NykaaTrade Setup:
- crossed resistance of 210 INR and sustained on weekly basis (price trading at support levels).
- 20 EMA crossed (or is above) 50 EMA on weekly basis, and the EMA's are steep in upward direction.
- RSI > 50
- RS is positive (>0)
Buy price = CMP (215 INR). Add on drips until near 50 EMA
Stop loss = trendline
Target = 310 INR
Moving Averages
Bitcoin (BTC): Slowly Starting To Look For Short!Bitcoin on a daily timeframe has fully secured the EMAs as of now and now price is testing that smaller rejection zone.
So far our gameplan remains the same and we are looking for a full switch of trends, which would result only after seeing some kind of strong rejection from the current zone or upper resistance zone so we keep an eye on candle movements to catch any possible confident move!
Swallow Team
$SPY September 25 2024AMEX:SPY September 25, 2024
15 Minutes.
568 was held yesterday.
570.5 was crossed and closed above too.
Long setup activated.
SL close below 569
Moving averages 9,21,50 and 100 have converged in 15 minutes.
200 averages are around 566 levels which should give very good support.
I am expecting a move today or tomorrow.
No time to short yet.
QQQ and SPY comparison in uptrendComparing QQQ and SPY we can that they still both hold up above the support lines.
QQQ and SPY are now showing to hold above their long term downward trend, signaling a turn around
RSI still remains pretty stable on both with only slight weakness on SPY
MACD on both showing leveling off with slight down ward move forming.
Volume is looking to decrease lately
This upward trend breakthrough remains fairly strong so far. Its looks like the down trend we have been dealing with for the past 2 months may be coming to an end now overall. Since we still have October to go through, its certainly possible to get one more sell off before we go into a full bull swing.
Bitcoin Analysis==>>Bull Trap==>>Short termBitcoin is moving near the Resistance zone($64,140-$63,820) and 200_SMA(Daily) .
I expect Bitcoin to at least drop to the Support zone($62,720-$62,350) after it passes a Bull Trap. And if the Support zone($62,720-$62,350) breaks, we should wait for Bitcoin to attack the lower line of the ascending channel .
Note: If Bitcoin breaks the Resistance zone($64,140-$63,820), we can expect more pump to the next Resistance zone($66,130-$64,900)
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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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
Please check the fundamentals of COMPANY as penny stocks are easy to manipulate
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
#PENDLEUSDT #1D (Bybit) Broadening wedge breakout and retestPENDLE regained 50MA daily support then pulled back to it twice, forming a hammer.
Looks good for bullish continuation towards 200MA resistance, buckle up!
⚡️⚡️ #PENDLE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 5.1%
Current Price:
3.5533
Entry Targets:
1) 3.2645
Take-Profit Targets:
1) 4.2309
Stop Targets:
1) 2.9419
Published By: @Zblaba
SEED_DONKEYDAN_MARKET_CAP:PENDLE BYBIT:PENDLEUSDT.P #DeFi pendle.fi
Risk/Reward= 1:3.0
Expected Profit= +118.4%
Possible Loss= -39.5%
Estimated Gaintime= 1 month
China A50 stages major bullish breakout to key technical level Chinese stocks are going vertical in response to the swathe of stimulus measures announced before the market open. China’s A50 Index is no exception, staging a bullish breakout to an import level we can use to build setups around.
The break of the downtrend and 50DMA looks significant on the back of big volumes, seeing futures retest the 200DMA. With MACD and RSI (14) generating bullish signals on momentum, there could be more gains to come.
But let the price action tell you what to do.
If we get a clean break above the 200DMA, consider going long targeting a move back towards horizontal resistance at 12352. Ideally, it would be nice to see a retest and bounce off the 200DMA following the break to bolster the case for upside. A stop could then be placed below the 200DMA for protection.
Alternatively, if the price is unable to break the 200DMA convincingly, consider selling with a stop above the level for protection. Downside targets include the former downtrend and support at 11375.
Given the measures announced today and proximity to Golden Week holidays, the bias is to buy dips or breaks near-term given the possibility of further state support.
Good luck!
DS
BTCUSDT RSI EMA VWMA Signals with Profit Target for CryptohopperThis strategy combines the Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Moving Average (VWMA) to create buy and sell signals, along with a profit target, for cryptocurrency trading. It is specifically designed for use with Cryptohopper through webhook alerts.
How It Works:
Buy Signal: A buy signal is triggered when the RSI crosses above the lower threshold (user-defined) and the 9-period EMA is above the 20-period VWMA.
Sell Signal: A sell signal is triggered when the RSI crosses below the upper threshold (user-defined).
Profit Target: Once a position is opened, the strategy sets a profit target based on the user-defined percentage. When the target is reached, the position is closed.
Indicators Used:
RSI (Relative Strength Index): A momentum oscillator measuring the speed and change of price movements.
EMA (Exponential Moving Average - 9 period): A moving average that gives more weight to recent price data.
VWMA (Volume Weighted Moving Average - 20 period): A moving average that takes volume into account, giving more weight to periods with higher trading volume.
Features:
Generates buy and sell signals based on RSI and moving average conditions.
Allows users to set a profit target percentage for each trade.
Alerts can be sent via webhooks to integrate with platforms like Cryptohopper to automate trading.
Alerts are provided for buy, sell, and when the profit target is reached.
How to Set Up Alerts for Webhooks:
Apply this script to your TradingView chart.
Set up alerts for the buy and sell conditions.
Enter your Cryptohopper webhook URL in the alert configuration to automate trade execution.
Disclaimer:
This strategy is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies involves a high level of risk, and users should do their own research or consult a financial advisor before making any investment decisions.
$SPY September 24, 2024AMEX:SPY September 24, 2024
15 Minutes.
Looks like consolidation was done yesterday.
For the fall 572.88 to 565.17 AMEX:SPY retraced to 570 levels which is 61.8% retracement.
Now we have a range fixed.
Sell below 565 and buy above 570.5 as long as the bar is closed near bottom or top on that breakout.
Also, in for the rise from 565.17 to 570.34 AMEX:SPY retraced yesterday to 568 levels which again represents 61.8% retracement for that rise.
Bias is towards long.
I will go long above 570.5 levels based on closure.
I expect a gap up so as usual may not get a chance to enter.
I will wait for first 15 minutes in case of gap up before taking long.
Target 574 to 578 levels for the Fib extension as drawn in chart.
PSU Banks Can take off from here. Signs looking ominous. Trend line has given support to PSU bank index. Father line has given support to PSU bank index. If mother line gives support later this week. They can have a huge upside in the range of 10 to 40% depending on individual banks and their fundamentals.Things are looking ominous. Mother Line Breakout (Mother's Blessing/Ashirwaad can happen later this week.) To know more about Mother, father and small child theory and Happy Candles numbers that we assign to stocks, Parallel channel etc. read my book The Happy Candles way to wealth creation. The book is available on Amazon in paperback and Kindle version.
RSI is crossing over to the bullish territory. Moving Averages are converging in a positive way. Keep all the banks in this index on radar. Performance of each can differ depending on fundamentals of each one. The PSU Bank Index comprises of banks like SBI, BOB, Indian Overseas Bank, Punjab National Bank, Bank of Maharashtra, UCO Bank, Central Bank of India, Union Bank of India, Punjab & Sind Bank, Bank of India, Canara Bank and Indian Bank. Keep them all in radar.
52 Week High Breakout - 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.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Daily Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
52 Week High Breakout - Positional Trade Disclaimer: 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.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Daily Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Chevron May Be OverboughtEnergy stocks bounced last week. However they remain the worst-performing sector this year and now some traders may see downside risk in Chevron.
The first pattern on today’s chart is the March low of $147.67. CVX knifed through this potential support level in early August and peaked near it a few weeks later. Now it’s stalling around the same level. Has old support become new resistance?
Second, a peak here would represent a lower high versus late August. The stock also made a lower low in mid-September versus mid-August. Lower highs and lower lows are potentially consistent with downtrends.
Third, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA last month.
Finally, stochastics have reached an overbought condition.
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