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DIA

DIA 77% Gain to New ATH @$7Oracle Season is here, DIA 77% Gain to New ATH at the 161.80% Fibonacci level @ $7.6. On the 2nd March the swing call script triggered a strong buy signal as the 13 EMA crossed up above the 50 SMA which was the start of this parabolic impulsive move. DIA has since grown 178% from $2 to a new ATH $5.77 on the 05/05/21. Since reaching a new ATH on 05/04/21, DIA has retraced down 48% and over the last month DIA was in a accumulation period trying to find support from the new ATH forming a Double Top. DIA failed to hold support at the new ATH, on 18/03/21 the 13 EMA crossed down Below the 50 SMA signalling a strong sell signal with profit takers still in the market, the downward selling pressure continued with the price breaking below the 200 SMA showing some signs of bearish momentum but as we have such strong fundamentals from this project and the whole market, it is clear that we are still in a bullish continuation pattern. We expect a 80% move similar to that from the 25th to the 5th April from the current set up over the next few weeks as we see more interest in oracles back in the market. Use the Buy Zones to Map your Buys, Happy Trading :)
Long
by CryptocurrencyMagnet
May 2 Market UpdateIn the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to its $4,186.75-$4,110.50 balance area. Balance (Two-Timeframe Or Bracket): Rotational trade that denotes current prices offer favorable entry and exit. Balance-areas make it easy to spot change in the market (i.e., the transition from two-time frame trade, or balance, to one-time frame trade, or trend). Any activity above (below) the balance-area high suggests participants are interested in discovering higher (lower) prices. Any activity within the balance area suggests participants are looking for more information to base their next move; in such case, responsive buying and selling is the course of action. Responsive Buying (Selling): Buying (selling) in response to prices below (above) area of recent price acceptance. Initiative trade below the balance-area low suggests an inclination by participants to revert to the mean and repair some of the poor structure left behind prior discovery. Initiative trade above the balance area puts in play the $4,210.75 minimal excess rally-high, and the cluster of price extensions at and above $4,200.00, typical price targets based on Fibonacci principles. Initiative Buying (Selling): Buying (selling) within or above (below) previous price acceptance. Excess: A proper end to price discovery; the market travels too far while advertising prices. Responsive, other-timeframe (OTF) participants aggressively enter the market, leaving tails or gaps which denote unfair prices. So, in the best case, the S&P 500 makes an attempt to balance or discover prices as high as $4,300.00. In the worst case, participants look to auction the S&P 500 into prior poor structures and low-volume areas (LVNodes) that ought to offer little-to-no support. More On Volume Areas: A structurally sound market will build on past areas of high-volume (HVNode). Should the market trend for long periods of time, it will lack sound structure (identified as a low-volume area (LVNode) which denotes directional conviction and ought to offer support on any test). If participants were to auction and find acceptance into areas of prior low-volume, then future discovery ought to be volatile and quick as participants look to areas of high volume for favorable entry or exit.
TVC:DJI
by Physik
DIA/USDT printing Livermore"s accumulation cylinder 💥Hello tradingview army, I hope everyone is doing good and taking care of themselves 😇 Lets talk about DIA/USDT today, As you can see in the chart DIA is trading in broadening wedge which is nothing but Accumulation cylinder of legendary trader jesse livermore Right now price is in a accumulation zone , if price go as a pattern we will able to see a massive parabolic rally in DIA/USDT. Thats all from my side , thank you !!!
by divineswaroopa
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