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Classicalcharting

Vanguard S&P Small Cap Growth ETF - clear horizontal boundariesFour months range-bound, this low-volatility ETF includes 600 constituents and offers a tiny 0.10% fee for the more passive, but still risk inclined investor (these are small cap growth oriented stocks). The pattern boundaries are clear, and volatility is relatively low vs. historical. Price action above $235 would confirm a breakout to the upside, while a move below $205 could reflect a broader selloff coming for growth stocks. Constituents include companies like: Gamestop, Omnicell, Macy's, Chart Industries, 3D Systems, Agree Realty Corp. Several of the individual constituents also have constructive charts, with subjectively clear risk levels, such as 3D Systems (DDD). $GME, $GTLS, $ADC, $DDD, $OMCL, $VIOG
AMEX:VIOG
by jBTCkingaling
BTC/USD : Still aiming 27K, But why ?COINBASE:BTCUSD Hello everyone 😃 Sorry for low activity on past days ! Actually I thought that there's no need to update my analyze.. Any way, The last analysis played out goodly. Now, BTC just engulfed an important line on hourly TF and it just break above the H12's zone, Now bulls needs to wait for a daily close to confirm the break on classic vision. Then we'll see another leg up to our favorite SHORT zone at 42K, And then I will try one more to take advantage with a SHORT above 40K with tight SL above 43K... 📊 Before heading to the analyzes, There are some few data that could be useful for day traders and scalpers. - BTC 24H's change is positive by +1.5K lead and it's bad for bulls - BTC's funding rate is mostly positive and it's not suggesting the continuation for bulls - BTC's open interest has suggest a little decline and it means that manual traders with low capacity are closing their positions ( But the interest is still showing goodly positive ) - BTC's Long-Short Ratio is showing green on every exchanges and it can be the reason that the volume didn't grow with the movement ! Now there are some possible scenarios among ours, So I will share them too ! 🔰 Dive below 25K after a fast retest on 27K : It sounds like a stop hunt above the resistances and the bearish trendline; And so it's a possible chance for market makers ! Cause, - Volatility has reached the buy limit zone in LTF and it just being limited by some of the HTFs neither. - Volume is not suggesting a strong breakout and so it can become failed again ( Like other fake-outs that we had recently ) - BTC just reached the 0.5 FIB's level and there's a resistance zone which has formed in daily TF. 📚 Sellers can use this chance to take advantage on BTC's dive, If it's being confirmed by market's weakness. 🔰 Daily Demand is suggesting a continuation to 42K, And there can be a chance for bulls to break the level : Based on classical analysis, We need to retest 27K; So the breakout above 42K is not in my possible scenarios for now, But I will buy above 43K for sure, If BTC breaks the breaker level ! Now, If BTC breaks the breaker, Then scenario will change the aimed target to ~55K. ATH won't be a good target for Holders cause it can't be happen without a retest on classical chart on 27K, At-least I won't count it for now... So everything is simple on Daily TF, Buy at demand zone and wait for 42K retest. ❗ Be caution of the possible stop-hunt at current point ! 🔰 Bull-Run is not over yet, Here is why : 3M's chart is showing a chance for an order block here, And it's all depends on next 3M's candle ! How ever we can count on the next one, And it will be a 4 candles continuation order block. Now, Holders need to watch the levels and don't forget that there's still a possibility for bears to push the pair below 30K. I'm ok with that, Cause I'm still searching for the possible stop-hunt below there ! You may say that I missed the opportunity to enter the market, But we had 3 of them and It's good at all... Back to our scenario : AS BTC is above 27K on classical level, we'll aim the ATH and 100K as the main targets, But It needs to retest the level's bottom for farther growth. FIB's retracement on 3M's TF; $26361 is the possible level for a retest. And the targets are ~160K and ~210K. But I will set a safe target at ATH and 100K. 📚 Fair setup for holders : So the entry will be ~27K. SL is a daily close below 27K. And the targets are 45K - 64K - 100K - 160K - 210K. Have a great night and trades 🥂✨ I will share another chart for BTC if anything changes ! Hope you enjoyed our analysis about BTC's possible directions🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
COINBASE:BTCUSD
by Helical_Trades
46
eurusd short The following text contains the reasons for the falEurusd It is declining until it creates a positive divergence. Also, when wave b is shallow from 1, it is not possible for wave 2 to be shallow its Harmonic Eliot Waves So the reasons for the fall: 1- Creating bullish divergence in 4-hour timeframe. 2-Harmonic Eliot Waves says we need a deeper correction 3-Classically, the uptrend occurred with the weekly resistance and also the uptrend line was broken. Therefore, the most reliable support that can prevent the fall is the weekly support, in the range 1.18800-1.18500 4-The last candle of the day cast a long shadow on its high resistance , Which indicates a failed test to climb as well as a failure to start the ascent If you agree with me and it was useful to you, do not forget to like and support. Good luck
Short
by sabbaghzade69
1
Bullish Pennant Forming on the 4HRBTC appears to be forming the beginning of a small bullish pennant on both the 1 Hour chart and the 4 Hour chart, a key indicator that if this breaks above the top of this pennant, a bullish continuation will most likely occur. We still have a lot of potential for growth, however, a major retracement is still possible, so trade carefully and keep capital preservation in mind. We are in some very crucial times for BTC I believe, where it is definitely possible to still retrace back down to $30,000 (very abruptly) before rallying up to $50,000+ My first target still remains at around $66,000 based on the fib extension marked in the chart. Best of luck to you all!
BITSTAMP:BTCUSD
by ColeOutlaw
BTC UPDATE, MAJOR RESISTANCE FOUND!So far the breakout appears to be true and has found resistance at a key resistance level: $38,500. I am witnessing a lot of indecision in this market right now. A lot of people are banking on a reversal point from here, however a lot of people are also long and anticipate a double top around $40,000. At this point I remain neutral and am still holding onto my long position from the second breakout. I still think there is a lot of room to grow here, especially if we break $38.5k, although I am still prepared for a correction back down to my entry or even lower. Stay safe and preserve your capital friends! *The orange dashed line is a price alert ABOVE my entry*
BITSTAMP:BTCUSD
by ColeOutlaw
2
UPDATE: SECOND BREAKOUT ON BTC! But is it fake or true this timeLast time I posted on BTC, Elon Musk put BTC in his bio, causing a spike of around 10%, breaking through the bullish pennant BTC was sitting in. Soon after, BTC retraced back within the bullish pennant, indicating a false breakout. Now we're back above the pennant for a new breakout and it appears we have formed a large inverted H&S as well, the only question is: Will BTC test the resistance line of the pennant and then continue it's bullish trend to higher highs? Or, big OR here, is this another bull trap baiting people to buy another false breakout? Going to be eyeing this like a hawk today to see if we get any confirmation that this is indeed, a true break out. Best of luck everyone!
BITSTAMP:BTCUSDLong
by ColeOutlaw
$ZI 2nd Mouse Gets the Cheese? I posted about Zoominfo couple month back when it was attempting to breakout of a head and shoulders bottoming pattern. That breakout failed and pulled back to the 50 MA where it spend few days before it put a higher low (HL) and moved higher. The stock broke out from that neckline resistance again 4 days ago and showed signs of follow through in today's session. High probability Zoominfo moves higher from here. Zoominfo Techs Cl A (ZI)- PROVIDES BUSINESS-TO-BUSINESS DATA AND INFORMATION SOLUTIONS FOR SALES AND MARKETING TEAMS.
NASDAQ:ZILong
by TaPlot
Inverted H&S pattern forming within a descending wedgeNot only is Gold forming an inverted head and shoulders pattern within a descending wedge, it also appears to be forming a decade long cup and handle. Lot's of bullish continuation indicators are presenting themselves but nothing "confirmed" yet. Obviously there has been false breakouts on both the bottom and upper side of this wedge, however, long term I remain bullish on Gold and will be anticipating a true breakout to the upside of the wedge and neckline of this inverted H&S pattern to confirm it's continuation upwards. I believe within the next couple of months, we will receive that confirmation on whether or not price will break above and rally to higher highs, or below these patterns to retrace to lower lows. This is all just speculation, a conservative trader will wait for a clear signal of continuation before taking a position now. Preserve your capital!
FX:XAUUSDLong
by ColeOutlaw
2
$AM Setup with Weekly and Daily PatternsAntero Midstream shows a weekly 13 months head and shoulders bottom pattern and a daily continuation head and shoulders pattern. The weekly chart is on the left of my post and the daily on the right. The stock broke out of the multi month weekly head and shoulders on December closing above pattern neckline (blue line). The stock since then has formed a continuation head and shoulders pattern with the head testing the weekly neckline support. It is an interesting chart setup and one that I will be watching closely. A break over the daily neckline (green line) could send the stock into a strong 2021 uptrend. Antero Midstream Corp (AM)- HOLDING CO PROVIDES NATURAL GAS GATHERING, COMPRESSION, PROCESSING, FRACTIONATION/INTEGRATED WATER SERVICES.
NYSE:AMLong
by TaPlot