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Deciphering the Charts: A Closer Look at BTCUSDT's FutureD ear TradingView Community, B efore I delve into the analysis, it's important to note that I do not consider the current price level as the optimal entry point for a short position. While this prediction suggests a bearish outlook, the ideal entry points lie closer to the horizontal red dotted line. The suggested entry points are specific to my risk appetite, and your approach may differ. Even if you find merit in this prediction, your choice of entries, target prices, stop loss, trail profit parameters, and other safety measures should align with your individual risk tolerance. It's essential to understand that past performance does not guarantee future results. I share a medium-term perspective with the community. This prediction is subject to short-term fluctuations, and its outcome depends on various technical factors aligning. Our AI system, drawing insights from deep neural network analysis, has identified the potential emergence of a bearish chart pattern known as a "rising" pattern, which often marks the end of bullish trends. S o, what technical indicators support the idea of a bearish rising pattern? Notably, the volume has consistently decreased between October 24th and November 2nd, suggesting a period of consolidation or more. Historical data indicates that volume patterns often coincide with the conclusion of trends. In this case, the volume indicator implies that the recent bullish trend may be nearing end. It underscores the significance of the volume indicator in relation to channel pattern analysis. A dditionally, on November 1st and 2nd, there were significant transactions, often referred to as "whale transactions," across major exchanges' spot BTC-USDT markets, primarily involving Bitcoin sales. The red candles in the transparent white boxes on the volume section of the chart represent these selling activities. While I avoid making hasty judgments, some theories in the crypto trading community suggest that whales tend to impact smaller traders. I present this information without taking a stance on the principle, but for those who find it relevant, it's worth considering. T o illustrate this analysis, I've chosen to use 4-hour candles known for providing a balanced representation that minimizes market noise, making them suitable for weekly or even daily positions. Our AI system has outlined two potential scenarios for future price movements. The price could find support from the current trendline (represented by the bottom white line), leading to continued consolidation, as depicted by the top dotted white arrow. Alternatively, should the mentioned support break, it could pave the way for a more substantial decline, with the bottom dotted white arrow signifying the potential target price. Both scenarios complement our bearish perspective, with the top arrow indicating consolidation before a downturn and the bottom arrow visualizing a more direct fall. W hile various indicators, such as Relative Strength Index (RSI) divergence, align with the potential scenarios depicted on the charts, it's essential to recognize that this pattern is unconfirmed. There's a chance that we may witness entirely different developments in the coming months. Therefore, I advise a cautious approach safeguarding your existing funds rather than aggressive day trading. Your financial security should always be your top priority. tl;dr Position: Short Current Trend: Bullish Upcoming Trend: Potentially Bearish Indicators: Volume Consolidation, Whale Transactions, Rising Supports and Resistances, RSI Divergence Important: This might not be the best entry. Don't forget your stop loss and trail profit if you decide to put any positions. Warmest regards, ELY
Short
by Elysian_Mind
#NZDUSD bearish possibility move We can see price reaching out to the daily timeframe bearish channel upper line, which potentially can act as resistance for the price. Additionally, we can spot the formation of a rising wedge pattern in the chart, which is intrinsically bearish and is regarded as a reversal formation in an uptrend. Another factor indicating the loss of bullish momentum is the decrease in cycle amplitude . A decrease in cycle amplitude in an uptrend is an early indication that there may potentially be underling weakness. (use 4 hour time frame chart for this.) Moreover, we have a static resistance area that previously acted as support and resistance for the price, making it an important area to observe for price reactions. It's crucial to note that any breakout from the upper side of the rising wedge pattern or the bearish channel would invalidate this analysis. For taking a position any breakout from below the rising wedge or changing market structure in 4-hour time frame could give us the entry trigger. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Short
by mohemati
5
AI-Driven Analysis: TSLA's Possible Outlook and Tactical EntriesDear Esteemed Members of the TradingView Community, I n our continuous pursuit of precision, we've harnessed the analytical power of cutting-edge AI technology, utilizing a harmonious blend of Autoregressive Integrated Moving Average (ARIMA) and Seasonal Decomposition of Time Series (STL) methodologies to decode the market trends from June 26, 2023, to November 4, 2023. O ur AI indicates a prevailing bearish sentiment in this time frame, which traditionally corresponds to a sequence of lower lows. The chart exhibits a prominent white trendline, gracefully outlining the descending support trajectory of this bearish trend and pinpointing potential regions for the emergence of new lower lows. Should this trendline remain intact, a target price range for short positions spans from $175 to $195. F or those contemplating entry into a short position, we suggest closely monitoring the nearest resistance levels. In bearish trends, historical support levels often transition into formidable resistance points. To map these potential hurdles, the AI has nimbly employed the K-Nearest Neighbors (K-NN) algorithm, highlighting two key resistance zones: "Resistance 1" and "Resistance 2." Resistance 1, marked by the vibrant red line, stands as the immediate barricade, while Resistance 2, also vividly red, awaits in the wings should Resistance 1 be breached. These insights have inspired us to craft two scenarios for your strategic consideration. I n Scenario 1, we envisage Resistance 1 rejecting the price action, ushering in a descent towards the coveted target price zone. In Scenario 2, an alternate narrative unfolds, where the bulls surge past Resistance 1, eventually carving out a consolidation phase between the two resistance lines. Ultimately, this tactical hiatus is followed by an ebbing of market enthusiasm, permitting the anticipated descent into the target zone. A perceptive examination of the volume reveals an uptick in selling pressure on TSLA, commencing on October 17, 2023. The red volume candles in the white circle signify an influx of market sell transactions, surpassing the norm. This pattern aligns with a prevailing bearish sentiment, setting the stage for a potential decline in keeping with our bearish expectations. W hile on the indicators, the Relative Strength Index (RSI) appears. It's a tool often wielded together with others by seasoned traders. Although we've already discussed various indicators, it's worth casting an eye over the RSI. The RSI is signaling a persistent selling inclination in the market, displaying no discernible signs of waning. When considered in conjunction with the volume data and AI-derived insights, it further bolsters the case for impending bearish continuations. tl;dr version: T o sum up, here's a snapshot of the elements of our analysis: Position: Short Trend: Bearish Entry: Near Resistance 1 or Resistance 2 (depicted in red) Target Price Zone: $175-$195 Stop Loss: Positioned above the noted resistances Indicators: ARIMA, STL, K-NN, Volume Candle Analytics, Trendline Analytics, RSI H owever, please be mindful that this analysis is not an investment advice. Past performance is not indicative of future results. The trading parameters should be in line with your unique risk tolerance. It's crucial to undertake your individual research and remember to implement a range of safeguards, such as Stop Loss, Trail Profit, Target Price, Trade Timeout, and Liquidity Check. The ever-fluctuating market can often spring surprises, venturing into scenarios that may differ significantly from those outlined in this analysis. Warm regards, Ely
NASDAQ:TSLAShort
by Elysian_Mind
6
Managing Positions with Parallel ChannelVideo tutorial: • How to identify downtrend and uptrend line • How to draw parallel channel correctly • Confirming a change in trend (using trendline itself) • Managing positions with parallel lines - Profits - Risks - Knowing its volatility Micro Natural Gas Futures & Its Minimum Fluctuation 0.001 per MMBtu = $1.00 Code: MNG Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
NYMEX:NG1!Education
by konhow
Cardano bullish idea.After taking a swing at the elusive $0.40 target last Wednesday (11/15/2023), ADA got a taste of rejection. But, true to form, the next day, Cardano dusted itself off, shrugged off the setback, and made a bloody good comeback. Now, pay attention. Picture Cardano strutting back into the ring, ready to take on a new, formidable resistance level. The bulls are eyeing triumph, and breaking through? Well, that's the key to unlocking a potential surge in Cardano's overall value. I'm eyeing the $0.50 - $0.60 territory.
by LimitlessRx8
1
stock telling what to dostock it, self-telling what can move except from that. high-debt company micro cap company Market Cap ₹ 60.9 Cr. Current Price ₹ 66.1 High / Low ₹ 71.8 / 38.2 Stock P/E 9.99 Book Value ₹ 37.8 Dividend Yield 0.00 % ROCE 8.69 % ROE 3.74 % Face Value ₹ 10.0 Industry PE 31.1 EPS ₹ 6.63 Debt to equity 1.17 Price to book value 1.72 Debt ₹ 40.6 Cr. EBIT ₹ 9.91 Cr. Cash End ₹ 0.95 Cr. Reserves ₹ 25.6 Cr. Quick ratio 0.63 Current ratio 1.18 PEG Ratio NPM last year 0.59 % OPM 5.95 % CMP / FCF 10.2 Intrinsic Value ₹ 74.2 Return on assets 1.00 % EV / EBIT 10.1 no recommendation from me to buy or sell
NSE:VINEETLABLong
by investigationofchart