Zoom has flirted around this level for a while now giving us a perfect opportunity to enter a long. In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted. See you at the Take Profits.
Greetings, TradingView Family! This is Richard, also known as theSignalyst. on Weekly: Left Chart 🏹 From a macro standpoint, Bitcoin has been predominantly bullish, characterized by higher highs and higher lows. Moreover, BTC is currently positioned around a robust support level at the psychologically significant round number of 25,000. 📌 As long as the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart ETH is still overall bearish trading inside the falling channel in red. This week, ETH broke below the 1650.0 support zone, hence we are expecting further bearish movement till the 1500.0 support. As ETH approaches the 1500.0 support which is...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on H4: Left Chart As per my last video analysis, BTC broke above the 26,200 previous major high so the bulls took over short-term. Now we are expecting a continuation till the 27,400 supply zone marked in red. on H1: Right Chart The bulls will remain in control, unless...
Tech stocks have been soaring, but can this outperformance be sustained or will this artificial intelligence (AI) driven boom mimic the internet explosion and subsequent bust of the 2000-2002 period? Today, gains in the sector are concentrated in large companies like Nvidia and Meta, with year-to-date (YTD) returns standing at 225% and 148% respectively,...
most hyped company back in the day the new radio satellite kinda like the BLOCKCHAIN METAVERSE NFT and Ai early stages a great Hype Cycle issue that is applicable to TECH STOCKS crypto narratives etc.. the initial phase is a classic 40x similar to Pre Ipo holders and pre allocation of iCOs the recovery stage is also similar wth a 100x ++ payout .. question...
Shares of PayPal lost nearly 82% of their value since the top in July 2021, and judging solely by this metric, one could consider the stock cheap. Nonetheless, there is more to it. In 2022, PayPal saw its revenue increase by 8% on a yearly basis and transaction volume grow by 16%. In addition to that, the company processed 22.3 billion payments and $1.36 trillion...
So you have this Local Double Harmonic setup with PPO Confirmation on the QQQ that is aiming for a 20-40% pull back which can be seen here: In addition to the setup above, you also have this longer term Ascending Broadening Wedge Pattern that goes all the way back to the beginning of 2016 and If the local Harmonic Plays out, we will likely hit the bottom Demand...
Last month I posted a setup that made the argument that NVDA was trading within the Pattern Completion Zone of a Bearish ABCD visible on the Monthly Timeframe and that all I was looking for was a Monthly PPO Confirmation Signal which would likely be triggered by a Bearish Negative Monthly Candle within the Zone; this situation remains the same we are still trading...
Snowflake, a Nasdaq company, has earnings looming post-market, which has IV on weekly calls and puts juiced to 150%. Yet people are still gambooling on the next big instawin. The problem is you'll blow your account and won't need TradingView anymore and won't be able to have any fun in your community. Really, a far better proposition if you want 5 and 8:1 odds...
Every time this index broke back above 30% the Nasdaq NASDAQ:IXIC ended its correction. Will it happen again? I don't know, but I'm not betting against it. Maybe #tech won't continue to lead as AMEX:XES and AMEX:XOP are the sectors leading right now and the Nasdaq has nothing in #energy. But still, stocks like NASDAQ:DBX and NYSE:PSTG are still...
NAS100 is rising towards the sell entry at 14995.37 which is an overlap resistance and could potentially reverse from this level to drop lower. Stop loss is at 15124.07 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 14720.41 which is a swing-low support that aligns with a confluence of Fibonacci levels...
Greed quickly became extreme at the end of July, and the beginning of August has severely punished bulls, who are still buying the dip and buying the dip. The July high on Nasdaq happened to occur along with the Dow and the SPX in that all three indexes swept out the January '22 pivot that amounted to a rejection that ended that unprecedented bull...
In this graph I show you all the accumulation phases bitcoin has been in so far. An accumulation phase is a stage that all assets go through. After a prolonged period of growth, the asset declines and enters an accumulation phase. It's during this time that savvy investors buy in, anticipating the next upward trend. It's important to note that we might remain...
Upside: 15172 → 15260 → 15333 → 15444 → 15582 Downside 14995 → 14947 → 14888 → 14810 → 14656 Technical Analysis: Similar to ES, NQ had a down week and closed right on its bullish trendline support tracing back to the lows made in March of this year. NQ had a much weaker close than ES, finishing down 0.69% in Friday's session. I am looking to see if NQ holds this...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* This afternoon my team purchased shares of Chicken Soup for the Soul ...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* This afternoon my team purchased shares of FinTech company Marqeta $MQ at $4...
While market was overreacting from the Fitch downgrade of the USA, traders did what they do best, they traded and analyzed. After a short holiday, I am back with monitoring markets and checking for some nice profit making possibilities. Therefore, I found a good play in making, Samsara Inc., ticker IOT. Things to consider when looking into this new tech stock...