APOLLO TYRE SWING IDEA 2 HOUR TFHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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APOLLO TYRE
2 hour : It has gave breakdown of Ascending Channel, now it is in bearish retracement and confirmed resistance.
*Wait for the opportunity at resistance and we could see an upside movement.
THANK YOU !!!!
Shortterm
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.
Daily review of ETH interval 1HHello everyone, let's look at the ETH to USDT chart on a 1-hour time frame. As you can see, the price is moving in the marked channel.
Let's start with the support line and as you can see the first support in the near future is $1209, if the support is broken then the next support is $1202 and $1193.
Now let's go to the resistance line, as you can see the first resistance is $1216, if you manage to break it, the next resistance will be $1220, $1223 and $1227.
Looking at the CHOP indicator, we see that in the 1-hour interval, the energy slowly starts to rise, the MACD indicates a local downtrend, while the RSI is close to the low, we can see a small correction and price rebound.
EURUSD I Next area to go long and shortWelcome back! Let me know your thoughts in the comments!
**EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPUSD BEARISHFor short term, Uptrend is likely to break because:
* volume is low / making LL indicating the absence of big players (institutions) therefore the trend might not get strength to proceed.
* RSI is making LL, opposite to the price uptrend thus price is more likely to reverse.
* The price might find a resistance at its 50 MA (EMA), which it is so close to.
* The price is under both 50 MA & 200 MA indicating that it’s in downtrend.
* The last 15 candles seems to made contracting consolidation indicating that high chance for reversal of the little uptrend.
* Price might target to next support level at (1.1941), else the nearest resistance.
GBPUSD BEARISHFor short term, Uptrend is likely to break because:
* volume is low / making LL indicating the absence of big players (institutions) therefore the trend might not get strength to proceed.
* RSI is making LL, opposite to the price uptrend thus price is more likely to reverse.
* The price might find a resistance at its 50 MA (EMA), which it is so close to.
* The price is under both 50 MA & 200 MA indicating that it’s in downtrend.
* The last 15 candles seems to made contracting consolidation indicating that high chance for reversal of the little uptrend.
* Price might target to nearest demand zone at (1.1941), else the nearest resistance.
Consolidation and Correction of Christmas Hello Traders
Merry Christmas.
As you know, each year that we get close to holidays and the new year, Bitcoin volume and open Intrest drop; in conclusion, we will see less volatility in the price, and I believe that's why we had this much consolidation on the current price zone. The price might continue the consolidation.
On the Onchain side, it's visible that there is a significant movement in wallets; they are moving their bitcoins, some in profit and some in loss; this alone indicates that the price is more likely to see lower levels in this time period than upper levels.
I screenshotted a metric called CDD from Glassnode, which shows what I mentioned. Coin Days Destroyed (CDD) for any given transaction is calculated by taking the number of coins in a transaction and multiplying it by the number of days it has been since those coins were last spent.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
Enjoy the holidays, and Again, Merry Christmas.
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HNTUSD - Long -Adam & Eve pattern By looking at the 1h-chart of HNT-USD we can see an Adam & Eve pattern. Adam & Eve double bottom pattern is considered one of the strongest trend reversal bullish patterns. This is a short-term opportunity to get a nice profit.
The price is about to rise 5%, the price is testing the resistance. The resistance has currently changed into support, the trade can be entered right away. After this has happened the target can be targeted.
See all further details on the chart.
Good luck!
short term bullishness in semiconductors lower lowthis bounce in tech is kicking off the morning, but its not rocketing to new highs, and in this macro environment im not changing from bear bias totale. i will consider 4hr longs taking profit into pivot or upper smart money concepts profile area resistance. remember to reenter short on bear momo.
Bitcoin intraday Continuation Hello traders
As you can see in the chart above, bitcoin corrected its bullish trend a consolidated for a while in this price zone; this can make the continuation lot more effortless. On the Onchain side, I screenshotted a metric from Glassnode called Supply held by addresses with 100 to 1K bitcoins wallets. The value has risen in the previous hours, indicating that we might see a bullish momentum in the upcoming hours.
Check out my previous predictions on bitcoin below.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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Correction before continuation on Bitcoin Hello traders
As you can see in the chart, we predicted the market move in the previous post, I see there is a FOMO on the buying side, but some of the old wallets are selling their bitcoins. I Screenshotted a metric from Glassnode called supply held by address with 100 to 1k Bitcoins. This metric has decreased today, which means the price can see lower levels which I highlighted, and after that, it can continue the bullish trend to create that overall pullback.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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Intraday Price Movement & OnchainHello Traders
In the past few years, the volume of bitcoin has decreased each time Christmas and New Year are close. This can also be seen in the candles; we might see less volatility in the price.
So let's dive into today's analysis; as shown in the chart above price is consolidating after the bearish momentum.
On the On-chain side, I screenshotted two metrics from Glassnode to show you how crazy today's On-chain activities are.
Coin Days Destroyed (CDD) for any given transaction is calculated by taking the number of coins in a transaction and multiplying it by the number of days since wallets last spent those coins. So there was a spike in CDD, showing us that there's a risk in the market. On the other hand, the realized loss shows that so much bitcoin was transferred in loss, meaning the price can see a bullish movement today.
I still stick with the previous analysis I shared.
For today I see bullish consolidation or a bullish breakout, and for upcoming days I see a pullback that I mentioned in the previous post.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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BNX (13.12.22) BNX will rise with the fed rate decision tomorrow, but it is still far above the price it should be. My guess is that it will enter the area I specified, first rise a little, and then continue to fall from where it left off.
What I write here serves as a note to myself. Does not include investment advice.
BTCUSD - Overbought - Short term oppurtunityOn the BTC-USD chart (1h timeframe), the price is currently overbought.
In this analysis, all three indicators are suggesting an overbought condition. The indicators used are the Bollinger Bands, RSI and Stochastics. This could mean that the price will drop when there is a confirmation of the price going down. When this happens a short position can be taken and profits can be taken.
See all further details on the chart.
Goodluck!
BITCOIN RALLY & EXCHANGE BALANCESHello Traders
As you can see in the chart above, it has started to rally due to the recent CPI Report. The macroeconomy has a direct influence on high-risk assets, so always keep a watch on macroeconomic analysis.
On the Onchain side, Smart wallets have slowly accumulated bitcoin in this 1000$ range of bullish momentum.
I screenshotted a metric from Glassnode Called Exchange balance which shows that assets on exchanges were withdrawn during this accumulation phase, meaning that we can see higher levels for bitcoin in the coming days.
On the market side, for the first time in previous months, accounts that were long on bitcoin are more potent than the shorts, and trading volume is back online.
On the other hand, technical analysis shows a great price bullish momentum and a bullish flag. Still, the price needs a minor correction and liquidity to continue the upward trend.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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If you like the idea, please hit the boost button and follow me so you will get the updates. The information given is never financial advice. Always do your research too.
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The Entry - Sell Today, we will do a few case studies on how we can make a market entry, this technique can be applied both the long-term or the short-term trades.
Today’s content:
1. 25 Nov 21 - Entry signal to short (transiting into today’s bear)
2. 13 Oct 22 - Entry signal to go long (for this bear rebound)
3. Today – Entry signal – Sell
If you have been following, today’s is the 5th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
E-Mini Dow Jones Futures
Minimum fluctuation
1 point = $5
10 points = $50
100 points = $500
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
TRXUSD - Oversold - Small bounceOn the chart, we can see TRXUSD is currently oversold.
This oversold condition is suggesting that the price will bounce up. This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands , RSI and Stochastic .
See all further details on the chart.
Goodluck!