VRAUSDT | Personally Loading Here | Mid Term (1D) As part of my profit taking strategy, I like to go through and map out potential levels of interest based on semi-bullish to very bullish mock up price action using fractals and fibs. Based on concept of money flow... BTC, then ETH, then Large Caps, Then Mids and Smalls, I am personally heavier skewed loaded up on mid to small cap coins with bullish chart setups and high profit potentials. I think its that time again for VRA... This looks like a good area to load up for me personally. Additional altcoin near term and midterm chart ideas listed below. DRIFTUSDT | Mapping Out Possibilities | Near Term (4HR) https://www.tradingview.com/chart/DRIFTUSDT/JSy7ZWHK-DRIFTUSDT-Mapping-Out-Possibilities-Near-Term-4HR/ XUSDT | Mapping Out Possibilities | Near Term (4HR) https://www.tradingview.com/chart/XUSDT/DzhZ0EEw-XUSDT-Mapping-Out-Possibilities-Near-Term-4HR/ OLUSDT | Mapping Out Possibilities | Near Term (4HR) https://www.tradingview.com/chart/OLUSDT/m73Pdg3G-OLUSDT-Mapping-Out-Possibilities-Near-Term-4HR/ GRASSUSDT | Mapping Out Possibilities | Near Term (12HR) https://www.tradingview.com/chart/GRASSUSDT/RR9u4Ytb-GRASSUSDT-Mapping-Out-Possibilities-Near-Term-12HR/ ALGOUSDT | Mapping Out Possibilities | Near Term (12HR) https://www.tradingview.com/chart/ALGOUSDT/Zba2VKTI-ALGOUSDT-Mapping-Out-Possibilities-Near-Term-12HR/ GRASSUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/GRASSUSDT/40C1jvBd-GRASSUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ XUSDTUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/XUSDT/hxWBH2AM-XUSDTUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ MYRIAUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/MYRIAUSDT/4GR9fU8q-MYRIAUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ GHSTUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/GHSTUSDT/6K9rscrT-GHSTUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ DOGSUSDT | Mapping Out Possibilities | Near Term (4HR) https://www.tradingview.com/chart/DOGSUSDT/m0DaiBB0-DOGSUSDT-Mapping-Out-Possibilities-Near-Term-4HR/ DEGENUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/DEGENUSDT/rC0zQfHp-DEGENUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ MANEKIUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/MANEKIUSDT/QIXhxXvu-MANEKIUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ CSPRUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/CSPRUSDT/G9IPBjJQ-CSPRUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ WLDUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/WLDUSDT/HTO5iLPy-WLDUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ GODSUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/GODSUSDT/KgtAxy1q-GODSUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ AXSUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/AXSUSDT/J710MPqb-AXSUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ CHZUSDT | Mapping Out Possibilities | Mid Term (1D) https://www.tradingview.com/chart/CHZUSDT/3LpUYox3-CHZUSDT-Mapping-Out-Possibilities-Mid-Term-1D/ OGNUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/OGNUSDT/3XnpYuF0-OGNUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ XCHUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/XCHUSDT/w0Xqm1zs-XCHUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ VRAUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/VRAUSDT/kLlD7A2I-VRAUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ CSPRUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/CSPRUSDT/1tZ4u6lX-CSPRUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ PERPUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/PERPUSDT/MnUtVYPu-PERPUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ TLMUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/TLMUSDT/kH7gRlUG-TLMUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ DODOUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/DODOUSDT/176xoGTR-DODOUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ LPTUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/LPTUSDT/YcR0dMas-LPTUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ VRAUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/VRAUSDT/qPHwAmy3-VRAUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ XCHUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/XCHUSDT/HIU6zph4-XCHUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ CSPRUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/CSPRUSDT/S7fIfKqw-CSPRUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ VELOUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/VELOUSDT/v774wvwT-VELOUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ UMAUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/UMAUSDT/d1F6VPhJ-UMAUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ OGNUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/OGNUSDT/aoUo9FLd-OGNUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ DOTUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/DOTUSDT/8B7UJ7iD-DOTUSDT-Buy-Now-Thank-Later-Near-Term-4HR/ VIDTUSDT | Buy Now, Thank Later | Near Term (4HR) https://www.tradingview.com/chart/VIDTUSDT/qOI466Ue-VIDTUSDT-Buy-Now-Thank-Later-Near-Term-4HR/
Very good shopping site, this can go up a lot soon. We are in excellent support. T1: 3.15 T2: 3.50 T3: 3.95 - 4
Hello Traders, Using Fibs and trend channel I predict NAS will hit around 23K by the end of January. I also expect this to be a local top. Let's see what happens.. Stay tuned.
Technical Analysis (TA) 1. Daily Chart (1D): * TSLA remains in a parabolic uptrend, holding well above the 9 EMA and 21 EMA. * Elevated volume supports the bullish trend, but price nearing key psychological resistance around $480–$500 suggests caution. * A healthy retracement could bring the stock back to test strong support near $450 or $440. https://www.tradingview.com/x/ludSskFc/ 2. 1-Hour Chart (1H): * TSLA is trading within a well-defined rising channel. * Channel resistance aligns near $480, while MACD divergence indicates slowing momentum – signaling a potential short-term pullback. * Support levels to watch for a bounce: $450 and $440–$430. GEX (Gamma Exposure) Analysis https://www.tradingview.com/x/yv8mngWi/ * Key Gamma Levels: * Call Walls (Resistance): * $490 – Moderate gamma resistance. * $500 – Major resistance where options sellers may defend this strike aggressively. * Put Walls (Support): * $440 – Highest positive NETGEX, providing strong support. * $417.5 – 3rd PUT Wall level, additional downside defense. * Options Oscillator: * Implied Volatility Rank (IVR): 9.1 (low), indicating options premiums are relatively cheap. * Call dominance: 124%, suggesting strong upward positioning in the options market. Trade Suggestions: Bullish Setup (If price holds support): * Call Options: * Strike: $480 or $500 (expiring 1–2 weeks out). * Look for entry near pullback support zones $450–$440. * Strategy: Buy calls or debit spreads targeting $490–$500. Bearish Setup (Short-term pullback): * Put Options: * Strike: $450 (short-term pullback). * Entry: If TSLA fails to hold $470–$460 with momentum confirming a breakdown. * Strategy: Buy puts or put debit spreads targeting $440 support. Key Levels to Watch: * Resistance: $480, $490, $500 * Support: $450, $440, $417.5 Outlook: * TSLA remains bullish, but the risk of a pullback increases as price nears major resistance. * Traders should consider buying Calls on pullbacks or hedging with Puts near resistance if momentum weakens. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Very good shopping site, this can go up a lot soon. We are on a pretty good support. I also recommend not using a lot of capital. T1: 0.49 T2: 0.54 T3: 0.58 - 0.60
Possible path for alts excluding top 10 by market cap
Technical Analysis of Moving average stocks (16/Dec/2024) follow us for more updates and information message us for any stocks related information.
The Relative Strength Index (RSI) is one of the most popular and widely used indicators in trading. Despite its prevalence, many traders misuse it or are unaware of its full potential. RSI isn't just about identifying overbought and oversold conditions; when applied correctly, it becomes a robust tool for trend confirmation, reversals, momentum acceleration, and much more. This guide explores how to unlock the full power of RSI and avoid common pitfalls. What Is RSI? Developed by J. Welles Wilder Jr., RSI measures the speed and magnitude of price changes over a specified period. It oscillates between 0 and 100, with the following traditional zones: Above 70: Indicates overbought conditions, where the price may reverse or consolidate. Below 30: Indicates oversold conditions, where the price may rebound or reverse upward. However, it’s important to note that RSI above 70 or below 30 can sometimes indicate trend acceleration rather than an immediate reversal—especially in strong trending markets, discussed in #6 The real reversal signal comes after RSI crosses back below 70 (for overbought) or back above 30 (for oversold). Understanding this distinction is critical to using RSI effectively. 1. Overbought and Oversold Conditions The classic use of RSI involves identifying overbought and oversold levels: Overbought: RSI rises above 70 and then drops back below it, signaling potential selling pressure. Oversold: RSI falls below 30 and then moves back above it, indicating potential buying interest. These signals are more effective when combined with tools like support/resistance levels or trendlines. https://www.tradingview.com/x/1FxvrF7y/ 2. Centerline Crossover The 50-level on RSI is a reliable trend indicator: Above 50: Bullish momentum dominates. Below 50: Bearish momentum dominates. Use these crossovers to confirm trends: Enter long trades when RSI is above 50. Enter short trades when RSI is below 50. https://www.tradingview.com/x/KZkLtOnT/ 3. Divergences Divergences between RSI and price can signal potential trend reversals: Bullish Divergence: Price makes lower lows, but RSI forms higher lows. Bearish Divergence: Price makes higher highs, but RSI forms lower highs. These divergences highlight weakening momentum and often precede reversals. https://www.tradingview.com/x/eEOsnX9S/ 4. RSI Patterns RSI can form recognizable chart patterns, such as triangles, head-and-shoulders, or double tops/bottoms. These patterns often precede price moves: Triangles: A breakout on RSI often signals a strong price move. Double Tops : A topping pattern on RSI warns of potential price declines. https://www.tradingview.com/x/3I3vik1N/ 5. Failure Swings Failure swings occur when RSI enters an extreme zone (above 70 or below 30) but fails to sustain momentum and reverses. This is a strong reversal signal and can precede significant price moves: Bullish Failure Swing: RSI dips below 30. It rises but dips again, staying above 30. RSI breaks its previous high, signaling a bullish reversal. Bearish Failure Swing: RSI rises above 70. It falls but rises again, staying below 70. RSI breaks its previous low, signaling a bearish reversal. How to trade it: For a bullish failure swing, enter long when RSI confirms the higher low and breaks above the previous swing high. For a bearish failure swing, enter short when RSI confirms the lower high and breaks below the previous swing low. https://www.tradingview.com/x/s9DkQU2y/ 6. Momentum Acceleration Strategy While RSI is traditionally used for spotting overbought and oversold conditions, it can also identify momentum acceleration during strong trends: Above 70: In strong uptrends, when RSI rises above 70 and stays there, it signals upward acceleration, indicating buyers are in control. Below 30: In strong downtrends, when RSI dips below 30 and stays there, it signals downward acceleration, with sellers driving the market lower. How to trade it: In uptrends, treat RSI staying above 70 as a sign of strength and look for pullbacks to enter long positions. In downtrends, use brief rebounds as opportunities to short while RSI remains below 30. https://www.tradingview.com/x/u0Y8CF6v/ 7. Multi-Timeframe Strategy Analyzing RSI across multiple timeframes enhances accuracy: Use the higher timeframe (e.g., daily) to identify the overall trend. Use the lower timeframe (e.g., 1-hour) to time trade entries. Example: If RSI on the daily chart is above 50 (bullish trend), look for hourly RSI dips below 30 to enter long trades. If RSI on the daily chart is below 50 (bearish trend), wait for hourly RSI to reach overbought levels above 70 to short. Tips for Advanced RSI Use: Adjust RSI Settings: Shorter periods (e.g., 7) make RSI more sensitive, while longer periods (e.g., 21) smooth out signals for longer-term trends. Combine RSI with Other Tools: Use RSI alongside moving averages, Fibonacci retracements, or Candlesticks. Risk Management: Always pair RSI signals with a stop-loss strategy to manage risk effectively. PRO TIP: As I like to say "Trade the price, not the indicator." Use RSI as a confirmation tool, not the main signal. For example, a price reversal from resistance or a bullish engulfing candle becomes far more reliable when backed by RSI signals. Conclusion RSI is far more versatile than many traders realize. While it’s traditionally used for identifying overbought and oversold levels, strategies like momentum acceleration and failure swings add depth to its utility. By combining RSI with centerline crossovers, divergences, multi-timeframe analysis, and chart patterns, traders can pinpoint entries, reversals, and momentum shifts with more precision and trade more confidently. Key Takeaways: - RSI staying above 70 or below 30 in trends signals momentum acceleration. - Failure swings offer reliable reversal signals when RSI breaks key levels. - Combining RSI strategies with other tools and proper risk management leads to more confidence
SOLANA is forming a nice pattern on the Daily chart and will break out soon!
//@version=4 study(title="Stochastic", shorttitle="RSISto", format=format.price, precision=2, resolution="") length1 = input(21, minval=1), smoothK1 = input(3, minval=1), smoothD1 = input(3, minval=1) length2 = input(5, minval=1), smoothK2 = input(1, minval=1), smoothD2 = input(1, minval=1) k1 = sma(stoch(close, high, low, length1), smoothK1) d1 = sma(k1, smoothD1) plot(k1, color=#C0C0C0) plot(d1, color=#C0C0C0) k2 = sma(stoch(close, high, low, length2), smoothK2) d2 = sma(k2, smoothD2) plot(k2, color=#C0C0C0) plot(d2, color=#C0C0C0) h0 = hline(80) h1 = hline(20) h2 = hline(95) h3 = hline(5) h4 = hline(50) src = close, len = input(14, minval=1, title="Length") avgLen = input(7, minval=1, title="Avg. Length") up = rma(max(change(src), 0), len) down = rma(-min(change(src), 0), len) rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down)) plot(sma(rsi+100, avgLen), color=#C0C0C0) plot(rsi+100, color=#C0C0C0) band1 = hline(170) band0 = hline(130) fill(band1, band0, color=#C0C0C0, transp=90)