HBAR triggering an inv h&s + golden cross?It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to shake some weak hands that long in this zone…of course it could validate and just continue up to the target from here as well…if it does try to dip back down to the MAs to test them for support and even dip back below the neckline, probability favors that it will likely break above the neckline once again before too long an d then validate at that point if it doesn’t already validate after this first break of the neckline. Of course if we see price flip the 200ma back to solid resistance, then probability will favor this pattern becoming a fakeout…but until then probability favors it validating. *not financial advice*
Goldencross
Total 2 heading towards double bottom breakout target. We can see the total2 chart’s price action has already reached the full target of the purple symmetrical triangle breakout. In doing so it also went above the yellow double bottom neckline and now is quickly making its way to hitting that full target as well. That full target is a 988 billion. In the meantime it appears like we may see a weekly golden cross soon. Take a look back at the previous weekly golden cross and you will see that if history repeats a true alt coin season will be melting faces in the near future. *not financial advice*
HCP runs to earnings on March 4th LONGHCP is a computer infrastructure company. The December earnings were a 160% beat. Given the
quicky evolving AI supertrend, the earnings might be expected to be another big beat. However,
that could be baked into the price. However, the explosive volatility of the last trading session
say otherwise. I will take a long trade here and chase this stock. I see it as pulling out of a
pullback and continuing on higher time frames.
After a 300% Run Mind has Retested and Gearing for More!First caught my attention by the scanner
🔎 *Symbol*: `MIND/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.005523`
🛑 *Stop-Loss*: `0.0029251700000000004`
💰 *Market Cap*: `0`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.00422966`
📥 Entry Price 2: `0.00476767`
📥 Entry Price 3: `0.0052025000000000005`
📥 Entry Price 4: `0.005637329999999999`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.00845267`
📤 Exit Price 2: `0.00932233`
📤 Exit Price 3: `0.01073`
📤 Exit Price 4: `0.01213767`
i realized this coin doesn't have an extensively long history, in fact it's very brief. But Recently We had a 300% Run. After that we Retested heading all the way down close to where a stop loss would be considerable at the bottom Fib Channel. On the other hand after a 300% a Correction is not only expected it's required.
Here are the the multiple reasons we'll Consider
MIND
a Continuation
We Have a Huge Breakout and the Swing Low Following Stayed above .213 Fib on Extension
Shortly After the Moving Average Providing Support Moved up through the Fib Channel it was Wicking toward during Correction
When ADX bottomed and turned around, the MACD Failed to break the signal line and signaled a buy now showing Strength
TSLA Golden and Death Crosses on a Daily Chart SHORTShown on this daily TSLA chart with the "alligator" indicator overlaid showing SMA 20, 50 and 200
without offsets are the golden crosses of last June as compared with the "death" crosses in
January. At least for the moment but sustained by the news and antics of its CEO, the writing
for TSLA may be on a gravestone?
ACHR a penny personal air transport startup LONGACHR is a speculative penny stock with big momentum this past week for a continuation trade.
The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but
improving on putting out the fire. No competition in its intended market. $5.00 strike calls for
March monthly for $75 look good. Once upon a time, I had a fellow ER doc who commuted to
work all the time by helicopter. Cost him some money but it added 10 hours a week onto his
life. He tells me this will be huge in time when the costs and economy of scale kick in. He
believe him 1000%. Buy, buy and then buy some more ( so long as you have your risk
management figured out. ).
Archer Aviation Inc. (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Archer’s goal is to transform urban travel, replacing 60-90 minute commutes by car, with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise and cost competitive with ground transportation. With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.
"Archer Aviation Inc. (NYSE: ACHR) Company Shareholder Snapshot"
Shareholders can expect long term growth and appreciation that is expected from the enormous cash position, experienced management team, and dual revenue streams.
The Company
Raised $1 Bln. of Capital
Went public in 2021 on NYSE
Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group
Key Company Highlights
Industry leading engineering team
COO and Chief Engineer have each previously built 7 eVTOL aircraft
VP of Tesla 100 person powertrain team
Targeting commencement of operations in 2025
"Archer Aviation Aircraft 2 Unique Revenue Streams for Explosive Growth"
The company has two explosive revenue growth strategies that have the potential for long term shareholder growth year after year.
Archer Air - Aerial Ride Sharing
Archers core business
Initially targeting 50% of revenue mix
Grow 70% to 80% of revenue mix over long term
Targeting 40%+ GM
Archer Direct - Aircraft OEM
Can provide meaningful upfront cashflows & revenue diversity
Targeting 50% of revenue mix
Transitioning to 30% over the long term
Targeting 50%+ GM
"Archer Aviation Aircraft Overview Electric Vertical Take-Off And Landing"
Performance
Range: Up to 100 miles, optimized for 20 to 50 mile rapid back-to-back trips with minimal charge time.
Speed: Up to 150MPH
Payload: Industry leading 1,000lbs, pilot + 4 passengers
Advantages
Safety: Will be certified at levels similar to todays commercial airliners
Noise: 100X quieter than a helicopter
Cost: Approximately 1/3 the cost to manufactured and to operate than a traditional helicopter
"Urban Congestion Is Not Sustainable - Archer (ACHR) Solves Issue"
In 2018, 55% of the world's population lived in urban areas according to the United Nations, a proportion that they project to increase to 68% by 2050
Traffic congestion cost the US economy nearly $87Bln. in 2018.
Vast majority of trips in urban areas are less than 50 miles long, but take more than an hour.
Major cities across the world have a similar dynamic, especially trips from airport to city center.
XEM Starting to breakout Ascending TriangleThe ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better.
The MACD has recently signaled a buy and we're cruising above the signal line.
We're forming an ascending triangle with the price target taking us close to the next fib line more importantly running that 50 period moving average to form a golden cross more than likely forming a new more volatile uptrend!
Watch XEM Y'all
Fib Ranges have it running between 100-400%
Golden Cross... Bearish expanding triangle....60k incoming...
It appears as though a bullish cross has happened on the DMI.
But on the same token, it appears as though BTC is trading in a bearish expanding triangle.
It will be interesting to see how well the resistance & support holds with increased volatility.
UNG ( Natural Gase Futures ETF) Swing trade Short then LONGUNG is shown here on the 15 minute chart with text box comments showing the three trades
over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at
what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used
to generate buy and sell signals in golden and death cross fashion. A dual TF RSI indicator is
used to support those signals. As swing trades with typical stop losses these were quite
profitable with low risk. As an alternative if a trader has options charting available the same
strategy/ method can be applied for significantly higher profit with less capital in each trade.
SPY: The Most Important Technical Turning Points (D&W analysis).The SPY is once again hitting a new all-time high today, with the market looking optimistic. As long as it continues to show the pattern of higher highs/higher lows, bullish sentiment will prevail. Last month, I made several warnings that we shouldn't try to guess the top, and that the trend is upwards. The only thing that could reverse the situation would be a clear reversal signal. The link to my last public study on SPY is below this analysis, as usual.
For now, I still don't see any technical evidence suggesting a correction or a pullback, but we should pay attention to some key points, especially its medium-term support levels, because if the SPY loses them, the bullish momentum could become weaker.
Despite leaving a gap below the price, today's candle is small, revealing a contained intraday movement. If this gap closes this week, it could be classified as an Exhaustion Gap, a technical piece of evidence that the trend is losing momentum.
However, the most important key point for the SPY is the yellow area in the chart above. This point is the area of the previous all-time high at $479.98, and a secondary top at $477.55. In addition, we see the 21 EMA rising, and it will probably enter this area soon, forming a triple support level.
A pullback to this triple support level is acceptable, and it's not a technical reason to believe in an immediate reversal; after all, pullbacks in an uptrend are buying opportunities most of the time. But if the SPY loses this point, the medium-term trend could reverse, in which case the next targets will be on the weekly chart.
We can see that just below the yellow area, we have support around $466, a previous bottom, and a point near the 50-MA (red line), which is set up for the daily chart, even though we see the weekly chart. This makes the area around $466 the next area of support should SPY begin a sharper correction.
Since SPY has materialized a Golden Cross pattern (when the 50-MA breaks through the 200-MA, the black line, upwards), we can say that the official trend is upwards, but it is important that SPY keeps prices above these support levels in order to maintain the long-term uptrend.
For now, we have to be aware that the trend is upwards, and we don't see the SPY losing any support levels yet, so there are no signs of a correction, let alone a reversal in sight. We'll proceed very cautiously, paying attention to its key points. In the absence of a clear bearish reversal structure, the SPY should continue to rise, until it reaches $500, which, although not a technical resistance, is more of a psychological resistance, as we know that the market has a soft spot for round numbers.
Of course, I’ll keep you updated on this, so consider supporting this idea if you liked the content, and follow me to keep in touch. What's more, keep in mind that the idea described above reflects my humble opinion. It is not investment advice, use it for educational purposes and to improve your own thesis about the market.
All the best,
Nathan.
Golden Cross $BTC in the new year?hello everyone, and welcome to the December.
Today, Bitcoin (BTC) is currently worth 37,9k at the current price as i made this idea.
with this position Bitcoin could make to 39k-40k and make the golden cross (at 1 week) early next year.
what do you think?
This is not financial advice, still do your own research.
btc weekly 50 and 200ma cross going parabolic (Golden Cross)Sometimes on a weekly chart things can take a little longer to take effect but this alone is going to attract big investor Money
Your average CNN type investor won't put money in anything that's doesn't have the 50 day MA above the 200 day MA
You Can go back in BTC's History and see this a Reoccurring Event that when the Crosses the 200 BIG Price Action Follows
XRP looking confident above the top trendlineThat pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.
Cardano's ($ADA) Golden Cross MovementTechnical Analysis
After trading sideways for the entire month of November 2023, ADA has reignited its upward trend, reaching a yearly high of $0.49. This increase in ADA’s value could be partially credited to the stabilization in the BTC price, which has enabled various altcoins to start regaining strength.
The immediate target for ADA investors is the psychological level of $0.5. Reaching this mark could lead to a temporary pullback. However, if ADA successfully surpasses this level promptly, it could potentially accelerate the uptrend.
A downward correction for ADA seems unlikely for now. In the event of a decrease, the asset might test support levels at $0.440-$0.460, $0.430, and $0.407-$0.420. ADA's overall positive trajectory is likely to continue as long as the BTC price remains stable above $39,000.
Candle sticks indicating bullish Movement
Three white Soldiers is depicted on this candle stick with a long doji being the retest here the market will keep on surging till the bulls get tired.
The 50-day Moving Average interpolates and crosses the 200-day moving average showing signs of a "Golden Cross" indicating further bullish trend.
XRPUSD Weekly chart suggests a triangle breakout is nearingWe can see here how the bottom trendline of this brown symmetrical triangle has held support since early 2020 and will likely continue to do so. We can also see that we are on the verge of a weekly golden cross with the weekly 50ma (in orange) looking like it will cross above the weekly 200ma(in blue) shortly after the next bullish impulse in price action. Those MAs are currently serving as support for current price action and could easily maintain that support. If so then the place I arbitrarily put the dotted breakout measured move line is likely to be close to where the actual breakout occurs in which case the price target should be similar to what you see here. There is also a chance that we are given some sort of Black Friday or holiday discount, in which case price action dips below the weekly MAs momentarily….if so I personally think a retest of the bottom trendline of the brown triangle will be an optimal place for me to buy such a dip if I’m lucky enough for price action to retest it. If that were to happen the spot where the breakout eventually happens will have to be changed but it shouldn’t effect the price target too dramatically. Of course as always this is not financial advice and simply my strategy for my own holdings. Thanks for reading. Excited to see how this one pans out.
Market Update - November 3rd 2023
Bitcoin holds onto gains as a golden cross appears: Bitcoin (BTC) consolidated around $35k USD this week after its price action exhibited a “golden cross” on the daily BTC chart. Market observers have suggested that such price action could portend a continued upward trajectory for the leading crypto.
Sam Bankman-Fried found guilty on all counts: Sam Bankman-Fried, the founder and former CEO of FTX, was found guilty on all seven counts. He faces up to over 100 years in prison. The sentencing hearing is tentatively set for March 28, 2024. In closing arguments this week, prosecutors argued that SBF built his FTX empire on a “foundation of lies and false promises” describing him squarely as a liar who fabricated a “pyramid of deceit.” The defense sought to convince the jury that SBF had simply made mistakes that culminated in the collapse of his once $32 billion empire.
Solana leads altcoin charge as ether lags: Altcoins performed well this week, with Solana (SOL) a notable outperformer, rallying 24%. Research analysts have pointed to SOL’s high throughput and growing developer activity as fundamental catalysts for the rally. Other notable high-performers include Decentraland (MANA) +16%, Uniswap (UNI) +13%, Cardano (ADA) +11%, Polkadot (DOT) +11% and Ripple (XRP) +11%. Ether (ETH) prices did not follow suit gaining around 1.7% this week.
Federal Reserve holds rates steady and yields continue to dip: The Federal Reserve held its target interest range between 5.25%-5.5% this week. The Fed did not rule out the possibility of future interest hikes depending on economic data, whereas most analysts have ruled out any additional hikes this year. Treasury yields continued their decline, with the 10-year treasury yield dropping 12 basis points after the Fed meeting.
📊Topic of the Week: Technical Analysis
➡️Read more here
ZOMATO - Golden Cross Possible upside of 30%NSE:ZOMATO
After a year of downtrend, Golden crossover has formed indicating possible long upside for 3 to 6 months.
Highly possible that if the market give good rally then the share would break previous high (Rs. 168).
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
CHOLAMANDALAM INV near Breakout levelsThe stock is forming an ascending triangle pattern backed by price rising on the 20 EMA. After the golden crossover of 20/200 EMA the price seems to be headed upwards and can prove to be a potential winner if the trend continues. The current price is near new breakout levels as it surpassed previous highs recently.
This stock is also showing a good RS vis-à-vis Nifty 50 Index which shows it is a outperformer.
Crowdstrike Holdings Testing Support, Whats next?Hi guys! This is a Technical Analysis on Crowdstrike Holdings (CRWD) on the 1 Week Timeframe.
Since this is a WEEKLY chart, its important to note that the current candle is not yet confirmed and closes end of trading Friday, 08/11/2023
Lets take our attention to the Orange circle highlighting current price action.
We have reached a critical SUPPORT zone.
A place where 2 SUPPORT levels converge
1. BLUE LINE - the 21 W EMA
2. BLACK SUPPORT TRENDLINE - 6 month support trend line
Currently we have "WICKED" or bounced from this convergence of supports.
It is crucial that we close this weeks candle ABOVE this zone.
Critical also to stay above the 21 W EMA, as doing so indicates BULLISH TREND.
Confirming BELOW would indicate BEARISH Trend.
*** If we see confirmation of SUPPORT
-> this can be an ENTRY ZONE for a potential trade/bounce back up.
*** How ever its a little too soon to tell
We are also currently BELOW another TRENDLINE thats labeled "Support turned RESISTANCE".
It be nice to see PRICE get ABOVE this, come end of week.
Notice also the RED CIRCLE that shows our REJECTION from a convergence of RESISTANCE.
Here we have 2:
1. being the ORANGE horizontal resistance line
2. Slanted BLACK LINE
Take a look also at the LARGE UPPER WICK and how multiple candles have LARGE UPPER WICKS.
This indicates SELL PRESSURE and that this area is a tough area to break to the UPSIDE.
It can give off further bearish momentum to the downside.
We also have GOLDEN CROSS of the:
1. 21 EMA
2. 50 SMA
BUt this alone is not enough for the BULLISH CASE.
We need to have price stay ABOVE for it not to be short lived and become a FAKEOUT.
Worst case scenario for now if we CANNOT maintain SUPPORT at our current area.
ANd we end up breaking below 21 EMA & 6 MONTH SUPPORT LINE.
Look to the 50 SMA as a SUPPORT level, it is currently pointed down so where ever it converged with price action at the time if a hypothetical price decline.
If that fails, look to the ORANGE " Previous Resistance Trend from TOP" line. That would actually be a wonderful zone, provided we maintain SUPPORT.
-> This would be another zone to enter POSITIONS for a trade.
Now lets take a look at our Indicators.
1. RSI -> We printed a Lower High, with RSI going BELOW the BLACK Moving Average.
If you look LEFT, there is evidence that when we do this, price tends to drop. So be alert.
2. STOCH RSI is also in the process of printing a BEARISH CROSS. If this happens BEARISH moment will enter, leading to the probability of further price DECLINE.
-> If you look LEFT, everytime we point down, it has coincided with price DECLINES.
3. MACD, with the printing of light GREEN histograms that are small in size, this also is an indication of waning of BULLISH momentum. If we see a CROSS between blue/orange lines where BLUE goes under the ORANGE -> this will lead to an injection of BEARish momentum and further price DECLINES.
CONCLUSION:
CRWD has reached a critical SUPPORT zone, for us to start our descent back to the all time highs we need to maintain SUPPORT here. Some signs point to bullishness where others give off signs of continuation of a DECLINE from our REJECTION zone. But the first thing that needs to get done is confirming SUPPORT above the mentioned zones. Important to see what price action and the indicators do come end of the week.
Stay tuned for more updates on CRWD in the near future.
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
Covid & Vaccine Related Novavax Long Play in the cardsHi guys! So lately theres been some buzz on a particular variant, increased cases of hospitalizations and government backing. At risk population that require vaccinations/ boosters will always exist. Therefore, i believe this fact along with various technical analysis findings can make companies such as Biontech, Moderna and even not as famous Novavax potential plays.
(Look below for my analysis on Biontech)
Jumping right in. This is a technical analysis on Novavax (NVAX) on the 3 day timeframe.
Zoomed in we can see that we have a GOLDEN CROSS.
Between the:
21 EMA
50 SMA
Being on the 3 Day its ALOT more Powerful than having it on 1 Day and it may influence the larger timeframes. Which is what we want.
We have also maintained SUPPORT on both Moving Average. (21 EMA and 50 SMA)
This is a great sign, if we continue like how we are with our current candle during the close that would further confirm Support and a bullish case in my opinion.
This 3 day candle will close on the 8th of September. Pay attention to how big the body of candle gets on the close.
With this i would like Volume to start to pick up especially if and when we get to the "flat trendline".
Another important development to notice is the Ascending Triangle.
This can be giving us evidence we are in the process of BOTTOMING out.
Watch for the breakout ABOVE the Flatline. This with confirmation of Support on flatline would be a Major Area to take Long Positions.
I would ADVISE AGAINST buying inside the triangle. But Belowthe Ascending Support Line would be an area for Stop losses.
Watch also how the MACD acts. If we continue in Green and the Blue/Orange lines make it ABOVE 0 level. We will be off to the races, as it would be the necessary catalyst that provides momentum to have the triangle play out.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on NVAX in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
BTCUSD confirming a fakeoutIn this brief and simple analysis, I'd like to focus your attention on the interplay between the 55EMA (green line) and the 200EMA (purple line), on the 1D timeframe of the index chart for BTCUSD.
In technical analysis, when a faster moving average crosses above a slower moving average, you obtain a bullish cross, when the faster one crosses below the slower one, you have a bearish cross on your hands.
Sometimes, when a cross is about to present itself, you'll witness a fakeout instead: a move on the opposite side of the trend that nullifies such potential cross between the moving averages.
Usually, when something like that happens, price action tends to continue towards that direction sooner rather than later.
While this is not a must, it's a general rule of thumb.
In this specific case, we can observe what I would call a majestic example of a fakeout on the 1D timeframe, meaning that as long as all closes remain above the slower moving average - the 200EMA in this case - there's no reason to be bearish on BTCUSD.
At the time of writing, the 200EMA is sitting around 27000.