UPDATE: MATIC UP 82% after bullish daily signal MATIC pumped 82% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
MATIC broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 68. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently MATIC is also above its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average (LSMA). Which are a bullish signs as well.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
Easymoney
UPDATE: UNI UP 43% after bullish daily signal.UNI pumped 43% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 63. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently UNI is also above its Bollinger Bands Middle, Band Basis 20 Period SMA. Which is a bullish sign as well.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
Bitcoin or BUTT-Coin :) SELLIf the red trendline is any good (with 30 years of being in the financial markets doing economieetrics / fundamentals and asset allocation), then we are in for major shockS / disappointments in teh financial markets in the coming quarters.
BUTT Coin is the posterboy of what is wrong with teh current financial system / CENTRAL bANBKETS / GEN X / GEN Z / MILLENIALS / Value of Money / etc.
Gradually Shifting Normal Price HigherI think I see the plot here, idk just an idea based on Newton’s LOLZ:
The black dotted line around 140 is the “normal price” - just need a name to reference for the rest, calling it normal because Gaussian sounds lame. Yellow dotted lines are +-1 s.d., orange 2, red 3. GME needs to gradually walk the normal price higher to be able to trade at that level for a sustained period.
The previous pop back in March did not walk the norm higher, it just squeezed the FUD and then gave it all back and the norm stayed fairly unchanged.
Recent run tho is interesting, it’s actually taking its time and establishing a base at each successive level like a staircase. This current consolidation at the norm is attempting to change the norm by establishing a base for next pop to between 157 and 175.. it will likely consolidate there until high 160s become the norm, and then it will retest old norm for support before shooting for 175-193... etc, etc
When you play the Game of thrones you win or you Stop.
$NVDA DOUBLE BOTTOMswing trade idea for $NVDA.
Very bullish on the market in general. NVDA just completed a double bottom on the daily is looking to break out. I have my price targets indicated in green. Stop loss is the red line. I expect NVDA to hit PT's very fast most likely this week and I suggest scaling in and taking profit and signs of strengths because the market is subject to change in a literal instant.
Note: I don't use the MACD and RSI outside of the role of just additional confluence. Strictly price action in this market.
EASY $SPY BAG$SPY in a very similar set up as $NVDA in my last post.
Bullish wedge on the weekly in pink & double bottom on the daily in yellow. Price targets are green lines and stop loss for me would be the red line.
Based off the weekly I'm bullish on $SPY on a very macro level. I think we trend upwards this week (maybe a couple days into next week to make a new higher low). Price target for this week is $430 with an aggressive high of $444.
On a different note. After taking a look at the bullish wedge on the weekly go see if you can find something similar around July 2008 and see what happened next:/. May shed some light on what's to come *cough cough a recession
Not financial advice.
$AMZN DOUBLE BOTTOM BAGa real money maker right here boa.
$AMZN in a very similar double bottom pattern to previously mentioned charts from $SPY and $NVDA. $AMZN also has a stock split June 6th, stocks are known to run in anticipation to their split and I don't think $AMZN will be any different. Kind of expecting some parabolic price action.
My price targets are noted by the green lines; and dare I say $AMZN may begin to fill the gap at around $2615?? I say it's quite possible.
Not financial advice
$AAPL BAG$AAPL has an "inside bar" candle stick patter on both the daily and the weekly. I expect it to trend with the rest of the market on this macro uptrend. Candlestick patterns are still a new concept to me but I believe an inside bar is the indication of a reversal of a current downtrend. An inside bar is a bar that forms within the trending range of the preceding bar.
That 6/3 $160 C @ .10 lookin real printy
Not trading advice
Bout to run off on the $PLUG $PLUG has earnings this week, Monday May 9th after the market closes. My sentiment for obvious reasons I hope.
$PLUG currently has a head and shoulders trading within a descending triangle on the daily and weekly. I kind of don't like the head and shoulders because the first shoulder doesn't touch the neckline but nonetheless There's also a small gap from 17.7 to 16.70ish on the daily. I think there's two things that are probably occurrences for $PLUG earnings.
1. Dependent on earnings report and macro market sentiment it could bounce to 24/25 area within or slightly outside of the top of the triangle.
2. Will breakdown outside the triangle on (another) missed earnings report and head towards small gap aforementioned above.
Price targets:
17.70
16.70
14
I plan to watch the price action on Monday to figure out when will be the best time to enter a trade. If we have a green day I'll wait until i feel like the peak has reached or if we're downtrending I will wait for confirmation on 5 and 15 minute time frames to confirm the trend. Obviously an earnings play so probably risking 3-5% max off my account.
$ROKU Double Top Trade Idea$ROKU has earnings coming up on the 28th I believe and is in a text book "double top" pattern. I got price targets of $93.45, $87.83 and $81.90.
It's crossed over the neck line @ $99.64 on the daily. A daily candle closed under $99.64 would probably be the safest entry but I'm already in 4/29 $80 P and 4/29 $75 P.
Generally speaking Roku usually follows $NFLX. In regards to earnings I don't expect as an extreme move as Netflix but I am bearish on $ROKU leading up to earnings this week coming up. I'll update my position win or lose when I close out my contracts.
*I'm a self taught trader, this is not trading advice in anyway shape or form.
UNI done correcting or ready for another leg down?UNI dumped 39% after the bearish Supertrend Ninja - Clean signal on the 3th April (red vertical line on the background). The Supertrend Ninja - Clean gave 2 bullish signals in 2020 (with the biggest 1065%). In 2021 it gave 2 bullish signals, with 1 bullrun (33%). In 2022 it gave 1 bullish signal, with no follow up.
Whereas UNI corrected at least 22% - 66% after each bearish Supertrend Ninja signal (based on the last 4 signals).
Let's have a look at the other indicators. The Stoch RSI is in oversold levels, pointing downwards. K is below D, which is a bearish sign.
UNI is still in the Bearish Zone of the Ichimoku Cloud , which is bearish .
The RSI is almost in oversold area at 34 (40-60).
If we take a look at the Average Directional Index ( ADX DI) its bearish . The +DI (Green Line) is below the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line).
Currently UNI is also below its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average ( LSMA ). Which are bearish signs. Going down here, the next support is at 5.85 USDT. Supports and Resistances are highlighted as grey blocks.
Conclusion: UNI moving sideways or going downwards. I'll wait patiently on a bullish Supertrend Ninja signal, before entering a long.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
Bitcoin Analysis, done correcting?BTC has been in a sideways range for a while between roughly 37.000 and 46.500 USDT. BTC dumped 7% after the bearish Supertrend Ninja - Clean signal on the 10th April (red vertical line on the background). Currently BTC is bouncing on support. If BTC holds here it is still a higher low.
The Supertrend Ninja - Clean gave 4 bullish signal (with the biggest 477%). In 2021 it gave 3 bullish signals, with 2 big bullruns (32% and 41%). In 2022 it gave 3 bullish signal.
Let's have a look at the other indicators. The Stoch RSI is in oversold levels, pointing upwards. K is above D, which is a good sign.
BTC is still in the Bearish Zone of the Ichimoku Cloud, which is bearish .
The RSI is range bound at 44 (40-60).
If we take a look at the Average Directional Index ( ADX DI) its bearish. The +DI (Green Line) is below the -DI (Red Line). While the Trend Strength is becoming weak. Since the ADX (Orange Line) is below its 9 Period EMA (Black Line).
Currently BTC is also below its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average ( LSMA ). Which are bearish signs. Going down here, the next support is at 36.500 and 34.500 USDT. Supports and Resistances are highlighted as grey blocks.
Conclusion: BTC continues moving sideways or going downwards.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
Potential $TSLA bagTrade idea I'm looking at for $TSLA this week.
Currently in a gap from 857ish to 889ish while simultaneously in a symmetrical(ish) triangle on the hourly.
2 ways to play this. One way a bit more risky than the other.
1. Hop in puts anticipating $TSLA filling the gap on the hourly charts before bouncing to the top of the inside of the triangle. On the sign of a reversal to the top of the triangle hop in calls. If both of these hit, take profit and wait for the break in the triangle to the up or downside for an additional trade.
2. Play it safe and don't anticipating the gap fill and wait for $TSLA to break the triangle to either side.
I will probably do some iteration of the 1st because I like to think I have a high risk tolerance (debatable) and my overall sentiment of the current market. I expect this to play out this week if not the first 2 days of market open this week
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Not financial advice
BA TRADE LOGICTook a $BA $150 P position before the market closed today and making a note of why I ultimately made the trade.
1. Earnings catalyst (obviously).
2. Been trading with a downward channel but broke the channel even more to the downside.
3. After breaking the downtrend $BA entered a gap made back in November 2020 from $172ish to $158/9ish (blue lines).
4. If I read my research correctly $BA hasn't turned a profit on earning in like 3 or 4 quarters and will probably miss again. With the market acting the way it is I think it will sell off after earning regardless of good or bad news.
My price targets are the green lines.
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Not financial advice.
$SPY TRIPLE TOPNote of my overall sentiment of the market. It's going down.
All the chop over the last year has made a (ugly ass) triple top. $SPY is just a few ticks away from reaching the neckline @ $415ish. I think one of two things will happen.
1. It will bounce maybe to the $420s to $430 and retrace back to the neckline then ultimately break the neckline
2. It will close with a full daily candle under the neckline before the week is up and head towards the price targets in green then the gap from 403.80 to 400 (blue lines) made back in April 2021.
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Not financial advice
LUNA time to correct after 50% pump? LUNA jumped 50% after the bullish Supertrend Ninja - Clean signal on the 24th Febr (green vertical line on the background). It hasn't made a large correction since.
Since the listing on Binance in 2020. The Supertrend Ninja - Clean gave 1 bullish signal (+6247% gains). In 2021 it gave 4 bullish signals, with 2 big bullruns (580% and 90%). In 2022 it gave 1 bullish signal (50%). On 13th April 2022 it signalled a bearish Supertrend Ninja signal. While the price moved the opposite direction soon after. It can still go downwards from my experience.
Let's have a look at the other indicators. The Stoch RSI is in oversold levels, pointing downwards.
LUNA is still in the Bullish Zone of the Ichimoku Cloud.
The RSI is range bound at 50 (40-60).
If we take a look at the Average Directional Index ( ADX DI) its still bullish. The +DI (Green Line) is still above the the -DI (Red Line). While the Trend Strength is becoming weak. Since the ADX (Orange Line) is below its 9 Period EMA (Black Line).
Currently LUNA is also below its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average ( LSMA ). Which also signifies a possible downtrend. Going down here, the next support is at 78.85 USDT.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
SHIB Analysis - still correcting since bullish 932% signal.SHIB going sideways for months now between 2106 and 2725.
SHIB corrected 8.27% after the latest Supertrend Ninja - Clean signal on the 19th Jan (red vertical line on the background). But in general SHIB has been in a correcting downwards trend for 6 months now. Since the bullish (green vertical line) of the Supertrend Ninja - Clean on 1 Oct 2021. Which made a whopping +932%. In less than 8 months the Supertrend Ninja gave 4 bearish signals, whereafter a correction followed.
Let's have a look at the other indicators. The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. Also the price is below the Ichimoku cloud , which is bearish. The Constance Brown is in oversold area as well. The RSI is range bound (40-60).
Bouncing up here 2725 USDT is the next target. Dropping here 2106 USDT is the next target. 1694 USDT thereafter. The Supertrend Ninja - Clean hasn't given a bullish signal for the time being (green vertical line on the background). If SHIB does bounce up here, it would be making a higher low. Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
FTM done correcting? FTM corrected 54% after the Supertrend Ninja - Clean signal on the 25th Jan (red vertical line on the background).
FTM is currently on a support level. The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. Also the price is below the Ichimoku cloud, which is bearish. The RSI and Constance Brown is in oversold area as well. If FTM bounces here, we will have a bullish divergence confirmed for the RSI. A few more days will give us some more clarity.
Bouncing up here 1.30 USDT is the next target. Dropping here 0.73 USDT is the next target. 0.59 USDT thereafter. The Supertrend Ninja - Clean tends hasn't given a bullish signal for the time being (green vertical line on the background). Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.