It might surprise usWhile everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy again and hold until price touches the upper vertex (200 or so). SL very wide 120 or so.
Longterm
ATOM - Trading The Range 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 ATOM has been hovering within a big range between $5-$6.5 support zone and $15-$16.5 resistance zone.
📉 Currently, ATOM is in a correction phase and approaching the lower bound of the range.
📚 As per my trading style:
As #ATOM approaches the lower bound of the range, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.
After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.
Moreover, the green zone around $650 is a strong demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.
📚 As per my trading style:
As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Pre-Halving Scenarios 📈📉Hello TradingView Family / Fellow Traders,
Let's keep it simple!
BTC has been trading within a large range bounded by $60,000 support and $70,000 resistance.
Currently, BTC is hovering around the lower bound of the range at $60,000.
Scenarios:
1️⃣ Bullish
As long as the $60,000 support holds, we expect the bulls to take over and push the price towards the upper bound of the orange channel. (to be confirmed on lower timeframes)
2️⃣ Bearish
If the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
20% Upside Potential idea 🔥 - Bata🔥 20% Upside Potential idea - NSE:BATAINDIA
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name -
Bata India
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
ETH 1D LONGI invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect such large drops.
The green color shows the ranges of levels that I expect in the next months of the bull market.
Dogecoin (DOGE): Zoom Out and hop on the next Big Move!Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the Fair-Value-Gap on the Monthly Chart, suggesting a robust and effective market response. Given these developments, our expectation is that there won't be further significant dips below this level.
Looking at Dogecoin on the Daily chart, we observe a significant Demand Zone which we believe should be respected if tested another time. We choose not to zoom in further as the range appears quite defined to us.
We are placing our stop-loss just below this touched and thoroughly respected Demand Zone. If we repeatedly enter and "cut" through this zone, we might consider exiting the position prematurely. However, unless that happens, we plan to maintain our position.
Our minimum target is the level of the previous All-Time-High. We anticipate breaking the local daily chart high of $0.23, aiming for higher levels as part of our ongoing trading strategy.
GPT/USDTBYBIT:GPTUSDT.P
his idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
THORChain (RUNE): An outlook on the Higher TimeframeAt BINANCE:RUNEUSDT , we are initially examining the monthly chart because we believe it reveals something very significant and promising. We are potentially in a major Wave 3, which could realistically target at least $34.70. This is a considerably high target, yet feasible for Rune given its performance relative to other cryptocurrencies—it hasn't risen as sharply, suggesting there might be substantial upward potential once it breaks out.
We have observed multiple fakeouts around this trendline but have never truly broken above it. This trendline, along with the demand zone highlighted on the monthly chart, will be crucial anchors for our analysis.
We do not expect to fall below this demand zone; it forms the basis of our swing or spot bag setup for Rune. The response to recent price dips has been encouragingly positive, indicating resilience. If we see a clear breakout above this trendline and the price successfully consolidates above it, we anticipate significant bullish momentum to follow.
DXY - Are You Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DXY has been overall bullish , trading within the rising channel in red.
Currently, DXY is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and green resistance.
📚 As per my trading style:
As #DXY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDJPY - Wait For The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDJPY has been overall bearish, trading within the falling channel in red.
Currently, NZDJPY is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a demand zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and green demand zone.
📚 As per my trading style:
As #NZDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
20% Upside Potential idea 🔥 - SAREGAMA🔥 20% Upside Potential idea - NSE:SAREGAMA
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name - NSE:SAREGAMA
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
AEGISCHEM go long for 33-34% targetAEGISCHEM go long if it cross 387.15
Entry: 387.20
stop loss: 317.90
targets: 518.95
Time Period: 6-7 months
Please consult your financial advisor before getting into the trade.
Bunching of Moving AveragesTypically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing on a 5day (can also be seen on a weekly).
Examples of this same bunching of moving averages can be seen on ETH, DOGE, BTC, etc. if you go back in time. Currently, Cardano is one of the only ones that is in this position.
BTC - Roadmap to 80k 🗺Hello TradingView Family / Fellow Traders,
For those who know me, it's clear I always like studying previous price action.
"Know yourself, know your enemy. Many battles, many victories."
~ Sun Tzu
I find the Bitcoin Daily Chart interesting.
If we compare this impulse movement to the previous two, we can see that after 58 days, the correction starts, and it actually did as per my last BTC cycles analysis.
What's next?
As long as the $60,000 support holds, we are now expecting the start of the next impulse movement.
According to the previous bullish impulse, we expect this upcoming impulse to reach the $80,000 mark.
What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
$XLM looks to repeat 2016-2017 price action?Look at the price action of 2016-17 and look at the current price action.
I just wanted to highlight the main points of correlation.
The trend lines are clones from the 2016 price action and fit well into the current price action.
The fractal is what the price action could be if it follows the pattern of 2016-17.
First major move top target is 1.8-2.8
Second major move top target is 18-28
The previous two cycles in XLM had major moves only after the bitcoin halving. Could this time be different?
If the time frames are to coincide with the 2016-17 price action, we should see the first top in 4 days, so that is by, April 17th.
I'm indifferent whether it happens or not, I'm just grateful to notice the similarities in the price action and be able to share this with the world.
#Bitcoin needs to reclaim the 70K!#Bitcoin update
BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support.
currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here.
we need to reclaim the 70K resistance for bullish momentum.
But for now, the
Dusk is still in the air; it is better to wait for the market to stabilize.
Stay tuned for more updates.
MGRM 2 hour idea w/ MACD and High/Low + News.NASDAQ:MGRM is set to a 2 hour view. This is looked at with MACD and high/low code. The stock was slightly bullish with investment news, but has strayed bearish for a remainder of the time.
MGRM is a long-term trade, with high potential. The stock saw a high of $4.90 on the news, but didn't gain much traction. That was over a 70% gain on the day.
4/10/2024 news is that they signed with NVIDIA to a pilot program for AI software paired with their surgical robots.
20% Upside Potential idea 🔥 - PI Industries🔥 20% Upside Potential idea - PI Industires
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name - NSE:PIIND
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
5% Trade Ideas #5PercentTrade -JUBLINGREA #5PercentTrade #Equity
5% Trade Ideas is a type of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
✅ Stock Name - NSE:JUBLINGREA
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Bitcoin Bullish Retest🔥🔥🔥 I entry long BTC/USDT from $66300 stop loss 64000$ in the Futures wallet. It certainly won't hurt if you buy it long-term. 2024 is expected to have many innovations in Crypto industries. The selling plan is basically no worse than $75 000 or $80 000.
Bitcoin dominance is rising to 54%. Asian countries are gradually adopting Bitcoin ETFs. Bitcoin halving is 7 days away.
TIA - Shift In Momentum In Action 📉📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 TIA has been overall bearish , trading within the falling wedge pattern in red.
However, it is currently approaching a strong support zone and round number $10.0.
As long as the support holds, we will be looking for buy setups.
🏹 For the bulls to take over, a break above the last major high at $13 is needed.
In this case, a movement till the $20 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich