This an idea I want to share regarding the indincator I am using here. It is called WMRT Weighed Moving Range Trading, the picture shows the signals clearly. There are circles and triangles showing the maket swings. This is an indicator I want to share with all the trading community, specially for those who are looking for a chance to break the wall. This is my...
CCLD is shown on a daily chart with the only indicator being a volume profile. Horizontal lines are drawn from some prominent pivots. As a microcap CCLD has more volatility than the big name IT/AI stock. It also has upside as it is currently priced at 15% of the all time highs in 2021. The initial target is 3.5 based on the low volume consolidations of the...
BINANCE:NFPUSDT Hello dear traders. Follow for more analysis and positions. Long position on NFPUSDT Daily ⏱mid-risk status: 2x - 5x Leverage ⚡️TP: 0.5011 0.505 0.51 0.515 0.52 0.525 ➡️ SL: 0.485 The Alternate scenario: 🔴If the price stabilize below the 0.49, the setup will be cancelled
It just tagged its 1.618 fib extension completing a 1-2-3 setup 3 wave move to the upside, its going to try to rise above the 50 day sma (in gray) but it may retrace as it comes down before it jumps up above it like Bth, Eth, Sol, and all the other alts are doing at the moment with some offsets in time. Aside from an ABC pullback, its setting up a larger 1-2 3...
AVAX is finally exiting the weekly demand zone and consolidation phase on this BTC pump. I expect a steady push towards 60 dollars over the next few weeks. There is a ton of resistance between 41-43$. AVAX is finally back above the EMAs, that with the reversing stochastic on the weekly show the pivot. Short-term: 43$ area Medium-Term: 60$ Year target over 100$
Dollar General fell sharply in 2023. Now, after a period of consolidation, some traders may see further downside. The first pattern on today’s chart is the large bearish engulfing candle on March 14, which occurred despite results beating estimates. The discount retailer stalled below that session’s high in April. This month, it stalled near the low. Has old...
Amid the market weakness, Venus pipes with strong n growth last quarter results, showing resilience. In last fall (around 13 March) it undercut n rally 50 ema (a good shakeout) and this time it's holding 21 ema. Let's see how it breakout 2160, volume is required in this bad market conditions.
In the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period. Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout. Currently, the target of an Inverse...
GATEIO:HNTUSDT has great utility and is a leader in the RWA (Real World Asset) category. However, this is yet to reflect on its price action and value. The chart looks sexy right now, and it makes sense to long from here. Study the chart, trade your plan, and manage your risk. What are your thoughts about this analysis? Please share them with me in the...
The tech-heavy index runs its best month of the year, extending the advance to new record highs. After last week’s CPI moderation, markets strengthened their bets for two rate cuts by the Fed this year, beginning in June. NAS100 now eyes the psychological 19K mark. On the other hand, the disinflation process has slowed this year and Fed officials have turned...
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
# High Time Frame (HTF) Analysis: Ethereum (ETH) is currently testing the resistance at the top of a triangle pattern on the high time frame chart. # Entry Strategies: ## Breakout Strategy (Long Entry): Consider entering a long position if ETH successfully breaks above the triangle pattern's resistance. This could indicate a potential bullish trend...
ASTRAL has recently hit 2143 and retraced to 1894 now between the 50 & 61% FIBO, keep in watchlist Entry above 1966 SL 1894...
AMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price and volume have pumps and so also the PV Trend indicator. There is no fundamental footprint on this move. it is a pure meme much like a similar move of GME. I will go long here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n...
UNG on a 120-minute chart has reversed from a long trend down which started in mid -January. This was a steep trend down from the start into mid- March where the trend angle lessened in a period of relative consolidation until May 1st where the reversal occurred. This is a falling wedge breakout with the trendlines of the wedge in thick red and thick green for...
I always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90 , the best buy is below 1553 . The stop loss is set at 1321.60 , with a probable target of 2107.00 . This setup offers a risk-reward...
Coin is breaking the resistive area I had highlighted on the EMA bounce chart. I marked the area I had mentioned in the previous chart with a green arrow. I expect coin to rally to the topside of the teal resistance line, I marked this with the green circle. Short-Term Target: 245-250$ Medium-Term: Another test at 274$ End of Year 350-400$
A wave of optimism is sweeping across the cryptocurrency market, with Bitcoin (BTC) at the forefront. After a period of consolidation, bulls appear to be taking charge, sparking positive momentum not only in Bitcoin but also in altcoins like Solana (SOL) and Fantom (FTM). Bitcoin's Technical Analysis Hints at Upswing Technical indicators for Bitcoin are painting...