UCDCAD LongThe weekly volume profile was closed above the value area, which was high. Going into next week, I am looking for buys. I would like to see a healthy pullback to the 1.44065 area before the price buys off. Of course, I will look for extra confluence for buys, such as a price on the Daily Session Volume Profile indicating buyers' momentum.
Volume
$TSLA #BullFlag (550C's?!... #BTFD #Soon) #HappyNYEditionAfter all the Downside #Alerts, I figured I'd try to #Happy things up with a Tesla Idea for y'all!
Notice declining sell volume... Notice back to back #FlagPoles... Notice #Elon
NASDAQ:TSLA doing Tesla things frfr lol (Very 2020-2021esq)... I sense a #ShakeOutB4Breaout #Soon
@ 380ish I would buy some OTM Calls on NASDAQ:TSLA on $550 Strike's... Dates #TBD
Looking for continued weakness slow grind down short-term. Looking to enter calls on #BigGREENDay / #Stremf (Strength ... Always Teste...) in mid term...
New Price Target (POST SHAKEOUT) - $550-$600
-Prophecies (#StayPaytient)
PS; If it acts, looks, sounds, and feels like a bullflag, it's probably a bullflag.
Bitcoin FEAR – January 3, 2025Bitcoin stands strong at $96,352 today, with analysts eyeing a potential surge to $120K by mid-year and possibly $250K by year-end. Whale activity is rising, signaling big players are gearing up for the next bull run.
The crypto revolution is accelerating, and this could be your moment to act. Ready to make the most of it?
Rigetti Computing, Inc. to print a 70% market crash ??** short trade - weeks ahead **
On the above 2 day chart price action has rocketed up 800% in the last 60 days. Now is a good moment to be “short”, why?
1) Price action meets flag forecast.
2) The forecast area is also monthly resistance.
3) Price action is multiple sigmas from the Bollinger Band Mean. Do not forget, 95% of all price action trades around the mean.
4) First support is around $2.35
5) Everyone else on tradingview is long. WW is a contrarian, that means he opposes popular opinion.
www.tradingview.com
Is it possible price action continues going vertical? Sure.
Is it probable? No
Ww
Type: Short trade
Timeframe for short entry: 48 hours
Risk: You decide
Return: 70%
Pepe Interesting Observation from Anchored VWAP Higher HighHey guys Anchored VWAP from highest high we put in late December. Seems a pattern has formed which is a smaller clone of what already happened. Just putting it on the radar.. I think a must know. Explains itself. Learn Anchored VWAP. You'll have to or want to play with the dates for this control. Interesting.
Neiro takeoffThe chart was created by identifying the true support and resistance levels for the NEIRO currency since September. Between each support and resistance level, there is approximately a 7-25% range, offering several strategies to profit within these zones.
NEIRO is preparing for takeoff and is currently at a critical price level. We should see NEIRO at 0.00163296, which is a significant point that represents the area with the highest trading volume since NEIRO's inception.
In my opinion, the short-term target for NEIRO is 0.00231861, with a potential long-term target of 0.004 - 0.005 in 2025.
Trading markets carry significant risks, and this is not financial advice but a technical analysis. We will see its results in the coming days. #To_The_Moon
Everything mentioned above will only come to pass In sha Allah
USDJPY towards 158* The price broke the downtrend line and is heading to 158
* Already broke so powerful resistances and is trying to recover after the massive bearish wave which hit that pair
* The Japanese markets are closed though on 01.01 and also on 22.01.25 but Forex currency pairs are working though.
* I expect a bullish open to the day of 02.01.25
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Follow up on the current strategy I employed for XAUUSDAs mentioned in previous post, I tried to keep it simple and further trust and learn the system I currently uses. From my perspective, one should trust their system, the most lethal of technical aspect is not fully understanding the potential of your system.
Trade results from my recent buy bias for XAUUSD.
Volume, Trend, Impact - determine these areas and you will surely get as much higher percentage of winning.
$AKT - +26% Today, Last Chance?For those that have been holding and staking AKT through the bear, I think the time is soon coming for sewing the rewards!
Here's one of my better posts about CSEMA:AKT , following the first FED Rate Cut:
We anticipated that there may be a flip to 'risk on' following that event, and those that positioned there have been reaping massive rewards, in any alt, let alone just AKT.
Going back further, I initially called out this bull pennant in September 2024:
Today, we're up 26% alone, and I think it is interesting that COINBASE:HNTUSD is not pumping in a similar fashion. Why might that be? Any ideas?
This might be the last chance to get cheap AKT, the decentralized AWS. NFADYOR YAKWTFIGO
$COOKIE reminds me $SUSHI... this will be HUGE.Get ready for an explosive move! The recent patterns in $COOKIE are reminiscent of the incredible CRYPTOCAP:SUSHI rally we witnessed last year. With similar market conditions and strong community backing, I predict a potential rise of over 7000% .
Don't miss out on this opportunity – it's time to ride the wave and see your investments soar to new heights!
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions."
Short term Bitcoin warning: multiple bearish signalsShort term #bitcoin CRYPTOCAP:BTC BITSTAMP:BTCUSD warning:
- price is retesting the 50-day moving average, which is now resistance since we broke it to the downside
- price is bumping into the average volume levels of this top
- there is no volume behind this push (there is a price/volume divergence)
- we formed a bearish head-and-shoulders pattern
- we didnt liquidate enough leveraged LONGs
Bitcoin cán ignore all this and just PUMP through but just keep it in mind. Happy trading! 🥸
Understanding Bollinger Bands: A Comprehensive GuideBollinger Bands are a versatile and widely used technical analysis tool that helps traders assess market volatility and identify potential price levels. Developed by John Bollinger in the 1980s, this indicator consists of three lines plotted on a price chart: the middle band, the upper band, and the lower band.
What Are Bollinger Bands?
Bollinger Bands are constructed using a simple moving average (SMA) and standard deviations of price data. The bands expand and contract based on market volatility.
1. Middle Band:
- A simple moving average, typically set to a 20-period SMA.
2. Upper Band:
- Plotted at a distance of two standard deviations above the middle band.
3. Lower Band:
- Plotted at a distance of two standard deviations below the middle band.
How Bollinger Bands Work
The distance between the upper and lower bands reflects market volatility:
- Wide Bands: Indicate high volatility.
- Narrow Bands: Suggest low volatility, often preceding significant price movement.
Key Concepts and Applications
1-Squeeze:
- A "squeeze" occurs when the bands narrow significantly, indicating low volatility and the potential for a breakout in either direction. Traders often look for confirmation from other indicators to predict the breakout direction.
2. Price Touches and Reversions:
- When the price touches the upper band, it may signal overbought conditions.
- When the price touches the lower band, it may indicate oversold conditions.
- However, these are not standalone signals and should be used in conjunction with other analysis.
3. Trend Following:
- In strong trends, prices can "ride" the upper or lower band without immediate reversals.
4. Double Bottoms and Tops:
- A double bottom near the lower band or a double top near the upper band can signal a potential trend reversal.
How to Use Bollinger Bands in Trading
1. Identify Entry and Exit Points:
- Use the bands to spot potential entry and exit levels. For instance, consider buying near the lower band during an uptrend or selling near the upper band during a downtrend.
2. Combine with Other Indicators:
- Pair Bollinger Bands with RSI or MACD to confirm signals.
- Use candlestick patterns near the bands for additional validation.
3. Set Custom Parameters:
- While the default setting is a 20-period SMA with bands set at two standard deviations, adjust these parameters to suit your trading style and market conditions.
Strengths of Bollinger Bands
- Adaptable to All Markets: Applicable across different asset classes and timeframes.
-Dynamic Nature: Automatically adjusts to market volatility.
- Visual Representation: Easy to interpret and use in combination with other tools.
Limitations of Bollinger Bands
- Lagging Indicator: Based on historical data, Bollinger Bands may not always predict future movements.
- False Signals:In sideways markets, Bollinger Bands may generate misleading signals.
- Dependency on Context:The effectiveness of Bollinger Bands depends on the trader’s understanding of market trends and conditions.
Example of Bollinger Bands in Action
Imagine Bitcoin (BTC) is trading in a range between $90,000 and $105,000. During a period of low volatility, the bands contract, signaling a potential breakout. Shortly after, the price breaks above the upper band, supported by rising volume and a bullish RSI. This could indicate a strong upward move, presenting a buying opportunity. Conversely, if the price breaks below the lower band, it might signal a downward move, suggesting a selling opportunity.
Conclusion
Bollinger Bands are a valuable tool for analyzing market conditions, identifying potential trading opportunities, and managing risk. While they are easy to use, their effectiveness improves when combined with other indicators and sound risk management practices. Always test your strategies with historical data and adapt them to your specific trading goals and market conditions.
People sold for taxes. NOW, back to 100K before Jan 21stMy orange support lines held firmly, MSTR closed at my exact support yesterday and we are set up for a push higher before our new Pres takes office on the 21st.
Price target is 100K before 01/21/2025 and then an argument for a potential bearish head and shoulders is on the table. Which plays out perfectly because all of retail will be so hyped for trumps pro crypto administration, that bullish retail buying could trigger another pull back down.
Be ready for A LOT of whip saws and volatility. Buy the rumor and SELL THE NEWS.
VIRTUALUSDT - My swing trade with lots of upside!BYBIT:VIRTUALUSDT
I've been trading this coin successfully in 1m - 15m charts from around 13-Dec-24. I've realised there is potentially a lot more upside and more gains to be had by switching to a swing trade and let it run.
I have started a swing position (see inside chart screenshot) on 31-Dec-24 and is currently up, using the liquidation level as my SL to allow the trade plenty of room to move.
Will adjust SL accordingly in the next few days depending on price action and trend.
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. After Entry, Exit With in 5 Days, whether Target / Stop loss Hit or Not.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Note: Entry above High Only as shown on Chart as it is the confirmation of Trend Continuation
Bitcoin: The Cyclic Pattern Unfolding Again?Analyzing the current BTC weekly chart reveals striking similarities to the past, specifically the cycle seen at the end of 2023 and the beginning of 2024. Let’s break it down step by step.
1. Price Movement Comparison
Late 2023 vs. Late 2024: At the end of 2023, Bitcoin experienced a sharp rally of around 65%, moving from the lows to a significant peak. Fast forward to late 2024, and we see a nearly identical pattern—again, approximately 65% growth from the bottom to the recent high. The symmetry is hard to ignore.
2. WaveFlow Indicator
On both occasions, the WaveFlow indicator paints an eerily similar picture. It shows a strong push from the lows to the highs, followed by an expected pullback before another rally. If history repeats itself, the current setup implies that BTC will form a second peak following an intermediate bottom in the near term.
3. PrimeMomentum Long-Term Signal
The red diamond signal from the PrimeMomentum Long-Term Signal BTC indicator appears in a nearly identical spot:
The beginning of 2024: Red diamond signaled a top before a significant correction.
Late 2024: The same signal has just appeared, aligning with a possible cyclical correction phase.
4. PrimeMomentum Oscillator
At the bottom of the chart, the PrimeMomentum oscillator shows behavior that mirrors the end of 2023. This resemblance reinforces the idea that Bitcoin’s price action is following a cyclic pattern.
5. Expectations and Forecast
January Correction: Based on these indicators and historical patterns, we anticipate a pullback at the beginning of January 2025, targeting a mid-range consolidation or support zone.
February–March Rally: Following the correction in the second half of January, a rally is expected, peaking around March 2025, similar to early 2024’s price action.
Post-March Decline: After March, we could see another downward phase, mirroring the price behavior in mid-2024.
Conclusion: The Power of Cyclicality
This chart showcases the undeniable rhythm of Bitcoin’s cyclicality. Indicators like WaveFlow and PrimeMomentum provide clear parallels between the current market state and historical movements. If the cycle repeats as expected:
Short-Term: Prepare for a correction.
Mid-Term: Watch for a strong rally.
Long-Term: Plan for another cyclical downturn.
The data strongly suggests that Bitcoin’s market structure continues to adhere to predictable cyclical trends. With this knowledge, traders can better anticipate key market movements and position themselves accordingly.
MICROLN after disposed by OMESTI - announced severe LOSSseems like a reversal to happen
Looking at the chart for Microlink Solutions Berhad, here's my analysis:
Current Price Action:
- Trading at RM0.240, up 11.63%
- Recently broken above downtrend resistance
- Showing signs of trend reversal after extended decline
Technical Analysis:
1. Moving Averages:
- Price crossed above all major moving averages
- Moving averages beginning to turn upward
- Golden cross formation developing (short-term MA crossing above long-term MA)
2. Support/Resistance Levels:
- Immediate support at RM0.220 (recent breakout level)
- Next resistance around RM0.280 (previous support turned resistance)
- Major support at RM0.120 (recent low)
Volume Analysis:
- Notable increase in volume supporting the reversal
- September 2024: MYR3.033M (+172.03%)
- Green volume bars indicating strong buying pressure
Key Events and Figures:
- MYR-81.114M (-51561.98%) in September 2024
- June 2024: MYR-4.94M (-81.24%)
- Recent volume spike suggesting institutional interest
Trading Considerations:
- Breakout from downtrend suggests potential trend reversal
- Stop loss could be placed below RM0.200
- Initial target at previous resistance RM0.280
- Risk management crucial given historical volatility
SENDAI - BUY ON DIP ?SENDAI - CURRENT PRICE : RM0.570
SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart.
i) The share price manage to breakout 50-day EMA
ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure
iii) CHIKOU SPAN also manage to bounce from CLOUD support level
iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone
v) High trading volume than previous sessions.
Technically it is a BUY ON DIP for this stock.
ENTRY PRICE : RM0.560 - RM0.575
TARGET PRICE : RM0.625 and RM0.690
STOP LOSS : RM0.530
TAYOR !