Shorterm
TATAMOTORS - Near Short term Supply AreaThe stock formed alt bat pattern on its 15 min chart, suggesting a supply zone around 337-340 levels, which was further confirmed by the price action that the supply does exist there.
I am considering New Buying either above 340 levels, or at the support levels if the stock retraces some of its previous move from 310- 336.
Strong support stands at 319-320.
Since the structure of the stock is bullish on the higher time frame, keep an eye on price action on a lower time frame to check if the stock creates any new support levels in between 320-340 levels.
DOGE to $1.00 and Then What $10? Tesla Owns BTC not DOGE?Yes Dogecoin will most likely hit $1 in the short to mid term. Why wouldn't it at this point? Everybody believes it will hit $1. Back during the Wallstreetbets pump I said Dogecoin wasn't going to a $1 in the short term during that period. Since then things have rapidly changed and the Dogecoin nation and Elon Musk will make a dollar Dogecoin inevitable. In my opinion Dogecoin is more than a meme coin now in many ways its a political statement and another widely globally trusted network. We've hit the 1.618 on the Fibonacci levels and now we're eyeing the 2.618 at $1.00.
Many people ask me if they should buy Dogecoin. My answer: "Tesla owns Bitcoin not Dogecoin." I repeat. "Tesla owns Bitcoin not Dogecoin. One has to ask themselves as much as Elon Musk loves Dogecoin why wouldn't Tesla actually publicly announce they invested in Dogecoin? Maybe they will though but as of now that's not the case.
It comes down to if you're in this for the short term or long term. Short term Dogecoin is very hot and I believe it will go past $1.00. But understand that Dogecoin is an inflationary coin, meaning it has an endless supply that grows rapidly every year as time goes on.
Now for a $10.00 we need roughly a $1 Trillion dollar marketcap for DOGE. If you're investing in in Dogecoin now you should ask yourself is Dogecoin a 1 Trillion dollar market in the near future?
As always much peace, love, health, and wealth!
$Lotz short term bear divergenceOn the 30m a short term Bearish Divergence is upon us.. also on the 1H... in the bigger picture time frame it is developing bullish signs... market direction dependent..
Quick analysis of state of $AMCTo share with our investor community and to have a quick check of when to get in, fair value when the world is back to normal is much higher than the fair value that is realistic right now. Expecting the price to drop between $3 and $4 which would be a great buy-in in the long-term.
Predicting - Bitcoin breaks down 15%everal signals are showing that a big break down will come this week. A clear rising wedge is forming near our all time high with volume diminishing as the week progresses. Target drop will possibly break several support levels, the first being around the 18,500 mark. Support is relatively strong at that mark, however, if a large sell volume breaks through 18.5k, the next floor will be a fragile 17k. Bearish divergence continues to form a clear picture in our daily chart and RSI.
This is the pull back many analysts have been anticipating after this parabolic run up to reach our all time high. If bitcoin breaks down to my target of 15.5k, this is not necessarily a trend reversal and that we are back in the bear market. The EMA ribbon has been our support during this bull market as we continue to bounce off it with every retracing.
Momentum Trading with newsHi guys today will be showing how i generally combine trading with power and momentum
These two are some of my techniques that the trade becomes a runner.
1.) Power how do i know when there is a power?
2.) Momentum of the trade. Is the trend still healty
happy trading everyone
POSSIBLE SHORT TERM TREND REVERSAL IN TATA MOTORSHi Traders,
Tata Motors has broken our golden zone with confidence, and is now testing a key level of trend reversal at 141.85. If the day close below 141.85 levels our short term bias on this stock will be bearish and we will be looking for shorting opportunities. If the close is below 141.85 we will have new resistance levels. New levels will be updated in post market hours if we have a trend reversal.
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Happy Trading......
SHORT TERM RESISTANCE IN AUSSIE DOLLAR FOR SCALPINGHi Traders,
There is a short term resistance for AUDUSD at 0.73549 and 0.73662. We have a golden zone between 0.73753 and 0.73843. These levels can be used only for scalping 10 to 20 pips. You can use any strategy to enter at these levels. We dont recommend a blind entry at these levels without confirmation. A chart pattern in the 1m timeframe at these levels can be a good confirmation.
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Happy Trading....
HC/USDT - Long - Potential 9%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: HC /USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 1.2412
TP1: 1.2699
TP2: 1.3127
TP3: 1.3576
SL: 1.2021
NOTES:
- Uptrend
- Keeping trade short term - given recent BTC uncertainty
- Sat on Support Zone
- Support Break up candle
- Huge Support Rejection Candles
- Oversold on RSI Deviance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am