PENN stock is on sale ?Yesterday seemed like an overreaction to earnings and bad news all at the same time.
Using Aspen Trading Support & Resistance Levels, a move above 62.75 will trigger buying into a long position.
PENN is fundamentally strong. The stock is on sale and it has already started an upward move in the market after-hours.
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Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
Technicalindicators
XRPUSD(4Hr): XRP has settled over 1$Market in the last 24hrs
The price has had a gradual bullish momentum from the middle to the upper Bollinger band in the last 24 hours. Trading volume has been high in the last 24 hours and can be seen increasing indicating consumers confidence which also could be the cause of the increase in price.
Today’s Trend analysis
The price is expected to continue to move in a bullish momentum till the price expects the upper Bollinger band as a resistance line after which it is expected to oscillate between the upper and the middle band.
Price volatility was extremely moderate at approximately 4.61%, with the day's range between $1.08— $1.15.
Price at the time of publishing: $1.14
XRP’s market cap: $53.55 Billion
However, the Indicator summary is giving a 'STRONG BUY' signal on XRPUSD.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr): DOGE moving sideways with an indicating bearishMarket in the last 24hrs
The price can be seen moving along the middle Bollinger band in a consolidated movement with a slight indication of bearish momentum. Trading volume has been low in the last 24 hours which could also be the reason for the consolidated momentum of the price that can be seen.
Today’s Trend analysis
The price is expected to continue to move in a bearish momentum till it reaches the lower Bollinger band after which a consolidated momentum is expected as the price oscillates between the middle and the upper Bollinger band.
Price volatility was low at approximately 0.65%, with the day's range between $0.264 — $0.286.
Price at the time of publishing: $0.271
DOGE’s market cap: $35.72 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 8 are giving SELL signal, 1 is giving neutral and 6 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
ETHUSD(4Hr): ETH reaches a new All Time High!!!!!!!!!!!!!!!!!!!!Market in the last 24 hours
The price saw a bullish momentum as it moved from the middle to the upper Bollinger band. ETHUSD saw a new ATH. Trading volume has been high in the last 24 hours.
Next 24 hours Trend analysis
As the price touched a new ATH as well as reached the upper Bollinger band which act as a strong resistance line, a correction is most likely will take place and the price is expected to consolidate till it reaches the middle band after which a continuation of bullish momentum is expected.
The price change was high at approximately 6.08%, with the day's range between $4113 — $4401.
Price at the time of publishing: $3965
ETH’s market cap: $512 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
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Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr): XRP still hovering above 1$Market in the last 24hrs
The saw a bullish momentum as it moved form the bottom to the middle Bollinger band. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
Since the price is nearing the middle Bollinger brand which is a strong resistance line thus if the price accepts it then XRP will most likely oscillate between the middle and the lower Bollinger band else the price is likely to continue to move in a bullish momentum till it reaches the upper band.
Price volatility was extremely low at approximately 3.41%, with the day's range between $0.98 — $1.08.
Price at the time of publishing: $1.05
XRP’s market cap: $49.57 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE falls down again Market in the last 24hrs
The price saw a bearish momentum as it moved from the middle to the bottom Bollinger band. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
The price is expected to see some bullish momentum as the price has excepted the bottom Bollinger band as a support line. This momentum is expected to continue till it reaches the middle band.
Price volatility was high at approximately 9.5%, with the day's range between $0.220 — $0.267.
Price at the time of publishing: $0.240
DOGE’s market cap: $31.65 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 8 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 12 are giving SELL signal, 1 is giving neutral and 2 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
ETHUSD(4Hr) : ETH expected to see a sideways momentumMarket in the last 24 hours
Price saw a sideways movement with a slight indication of a bearish momentum as it moved below the middle Bollinger band. Trading volume has been high in the last 24 hours.
Next 24 hours Trend analysis
The price is expected to see a downward momentum till it reaches the bottom Bollinger band after which it is expected to oscillate between the middle and the bottom Bollinger band.
The price change was moderate at approximately 3.6%, with the day's range between $3908 — $4163.
Price at the time of publishing: $3965
ETH’s market cap: $468 Billion
However, the Indicator summary is giving a 'NEUTRAL' signal on ETHUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 7 are giving SELL signal, 1 is giving neutral and 7 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE can't decide on its momentumMarket in the last 24hrs
The price saw a major downward trend from the upper to the lower Bollinger band. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
If the price accepts the lower Bollinger band as a support line then the price is expected to see a reversal in its momentum and oscillate between the lower and the middle Bollinger band. If not then the price is expected to continue to move in bearish momentum.
Price volatility was low at approximately 2.65%, with the day's range between $0.242 — $0.262.
Price at the time of publishing: $0.246
DOGE’s market cap: $32.36 Billion
However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 8 are giving SELL signal, 1 is giving neutral and 6 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
BTCUSD(4Hr) : Bitcoin reaches a new All Time High!!!!!!!!!!!!!!!Market in the last 1 week
BTC touched a new all-time high this week and the price is still rising along with the upper Bollinger band. Daily trading volume has been high but can be seen decreasing with an increase in price suggesting that we might soon see some correction.
Next Week's Trend analysis
The price is expected to continue to move in a bullish momentum till the price accepts the upper band as a resistance line after which the price is expected to oscillate between the upper and the middle Bollinger band.
The price change was high at approximately 17.69%, with the week's range between $56868 — $66930.
Price at the time of publishing: $65,918
BTC’s market cap: $1.24 Trillion
Moreover, the Indicator summary is giving a 'BUY' signal on BTCUSD.
Out of 11 Oscillator indicators, 6 are giving a SELL signal, 3 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr) : Ripple showing its potentialMarket in the last 24hrs
The price saw a bullish momentum as the price moved from the lower to the upper Bollinger band. Trading volume can be seen rising in the last 24 hours while the increase in price suggests a strong bullish momentum.
Today’s Trend analysis
The price is expected to continue to move in a bullish momentum till it accepts the Upper Bollinger band as a support line after which it is expected to oscillate between the upper and the middle Bollinger band.
Price volatility was extremely high at approximately 5.71%, with the day's range between $1.08 — $1.15.
Price at the time of publishing: $1.15
XRP’s market cap: $53.73 Billion
However, the Indicator summary is giving a 'BUY' signal on XRPUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 6 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
Dogecoin Price Analysis ( October)After soaring to its highest level in more than a month on Monday, DOGE has reversed most of the week’s gains. The altcoin has dropped by over 10% to find support at October’s crucial level of 0.2400. On a two-hour chart, it is trading along with the 25-day EMA and slightly above the 50-day EMA.
In the near term, I expect the altcoin to continue finding support at 0.2400. It will likely trade within a tight range as the bulls gather enough momentum for a breakout. From this perspective, the horizontal channel’s upper border will probably be at the prior resistance zone of 0.2497.
If the bulls manage to push Dogecoin price past that level, the next target will be at 0.2555. On the flip side, a move below 0.2400 will have the bears testing the lower support level of 0.2357.
KCSUSDT TRENDLINE BREAKOUT!!Kcsusdt Just Break The Strong Resistance Trendline Also Cup And Handle Breakout Is Here.
U Can Also Buy Some Kcsusdt Bcz A Good Buying Zone Is Here.
Always Take Trade With Proper Risk Management.
What Is Cup And Handle Chart Pattern?
A Cup And Handle Is A Technical Chart Pattern That Resembles A Cup And Handle Where The Cup Is In The Shape Of A "u" And The Handle Has A Slight Downward Drift. A Cup And Handle Is Considered A Bullish Signal Extending An Uptrend, And Is Used To Spot Opportunities To Go Long.
What Is Trendline?
A Trend Line Is A Bounding Line For The Price Movement Of A Security. It Is Formed When A Diagonal Line Can Be Drawn Between A Minimum Of Three Or More Price Pivot Points. A Line Can Be Drawn Between Any Two Points, But It Does Not Qualify As A Trend Line Until Tested.
Stay Blessed.
LITUSDT JUST TOUCH 100EMA!!As You Can See In This Chart Litusdt Just Touch 100ema And Now Going To Touch 200ema Also In A Triangle If We Get A Breakout From Triangle So It Could Be A Good Buyzone..
Why Is Ema Important?
The Ema Gives More Weight To The Most Recent Prices, Thereby Aligning The Average Closer To Current Prices. Short-term Traders Typically Rely On The 12- Or 26-day Ema, While The Ever-popular 50-day And 200-day Ema Is Used By Long-term Investors
Stay Blessed.
DOGEUSD(4Hr) : DOGE still have a bullish chanceMarket in the last 24hrs
The price saw a downward momentum for the upper to the middle Bollinger band. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
The price is on the middle Bollinger band, the likely scenario is that the price accepts the middle band as a support line then the price is expected to move in a bullish momentum till it reaches the upper Bollinger band else it is likely to move in a bearish momentum till it reaches the Bottom Bollinger band.
Price volatility was high at approximately 4.17%, with the day's range between $0.241 — $0.256.
Price at the time of publishing: $0.245
DOGE’s market cap: $32.2 Billion
However, the Indicator summary is giving a 'BUY' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 4 are giving SELL signal, 1 is giving neutral and 10 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
ETHUSD(4Hr) : ETH still has hopeMarket in the last 24 hours
The price can be seen moving sideways while oscillating between the middle and the bottom Bollinger band. Trading volume has been high in the last 24 hours.
Next 24 hours Trend analysis
The price is expected to continue with the sideways momentum while oscillating between the middle and the bottom Bollinger band as they act as strong resistance and support lines respectively.
The price change was low at approximately 1.85%, with the day's range between $3687 — $3843.
Price at the time of publishing: $3811
ETH’s market cap: $450 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 4 are giving SELL signal, 1 is giving neutral and 10 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
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Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr) : Ripple calm after a little bullish periodMarket in the last 24hrs
The price can be seen moving along the bottom Bollinger Band in a slightly bearish momentum. Trading volume can be seen fluctuating between high volume in some intervals and low in other in the last 24 hours. This movement of volume could be due to people uncertain about the future momentum of the price. The high selling candles can be considered as the reason for the current bearish momentum.
Today’s Trend analysis
The price can be seen moving sideways indicating that the price has accepted the bottom Bollinger band. The price is expected to oscillate between the middle and the bottom Bollinger band.
Price volatility was extremely low at approximately 1.69%, with the day's range between $1.10 — $1.16.
Price at the time of publishing: $1.14
XRP’s market cap: $53.73 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
BTCUSD(1D) : BTC nears its ALL TIME HIGHMarket in the last 1 week
In the past 1 week, BTC came near its all-time high and is still having a slight bullish momentum. Daily Trading volume has been high in the last week especially considering the bullish momentum. The high volume is also an indication that the bullish momentum is relatively strong.
Next Week's Trend analysis
The price is expected to see consolidated momentum with a slight indication of a bullish movement. The price is likely to oscillate between the middle and the upper Bollinger band.
The price change was high at approximately 15.4%, with the week's range between $54371 — $62757.
Price at the time of publishing: $59874
BTC’s market cap: $1.13 Trillion
Moreover, the Indicator summary is giving a 'BUY' signal on BTCUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr) : XRP going back to its original gloryMarket in the last 24hrs
The price can be seen oscillating between the middle and the upper Bollinger band. The price can be seen accepting the middle Bollinger band as a support line. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The price is expected to oscillate between the middle and the upper Bollinger band if there are no fluctuations in trading volume and it remains high throughout the day.
Price volatility was extremely low at approximately 1.69%, with the day's range between $1.10 — $1.16.
Price at the time of publishing: $1.14
XRP’s market cap: $53.73 Billion
However, the Indicator summary is giving a 'STRONG BUY' signal on XRPUSD.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 8 are neutral and 3 are giving a BUY signal.
Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!