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Trendanalyisis

SPX: Persistent Bear Trend.• SPX is in a bearish trend as it has triggered a bearish pivot point at 4,060, making a lower high/low, and is below the 21 ema; • Now, the 21 ema and 4,060 are resistance levels. However, talking short term, the 4,015 (red line) is doing a competent job holding the price; • Therefore, there are many resistance levels on the SPX, and it will not be easy for it to reverse the bearish sentiment; • If he loses the 3,949 support, the next stop would be the 3,885; • So far, the index is bearish, and there is no clear bottom signal on it yet. I will keep you updated on this. Remember to follow me to keep in touch with my daily analysis!
SP:SPX
by Nathan_The_Finance_Hydra
USDJPY : SHORT PULL BACK?USDJPY broke structure on the 4HR Time- frame. Right now, it retesting a resistance level which might signify a pull back before it continues it's journey up. On the flip side, it could just break through the resistance without a pull back and keep going up! I think It's all dependent on what happens in the triangle it's in now. If it breaks through to the upside, then it most likely will keep on going without a pullback, and vice versa. Trading is a risky venture, do not take this as trading advice, make your own personal research as well! 💯
by pelumiajilore63
SQQQ on Bullish Signal Uptrend - Potential Recession is Coming SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as stop loss position which approximately 8.03% of risk. This would possibly on strong upward trend while potentially NASDAQ would be on bearish trend. Most likely " Recession is Coming" ... On the other hand, take a look on another chart regarding QQQ ETF which tracking on NASDAQ-100 Index: Based on my humble analysis, we can see NASDAQ-100 index had formed "Head and Shoulders" pattern. Yesterday the chart just on the breakout support level position with high selling volume of transactions. This mean it is high possibility that NASDAQ might go into "free fall". Thus, might be a good opportunity to trade SQQQ with manageable risk now (if practice stop loss of 8% from yesterday closing price - 50.24 USD) “Past performance does not guarantee future performance. This is for just my personal opinion but not trading advise.”
NASDAQ:SQQQLong
by samleecomp
5
TSLA: About to Continue the Bullish Rally.• Since TSLA did its top sign last week, it lost the $200 support and it has been correcting; • For now, there’s no meaningful bullish reaction indicating that this pullback is over; • In order to completely reject last week’s top sign (Evening Star Doji), TSLA must break $214, the Star’s high; • The next technical support is at $182, and TSLA still could get there, if we don’t see a clear bullish reaction first; • The $200, our previous support, is a possible resistance now. If TSLA breaks it this week, we might see a promising bullish reaction ahead; • I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
6
SPX: A Pullback in a Bull Trend.• The SPX is correcting today, however, it is still above the 4,100, indicating some strength; • If the index drops more, and loses yesterday’s low, we might see a sharper correction. Probably the SPX would lose the 21 ema in this scenario; • For now, it seems the bulls are in control, despite the pullback. As long as the index remains above the 4,100 / 21 ema, the gap at 4,218 is still our target; • The index is correcting, but there’s no clear bearish reversal structure on it yet pointing to a real reversal. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
TESLA: Buy the dip Strategy in short-medium termHi everyone! At the moment the Tesla's main trend is bearish, but at the same time, if we look at intraday charts, such as 1h time frame, we see a clear bearish structure (12345) under development. After its completion we expect an important technical rebound which should push the price into the $140 area. From next week we will go looking for wave 5 level and start taking long positions. 💖 Support our idea with your Like & Comment, thank you! 💖
NASDAQ:TSLALong
by TheAnonymousBanker
8
Emerged of Buying Interest!The candlestick indicates a significant price movement where the price closed above the MA line backed by high volumes due to fresh buying interest on the stock. The MACD indicates a divergence signal, hence, confirming the price movement to the next price resistance. The RSI is in positive momentum due to emerged of buying interest on the stock. Let's save XINHWA in the WL and watch out for significant price movement backed with volume toward the next price resistance. R 0.275, 0.300 S 0.240
MYX:XINHWALong
by eskopitehmilo
TSLA: Fantastic Reaction. 👍• TSLA is doing an important reaction, as it is trying to reject the Dark Cloud Cover candlestick pattern, our top sign from Monday; • This top sign wasn’t completely rejected yet, but even if TSLA resumes the drop, there are many support levels to hold the price; • The first support is the $154, then the gap area around $146. What’s more, there is the 21 ema, which is ascending right now; • A pullback to any of these support levels could be an opportunity to buy at a cheaper price; • The key resistance is the $182.50. If TSLA breaks the $182.50, then our next resistance level is the $200; • I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
5
A Strong Uptrend Pattern!The daily and weekly candlesticks indicate a positive trend. Hence, a strong uptrend pattern backed by large volume confirms the uptrend movement towards the price resistance R1. MACD indicates a positive outlook, hence, confirming the price uptrend. Precaution for a price correction between 5%-10% from the recent price with a minimum volume being transacted. Let's save EKOVEST in WL and watch out for significant price movement after the price correction towards R2. R 0.435, 0.490 S 0.365
MYX:EKOVESTLong
by eskopitehmilo
Cardano bullish targetHey trader! This analysis is based on a bullish result on Cardano. Behind the price is a strong bullish trend which is also indicated with a trend line. It is also seen that this strong trend has created some relevant support levels at 0.3631 , & 0.3262 . The trend progresses with some peaks followed by pullbacks. This development shows that the price is between a support level ( 0.3631 ) and a resistance level ( 0.3807 ). This indicates a so-called "calm before the storm", as it is an opportunity for the price to break the resistance level and create a new support. This development will mean that the price can possibly follow the bullish trend up to the target at 0.4544 and create a nice return of as much as 21.13% . I hope this analysis was instructive and that it can be used for further consideration of Cardano.
Long
by Aksel_Rom
Cardano bullish triangleHey trader! This analysis reviews a bullish breakout for the price of Cardano. Cardano has recently experienced a bearish trend since the all-time high at 3.1059 . However, a triangle formation has emerged which may indicate that the price will rise despite the recent move. The triangle is pointing a lot upwards and with other tools like Fibonacci it can be estimated that the price has the potential to rise to new highs, potentially to the resistance level at 0.5118 , as there are e.g. there are also some support levels at 0.2436 , 0.3043 , 0.3224 , which makes the price potential for a strong development. I hope this analysis was instructive and that it can be used for further consideration of the direction Cardano should take in the future.
Long
by Aksel_Rom
1
USDJPY | A Pullback Before The Sell-offThis analysis is based on the fact I'm a trend follower. The setup of this pair is as simple as it can get. The first thing to notice is the ease of identifying the price in a downtrend. Secondly, the estimation zone can easily be plotted. Finally, there is no confusion about what price is done on the weekly or daily timeframe. This is what I love about the potential of placing a pending order(sell limit) on this pair. I'm aware that I am waiting for a pullback up to 131.829. The range price can push into is between 131.829 as high as 134.773. At 131.829 I am fighting for the best price. My stop loss will be 134.773, and my take profit will be low from where the price will pullback. I don't see evidence of a pullback right now, so I'll wait to confirm my take-profit price. Assuming price may pullback from here my risk to reward on this trade idea is 1.64. However, this is what a simple technical analysis looks like. At least, for my sake. What is your take on this pair? I'd love to view your take on this currency pair. 😍 *These are my personal views. Please trade your views at your own risk.
Short
by ShaquanLopez
6
USDJPY Long Term Predictions (4H Chart)Technical Analysis Summary ETH/USDT TREND ANALYSIS We have 1 Downtrend in red color (Long Term). We have 1 Uptrend in green color Internal Trend (Short Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham