BTC USD bullish pennant inside a rising broadening wedgeBullish pennant forming for continuation inside a big rising broadening wedge
If successful this pennant could take bitcoin to 102k as first stop before a second consolidation.
Right now trading the pennant, not the broadening pattern, which is still forming but could reach a target around 111k
Alltimehighs
Looking for a break and retest on Apple! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
NQ Power Range Report with FIB Ext - 7/11/2024 SessionCME_MINI:NQU2024
- PR High: 20899.00
- PR Low: 20880.50
- NZ Spread: 41.5
Key economic calendar events
08:30 | Initial Jobless Claims
- Core CPI (x3)
13:00 | 30-Year Bond Auction
ATH climb continues, holding prev session close
Evening Stats (As of 11:35 PM 7/10)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 234.83
- Volume: 17K
- Open Int: 273K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 7/8/2024 SessionCME_MINI:NQU2024
- PR High: 20618.00
- PR Low: 20581.25
- NZ Spread: 82.25
No key economic calendar event
Hanging below Friday's high
- Daily print showing strength in ATHs
Evening Stats (As of 10:45 PM 7/7)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 252.98
- Volume: 16K
- Open Int: 265K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/14/2024 SessionCME_MINI:NQM2024
- PR High: 19615.25
- PR Low: 19592.50
- NZ Spread: 50.75
Key economic calendar event
11:00 | Fed Monetary Policy Report
Maintaining value in Wed highs
- Holding inside prev session range
- Prev session advertising reversal back towards 19400
Evening Stats (As of 1:15 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 235.94
- Volume: 17K
- Open Int: 228K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19814
- Mid: 18675
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/13/2024 SessionCME_MINI:NQM2024
- PR High: 19602.75
- PR Low: 19585.50
- NZ Spread: 38.75
Key economic calendar events
08:30 | Initial Jobless Claims
- PPI
13:00 | 30-Year Bond Auction
Continuing to push ATH
- 330+ point inventory run from Tue high
- Inching value above prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 240.50
- Volume: 18K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -0.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19814
- Mid: 18675
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/7/2024 SessionCME_MINI:NQM2024
- PR High: 19081.25
- PR Low: 19058.25
- NZ Spread: 51.5
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
AMP temp margins increase for jobs numbers vol expectations
- Holding value near ATH inside prev session range
- Holding just above Wed high
Evening Stats (As of 2:15 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 238.15
- Volume: 17K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
In the KOG report on Sunday we gave the extension levels of 2365 and 2372 as bullish targets which as we can see we're extending in to and completed one of them. Yesterday we said unless we broke below the bias level we were likely to take liquidity from higher again, so put caution on the short trades. Again, the opportunity presented itself to long the market which we gladly took for a level to level red box trade adding to the other pairs that hit TP's making this one of the biggest Months so far in terms of completed targets and pip capture in Camelot. For that reason, we're going to take it easy now and wait for CPI unless a clean opportunity arises.
So, what now?
For the remainder of the session and the Asian session we have resistance now 2350-55 which if we manage to hold could give us the potential swing down into the support levels 2330 and below that our bias level 2320! Break above, and we have added a new level for everyone as the potential target region before another expected RIP. We've left the original chart illustration from Sunday's KOG Report as we did say there will be an extension of the move, so for now we'll stick with it unless anything changes tomorrow. Please remember, pre-event price action will entail choppy market movement and conflicting patterns as well as the potential small range forming. Please be cautious on your trading!
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Bitcoin Trends: Identifying Bullish and Bearish Signal.Hello Trading View Community,
From soaring to record highs to suddenly dropping over 10%, Bitcoin (BTC) has been full of surprises. Today, let's dive into this rollercoaster ride, exploring the twists and turns of Bitcoin's recent price movements and what might lie ahead.
Bear Divergence in RSI and Price Action 📉
Our journey starts with a notable bear divergence on BTC's daily chart. Here's the scene: Bitcoin prices reaching for the stars while the RSI, our trusty sidekick, decides it's not quite ready to leave the ground. This divergence signals a potential cooldown or reversal on the horizon, suggesting the latest rally might need to catch its breath.
What Does the Trend Say? 🔄
Rewind to October, when our trend-finding indicator flashed a bright Long signal, setting the stage for the rally that led to January's highs. This beacon was a trader's dream, but like all dreams, a wakeup call—marked by today's shift, as spotted by our dot plotter—suggests a moment of pause or a plot twist in Bitcoin's saga.
Plotting the Dots... 📍
Our dot plotter, straightforward yet insightful, has begun signaling a change in momentum, suggesting the party might be winding down. It's like the DJ switching from high-energy beats to a slow jam, hinting it's time to pay attention to the changing vibes.
EMA's to the Rescue? 🛡️
Zooming into the EMAs, we see Bitcoin comfortably above our 21 EMA (the one in pink), keeping the bullish spirit alive. However, it's a delicate balance; staying above this line could mean this is just another one of Bitcoin's famed quick corrections.
Wrapping It Up... 🎬
Considering the bear divergence in RSI and the signals from our custom indicators, a bit of caution could go a long way. The journey since October has been lucrative for those who followed the Long signals, but the road ahead seems uncertain. The convergence of our analysis suggests it might be time to brace for a potential short-term shift.
For enthusiasts hoping to see Bitcoin's ascent resume, the key is to stay vigilant with the charts in the coming days, with a keen eye on the weekly close. This current dip may very well be one of Bitcoin's classic corrections that prelude a continued upward trajectory. Yet, caution remains the word of the day.
As we navigate this uncertain terrain, the descent of Bitcoin will have us closely monitoring for a close below the 21 EMA, signaling a potential shift in strategy. A new Short signal could then emerge as our beacon, guiding our next moves in this ever-evolving saga of Bitcoin trading.
Thank you for joining me on this analysis. If you've found it helpful or entertaining, a "Like" or "Follow" would be much appreciated.
Trade wisely, and remember, these insights are here to aid your journey, not dictate it. These are just ideas, not trading advise...
NQ Power Range Report with FIB Ext - 3/4/2024 SessionCME_MINI:NQH2024
- PR High: 18365.75
- PR Low: 18327.75
- NZ Spread: 85.0
Key economic calendar events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISN Non-Manufacturing Prices
Small weekend, inside bar gap up, partially filled
- Low energy creep back to ATH
- Relatively strong daily momentum bar, long
- ATH 18372.75
Evening Stats (As of 12:15 AM)
- Weekend Gap: +0.08 (open > 18322)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 236.10
- Volume: 25K
- Open Int: 304K
- Trend Grade: Bull
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 2/9/2024 SessionCME_MINI:NQH2024
- PR High: 17871.25
- PR Low: 17851.75
- NZ Spread: 43.5
NO SIGNIFICANT EVENTS
Another low energy session start
- Continuing to lift ATH
- Maintaining prev RTH range
Evening Stats (As of 1:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 216.81
- Volume: 14K
- Open Int: 298K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 2/8/2024 SessionCME_MINI:NQH2024
- PR High: 17854.75
- PR Low: 17835.00
- NZ Spread: 44.25
No significant calendar events
Pushing the ATH
- Maintaining prev session highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 225.67
- Volume: 13K
- Open Int: 298K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 1/30/2024 SessionCME_MINI:NQH2024
- PR High: 17731.50
- PR Low: 17700.00
- NZ Spread: 70.5
Pushing back toward ATH 17794
- Strong supply run prev session
Key economic calendar events
10:00 | CB Consumer Confidence
- JOLTs Job Openings
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 212.83
- Volume: 25K
- Open Int: 299K
- Trend Grade: Bull
- From BA ATH: -0.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Can UBER breakthrough its all time high?UBER on the weekly chart has been touching the all time high
( set nearly two years ago ) since mid-December. The relative buying volume has had some
spikes. the MACD suggests a line cross above the histogram and so some bearish tendencies.
If UBER can get over its all-time high and retest it from above another leg higher seems to be a
very likely scenario as buyers jump into the action chasing the price. This will be especially true
if the general market gets some good trending up. This goes on the watch list with an alert for
a new all-time high.
NQ Power Range Report with FIB Ext - 1/22/2024 SessionCME_MINI:NQH2024
- PR High: 17524.75
- PR Low: 17440.75
- NZ Spread: 84.0
No significant calendar events
Pushing ATHs (QQQ - NDX)
- Back adjusted futures high Nov 2021
Evening Stats (As of 12:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 231.89
- Volume: 47K
- Open Int: 296K
- Trend Grade: Bull
- From BA ATH: -0.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Confirmed Wedge Breakout on FIL/USDT - Targets to ATH ~$125 Analysis 📈
FIL/USDT has been trading within a wedge pattern for some time, and it's just confirmed a breakout, indicating significant potential for gains. Here's a comprehensive analysis, along with potential take profit levels.
Technical Analysis 📊
1. Take Profit at $6:
The $6 level marks a key psychological resistance point. It's a good place to secure some profits as FIL/USDT continues to climb.
2. Take Profit at $10:
A common technical resistance point, $10 should be another milestone to consider locking in gains.
3. Take Profit at $15:
At $15, you're looking at a solid gain, and it might be wise to take some profits off the table here.
4. Swing Target at $22 (Golden Mean Ratio):
The Golden Mean Ratio, often a significant level in Fibonacci analysis, suggests a target of $22 for the first major impulse. This is a potential turning point.
5. Take Profit at $41 (78.6% Retracement Level):
The $41 level represents a 78.6% retracement, and many traders consider this level for profit-taking or reevaluation of their positions.
6. Take Profit at $60 (88.6% Retracement):
The $60 level is another critical retracement point and should be a focus for profit-taking.
7. All-Time Highs at $125:
This is the primary target - a return to all-time highs. A substantial resistance level, but if FIL/USDT can break through, it opens up the path to further gains.
8. Major 1.272 Fib Extension at ~$200-$230:
This is where the potential for significant long-term gains lies. A sustained move above $125 could lead to a run-up towards the 1.272 Fibonacci extension, estimated to be in the range of $200-$230.
Conclusion 🚀
FIL/USDT has confirmed a wedge breakout, and the path ahead appears promising. Consider taking profits at the mentioned levels, but also keep a close eye on the price action and adjust your strategy as the market evolves.
Remember, cryptocurrency markets can be highly volatile, so make sure to set stop-loss orders and only invest what you can afford to lose. Always do your research and consider risk management in your trading strategy.
Keep a close watch on FIL/USDT as it attempts to breach the $125 level and aim for those ambitious long-term targets. Happy trading!
This is not financial advice; always perform your analysis and consult with a financial advisor before making trading decisions.
NQ Power Range Report with FIB Ext - 11/22/2021 SessionContract - CME_MINI:NQZ2021
- PR High: 16619.00
- PR Low: 16587.75
Evening Stats
- Gap: = +0.07%
- Session Open ATR: 186.88
- Volume: 21k
- Open Int: 252k
- Trend Grade: Long
- From ATH: 0% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 16677
- Mid: 16391
- Short: 16105
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
RBLX ATH Break Long Entry Weekly Options Play.Description
RBLX had an unexpected earnings beat and gapped up ~30% AH. A break and hold over 100.68 will mean supply is exhausted and trigger a long.
A close > 100.68 triggers a long.
Using Call Debit Spread, because profit is always limited by time.
Will look to enter at EOD.
Call Debit Spread
Tentative Levels on Chart
SL is a daily close < 100.68.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/26 110C
SELL
11/26 125C
R/R & Break-evens vary on fill.
Long Call is placed at 110 for reasonable debit on position.
Short Call is placed at highest strike expiring EOM.
Manage Risk
Only invest what you are willing to lose
NQ Power Range Report with FIB Ext - 11/3/2021 SessionContract - CME_MINI:NQZ2021
- PR High: 15958.50
- PR Low: 15941.00
Evening Stats
- Gap: = N/A
- Session Open ATR: 198.70
- Volume: 12k
- Open Int: 253k
- Trend Grade: Long
- From ATH: 0% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 16105
- Mid: 15819
- Short: 15247
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.