Get started

Trendchannels

What's happening with NVIDIA stock? Boxes analysis.Hi everyone! Today we take a look at spaceship of a stock NASDAQ:NVDA . Nvidia stock has been booming since crypto market skyrocketed in 2016. The company is overvalued from fundamental indicators viewpoint, but these kind of stocks seem to totally ignore the fundamentals. Let us analyse the price movement using my favourite tools. The orange trend channel is way too steep in my opinion and is unlikely to hold. However, the stock seems to respect some key levels whcih are indicated on the chart. My plan : Check volume at the key levels. Will consider starting a position at 178 if it holds with a decent bounce. If we break 178, I expect the stock to meet the longer term grey trend line at 161. Then it is definitely a buy. No FOMO. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:NVDAShort
by AyBe_Invest
6
USDCHF nice Wyckoffs in August, will the accumulation hold?USDCHF We're currently in a long lasting upward channel. Price creating LLs and LHs, currently creating another LL with a SPRING? August showed few clear Wyckoff schematics and I'm considering some setups around the mentioned areas (especially 0.90500 - 0.91000 area). With still some room in the Stoch for an upward move on higher TFs, the 1H is showing signs of retracement around 0.91000 area. If we'll get to the SPRING area this week, I'll be looking for LONGS within the current accumulation (Spring / LL >> TEST).
Long
by GibsonTrades
BTCUSD at last level of support priceBTCUSD is following bearish channel, recently breakdown the support level: 33770, and landed on next and last support : 31940, and touched bearish channel lower, accumulation is happening near support. In this support level price reflected huge moment historically, To follow Golden rule: Be with trend, (short setup could possible at 33770) Trend line an hr. time frame basis !Strong close below 3940 should be hell bearish move. Technical- Based on Support/Resistance and trend line: - Strong Suport: 31940 - Strong Resistance: 33770 ! leave feedback or comment please. To check previous ideas and updated. Image-
COINBASE:BTCUSDShort
by abhish_analysis
ETHEREUM - LONG - TARGET 4645 USD Hello traders, Here is a new update for Ethereum which has broken out of the medium-term upward trend channel. Ethereum has broken out to the upside with more than above average volume so I think the rise is sustainable. The targets for ETH are now: -> Target 1 3692 USD -> Target 2 4276 USD -> Target 3 4645 USD Support is now found in the ascending trend channel in case of a correction. Stops below the previous swing lows of course depending on your timeframe and Risk Reward and money management. A very important level which I use in my trading is always the 50% fib retracement level. Currently at 2816 USD but changes as we go up even more with ETH. Watch this level in case of a correction. Discalaimer: this is not a trading advice but purely my personal view on this fund.
Long
by PegasusTechCharts
2
ADAUSD Elliot Waves Trend & Time AnalysisIts bullish channel had been broken and after that, it has shown a great desire to make pullback on it! I consider it as the third main wave of Elliot's impulsive waves! The second main wave made and price correction ABC pattern, so I expect the fourth main wave to make a time corrective wave! Hence, the fifth wave of the main waves maybe appears at the 1.618 of the third wave! Note: trade with your own analysis and just let me know your opinion about my idea! Thank you for your attention! please press the Like button if your it! FOLLOW me for more!
KRAKEN:ADAUSD
by majidahmadi
1
BTCUSDT Sell Hello traders! Below is the default MACD setting. Bitcoin was avoiding divergence for 5 days and yesterday it gave a cross in MACD and we saw a bearish candle today and now it will find support to move up again. We can follow the trend channel as the first support and if it falls below the trendline then we will see the fakeout patterns below the trading channel. These fakeout patterns do not change the trend but it pushes the market back in the trend. There are many shapes of fakeout patterns. If it forms any fakeout pattern then I will post the chart here so that people don't fall into a fake sell trap. Many usdt pairs are falling with it so becareful. Hit the like button to support the idea and follow to stay connected.
Short
by Aadil1000x
2
Trend Identification The lower highs and lows of the last few weeks, as well as the emerging downward trend channel, tend to suggest that the exchange rate has entered a downward trend. However, the noise caused to the prices from the very important announcements on Friday may have temporarily pushed the exchange rate down. Next week's macroeconomic data may put upward pressure on the exchange rate, if analysts' forecasts are verified. Taking into account that the exchange rates are close to reaching the lower point of the trend channel, the price trend over the next week may be upward with a small fall margin at the beginning of the week to the support level of 1.1870.
Long
by UnknownUnicorn214400
11
How to play the market the next days Hello everybody we are currently recording 3 continous down days in the market, as a result of rising bond yields, nevertheless we are somehow near to being oversold and on the RSI and we can see some kind of divergence which gives the idea to load the boat at 12500 and 12400 to the long side, if 12400 breaks we are gone for good, if really 12400 breaks we possibly could reach 12250 to 12150 in the near term. If we breaks 12750 we can possibly go on to further levels to the north side. Going long is more likely to result in success as more and more countrys are reopening, generally ease is approaching. WARNING: This is just a idea to give you some thoughts not a advice where to invest into, always do your own research and decisions before buying anything.
U
by hassanablatar
Trend Channel Trading GuideHello, dear subscribers! Today we are going to discuss a very important topic of the trend trading. The trend channel is the most reliable tool of the trading during the trends. Here is an example of the ascending trend channel. For novice traders it is recommended to execute trades only in the direction of a trend. First of all we should determine the trend channel. The white part of a channel is the formation phase. Here we can find multiple bounces off the lower and upper channel's bands. As a result these band are defined. The green part of a channel corresponds to the trading time. Let's consider an example of long positions execution. We can do it when the price bounced off the lower band. For the take profit level defining we recommend to use the significant resistance level, like a green line on the chart. We should be conscious about the potential trend channel's breakout (red point). The breakouts can be fake, but if the price faced with the rejection (red area) for the attempts to re-enter the channel it can be the sign of the potential trend reverse, as we can see at this example. We will continue this topic with other examples of trend channel if you are interested in it. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
BITSTAMP:BTCUSDEducation
by Skyrexio
3