aaronkaltman

aaronkaltman

🚀 Trade Idea: Long AST SpaceMobile ( NASDAQ:ASTS ) with a strong breakout setup forming just above the Ichimoku cloud on the daily chart. 🔍 Technical Breakdown: Ichimoku Cloud: Price has cleared the cloud, signaling a bullish trend shift. The Tenkan-sen (conversion line) is trending upward, supporting momentum. Breakout Level: Clean break over horizontal...

aaronkaltman Updated 

ETHUSD – Is This the Breakout Setup We've Been Waiting For? ETH is coiled up with a 4.12 R/R setup and strong cloud support holding. MACD still bullish. RSI cooling off. If this breaks out, $2,400 is on the table. 🚨 Would you take this trade? 💬 Drop your price target in the comments. 📈 Like if you’re bullish ETH. 🔁 Share if you see the same setup. #ETHUSD...

aaronkaltman

Chevron ( NYSE:CVX ) is setting up for a potential bounce from strong support around $134.96 (S2 level). The trade aligns with both technical and fundamental tailwinds: 🟢 Technical Setup: Holding just above S2, showing signs of base formation. Clear risk/reward box: Entry: ~$135 Target: $150.05 → ~+10.5% Stop: $133.73 → ~-2.4% R:R Ratio: ~4.6:1 MACD histogram...

aaronkaltman

SHIB just broke out of consolidation with bullish MACD momentum and support from the Ichimoku cloud. I’m long with a 3.6 risk/reward, targeting a move back toward 0.00002129 and above. Entry at 0.00001327, stop at 0.00001032, targeting 0.00002406. RSI is recovering from oversold, and the chart structure shows higher lows—early signs of trend reversal. Follow for...

aaronkaltman

I see a clean inverse head and shoulders forming here, with price pressing against resistance and volume firming up. MACD is curling bullish, RSI recovering, and price is above the cloud. I’m buying here and collecting the dividend while I wait. Break above $58 could trigger a strong move toward R1 ($61) and possibly R2 ($65). Let’s see if O explodes like it wants to.

aaronkaltman

Technical Analysis: Signs of a Bottoming Out USD/CAD’s technical picture is beginning to shift from bearish to cautiously bullish. Let’s start with what the daily chart is telling us. Over April, the pair’s decline started to stall around the 1.3780 – 1.3810 zone, which corresponds to a second support level (S2) on pivot point charts. In fact, 1.3780 has been...

aaronkaltman

ETH/USD is pulling back within a strong upward channel, currently testing key support near $3,037.82. This level aligns with the lower trendline, offering an intriguing setup for the next move. While the MACD signals bearish momentum, the overall structure suggests a potential bounce if buyers step in at this critical support. I'm keeping a close eye on $3,987.60...

aaronkaltman

This trade setup for DOGE/USDT highlights a bullish continuation opportunity. The price is consolidating above the key support level, with Ichimoku indicators signaling an ongoing uptrend. A breakout above the recent high supports the bullish bias, targeting the resistance zone near $0.6990. The stop-loss is set below $0.3560, ensuring risk is managed effectively....

aaronkaltman

Summary: Advanced Micro Devices (AMD) is currently demonstrating a strong bullish outlook, driven by several key factors that make it a compelling investment opportunity for 2024. Product Launches: Ryzen 8000G Series: AMD has introduced the Ryzen 8000G Series desktop processors, featuring advanced AI capabilities with Ryzen AI and the Zen 4 architecture. These...

aaronkaltman

Summary: The MJ ETF (ETFMG Alternative Harvest ETF) is shaping up to be a highly promising investment, driven by favorable regulatory developments and robust technical indicators. The cannabis sector is on the brink of a significant boost with the potential reclassification of marijuana from Schedule I to Schedule III by the DEA. This regulatory change could act...

aaronkaltman

A Trader's Perspective: Unpacking the Market's Ebb and Flow Hey fellow traders, I've been keeping an eye on the charts and I wanted to share my take on the latest price action. It's been quite a ride recently, with the market throwing us some curveballs. We've seen our share of ups and downs, but there's something about the way prices bounced off the low of...

aaronkaltman

In a technical analysis forecast that could signal a turnaround for Apple Inc., the charts are indicating a potential shift in momentum. The falling wedge pattern observed is suggesting a consolidation phase that could prelude a bullish reversal, aligning with the optimism surrounding the company's innovative trajectory. With Apple's stock price currently testing...

aaronkaltman

GBP/AUD is presenting an intriguing short opportunity on the weekly chart as the pair inches towards a key resistance zone near the 1.95000 handle. The currency pair's recent uptrend is losing steam, with a clear resistance level forming, offering an advantageous entry point for a short position. Observing the convergence of the downward trend line and the...

aaronkaltman

EUR/NOK 4H Chart Analysis: Exploring Cycles and Sine Waves In this EUR/NOK 4-hour chart, we've delved into the fascinating world of market cycles and sine waves to hypothesize future price movements. By closely examining the rhythmic patterns of the market and applying cycle analysis tools, we aim to capture the essence of the currency pair's fluctuations. The...

aaronkaltman

Delving into the technical intricacies, this extended monthly BTC/USD chart meticulously plots Bitcoin's valuation against the U.S. Dollar with a key focus on Bitfinex's exchange data. It goes beyond mere historical analysis, incorporating a mathematical model with a sine wave overlay that suggests potential cyclicality in Bitcoin's market behavior. This blue sine...

aaronkaltman

Testing my random forest regression model - this is the prediction for a week out.

aaronkaltman Updated 

Here on the monthly chart things are looking pretty good for a buy at least from here to the pivot point but I imagine much beyond as well.

aaronkaltman Updated 

As I delve into the world of Bitcoin's technical analysis today, I can't help but feel a sense of optimism. The charts are whispering a bullish tale, and it's hard to ignore the signs. This, my fellow traders, looks like a fantastic time to consider a long position. Let's talk about the MACD (Moving Average Convergence Divergence) first. It's one of my favorite...