EPL ABOVE ALL MAJOR SMAsEPL’s share is trading above all major SMA’S EXCEPT 200 days SMA .
FURTHER it is hovering near the resistance level. It has taken the resistance at two important patterns i.e. the channel pattern and between two horizontal lines.
However the major volatility with the lower volumes in the last two trading days may stop the price from rising.
A positive opening with the higher volumes on the next trading session can be a good indication for price rise.
The stock is already trading above 5, 10,15,20,50,100 days SMA AND just short by 5.079 points from its 200 days SMA.
Disclaimer: - The view expressed here does not in any sense pursue anyone to trade in the above stock.
This is only for knowledge purpose. Person taking position in above stock will be personally responsible for the potential loss and will personally enjoy all the potential rewards.
Sma
DESCENDING WEDGENice descending wedge forming on 1D chart of BA. The confirmation might be over the low smas (9,20) and obviously a break out over the wedge resistance line. I am bullish for the next week and see big potential for this sector. Nice support on the 100sma. Just an amazing play it would be 😋😍
What will you do now, Bitcoin?*Even if* the bitcoin price keeps correcting downwards, as it has been recently, it could still easily bounce off the 200 SMA at around $39.4k and still retain a bullish structure - and go upwards from there, perhaps later in the year.
If however, Bitcoin's price fell through the 200 SMA, things could start to look a lot more bearish.
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The most recent price of BTC at the time of writing is: $46903.85.
The 200 Simple Moving Average (SMA) is at: $39368.76.
The percentage distance from the latest BTC price and the 200 SMA is: 19.0%.
A coin with a price greater than its 200 SMA is more costly on average, and so this might be a good time to sell. However, this might be a part of a bullish trend where the price will continue even higher.
Average Candle Height (ACH) for BTC: 5.53%.
Average Candle Height is calculated as the average height of all candles (high - low) as a percentage of the high price. Bitcoin typically has about 5% ACH, while large market cap coins like Litecoin have around 8% ACH. Exceptionally volatile coins like 1INCH can have 15% ACH or more.
The number of 1d candles measured in this calculation were: 500.
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SHILPAMED (NIFTY_500) CLOSING ABOVE ALL THE MAJOR SMA
SHILPAMED (NIFTY_500 ) Closing Price of 14/05/2021 has crossed all the major simple moving averages including 5, 10,15,20,50,100 Days.
The closing price is hovering near to its 200 days daily moving average which also act as major resistant for the stock.
There are very good chances that it would cross the 200 days SMA and can show a good rally.
Disclaimer: - The view expressed here does not in any sense pursue anyone to trade in the above stock. This is only for knowledge purpose. Person taking position in above stock will be personally responsible for the potential loss and will personally enjoy all the potential rewards.
BTT/USDT SHORT, Broke the support, weak RD-BINANCE:BTTUSDT has good potential to rise in long term according to fundamental statics , but technicals represent the continuous but short downward trend because it has broken the 0.38 Fib down and the next supports are SMA 500 and 0.23 Fibonacci.
You can see lower price tops but equal RSI tops. I consider this kind of a weak RD- , that approves the continuous downward trend.
Macd has broken the signal line down and RSI is weak. I'm waiting a little in order to let BTT get oversold in RSI then enter.
Note: It's not a financial signal, just my idea
Note: Bitcoin's recent bumps can affect altcoins so I suggest you check BINANCE:BTCUSDT charts, too.
DAX30 Potential Long This is one of the strategies I trade via OTTrades. My software has entered long at the price shown on the chart. If it moves against us and stops us out then so be it, there might be another couple of opportunities where the software will re-enter at a lower price, unless otherwise invalidated (I'll update this thread accordingly).
Ultimately, I'm expecting to take profits at the 50 SMA (shift 2)
FORTH - Is it worth investing in FORTH ?About FORTH (Ampleforth Governance Token Coin)
FORTH is the native governance token that powers Ampleforth, a protocol that automatically adjusts the supply of its native token, AMPL, in response to demand. FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who vote on their behalf. It has a circulating supply of 8.3 Million FORTH coins (at the time of writing) and a max supply of 15 Million.
FORTH has been launched on April 21 2021 on Coinbase Pro and Binance and has also been airdropped to a lot of Ampleforth holders.
Current Market Cap is $315,258,838
When we calculate the price Market Cap of $315,258,838 divided by the current supply 8,294,858 then we end up around $38 (at the time of writing)
The Market Cap of FORTH will very easily go above 1 million. If we make then our calculation, FORTH will be worth more than $100
When we look at the chart FORTH-USDT we can see that FORTH has reached the support level around $37. If we drop below this support level we will probably see $32 again.
Wait for the reversal to get in. With this I mean, look at the 15minute and 1hour chart when 20ema crosses above the 50sma or when we break out of the descending triangle.
My targets for the long run:
° 42.317 (.382 fib)
° 45.520 (.5 fib)
° 48.722 (.618)
° 53.282 (.786)
° 55.996 (.886)
° 59.090 (1)
° 66.472 (1.272)
° 75.862 (1.618)
° 92.743 (2.24)
° 103.002 (2.618)
Don't forget to get profit or set alerts when we hit the next fib levels.
You can always buy it back when it tracing back. It will not go in one straight line up.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
What is up with Bitcoin ? key Points explained :)Hey guys
These are some key levels that we should pay more attention to, especially 41K-43K because there is a massive volume profile.
>>><<>Key points<><<<<<
1- This is the first time that the price closed a daily candle under the EMA (55) since the 10.5K break out.
2-This is the first time that we are observing a death cross between EMA(26) and EMA (13) Since 10.5K break out.
3-If we see a daily close under 50K then it confirmed a Lower Low for the first time in this bull run.
> >Trend is your friend < <
4- there is a CME gap ( check the Ticker BTC1 ) around 57K-59K. Watch out !!!!!
AAPL ShortLooks to me like a good time to think about either going short on Apple or if using options then selling a short dated Call or buying a Put.
I see 4 reasons on the AAPL chart (see below) that point to a small dip, my guess is a pull back at least to the 50 or 100 SMA or the next lower Fib zone (so somewhere between $123 - $126 region) would be highly likely.
1. Rejection at a Fib Extension level when using the March 2020 low and September 2020 high as the anchor points
2. Last daily candle was very negative engulf of the prior day
3. 50 SMA has moved below the 100 SMA for the 1st time in more than a year
4. Stochastics (short term) has recently thrown out negative divergence
Adding to the AAPL chart evidence there are signs that the DOW is looking a little top heavy as well, the DJ has not been able to break the high from 4 days ago and finished yesterday with a reverse hammer candle (negative), the ATR is at it's lowest level since before the Corona crash last March and the short stochastics are showing strong negative divergence. I can't imagine a big fall but perhaps a small pull back is certainly due!
This is just my own opinion, please do your own research before parting with your cash.
Charter Communications will eventually be a good buy opportunityCharter Communications is a pillar of the telecommunications industry and is seeing prices decline right now (April 6, 2021) but will eventually be a great buy opportunity.
Weaknesses
Endless debate between the "oh my god cord-cutters!" vs. the "cord-cutters need broadband internet!" crowds on social media
Doesn't pay a dividend so they fail my "ok boomer" test
Looming threat of 5G revolutionizing connectivity
$174M "scandal" in 2018 post Time Warner Cable acquisition to settle fraud claims
Insider selling in the last two quarters (EVP David Ellen unloading 35,000+ shares) but no insider buying**
Strengths
Revenue increasing yearly from 2018 to 2020*
67% of shares owned by institutional investors (including Vanguard, BlackRock, and State Street) and 29% of shares owned by insiders**
Makes up about 4.7% of the XLC***
TipRanks
15 Analysts covering Charter Communications in the last 6 months
Median price target is $725, about 20% higher than the close on April 6, 2021
Chart
Price fell beneath the 200-Day SMA on April 5, 2021
RSI is dropping and was <40 on April 5, 2021
MACD is increasing in the negative direction
Summary
Charter Communication's price drop is only making them more appealing to small-timers like me, and I will be watching this decline with great interest. The median price target of $725 from TipRanks means more and more upside as the price drops, since I do not believe that broadband internet via cable will be immediately and instantly supplanted by 5G technology. Charter Communication's latest close was below their 200-Day SMA of $612.47, which has almost certainly put them on institutional watchlists worldwide. Passive index fund giants Vanguard, BlackRock, and State Street already own 25+ million shares and though they collectively sold about 1M shares in Q4 2020**, this price decrease may signal significant buys as part of their rebalancing effort.
*Sourced from 2020 10-K filing for Charter Communications
**Sourced from WhaleWisdom
***Sourced from etf com summary of XLC
BTC/USD Nearly All Key Historic Support/Resistance LevelsI have made the chart available to use/edit (Link in the comments, if it gets approved)
You can use the object tree tab (bottom right) to hide or show certain resistance groups to make it less cluttered.
Don't take the prediction too seriously, was just a conservative estimate for fun.
Key:
Multicoloured horizontal - Fibonacci extention from previous bear market bottom to bull market top
Orange horizontal - Previous Highs
Red diagonals - Previous 2 bull run peaks (probably new floor, I would be bearish if broke below)
White diagonals - Pivot point (Key highs and lows charted across a key pivot point)
Purple diagonals - Uptrend bottoms (Deeper correction more likely if breaks below)
Cyan/Blue EMA - 15/55 EMAs (If the 15 falls below the 55 on D/W candles possible indication of correction and/or bearmarket)
Yellow/Orange MA - Golden Cross (50/200 MA on D/W candles, yellow falling below orange is bad news, moving above good news)
Red MA - (21 MA on W candles, historically BTC has used this as support during bullruns, ie good buy points, fall below is bad news)
BITFINEX:BTCUSD
SJW is a long swing trade opportunity AND a buy-and-holdSJW Group offers at least 10% upside in the $62 range as of Friday March 26, 2021 and, thanks to steady dividend growth, would make a fine addition to your "buy and hold" portfolio.
Weaknesses
The commercial property SJW Land Company (subsidiary) owns in Tennessee are probably reeling due to COVID (no Annual Report available for 2020 yet)
Same for Chester Realty (subsidiary) in Connecticut as vacancies and business trends change
Overbilling "scandal" in 2017 for some San Jose-area residents
They run a "boring" business primarily as a water utility conglomerate in California, Texas, Connecticut, and Maine so new media-based surges in price are unlikely
Strengths
Passes my "OK Boomer" test with a dividend that has been increasing consistently for 16 years (ignore incorrect Q42017 data on Nasdaq's website, an extra dividend was paid after a subsidiary was sold)
Water utility subsidiaries are distributed on both coasts which limits natural disaster impacts
Price negatively impacted like many other companies during mid-February sell-off
All real estate details sourced from 2019 annual report.
TipRank
Only 3 Analysts covering SJW Group
Median price target $73.50
Chart
Price fell beneath the 200-Day SMA on February 25, 2021 as part of a larger sell-off trend
5-Day EMA crossed the 20-Day SMA up on March 24, 2021 and the closing price continues to ramp up
RSI increased from 30 to 50 during last week's rally
Summary
Even using a conservative price target of $69 (below the median $73.50 TipRanks price target), SJW Group has about 10% upside based on the current price $62 range. As a "boomer" stock marching towards Dividend Aristocrat status in a "boring" industry, SJW could easily slide from your swing portfolio to your buy-and-hold portfolio.
PERLUSDT/1D (UPDATE OF LAST CHART)Price is still above of SMA 9 DAYS and seems that it going to make a pull back to its trend line.
So, any Bullish candle plus strong one above trend line are a good news for entry.
GE - Short-term & Long-termHello traders !
First of all, this is not a professional analysis nor an advice of any kind. I’m only sharing my thoughts.
General Electric is at strategic resistance/support level, which goes back to Jun 2010, at 13.27.
For the short-term, GE is showing bearish signs as the weekly candle opened and closed below the strategic resistance (Yellow line) + the daily MACD has already crossed below its signal.
The way I see it, there are two possible scenarios:
1. It tests the SMA200, at around $12.25, before it bounces back at around $16.
2. If SMA200 failed to act as a support level, then the next support level would be the green trendline at around $11.
Inconclusion, General Electric is bearish for the next couple of weeks and Bullish for the long-term.
(If you find this beneficial, don’t forget to LIKE).
Happy trading!
Is CCIV Ready to explode? Welcome back traders, it has been a while. We will dive deep into CCIV across multiple timeframes, and hopefully make sense of this. Please read the disclosure below. So many YouTube influencers (ZipTrader has been one of my favorites lately) have already explained why this sold off so viscously, so that won't be covered here (you should definitely check it out if you do not understand this already.)
Our cover chart today displays weekly candles, and it tells us plenty. From 2/16/21-present, we have watched the RSI drop from 99.5 to 52.18. In other words, the SPAC media-hype bubble finally popped. This is very common with SPAC plays. The February highs were unsustainable, and the profits were taken. I cannot iterate enough that this is so normal with SPAC plays, the gut-wrenching selloffs certainly are not for everyone (okay, my panic sell rant is over.) Our Fib Retracement from high to low gives us a .236 level of $22.95, and weekly candles above this level will likely indicate a reversal of this downtrend.
The Daily chart gives us so much more guidance. We are seeing support from the 65D Simple Moving Average (SMA), and stagnation between the 65SMA and 50 SMA. Although it is too early to tell currently, this very well could be the accumulation period prior to the break out. Also, the T3-CCI indicator has transitioned from decreasing to increasing, which is a bullish sign. With an RSI of 39.97, this is arguably oversold (many analysts want an RSI under 30, but given the volatility, it will almost definitely not be a perfect TA fit.) Lastly with this chart, the 9 SMA is decreasing less since March 5, which could be indicative of a reversal as well.
CCIV really starts to shape up on the 12h chart above. The Bollinger Band Squeeze is beginning, which can indicate a big price move either way. The Visible Range shows us three high volume nodes, which I will be monitoring heavily as potential price targets. The 9 SMA is at $23.77, which we need to watch closely as a support/resistance level over the next couple days. Additionally, we are seeing early convergence on the MACD, which is a bullish sign.
Lastly, we have the 4h chart, and we saved the best for last! We see the early start of an inverse H+S pattern with a base at $32.57, displayed above. Although we are very very early in this pattern, this would indicate a MASSIVE MOVE that could easily 2x from current prices, according to this pattern (this is not trading advice.) On the 4h chart, we can see more precision, within our BB squeeze, with volume, and possible accumulation, compared to our higher timeframe charts.
Conclusions
As we wrap it up, I would like to thank everyone for reading, I welcome your feedback. It is important to understand this is a bullish prerogative, and the ideas presented above are very early in their formation, which leads to increased risk now, as opposed to waiting for confirmation/validation. If I am wrong and these levels break, we could see lows around $17-$18. I think many analysts will agree that prices below these levels would be odd unless we see further market crashes or significant production setbacks. I hope this is helpful, please read the disclosure below and good luck traders!
Disclaimer
This is neither trading advice, nor financial advice! These are merely my opinions that I have posted for educational purposes ONLY. Trading comes with great risk, which should be managed carefully. You should never trade anything more than you are willing to lose. I hope you all kill it, but I am not responsible for any loss or damages.
OZSC ZonesI keep checking my charts over and over to see if fi missed something about OZSC. What i learned since i bough in (around 0.006) is that OZSC has tendency to make red wicks going Upwards, strange a bit but every time they closed red for a multiple days it just created a new triangle to break from over and over.
I believe now that with SMA 13 that crossed SMA 50 for the first time in History of OZSC , this becomes a crucial support for the bigger up trend to follow.
OTCQB uplisting would be the catalyst for a bigger movement, followed by bigger news.
My realistic target is $2, my Optimistic target is $5
Do your own DD and stick to your plan.
Swing SHORT Got resistance from ascending channel, Bearish divergence both on 4hr and 1d chart. 9ema, 20sma intersected on 1hr chart.
I assume that price will go down to the lowest ascending channel.
Btw, this is complete technical analysis, i have not put either fundamental or sentimental analysis into consideration.
BTCUSD 7,14,21,28... EMA BandsDifferent EMA Bands that could possibly show some bull-support and I added an SMA365 and multiplicated with 5 what seems to show a possible market cycle top.
Copy the code and check past cycles 2013 and 2017, tell me what you think.
study(title="Daily EMA Daily", shorttitle="Daily EMA Lines", overlay=true)
sma20Dx2 = security(tickerid, 'D', sma(close, 365)*5)
ma7d = security(tickerid, 'D', ema(close, 7))
ma14d = security(tickerid, 'D', ema(close, 14))
ma21d = security(tickerid, 'D', ema(close, 21))
ma28d = security(tickerid, 'D', ema(close, 28))
ma35d = security(tickerid, 'D', ema(close, 35))
ma42d = security(tickerid, 'D', ema(close, 42))
ma49d = security(tickerid, 'D', ema(close, 49))
ma56d = security(tickerid, 'D', ema(close, 56))
ma63d = security(tickerid, 'D', ema(close, 63))
ma200d = security(tickerid, 'W', sma(close, 200))
plot( sma20Dx2, color=#FF00FF, style=line, title="SMA365x5", linewidth=2)
plot( ma7d, color=#FF0000, style=line, title="dailyMMA7", linewidth=2)
plot( ma14d, color=#FF8800, style=line, title="dailyMMA14", linewidth=1)
plot( ma21d, color=#FFFF00, style=line, title="dailyMMA21", linewidth=3)
plot( ma28d, color=#88FF00, style=line, title="dailyMMA28", linewidth=1)
plot( ma35d, color=#00FF00, style=line, title="dailyMMA35", linewidth=1)
plot( ma42d, color=#00FF88, style=line, title="dailyMMA42", linewidth=1)
plot( ma49d, color=#00FFFF, style=line, title="dailyMMA49", linewidth=1)
plot( ma56d, color=#0088FF, style=line, title="dailyMMA56", linewidth=1)
plot( ma63d, color=#0000FF, style=line, title="dailyMMA63", linewidth=1)
plot( ma200d, color=#FF00FF, style=line, title="dailyMMA200", linewidth=3)