Streamr (DATA) - Bullish divergenceOn the above 5-day chart price action has corrected over 90% since April 2021. Now is a good opportunity to go long. Why?
1) Price action and RSI resistance breakouts.
2) Price action finds support on past resistance.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period as was the previous.
4) The flagpole measures out at 800% to target.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe for long: now
Return: 800%
Oscillators
Is ANKR about to print a 1500% move?On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance. Look left.
3) The macro bull-flag breakout plus confirmation of support.
4) A number of tradingview.com ideas are ‘short’. Remember the 9 out of 10 market participants will lose money. Be the 10%.
5) Bonus observation, see chart below.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: Trade
Risk: <6%
Timeframe: Act now
Return: 1500%
Little bull flag with 250% projection
The Rocket Booster Strategy Boosted Part 2Trying to find a pattern to trade
has been a challenge..and so in this video
i show you the rocket booster
strategy boosted.
-
First, you need to make sure you
do not trade flat markets..
This is a mistake I have made a lot.
-
Second, you need to increase the amount
of volume you are trading because in the
stock market the traffic can get stuck.
-
Third try your best not to trade low-volume stocks
this is also something I was very fond of doing
Because I was so good at technical analysis
I never understand the power of volume
-
Lastly, you need to create
a combination of trading systems
That will help you identify the best swing trading
Opportunities
In this video we are using the following
indicators:
1-Volume
2-Rate Of Change
3-Moving Averages
Creating a system with a combination of these indicators
should help you build a strong trading system
-
And trading strategy
Watch this video to learn more.
-
Disclaimer:Trading is risky you will lose money wether you
like it or not please learn risk management
and profit taking strategies.
Danimer Scientific, Inc.On the above 10 day chart price action on this penny stock has corrected 98% since February 2021. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Past resistance confirms support. (yellow arrows).
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action as measured over 6 months.
4) The falling wedge formation forecasts a 8000% move as measured from the highest to the lowest wedge touch points.
5) No share splits. True.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: <= 3%
Timeframe for long: Qrt 2, 2024
Return: 8000%
Stop loss: 55 cents
Pull back is a pattern that can be recognized after it is formed
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The HA-High indicator is showing signs of being created at the 69843.04 point.
Accordingly, the point of observation is whether it can receive support and rise near the 69843.04-70148.34 section.
We need to check whether the StochRSI indicator falls below 50 due to this decline.
When the price is supported in the 68393.48-70148.34 range, if the StochRSI indicator remains below 50 and StochRSI > StochRSI EMA, it is a time to buy.
Basically, if the StochRSI indicator is above 50, it is better to focus on finding a time to sell, and if it is below 50, it is better to focus on finding a time to buy.
In particular, you should focus more when it is in the overbought and oversold ranges.
-
The MS-Signal indicator consists of M-Signal and S-Signal.
Since S-Signal is currently in the 66668.65-68393.48 range, it is possible to touch this range and rise, so caution is required when trading.
Therefore, it is better to check the movement when the state of M-Signal < S-Signal is changed.
---------------------------------------------------------
(BTCUSDT.P 1D chart)
If it falls below 68447.9, liquidation is required for positions purchased (LONG) below 67044.1.
In other words, if the first installment liquidation was performed above 69835.3, the second installment liquidation is required around 68447.9.
Then, when it shows support in the 68447.9-69835.3 range and the StochRSI indicator is below 50 and StochRSI > StochRSI EMA, you can make an additional purchase (LONG).
It is recommended that this additional purchase (LONG) be made below 69835.3.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
The Secret Of The 3 Step System..I made a mistake by recommending buying Apple stock
its was so quick that it showed up on my screener
and then disappeared.
In order to fight this error I have
decided to only scan for stocks after the market close.
The trap is called a bull trap.
Because it happened during trading hours
My Big Bull Trap Mistake
This mistake is so painful because
I was so confident in my ability to trading
the capital markets.
I felt like I let my followers down.
this is why I always say trading is risky you
will lose money as soon as I noticed this mistake I
cut my losses quickly just like Tim Sykes
usually says to do.
Now look at this chart NYSE:HIMS
below you will see the RSI indicator.
This indicator will help you measure whether
the price of stock is cheap or expensive.
Are you Good At Risk Management?
When you start trading risk management is very much
important for you to master and understand.
Am not perfect with my trades.
But I will try to show you the
best technical analysis tools I use.
But there is one last step that you have to master.
Its called crowd psychology.
Having technical analysis tools is not enough.
this is why you have to invest in a newsletter
or research service that supports your
trading journey.This research that you will
engage with will help you with understanding
crowd psychology and risk management tactics.
The good news is there are a lot of trading experts that
are willing to share their knowledge with
you for a monthly or yearly fee.
You just need to increase your interest.
How To Develop A Trading Strategy
Developing a trading strategy as well
takes time. Yesterday I felt so discouraged
because I chose the path of studying the
capital markets.No one teaches about the
capital markets in school.
And so I felt like I was just wasting my time.
But deep down I believe the capital markets
are a form of production.
That we need in an economy.
In order to master technical analysis
I developed a strategy called
The rocker booster strategy
And it has 3 steps:
Step#1 - The price has to be above the 50 MA
Step#2 - The price has to be above the 200 MA
Step#3 - The price should gap up in an uptrend
if you follow these steps you will learn
trend analysis, technical analysis and
uptrends. If you don't then you can always learn more
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money whether you like it or not
please learn risk management and profit-taking strategies
Wen Alt Szn?BTC.D has just tested the .618 of its December 2020 long term high, December 2020 marked the beginning of the 2021 alt season. Its December 2020 long term high is the .618 from December 2016, December 2016 marked the beginning of the 2017 alt season.
BTC.D's weekly RSI has entered overbought levels while forming bearish divergence similarly to the December 2020 long term high.
Solana Short Setup even in a Bull-run / Risky but we are tradersBINANCE:SOLUSDT
COINBASE:SOLUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
172.35
169.89
167.72
164.76
🔴SL:
182.02
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
$SPY November 1, 2024AMEX:SPY November 1, 2024
15 Minutes.
Gap down did not allow to initiate any short which were closed earlier around 579 levels.
575 supports did not hold and AMEX:SPY continued to make lows.
For the large rise 539.95 to 586.12 4SPY retraced to 38.2 % levels and also 50-day average in daily.
If this is not supported, we can expect 558-=562 levels which is 100 averages.
If we see the daily chart 565 is important to hold.
If this is broken, we have a history where AMEX:SPY went back to 539-540 levels twice from that number.
No trade day today.
How ever for the fall 583.32 to 568.44 a retracement to 578 levels will give a chance to short. Depending on moving averages. At the moment SL is 580 being 200 averages in 15 minutes.
We are having an oscillator divergence at lows near close. So, i expect a retracement.
The point of interest is whether it can create a pull back
(Title) The point of interest is whether it can create a pull back pattern
--------------------------------------
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
With this decline, the BW (100) line was created at the 72344.74 point.
Therefore, the key is whether it can rise above 72344.74.
-
The price is passing the StErr Line around 71280.01, and the M-Signal indicator on the 1D chart is passing around 68393.48.
Therefore, if it is supported and rises between the M-Signal and StErr Line on the 1D chart, a short-term pullback will form.
If not, and it falls below the M-Signal indicator on the 1D chart, it is highly likely that it will show a short-term downtrend.
For this reason, as I mentioned yesterday, if it is supported between the M-Signal and 70148.34 on the 1D chart, it is time to buy more.
However, in order to buy more like this, a split sale must have been made before.
-
If not, and you need to buy new,
1. When it is supported around 67414.39-68393.48,
2. When it breaks through 72344.74,
there are two methods above.
The prerequisite for buying new is that the StochRSI indicator is below 50 and shows an upward trend.
If not, and the StochRSI indicator is above 50 or showing a downward trend, it is better not to buy.
----------------------------
(1h chart)
The linear regression channel indicator has set the length to 50, so the channel moves over time.
The channel is showing a change from an uptrend to a downtrend.
-
Back to the main story, the point of observation is whether the price can be maintained by rising above the 5EMA of the 1D chart and whether it can rise above the middle line of the channel.
If it fails to rise, volatility is expected to occur while touching the M-Signal indicator of the 1D chart.
Accordingly, as I mentioned on the 1D chart, we can see that the points 68393.48, 70148.34, and 71280.01 are important support and resistance points.
-
If you bought below 68393.48, you can see that the area around 68393.48 is the last selling point.
-
If the StochRSI indicator is above 50, it is better to find a time to sell, and if the StochRSI indicator is below 50, it is better to find a time to buy.
However, this is only when you are trying to make a new trade.
-
I am currently holding a long position.
And, since I thought it would create a pull back pattern and rise, I gave you an example of additional buying in the idea yesterday.
So, I didn't mention SHORT this time.
I think this SHORT position is likely to end sooner than expected.
USDC is volatile, so it can show a gap down at any time.
However, since USDT is continuously showing a gap uptrend, it can be seen that the coin market is likely to continue its upward trend.
And, because BTC dominance is on the rise.
The rise in BTC dominance also means that funds are concentrated on BTC.
Therefore, when BTC dominance is on the rise, it can be seen that it is more advantageous to trade BTC than altcoins.
If USDT dominance falls below 4.97 and is maintained or shows a downward trend, I think the coin market is likely to start an uptrend.
In order for this uptrend to lead to an altcoin uptrend, BTC dominance must fall below 55.01 and be maintained or show a downward trend.
If not, there is a possibility that it will become a strange uptrend where only BTC rises, so be careful when trading altcoins.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
DOGEUSDT.PTo whom it may concern,
This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
Australian ASX 200 SPI futures look good if you're a bearThe picture for Australian ASX 200 SPI futures look good if you're a bear.
We've seen a bearish engulfing candle on Wednesday with follow-through selling today, accompanied by an uptick in volumes. Momentum indicators are providing bearish signals, too.
But it is month-end and the price does find itself sitting on the 50DMA, a level that has been respected consistently apart from a period between June and July this year.
Even though price and momentum signals suggest selling rallies may work better than buying dips in near-term, unless we see a close beneath the 50DMA, going short beforehand comes across as a low probability play given prior interactions with the level.
If the price closes and holds beneath the 50DMA, you could sell with a stop either above it or 8200 for protection. On the downside, 8080 is the first level of note, but to make the trade stack up from a risk-reward perspective, 7860 comes across as a more appropriate target.
Good luck!
DS
ASX 200 flirts with bearish reversal breakoutElection jitters are in the air, and it is weighing on Wall Street sentiment - and dragging the ASX 200 with it, which also faces pressure from a spate of weak China figures in recent weeks.
A potential head and shoulders top has formed on the daily chart, and prices are close to testing a support zone which could double up as a neckline.
For now, the ASX appears hesitant to break the 8130/50 support zone which brings could prompt a minor bounce over the near term.
A break beneath 8130 confirms the bearish reversal, which projects an approximate downside target near 7900 and the 200-day EMA. Also note the 8100 and 8000 levels which could provide support along the way
MS
$SPY October 31 2024AMEX:SPY October 31, 2024
15 Minutes.
Still within the box.
For the fall 586.12 to 574.41 4SPY retraced 78%. So double bottom is what Hence, expect.
For the fall 583.32 to 576.36 582 is the level to short for 578-579. If this is broken, we can expect 576 levels which is 200 averages in one hour time frame.
The issue we have at the moment in one hour is AMEX:SPY made LL at 580.38 and 574.41. But no divergence in oscillator. Hence, I don't see much downside. At the moment.
Go long above 585 and short cover at 579 578 levels. Maximum downside as mentioned is 576 levels as of now.
For altcoins to follow the rise of BTC, ETH needs to rise
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTC.D 1M chart)
In order for altcoins to show an upward trend, BTC dominance must be in a downward trend.
Otherwise, altcoins are likely to fail to follow the movement of BTC and gradually move sideways or show a downward trend.
You should not judge the market movement solely based on the rise or fall of BTC dominance.
At least you should look at it together with the USDT dominance chart.
You can tell to some extent whether the coin market price is rising or falling by looking at whether USDT dominance is falling or rising.
To summarize the above,
- BTC dominance rises: Funds are concentrated toward BTC
- BTC dominance falls: Funds are concentrated toward altcoins
- USDT dominance rises: Coin market is likely to show a downward trend
- USDT dominance falls: Coin market is likely to show an upward trend
--------------------------------------------
(ETHUSDT 1D chart)
In any case, ETH is the coin with the largest market cap among non-BTC coins.
Therefore, it is likely that BTC dominance will show a downward trend only when ETH starts to rise.
-
Currently, ETH is stuck in the box range (2273.58-2706.15).
The M-Signal indicator on the 1M, 1W chart is showing a convergence as it passes near the 2666.70-2706.15 section.
Therefore, if the price rises above the 2666.70-2706.15 section and maintains, ETH is expected to form an upward trend.
Therefore, whether it can break through the 2666.70-2706.15 section upward is the key.
-
If the price maintains above 2706.15, it is expected to rise to around 3265.0-3321.30 and determine the trend again.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Volatility period starts around November 4th
(Title) Volatility period starts around November 4th (example of additional purchase)
-----------------------
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATX indicators.
The BW (0) indicator is an indicator that appears when the BW indicator touches the 0 point and rises.
Therefore, it indicates the point where the rise begins, that is, the low point section.
The BW (100) indicator is an indicator that appears when the BW indicator touches the 100 point and falls.
Therefore, it indicates the point where the decline begins, that is, the high point section.
-------------------------------------------
(BTCUSDT 1D chart)
The BW indicator value touched the 100 point and an arrow was displayed.
When a new candle is created, it is necessary to check whether the arrow remains the same.
The fact that the BW indicator touched the 100 point means that the upward strength is strong.
Therefore, it can be interpreted that there is a high possibility that it will lead to an additional increase.
However, when the BW (100) line is created, it can be said that it means that the possibility of a decline has begun to increase.
Therefore, it means that the possibility of a pull back or decline has begun to increase.
-
The point of interest is whether it will show a renewal of the ATH by touching the current highest price of 73777.0 or higher, or whether it will continue to decline.
There is a saying that the coin market is a trend-following market.
It can be said that this is a market with a strong tendency to follow a trend that has been formed.
Therefore, when a new candle is created, it is necessary to check the movement of the StochRSI and StochRSI EMA indicators.
Since the StochRSI EMA indicator is currently located in the middle section, it is necessary to check how much it rises when a new candle is created and the change in the slope of the StochRSI indicator.
-
If it progresses downward, the area around 70148.34 is expected to be an important support and resistance area.
The reason is that it is near the upper point of the box of the HA-High indicator on the 1M chart.
In addition, the StErr Line is passing through the 70148.34-71280.01 section, confirming that it is an important point.
-
If you bought below 67414.39, it is recommended to sell and wait for the situation to be confirmed when resistance is confirmed in the 68393.48-69031.99 range.
You should have sold in installments around 71280.01 or 73000.0 before that.
-
If the average purchase price is below 67414.39 and you sold in installments around 71280.01 or 73000.0, you can buy more when a pull back is confirmed.
However, the additional purchase should not exceed the current holding amount.
If you buy more than the holding amount, the average price will rise significantly and you may not be able to hold on or it may turn into a loss.
Therefore, when the support is confirmed in the 68393.48-70148.34 section, additional purchases can be made below 70148.34.
This additional purchase is possible because the split sale was made.
-
The next volatility period is expected to start around November 4th.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
The full-scale uptrend is expected to start after rising by more than 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 68.45-66.76
⚡️TP:
69.43
70.50
71.90
🔴SL:
64.89
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Double Bottom with Billions of Metric Tons of Lithium - SLIHere I have AMEX:SLI on the Daily Chart!
Technical -
A Double Bottom Reversal Pattern has formed and with the Bullish Rally started from the ~1,800% increase in the Estimate to Reported Results for Earnings and Revenue on Sept. 24th, we see Price Breaking our Confirmation of Pattern @ 1.98!
This weeks Price Action has created a Volume Imbalance between ( 1.91 - 2.03 ) that Price may choose to Fill before it pushes Higher!
Now Price is struggling with the Resistance of Previous High @ ( 2.28 - 2.38 )
-If this rise can be sustained in becoming a New Higher High than our Confirmation of Pattern, we can expect Price to Retest this Break of Confirmation to find Support!
*If the Retest of the Break is successful, we can then suspect Price to find Resistance again at Previous Highs @ ( 3.59 - 3.89 )
Indicators:
- Golden Cross with 200 EMA and Dynamic S&R
- RSI is Above 50
- Strong Bullish presence in Volume leading to Confirmation of Pattern
Fundamental -
Under all this utter devastation that Hurricane Helene and Milton have done to North Carolina and Florida and now with the wildfires ravaging Wyoming, these disasters have uncovered massive Rare Earth Elements and Metal Deposits containing around Billions of Metric Tons of essential components needed to power our shift forward from the Industrial Age to what feels like the Digital Age.
-Adding potential future mining sites to the already known deposits in Nevada, Pennsylvania and California.
EV and other technology advancements will come soon now with these essential minerals and metals possibly on the Brink of Extraction!
LAC & GM Team Up for Thacker Pass! Here I have NYSE:LAC on the Daily Chart!
NYSE:GM plans to contribute $625 Million and seeks to claim 38% of the Joint Venture!
This remarkable announcement this week seen the Price of NYSE:LAC hit 4-Month Highs after Breaking Above the Falling Resistance that was keeping it down.
The rally seems to be tamed by the Resistance Level and Low that was created in February but is now testing the Break of Falling Resistance for potential Support to keep pushing Price Higher!
If Price can Push through this area, we could see Price make a move for the Gap @ ( 4.9 - 6.37 ) then find Strong Resistane @ ( 6.83 - 7.65 )
Indicators:
- Price will need to test the 200 EMA in $4 range
- RSI is Above 50 (Bullish)
- Strong Bullish Volume with Breaking Candle suggests Valid Break
- BBTrend Printing Green Bars