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Moving Averages

Tapestry Breaks Out of Consolidation, Eyes $100From 2021 through 2025, NYSE:TPR traded in a tight $25–$50 range, with both the 30- and 50-period EMAs running flat and volume largely sideways. At the turn of 2025, however, the EMAs began to slope upward and volume picked up. The first meaningful pullback since then saw price slide from $90 down to $60 in February 2025, but EMA support quickly lifted it back to $70. A sustained break above the $72 supply zone would likely fuel a rally toward the $100 psychological level—and potentially beyond.
NYSE:TPRLong
by The_Quantastic
RKT Consolidates Above $10 Ahead of $18 BreakoutNYSE:RKT has been consistently making higher highs since late 2022. A rally toward the end of 2023 drove the price up from $7 to around $18. Although the expanded supply block at that level has capped further gains, the price continues to consolidate above $10, still finding support from the mitigation block in that area. However, because the consolidation is ongoing, the current price trend remains unclear—both the 30- and 50-period EMAs are flat. In the medium term, once this consolidation phase completes, the price is expected to resume its move back toward $18 and beyond.
NYSE:RKTLong
by The_Quantastic
Regis Resources Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Regis Resources Stock Quote - Double Formation * Start Of (Diagonal) At 1.600 AUD | Completed Survey - Lower Band Consecutive (50 EMA) * (Uptrend Argument)) On Continuation Area | Subdivision 1 - Triple Formation * Wave Feature + Ongoing Entry At Wave (3)) | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 203.00 AUD * Entry At 240.00 AUD * Take Profit At 270.00 AUD * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:RRL.AULong
by TradePolitics
Bitcoin's Crossroads: Golden Cross Signals, Capital Floods In The Bitcoin narrative is rarely static. It oscillates between fervent optimism and deep skepticism, driven by a complex interplay of technical patterns, on-chain data, macroeconomic shifts, and evolving investor perceptions. Recently, several compelling signals have converged, painting a picture of a market potentially at a significant juncture. A rare "Golden Cross" technical pattern has formed, an event often associated with the start of major bull cycles. Simultaneously, on-chain data reveals a surge in "hot supply," indicating a significant influx of new capital and heightened market activity. Adding another layer, Bitcoin demonstrated surprising resilience and relative strength against traditional assets like gold and tech stocks during recent market turbulence, exhibiting an unusually low beta that hints at potential maturation. This confluence of technical momentum, fresh capital inflow, and changing market behavior warrants a deep dive. What exactly is the Golden Cross, and what does its appearance portend for Bitcoin? How should we interpret the nearly $40 billion in "hot supply," and what risks and opportunities does this influx of potentially newer, less experienced capital present? And critically, does Bitcoin's recent outperformance and low correlation signal a fundamental shift in its role within the broader financial landscape? This article will dissect these interconnected developments, exploring their historical context, potential implications, and the inherent uncertainties that always accompany the world's leading cryptocurrency. Decoding the Golden Cross: A Technical Harbinger? Technical analysis (TA) is a cornerstone of trading in many markets, including cryptocurrency. It involves studying past price action and volume data to identify patterns and trends that might predict future movements. One of the most widely recognized and discussed bullish signals in TA is the "Golden Cross." • What is a Golden Cross? A Golden Cross occurs when a shorter-term moving average (MA) of an asset's price crosses above a longer-term moving average. The most commonly watched Golden Cross involves the 50-day simple moving average (SMA) crossing above the 200-day SMA. o The 50-day SMA reflects the average closing price over the last 50 trading days, representing recent momentum. o The 200-day SMA reflects the average closing price over the last 200 trading days, representing the longer-term underlying trend. • Traditional Interpretation: When the faster-moving 50-day MA overtakes the slower 200-day MA, it suggests that recent price momentum is strengthening significantly relative to the long-term trend. Technicians interpret this as a potential confirmation that a bottom may be in, and a new, sustained uptrend could be starting. It's often seen as a lagging indicator (confirming a trend already underway) but one that can signal the potential for significant further upside. Conversely, the opposite pattern, where the 50-day MA crosses below the 200-day MA, is known as a "Death Cross" and is considered a bearish signal. • The "Once Per Cycle" Phenomenon: The claim that this specific Golden Cross (50-day crossing 200-day) happens "once every cycle" for Bitcoin generally refers to its appearance after major bear market bottoms and preceding significant bull runs in Bitcoin's roughly four-year halving cycles. Historically, looking back at Bitcoin's chart, these crosses have indeed often preceded periods of substantial price appreciation. For example, Golden Crosses occurred in 2012, 2015, 2019, and 2020, each preceding major bull markets, albeit with varying time lags and magnitudes. • Historical Performance and Caveats: While historically bullish for Bitcoin, the Golden Cross is not an infallible predictor. o Lagging Nature: By the time the cross occurs, a significant portion of the initial rally off the bottom may have already happened. o False Signals: Markets can experience "whipsaws," where a Golden Cross forms briefly only to reverse into a Death Cross shortly after, trapping overly eager bulls. This was seen briefly in some shorter timeframes or even on the daily chart during choppy periods in Bitcoin's history. o Context Matters: The broader market environment, macroeconomic factors, and fundamental developments play crucial roles. A Golden Cross during a period of intense regulatory crackdown or global recession might not have the same impact as one occurring during quantitative easing and growing institutional interest. o Confirmation Needed: Traders often look for confirmation signals after a Golden Cross, such as sustained price action above the moving averages, increasing volume, or bullish follow-through patterns. What to Expect from the Golden Cross? The formation of a Golden Cross on Bitcoin's daily chart is undeniably a positive technical development that captures market attention. It suggests underlying strength and improving medium-term momentum. Historically, it has often marked the transition from a bear market recovery phase to a more sustained uptrend. However, expectations should be tempered with caution. It's a signal, not a guarantee. It indicates potential but requires confirmation through continued price strength and favorable market conditions. Relying solely on this pattern for investment decisions is risky. It should be considered alongside other factors – on-chain data, fundamental developments, and macroeconomic context – to form a more complete picture. The most reasonable expectation is that the Golden Cross increases the probability of further upside but doesn't eliminate the possibility of consolidation, pullbacks, or even failure of the nascent uptrend. The Heat is On: Understanding the Surge in 'Hot Supply' While technical analysis looks at price charts, on-chain analysis delves into the activity happening directly on the Bitcoin blockchain, providing insights into investor behavior and capital flows. A key metric highlighted recently is the rise of "Bitcoin hot supply." • What is 'Hot Supply'? "Hot Supply" typically refers to Bitcoin that has been moved on the blockchain relatively recently, often within the last few months (definitions can vary slightly between analytics platforms, e.g., coins moved within the last 1-3 months or sometimes up to 6 months). These coins are considered "hot" because they are more likely to be involved in active trading or spending, as opposed to "cold" supply held in long-term storage (often associated with HODlers). It represents the portion of the Bitcoin supply that is more liquid and actively circulating. • Nearing $40 Billion: The fact that this hot supply is nearing a value of $40 billion is significant. It indicates a substantial amount of Bitcoin changing hands and reflects a "surge in capital turnover," as described in the analysis. This suggests heightened market activity, increased liquidity, and, crucially, the entry of new participants or the reactivation of dormant capital. • New Investors Flooding In (at High Prices?): The analysis explicitly links this surge to new investors and speculators taking an interest, likely attracted by Bitcoin's recent price recovery and multi-month highs. The mention of "$95K" (even if potentially a typo or hypothetical peak target in the source analysis) symbolizes the risk that many of these new entrants might have acquired Bitcoin at relatively elevated prices compared to the cycle lows. This creates a cohort of investors with a higher cost basis. • Implications of High Hot Supply: o Increased Liquidity: More coins moving means more potential buyers and sellers, which can facilitate smoother price discovery and larger trades. o Fuel for Rallies: An influx of new capital provides buying pressure that can sustain upward price momentum. Speculative interest often feeds on itself in bull markets. o Increased Volatility: Coins held by newer entrants or short-term speculators are often considered "weaker hands." These holders may be more susceptible to panic selling during price dips or quick profit-taking during rallies, potentially leading to sharper price swings in both directions. o Potential Overhead Supply: If the price stalls or reverses, the large volume of coins acquired at recent highs ( SGX:40B worth moved recently) represents potential selling pressure as these holders seek to break even or cut losses. Interpreting the Influx: The surge in hot supply is a double-edged sword. On one hand, it confirms growing interest and provides the necessary capital flow to potentially validate the bullish signal from the Golden Cross. New demand is essential for sustained price increases. On the other hand, it introduces a layer of fragility. The market's ability to absorb potential selling from these newer, higher-cost-basis holders during inevitable corrections will be a key test of the underlying strength of the current trend. Monitoring whether this "hot supply" gradually cools down (moves into longer-term holding) or remains elevated will be crucial in the coming months. Bitcoin's Relative Strength: Outshining Gold and Tech Amid Turmoil Beyond technicals and on-chain flows, Bitcoin's performance relative to traditional assets, especially during periods of market stress, offers valuable insights into its evolving perception. The observation that Bitcoin outperformed both gold (a traditional safe-haven) and tech stocks (risk-on assets) in April, particularly amidst "tariff turmoil" or other geopolitical/economic uncertainties, is noteworthy. • Challenging Correlations: Historically, Bitcoin often traded with a high correlation to risk assets like tech stocks, particularly during market downturns. Investors tended to sell Bitcoin alongside equities during risk-off periods. Gold, conversely, often acts as a safe haven, rallying during uncertainty. Bitcoin outperforming both simultaneously suggests a potential breakdown in these typical correlations, at least temporarily. • Why the Outperformance? Several factors could contribute: o Unique Drivers: Bitcoin's price is influenced by factors unique to its ecosystem, such as halving cycles, adoption news, regulatory developments, and flows into new instruments like spot ETFs. These can sometimes override broader market trends. o Inflation Hedge Narrative: Persistent inflation concerns may lead some investors to seek alternatives to fiat currency, benefiting both gold and Bitcoin, but perhaps Bitcoin more so due to its perceived higher growth potential. o Safe-Haven Experimentation: While gold remains the established safe haven, some investors might be tentatively allocating a small portion to Bitcoin as a potential alternative store of value or hedge against systemic risk, especially if they perceive traditional systems as vulnerable. o Decoupling Narrative: Some proponents argue that Bitcoin is increasingly decoupling from traditional markets as it matures and establishes itself as a distinct asset class. The recent performance could be seen as evidence supporting this view. o Coincidence/Timing: It's also possible that the timing was coincidental, with Bitcoin-specific catalysts driving its price higher while unrelated factors weighed on gold and tech stocks during that specific period. Significance of Relative Strength: Demonstrating strength during periods when traditional assets are struggling enhances Bitcoin's appeal. It challenges the simplistic "risk-on only" label and suggests it might offer diversification benefits. If this pattern persists over longer periods and across different market stressors, it could significantly bolster the case for Bitcoin's inclusion in traditional investment portfolios. Maturation Signal? The Low Beta Phenomenon Closely related to relative strength is the concept of beta. Beta measures the volatility or systematic risk of an asset compared to the overall market (often represented by an index like the S&P 500). • Beta Explained: o A beta of 1 indicates the asset's price tends to move with the market. o A beta greater than 1 indicates the asset is more volatile than the market. o A beta less than 1 indicates the asset is less volatile than the market. o A beta of 0 suggests no correlation. • Bitcoin's Historically High Beta: Traditionally, Bitcoin has exhibited a high beta, especially relative to equity markets. It was often seen as a high-volatility asset that amplified broader market moves, particularly to the downside during risk-off events. • Recent Low Beta Observation: The finding that Bitcoin displayed an "unusually low beta during recent market stress" is significant. It implies that its price movements were less correlated with, and potentially less volatile than, the broader market during that period of turbulence. • Implications of Low Beta: o Maturation Narrative: A lower, less correlated beta is often characteristic of more mature assets or distinct asset classes. It suggests investors might be viewing Bitcoin with a longer-term perspective, less prone to knee-jerk selling based on short-term fluctuations in other markets. o Diversification Potential: Assets with low correlation to traditional portfolios (like stocks and bonds) are valuable for diversification, as they can potentially reduce overall portfolio volatility. A sustained low beta would strengthen Bitcoin's diversification credentials. o Shift in Holder Base?: It could indicate a shift towards more institutional and long-term holders who are less reactive to daily market noise compared to purely retail speculators. o Store of Value Aspirations: While still highly volatile compared to traditional stores of value like gold, a decreasing beta could be interpreted as a tentative step towards fulfilling some store-of-value properties, particularly if it holds value better than risk assets during downturns. Is it Sustainable? While the recent low beta is an encouraging sign for Bitcoin bulls and proponents of its maturation narrative, it's crucial to question its sustainability. Was it a temporary anomaly driven by specific market conditions in April, or does it represent a durable shift? Bitcoin's correlation and beta have fluctuated throughout its history. Renewed market panic, significant regulatory shocks, or major shifts in macroeconomic policy could potentially cause correlations to snap back. Continued observation across different market environments is needed to determine if this low beta is a new regime or a fleeting characteristic. Synthesizing the Signals: A Complex Tapestry Bringing these threads together – the Golden Cross, the surge in hot supply, relative outperformance, and low beta – reveals a complex and somewhat contradictory picture: 1. Technical Momentum Meets New Money: The Golden Cross provides a technically bullish backdrop, potentially encouraging more participants. The SGX:40B in hot supply confirms that new capital is entering, providing the fuel that could validate the technical signal. 2. Speculation vs. Maturation: The influx of hot supply points towards increased speculation and potentially "weaker hands." Yet, the low beta and relative outperformance during stress hint at underlying strength and potential maturation, suggesting a core base of holders is becoming less reactive. This highlights the heterogeneous nature of the Bitcoin market, with different investor cohorts exhibiting different behaviors simultaneously. 3. Opportunity and Risk: The convergence creates both opportunity and risk. The opportunity lies in the potential for the Golden Cross and new capital to ignite a sustained rally, further bolstered if Bitcoin continues to act as a diversifier (low beta). The risk lies in the potential fragility introduced by the high volume of recent entrants (hot supply) who might capitulate during dips, potentially invalidating the Golden Cross and reversing the low beta trend. The current environment suggests Bitcoin is navigating a transition. The technicals point upwards, fresh capital is flowing in, and its behavior relative to traditional markets is showing intriguing signs of change. However, the presence of significant "hot" money serves as a reminder that volatility and sharp corrections remain distinct possibilities. Overarching Risks and Necessary Caveats Despite the positive signals, numerous risks persist: • Technical Analysis is Not Predictive: The Golden Cross is a historical pattern, not a crystal ball. It can fail. • 'Hot Supply' Risk: A large cohort of investors with a high cost basis can become a source of significant selling pressure if sentiment shifts. • Macroeconomic Headwinds: Persistent inflation, rising interest rates (globally), geopolitical conflicts, or a global recession could dampen appetite for risk assets, including Bitcoin. • Regulatory Uncertainty: While spot ETFs marked progress, the global regulatory landscape for crypto remains fragmented and uncertain. Unexpected crackdowns remain a threat. • Correlation Risk: The low beta and decoupling narrative could prove temporary. Bitcoin could easily recouple with risk assets during a broader market panic. Conclusion: Bitcoin at an Inflection Point? Bitcoin currently stands at a fascinating crossroads, illuminated by a confluence of compelling, albeit sometimes conflicting, signals. The rare Golden Cross offers a technically bullish omen, suggesting underlying momentum is shifting favorably for a potential long-term uptrend, echoing patterns seen in previous cycles. This technical optimism is fueled by tangible evidence of renewed interest, with nearly $40 billion in "hot supply" indicating a significant surge in capital turnover and the arrival of fresh speculative and investment capital. Simultaneously, Bitcoin's recent behavior exhibits intriguing signs of potential maturation. Its ability to outperform traditional safe havens like gold and risk assets like tech stocks during periods of market stress, coupled with an unusually low beta, challenges its historical "risk-on only" profile. This suggests a growing base of investors may be viewing it through a longer-term lens, potentially as a unique store of value or a portfolio diversifier, less swayed by short-term market noise. However, this complex picture demands caution. The very influx of capital that fuels optimism also introduces fragility, as newer entrants with higher cost bases may be quicker to sell during downturns. The Golden Cross, while historically significant, remains a lagging indicator with no guarantee of future success. And the low beta, while encouraging, could prove ephemeral in the face of severe macroeconomic shocks or shifts in market sentiment. Ultimately, Bitcoin's trajectory towards 2030 and beyond will depend on its ability to navigate these dynamics. Can it convert the current technical momentum and capital influx into a sustainable trend? Will its utility and adoption grow sufficiently to solidify its role beyond pure speculation? Will it continue to carve out a unique space in the financial ecosystem, proving its resilience and diversification benefits across various market conditions? The current signals suggest the potential is there, but the path forward remains intrinsically linked to broader economic forces, regulatory evolution, and the ever-unpredictable psychology of the market. Bitcoin is flashing signs of both renewed vigor and evolving character, making the coming months and years critical in defining its future role.
BITSTAMP:BTCUSDLong
by bryandowningqln
$TOTAL Crypto Market Cap BULL TRAP AlertBULL TRAP 🚨 New money has been coming into the market as shown on the Crypto CRYPTOCAP:TOTAL Market Cap, hence why you haven’t seen “rotations” in coins, but it appears to be drying up. There’s been major resistance at the 200DMA, which is just below the previous ATH at $3T, and PA is being squeezed between the 9DMA. Combine this with a heated RSI, it appears to be a bear flag in the making. The trendline from Oct. ’23 gives confluence with the 50DMA as support. *The only savior I see at this point is price smashing through the 200DMA and flipping support into the green accumulation box. Regardless, this move is coming to an end later this week to test support or breakout. Again, I’ll reconfirm my stance that this is the most obvious bull trap I’ve seen all cycle. Although I hope to be wrong 🥲 Having said that, after support is confirmed on the move, we are going to VALHALLA 🚀 Bookmark this 🤓
CRYPTOCAP:TOTALShort
by jonnieking
Fresnillo Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Fresnillo Stock Quote - Double Formation * (EMA Settings)) & Start Of (Diagonal) | Completed Survey - Lower Band Consecutive * (Uptrend Argument)) On Midrange Area | Subdivision 1 - Triple Formation * Wave Feature + Ongoing Entry At Wave (3)) | Subdivision 2 - Retest Area * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 150.00 GBP * Entry At 165.00 GBP * Take Profit At 185.00 GBP * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:FRES.GBLong
by TradePolitics
When Moving Averages Meet the Demand ZoneOne of the simplest ways to identify the market trend is by using the moving average (MA) indicator. When price moves above the MA, it's generally considered an uptrend. When price moves below the MA, it's seen as a downtrend. Aside from showing the trend, moving averages can also act as dynamic support and resistance: In an uptrend, the MA acts as support — meaning if price retraces into the MA, it often bounces back and continues upward. In a downtrend, the MA acts as resistance — price tends to reject the MA and move lower. In BINANCE:WIFUSDT , the moving average is currently acting as support, and price is pulling back into a confluence zone between 0.584 – 0.558, where the MA meets a demand zone. This setup increases the probability of the pullback ending and the uptrend continuing. The confirmation for a bullish continuation would be a break and close above 0.620. If that happens, the next target zone is between 0.763 – 0.789. Keep a close eye when price approaches the previous high. The ideal scenario is a strong impulsive breakout. The worst-case scenario would be a rejection or false breakout from that level. Alright, what's your take on BINANCE:WIFUSDT ?
Long
by EkyFabyanto
S&P 500 unlikely to return to up trendThe implemented tariff policy of the Trump Administration is expected to hit its fallout on the market by Q3 2025, consequentially the earnings of companies. If the SPX is to have a chance to return to the uptrend this year, it has to confirm two days closings above the turning point before summer. The inverse effect of tariffs is that it soars with the price: any attempt to adapt on the net price point levers the total price; it's not a fixed number. This leverage applies also to inflation, resulting in consumer sentiment to sour. There is a natural time gap between the implementation of tariffs and the return of industry expected by the Trump Administration - the tariffs have been falling like a chainsaw on international business and supply relations, but rebuilding factories requires time and investment. In this gap the required investments will add pressure to companies' earnings... These news and outlook brings out funds managers to sell America 'bigly' and to re-evaluate their diversification, bringing down stock prices eventually. The tariff-rebuild-gap is expected to set in by summer, but it is unclear when it would end: so far it is uncertain how much of the industry would return to America to produce and circumvent tariffs. A few big companies announced to build manufactories in the USA, but mostly they plan for only one factory and it still requires building. The Midterm Elections could set the Republican super-majority in both houses to fall and, by extension, have Congress retake the right to set and lift tariffs from the White House. However, it is unclear whether they would use their retaken privilege, as one truth about tariffs, like about all taxes: they're easily introduced, but can take generations to go away again. All this forms a painstaking 2H scenario for 2025, its rock-bottom too early to call.
SP:SPXShort
by Johnny_TV
Harmony Gold Pulls BackHarmony Gold has been rallying this year along with precious metals, and now some traders may see an opportunity in its latest pullback. The first pattern on today’s chart is the price area around $15.50. It’s near the April 2 high and a 50 percent retracement of the rally following the March breakout. HMY probed that zone yesterday and held it. Is new support established above old highs? Second, HMY made a lower low and higher high. That kind of positive outside candle is a potentially bullish continuation pattern. Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in February and has stayed there since. Such a configuration may suggest its long-term trend is now pointing higher. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:HMY
by TradeStation
Is Seagate Overbought?Seagate Technology has rallied sharply in recent weeks, but some traders may think the data-storage company is overbought. The first pattern on today’s chart is the March low of $82.88. STX plunged three sessions later after tariffs were announced. Prices have returned to that level and now seem to be stalling. Has old support become new resistance? Next, stochastics have reached an overbought condition. Third, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in December. It’s stayed below that slower line since, which may suggest its longer-term trend has gotten more bearish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:STX
by TradeStation
Leaving Breadcrumbs For A Swing Or Setting A Trap?In my previous idea, I explained why I think the price could rise to the $580s and just wanted to provide a brief update on what I’m watching for this week. The market has felt lethargic recently despite rising roughly 8.25% over the last five sessions. The days of fretting over incremental movements feels like a distant memory. Fortunately, major data releases and large cap earnings should energize the market. While “C” waves are not required to meet specific sub-wave retracements, and can go straight to their targets without a significant pullback, we should still be prepared for the possibility of being faced with market whiplash. Taking all of this into account, I think there could be a pullback - especially after noticing an important clue right in front of me. AMEX:SPY has been rising higher for the last five sessions in a jerky uptrend from last week’s lows and is close to filling a gap/imbalance at the $555 level on the daily chart. There is also a gap from $529-$534, however the price is much closer to filling the upper gap. Other things I’m taking note of on the daily chart are the declining volume and a MA cross confirmation. The moving averages I’m using here are HMA (13; pink) EMA (34; yellow) and SMA (200; green), and I have found the Hull Moving Average crossing the Exponential Moving Average to be a fairly reliable indicator of a reversal. HMA will cross up on Tuesday if the price stays above the EMA. For a different perspective, the 1000R ($10) chart shows the price action a little more smoothly. I noticed that for the month of April, each time the price swung lower, it did so by around $35. If it is assumed that this pattern continues for one more swing lower in what would be wave (b) of C, the next question would be: to which retracement level it would go? There are a lot of people on the boards who think the price will move lower on Tuesday. If the price were to fall from around Monday’s close of $550, a $35 drop would take the price back to around $515, which would result in an approximately 80% retracement of wave (a). There is nothing wrong with this, and the price could reverse and extend to $580 from there, however I think such a deep retracement into wave (a) is the less likely scenario since the goal of this larger corrective wave is to keep the momentum moving higher to sell before the market tanks. I still charted it above to show what that would look like. Alternatively, I am expecting SPY to move higher on Tuesday and pull back Wednesday and Thursday to continue printing what appears to be clean and proportional movements here in the first major corrective wave of the bear market. The week ahead will have several events that could determine the market’s direction. The most important news should come from GDP and Core PCE data being released before the open on Wednesday. Regardless of how the market reacts, we can assume with relative confidence that the news will contribute to a large movement in price. Since I’m suggesting a $35 move down will happen at some point, I am anticipating Wednesday will start this movement. Above the $555 gap there is an order block that the price should be gravitating towards. This would be an ideal area to absorb buy orders before SPY gets sent down. Taking an educated guess, $565 could be a key level that marks the end of wave (a). A $35 reduction from there would see the price retrace 61.8% (0.382 level on the chart) to $530. Since there is another gap around this level, it should be a logical area for the price to move next before beginning its final rise to around $580. … This idea makes more assumptions than my last one, so please trust your own instincts and form your own opinions. The market can be unpredictable, so patterns can fail at any time. This is why it is important to stay vigilant. With that being said, I expect Tuesday to be another low volume day that could take the price in any direction; including sideways. Since Wednesday’s data should be a major driving force for price activity this week, it is important to assess which level the market is targeting just before the news comes out. We’ll see what happens, but I think institutions are going to look to prolong this corrective wave while they still can and offload shares at a good price, because the next time this sells off it will go much lower. I appreciate all of the feedback I received on my last post, and if you enjoyed this one I’d love to know what you think. Good luck to all.
AMEX:SPY
by ap769
4
Reckitt Benckiser Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Reckitt Benckiser Stock Quote - Double Formation * (EMA Settings)) & Start Of (Diagonal) | Completed Survey * (Uptrend Argument)) On Midrange Area | Subdivision 1 - Triple Formation * Wave Feature + Ongoing Entry | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 101.00 GBP * Entry At 104.00 GBP * Take Profit At 109.00 GBP * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:RKT.GBLong
by TradePolitics
Axon’s Uptrend May Remain IntactAxon Enterprise has been climbing since last summer, and some traders may think its uptrend remains intact. The first pattern on today’s chart is the tight consolidation pattern since February. The broader market revisited prices from a year prior, but the law-enforcement IT company never broke levels from just three months earlier. That shallower pullback may suggest buyers remain in control. Second, AXON ended last week above the top of the range. Has a breakout begun? Third, the stock tested and held its rising 200-day simple moving average on April 7. That may suggest the long-term uptrend remains in effect. Next, MACD is rising. The 8-day exponential moving average (EMA) is also above the 21-day EMA. Those signals may indicate its short-term trend has gotten more bullish. Finally, rallies after the last three earnings reports may reflect bullish sentiment towards AXON’s fundamentals. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:AXON
by TradeStation
Tencent/Hong Kong Dollar Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Tencent / Hong Kong Dollar Stock Quote - Double Formation * (Reversal Argument)) At 783 HKD | Completed Survey * Wave Feature + Long Entry Support | Subdivision 1 - Triple Formation * Retracement Area & Entry Bias | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 100.00 HKD * Entry At 118.00 HKD * Take Profit At 145.00 HKD * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
EASYMARKETS:TCTHKDLong
by TradePolitics
Massive Head & Shoulders + Death Cross on Big 7A massive head and shoulders pattern is forming on the Big 7 tech stocks (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA). After a strong rally, a death cross (50 EMA crossing below 200 EMA) has appeared, pointing to possible weakness ahead. Short-term concerns: right shoulder is forming now. If it holds, we could see a bounce. If the right shoulder fails, expect sharp drops and potential broader market reversals. Long-term view: markets could still move higher over time, but short-term risks are rising. This setup resembles the 1999-2000 period before the dot-com crash. The AI bubble could be nearing its peak, with current leaders losing strength and new players stepping in. Key to watch: neckline of the head and shoulders and how the market reacts to the death cross. disclaimer: this is not financial advice. for informational purposes only. trading involves risk and past patterns do not predict future results. always do your own research and consult a licensed financial advisor before making decisions.
CBOE:MAGSShort
by dotcom880
XLMUSDTHello to all AMKT members, I hope you had a good day.😍 Today we are going to analyze the XLM coin. On the weekly time frame, we entered a correction after the sharp rise that we were having, and now there are signs of the start of the next upward wave. On the daily and 4-hour time frame, after the 0.3 break and the volume increase and the rsi enters the overbuy zone, we can take a long position. For the short position, we can choose another token, but we can enter a short position with a break of 0.2601, but the trading risk is high. I hope you have a good and profitable day.
by AMKTCryptoMarket