Volume
$NVDA H&S, Potential Correction?Seeing this H&S forming on NVDA. Technicals showing a potential correction down to $110. This price prediction was made by measuring from the head down to the neckline. With recent FOMC reaction will this be possible? If anyone has fundamentals of the overall AI market for the short term id love to hear your input.
Where are the HBAR support zones? How far can it fall?The recent pullback in HBAR is enough to shake the average person, don't let them shake you out!!
In perspective to the most recent moves, the trend as it stands still remains bullish. The following levels on the chart will give you an idea of how much lower HBAR can potentially go and could be an opportunity for those who had FOMO during the first pump.
See my previous idea on why I am still bullish on HBAR.
Using Trendlines on ATR for Trading Strategy:Average True Range:
Volatility Resistance: The ATR oscillating at a resistance line suggests that the market volatility has reached a point where it has been repeatedly unable to break through to higher levels. This can mean that despite attempts, the volatility hasn't sustained at higher levels, potentially indicating a stabilization or a ceiling on how volatile the market might get in the short term.
Market Sentiment: This oscillation can also reflect a market where there's a tug-of-war between buyers and sellers, leading to a stabilization of price movement range. When volatility hits a resistance level, it might indicate that the market is preparing for a significant move or a breakout, or conversely, that it might revert back to lower volatility after some consolidation.
Breakout Strategy:
Signal for Breakout: If the ATR breaks above the resistance line where it has been oscillating, it could signal an upcoming increase in volatility, potentially leading to a significant price movement. Traders might consider this a signal to prepare for a breakout trade, either buying or selling depending on the price trend.
Trade Entry: Following a breakout, traders could use this ATR trendline break as a cue to enter a trade in the direction of the breakout, expecting that increased volatility will lead to a more substantial price move.
Stop Loss and Profit Taking:
Stop Loss: The resistance line where ATR oscillates can be used to set dynamic stop losses. If the ATR moves above this line, indicating higher volatility, a trader might adjust their stop loss to be a multiple of the ATR away from the current price to account for the increased risk.
Profit Targets: Similarly, profit targets can be set based on ATR levels. For instance, if the ATR is oscillating near resistance, traders might aim for a profit target that's one or two ATRs away from the entry point, anticipating where volatility might push the price.
Trend Confirmation:
Confirming Trends: ATR's behavior at resistance can confirm trends. If the price is trending upward but the ATR fails to move above its resistance, it might indicate that the trend lacks strong momentum or that a reversal could be on the horizon.
Risk Management:
Adjusting Position Size: High ATR levels near resistance could suggest increasing market noise, prompting traders to reduce position sizes or adjust their risk management strategies to account for potential whipsaws or false breakouts.
Counter-Trend Strategy:
Reversal Signals: If the ATR repeatedly fails to break through resistance, it might signal that the market is overstretched, potentially leading to a decrease in volatility or even a trend reversal. Traders could look for bearish signals if this happens in an uptrend or bullish if in a downtrend.
Incorporating these strategies requires careful observation and should ideally be combined with other forms of technical analysis or indicators for confirmation. Remember, while ATR provides insights into volatility, it does not indicate the direction of price movement, so it should be part of a broader trading strategy.
$OTHERS Alts Catching A Bid vs $BTCEveryone kicking themselves for not taking profits on Alts because they’re almost back to where they were before this whole run up when Trump won 😭
Today, Alts dumped to just 10% above their ₿itcoin pairs.
Lesson Here:
If you're gonna trade Alts, make sure to continuously take profits back into CRYPTOCAP:BTC
Good News:
the market looks to be bidding Alts > BTC rn on this dip, signaling Alt Season around the corner 💯
Notice RSI, Ascending Volume and Bullish Hammer 🚀
USD/CAD -Volume Spread AnalysisHere is a perfect example of Pushing Up through Supply.
As shown, when up-trending markets experience the phenomenon created by Market Makers in which supply us introduced to the market. (Notice the Pivot Highs at 1.41942 and 1.41968 which are 4 pips apart) These levels of supply are known by the market makers and are used to lock in bullish traders.
As the market moves against the locked in traders we notice Ultra High Volume (UHV) shows up. As we analyze the volume it suggests professional supply has entered the market and is confirmed by the following Wide Spread and Excessively UHV.
This confirms the intention of the professionals to lock in bullish traders and create an over head supply zone. The following price movement has UHV as well but less than the previous bar and it also closes bullish but inside the larger UHV bar. Peculiar for a market that is doomed to fall to the abyss don't you think? Looking back to the previous 40 price bars we notice price held support above the level of the previous pivot low at 1.40926.
The supply diminishes from this point as price creates a Lower High (LH) then a Higher Low (HL). We also notice the spread bodies of the bars leading to the pivot low at 1.41304 are smaller than any other downward push since the consolidation period on the 10th of December.
This implies supply has diminished until we come back in contact with the supply created by the Market Makers. The UHV suggests supply is present. However, the next bar shows demand is also present and supply has suddenly diminished at the resistance as well.
Prices then proceed to "Push up Through Supply" volume diminishes and prices rise through the supply which is termed and "ease of movement". This is an aggressive BUY SIGNAL which implies prices will not come back to retest the previous area of resistance turned support known as the backup to the edge of the creek.
You have to be aggressive at these moments because prices will not return to the retest the structure as the handling maneuver is completed a as it leaves the re-accumulation area.
The correction in crypto assetsHey traders and investors!
The correction in crypto assets continues.
You can look for selling opportunities (for example, in futures) on these assets, as both the daily and hourly timeframes favor the sellers.
Stop-losses are a must!
If buyers on these assets (OPUSDT, ARBUSDT, DOTUSDT) buy up the daily bar from December 19, the priority will shift to purchases.
I wish you profitable trades.
Intraday Levels for Nasdaq 100 Futures - 12/19/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
Intraday Levels for Nasdaq 100 Futures - 12/20/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
SENDAI - BUY ON DIP ?SENDAI - CURRENT PRICE : RM0.570
SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart.
i) The share price manage to breakout 50-day EMA
ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure
iii) CHIKOU SPAN also manage to bounce from CLOUD support level
iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone
v) High trading volume than previous sessions.
Technically it is a BUY ON DIP for this stock.
ENTRY PRICE : RM0.560 - RM0.575
TARGET PRICE : RM0.625 and RM0.690
STOP LOSS : RM0.530
TAYOR !
Technical Analysis for Gold Spot/USD (1-Hour Chart)Current Market Overview
Current Price: $2,618.80
Trend: Bearish, with a significant downtrend after rejection from the $2,730 zone. However, a recent bounce near the NY Midnight Open ($2,610.32) suggests a potential short-term reversal.
Key Levels to Watch:
Resistance Levels: $2,640, $2,660, $2,686, and $2,700
Support Levels: $2,610, $2,580, $2,560
Bullish Scenario
Technical Factors
Price Action:
The price has rebounded from $2,610, a critical support level, forming a higher low on the shorter timeframes.
Green delta volumes near $2,610 suggest buying activity, supporting the recent bounce.
Indicators:
The pink EMA cloud is still bearish, but a sustained close above $2,620 will indicate a potential shift in momentum.
The buying delta volume dominance (89.39%) signals bullish interest at current levels.
Upside Potential:
If buyers sustain above $2,620, the next resistance levels are $2,640 and $2,660.
A breakout above $2,660 could lead to further upside toward $2,686 and $2,700.
Probable Entry Points
Entry:
Aggressive Entry: Near $2,620 if bullish candles confirm strength (e.g., bullish engulfing).
Confirmed Entry: Break and close above $2,640 with volume.
Take-Profit Targets
Short-term TP1: $2,640 (nearest resistance).
TP2: $2,660 (key resistance with heavy sell-side activity).
Extended TP3: $2,686 (next major resistance level).
Stop-Loss
Place SL below $2,610 to limit downside risk.
Bearish Scenario
Technical Factors
Price Action:
The price is still below the pink EMA cloud, and lower highs and lower lows dominate the larger trend.
Rejection from $2,640 or failure to hold $2,620 will confirm bearish continuation.
Volume Analysis:
Despite the current bounce, strong sell volumes persist near $2,640 and $2,660, indicating that sellers remain active.
Bearish continuation is likely below $2,610.
Support Breakdown:
A breakdown below $2,610 will open the path toward lower support zones at $2,580 and $2,560.
Probable Entry Points
Entry:
Aggressive Entry: Near $2,640 if price rejects resistance with bearish confirmation (e.g., bearish engulfing).
Confirmed Entry: Close below $2,610 with strong sell-side volume.
Take-Profit Targets
Short-term TP1: $2,580 (major support zone).
TP2: $2,560 (key demand zone).
Extended TP3: $2,540 (critical support).
Stop-Loss
Place SL above $2,640 to avoid being caught in a bullish reversal.
Summary: Trading Plan
Scenario Entry Zone Stop-Loss Take-Profit Targets
Bullish $2,620 - $2,640 Below $2,610 TP1: $2,640, TP2: $2,660, TP3: $2,686
Bearish $2,640 - $2,610 Above $2,640 TP1: $2,580, TP2: $2,560, TP3: $2,540
Conclusion
Bullish Bias: A break and close above $2,640 will shift the short-term trend bullish, targeting $2,660 and $2,686.
Bearish Bias: Rejection at $2,640 or a breakdown below $2,610 will likely push the price lower toward $2,580 and $2,560.
Recommendation: Watch price behavior around $2,640 (resistance) and $2,610 (support) for confirmation before entering a trade. Use tight stop-losses and follow volume dynamics closely to align with market momentum.
Bitcoin for Justicehello my friends
📚 According to the previous analysis, Bitcoin moved closer to its target of 110,000.
📚 Bit seems to decide to oscillate in the 98,000-110,000 range for a short period of time unti the market makers make a new decision.
📈 Right now can be a good time to enter altcoins, but in my opinion we can have bette opportunities.
❆ Wait for our next analysis
XAUUSD. Analysis of the daily timeframeHey traders and investors!
Let me remind you, on the daily timeframe, there's a range. The upper boundary is 2726.295, and the lower boundary is 2536.855. The current seller's vector 6-7 has reached the first target of 2605.31, and the price has nearly hit the second target of 2581.445. The seller’s daily bar on December 18th showed good volume and spread.
It is risky to look for short trades now since the price is at the lower end of the range. You can search for buying patterns as an idea for the buyer's vector 7-8 with a potential target of 2721.42. However, there are two factors to consider:
1. The seller’s daily bar from December 18th with good volume and spread indicates strong sellers, from which a seller could resume. To find a buying pattern, it would be ideal for the seller to resume from this bar (e.g., on the hourly timeframe) and be overcome by the buyer.
2. The price has not yet touched the buyer's zone (green rectangle on the chart), with its upper level being the second target (2581.445). To find a buying pattern, it would be ideal for the price to enter the buyer's zone and see the buyer's resumption from there.
If both factors are met, the likelihood of a successful buying pattern will be significantly higher—observing the seller's resumption, the touch of the buyer’s zone, and the buyer’s resumption.
I wish you profitable trades.
INDUSTOWER LONGBREAKOUT AND RETEST
Resistance Level - 450 - 475
Support Level - 290 - 310
View is negated with a close below 285.
Good pick for short term and long term.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
IEX LONGSimple Setup
Resistance Level : 245 - 260
Support Level : 160 - 170
View is negated with a close below 160
Good for short term. Breakout above 260 will become a good pick for long term.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
ALEMBICLTD LONGVery good bullish setup
Good breakout with volumes and a retracement with lesser volumes to the breakout zone.
Can be a good long term pick.
Support zone : 110 - 130
View is negated below 110.
For short term observe these levels and track its price action in weekly chart.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
Jubilant Ingrevia Ltd Jubilant Ingrevia Ltd NSE:JUBLINGREA is currently in an uptrend with bullish technical indicators. While the immediate trend is positive, watch for a pullback near ₹770 for better risk-reward opportunities. If the stock sustains above ₹860, it could open the way for a fresh rally.
The price is now consolidating near recent highs. Recent volumes have increased significantly, especially during the upward movement. This signals strong institutional or buying participation.
BTC $95,105 is as low as it gets!BTC Analysis (3D) 12/18/2024
It's likely one of these two scenarios for BTC plays out.
Depending on the FOMC it could get invalidated but this is what I'm seeing on the charts at the moment.
• Slow grind to 120-130k
or
• Retrace slightly to about 95K where we almost certainly will get SOME bounce, as that is where the preliminary fib line lies on the DFR as well as an anchored VWAP and it matches with the anchored Volume Profile (Im positive one of the MAs is also in this range).
If this level holds, we will most likely create a new ATH at $120,000+
Thoughts?
Intraday Levels for Nasdaq 100 Futures - 12/18/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
RAIN LONGMomentum is picking up. Good increase in volumes.
Resistance Level 1 : 270
Resistance Level 2 : 385
Support Level : 125
View is negated below 125
Long Term stock.
For short term keep these levels and track the price action on weekly chart.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.