BTC Under $100k, Where Do I Buy?Hello Friends,
For those of you looking to capitalize on Bitcoin BINANCE:BTCUSD you may want to add to your position, or start accumulating for the first time.
While we are currently in consolidation under $100,000 USD, note the current Dealing Range we are in (chart).
Below that Fib 50% Dealing Range, we can look for Buys.
I also want us to consider the possibility of losing that +OB (Bullish Orderblock), we can expect lower prices - based on Daily/ Weekly chart.
Should that occur - Start looking to accumulate/ Buy sub $86,760.
My ideal entry will be at $85,158.42
Check out this link for my BTC Exit Strategy:
G-money
Cat/UsdtMEXC:CATUSDT
🚨 **CAT Price Analysis** 🚨
- **Current Price**: 0.000431
- **Resistance Levels**:
- **First Resistance**: 0.000480
- **Second Resistance**: 0.0005600
- **Support Levels**:
- **First Support**: 0.000408
- **Second Support**: 0.00003123
- **Third Support**: 0.0002345
🔑 **Key Points**:
- **Resistance**: If CAT breaks above the **0.000431** level, the next resistance areas to watch are at **0.000480** and **0.0005600**. A successful break and hold could indicate further upward movement.
- **Support**: If CAT fails to hold at **0.000431**, it could test the support levels at **0.000408**, **0.00003123**, or even **0.0002345**, where it may find a rebound.
💡 **What to Watch**:
- **Price Breaks Above Resistance**: A break above **0.000431** could lead to tests of the next resistance levels at **0.000480** and **0.0005600**.
- **Price Falls Below Support**: If the price falls below **0.000431** and tests support, keep an eye on the **0.000408**, **0.00003123**, and **0.0002345** levels for potential reversals.
⚠️ **Not Financial Advice**: Please do your own research and trade carefully.
MU going for goldAt the third double bottom teasing 114.17 breakout to gap fill, it would be nice to see continuation here and what happens at 107.94 (monthly pivot). This one started with a breakaway gap September 25th and has recently filled the runaway gap, but the bullish trend is still intact from the current double bottom. I'm looking for 01/17/25 105c here, with a stop-loss at 99.05 (monthly pivot).
EUR/USD Analysis - Short Opportunity
The EUR/USD pair has reached a weak high near 1.0598, suggesting potential exhaustion of bullish momentum. Key levels and patterns indicate a possible short setup:
Change of Character (ChoCH): Signs of a shift in market structure to the downside, as seen in recent rejections.
Bearish Order Block: Price is testing a supply zone, aligning with a short-term bearish bias.
Liquidity Zones: The area near 1.0547 and 1.0530 offers targets for a potential downward move, as these zones may attract price action.
Risk Zone: Stop-loss placement above the weak high around 1.0598 to protect against unexpected bullish continuation.
Plan: Consider shorting at current levels or on a slight pullback, targeting the lower zones (1.0547, 1.0530). Ensure tight risk management to navigate potential volatility.
Let me know if you have any questions!
Bitcoin ATH: Potential Retracement Zones and Key LevelsBitcoin current price now is 76k surpassed ATH at 14 March 2024, after surge more than 13% we may see increased speculation and bullish momentum driving the price higher. However, if Bitcoin struggles to maintain upward momentum near this level, we may witness a retracement before the next significant move.
Retracements are a common and healthy part of price movement, providing the opportunity for consolidation before the next leg up. On the chart, we observe several retracement levels marked by Fibonacci retracement levels, as well as Fair Value Gaps (FVGs) that may act as areas of support if Bitcoin's rally takes a breather.
1. The first potential support level sits at the 0.5-0.62 retracement level. This zone represents a modest pullback and would allow Bitcoin to establish a higher base without losing its bullish structure. This level falls within an FVG, which might reinforce the zone as a strong support if Bitcoin pulls back to this area.
2. A deeper retracement could see Bitcoin testing the 0.705-0.79 retracement level. This level could attract more significant buying interest, as it represents a meaningful correction or extreme discount zone that provides an attractive entry point for new buyers.
3. Green zone (OB) signaling areas of potential liquidity where buyers might enter aggressively to capture value.
Trendline Support and Horizontal Levels
Trendlines provide insight into Bitcoin's directional bias. A rising trendline, indicated in yellow on the chart, has been guiding the recent rally and could serve as dynamic support in case of a downturn. If Bitcoin respects this trendline, it would suggest a continuation of the uptrend, with the trendline acting as a safety net for any dips in price. This would allow BTC to pull back and consolidate while maintaining its upward momentum.
Another significant level is marked as "rH" around $73,787, a former resistance level that could now act as support. If Bitcoin retraces to this level and finds support, it could reinforce bullish sentiment and potentially lead to another rally attempt.
Volume Analysis
We also see moderate trading volumes, indicating sustained but cautious buying activity. An increase in volume at higher prices would strengthen the case for a continued rally, as it would demonstrate robust market interest. Conversely, if the volume decreases during a pullback, it may indicate that sellers lack conviction, suggesting that the retracement could be brief and limited to consolidation.
is HMSTR booming?????hi everyone, I'm MSNP and today we want to talk about GATEIO:HMSTRUSDT , please follow me and support this idea
after a down trend HMSTR showing potential (26% today)
we had a trend line that you can see here:
and a BO above it. so, what's we excepted for future?
1. in first place we need a prove and confirmation of starting new trend, so we need a bull candle above EMA.
2. we need a pullback: after this down trend (68%), after BO we need a pullback, the pullback area is marked with blue line that you can see here:
3. after pulling back and testing the bottom successfully we need to see more power from bulls, 2,3 good bull bar would be nice and after two bull bars that close on top you can buy above them for a swing
4. target is marked in chart with sky blue line that you can see here:
5. the road that i expect from HMSTR is here:
thank you for reading, ask any questions and i will be there for you
U.S. Dollar IndexHello everyone,
A quick look at the DXY index.
I had fun drawing a Fibonacci retracement, we can see that the levels are well respected.
It's up to you to agree, but the graph is there.
Make your own opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
HCL Technologies Ltd Daily Chart Analysis
The daily chart of HCL Technologies Ltd illustrates an upward trend with strong support levels and clear resistance areas, showcasing both bullish momentum and potential pullback scenarios.
Key Observations:
1.Trend Analysis: The stock price is in an overall uptrend, consistently making higher highs and higher lows. It is supported by a well-defined ascending trendline and is trading above the 200 EMA, which is a bullish indicator.
2.EMA Levels: The 13, 48, and 200 EMAs are aligned in a bullish configuration, indicating continued strength. The price’s proximity to the EMAs will be a key indicator of short-term trends.
3.Volume Behavior: There is a healthy volume trend with spikes during up moves, suggesting interest and accumulation during bullish days.
4.Resistance and Support Zones:
• Resistance: The resistance zone around ₹1,888.50 - ₹1,889.30 represents a key hurdle. A sustained move above this level, accompanied by strong volume, could confirm a bullish breakout and indicate further upside potential.
• Support: The primary support level lies around ₹1,719.00. A breakdown below this level could lead to a more significant pullback, possibly retesting previous lows or consolidating around the 200 EMA.
5.RSI Indicator: The RSI is currently around 55.27, indicating mild bullish momentum without being overbought. An upward move in the RSI beyond 60 could further validate any price strength and potential for breakout scenarios.
Potential Scenarios:
• Bullish Scenario: A breakout above the ₹1,889 resistance zone with strong volume could propel the stock higher, targeting further resistance levels around ₹2,000 and beyond.
• Bearish Scenario: If the price is unable to break above resistance and reverses, it may test support around ₹1,719. A breakdown below this level could signal a potential trend reversal or consolidation phase.
Impact of Macro Events (e.g., US Elections):
The outcome of significant macroeconomic events, such as the US elections, could influence IT sector stocks, including HCL Technologies. Favorable policies, market stability, and global business sentiment may drive higher demand for IT services and lead to a bullish impact. Conversely, any policy uncertainty, geopolitical tensions, or economic disruptions could lead to increased volatility, potentially affecting the stock’s upward momentum.
Summary: HCL Technologies is currently at a key resistance level. A breakout above ₹1,889 may signal further bullishness, while a rejection and breakdown below ₹1,719 could prompt caution. Traders should watch volume and price action closely, along with any macroeconomic news that might impact the broader market sentiment.
Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
Bitcoin Bull Run Ignites: Eyeing New Highs Ahead of ElectionsOverview: Bitcoin (BTC) has recently demonstrated significant bullish momentum, breaking the $68,900 resistance level. This surge is supported by favorable financial news and the anticipation surrounding the U.S. presidential election scheduled for tomorrow.
Key Levels:
Entry Point: $68,900
Target 1 (T1): $75,146.69
Target 2 (T2): $84,392.46
Target 3 (T3): $92,059.49
Stop Loss: $66,500
Technical Indicators:
Moving Averages: The 50-day and 200-day moving averages are trending upwards, indicating sustained bullish momentum.
Relative Strength Index (RSI): Currently at 65, suggesting room for further upward movement before reaching overbought territory.
Volume: Increased trading volume aligns with the recent price surge, reinforcing the bullish outlook.
Fundamental Factors: The upcoming U.S. presidential election has heightened market interest in Bitcoin, with both major candidates expressing favorable views towards cryptocurrency regulation. Additionally, significant inflows into Bitcoin exchange-traded funds (ETFs) have been observed, indicating strong institutional support.
Conclusion: The confluence of technical indicators and positive fundamental developments suggests a strong bullish outlook for Bitcoin. Traders should monitor the aforementioned target levels and adjust positions accordingly, keeping an eye on potential resistance as the market reacts to election outcomes.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
U.S. Election affect on the Stock Market 2012 / 2016 / 2020 Here's what the market did over the last 3 elections the U.S. had.
2012 / 2016 / 2020
Obama / Trump / Biden
What's in store for 2024 ?
#SPY #MSFT NASDAQ:AAPL #AAPL NASDAQ:AMZN #AMZN NASDAQ:QQQ #QQQ #ICT NYSE:ES #ES SP:SPX #SPX #thestrat SEED_ALEXDRAYM_SHORTINTEREST2:NQ AMEX:SPY #NQ NASDAQ:MSFT NASDAQ:TSLA #TSLA NASDAQ:NVDA NASDAQ:AMD #NVDA #AMD #trump #harris #election #technicalanalysis #stocks #investing #finance
$NQ outlook headed into OCT. 21 WEEKMarket structure still shows us that it is bullish based on Technicals.
No catalyst yet for a big bearish move/correction/pullback.
Friday ended as an inside bar /1 / harami.
Means an explosive move is coming.
Got a 2-1-2 going into Monday.
The overall market structure is still bullish with higher lows and higher highs.
Rejection off the order blocks from April time frame and the SEPT bounce off the imbalance created in AUG.
There's no real catalyst 'yet' for a big bearish move.
I'd watch how Sunday night's global opens and see what transpires during the London session of NYSE:ES SEED_ALEXDRAYM_SHORTINTEREST2:NQ
Similar to my NASDAQ:QQQ post a week ago, price is still respecting the upward trendline which is now annotated with the green triangle.
Watch for price for the rest of OCT attempt to take out ATH (Liquidity) at 20983.75 and potentially reverse/stall at 21,000. Why that number? Psychological level along with where many algos most likely set their orders along with those who went short at ATH set their stops ABOVE entry.
THIS IS NOT FINANCIAL ADVICE but an OPINION.
#SPY #MSFT NASDAQ:AAPL #AAPL NASDAQ:AMZN #AMZN NASDAQ:QQQ #QQQ #ICT NYSE:ES #ES SP:SPX #SPX #thestrat SEED_ALEXDRAYM_SHORTINTEREST2:NQ AMEX:SPY #NQ NASDAQ:MSFT NASDAQ:TSLA #TSLA NASDAQ:NVDA NASDAQ:AMD #NVDA #AMD
$SPY Outlook for OCT 21, 2024AMEX:SPY headed into this week is an inside bar / 1 / harami.
Means an explosive move is coming.
Got a 2-1-2 going into Monday.
The overall market structure is still bullish with higher lows and higher highs.
There's no real catalyst ' yet ' for a big bearish move.
I'd watch how Sunday night's global opens and see what transpires during the London session of NYSE:ES SEED_ALEXDRAYM_SHORTINTEREST2:NQ
There still a GAP downside that was not completely filled last week.
#SPY is in this rising wedge pattern and been respecting the TL (Green/Red).
The pivot for SPY will be 583.99 - 584.55.
If the bulls hold above that, you will see 585.39 get taken and then potentially 586.12. Failure by the bears to stop the move up and 587/587.35/588 will be on the path.
If the bears take control and break the pivot zone, then you will see 583.67 / 583.2 / 582.6 / 582.33 and 581.82 / 581.5 / 580.9
Market Structure starts to change with a break of 582.16.
A true MSS comes at 565 break.
Keep in mind, there is a divergence between NASDAQ:QQQ and AMEX:SPY
This is NOT FINANCIAL ADVISE!
#SPY #MSFT NASDAQ:AAPL #AAPL NASDAQ:AMZN #AMZN NASDAQ:QQQ #QQQ #ICT NYSE:ES #ES SP:SPX #SPX #thestrat SEED_ALEXDRAYM_SHORTINTEREST2:NQ AMEX:SPY #NQ NASDAQ:MSFT NASDAQ:TSLA #TSLA NASDAQ:NVDA NASDAQ:AMD #NVDA #AMD
MBLY 100% SHORT SQUEEZE MOVE INBOUND!!! SKILLING:US100 : NASDAQ:MBLY BUY THESIS: I LIKE THE STOCK! 🚀🌑
(MY MONEY IS WHERE MY MOUTH IS!)
15K SHARES💎👐
✅ Symmetrical Triangle breakout incoming
✅ MACD & Stochastic Curling Upward
✅ RSI Oversold to Higher Highs and up trending
✅ 34% SHORT VOLUME RATIO
✅ 17.39% SHORT-FLOAT
✅ $19 INTRINSIC VALUE (ANALYSIS BELOW)
✅ .48 PEG RATIO (>1 IS GOOD)
✅ 30%+ GROWTH (26FWD P/E)
✅ #MOASS
Not Financial Advice 🖖
QQQ Weekly Outlook (SPY) for OCT 14, 2024A week ago, I provided a weekly long-term view of QQQ (link below):
I annotated that by looking at the weekly time frame, we can note that QQQ has been bouncing off the weekly trendline (TL) that started back in JAN 2023.
It has touched and bounced off that trendline 3x so far:
-MARCH 2023
-OCTOBER 2023
-AUGUST 2024
We started OCT 7th week around 487 and closed end of week at 493.36
Based on technical analysis, QQQ is in a triangle pattern with the top trendline starting on JULY 17th and then hitting it again several other times:
-SEPT 26
-OCT 9
-OCT 10
-OCT 11
The bottom trendline starts on AUG 5th and touches again on:
-SEPT 6
-SEPT 9
-SEPT 10
-SEPT 11
Another TL was drawn on SEPT 11 up which price has been respecting:
-OCT 2
-OCT 3
-OCT 4
-OCT 7
-OCT 8
-OCT 11
This has cause price to get tighter and tighter against JULY 17th TOP TL.
In addition, price has been making Higher Lows (HL) and Higher Highs (HH) starting from AUG 5th until current date. The following are the HH/HL:
HL: AUG 5/ SEPT 6 - 11 / OCT 1 - 3
HH: AUG 22 / SEPT 26 / OCT 11
The GAP that was created between JULY 16 - 17 was filled on SEPT 26 causing the market to GAP REJECT and push price down.
Price has once again come back to that gap and closed above it.
GAPS can be used in several ways. One being the initial rejection. As price is back above it again, what was once resistance / supply can now be potentially turned into support / demand. The second method can be the INVERSION of a GAP.
Utilizing my longer thesis from last week along with the new / current data, a bullish sentiment is formed going into this week for the following reason:
-Two bottom TLs have been respected and acted as support
-Higher Lows/Higher Highs are being made
-Price closed above the GAP that that acted initially as resistance and now turned into support (inversion)
-No economic catalyst for bearish scenario 'yet'
-Price had a strong close above the 5 and 8 EMA on the daily time frame.
Price Targets:
PT1: $498.44
PT2: $500
PT3: $501.01
PT4: $503.07
PT5: $503.52
PT6: $505
This is NOT financial advice but my opinion on the market.
NASDAQ:AAPL NASDAQ:AMZN NASDAQ:QQQ NYSE:ES SP:SPX #thestrat SEED_ALEXDRAYM_SHORTINTEREST2:NQ AMEX:SPY SEED_ALEXDRAYM_SHORTINTEREST2:NQ NASDAQ:MSFT NASDAQ:TSLA NASDAQ:NVDA NASDAQ:AMD
SaD
GOOGL 2 VALIDATED CONFIRMATIONS! EXTREMELY BULLISH !!!!GOOGL, 2 VALIDATED CONFIRMATIONS!
Last week, I mentioned that I was extremely bullish on Google. In fact, I even sent a buy alert to my investment clients since Google has shown many bullish patterns and is displaying typical "pre-earnings" behavior. However, I have shared my analysis with you for free because I want us all to succeed! And if you've been following my analysis for months, you've seen for yourself that we’ve been on the right track.
Everything happens with Google after it breaks out of a channel. Whenever the price breaks a channel, we need to wait for it to reach its high and look for when the pullback will occur. In this case, after finding its high post-breakout, Google entered a candle congestion channel.
STACKED CHANNEL: A candle congestion channel can be considered a volume indecision. What do I mean by this?
The price creates a bottleneck-like pattern within a very tight channel, behaving strangely, with candles almost the same size and very close to one another. In this situation, it’s very difficult to determine which direction the price will take, and I consider it a complicated and dangerous pattern. All we can do is wait for the price to make a decision.
Once the price makes a decision, it breaks the congestion channel, forming a new high, and consequently, reaching our target zone. That’s precisely when it begins its pullback, and the next step we’re looking for is A NEW EXTREME.
I’ve marked this pattern in yellow, and I call it the N3 Pattern. This usually happens most of the time after a breakout, and we must be very attentive to the candles it produces to execute it.
An N3 pattern involves three movements:
#1 Breakout and New High
#2 Pullback and Rebound
#3 New Extreme
That simple.
Going back to the analysis, we’ve reached our next stop with double confirmation.
In conclusion, I remain very bullish on Google, especially as we are just a few weeks away from Google announcing its earnings report. So, if you're considering entering, whether for a swing trade or long-term, there's still time.
Remember that, based on my valuation and fundamentals, Google has an intrinsic value of $180, so the final decision is yours.
OF COURSE… This is not financial advice, and you make your own decisions and take your own risks.
Thank you for you support :)
$QQQ Longer ViewpointNASDAQ:QQQ is lagging behind AMEX:SPY and has not reclaimed ATH ' yet .'
Looking at the weekly time frame, we can note that NASDAQ:QQQ has been bouncing off the trendline that started back in JAN 2023.
It has touched and bounced off that trendline 3x so far:
-MARCH 2023
-OCTOBER 2023
-AUGUST 2024
Each time it bounced, it ran for approximately 100pts + and took roughly 124 - 140 days before consolidation and/or a correction / retracement / pullback occurred.
From a technical standpoint, NASDAQ:QQQ will attempt at All Time Highs (ATH) at $503.52 again. We have to be conscience of the divergence between AMEX:SPY and $QQQ. AMEX:SPY has already made a new ATH while NASDAQ:QQQ is lagging behind.
If ATH is broken on NASDAQ:QQQ and price move similarly to the last two weekly trendline bounce, then price could reach $528 and some change before possible consolidation and/or a correction / retracement / pullback occurred with a timeline of around mid-December.
Failure to reclaim and/or break ATH can cause NASDAQ:QQQ to return back to the trendline.
This is NOT financial advice but an opinion.