JAGRAN - Swing trade opportunity 20 % ROI1)The stock is in uptrend in Monthly and weekly time frames.
2)It is in strong consolidation for about 6 months, the stock looks poised for an up move within the zone.
3)The consolidation is happening at 5 year old resistance zone.
4) The upside possible is confirmed through price action, supportive RSI.
Once the stock takes off 121 level, then one can look for 137, 150 for a Mid Term Target.
Trendlineanalysis
Capitalizing on a Downward Trend: Using this indicatorDescription:
In this comprehensive analysis, I'll walk you through my thought process and strategy for identifying a potentially lucrative short-selling opportunity on the NQ ticker, leveraging the insightful "Custom EMA with Color Fill" indicator by Pablo The Transparent Trader. This indicator has been specifically designed to cater to the needs of swing traders, providing a clear visual representation of market trends and momentum through a color-coded Exponential Moving Average (EMA) and a distinctive color fill between the EMA line and the current price.
The Hypothesis:
My strategy hinges on a simple yet powerful observation: if the current 2-day candle on the NQ ticker closes below the trendline and beneath the EMA—specifically within the red background of the indicator—it signals a strong bearish momentum. This scenario suggests that it may be an opportune time to consider a short position (you could consider using inverse ETFs instead of shorting).
Entry Strategy:
Upon the 2-day candle's closure below the critical levels mentioned, I plan to enter a short position. This decision is backed by the indicator's visualization, where a red EMA line and a red fill between the price and EMA indicate a downward trend, suggesting that the market might continue to move lower.
Risk Management:
To safeguard the trade against unexpected market reversals, I will set my stop loss just above the most recent high. This placement ensures that my trade is protected from significant losses should the market direction change unexpectedly.
Profit Taking:
In terms of profitability, I aim for a 2 to 1 ratio between my risk and reward. This means that for every unit of risk I take, I expect to gain twice as much in return. This risk-to-reward ratio is not only a testament to the strategy's potential profitability but also underscores the importance of disciplined risk management.
Indicator Insights:
- Configurable EMA: The ability to adjust the EMA length allows for flexibility in analyzing different time frames, making this indicator suitable for various trading strategies.
- Visual Trend Indicators: The color-coded EMA line, alongside the color fill, offers immediate insights into the market's direction. A red EMA and fill signify a downtrend, guiding traders towards short-selling opportunities.
- Trend Strength and Entry Points: The distance and the color fill between the price and the EMA provide valuable information on the trend's strength and potential entry points. A wider gap suggests a strong trend, while a narrowing gap could indicate a trend reversal.
In conclusion, the "Custom EMA with Color Fill" indicator is not just a tool for visualizing market trends; it's a comprehensive strategy guide for swing traders looking to capitalize on short-term market movements. By following the outlined strategy, traders can make informed decisions, backed by a clear understanding of market dynamics and a disciplined approach to risk management. Whether you're a seasoned trader or new to the scene, this analysis should provide you with a solid foundation for navigating the NQ ticker's volatile waters.
GOLDIAM - Could be a gold mine in the Mid Term :-)An Investment pick, for target of 372,50% + ROI, after the all time high of 272 is taken off.
The stock is strong in all higher time frames. Showing Fibonacci 61% retracement in Monthly, moving strong to take off the Swing High at 272.
Volumes and Price action confirmation in weekly.
One may accumulate in dips till 164 levels. Stock structure becomes weak only on weekly closing less than 164.
One may consider entry based on risk management.
EurUsd - Long Term ChannelHello Traders, welcome to today's analysis of EurUsd.
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Explanation of my video analysis:
Starting in 2008 EurUsd has been trading in a descending channel for more than 15 years. At the moment EurUsd is retesting the upper resistance of the channel so a move lower is quite expected. Furthermore EurUsd is also retesting previous support which is after the break towards the downside turned resistance so everything is pointing towards a next move lower.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Unveiling Bitcoin's Golden Bull Run | Masters Edition | Remix
Bitcoin, the flagship of cryptocurrencies, has once again surged into the spotlight, signaling a potential golden bull run on the horizon. This comprehensive analysis leverages Fibonacci levels, trendline analysis, moving averages, and now, an exploration into long-term candlestick formations and their interplay with horizontal support and resistance levels. Let's delve deeper into the technical indicators forecasting Bitcoin's luminous path ahead.
1. Fibonacci Retracement: A Dance with the 78.6% Level
Bitcoin's recent price action has been nothing short of a technical analyst's dream. The cryptocurrency has tested the 78.6% Fibonacci retracement level, only to pull back to the 61.8% level, creating a suspenseful build-up. However, Bitcoin's resilience shone through as it catapulted back above the 78.6% level, setting its sights on the all-time high of $69,000. This movement not only demonstrates Bitcoin's strong market sentiment but also underscores the reliability of Fibonacci retracement levels as indicators of significant resistance and support.
2. Fibonacci Extension: Forecasting a Stellar Target
The Fibonacci extension tool, a favorite among traders for its uncanny ability to predict future valuations, has once again provided a glimpse into Bitcoin's potential trajectory. Currently, the tool forecasts an ambitious target of at least $128,000. This prediction is not plucked from thin air but is rooted in the tool's historical accuracy in pinpointing major price milestones for Bitcoin, offering a tantalizing glimpse into what the future might hold.
3. Trendline Analysis: Controversy Turns to Gold
While trendline analysis may spark debate among traders, its success in identifying key levels in Bitcoin's price history cannot be overlooked. Presently, these trendlines suggest the commencement of a golden bull run, pointing towards unprecedented higher levels. This analysis provides a roadmap for traders and investors, indicating significant points of interest and potential strategy adjustments.
4. Weekly MA and EMA: Shifting Sentiments
The weekly Moving Average (MA) and Exponential Moving Average (EMA) are showing a major shift in market sentiment, tilting the scales in favor of the bulls. These indicators, especially when configured with the right periods, can accurately pinpoint market reversals. The alignment of both MA and EMA in a bullish configuration underscores a growing optimism in the cryptocurrency market, suggesting that the current momentum could have the legs to sustain a prolonged upward trajectory.
5. Long-term Candlestick Patterns and Horizontal Support and Resistance
Adding another layer to our analysis, long-term candlestick formations offer invaluable insights into Bitcoin's market behavior. Over the years, these patterns have interacted with major levels of horizontal support and resistance, providing a historical context that underscores the significance of current price movements. These interactions reveal how Bitcoin has responded to previous periods of consolidation and breakout, informing predictions about its future trajectory.
The examination of how Bitcoin has navigated through these levels in the past can help anticipate its future movements. For instance, a break above a long-established resistance level might signal a strong continuation of the current bullish trend, while support levels that have held firm over the years could indicate potential rebound zones during pullbacks.
Conclusion: The Dawn of Bitcoin's Golden Era
The synthesis of Fibonacci retracement and extension levels, trendline analysis, moving averages, and long-term candlestick patterns with horizontal support and resistance provides a robust framework for understanding Bitcoin's potential. As we chart this journey, the anticipation of Bitcoin's next phases grows, with technical indicators aligning in favor of a significant bullish phase.
While the insights derived from these analyses offer a compelling narrative for Bitcoin's future, it's essential to approach investment with caution, recognizing the inherent volatility of the cryptocurrency market. Conducting thorough research and seeking diverse perspectives remain critical for making informed investment decisions.
To Learn More, Check Out Latest Analysis & Educational Publications
Mastering Fibonacci Retracement :Navigating Bitcoin's Volatility
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Ethereum's Breakthrough: Navigating the Bull Run and Beyond
Disclaimer: This post is for informational purposes only and not financial advice. The cryptocurrency market is highly volatile and unpredictable. Engage in your research or consult with a financial advisor before making any investment decisions.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P
Ethereum's Breakthrough: Navigating the Bull Run and BeyondEthereum's Breakthrough: Navigating the Bull Run and Beyond
In this idea post, we delve into Ethereum's promising signs of a bullish future based on its recent technical achievements and market dynamics. Ethereum, a cornerstone of blockchain innovation, has shown remarkable resilience and growth potential. This analysis focuses on Ethereum's breakthrough in breaching the Fibonacci golden zone, the formation of bull season support through trendline analysis, a strong bounce from its weekly moving average (MA), and the implications of the ETHBTC valuation.
Breaching the Fibonacci Golden Zone
Ethereum's recent price action includes a significant move above the Fibonacci golden zone, a pivotal area identified by traders for its potential market reversal implications. This achievement is a clear bullish indicator, suggesting Ethereum's momentum for sustained upward movement. The golden zone, located between the 0.618 and 0.65 retracement levels, is crucial for identifying support and resistance levels that can predict future price movements.
BINANCE:ETHUSD.P Has tested golden zone retracement and broken above
Bull Season Support Formation
Through trendline analysis, we observe the formation of a bull season support for Ethereum, indicating a strong foundation for potential future price increases. This pattern, marked by consecutive higher lows, reflects growing buyer interest and market confidence in Ethereum's value proposition and its underlying technology's capabilities.
BINANCE:ETHUSD Has formed its Potential Bull Season Channel and right now is trying to break above the Midline
Strong Bounce from Weekly MA
Ethereum's vigorous recovery from its weekly moving average underscores significant buying pressure and investor confidence. This bounce from the weekly MA highlights the market's responsiveness to Ethereum at current price levels, suggesting a bullish sentiment and a potential shortage that could propel prices even higher.
BITSTAMP:ETHUSD Ran 20%-50% at each test of the weekly MA
Upward Adjustment of Long-Term Targets
Given these positive technical indicators, the long-term price targets for Ethereum are being revised upwards. This optimistic reassessment stems from Ethereum's technical strengths, foundational role in the burgeoning DeFi and NFT markets, and its overall market performance, which hint at a much higher valuation potential than initially anticipated.
ETHBTC Valuation: A Buying Opportunity?
Despite the overall bullish outlook, Ethereum's valuation relative to Bitcoin (ETHBTC) is currently under pressure, indicating that Ethereum may be undervalued compared to Bitcoin. This underperformance in the ETHBTC ratio might present an attractive entry point for investors, signaling that Ethereum, at its current price relative to Bitcoin, could offer significant upside potential.
BINANCE:ETHBTC Indicates Strong Bounce on Mega Support
Concluding Thoughts
Ethereum's journey through the cryptocurrency landscape is marked by continuous innovation and a steadfast position at the forefront of the blockchain revolution. The analysis of its technical indicators and market dynamics paints a bullish picture for its long-term price trajectory. While the ETHBTC valuation suggests Ethereum is currently undervalued relative to Bitcoin, it also underscores a potential opportunity for growth.
Investors and enthusiasts watching Ethereum's progress will find these insights crucial for understanding its market position and future potential. As always, it's important to approach investment decisions with caution, armed with thorough research and a clear understanding of market risks.
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Disclaimer: This idea post is for informational purposes only and should not be taken as financial advice. The cryptocurrency market is highly volatile and unpredictable. Please conduct your own research or consult a financial advisor before making any investment decisions.
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:BTCUSDT
😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️Bitcoin's recent performance has been strong
Short-term long positions are risky via overbought RSI
A correction may precede a potential move past $50k
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Cup and Handle
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
HALLIBURTON Weekly Technical AnalysisHAL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Clusters, Trend Lines , Parallel Chanel, Fibonacci, Gap, Triangle - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
$XOM Short Swing EarningsNYSE:XOM just recently had earnings
I'm looking at swinging puts tomorrow because the Jeanius Algo Suite (Indicator/Screener) gave me multiple sell confluences:
Rose through 2 untested highs (~$104.91), grabbing liquidity
Retested the level that price broke to create a Change of Character (CHOCH)
Tested a downtrend line
Broke and retested an uptrend line
In a long term and short term structural downtrend
The indicator automatically painted the lines/zones on the chart
$AAPL Long SwingNASDAQ:AAPL just recently had earnings and released the new VR-headset, Apple Vision Pro.
I'm looking at swinging calls for NASDAQ:AAPL next week because the Jeanius Algo Suite (Indicator/Screener) gave me multiple buy confluences:
Fell through 2 untested lows (~$180.17), grabbing liquidity
Partially filled a Fair Value Gap
Tested an uptrend line formed on the monthly timeframe
In a long term and short term structural uptrend
The indicator shows "Combo" signals every time this combination of signals happened in the past. It also automatically painted the lines/zones
A Positive Divergent Signal!The candlestick pattern indicates a positive divergence since the stock is in the accumulation stage before proceeding to an uptrend movement. The upper limit triangle-like shape indicates price resistance when prices move up the result of the price action should increase in volume.
The MACD and RSI indicators confirm the candlestick pattern which indicates a divergence signal.
Let's save TTVHB in WL and watch out for significant price movement with an increase in volume above the MA20 line.
R 0.840
S 0.695
AMD Weekly Technical AnalysisAMD Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Parallel Channels, Modify Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
Alphabet - Wait For The RetestHello Traders, welcome to today's analysis of Alphabet.
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Explanation of my video analysis:
Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish trendline which I mentioned in the analysis, I am looking for longs and eventually new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
NVIDIA Weekly Technical AnalysisNVDA weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Channel, Pitchfork, Rectangle, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
MANTA 5% BULLISH pump probability!When taking a look at MANTA. it is currently respecting all levels to the upside and is now retesting a local support after the trendline breakout.
This is bullish price action and suggest a higher move is likely in the next 24 hours. The previous high is 5% away and that would be a nice target from these levels.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Mastering Trend Analysis in Crypto Trading: Tutorial !Unveiling the Art of Trend Analysis in Bitcoin Trading
Welcome to a comprehensive guide that will empower you with the skills to master trend analysis in Bitcoin trading. In this extensive tutorial, we'll explore every nuance of identifying trendlines, understanding structural points, and navigating the complexities of different market scenarios. Illustrated with practical examples and annotated charts, you'll gain insights into distinguishing between ranging markets and trending channels, and how significant breakouts and confirmations signal trend changes.
Deciphering Trendlines and Structural Points
1.1 Defining Trendlines:
Delve into the essence of trendlines and their crucial role in technical analysis.
Understand the significance of structural points: higher lows, higher highs, lower highs, and lower lows.
1.2 Identifying Trends in Bitcoin:
Analyze Bitcoin price charts to identify structural points that signify the emergence of upward or downward trends.
Explore examples of higher highs and higher lows in bullish trends and lower highs and lower lows in bearish trends.
Ranging Markets - When Trading Takes a Pause
2.1 Recognizing Ranging Conditions:
Differentiate between trending and ranging markets, highlighting the characteristics of sideways price action.
Emphasize the challenges and importance of patience during range-bound periods.
2.2 Analyzing Range-Bound Bitcoin:
Illustrate Bitcoin charts during ranging conditions, showcasing the absence of defined higher highs or lower lows.
Discuss strategies for navigating range-bound markets and waiting for clear trend signals.
Section 3: Trading Channels - Dynamic Play of Bulls and Bears
3.1 Understanding Channel Dynamics:
Introduce channels as a distinct form of trending, encompassing upward (ascending) and downward (descending) trends.
Explore how channels create dynamic opportunities for traders.
3.2 Decoding Channel Breakouts:
Explore Bitcoin charts in ascending and descending channels, emphasizing the significance of breakout points.
Discuss how trend changes are confirmed only after a sustained breakout and closure beyond a trendline.
Section 4: Putting Knowledge into Action - Real-Life Examples
4.1 Example 1: Trading Higher Highs in a Bullish Trend:
Dive into a specific Bitcoin chart showcasing a clear upward trend with higher highs and higher lows.
Discuss potential trading strategies aligned with the bullish trend structure.
4.2 Example 2: Navigating Lower Lows in a Bearish Downtrend:
Analyze a bearish trend scenario with lower highs and lower lows, emphasizing risk management strategies.
Discuss the psychological aspects of trading during downtrends.
4.3 Example 3: Channel Trading and Spotting Breakouts:
Examine a Bitcoin chart illustrating a channel, showcasing the dynamics of trading within the channel.
Discuss breakout scenarios and how to discern a genuine trend reversal.
Conclusion: Mastering the Art and Science of Bitcoin Trend Analysis
As you conclude this comprehensive journey through Bitcoin trend analysis, remember that expertise in this domain is a continual process. Regularly reassess your technical skills, stay attuned to market dynamics, and apply these principles with flexibility. Whether you're navigating ranging markets or identifying breakout points within channels, understanding trendlines is your compass in the vast landscape of cryptocurrency trading.
💡 Building a Solid Foundation | 📈 Trendlines Unveiled | 🔄 Navigating Ranges | 🚀 Channel Breakouts Decoded
💬 Join the conversation: Share your experiences in trend analysis, ask questions, and connect with a community dedicated to honing their Bitcoin trading skills. 🌐✨