BINANCE:LTCUSDT The failure of Litecoin's bulls to push its price above HKEX:96 has given the bears the upper hand. They are trying to drag the price below the 20-day SMA ( HKEX:90 ), and if they succeed, the next stop could be HKEX:85 , which is an important level to watch out for. If the bears break and close below HKEX:85 , it could result in a retest of...
BINANCE:DOGEUSDT Traders sold on rallies during Dogecoin's increase on April 3, indicating negative sentiment. The DOGE/USDT pair is expected to remain in the broad range of $0.07 to $0.11, given the recent significant pullback. The moving averages might provide significant support, and if the price turns around, the pair may recover to $0.09. In contrast, if...
Welcome to my Bitcoin technical analysis! BTC/USD has been experiencing a range-bound movement over the past few days, currently trading around $28,000. There are a couple of possibilities when it comes to technical analysis. On one hand, Bitcoin could see a breakout above the key resistance level of $28,500, which could lead to a bullish trend towards $30,000....
Good Friday to you Team MARA NASDAQ:MARA I think I see Volatility Compression...do you see it too? The longer the stock goes sideways the higher the probability investors are buying, adding to their positions and the stock can move higher. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine...
Do you feel like giving up on the stock market temporarily? Many people are piling into money markets where last I heard. It was over $5 trillion. The other option is to look at gold via a CFD or a gold miner like Newmont. Usually, the miner may underperform, but in this case, it's outperforming. It still might be safer to get outperformance with an ETF like GLD.
Simple moving average crosses are the ultimate way to judge solid entries. As you can see here, the price of Ether against the U.S. dollar has risen above the latest cross. This is an almost guaranteed way to profit in any trading. No one knows how long the magnitude of this mini-rally will be, but the longer it is, the more your profit.
We are now in a good scenario of getting an uptrend which can potentially reach 49000 USD before august. The opportunity has started since this new easter week. The 29K-30K barrier is now more fragile than ever, and will be broken imminently. And 30500 will become a new support level. It's a long opportunity here. I have 2 cross-overs in my CMA indicator which...
Similar to the FNGU CTM 1.0 Technical Analysis, look for support at the $26 zone. Support line is broke, TQQQ could retrace back to $22.92. Could buy the inverse for short term trade below $26 and sell around $23. I'm long on TQQQ so looking to reup on buys in that area unless the 2nd line of support is broken. Paying attention to the MACD here for continued trend...
TSLA is in a better position than FNGU and TQQQ in my opinion, I went short on Friday around $207 with TSLQ and set a take profit of 5-7%. I should have let it run because I see TSLA going down to $190-188 support zone. Any lower than that and I will be bearish and buy more TSLQ. Above that level I am long TSLA and TSLL! Onward and upward Not financial advice.
Highly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone. Technicals: * ABCD reciprocal .886:1.128; * Fisher Transform bearish cross / bearish divergence; * Chaikin...
Well...I know the market can be hard to read sometimes but the ETH weekly chart above seems like it will have a Death Cross soon on our weekly chart . That's the main thing I see here . You see that light blue 50 MA ? And it looks like it will cross down through the dark blue 200 MA perhaps sometime this month ,in April . That's called a Death Cross of the 50/200...
Chart: SPX daily and 15 mins From tech side of analysis, SPX gave a hammer doji on daily chart, which kinda makes today's trade become very hard. Non-farm payroll and unemployment data will release tomorrow while market close, therefore, I don't think traders will do too much to bet the data and holding positions over weekend. Therefore, with no more important...
Kroger is a national supermarket chain with multiple departments as it needs to compete with more prominent players who have moved into the grocery home delivery business. The competition includes Amazon and Walmart over the last few years. To stay ahead, Kroger has implemented innovative delivery and promotional working strategies that appear to be working. Also,...
In this example we are going over Trading the Engulfing Bar with Moving Averages 1.We identify the trend (uptrend HH, HL) 2 we idenetify what engulfing patterns we aer looking for (bullish in this ex) 3. We turn on moving averages 21 (purple) 8 (blue) Directions: In bullish market- simply buy when price pullbacks to the moving average and an engulfing bar...
Prices can be bought at the levels I have described within the triangle and close to the lower band of the triangle. In the second scenario, a pending sell order can be entered from the upper band of the triangle. The prices are above the wedge.
There have been no closures below the 0.66065 level for weeks. Buy swap 1.8555 so why not buy.
Cardinal Health as a medical supply company does not pay attention to stock market gyrations and is in a sector that is typically regarded as recession proof. The chart one hour shows it cycling from a triple bottom in mid to late MArch into a good uptrend. This looks to be a good investment that pays a consistent dividend swing trade to take until the...
Reasons: above all moving averages broke the horizontal resistance bullish seasonality