Movement
ITC LIMITED 1HRTOMORROW STOCK🔰
ITC limited is looking good for tomorrow price is in the rangebound and formed triple top if price breaks the resistance it will give upper moment if price reversal from the resistance price will touch the support trade after good confirmation
Have a profitable day
Thank you😊
Nifty 1hrTOMORROW ANALYSIS🔰
Nifty formed an triangle three times touched that upper resistance looking good for tomorrow nifty will give good moment either up or down formed nice pattern good green candle formed in 1 day TF may be tomorrow break that resistance.
Hope you have a profitable day
Thank you😊
ETH - Bullish Channel inside a Bearish Channel!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ETH has been bullish lately trading inside the rising blue channel.
However, this bullish movement is simply a big correction movement inside a bigger bearish channel in red.
The highlighted purple circle is a strong zone that might be holding ETH down as is the the intersection of:
1- Upper Red Trendline acting as a non-horizontal resistance
2- Upper Blue Trendline acting as a non-horizontal resistance
3- 1500 being a horizontal resistance and round number
But of course, no matter how strong a zone is, price can still break it upward.
Thus, as ETH approaches the purple circle zone, I will zoom in to lower timeframes and look for bearish reversal setups for extra confirmation that the bears are taking over.
In parallel, as ETH approaches the lower blue support and trendline, we will be looking for buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ANALYSIS OF THE BULLISH MOVEMENTHello everyone!
Today I want to discuss with you the bullish movement or bullish momentum.
The topic is interesting, and most importantly profitable!
Beginning of observations
To begin with, we need an uptrend.
If you open long positions when there is an uptrend in the market, you will make a profit more often.
The best entry point will be a reversal, after correction.
This is the moment we are waiting for.
The beginning of the correction will be marked by the renewal of the lows and the scrapping of the upward trend.
An imbalance appears on the chart, usually in the area of the level breakout..
Reversal+position opening
The beginning of an upward movement begins to emerge when the price cannot update the minimum and begins to form each new minimum above the previous one.
In addition, the structure breaks down and an imbalance appears in the area of breaking the level up.
Long positions can be opened at these points.
If you did not have time to open a position or want to wait for a conservative opportunity to enter, you can open a long position when the price returns to the previously broken level and tests it again.
Goals
Previous highs may be the targets.
This price movement pattern is observed on all timeframes every day.
With the correct use of this method, if you have trained well and learned how to correctly identify these points, you will be able to earn.
Train, study and earn .
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
$DXY Projection until 2024!We all Know we are in a bad situation, so many crisis in this situation, we all facing a inflation, jobless, crisis energy and many more. We are just hope with monetary policy in each country. Dollar Domination will svck the all any fiat. FED interst will increase this year with a target of 3.75-4%. And What FED will do ? keep update on economic macro in this situation. this is my outlook. You can sharing you're outlook to in comment section ! i really appreciate it if you sharing with me :) Love u guys cheers ! stay safe
Bitcoin Detailed Top-Down Analysis - Day 51Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
51 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Daily US Volatility Forecast 27 May 22 SPY,SPX, QQQ, NDXSPX/ES/SPY 27 May 2022
For today, the current expected volatility is going to be below 1.8% with a chance of probability of 85%
For SPX/ES this is going to be translated in a movement of +- 73$ from opening candle
For SPY this is going to be translated in a movement of +- 7.35$ from opening candle
Taking into account the opening candle price which was around 4047.5, we can consider our daily channel the next
TOP 4120
BOT 3975
For today we have no big fundamental news which can affect the price of the asset.
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QQQ/NDX/NQ 27 May 2022
For today, the current expected volatility is going to be below 2.23% with a chance of probability of 82%
For NDX/NQ this is going to be translated in a movement of +- 273$ from opening candle
For QQQ this is going to be translated in a movement of +- 6.6$ from opening candle
Taking into account the opening candle price which was around 12250 we can consider our daily channel the next
TOP 12520
BOT 11975
For today we have no big fundamental news which can affect the price of the asset.
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Weekly Prediction 9-13 May BitcoinBitcoin
9 - 13 May
The weekly DVOL Volatility Index for BTC
Implied = 64.87
In this we have to standard it for weekly session
68.86 / sqrt(52-> 52 weeks in a year) = 9%
My historical product is telling me with 1.3x coficient that the expected movement for this week
E Volatility = 66.37 / sqrt(52) = 9.2%
With this data, from my calculations, when EV > VIX, there were a 91.5% chance that the market
stay within the bottom and top created with the ranged from the E Vol
So for next week this range for us is going to be (we need the close of sunday candle)
Current TOP - 37100
Current BOT - 30750
ADAUSD Stagnant At SupportSo I am currently neutral on ADA at the moment. We are sitting at a point where ADA is showing bearish signals but there has not been a confirmation of a lower low yet. The price is sitting at a support which normally brings buying power from bulls, yet we see nothing. The problem is the lack of a higher high. Bulls do not feel comfortable buying at the highest support level with no confirmed higher high and because of this bears are starting to take control. However, this can always change, but there will need to be a signal to the bulls that brighter days are ahead. I believe a price move is right around the corner. Obviously, I have alerts set all over the place just in case I miss something and you should too. Personally, I think we are going to see a lower low soon. However, there is always the chance that news will come out and change the sentiment and give the bulls revitalized momentum. The important things to note from this chart are: there is less and less buying power at the support level, the price is riding the slumped 200MA, the price is trading sideways, we have lower highs, a price move is likely around the corner. If you want more details on why I feel this way, take a look at my breakdown of the 1D chart in my last post. Keep in mind this isn't the end of the world for ADA, pullbacks happen all the time and trends shift. This is completely normal for the price movement of any asset. To be quite honest, I look forward to new buying opportunities. I plan on holding ADA for at least 5 years so if I can add to my collection at a decent price, so be it. I should also mention that the crypto market as a whole does not look bad at all. I believe the bearish sentiment towards crypto has been weakening as time passes by, but I will get more into that at another time.
Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time.
Again, I apologize for having less time to post at the moment, but that will change in a couple weeks.
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
grantee short for bitcoin WITHINTHENEXTWEEKSO, this chart may be a little hard to read. However, price may push up to the blue dotted line or the dark line before dropping. In contrast, as soon as price breaks the yellow ascending line... SHORT SHORT SHORT!
Incoming bounceI am more bullish in Theta more than ever, the indicators(MACD) indicate that we are running out of steam in the current movement to the downside and now it is flashing a bullish divergence. Be aware that it may be a strong movement to the downside in order to liquidate highly leveraged long positions.
$AMD is sitting pretty right now*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Steadily increasing semiconductor demand due to current shortage will leave $AMD with fat profits during the next few market quarters.
After correcting from its all time high of $99.23 $AMD now sits at $81.56.
My team has opened a position in $AMD on 6/10/21 at $81.10 per share and have our first take profit at $90. Our stop loss is set at $76
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$GORO is where our moneys going*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing $GORO for the past couple months. We have been anticipating the stocks 4.5% dividend which records on 6/14/21 with a payout date of 6/30/21.
We're long in gold and silver (which are produced by $GORO) this summer due to the US dollar continuing to weaken.
We opened our long position in $GORO on 6/8/21 at $2.85.
Our first take profit is at $4.90.
If you want to see more and get in on our highly precise entries when they happen, then please like and follow us @SimplyShowMeTheMoney
$CHPT June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish confidence.
We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21. From their the price moved further up and now rests at $28.31.
My team has increased our previous take profit target of $31 up to $37.