If the channel structure we have drawn in the chart works, a great goal will be achieved.
XBI, the S&Ps Biotech ETF has been ranging nicely just below a major pivot that has acted as resistance for over two years. Bounced off the 20 EMA on the daily and made a beautiful candle on Friday. Anything that happens below $95 must be taken with a grain of salt, but it looks like it wants to breakout and flip that resistance pivot to support.
RBLX has been beatdown relentlessly since the covid top. Now down $100 from the peak, has been trying to break past $48 since October 2022. Now touch the pivot 5 times since then, and with 2 quarters in a row of positive earnings, it's looking increasingly likely it will happen. Made a PEG last earnings, and is now sitting above the major EMAs. Not the best name...
Hello again dear traders In GRT currency, we can enter a scalp position or short term for shorts Profit and loss limits are specified in the chart Don't forget the free risk or the profit No one places positions in Trading View, only JAWAD does this for you I hope it will be useful Thank you for your support
NET on the 15-minute chart demonstrates the swing-long trades of this past week. 5-6 entries and 3-4 exits- accumulating a few shares at a time and closing only one at a time to gradually average up. The setup is explained in the chart textboxes. Using TV indicators for line crossing alerts to minimize the effort of time. Trade is still open and following the...
Goodmorning guys after a 2 month lay off with dealing with 'life' things.. we are officialy back. In some ways i feel that it was very much needed to clear the mind of being so obssessed with crypto trading but im at a point now where its just what i love to do in my spare time. SO! each morning i will be up analysising the charts with you guys and occasionally of...
PATH is currently pushing into the $26.50 pivot. It broke once but was immediately rejected. The 50 EMA has been acting as support, and this looks like it will only be a matter of time before it breaks out to new highs.
SMA reported today with about a 2% drop - while traders responded with a 8% drop. Everybody especially auto mechanics love their stuff. So were they looking for more? It is hard to say. Idea is on the chart. I am looking for a recovery in a reversion to the mean. It looks like it's underway. For those familiar with volume profile analysis and trading the best...
BANK is tracking bank stocks within the NASDAQ. I cannot find if it is market cap weighted or instead an unweighted composite I wanted to check this out to see if the banking sector might reverse and perhaps have some trade candidates based on relative strength or even rising trading volumes. On the 15 chart, BANK's price is in a descending channel or...
HUT is a volatile small cap in the crypto sector. It has earnings in five weeks and so has plenty of time for a run to the report. On the daily chart, it finds itself in a descending falling more or less parallel channel and testing the lower support trendline of that channel. The last trend down took about six weeks. A Fibonacci 50% retracement would take...
Hello guys, I hope you are doing well. You can see the gold chart in the 1-hour time frame. At the moment, there is no particular movement because it is the Chinese New Year. For now, we are witnessing a low volatility market in the mornings for ten days. This previous high is still maintained, which is now a resistance level that prevents the price from...
Hi all! We still haven't seen new highs from gold, and it looks like the bulls are running out of strength. Most of the long positions were closed, but no other long positions were opened. In the near future, the support level of 2001.90 (minimum January 17) will be tested. I can’t say yet, but there is a high probability that this level will be broken and then...
If BTC can confirm some dailys in this range my dead cat bounce theory will have been disproven. I will be the first to say that I am not always right, and trading/investing relies on validation or invalidation, we are still in the bull trap zone. My bags have been packed so I will be happy either way.
Hello Everyone, We're observing robust resistance at the 1M mark of 17996.422 for NAS100, suggesting potential fluctuations ahead. However, it's crucial to note that the overall trend continues to favor bullish sentiment. TradeWithTheTrend3344
Hello Everyone, The S&P 500 is showing impressive performance with adjusted supports, indicating further potential for upside. We're approaching a significant monthly resistance point at 4998.266. It's noteworthy that we've recently reached another all-time high at 5003.22! TradeWithTheTrend3344
Hello Everyone, Although LTC/USD has been advancing at a slower pace than anticipated, the overall forecast remains unchanged, maintaining a bullish outlook. TradeWithTheTrend3344
Hello Everyone, The outlook for BCH/USD appears quite promising at this stage, with further upward potential anticipated. TradeWithTheTrend3344
Hello Everyone, Approaching stronger resistance levels on the monthly and yearly time frames for ETH/USD warrants caution. However, the overall projection remains bullish. Should the price successfully surpass monthly resistance levels, it will unlock a new trading territory for Ethereum. TradeWithTheTrend3344