BNB : Bulls Aim Fresh Break above $300It is still trading well above $260 and the 100 simple moving average (4-hours).
The bulls are protecting the $265 and $260 support levels. The next major support is near the $255 level (It is close to the 50% Fib retracement level).
There is also a key bullish trend line forming with support near $245 on the 4-hours chart of the BNB/USDT pair
On the upside, the bulls are facing resistance near the $285 and $290 levels.
The main resistance is still near the $300 level.
If BNB fails to continue higher above $285 and $295, there could be a fresh downside correction. The first major support is near the $255 level.
The next major support is near the $245 level and the trend line.
If there is a downside break below the trend line support, there could be a drop towards the $220 support zone.
Tradinganalysis
Let me Wish Upon a Star. Is it really this simple? Sometimes...you can just feel the trade. Listening to Mac Miller - Youforia while I write this. Deeply recommend you to listen to it while you read this TA. Orange + Walter White for inspiration.
Looking at a trade like this is like life telling you to relax. You got this. You had some losses in the past, but this is life throwing you a bone. Can anyone else tell me this looks like it wants to pop-off to the moon.
2021 is going to be a year of self-realization and more growth. Excited to be back on this journey of trading and investing. Really miss the TradingView Community, it gave me experiences, interesting life stories, friendships and lasting relationships.
To the moon $Wish...
Good Lucky & Happy Hunting.
Reg
Oh before i forget. Here's the due diligence. 2015 Amazon wanted $10B for Wish. $10B. Current Market Value $12B. It's grown a lot in 5 years...
#1 Most DL'd E-commerce Mobile App for the last couple years. Don't quote me on this but ...2016-2021?
It needs to clean up its UI. Update the crappy stock Chinese manufacturing photos. But i have hopes for this company. The path to efficiency isn't rocket science. Amazon & Walmart has paved the way.
Good artist create, Great artist Steal.
EUR/JPY Is Launching Its Rocket Soon 🚀🚀🚀💡 Trade Idea
📈 EUR/JPY | Buy Limit Order @ 128.79
🎯 Target Profit 129.45
🛑 Stop Loss 128.47
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a bullish flag formation where we expect the sellers to push the price toward the 61.8% Fibonacci retracement level @ 128.79 level. This might cause a pump and a move upward to the 129.45 mark.
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Trading scenarios for $NDX for 01-05 March 2021Trend:
Daily/Weekly/Monthly: Down/Down/Mixed
Very bearish weekly candle last week. #NDX is weak but at important support, which held on Friday.
3 possible scenarios:
1) Break of 12678, target 12427 and further 12097
2) As long as 12678 holds, look for longs, targeting 13335, which is a strong R. If we break this R, look for move to 13559-13607 zone.
3) 12678 holds and we target 13335. Rejection off 13335, for a move back lower to 12427
IMO, scenario 3 is most likely.
Trading scenarios for $RUT for 01-05 March 2021Trend:
Daily/Weekly/Monthly: Down/Mixed/Mixed
#RUT continues to be strongest of the 3 US indices, but Friday was disappointing.
3 possible scenarios:
1) Break of 2163, target 2097 and further 2044
2) As long as 2163 holds, look for longs, targeting 2289, which is a strong R. If we break this R, look for ATH at 2375.
3) 2163 holds and we target 2289. Rejection off 2289, for a move back to 2196.
IMO, scenario 3 is most likely.
DOGEUSDT : DOGE battles key hurdles Dogecoin bulls need to cross a descending resistance line from February 07 and 21-day SMA, near 0.0585-90, to gain the market’s confidence in witnessing the 0.1000 threshold.
Alternatively, 50% and 61.8% Fibonacci retracement of late January run-up, respectively around 0.0474 and 0.0379, will be the key to stop the DOGE/USD bears ahead of 50-day SMA, at 0.03257 now.
Overall, DOGE/USDT is up for consolidating the wild gained marked a few weeks back. However, bulls shouldn’t be disappointed as fundamentals favor the coin.
16/02/2021 #SPX #ES_F $SPY 300pts Up, Then?US was closed yesterday, so was Asian session. Price opened and rallied and then ranged the whole time yesterday. We are at strong resistance and we are over-extended. Price hit my 3961.9 level and is coming down. On break of 3951, look for re-test of 3935 level. Since we went higher and get rejected for a move lower, might signal near term top. Break of 3951 can bring 3909.
Dow Jones Industrial Average Index feedChances of Downtrend:
Price drop from resistance forming Inverse Cup and handle
Rising wedge reacting to lower resistance with MACD conforming, momentary downtrend, which has a high chance of breaking through weak support.
Chances of Uptrend:
Possible chance of a bullish rectangular pattern forming
Possible change in stocks
Possible news release
RSI may react with a potential buy signal
Conclusion:
Have a Sell stop order ready for below support, close at a suitable position.
28/12/2020 $DAX Up till it is notTrend(Daily/Weekly/Monthly): Up/Up/Up
Price is over-extended. Possible plays are short on rally, long on bounce.
My bias zone: 13477-81.
Above R: 13701, 13799(strong R zone), 13976(good for swing short)
Below S: 13555, 13519,13493,13420,13373,13273,13227(strong S zone)
16/12/2020 #NDX $NDX Bullish Yes But OverextendedAnother strong up yesterday. But on a bigger picture, price is just consolidating.
My bias zone at 12468.1-75.3. Possible bounce at this zone. 12508 and 12536.6 should possibly trade today (counter-trend). Looking for possible short to this level. Above R are 12624.7 and 12656.4 with 12723.4 possibly capping high of day.
Below 12468.1, lower levels are 12415.8-12422.9 (support zone) and 12350 should cap low of day. Below that 12285 is another level of support.
07/12/2020 #NDX #NQ_F Still ResilientMade new highs yesterday and price is getting accepted at a higher price. Though I did tweet that yesterday's upmove is likely a fake, still looking for rejection off my zone to go short.
My bias zone at 12560-69 and we are above it. 12605 and 12646 are the resistance above and 12669 should cap high of day. Though above is 12698. I will possibly be looking for a short off 12605.
Below 12560, look for shorts to target support zone 12509-19 and 12481.8. 12409-25 should cap low of day.
07/12/2020 #FTSE $FTSE StrongTrend(Daily/Weekly/Monthly): Up/Up/Up
Depsite the selling in US futures, #FTSE remain resilient. But as the heading says, price is overextended. A pullback before further up is healthy. I will be looking at 6495-6507 and 6583-93 these 2 zones today.
Possible scenarios:
1) Price opens in RTH, rally to 6583-93 and fail, goes down to 6495-507. Watch for reaction.
2) Price opens in RTH, dips to 6537, get supported and rally. 6583-93 can still fail but probably less likely.
Support and resistance levels are indicated on the charts. Watch reaction around the levels and trade accordingly
07/12/2020 #FDAX #DAX30 Weak as it isTrend based on my system: Daily/Weekly/Monthly - Mixed/Mixed/Up
As mentioned on Friday, it is now the weakest indices. If you are a trendfollower, you are probably better off going long US indices, and if you want to short any indices, #DAX30 should be a suitable candidate.
If you believe in mean reversion, then it's a different thing.
My bias zone is 13287-13302.7. Above 13302.7, resistance are 13339 and 13377 should cap high of day. Personally, I won't want to be long today above 13302.7. Below 13287, target 13225, 13167, 13147 and 13115-23. In the event of stronger sell, 13040 should cap low of day.
07/12/2020 #NDX Up But Downside Risk ExistBased on my system, trend (Daily/Weekly/Monthly): Up/Up/Up
Price is over-extended, similar to #SPX. Expect a pullback, before further up.
Bullish only above 12557, targeting 12586, 12635 and 12669 should cap high of day, if there is no news.
Below 12531, looking to short, target 12501, 12461-63 (strong support). If it breaks, looks for further downside to 12413, 12375-83 and 12355. 12271 should cap low of day. If you just want 1 low risk buy level for going long, 12355 should be a good price to.
07/12/2020 #SPX500 Bullish bullish bullishWhat's new? Nothing matters as long as liquidity is there
But price is over-extended (nothing new too) and market structure is weak.
Thus my blue bias zone is not low but high.
Bullish above 3706. Targeting 3720, 3729 and 3740.1 should cap high of day. 3761 is a super strong higher level R.
Below 3697 be cautiously bullish, targeting 3687-89. If zone breaks, 3677, 3662.7, 3652.3-54, 3637.5 are the levels below. 3630 should cap low of day and below 3624 is another support.
If you don't want to short, just go long as any of the support zones. 3677 should be the stronger one.
04/12/2020 #DAX Most bearish indexBased on my system, #FDAX is now the weakest index compared to #FTSE #SPX #NDX #DJIA.
Pointing to more downside. Trend wise (Daily/Weekly/Monthly) is Down, Mixed, Up respectively.
Below blue zone at 13235, look for break of 13199 for 13145, 13103 and 13035 to trade. 13035 should cap low of day, though with further selling we could see 13000 and 12930.
Above 13255, be cautiously bullish, targeting 13287 (strong R) and 13357. 13383 should cap high of day.
02/12/2020 #NDX Up move continues#NDX made ATH yesterday and came down. Difficult to call the tops. What I see we need to get higher and have a sharp rejection before we can have a change of trend, meaningful correction.
Price now 12441 within blue zone. If above, resistance are at 12545. 12631 should cap high of move, giving a low risk sell level.
Below 12431, look to sell to 12341-47 and 12221-31. Both are strong support zones and should offer a bounce. 12147 should cap low of day.
26/11/2020 #EURUSD At Resistance, Possible PullbackPossible pullback to 1.1887-95 before further up. Will watch for reaction at that level for entry.
Upper resistance we have 1.19080(now support), 1.1934 (is a strong resistance zone so rejection is a shorting opportunity). I expect 1.1961 to cap high of day as it is a strong resistance zone, if not we have 1.1981 above.
Below, if 1.1887 breaks, support are at 1.1854-63, 1.1841 and 1.182 should cap low of day.