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Moving Averages

XRP/USD 12/17/2024XRP/USD Daily Chart Analysis XRP is one of the OG altcoins that has maintained significant hype over time. • Accumulation Phase: After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November. • Breakout and Uptrend: In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA. o The uptrend pushed the price +265% in just two weeks. • Consolidation and Triangle Formation: After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity. • Current Price Action: Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment. o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward. o Expect volume to increase, similar to the initial breakout phase. ________________________________________ Trade Setup (Long Position): • Entry: 2.5427 • Stop-Loss: 2.1213, -16.57% • 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68 • 2nd Target: Trailing the 10-day EMA on the daily chart. ________________________________________ Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
COINBASE:XRPUSDLong
by rudcharts
MAHSING - BULLISH HAMMER CANDLESTICK ?MAHSING - CURRENT PRICE : RM1.81 MAHSING is bullish as the share price is above 50 and 200 days EMAs. After declining for two days, today the stock made a bullish hammer candlestick. This scenario may indicate that potential bottom had reached. Aggresive trader may decide to buy on this hammer candle. ENTRY PRICE : RM1.79 - RM1.81 TARGET PRICE : RM1.92 SUPPORT : RM1.74 (the low of hammer candle) Notes : MAHSING forged key partnerships with Bridge Data Centres (BDC) to drive the development of state-of-the-art data centre facilities. The Mah Sing DC Hub@Southville City, Bangi currently holds 300 MW of secured power capacity, with an additional 200 MW earmarked for future collaborations, solidifying its role as a major regional data centre hub.
MYX:MAHSINGLong
by IMRAN_96
Day Trading Strategy Using EMA Crossovers + RSI for CryptoIntroduction Day trading in the volatile crypto market requires precision and a clear plan. Today, I’ll walk you through a straightforward strategy using EMA crossovers and the RSI (Relative Strength Index) to identify high-probability trades on shorter timeframes (e.g., 5-minute or 15-minute charts). Strategy Overview Indicators: Exponential Moving Averages (EMAs): Use the 9-EMA (short-term) and 21-EMA (medium-term). RSI: Set to 14 periods with thresholds at 70 (overbought) and 30 (oversold). Trade Entry: Look for bullish EMA crossover (9-EMA crossing above 21-EMA) for a potential buy signal. Confirm the entry when RSI is above 50 but below 70 (indicating bullish momentum without overbought conditions). For short trades, wait for the 9-EMA to cross below the 21-EMA and confirm RSI is below 50. Stop-Loss: Place the stop just below the most recent swing low for long trades or above the recent swing high for shorts. Take-Profit: Use a 1.5:1 or 2:1 risk-to-reward ratio or adjust based on key resistance/support levels. Example Chart Analysis In the chart, notice how the EMA crossover and RSI alignment resulted in clean entries and exits during the trend. Closing Thoughts This strategy is best suited for trending markets, so avoid using it in choppy, range-bound conditions. Always use proper risk management and adapt to the market’s volatility. What do you think of this strategy? Share your thoughts or let me know if you’ve tried something similar!
BITSTAMP:BTCUSDEducation
by Cryptobingbong
More Downside in Caterpillar?Caterpillar fell sharply last month, and some traders may see further downside risk. The first pattern on today’s chart is the gap on November 6 after Donald Trump won the U.S. Presidential election. The industrial stock failed to hold that breakout and soon found itself at levels from September. Have buyers disappeared? Second is the price zone on either side of $360. It’s near last summer’s highs and the 200-day simple moving average. A close under it may signal a breakdown. Third, the recent series of lower highs may be consistent with bearish continuation. Next, CAT dropped on October 30 after earnings and revenue missed estimates. That may suggest fundamentals are weakening. Finally, our 2 MA Ratio custom script in the lower study shows the 8-day exponential moving average (EMA) has been under the 21-day EMA. That could be further evidence of a bearish trend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:CAT
by TradeStation
Home Depot Could Be StaggeringHome Depot fell sharply last month as the Federal Reserve gave hawkish signals, and some traders may expect further downside. The first pattern on today’s chart is the November 19 low of $399.36. HD knifed below that level on December 18 and has stayed there since. Making a lower high under its previous trough may suggest the stock’s uptrend has ended. Next is the price zone around the lows of late October and early November. The home-improvement chain has also remained below its 8-day exponential moving average (EMA). This contrasts with early November, when it closed above the 8-day EMA once and then broke through it. Is it consolidating before continuing lower? Finally, MACD has been falling. It made a lower high in early December when prices made a higher high. That kind of bearish divergence may signal a reversal TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:HD
by TradeStation
Stock market correction in 2025??I personally believe we'll see a stock market correction in 2025. 1. 30yr treasury yield going higher while FED cut interest rates. Similar situation in 1970s and 1980s where we say a 50% correction in just 2 years in the 1970s (can't remember exact dates) 2. US 10yr/3m yield curve has turned positive. Last times it's done this has been 2000, 2008 and 2020. I'm guessing you know what happened each of those times. 3. Institutional investors increasing long contracts in the yen. The Japanese Yen is a 'risk-off' investment and investors tend to favour it when they don't have much faith in the stock market. 4. US have a volatile president in Trump. The power also seems to be getting to his head a bit - he disagrees with Fed Chair Powell over interest rates, despite not being as educated in economics. He has a lot of power right now and I don't think he will be able to stop a potential market crash for the first year or 2 of his presidency. 5. Back-to-back 20%+ years from the S&P500, could be due a pullback. These are some reasons, I have some more but I don't want to be sat here writing all day. Important to note that if you're a long term investor it's best to just ignore this. "Time in the markets beats timing the markets" as they say. But if you're a day trader I wouldn't be taking many long positions on stocks this year. Could be better to start looking at opportunities in the currency markets. Then again - you don't have to trust me. This isn't financial advice, just my opinion.
SP:SPXShort
by ciantrades
Nas100 updateTechnical Analysis: Trend: • The market is still in an overall uptrend, given the ascending channel structure. • However, the recent break below the midline and rejection at the upper boundary suggest possible short-term bearish momentum. Key Levels: 1. Support: • 21,200–21,220: Current price level and a critical area to hold. A break below could lead to further downside. • 20,766 (blue horizontal line): Major support and a previous demand zone. A test of this level is possible if the bearish pressure continues. 2. Resistance: • 21,500: The midline of the channel and the 50-period MA align here, making this a key resistance zone to watch. • 21,800–22,212: The upper channel boundary and previous swing highs. Price needs to break above this to regain strong bullish momentum. Moving Averages: • Shorter MAs (blue lines) are crossing below longer MAs (red lines), suggesting bearish momentum in the short term. • The 200-period MA (thicker red line) is still acting as dynamic support, aligning with the channel’s lower boundary, adding confluence to the 20,766 level. Possible Scenarios: 1. Bullish Case: • If the price bounces from 21,200–21,220 and breaks back above the 21,500 resistance zone, it could retest 21,800 and potentially the channel’s upper boundary near 22,200. • Entry: After a bullish breakout and retest above 21,500. • Target: 21,800 and 22,200. • Stop Loss: Below 21,200. 2. Bearish Case: • If the price fails to hold 21,200, a move down to the 20,766 support zone is likely. • A break below 20,766 could invalidate the ascending channel, leading to further downside toward 20,400 or lower. • Entry: On a clean break and retest below 21,200. • Target: 20,766 and 20,400. • Stop Loss: Above 21,500. Indicators to Watch: • Volume: Look for increasing volume during key breakouts or breakdowns. • RSI/MACD: Watch for divergence signals to confirm potential reversals near critical levels. Conclusion: The market is at a critical juncture. The reaction at 21,200 will determine whether bulls regain control or bears push the price lower toward the 20,766 support zone. Stay cautious and wait for confirmation before entering a trade.
VANTAGE:NAS100Long
by AutoMarkets