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Megaphone

🐳Cardano will Go Up Again🐳Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 12h time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
🚧ADAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Watch this closelyAfternoon Traders, Here's what I am currently keeping my eye on at the moment. We are in this ascending megaphone pattern. This is typically a bearish pattern longer-term. The problem is that we don't know how much longer the pattern will hold before we, most likely, drop out of the bottom side. It could be weeks. It could be months. It could hold for a year. But what we should definitely be keeping our eyes on the most is that bottom side. Today it sits at just under 67k. Tomorrow it'll be just over. By my calculations, it looks to be rising at about $437 a day. Draw this one out on your charts and watch closely. As long as we remain inside the megaphone, I am still long, with growing caution over time. But once we break that bottom line, look out below! Best, Stewdamus
INDEX:BTCUSD
by stewdamus
OPUSDT Road Map🗺️!!! situation+next targets.Hi. BINANCE:OPUSDT ✅Today, I want to analyze OP for you in a Weekly time frame so that we can have a MID-term view of OP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). All says above the incoming breakout and rally🚀 ✅ Due to the Ascending structure of the chart... 🟢658 Days of Ascending Accumulation 🟢Higher Lows Structure 🟢Fixation above the $2.6-$3 Major Supply Zone (Megaphone) 🟢Megaphone is under the Upper Band of Ascending Accumulation Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Buy AUDJPY Megaphone PatternThe AUD/JPY pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined megaphone pattern. This pattern, characterized by expanding channel lines, can suggest both bullish and bearish continuations depending on the context. However, in this case, certain factors point towards a potential upside move. Buy Entry: Consider entering a long position around the current price of 98.28, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bullish targets lie at the previous resistance levels within the megaphone, now acting as potential support zones: 98.73 and 98.94. Further upside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the megaphone, ideally around 97.95. This helps limit potential losses if the price reverses and breaks back downwards. Thank you
Long
by KABHI_TA_TRADING
8
$TSLA - week of 2/11/24Keeping this simple on NASDAQ:TSLA this week. Looking for a break and hold above 194, then targeting 206 for this week. Will also be dependent on the environment, including CPI data Tuesday. Short-term bullish. Monitoring reactions at 206 is critical to determine longer trend. Possible Megaphone pattern forming on Daily, following a strong downtrend RSI curling upwards after dipping in the 20's. TSLA has historically bounced when RSI reaches the 20's Daily bounced off of 9ema and held EMA's trying to curl up Volume spike on 2/5 as it touched trendline, showing bulls pushing the price higher If 194 holds, looking for 206 - maybe Tuesday or Wednesday. Big gap fill in this zone 206 will be key to watch. If we see a hard reject with a vol spike on the daily, I'll be looking at a longer dated short to 167.50 (next week cons) Targeting weekly 200c's, likely full exit at 206. NASDAQ:TSLA
NASDAQ:TSLALong
by D_Rockefeller
UBER rising after VWAP bounce LONGUBER on a 30 minute time frame chart crossed over an anchored VWAP about January 25 and topped January 30th then retested the slowly rising mean anchored VWAP in a double bottom fashion on the following day. The relative strength indicator is in the 65-75 range and the zero lag MACD cycling mostly above the horizontal zero level. I see UBER as suitably setup for a swing trade long when it is near to the bottom of the support trendline in the ascending megaphone pattern.
NYSE:UBERLong
by AwesomeAvani
Is Boeing a buy before earnings? LONGThis is a daily Boeing chart with the idea on the chart in the text. There may be a good entry before earnings using a stop loss under the POC line and an ultimate target of the projected trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation and its sequelae. A megaphone pattern demonstrates increasing volatility in price action which is something some traders take to the bank. My analysis is that this may be a safe swing trade until the report of the 24Q2 earnings in about 100 days.
NYSE:BALong
by AwesomeAvani
21
SPY- Bearish Megaphone - UpdatePosting another quick update here on the SPY as it closed last week sitting on its 50-day SMA, after the 50-day SMA crossed below the 100-day SMA, while simultaneously rejecting the .50 FIB level. The SPY is holding yet another bearish megaphone as buyers and sellers continue to fight, accompanied by some slight bearish divergence on the RSI. Just some key FIB levels to keep an eye on in the interim, along with some RSI-based supply and demand zones, staying hedged. --Previous Charts Attached In Description --
AMEX:SPYShort
by jacobosiason7
SPY- Bearish- UpdatePosting another quick update here on the SPY as a lot has transpired in financial markets over the past few months, yet buyer and selling continue to dictate the price action in my opinion. On the 4-hour timeframe, the SPY is oversold and has formed a bullish ABCD Elliot wave, while also holding a falling wedge within a bearish megaphone. On the daily timeframe, the SPY has formed a bearish head and shoulders (Pictured Below) and has broken below its 200-day SMA. The weekly timeframe depicts two bearish megaphones as well, with the SPY having held within the larger of the two since November of 2021. Just some support and resistance levels to keep an eye on in the interim, along with some RSI-based supply and demand zones, staying hedged, and staying cash. --Previous Charts Attached In Description -- SPY Daily Timeframe SPY - Daily - Bearish - Head and Shoulders (Bearish) - Broke Below the 200-day SMA - Sitting on the Covid-19 Trendline Support SPY 4-HOUR Timeframe - Oversold on the RSI - Bullish ABCD Harmonic Pattern - Falling Wedge Within a Bearish Megaphone - Sitting on the Covid-19 Trendline Support --Previously Charted--
AMEX:SPYShort
by jacobosiason7
Expanding Wedge - 100K Target 🎯🚀 Ever heard of the megaphone pattern, also known as the expanding wedge? It's like a trading puzzle waiting to be solved. Let's dive into this intriguing pattern, its dynamics, and the buzz around Bitcoin's potential target of $100,000. 🔍 The Expanding Wedge: Imagine drawing trendlines that widen instead of converging – that's the megaphone. This pattern signifies increasing volatility as prices swing wider highs and lows. It's like the market's way of saying, "Buckle up, things are about to get exciting!" 📈 Dynamic Price Action: The megaphone pattern typically occurs during periods of uncertainty, where traders and investors grapple for control. The widening range showcases heightened price swings and potential trend reversals. 💡 Unveiling Targets: While patterns provide insights, they're not crystal balls. The megaphone pattern doesn't directly dictate price targets, but it does hint at increased volatility and potential market shifts. 🎯 Bitcoin's $100,000 Buzz: The $100,000 Bitcoin target has been a topic of speculation and excitement. While the megaphone pattern might not be the sole driver, the expanding volatility it represents aligns with the rollercoaster journey towards new heights. So, what's the takeaway? 📊 The megaphone pattern is a visual cue that volatility is on the rise, which can lead to significant market moves. While it's exciting to speculate on targets, it's important to consider various factors that contribute to price movements. Stay curious, keep an eye on those expanding triangles, and remember that trading is like solving a puzzle – each piece contributes to the bigger picture! 🧩🚀
INDEX:BTCUSD
by AlexWhale
1
SPY- Bearish- UpdatePosting a quick update here on the SPY as a lot has transpired in financial markets over the past few months. The SPY has been driven by buyer volume and momentum. Prime examples include but aren't limited to, NVDA-reported earnings, following the existing hype surrounding the AI Sector, which for lack of better words, has created a bubble in itself by only furthering the existing momentum. Simultaneously, while 5 stocks carry the S&P, smaller-cap names have been trading sideways or have been getting crushed amid all of the intraday volatility, creating the market that we're currently in; over-extended, with no fundamental rationale to support it considering the state of the economy. Where I stand, we're in unchartered territory. Interest rates already being very high, the 30-year hitting 7% last week, a strong job market, and the NAIRU remaining above 4% along with the NROU at 4.22% and the NAIRU being. SPY-Weekly On a technical note, pictured on the chart are two massive bearish megaphones, one drawn in red, and the other blue. The RSI on the SPY is bordering on overbought territory, the VIXY is looking very bullish, holding a large falling wedge, with momentum increasing as the Heiken Ashi Candles indicate. With the USD sliding and geo-political turmoil rising, the markets are in unchartered territory. Treading lightly here, again, some RSI-based supply and demand zones to keep an eye on in the interim along with key support and resistance levels in white, bearish short-term & eyeing long-term holds to scale into. VIXY - Daily --Previous Charts Attached Below--
AMEX:SPYShort
by jacobosiason7
4
GOLD to OIL prices the RATIO ANALYSIS ( and meaning )GLD is an ETF tracking gold futures prices across a blend of durations. USO is a similar ETF for crude oil. I was interested to see what the ratios look like and considering the trading advise of buy low should I be trading and bartering gold to get oil or viceversa. It is applicable for be because I am in part a commodities trader and has some activities on the leveraged forex market. On the daily chart dressed with a set of two long term anchored VWAP standard deviation lines , and some horizontal static resistance lines added, it is obvous to me that the ratio is currently sitting on the mean VWAP band for support confluent with the lower trendline of the ascending megaphone pattern which is typically considered demostrative of increasing volatility. I conclude that if I am a barterer I should trade my oil for gold. If I have gold only and dry powder I should increase my gold holdings. If I prefer trading oil I should short the market. This is because the ratio is set up to rise. The means that gold will rise or oil will fall or some hybrid combination of that. My entry here is when the volatility on the indicator is green and crosses over the running average. This is a simple demonstration of how charting with TradingView can help a trader make well- grounded and profitable trading decisions while lowering risk and making profits more probable. What do you think of this analysis? What are your agreements or disagreements with it?
AMEX:GLD
by AwesomeAvani
2