A simple analysis. HBAR has formed a bit of a descending triangle pattern. We could either see a breakout to the top or bottom before it moves to a new ATH at .60. A 'safe' swing trade could be taken from the buy zone at ~.16 (if we even get there). Needless to say, I'm feeling bullish on HBAR. Happy trading, Melonfarmer
All indication shows US30(DOWN JONES) will close Bearish(WEEKLY) on Friday 3rd of January. This is due to Technical and Fundamental Reasons. I will be using this knowledge to correlate a more volatile stock AMT, I'm bearish on AMT.
After playing game with the Time for 7 years, I would admit, I would be a student for ever. What scenario do you think has the higher possibility? There could be much more scenarios besides listed here.
This chart displays the Dow Jones Industrial Average (DJIA) monthly candlestick data alongside its 200-month simple moving average (SMA), highlighting significant historical declines and their characteristics. Here's the analysis: Key Observations: 1. Bearish Phases (Highlighted in Blue Boxes): Major drawdowns over the years are shown, with the percentage drop, the number of bars (months), and the trading volume involved. These events align with historical financial crises or economic downturns: 2000-2003 (-36.94%): Reflects the Dot-Com bubble burst. 2007-2009 (-52.12%): Represents the Global Financial Crisis. 2020 (-37.58%): Associated with the COVID-19 pandemic shock. 2. Recovery Time: The recovery periods vary significantly: Dot-Com Bubble: Took 37 bars (1,127 days). Financial Crisis: Longer with 18 bars (548 days) of drawdown and prolonged recovery beyond the charted downturn. COVID-19 Crash: Shortest at 2 bars (58 days) due to rapid monetary intervention. 3. Trends and Momentum: The 200 SMA provides a clear indicator of long-term trend stability: Downturns saw temporary breakdowns below the SMA, followed by robust recoveries. Overall, the index reflects an upward trend over the decades. RSI (14) Indicator: RSI peaks correlate to market highs; lows often match oversold conditions in major bear markets. 4. Market Volatility and Volume: A noticeable spike in volumes coincides with large bearish moves (e.g., 2007-2009 and 2020 crises), signifying panic-driven trading activity. Recent periods (2020 onwards) show high volatility, accompanied by strong rebounds. --- Conclusions: Historically, even severe bear markets have seen the DJIA recover and continue its long-term uptrend, which aligns with the principle of compounding returns and economic growth. The market tends to break its long-term SMA during extreme crises but eventually recovers. Current RSI values suggest the market may not yet be overheated, but caution is advisable given previous patterns. Would you like a deeper technical analysis or possible forecasting based on this data?
This is my trade set up for NQ for next week. i am looking to go long at a critical daily demand zone that also lines up with the 4 hour 200 ema and an imbalance fill
IDEX ~ 1W #IDEX So far it still maintains its bullish structure. If you still have Conviction on the coin,. Buy gradually within this support block,. with a minimum target of 20%++
KSM Update ~ 1W #KSM So far it continues to maintain its bullish structure. This is a very good support block for the next bull run. heading towards the wave 3. Buy in stages here with a minimum target of 20%++
According to the question asked by many. 0.3970 and rebounding on the previous week low is the ideal scenario of goat's buy, ideally presented and marked with the yellow boxes!
BTC support is holding around 92K HOWEVER , it’s been chipping away at this level over the past few weeks since it broke 100k and made its move to the all time high. Price has consolidated between 100k and 92k and appears to be showing a bias to the downside and bearish flag formation as it’s been chipping away at that level and this obviously weakens support. The air pocket between 92k - 73k is looking to be a near term probability of where price is expected to retrace to strong support. If this plays out it will be a big trade and then a discount buy from support of FWB:73K
I'm much better at finding bottoms in charts vs tops. So I had the idea of reversing the Nasdaq chart! Before the Nasdaq crashed, you always see a double bottom in the RSI with the second peak being higher. Next top in May 2025?