As we warned in our last study, resistance at 265 was extremely dangerous, and prevented the uptrend from persisting. In addition, TSLA's price lost critical support levels, which reversed the trend in the short term, materializing the pullback on the daily chart that I mentioned in my last public study here on Tradingview, the link to which is below this...
It formed a bullish flag pattern A small retracement between the support zone i.e ($62k - $64) happened From this point we can see upside movement Unless there are bad news coming In that case $60k can be seen
the best chart of the all king's . . . long time . . .
In this video I go over the Adobe Stock coming back to the 9 Emma moving average. I'm looking for the price to come back a little bit and close just below or on the 9 EMA and then as soon as Thursday or Friday happens, I want to see the price go back above the 9 EMA and then buy to enter the position long. Adobe is considering a mega cap, and the mega caps are...
Traders, This recent drop in Bitcoin price has caught many traders (including myself) off-guard. Unfortunately, we cannot always get it right and when we do get it wrong, it is important that we drop any preconceived ideas we hold and honestly re-evaluate potential price action. So, that's what we are doing in today's video. We are only going to look at Bitcoin,...
The new week is here and bitcoin has successfully re-tested the 100EMA line, which was broken on June 23rd. As we see a new daily candle (which is also an opening day for the week + month), we are seeing a nice rejection from 100EMA so far, which is working rather well. We are waiting to see a re-test of local lows at the $60K zone and a movement to lower...
USDNOK is sideways for the last two years that looks like a larger triangle within uptrend. It's an ABCDE pattern where wave E can be in play as pair stops at the upper side of this contracting range. Ideally, market is coming down for a pullback within higher degree wave E, where pair can complete the sideways price pattern. So for now, seems like there is room...
Short XAUUSD Trading Position on 30 min timeframe Initial Take Profit: 2303.45 SL: 2340.50 Gold shows a possibility of a bearish movement after breaking an ascending trendline. The price has fluctuated just underneath a 4-hour structure break. It is expected to continue below the shown trendline and reach the previous day’s bottom again. The trend lines drawn on...
Great day today although maybe not the best conditions depending how you trade. I was able to catch a second chance entry for an Anty setup. Although price did not follow through with the trend, I caught the second leg of the attempted continuation. Price trailed up above yesterdays high and then came to a swift collapse back down below followed by a repeated...
Short-term & small sample, but an interesting pattern nonetheless... If we look back at similar events to Thursday's action, they've all been short-term tops in the market. We're looking at: (1) Gap up open on a Thursday; (2) Bearish reversal closing near the lows of the day; (3) Increased Volume from the prior day(s); (4) Preceded by a good run in the...
This is getting interesting. Looks like a breakdown a very bearish. But if the weekly candle closes up within the triangle that would be a bear trap. And it would be very possible that bulls try to break up the triangle. Let's see how the week closes and next week I'll have more clarity on what to do next.
we can have a long trade in pullback! i try it :) because of the high risk, This idea is'nt recommended, but it's suitable for the low volume of the test. At the end of the week, NotCoin's movement will end with the closing of the one-day candle (as well as the weekly candle) in the price range of $0.03000.
Stock Analysis Global Health Ltd (MEDANTA) is forming a double bottom pattern. This setup offers a very favorable risk to reward ratio. Trading Strategy Entry Point: Look for a breakout above the 1500 level. Target and Stop Loss: Levels are plotted on the chart for guidance. Stop Loss: Set your stop loss as indicated on the chart. Target: Follow...
Hey traders! JASMY has been on a strong run lately, reaching highs of $0.2890 on the daily and 4-hour charts. However, it's natural for any asset to experience pullbacks after a significant climb. In this case, JASMY found support around the 50% Fibonacci retracement level, which often acts as a historical buying zone. This area also coincides with daily...
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...
Der Dow Jones Industrial Average hat Geschichte geschrieben und kurzzeitig die 40.000-Punkte-Marke zum ersten Mal überhaupt durchbrochen! Diese bemerkenswerte Leistung unterstreicht den starken Aufwärtstrend, der den Markt derzeit antreibt. Lass mal einen kurzen Blick darauf werfen. WHSELFINVEST:WALLSTREETCFD Gleitende Durchschnitte bestätigen Stärke: Der...
Price is still moving in our predicted direction as we planned in higher timeframes. Here is a medium-risk position. Ps. Leave your comments and thoughts.
It seems like a huge pull back, but bitcoin has certainly had several pull backs of 20% in the upward trend in the 2023/2024 Now I am not saying that the short-term downtrend is over. As long as bitcoin does not pass $48,000 there is no reason to think the hype is over