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Bounce

STORJ - Potential for 20%+ swing?STORJ looks to be making moves. Taking a look at how strong it is on the 1D and 4h We just had a bounce out of the historic "buy zone" support. Indicators on 1D : MACD has shrinking divergence in bullish direction. STOCH is strong. just leaving oversold with LOTS of headroom. Increasing volume with pumps, adds validity. Daily high bounced off fib level, implying resistance. indicators on 4h : MACD has slightly shrinking divergence in bearish direction. STOCH is overbought. Volume decrease in last bars. Just reached EMA 100 , it tends to play here a bit before proceeding on it's way and using it as support. We could see a bounce back down from here, but I think long term we're good for future growth. The movement today on volume, alone with decreasing sell volume up to now plus big buy volume was pretty confirming. If you're aiming to get in on it, expect a quick bounce down to the upper buy zone, around .38. try to get it on Try to get in on it there with a tightish SL. Once it reaches it's EMA it tends use it as support, but if it bucks that trend could be bad news. TP's are the purple zones.
Long
by cryptosince1963
2
BANDBTC - UPDATE: Following Papa LINK?I took a look at BANDBT C a little while ago, we had some interesting moves today. Market in general was pumping, BAND had some good movement. Let's have quick recap, plus some things I'm seeing. We're in a downward channel since the highs just before the dump. We had hit what seemed to be the first solid support in a while. Though no real historic claim to that. BAND tends to follow LINK. They are both security protocols, I think a lot of people conflate the two. EMA 100 was bounced back to nicely today. MACD looking like a healthy cross with some greens sprouting. Ripe for action. Stoch is building, but not quite at overbought yet. decreasing sell volume the last few red days. There's a decent chance she'll swing back down to support, if LINK or BTC decides to drop rapidly for example. But if LINK holds strong above $10 I think we can confidently say BAND will keep moving, maybe after a little correction down. Closest indicator to it retesting would be the Stoch is getting high. Invest at your own risk here, I'm just speculating. TP 's: #1- 0.00075 #2- 0.0009 SL : Just below prior support. If she breaks it'll be down to the next historic support likely. -- “Test fast, fail fast, adjust fast.” — Tom Peters -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2
SPY Weekly Higher Low Set?Ticker: $SPY SPY dropped down to lower lows WITHOUT any follow through. This gives bulls the chance to get some sort of bounce going to start next week. Like always, volume will be key if this is indeed a bounce or "significant" bounce. Bulls have to break 331.20 resistance to start the week in order for us to say our weekly lower high (319.80) is set. The $NDX or $QQQ, basically tech sector) is relatively stronger than SPY so I will keep an eye on that if it breaks first. If it breaks first, that can be an early indication for bull momentum and I may enter a bull position for a scalp. Remember, don't be bias, just go off of technical because the fundamentals will drive you crazy in addition to your emotions.
AMEX:SPY
by DerekTradeEZ
1
TSLA: Possible scenarios and complete weekly analysis.Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it. First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which is a natural movement for the stock. The 21 ema is flat, which indicates some indecision about the trend, but the situation is still quite dangerous for the stock. If it trades again under the $ 398 the market may understand this movement as a false breakout , or even worse: A Dead Cat Bounce. Let’s take a look at the daily chart for more insights: The sign is not the greatest, as the resistances are holding the price very well, and yesterday’s candlestick pattern was not a proper Piercing Line pattern , as it left an annoying shadow above its body. It could just retest again the $ 359 region, but the signal will be given first in the hourly chart, if it trades under $ 398 again, by doing a false breakout from a pivot point. As we also discussed in my previous analysis, if Tesla loses the $ 359, it will seek further supports, like the $ 329. Now, let’s finish our studies by looking at the weekly chart: There’s nothing surprising going on here, but if the weekly chart says something to us, is that Tesla could drop more, at least to hit the 21 ema, and this wouldn’t ruin the long-term bull trend! But again, it must lose the $ 359, which is probably the most important point for Tesla right now. Tesla will only enter in bull territory again if it trades above $ 408. Then the reaction will be better, and it may have strength to hit the All Time High at $ 502 again. Now, if you liked this analysis, please, support it ! And follow me to keep in touch with my ideas. Every day I share a few thoughts here, and you may find something helpful around. My best regards. Have a great weekend.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
24
USDJPY - Complete technical analysis - Breakout, mtfa and more! Hi Traders! The market is moving in an overall Downtrend. Let's begin the multiple timeframes analysis with the Weekly Timeframe. Ready? Here is it: We'll ask you a question before: What is the most obvious structure level which catches the most attention? The most of you propably answer that it is the "Important Support Area" (it's false in the screenshort, :( sorry for that). Ok, so let's have a closer look on what's going on there. Let's imagine, the chart is only tracking the route you're walking. Think of a person you hate. If you see this person, you'll propably take a big detour to avoid it. You do this once, twice, three times... Than you take a shorter detour. And even shorter. Now you stop and you're even talking to that person. Do you think, you still hate this person? Of course not! It's the same for the price and the Resistance. It was making big Pullbacks which became shorter and shorter. Now price is even holding on Resistance. What could that mean? The bearish pressure is at the moment very high and the Trendline supports this situation additionally. Because of the weakness of the Buyers, the market is now preparing for a Breakout. The Bearish Trend will continue on then. This is the main thoughts of the idea. We have to shorten this up, so here is the Daily Timeframe: The main thing here is the strong descending Trendline. It brings some more bearish pressure into the market. The main idea here is to sell at the Pullback of the Trendline. H4-Timeframe (Thumbnail): Here you can see the market is moving in the parallel channel. It is just some pips before the Trendline. The main idea here is to trade the Breakout of the Parallel Channel. Finally, here is the Entry Timeframe H1: As you can see the SL is above the high. The TP is very conservative and at the bottom of the area. The Risk-to-reward ratio is above 1 to 2.5. We recommend to trade the Breakout with a Retest. Thanks and successful Trading :)!
Short
by swissmoneymakers
6
BTCUSDT wants to retest a daily trendline 🦐BTCUSDT wants to retest a daily trendline after bounce on 0.618 Fibonacci Level. If the price will break the red structure (weekly and key level) We can see a bearish impulse. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Short
by InkyGrip
35
KSMBTC bounce on daily support 🦐KSMBTC bounce on daily support and now the price is forming a bull flag IF the price will break the bull flag According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
14
2day comparison. to recent fall and now. IndicatorsI recently posted a much more bearish outlook for 4day and I think weekly as well. However, I think the 1-2day looks like a potential bottoming point perhaps. I am posting both because I think there is still time if bulls acted and turn the larger timeframes and weekly occilators around late or last moment it could reach back up for maybe at least a higher retest. some of the signals we have now are the near exact opposite of the same ones that made me so bearish around 12k. It is hard to know or tell. so keep eyes open on all things
Long
by Gunslinger2005
3
BTCUSDT - Short the Retest / 15% GAINS !!!-NEW author on TradingView -2+ years experience in markets -Professional chart break downs -Supply/Demand Zones -Key S/R levels -No junk on my charts -Frequent updates -Covering crypto/US stocks BTCUSDT 4h: BEST level to SHORT 15% gains (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: BTCUSDT 4h chart review / outlook ::: small bounce possible right now ::: likely setting up for a bigger move downwards by rejecting major resistance 11100-11500 USD ::: however short-term I recommend to focus ::: on selling HIGH from confirmed resistance ::: key resistance: 1125-1400 USD ::: key support level: 8925 USD ::: recommended strategy: SHORT IT 1125-11350 USD ::: SL 11600USD TP 8930 USD ::: good luck traders
Short
by plukits
5