PAY YOUR PAL - WITH GAINS? EARNINGS CHART & TRENDSI could see it playing out something like the ghost feed, but idk yet.
Watch the trends, watch the breakout from that strong resistance, look for a rejection coming from that strong resistance. This is a great long position, especially should we see that 45 mark.
Not much else to explain.
Trends
AMD BULLISH spaceship is getting ready to flyI worked out all the math behind the flight path of the bullish spaceship. I'd imagine maybe this?
Space ship math is hard. idk.
Like short term wise, we probably will definitely most likely pretty much see 113.36 (better say 112 to be safe)
Very bullish short term climb with potential to spring up to 119-126.
This is a short term chart, but should cover a lot of the possible movement. I trade on trends, so I'll be looking for more short term support to build to allow this to continue climbing. Once that trends starts to break, I'll be looking for an exit and a potential short entry.
Very bullish on AMD.
Also. VERY bullish on Tesla
BUT WHICH DIRECTION IS THE TREND HEADED?It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox..
Here's the quickest, easiest down-n-dirry method for getting closer to an answer.
If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the progression, then you'll likely notice either a "U" shape or an "n" shape (not everywhere, but at least one prominent one per section/timescale). You'll know if when you see it. Keep practicing and don't force it.
The U Shape can be reliably trusted to identify a Bullish trend, whilst the n Shape does the same when there's blood about.
Sound silly, right..
But it works.
And now you know..
Weekly BTC Log-Chart (Perspective)CRYPTOCAP:BTC | #BTC
Weekly Log-chart gives some perspective.
We are still below long-term trend line, and beginning to reach extreme overbought levels on the weekly RSI; doesn't mean we can't continue to power higher but expect some volatility ahead from current price levels.
USOil - Testing New HH - 79.22
USOIL is at a strong support level and this is ready for a good Bullish move. After a big jump with the news earlier today - looking for more moves in the NY session. Definitely be patient and wait for that right entry. Entry I will possibly be taking is around, 78.66 - Looking for the candle to close above that area. Also we are in consolidation right now, and we also have could go further down as well if it closes low at 77.67 but candles will have to close below and wait for that full confirmation of it pushing down. That is why we are being patient and allowing the market to do what it needs to do for the right setup. TVC:USOIL
FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX.
After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed.
Now the price is between this 2 accumulation zones(buffer zone) for 3 months already.
After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart.
Above the chart each period is described. Below - what happened at each point of a new cycle.
Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%.
This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case.
So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)?
Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)?
By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
I SPY CHART - TRENDS Sharing my chart for SPY for this week.
This is nothing more than a preliminary trading plan that prepares me for movement in both directions.
TBH, I'm not totally sure how it plays out yet, it's one of those moments where you have to keep reanalyzing in real time to adjust prices and trends.
I can say with some certainty that there is a pretty good price drop coming, and I think I've identified the trend that will cause it (hot pink). I would watch for a trend break on that trend.
If it played out like this, it wouldn't surprise me, but obviously, I would rely more on the trends and price targets vs the arrow path.
Good luck!
Honestly, if you miss a short entry on a steep drop, instead of jumping in way too late, consider a 3x leveraged ticker and buy in the bullish direction. Realize your profits, and you'll make just as much. LONG TERM is favored for bulls until some major trends break or WW3 starts. I have other charts that cover those projections.
AUDUSD: Thoughts and Analysis pre-RBA Today's focus: AUDUSD
Pattern – Range /Distribution?
Support – .6287
Resistance – .6520
Hi, and thanks for checking out today's update. Today, we are looking at the AUDUSD on the daily chart.
Today, we have run over the AUDUSD as price continues to test resistance after Friday's fantastic rally after US employment data sunk the USD.
Technically price looks good. We have run over price action we want to see to show a continuation in the AUDUSD. Two factors are the USD strength and the RBA rate decision. Rates are expected to rise tomorrow, but will this be it, or will the door be left open? The USD momentum change is another key. If this trend continues, we will look for the AUDUSD to contnue its current trend. We do want to see a new higher low to show a solid trend structure.
Good trading.
GROV - IF you want a "Squeeze candidate" try this one. There is some serious potential here on this stock. After such a big drop, those short positions are going to close, which will end up springing the price upwards. There is potential for a big short term run-up on this stock.
Price targets are marked.
Relevant trends are marked.
This trade won't be for those not okay with massive risk!!
The lowest price target I currently see is marked in red. Imo, this price target will ultimately spring the price higher in the end, and you can probably buy that dip with some confidence in some kind of bullish price action to come and cover losses.
Ultimately, we could very well see a situation like this play out. This line won't be very accurate overall, please follow the actual chart and indicators, however, this movement projects to be quick, but it's hard to tell. If the trends are projected accurately, it times the crash to mid-late Jan, and it times the run-up into starting next week.
If I was trading, I'd pay close attention to that 3.83 mark, with potential to keep going up to like 5.8 or so..
$SOLUSDT - x2 and it should be an intermediate milestoneBYBIT:SOLUSDT is ready to show 200 and more percent in the 2-6 weeks.
Good potential, aligned with the Bitcoin dominance sharing and positive moods of investors.
Further steps depends on the Bitcoin behavior, but aware of the final result - goal is 39 opposite 19-24.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
BTC weekly upward breakBTC has been consolidating above BBLine on the weekly chart. The narrowing band during the process indicates energy being stored.
Now the price broke the top band with momentum. This signals the start of a bullish move. Any retracement to the center BBLine is a good place to add positions.
SPOT EARNINGS CHART - SPOTIFY TRENDS SPOT chart for earnings. IMO, it probably see a rejection around 152ish and then drops down to buy zone 1. After buy zone 1, the return takes it back around 142-147.
Due to the nature of earnings, we could potentially see the drop to 126 all within the AH
Earnings potentially takes it down all the way to 102.
It's hard to say that earnings pumps, and the reason for that is due to the tech sector. Most tech stocks heading into earnings look like a small pump, followed by a decent sized retracement.
Potentially this, it would allow for some great movements, and trade setups.
Total index analysis Crypto Total 2 has broken down the upward channel and has tested the supportbelow it, now we can see this weekly candel is now open and heading upward. besides that we can see an obvious RD + in MACD and MFI. and Elon Musk just tweeted again! so in my opinion we are about to see a pullback to the broken channel and after that we have to see if there is any sign of getting back to the uptrend or that is just a technical pull back and we have to get ready for a massive dump and a long bear market for crypto market .
im bearish until i see areal good sign here. the first target for the market total is retesting 2017 high.
comment your opinions down below:)
ET (ARE ALIENS REAL?) trends chart ET randomly came up on my radar. And yes.
I decided to look at the chart, and it looks like it's about to experience a break out pump, but I don't see the pump really being too significant overall. I'm not so sure it makes it past $15, but maybe.
HOWEVER, there are two things to note, one is the biggest green trend line. THAT IS STRONG. There is a high probability that buying off that big trend will result in a bounce and quick profit. How long it takes to get to that trend is the question. It could be awhile, but it doesn't have to be.
Here is the cool thing, because this stock looks to be maxing out, and seems to be nearing the top, it might be a good play short. Essentially, we pretty much know where it's going, we know it's breaking out on the short term, we're pretty confident there will be resistance at 14-15 with a max of 16-18, we can setup a trade play with this info as it gives us an above average chance of being profitable in multiple directions.
Example, you'll potentially see multiple bounces off the line with some well defined resistance, meaning you can trade both directions. Once that green trend breaks, as noted by the huge downward line, you'll likely see a BIG drop to the downside. When price touches the bottom side of that trend, there is a good probability the short position will be profitable.
LIFW is a stock to watch this weekInteresting setup here, as we have support, setup in an area that can easily lead to a big gain. The Weekly RSI just crossed up. The daily RSI is overvalued, but still pumping. This suggests that we might see a final push as those last big holders exit, before another huge drop.
That green bullish trend line is likely going to be the buy/sell line. If that holds up on your trading timeline, I'd consider a trade entry. After the break of that trend, you'll likely see a bounce off one of the green lines, with a return to the bottom side of the trend.
IT is at that point, upon conformation of price action, that we will favor the bearish position until a new bullish trend is picked up. Until a break of the green trend line, favor bullish positions. NASDAQ:LIFW
Personally, I could see the stock breaking downward in the short term, and bouncing somewhere around that .17 area, and which would setup a nice bounce back to the bottom side trend. I'm not totally sure about this yet, as I can't quite see the move developing yet. Be prepared to trade in 2 directions as it could move either way.
Big potential on the upside to double, and bigger potential due to recent volume. However, there is definitely going to be a big drop from that bearish trend line, it's quite strong. I'd exit immediately and reset positions upon hitting that line. You might miss a small percentage, but it's a solid exit point to limit emotion trading and securing profits.
BTC price possibilities to halving.BTC price targets and trends until halving.
1 of 3 ways with a max top indicated by the light blue.
Low - 17000 to 19800
Mid - hovering 29000 to 32000
High - 38000 to 42000
Possible top - 62000 +/- 5000
Could possibly get stuck in the 51000 to 60000 range as well.
Very possible to see a retest of this breakout to the 25000 zones.
Key supports if things turn down are - 29000 to 26000 / 25000 to 22000 /19000 to 17000
(DXY) collapse of the US dollar?DXY is at a critical point right now at the end of May, The fact the United States is continuing to print cash non-stop and the fact our economy is slowly dying due to Cov-19, I believe the DXY is about to go on a harsh downtrend and maybe even revisit 2008 lows drastically affecting the strength of the USD and the economy as a whole. For sure gold and silver will be the safest bets for this upcoming crisis but how would Stocks and Crypto be affected by the result of the US dollar becoming weaker, and how can an average investor profit off this major event?
(Everything down below are for educational purposes only nothing i say is financial advice)
Stocks:
Overall most stocks will have a-lot of selling pressure and will most likely will continue to bleed intill the economy recovers
Gold and Silver:
Simple, When the dollar gets weaker gold and silver goes up thats why i its smart to have a good amount of savings into silver and gold assets so that you can maintain and grow your wealth during a crisis.
Cryptocurrency:
This is where a-lot of investors are divided and disagree about the future of Cryptocurrency. One half believe's that its the future and the market has huge potential while the other half believe's that most Cryptocurrency's are scams/Ponzi schemes and its not a real asset. in my opinion if the DXY does continue to go on a downtrend it will cause more buying pressure for Cryptocurrency's because of the fact nobody smart wants to hold cash if the value is decreasing rapidly over time. If your skeptical about Cryptocurrency 's I highly recommend you do research on both sides and then make your decision about the matter instead of just closing a blind eye too it.