Netflix loosing momentum and is likely to rebound to fibonacci levels before breaking the ATH. A rebound on the quickest Moving Average 38D will most likely trigger a breakthrough, while a rebound on the second quickest Moving Average 100D will recouchér back down up until recent down levels - Netflix would enter a sideway zone. A rebound is prone to happen due a...
Airbnb bounced earlier in the month, and some traders may look for more upside. The first pattern on today’s chart is the rally on November 14 after ABNB acquired an artificial intelligence (AI) company to accelerate its projects. ABNB then formed a bullish inside week, which can signal continuation of the move. Second, prices have pushed above the 50-day simple...
The 30m chart has fallen close to the low. Later in the US trading time, I will observe the support near 2012-2007. Regarding the trading direction, my idea is to go long first and then go short. The main reason for going short is that the 2h and 3h charts are still more bearish. If the market changes, we will make adjustments. good luck!
AMEX:SPY November 28, 2023 15 Minutes. A no-trade day for me as expected. Considering the rise of 451.96 to 456.38 AMEX:SPY is now near 9,21,50 and 100 averages. I expect the 100 to be broken today for a target of 453 levels which is approximately 200 averages. In these movements, indicators cannot give a clue. Pure price action is to be followed. If you...
As we have said in previous posts, an exit above 0 in GaussianAO is quite a bullish sign and will take us to the 0.61 mark before the halving.✅ Since we have already broken out of the channel, I would expect a descent back into it, which means that even before the halving we will see one consolidation with a possible retest of the ~33k zone. Closer to Q1 2024, I...
XRPL Labs' Wietse Wind hints at Xumm Wallet's Mastercard integration, boosting digital asset transactions and security. In a significant development for cryptocurrency wallet users, Wietse Wind, the founder of XRPL Labs and the creator of Xumm Wallet, has announced plans to integrate Mastercard debit card functionality into the Xumm wallet. This update revealed...
Hi Traders! AUDUSD continues to trade with bullish momentum, and there is potential for further upside targets as the market has broken above its three-month range zone. Price Action 📊 After breaking above the range zone resistance at 0.65230, the market re-tested the resistance break as support, and the support held successfully. The price action looks very...
This weekly chart has freshly drawn fib retracement levels. You will immediately notice that BTC has had 2.5 weekly candles above the .382 which means the asset is heating up from a low of 15k. The EMA trio are all facing upward and RSI broke a downtrend, the dotted line on the RSI is a high from 2021 for reference. Bitcoin has had a lot of excitement around this...
🏃♂️The DXY index is moving in the 🟢 Support zone($103.78_$102.93) 🟢 near the SMA(200) and 1 00_SMA(Weekly) . 🕯If we want to look at the last three daily candles of the DXY index from the candlestick pattern, we can see the reversal patterns of Hammer and Morning Star very well. 💡Also, another sign that shows us the end of the downward trend of the DXY...
Setup taken after my 3 potential setups did not trigger Reason behind the trade; Market had a bearish momentum on Tuesday and broke Daily structure HL and created a LL All my structure Time frames were in synch Took advantage of the opportunity and waited for a pull back into an AOI Daily Rejection at the AOI H4 EMA retest As always; REMEMBER: Trading is a...
Entry ma 200 line until previous day close. TP and SL in chart. Don't rush in, be careful with BTC movements. Good luck #nfa
Keep an eye on Motus, After reversing off S1 weekly pivot as well as the 200wma, chances are good for a range trade back to the top of the box between R105-R108. Entries between R87-R92 (closer to R87 the better), Stop loss a move under R82, with targets at R105-R108. If you manage to enter around R88 thats a R6 risk for a potential move of R17 to R20 to target,...
At the moment I'm looking at a short on 2nd wave correction as part of an ultra bullish move up. DYOR and Good luck!
Hi Traders, Investors and Speculators of Charts📈📉 I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from a "holistic view" that would include things such as growth and inflation. A ...
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Dear Esteemed TradingView Members, I n the ever-evolving world of finance and trading, staying ahead of the curve is essential for success. If you're part of the exclusive audience of elite business professionals and investors, you understand the importance of precise market analysis and informed decision-making. In this article, we delve into the intricacies...
I n the ever-evolving realm of finance, artificial intelligence (AI) is emerging as a powerful tool for investors. By leveraging AI's analytical capabilities, investors can gain insights into complex market dynamics, identify subtle patterns, and make informed trading decisions. In this article, we will delve into the intricate stages of a downtrend, applying AI...
AVAX has been sipping off these demand zones like its going out of style. My last 3 4 hour demands were perfect supports. I drew a trend line that I believe will hold for a while assuming BTC behaves itself. AVAX was rejected by the .618 fib level and is looking to take another shot at that teal horizontal. I do like to see multiple supports converging and we have...