TATAMOTORS - Bull Pennant Breakout - Weekly - Swing TradeThe above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Analysis and trade setup has been shared in the image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas to know how even a beginner can earn money from stock market with help of simple price action.
Feel free to comment or message me regarding this analysis or to know more about chart study and learning price action.
Weeklyanalysis
SILVER weekly analsysis 🦐After the amazing profit of this week, we check the weekly chart of Silver.
The price is in a huge ascending channel and tested the lower trendline and the long correction movement might be to an end soon.
If the market will break above according to Plancton's strategy we will set a nice mid-long term order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BLISS GVS PHARMA BuyLow-Risk & High-Profit Trade
Share Name: BLISS GVS PHARMA
Reason to buy:
1.) Trendline Support on the weekly chart.
2.) RSI oversold on the weekly chart
3.) MCD recover from the bottom.
BUY: 103.70
Sl: 90
TP: 153, 220
Note: Share can hold for a long time. very Less possibility to down from the current price.
Double Tap With Weekly Key Level Setup This is a major key level set up With the weekly level being the star of the show this week. I am looking for either a pullback off this level that will be bullish of course. Or a smaller pullback that could lead to a continuation further down.
My bias? This is about to be a reversal. We already reached this area on March 31st. Now we have returned. This could be a double-tap move for the bull run. We'll have to watch it and see.
BULL TPS:
• 1.47951
• 1.48377
• 1.49166
BEAR TPS:
• 1.46560
• 1.45902
Bearish Engulfing Retest This WeekPrice came back to a weekly level and rejected it once again. this time, it created a bearish engulfing to end the week. So this week I am looking for a retest of this bearish engulfing That happens to be on the daily timeframe.
Also on the daily, you could see that it formed a bearish harmonic. So I am expecting this to be heavily respected. This could be an indication that we are breaking a range that has occurred for several weeks now that is also seeing clearly on a daily timeframe.
So, this can possibly signal a major breakout swing trade for the short starting this week. But first, let's wait for the pullback to be completed first before we take the swing sell. This has been a fun pair to trade for all of April. Can't wait to enjoy more this month.
BULL TPS:
• 151.328
• 151.633
• 152.091
• 152.459
BEAR TPS:
• 150.834
• 150.359
• 149.833
Multiple Confirmations For The ShortI have multiple confirmations for the short to last at least a few days or for the week. We have a bearish engulfing on a daily timeframe plus, we also have multiple bearish engulfing candles on the 4-hour chart after the monthly level was respected as resistance.
So one of two things is going to happen: this will be a pullback for another bull run, or we're about to do another nosedive to make a new lower low. Let's find out.
BULL TPS:
• 58096 .71
• 59603.93
• 61359.15
BEAR TPS:
• 55750.00
• 54364.99
• 52953.39
Dogecoin to $1 dollar soon: OH MY GOD!!!I see that Dogecoin are becoming so popular cryptoucrrency that could to beat the next cryptocurrency. I have a forecast that Dogecoin could to take the place #4 or #5. I don't know this proyect, but I heard about this cryptocurrency from 2019, and I remember htat Dogecoin worht just $0.002 cents, just for below of 1 cents. I'd never buy Dogecoin becuase for me in 2019 this cryptocurrency it's look so stupid with a yellow dog background, their logo. But right now, I was sorprendent of this cryptocurrency that entry in the tops best cryptocurrency in the radar and becoming so popular what Elon Musk do. But, right now I notice the importance in it. But very soon, I'm interesting to study Dogecoin and what about of this popular cryptocurrency that could be the most popular cryptocurrency in 2021-2022 together with XRP, Cardano, and much others.
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This could be my 3 targets profits for Dogecoin, now if you invest and hold this cryptocurrecy from a lot time, congraluations!!!
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In short term, Dogecin could to reach the mark of $1 dollar. This cryptocurrency it's growing up more than others crytpocurrencies.
And well, if you look the Dogecoin supply in circulation, there're over 129 billion. For each 1 dollar, the Dogecoin market cap could to overpass the popular cryptocurrency like Polkadot, Cardano, Tether and XRP. Now, I don't know why this happen, but I will goign to review the fundamental analysis of this cryptocurrency and study the fundamental analysis of Dogecoin.
At the moment, the only that I make it's to sell part of my Ethereum to buy 10,000 Dogecoins and fund in my Simple FX account, recently, Simple FX add Dogecoin account for cryptotraders who want to accumulate Dogecoin, and for that, I take this decision to sell part of my Etheruem to buy Dogecoin.
Guys, very soon, I will going to talk about of Dogecoin if you're not understand about of this popular cryptocurrency in our radar and know what happening with this cryptocurrency that it's growing up fast.
Bitcoin Cash continue up to $1,500 USDThis cryptoucrrency show us an interesting trade to know that we're in this bullish trend. This it's the weekly chart and we see that Bitcoin Cash continue ascendint to $1500 USD in few weeks.
At the moment, this it's my information that I have in weekly timeframe!!!
Ethereum rally it's exploding!!!This it's incredible, Ethereum it's above of $2,400 USD. Ethereum it's still as the second biggest cryptocurrency, just for below of Bitcoin. And Ethereum it's the second most expensive cryptocurrency. Now, I want to show you my prediction for Ethereum during this bull trend.
In weekly timeframe, Ethereum it's near to mark $3,000 USD in short term, and the level of $4,000 USD and $5,000 USD it's coming soon between short term-medium term.
SPX's weekly update. 2ed week of April 2021- P/E : @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.666
historically 10y note underperforming SPX in April & it has a sideway movements in April as well.
- Insiders: 6 Sell, 2 Buy. No up date on the website, still April 1st reading !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
with Q2 of post presidential election, since 1950, gain of 5% (already 3.5 % in the firs 10 days LoL !!!
- Deviation : Daily - @15.37 % (80 % single pullback) weekly - @39.06% (76% single pullback)
and at the edge of a 54% double digits pullback.
- Candles Auto recognition : White Marubozu 84 % bullish move NEXT. Nothing 7 months for monthly.
- Putt/Call composite @.600 Vs. .597Vs. last week = Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 478329 Vs. 378667 big increase 25% up from last week.
- VIX : In our safe green zone, we hit 16.69 Vs. 17. 40 last week
Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 58.30 = No man's land, closer to up swing..
- DIX : 44% No man's land closer to a bottom or up swing.
- GEX : @ 22,999,000,000. 55% tops land, 35 % up swing 10% false signal. (HIGHEST READING IN 2Y)
- SPX : Above averages . We are getting 3 of them in the 90s very rare bullishness move here. !!!!
- NYSE: Above average nothing to mention.
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Key for this week :
1/ Bullish Barubozu Candle 84% success rate.
2/ Higher Deviation = Higher probability of a pullback.
3/ GEX is the highest in 2 years !!!
Are yo prepared for the next wealth transfer in XRP? XRP it's growing up in these days and we see how the monthly chart, but looking this monthly timeframe, that it's extremely bullish in XRP. This it's my alert for you if you hold XRP
Remember, if you want, you can to use Bybit to accumulate XRP just fund XRP in your Bybit account and trade the par XRP/USD if you're intersting to accumulate this cryptocurrency and achieved your goals how much XRP Do you decide to accumulate?
For example: I have near of 5,000 XRP coins that I buy in this year when XRP was in twenties cents in January 2021. Right now, my 4,734 XRP have a value over $5,000 USD. But, I thinking to achieved 10,000 XRP coins, but my goal it's to find up a little more of the half of 5,000 XRP just making trading in Bybit continue re-accumulating XRP coins.
Guys, Simpson it's predicted very well the future of XRP, for that, there's a lot you tube videos that it
s talking about how the business, institutionals and banks it's interesting to adopt Ripple technology. Ripple technology it's the way that XRP use to transfer and move money hand to hand to negotiate, for that, part of the next wealth transfer, could to reach in XRP. But well, XRP it's a cryptocurrency with big fundamentals that XRP could to work for all financial markets based in all in money. The Simpson predict that xrp worth $589 USD. And looking this price, if the Simpson prediction it's okay, a lot people will be millonaire with XRP. Well, in my case if I hold near of 5,000 XRP coins, and if XRP reach the $589 USD, I will being millonaire with XRP. approximately get a profit near of $3 million.
Now, looking in medium term, XRP could to continue exploding in the following weeks as XRP continue explodin more and more!!!
Bitcoin break out the simetric triangle; nest prediction $70,000At the moment, Bitcoin it's up and right now the price it's still above of $60,000 USD. But, as Bitcoin break out this simetric triangle, the price need to make a pull back approximately at $59,500 USD to then, have a confirmation using the price action to valided that Bitcoin going to run towad the $70,000 USD soon.
This it's the Daily timeframe and it's look bullish, we see more better this simectric triangle. for that, my latest trade was in short position and well, I predicted very well, but I knew that Bitcoin it's form a possible accumulation zone that today we break out this zone. Now, Bitcoin it's so bullish.
And also, I want to share this weekly timeframe, I see that the next movement in few weeks like 3-5 weeks, we can to leading toward the $100,000 USD psycological point. For that, this next movement it's so similar as we have in the past movement.
Guys, if you found out that this idea it's so interesting for you, share this analysis with others traders to know my perspective and join me and together we are going to fight ourself.
At the moment, my trades are EOS, Tezos and XRP. At the moment, I decide to buy Litecoin in my yesterday analysis. And I see that who follow my XRP analysis, right now, we're in profit and XRP price it's around of $1.25 USD. Tha it's amazing, my prediction work very well and so impecable.
SPX's weekly update first week of April. Historically A+ month.
- P/E : @ 40.93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.672 " Exactly like last "
- Insiders: 6 Sell, 2 Buy. Selling is down from 137. No activity here what so ever. Are they waiting !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
- Deviation : Daily - @13% (64% single pullback) weekly - @35% (76% single pullback)
- Candles Auto recognition : Nothing found 4 weeks in a row weekly, 7 months in a row for monthly.
- Putt/Call composite @.597 Vs. .764 Vs. last week = Less puts bought last week than the weeks before.
Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 378667 Vs 295309 big increase 30% up from last week.
- VIX : In our safe green zone, we hit 17.40 Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 65 = No man's land, closer to up swing..
- DIX : 40 No man's land.
- GEX : @ 5,857,000,000 "No man's land".
- SPX : Above averages . They had us going last week the break down of 50d MA. Was a Bottom !!!!
- NYSE: Above average nothing to mention.
www.tradingview.com
AAVE/EUR Weekly Analysis (03-04-2021)1D-Chart:
- Since it has already break above the 'Main Triangle Upper Resistance', there is a bigger chance that the price will go up.
- Supertrend: Already bullish
- SMA 20 & 50: Price already above both MAs, and soon MA50 will cross above MA20. Another bullish sign.
- MACD(12,26,9): Still bullish, no divergence.
- RSI14: Hidden divergence -> bearish continuation
According to those facts above, I think:
- Currently Bitcoin has been ranging at around $59,000 for a few days and it could break out anytime, so the bullish/bearish of AAVE would really depends on where Bitcoin is heading to.
- The market of AAVE prefers a bullish one, but being very cautious. So the price might goes up, but slowly. The minor Fibonacci channel (parallel with the Main Triangle Upper Resistance line) will come more in play.
Possible Resistance:
- Minor Fib Channel: Level 0.618 (current price)
- Main Triangle Lower Support: @366
- 1D R1: @372
- Minor Fib Channel: Level 0.786 (@384)
- Major Fib Channel: Level 0.236 (@384)
Possible Support:
- 1D Pivot: @320
- Minor Fib Level 0.382 & Major Fib Level 0: @290-305 area
Remember, this is the crypto market, and anything can happen. This is not a financial advice, but just my own analysis/thought.
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