TSLA at Critical Level - Could Go Either WayTSLA is at a critical point with the volume shelf and other factors that could mean either direction.
Bull Case:
Retesting Breakout Level
Falling Wedge on Daily/65m
Bullish Divergence on 65m
Some Bollinger Band squeezing on 65m
Bear Case:
Net Premium flow favors puts heavily
Bearish Engulfing Candle on Weekly
MACD crossing down on Daily
Hidden Bearish Divergence on Daily that may not have completely played out
May be slightly below volume shelf - next shelf at $912
Diminishing Volume on Daily
So:
If Bulls Win... (price breaks $1,037)
PT1 - $1,045
PT2 - $1,065
PT3 - $1,087
If Bears Win... (price breaks $1,021)
PT1 - $1,011
PT2 - $1,000
PT3 - $1,090
Macdivergence
AUDUSD - Bearish Divergence Hi Traders!
Here is our analysis for AUDUSD.
If you have any questions, additions or another point of view, we would be glad if you comment!
Thanks and successful Trading :-)!
---------------------------------------------------------------
***Trade at your own risk***
***Not every idea is traded by us***
Welspun- A good buying opportunityWelspun India is about to boom!!
- The MACD line is above the Signal line
- RSI is about to cross 60
- Supertread is in green
- 5 DMA is cutting 26 DMA
Most Indictors are showing good strength
**Disclaimer: Do Your Own Research**
**Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise**
3 indicators to eliminate false signals This is Matic/U.S Dollar and I'm using 3 indicators to help with eliminating false buy/sell signals.
1) MACD
2) RSI x 2 ( 25 & 100)
3) Supertrend
New to day trading crypto but these are super helpful indicators and you have to make sure the lines cross in the RSI and the MACD to have a good signal to buy or sell. In the MACD the blue line must cross the orange line to have a good signal.
Long - COSMOS ATOM MACD Divergence on WEEKLY Timeline We had a bullish divergence in the weekly time frame on the MACD indicator. Last time this happened we had a 300% bullish run.
Following the current trend-line, ATOM might be able to break through the short and long-term resistance levels.
I personally think ATOM - COSMOS is a good project in the crypto scene and one that is currently undervalued. I would put the future worth of cosmos - atom somewhere in the thousands near the early days of bitcoin ($2500+).
I don't know if this will play out but I do love the idea and thought it was interesting. Please feel too judge this analysis yourselves and let me know what you think in the comment section below.
CHZ!What now ? Bulls or Bears? $CHZ \\ Probably 100%+ increse ?Hi everyone,
According to my daily candlestick charts,
#Falling Wedge
it seems that we are currently inside a Falling Wedge since 2021 March 15th, and according to the rules, we already hit the top 3 times, and now we have to head to the bottom to reach 3rd time, and after that we burst.
#ICHIMOKU CLOUD
We can clearly observe that we are inside the RED ichimoku cloud, so it is possible to fluctuate between the top and bottom line of the ichimoku cloud. It is also evident that as far as we can see, the ichimoku cloud will get very thin, and then will probably switch to green color and if we can go above the ichomoku cloud, hell baby, we are on! :)
#STOCH RSI
Both lines in the Stoch RSI have gone below 80 points, that signs us the price will decrease, we will see..
#MACD
Since December 4th, we havent go above the negative value, since March 22th, since I am bullish, I do not think that we will go to - area soon.
#Conclusion:
The price will probably decrease in the following days maybe even get halfened, but afterwards we should go to the moon.
+Info: PLEASE CHECK THE WEEKLY CANDLES. WE ARE VERY BULLSIH, BUT A HAMMER CANDLE HAVE JUST FORMED, WHICH COULD HAVE A VERY BAD CONSEQUENCE.
Please, please, share your idea and like mine :)
Best wishes,
Athomasso
HOME DEPOT LONGHonestly Home Depot is at a pretty stable support level( at 300) that it hasn't broken over the last year... That's not to say that it wont break under. I think That HD will go back up to the 330-340 range within in the next couple of weeks.
MACD is in a downtrend momentum but that can all change the market had some pull back the last couple of days after a crazy rally.
I think buy early May we should see some positive MACD. Which I think will take Home depot back to the 400 a share range.
RSI has it oversold and its been like that for the last 2 months. Hopefully with the market stabling and things coming to a close in Ukraine we will see home depot go on a little bull run.
Gold possible moves this weekPossible moves of Gold in this week
i mentioned in the chart,
if we look technically macd is giving divergence,
after a huge fall, market may go for retesting the supply zone,
near targets i mentioned in the chart,
if you like my analysis, Kinly follow me. comment.
i need to know you openions.
if you are in profit, using my analysis as advice, than kindly feedback.
Ethereum - signs of bull Market worth a shot if used stop loss correctly
.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
BTC Weekly Timeframe Analysis Chart
- BTC on the weekly timeframe. Weekly is not the strongest macro timeframe. Sometimes proves false signals.
Dragonfly / Gravestone Doji
- Highlighted in the green are the dragon fly doji's (recent signal doesn't close until Sunday)
- Highlighted in the red are the gravestone doji's
- Arguably the strongest significant Japanese Candle Stick for trend reversals.
Link: www.fxdayjob.com
RSI:
- Decreasing RSI + Increase in Price = Hidden Bullish Divergence
- Increasing RSI + Decrease in Price = Hidden Bearish Divergence
- Note that in summer of 2021 we had the same confluence in the chart.
MacD:
- Classic bullish divergence on the weekly.
- Note that bigger timeframes (Monthly, 2 week) are bearish.
Moving Averages:
- 50 Day $47,000
- 200 Day $20,000
Analysis:
- This is a high-risk trade b/c of current events.
- Fed is set to have a meeting regarding equities in March. (Likely to be very negative)
- I predict a further continuation rally here. May not bring us to ATH but, a recovery rally.
- Most importantly, do your own research. Strive to be a better trader every day.
Short MELI CMP $1085.36Short MELI CMP $1085.36. This one is clear downtrend. Appears to be double bottom pattern but price will continue to fall to $900 area as per analysis. Trading below all major moving averages. No signs of buyer stepping in. MACD turned negative recently. Short target of $900 area coming soon which is also 200 SMA level on weekly chart.
LTHM Falling Wedge Breakout to $30!Hey Traders,'
As you can see on the 1D chart of LTHM, we have experienced lower lows and higher lows, symptoms of a falling wedge. The target out of this falling wedge would be $30-31. However, I would keep a close eye on the golden pocket level and potentially start taking profits at $28. The weekly MACD is also showing signs of reversal to the green area. We additionally have a Bullish Divergence to top this off, the price is descending while the momentum oscillator (RSI) is ascending! In the very rare case we breakdown the target would be $13-15.
Safe trading,
-Pulkanator
API3 Will Break Any Day Now!Hello traders,
As you can see on the daily chart of API3, the price performance has been in a downtrend recently however the Momentum Oscillator (RSI) is showing a bullish divergence by presenting us with lower lows! The weekly MACD is also revealing a possible divergence to the green, I see a very low likely hood of it continuing to be red mainly due to the fact MACD's come in swings of 3, which we have already experienced.
Safe trading,
-Pulkanator
Bearish Pennant forming on Shiba, time to enter a short!Hey Traders,
As you can see on the 4HR Chart of SHIBUSDT, the price action has formed a nice symmetrical triangle/ bearish pennant. I strongly believe that this will break down to the downside mainly because of the MACD. In the rare case Shiba breaks out the price target is 0.000027 (+27%). My price target however for the breakdown is 0.000017 (-18%). Anyways, this coin is shit also because I have to memorize how many zeros there are.
Safe trading,
-Pulkanator
Short $NIO $29.30Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.
SAND, PREDICTED CORRECTION !
Look at the Bitcoin please:
------
Due to the resistance that the both bitcoin & sand have, my prediction may come true...
------
*Futures setup*
-Safer entry point (for short): after breaking the bullish trend.
-Target: (3.46) - (3.27) - (2.92) - (2.86)
-Stop limit: 4H candle confirmation over the highlighted red resistance.
------
*Note: Trading in the current situation, carries a high range of risk!
Take care >_-
GBPCHF WAITING FOR DOWNTREND CONFIRMATION✅Price has bounced off 61.8 retracement level and ascending trendline. RSI & MACD bearish divergence suggests a bearish move towards the highlighted support.
Breaking the support and holding below it will shift the trend to bearish and the price could rally down to break the ascending lower trendline.
A break above the resistance will resume the uptrend towards 1.260 initially.
An introduction to the MACD indicatorHere is my quick and dirty introduction/explanation of what the Moving Average Convergence Divergence (MACD) indicator………… indicates.
The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that follows the intimate relationship between a 12-Period EMA and a 26-Period EMA on a price chart in whatever timeframe you are in.
The MACD indicator is made up of 6 parts, the MACD Line, the Signal Line, the Histogram, the 0.00 Base Line, the Positive Zone and the Negative Zone.
As default, the MACD Line is calculated by subtracting the value of a 26-Period EMA from the value of a 12-Period EMA on your chart to give you your MACD Line value. The MACD indicator will give a MACD Line value in whatever timeframe you are in.
The Signal Line is a 9-Period EMA of the MACD Line and is used with the MACD Line to generate/trigger Buy and Sell Signals. If the MACD Line crosses ABOVE the Signal Line, that is considered a Buy Signal. If the MACD Line crosses BELOW the Signal Line, that is considered a Sell Signal. Note that Buy and Sell Signals can be generated in both the Positive and Negative Zones
The Histogram is a graphical representation of the distance between the MACD Line and the Signal Line (9-Period EMA).
Green Histograms will appear above the 0.00 Base Line when the MACD Line crosses ABOVE the Signal Line. The Green Histograms will Increase in size the further the MACD Line moves upwards & away from its Signal Line. The Green Histogram will also lighten in colour if the MACD Line fails to move higher to create a higher Green Histogram Bar.
Red Histograms will appear below the 0.00 Base Line when the MACD Line crosses below the Signal Line. The Red Histograms will increase in size the further the MACD Line moves downwards & away from its Signal Line. The Red Histogram will also lighten in colour if the MACD Line fails to move lower to create a lower Red Histogram Bar.
The Positive Zone is the area ABOVE the 0.00 Base Line. If the MACD Line crosses above the 0.00 Base Line, this means that a 12-Period EMA is ABOVE a 26-Period EMA on your price chart in whatever timeframe you are in. So to reiterate, the MACD Line will be ABOVE the 0.00 Base Line when a 12-Period EMA is ABOVE a 26-Period EMA on your price chart.
The Negative Zone is the area BELOW the 0.00 Base Line. If the MACD Line crosses below the 0.00 Base Line, this means that a 12-Period EMA is BELOW a 26-Period EMA on your price chart in whatever timeframe you are in. So to reiterate, the MACD Line will be BELOW the 0.00 Base Line when a 12-Period EMA is BELOW a 26-Period EMA on your price chart.
Note that the MACD indicator has no upper limit in the Positive Zone and no lower limit in the Negative Zone.
The MACD indicator can also be used to show Divergence between the Price and the MACD Line. In a Bullish scenario, if the Price is making Lower Lows and the MACD Line is making Higher Lows then this is potentially Bullish.
For a Bearish scenario, if the Price is making Higher Highs and the MACD Line is making Lower Highs then this is potentially Bearish.
The MACD indicator can also be used to show Hidden Divergence between the Price and the Histogram. In a Bullish scenario, if the Price is making Higher Lows but the Histogram is making Lower Lows then this is potentially Bullish. For a Bearish scenario, if the Price is making Lower Highs but the Histogram is making Higher Highs then this is potentially Bearish.
The MACD can sometimes produce false positive as can be seen here where we have Bullish Divergence with the Price Converging with the MACD Line but no real breakout happened.
Note that the MACD Line and Signal Line will be in line with the current Candle Wick in whatever timeframe you are in.
The MACD indicator is a lagging indicator but it also has the power to be predictive especially with potential upcoming Buy and Sell signals, divergence and when used with other indicators like Volume, the Ichimoku Cloud, Bollinger Bands, MAs or EMAs, RSI, ADX DI to name but a few as these can help complement the MACD signals to help get a much clearer picture as to what is going on and what may happen on your chart in whatever timeframe you are in, because there is a lot of BS, FUD, FOMO and utter crap out there so a little clarity is always helpful ;-)
For me the MACD is a very useful indicator with my trading, so I hope you have found this quick and dirty MACD educational post helpful. Happy trading.
Notes:
MACD Line = 26-Period EMA Value - 12-Period EMA Value = MACD Line Value
Signal Line = 9-Period EMA of the MACD Line. Used with the MACD Line to trigger Buy and Sell Signals
Histogram = Distance between the MACD Line and the Signal Line
0.00 Base Line = Crossover point to the Positive Zone and/or Negative Zone
Positive Zone = a 12-Period EMA is ABOVE a 26-Period EMA on your price chart
Negative Zone = a 12-Period EMA is BELOW a 26-Period EMA on your price chart
EMA = Exponential Moving Average.
Short ROKU CMP $180.41Short ROKU CMP $180.41. Price continue to fall for $ROKU. After my recent short target $205 area achieved, I think stock has more room to go down and is heading towards $160 area where it started it's major run. MACD turned negative and it's trading below all the major moving averages. Short target of $160 area in coming days. Various support and resistance are marked in cyan color lines. Setup is invalid if it trades above 20 SMA price level.