WATCH THIS DAY CLOSE🚀🚀In my last post I explained how you should have bought call options on the overall support line, from then the price has gone up.
If we manage to close a day candle over this resistance point we should expect very bullish behavior. Not that we haven't already.
Tell me what you think in the comments! Seeing everybody bearish yesterday but bullish today is confusing.
ATH
ROSE - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: left
ROSE is overall bullish trading above the blue trendline and now retesting its All-Time-High so we will be looking for trend-following buy setups.
on M30: right
ROSE is forming a channel in red, so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, ROSE would be overall bearish can still trade lower till the blue trendline before going up. In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GOLD This is what to watch!Hello All!
Gold is still consolidating in the weekly triangle also following the weekly 200MA.
A break out from this triangle will push towards new ATH or search for buys near the supply support levels.
A break from support would be bad news for Gold however much less likely due to the current political climate & current events.
TSM, Will make a new ATH !TSM 's trend is clearly up . It more than likely has completed waves 1,2,3,4 of a wave cycle and now is completing it's final leg.
TSM' s Tripe three complex correction has ended on 6 Oct 2021 at 107.58 USD. Currently it has completed wave 1 and 2 of last mentioned final leg up and is in wave 3 the final wave .
Our targets are :
1. 149 to 151
2. 161 to 163
3. 174 to 176
I give more chance to 161-163 for now however we have upcoming Earning Report which predicted by analyst to be a strong one and may push the price much much higher!
Normally I expect a correction after hitting our target, retrace back to around 110 and another move up to new ATH.
Our buy point is taking out 135.5 high.
Good luck everyone!
How long takes for FTM to reach new ATH!!!According to whalestats.com during these days top ETH whales start to accumulate FTM, if it's going to continue next days and the amount of FTM which is hold by Exchanges drop more.
FTM could submit a new ATH. although short correction would be inevitable to gain enough power to break resistances just like what we see with MATIC.
BTCUSD - THE BULLS take control? When will we hit the new ATH? WHi Everyone.
I came Back also with the weekly timeframe for the earlier post to have a better view.
We have a great support at $40.000, the Stochastic RSI , RSI + MACD , prepare to go up and if it will continue, we will start a new rally for the ATH . Comparing the other uptrends timeframes it is possible to see a new ATH in May.
Don't forget to hit Like button if you agree with my idea.
Disclaimer: I am not an analyst, do not throw stones at me, I am just sharing my thoughts.
Regards,
Razvan
BTCUSD - THE BULLS take control? When will we hit the new ATH?Hi Everyone.
I was looking at the bigger timeframes and I saw this repeating Bullish Flags
I've published this chart on a Daily timeframe to see also the Elliott Waves that predict the trend change.
We have a great support at $40.000, the Stochastic RSI, RSI + MACD, prepare to go up and if it will continue, we will start a new rally for the ATH. Comparing the other uptrends timeframes it is possible to see a new ATH in May.
Don't forget to hit Like button if you agree with my idea.
Disclaimer: I am not an analyst, do not throw stones at me, I am just sharing my thoughts.
Regards,
Razvan
Elon In potential profit zoneAs you can see, the price started its bullish cycle in Oct. It finished the channel phase and entered into trading range phase, but not a normal trading range, It created trading range in pattern mode ( bullish triangle ).
Parts of the charts are:
Red line: short term bearish trend line ( one side of the triangle )
Dotted red line: extended bearish trend line
Green line: short term dynamic support ( another side of the triangle )
White lines: Main support zone
The Price broken both bearish trend line and extended one with 3 consecutive bullish candles and then has created a pullback with 2 pin bars and another small bearish candle. That's definitely a spike and its pullback, but the context does not support the idea that it's a start of a new bullish cycle which can create a new ATH, or just a minor cycle into the trading range and can go up and touches the previous ATH. For now, We do expect that the pullback continues to at least the broken extended line ( dotted ). If it goes further, the price will make pullback to the main bearish line ( red ) which also will be the cross of the red and the green line, so at that point, strong support it likely expected.
So at this point, the tp1 would be the previous high which will give %89.29 profits ( %161 if it goes down to the red line ) and at that point, we need to see the price momentum and decide to go for higher tps or we should take the profit.
Transportation leader $NSC is making new highsNorfolk Southern Corp. operates more than 19,000 miles of rail road in the U.S. With a #2 ranking in the IBD Group Leadership and a RS line rating of 84, NSC is close of making an ATH. This is a sign of very good technicals.
On the fundamental side, it had a revenues increas of 15% to $8.29B for the nine months ended 30 September 2021. Also, for the last 3 quarters reported and increase in sales and EPS.
What may drive the price up for the upcoming weeks, are the news of NYSE:NSC is collaborating with NYSE:X and NYSE:GBX to create a new and sustainable high-strength steel railcar. Is a partnership between supplier, builder, and end-user.
The company is also launching a new web site called NSites, a GIS-based search engine to help businesses easily find rail-served industrial sites and transload facilities that meet their needs.
Remeber that round numbers like $300 holds a pretty strong psychological barrier. So I'll be waiting for the breakout.
A view on BTC logarithmic curves | 150K or 25K ?If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years.
As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022.
If BTC continues to fall then we can expect it to stay above $25k LowDev price.
However, BTC $150k is around the corner and it is expected to touch the HighDev ($150K+) soon. BTC new peak is imminent but it's just about how long will it take.
I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022.
Let's wait and watch.
Hexa
Chart Credit: coinglass
🚀 FET 🚀 KEEP YOUR EYES ON IT 🚀FET is above $0.58 horizontal resistance and 200 EMA.
If he can break the resistance, his targets will be;
$0.68
$0.88
$1.20 ath.
This is NOT financial advice, you are responsible for your own trading decisions.
** If you enjoyed the idea please LIKE and FOLLOW **
Let me know what you think below!
YES! WE'RE SURE, ABSOUTELY CERTAIN, WE SHOULD SHORT NOW!!!LOL, follow-up to a recent post. We got a shooting star Doji on the daily 30 Dec at ATH retest and fierce EOD sell.
Looks like Thursday's gap was Exhaustion, filled EOD and sold lower. I be Shorting any subsequent rally into the New Year!
This ain't advice, you could lose a lotta damned money doing this! Trade at your own risk, GLTA!!
NASADQ can move higher?NASDAQ on the 4h chart close the last month near to the previous ath.
The price opens the session with a move into a descending channel for a retest of the previous resistance now turned support.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Are we still NEAR the moon?NEAR has had a tremendous run recently making a new ATH and is now trading above all EMAs. On the daily timeframe, we can see that NEAR has been trading within this parallel ascending channel since July-Aug 2021 with a respectable recent attempt to break out of the channel.
In the short-term, it has failed to make a higher high and on shorter timeframes, it may begin to create a descending channel toward the 61.8 and 50 fibs. This may be a good entry zone to catch the next impulse provided the support holds. In the event that BTC takes a sharp fall, NEAR could drop to the 38.2 zone which could be a great entry point for a long-term hold, as overall, the trend is still bullish.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
Eth is going to meet the last line to break before reaching to 4The market is increasing it's value very smoothly but steadily and now the ethereum price is getting closer to a resistant line which is the last line of Defence for bears before getting to the range of $4,000 and it has to break it with a very good and significant candle in order to reach the range of the $4,000 which is so important if it wants to set a new record of ATH so if you want to purchase some you have to monitor the charts often ... Guys at the End let me remind you that this is not a financial advised you have to do your own research before start trading wish you all the best...
BTC Ready to Explode with new ATH Bears, Funny how you said it was the end!
BTC getting ready to Squeeze all Shorts :) #2022
Bulls Get Ready for the final Show!!!
S&P500 Also nailed new ATH recently, Now it's time for the Crypto Market to make our 2022!
BTC recently retested downtrend resistance (new support) after a successful breakout! The bears need to back off now
Targets: 50000 - 60000 - 70000 - 80000 - 100000 - 150000 - 300000 - 500000 - 1000000
Precise date for the top of this cycleI thought a bit and found that the cycles are indeed getting longer.
First cycle duration is 367 days from the halving date to the top. Halving date was 28th of November 2012, date of top was Nov 30th 2013.
The second halving was on July 9th 2016, the top on Dec. 17th 2017. Cycle duration thus 567 days.
So: Every cycle is now either 159 days longer than the previous one, or 1.43x longer, should this lengthening ratio continue.
This would put the top for this cycle to March 27th 2022 (+159 days each cycle) or June 4th (x1.43 each cycle).
I think the top will be at the full 4.236 fibo extension at 300k. I made an overlay of the previous rally from August 2020 to May 2021.
The result fits pretty well with the fibo extension and also with the timing.
Let's see if this is correct.
If yes, most altcoins will see their top earliest in April 2022, or even as late as July 2022.
We will soon find out if this theory is correct :)
Idea for the the next 30 days! 4H chart LUNA Hello crew,
Luna has been trading in an ascending channel for the last 4 weeks, forming a Bake & Retest Pattern like it happened accouple of weeks back.
We are also in the oversold area on the RSI meaning that we might see a reversal in the next week
Saying all this I would look at going long and placing trades at $90
Further more if we have enough volume to break out the resistance at $97 "I think It will" due to the start of the new year, we might go for a new ATH $120-$140
Always wait for confirmation in markets like this, as we can't predict %100 the following trend.
Happy Trading everyone!
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)