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$ETC - Bounce from 60 period SMA on the 4 hour chart - LONGA simple idea along the lines of my last couple if you've seen, we've had a large expansion when ethereum classic started to get a lot of attention surrounding the merge narrative and mining moving over, a range was set on the break down from that rally and price has managed to break out and is currently come back down to retest it, also lining up with a bounce from the 20 period SMA which I like. this is a good level to buy imo and i think we go to at least 40.6ish which is towards the top of the prior consolidation before breaking down tldr buy 37.6 target 40.6 stop 36ish (below a prior wick and 20 period SMA) follow me on the tweeter :)
FTX:ETCPERPLong
by disgruntled
Is this recent rally a bull rebound of a bear retracement? To make an assessment if the market has turned bear, during the closing second quarter on 29th June 2022, we discussed on the topic “Using S&P to Identify Recession and on the 19 Jul, 2 weeks ago the tutorial posted here, we studied and expecting this current rebound, topic “Nasdaq a leading indicator of Dow Jones, S&P & Russell”. In today’s tutorial, I thought of doing a recap between the two videos and explore if the current market and its development, if it is a bull rebound heading to break another new all-time high or if it is a bear retracement? I have included both the video links below. Before we get into this topic, please also take some time to read through the disclaimer in the description box below. 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. Tutorial example: Micro E-Mini Nasdaq 0.25 = US$0.50 1.00 = US$2 (12,900 - 11,900) x US$2 =US$2,000 (Note: Opposite is also true) • During the closing second quarter in June, on 29 Jun - “Using S&P to Identify Recession • On the 19 Jul, 2 weeks ago - “Nasdaq a leading indicator of Dow Jones, S&P & Russell”
CME_MINI:NQ1!Education
by konhow
30
SOL/USDT : Short-term bullish signsBINANCE:SOLUSDT BYBIT:SOLUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $SOL has formed a short-term range bound and it's very possible to have a breakout above it. But there're two things to look for before getting into any Long on $SOL. - The higher S/R zone. - The higher S/R line. Despite the bullish bias on market from day-trading sight, It's better to wait for a hold above $38... With any confirmation above $38, You can enter Long with a final target of $43. Invalidation after taking a Long position should be a dive below the marked S/R zone! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
6
Biil Williams Aligator Indicator Explanation on BTC MarketCapHello Friends. Today we will explain Aligator indicator on BTC Marketcap Chart. this post has 2 purpose: 1)BTC marketcap analyze 2)Learn how Bill Williams Aligator indicator works First lets see how this indicator works: The Alligator indicator is composed of three smoothed moving averages. It is named ‘alligator’ because it mimics the feeding habit of the animal and can help traders pick out the best times to ‘feed’ on the pips available in a trending market. Here are the lines that constitute the Alligator indicator: Alligator’s Jaw This is a 13-period smoothed moving average.This line is typically visualised in blue. Alligator’s Jaw = SMMA (median price, 13, 8) Alligator’s Teeth This is an 8-period smoothed moving average. This line is typically visualised in red. Alligator’s Teeth = SMMA (median price, 8, 5) Alligator’s Lips This is a 5-period smoothed moving average. This line is typically visualised in green. Alligator’s Lips = SMMA (median price, 5, 3) Trading Rules: When the lines are intertwined or converging, it implies that the market is ranging (the ‘alligator’ is sleeping). The longer the alligator sleeps, the hungrier it will wake up; prolonged consolidation will imply a massive breakout. The alligator’s lip will be the first to move (crossing above or below the jaw) when it is waking up, which denotes the Begining of a new trend. An upward movement implies an uptrend might be forming, whereas a downward movement implies that a potential downtrend is starting. A trend will be confirmed when the alligator’s teeth cut through the lips. This will be the signal to buy in a confirmed uptrend or to sell in a confirmed downtrend. The signal to take profits will come when the lines start to converge again, which will mean that the alligator is now about to repeat the sleep cycle. Now lets see what happened in BTC marketcap According to this Strategy: We can see awakening of aligator from 9 march 2020 untill 12 april 2021. it shows a strong uptrend and aligator lines divergence. I show it with a Green Ellipse in chart. after that aligator go to sleep for a while from 12 april 2021 to 18 jan 2022. so we can see a Range in price and aligator lines converging. I show that with a Yellow Ellipse in chart. after that we see aligator lips and teeth breaks jaw and aligator awake in a downward trend so we approch a bearish market and i show that with a Red Ellipse. no one know how much this cycle last. after this section i think aligator go to sleep again and after that awake upward. please protect your capital and know about market cycles. we could see new bottoms so we must manage our risk. after that when diffrent conditions confirm uptrend we can buy again. Remember: Buy expensive but confident !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE. SO DO ON YOUR OWN OPINION AND CONSIDER MARKET RISKS. Thank you all for reading this article hope that be useful for you. share me your opinion in comment please.
CRYPTOCAP:BTCEducation
by TraderAmin-KZ
XAUUSD Price Action BreakdownGold has been in a range for almost two weeks with price bouncing back and forth between 1867 and 1829 (about 37 points). I think that the NFP report will bring in volume to push price out from this major range and could possibly continue the bullish trend on the daily TF. As long as the level of support holds around 1843 or 1838, we could see more bullish momentum as the week comes to a close. For now, I have mapped out some scalp trade opportunities going into the Asian session and possibly the NY session tomorrow.
OANDA:XAUUSD
by dreadhead4_life
XAUUSD ANALYSIS FOR JUNE 2022OANDA:XAUUSD Here we can see the monthly candle of May is about to close below the minor support. Therefore, the next month has a clear way down to the next support at 1772.200. The price of gold will most likely decrease this month and it may encounter some sort of difficulty at 1831. However, there is a clean traffic to the left and there is a high probability it will hit the predefined target, unless any external force influences the market, such as further escalation of war in Ukraine. Thank you for your attention, Ross.
OANDA:XAUUSD
by rossty777
3
SPY Channel Analysis with Levels (Week in Review Part III)POST FOMC MINUTES: 0DTE Credit Spreads, Long Trades, and LONG POSITIONS We must start with the TRENDLINE BREAKOUT that has been on our charts for weeks, and with the FOMC news behind us, the question for Thursday Premarket is do we reverse and drop during the Opening Range (OR) as we have seen so many times post FOMC. THURS: We got our answer pretty quick on THURSDAY with a GAP OPEN and immediate move over the WHITE SUPPLY Zone with the 1st ORANGE-BUY TARGET being hit in the Opening Range. Our AM Session included an Opening Range Breakout (ORB), so we held our LONG $ES_F and sold 0DTE $SPX Put Credit Spreads (PCS) under 3950 for Thursday...both of them printed. Our $SPY Traders still had 405.02 as Targets on their Daily charts from previous levels, and that level was hit immediately following a breach of the GRAY Line (R2-404.60). From there, we looked for a move towards the 2nd ORANGE Line (TGT 2) but SPY just couldn't quite get there. Any long positions cold have used the Daily 405.02 or the Intraday R2 (404.60) as a STOP EXIT for huge gains. SPY pushed almost 9pts on Thursday. FRI: In looking closer to the INTRADAY LEVELS, you need to recognize that FRIDAY's RED SELL TRIGGER was almost exactly where the previous day's BUY TARGET #2 was located. How can a SPY Level go from an extreme upside target to an actual SELL TRIGGER the following day? We cannot give the WHY, but rather just use the levels from our algo and trade what the day gives us. With the GAP OPEN, we cleared above the OVER/UNDER (not shown) and the GREEN BUY TRIGGER (408.57) in the first candle. From there, SPY hit the WHITE SUPPLY Zone early, and our upside targets were 411.02 (white dots from Daily chart) and 1st ORANGE TGT Line at 413. We anticipated the LOWS for the DAY (LoD) were in, so many held long $ES_F and others sold 0DTE $SPX PCS at 4050 and ultimately 4085. It was not until midway through our PM Session that SPY took out TARGET 1 (413) and then set it's sights on the Daily 415.15 (white dotted line) and Intraday R2 at 415.35 --which is EXACTLY where SPY CLOSED!!! What a late day squeeze...this was discussed and expected from the start of Power Hour!
AMEX:SPY
by VeteranWS
1
SPY Channel Analysis with Levels (Week in Review Part II)WED Analysis - the LOOK & FAIL followed by the BREAKOUT WED was a huge day, with the looming FOMC Minutes Release at the 1400 hour mark. We have broken the week down to provide insight into HOW & WHY we trade $SPY - both our ENTRIES & EXITS. WED- RANGE Morning between the WHITE LEVELS (SUPPLY & DEMAND ZONES) Textbook LOOK & FAIL from 10:15-11:15 and the ONLY REASON we did not initiate a LONG POSITION (different from a Long Trade) was the Downward sloping Trendline that we drew weeks ago. This Trendline never gave us a Breakout Signal w/ a close over it and the upper WHITE Line-SUPPLY ZONE was too strong of Resistance when coupled with the Trendline. SPY Returns back to our Intraday OVER/UNDER Line (not depicted on the chart). and flirts back with the RED SELL TRIGGER. There was no close under the RED TRIGGER, so our Thesis was still Long Trades (and possibly LONG POSITIONS) if we broke back up through the WHITE SUPPLY ZONE. Following the FOMC Minutes release at 1400, $SPY finally broke above the TRENDLINE & SUPPLY ZONE by 1420 hours (2:20pm) and we adjusted and closed some longer dated Put Debit Spreads (PDS). WED PM Session gave us an upside Target and we achieved a decent return longing some calls up into the ORANGE TGT1 Level for an INTRADAY / 0dte trade. $SPY/$SPX/$ES_F all closed above their prospective WHITE SUPPLY Zones, so we held some long ES Contracts overnight. PSA- TV would not allow us to publish a 5min Intraday Chart outlining the specific levels & times, so we used a zoomed in 15min Chart... PART III is next, covering Thurs & Friday
AMEX:SPY
by VeteranWS
SPY Channel Analysis with Levels (Week in Review)Last week, we provided a SPY Channel/Trend Analysis for the upcoming week. This weekend, we will break the week down into 2 segments: 1) the move to challenge the upper channel & 2) the $SPY channel/trendline break. In doing this, we will keep the 2 basic Channels/Trendlines on the chart, and overlay them with our Intraday Levels from our algo. This provides a greater perspective into how our preparedness meets the market throughout the week and why our confidence and expectancy in trading are so high. First, we have color-coded our INTRADAY LEVELS for speed in determining direction and postioning. This is our "Legend" if you will: GREEN/RED Lines are BUY/SELL Triggers WHITE Lines are SUPPLY/DEMAND (These are KEY R1/S1 levels with more significance than I will go into here) GRAY Lines are Support/Resistance (R2-R5/S2-S5) ORANGE Lines are BUY Targets (R1 goes to T1 / R2 to T2 / R3 to T3, etc...) PURPLE Lines are SELL Targets (S1 goes to T1 / S2 to T2 / S3 to T3, etc...) SPY INTRADAY- MON & TUES in Review MON- GAP Open and retreated back to the GREEN BUY TRIGGER, then hit WHITE SUPPLY (R1) & ORANGE LINE (TGT1) upside; $SPY was unable to push much over Gray Line (R2), but remained POSITIVE for the day TUES- GAP Down, SPY hit S4/T4 on Tues at 1045am, and put in a bottom...rallied all the way back up to WHITE DEMAND (S1) level and finish POSITIVE for the day
AMEX:SPY
by VeteranWS
$EW breaking out of a ~8month base!Notes: * Good earnings record * Very strong up trend on the monthly * Breaking out of a ~8 month base for the second time * Has been ranging tightly for the past few weeks between $123.27 and $119.94 Technicals: * Sector: Healthcare - Medical Devices * Relative Strength vs. Sector: 1.2 * Relative Strength vs. SP500: 3.88 * U/D Ratio: 1.13 * Base Depth: 20.9% * Distance from breakout buy point: 1.01% * Volume 18.81% above its 15 day avg. Trade Idea: * You can enter now as the price is still very close to the breakout point * If you're looking for a slightly better entry you can wait for an opportunity around $123.27 or 119.94 * Manage risk accordingly
NYSE:EWLong
by HaseebKhan_90
The Best Way to Trade XAUUSD Range!Hello Fellow Traders, I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD. NOTES - ITS VERY DANGEROUS TO TRADE A RANGE OR CONSOLIDATION, IF YOU PREFER TO WAIT UNTIL THE RANGE IS BROKEN (UP OR DOWN) THEN THE MARKET WILL GIVE YOU A CLEAR DIRECTION The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan! Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome See You in the next Analysis! Global Fx Education
EIGHTCAP:XAUUSD
by Global_Fx
$SBLK ready to move higher?* Good earnings in the recent quarters * Strong up trend in the recent years * Sector: Industrials - Marine Shipping * Relative Strength vs. Sector: 66.27 * Relative Strength vs. SP500: 15.88 * U/D Ratio: 1.21 * Distance from breakout buy point: 0.44% * Volume 48.37% above its 15 day avg. * Broke out of an ascending triangle and move ~32% higher from there before consolidating * Yesterdays candle shows tonnes of demand along the 10/20EMAs * Has been using it's 10EMA as a dynamic level of support * Broke resistance of $29.87 with higher than average volume Trade Idea: * You can enter now as the price just broke out once again with higher than average volume * Setting a 10% target seems achievable as it's just above a historical level ($32.32) * Manage risk accordingly as shipping stocks have been hard to trade recently.
NASDAQ:SBLKLong
by HaseebKhan_90