My trading plan is very simple. I buy or sell when: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Target is upper channel zone around $34
I have a Daily bearish candle that closed below the last daily bullish candle which caused a choch on a lower tf. I'm waiting for a retest on the 15min - 1 hr for continuation down
On the weekly we see very obvious bullish divergence. There's also a falling wedge like structure forming during the same period. Arguably, it's about to form a double bottom on the daily as well. I see at least some upside. As for targets, i didnt set any yet except I'll be taking out half at some point to secure the gains. Posting idea for the first time and through app, sorry if out of place ❤️
Tomorrow’s Nvidia earnings are pivotal for the AI trade and market at large. Jensen Huang’s previous comments regarding the longer than hoped for promises of quantum computing shook investors and collapsed the quantum trade. After the bell tomorrow, will quantum stocks such as Rigetti Computing finally begin to rally? To me, $8.50 looks like a great level to begin adding RGTI to your portfolio.
My trading plan is very simple. I buy or sell when: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under bottom of Bollinger Band Target is upper channel zones around $32
Double top form Price breakout of the major support Possible further drop is expected
This chart represents a bullish breakout setup for Bitcoin (BTC/USD) on the 1-hour timeframe. Key Observations: 1. Downtrend Breakout Attempt: The black trendline indicates a previous downtrend. Price is attempting to break above this trendline, signaling a potential trend reversal or short-term bullish move. 2. Entry & Target: The green zone suggests a long (buy) position with an entry around 88,980. The target is around 94,311, indicating an expected move toward previous resistance. 3. Stop-Loss Placement: The red zone (86,841) is the stop-loss level, meaning the trade would be invalidated if BTC falls below this point. Possible Trade Idea: Buy if BTC confirms a breakout above the trendline. Stop-loss below 86,841 to manage risk. Target 94,311 for potential upside profit. Are you already in this trade, or waiting for confirmation?
My trading plan is very simple. I buy or sell when: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in Green buying zone Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under bottom of Bollinger Band I'm buying in this green zone, again if price hits $212 near the yellow zone or red line. Will sell and/or short when price reaches green zone overheard around $226.
First tip 0.43$ ?% Second tip 0.71$ ? % Third tip 1.2$ (depends on polygon news and polygon community) Last tip 2.1$ (depends on polygon news and polygon community ) All details on the chart ??
I like this chart because in such a short period of time there are 3 really significant patterns that have formed. The first one is an example of an Adam Adam double top (red circle). You can tell this because there are 2 very narrow peaks. This is bearish of course. Then it transitioned to an Adam Even double top (green circle). Which has since transitioned to a head and shoulders formation. The expected move from the Adam Eve double top is around 36% on average, which we are fast approaching. The expectation for tomorrow is about a -1% decline continuation. I am mostly a math trader but I do enjoy my Bulkowski patterns xD. Not advice, safe trades!