day MSAs. Looks like with some patience there could be 15% out there depending on how things develop.
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
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Past Performance is not an indicator of future results.
THIS IS EXIDEIND FOR LONGTERM INVESTMENTAs we can see stock is not very bearish as per volume fall and price fall.
Stock trading above 20 50 100 200 ema on the day
on weekly and monthly chart double bottom formation
a bullish crossover on daily and weekly
Golden crossover on 20th Oct
1st-time breakout attempt with heavy volume but can not sustain about 175
2nd-time breakout rounding bottom with good volume and sustain above 175
RSI65,
stock can retest as shown in the chart plan accordingly. in the chart, there are two long positions you can make but you the different risk-to-reward ratios you'll get.
educational purposes only!
Altmarket Total2 weekly log chart about to have a golden crossShown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good this thing can break up from its cup and handle and flag maybe by august or september. Possibly sooner possibly later but for now the breakout point of this handle and flag must remain speculative until we see a validation of a breakout. I roughly estimated a width for the handle by factoring in the weekly 50ma being able to hold support. If the weekly 50ma lost support I would then look for the monthly 50ma(not shown here ) to be the ultimate support. Some exciting targets here for the total2 alt coin market once these patterns validate their breakout. The cup and handle certainly seems like an attainable breakout target for the current bull cycle. The entire flag target seems like it could maybe potentially take 2 bull racket cycles to reach, however, If the 17 trillion target on the regular total cryptocap chart can be reached this current bull market. It’s possible that the high target on this chart could be reached this cycle too…this would likely only be if a currency like XRP, solana,link or possibly a mixture of them all suddenly took a lions share of the total market cap away from bitcoin..which seems unlikely…but if for some reason xrp was given for regulatory clarity once the sec ripple case was resolved, there is a chance all the financial institutions could start piling into it with as much ferocity as they currently have been doing with bitcoin….if so, the upper breakout target on this total2 chart could then be completely attainable in the current bull run. For now though I’m only setting my sights on the c&h target for total2. Will update the c&h target more precisely once a breakout point is established. *not financial advice*
HBAR triggering an inv h&s + golden cross?It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to shake some weak hands that long in this zone…of course it could validate and just continue up to the target from here as well…if it does try to dip back down to the MAs to test them for support and even dip back below the neckline, probability favors that it will likely break above the neckline once again before too long an d then validate at that point if it doesn’t already validate after this first break of the neckline. Of course if we see price flip the 200ma back to solid resistance, then probability will favor this pattern becoming a fakeout…but until then probability favors it validating. *not financial advice*
Total 2 heading towards double bottom breakout target. We can see the total2 chart’s price action has already reached the full target of the purple symmetrical triangle breakout. In doing so it also went above the yellow double bottom neckline and now is quickly making its way to hitting that full target as well. That full target is a 988 billion. In the meantime it appears like we may see a weekly golden cross soon. Take a look back at the previous weekly golden cross and you will see that if history repeats a true alt coin season will be melting faces in the near future. *not financial advice*
HCP runs to earnings on March 4th LONGHCP is a computer infrastructure company. The December earnings were a 160% beat. Given the
quicky evolving AI supertrend, the earnings might be expected to be another big beat. However,
that could be baked into the price. However, the explosive volatility of the last trading session
say otherwise. I will take a long trade here and chase this stock. I see it as pulling out of a
pullback and continuing on higher time frames.
After a 300% Run Mind has Retested and Gearing for More!First caught my attention by the scanner
🔎 *Symbol*: `MIND/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.005523`
🛑 *Stop-Loss*: `0.0029251700000000004`
💰 *Market Cap*: `0`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.00422966`
📥 Entry Price 2: `0.00476767`
📥 Entry Price 3: `0.0052025000000000005`
📥 Entry Price 4: `0.005637329999999999`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.00845267`
📤 Exit Price 2: `0.00932233`
📤 Exit Price 3: `0.01073`
📤 Exit Price 4: `0.01213767`
i realized this coin doesn't have an extensively long history, in fact it's very brief. But Recently We had a 300% Run. After that we Retested heading all the way down close to where a stop loss would be considerable at the bottom Fib Channel. On the other hand after a 300% a Correction is not only expected it's required.
Here are the the multiple reasons we'll Consider
MIND
a Continuation
We Have a Huge Breakout and the Swing Low Following Stayed above .213 Fib on Extension
Shortly After the Moving Average Providing Support Moved up through the Fib Channel it was Wicking toward during Correction
When ADX bottomed and turned around, the MACD Failed to break the signal line and signaled a buy now showing Strength
TSLA Golden and Death Crosses on a Daily Chart SHORTShown on this daily TSLA chart with the "alligator" indicator overlaid showing SMA 20, 50 and 200
without offsets are the golden crosses of last June as compared with the "death" crosses in
January. At least for the moment but sustained by the news and antics of its CEO, the writing
for TSLA may be on a gravestone?
ACHR a penny personal air transport startup LONGACHR is a speculative penny stock with big momentum this past week for a continuation trade.
The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but
improving on putting out the fire. No competition in its intended market. $5.00 strike calls for
March monthly for $75 look good. Once upon a time, I had a fellow ER doc who commuted to
work all the time by helicopter. Cost him some money but it added 10 hours a week onto his
life. He tells me this will be huge in time when the costs and economy of scale kick in. He
believe him 1000%. Buy, buy and then buy some more ( so long as you have your risk
management figured out. ).
Archer Aviation Inc. (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Archer’s goal is to transform urban travel, replacing 60-90 minute commutes by car, with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise and cost competitive with ground transportation. With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.
"Archer Aviation Inc. (NYSE: ACHR) Company Shareholder Snapshot"
Shareholders can expect long term growth and appreciation that is expected from the enormous cash position, experienced management team, and dual revenue streams.
The Company
Raised $1 Bln. of Capital
Went public in 2021 on NYSE
Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group
Key Company Highlights
Industry leading engineering team
COO and Chief Engineer have each previously built 7 eVTOL aircraft
VP of Tesla 100 person powertrain team
Targeting commencement of operations in 2025
"Archer Aviation Aircraft 2 Unique Revenue Streams for Explosive Growth"
The company has two explosive revenue growth strategies that have the potential for long term shareholder growth year after year.
Archer Air - Aerial Ride Sharing
Archers core business
Initially targeting 50% of revenue mix
Grow 70% to 80% of revenue mix over long term
Targeting 40%+ GM
Archer Direct - Aircraft OEM
Can provide meaningful upfront cashflows & revenue diversity
Targeting 50% of revenue mix
Transitioning to 30% over the long term
Targeting 50%+ GM
"Archer Aviation Aircraft Overview Electric Vertical Take-Off And Landing"
Performance
Range: Up to 100 miles, optimized for 20 to 50 mile rapid back-to-back trips with minimal charge time.
Speed: Up to 150MPH
Payload: Industry leading 1,000lbs, pilot + 4 passengers
Advantages
Safety: Will be certified at levels similar to todays commercial airliners
Noise: 100X quieter than a helicopter
Cost: Approximately 1/3 the cost to manufactured and to operate than a traditional helicopter
"Urban Congestion Is Not Sustainable - Archer (ACHR) Solves Issue"
In 2018, 55% of the world's population lived in urban areas according to the United Nations, a proportion that they project to increase to 68% by 2050
Traffic congestion cost the US economy nearly $87Bln. in 2018.
Vast majority of trips in urban areas are less than 50 miles long, but take more than an hour.
Major cities across the world have a similar dynamic, especially trips from airport to city center.
XEM Starting to breakout Ascending TriangleThe ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better.
The MACD has recently signaled a buy and we're cruising above the signal line.
We're forming an ascending triangle with the price target taking us close to the next fib line more importantly running that 50 period moving average to form a golden cross more than likely forming a new more volatile uptrend!
Watch XEM Y'all
Fib Ranges have it running between 100-400%
Golden Cross... Bearish expanding triangle....60k incoming...
It appears as though a bullish cross has happened on the DMI.
But on the same token, it appears as though BTC is trading in a bearish expanding triangle.
It will be interesting to see how well the resistance & support holds with increased volatility.
UNG ( Natural Gase Futures ETF) Swing trade Short then LONGUNG is shown here on the 15 minute chart with text box comments showing the three trades
over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at
what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used
to generate buy and sell signals in golden and death cross fashion. A dual TF RSI indicator is
used to support those signals. As swing trades with typical stop losses these were quite
profitable with low risk. As an alternative if a trader has options charting available the same
strategy/ method can be applied for significantly higher profit with less capital in each trade.
SPY: The Most Important Technical Turning Points (D&W analysis).The SPY is once again hitting a new all-time high today, with the market looking optimistic. As long as it continues to show the pattern of higher highs/higher lows, bullish sentiment will prevail. Last month, I made several warnings that we shouldn't try to guess the top, and that the trend is upwards. The only thing that could reverse the situation would be a clear reversal signal. The link to my last public study on SPY is below this analysis, as usual.
For now, I still don't see any technical evidence suggesting a correction or a pullback, but we should pay attention to some key points, especially its medium-term support levels, because if the SPY loses them, the bullish momentum could become weaker.
Despite leaving a gap below the price, today's candle is small, revealing a contained intraday movement. If this gap closes this week, it could be classified as an Exhaustion Gap, a technical piece of evidence that the trend is losing momentum.
However, the most important key point for the SPY is the yellow area in the chart above. This point is the area of the previous all-time high at $479.98, and a secondary top at $477.55. In addition, we see the 21 EMA rising, and it will probably enter this area soon, forming a triple support level.
A pullback to this triple support level is acceptable, and it's not a technical reason to believe in an immediate reversal; after all, pullbacks in an uptrend are buying opportunities most of the time. But if the SPY loses this point, the medium-term trend could reverse, in which case the next targets will be on the weekly chart.
We can see that just below the yellow area, we have support around $466, a previous bottom, and a point near the 50-MA (red line), which is set up for the daily chart, even though we see the weekly chart. This makes the area around $466 the next area of support should SPY begin a sharper correction.
Since SPY has materialized a Golden Cross pattern (when the 50-MA breaks through the 200-MA, the black line, upwards), we can say that the official trend is upwards, but it is important that SPY keeps prices above these support levels in order to maintain the long-term uptrend.
For now, we have to be aware that the trend is upwards, and we don't see the SPY losing any support levels yet, so there are no signs of a correction, let alone a reversal in sight. We'll proceed very cautiously, paying attention to its key points. In the absence of a clear bearish reversal structure, the SPY should continue to rise, until it reaches $500, which, although not a technical resistance, is more of a psychological resistance, as we know that the market has a soft spot for round numbers.
Of course, I’ll keep you updated on this, so consider supporting this idea if you liked the content, and follow me to keep in touch. What's more, keep in mind that the idea described above reflects my humble opinion. It is not investment advice, use it for educational purposes and to improve your own thesis about the market.
All the best,
Nathan.
Golden Cross $BTC in the new year?hello everyone, and welcome to the December.
Today, Bitcoin (BTC) is currently worth 37,9k at the current price as i made this idea.
with this position Bitcoin could make to 39k-40k and make the golden cross (at 1 week) early next year.
what do you think?
This is not financial advice, still do your own research.
btc weekly 50 and 200ma cross going parabolic (Golden Cross)Sometimes on a weekly chart things can take a little longer to take effect but this alone is going to attract big investor Money
Your average CNN type investor won't put money in anything that's doesn't have the 50 day MA above the 200 day MA
You Can go back in BTC's History and see this a Reoccurring Event that when the Crosses the 200 BIG Price Action Follows