aaronkaltman

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...

aaronkaltman

Apple Inc. stands as a behemoth in the tech industry, with its diverse product ecosystem and strong financials, making it a tempting pick for many investors. On the chart, AAPL is currently hovering near a potential support level around $172, suggesting an area where the stock has previously found buying interest. However, while the temptation to start...

aaronkaltman

The AUD/USD pair is currently perched above a notable support level around 0.62705, showing potential for a pullback. Despite the recent upward tick, as indicated by the small green zone above the current price, this may not represent the optimal entry for a long position. The histogram's diminishing bearish momentum and the stochastic oscillator's uptick suggest...

aaronkaltman

The EUR/NOK pair is showing classic signs of a resistance ceiling at the 11.47 mark, coinciding with the peak of a visible cyclical pattern on the monthly chart. This level has historically acted as a strong barrier, repelling bullish attempts. The MACD indicator echoes this sentiment, with the histogram exhibiting a bearish crossover, potentially signaling...

aaronkaltman

Oportun Financial Corporation (NASDAQ: OPRT) seems to be showing signs of a potential reversal. The stock has recently experienced a sharp increase in price with a 25.27% gain, which is evident on the chart. The momentum is further supported by the RSI showing an upward trajectory. The stock appears to have bounced back from its support level around $3.57. The...

aaronkaltman

Chart: Block, Inc. 1M Block, Inc. has seen a sharp decline, currently trading at $64.64 which is down by 19.73%. The price is depicted by the jagged green line, and it's notable that it has broken through the orange trendline which has acted as support in the past. Reversal Zone: The horizontal dotted line near the $64.64 mark is of great interest. This price...

aaronkaltman

Chart: EUR/USD 4h Key Observations: Price has experienced a pullback to the 200 Simple Moving Average (SMA), which is the blue line on the chart. We are looking for a close below this 200 SMA as a trigger for our short position. The green line represents the price, which is currently testing the 200 SMA. Significance of 200 SMA: The 200 SMA is often considered...

aaronkaltman

The Model: My model is a multi-indicator system that aims to take the strengths of MACD, SMA, EMA, and RSI to predict price movements over a 4-hour period. The MACD helps in identifying the strength and direction of the trend, SMA and EMA give insights into potential support and resistance levels, and the RSI measures the momentum and possible overbought or...

aaronkaltman

Company Fundamentals: Nikola Corporation is an American company specializing in the development of zero-emission vehicles, with a primary focus on electric and hydrogen fuel cell electric semi-trucks. The company has faced a fair amount of controversy in the past regarding the feasibility of its technology. However, it seems to have weathered the storm and is...

aaronkaltman

Long on USD/CHF: I am bullish on USD/CHF based on a combination of my proprietary regression model and the RSI DCA (Dollar Cost Averaging) strategy. Regression Model Signal: The black line on the chart represents the predictive output of my regression model. This model has historically been robust in identifying potential reversals. Currently, it suggests a...

aaronkaltman

Description: Hello Traders! Today, I'd like to present an intriguing opportunity on the USD/MXN pair. I believe we are at the precipice of a potential rally based on my RSI strategy. Technical Analysis: Relative Strength Index (RSI): A significant component of my strategy is the RSI. As you can see from the chart, the RSI is showing bullish divergence. It has...