Moving Averages
(Elliott Wave) Double zigzag correction is just half way inGlobal inspection suggests that correction (monthly timeframe) has not yet reached even the minimum targets (marked with red lines on a logarithmic scale).
Local inspection suggests that correction is emerging in a double zigzag formation:
- First zigzag (W) reached the lowest point of $0.262
- Right now ugly wave (X) is forming (retraced 0.618 of wave (W))
- Expecting one more zigzag (Y) with least the same length of wave (W) potentially reaching $0.18 (aligns with weekly 50 EMA) with an on the way pullback near $0.28 (aligns with daily 200 EMA).
Stellar (XLM) Price Breakout Fuels 30% Surge Hopes
Stellar Lumens (XLM), the cryptocurrency designed to facilitate fast and low-cost cross-border payments, has recently shown signs of a potential breakout, sparking speculation about a significant price surge. After a period of relative stagnation, XLM has demonstrated renewed momentum, capturing the attention of traders and investors alike. This article delves into the factors contributing to this potential breakout, examines technical indicators, and explores whether a 30% surge is a realistic possibility.
Stellar’s core mission is to provide an efficient and inclusive financial ecosystem, particularly for underserved populations. It aims to streamline international transactions, making them faster, cheaper, and more accessible than traditional banking systems.1 This focus on real-world utility has always been a strong foundation for XLM, and recent developments suggest this utility is beginning to translate into market action.
Factors Driving the Potential Breakout:
Several factors contribute to the current bullish sentiment surrounding XLM:
• Increased Network Activity: A key indicator of a healthy blockchain network is its level of activity. Recent data suggests a significant uptick in transactions on the Stellar network. This increased usage indicates growing adoption and demonstrates the platform’s real-world utility. This increased activity could be attributed to new partnerships, integrations with existing financial institutions, or the organic growth of its user base.
• Growing Institutional Interest: While not as prominent as Bitcoin or Ethereum, Stellar has been quietly attracting institutional interest. Its focus on regulated financial services and its compliance-friendly approach make it an attractive option for institutions seeking to explore the potential of blockchain technology. Increased institutional involvement often translates to larger trading volumes and can significantly impact price action.
• Favorable Regulatory Landscape: The regulatory landscape for cryptocurrencies is constantly evolving. Positive regulatory developments, particularly those related to cross-border payments and digital assets, can create a favorable environment for projects like Stellar. Clearer regulations can foster greater confidence among investors and encourage wider adoption.
• Technical Indicators: From a technical analysis perspective, XLM has shown promising signs. Recent price action has seen XLM break through key resistance levels, suggesting a shift in momentum.2 Trading volume has also increased, further supporting the bullish narrative. Several technical indicators, such as moving averages and relative strength index (RSI), point towards a potential upward trend.
• Focus on Decentralized Finance (DeFi): While Stellar isn't primarily known for DeFi, the network has seen increasing development in this sector. The growth of DeFi applications on Stellar could attract new users and capital to the ecosystem, further driving demand for XLM.
Technical Analysis and Price Prediction:
Analyzing XLM's price charts reveals a potential breakout pattern. The price has been consolidating within a defined range for a period, and the recent break above this range suggests a potential shift towards an upward trend. This breakout is further supported by increased trading volume, indicating strong buying pressure.
Several technical indicators suggest a bullish outlook:
• Moving Averages: The price of XLM has crossed above key moving averages, such as the 50-day and 200-day moving averages, which are often interpreted as bullish signals.
• Relative Strength Index (RSI): The RSI, a momentum indicator, is showing increasing strength, indicating growing buying momentum.
• Volume: The increased trading volume accompanying the price breakout provides further confirmation of the bullish trend.
Based on these technical indicators and the current market momentum, a 30% surge is a plausible scenario. However, it’s crucial to remember that the cryptocurrency market is highly volatile, and price predictions are not guaranteed.3 Several factors could influence XLM’s price action, including overall market sentiment, regulatory developments, and competition from other cryptocurrencies.
Is a 30% Surge Realistic?
While the technical indicators and fundamental factors suggest a potential for significant price appreciation, a 30% surge should be considered a potential target rather than a certainty. The cryptocurrency market is known for its volatility, and unforeseen events can quickly change market sentiment.4
Conclusion:
Stellar’s XLM is showing promising signs of a potential breakout. Increased network activity, growing institutional interest, favorable regulatory developments, and positive technical indicators all contribute to the bullish sentiment. While a 30% surge is a realistic possibility based on current trends, investors should exercise caution and conduct thorough research before making any investment decisions. The cryptocurrency market is highly volatile,5 and it’s essential to manage risk effectively.6 However, the current momentum surrounding XLM suggests that the project is well-positioned for future growth and could offer significant potential for investors. The focus on real-world utility and the development of the Stellar ecosystem continue to be key factors to watch in the coming months.
BTC/USDT : 200 day MA is key support to a massive $160,000 jump.Hello Traders,
A compelling pattern is forming for CRYPTOCAP:BTC .
Considering how BTC interacted with the 50 day MA from November 2023 to March 2024, with BTC retesting at $40,000 in January and then surging to $73,000 in March, if history repeats, the 2025 bull run could potentially send BTC to $160,000 within three months.
Technically, BTC broke through the 50-day MA resistance from above and from $48,000 it declined by 20% towards the 100-day MA trendline to have rest at $38,000. From the 100-day MA trendline, BTC then rallied by 90% all the way up to $73,000.
If this historical move were to repeat, BTC would likely encounter the 100-day MA trendline to fall 20% at $85,000 before another 90% surge towards $160,000 🚀🚀🚀.
Play safe, #DisciplineWithStopLoss before you invest and keep close eyes on 50 & 100 day MA trendlines 🤞
#ChartPatterns
#SwingTrading
#BTCUSD
#PatienceIsKey
#RektProofTrade
#ProtectYourCapital
Traeger | COOK | Long at $2.50Traeger NYSE:COOK is in an accumulation zone and approaching a change in the downward trend based on my selected simple moving average. Insiders have shown confidence in future price improvement by buying shares and being awarded options in the low $2s. With a 58M float and anticipated earnings improvement through 2027, this ticker may be poised for a run soon. There is a tiny gap in the daily chart between $2.19 and $2.20 that may get filled before then, but Traeger has a strong brand name and can be found in multiple big box stores. A slowing economy may dampen this move in the near-term, but NYSE:COOK is in a personal buy zone at $2.50.
Target #1 - $4.15
Target #2 - $5.00
Target #3 - $8.50
Target #4 - $19.00 (very long-term...)
American Airlines | AAL | Long at $14.00Similar to my cruise line picks, I anticipate airlines to quite literally "take off" in the coming years as interest rates are lowered and people travel more. These two industries never quite recovered from the pandemic, but their time to do so is "likely" fast approaching.
American Airlines NASDAQ:AAL has been consolidating near my selected long-term simple moving average (SMA) for several years. Many retail investors have been beaten up by the sudden up and (especially) down price movements, but this is where larger investors gather their shares. The fact NASDAQ:AAL did not make a new low in August 2024 is a hopeful sign from a technical analysis perspective. While the price may dip to close out the new lower price gaps, I think we are nearing the "take off" zone which will be a massive break through the long-term SMA. A confirmation that something bigger is brewing would be a price move into the $15s, dip down to the $12s, and the larger move up. Regardless of trying to predict bottoms, NASDAQ:AAL is in a personal buy zone at $14.00.
Target #1 = $15.25
Target #2 = $16.55
Target #3 = $18.40
Target #4 = $27.00 (very long-term outlook...)
Take-Two Rallied. Now It’s Pulled BackTake-Two Interactive Software jumped in November and now some traders may see potential for upside continuation.
The first pattern on today’s chart is the price gap on November 7 after earnings and revenue beat estimates. The videogame developer proceeded to multiyear highs after the report, which may reflect bullish sentiment.
Second is the $177.62 level. It was a weekly close on November 15 and the lowest daily closing price after the bullish gap. TTWO probed that level by $0.27 on Friday but has stayed above it. Is support in place above the previous 52-week high?
Next, stochastics have hit an oversold condition and prices are holding the bottom of the Keltner Channel.
Finally, the stock moved sideways between July 2023 and October 2024. But then the 50-day simple moving average (SMA) crossed above the 100- and 200-day SMAs. They’re now in a potentially bullish sequence, with faster SMAs above the slower. That may suggest an uptrend is resuming after more than a year of consolidation.
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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.
$SPY January 15th, 2025AMEX:SPY January 15th, 2025
15 minutes
As the numbers are below 200 averages in 15 minutes, I will short.
For the fall 595 to 575 we have ascillator divergence, therefore, taking 575.35 as the low, drawing extension for the move 575.5 to 585 to 578.35, we have a first target of 588 and second target of 594 levels
For the fall 597.75 to 575.35 we have 0.618 retracement at 590 - 591 levels.
That is the level I will short.
However, we have 200 averages at 588 levels, therefore the short will give us only $2 profit.
Since the risk to reward is not good, we have to wait for the first 15 minute bar to form to see how the close is located, either near top or near bottom.
As written many times, gaps which are unfilled are strong, therefore if we get the first bar close near top, keeping the low of the bar as stoploss, we have to go long.
The reason is the values become above 200 averages, therby triggering a buy.
DLNG: Bullish Setup with Multiple ConfluencesI see several compelling reasons to be bullish on DLNG:
Breakout of Long-Term Consolidation:
The stock has decisively broken out of a multi-month consolidation zone around $4.22. It has since retested this level, confirming it as support. This breakout suggests that momentum is shifting in favor of the bulls.
Liquidity Gap to Target:
There is a clear liquidity gap on the chart, providing a smooth path for price movement from the current levels to $8.00. Such gaps often act as magnets for price action, increasing the likelihood of upward continuation.
Moving Averages Alignment:
The stock is trading above key moving averages (e.g., 50-day and 200-day), a classic signal of bullish momentum. Additionally, the moving averages are likely forming a "golden cross" pattern (if applicable), which strengthens the bullish outlook.
Volume Confirmation:
Recent price movement has been accompanied by increasing volume, adding credibility to the breakout. Higher volume on breakouts often indicates institutional interest and a higher probability of sustained price movement.
RSI and Momentum Indicators:
Momentum indicators like RSI are likely in bullish territory but not yet overbought, leaving room for further upside.
Key Levels to Watch:
Support: $4.22 (previous breakout level)
Resistance: $8.00 (liquidity gap target)
Please, do your own research!
Kroger Pulls BackKroger jumped to a new record high one month ago, and now dip buyers may eye its recent pullback.
The first pattern on today’s chart is the April high of $58.34. The grocery chain tested $0.01 below it last week before stabilizing. Has old resistance become new support?
Second, the recent trough continued a series of higher weekly lows running all the way back to September.
Speaking of September, that’s when KR’s 50-day simple moving average (SMA) crossed above its 100-day SMA. Both are rising and above the 200-day SMA. That configuration could indicate a new uptrend has taken shape.
Finally, stochastics are turning up from an oversold condition.
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.
EURNZD signal: 4H / 1D Beautiful SellEURNZD ( 4H / 1D )
Market price : 1.84475
Sell now : 1.84475
Tp1 : 1.83687
Tp2 : 1.82485
Sl : 1.85480 ( 70 pip )
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
Running Out of Fuel - Retrace to Sub $20RKLB below the monthly EMA and RSI dipping below 50 is giving a big SELL signal after a massive runup in 2024 likely due to pressure from TNX and stop loss triggers.
Why RocketLab skyrocketed in 2024:
Rocket Lab's stock skyrocketed by over 360% in 2024, thanks to impressive achievements and solid growth. In Q3, they pulled in $104.8 million in revenue, beating expectations, though they still reported a small loss of $0.10 per share.
Big wins like opening a new engine facility in California and landing a massive $515 million contract with the U.S. Space Force gave investors plenty to cheer about. Plus, they're expanding into new markets like carbon composite products and making progress on their reusable rocket, the Neutron.
All this momentum has turned Rocket Lab into a rising star in the aerospace and defense world, with investors riding the wave of their success.
Alexandria Real Estate | ARE | Long at $97.41Alexandria Real Estate NYSE:ARE
Pros:
Pays a high and reliable dividend of 5.56%
Earnings are forecast to grow 18.52% per year
Revenue rose from $1.5 billion to $3 billion by Q3 2024
Insiders recently awarded a large amount of options in January 2025
Historically cyclical and bottom cycle may be ending soon
Cons:
Debt is not well covered by operating cash flow
P/E of 57.93x
May see further near-term declines in share price with poor earnings ($60s-$70s, bottom is unconfirmed)
Targets (into 2027)
$120.00
$140.00
$149.00
$199.00
$220.00 (long-term outlook)
Retractable Technologies | RVP | Long at $0.76Retractable Technologies AMEX:RVP is a cyclical OTC stock that may be in a consolidation / accumulation phase for a major rise in the next 1-2 years. The reason this stock got my initial attention is the CEO bought $800,000 worth of shares over the last two years, with his buy range between $0.60 and $1.28. Pulling up the chart, my historical simple moving average (SMA) line seems to predict (quite well for this ticker) the sudden rise in price (i.e., as the SMA lines get closer to the price, there is a jump in price). The stock only has a 13.1 million float.
Between 2017 and 2019, the stock price consolidated near the levels seen during the last two years. Then, once my selected historical SMA reached the price, it jumped, consolidated further and rose to over $21.00... Now, I don't necessarily think the price will rise that high. There are currently two open price gaps on the daily chart (highest near $6.00) that may get closed.
I may be very early, on time, or the stock could go to zero. But if the CEO is going to risk that much for a current penny-play, I will dabble in the risk and simply be patient until SMA connects with the price.
Nothing to discuss regarding the fundamentals of this one (not great)... it's purely a technical analysis play.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.50
If it soars...
Target #4 = $4.18
Target #5 = $5.90
GBPUSD Weekly: Retracement or Just Playing Hard to Get?Halamakkkk, I thought I was going to have a nice 2-3 weeks break from looking at the chart! But clearly, the weekly chart is playing with me. The weekly chart really confused me because last week the market closed with a so-called "Inverted Hammer," meaning the seller momentum is still there to push it further downward. But at the same time, the market is also showing that it closed below the Bollinger Band, which means it's oversold! Think, think, think.
But but but buuuuttttt, the risk-reward for this to be a BUY is too good to ignore. So, on Monday I’ll set a pending order with Entry point on 1.21700, SL on 1.19411 and TP on 1.26000. The TP might change if it doesn't hit by end of Friday.
Entry 1.21700
SL 1.19411 (Weekly fibo 1.414)
TP 1.26000 (Weekly REE point)
Weekly chart
Trading Plan for ONDO: Is This A Lifetime Opportunity?Do you know that in the next 6 days, you may have the opportunity to stack more COINBASE:ONDOUSD tokens at a lower price per token?
The current circulating supply will increase by 200%, diluting the token's current valuation.
I am a long-term holder of ONDO, but seeing the on-chain data about the future token unlock, I decided to offload some of my bags at $1.2 per token.
Why?
My entry price range was between 12-16 cents, it is okay to take some profits because there is an opportunity to buy lower and increase the amount of ONDO in my portfolio.
This is not a short signal, please. The trading plan is focused on buying when the opportunity presents itself, then we ride it to the top again.
Take note of the entry prices and stop loss level!
NB: this is a swing trade, if you have no patience to ride the momentum, or swing trade is not your thing, please ignore the analysis.
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Cheers!
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 - Swing 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.
50 SMA Rising strategy. Suitable for Swing 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 for 2 to 4 weeks.
Target & Stop loss shown on Chart. Do not Forget to Exit if Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
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
Still in Uptrend Trail by 50 SMA if price close below 50 SMA Exit