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AAPL: Hit our target at the 21 ema! What's next?Hello traders and investors! Let’s see how AAPL is doing today! It is doing exactly as we described in our last analysis, but we have to update our thoughts now. First, in the 1h chart, it is trading under the $ 172, the most important support level in the short-term, but it just dropped to hit the next support level around $ 170 (keep this point in mind). The bearish reaction was weak, but as long as we don’t break the $ 172 again, it won’t turn bullish in the 1h chart again. What’s more, we are under the 21 ema, and we don’t see a bullish structure yet. This seems to be just a correction in the daily chart: Yes, AAPL hit our target at the 21 ema, a natural and expected movement, and it is trying to stabilize. We don’t see any bullish reaction, but if we do, now is a good time. Of course, it would be interesting to see it retesting the retracements, but the $ 170 seems to be a strong support, and we must lose it first. To me, the area at $ 168 is the ideal support, as it is the 38.2% retracement, and the previous top in March. I’ll keep you guys updated on this, so, remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
6
SPX: Be careful with these key points!Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, we see that it stabilized above our support level at 4,456, and it has been moving sideways since yesterday. The 4,500 seems to be a resistance for it, which is natural, as it was a support in the past. We still have an open gap (yellow square), but no bullish signal yet. In the daily chart, we just corrected to the 21 ema, and briefly retested the 38.2% retracement, so it is normal to see it stop dropping. This support area is a good to form a bottom, but we don’t see any bullish structure that could turn it bullish yet. If the index wants to turn bullish, it must break the 4,500 again, and trade above this level, consistently. However, if we lose the 4,456 (previous support in the 1h chart, 38.2% retracement in the daily chart), it will try to hit one of the other retracements, probably the 61.8% at 4,344. Let’s keep our eyes open. I’ll keep you guys updated every day on this, so, remember to follow me to not miss any of my analyses!
SP:SPX
by Nathan_The_Finance_Hydra
5
SPX: Correcting sharply! Is it a buy now?Hello traders and investors! Let’s see how the index is doing today! First, in the 1h chart, the index lost the support level we warned about yesterday, the 4,540, and it is doing the sharper correction we mentioned. So far, everything is doing according to the technique, however, we don’t see a clear buy sign yet. What’s more, the index lost the support at 4,500 doing a gap, which might be an Exhaustion Gap if the index goes up and fills it by Friday. In the daily chart, we hit our first support level at the 21 ema, and we almost hit the first Fibonacci’s Retracement at 38.2%. Depending on how the index reacts near this support level, it might be a buy again, however, we don’t see any buy sign for now. Now that we are near our support level in the daily chart, it is the best time for a reaction, so we must patiently wait for it. Either way, I’ll keep you guys updated on it every day, so remember to follow me to keep in touch with my analyses!
SP:SPX
by Nathan_The_Finance_Hydra
6
NVDA: When will it stop correcting?Hello traders and investors! Let’s see how NVDA is looking today! First, in the 1h chart, it lost the key point at $ 272 (green line), which was not easy, and now it is just seeking its next support levels, as usual. However, we can’t say it is a bull trend anymore, not in the 1h chart, at least, but if NVDA holds at the $ 262 area (red line), the previous support level, it might do a reversal pattern soon. What’s more, this support is quite close to the 21 ema in the daily chart: In the daily chart, NVDA is already bullish, as we are doing higher highs/lows. The 21 ema is at $ 262, quite close to the support at $ 262 in the 1h chart, indicating that this is a dual-support level, seen in two different time-frames. This is a good candidate point for a reversal, but we must see a good reaction first. To me, it would be great to see it reacting at this support area, and closing above the $ 265 (black line) again. This would be the confirmation sign we need on NVDA. Despite the drop since March 29, we don’t see any bearish structure on it, and all we can assume is that this drop is just an ordinary pullback to the 21 ema, as it always does when the trend is bullish. NVDA could correct more only if the SPX/NDX keeps correcting, but hardly this would indicate a change in the trend. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
15
SPX: A pullback to the Fibonacci's Retracements!Hello traders and investors! Let’s see how the SPX is doing today! Since our last analysis yesterday, the index went up nicely, and it is still in a bull trend in the 1h chart, despite the correction today. Our Bullish Sandwich worked very well, and this correction is expected. So far, the 38.2% is holding the price, but as far as I know, the index could drop all the way down to the 61.8% at 4,540 and the trend would still be bullish in the 1h chart. If it loses this point, we would see a sharper correction in the daily chart. The index is clearly bullish in the daily chart too, and if it loses the retracements in the 1h chart, a correction to the 21 ema would be ok. The 21 ema here is at 4,484 and it is rising every day. The longer it takes to correct, the weaker the bearish reaction will be. It is interesting to notice that today’s correction occurred just after it gets closer to our red line at 4,597, indicating that this is an interesting key point, as it worked as support/resistance a few times in the recent past. For now, we see no bearish reversal sign, but we must pay attention to the 61.8% retracement in the 1h chart. I’ll keep you guys updated, so remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
17
AMD: Is it a buy right now? Let's see what the charts say.Hello traders and investors! Let’s see how AMD is looking today! First, in the 1h chart, it is doing a good bullish reaction. It seems we have a Rounded-Bottom after a massive sell-off, and this indicates that the bears are starting to get exhausted, and it is trading at discounted levels. To me, AMD could hit the $ 124 again, however, I’ll set a target at $ 118.60 (the gap area, as evidenced by the yellow square), if it breaks the $ 110.57, and trades above it for a while, consolidating a reversal. Trading above the $ 110 would be interesting because the market may see the last bullish leg just as a retest of the 21 ema to drop more again, aka Dead Cat Bounce. What’s more, by breaking the $ 110 it has decent chances of breaking the 21 ema as well. In the daily chart, we see that AMD is dancing around the 61.8% Fibonacci’s Retracement, and if it closes above it in the next few days, I’ll see it as a sign of strength. The 61.8% retracement is at $ 110 as well, reinforcing our thesis that this is the most important price level to break. We can see the Gap in the daily chart too, and this is why I think it is a relevant target to work with. I’ll keep you guys updated on AMD, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
3
SQ: Trend Analysis and Key Points to watch!Hello traders and investors! Let’s see how SQ is doing today! Despite the drop in the past two days, SQ just reversed its bear trend and now it is in a bull trend. We see higher highs/lows, it is trading above the 21 ema, and the volume is increasing, just after it hit the support at $ 87 (keep this price in mind). It is the first time we see SQ doing these movements since mid-2021. It broke the previous resistance at $ 130, and this price level is supposed to work as a support for us next. In addition to the $ 130, we have the ascending 21 ema, which is another technical support. SQ could drop to these supports, and this wouldn’t invalidate the bullish bias seen in the daily chart. In order to reverse and become bearish again, we must see a clear reversal structure, and so far, there’s none. In my view, it is normal to see SQ struggling right now, because we just hit a key point in the weekly chart: As usual, the 21 ema is working as a resistance here, and SQ is having a hard time breaking it. However, we have some good news. Remember the $ 87? This price level is one of the most important for SQ, if not the most. It worked as a nice support level in February, because exactly 2 years ago (Feb 2020) this was the pre-Covid top. SQ lost 2 years of growth, along with the "tech enthusiasm" during the pandemic. However, I like how the market reacted at this price, and the volume tells us everything, as it had one of the highest spikes ever seen. To me, SQ looks interesting, and the bullish bias is intact, as we don’t see bearish structures. Either way, we must pay attention to the support/resistances mentioned in this analysis. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my analyses!
NYSE:SQ
by Nathan_The_Finance_Hydra
1
NVDA: Pay attention to these PRICE LEVELS!Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, NVDA is still in a clear bull trend, and there’s not a single bearish structure around. In this case, all we can do is assume it’ll keep pushing up, until it hits the next resistance level, which we’ll talk about soon. However, the most important key point on NVDA is the green line at $ 272. This point worked as a support and resistance in the past, and it won’t be easy for NVDA to lose it. However, if it does, we’ll probably see a correction in the daily chart. A correction here shouldn’t be scary at all, for many technical reasons. It is important to say that since NVDA broke the purple line, and started doing higher highs/lows, it is in a bull trend. Any correction in a bull trend is just an opportunity to buy at a cheaper price. What’s more, pullbacks are natural and expected movements, and as long as we don’t see a clear reversal pattern around, there’s no reason to panic when it drops. As far as I know, NVDA could drop all the way down to the 21 ema again (now at $ 259 and rising), and this wouldn’t ruin the bullish bias. The next resistance is at $ 307, and regardless if we see a pullback or not, this is a nice target to work with right now. Only a bearish reversal structure would change my mind, and so far, there’s none. I’ll keep you guys updated on this, so remember to follow me to not miss any of my analyses!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
9
GANN THEORY Strategize UPDATEWanted to post a couple of pictures about editing and cleaning up the strategy and make it more SIMPLE to understand the thought process of behind it. I had to Remove a couple of indicators names CM_SLINGSHOT and DREADBLITZ DRSI from the indicator am replacing these indicators w/ a 100 (p) exponential moving average to filter weather we should go long or short. Adding the Bull vs Bear Power by DGT. setting i have on this indicator is 13 check SUM, histogram, 1 smoothing, 0 recall, drop-down box to LEAST. 'This indicator and the CM_ULTIMATE_RSI MULTI TIME FRAME by Chris Moody works very harmoniously together. The following pictures will explain why. Also the alert can be set on the 70 30 lines of the RSI. this picture shows the BULL vs BEAR POWER telling us the trend so we know what direction we should DIRECT it outwards to 'Project.' based on the Direction of the trend on the Daily we alerts on the 70 30 lines of the RSI. and the 2 GANN-Fib lines ' usually its the .618 and .75 lines. (yes i rename my ALERTS as 70 30 and GANN FIB ALERT) easy tooltip to reference you already know what your looking at when you set something to crossing. i want to be sure to look at the Right thing when i get to the chart. '' focus '' type strategy. example of one of my favorite trades to take with GANN---- its a RISK off (means if it goes the other way you only loosing a small fraction of profit.) But if it goes well like the example it can give 28 risk reward ratio. The second trade that is using the MTF_RSI, support resistance MTF, and BULL vs Bear power in all in sync. this is on a 5min chart sorry for the resolution... but explaining the harmonious sympathy that these indicators make. this is y i rather use the 5min chart with the 15min chart___ look at the that Blue line on the BULL VS BEAR POWER on the 5 min. perfect exit for full profit. If you use the EXIT 'last chance' you would of only had a small gain. To sum this up, I take 2 different types of trades RISK OFF trades with GANN FIBS ___ you will see the S/R lvl to support the move. Then trades off the MTF_RSI after a pullback with conjunction of the BULL VS BEAR. My requirements are longs over 100 ema and shorts under 100 ema and the bull vs bear power has to say STRONG TREND __ADX RISING___ if it says ADX_FALLING then be warned. Thanks for taking the time to read this i really appreciate any feedback.
NASDAQ:CGCEducation
by Mnbrass549
USD CAD - Consolidated long pathway Hello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Green = 8 Hour Grey = 4hour Pink = 1 hour Please note: Data and charts have been removed - refer to the analysis above which shows further information relating to the analysis as a whole. Previous analysis's Monthly Imbalance Update: Weekly Imbalances Below are the imbalances for the weekly, where the previous low 1.19XX had provided the closing wick for the monthly candle close. The imbalance here is key to understand the rejection and retest of the zone is highly probable. 1. Price closed and matched the May 18th 2015 weekly close - meaning the wick is successfully retested. 2. Price has now hit a pivot point and created a monthly imbalance. Looking to the weekly however, price traded a cluster of candles which shows the 'battle' printing indecision - what does this signify? Imbalance trading from buyers to sellers, sellers to buyers - as a imbalance trader - a trade will be placed here before an aggressive addition later. Update of the weekly chart Price will look to the 0.382 Fibonacci but due to be trading right now within the 0.236/0.382 zone, the trend is still bullish and strong, so ideally around 1.265-80 has a high pivot point - purely based on Daily timeframes. Further explanation: 3. When forming a sell position rally, base rally, or in a market shift 'poising' for a bearish continued market structure, the crucial aspect here is to understand the trading range on the daily and weekly timeframe where the maximum to the pip top of the range identifies with the 1.466 to 1.469X. The significance of this here is purely the closing out of the fractal pattern completing the cycle. Fibonacci Extension Using this pathway build upon how the market cycle repeats, the application of the Fibonacci can be used here to plot next moves for entry areas in conjunction with the higher time frame to use the price path to reach the desired targets. Using the imbalance and Fibonacci tool also assists with trade management in terms of open interest fee's and furthermore exposure in short term trend shifts. Weekly - Fibonacci extension Daily Fibonacci The daily Fibonacci pathway shows a completion of the -0.618 target, where price is now consolidating on a smaller timeframe. A cup and handle pattern is forming on the daily pattern. Possible pathway - showing a volatile scenario USD CAD vs DXY What does this show here? Well the US Dollar has been been seeing a downward move towards a strong imbalance which aligns with the USD CAD zone on the weekly timeframe. With the Dollar showing weakness and the DXY showing relative weakness, while yes the Dollar is weak. This important monthly zone will set up a buy/long opportunity where price will reject and consistently create an inverted pattern for example - Head and Shoulders, bull flag. Rejection wick for a false break. The breakout has now occurred and price is now retracing from the weekly zone on USD CAD - however, the pullback will become bullish again with the pathway showing a clear upside of USD strength and DXY room to grow. Do you enjoy the setups? 10 years combined analysis experience in capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, Team LVPA MMXXI
Long
by LupaCapital
1
Symmetrical Triangle Play on DashThis is a simple support and resistance play on Dash with the basic adage: the trend is your friend into the end. We have a 50 day uptrend and a three week consolidation so far within this triangle. That means we have support and resistance trades that really don't require that much overthinking. I am long at the triangle support with a stop loss as shown in the main chart. Take profit will be just short of the fib retracement golden pocket at $345. Risk to Reward is a nice 14. The dotted line is the height of the triangle and it concurs with the fib retracement target at 1.618. Thirty minutes is a pretty low time frame to be looking for hidden bullish divergence but it is there in the chart below. Given we have a 50 day uptrend and that contains a 3 week consolidation pattern we are looking to simply set a stop loss at support with a bit of validation from the indicator. This is our third touch on the triangle support so it lets us get a tight stop on low time frames. The bearish scenario is rather than being a consolidation pattern this is an ABC correction and we would have downside targets around 160 or 120 ash shown below. The rational for that trade would be that the blue line had flipped from support to resistance. Should the price break down from the triangle I would be watching it to retest the previous triangle support as resistance before taking a short. In other words, according to my system I would not be short just yet. And I want to give a fair hearing to the bearish scenario. Based in daily indicators alone this chart looks really bad. But as I said in the beginning, this is a play on continuation to the upside and the triangle support is currently being validated, so I am taking my long in the face of this brutal daily chart. If you are familiar with my system then the chart below makes a lot of sense. I use the VSTOP and MTF VSTOP to determine trend and dynamically chart support and resistance. This play is using continuation to assume the VSTOP will act as dynamic support in this instance hold. If I am wrong I will be stopped out in short order. The linked ideas show some relatively low time frame formations that made target in short order. The BTC head and shoulders did suppose that the formation could over-perform due to how tenuous the bitcoin situation was but when price broke down it went right to the 1.618 fib retracement level before pamping. Likewise on the dashbtc target. I was hoping for more continuation but price went right to the 1.618 level then dumped. This time I am going to be agnostic when it comes to hoping for some over-performance. I will be taking all of my profits, thank you.
Long
by This_Guhy
Bitcoin Bollinger bands, NVT show signs of weakening priceIntroduction Bitcoin is in a very confusing time right now. There are lots of bullish sentiment happening with bitcoin but technically it is looking like the bullishness is beginning to fade and the price action is beginning to look bearish. Whether this is the first sell off or bear trap and price resumes higher in a macro trend remains to be seen. This idea will be focusing on the monthly and weekly bollinger bands and the NVT, with a couple of extra indicators. Bollinger Band Analysis Bollinger bands can be great tools at various stages of the market cycle, especially when combined with other indicators to verify support and resistance. They can also cut you deep when the bollinger bands fail as you think they may act as support and resistance. Once interesting way I have tinkered with the bollinger bands over time is to compare what is going on with the weekly and monthly when it comes to the upper and lower limits. During large upside impulses you will see the weekly upper limit completely above the monthly upper limit. Not shown here, but during these impulses ups you can even see the daily bollinger band complete outside the monthly BB at times. When that happens the times are heady but the hangover will be severe. One sign the party is over is the weekly Bollinger band has completely moved back within the monthly bollinger band. The chart below will show that happened this week. The last two times the weekly bollinger band moved into the monthly bb bitcoin was in a uptrend that ended up being a bull trap and the next move was over 50% to the lower limit of the monthly bollinger band before a serious bounce. Right now that would but us at about $24k. NVT and Hash Ribbon Analysis One thing probably not on most people's radar is the NVT, in particular because most people don't use this color coded version by aamonkey. I have been looking at this on the daily and weekly timeframes to help clear up some signals and right now the NVT is acting exactly like it did last bear market's descending triangle. After a massive sell off the NVT goes green and then price rallies and the top occurs around when the NVT goes red on the daily. This doesn't work for people looking to snipe trades but does let us know broadly what is going on. The weekly NVT trend is likewise similar and something I pointed out when Bitcoin was topping. When the NVT goes above the red limit it signals the end of a bull market and severe retracements. It is only when the NVT finally passes into the green bands that price begins its recovery and never returns to those price levels. The main weakness of this analysis is we have limited history. Many bitcoin investors look to the hash ribbon and its signals to buy and sell. Generally that is a winning strategy. With all of the analysis I have done my gut is telling me that the most recent buy signal is very similar to the buy signal right before the C19 dump. BTC is in the process of basing out when the hash ribbon signals a buy and then very short uptrend occurs then a very rapid dump. That would be a very nice trend to trade due to how quickly traders could get in the money buying the dip. It is painful for holders because the capitation signal came to late to be useful. My personal hierarchy of indicators puts the NVT over the hash ribbons, especially when comparing the weekly chart and the NVT goes above the red limit and then drops into the yellow zone. I see a very high probability that the NVT has to go to green on the weekly. If you view bitcoin for what it was designed to be, which is a trustless payment network with its own native currency , then when the network is overvalued (weekly NVT in the red) you sell the currency into strength and when the network is undervalued (NVT in the green) you look to buy the network's currency during dips. Bearish Scenarios The available history on bitcoin shows that it appears to "like" descending triangles as its topping formation. There is a lot of bearish divergence to work out as well. Since 2014 BTC has formed these descending triangle the Stochastic drops from overbought and falls to oversold and price seems to settle on the monthly Keltner channel before recovery, at least with candle bodies. A repeat seems very feasible. A double top is also possible but that hasn't been bitcoins history. A bullish scenario This has become my minority position but it is what I believe those still bullish will see if price retraces as I see it happening. Both a W and a descending triangle can have a roughly equal low and I think many traders caught in a descending triangle don't see it because the are looking for a W. Likewise, people, such as myself right now, may not see a potential W forming because they think they will be getting the triangle. People looking for a repeat of 2013 will be looking for the W. The most emotionally painful scenario we could see is a symmetrical triangle. This would bet both bulls and bears keyed up and I think would result in the most people losing the most money. Closing thoughts For a while lots of people in crypto have looked to BTC to be the bellweather of the whole market and I am beginning to think that relationship is weakening more and more. I have thrashed out a system to help me determine trends and identify potential key reversals. According to that system BTCUSD has this month to go above and hold above $50,037 to clear both the monthly and MTF VSTOP x3 VSTOP. As the MVF and VSTOP very recently flipped bearish my operating assumption is the bear market just begun. Other cryptos have not shown this weakness. I am no longer comfortable thinking that weakness in BTC will drag down the broader market, and I am not comfortable thinking that a rising altcoin tide will raise bitcoin's boat. More and more I don't think we can say bitcoin is bullish, buy the market, or bitcoin is bearish, sell the market. As I mentioned in the NVT analysis section, Bitcoin is a currency on a trustless payment network. Digital gold is branding and marketing and I think those that are buying it as digital gold, no matter how smart or wealthy they are, or how many laser eyes are posted, are buying it for the wrong reason. If you view it as currency on a trustless system then you buy the currency when the network is undervalued based on your timeframe and sell it when the network is overvalued, again based on your timeframe.
BITSTAMP:BTCUSDShort
by This_Guhy
19
How to trade ranges? 🤓Even with a lot of people (including me) not that happy with NIO because it was too overbought, technical analysis never fails! NIO did break the 42.34, the consolidation we talked about in my last analysis, and it hit the technical target. When you see a breakout, especially if the stock opens below the resistance, and closes above it, you just replicate the size of the range. In this case, the range was of $ 1.45, so you sum it to the 42.34, and set a target at 43.79. But since the 4h chart still looks weird, personally, I rather wait for a pullback, or at least a good and easy trade. Right now, NIO seems too complex, and I see better stuff around. If it hits the 20ma again, I’ll be much happier 😊. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
11
Maybe, our next trade is near!Ok traders, nothing changed too much since our last analysis, but we do have something new. In the 30min we have an advanced breakdown on Nasdaq100, but the price didn't confirm anything yet. The points are the same: the 13614 and 13734. We must see the index breaking one of these two points. Now, if it confirms the advanced breakdown, by breaking the 13614, the index could fill the gap around 13400. The bands are quite tight, so, it could easily explode and do a very fast movement. I would see this as a buy chance, and I would buy back the stocks we already booked our profits (they are all tech stocks, related to Nasdaq). The 4h chart we see that the index just hit our target, and it lost momentum. Maybe we'll have a short opportunity to the 13400, and buy it back there, but we'll see! I'll keep you guys updated! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TVC:NDQ
by UnknownUnicorn21312077
2
Two Multiple Timeframe Analysis HeirarchiesThese are two examples I would recommend for traders to follow when analyzing charts through Multiple Timeframe Analysis. These from the top down or bottom up help separate price action patterns into fractals that give a meaningful difference for making trading decisions. The mistake is using TOO MANY timeframes that do not provide a truly different glance at price action. Keep your timeframes separate to get the real story and remember... the Higher Timeframe is the Rule! See video idea for more in depth...
BITFINEX:BTCUSDEducation
by norok
Another decliner set to drop 5% from recent signal close priceMYRG signaled a SELL upon closing the first bar on the 3 hour chart on February 25, 2021. SELL was signaled on five of our algorithms which has never occurred before. In fact the SAG and MTF have never signaled SELL at the same time for this equity on the 3 hour chart either. I have drawn the potential movement lines. As I mention, the signal can be premature and the stock might still rise before it finally falls. I have mapped out all of the potential movement paths with final target bottoms. The average delay is 3-5 bars, but the very next bar after the signal saw the stock climb to the reversal zone and the stock may not actually move above 61.00 until it drops below 57.00 or even 56.00. The full free analysis is on my site in the signature block below.
NASDAQ:MYRGShort
by StockSignaler