Get started

M-oscillator

GALA 300% Next MovePrice is coiling up for the second half of this fractal pattern (Rally C) and I'm looking at a bottom some time around February as the last pattern took off around the same time The reason for this forecast to hit the Demand level again is because of the divergence move seen on the Trend Reader, and the fractal pattern itself calls for a retest back to demand Long term EMA is projecting flat readings for the future and this can also give us a signal for price to slam back down. Trend Reader The Short Term Signal Line is racing back to the oversold zone and once the crossover takes effect we should see price shoot back up Looking back at the Long Term Signal Line its projecting that long term momentum is dying off and that after we hit this next high we can expect price to selloff like shown before with the last divergence pattern. Targets 7.7 Cents 13 Cents 16 Cents
BINANCE:GALAUSDLong
by Nathanl19
2
EUR/AUD Change of structure, time for correction.Hi guys today we are analysing the EUR/AUD currently it has broken out of an ascending channel formulating a correction / consololidation on the previous support level at 1.65500. Additionally we can se that the RSI at least on 4H has already entered a descending channel indicating that the price is going to drop down. Entry 1.66500 Target 1.65500 We are chasing 100 pips here, then if it continues we will revisit this analysis and look into a further drop. P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Short
by DG55Capital
Daily Market Review and Analysis for BTC: January 1, 2025#BTC (Daily Chart) The cryptocurrency market capitalization has dropped by 2.5% over the past 24 hours, while #BTC dominance fell by 0.47%. Despite the bullish momentum, there is a growing likelihood of Bitcoin dropping to the $90,000 zone or lower. Bitcoin’s upward movement was halted by intensified selling pressure near $95,000. Buyers failed to hold the $94,500 level, resulting in a price decline to around $91,600. It’s worth noting that Bitcoin’s price on the daily timeframe is approaching the lower Bollinger Band, which is positioned above the seller liquidity zone. In the short term, another attempt to test the $96,000 level is likely. However, it’s more probable that a new wave of decline will follow, targeting $90,500. This would trigger stop-losses for long positions (SSL) and push the price to a local low in the $89,000–$90,000 range. From this point, a local upward trend could resume, targeting $96,963, where buyers’ stop-losses (BSL) are located. If this condition is met, Bitcoin could rally to $104,000. That said, it’s too early to make global bullish predictions. Bitcoin first needs to clear key levels and stop-loss zones at $90,500 (the nearest realistic target) and $88,722.
Short
by alihuseyn
EURCHF Wave Analysis 31 December 2024 - EURCHF reversed from resistance zone - Likely to fall to support level 0.9350 EURCHF currency pair today reversed down from the resistance area located between pivotal resistance level 0.9430 (which has been steadily reversing the price from the start of October) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 0.9430 will create the daily Shooting Star candlesticks reversal pattern – if the pair closes today near the current levels. Given the predominant daily downtrend, EURCHF currency pair can be expected to fall to the next support level 0.9350.
Short
by FxProGlobal
Technical Analysis: Bitcoin (BTC) – Regular Bearish DivergenceTechnical Analysis: Bitcoin (BTC) – Regular Bearish Divergence Hello! T he recent technical analysis for Bitcoin (BTC) highlights the presence of a regular bearish divergence between the price and the Relative Strength Index (RSI) indicator. This divergence, marked by the yellow lines on the chart, signals a potential reversal in the short-term trend and suggests a bearish outlook for the coming days or weeks. Understanding the Divergence A regular bearish divergence occurs when the price of an asset forms higher highs, while the RSI forms lower highs. This indicates weakening momentum, even as the price reaches new peaks. The yellow lines on the TradingView chart clearly illustrate this pattern for Bitcoin. Price Action: Bitcoin has recorded higher highs on the price chart. RSI Behavior: The RSI indicator, however, has failed to mirror this pattern, instead forming lower highs. This discrepancy points to diminishing bullish momentum and the likelihood of an upcoming price correction. Short-Term Bearish Implications Given the regular bearish divergence, Bitcoin’s price is expected to experience a pullback in the short term. Traders should be cautious, as this divergence often precedes a period of downward movement. Key support levels, such as $93,000 and $92,000, should be monitored closely to assess the depth of the correction. Long-Term Bullish Outlook While the short-term trend leans bearish, the long-term perspective for Bitcoin remains bullish. Several macroeconomic factors, including increasing institutional adoption, favorable regulatory developments, and a growing use case for cryptocurrencies, continue to support the long-term upward trajectory of BTC. This macroeconomic backdrop suggests that any short-term price corrections could present buying opportunities for long-term investors. Key Takeaways The yellow lines on the TradingView chart highlight a regular bearish divergence between Bitcoin’s price and the RSI indicator. This divergence signals a likely short-term bearish trend, with a potential price correction on the horizon. Long-term trends remain bullish, supported by macroeconomic factors and Bitcoin’s robust fundamentals. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Regards, Ely
BITSTAMP:BTCUSDShort
by Elysian_Mind
Bitcoin: The Cyclic Pattern Unfolding Again?Analyzing the current BTC weekly chart reveals striking similarities to the past, specifically the cycle seen at the end of 2023 and the beginning of 2024. Let’s break it down step by step. 1. Price Movement Comparison Late 2023 vs. Late 2024: At the end of 2023, Bitcoin experienced a sharp rally of around 65%, moving from the lows to a significant peak. Fast forward to late 2024, and we see a nearly identical pattern—again, approximately 65% growth from the bottom to the recent high. The symmetry is hard to ignore. 2. WaveFlow Indicator On both occasions, the WaveFlow indicator paints an eerily similar picture. It shows a strong push from the lows to the highs, followed by an expected pullback before another rally. If history repeats itself, the current setup implies that BTC will form a second peak following an intermediate bottom in the near term. 3. PrimeMomentum Long-Term Signal The red diamond signal from the PrimeMomentum Long-Term Signal BTC indicator appears in a nearly identical spot: The beginning of 2024: Red diamond signaled a top before a significant correction. Late 2024: The same signal has just appeared, aligning with a possible cyclical correction phase. 4. PrimeMomentum Oscillator At the bottom of the chart, the PrimeMomentum oscillator shows behavior that mirrors the end of 2023. This resemblance reinforces the idea that Bitcoin’s price action is following a cyclic pattern. 5. Expectations and Forecast January Correction: Based on these indicators and historical patterns, we anticipate a pullback at the beginning of January 2025, targeting a mid-range consolidation or support zone. February–March Rally: Following the correction in the second half of January, a rally is expected, peaking around March 2025, similar to early 2024’s price action. Post-March Decline: After March, we could see another downward phase, mirroring the price behavior in mid-2024. Conclusion: The Power of Cyclicality This chart showcases the undeniable rhythm of Bitcoin’s cyclicality. Indicators like WaveFlow and PrimeMomentum provide clear parallels between the current market state and historical movements. If the cycle repeats as expected: Short-Term: Prepare for a correction. Mid-Term: Watch for a strong rally. Long-Term: Plan for another cyclical downturn. The data strongly suggests that Bitcoin’s market structure continues to adhere to predictable cyclical trends. With this knowledge, traders can better anticipate key market movements and position themselves accordingly.
INDEX:BTCUSD
by SetKryptoBalans
SENDAI - BUY ON DIP ?SENDAI - CURRENT PRICE : RM0.570 SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart. i) The share price manage to breakout 50-day EMA ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure iii) CHIKOU SPAN also manage to bounce from CLOUD support level iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone v) High trading volume than previous sessions. Technically it is a BUY ON DIP for this stock. ENTRY PRICE : RM0.560 - RM0.575 TARGET PRICE : RM0.625 and RM0.690 STOP LOSS : RM0.530 TAYOR !
MYX:SENDAILong
by IMRAN_96
USDCAD Wave Analysis 30 December 2024 - USDCAD reversed from resistance zone - Likely to fall to support level 1.4400 USDCAD currency pair recently reversed down from the resistance zone surrounding the major long-term resistance level 1.4400 (which stopped the sharp uptrend at the start of 2020) intersecting with the upper weekly Bollinger Band. The downward reversal from the resistance level 1.4400 stopped the previous medium-term impulse wave (5). Given the strength of the support level 1.4400 and the overbought reading on the weekly Stochastic indicator, USDCAD currency pair can be expected to fall to the next support level 1.4315.
Short
by FxProGlobal
2
BAC | BIG Drop for Next YearSimilar distribution pattern to 2022 Feb drop, price continues to make Higher Highs and indicators make Lower Highs while trading in overbought zones Dont think its the best time to invest but to rather Trade instead with how high price is. I'm looking at about 40% in price fall by February like the last time but for now long positions may be better at $43, and then price topping out at $50. To prolong this pattern but not necessarily invalidate it I need to see a breakout above $50 and some type of quick retest with price action overshooting to the high end of the Major Resistance Zone $55, then we can end up seeing more than a 40% drop.
NYSE:BACShort
by Nathanl19
GBPUSD Wave Analysis 27 December 2024 - GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625 GBPUSD currency pair recently reversed up from the pivotal support level 1.2495 (which has been steadily reversing the pair from May) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.2495 stopped the previous medium-term impulse wave (3). Given the strength of the support level 1.2495 and the oversold reading on the daily Stochastic indicator, GBPUSD currency pair can be expected to rise to the next resistance level 1.2625 (former support from the end of November).
Long
by FxProGlobal
Nat Gas Thursday 26 DecPrice is trading in a new territory. The margin required to enter into a trade has increased as the price has increased by 70%. Now you can't buy big quantity as fluctuation has risen, thus making stop loss quite large. So if your risk appetite is not that big you should think of bringing down position size. But if you're greed driven person this is your moment. You can make big bucks by trading just one big contract without scaling into a trade. Just keep trailing your stop and the rest will be taken care of. Fluctuations are big but it only happens at the end of a trend. One more thing if you trade just to make money then this market is not for you. You don't belong here. Go someplace else. There are million ways to make money. Pick one and love it.
MCX:NATURALGAS1!Short
by aadityaghate79
Moving Average Convergence Divergence MACD A Comprehensive GuideMastering the Moving Average Convergence Divergence (MACD): A Comprehensive Guide Understanding the Moving Average Convergence Divergence (MACD): A Beginner’s Guide The Moving Average Convergence Divergence (MACD) is a popular and powerful momentum and trend-following indicator used by traders across various markets. Developed by Gerald Appel in the late 1970s, MACD helps traders identify potential trend reversals, momentum strength, and buy or sell signals. What is MACD? MACD is based on the relationship between two moving averages of an asset’s price. It consists of three main components: MACD Line: Calculated as the difference between the 12-period Exponential Moving Average (EMA) and the 26-period EMA. Signal Line: A 9-period EMA of the MACD Line. Serves as a trigger for buy or sell signals. Histogram: The difference between the MACD Line and the Signal Line. Visual representation of momentum changes. How to Interpret MACD Crossovers: Bullish Crossover: When the MACD Line crosses above the Signal Line, it signals upward momentum and is often interpreted as a buy signal. Bearish Crossover: When the MACD Line crosses below the Signal Line, it indicates downward momentum and is often seen as a sell signal. Centerline Crossovers: When the MACD Line crosses above the zero line, it indicates bullish momentum. When the MACD Line crosses below the zero line, it signals bearish momentum. Divergence: Bullish Divergence: Occurs when the price makes lower lows, but the MACD makes higher lows. This can indicate a potential upward reversal. Bearish Divergence: Occurs when the price makes higher highs, but the MACD makes lower highs. This can suggest a potential downward reversal. Strengths of MACD Versatile: Combines trend-following and momentum analysis. Easy to Use: Simple to interpret for traders of all skill levels. Effective in Trending Markets: Provides clear signals during strong trends. Limitations of MACD Lagging Indicator: Since it relies on moving averages, MACD may provide signals after a trend has already started. False Signals: In sideways or choppy markets, MACD can produce misleading crossovers. Best Practices for Using MACD Combine with Other Indicators: Use MACD with support and resistance levels, RSI, or Bollinger Bands for confirmation of signals. Combine it with volume analysis to validate momentum strength. Adjust Periods for Your Strategy: Shorten the EMA periods (e.g., 8, 18, and 6) for more responsive signals in fast-moving markets. Lengthen the periods (e.g., 21, 50, and 9) for smoother signals in slower markets. Understand Market Context: Avoid relying solely on MACD in range-bound markets where false signals are more common. Example of MACD in Action Imagine a stock is in an uptrend, and the MACD Line crosses above the Signal Line while the histogram turns positive. This is a bullish signal suggesting that the upward momentum is strengthening. Conversely, if the MACD Line crosses below the Signal Line during a downtrend, it signals that bearish momentum may continue. Conclusion The MACD is a robust indicator that helps traders identify trends, momentum shifts, and potential buy/sell opportunities. While it’s easy to use, its effectiveness improves when combined with other technical tools and a solid understanding of market dynamics. As always, backtest your strategies and practice using the MACD on historical data before applying it to live trades.
Education
by CobraVanguard
2
HOOD 5/10/2022HOOD This HOOD will be snipped HOOD is currently in an existing downtrend. I reached All-time lows in Jan.’22 and has been moving sideways between 10.86 – 15.14 since. April ’22, price broke down from range signaling continuation of downtrend. Price then pulled back to previous support at 10.86 and rejected it turning previous support into resistance. MACD is in bearish territory and has also cross its signal bearish. This is my cue to enter trade short. Entering trade short. Entry: 9.27 Stoploss: 11.23 Target: 6.58, +28.85%, 1.35 RR ratio
NASDAQ:HOODShort
by rudcharts