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Moving Averages

Welcome back donald trumpIn this chart, I have conducted a technical analysis of Gold Spot against the U.S. Dollar (XAU/USD) on the 4-hour timeframe. The analysis highlights key areas of interest: Supply Zone: Marked in purple, this region represents a potential area where selling pressure could resume. Historically, prices have shown resistance here, suggesting that traders should monitor this zone for possible reversals or selling activity. Retracement Levels: I've used Fibonacci retracement levels to assess potential pullbacks. The 0.5 (2,696.90) and 0.382 (2,684.38) levels are particularly notable as possible points where the price may find support or resistance. Target Area: Indicated by the arrow pointing downward, this is the level where I predict the price could head next if the supply zone holds and selling pressure intensifies. This represents a personal target based on my analysis and not a trade signal. "Hope for the Best" Label: Positioned just below the supply zone, this label reflects the sentiment of uncertainty as the price approaches this resistance area. It serves as a reminder that market movements can be unpredictable. Welcome Back Donald Trump: In a broader context, the market may also be impacted by political events. With Donald Trump winning the 2024 U.S. presidential election, there could be shifts in economic policy, which might influence precious metal markets and investor sentiment in the coming months. Keep an eye on these macroeconomic factors as they may play a role in future price actions. This analysis is shared solely as my interpretation of market data and is not financial advice or a trade recommendation.
ICMARKETS:XAUUSDShort
by rajpatel95133
Gold : A Perfect Buy Opportunity Amid Expected Pullback!Yesterday, gold prices surged above 2700, rising $60 from open to close. Following such a significant increase, some pullback is likely in today’s session. However, this does not signal the end of the uptrend but rather a natural price correction. After the pullback, gold is expected to resume its upward momentum, with potential to break above 2730. Based on this analysis, today’s strategy is to continue buying gold. The ideal buying range is between 2688-2674, with a target set between 2725-2732. This pullback presents an excellent entry point for bullish positions, creating the potential for further profits!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Bitcoin to 100k this year?Hey guyys! So Trump won the election and we have new BTC ATH! And I think we all wondering where we can go now? Let's check the chart and daily we have bullish MA cross, huge volume on this election day. But, another day volume is not pretty nice and looks like more manipulative movement. So I think if we will stay long at the ATH level without moving up with descending volumes, we could potentially see some correction. If we stay above 69k, most likely after this short correction we can go up, if we're not holding this level we can go to 59-63k level. Cause real rally for me, will happen in 2025. What's your ideas, guys? Let's discuss in the comments? Are we going to 100k this year or only in 2025?
by SheTradesHub
2
Lyft | LYFT | Long at $9.75First, from a technical analysis perspective, NASDAQ:LYFT has not "officially" found a bottom yet. No one can confidently state it has - their guess is as good as yours. This analysis is full of caution simply around the fact this stock could absolutely dip to below $5.00 in the future. With that said, NASDAQ:LYFT is currently the #3 travel app in the Apple store (#1 is Uber, #2 is Airbnb). It has a 4.9 (Apple) and 4.7 (Google) star rating and tens of millions of downloads. Car prices, insurance rates, parking fees, gas/electric rates, etc. are pushing more people into the rideshare environment. With a recession knocking on the US's door, the fee-for-service model will make more sense than actually owning for many. But, a recession is a recession and the market hates them... Lyft is currently the only true competitor to Uber and its earnings are likely to grow as the travel environment "modernizes" in the future. At $9.75, the stock closed all previous lower gaps on the daily chart. Currently, open price gaps (which are often good predictors of future price movement) are all above its current price. A bottom *may* be in, but see intro... I view the current price as a personal buy zone with room for additional shares if the price dips to near $5 (and fundamentals don't change). A high-growth potential stock in an ever-changing travel environment. Target #1 = $15.00 Target #2 = $22.00 Target #3 = $30.00 Target #4 = $75.00+ (long-term view...)
NASDAQ:LYFTLong
by WorthlessViews
1
Humana | HUM | Long at $220.00Humana NYSE:HUM took a nosedive to "crash" levels (based on my selected simple moving averages (SMA)) this morning after a lower-performance rating for a widely used Medicare insurance plan is expected to hurt enrollments for 2025 (and will potentially hit the health insurer's revenue and bonus payments in 2026). However, I view this massive drop as an opportunity for an initial long entry for a great value stock. The company is strong, highly rated among patients, and solid fundamentals despite the anticipated earnings drop. From a technical analysis perspective, it touched my "crash" SMA, but may dip further after a dead cat bounce to the $190s in the coming days or weeks. But, predicting true bottom is a fool's game, so at $220.00, NYSE:HUM is in a personal buy zone for an initial long entry. Target #1 = $250.00 Target #2 = $275.00 Target #3 = $314.00 Target #4 = $340.00
NYSE:HUMLong
by WorthlessViews
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈 I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern. Market Context: On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market. The Entry Setup: On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout. I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside. Floating PnL: Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups. This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀 Leave a comment if you surfed with this trend too!
FOREXCOM:XAUUSDLong
by TraderOuss_LumaNex
SWING TUTORIAL - ABSLAMCIn this tutorial, we analyze the stock NSE:ABSLAMC (Aditya Birla Sun Life AMC Limited) identifying a lucrative swing trading opportunity following its all-time high in Oct 2021. The stock declined by nearly 57%, forming a Lower Low Price Action Pattern, but subsequently reversed its trend. At the same time, we can also observe the MACD Level making a contradictory Pattern of Higher Lows. This Higher Low Pattern of the MACD signaled the start of a Bullish Momentum, thereby also signaling a good Buying Opportunity. The trading strategy yielded approximately 114% returns in 63 weeks. Technical analysis concepts used included price action analysis, MACD, momentum reversal, trend analysis and chart patterns. The MACD crossover served as the Entry Point, with the stock rising to its Swing High Levels of 720 and serving as our Exit too. As of wiring this tutorial, we can also notice how the stock is making a breakout and retest of the Swing High levels and trying to continue its momentum further upward trying to make a new All Time High. KEY OBSERVATIONS: 1. Momentum Reversal: The stock's price action shifted from a bearish to a bullish trend, indicating a potential reversal. 2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure. 3. MACD Crossover: The successful crossover in May 2023 confirmed the bullish trend, creating an entry opportunity. TRADING STRATEGY AND RESULTS: 1. Entry Point: MACD crossover in May 2023. 2. Exit Point: Swing High Levels - 720. 3. Return: Approximately 114%. 4. Trade Duration: 63 weeks. TECHNICAL ANALYSIS CONCEPTS USED: 1. Price Action Analysis 2. MACD (Moving Average Convergence Divergence) 3. Momentum Reversal 4. Trend Analysis 5. Chart Patterns NOTE: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing Price Action, MACD movements, and Reversal patterns, traders can pinpoint potential entry and exit points. Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
NSE:ABSLAMCEducation
by thepranam
Stock: SQ Weekly Long Opportunity – Head and Shoulders with RDOverview: This weekly chart for Block, Inc. presents a high-potential buy opportunity. A well-defined Head and Shoulders pattern is forming, indicating a likely trend reversal. I’m waiting for a confirmed breakout above the Neckline for entry. Technical Insights: The MACD shows regular bullish divergence, reinforcing the setup's reliability. Additionally, with the price positioned above the 200 MA, bullish momentum is even stronger, increasing the probability of a sustained move upward. Targets & Risk Management: 🎯 Take Profit 1: $130 🎯 Take Profit 2: $195 🔒 Stop Loss: Set just below the Right Shoulder 📈 Pattern: Head and Shoulders 💥 Confirmation: Entry on breakout above the neckline 📊 Divergence: Regular bullish divergence on MACD, signaling a potential trend reversal 📐 200 MA Support: Price is trading above the 200 MA, adding strength to this bullish setup This combination of pattern, divergence, and moving average support makes this trade an excellent opportunity. 🚀
NYSE:SQLong
by SRA_Trades
Dollar index remains under 105.00The dollar index has been losing its previous bullish momentum for a couple of days now, encountering resistance in the 104.50-104.70 zone. This resistance coincides with the resistance from the end of July. From this morning, we see a pullback to the 104.00 level and a hint of a turn to the bearish side. The first target is the EMA 200 daily at 103.40. If the support is not enough, the index could continue up to 102.00. Maybe this pullback will be short-lived, and we will see a return to the bullish side again. We will be looking at a jump from 105.00 to a new four-month high.
TVC:DXY
by Aleksin_Aleksandar
MOSCHIP:BSE Bullish FLAG & POLE BO WTF POSITIONALMOSCHIP:BSE Stock Analysis Trade Plan: Entry: 50% of the total quantity 254 DTF Close, with an additional 50% added at 279 DTF Close Price. Stop Loss: 215 Target 1: 451 Target 2: 519 Hold for a period of 6 months to One year or until the target 2 is reached. Chart Pattern: The stock experienced a 3-month streak to touch an all-time high (ATH) of 326 Subsequently, it retraced in 5M time to a 50% Fibonacci retracement level, forming a bullish flag pattern. Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA below the 50D EMA. This indicates a transitional phase of alignment in the stock’s EMA indicators. A potential bullish trend in formation on the DTF/WTF timeframe. The Trend Based FIBO Extension shows a Bounce from the 50% Level, The Sock will shortly breakout of the Bullish Flag Pattern. Additionally, the current price is below the 38.2% Fibonacci retracement leve l. This level could serve as a potential entry point for investors, depending on their risk tolerance. More cautious investors might consider entering above the retracement level. Volume Analysis: There has been an Drying up of Volumes on the Sell side for a Quarter now. There is Buying in the past 4Weeks but below the 20VMA.. Wait for Breakout and Retest to take Entry Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Exit positions when the price drops 7-8% below your entry point. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: - Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. - Chart Patterns: All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout Close (BO): A price move above or below a resistance or support level. - Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. - Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during retracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions. - Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Additional Concepts: - Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. - Swing Trade: A trading strategy that involves holding positions for a significant period, typically several weeks to months. - Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
BSE:MOSCHIPLong
by billpramod
$SPY November 7, 2024.AMEX:SPY November 7, 2024. 60 Minutes. For the rise 567.89 to 591.93 holding 580 levels is crucial for uptrend to continue. 580 is the top of gap for the fall as marked in red box. Hence if i take the rise from 574.69 to 591.93 581 levels is important in smaller time frame. I need AMEX:SPY to close above 593 for a target 640+ My views are same from September. Holding 540 we are in a big move towards 640+ Now holding 565-570 is important on daily for that move. The oscillator divergence marked yellow rectangle played out well in this move. I expect some sideways today so that 9,21 averages can catch up. All moving averages are near. So, after this consolidation one more big move is expected. I had always posted I wanted to go long above 585 only. And it gapped around that area yesterday and held on too. So now 581-585 becomes important zone to watch.
AMEX:SPY
by RiderTrader
2
Bullish time in CORN ahead \o/You can see here the CBOT:ZC1! price displayed in a line chart. After reaching its high in early 2022, the bears took control, driving the price down significantly until now. The factors in play are as following: Seasonality: Corn prices have historically shown strength from December through March, aligning with planting and crop cycles. This seasonal trend could provide a solid backdrop for a potential price recovery. (highlighted in green on the chart) Interest Rates: We’ve reached a pivotal moment in the Federal Reserve's interest rate cycle. The rate hikes that began in March 2022 coincided with the start of the bearish trend, while recent rate cuts in September 2024 may support a rebound in commodity prices, including corn. This shift in monetary policy could act as a bullish catalyst for corn and other commodities. (highlighted in orange on this chart) Technical Indicators: For additional confirmation, one could wait for a bullish crossover of the moving averages (a golden cross). Such a cross would reinforce the technical setup and definitively signal the onset of a new bull market in corn. With these factors in play, corn could be setting up for a strong rally in the months ahead.
CBOT:ZC1!Long
by p4917
Bitcoin prints life crossSharing an observation brought to my attention from a follower, a life cross or golden cross print has confirmed on the daily chart of Bitcoin price action. First a definition, a life cross is: 1) The 50 day SMA (blue line) crosses up the 200 day SMA (red line). AND 2) Price action is above the 200 day SMA. Currently both conditions are true. The last print, October 2023 saw price action rally 160% after the confirmed Life Cross. Should we expect the same this time? Not immediately on looking left (charts below). Previous life crosses on confirmation (as is now) were met with a nasty correction in price action before the rally continued. See below. February 2023, 15% correction September 2021, 16% correction May 2020, 13% correction April 2019, 13% correction Should we except the same with the October 2024 life cross? As it turns out there’s a little trick you can do that tells you the answer. I’ll save that reveal for somewhere else! Ww
INDEX:BTCUSD
by without_worries
22
Can Solana Maintain Its Surging Momentum as US Election Sparks E Solana (SOL), the high-performance blockchain, has surged 17% in the past 24 hours, overtaking BNB Chain in market capitalization. This significant price jump comes as the potential for a more crypto-friendly US administration under a new presidency has ignited hopes for the approval of Bitcoin and Ethereum ETFs in the US. The ETF Effect The approval of crypto ETFs, particularly those tracking Bitcoin and Ethereum, is seen as a major catalyst for the broader cryptocurrency market. By providing a regulated and accessible investment vehicle for traditional investors, ETFs can significantly increase the flow of capital into the crypto space. Solana, as a leading blockchain platform, could indirectly benefit from the increased adoption of cryptocurrencies. A surge in demand for Bitcoin and Ethereum could lead to increased network congestion and higher transaction fees on these chains. As a result, investors may seek alternative, more scalable solutions, such as Solana. Solana's Unique Value Proposition Solana's high-performance blockchain and its ability to process a large number of transactions per second have made it a popular choice for decentralized applications (dApps) and smart contracts. The platform's unique Proof-of-History consensus mechanism ensures fast and efficient transaction processing. Furthermore, Solana's strong developer community and ecosystem have contributed to its growth. A growing number of dApps and projects are being built on the Solana network, attracting new users and investors. Market Sentiment and Technical Analysis The recent price surge in Solana can be attributed to a combination of factors, including: • Improved Market Sentiment: The overall positive sentiment in the cryptocurrency market, fueled by the potential for a more crypto-friendly US administration, has benefited Solana. • Technical Analysis: A bullish crossover of the 50-day and 200-day moving averages has further strengthened the bullish outlook for SOL. • Increased Institutional Interest: As institutional investors increasingly explore the crypto market, Solana's strong fundamentals and potential for growth have made it an attractive investment option. Potential Challenges and Risks While Solana's future looks promising, it's important to acknowledge the challenges and risks associated with investing in cryptocurrencies. Regulatory uncertainty, market volatility, and the potential for hacking attacks are some of the factors that could impact Solana's price. Conclusion Solana's recent surge highlights the potential impact of a more crypto-friendly US administration on the broader cryptocurrency market. As the regulatory landscape evolves and institutional adoption continues to grow, Solana's unique value proposition and strong developer community position it well for future growth. However, investors should exercise caution and conduct thorough research before investing in Solana or any other cryptocurrency.
CRYPTOCAP:SOLLong
by bryandowningqln
1
Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze? Shiba Inu (SHIB), the popular meme coin, maintained its steady price trajectory on Wednesday as the broader cryptocurrency market experienced a rebound. While most meme coins, including Dogecoin (DOGE), bounced back from recent declines, SHIB held its ground, hinting at a potential bullish trend. Golden Cross on the Horizon One of the most intriguing developments for SHIB investors is the looming golden cross pattern. This technical analysis indicator occurs when a short-term moving average (MA) crosses above a long-term MA, signaling a potential bullish trend reversal. In the case of SHIB, the 50-day MA is approaching a crossover with the 200-day MA, which could ignite a significant price surge. Why SHIB Might Soar Higher Several factors could contribute to a potential rally in SHIB's price: 1. Increased Burn Rate: A recent surge in the SHIB burn rate, which involves permanently removing tokens from circulation, has boosted investor sentiment. As the supply of SHIB decreases, its potential value could increase. 2. Community-Driven Initiatives: The strong and active Shiba Inu community continues to drive innovation and support the project. Community-led initiatives, such as SHIB: The Metaverse, can attract new investors and fuel price growth. 3. Market-Wide Bullish Sentiment: A broader cryptocurrency market rally, fueled by positive news and regulatory developments, could benefit SHIB and other meme coins. 4. Analyst Predictions and Potential Upside Cryptocurrency analysts are increasingly bullish on SHIB's future. Some experts predict a 10-fold surge to its yearly peak, while others anticipate a massive bullish wave following recent price gains. These optimistic forecasts highlight the potential upside for SHIB investors. Cautious Optimism While the technical indicators and analyst predictions are promising, it's essential to approach investing in SHIB with caution. The cryptocurrency market is highly volatile, and meme coins are particularly susceptible to sudden price swings. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions. Conclusion Shiba Inu's steady price action amidst a broader market recovery and the impending golden cross pattern suggest a potential bullish future. Increased burn rates, community-driven initiatives, and a positive market sentiment could further propel SHIB's price. However, investors should exercise prudence and diversify their portfolios to mitigate risks.
by bryandowningqln
1
Can Anything Stop Corning?Fiber-optic stock Corning has accelerated since the spring thanks to AI demand. Some trend followers may see an opportunity in its latest pullback. The first pattern on today’s chart is the series of higher lows since August. The 8-day exponential moving average (EMA) has remained above the 21-day EMA for most of that time, which may confirm its uptrend. Second is the bullish price gap on October 29 after results beat estimates. That pushed GLW to its highest level since the dotcom bubble. Third, the stock has pulled back to test its previous close. It’s also near the $46.50 price zone where GLW consolidated last month. Has old resistance become new support? 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:GLW
by TradeStation