A look at Bitcoin's current chart in the very high timeframe
So, I mentioned Bitcoin would get a pullback to around 100k one more time before it breaks much higher and heads to 120k. Let's see how that plays out.
There's no indication to me whatsoever that Bitcoin price is trying to push lower from these levels which is
a nice change. Giving buyers another opportunity because I don't think bitcoin will see 100k again after today.
Price is on a monthly timeframe here but Macd & my 2 preferred underneath price and cruising upwards on 5 minute timeframe as well.
Moving Average Convergence / Divergence (MACD)
LONG: Mahindra & Mahindra on the Rise: Targeting New Highs!🔍 Technical Analysis Report: NSE:M_M
Current Overview: 📈 NSE:M_M have shown a strong reversal from its recent low of ₹2,665.55. This recovery is significant as it has crossed the 0.382 Fibonacci retracement level, with the highest reference point being the level 1 Fibonacci at ₹3,214.95.
Key Observations:
Volume Analysis: Over the past 3-5 trading days, the stock has displayed consistent positive volume, indicating sustainable upward movement. 📊🔼
Critical Resistance: Since mid-June, the stock has been approaching a key resistance level. It briefly breached the 0.5 Fibonacci level yesterday but closed near the 0.382 Fibonacci level. 🚧
Price Movement: Today, the stock opened around the 0.382 Fibonacci level at ₹2,827.10 and is inching upwards. 📈
Technical Indicators:
MACD Analysis: The current MACD (Moving Average Convergence Divergence) shows an impending buying crossover. If market conditions stay favorable, we anticipate the MACD histogram turning green tomorrow, reinforcing the bullish trend. 🔄🟢
Target Levels:
🎯 First Target: ₹2,942.15
🎯 Second Target: ₹3,005.10
🚀 Extended Target (if resistance is broken): Around ₹3,100.00
Risk Management:
Primary Stop-Loss: ₹2,800.00 to protect against downside risk. ⚠️
Extended Stop-Loss: ₹2,720.85 for those accommodating broader market volatility. 📉
Conclusion: 🟢 If M&M opens in the green tomorrow, this will confirm the buying trend, potentially reaching the target levels mentioned above. However, cautious trading is advised, particularly around the set stop-loss thresholds, to manage inherent market risks effectively. ⚖️
#Hashtags: #MahindraAndMahindra #StockAnalysis #TechnicalAnalysis #FibonacciLevels #MACD #TradingInsights #StockMarketIndia #BullishTrend #InvestmentStrategy #RiskManagement #FinogentSolutions
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve significant risk, and you should conduct your own research or consult with a financial advisor before making any investment decisions.
#AVAX #AVALANCHE 2025 TARGETSBased on what we see on the three-year chart of AVAX, the uptrends of this currency are also created on parallel trends. The last time this trend level was touched was on November 3, 2024, and we are currently observing a hidden divergence on the MACD indicator. Therefore, we can expect the next uptrend for AVAX to begin soon. The price targets are:
1- 60$
2- 84$
3- 123$
4- 205$
STOPLOSS: 29$
Optimized MACD Study with AlertsThis Pine Script study enhances the classic MACD indicator with additional functionality, making it a powerful tool for traders who want actionable and visually intuitive signals on their charts. It is designed to help traders identify BUY and SELL opportunities with customizable alerts, along with visual labels for better chart interpretation.
Key Features:
Customizable MACD Settings:
Users can adjust the Fast EMA, Slow EMA, and Signal Smoothing parameters to fit their specific trading strategies and preferences.
Take Profit Logic:
The script includes a take profit mechanism that tracks price movement after a BUY signal and highlights when the target is achieved.
Visual labels ("Take Profit Hit") make it easier to track price performance directly on the chart.
Visual Signals:
BUY signals are labeled clearly on the chart when the MACD line crosses above the Signal line.
SELL signals appear either when the take profit is hit or when the MACD line crosses below the Signal line, making it easy to interpret market conditions at a glance.
Dynamic Alerts:
Selectable alerts are included for both BUY and SELL signals, allowing traders to stay informed in real-time without constant monitoring.
Alerts dynamically display the symbol, time, price, and reason for the alert (e.g., BUY Signal or SELL Signal due to Take Profit or MACD Exit).
User-Friendly and Flexible:
This study is versatile and suitable for different asset classes and timeframes, from cryptocurrencies to stocks or forex.
Clear visual annotations and dynamic alert messages make it beginner-friendly yet powerful enough for experienced traders.
How to Use:
Attach the script to your preferred chart and timeframe, adjust the MACD settings as needed, and set up alerts using the "BUY Alert" and "SELL Alert" conditions in the TradingView alert system. The custom alert messages provide key details, such as the symbol, time, and current price, helping traders respond quickly to opportunities.
This script is ideal for those looking to enhance their trading strategy with actionable insights and automated notifications. Whether you're day trading or swing trading, the Optimized MACD Study provides a robust framework for informed decision-making.
(SOL) solana "resilient"Solana appears to be holding a strong flat pattern throughout the duration of the trending cycle of moving averages with the holding pattern reaching a resolute moment where the unknown may prove to be postively received, or negative if the MACD lines fall beneath the 0 neutral measurement. Solana is not immune to losing in price; it is capable of gaining too though.
DOGEUSD Dogecoin pulling back to add LONGDogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving
averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21
while the EMA 50 continues to trend higher. The relative strength look back is solid green.
I see this as an excellent point to add to Dogecoin with the risk being the market cap leader
Bitcoin loses momentum and takes Dogecoin and others sideways or down.
RSI as a Trend ToolMost people use the RSI as a momentum indicator,
trying to find Overbought/Oversold (OBOS) conditions,
and/or divergences.
However there is also a way to use it as a Trend Tool.
There is a mathematical relationship that connects the RSI and EMA's.
The formula is RSI(x) cross-over 50-line = Close cross-over EMA(2x)
i.e. RSI(14) cross-over 50 line = Close cross-over EMA(28)
This one of the properties of the RSI,
which I discovered when taking a more indept look into momentum indicators,
which ultimately led to the discovery of the MACD-v in 2014/2015
The MACD-v was then publicly disclosed in 2022,
in the form of a a paper called
"MACD-v: Volatility Normalised Momentum",
which was awarded:
It has won 2 International Awards:
1. The “Founders Award” (2022),
for advances in Active Investment Management
from the National Association of Active Investment Managars (NAAIM)
2. The “Charles H. Dow Award” (2022)
for outstanding research in Technical Analysis,
from the Chartered Market Technicians Association (CMTA)
US Dollar Four Day OutlookIt's always important to look the US Dollar when determining the outlook for Bitcoin. Remember, when the US Dollar rises, Bitcoin does the opposite, which is why the price of BTC is experience in the red.
However, looking at the US Dollar Chart, the DXY is oversold on the Relative Strength Index. This is a bullish momentum for Bitcoin, as the US Dollar can experience a pullback for the next four days.
We need to wait confirmation on the MACD on the four hour timeframe.
THIS IS NOT FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH.
TSLA 120 minutes Chart Moving Average pullbacks for Short EntryTSLA has been trending down in a channel since it marked the first trading day of this new year.
The chart is set up on a 120-minute time frame with the Williams Alligator indicator of
SMA10 SMA20 and SMA50 ( offsets 10, 5, & 2). In a strong downtrend, the averages are parallel
with SMA50 higher then SMA20 and SMA 10. For a good short entry, the price should pullback (
and up) through the SMA10 but not through the SMA20. An entry is taken when price falls
back through the SMA10. The supertrend may be reversing if any of the lines cross in a
golden fashion or price crosses the SMA20 or SMA50. On the chart, red down arrows mark the
best six entries YTD. There have been no exits despite any shorting pullbacks such as the past
day or so more or less from some news catalyst delivered by a certain fund manager to protect
her glut max and maybe wallets of clients. This strategy is well suited for a low intensity low
effort & minimal screen time type trader of shares or options to strike a balance overall and
profitable one at that with more simplicity and less complexity with noise and indicator
overload tuned out.
Nathan's Famous (NATH) Set to Take Off for Q3'23 through Q1'24Macro Trend Lines from All Time High and before are converging before the end of the year and and into Q1'24. With this convergence and the MacD looking the lowest it's been since May of '22 where NATH then went on to gain nearly 200% value over the next 16 months. This one is a long term buy, and will continue to perform well into '24.
NFLX is rising from supportNFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the
POC line of the volume profile showing buying pressure has extinguished bearish momentum.
The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally,
NFLX revenues have increased with the household password crackdown. Traders and investors
have noted that. I see NFLX as setup for a long entry. I will determine the best entry on
a lower time frame either 5 or 15 minutes. I see targets as 485 and 560 based on horizontal
resistances on the 4H and daily charts and so a good potential reward compared with the
risk of a stop loss at 416 set below the POC.
Buy and Sell signals from MACD and RSI scriptThis code includes various input parameters that users can configure, including RSI and MACD periods, RSI overbought and oversold levels, MACD timeframes and signal period, and stop loss and take profit levels.
By using the input() function, users can easily change the values of these parameters through the script's settings/inputs, without needing to modify the code itself
//@version=5
// Author: divinedestinyman
strategy("RSI-MACD Strategy with Multiple Timeframes", overlay=true)
// Define input parameters
rsi_timeframe = input(title="RSI Timeframe", type=input.resolution, defval="D")
rsi_period = input(title="RSI Period", type=input.integer, defval=14)
rsi_overbought = input(title="RSI Overbought Level", type=input.integer, defval=70)
rsi_oversold = input(title="RSI Oversold Level", type=input.integer, defval=30)
macd_timeframe = input(title="MACD Timeframe", type=input.resolution, defval="D")
macd_fast = input(title="MACD Fast Period", type=input.integer, defval=12)
macd_slow = input(title="MACD Slow Period", type=input.integer, defval=26)
macd_signal = input(title="MACD Signal Period", type=input.integer, defval=9)
stop_loss = input(title="Stop Loss", type=input.float, defval=0.02)
take_profit = input(title="Take Profit", type=input.float, defval=0.02)
// Calculate RSI and MACD values
rsi_value = request.security(syminfo.tickerid, rsi_timeframe, rsi(close, rsi_period))
= request.security(syminfo.tickerid, macd_timeframe, macd(close, macd_fast, macd_slow, macd_signal))
// Generate buy and sell signals
rsi_buy_signal = crossover(rsi_value, rsi_oversold)
rsi_sell_signal = crossunder(rsi_value, rsi_overbought)
macd_buy_signal = crossover(macd_line, macd_signal_line)
macd_sell_signal = crossunder(macd_line, macd_signal_line)
// Plot RSI and MACD lines
plot(rsi_value, color=color.yellow, title="RSI")
plot(macd_line, color=color.blue, title="MACD Line")
plot(macd_signal_line, color=color.red, title="MACD Signal Line")
// Execute long and short trades based on signals
if (rsi_buy_signal and macd_buy_signal)
strategy.entry("Buy", strategy.long)
if (rsi_sell_signal and macd_sell_signal)
strategy.entry("Sell", strategy.short)
// Close long and short trades based on signals
if (macd_sell_signal and strategy.position_size > 0)
strategy.close("Buy")
if (macd_buy_signal and strategy.position_size < 0)
strategy.close("Sell")
// Set stop loss and take profit levels for long and short positions
strategy.exit("Exit Long", "Buy", stop=close * (1 - stop_loss), limit=close * (1 + take_profit))
strategy.exit("Exit Short", "Sell", stop=close * (1 + stop_loss), limit=close * (1 - take_profit))
Litecoin long-term bullish trend promised by technical analysisAdditional notes:
upcoming halving
Strong bullish outlook for weekly long-term perspective. Bullish tendency short term (view follow up)
This information is by no means financial advise, you trade at your own risk, I am in no way responsible for your actions, seek professional advise from licensed financial experts!
COIN LONG after a reversalCOIN's long downtrend reversed after signs of the end of the crypto winter
and SBF brought to justice to clean up the crypto industry.
Moving averages show the inflection and new uptrend.
On the volume profile, the price rose over the POC line showing
that buying pressure exceeds selling pressure.
The chart pattern shows a double bottom late December
and this past Monday clearly establishing a key support level.
This looks to be a good swing long with a target being the
0.5 fib level of the retracement from the downtrend.
Call option contracts are a good alternative to a sizeable
trade of stock.