EURUSD potential upside move EURUSD is setting its self up in the same way US30 is, they’ve both seen consolidation after a sell off.
Technical : EURUSD is having its 3 EMA cross over its 10 EMA to the upside while at the same time the Stochastic is crossing the 50-80% mark to the upside as well. Price action has also tested the Top trendline, possibly setting up for a break out. Waiting for candle closes is going to be KEY to confirm a crossover on the stochastic and EMAs
Emacrossover
US30 Pushing UpUS30 has been in a area of consolidation for the past week and a half after having a large sell off for the previous two weeks.
Technical : On US30 we're seeing the 3 EMA cross the 10 EMA upwards while at the same time the Stochastic is pointing up while crossing the 50%-80% mark. Price action is also making its way to the upper Trendline which has 3 previous touches, possibly setting up for a break out. It is KEY to wait for the candle to close when getting a cross over of the EMAs and Stochastic because its always possible that it just bounces instead of completing the cross over.
More downside for XPTUSD (Platinum)XTPUSD has been rallying ever since it broke out of its two week sell off a couple days ago but there are now signs showing that the upward momentum could be coming to a end.
Technical : The 3 EMA is crossing over the 10 EMA to the downside while at the same time the Stochastic is crossing the 50% mark to the downside as well. These Bearish confluences are happening while we are nearing the bottom Trendline, making a breakdown higher probability. Target a 1-1.5% move down from your entry/break
EMA cross over + Break of trendline and Stochastic heading downThe 3 EMA and the 10 EMA have crossed over one another heading down while at the same time price action on XAUUSD is trying to break the bottom Trendline. Stochastic is also making its way past the 50% mark and is heading downwards.
Target a 0.5-1% down from the break of the trendline or from your entry point.
KASPA (KAS/USDT) Soars to New HeightsTechnical Analysis:
KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors.
1. Fair Value Gap (FVG) and Price Rebound:
KASPA's journey through the market has recently brought it to an important Fair Value Gap (FVG) area. This FVG, often seen as a critical juncture in price action, was met with a robust response as the price rebounded from it. This rebound is not just a random fluctuation but a strong indicator of underlying market confidence and investor interest.
2. Daily Exponential Moving Average (EMA) Cross:
Coinciding with the rebound from the FVG, a daily EMA cross has been confirmed. This is a significant technical event, as Daily EMA crosses are often used to identify potential trend reversals or confirmations. In KASPA's case, this Daily EMA cross suggests a strengthening of the bullish trend, adding more credibility to the ongoing upward movement.
3. Breaching the All-Time High (ATH):
Adding to the bullish sentiment, KASPA has, for the first time, broken past its All-Time High (ATH). This breach is not just a milestone but also a testament to the growing trust and optimism among investors regarding KASPA's future.
Fibonacci Extension Targets:
Utilizing the Fibonacci extension tool, we can project potential future price targets for KASPA. The calculated targets are as follows:
First Target @1.618 Fibonacci Level: 0.324933
Second Target @2.618 Fibonacci Level: 0.467368
Third Target @3.618 Fibonacci Level: 0.612101
Fourth Target @4.236 Fibonacci Level: 0.699502
These targets provide a roadmap for where KASPA's price could head next, assuming the continuation of the current trend and market dynamics.
Fundamentals Analysis:
In the last 30 days, KASPA has not only made waves in the technical charts but also strengthened its fundamental position.
Recent Developments and Partnerships:
KASPA has recently announced several key partnerships, further integrating its technology into broader applications. These partnerships, focusing on areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), are crucial for expanding KASPA's ecosystem and increasing its utility.
Community and Developer Engagement:
The project has seen a surge in community involvement and developer activity. The introduction of new tools and platforms for developers, along with community-driven initiatives, has fostered a more robust and active ecosystem. This increase in engagement is a positive sign, indicating a growing and dedicated user base.
Regulatory Compliance and Security Measures:
KASPA has also been proactive in ensuring regulatory compliance, a key factor in sustaining long-term growth. The team has taken steps to adhere to evolving global regulations, enhancing investor confidence. Additionally, security measures have been strengthened to protect against potential threats and vulnerabilities.
Market Sentiment and Investor Interest:
The overall market sentiment towards KASPA remains positive. Increasing investor interest, as evidenced by social media activity and cryptocurrency forums, suggests a bullish outlook. This sentiment is bolstered by KASPA's consistent performance and strategic initiatives aimed at long-term growth.
In conclusion, KASPA's technical and fundamental analysis paints a picture of a cryptocurrency with strong potential, backed by a robust ecosystem and growing investor confidence. The synergy of technical strengths and solid fundamentals positions KASPA favorably for future growth. However, as with any investment, market dynamics and external factors could influence its trajectory.
Avalanche(AVAX): Waiting For Breakdown! We are monitoring AVAX coin here after seeing a nice rejection take place.
Long story short, we are looking for a breakdown of that 100EMA zone, which is also acting as a smaller support zone for now.
Upon breaking this zone, we might see a nice fall of almost 35% take place, so definitely keep an eye on this one!
Swallow Team
Litecoin(LTC): Full Breakdown or Not?LTC has caught our attention here with two possible scenarios.
First one: Wait for breakdown to happen from trend and let bears secure it. From there, we might get a nice opportunity to short this coin!
Second one: Wait for the price to reach upper resistance and see how the market price will react to this zone; potential weakness might be shown there!
Which one are you waiting for the most?
Swallow Team
Chainlink(LINK): Getting Ready For Another Rejection?LINK coin is another one that caught our attention with a great possibility of downward movement here!
We see that upon reaching that upper line of BB, we are getting rejected multiple times and now we are seeing that last time we had reaction, we had a really nice attempt to move further but we got stopped by 100EMA
We are looking here for a good rejection to happen (another one), and once we get it, we will be looking for a short here!
Swallow Team
Bitcoin(BTC): ETF Is Live = As We Told No Pump!!Upon ETF life price of BTC has had an amazing drop where sellers (Bears) took over that
FWB:48K zone which led price back to as low as FWB:46K
zone.
Currently, we are going to see most likely a test of $45K zone, depending on where we are going to look for a potential breakdown!
As ETF is now live, nothing changes—we still trade, we still short this one.
So waiting for the $45K zone and entering inside that tunnel we have there from here, we want a steep downward movement to start! - Let's see
Swallow Team
Theta(THETA): EMAs Are Holding The Price!Theta has reached the zone of EMAs, which is holding the price back, or is it?
We have displayed here the major resistance and support zones and two possible scenarios to happen upon breaking out or breaking down from those EMAs.
What do you think? Which way will we go?
Swallow Team
Bitcoin(BTC): Time To Short / NOW or NeverOn the fourth day, we see another attempt towards that upper resistance zone.
Never the less, we also sense demand in correction, where with every smaller push we are having, it is just not enough for a breakout of such a big resistance.
As you know, we have already opened a position on BTC Short, so the gameplan is still the same. We might see very sweet gains sooner or later. FVGs are waiting to be filled.
Swallow Team
TSLA's Fight the Falling Resistance 🧠 Rejection or BreakoutDear Esteemed Members,
TSLA is mostly bearish within the resistance of the red triangle. As long as it remains below the trendline, bears can enjoy better risk-reward ratios. Some traders wait out the price's rejection at the falling line to open their short positions. Others wait for a confirmed breakout through the resistance to open a long position. Now, both sides have a significant chance because the pattern is usually bearish, but TSLA reclaimed the EMAs in a convincing manner. I've got a short, but I opened it above the resistance. So, I can close it in profit at the resistance. I wouldn't open a new short until I see the price action around the trendline. The white arrows mark the scenarios I mentioned. I also placed two positions on the chart that one could make depending on TSLA's behavior around the falling level.
Disclaimer:
It's not an investment advice. My analytics serve only entertainment purposes. Do your research. Historic results don't guarantee future outcomes.
Kind regards,
Ely
That hasn't happened for a long time.Hi.
Of course there will be some sort of technical rollback soon, it will take a year or so.
But, most importantly there is a super bullish quick signal for The 10-Year Treasury Yield.
It has happened now, this month, for the first time since 1986.
Obviously there is a long cycle of rising 10-year yields ahead of us.
Good article in Forbes from a month ago.
I recommend it to novice traders who want
to understand the impact of US10Y returns on the market.
Lost 50-Day EMA & Anchored VWAP as well.We closed the day with heavy volume and also below the two most important things (50 EMA on daily and Anchored VWAP)
If we don't close above these two things tomorrow, then there is lot of downside to come.
The problem is this is a very strong seasonal period. so there will be a lot of chop.
Tomorrow FED CHAIR POWEL is going to speak so we will have to see how the markets digest his speech.
Be very careful especially tomorrow.
CHOLAMANDALAM INV near Breakout levelsThe stock is forming an ascending triangle pattern backed by price rising on the 20 EMA. After the golden crossover of 20/200 EMA the price seems to be headed upwards and can prove to be a potential winner if the trend continues. The current price is near new breakout levels as it surpassed previous highs recently.
This stock is also showing a good RS vis-à-vis Nifty 50 Index which shows it is a outperformer.
📅📈4-Year Bull Cycle and the 100 SMA Connection 🔄📅 The 4-Year Bull Cycle: Many seasoned crypto traders are familiar with the concept of the 4-year bull cycle, which appears to be a recurring phenomenon in the world of cryptocurrencies. Historically, it's been observed that approximately every four years, Bitcoin experiences a significant surge in value.
📉 The Dip Before the Leap: Interestingly, before each of these major bull runs, there's often a notable dip in the price of Bitcoin. It's during these dips that we see Bitcoin briefly dropping below the 100 SMA (Simple Moving Average) on the charts.
🚀 Setting the Stage: The dip below the 100 SMA seems to serve as a setup for the next bullish wave. It's as if Bitcoin takes a brief breather, shakes off weaker hands, and then prepares for its ascent.
📈 Past as Prologue: While history doesn't guarantee future outcomes, this pattern reminds us of the cyclical nature of the crypto market. It's not uncommon to see Bitcoin drop below the 100 SMA, only to rally to new heights shortly afterward.
🔍 Key Takeaway: Keep an eye on the 100 SMA, but remember that it's just one piece of the puzzle. Crypto markets are influenced by a multitude of factors, and no single indicator can predict the future with absolute certainty.
💡 Stay Informed and Adaptable: As crypto enthusiasts, our strength lies in staying informed, adaptable, and open to various perspectives. While historical patterns can provide valuable insights, they should be considered alongside other indicators and analysis.
🔄 The Cycle Continues: Whether you're a seasoned trader or a crypto newcomer, understanding the patterns and rhythms of the market can be empowering. The 4-year bull cycle and its dance with the 100 SMA are just part of the ongoing saga of crypto.
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EMA Essentials - How It Works for TradersThe Moving Average (MA) is a widely used tool in various markets. In simple words, Moving Averages (MA) are extra lines on the price chart of an asset. They look similar to the price chart but appear slightly delayed and smoother, without the ups and downs.
Moving Averages in Crypto.
Crypto and Moving Averages
In the world of cryptocurrency, we pay close attention to a couple of key patterns: the golden cross and when prices touch the 200 EMA.
The first pattern points to market volatility, while the second one often signals the presence of robust potential support and buying opportunities.
What's the difference between moving averages?
There are a few structures of it:
Moving Average
Exponential Moving Average
Weighted Moving Average
What about the strategies of EMA?
Moving averages make a visible entry, you understand where big players can make deals. In that meaning, you can buy if the price goes above the average and sell when it drops below.
Choosing between Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs) can be tricky. EMAs react faster to current market moves, giving early signals but sometimes false ones.
If you want to beat the market, remember, it's tougher than basic timing strategies. In a good situation, many strategies work because things are positive. But when times get tough, lots of strategies can't prevent losses.
In trading, folks often talk about the "golden cross" (good times ahead) and the "death cross" (not-so-good times). These terms are all about how different moving averages work. People usually watch the 50-day and 200-day MAs. When the 50-day goes above the 200-day, it's called a "golden cross," which is a good sign for trading. But if the 50-day goes below the 200-day, it's a "death cross," indicating a not-so-great time for trading.
I also want to mention the "pull in" pattern. This occurs when the EMA lags behind the price, which can be advantageous for your trade.
In conclusion
What is the most important thing about working with this feature?
Integration with pattern and trading chart patterns
Use it as confirmation for entry points.
Collect data on previous retracements, sometimes new formations appear on the market, which have a new logic.
What are some formations to watch?
Breakout, Breakout with retracement, Pullback from impulse, Pullback from trend into density by volume indicator
Have a nice day, traders! I am always glad to talk with you in the comments! I will appreciate your likes!
EMA 200 Support : Bullish Signal 🚀📈📊 The EMA 200 Line: Imagine the EMA 200 as a historical trail, highlighting the average price over the past 200 days. It's like a long-term perspective on Bitcoin's performance, smoothing out short-term fluctuations.
⏳ The Prolonged Stay: Looking back, we find that Bitcoin spent a whopping 280 days beneath the EMA 200. This period reflects a phase of prolonged consolidation, indicating a more neutral market sentiment.
🚀 The Bullish Breakout: What's captivating is the moments when Bitcoin managed to break above the EMA 200 after such a prolonged stay. These breakouts often signaled the dawn of a bullish trend, igniting excitement among investors.
📈 A Signal of Potential: The EMA 200 breakout holds significance because it reflects a shift from consolidation to potential growth. It's like breaking through a ceiling, paving the way for upward momentum.
💡 Insight for Investors: While the EMA 200 isn't a crystal ball, it's a tool that savvy traders keep an eye on. A breakout above this line might indicate a potential shift in market sentiment and a new chapter in Bitcoin's journey.
So, what's the bottom line with the EMA 200 and Bitcoin's story? 🚀 It's about recognizing patterns that history unveils. The EMA 200 breakout often hints at a potential shift from stagnation to a more bullish terrain.
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