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Moving Averages

Pullback in American TowerAmerican Tower spent most of 2024 underwater, but it’s shown signs of revival in recent weeks. The first pattern on today’s chart is the pair of bullish gaps on July 11 and July 30. The first followed the lower-than-expected inflation report, which spurred hopes of rate cuts. The second followed strong earnings, revenue and guidance. Those jumps may reflect improving sentiment. The later surge also lifted AMT above its $215.88 closing price at the end of last year. Prices have retraced most of that move but have remained above the old peaks. Holding this area may indicate that new support is established above old resistance. Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA. That may suggest a longer-term uptrend is taking shape. Finally, the wireless-tower company’s 8-day exponential moving average (EMA) is above its 21-day EMA. That may be consistent with a shorter-term uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. 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:AMT
by TradeStation
Altcoins Leading the charge while BTC plays catch-up!Is everything we’ve learned about BTC leading the way while altcoins lag behind a lie? Could altcoins be the secret service agent, sent from the future to show us the direction BTC will take? And did the moon landing really ever happen? On a more serious note, I noticed an interesting pattern when comparing the altcoin market cap to BTC’s market cap. Recently, it seems like altcoins have been leading the way, particularly when we observe how they’ve retraced to the moving average (MA) lines. On a weekly timeframe, altcoins hit the 20MA line, with BTC following suit three weeks later. Altcoins then proceeded to reach the 50MA line, and BTC followed five weeks later. Now, altcoins have hit the 200MA line and seem to be finding support there. At the same time, the BTC Dominance chart is facing significant resistance, suggesting a potential trend shift in dominance between alts and btc soon. This could align well with the observed pattern. While the next move for altcoins is uncertain, BTC may still need to drop and hit the 200MA line to continue following this trend. The $44k area is also a critical zone where multiple former trend lines converge, potentially providing strong support and an opportunity for BTC to gather the liquidity it needs to resume its path toward $100k. Take a look at some of my previous BTC analysis charts to see what i'm talking about here and why the 44k area might be a good short term target. Thanks for reading, good luck trading and make sure to follow for more! X: @PuppyNakamoto
CRYPTOCAP:TOTAL3
by WOLFofBlockStreet
2
$SPY August 19, 2024AMEX:SPY August 19, 2024 15 Minutes. Friday AMEX:SPY was struggling around 55 levels as expected. All moving averages are little far off for 15 minutes chart. Hence, I expect sideways until this is sorted out. Considering 2 rises From 531.76 to 555.01 From 548.88 to 555.01 AMEX:SPY in uptrend for the day holding 551 levels. And if breaks 551 levels i have 548-549 as target being 100 averages approximately. 540 is the important levels now to hold to continue this current uptrend as of now. We have clearly oscillator divergence and hence i expect a pull back.
AMEX:SPYShort
by RiderTrader
Going Long Or Being Cautious?Once again, the 0.00011 level turned out to be strong support. FLOKI created a lovely U-shaped pattern that touched the level and bounced immediately. Therefore, the stage is set to climb back to the next resistance of 0.000135 — at least from a chart perspective. That move would result in more than 15% gains. Technical indicators second this move, too: - MACD on the daily chart just turned bullish - RSI is in the lower neutral zone - ADX is showing some admirable strength (>30) But wait! Here are three aspects you should consider before jumping into a trade: 1️⃣ Volume A tiny summer weekend volume drives the current reversal. The Monday opening bell can easily and quickly force another U-turn - this time to the downside. 2️⃣ Downtrend Technically, FLOKI is still in a downtrend. A break of 0.000135 would send a much more robust and precise signal for going long than the current reversal. 3️⃣ Bitcoin And here's the most significant burden: Bitcoin is still in its "indecisive mode." Subsequently, this adds a substantial additional risk to a current trade setup. ❇️ Here's a better strategy - First, don't enter the trade right now. The risk is too high. - Wait for FLOKI to pump above the 0.000135 level. - Most likely, this will only happen if Bitcoin enters an uptrend. - Trade the area between 0.000135 and 0.0002
by ben_walther
SWING IDEA - VENUSREMNSE:VENUSREM seems to be freshly coming out of the Cup and Handle Pattern. Co-incidentally, its is also at a Support/Resistance Level of 404. It can also be noticed that there was a Convergence Divergence at the MACD Crossover a couple of years ago. After which, we see a another good MACD crossover happening at a crucial level, where the Cup & Handle Pattern also completes, exactly near the Support/Resistance zone. If all is well, this Setup can play well at least until the next Swing High Level.
NSE:VENUSREMLong
by thepranam
Why Bitcoin Just Flashed A Strong Buy Signal!While lower timeframes still signal cautiousness, Bitcoin might have flashed the signal to start a fresh pump. So, here's what happened: Bitcoin flashed a bullish MACD crossover on the daily chart. This happens when a short-term moving average crosses above a longer-term moving average. Translated into market behavior, this means that a trend has changed. Of course, you could argue it's just another technical indicator. But here's the thing: On a higher timeframe, such as the daily chart, the indicator is highly reliable. Take a look at the chart below. The arrows mark the last three times Bitcoin flashed a bullish MACD crossover. Each time, this was the start whistle for a strong pump. However, don't expect Bitcoin to go bananas immediately. Technical indicators and signals on a higher timeframe need time to play out.
COINBASE:BTCUSDLong
by ben_walther
50 SMA Rising - Swing TradingI 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. Do not Forget to Exit is Stop loss Hit. Be Discipline because discipline is the Key to Success in the STOCK Market.
NSE:ORIENTELEC
by AnsariTV
50 SMA Rising - Swing TradeI 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. Do not Forget to Exit is Stop loss Hit. Be Discipline because discipline is the Key to Success in the STOCK Market.
NSE:NBCC
by AnsariTV
50 SMA Rising - Swing TradingI 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. Do not Forget to Exit is Stop loss Hit. Be Discipline because discipline is the Key to Success in the STOCK Market.
NSE:MARICO
by AnsariTV
50 SMA Rising - Swing TradingI 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. Do not Forget to Exit if Stop loss Hit. Be Discipline because discipline is the Success in the STOCK Market .
NSE:INDHOTEL
by AnsariTV
50 SMA Rising - Swing TradingI 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. Do not Forget to Exit is Stop loss Hit. Be Discipline because discipline is the Success in the STOCK Market.
NSE:CROMPTON
by AnsariTV