UNFI ON PACE OF A BULLISH MOVEIn this chart of BINANCE:UNFIUSDT , the coin is forming a possible inverse head and shoulders pattern as presented on the thumbnail.
It could also form a cup and handle due to slight inclarity of the head and shoulders.
But both patterns citing a possible BULLISH movement for the price of $BINANCE:UNFIUSDT.
On a daily perspective, the price has reached a critical Fibonacci area of $9.164 as shown in the chart below.
Will update the target areas for a possible break plays below. For now I'm waiting for a breakout that could be (hoping) just hours from now :)
Always PLAN your trades and happy trading!
GAS
📉💥 Gas/USDT - A Warning 💥📉Gas/USDT: Brace yourselves, traders! I'm not relying on complex analysis here, just my gut feeling. I have a hunch that Gas/USDT might take a big drop in the coming days, possibly between November 7th and 13th.
📝 Note:
Keep in mind, this is just my personal opinion, not financial advice. Always do your own research before you make any trading decisions. Your financial well-being is what matters most! 💡📊
Let's keep an eye on the market! 🚀
Bullish potential detected for HHR - an oil and gas playIn the context of a 'down day' on the ASX market, aligning with crude oil futures (CL) appearing to successfully test support levels of $82.06 on a 4 hourly chart, HHR is holding up well and represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position. I'll cover this more in the upcoming weekly video, however as can be seen in the chart, the stock price is currently testing prior resistance (potentially now support) of $0.029, aligning with technical indicators of RSI and DMI. Personal stop loss for the trade would be below the low of this channel formation (i.e.: below the low of $0.022).
GAS/USDT - NEO GAS: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the HOSE:GAS / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 2.505 | 2.709 | 3.052, while significant support zones are located at 2.162 | 2.023 | 1.68. It is advisable to contemplate initiating a buy position within the present price range of 2.563 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: NEO GAS
▣ Rank: 561
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 2.563 ₮
▣ 24HVol: 1,720,504.945 ₮
▣ 24H Chng: 7.104%
▣ 7-Days Chng: 10.92%
▣ 1-Month Chng: 4.40%
▣ 3-Months Chng: -3.13%
◲◰ Pivot Points - Levels :
◥ Resistance: 2.505 | 2.709 | 3.052
◢ Support: 2.162 | 2.023 | 1.68
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.87
▣ Last 90D: -1.01
▣ Last 1-Y: 0.59
▣ Last 3-Y: 0.67
◲◰ Volatility :
▣ Last 30D: 0.41
▣ Last 90D: 0.45
▣ Last 1-Y: 1.03
▣ Last 3-Y: 1.42
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.43 - Bearish
▣ Reddit sentiment score is 0.39 - Bearish
▣ In-depth GASUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Natural Gas Trend Continuation LONGNot a market we trade super often, but there has obviously been a LOT of opportunity in natural gas as of late. After a long period of accumulation, NG has finally broken out to the upside. We are looking for potential trend continuation longs. Ideally, we would like to enter this trade around the ~3.00 level (roughly coincides with Anchored VWAP + support/resistance “flip zone”), but it may be a bit before NG trades back to those prices (if it does). However, shorter-term/more aggressive entries exist via demand zones circa 3.2. We’ve formed new/”fresh” 60-minute supply @ 3.346-3.380, so that is an upside target. One should drill down via smaller timeframes (30/20/15-minute), though, to see what additional supply zones form between ~3.2 and 3.346 – it’s likely other sell levels will exist within expanded range candlesticks formed earlier this morning (EST). Smaller timeframe supply zones + any resistance levels should serve as profit targets for longs; if you enter a trade with multiple contracts, you can always hold a runner and look for new highs if upside momentum is strong. Finally, keep in mind seasonality. We are doing a more thorough analysis here, but NG tends to catch a tailwind during colder months (vs. summer)... We’ll keep an eye on this market and will provide updates accordingly. As is always the case with trading, our approach/thesis could change as price action unfolds, so use your discretion when evaluating this idea. Questions/comments welcome!
Jon @ LionHart Trading
NATURAL GAS EXPECTED HIGH VOLATILITY WITH BULLISH TENDENCIESThe ongoing conflict in the Middle East involving Israel, Hamas, and Iran, is having a potential impact on global energy markets. The conflict is complex, with deep-rooted historical and political dimensions, and has the potential to escalate, affecting regional stability. Geopolitical tensions in oil-producing regions can disrupt global energy markets, leading to price spikes and volatility in oil and gas prices. US energy policies, including decisions on domestic oil production and international relations with oil-producing nations, can influence global energy markets as well. That situation creates conditions for high volatility in the natural gas prices, with more tendency to bullish outcome.
If the bullish tendencies continue, the price might reach its resistance level at 3.394. In the opposite scenario, the price might revert to 3.271.
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💡 Don't miss the great Buy opportunity in NG1!(Gas)Hi everyone
It seems that we have to wait for an increase in gas prices in the coming months. If there are no special problems, I think we can predict the price of 3.6 dollars for gas.
Do you agree with my opinion? Please support me with likes and comments.
Impact of Fed's Interest Rate Hikes on Gas and OilOn October 4, 2023, the OPEC+ ministerial panel did not make any changes to the group's oil production policy after Russia and Saudi Arabia announced continued voluntary supply cuts to support the price of black gold.
However, Brent and WTI crude futures have fallen more than 13% over the past week on concerns that central banks could raise interest rates again to more aggressively fight inflation. In addition, rising unemployment and the slower pace of China's economic recovery are also putting further pressure on oil prices.
On the other hand, the US and European Union economies remain strong despite numerous problems, including high inflation and geopolitical tensions due to the military conflict between Russia and Ukraine. Thanks to stronger-than-expected consumer spending, global economic growth continued into the third quarter of 2023.
From the point of view of technical analysis, we believe that on September 28, the global wave (3) was completed, which, as it should be, was the longest and strongest wave, which is also reflected in the fact that this asset attracted the attention of the mass public. On October 5, 2023, wave A was completed, which belongs to a larger corrective pattern of the (4) wave, implying a continuation of the downward movement of the Brent crude oil price after reaching a strong resistance zone in the $89-$90 range. By the end of the fourth quarter of 2023, we expect the price to reach $77-$78.
In addition, global oil prices are under pressure, partly because gas storage facilities in Europe are full.
It should be noted that oil prices and the US Dollar index (DXY) are often inversely correlated, meaning that when the DXY rises, oil prices usually fall and vice versa. So, in recent weeks, the dollar has been strengthening, making oil more expensive for countries using other currencies, which reduces demand for it and, as a result, oil prices.
NATGAS Swing Long! Buy!
Hello,Traders!
NATGAS was trading around
The very bottom in a triangle
Pattern and now finally we
Are seeing a bullish breakout
Which we all expected and
Now we have a bullish confirmation
So we are bullish biased now
And we will be expecting further growth
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Equalized Natural Gas and Crude Oil Over DecadesThe goal of this chart is to attempt to show the impact of energy costs in the current economy. We use equal amounts of natural gas and crude oil according to economic websites, so a chart that shows the year-over-year % change of energy costs would be useful to look at so we aren't confused by headlines.
Everyone seems to be looking at crude oil as the main driver of inflation, but at the same time refusing to see that natural gas has fallen quite dramatically over the same time window.
What I have done with this chart is to plot the ratio of the price of crude oil to natural gas using the 2nd month contract because of the negative price of crude oil in 2020. The current ratio is around 26, so I then used the 26 ratio to plot the top chart. I multiplied NatGas by 26 and added it to Crude Oil to get a "total energy cost" to the economy. I then did a 1 year rate of change to show the oscillations of "bearish headwinds" of inflation and "bullish headwinds" of deflation. Obviously, lower energy prices are supportive of the economy and higher energy prices are inflationary and imply producers and sellers will raise prices, putting pressure on the Fed to raise rates to cool off the economy.
Currently, we have a -31.59% YOY% change for the total cost of energy and as recently as May we were at -61%.
Granted, energy is not the entire economy. Energy is only 6% of the economy so it is just a small part but it feeds into everyone's costs.
Next I will work on some ways to create specific market buy and sell signals to see if we can make a permanent indicator for this idea.
Wishing you all well.
Tim West
9:06AM EST, Wednesday October 4, 2023
Natural Gas waiting for a spray up to 4.13Cup and handle is forming on the Natural Gas daily price chart.
It started on 2 March 2023. And since then it's been forming higher lows.
We are just waiting for a strong breakout to the upside before all steam ahead.
7>21 - Bullish
Price>200 - Bullish (For the first time in months)
RSI>50
Target 4.13
Telegram Trading Bots - The New Hype 🦄☛🐴 (aka Uni-Horse )🥕 First of all let's start with the Big Winner and real Unicorn:
🦄The one and only, his Etherum highness, Vitalik Buterin! The master of the gases always wins.
ref: ''Telegram-based trading bot Unibot generates $650,000 in gas fees in one day''
🥕 The second winner and also second force behind this success:
TELEGRAM!
You see, Unibot is a Telegram bot!
Unibot offers a suite of features, including “limit orders,” “mirror sniper,” “fail guard sell,” and “private transactions.” The platform also has a real-time token scanner that allows customers to create alerts on newly created tokens on the Ethereum blockchain.
When a new user joins the bot, the latter generates three new wallets, one of which must be funded on the Ethereum network. Then, users must top up one of the addresses with ETH before they can start trading. 🦄
🤠To the cheese:
So yes,
UNIBOT (or UniHorse as it should be called) is a Telegram Bot that makes money for Ethereum and also for Telegram.
🤠I would propose you stay safe, careful and cautious:
🐴Such Telegram bots, as Unibot and Genie Bot, might not be entirely safe.
🐴Individuals wishing to trade using bots can transfer their funds back to their old-school crypto wallets when closing their trades.
🐴There are also chances that most of the trading bots will go to zero as the market becomes oversaturated.
🐴You can also make your own. nothing too difficult or special here
Just another hype imo...
One Love,
The FXPROFESSOR🤠
PS. 🦄Vitalik makes ALL the money, as always... why isn't Ethereum rising? 🥕🐴
+90% Natural GasIs natural gas a good stock to buy?
When investing in natural gas stocks, it is important to look for companies with good financial stability, and a strong history of profitability. Natural gas stocks can be a good investment for stock market investors. This is because natural gas prices are expected to continue to rise in the future.
Natural gas will go higher!So, we are back with another trend analysis and new support/resistance levels.
We have had a major pullback from our latest resistance level of 3 back to around 2.8~. Which is fine, its natural.
But I still strongly believe in a major bull run and upside in natural gas, which is why I believe we have to go higher, and we will in the last 2 quarters of 2023.
We have resistance level around 3.3~ - this was tested back in October/November 2020 and most recent around January 2023. This is my first target price (TP 1).
What happens after this is hard to guess at this point of time.
Will we have another energy crisis? What about the war in Ukraine and Russia? My best guess is that we will go higher after reaching 3.3 – but only time will tell.
Let me know what you guys think!
Good luck!
NATURAL GAS, Century Descending-Wedge Breakout Incoming!Hello,
Welcome to this analysis about Natural Gas and the monthly timeframe perspectives. Natural Gas over the last times as I discovered has built a massive formation which will be an important source in the upcoming times and especially when it completes the developments happening after the confirmation will be huge. Besides that, there are also other fundamental factors that play into a potential bullish increase and the developments that can be seen in real price-action. Therefore I am looking at all the important levels and upcoming determinations we should consider with Natural Gas's established structure and the upcoming movements ahead of the next times.
Structural Technical Developments:
As when looking at my chart we can watch there how Natural Gas has formed this major formational structure with several bounces to the upside from the lower supports every time holding these supports and increasing with volatility and volume which is a good sign for stabilization. Furthermore mainly Natural Gas is forming this massive reversal formation, this formation is a descending-wedge-formation which is known as a solid bullish reversal formation. Natural Gas already managed to complete the coherent wave-count from A to E in this formation and is now penetrating the upper boundary of the formation with the recent bullish move. Besides that Natural Gas is now holding above the 35-EMA in red and the 100-EMA in green which it had previously as resistance and is now appropriate support.
Upcoming Perspectives And Fundamentals:
Taking all these factors into the consideration this formation has a good potential to complete in the upcoming times which will happen with a final breakout above the upper boundary, this will complete the formation and will also activate upside targets marked in my chart within the 10 areas. From a fundamental perspective, there is the thing with governments altering the gas price higher with setting taxes and extra fees on the gas because more and more governments looking to increase renewable energies these are measures actively taken by governments to switch from fossil energy to renewable. This is why the actual gas price will go up higher in the next times to come as the regulatory body step by step is setting the price higher which is also corresponding with the technical development suggested, therefore the bullish case has an increased likelihood here, it will be an interesting journey ahead.
In this manner, thank you for watching my update-analysis about NATURAL GAS and the main descending-wedge and its breakout likely to emerge in the upcoming times, great when you support it with a like and follow or comment for more market insight!
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Information provided is only educational and should not be used to take action in the market.