BICO/BTC - Biconomy: Failure_Swing◳◱ We've detected a Failure Swing pattern on the OMXSTO:BICO / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00000815 | 0.0000085 | 0.00000921 and the major support zones are respectively at 0.00000744 | 0.00000708 | 0.00000637. It is a bullish indication and we may consider buying at the current price zone of 0.00000732 and targetting higher levels.
◰◲ General info :
▣ Name: Biconomy
▣ Rank: 207
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000732 ₿
▣ 24HVol: 0.796 ₿
▣ 24H Chng: 2.954%
▣ 7-Days Chng: 0.84%
▣ 1-Month Chng: -0.52%
▣ 3-Months Chng: -10.07%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000815 | 0.0000085 | 0.00000921
◢ Support: 0.00000744 | 0.00000708 | 0.00000637
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 0.55
▣ Last 90D: -0.24
▣ Last 1-Y: -0.32
▣ Last 3-Y: -0.54
◲◰ Volatility :
▣ Last 30D: 1.04
▣ Last 90D: 0.87
▣ Last 1-Y: 0.93
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BICOBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Technical_analysis
FRONT │ 12.10.2023BINANCE:FRONTUSDT.P
Signals for level breakout
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.28745;
Stop loss : 0.29019;
Take profit :
0.27923;
0.27649;
0.27375;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
LOOM │ 16.10.2023BINANCE:LOOMUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
no response to a false level breakout;
there is a reserve of calculated ATR;
Trade Parameters
Open : 0.27800;
Stop loss : 0.28602;
Take profit :
0.25393;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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HOT │ 16.10.2023BINANCE:HOTUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
there is no reaction to a strong instrument movement;
the instrument is being held from falling/rising in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.00125;
Stop loss : 0.00123;
Take profit :
0.00130;
0.00131;
0.00133;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Follow me and receive high-quality cryptocurrency market analysis!
ENJ │ 11.10.2023BINANCE:ENJUSDT.P
We are considering a potential price level breakout. There are several key signals that serve as our guiding principles (if one pays attention, these same points serve as signals in all our ideas). Observations provide us with confidence in the high potential of this situation.
Before crossing the level, we observe intense position accumulation and reduced volatility, indicating overall market interest and readiness for a move. Furthermore, we notice that the instrument has not been below this level for a long time, suggesting a lack of resistance on the path of price decline.
Going forward, we will monitor the instrument's movement as it approaches the level. We pay attention to the battle between buyers and sellers and will choose the side that exhibits a stronger position during the level breakout process.
Signals for level breakout
bar closure near the level;
bar closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
the instrument is being held from falling/rising in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR.
Trade Parameters
Open : 0.21200;
Take profit :
0.20751;
0.20601;
0.20452;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
BLZ │ 13.10.2023BINANCE:BLZUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
the instrument is being held from falling/rising in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
there is no reaction to a strong instrument movement;
Trade Parameters
Open : 0.11312;
Stop loss : 0.11343;
Take profit :
0.11219;
0.11189;
0.11158;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
AMZN: Technical & Fundamental AnalysisTechnical Analysis:
Trend & Moving Averages : The stock recently moved above the 50-day SMA but is currently below the 200-day SMA, suggesting that it's in a consolidation phase. The 200-day SMA is a critical level to watch. A sustained move above it might signal a longer-term bullish trend.
Fibonacci Retracements : The price seems to be hovering around the 0.382 retracement level, which has been a resistance area in the past. A breakout above this could target the 0.5 and then the 0.618 levels.
MACD : The MACD is currently below the zero line and is showing a bearish crossover, indicating possible bearish momentum in the short term.
RSI : RSI is slightly above 40, not indicating overbought or oversold conditions.
Stochastic Oscillator : The stochastic is moving upwards, approaching overbought territory (above 80), suggesting potential bullish momentum in the short term.
Bollinger Bands : The stock price is in the lower half of the Bollinger Band range, indicating a potential for a price rise.
Fundamental Analysis:
Valuation: The price to earnings ratio (P/E) stands at 105.23, which is relatively high compared to historical standards, suggesting that the stock might be overvalued.
Growth & Profitability: The company seems to have seen a dip in its recent performance, with decreasing margins.
Revenue Breakdown: Amazon earns a significant portion of its revenues from online stores and third-party seller services, showing its dominance in e-commerce.
Estimates: The earnings estimate for the recent year seems to be lower than the actual, potentially indicating better-than-expected performance.
Dividends: Amazon does not pay dividends, which means they might be reinvesting all their profits back into the company for growth.
Financial Health: Debt levels have been steady, indicating that the company is not heavily leveraging its growth.
Overall Trading Recommendation and Conclusion:
Short-term Outlook: The recent move above the 50-day SMA and the rising stochastic suggest potential bullish momentum. The next resistance to watch is the 200-day SMA.
Medium-term Outlook: While the stock shows signs of consolidation, the bearish MACD crossover might indicate potential downward momentum. The 0.5 Fibonacci level can act as a key resistance, while the 0.382 level is a crucial support.
Fundamental View: The high P/E ratio might be a concern for some investors looking for value. However, the solid revenue breakdown and stable debt levels highlight the company's strong fundamentals. The lack of dividends indicates a growth-focused approach.
Considering both technical and fundamental aspects, traders should be cautious with their positions, setting appropriate stop losses and taking profits at key resistance levels. Always ensure to do thorough research and possibly consult with a financial advisor before making trading decisions.
BNT │ 12.10.2023BINANCE:BNTUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
consolidation near the level;
decrease in trading volumes before the level;
there is no reaction to a strong instrument movement;
no response to a false level breakout;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.50426;
Stop loss : 0.50597;
Take profit :
0.49912;
0.49741;
0.49570;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
SOL │ 10.10.2023BINANCE:SOLUSDT.P
In general, we have a favorable situation for a strong level breakout, as only stop orders of other market participants are sitting below the level. The strong impulse will likely come from them. There are no other nearby levels that could halt the movement, with the closest one being at 221.118.
In such situations, you NEVER know WHEN the breakout will occur, but you can be confident that it will be powerful. However, I never forget that this is the crypto market, where anything can happen, which is why it's essential to trade with stop orders.
Signals for level breakout
bar closure near the level;
bar closure near its high/low;
close retest of the level;
accumulation of energy for level breakout;
no response to a false level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
the instrument is being held from falling/rising in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR.
Trade Parameters
Open : 21.79822;
Take profit :
21.47146;
21.36254;
21.25362;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
AVAX │ 12.10.2023BINANCE:AVAXUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
no response to a false level breakout.
Trade Parameters
Open : 9.23423;
Take profit :
9.05771;
8.99887;
8.94003;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
LUNA2 │ 03.10.2023BINANCE:LUNA2USDT.P
Signals for level breakout
Close retest of the level;
A good approach to the level
Bar closure near the level;
Bar closing near its high/low;
Decrease in trading volumes before the level;
Consolidation near the level;
Accumulation of energy for level breakout;
The instrument gradually approaches the level;
A clear zone beyond the level;
Trade Parameters
Open : 0.45280;
Take profit :
0.44526;
0.44274;
0.44023;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
BNB │ 03.10.2023BINANCE:BNBUSDT.P
Signals for level breakout
Close retest of the level;
A good approach to the level;
Consolidation near the level;
No response to a false level breakout;
The instrument gradually approaches the level;
Trade Parameters
Open : 213.05346;
Take profit :
211.90542;
211.52274;
211.14006;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
YGG │ 10.10.2023BINANCE:YGGUSDT.P
Signals for level breakout
bar closure near the level;
bar closure near its high/low;
close retest of the level;
accumulation of energy for level breakout;
consolidation near the level;
there is no reaction to a strong instrument movement;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.22697;
Take profit :
0.21910;
0.21647;
0.21384;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
XAUUSD: FOMC will drive the markets, A fake breakout tale!Hello traders,
A fake breakout out of trendline may happen!
FOMC meeting could devaluate this setup.
While There are more buyers in the market today. we expect a reversal from around 1945.00.
There is one entry and 2 TPs for the gold.
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Bulls and Bears zone for 09-20-2023Yesterday afternoon market recovered after selling off in the morning.
Today is Fed Day and volatility could be high in the afternoon as well.
Level to watch 4502 --- 4504
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US: Fed Chair Press Conference
2:30 PM ET
$FRONT/#BTC [#Frontier]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $FRONT / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001107 | 0.00001158 | 0.00001279 and the major support zones are at 0.00000986 | 0.00000916 | 0.00000795. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001189 ₿
▣ 24HVol: 6.807 ₿
▣ 24hChng: 5.877%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001107 | 0.00001158 | 0.00001279
◢ Support: 0.00000986 | 0.00000916 | 0.00000795
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth FRONTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -