BLNK Bottom Firming UpBLNK is forming a bottoming pattern. RSI is oversold and MACD is about to flip bullish. Looks like a great risk reward spot. 32% short float and declining volume on the drawback.
Volatility
NQ Power Range Report with FIB Ext - 1/5/2024 SessionCME_MINI:NQH2024
- PR High: 16469.00
- PR Low: 16450.25
- NZ Spread: 41.75
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
Continuing to decline into prev ~16400 supply
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 192.74
- Volume: 16K
- Open Int: 274K
- Trend Grade: Bull
- From ATH: -7.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Exciting times ahead for BitcoinExciting times are ahead for Bitcoin as it prepares for a potential run towards $36k. Bollinger Bands are tightening, signalling short-term volatility. My Elliot Wave analysis points towards a fifth impulse wave. Along with gold and silver breakouts, a squeeze towards $36k seems imminent, in my opinion.
Uniswap / governance protocol poised for success in bull-runAfter multiple bounces along the Purple support zone (3.32) - it seems inevitable that we are going to test the next resistance level at $7.72.
If we can successfully break that level my next targets are as follows
Target 1: $10.17
Target 2: $20.20
Mid/Long term target 1: $29.60
Mid/Long term target 2: $35.74
UNI is the governance token for Uniswap. UNI was introduced on 16th September 2020 through a retrospective airdrop to users who have interacted with the protocol either by swapping tokens or by providing liquidity.
The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.
What is Uniswap?
Uniswap is a decentralized exchange (DEX) that makes it easy for users to swap an ERC-20 token for another ERC-20 token without the need of a centralized intermediary. With a DEX, traders do not have to deposit their tokens on an exchange and be exposed to the security risks of a centralized exchange.
Users just need an Ethereum wallet like Metamask and they can immediately start swapping tokens. Users can then swap tokens directly without the need of an orderbook. This works using an Automated Market Maker (AMM) where Liquidity Providers (LP) deposit tokens into the smart contract and this liquidity then provides a price quote to traders without relying on any professional market makers. Liquidity Providers are compensated with a 0.3% trading fee for providing liquidity on the protocol
NQ Power Range Report with FIB Ext - 1/4/2024 SessionCME_MINI:NQH2024
- PR High: 16563.00
- PR Low: 16543.25
- NZ Spread: 44.25
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
08:30 | Initial Jobless Claims
09:45 | S&P Global Services PMI
11:00 | Crude Oil Inventories
Inventory correction continues
- Trading within prev session lows
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 196.73
- Volume: 17K
- Open Int: 273K
- Trend Grade: Bull
- From ATH: -6.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Playing the Superconductor hypeSeems like LK-99 is coming back around so it's time to watch AMSC
My guess is in a week or two price starts picking up and we get another big move
Position early while protecting downside is all we can do
NQ Power Range Report with FIB Ext - 1/3/2024 SessionCME_MINI:NQH2024
- PR High: 16740.00
- PR Low: 16717.25
- NZ Spread: 50.75
Key economic calendar events
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
14:00 | FOMC Meeting Minutes
Strong inventory run during prev session
- Holding below December pivot ~16762
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 197.61
- Volume: 18K
- Open Int: 272K
- Trend Grade: Bull
- From ATH: -5.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
HDAO. Buy it.It is difficult to provide any in-depth technical analysis here due to the relatively low volatility and the completely unique niche that asset occupies. I just want to point out Fibonacci opportunity. Also, I think Vitalik Buterin mentioned this at the previous bull market peak. Bankless DAO Treasury owns HDAO. Partnership with Axie, Moonbirds, Polygon, Thetan Arena, Coingecko... Sir... And this one has only $400k cap?...
Check out site, idea, concept and understand that it not even on any exchange yet... BUY IT.
NQ Power Range Report with FIB Ext - 1/2/2024 SessionCME_MINI:NQH2024
- PR High: 17037.00
- PR Low: 17013.75
- NZ Spread: 52.0
Key economic calendar event
09:45 | S&P Global US Manufacturing PMI
Gapped up over the long weekend on low volume
- Gap filled
- Volume feels relatively low
- Ranging around Friday's close
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 182.06
- Volume: 19K
- Open Int: 283K
- Trend Grade: Bull
- From ATH: -3.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
TRB to reclaim $500 markTRB. The MVP for this bull run w/o a doubt has received a lot of attention considering the big break to $600 before falling back down to $186. Notice momentum has subsided from the sellers and after a massive liquidity sweep into the new year, I expect TRB to settle around $440 before the month ends.
GUJARAT GASBreakout of resistance and trendline with huge volume on weekly timeframe. Also crossed 50 EMA. Rally expected from CMP. Also crossed resistance in last week.
Nasdaq-100 (QQQ): Supertrend Bullish SignalHello everyone,
The Pro Supertrend Calculator confirms a bullish trend for the Nasdaq, and here is the underlying analysis. When we observe a sequence of 40 consecutive periods above the Supertrend line, a robust signal emerges. Out of these 40 instances, prices were above the line 10 times and below only 3 times. It's not just a series of numbers; rather, it's a dynamic representation of the market's evolution.
Now, let's delve into the technical aspect without veering into informal terms. The Supertrend, in its calculation, relies on a meticulous analysis of trends and volatility, adjusting its trajectory based on market developments.
Currently, the Supertrend paints a bullish outlook for the Nasdaq with a confirmed probability of 75%. To clarify, it's not just a line on the chart; it's an intelligent guide amidst the trading tumult. As we navigate this bullish wave, may you find in the Supertrend a reliable ally, guiding us toward successful transactions and substantial profits.
To your success in trading and best wishes!
CVNA Cup and Handle IdeaCVNA forming a cup and handle after a big run up. 37% short float. Zoom out and there's plenty of room to run. First idea I'm watching into 2024.
NQ Power Range Report with FIB Ext - 12/29/2023 SessionCME_MINI:NQH2024
- PR High: 17101.75
- PR Low: 17082.00
- NZ Spread: 44.25
No significant economic events
Last trading day of the year
- Low vols expected
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 181.26
- Volume: 15K
- Open Int: 284K
- Trend Grade: Bull
- From ATH: -3.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
ANF - What on Earth is happening?Can someone please explain this to me? ANF is at an all time high. Well over the peak valuation from it's height of popularity in 2007. The weekly chart is so overbought it's laughable, but is it done? I'm so tempted to start shorting. Each one of these pumps has been followed by an equally ruthless plunge. Will this time be different?
FFIE Gamma Squeeze?Might be something in the water with FFIE. Up 45% today, volume starting to looking positive. Definitely a yolo, but the market has been so nuts lately, you just never know. Stay safe.
NQ Power Range Report with FIB Ext - 12/28/2023 SessionCME_MINI:NQH2024
- PR High: 17129.00
- PR Low: 17117.75
- NZ Spread: 25.25
Key economic calendar events
08:30 | Initial Jobless Claims
10:00 | Pending Home Sales
11:00 | Crude Oil Inventories
Prev session virtually unchanged
- Vol and open interest increase
- Lifting weekly high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 189.65
- Volume: 19K
- Open Int: 284K
- Trend Grade: Bull
- From ATH: -3.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Dangerously bullish setup for BitcoinBack on October 23 we posted a long trade idea for Bitcoin titled: Bitcoin attempting to break over a significant long-term level where we outlined the bull case for a breakout over 32K to bring more momentum and higher targets for the King of cryptocurrencies.
Here we are 2 months later with prices up 9 out of the last 10 weeks and Bitcoin has entered into a sideways consolidation through time, rather than any meaningful correction in price all while the market awaits two bullish catalysts: a spot ETF approval and the halvening.
A breakout up and over 45K starts to put former all-time high targets into traders minds and likely arrives at a fast clip. (disclosure: long).
NQ Power Range Report with FIB Ext - 12/27/2023 SessionCME_MINI:NQH2024
- PR High: 17103.00
- PR Low: 17085.00
- NZ Spread: 40.0
No significant calendar events
Low vols continue
- Slightly breaking prev week's highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 197.87
- Volume: 14K
- Open Int: 276K
- Trend Grade: Bull
- From ATH: -3.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
SPX/VIX Ratio to see where we are at Stock MarketThe spx/vix ratio's RSI tells me the worst is near to end for stock market investors. Stay cautious, but don't lose hope. The storm may be passing soon.
NQ Power Range Report with FIB Ext - 12/26/2023 SessionCME_MINI:NQH2024
- PR High: 17011.50
- PR Low: 16963.50
- NZ Spread: 107.5
No significant economic calendar events
Not much of overall change following Christmas weekend
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 204.99
- Volume: 18K
- Open Int: 273K
- Trend Grade: Bull
- From ATH: -3.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
AI's EUR/USD Pattern & Scalping Range, Local European SentimentAI's EUR/USD Falling Channel & Breakout Odds with Scalping Range
D ear Valued Investors,
Introduction
I would like to provide you with an update on the trading bots' activity. They have been diligently following a short position initiated at 1.101, see the idea above the chart, and I am pleased to inform you that the trade has been successful, as indicated by the success of the forecast on the left side of the chart.
News Trading - Natural Language Processing Results
- The European Central Bank (ECB) is expected to raise interest rates in July, which could strengthen the euro. The ECB has been signaling for months that it will need to raise rates to combat inflation, and the latest data suggests that inflation is still running high in the eurozone. A rate hike would make the euro more attractive to investors compared to the dollar, which is currently yielding very little.
- The eurozone economy is showing signs of resilience. The eurozone economy grew by 0.3% in the first quarter of 2023, and the latest data suggests that growth is continuing in the second quarter. This suggests that the eurozone economy is more robust than many economists had expected, which could support the euro in the near term.
- The risk of a recession in the United States is increasing. The US economy is facing a number of headwinds, including high inflation, rising interest rates, and the war in Ukraine. These factors could lead to a recession in the US, which would likely weaken the dollar and strengthen the euro.
Personal Comment
I live in the EU, and as a consumer, I don't see any sign of recession here. To me, it seems that the US economy bears the bigger weight in the news of the war are about. Objectively, the US economy might be stronger, but the prices don't necessarily reflect the current power. Investors try to speculate which economy will suffer harder and pool value into those that seem resilience. I believe in the resilience of the EU economy, and I experience the local sentiment. While prices are rising, people don't FUD yet. Many seek opportunities to make a profit that can cover the inflation costs. EUR has seemed more resilient so far to the difficulties than the other European currencies. If you live in the EU, you know that many countries still have their national currencies (not EUR), but you can pay with EUR everywhere here. So, it makes sense that many sell their national currencies to EUR. EUR is more resilient, and they can pay with it as smoothly as with their national currencies.
Pattern Recognition AI's Results
Through my pattern recognition algorithms, I have identified a falling channel pattern on the chart. This pattern is characterized by purple trendlines. Despite its bearish implications, the price broke above this pattern on December 11th, suggesting potential bullish momentum.
Scalping Possibilities
Currently, the EUR/USD is in a consolidation phase, trading between the support level at 1.072 and the resistance level at 1.082. These levels align with the EMA 100, and the support line is denoted by the color green, while the resistance line is represented by red. Shorting opportunities may arise from resistance to support.
Neural Network's Prediction
Based on the current technical indicators, I anticipate a scenario in which the EUR/USD gains momentum from the support level and breaks out above the channel. This potential trajectory is depicted by the white lines. In the event of a successful breakout, my neural networks suggest target prices of 1.095 or even 1.100.
Technical Indicators
The fluctuating volume below the channel indicates increasing volatility. Noteworthy bullish indications include the price consolidating above EMA 20, the RSI crossover below on the RSI indicator, and the strong uptrend of MACD since December 7th.
Disclaimer:
I would like to emphasize that this communication does not constitute investment advice. I strongly urge you to conduct thorough research before making any trading decisions. It is essential to recognize that your funds are your responsibility, and past performance does not guarantee future results.
Sincerely,
Ely
NQ Power Range Report with FIB Ext - 12/22/2023 SessionCME_MINI:NQH2024
- PR High: 16956.25
- PR Low: 16931.75
- NZ Spread: 55.25
Key economic calendar events
08:30 | Core Durable Goods Orders
- Core PCE Price Index
10:00 | New Home Sales
Prev session inside bar
- Fading from prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 208.92
- Volume: 23K
- Open Int: 275K
- Trend Grade: Bull
- From ATH: -4.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
