EURUSD: Dollar going stronger than EuroThe orange circle, shows the exact moment where, at the same time, ICEUS:DX1! crossed over CME:6E1! and the 200-sma was in the middle of this crossover.
The Dollar futures are gaining stregth while on the other hand, Euro futures are falling in price.
After the crossover, a strong bearish candle cross the support, the price remain in congestion with yesterday price closing at 1.10533.
Today the price is already below a support during early september and a resistance in the week after.
Indicators: Besides the 200sma. The RSI is projecting to go overbought or at least close, while DMI- is increasing the direction and ADX is confirming the trend strength.
Moving Averages
BABA can gain 37% 3.2 billion in cash generated on the quarter and 7% revenue growth. Net income was low but only due to unrealized write downs year over year on their investments. I think this will rebound at $76.96 by Monday. This new support was resistance from January 2023- May 2024. Hopefully this can run to $105.42!
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Long setup for Q4As shown on the chart:
If the 50% fib retracement breaks to the upside, I expect that this downward correction is over and will enter long with a stop limit order. The price will be supported by the 50's SMA (blue) and I expect that we see at least the last high. Maybe the price will climb higher. We'll see.
[BTC/USD] Rally end ? no moon ?COINBASE:BTCUSD just barely making its move, then suddenly it must come to and end.
So has the rally ended yet ?
I'm on the side that think this is just the beginning & this drop is really a pullback the price needed to later resume the climb. There are some conditions that indicate this :
- Price & indicators are still positive (I just use EMA & MACD), above 220EMA & above zero line.
- Price just made a (slightly) higher high, so to test its bullish stance, now it needs to make a higher low...after all, as a trader, these are the conditions that we categorize as bullish right ?
So what's next then ? for now, just watch & see the price retesting its strength, now it's testing minor support at 60,500 & its 220EMA. Bearish if price close below 220EMA & EMA made death cross, or MACD back to negative zone.
Cherio...
1D CHART BITCOIN BULLRUN GUIDEThe Idea is simple. We will have 3 hits to the EMA50 on the 1D timeframe on Bitcoin. We saw this price action during the 2021 Bullrun aswell. Check the 1D chart back then. We flushed the many longs positions out of the market yesterday. It was crystal clear imo that we flush on the 1st day of uptober. We can also say that 3 is a psychological number - google it. So 3 hits to the 1D chart EMA50 seems possilbe. Time will tell. Trade SAFE!
NKE bounce on monthly EMA?They are restructuring, changed top designers and laid off 10% of their work force. This should show at the bottom line and boost share price. It's currently at the 52 week low and completely oversold on the daily chart. $72.44 is the first area to consider, the second if that does not hold is $61.71 and the last area to watch is $50.79. Hopefully it bounces sooner than later!
#AVAXUSDT #4h (Bybit) Ascending channel breakdownAvalanche lost 50MA acting as resistance now, seems to be heading towards 200MA support.
⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 4.9%
Current Price:
28.095
Entry Targets:
1) 28.435
Take-Profit Targets:
1) 25.140
Stop Targets:
1) 30.085
Published By: @Zblaba
CRYPTOCAP:AVAX BYBIT:AVAXUSDT.P #Avalanche #Web3 avax.network
Risk/Reward= 1:2.0
Expected Profit= +81.1%
Possible Loss= -40.6%
Estimated Gaintime= 1 week
BTC Rally TargetsMy Potential Targets for a Local Top on BTC/Crypto is the 20W SMA for USDT.D and the zone between 4.71 - 4.81.
Confluence with 1D RSI (it should be in bottom zone by 1st, if not 2nd Target.
The zone and MA has acted as Support 3 times previously in 2024:
July 29th, 2024
July 22nd, 2024
June 17th, 2024
I will be watching those areas for a bounce in USDT.D which would correlated with a local top in Crypto/BTC
#ETCUSDT #1D (Bybit) Descending wedge breakout & retestEthereum Classic regained 50MA support and seems to be heading towards 200MA resistance, probably after a pull-back.
⚡️⚡️ #ETC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.6%
Current Price:
20.620
Entry Targets:
1) 19.256
Take-Profit Targets:
1) 24.837
Stop Targets:
1) 16.459
Published By: @Zblaba
CRYPTOCAP:ETC BYBIT:ETCUSDT.P #1D #EthereumClassic #PoW ethereumclassic.org
Risk/Reward= 1:2.0
Expected Profit= +86.9%
Possible Loss= -43.6%
Estimated Gaintime= 1-2 months
#AXSUSDT #1D (Bybit) Big falling wedge breakoutAxie Infinity regained 50MA support after a long downtrend, looks ready for mid-term recovery towards 200MA resistance.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
5.202
Entry Targets:
1) 4.854
Take-Profit Targets:
1) 6.947
Stop Targets:
1) 3.805
Published By: @Zblaba
NYSE:AXS BYBIT:AXSUSDT.P #Axie #NFT #P2E axieinfinity.com
Risk/Reward= 1:2.0
Expected Profit= +86.2%
Possible Loss= -43.2%
Estimated Gaintime= 1-2 months
$SPY October 1, 2024AMEX:SPY October 1, 2024
15 Minutes.
AMEX:SPY had retraced to 568 levels being 9 EMA in daily.
And gave 6-point move.
For the day due to long bars 571 572 must hold today.
Holding this we can expect 578-580 levels as first target.
Today should be sideways top sort out the 2 longs bars.
No Trade Day for me
SNS my number 1 Solana playI am posting SNS again but this time to highlight the daily momentum, two EMAs already taken and a nice wick support as the token lifts towards this fib. We just need to take out this 200EMA which will likely happen soon.
Support is at .020 cents
Target short term is .0422
Medium term is around .055
CSGS longAnother NASDAQ stock, which looks promising! Since the low from mid-June, this stock made a nice bullish move but formed and tested a resistance area in September . I've placed my buy order above this area - if it breaks, I expect a continuation of the bullish trend in October. Because of the US elections, the FED meeting, and the earnings date, I would rather close this trade at the end of October.
SWING TUTORIAL - TECHMIn this tutorial, we try to understand how and why the stock NSE:TECHM started going upward and how we can find the best entry while reading charts.
The stock had started forming a Support at 1000 levels at June 2022 and since been retesting the same level again up to April 2023.
During the same time we can observe how the MACD levels consistently kept moving upwards. This indicated that momentum was gaining and it slowly starting to turn bullish.
Once the MACD finally made a successful crossover after close to 52 weeks in April 2023, this is where our Entry got created.
Eventually slowly making its way right up to the Swing High levels.
This trade is still in play and will probably retest its Swing High levels in the coming weeks.
And if the MACD line and signal are still as split away from each other as they are on the monthly timeframe, this could also breakout from the Swing High levels and going all the way further.
What do you think about this Tutorial? Would you like to more such Tutorials in the future? Give your comments in the Comments Section below: