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Trendanlysis

BTC returns to around $ 40,000 !Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price moves in the uptrend channel marked with blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,782, if the support breaks down, the next one is $ 36,174 and $ 32,893. Now let's move from the resistance line, as you can see, the first resistance BTC is heading towards is $ 40,170, if you can break it, the next resistance will be $ 41,727 and $ 42,905. Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy that can be used in the coming days, while the MACD indicator shows a continuation of the upward trend.
by cryptodailyuk
1
NAS100 >Beautiful bullish head and shoulders!Analysis of #US100 Beautiful bullish head and shoulders pattern on the NASDAQ might break soon to the upside to provide reason to get in huge buy if the rules for entry are met ⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
ULong
by TheTradersAvenue
13
A Divergence Signal!The price candlestick body cross over the MA20 and MA50 line with volume supporting the price uptrend momentum. RSI, MACD, and OBV indicators indicate a divergence signal. Hence, with the possibility of a long trade position since it is the beginning of the price momentum. Precaution for a price correction between 10% to 20% from the recent peak before continuing with price momentum. Let's save HIAPTEK in WL and watch out for significant price momentum with volume. R 0.480 S 0.445
MYX:HIAPTEKLong
by eskopitehmilo
1
SLPUSD WAVE AND PATTERN ANALYSISWhat is a NEoWave Diametric Formation? ANSWER: I discovered this wave pattern around 1992 - two years after Mastering Elliott Wave was published. As a result, it is not mentioned in the book. A NEoWave Diametric is a 7-legged formation (Triangles are 5 legs, Flats and Zigzags are 3) that does NOT involve an x-wave. As a result, instead of a-b-c - X - a-b-c, I had to continue with the alphabet, labeling it a-b-c-d-e-f-g. The distinguishing factor of a Diametric is the similarity of each wave segment in time and complexity to the other six. In Flats and Zigzags, time and complexity differences are extreme between waves-a, b and c. In Triangles less so, in Diametrics time similarity (not time differences) is the norm. Diametrics occur in two main categories. One in which a period of expansion is evident during waves-a, b, c and d, followed by a period of contraction for waves-e, f and g. The other is the reverse; contraction occurs first during the first four wave segments, followed by expansion for the remaining three. This creates the look of a bowtie for the first series and a diamond shape for the second. In the financial markets, in the technical analysis of Elliott wave theory and its different styles, it is like the letters of the alphabet to read the price movement on the chart and it helps us a lot to diagnose and predict the future price. Many technical analysts are trying to capitalize on Elliott's wave theory in the stock market. This hypothesis states that stock price movements can be predicted; Because the ups and downs of the waves are repetitive. Elliott Wave Grading Elliott waves are calibrated with time frames. Grand Super cycle Super cycle Cycle Primary Intermediate Minor Minute Minuette Subminuete Elliott Wave Theory was developed by Ralph Nelson Elliott to describe price movements in financial markets. Waves can appear in customer behavior and stock price movements. Investors are trying to make a profit from the rising tide. The theory of Elliott waves was developed by a man named Ralph Nelson Elliott in the 1930s. Until then, the stock market was thought to behave incomprehensibly and accidentally. But Elliott believed that the market actually followed repetitive patterns because people's emotions were repetitive. For example, in the face of fear of loss, all people are salespeople. This emotional factor shapes behavior in financial markets that is the same throughout history and in all human beings. The effect of these emotions on price charts is also evident. So it can identify these patterns and use this knowledge to analyze the market. Elliott's wave theory is actually used to describe price movements in financial markets. Investors are kind of riding a wave to profit from market trends. So in the financial markets, every move, regardless of its direction (rise or fall), forms a wave of movement. Elliott began researching market analysis at age 75, when he retired from illness. He continued his research on the annual, monthly, weekly, and daily index charts and hourly charts he had created. Elliott then described the specific rules governing how to identify, predict, and invest in his own patterns, and named it Elliott Waves. The results of this extensive research in a collection called "R.N. Elliott’s Masterworks ”and was published in 1944 and gained a lot of fans. Elliott Wave International is one of the largest companies in the field of financial market analysis in the world, which is analyzed in the style of Elliott Waves. Fibonacci One of the good friends is a bargain and shows us good and useful support and resistance, especially if the combination of all types of Fibonacci expansion and retracement and the formation of a Fibonacci and PRZ range show us useful and interesting return ranges. Where there is potential for price diversion Trend lines can be a great help to a trader who finds areas with potential for return or indeed resistance and support on the chart. By drawing the rand lines correctly, you will see that the price responds to these areas with surprise. In general priceaction what dynamic trend lines are statically useful Price Action is one of the attractive trading methods in financial markets such as foreign exchange market, digital currencies, international stock exchange, Iran stock exchange and so on. In this method, the main focus is on the asset price range and its changes, and there is no mention of the various tools we see in technical analysis. By observing the trend of price changes, one can get a relative understanding of the behavior of other traders and market players and consequently the possible trend of price movements in the future. Price action, like all trading methods, requires training and learning the basics. The purpose of these preparations is to identify the main market trends, price patterns, identify the strength of the trend, identify price candles and .... Join us to learn more about this style of trading and the patterns and methods of trading in Price Action. At the same time, Price Action offers us various trading strategies, and all of them work only by examining the behavior of the price chart. These strategies are called "Trading Setups" and Pin Bar Setup, Fakey Setup and Inside Bar Setup are a few examples. In the following, to explain more about the price chart space, we will explain these 3 more.
Short
by Sina-TFX
10
$HD slowly coming back up?$HD slowly coming back up after a long downward momentum similarly with $LOW. i personally don't know why it keeps going to downtrend with not much negative news. i believe the stock got over value and analyst tries to lower the price target to prevent the bubble to burst. with the inflation and shortage going in the nation consumer is creating a panic buying creating a high supply and demand for retailers and might continue to happen for the past few weeks or months until the inflation subsides. here's my personal take playing $HD $HD: Day trade or scalp target play: 04/11/22 Buy call above 312.30 sell at 315.17 or above. Buy puts below 307.92 sell at 34.16 or below. option open interest: ideal expiration date: 4/22/22 , 5/06/22 or 5/20/22 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only
NYSE:HDLong
by CHRIS_B58
$TGT bullish continuation?$TGT rises after upgraded by one of the firm from 225-300 price target. this upward momentum could possibly continue as the market rotates its attention to retail due to inflation to consumer goods and other retail products. on technical perspective, $TGT starts to slows down a bit at 1hr Chart, but has a good setup at 4hr chart. with that being said, I'll wait for it to break the resistance or at least near the resistance before i entry. below is my ideal entry for day trading or scalp play. $TGT average move per day is about $4-$7 a day. AAPL: Day trade or scalp target play: 04/11/22 Buy call above 235.06 sell at 237.79 or above. Buy puts below 231.62 sell at 229.45 or below. option open interest: ideal expiration date: 4/22/22 , 4/29/22 or 06/17/22 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes onl
NYSE:TGTLong
by CHRIS_B58
GLMR based on support.Hello everyone, let's take a look at charting the GLMR to USDT in 1 hour. As you can see, price is moving above the local uptrend line. Let's start with the line of support and as you can see the first support where the price is currently at is $ 4.12, if the support breaks down, the next is $ 3.59 and $ 2.96. Now let's move from the resistance line as you can see, the first resistance is $ 4.20, if you can break it, the next resistance is $ 4.53, the next resistance is $ 4.82 and the next one is $ 5.08. It is worth paying attention to the CHOP indicator, which shows that within 1 hour we have a lot of energy for the next move.
by cryptodailyuk
1
TWTR: Is it a good buy right now? Complete trend analysis!Hello traders and investors! Let’s see how TWTR is doing today, and do a complete trend analysis on it. First, in the 1h chart, it seems we have a Descending Triangle, and it seems TWTR is losing the support at $ 46.87. This might indicate further drop, especially considering it is doing lower highs/lows, and it is below the 21 ema. We have some bearish structures, but since TWTR is so close to this support, there’s still time to react, but it must react quickly in order to avoid a sharper pullback. It is important to mention that in the daily chart the trend is clearly bullish. It has been a while since we are above the 21 ema and doing higher highs/lows. It just happens that it is too stretched right now, thanks to Elon Musk, and the volume is trading at record highs too. In this case, remember: Pullbacks are opportunities to buy. Any correction to the 21 ema would be great, but we must wait for the confirmation in the 1h chart, by losing the $ 46.87. To me, TWTR will fill both gaps (yellow squares), meaning, it has a target at $ 64.73, but it’ll be a though ride, with a lots of ups and downs. In the weekly chart, we see that the situation is not that easy for TWTR. Even with all the volatility, TWTR just did a very technical movement, and it jumped to hit the 61.8% retracement (with an unbelievable precision), and now we see a Shooting Star candlestick pattern. This is going to be a strong resistance for TWTR, therefore, we must see more bullish structures in the daily chart. So far, everything is going according to the plan, but we must keep our eyes open. I’ll keep you guys updated on this, so, remember to follow me to not miss any of my daily analyses!
NYSE:TWTR
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
EUR/USD:FUNDAMENTALS+TECHNICAL VIEW | SHORT SETUP 🔔EUR/USD Looks Increasingly Vulnerable To A Decline. EUR/USD fell on Monday as fresh claims of Russian war crimes in Ukraine led to increased speculation of more punitive sanctions against Russia. The news, combined with other developments over the weekend, dented hopes of a possible de-escalation in the war last week. Added downward pressure on the euro also came from firmer-than-expected US factory order data for February on what was a light day in terms of economic data. ECB Governing Council member Vasle, who hinted the ECB could raise interest rates by this year, lent little support to the euro in the current environment. The dip back below 1.10 is not just of psychological importance but also represents a break to the downside in the rising wedge pattern that has developed in recent weeks. This could be a prelude to continuing EUR/USD’s downtrend. This increases the probability that EUR/USD experiences a downside break of the longer-term symmetrical triangle pattern that has developed over recent years. Such a move could lead to an even more significant fall. EUR/USD tested the bottom end of this pattern on Mar. 8, before traders bid the pair higher. Geopolitical factors are unsurprisingly the driver of EUR/USD for the moment. Still, a host of ECB and Fed speakers this week could easily tilt the scales for the euro as much as Ukraine. Economic data could play an equally significant role as traders try to assess the impact of recent events on the euro area economy. The final March services PMI for the euro area is due for release on Tuesday and is likely to get more attention than usual in a relatively quiet week for data. The preliminary PMI dropped to 54.80 from 55.0 in April. More importance is likely to be placed on the release of the March Federal Reserve minutes on Wednesday, which is expected to outline the central bank’s plans for balance sheet reduction. A break above the 1.117 region in the coming days could lead to a more positive shift sentiment around the pair, but for the time being, the risks for EUR/USD looks increasingly tilted to the downside in terms of risk and reward.
Short
by FOREXN1
5
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
SPX: Our support is holding the price! But, for how long?Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see a correction to the 21 ema, and the price is trying to react, as we expected (link to yesterday's analysis is below this post). This is good, and this correction doesn’t invalidate the bull trend, as the index is still doing higher highs/lows. There isn’t any bearish structure around, but if the index loses the support at the 21 ema, the gap (blue area) could be our next stop. In the worst-case scenario, it would drop all the way down to the 4,500 (pink line), and this would ruin the bullish bias in the 1h chart, but not in the daily chart: In the daily chart, the rally was intense, and now we are above the 4,595 (red line), indicating that the index is still looking strong. The fact that it couldn’t close under this line is another sign of strength. If the SPX loses this red line, along with the 21 ema in the 1h chart, filling the blue gap we mentioned, then we might consider a sharper pullback. If this happens, I see the index back to the 21 ema in the daily chart again (now at 4,463 and rising). For now, we don’t see a single bearish reversal pattern around, but since the index went up too much since Mar 15, it is important to be prepared for corrections. As long as we don't see a bearish structure, all we can do is assume the index will keep trending. As usual, I’ll keep you guys updated on this, so, remember to follow me to not miss any of my daily analyses.
SP:SPX
by Nathan_The_Finance_Hydra
5
$SPY going for correction?$SPY has been trending down for the few weeks now and it gets worst as the geopolitical affects the market. as you can see, SPY is bout to approach its support level and where it bounce recently after hitting the support level. but this time is a bit different from previous bounce since market is highly affected with the shortage in commodities specially with chip makers and other important commodities. on the side note, energy stocks is rising like natural gas, oil, electricity etc. maybe we're already in the bear market but people still haven't realized it. also market could bounce if the geopolitical problems stops and can cause a short term bullish run before it pulls back again. note: techs stocks still looking bearish since it correlates with $SPY most of the tech stocks has simillar patterns like SPY. just view them in the higher time frame like 1hr, 4hr and daily. Day trade or scalp target play: 03/ 09 /22 Buy call above 419.23 sell at 423.29 Buy puts below 412.84 sell at 408.44 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
AMEX:SPYShort
by CHRIS_B58
1
AUDJPY Gives a bullish indicationTechnical analysis on the pair AUDJPY If we look at the H1 or one-hour timeframe, it can be seen that the AUDJP has penetrated the strong resistance area at the price of 83,839. This indicates that AUDJPY will continue its rise until it reaches the highest resistance are ever reached on Oct 21, 2021, but we need to analyze all of that fundamentally and keep an eye on the news. Thank you. Don't forget to follow us to get updated ideas. DISCLAIMER: Trading activity is a risky activity, good trading is trading that is done independently.
Long
by yunusbahtiar