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Squeezemomentum

Potential Short Squeeze setup because everyone is bearishThere are a lot of small shorts opening to front run a potential next lower high but our support in this consolidation is parabolic and the 1h bearish divergence is being supported by the bulls to prevent the divergence confirmation of crossing below 60 on RSI 14. We also had that spring with massive volume , and this trend is old; not to mention basically everyone is looking for lower highs to short. All the ingredients are there. I give it a 55% chance we squeeze up to 40-42k or 50-52k. If we break our parabolic support, we can then use wykoff analysis to determine if we are in a reversal to back-test 33k support or if a bullish higher low will form.
INDEX:BTCUSDLong
by lysergik
Solana 2022 We are testing a range that has seen some buying. Using the last true support in late-August 21', and extending the Fibonacci retracement settings to test the next 61.8% Fibonacci level, we get a similar expected move at $330 approximately. I expect SOL to consolidate around the lower part of the range, and start its uptrend in March. The time horizon for March is taken from the Squeeze Momentum Indicator: The chart above is for BTC, however, because all crypto assets have a high correlation to BTC, we can expect them to move in tandem.
FTX:SOLUSD
by dorfmanmaster
Squeeze Momentum Indicator The momentum indicator shows the speed of motion of the symbol as it goes bull (positive) or bear (negative). When the candle closes dark green on the momentum indicator on the weekly, the momentum turns bearish, and the price action doesn't turn around until it's dark red, which is when the bottom is in and it's good to start looking to accumulate for long term holds. Very accurate at spotting when it's really a crash and not a dip . Will be looking at this at the end of this week. This momentum indicator was made by @LazyBear .
COINBASE:BTCUSDShort
by dorfmanmaster
$PROG to break out of algo cycle Monday? $8+ PTProgenity has been in the same cyclic pattern since late September and has followed a trend carefully. The last high of $6.20 formed a rising wedge which is looking close to a breakout. The MACD and RSI indicate a reversal, as well as the 20/50/100/200 EMA (not shown on the chart). The trend has not fallen below the 200 day EMA + the Fibonacci Time Zone indicates a possible reversal coming. If the trend breaks out of the wedge the $4.80 and $5.10 levels will be a tough retest, and it may not hold - but if it is able to break past a new 6 month high looks promising. My theory is that if this coil explodes past the $8-10 level (counting on catalysts + buying pressure) that the algo cycle will end as shorts cover their positions.
PLong
by b33mba
4
How to use SqueezeMomentum, WT Oscillator IndicatorsIn the 1-hr we have Squeeze Momentum green fading and the green bars have turned gray. This suggests price may have topped and is a warning to close longs. When the bars fall to centerline, dots change color from dark to light blue, is a signal to enter short side. You can aggressively enter shorts earlier based on chart formations, other signals such as RSI overbought, or gestalt hunch, but risk is higher, as another rising price can still occur in this area. No signal yet on WaveTrend Oscillator, short signal is generated when it gives a red button. RSI way overbought, but can still pop higher and get more so. IMO this is a less predictive indicator, as it can stay overbought in melt-up like this. Volume price indicator shows Point of Control at yellow line. Price often returns to POC on pullbacks, making it a target for shorts. Not advice, just ideas for some indicators that are very useful IMO. GLTA!
CME_MINI:ES1!Education
by DaddySawbucks
2
LINK longEnglish: $LINK remains above the EMA (55, Close) but without clearly exceeding the bearish trend line. The Momentum has upward directionality but with an ADX below level 23, beyond that level the ADX would be confirming an upward trend that could take the price to the previous maximum, obtaining a 68% increase approximately. I would say that this is an ideal scenario because we can see that it is in the low zone of a bullish channel. $LINK se mantiene por encima de la EMA (55, cierre) pero sin superar claramente la línea de tendencia bajista. El Momentum tiene direccionalidad alcista pero con un ADX por debajo del nivel 23, al superar ese nivel el ADX estaría confirmando una tendencia alcista que podría llevar el precio al máximo anterior, obteniendo un aumento del 68% aproximadamente. Yo diría que este es un escenario ideal porque podemos ver que está en la zona baja de un canal alcista.
Long
by OskarGallard
1
$PLTR breakout already happening$40~63 PT (3 to 18~24 months) $PLTR - solid business fundamentals, YES stock price is expensive but lots of solid business deals in the pipeline (with the government - very sticky), $40 SP is fair value relative to what the other crap is happening such as $NKLA (really crap).... and like crap stocks but with good stock technicals such as GME, AMC.... PLTR is a real deal. But of course nothing I stated here was very special - it was all obvious already for a while soured by the fear of interest rates going up. Interest rates going up actually helps PLTR too bc their competitors' borrowing cost goes up and they can eat them up with a bigger warchest. Anyways, love to hear your thoughts and ideas. Peace and thank you for reading.
NYSE:PLTRLong
by thelords
BTC WYCKOFF EVENTS ANALYTIC - 2021/06/23Introduction Meant for clients/community/personal use. 4hr and especially larger time frames (6hr, 8hr, 12hr, 1day) are effectively adherent to analysis. Summary Personal analysis drove me to comfortably gauge current action placement in PHASE C. The length of horizontal lines are placed in relatively similar fashion to historic WYCKOFF analytics and aligned with possible dates of importance; they are neither definite and ever changing for validation and trade proficiency. Phase lines will move according to price action events that occur. Conclusions of events that have occurred by phases: Phase A Selling Climax (SC) Automatic Rally (AR) Secondary Test (ST) - Often happen repetitively before shifting into Phase B Phase B Secondary Test (ST) Broke Support Phase C Spring Note from studies: 'Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.' - Richard D Wyckoff Conclusions: Spring was effective upon engulfing 4hr up time frames. My personal belief of patterns indicate Schematic 1 is conclusive.
BLong
by BeEasyCapital
Finally doing something interesting! 🥳Ok, PLTR broke the red line now, no excuses this time, and we have an advanced breakdown on the RSI. This increases the odds of a correction, and this would be great for PLTR. We have another divergence on the 4h chart RSI as well, but the 20ma is getting closer, and it is at 23.64 rn. This kind of ruins my idea of buying PLTR at 22, but that’s ok. I’m interested at a good risk-reward ratio, not necessarily in buying at the best price possible. We must have different strategies regarding trading and investing, remember this! 😉 I find amazing that the BB are very tight in the 30min, and if we see this in the 4h chart, I’ll be very happy! It feels like PLTR will explode soon! I’ll keep you guys updated every day about it! 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:PLTR
by UnknownUnicorn21312077
8
$BB Update, Predictions based on Fibonacci LevelsAs I posted the other day, I expected BB to make a move to its next fibonacci zone near 22.00. Resistance was met at the 61% retracement level and it got shot back down to its 38% retracement level after failing to hold the 50% retracement level (15.60's). Bouncing off the 38% level near $13 could give us 2 paths as I show on the chart. Need to break through that 50% Retracement zone for continued momentum and strength upwards. Trade around the Fibonacci zones, and see what works for you. Once you find a price on either a 4 hour or daily chart that you find appealing, once the price is around that level, switch to an intraday to execute the trade based on the best price and entry for that day. GLTA.
NYSE:BBLong
by chartxzy
1