FTM/USDT – Rising Channel PlayThis setup aims to ride the momentum of a well-defined ascending channel while using the 200MA for risk management. If FTM holds in this channel, it could keep pushing higher. However, if it breaches the 200MA decisively, it may signal a deeper pullback or trend shift.
Rising Channel: FTM has been respecting a clear ascending channel on the daily timeframe, making higher highs and higher lows since mid-year. Prices are currently near the channel’s midpoint to upper half.
RSI Trend: The RSI on the daily timeframe is forming higher lows, confirming bullish momentum. However, RSI is not oversold or overbought yet, so there’s still room for an upside move, but watch for divergences.
200MA as Key Support: Our stop loss is set just below the 200-day moving average. This MA often serves as a significant support/resistance level, so a daily close below it would signal a potential trend reversal and trigger the stop.
RSI Trend: The RSI on the daily timeframe is forming higher lows, confirming bullish momentum. However, RSI is not oversold or overbought yet, so there’s still room for an upside move, but watch for divergences.
Trade Setup
Entry: Around current levels (0.84–0.90) within the channel.
Targets:
1.00–1.10 (shorter-term Fib resistance)
1.28–1.80 (longer-term Fib extension and channel’s upper boundary)
Stop Loss: Below the 200MA (around 0.63-0.65), indicating invalidation if price closes under this level on the daily chart.
Moving Averages
BTCUSDBuyers repeatedly tried to push the price above $100,000.
The local maximum is $99,450.
The nearest key support zone comes in between $95,900 and $96,600.
While the price is moving above this zone, the primary scenario is continued growth.
The intermediate growth target is $102,000 - $102,757.
Further, we can assume based on the price reaction.
Below $94,300, this analysis is not current.
✍️It is important to note that the above post is general information and cannot be taken as specific investment advice. All investments involve high risk, especially in the volatile cryptocurrency markets. A thorough market analysis and consideration of one's own risk tolerance is essential when making any investment decision!
$SPY December 27, 2024AMEX:SPY December 27, 2024
15 Minutes.
As expected, 602 gave resistance and AMEX:SPY managed to hold 597-598 yesterday.
I expect a move today after 2 days consolidation.
I will go long above 603 for a 3 to 4 $ move towatds 608-609 levels.
Provided 597 is held today. A close below 597 will result i a 2$ trade. Possible.
I prefer to go long above 602.6 - 603 for the day.
Charter Communications | CHTR | Long at $353.00Charter Communications NASDAQ:CHTR has hit the bottom of my historical simple moving average band. It may consolidate for a while around the current price or dip in the near-term (potentially in the $270's), but dropping interest rates will be extremely beneficial for telecommunication companies in the long-term. There are two open price gaps on the daily chart ($700's) that will inevitably close - just a matter of when. With a 90M float and 12% short interest, it's a stock that could get interesting if upward momentum takes over. Earnings and cash flow growth are anticipated through 2027, so at $353.00, NASDAQ:CHTR is in a personal buy zone.
Target #1 = $400.00
Target #2 = $500.00
Target #3 = $600.00
Target #4 = $700.00
Target #5 = $740.00
Moving Average Convergence Divergence MACD A Comprehensive GuideMastering the Moving Average Convergence Divergence (MACD): A Comprehensive Guide
Understanding the Moving Average Convergence Divergence (MACD): A Beginner’s Guide
The Moving Average Convergence Divergence (MACD) is a popular and powerful momentum and trend-following indicator used by traders across various markets. Developed by Gerald Appel in the late 1970s, MACD helps traders identify potential trend reversals, momentum strength, and buy or sell signals.
What is MACD?
MACD is based on the relationship between two moving averages of an asset’s price. It consists of three main components:
MACD Line:
Calculated as the difference between the 12-period Exponential Moving Average (EMA) and the 26-period EMA.
Signal Line:
A 9-period EMA of the MACD Line.
Serves as a trigger for buy or sell signals.
Histogram:
The difference between the MACD Line and the Signal Line.
Visual representation of momentum changes.
How to Interpret MACD
Crossovers:
Bullish Crossover: When the MACD Line crosses above the Signal Line, it signals upward momentum and is often interpreted as a buy signal.
Bearish Crossover: When the MACD Line crosses below the Signal Line, it indicates downward momentum and is often seen as a sell signal.
Centerline Crossovers:
When the MACD Line crosses above the zero line, it indicates bullish momentum.
When the MACD Line crosses below the zero line, it signals bearish momentum.
Divergence:
Bullish Divergence: Occurs when the price makes lower lows, but the MACD makes higher lows. This can indicate a potential upward reversal.
Bearish Divergence: Occurs when the price makes higher highs, but the MACD makes lower highs. This can suggest a potential downward reversal.
Strengths of MACD
Versatile: Combines trend-following and momentum analysis.
Easy to Use: Simple to interpret for traders of all skill levels.
Effective in Trending Markets: Provides clear signals during strong trends.
Limitations of MACD
Lagging Indicator: Since it relies on moving averages, MACD may provide signals after a trend has already started.
False Signals: In sideways or choppy markets, MACD can produce misleading crossovers.
Best Practices for Using MACD
Combine with Other Indicators:
Use MACD with support and resistance levels, RSI, or Bollinger Bands for confirmation of signals.
Combine it with volume analysis to validate momentum strength.
Adjust Periods for Your Strategy:
Shorten the EMA periods (e.g., 8, 18, and 6) for more responsive signals in fast-moving markets.
Lengthen the periods (e.g., 21, 50, and 9) for smoother signals in slower markets.
Understand Market Context:
Avoid relying solely on MACD in range-bound markets where false signals are more common.
Example of MACD in Action
Imagine a stock is in an uptrend, and the MACD Line crosses above the Signal Line while the histogram turns positive. This is a bullish signal suggesting that the upward momentum is strengthening. Conversely, if the MACD Line crosses below the Signal Line during a downtrend, it signals that bearish momentum may continue.
Conclusion
The MACD is a robust indicator that helps traders identify trends, momentum shifts, and potential buy/sell opportunities. While it’s easy to use, its effectiveness improves when combined with other technical tools and a solid understanding of market dynamics. As always, backtest your strategies and practice using the MACD on historical data before applying it to live trades.
GREAVESCOT NSE 2Y11M RBCUP BO WTF -SWING/POSITIONAL Stock Analysis
Trade Plan:
Entry: 50% of the total quantity at 260 DTF Close, with an additional 50% added at 294 DTF Close Price.
Stop Loss: 228
Target 1: 312
Target 2: 341, TGT3 : 395
Hold for a period of 9 months to 2 year or until the target 3 is reached.
Chart Pattern:
The stock has formed a Rounding Bottom Cup in a time of THREE Years, there has been a Steady Bullish Copybook rise for the past 6months with a considerable volume buying
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 above the 50D EMA. This indicates an Ascending phase of alignment in the stock’s EMA. A bullish trend in formation on the DTF/WTF timeframe.
Additionally, the current price is near the 23.6% Fibonacci Extension level. This level could serve as a potential entry point for investors, depending on their risk tolerance. More cautious investors might consider entering above the 38.2% retracement level.
Volume Analysis:
There has been a consistent buying volumes for a Month now. There is buying in the past. weeks are above the 20VMA.
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. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or When 9EMA crosses Below 21EMA in DTF. Earlier too basis your Risk profile. 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.
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.
Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses.
Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months.
Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
CHART PATTERNS
Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend.
Breakout (BO): A price move closure above a resistance or below a support level.
Flag & Pole BO: (F&P BO) Bullish Continuation Pattern
Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity.
Moving Averages:
Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data.
Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks.
Fibonacci Retracement/Extension:
Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements.
Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
$SPY December 26, 2024AMEX:SPY December 26, 2024
15 Minutes.
I had expected 200 averages in 15 minutes to be resisted. It broke and held on to that for more than 2 hours on the 24th of December.
For the rise 592.25 to 601.34 it is important to hold 597 levels for uptrend to continue. It is also 21 averages in 15 minutes.
For the larger rise 580.91 to 601.34 holding 593-594 is crucial to hold.
Above 603 I expect a 3 to 5 $ move which was resisted earlier before the fall.
At the moment I will sell only below 588 for good 10$ move. 575-578 is a crucial number to hold on downside.
In daily uptrend is intact.
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
Liberty Latin America | LILA | Long at $6.37Liberty Latin America NASDAQ:LILA is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands Flow, Liberty Communications, Más Móvil, BTC and Liberty Costa Rica. Insiders have been loading up shares after the recent drop post earnings, which got my attention. The company is expected to be profitable starting in 2025, but its stock has taken a tremendous hit over the past few years. On paper, the future looks bright for this large telecommunications company and it is trading at good value compared to peers and industry.
From a technical analysis perspective, my selected historical simple moving average lines are connecting with the price (which often means a future breakout). The recent dip, based on the financials and insider buying, may be a hidden opportunity for a future run up and the stock consolidates. However, as always, stay cautious. Thus, at $6.37, NASDAQ:LILA is in a personal buy zone.
Target #1 = $7.00
Target #2 = $8.00
Target #3 = $9.00
Target #4 = $10.00
ETH long but not for longIf you look at the price action of ETH especially last year arround the same time. ETH tends to make one deeper pinbar that touches the 200 MA before running up.
That second pinbar didn't formed yet and suprise the 200 MA is hovering slight below it at 3000K level.
So what do you think will happen?
Don't get trapped, place your limit at the 3k level
DIMOUSD 12/6/2024DIMOUSD Daily Chart Analysis
Market Context:
With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception.
Price History:
- Q1 2024: DIMOUSD reached a significant top.
- March to July 2024: Entered a sharp downtrend, leading to a steep decline in price.
- July 2024 Onward: Price found a bottom and moved sideways, signaling a potential accumulation phase.
Recent Price Action:
- End of November 2024:
- A massive spike in volume and expansion in momentum was observed.
- The MACD crossed above its signal, confirming a bullish shift.
- Price briefly broke above resistance but fell back below it, resulting in a false breakout.
- The price decline from the false breakout was caught and supported by the 10 EMA, which is now holding as strong support at the resistance level.
Momentum Indicators:
- The MACD remains in bullish territory and is expanding upward, suggesting continued strength.
- The 10 EMA acting as a support level at resistance highlights the likelihood of a potential breakout.
Bullish Outlook:
- The confluence of BTC’s market strength, increased volume, MACD expansion, and price support at the 10 EMA sets the stage for a potentially explosive upside move.
Trade Setup (Long)
- Entry: 0.23880
- Stop Loss: 0.20060 (-16.00%)
- Target: 0.59126 (+147.60%, 9.23 RR ratio)
This trade takes advantage of the strong technical indicators and bullish macro sentiment, aiming to capture a high-risk, high-reward opportunity in DIMOUSD
AMZN 6/6/2022AMZN
Jeff Bezos sold at the top and bought a yacht while The Jeff Bozos the clowns will buy the stock split thinking they’re getting a good deal.
That last leg of AMZN Uptrend which respected 50ema, started April ’20 and topped out Sept.’20. It closed below the 50ema that Sept. and price entered a Sideways market
AMZN moved sideways from Sept.’20 thru Jan.’22. During this time, Good ‘ol Jeff Bezos jumped ship Nov.5th ’21 @ 179 and jumped into an enormous yacht. The sly dog knew what was coming and exited at the top.
Jan’22 price broke down from this sideways range and confirmed the range to be a Distribution stage. Price fell from 165 down to 136. During this time, we also had Death Cross between the 50 & 200 ema to further signal the bearish conditions.
Price pulled back from 136 twice to previous Support looking to turn it into resistance. The market was very nice to the “investor”, gave them two chances to exit.
On the second pullback to resistance, we also had an Overbought Stochastic reading. This was our 1st entry to enter trade short. This short entry saw price move from 167 down to 102. This breakdown saw price make a lower low and confirmed the start of the downtrend for AMZN.
From the lower low made at 102, price pulled back to the 50ema which is acting as Dynamic Resistance level. Currently, we also have an Overbought Stochastic reading. This is the second entry to trade short. Downtrend + Pullback to resistance + Overbought Stochastic = Short Trade Entry
Entering trade short.
Entry: 124.79
Stoploss: 139
Target #1: 101.61, 18.56%, 1.63 RR ratio
Target #2: 83.86, 32.79%, 2.87 RR ratio
CVS Health Corp | CVS | Long at $43Not much to write about here except the stock has reentered the "crash" simple moving average area (see green lines). Often, this signals an overall bottom, but it doesn't mean a further dip below $40 isn't possible in the near-term. Personally, I can't ignore this reentry and thus have started a position at $43 (after closing out a previous position in October in the $60's). The company has a lot of headwinds, but if Walgreens NASDAQ:WBA is also in trouble, is NYSE:CVS too big to fail in the short-term?
Target #1 = $53.00
Target #2 = $60.00
Target #3 = $65.00
Target #4 = $68.00
$SPY December 23,2024AMEX:SPY December 23,2024
15 Minutes
The gap down at open managed to retrace 61.8% of the fall 605.67 to 580.91
For me trend is down as below all moving averages.
For the rise 580.91 to 595.75 it is important to hold 587-588 levels today.
Base is under formation after the big fall.
I have no trade today.