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CRWD: Complete Trend Analysis + Key Points to watch!Hello traders and investors! Let’s see how CRWD is doing today and do a complete MTFA on it! In the 1h chart, we see a clear bull trend, and there’s no reversal pattern around. The 21 ema is a technical support, and as long as it keeps above it, there’s no reason to worry. However, we could see a reversal if CRWD loses the red line at $ 190.36. In addition, as evidenced by the purple line, the previous top is not higher than the previous top, and if it loses the $ 190, the market may see this as a possible Double Top, or as a bearish pivot point. A pullback on CRWD wouldn’t be that problematic, as in the daily chart we see some good patterns. It is finally breaking the 21 ema again, and it stopped doing lower highs/lows, ending the bear trend for good. What’s more, it triggered a Double Bottom chart pattern above the red line at $ 154.15 (we’ll talk about it later). This seems to be a nice reversal pattern, and a pullback to the 21 ema is expected, and this wouldn’t ruin the reversal thesis. To be honest, now is the best time for us to see a small pullback on CRWD, just look at the weekly chart: We just hit the 21 ema in the W chart, and that’s a nice resistance on CRWD. To me, it would be good to see CRWD doing a pullback to its 21 ema in the daily chart, in order to build another bullish structure and trigger a reversal in the weekly chart as well. Remember the red line at $ 154.15, we can see it from here too. This line was Sep 2020 top, now it is working as a support, and this movement reinforces one of the most important principles of Technical Analysis that I always mention in my analyses: The Principle of Polarity. CRWD has its challenges, but we see many good signs to work with. Let’s pay attention to the key points mentioned in this analysis. I’ll keep you guys updated on it, so remember to follow me to keep in touch with my future analyses.
NASDAQ:CRWD
by Nathan_The_Finance_Hydra
4
BTC-D1-REVERSAL IN PROGRESS...GLOBAL PICTURE DAILY (D1) After having reached, yesterday, an intraday high @ 35'332 and nearly achieved a full Fibonacci retracement (former high @ 45'850), the BTC lost momentum and as a result, closed slightly above the middle of the previous white candle which mean, that yesterday's price action, roughly triggered a DARK CLOUD COVER (Bearish warning signal); today's ongoing downside price action is currently confirming this downward selling pressure and a DAILY CLOSING BELOW 43'000 would weigh further on the BTC and therefore open the door for lower levels. Daily clouds area is between 42'524 and 39'093 RSI still above 50, @ 57.93 LAGGING LINE failed to enter in the daily clouds and is in progress to reverse too. The MID BOLLINGER BAND, my own barometer,is currently @ 40'825 and also roughly in the middle of the daily clouds support; this level should be watch at very carefully as a daily closing below this point. would directly put the focus towards the daily clouds bottom around the 39'000 level. WEEKLY (W1) A quick look at the weekly char shows , for the time being a failure to breakout the weekly top clouds resistance area ! Watch the clouds in this time frame as a broad indicator for further development. 4 HOURS (H4) DOUBLE TOP FORMATION IN PROGRESS , coupled with a double doji and a RSI BEARISH DIVERGENCE !!! Trigger level @ 43'220 Technical target (in case of downside breakout confirmed) @ 41'108 Interesting to note that the H4 Kijun-Sen is @ 41'174 and should also be seen as a PIVOT LEVEL in this H4 time frame 1 HOUR (H1) As for H4, a double top formation is in progress. Currently, already, below : 1) Kijun-Sen 2) Mid Bollinger Band 3) Tenkan-Sen 4) the clouds The double top target @ 41'108, coincides also roughly with the H1 clouds bottom support @ 41'241; the 50 % Fibonacci retracement of the 37'015-45'332 recent rally is @ 41'173 LAGGING LINE below TS and KS but still above the clouds. IRONMAN8848 & Jean-Pierre Burki
BITSTAMP:BTCUSD
by Ironman8848
1
DIS: Complete Multiple Time Frame Analysis (H, D and W charts).Hello traders and investors! Let’s see how DIS is doing today, and do a complete Multiple Time Frame Analysis (H, D and W charts)! First, in the 1h chart, it reacted nicely at the 61.8% Fibonacci’s Retracement, and now it is going up nicely. It is interesting to notice that when it crashed last week, it just hit the previous support at $ 140, and bounced back up quickly. All of this tells me that DIS wants to engage in a bull trend soon. For now, I would say it is trendless, but we do have some bullish signs around. However, it must lose the 61.8% retracement, otherwise, it could drop all the way down to $ 140 again. To me, the most important key point is the previous resistance at $ 150, as this is a pivot point seen in the daily chart: This would be the first pivot point in many months, since DIS started its bear trend, and this could be the beginning of a mid-term reversal, at least. DIS is trendless in the daily chart too, but there are two open gaps (red dashed lines), and if it reverses, they will become targets. In the weekly chart, I like the fact it is reacting near a support level, but here we see a clear bear trend, as it is doing lower highs/lows and it is below the 21 ema. Coincidence or not, the 21 ema in the weekly chart ($ 154) is quite close to the pivot point in the daily chart ($ 150), making this point an important resistance. Let’s see if DIS will trigger its key points or not. Either way, I’ll keep you guys updated, so remember to follow me to not miss any of my future analyses!
NYSE:DIS
by Nathan_The_Finance_Hydra
BTC BARR FORMATION BTC at the 4H After a month of sideways support broke down in early January. and support has been found around $41250. what struck me was the BARR (Bump & Run Reversal) formation and is therefore the pattern that continues for now. I expect that the lead-in line will be a target where the bulls will have to prove themselves to gain ground there to be able to continue up with 2 price targets one based on the start of the Lead-in and the other on the RUN or the outbreak based on the reflection of the longest distance. If the bulls get rejected, it could just be that the bears will prepare another attack to test the $41250. Keep calm, trade safe and manage your risk. *(Disclaimer: This is not financial advice)*
BITSTAMP:BTCUSD
by Tims.Technische.Analyse.
LINK/USDT - bullish reversal pattern close to breakoutLINK/USDT is currently right at the tip of a falling wedge after having quickly pinged the macro 0.786 fib level which makes me very optimistic about this being the bottom and seeing a successful reversal. In addition to that we can also see significant bullish divergence on the daily which ranges back to December and further increases the odds of a textbook breakout which LINK tends to have especially with falling wedges (examples can be seen in my earlier charts linked below in the related ideas section). On shorter time frames LINK is currently forming an inverse H&S which combined with the falling wedge makes for a great reversal pattern which produces consistent results and is close to completion. LINK/USDT 1hr: Since LINK is a long-term hold for me I usually don't use stop losses and mainly look for prices to accumulate more but for a swing trade I'd consider one slightly below the last 0.786 ping since losing that level would render it a descending triangle breakout and likely lead to a longer bear trend. Please note that the price projection is just that and should only guide as a visual aid for the direction I expect it to go. With staking said to release this year this looks like a great opportunity to stock up on some LINK at a discount before the action starts. Best of luck with your trades and let me know what you think!
Long
by Wolfy_
AAPL: This is why it MUST break the $ 165 area.Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, we see that AAPL filled its Exhaustion Gap, and it did a strong bullish leg afterwards. This indicates that the bear trend is losing strength, and for the first time since it started the crash, we see a possible bullish structure: A pivot point, a very nice reversal pattern. By breaking the $ 165.41, it’ll trigger this reversal chart pattern, and in this case, we can safely aim at the previous gaps (yellow squares). The $ 176.29 would be the optimal target for a short/mid-term reversal. However, it is important to wait for more confirmation, otherwise, AAPL could just keep dropping. In the daily chart, we see an impressive reaction last week, just above a strong support area. The 21 ema is supposed to work as a resistance, and we must keep our eyes open in this area. In my view, it is important to wait for more signs on AAPL before calling it a buy again, but I agree that the signs are quite promising. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
5
LINKBTC - close to the bottomLINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA. We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support. The parabola for LINK/BTC is still intact and it's very close to it. This all points to a reversal in the near future and looks like a great zone to accumulate for long-term positions. Let me know what you think and best of luck with your trades!
Long
by Wolfy_
2
NVDA: Next target and the most important resistances!Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, it is breaking the pivot point at $ 242.14, which is great, but it seems it is losing strength now. There’s a reason for this, and I’ll explain later. For now, let’s keep in mind that the bias is bullish in the short-term, however, a pullback to the 21 ema again wouldn’t be a reason to panic. In fact, it could be another opportunity to buy. The last gap (yellow square) is going to work as a magnet for us, therefore, the $ 269 area is a technical target for NVDA. Now, why is it losing strength today? In the daily chart, the trend is still bearish, and NVDA just hit its 21 ema again. This point is a technical resistance. But to me, the most important resistance to break is the purple trend line, as we see many top levels at this line. The reaction seen in the 1h chart is a good one, and might be the beginning of something great, but NVDA still has its challenges and the situation is delicate. The trend is bullish in the 1h chart, but bearish in the daily chart. Who will prevail? Only time will tell. Either way, I’ll keep you guys updated on this every day, so remember to follow me to keep in touch with my analyses!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
2
AUDCAD Analysis - Bearish Bias on 4 HRWelcome back! Here's an analysis of this pair! **AUDCAD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
8
EURUSD | Perspective for the new week | Follow-up detailsMy bias on this pair is contrary to the expectation of the majority as I continue to see a strong bullish move in the nearest future! Since my last publication on this pair, price did a correction into the bearish trendline (that was broken on 7th of Jan & 2nd Feb 2022) with a strong indication that the bullish momentum is about to begin hence my previous bias still holds (see link below for reference purposes). Tendency: Uptrend (Bullish) Structure: Supply & Demand | Reversal pattern (Triple bottom/Breakout) | Trendline Observation: I. Since the beginning of the last year 2021, the Euro recorded a 9.4% decline against the Greenback to express an emphatic bearish momentum. ii. And if we look closely at the charts, we will notice multiple attempts have been made to break out of key level @ $1.13500 since the beginning of the year 2022. iii. Multiple rejections of $1.115 in the last 3 months from buyers make this zone a strong niche for buyers as we can see how the price rejected this area on Friday to set the tone for a reversal move. iv. I am already in this trade but for those who are still doubtful of this bullish opportunity, a breakout of key level @ $1.13500 remains appropriate to buy... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 400 pips. Risk/Reward : 1:5 Potential Duration: 5 to 10days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURCHF | Perspective for the new weekMultiple rejections at the Fr1.0300 level after a year-long of bearish momentum appears to be a sign that we might be on the verge of a reversal that might lead into a corrective phase of the bearish leading price action that began in March 2021. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Reversal pattern (Triple bottom/Breakout) Observation: i.Since March 2021, the Swiss franc recorded 7.8% growth over the Euro to confirm a long term downtrend. ii. But after testing Fr1.03200 at the beginning of this year - 2022, we have witnessed the sharp rejection of this area from buyers which informs us of the seller's weakness thereby insinuating a possible reversal or retracement is imminent. iii. FR1.05000 level which has been a niche for selling opportunity was finally broken at the beginning of this month ( February) to emphasize some potentials for the buyers. iv. The third rejection of the Fr1.03200 area during last week's trading session appears to be the icing on the cake to go long v. However, considering the long term downtrend involved in this situation, a conscious approach is required to take advantage of a bullish momentum when it finally happens. vi. In this regard, a breakout/retest of the key level @ Fr1.04500 shall be a confirmation to join the rally... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 300 pips. Risk/Reward : 1:5 Potential Duration: 5 to 10days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
AUDCAD | Perspective for the new weekThe scope of a very strong bearish momentum on the daily time frame and a reversal set-up (double top) within the major supply zone at C$0.92400 shares a confluence with the bearish trendline to signal a selling opportunity for us in the coming week(s). Tendency: Downtrend (Bearish) Structure: Supply & Demand | Trendline | Reversal pattern (Double Top) Observation: i. Despite a long term bearish momentum identified on the higher time frame, the last 30 days witnessed a consistent rise in the value of the Aussie over the Canadian dollar but the momentum appears to be thinning out and this can be identified on the chart as a double top structure. ii. Attempts made by buyers to break above C$0.924 was met with strong resistance during last week's trading session to insinuate that the bullish trendline may no longer be strong enough to hold price action above it. iii. It is worthy to note here that, the reversal set-up (double to pattern) awaits confirmation at the breakdown of key level @ C$0.91600 to incite the risk of a decline in price value in the coming week(s). iv. In this regard, I shall be waiting to take advantage of selling the Aussie anywhere below the key level @ C$0.916000... Trade consciously!😊 Trading plan: SELL confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:3 Potential Duration: 3 to 8days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURJPY | Perspective for the new weekIt has been a choppy situation for EURJPY since mid last year as the price keeps juxtaposing between JY128 and 132.5 zones to emphasize the indecision in this market. With a very simple set-up floating on my screen right now on the 4H time frame, my expectation going into the new week remains bullish considering the rejection of the JY128 level which has a strong memory for buying power (see daily and weekly time frame). Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Breakout) Observation: i. A visual representation of a trend after connecting a series of prices with a line drawn over pivots highs shows the prevailing direction and speed of price in the last 2 weeks. ii. Price action came back to the JY128 level during last week's trading session and was immediately rejected resulting in the appearance of bullish engulfing candles that broke out of key level on Friday to set the tone for another possible bullish wave in the coming week(s). iii. I look forward to the breakout of the bearish trend line to confirm the buyer's strength. iv. The early hours/days of the new week might see a drop in price into the key level or new demand level identified around the JY129 area to incite a Trend continuation. v. Hence, above the key level at JY129.350 remains a comfortable level to take a long position on this pair... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 300 pips. Risk/Reward : 1:4 Potential Duration: 3 to 8days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
TSLA: Will it be a BUY again or is it too late now?Hello traders and investors! TSLA is doing exactly what we were expecting, and we see some good signs around today. In my last study, we identified an opportunity to buy TSLA, and in this post we'll continue the study and update some key points. In the daily chart, we see that TSLA just did a brief retest of the $ 710 support area and it is bouncing back up nicely. What’s more, TSLA closed above the $ 792 and it did a candlestick pattern called Piercing Line, a bullish reversal pattern. Today, TSLA is triggering the pattern, confirming our previous thoughts that it would go up today. The next resistance on TSLA is the 21 ema in the daily chart. In the 1h chart, TSLA is breaking the 21 ema, and the volume increased a lot. These signs confirm a bottom for now, however I would be happier to see TSLA doing a clearer bullish structure. Honestly, I would like to see it dropping at $ 750 again, and if this happens, it'll be a buy again. It must not drop below this point, though, otherwise it might frustrate the possible reversal. Since we lack stronger signs, the idea of a Dead Cat Bounce still haunts some investors. As I’ve been telling you guys, I don’t think it is the time to sell or short, as the good moment to do it was at $ 1,200, when the R/R ratio was very good. Now is the time to buy, as I mentioned in my previous analysis yesterday, as crazy as this sounds. The link to my last post is below, if you are curious. To me, drops like this are just opportunities to take advantage of the panic. I’ll keep you guys updated every day on this, therefore, follow miss to not miss any of my future analyses.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
3
TSLA: Great opportunity to BUY? Let's see.Hello traders and investors! Let’s see how TSLA is doing today! Despite the crash, TSLA made a very technical move that shouldn’t be a surprise to no one. As we mentioned in our yesterday analysis (link below), the moment it lost its support level, it dropped more $ 100, and now it is reacting as expected. The support level that held TSLA today was the purple trend line along with the black line (Sep 2021’s support). This dual-support level worked nicely today, and the volume is finally increasing. If you didn’t know better (that there’s a war going on), you would see this movement just as a retest of a support level in a bear trend. This movement is good, but TSLA has a few challenges to overcome. Let’s see the 1h chart: Yes, TSLA is triggering a mini pivot point, a reversal pattern. The problem is, the 21 ema is very close to the red line at $ 792, and although TSLA is breaking it right now, I wouldn’t be too greedy on this. It could easily do a correction again from here tomorrow. If TSLA confirms another reversal sign, the gap at $ 920 will be the next target. I think that we have a good opportunity, but we should go easy on it, as the trend is still bearish. As you guys know, I always like to buy when there’s blood in the streets, but we must do it patiently, as the market confirms our thoughts, using a solid and proven strategy. In my view, there are stocks much more interesting than TSLA, but I’ll always keep you guys updated every day on this, so remember to follow me to not miss any of my future analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
20
NVDA: Important reaction near a support level! What to expect?Hello traders and investors! Let’s update our thoughts on NVDA today! The market crashed, and it took NVDA with it. However, the drop was not that intense, as it seems the market already priced its main catalysts (or almost priced them). In fact, what NVDA did was extremely technical: A pullback to the previous support at the black line ($208.88), and now it is doing a bullish reaction, as expected in support levels. This doesn’t mean it is reversing, but it is a bullish reaction for sure, as despite the drop, the candlestick is very bullish. This could be the beginning of a mid-term reversal, but the confirmation will come only after we break the purple trend line. In addition, it is important to wait for some bullish structure in the 1h chart, before calling it a buy. So far, we see no meaningful technical reaction, as NVDA is still doing lower highs/lows and it is below its 21 ema. If it does a reversal, I see it easily filling the gap at $ 263 area. For now, we must wait for more patterns, as the situation is still very delicate. I’ll keep you guys updated every day on this, so remember to follow me to keep in touch with my insights.
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
5
GBPAUD: Preparing For Sells As Price ReversesPrice just reversed on the daily timeframe. Buyers were pushing GBPAUD to the upside, but now that AUDUSD is increasing in strength, GBPAUD is decreasing. These two currency pairs are whats called negative correlating currency pairs. The pair they have in common are AUD. It's like a seesaw. AUD is in the middle. If GBPAUD increases AUDUSD will increase. If GBPAUD decreases AUDUSD will increase. There are plenty of websites to find positive and negative correlations. A quick Google search should do the job. Be sure to focus on pairs that move 70 to (-70) with and against each other. AS far as GBPAUD, I'm on my hands until price pulls-back. We don't know how long price will decrease until the pullback happens. Press 👍🏽 if you enjoy this analysis and be sure to comment your thoughts and questions below. Remember, let us be kind to one another and provide value, not just random thoughts.
Short
by ShaquanLopez