$NAS100 / $QQQ – The 200 SMA Breakout... or Bull Trap?📈 Nasdaq just charged through the 200-day moving average like it wasn’t even there. But if you zoom out, this level has acted as a brick wall before — and we may be walking straight into a trap.
🔍 Key Observations:
The last failed breakout above this zone led to a major rejection.
We're back at horizontal resistance from prior tops.
Price action resembles a Rope-a-dope move — run up, suck in longs, then rug pull.
⚠️ No real breakout without confirmation + volume. Don’t let the short-term green candles distract you from the macro ceiling above.
Moving Averages
Bitcoin Dominance is testing the monthly 100 EMA — and stalling.Bitcoin Dominance is testing the monthly 100 EMA — and stalling.
Price action shows clear hesitation at a key macro level.
If this holds, alts could catch a bid for the first time in months.
Break it? Altcoins stay sidelined.
Critical moment for market rotation.
$TSLA – Base Breakout Setup with Dual Entry StrategyTesla ( NASDAQ:TSLA ) is coiling up, forming a classic base breakout setup with a dual approach for traders who want precision:
🔹 Support Zone Entry (280-285)
Shaded area = the zone between the 9 EMA (blue) and 20 EMA (yellow) — a key dynamic support area.
I'm taking a starter position here with a stop just below yesterday's low for tight risk control.
🔹 Breakout Confirmation (Above 295)
Full size only if we see a clean breakout above $295, confirming momentum.
This is where I’ll add size, looking for a strong continuation.
🔹 Execution Plan
Starter position: Shares and options at support zone ($280-$285).
Full position: Add at breakout ($295) with a mix of shares and options.
Risk: Tight stop below yesterday's low for the starter position.
⚠️ Risk Management: Always respect your stops — discipline over hope.
[XAUUSD] Daily Analaysis 12 - 13 May 2025Continuing my mapping in the previous post, H4 GOLD turned out to be stronger and brought GOLD down to support 3195 - 3238. Of course, today's large decline will be followed by a fairly high correction as well. Anticipate GOLD which will correct to the previous low at 3282.
With the confirmed downtrend pattern, the SELL Area 3262 - 3290 is worthy of our SELL position again.
EURCHF Sell - May 12, 2025Risk : Full 1%
🧠 Reasoning:
Price reacted from Daily EMA, with a strong wick rejection and bearish engulfing.
Entry at 15m imbalance left behind inside a 15m POI.
🎯 TP:
First TP at Asia lows, 1:3 RR → take off 75%
Final TP at second Asia low or gap, close to 6RR
📉 Bias: Bearish | Risk Management: Partial close at 3RR
MSTR (Strategy) coming up to $395, the smaller resistance levelNASDAQ:MSTR has rebounded from the bottom fairly fast compared to other stocks and indexes. It's even performed better than Bitcoin itself. However it should be hitting heavy resistance now near 395-400 and above is only heavier resistance. It's time for a pullback and a breather for MSTR. Target is the Point of Control near $350, before going higher. However we could turn bullish again before reaching $350
I personally know someone who played with fire by buying MSTR options calls while it was dropping before, meaning he was trying to catch a falling knife and got burnt finally. He lost nearly $500,000 because of it. So I don't mess with options personally, however I will margin trade with stocks and trade futures, forex and leverage trade cryptocurrencies.
$TOTAL Crypto Market Cap Massive Weekly Close Above 20WMA Massive Weekly Close for the CRYPTOCAP:TOTAL Crypto Market Cap above the .618 Fib and previous cycle's ATH.
RSI still has room to push higher to retest this cycle's ATH.
Price also closed above the 20WMA, which was the signal for the +70% Nov '24 Trump Pump 🚀
UpOnly Season for every coin only happens when the TOTAL Market Cap goes HIGHER.
Otherwise we are stuck in a rotational cycle, where money from one narrative pumps then moves onto the next
ie RWA, DePin, AI, Memes etc
PLTR – Flat Top Breakout + Earnings Gap ReversalNASDAQ:PLTR – Flat Top Breakout with Earnings Gap Reversal
Palantir ( NASDAQ:PLTR ) is setting up for a potential explosive move, combining two of my favorite setups:
🔹 Flat Top Breakout (ATH Setup)
Price is pressing against the $126 resistance, a clear flat top breakout level.
A clean move above this triggers a breakout to new all-time highs (ATH).
🔹 Earnings Gap Down Reversal (Bullish Signal)
Recently, PLTR gapped down on earnings — but bulls stepped in fast, pushing it back up.
This is a classic gap down reversal setup, a strong signal of bullish momentum.
We saw the same setup play out on NYSE:SPOT , which reversed after earnings and broke out to ATH.
🔹 My Trading Plan:
1️⃣ Anticipatory Entry: Looking to buy dips into the shaded cloud zone (dynamic support).
2️⃣ Breakout Confirmation: Add size on a clean breakout above $126.
3️⃣ Stop Loss: Tight stop below the cloud zone to protect capital.
🔹 Why I Love This Setup:
Gap reversals signal aggressive buying even after bad news — a sign of a strong market.
Flat top breakouts tend to have explosive follow-through, especially with earnings momentum.
OKLO – Base Breakout Setup with a Twist: The Inside Candle CombOKLO is shaping up for a powerful move, and this setup has my attention for a dual-play approach:
🔹 Base Breakout Setup (Primary Entry)
Already in from the initial base breakout around $25, which I shared last week.
Momentum kicked in with that strong May 6th thrust.
🔹 Three Inside Candles (Power Setup)
Since that momentum spike, we've seen 3 consecutive inside candles — a textbook signal of price compression.
Price is hugging the 9 EMA (support zone), a bullish indicator of strength.
🔹 My Trading Plan:
1️⃣ Starter Position: Already in from $25.
2️⃣ Add Position: On a clean breakout above the high of the inside candle range.
3️⃣ Stop Loss: Tight stop below the 9 EMA — keeps risk tight while capturing the breakout.
🔹 Why This Setup is Special:
Inside candles indicate a tug-of-war between buyers and sellers, but with price holding strong above 9 EMA, the bulls have the edge.
Breakout + inside candle combo = explosive potential.
⚠️ Risk Management: Discipline over FOMO — tight stop, but aggressive on breakout.
$BTC Post Death Cross PA Has NOT Confirmed 200DMA - Must Read!Throughout Bitcoin's history it has had 11 Death Crosses (50DMA crossing under 200DMA), and 10 of those times price has retested the 200DMA within ~3 months (with 1 outlier).
Do you know what time it did NOT retest the 200DMA? You might have guessed it… this most recent death cross ☠️
The only outlier that price did not retest the 200DMA within ~3 months was in 2015, where it took nearly a year to retest.
In that time, CRYPTOCAP:BTC ripped 200% just 75 days later, which marked the start of the PARABOLA.
This is why I have been so adamant with sticking to my base case for Bitcoin’s next move.
Is this time different? 🥸
Will it take nearly a year to retest the 200DMA?
An interesting observation I found was that if we take 90D from the most recent death cross, it brings us out to July 6th, which is right around when the 90-day pause of tariffs is lifted 🧐
Having said all that, if PA confidently breaks above and confirms previous ATH (~$110k), I will lean towards the 2015 outlier for the 200DMA retest, which would put us into late Q1 2026.
That would line up nicely with a suspected top of the cycle 🥲
AUDUSD Buy Trade IdeaOverview:
AUDUSD has broken above a key weekly resistance level and is now holding above it, turning the level into support. This suggests a potential shift in higher timeframe structure.
Daily Chart:
The daily chart shows a clear breakout above the weekly resistance zone, followed by a healthy retracement back to retest the new support. Price action is respecting this level so far, reinforcing bullish bias.
4H Chart:
Despite the higher timeframe bullish structure, the 4H chart remains in a short-term downtrend. However, selling momentum is showing signs of exhaustion—with smaller candles, wicks to the downside, and slowing RSI/MACD signals.
I will wait for a trendline break or a higher low formation to confirm the end of this pullback before entering a buy.
Plan:
✅ Bias: Bullish
🔍 Entry: After confirmation of 4H downtrend break
🎯 Targets: Next resistance zones on daily
📉 Invalidation: If price closes back below weekly support
Nifty 50 Daily Chart Analysis – May 10, 2025Nifty showed strong resilience in the face of initial geopolitical tensions, with bulls managing to push the index higher despite macro uncertainties. This signaled underlying strength and suggested that the market wasn’t ready to roll over just yet.
However, looking at the current structure, the recent price action hints that bullish momentum might be losing steam. The index faced selling pressure after attempting new highs, and the price has started to retrace.
🚩 Key Level to Watch: March High
The March high now becomes a critical decision point. As long as Nifty sustains above this level, the broader bullish structure technically remains intact. But—and this is key—a decisive close below the March high followed by sustained price action beneath it could trigger a deeper correction.
📉 If that breakdown happens, we could see:
A gap fill play unfold
A possible move toward the demand zone near 23,000
And if sentiment worsens, a retest of the “election candle” low near 21,200 could be on the table
🎯 Conclusion: Bulls are clearly getting tired. Momentum is fading. March high = make-or-break level. Below that, the path of least resistance might shift downward, and the market could slip into a corrective phase—possibly until election-related clarity emerges.
RSI 101: The Secret of RSI’s WMA45 Line and How to Use ItIn my trading method, I use the WMA45 line together with RSI to help spot the trend more clearly.
Today, I’ll share with you how it works and how to apply it — whether you're doing scalping or swing trading.
Why WMA45?
WMA (Weighted Moving Average) is a type of moving average where recent prices are given more importance.
WMA45 simply means it takes the average of the last 45 candles (could be 45 minutes, 45 hours, or 45 days depending on your chart).
Because it moves slower than RSI, it helps reduce the “noise” and gives you a better idea of the real trend.
This idea is not new — many traders have tested RSI strategies also use this line. I just applied and adjusted it in my own way.
👉 How to set it up on TradingView (very simple):
What WMA45 Tells You
Trending
This line shows you the overall direction of the market:
📉 If WMA45 is going down, the price is likely going down.
📈 If WMA45 is going up, the price is likely going up.
Also, the steeper the line, the stronger the trend is:
Looking at the example above, the WMA45 line starts from the same level in two different phases, but the slope is different. The steeper line shows a larger price range.
This happens because the price was more volatile, which caused the RSI to move more sharply, and that, in turn, made the WMA45 slope steeper.
In multi-timeframe analysis, when the trend on the higher timeframe is strong (shown by a steep WMA45 line), the RSI on the lower timeframe will usually move within a tighter range and react more accurately to key levels.
If you’re not sure what these key RSI levels are, check out my previous post here:
For example, in a strong downtrend on H1, RSI on M5 might not even reach 50:
✅ What does this mean for trading?
Use WMA45 on higher timeframes to define trend bias.
On lower timeframes, watch RSI responses at key zones for optimal entries.
When holding positions, WMA45 helps determine whether to stay in the trade.
Moving Sideways
Here’s something important to note: when WMA45 is flat, RSI will keep crossing back and forth over it.
Depending on where WMA45 is flat, RSI tends to move within that range and creates different sideways price patterns. Here are the main types:
Around 50 → price moves in a box: According to RSI theory, the 50 level is the balance between buyers and sellers. RSI fluctuating around this causes price to move sideways in a rectangular box range.
Above 50 → price goes up in a rising channel: Above 50 is where buyers dominate sellers. RSI operating in this zone will continually create bullish candles pushing the price upward.
Below 50 → price goes down in a falling channel: Below 50 is where sellers dominate buyers. RSI in this zone will consistently form lower highs and lower lows, pushing the price downward.
Trend Reversal of WMA45
WMA45 is calculated from the average of 45 candles, so it's almost impossible for it to reverse direction suddenly. When it's sloping (trending), it takes time for RSI to fluctuate enough to "flatten" it before it can reverse.
As shown in the example, after WMA45 slopes up, before it turns downward, RSI must cross back and forth through it to reduce the steepness => flatten it => then reverse.
Does this align with Dow Theory? It represents the phases: Trend > Sideway > Trend. Sideway is when the WMA45 line is flattened.
✅ What does this mean for trading?
After a trend forms, if you want to enter a counter-trend trade, patiently wait for WMA45 to flatten to confirm the previous trend has ended.
Dynamic Support and Resistance
In addition to being a trend indicator for RSI, WMA45 also serves as a dynamic support/resistance level for RSI.
You will often observe RSI reacting when it encounters the WMA45 line.
In an uptrend, WMA45 acts as support for RSI.
In a downtrend, WMA45 acts as resistance for RSI.
Notably, if the reactions occur at higher RSI values, the resulting price support is stronger. Conversely, if reactions happen at lower RSI values, the price is pushed down further.
In the above example, in the first reaction around RSI 60s, RSI dropped by 9.6 points and price dropped by 12 points. In the second reaction at RSI 40s, RSI dropped similarly, but the price dropped by 25 points.
✅ What does this mean for trading?
You can use WMA45 as an entry zone for your trade: Wait for reactions with WMA45 on the higher timeframe, then switch to a lower timeframe to find a trade entry.
Use WMA45 as a take-profit or stop-loss level: For a short trade near WMA45, you can stop out if RSI crosses above it.
When monitoring these reactions, pay attention to the number of reactions—more reactions require more caution in trading.
Some Trade Setups Using WMA45 and RSI
1. Intraday trading
Trend: Follow the trend on the H1 chart.
Entry zone: At WMA45 of H1.
Entry confirmation: 2 methods:
On M5: when WMA45 of RSI is already flattened, and RSI has crossed above WMA45.
On M5: when a divergence appears in RSI.
2. Scalping
With the RSI’s reaction to WMA45, even on smaller timeframes (M1, M5), you can scalp when RSI touches WMA45.
When WMA45 has a slope and RSI returns to touch it, you can enter a trade with SL behind the candle close (10–20 pips to avoid stop hunts and spread), and TP to the nearest peak.
As mentioned, the first touch gives the best reaction.
My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.
ONDOUSDT – Short-Term Technical OutlookONDOUSDT – Short-Term Technical Outlook
ONDO is currently bouncing from its key support level, indicating a possible short-term upside move of 3.67%, targeting the $0.8854 resistance.
If the price breaks above this resistance with strength, the bullish outlook could extend further, and the analysis will be updated accordingly.
The nearest support zone lies at $0.8213, which is approximately 3.84% below the current price and could act as a secondary entry level in case of a pullback.
🟢 Support: $0.8213
🔴 Resistance: $0.8854
Flight wish for TRX currencyTRXUSDT – 4H Technical Analysis
TRON is showing signs of a potential bullish move on the 4-hour chart, with upside potential of around 2%, targeting the $0.25 resistance level.
Once this key resistance is tested, the analysis should be updated to reflect the next possible direction.
The main support level lies at $0.2428, which aligns with the bottom of the ascending channel and also acts as a static support zone in this timeframe.
🟢 Support: $0.2428 (channel support + static support)
🔴 Resistance: $0.25 (short-term target)
WEX Inc | WEX | Long at $180.00NYSE:WEX Inc has a 40.8M float and recently initiated a $300 million share buyback. The stock has been in consolidation mode for some time and is playing "nicely" along my selected historical simple moving average (SMA). Recently, it may have double-bottomed off this SMA and, given the buyback, may move progressively up toward the $230's where there is a large price gap on the daily chart. It is currently in a personal buy zone at $180.00.
Target #1 = $209.00
Target #2 = $231.00
WM Technology | MAPS | Long at $1.00WM Technology NASDAQ:MAPS provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. After it's de-SPAC in 2020, it soared to $29.50 and now can be found for around $1.00. It's been consolidating at these lows for almost two years, and it may be gaining algorithmic traction for a move soon based on my selected simple moving average (SMA). Often (but not always), when this SMA gets close to the price, there is a pop to the historical SMA. Currently, it is in a personal buy zone at $1.00.
Target #1 = $1.50
Target #2 = $2.00
Charter Communications | CHTR | Long at $353.00Charter Communications NASDAQ:CHTR has hit the bottom of my historical simple moving average band. It may consolidate for a while around the current price or dip in the near-term (potentially in the $270's), but dropping interest rates will be extremely beneficial for telecommunication companies in the long-term. There are two open price gaps on the daily chart ($700's) that will inevitably close - just a matter of when. With a 90M float and 12% short interest, it's a stock that could get interesting if upward momentum takes over. Earnings and cash flow growth are anticipated through 2027, so at $353.00, NASDAQ:CHTR is in a personal buy zone.
Target #1 = $400.00
Target #2 = $500.00
Target #3 = $600.00
Target #4 = $700.00
Target #5 = $740.00