Get started

Trendreversal

It’s 5G telecom stocks timeThe long-term charts of ERIC+NOK+LUMN and XTC index are presented. Notice that since 2009 the three stocks have been underperforming the index while historically overperforming. Probably the historical order of performance will be restored in the coming years. The NYSE Arca North American Telecommunications Index (XTC) is an equal dollar weighted index designed to measure highly-capitalized companies in the North American telecommunications industry. The telecommunications industry in North America includes U.S., Canadian, and Mexican companies that provide telephone, long distance, cellular phone, or other telecommunications related services; supply telecommunications equipment; or which otherwise are involved in the telecommunications industry. Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile. Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NASDAQ:ERICLong
by Gnothisafton
FCX - Trend Retracement Reversal (Etoro Portfolio) Since price cross MA30 @June 2020 in weekly, it is in a strong uptrend. Price is reversed nearby MA50 (blue line) appeared a price rejection (pin bar). Next day one white soldier candle as confirmation day, stochastic oscillator indicator shown price at oversold range moving average line is toward up direction. I have a position, and look for 2R profit. ===================================================================================================================== I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.tw
NYSE:FCX
by ginlin84
LUMN’s technical picture on Jan 29The mid- and short-term trend charts are presented. ___ Prompt: New traders should take some time and carefully read the post they will find on my profile entitled 'You can't beat the market'. Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NYSE:LUMNLong
by Gnothisafton
NOKIA on the run!NOKIA crossed over the 200weeks SMA and is breaking hard long-term resistances with huge volume, changing its long-term trend to rising. Additionally, NOKIA is a very healthy company with good fundamentals. More coming in another post ... Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NYSE:NOKLong
by Gnothisafton
LUMN. If someone wants to bet, this is an extremely safe betYesterday LUMN with an explosive 28% rise decisively broke 30months SMA and closed at $14.59, changing its long-term trend to rising. It should be stressed that the rise was not by a gap but by continuous purchases that led to a volume of 60 M when the average volume of the last 10 days was 6.4 M. That is, the rise was not for unloading but for buying cheap shares, which indicates that it is extremely likely that the rise will continue. The stock was, is and will continue for some time to be an investment opportunity because it is deeply undervalued. Any price retreat must be seen as a huge opportunity to buy. Even after this 28% rise the stocks has 8.78% dividends yield. Following are presented the mid- and short-term trend charts. Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NYSE:LUMNLong
by Gnothisafton
1
The time to wake up the stock of giant Sinopharm is nearSinopharm Group is a profitable Chinese state company with 2 covid-19 vaccines (the first is approved in China) with very strong fundamentals (except debt). Sinopharms stock seems to be near the end of a many years correction, ready to reverse its declining trend. Next follows the stocks mid-term trend chart. Disclaimer The writer of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
FWB:X2SLong
by Gnothisafton
It's cheaper now!Do you remember the analysis from the 20th of USDCAD The price dropped and did not allow entry. But that doesn't mean we stop looking at the possibility of getting involved in a trade. Now it is even more profitable, because there is an opportunity to get involved at lower levels and earn more! For this purpose, however, we must see a break again! This time the important level will be 1.2722! In case of a break we expect: 1.2794 1.2869 If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Long
by ForexTrendline
100 pips at USDCAD after a breakUSDCAD is in a downward trend in all periods. Today we expect the BoC to decide on interest rates. This can be a good opportunity to reverse the H1 trend! To do this, you do not have to enter into a trade in advance (unless you enter into trade without reason). Passing above 1.2768 will allow entry. Crossing the previous peak will confirm the reversal. The initial goal of the rise is to reach 1.2835 and 1.2880! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Long
by ForexTrendline
BTC - H4 - SECOND SHOOTING STAR !H4 : Last candle triggered a second "shooting star". Important to note that both patterns took place following the failure to upside breakout KS Moreover, clouds support is very thin = fragility ! In addition, MBB and TS also coincides with the clouds support area. Watch also the first uptrend line support (the one which rely the closing lows) as the first significant support line, ahead of the one relying the low of the candles. There is also a double top formation in progress (shooting stars top !) with its trigger level @ 35430 A failure to hold above 35430 would open the door for a target @ 33410 On the upside, in order to neutralise further downside risk, we need to see a recovery above former highs (37450 & 37320) Finally, as long as we stay below the former downtrend line resistance (in red) the trend remains BEARISH ! Currently, in a broad triangle pattern where a breakout should occur over the coming hours, either on the upside or on the downside... Wait and see
BITSTAMP:BTCUSD
by Ironman8848
5
H4 - WARNING - DOJI SHOOTING STAR !!!H4 : Over the last 4 hours, price action triggered a "doji shooting star" which is already the first signal of a potential trend reversal Therefore the next H4 period will be very important to look at. Indeed, a closing price below the closing of the former doji shooting sta$ would confirm this bearish pattern, calling for further downside (watch H1 for intermediate clues) The doji shooting star candlestick is considered one of the most reliable candlestick pattern !!! One of the reasons for this is the unique structure - a opening a closing at the same level with a high upper candlewick !!! In case of confirmation, be ready to fasten your seat belt.
BITSTAMP:BTCUSD
by Ironman8848
BTC - D1 - CAUGHT BETWEEN MBB AND TENKAN-SEN ...D1 : Still holding above MBB which remains one of the trend leading indicator with Tenkan-Sen. Yesterday's price action triggered a "Doji" pattern which confirm indecision and uncertainty. As long as we hold above MBB, that should be seen as a constructive and consolidation price action calling for higher levels with renewed focus on recent peak @ 42'000. On the other hand m a failure to stay above MBB would this time confirm a TREND REVERSAL, an trigger heavy selling pressure as the mood will move from BULLISH sentiment to a BEARISH one ! Next important supports being 32350 (KS) ahead of the psychological 30'000 area. (interesting to note that the former low is @ 30261 and the 38.2% Fibonacci retracement @ 29776
BITSTAMP:BTCUSD
by Ironman8848
BTC possible forming of Head & Shoulders [12/01/21]I'm posting this idea so I have a record of my ideas and hopefully start a discussion. This is not to be blindly followed or taken as investment advice... please please please DYOR! Line of Thinking: We are forming a potential Head & Shoulders pattern on the 4hr. We are currently moving down forming the right side of the right shoulder after having a failed IH&S on the 1hr. If we close this 4hr candle anywhere bellow $34121 Stoch will turn down, and ADX is currently strong with DI- positive and DI+ negative, which makes me think we will at least testing the neckline. There is some big hidden divergance on most indicators, including the DMI which I often find does not show as much divergance as the others, which leads me to think this divergance should be given good weight in the trade decision. We used up so much momentum to get down here there's nothing close to it on the charts, but we did not make a lower low, which shows the bears are struggling. The target from this pattern is pretty crazy and sits around $18200. I'm not sure if we will get down that low, but the 21 week EMA is just above that area and I think the old ATH will act as very strong psychological support. If we do make our way to the target, id expect bounces at the levels highlighted (which are also where I would scale out (see TP1)), like we have seen the past 2 days, some of which were around 10%. Volatility is still redlining and will have to come down at some point, which would imply sideways with a slight upwards skew. I've not been able to find a stretch of PA with volatility sustaining this level, so in not sure how to use that. It could mean that due to its mean reverting nature the more it prints red the higher chance we contract and slow down for some time, or it could be a warning as it shows that the market is still going crazy. Maybe its all the new investors who don't have super strong crypto hands pulling funds back out? I've adjusted my risk due to this huge divergence and the volatility. If the R:R was not 1:4.58 and I didn't have a spot position that I do not touch, I probably would not take this trade. Since I do, its basically a hedge on any further downside. Trade Details: Entry - $30769 On retest of neckline after breaking through. If the retest moves back above the neckline, depending on the signals at the time I may add on slightly. SL - $33125 Reasonably big to avoid any stop hunts ruining the fun. TP1 - $26500 / $24000 / $22600 I will scale out of the trade on the way to the target at the levels in-between. TP2 - $20000 I don't think we will go lower then the 2017 ATH and I prefer to take profit before the pattern target.
BYBIT:BTCUSD.PShort
by MrBetonBlocks
13
LTC ready for $250 again!? Welcome fellow Tradingviewers, In this analyses we are going to show you our view on the current market situation for Litecoin. We were going to share a full video on the yearly analyses with you guys but our Mic. Broke down. we will try to educate you guys using a video as soon as we replaced our mic. This analyses is going to be the first in a series of 7 where we try to give you an idea of what it is like to try and analyse a cryptocurrency for 12 months. This analyses is based on the impressions we get from the chart and the cryptocurrency market in general. For this analyses we will be using the 12M, 6M, 3M, 1M and 1W charts. Every month for the next 12 months we will release our monthly market breakdown. If you want to receive daily and weekly technical analyses you might want to check our website . We will be analysing LTC using a top-down strategy, including candlestick patterns, indicators and price patterns. Yearly: We are still inside the first huge Litecoin Yearly candle located in 2017, we did not close the year as a Bullish engulfing (as Ethereum did) but we did close the yearly candle on higher volume and a green candle, indicating upside momentum. 6 - Month: The Six month graph is one of the most promising for Litecoin. In this graph we can clearly see the closure of one of the biggest bullish engulfing 6M candles till now. The previous candle was a indecisive doji candle and this gets engulfed by our last candle closure on higher volume, indicating strong confidence from the bulls side. 3 - Month: The 3 month candle is showing about the same bullish picture for LTC, we closed as a huge bullish engulfing almost closing above the important $150 dollar resistance. Monthly: - The monthly starts giving us a better picture of the medium to long term trend. - We closed the monthly candle above the important $120 resistance. (One of the most important looking at the monthly graph) - We are above the 50 MA monthly indicating confidence in the markets. - The MACD has just crossed bullish indicating upside momentum. Weekly: - We closed as a bullish engulfing candle indicating more upside momentum. - We closed above the important $150 double bottom Neckline and retested it. (at$140) - We are well above all Moving averages. - The MACD is in bullish territory. In summary: Litecoin seems to be broken out of a double bottom pattern with the neckline located at $140. These patterns generate price targets and if we measure the distance from the bottom of the double bottom to the upside, then our price target would be in the $275 range. Our first real target is $220 and then go for our double bottom target of around $250 to $275 based on the 0.618 fib. which can be found in the chart. The coming year will be good for Litecoin, Bullruns can be crazy times where people are starting to feel all kinds of different emotions. try to keep your emotions under control and let the chart be your guidance. Only trade what you see and don't forget to take your profits! This analyses is only intended to share my idea, to educate and entertain you guys. This should not be considered as financial advice. I hope you guys enjoyed this analyses, if you did don't forget to leave a Like ! If you want to share your thoughts, please do so in the comments below! Kind Regards, Frank | Forallcrypto
COINBASE:LTCUSDLong
by ForAllCrypto
1