🔥 ACH is Heating Up! Catch the Bullish Vibes 📈Yo Crypto Fam! 🤟
Get ready to amp up your crypto game because ACH is on fire right now! 🚀 I've been vibing with the charts and guess what? There's some serious bullish divergence popping off, and it's all kinds of lit. 🌟
What's the Deal with ACH? 🤔
Alchemy Pay, isn't just another crypto token; it's the bridge between fiat and crypto, making digital payments smooth AF. 💸 Whether you're buying your daily coffee ☕ or snagging some cool merch online 🛍️, ACH is all about making those transactions seamless.
1️⃣ Crypto Meets Fiat 🌍: ACH is all about bridging that gap between digital currencies and everyday fiat money. Making crypto spending as easy as buying a latte! 💸
2️⃣ Global Reach 🌎: ACH is expanding like crazy, getting more peeps around the globe to hop on the crypto train. The more, the merrier, right?
3️⃣ Tech That Rocks 🎸: With Alchemy Pay, it's all about smooth, secure transactions. They're bringing the tech that makes spending your crypto as easy as sending a text! 💫
What's the Deal with the Bullish Signs? 🐂
That bullish momentum and divergence? It's like the market's secret handshake, telling us ACH might just be gearing up for a major leap. Keep your eyes peeled 'cause things are about to get lit! 🔍🔥
Stay Tuned for ACH! 📡👟
If you're all about catching the next big wave in crypto, Alchemy Pay is where it's at. With this bullish vibe, who knows how high ACH can go? 🚀🌙
#AlchemyPay #ACH #CryptoVibes #BullishMomentum #NextBigThing 🌐🎯🚀🔥
Divergence
Will SPWR shine in 2024?Hello everyone i want share my idea about SPWR (SunPower Corporation)
In 2023 we had pretty bullish stock price actions which i can't tell about SunPower Corporation.
How SunPower Corporation work? they have loans for 5-10 years, when they have contracts with low rates and government starting to rise rates their work goes bad and their stock prices falling but when rates are low their work going well and more investor make investment.
In my opinion 2024 year will be not great for stock market and the reason is, dollar strong movement start of 2024 and possibility to continue this trend all 2024 year is high. i have idea why i think stock market crash in 2024 which will be linked in this post.
If we look at SunPower Corporation with technical we have big divergence at weekly MACD. Trend at chart is bearish in 2023 but oscillator shows it bullish and this is why i think good investment in this stock. If i have reason stock market crash, if i have reason rate cuts and if technically accept it then i will make investment at lowest price which is perfect for now.
⚠️BTC Market Cycle | Repetitive and Predictable Market Cycle.Hi
COINEX:BTCUSDT
✅Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️r espectfully ✌️share if you have a different opinion from me or other analysts).
➡️ Chart is speaking itself.
According to the theory of Elliott waves, Bitcoin seems to have completed five impulse waves is now starting to form new corrective waves.
-So far we are repeating ABC correction cycle Scenario?
-Same RSI & MACD Divergence🔻
-Same rejection off the Major Resistance🔻
-The price has now completed wave A and is now creating wave B . The price can go up to 49K to complete wave B.
- Resistance Zone(49K-$51k) & Support Zone(39k)
-Bitcoin has been moving in an Ascending Channel for more than a year, and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin.
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✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Is A Short-Covering Rally in Corn Imminent? There’s no beating around the bush - the fundamentals for corn remain bearish ahead of Thursday’s USDA report. Last month, USDA caught many by surprise revising ‘23 corn yields to record-highs of 177.3 bushels per acre. Since then, corn futures have continuously grinded lower. But, could a short-covering rally be in the offing soon?
Per the last CFTC Commitments of Traders report, managed money funds have amassed a net-short position of 280,151 contracts (combined futures & options). That represents the largest net-short position in corn since 2019. While corn has continued making new lows, each of the last 4 contract lows have come in conjunction with less and less conviction - namely bullish divergence on the standard 14-day RSI. Moreover, the volume profile has gradually softened since the January USDA report. Thus, it's possible that all of the bears have already sold. The first step in a short-covering rally is getting bears to stop selling - and a friendly WASDE report on Thursday bares the potential to make that happen.
Check out CME Group real-time data plans available on TradingView here: www.tradingview.com
Disclaimers:
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
Weekly volume divergence and bearish reaction Here is one of the reasons why I expect the dump. Since this “bull” market started, there have been two trends in volume, and both are downtrends. Which creates a massive divergence with the price. The only volume candle that broke both trends with almost double the volume of the yearly trend at that moment - was bearish. Rejection from reaching 50k. Less and less bullish money is creating the price. FOR A YEAR! And bearish cash is there. Obviously.
Unwind TimeMoving sharply down from upper Bolly band. Expect correction to bottom of Bollinger bands.
Further megacap ERs to disappoint. Meta, Apple Thursday, many others.
Fed says no rate cuts, for some time. Bars pattern from last September FOMC disappointment.
History never repeats exactly, but it often rhymes. 4930 was a top. Short every rally!
This ain't no place for investors. It's speculator's fantasyland.
The destiny of Eur/UsdThere is an excellent MACD divergence in the 4-hour chart and a hnoxville divergence in 1 hour yesterday and today a trap appears at the level, you will find a Knoxville divergence (Rob Booker), everything suggests that being at excellent support levels the price will continue to rise to yesterday's high 1.0892 in the coming days
US Stocks Record High with Record Retrenchment, What's HappeningIn January alone, Microsoft, Google, Meta, and other tech companies have collectively cut more than 21,000 jobs. Furthermore, last year marked one of the worst periods in recent memory, with approximately 260,000 tech professionals losing their jobs.
Normally, we expect to see cost-cutting measures during a contraction stage, as was the case during the Dot-com bust, rather than during a period of growth like today. So, what is currently happening?
My name is Kon How, my work in this channel, as always, is to study behavioral science in finance, discover correlations between different markets, and uncover potential opportunities.
Micro E-mini Nasdaq Futures and Options:
Minimum fluctuation: 0.25 index points = $1.25
Code: MES
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
MATICUSDTMATICUSDT was trading in descending parallel channel. The price was reacting well the support and resistance of channel.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.00
What you guys think of this idea?
UNG ( Natural Gase Futures ETF) Swing trade Short then LONGUNG is shown here on the 15 minute chart with text box comments showing the three trades
over 8-9 trading days yielding 25% overall first two trades short then a one day long trade at
what may be an early reversal. A pair of hull moving averages 49/140 ( multiples of 7) are used
to generate buy and sell signals in golden and death cross fashion. A dual TF RSI indicator is
used to support those signals. As swing trades with typical stop losses these were quite
profitable with low risk. As an alternative if a trader has options charting available the same
strategy/ method can be applied for significantly higher profit with less capital in each trade.
What is Volume Divergence? - Divergence in the US Markets?Whenever we see a divergence, this means they are going through a process of moving apart or deviating from what we are seeing.
In this case the US markets, even though it appears to be trending higher, but its activities and especially its transacted volume are telling us otherwise. And what are their implications?
My name is Kon How, my work in this channel, as always, is to study behavioral science in finance, discover correlations between different markets, and uncover potential opportunities.
In conclusion:
Please note the divergence we are observing here; it does not indicate that the market is going to decline anytime soon.
What this means is that the bullish trend we are currently witnessing may be losing some momentum.
Therefore, it's important not to become too complacent and assume that the bull market will continue charging indefinitely. During times like these, it's always good to take calculated risks with our investments. Continue to buy on dips with cautiousness.
Micro E-mini S&P Futures and Options:
Minimum fluctuation: 0.25 index points = $1.25
Code: MES
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
The DXY Anomaly: Interpreting the Incoming CorrectionThis week's focus is on the potential for a minor retracement in the DXY (U.S. Dollar Index), highlighted by a noticeable bearish divergence when compared with the 10-year Treasury yield and the 10-year T-Note futures. This divergence is particularly significant as it suggests a weakening momentum in the dollar's recent uptrend.
While both the 10-year Treasury yield and the 10-year T-Note futures have succeeded in setting new highs, the DXY has not followed suit, failing to create a higher high. This disparity indicates that the upward movement in the 10-year Treasury yield and the 10-year T-Note futures could be attributed more to a liquidity-driven event rather than a fundamental change in market sentiment towards the dollar.
As a result, we can anticipate possible bearish movements in forex pairs where the dollar is the base currency in the coming week. Conversely, in pairs where the dollar is the quote currency, there could be bullish movements. However, it is important to note that these expectations are also contingent on the performance and dynamics of the counterpart currencies in these pairs.
Traders should monitor the DXY for early signs of a reversal and adjust their positions accordingly, keeping in mind the broader implications of a weakening dollar on various currency pairs. As always, a comprehensive approach that considers global economic news and geopolitical developments will be essential in navigating the forex market during this period of potential dollar retracement.
USDJPY - SHORT IDEAUSDJPY was in distribution phase after a bull run. Created a divergence on RSI and now created a head and shoulder for reversal. Broke the neckline of head and shoulder and is expected to go bearish.
It was accumulated and then went for bull run and getting dropped after the distribution phase.