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Sidewaysmarket

Even AMZN may struggle at 2021 HighsNASDAQ:AMZN rebounded off a gap up support level which implies that this is where fundamentals are likely to be. The stock's price shows resilience and no HFT interference for now, even after the Q1 earnings report after market yesterday. Amazon has more than just its retail consumer and small business products. It has AWS with AI integrated to help the small businesses that sell via AMZN. AMZN weekly chart shows that the highs of this month ran into the 2021 all-time highs. Note the negative divergence between the price trend and the Accumulation/Distribution indicator line, indicating a lack of buyers at that high. This resistance level is likely to take another quarter or more to overcome unless there is a big surprise. This goes for all companies, not just AMZN.
NASDAQ:AMZN
by MarthaStokesCMT-TechniTrader
XVS: Expecting Further Sideways Movement and Long Position AccumI anticipate XVS to continue trading within its current sideways range, as the price is currently near the lower boundary of this range. Therefore, I've taken a long position with the strategy of trading from the range boundaries. Over the course of several days, market makers are likely to accumulate positions within this range. This accumulation may lead to an upward move towards the upper boundary of the range, or at the very least, towards the midpoint.
Long
by Shved126
BKNG: Hidden Accumulation CuesThe big season for vacations starts this week as schools close, graduations begin, weddings increase, and families plan big vacations this year. BKNG has had HFTs attempting to sell it down several times but it holds within a sideways trend still. This implies hidden accumulation. If it breaks to the upside, then this sideways trend becomes support. BKNG must do as all other high-priced stocks have done: do a big split to lower the share price to $100 - 300. When the Board does so, the stock has more potential for runs up rather than down.
NASDAQ:BKNG
by MarthaStokesCMT-TechniTrader
#ETH/USDT 1HR CHART UPDATE BY Domino Crypto!!Hello, community members welcome to this ETH/USDT 1hr chart update by Domino crypto. Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis. Now, Let's get to the chart, As the above-mentioned chart is evident that ETH is currently trading inside a parallel Chanel which also prints a sideways trend. After a sharp quick dump of 6.5% in this hourly chart, ETH recovered 3.2% from the bottom and currently trading at the price level of $1960. Here I am expecting more recovery and ETH can gain % towards the upper trend line which is the price level of $2150 which is almost 9% from the current price level. INVALIDATION: candle close below the lower green support in a 1hr time frame will be the invalidation point of this chart analysis. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES. Thank you.
by Domino_Crypto
How To Trade Sideways Markets-When trading a sideways market, I simply buy low, sell high with confirmation. -Some of my best trade setups occur in a sideways market. -If price has respected a high or low 4x times then why not play the probability game and say "the previous 4x times price has came high on the range the sellers have taken control so next time I will play the probability game and look for shorts if price gives me evidence of sellers". same thing for when the price is low on the higher timeframe.
AEducation
by MoneyballAustin