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Uptrend

Major Resistance and ConfluencesBTC currently around $27k Bullish case: -Price above 200w SMA and 200d EMA (purple) -Shorter EMAs pointing up (bullish momentum). (soft pink and pink) -Price and moving averages above Bull Market Support Bands (red/green band) -Log Scale downtrend breakout (orange dashed line) -Possible new macro-uptred? Bearish case: -Major resistance to be broken around $30k (red area) -Price stopped exactly at 800d EMA (gray line) -big bearish divergence on Daily -pumped too hard in too fast (fomo buys, no strong foundation to support the rally) -needs to previous resistance to confirm new support (white area) which would also confirm the orange dashed downtrend to have flipped support
by a_stonk_a_day
It's not how but also whenA lot of emphasis is placed on how to trade. What the best indicators are, what the best R/R is. However, I don't see a lot of focus on WHEN you should trade. I don't specifically mean when to get in and when to get out. I mean what HOUR of the day should you trade? There are few factors to this: - When is the time that you are most alert and can focus on the markets? - What HOUR of the day do you tend to see your set-ups form? Most new traders have no idea about these concepts and literally try to trade 24/7. This often leads to burnout and worse - account blow out. It behooves you to use an integrated journal for your trade and see what time of day you are most profitable and you should try to stick to those times.
NASDAQ:PLUG
by Tradersvoices
S&P looking bullishSold 50% of my gold and silver portfolio, and I am looking for potential stocks to enter. I am particularly interested in TSLA, Nvidia, AMD, and AirBNB. It is now possible that we will enter an uptrend in stocks. A tight stop loss will be in place. Not market buying through. Buys set lower in case we fall to the support levels, where there is better RR. I am not happy with the rate hikes, as a recession is still quite likely. That is the reason why I only sold 50% of my precious metals. But for now I am just trading what the market is telling me and ignoring the noise. But for the time being, I am simply trading what the market is telling me and ignoring the noise. "Ride the trend right till the end"
SP:SPXLong
by Titans_Trading
4
📊 Four Market PhasesThe four market phases in trading are characterized by different levels of buying and selling activity, trading volumes, news and sentiment, and price trends. By understanding these phases, traders and investors can better anticipate market movements and position themselves to take advantage of opportunities as they arise. 🔹 Accumulation In this phase, the market is characterized by low trading volumes and a lack of clear price trend. Buyers and sellers are more or less balanced, and prices tend to remain within a certain range. This phase is often seen as a period of accumulation by smart money investors who are slowly building up positions before the market begins to trend. 🔹 Uptrend In this phase, the market experiences a sustained rise in prices, driven by increasing demand from buyers. This is typically accompanied by higher trading volumes and positive news and sentiment. Traders may look to buy into dips during this phase, in order to take advantage of the overall trend. 🔹 Distribution In this phase, the market begins to show signs of weakness, with prices starting to trend sideways or even decline. This is typically accompanied by lower trading volumes and negative news and sentiment. Smart money investors may begin to sell into strength during this phase, as they look to lock in profits before the market turns lower. 🔹 Downtrend In this phase, the market experiences a sustained decline in prices, driven by increasing supply from sellers. This is typically accompanied by lower trading volumes and negative news and sentiment. Traders may look to sell into rallies during this phase, in order to take advantage of the overall trend. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
1
Power of Inside Bar - Cingniti TechInside Bars if used wisely, can give us astonishing results in Trading. Let's understand this scenario. Stock Name - Cigniti Tech After 20th Feb 2023, on D TF, this counter merely had any move! More or less it had inside Bars with totally squeezed close prices compared to earlier close. if you observe, closing prices are getting squeezed day by day with drying up sales volume. This indicates sellers are loosing control & buyers ay pitch in! Following are reasons for my Long view - 1. Stock is in Up Trend. 2. Stock prices are above 200 EMA 3. 10 & 20 EMAs are above 200 EMA. 4. RSI has crossed 55 5. Nifty IT index is in uptrend, so sectors is booming. So my entry would be on crossover of high of 7th Feb. Same setup & logic can be applied while entering stock on 3rd March, as its crossing previous high of 2nd march for a quick move on upside.
NSE:CIGNITITECLong
by Saishayu_Option_Scalpers