sos reversal if 2700 hold we will push upward
all depend on btc
but a interesting trade possible breakout fom a bullish wedge
and oversold rsi
TA
$TSLA Analysis, Key Levels, and Targets - REQUEST$TSLA Analysis, Key Levels, and Targets
I just want to say that I do not trade TSLA. This is for my good friend @rock1986
MacD is one of the best momentum indicators… and on the weekly timeframe it does not support a move above the W35EMA. Not yet. I’m not saying that it can’t, but it’s not likely.
LOL… @rock1986… I hope that at this point, you’ve followed my charts long enough that I hope you know what I’m saying without the need for me to explain….
Lots of targets for you, and for me as well…. If you have any questions let me know… the addition of the bear flag was your idea… (and it would justify target 3)
—-
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
possible bitcoin targetssome possible bitcoin outcomes we have broken above the bear flag (depending on how you draw it I think It looks pretty clear on the 8hr) and the 200 week and currently holding them both as support. these are just my opinions so we will just have to wait and see what happens i suppose :) enjoy the lines
BTC - Technical AnalysisDo Kwon Says He’s No Fraudster and Has ‘Great Confidence’ in Terra 2.0
“I made confident bets and made confident statements on behalf of UST because I believed in its resilience and its value proposition. I’ve since lost these bets, but my actions 100% match my words. There is a difference between failing and running a fraud.”
AMR, Strong bearish candle below 143 triggers a safe short entryAMR MAY offer a fresh chance for opening a short position !
Stock has recently lost 50 day moving average which now acts as strong resistance . Stock struggled 4 days to take this previous support back and was not successful at all .
AMR also, lost the last low ( marked by arrow ) which is a sign of trend reversal . In addition, It has completed the pull back to both lost low ( related resistance has been shown as a horizontal red line) and 50 days moving average.
Only remaining condition for opening a safe short position is a strong bearish candle below the cluster of candles shown by a circle.
Stop loss can be a bullish candle above mentioned cluster and 50 days moving average.
First target is around 104 and second target is around 70 therefore Reward/Risk ratio is extremely high .
I myself took higher risk and already opened a short position by using Elliott waves in Hourly time frame which can be reasonable considering market condition and sentiment however, more safe entry condition is explained above.
Hope this to be useful and wish you huge profits.
COSTCostco is one i've been watching. The close before the long weekend was ideal if you entered short once again underneath this yellow trendline.
An overshoot to 508-510 is still possibly in play and that's where i'd be looking to start a longer dated short position or even sell out of the position if we get to that target.
Costco is a very strong company don't get it wrong. This is a stock i'd buy in my retirement account at nearly all support lvls below 480.
BTC / USDT 4H Update Btc rejected from supply and dumped below 20K
20-19.5K is strong support, IF hold BTC will Pump
4hr close below 19.5K, we can expect 18,300 - 16,700 Target
ST/MT Market still bearish so not buying anything, if support break i'll open short at 20,300-21,200,
Target same & 23,100 Invalidation!
#dyor
The Truth Behind Why Do People Trade?Do you ever wonder why some people are so fearless when it comes to trading? It is not every day that you see someone trade with the same level of confidence and unbridled optimism as do traders. Whether you like it or not, the markets always have a presence in our lives. Although most of us try to avoid them, there are times when we end up entering them just for a few trades. After all, who would say no to free money? The real question here is why some people are so bold in their trading activities? Well, there are many factors that go into this unique behavior and answer lies within. Even though trading can be risky if you don’t know what you’re doing or how markets move, some people are willing to take those risks while others prefer playing it safe by not even touching anything financial related until they're absolutely sure about their long-term goals in life. These two different extremes are what drive every person’s need to trade as much as possible until they find the perfect balance. In this article, we will explore these different reasons that explain why individuals.
KEY TAKEAWAYS
Trading is your passion
You can’t resist that free money
You need to earn more money before retiring
You want to protect yourself from market shocks
You want to spend your savings
Trading Is Your Passion
Let’s face it, most of us are born with a passion for something. Whether it is music, sports, or even trading, you were born with a unique interest that you can’t help but put your heart and soul into. People with this passion may not even know what they want to do with their lives. As they get older, they begin to realize more and more about how the world works. Trading is one of those things that people never know about until they get involved with it. No matter where you are in the world, you can find a community of traders who share your passion. Trading allows you to make money while helping others achieve their financial goals. There are many trading pairs that people can take advantage of. If you are passionate about trading, this is a great way to make a living.
You Can’t Resist That Free Money
We all know the feeling. You are browsing your favorite crypto website when you see a banner ad that promises the best Bitcoin advice ever. You go to the page and find a guy who is talking about how to double your money in months using his proven strategy. He then writes a blog on how to do exactly that. The rest of the website is then filled with articles about how to get rich quick by trading crypto. You read it all and then finally get the nerve to try your hand at this new form of investment. You put in a small sum of money, wait for a price increase, and then sell your coins at a huge profit. A few days later, you are sitting back in your chair scratching your head wondering why you did that. This scenario is pretty common in the cryptocurrency trading world. It doesn’t matter what type of coin you are trading; people don’t mind selling at a loss if it means they can make a profit on the next buy. People who are excited about the potential of the market and can’t resist the free money are more likely to be investing in arbitrage opportunities that exploit these price gaps.
You Need to Earn More Money Before Retiring
Cryptocurrency trading can be very successful, but it’s not for everyone. For example, if you’re planning on retiring in a few years, trading could end up being a huge drain on your finances since there’s no guarantee that you’ll be able to retire early. That’s why it’s important to start investing now so that you can earn a decent amount of money before you have to start taking regular retirement payments. This is especially important if you have a high-risk job like working construction or as a truck driver. That way, you can earn enough money to retire without having to work until you’re much older than you would otherwise have to.
You Want to Protect Yourself from Market Shocks
The reason why some people decide to trade is because they believe that this is the only way they can protect themselves from large market shocks. Traders who invest in a certain strategy (such as short-term trading) may not be able to protect themselves from a major market crash. For example, if the market price of Bitcoin crashes and you buy a lot of Bitcoin on the way down, you won’t be able to short sell the same amount of Bitcoin when it goes back up. That’s because you’re already long on the same amount of Bitcoin. If the market crashes and you sell your Bitcoin short, you may end up voiding your short position because of a lack of Bitcoin. If the market price goes back up, you won’t be able to cover the short position and take a loss. That’s why it’s important to protect yourself against large market shocks.
You Want to Spend Your Savings
Some people just love to gamble. They see stocks and futures as a way to win at the casino and forget that they are playing with real people’s money. When you have a lot of money that you can’t really spend on anything, it’s easy to become a gambler. Many people who have a large amount of savings in the bank just don’t know what to do with it. They can’t bring themselves to spend it on something that will only bring them short-term pleasure. That’s why they often end up throwing their money into risky investments that might not pay off for years. Investing your savings in the stock market can bring big returns, but it’s also a high-risk activity. If the market crashes and you lose all your money, you will have no way to spend it on something that you enjoy doing. That’s why it’s important to spend your savings on something that will bring them some long-term value.
Final Words
The stock market is a risky business, and even the experts can’t predict the future. If you want to earn a lot of money, you should be ready to take risks. However, if you carefully investigate different investment opportunities, and do your research, you can protect yourself from losing too much money. When you are trading, you are putting money on the line, so you need to make sure it goes into a profitable investment.
DECISION MAKING: SUPPLY AND DEMAND ZONEMaking day-to-day investment decisions is challenging enough without the added stress of trading. Whether you are a beginner or an experienced trader, the world of finance can be challenging. It’s not always easy to know whether your trading ideas are worth pursuing or not. Even experienced traders struggle to make the right investment decisions on a regular basis. This is where decision-making and trading strategy comes in. Understanding how to make the technical analysis and right trading decisions is essential in any trading career. The share market uses the technical analysis to test or forecast the price down trend or uptrend. Knowing how to determine the supply and demand zone is the critical factor in the technical analysis.
The insights of supply and demand trading
Supply and demand zones are a popular analysis technique used in day trading and considered as key indicators in the supply and demand trading. These zones are both supply zone or distribution zone and the demand zone or accumulation zone. They present the liquidity at a specific price.
Key takeaways
Markets are driven by supply and demand zones.
Investors can use supply and demand zones to make purchases or sales decisions.
The price drop begins and starts at the distribution zone.
A bearish stock displays greater supply than demand and exhibits distribution.
Buying pressure accounts for distribution, whereas accumulation reflects selling-side
pressure.
When a stock's price stops falling and starts moving sideways for a period of time, this
signals that there is accumulation and that the stock may rise.
Three NOTES for supply and demand trading
When looking for stocks to buy, the first thing to determine is whether you're in a supply or demand zone. In a supply zone, the stock's price is above the bid price, while in a demand zone, it is below. The bid price is the amount a trader is willing to pay for a stock.
Once you find the most active market supply and demand zones, you can identify the next thing you must do. You can either buy or sell depending on whether the trend continues or reverses in that zone.
Understanding rally and drop patterns is the third aspect. When you see a pattern indicating a rally, you should buy high and sell low. When you see a pattern indicating a price drop, you should sell short.
Strategies with the Supply and demand trading
To make a bright decision and set your smart strategy in trading, a trader should definitely know what current socio-economic and political conditions are. This is paramount to being a successful trader. They should look at any economic or political disruption that could affect the trading environment, or question whether there are a lot of volatility in the markets or not. If the answer is yes, a supply and demand trading strategy might be used to make a good trading strategy with the breakout or range trading involved.
When the market is stable and not extraordinary, a trading range may be used to describe it. The breakout is a supply and demand trading strategy when market conditions are expected to change.
When markets open or close, day traders may have to watch for breakout formation of rectangular ranges when liquidity or volatility are higher.
A limit order can be used to buy or sell stock at a set price. You can use price action entry to enter a position at a certain price or zone. Candlesticks are used to enter positions with price action. Using candlesticks as a strategy is more effective.
Bottom Line
There are a lot of factors that can affect your trading success and trading strategy. You need to make sure that you’re looking at the right factors when examining your data. You also need to make sure that you’re staying away from automated trading strategies. These are the two factors that are going to make the biggest impact on your trading success. You need to know where the supply is at and the demand. You should understand the factors that are affecting the market and the future support and resistance levels. This is the only way to make the correct trading decisions.
Bitcoin - large falling wedgeThe price on the daily timeframe is moving in a falling wedge. The lower timeframes show downward price compression and liquidity in the $29300-29200 zone. Important next levels and zones: $28850-28650, $28050-28000, $26700. There are many stop-losses of the different caliber of traders behind these levels. There is a high probability that we will harvest it all. It is the road to $20,000. The horizontal volume levels are on the verge of the abyss. Support around $30000 is significant, but if the price breaks through the nearest liquidity zones - the path to $20000 will be almost inevitable, or even lower with some squeeze. After testing $20,000, I expect the price to return to the zone of maximum vertical volume - about $40,000 before the end of 2022.
Best regards,
EXCAVO
Teladoc Short and LongTeladoc is range bound atm. We might have this range for a long time. best trades are to long the low and short the top.
We got a rejection from the POC of the range and are making our way down to the golden pocket, HVN and an orderblock.
If we loose this level i am looking down to the bottom of the channel.
As being in the channel we are also in a descending triangle type structure. Looking to see how this brakes also.
No financial advice. Just sharing trade ideas.
Cheers
BTC/USD ShortQ2 5-19-K22 We have a potential short opportunity. If Bitcoin fails to hold its 30K level with declining volatility. Then, we may see a correction back to 25K to validate or Invalidate the next level of psychological support. In terms of a ''short'' context that is.
(Note) Please do your DD before application of a position. This is Idea is highly aggressive and vouched for by @Ra_way leader of the guild.
BINANCE:BTCUSDT
THI$ I$ THE WAY
EN -30,455
SL- 32.5K
TP 1 - 27K
TP 2- 26K
29 -> 35-40 (max) -> 23
We haven't seen a SFP and "just" bounced o f a HTF Daily support level. Should we reject from the W (yellow, dotted since traded), I expect another leg down into the 1:1 trend based fib extension.
However, flipping that W(eekly) S/R Level into support, should bring us up to 35, if not 38. Unlikely, but possible, the highs around 40k could be taken too, while I believe they serve better for a re-visit at alter point - sometime...
Ensure to add VPFR(s) to get VAL/VAH/POC on this "bounce".
Long story short: I can see some relief but doubt the bull market is back and expect lower - rather sooner than later.
Note:
I am sharing my personal point of view based on my own analysis - which is a lot more in depth than shown on the chart(s).
The mix between a "simple" Chart while still providing enough context to make sense of it is a matter of taste. Like it or not. However, I, personally, "hate" those people throwing a line on the chart leaving the audience in doubt completely.
I don't care if I am wrong or right. My plan could change within 15 minutes without me sharing an update. Therefore take this is an idea rather a setup.
In no way, I am sharing any kind of financial advise.