Long-short
LUNA/USDT Next Move?Hey Traders,
Brief update about our analysis
Today we are monitoring LUNA/USDT . Yesterday was very active day on the market where price fell 23%. For now LUNA is heading towards the key support level of $52. Once it's there we will get better understanding of what will be happening after that but for now this is our vision of the LUNA
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Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Trading Idea - #ComcastMy trading idea for Comcast Corporation - Sell / Short
Target: 34.00 USD (+15%)
Stop: 43.00 USD
Comcast with the breakout below the descending trend channel. Double confirmation for a negative trend continuation!
Comcast Corp. is a modern communications and media company. The company is one of the largest video, high-speed Internet and telecommunications providers to residential and business customers in the United States.
Comcast delivers strong quarterly results (Q1 2022), but customer growth continues to be lacking.
GOLD: Possible cup and handleThe situation with Gold is complicated.
It looks like a cup and handle, which does not mean that you throw you money at it going long.
This is a very wild market.
Check it out.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BTCUSDT Buy or Sell, Up or Down?Guys/girls, What are we waiting for?
We are waiting for the orange color falling wedge to be broken.
It doesn't matter which direction it is. However there is more chance to continue this within the wedge for another couple of days till it comes to 35,000 -36,000.
Then it might break the wedge (Hopefully upwards but who knows?)
Anyway, I will wait till it pass 42,000 before enter. GL.
Is this a suckers rally or will there be follow through?I'm neutral on the sidelines watching this recent rally. I'm trying to decide if this is a suckers rally or will it break through resistance and test all time highs.
Notice that this entire correction was inside of a bullish wedge pattern and what we are seeing is the breakout. Generally breakouts lead to retraces, so price should come back down and test that broken trend line.
What do you think?
APEUSDT WeeklyS/R| Range POC| PA| Trend Evening Traders,
Today's analysis = APEUSDT - trading in a strong downtrend where a reversal is probable at the local trade location.
Points to consider,
- Price Action Correction
- Bullish OB Support
- POC Support
- Low Volume
- RSI Extended
APEUSDT's immediate price action is trading towards a key trade location that has technical confluence with a Bullish OB and a POC, allpowing for a bullish bias.
The immediate objective will be a reclaim of the Weekly S/R, this will signify strenght.
The current volume profile is on a decline, an influx is highly imminent on the next expansion.
overall, in my opinion, APEUSDT is a valid long with defined risk, price action is to be used upon discretion/management.
hope this analysis helps
Thank you for following my work
Sidemarket SPX 2 May 2022With the daily close of 1 May, with 80% confidence, we can assume that
SPX TOP is going to be around 4200
SPX BOTTOM is going to be around 4065
From Volume point, we can see that the POC is around 4150 area
From volatility point, we are in the 75th Percentile of HV, with an aprox daily movement of 1.46%, while current VIX is around 33 / sqrt(252) an aprox 2% implied daily movement.
So currently IV > HV, good moment to be a seller to benefit from overvalued option selling.
From the fundamental POV, news that can affect it
ISM Manufacturing PMI (Apr) , where the current forecast is bullish.
From the intraday mode, we can see as well we are in the middle ground(sidemarket)
I believe currently since is the beginning of the month, the overall sentiment that I have is sidemarket So an IC 4200/4050 can be a very safe bet with a very positive R:R
Btcusd 02 May 2022With the daily close of 1 May, with 90% confidence, we can assume that:
BTC TOP is going to be around 40k
BTC BOTTOM is going to be around 37k
Since the opening of the candle we can see that slowly the market moved in the long direction, approaching the 39k area
Our moving average rating, gaves us a LONG entry on 15 min at the beginning of the daily candle.(38300), and on 30min, at 38600
From Volume point, we can see that the POC is around 39k area, so if you dont want to enter now, you can until 39k is being broken and start the scalp position
From the fundamental POV, news that can affect $/BTC ISM Manufacturing PMI (Apr) , where the current forecast is bullish.
I believe currently we can scalp a long position, before we test the 40k area which we can use it as a take profit point and enter a potential scalp short entry .
S&P 500 Piercing Candle SupportIn my opinion the only support level that matters right now is the low of the bullish piercing candle that was formed on February 24th. Similar to a bullish engulphing candle it signifies a change in trend. The piercing candle is formed on a strong rally day with heavy volume after a sell off. Ideally the piercing candle should penetrate at least 50% of the previous candles body. In this instance we see price rejection at the 4500 level on February 9th which lead to a sell off through February 23rd. On February 24th buyers stepped in on heavy volume and put in the low for the year thus far. Afterwards there was a brief rally followed by a selloff only to see the rally resume. Unfortunately for the bulls the rally lost steam and price rejection was again put in at the 4600 level. It's not uncommon to see the low of the piercing candle tested before the low is confirmed and a sustained rally can take place. If the low of the piercing candle doesn't offer support then the minimum downside target would be in the 3600 range putting the index firmly into bear market territory.
Good Luck To All!
GBPJPY PROJECTION On the Daily TF price had broken a MAJOR structure area. Result creating a HH then a minor retracement which was a 23.6% on the fib. Price then created a HH then a Really Steep Retrace. Coming to an area of confluence with an area of exhaustion, hitting 38.2% (meaning being an official HL point), As well at a 160.000 QP level. Waiting for price to create an engulfing variation orrrr wait for a break of a strong area of resistance/structure to then look for buys.
Now on the H4 TF. we see that price is obviously in a steep countertrend to create that HL, So Ill be waiting to take a sell when price created a LH .
and finally #gold we're talkingI guess I've been shared a #TA about #gold previously but I don't remember where, here what I think #gold would do in the next couple of candles, just don't try any #positions on this #TA whether it #long or #short because this is just a #TA and it doesn't include any trading setup, not one bit!
I make every possibilities on the chart for you!
#stay #safe